VISIONABLE LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-01 (in 6mo)
Last made up 2025-10-18
Watchouts
Cash
£639K
-79.5% lowest in 6 filed years
Net assets
-£2M
+41.7% vs 2023
Employees
25
-24.2% vs 2023
Profit before tax
-£4M
+21.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Technology median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-09-30 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £816,175 | £819,422 | |
| Operating profit | — | — | — | — | -£4,475,796 | -£2,951,735 | |
| Profit before tax | — | — | — | — | -£4,947,337 | -£3,872,750 | |
| Net profit | — | — | — | — | -£4,554,194 | £1,273,503 | |
| Cash | £2,216,384 | £6,017,549 | £8,896,440 | £2,901,194 | £3,125,089 | £639,346 | |
| Total assets less current liabilities | £2,396,588 | — | £12,892,292 | £14,555,734 | £3,280,356 | £5,452,813 | |
| Net assets | £2,396,588 | — | £12,884,792 | — | -£3,001,894 | -£1,750,901 | |
| Equity | £2,396,588 | — | — | £11,959,521 | -£3,001,894 | -£1,750,901 | |
| Average employees | 16 | 38 | 64 | 73 | 33 | 25 | |
| Wages | — | — | — | — | £3,125,877 | £2,265,869 | |
| Directors' remuneration | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — 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
-
Turnover
+0.4%
£816,175 £819,422
-
Cash
-79.5%
£3,125,089 £639,346
lowest in 6 filed years
-
Net assets
+41.7%
-£3,001,894 -£1,750,901
-
Employees
-24.2%
33 25
-
Operating profit
+34.1%
-£4,475,796 -£2,951,735
-
Profit before tax
+21.7%
-£4,947,337 -£3,872,750
-
Wages
-27.5%
£3,125,877 £2,265,869
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 | 2019-09-30 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Net margin | — | — | — | — | — | 155.4% | |
| Return on capital employed | — | — | — | — | -136.4% | -54.1% | |
| Gearing (liabilities / total assets) | — | — | — | — | 166.7% | 128.9% | |
| Current ratio | — | — | — | — | 3.57x | 9.78x | |
| Interest cover | — | — | — | — | -9.48x | -3.13x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- VISIONABLE LTD 2019-03-26 → present
- IOCOM UK LIMITED 2015-09-21 → 2019-03-26
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Consolidated group
- Abridged
- Yes — abridged accounts (limited disclosure)
- Audit opinion
- Unaudited (audit-exempt)
- Going concern
- Affirmed
“prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.”
Group structure
- VISIONABLE LTD · parent
- Visionable Inc 100%
- Visionable UK Ltd 100%
Significant events
- “The company has made qualifying third party indemnity provisions for the benefit of its directors during the year. These provisions remain in force at the reporting date.”
- “In June 2025, a fund raising exercise was concluded resulting in £2.5m of new equity funding being raised. In addition, all £8.9m of convertible loan notes with relevant accrued interest were converted to equity, thereby removing the company's debt and significantly improving its balance sheet strength.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ADEBOWALE, Victor Olufemi, Lord | Director | 2015-09-21 | Jul 1962 | British |
| BARDSLEY, Matthew | Director | 2025-06-25 | Feb 1974 | British |
| DUNN, Alasdair Andrew | Director | 2023-10-01 | Mar 1970 | British |
| LOWE, Alan Anthony | Director | 2015-09-21 | Mar 1979 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAJWA, Junaid Azmat, Dr | Director | 2020-08-10 | 2022-12-01 |
| HON JOHN STEVENSON, John Heneage | Director | 2015-09-21 | 2018-07-06 |
| HUSSAIN, Sayed Shahzad | Director | 2017-12-21 | 2018-02-27 |
| LEIGHTON, Allan Leslie | Director | 2021-09-10 | 2025-10-20 |
| PURSEY, Richard Michael | Director | 2018-09-01 | 2025-04-30 |
| SCHUSTER, Rene Hanns | Director | 2018-09-01 | 2020-03-01 |
| THOMAS, Janet Joycelyn | Director | 2020-01-14 | 2022-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Alan Anthony Lowe | Individual | Appoints directors, Significant influence | 2016-06-29 | Ceased 2025-11-28 |
Filing timeline
Last 20 of 92 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-17 RESOLUTIONS Resolution
- 2025-04-17 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-28 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-11-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-18 | SH01 | capital | Capital allotment shares | |
| 2025-11-18 | SH01 | capital | Capital allotment shares | |
| 2025-11-18 | SH01 | capital | Capital allotment shares | |
| 2025-11-18 | SH01 | capital | Capital allotment shares | |
| 2025-11-18 | SH01 | capital | Capital allotment shares | |
| 2025-11-18 | SH01 | capital | Capital allotment shares | |
| 2025-09-23 | AA | accounts | Accounts with accounts type group | |
| 2025-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-17 | MA | incorporation | Memorandum articles | |
| 2024-10-16 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-10-04 | CS01 | confirmation-statement | Confirmation statement | |
| 2024-09-30 | AA | accounts | Accounts with accounts type group | |
| 2023-12-07 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 6
- Officers appointed
- 1
- 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.