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Company No. 09162973 · Incorporated 5 Aug 2014

Boundary Visualisation Limited

Registered name: BOUNDARY VISUALISATION LIMITED

Part of Kester Capital III GP LLP group

Boundary 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.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71111Architectural activities
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”

Latest accounts · year to 31 Aug 2025

Key figures

Capital-light
Revenue
£15.6m
Growth ▼4.5%
Profit
£1.2m
Growth ▼54.1%
Profit margin
7.8%
Gross 43.6%
Employees
75
Change ▲19.1%
Profit / employee
£16.2k
Revenue/employee £208k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Aug 202231 Aug 202331 Aug 202431 Aug 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull 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)37506375
Ratios
Profit margin30.1%23.7%16.2%7.8%
Gross margin60%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
SourceFullAccounts · bulk data May 2024FullAccounts · bulk data May 2024FullAccounts · bulk data May 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

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.
Indirect — not revenue

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.

Corporate ownership

Group structure

Ownership chain

  1. Kester Capital III GP LLPultimate parent75–100%
  2. Project Iridium Topco Limited75–100%
  3. Project Iridium Midco Limited75–100%
  4. Project Iridium Bidco Limited75–100%
  5. Boundary Visualisation Holdings Limited75–100%
  6. 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).

Same industry, similar size

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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.