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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-14 (in 2mo)

Last made up 2025-06-30

Watchouts

None on the register

Cash

£45K

USD 59,817

-81.2% vs 2023

Net assets

£3M

USD 3,834,110

+291.1% vs 2023

Employees

12

-20% vs 2023

Profit before tax

£2M

USD 2,847,333

-68.4% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £21,238,359£3,431,870
Operating profit £6,728,570£2,128,492
Profit before tax £6,728,743£2,128,529
Net profit £6,473,472£2,133,296
Cash £237,568£44,716
Total assets less current liabilities £1,284,775£2,870,549
Net assets £732,900£2,866,196
Equity £732,900£2,866,196
Average employees 1512
Wages £1,510,136£648,299
Directors' remuneration

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin 31.7%62.0%
Net margin 30.5%62.2%
Return on capital employed 523.7%74.1%
Gearing (liabilities / total assets) 95.5%69.4%
Current ratio 1.08x1.44x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

  1. NETSPARKER LIMITED 2013-12-09 → present
  2. MAVITUNA SECURITY LIMITED 2009-06-30 → 2013-12-09

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Menzies LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At the time of approving these financial statements, the directors have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company also has group financial support available in case of financial difficulties. Accordingly, the directors do not consider there to be any material uncertainty relating to the Company's ability to continue as a going concern and thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

  1. NETSPARKER LIMITED · parent
    1. Netsparker Yazılım Gelistirme Ve Arastirma Hizmetleri Limited Şirketi 100% · Turkey

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 9 resigned

Name Role Appointed Born Nationality
GONZI, Karl Director 2022-04-18 Oct 1987 Maltese
MANDEL, John Robert Director 2023-04-11 May 1963 American
RAPINETT, Kurt Director 2022-04-18 Dec 1988 Maltese
Show 9 resigned officers
Name Role Appointed Resigned
EDGELER, Peter Frederick Secretary 2009-06-30 2017-12-15
ANG, Dominic Director 2017-12-15 2022-04-18
BRAY, Jeffrey Martin Director 2022-04-18 2023-04-07
CALLEJA, Joseph Director 2021-04-01 2022-04-18
EDGELER, Peter Frederick Director 2009-06-30 2017-12-15
MAVITUNA, Ferruh Director 2020-05-28 2021-04-01
MAVITUNA, Ferruh Director 2009-06-30 2017-12-15
SORGEL, Chase Director 2017-12-15 2022-04-18
GREAT WAVE LIMITED Corporate Director 2018-01-03 2020-05-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Netsparker Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-12-15 Active
Mr Ferruh Mavituna Individual Shares 50–75% 2016-06-30 Ceased 2017-12-15

Filing timeline

Last 20 of 84 total filings

Date Type Category Description
2025-10-10 AA accounts Accounts with accounts type full
2025-07-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-09 CH01 officers Change person director company with change date PDF
2024-10-07 AA accounts Accounts with accounts type full
2024-07-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-04 CH01 officers Change person director company with change date PDF
2024-07-04 CH01 officers Change person director company with change date PDF
2023-10-13 AA accounts Accounts with accounts type full
2023-06-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-15 CH01 officers Change person director company with change date PDF
2023-04-11 AP01 officers Appoint person director company with name date PDF
2023-04-11 TM01 officers Termination director company with name termination date PDF
2022-10-10 AA accounts Accounts with accounts type full
2022-07-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-04-19 TM01 officers Termination director company with name termination date PDF
2022-04-19 TM01 officers Termination director company with name termination date PDF
2022-04-19 TM01 officers Termination director company with name termination date PDF
2022-04-19 AP01 officers Appoint person director company with name date PDF
2022-04-19 AP01 officers Appoint person director company with name date PDF
2022-04-19 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page