Boundary Visualisation Limited
Registered name: BOUNDARY VISUALISATION LIMITED
Part of Kester Capital III GP LLP groupBoundary Visualisation Limited made £15.6m revenue and £1.2m profit in the year to 31 Aug 2025. read from filing text
Boundary Visualisation Limited’s revenue fell 4% to £15.6m in the year to 31 Aug 2025, with £1.2m profit and 75 employees. The company is classified under “architectural activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent company is”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £7.4m | £10.9m | £16.4m | £15.6m |
| Cost of sales | £3m | £5.1m | £9m | £8.8m |
| Gross profit | £4.5m | £5.8m | £7.3m | £6.8m |
| Operating profit | £2.3m | £2.8m | £3.2m | £1.2m |
| Profit before tax | £2.3m | £2.8m | £3.2m | £1.2m |
| Profit after tax | £2.2m | £2.6m | £2.6m | £1.2m |
| Profit (best available) | £2.2m | £2.6m | £2.6m | £1.2m |
| Staff costs | — | £3.4m | £4.6m | £4.8m |
| Employees (average) | 37 | 50 | 63 | 75 |
| Ratios | ||||
| Profit margin | 30.1% | 23.7% | 16.2% | 7.8% |
| Gross margin | 60% | 53.3% | 44.9% | 43.6% |
| Revenue per employee | £201k | £217k | £260k | £208k |
| Profit per employee | £60.5k | £51.4k | £42k | £16.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲45.7% | ▲50.7% | ▼4.5% |
| Profit growth | — | ▲14.8% | ▲3% | ▼54.1% |
| Headcount growth | — | ▲35.1% | ▲26% | ▲19.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.6m | £1.3m | £3.8m | £823k |
| Net assets | £5.6m | £7.7m | £10.4m | £6.2m |
| Fixed assets | £785k | £1.1m | £1.1m | £916k |
| Current assets | £6.7m | £9.5m | £14.8m | £8.1m |
| Debtors | £2.5m | £3.7m | £3.9m | £4.7m |
| Deferred income | £936k | £1.5m | £3.2m | £1.8m |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 7.8%
- Profit ÷ revenue.
- Gross margin
- 43.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £208k
- Revenue ÷ average employees.
- Profit per employee
- £16.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 11.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 30.1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼40%
- Now £6.2m
- Cash at bank
- ▼78%
- Now £823k
- Headcount
- ▲19%
- Now 75
- Deferred income
- ▼42%
- Now £1.8m
- Fixed assets
- ▼15%
- Now £916k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Kester Capital III GP LLPultimate parent75–100%
- Project Iridium Topco Limited75–100%
- Project Iridium Midco Limited75–100%
- Project Iridium Bidco Limited75–100%
- Boundary Visualisation Holdings Limited75–100%
- Boundary Visualisation Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £1.2m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.