VIX AFC LIMITED
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Cash
£751k
USD 1,010,000
-67.3% lowest in 3 filed years
Net assets
£19m
USD 25,862,000
-21.4% lowest in 3 filed years
Employees
294
-14% lowest in 3 filed years
Profit before tax
-£5.9m
USD -7,926,000
+18.2% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2023-06-30 | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £61,982,163 | £62,103,307 | £60,547,009 | -2.5% | |
| Operating profit | -£5,899,666 | -£6,833,891 | -£5,586,771 | +18.2% | |
| Profit before tax | -£6,219,993 | -£7,199,554 | -£5,890,747 | +18.2% | |
| Net profit | — | -£7,331,847 | -£4,633,965 | +36.8% | |
| Cash | £2,916,388 | £2,292,828 | £750,650 | -67.3% | |
| Total assets less current liabilities | £31,511,706 | £27,384,615 | £21,709,402 | -20.7% | |
| Net assets | £28,463,025 | £24,468,227 | £19,221,107 | -21.4% | |
| Equity | £28,463,025 | £24,468,227 | £19,221,107 | -21.4% | |
| Average employees | 372 | 342 | 294 | -14% | |
| Wages | £25,212,932 | £22,486,065 | £19,007,804 | -15.5% | |
| Directors' remuneration | £1,019,695 | £1,425,492 | £523,226 | -63.3% |
Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 2023-06-30 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|
| Operating margin | -9.5% | -11.0% | -9.2% | |
| Net margin | — | -11.8% | -7.7% | |
| Return on capital employed | -18.7% | -25.0% | -25.7% | |
| Gearing (liabilities / total assets) | 52.3% | 52.0% | 64.5% | |
| Current ratio | 1.22x | 1.03x | 0.89x | |
| Interest cover | -18.42x | -18.69x | -18.38x |
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 6 times since incorporation
- VIX AFC LIMITED 2015-11-11 → present
- VIX TECHNOLOGY (UK) LIMITED 2010-11-01 → 2015-11-11
- ERG TRANSIT SYSTEMS (UK) LTD 1999-05-27 → 2010-11-01
- AES PRODATA (UK) LIMITED 1994-09-01 → 1999-05-27
- ERG ELECTRONICS (U.K.) LIMITED 1993-11-29 → 1994-09-01
- AES SCANPOINT (UK) LIMITED 1992-07-13 → 1993-11-29
- SCANPOINT TECHNOLOGY LIMITED 1991-09-26 → 1992-07-13
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- UHY Hacker Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Accordingly, the Directors believe that the Group has adequate resources to continue in operational existence for the foreseeable future. The financial statements have therefore been prepared on a going concern basis, and the Directors are confident that the Group will be able to continue trading for at least twelve months from the date of approval of the financial statements.”
Group structure
- VIX AFC LIMITED · parent
- Vix Technology (Scandinavia) AB 100%
- Vix Technology (Belgium) NV 100%
- Vix Tech (France) SA 100%
- Vix Technology UK Ltd 100%
- MyBus Germany 100%
- MyBus Iberia S.L 100%
- Vix AFC (Sing) Pte Ltd 100%
- Vix Mobility Pty Ltd 100%
- Vix Transportation Systems Pty Ltd 100%
- Vix Technology (Aust) Pty Ltd 100%
- Vix Holdings Pty Ltd 100%
- Vix Engineering Pty Ltd 100%
- Vix IP Pty Ltd 100%
- Vix Technology (USA) Ltd 100%
- Vix Technology (East Asia) Ltd 100%
- Vix Technology (Bangkok) Co., Ltd 100%
- Bangkok Payment Solutions Company Limited 30%
- Vix Technology (Malaysia) Sdn Bhd 100%
Significant events
- “Subsequent to the year end, the Group relocated its UK and global headquarters to Manchester as part of its strategy to establish centres of excellence with enhanced engineering capability, supporting collaboration, innovation and delivery efficiency.”
