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Company No. NI657758 · Incorporated 13 Dec 2018

Viatel Technology UK Ltd

Registered name: VIATEL TECHNOLOGY UK LTD

Viatel Technology UK Ltd made £1.3m revenue and £14 profit in the year to 31 Dec 2024.

Viatel Technology UK Ltd’s revenue fell 20% to £1.3m in the year to 31 Dec 2024, with £14 profit and 4 employees. The company is classified under “business and domestic software development” and is based in Belfast; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software developmentSIC 62020Information technology consultancy activitiesSIC 62090Other information technology service activities
Status
Active
Location
Belfast, Northern Ireland
Age
7 yrs · since 2018
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall teamCapital-light
Revenue
£1.3m
Growth ▼19.6%
Profit
£14
Growth —
Profit margin
0%
Gross 20.4%
Employees
4
Change ▼20%
Profit / employee
£4
Revenue/employee £321k
Profitable streak
1yr
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£1.3m£1.6m£1.3m
Cost of sales£988k£1.2m£1m
Gross profit£319k£358k£262k
Operating profit−£5.7k−£45.8k£2k
Profit before tax−£5.7k−£45.8k£1.1k
Profit after tax−£19k−£60.6k£14
Profit (best available)−£19k−£60.6k£14
Employees (average)554
Ratios
Profit margin−1.5%−3.8%0%
Gross margin24.4%22.4%20.4%
Revenue per employee£261k£319k£321k
Profit per employee−£3.8k−£12.1k£4
Growth (year on year)
Revenue growth——▼19.6%
Headcount growth——▼20%
Balance sheet — indirect signals, not revenue
Cash at bank£159k£211k£205k
Net assets−£73.8k−£134k−£134k
Fixed assets£113k£4.1k£1.8k
Current assets£453k£463k£386k
Debtors£244k£171k£82.7k
Deferred income£91.1k£113k£55.2k
SourceFullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2025FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
0%
Profit ÷ revenue.
Gross margin
20.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£321k
Revenue ÷ average employees.
Profit per employee
£4
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
4.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.5%
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
—
Now −£134k
Cash at bank
▼3%
Now £205k
Headcount
▼20%
Now 4
Deferred income
▼51%
Now £55.2k
Fixed assets
▼57%
Now £1.8k

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

Minority corporate shareholders

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £14), from the Companies House accounts bulk data published Oct 2025. 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.