NDE SOLUTIONS LIMITED
Get an alert when NDE SOLUTIONS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£480k
+129.8% vs 2024
Net assets
£3.1m
+452.2% highest in 3 filed years
Employees
89
-10.1% lowest in 3 filed years
Profit before tax
-£3.3m
-420.1% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £13,556,131 | £10,741,621 | £9,678,429 | -9.9% | |
| Operating profit | £1,941,664 | £1,026,833 | -£3,071,300 | -399.1% | |
| Profit before tax | £1,941,664 | £1,026,833 | -£3,286,916 | -420.1% | |
| Net profit | £1,457,722 | £1,163,495 | -£2,467,601 | -312.1% | |
| Cash | £706,322 | £208,802 | £479,904 | +129.8% | |
| Total assets less current liabilities | £802,212 | £998,164 | £3,148,769 | +215.5% | |
| Net assets | £506,712 | £570,207 | £3,148,769 | +452.2% | |
| Equity | £506,712 | £570,207 | £3,148,769 | +452.2% | |
| Average employees | 115 | 99 | 89 | -10.1% | |
| Wages | £3,224,088 | £2,840,418 | £2,627,455 | -7.5% | |
| Directors' remuneration | — | £96,065 | £98,770 | +2.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Operating margin | 14.3% | 9.6% | -31.7% | |
| Net margin | 10.8% | 10.8% | -25.5% | |
| Return on capital employed | 242.0% | 102.9% | -97.5% | |
| Gearing (liabilities / total assets) | 93.3% | 94.4% | 63.1% | |
| Current ratio | 0.93x | 0.79x | 1.17x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- NDE SOLUTIONS LIMITED 2025-09-30 → present
- NORTH DEVON ELECTRONICS LIMITED 1973-04-18 → 2025-09-30
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Dixon Wilson Audit Services LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which is dependant upon the continued support of the Company's ultimate parent, Goonvean Holdings Limited.”
Group structure
- NDE SOLUTIONS LIMITED · parent
- JASS South West Limited 100%
Significant events
- “On 26 September 2025, the Company officially changed its name from North Devon Electronics Limited to NDE Solutions Limited”
- “On 30 September 2025, JASS South West Limited disposed of its subsidiary, Goonvean Electronics Limited (formerly Jades Components Limited), through the sale of 100% of its issued share capital to Goonvean Group Limited for total consideration of £925,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ASHBY, Zoe Ann | Director | 2025-09-10 | Apr 1979 | British |
| GAZZARD, Matthew | Director | 2022-08-01 | Aug 1971 | British |
| SPELMAN, Sean Martin | Director | 2024-06-01 | Nov 1970 | Irish |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAWTHORNE, Eric Gordon | Secretary | — | 2014-11-07 |
| ANGILLEY, Jonathan Neil | Director | 2014-11-07 | 2022-08-01 |
| CAWTHORNE, Eric Gordon | Director | — | 2014-11-07 |
| CAWTHORNE, Maurice Douglas | Director | — | 2014-11-07 |
| CAWTHORNE, Raymond Richard | Director | — | 2011-07-23 |
| ELLISON, Simon James | Director | 2022-10-31 | 2025-02-14 |
| GORDON, Ralph Eric | Director | — | 2014-11-07 |
| HAYWARD, Michael John | Director | 2023-10-01 | 2025-09-10 |
| HEATH, Nathan Edward Stuart | Director | 2025-09-29 | 2026-07-14 |
| MCGOWAN, Andrew | Director | 2014-11-07 | 2015-12-31 |
| MORRIS, Lucy Rachel | Director | 2022-01-01 | 2023-08-14 |
| OPIE, John Gordon | Director | 2015-02-24 | 2021-12-31 |
| PUGSLEY, Donald John Davey | Director | — | 2008-04-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Goonvean Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-01-25 | Active |
| Goonvean Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence (as firm) | 2016-04-06 | Ceased 2024-01-25 |
Filing timeline
Last 20 of 129 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-30 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type full | |
| 2026-09-22 | CH01 | officers | Change person director company with change date | |
| 2026-07-23 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-30 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-09-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-17 | AA | accounts | Accounts with accounts type full | |
| 2025-02-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-09 | CH01 | officers | Change person director company with change date | |
| 2024-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-22 | AA | accounts | Accounts with accounts type small | |
| 2024-02-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-02-08 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-01-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-30 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.