- “Vix AFC (Sing) Pte Ltd was deregistered during the FY26.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 45 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SINGH, Harjinder | Secretary | 2023-07-31 | — | — |
| GALLAGHER, Steven Bruce | Director | 2021-04-21 | Jun 1964 | Australian |
| HOPE, David | Director | 2026-03-01 | Feb 1976 | British |
| ROSS, Aaron | Director | 2024-02-07 | Feb 1980 | British |
| SAVILLE, Duncan Paul | Director | 2021-04-21 | Jan 1957 | Australian,British |
| SAVILLE, Stephanie Carmelita | Director | 2024-03-22 | Nov 1990 | British |
Show 45 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARLOW, John | Secretary | 1993-03-02 | 1995-07-12 |
| BRACEGIRDLE, Stephen James | Secretary | 1995-07-12 | 1998-04-16 |
| COULTHARD, Simon David | Secretary | 2014-03-12 | 2019-11-08 |
| DAVEY, Simon Nicholas | Secretary | 2009-12-03 | 2014-03-12 |
| GRALEY, Michael Edward | Secretary | 1991-09-26 | 1993-02-02 |
| HIGGS, Martyn John | Secretary | 1998-04-13 | 2001-03-09 |
| JENKINS, Martyn James | Secretary | 2021-08-04 | 2023-07-31 |
| PROTHERO, Jeremy | Secretary | 2001-03-09 | 2007-08-24 |
| RICHARDSON-CLARK, Ruth Maree | Secretary | 2007-08-24 | 2009-03-06 |
| SMITH, Glen Andrew | Secretary | 2009-03-06 | 2009-12-03 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 1991-09-26 | 1991-09-26 |
| ALLEN, Ian Douglas | Director | 2001-03-09 | 2001-08-31 |
| ANDERSON, Ole Steen | Director | 1993-03-02 | 1993-10-08 |
| BARGMANN, William John | Director | 2005-11-01 | 2006-03-31 |
| BARRETT-LENNARD, Clare Lois | Director | 2001-08-31 | 2005-11-01 |
| BATEMAN, Timothy Patrick | Director | 2015-07-29 | 2016-04-29 |
| BEETON, Matthew Henry | Director | 2013-08-13 | 2015-07-29 |
| BETHELL, Paul Jonathan | Director | 2021-04-21 | 2023-07-31 |
| BRACEGIRDLE, Stephen James | Director | 1995-03-13 | 1998-04-16 |
| CARROLL, James Frederic | Director | 2007-06-29 | 2010-11-26 |
| COLE, Graham Nigel | Director | 2012-01-01 | 2013-08-13 |
| CONSTABLE, Gary | Director | 2001-09-26 | 2002-05-27 |
| DANS, David James | Director | 2003-12-10 | 2004-08-25 |
| DINNISON, Mark Hayden | Director | 2016-04-27 | 2017-06-22 |
| FOGARTY, Peter John | Director | 1992-08-12 | 2004-01-06 |
| GALLAGHER, Steven Bruce | Director | 2007-06-29 | 2016-04-29 |
| HARLEY, Peter Campbell | Director | 1992-08-12 | 1994-03-15 |
| HIGGS, Martyn John | Director | 1998-04-13 | 2001-09-28 |
| HOWSON, Richard Donald | Director | 1994-03-15 | 1998-06-30 |
| JENKINS, Martyn James | Director | 2019-10-16 | 2021-04-21 |
| JILLINGS, Charles David Owen | Director | 2021-04-21 | 2021-12-03 |
| KELLY, Adrian Paul | Director | 2017-06-22 | 2021-04-21 |
| MAITLAND, David Russell | Director | 2021-12-03 | 2024-03-14 |
| O'CONNOR, John Maxwell | Director | 2010-11-26 | 2013-06-28 |
| ODENTHAL, Petrus Aloysius | Director | 2006-11-21 | 2007-06-29 |
| PETERSEN, Erik Kaas | Director | 1992-08-12 | 1993-03-02 |
| PROTHERO, Jeremy | Director | 2004-10-05 | 2007-08-24 |
| QUINN, Shane Peter | Director | 2017-06-22 | 2021-04-21 |
| ROSS, Aaron | Director | 2016-04-27 | 2020-07-03 |
| SOLLING, Morten | Director | 1991-09-26 | 1993-10-08 |
| STOCKER, Edward John | Director | 1991-09-26 | 1995-06-01 |
| SULLIVAN, Allan Clive, Dr | Director | 2004-10-05 | 2007-06-29 |
| WORNER, Grant Andrew | Director | 2017-06-22 | 2019-10-16 |
| ERG TRANSIT SYSTEMS NV | Corporate Director | 1998-06-30 | 2001-03-09 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 1991-09-26 | 1991-09-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Icm Mobility Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-04-30 | Active |
| Uil Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2021-04-30 |
| Vix Limited | Corporate entity | Shares 50–75% | 2016-04-06 | Ceased 2021-04-30 |
Filing timeline
Last 20 of 248 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-11 | AA | accounts | Accounts with accounts type group | |
| 2026-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-23 | AA | accounts | Accounts with accounts type full | |
| 2025-06-19 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-06-12 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-06-09 | SH01 | capital | Capital allotment shares | |
| 2025-03-04 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-03 | CS01 | confirmation-statement | Confirmation statement | |
| 2025-01-30 | CH01 | officers | Change person director company with change date | |
| 2025-01-30 | CH01 | officers | Change person director company with change date | |
| 2024-10-16 | AD03 | address | Move registers to sail company with new address | |
| 2024-10-16 | AD02 | address | Change sail address company with new address | |
| 2024-08-14 | AA | accounts | Accounts with accounts type full | |
| 2024-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-05 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 0
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.