CompanyTrack
V

VORTEX IOT LIMITED

Active Neath

Other software publishing

33 employees Website
Environment, agriculture and waste Other software publishingBusiness and domestic software development +2
V

VORTEX IOT LIMITED

Other software publishing

Founded 9 Oct 2017 Active Neath, United Kingdom 33 employees vortexiot.com
Environment, agriculture and waste Other software publishingBusiness and domestic software developmentInformation technology consultancy activitiesOther information technology service activities
Accounts Submitted 7 Mar 2025
Confirmation Statement Submitted 14 Oct 2025
Net assets £-500.00K £51.00K 2024 year on year
Total assets £5.37M £575.00K 2024 year on year
Total Liabilities £5.87M £524.00K 2024 year on year
Charges 3
2 outstanding 1 satisfied

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Contact & Details

Registered Address

Suite 5 Metal Box Milland Road Industrial Estate Neath SA11 1NJ United Kingdom

Credit Report

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Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2018–2024)

Cash in Bank

£117.00k

Increased by £60.00k (+105%)

Net Assets

-£500.00k

Increased by £51.00k (+9%)

Total Liabilities

£5.87M

Increased by £524.00k (+10%)

Turnover

N/A

Employees

33

Decreased by 5 (-13%)

Debt Ratio

109%

Decreased by 2 (-2%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

£1.5m awarded
Show:

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

9 Allotments 82,157 Shares £715k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
22 Dec 202112,402£124.02£0.01
30 Nov 20214,559£49k£10.69
30 Nov 20214,392£16k£3.6
4 Jan 201922,217£237k£10.69
27 Jul 20181,403£15k£10.69

Officers

Officers

2 active 10 resigned
Status
David James SinclairDirectorBritishEngland4715 Sept 2023Active
Martin JohnsonDirectorBritishUnited Kingdom524 Aug 2023Active

Shareholders

Shareholders (2)

Marston Technology Investments Limited
87.0%
209,73413 Oct 2022
Marston Technology Investments Limited
13.0%
31,25613 Oct 2022

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Marston Technology Investments Limited

United Kingdom

Active
Notified 22 Dec 2021
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Nicholas Paul Beckett

Ceased 6 Aug 2018

Ceased

Group Structure

Group Structure

MARSTON TECHNOLOGY INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MARSTON TECHNOLOGIES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MARSTON (HOLDINGS) LIMITED united kingdom shares 75 to 100 percent
MAGENTA BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MAGENTA INTERCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MAGENTA PIKCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MARSTON CORPORATE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
FREE FLOW BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
FREE FLOW PARENTCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
FREE FLOW PIKCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
FREE FLOW INTERCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
FREE FLOW TOPCO LIMITED united kingdom
VORTEX IOT LIMITED Current Company
IOTICS LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

2 outstanding 1 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
14 Oct 2025Confirmation StatementConfirmation statement made on 2025-10-08 with no updatesView(3 pages)
9 Jun 2025MortgageMortgage Create With Deed With Charge Number Charge Creation DateView(68 pages)
7 Mar 2025AccountsAnnual accounts made up to 2024-05-31View(17 pages)
7 Mar 2025AccountsAnnual accounts filedView(103 pages)
13 Feb 2025OtherNotice of agreement to exemption from audit of accounts for period ending 31/05/24View(1 page)
14 Oct 2025 Confirmation Statement

Confirmation statement made on 2025-10-08 with no updates

9 Jun 2025 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

7 Mar 2025 Accounts

Annual accounts made up to 2024-05-31

7 Mar 2025 Accounts

Annual accounts filed

13 Feb 2025 Other

Notice of agreement to exemption from audit of accounts for period ending 31/05/24

Recent Activity

Latest Activity

Confirmation statement made on 2025-10-08 with no updates

4 months ago on 14 Oct 2025

Mortgage Create With Deed With Charge Number Charge Creation Date

8 months ago on 9 Jun 2025

Annual accounts made up to 2024-05-31

11 months ago on 7 Mar 2025

Annual accounts filed

11 months ago on 7 Mar 2025

Notice of agreement to exemption from audit of accounts for period ending 31/05/24

1 years ago on 13 Feb 2025