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Cash

£7.3m

Latest balance sheet

Net assets

£45m

Equity attributable

Employees

180

Average over period

Profit before tax

£7.2m

Period ending 2023-12-31

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-31 Δ vs prior
Turnover £40,020,000
Operating profit £5,908,000
Profit before tax £7,163,000
Net profit £5,453,000
Cash £7,267,000
Total assets less current liabilities £43,069,000
Net assets £44,827,000
Equity £44,827,000
Average employees 180
Wages £14,665,000
Directors' remuneration £124,000
Directors' pension contributions £10,000
Highest paid director £71,834

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 . Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers

Ratios

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

Ratio Trend 2023-12-31
Operating margin 14.8%
Net margin 13.6%
Return on capital employed 13.7%
Gearing (liabilities / total assets) 11.9%
Current ratio 6.49x

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

  1. DNV UK LIMITED 2021-04-26 → present
  2. DNV GL UK LIMITED 2014-11-21 → 2021-04-26
  3. SNRDCO 3183 LIMITED 2014-09-08 → 2014-11-21

Audit & accounting basis

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

“The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides on the operations and its financial resources the company will have sufficient funds to meet its liabilities as they fall due for that period. Consequently, the directors are confident that the company will have sufficient funds to continue to meet ts liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

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
HUGHES, Kevin Director 2022-09-01 Mar 1982 British
STEBBINGS, Robert Thomas Director 2022-02-11 Apr 1974 British
VAMADEVAN, Pradeep Director 2019-01-09 Apr 1967 British
Show 9 resigned officers
Name Role Appointed Resigned
TILSON, Aaron Secretary 2014-11-21 2016-02-02
DENTONS SECRETARIES LIMITED Corporate Secretary 2014-09-08 2014-11-21
COX, Peter Charles Director 2014-09-08 2014-11-21
CZUPRYNA, Katharine Vida Director 2020-01-07 2021-04-01
FERNANDEZ, Mervyn Cajetan Director 2018-01-24 2022-02-11
SMERDON, Jason Cosmo Director 2016-01-04 2018-01-15
SUTCLIFFE, David Kay Director 2014-11-21 2016-01-04
VAMADEVAN, Pradeep Director 2014-11-21 2018-04-23
DENTONS DIRECTORS LIMITED Corporate Director 2014-09-08 2014-11-21

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dnv As Corporate entity Shares 75–100% 2025-09-03 Active
Mr Mervyn Cajetan Fernandez Individual Significant influence 2018-01-24 Ceased 2022-02-11
Mr Pradeep Vamadevan Individual Significant influence 2016-04-06 Ceased 2025-09-03
Mr Thomas Vogth-Eriksen Individual Significant influence 2016-04-06 Ceased 2020-09-09
Mr Jason Cosmo Smerdon Individual Significant influence 2016-04-06 Ceased 2018-01-12

Filing timeline

Last 20 of 66 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-12-24 RESOLUTIONS Resolution
Date Type Category Description
2026-08-14 AA accounts Accounts with accounts type full
2026-01-06 SH20 capital Legacy
2026-01-06 SH19 capital Capital statement capital company with date currency figure
2026-01-06 CAP-SS insolvency Legacy
2025-12-24 RESOLUTIONS resolution Resolution
2025-11-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-03 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-09-03 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-08-05 AA accounts Accounts with accounts type full
2024-11-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-16 AA accounts Accounts with accounts type full
2023-11-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-11-01 AD01 address Change registered office address company with date old address new address PDF
2023-07-11 AA accounts Accounts with accounts type full
2022-11-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-06 AP01 officers Appoint person director company with name date PDF
2022-06-28 AA accounts Accounts with accounts type full
2022-04-08 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-02-14 AP01 officers Appoint person director company with name date PDF
2022-02-14 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
2

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