VISLINK LTD
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Cash
£802k
+83.1% highest in 3 filed years
Net assets
-£37m
-34.1% lowest in 3 filed years
Employees
41
-24.1% vs 2023
Profit before tax
-£9.8m
-2,509.4% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors have received confirmation from the US parent company that they will continue to support the Group for a period of at least 12 months from the signing of these financial statements... it has been concluded that there is an indication of material uncertainty due to the Company's reliance on the US parent company and the level of available cash that is currently available to the Group.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £15,301,308 | £14,312,442 | £12,444,349 | -13.1% | |
| Operating profit | -£7,860,793 | £591,923 | -£9,602,273 | -1,722.2% | |
| Profit before tax | -£8,168,299 | £405,337 | -£9,766,159 | -2,509.4% | |
| Net profit | -£7,949,314 | £671,584 | -£9,470,361 | -1,510.2% | |
| Cash | £573,111 | £438,039 | £802,021 | +83.1% | |
| Total assets less current liabilities | -£11,509,439 | -£11,629,565 | -£20,469,856 | -76% | |
| Net assets | -£28,422,627 | -£27,751,043 | -£37,221,404 | -34.1% | |
| Equity | — | — | — | — | |
| Average employees | 41 | 54 | 41 | -24.1% | |
| Wages | £2,785,356 | £2,283,023 | £2,548,843 | +11.6% | |
| 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. 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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | -51.4% | 4.1% | -77.2% | |
| Net margin | -52.0% | 4.7% | -76.1% | |
| Gearing (liabilities / total assets) | 246.8% | 224.8% | 278.5% | |
| Current ratio | 0.51x | 0.55x | 0.47x | |
| Interest cover | -25.55x | 3.16x | -58.59x |
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
- VISLINK LTD 2020-06-10 → present
- INTEGRATED MICROWAVE TECHNOLOGY LTD 2016-12-13 → 2020-06-10
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ecovis Wingrave Yeats LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The directors have received confirmation from the US parent company that they will continue to support the Group for a period of at least 12 months from the signing of these financial statements... it has been concluded that there is an indication of material uncertainty due to the Company's reliance on the US parent company and the level of available cash that is currently available to the Group.”
Group structure
- VISLINK LTD · parent
- Mobile Viewpoint Corporate B.V. 100%
- Mobile Viewpoint B.V. 100%
- IQ VideoSolutions B.V. 100%
Significant events
- “On 10 February 2025, the ultimate parent undertaking and controlling party, Vislink Technologies Inc. voluntarily delisted from The Nasdaq Capital Market. Subsequently on 12 February 2025, the shares became quoted for trading with the OTCOB of OTC Markets.”
- “On 30 December 2025, the Company received £62,939 from HMRC in respect of an R&D tax credit for the year ended 31 December 2023.”
- “In the prior year the Company disclosed plans to transition its manufacturing operations to the United States. Subsequently, at the balance sheet date following changes in management and strategic focus of operations, the Company determined that manufacturing operations will instead relocate to the United Kingdom.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MILLER, Carleton, Mr. | Director | 2020-02-24 | May 1963 | American |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOND, Michael Charles | Director | 2024-07-15 | 2025-06-28 |
| BOND, Michael Charles, Mr. | Director | 2020-04-01 | 2023-03-31 |
| BRANTON, Roger Glenn | Director | 2016-12-13 | 2020-03-31 |
| NORRIDGE, Paul, Mr. | Director | 2023-04-01 | 2024-06-30 |
| PAYNE IV, John Bayly | Director | 2018-07-19 | 2020-03-19 |
| ROBINS, David Ian | Director | 2018-07-19 | 2019-04-17 |
| WALTON, James Martin | Director | 2017-03-16 | 2018-07-19 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 37 total filings
Material constitutional events — rename, articles re-file, resolution
- 2020-06-10 RESOLUTIONS Resolution PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-21 | AA | accounts | Accounts with accounts type full | |
| 2026-02-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-08 | AA | accounts | Accounts with accounts type full | |
| 2025-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2023-04-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-04 | AA | accounts | Accounts with accounts type full | |
| 2022-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-07 | AA | accounts | Accounts with accounts type full | |
| 2021-12-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-03-29 | AA | accounts | Accounts with accounts type full | |
| 2021-01-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-10 | RESOLUTIONS | resolution | Resolution | |
| 2020-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2020-04-01 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.