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Company No. SC201642 · Incorporated 18 Nov 1999

North SV Limited

Registered name: NORTH SV LIMITED

Part of Livingbridge 7 Global LP group

North SV Limited made £9.5m revenue and £304k profit in the year to 29 Apr 2024.

North SV Limited’s revenue fell 28% to £9.5m in the year to 29 Apr 2024, with £304k profit. The company is classified under “dormant company” and is based in Aberdeen; we hold 3 years of its filed accounts.

Status
Liquidation
Location
Aberdeen
Age
26 yrs · since 1999
Type
Private Limited Company
Latest accounts · year to 29 Apr 2024

Key figures

Revenue
£9.5m
Growth ▼28.4%
Profit
£304k
Growth —
Profit margin
3.2%
Gross 24%
Employees
—
Change —
Profit / employee
—
 
Profitable streak
1yr
Consecutive profitable years in our data
3 filed years

Financial history

Multi-year financials, oldest to newest
Year to29 Apr 202229 Apr 202329 Apr 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£11.8m£13.3m£9.5m
Cost of sales−£9.6m−£11.4m−£7.2m
Gross profit£2.3m£1.9m£2.3m
Operating profit−£2.5m−£1.8m£483k
Profit before tax−£2.5m−£1.8m£479k
Profit after tax−£2.4m−£1.7m£304k
Profit (best available)−£2.4m−£1.7m£304k
Employees (average)7772—
Ratios
Profit margin−20.4%−13%3.2%
Gross margin19.3%14.1%24%
Revenue per employee£154k£185k—
Profit per employee−£31.3k−£23.9k—
Growth (year on year)
Revenue growth—▲12.4%▼28.4%
Headcount growth—▼6.5%—
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Apr 2024Accounts · bulk data Apr 2024Accounts · bulk data Jan 2025
Derived from the latest filing

How the business works

Profit margin
3.2%
Profit ÷ revenue.
Gross margin
24%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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 —
Cash at bank
—
Now —
Headcount
—
Now —
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Livingbridge 7 Global LPultimate parent75–100%
  2. Perth Topco Limited75–100%
  3. Perth Midco Limited75–100%
  4. Perth Holdco Limited75–100%
  5. Perth Bidco Limited75–100%
  6. North SP Group Limited75–100%
  7. North SP Limited75–100%
  8. North SV Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (4)

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

Sources

Latest figures from accounts for the year to 29 Apr 2024 (profit £304k), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.

Updated from Companies House on 19 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.