THRUVISION GROUP PLC
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Cash
£2m
+439.8% vs 2025
Net assets
£4.7m
-15.1% lowest in 3 filed years
Employees
34
-12.8% lowest in 3 filed years
Profit before tax
-£3.6m
+22.7% vs 2025
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Therefore, a material uncertainty exists, that may cast significant doubt on the Company's ability to continue as a going concern. However, given the expectation of trading described and despite the uncertainties set out above, the Directors, in preparing the financial statements, have adopted the going concern basis, which they believe represents the most reasonable basis in the circumstances.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £7,814,000 | £4,163,000 | £6,021,000 | +44.6% | |
| Operating profit | -£2,996,000 | -£4,716,000 | -£3,624,000 | +23.2% | |
| Profit before tax | -£2,949,000 | -£4,697,000 | -£3,632,000 | +22.7% | |
| Net profit | -£2,846,000 | -£4,604,000 | — | — | |
| Cash | £4,119,000 | £374,000 | £2,019,000 | +439.8% | |
| Total assets less current liabilities | £9,472,000 | £6,198,000 | £5,317,000 | -14.2% | |
| Net assets | £8,761,000 | £5,556,000 | £4,715,000 | -15.1% | |
| Equity | £8,761,000 | £5,556,000 | £4,715,000 | -15.1% | |
| Average employees | 43 | 39 | 34 | -12.8% | |
| Wages | £4,015,000 | £3,599,000 | £2,941,000 | -18.3% | |
| Directors' remuneration | £650,000 | £424,000 | £450,000 | +6.1% | |
| Directors' pension contributions | £10,000 | £8,000 | £7,000 | -12.5% | |
| Highest paid director | £310,000 | £222,000 | £247,000 | +11.3% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | -38.3% | -113.3% | -60.2% | |
| Net margin | -36.4% | -110.6% | — | |
| Return on capital employed | -31.6% | -76.1% | -68.2% | |
| Gearing (liabilities / total assets) | 24.5% | 34.3% | 37.3% | |
| Current ratio | 4.74x | 3.15x | 2.97x | |
| Interest cover | -48.32x | -78.60x | -71.06x |
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 2 times since incorporation
- THRUVISION GROUP PLC 2017-10-31 → present
- DIGITAL BARRIERS PLC 2010-02-16 → 2017-10-31
- DBL2 PLC 2010-02-08 → 2010-02-16
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Therefore, a material uncertainty exists, that may cast significant doubt on the Company's ability to continue as a going concern. However, given the expectation of trading described and despite the uncertainties set out above, the Directors, in preparing the financial statements, have adopted the going concern basis, which they believe represents the most reasonable basis in the circumstances.”
Group structure
- THRUVISION GROUP PLC · parent
- Thruvision Limited 100%
- Thruvision Inc. 100%
Significant events
- “In order to manage fluctuations in working capital, the Group agreed a continuation of the overdraft facility with HSBC at £0.1 million from 31 May 2026 to 31 May 2027.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PLATT, Hannah Victoria | Secretary | 2023-01-01 | — | — |
| AMOS, Richard John | Director | 2021-03-01 | Feb 1967 | British |
| BALCHIN, Victoria Jane | Director | 2022-10-01 | Apr 1974 | British |
| BLACK, Thomas Joseph | Director | 2010-02-08 | Dec 1959 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EVANS, Colin Michael | Secretary | 2010-02-08 | 2010-04-13 |
| WOOLLHEAD, John Andrew | Secretary | 2010-04-13 | 2023-01-01 |
| BANKS, John Christopher | Director | 2010-03-04 | 2012-07-25 |
| COOPER, Sharon Denise | Director | 2014-03-03 | 2017-10-31 |
| CROCKETT, Adrian | Director | 2019-05-01 | 2022-04-14 |
| DOFFMAN, Zak | Director | 2010-02-08 | 2017-10-31 |
| EVANS, Colin Michael | Director | 2010-02-08 | 2024-10-31 |
| HOLGATE, Nicholas James | Director | 2011-08-30 | 2013-07-08 |
| KEELEY, Rupert Graham | Director | 2010-07-01 | 2012-07-25 |
| LINDSAY, Ian Alexander Robertson | Director | 2018-03-01 | 2019-05-01 |
| NURSE, Katrina Lesley | Director | 2022-04-01 | 2025-12-31 |
| TAYLOR, Paul Ronald | Director | 2012-04-01 | 2021-09-28 |
| WALDREN, Bernard Joseph | Director | 2012-07-01 | 2017-10-23 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 161 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-04 RESOLUTIONS Resolution
- 2025-08-11 RESOLUTIONS Resolution
- 2024-10-03 RESOLUTIONS Resolution
- 2023-10-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-07 | AA | accounts | Accounts with accounts type group | |
| 2026-01-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-04 | AA | accounts | Accounts with accounts type group | |
| 2025-08-11 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-05 | SH01 | capital | Capital allotment shares | |
| 2025-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-14 | SH01 | capital | Capital allotment shares | |
| 2024-10-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-03 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-11 | AA | accounts | Accounts with accounts type group | |
| 2024-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-04 | SH01 | capital | Capital allotment shares | |
| 2023-10-31 | SH01 | capital | Capital allotment shares | |
| 2023-10-12 | SH01 | capital | Capital allotment shares | |
| 2023-10-06 | RESOLUTIONS | resolution | Resolution | |
| 2023-09-05 | SH01 | capital | Capital allotment shares | |
| 2023-08-09 | AA | accounts | Accounts with accounts type group | |
| 2023-08-08 | RP04SH01 | capital | Second filing capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.