NOMAD COMPUTE PLC
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Cash
£7.2k
Latest balance sheet
Net assets
£2.2m
Equity attributable
Employees
—
Average over period
Profit before tax
-£926k
Period ending 2023-06-30
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
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Material uncertainty over going concern
The Directors are confident that the company will achieve its cash flow forecasts and, taking into account the operating initiatives already in place and the funding options available to the company, have prepared the accounts on a going concern basis. Nevertheless, the forecasts show that the company may have a low level of cash in twelve months time and may require further funding in the longer term to meet its commitments as they fall due. These conditions and events indicate the existence of material uncertainties that may cast significant doubt upon the companies ability to continue as a going concern and the company may therefore be unable to realise their assets and discharge their liabilities in the ordinary course of business.
-
Audit opinion: Adverse
Latest auditor's report carried a non-clean opinion.
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Going-concern uncertainty disclosed
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Negative shareholders' funds
Net assets
1-year trend · vs Consumer Discretionary median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-06-30 | Δ vs prior |
|---|---|---|---|
| Turnover | £62,593 | — | |
| Operating profit | -£919,372 | — | |
| Profit before tax | -£925,568 | — | |
| Net profit | -£925,568 | — | |
| Cash | £7,174 | — | |
| Total assets less current liabilities | £2,817,248 | — | |
| Net assets | £2,236,646 | — | |
| Equity | £2,236,646 | — | |
| Average employees | — | — | |
| Wages | — | — | |
| Directors' remuneration | £175,562 | — | |
| Highest paid director | £126,267 | — |
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 | 2023-06-30 |
|---|---|---|
| Return on capital employed | -32.6% | |
| Gearing (liabilities / total assets) | 32.1% | |
| Current ratio | 0.09x | |
| Interest cover | -21.79x |
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 2 times since incorporation
- NOMAD COMPUTE PLC 2026-04-30 → present
- VISUM TECHNOLOGIES PLC 2021-06-07 → 2026-04-30
- VISUM TECHNOLOGIES LIMITED 2021-02-18 → 2021-06-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MAH, Chartered Accountants
- Audit opinion
- Adverse
- Going concern
- Material uncertainty disclosed
“The Directors are confident that the company will achieve its cash flow forecasts and, taking into account the operating initiatives already in place and the funding options available to the company, have prepared the accounts on a going concern basis. Nevertheless, the forecasts show that the company may have a low level of cash in twelve months time and may require further funding in the longer term to meet its commitments as they fall due. These conditions and events indicate the existence of material uncertainties that may cast significant doubt upon the companies ability to continue as a going concern and the company may therefore be unable to realise their assets and discharge their liabilities in the ordinary course of business.”
Group structure
- NOMAD COMPUTE PLC · parent
- C&C GORDON LTD 100%
Significant events
- “During the second half of 2025, management evaluated a number of alternative acquisition and growth opportunities. This process culminated in the negotiation and finalization of an agreement to acquire Crowdtech AB, a Swedish technology development company with an established development team, recurring customer relationships, and a proven track record of delivering software development services to international clients. The transaction was finalized at the end of December 2025 and represented a strategic shift toward building a scalable technology platform capable of supporting both internal product development and third-party technology services.”
- “Subsequent to the year-end, and as a further post-balance-sheet event, the Company was presented with the opportunity to participate in the development and commercialization of NOMAD Compute, a next-generation high-performance computing and AI infrastructure business.”
- “In support of this strategy, the Company completed a fundraising of approximately £3.12 million in 2026 to accelerate the development and deployment of the NOMAD Compute platform.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAPITAL PLUS PARTNERS LIMITED | Corporate Secretary | 2023-06-30 | — | — |
| CUSHLEY, Barry Michael | Director | 2025-06-10 | Aug 1979 | British |
| DIXON, Marc | Director | 2021-03-23 | Aug 1969 | American |
| KENNEDY, Paul John | Director | 2023-12-03 | Jan 1964 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORPORATE SERVICES LTD, First Sentinel | Secretary | 2023-01-18 | 2023-06-30 |
| COMPUTERSHARE COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2021-06-07 | 2023-01-18 |
| COMPUTERSHARE COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2021-05-27 | 2021-05-27 |
| EDGE, Andrew | Director | 2021-05-17 | 2025-06-10 |
| KENNEDY, Paul John | Director | 2021-08-16 | 2022-03-31 |
| SCHULZE SR, John Spencer | Director | 2021-04-07 | 2022-03-24 |
| STILWELL, Michael James | Director | 2021-08-02 | 2022-10-31 |
| VAN BILSEN, Petrus Andreas | Director | 2022-11-15 | 2023-12-03 |
| WARD, James | Director | 2021-04-29 | 2022-01-31 |
| WILSON, Sharon Lisa | Director | 2021-02-18 | 2021-06-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mnl Nominees Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2021-04-29 | Active |
| Ms Sharon Lisa Wilson | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-02-18 | Ceased 2021-04-29 |
Filing timeline
Last 20 of 83 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-08-19 RESOLUTIONS Resolution
- 2026-06-20 MA Memorandum articles
- 2026-06-20 RESOLUTIONS Resolution
- 2026-04-30 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-25 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-21 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-19 | RESOLUTIONS | resolution | Resolution | |
| 2026-08-04 | AA | accounts | Accounts with accounts type full | |
| 2026-07-17 | SH01 | capital | Capital allotment shares | |
| 2026-07-16 | SH02 | capital | Capital alter shares subdivision | |
| 2026-06-20 | MA | incorporation | Memorandum articles | |
| 2026-06-20 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-06-18 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2026-06-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-06-17 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2026-06-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-06-17 | SH01 | capital | Capital allotment shares | |
| 2026-06-02 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-30 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-08-11 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 19
- Capital events
- 3
- 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.