KVASIR TECHNOLOGIES LTD
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Cash
£2.1m
+84% vs 2025
Net assets
£5.9m
+48.7% highest in 6 filed years
Employees
8
0% vs 2025
Profit before tax
£2.6m
+252.6% highest in 6 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Charges registered
Companies House lists one or more registered charges (e.g. mortgages or debentures). Some may since have been satisfied — see the official charges register for current status.
Net assets
6-year trend · vs Utilities median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £586,536 | £139,499 | £58,195 | £550,077 | £3,184,746 | £6,105,685 | +91.7% | |
| Operating profit | -£1,162,729 | -£1,923,512 | -£2,336,105 | -£3,333,665 | £760,658 | £2,633,072 | +246.2% | |
| Profit before tax | -£1,162,686 | -£1,923,512 | -£2,336,347 | -£3,329,203 | £749,544 | £2,643,254 | +252.6% | |
| Net profit | -£763,423 | -£1,576,094 | -£2,048,865 | -£3,123,253 | £1,868,210 | £1,930,860 | +3.4% | |
| Cash | £4,173,174 | £2,366,967 | £1,783,084 | £1,809,085 | £1,150,514 | £2,116,409 | +84% | |
| Total assets less current liabilities | £4,810,523 | £3,234,430 | £3,146,862 | £2,099,798 | £3,968,008 | — | — | |
| Net assets | — | — | — | £2,099,798 | £3,968,008 | £5,898,868 | +48.7% | |
| Equity | £4,810,523 | £3,234,430 | £3,146,862 | £2,099,798 | £3,968,008 | £5,898,868 | +48.7% | |
| Average employees | 8 | 9 | 9 | 9 | 8 | 8 | 0% | |
| Wages | £1,035,967 | £1,188,882 | £1,294,856 | £1,492,028 | £1,527,528 | £1,769,986 | +15.9% | |
| Directors' remuneration | £160,000 | £160,000 | £160,000 | £186,300 | £204,300 | £259,553 | +27% | |
| Highest paid director | £NaN | £NaN | £NaN | £186,300 | £204,300 | £259,553 | +27% |
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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | -198.2% | — | — | — | 23.9% | 43.1% | |
| Net margin | -130.2% | — | — | — | 58.7% | 31.6% | |
| Return on capital employed | -24.2% | -59.5% | -74.2% | -158.8% | 19.2% | — | |
| Gearing (liabilities / total assets) | — | — | — | 8.3% | 10.6% | — | |
| Current ratio | — | — | — | 11.97x | 9.40x | 35.20x | |
| Interest cover | — | — | — | — | 34.58x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “On 1 May 2025, 1,280 B Ordinary shares were issued for nominal value of £0.0001 at par.”
- “On 8 January 2026, 1,639 B Ordinary shares were issued for nominal value of £0.0001 at par.”
- “On 24 June 2024, the company entered an arrangement with an existing shareholder, JV Equity ApS to borrow £236,965. This loan was repaid during the year with interest applied at a rate of 8-12%.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MMH INVESTMENT HOLDINGS LTD | Corporate Secretary | 2018-09-05 | — | — |
| LINDSEY, Melvin Duane | Director | 2021-03-18 | May 1964 | American |
| MERRITT-HOLMES, Michael James | Director | 2018-09-05 | Dec 1977 | British |
| BROTHERS IN ARMS APS | Corporate Director | 2018-09-05 | — | — |
| MMH INVESTMENT HOLDINGS LTD | Corporate Director | 2018-09-05 | — | — |
| OBERHUBER LIMITED | Corporate Director | 2018-09-25 | — | — |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Oberhuber Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2018-09-25 | Ceased 2019-08-21 |
| Brothers In Arms Aps | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-09-05 | Ceased 2024-02-01 |
Filing timeline
Last 20 of 48 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-17 RESOLUTIONS Resolution
- 2026-04-17 MA Memorandum articles
- 2025-05-12 MA Memorandum articles
- 2025-05-12 RESOLUTIONS Resolution
- 2025-05-12 RESOLUTIONS Resolution
- 2024-04-20 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-28 | AA | accounts | Accounts with accounts type full | |
| 2026-08-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-17 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-17 | MA | incorporation | Memorandum articles | |
| 2026-03-31 | SH01 | capital | Capital allotment shares | |
| 2025-07-25 | AA | accounts | Accounts with accounts type full | |
| 2025-07-10 | SH01 | capital | Capital allotment shares | |
| 2025-05-12 | MA | incorporation | Memorandum articles | |
| 2025-05-12 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-12 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-24 | AA | accounts | Accounts with accounts type full | |
| 2024-04-20 | RESOLUTIONS | resolution | Resolution | |
| 2024-02-23 | SH06 | capital | Capital cancellation shares | |
| 2024-02-23 | SH03 | capital | Capital return purchase own shares | |
| 2024-02-01 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-02-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-04 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 2
- 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.