LAND NAVIGATION SYSTEMS LIMITED
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Cash
£3.5M
+21.3% vs 2024
Net assets
£5.9M
+3.1% vs 2024
Employees
74
+2.8% vs 2024
Profit before tax
£410K
-17.4% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £18,212,004 | £17,374,294 | -4.6% | |
| Operating profit | £606,055 | £479,475 | -20.9% | |
| Profit before tax | £495,728 | £409,630 | -17.4% | |
| Net profit | £564,126 | £275,401 | -51.2% | |
| Cash | £2,896,959 | £3,513,708 | +21.3% | |
| Total assets less current liabilities | £9,784,994 | £9,289,871 | -5.1% | |
| Net assets | £5,726,347 | £5,901,748 | +3.1% | |
| Equity | £5,726,347 | £5,901,748 | +3.1% | |
| Average employees | 72 | 74 | +2.8% | |
| Wages | £5,658,456 | £5,900,870 | +4.3% | |
| Directors' remuneration | £1,437,945 | £1,580,141 | +9.9% |
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 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | 3.3% | 2.8% | |
| Net margin | 3.1% | 1.6% | |
| Return on capital employed | 6.2% | 5.2% | |
| Current ratio | 2.33x | 2.63x | |
| Interest cover | 4.48x | 4.40x |
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
- LAND NAVIGATION SYSTEMS LIMITED 1994-09-05 → present
- K & S (219) LIMITED 1994-03-21 → 1994-09-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At 30 June 2025 the Group had cash at bank of £3,513,708 with future trade expected to be cash generative. The directors consider this to be sufficient to fund the Group's expected working capital requirements, longer term capital commitments and allow for a level of headroom in the event that sales growth does not materialise as expected. As a consequence of the factors outlined above, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future and therefore adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- LAND NAVIGATION SYSTEMS LIMITED · parent
- Terrafix Limited 100%
Significant events
- “The Group's turnover was £17,374,294 (2024: £18,212,004), mostly due to the lower invoicing to the Department of Health following the completion of the hardware rollout to the whole of the UK firont line Ambulances.”
- “Administrative expenses in the year have increased by £430,723 primarily as a result of administration salaries in the year increasing from £2,336,424 to £2,616,024.”
- “The development spend in the year was £333,640 (2024: £374,712), which demonstrates the directors' determination to ensure that products continue to be at the forefront of technology.”
- “Total Net Assets increased from £5,813,313 to £5,901,748 as the Group continued to trade profitably.”
- “During the year, the Group paid interim dividends on the ordinary shares amounting to £100,000 (2024: £nil). The directors do not recommend a final dividend (2024: £nil).”
- “By the first quarter of 2026, Terrafix will launch the automotive-specific Bootbox system TV(BB).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ADAMS, David | Secretary | 1995-05-24 | — | British |
| ADAMS, David | Director | 2009-06-29 | Sep 1965 | British |
| GREEN, Christopher | Director | 2009-08-19 | May 1969 | British |
| ROSSON, Carol | Director | 2009-08-19 | Jan 1975 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| OWEN, Helen | Secretary | 1994-08-25 | 1995-05-24 |
| K & S SECRETARIES LIMITED | Corporate Nominee Secretary | 1994-03-21 | 1994-08-25 |
| CROWTHER GREEN, Andrew | Director | 2016-01-26 | 2021-10-28 |
| MASON, Robert John, Dr | Director | 1994-08-25 | 2019-01-07 |
| MOORS, Michael Eric | Director | 1994-12-21 | 2009-06-25 |
| MOORS, Michael Eric | Director | 1994-10-21 | 1994-11-08 |
| ROSSON, John | Director | 1994-08-25 | 2019-04-26 |
| SMITH, Clifford | Director | 2012-05-28 | 2019-04-30 |
| THEAKER, Colin, Professor | Director | 2012-05-28 | 2016-09-30 |
| K & S DIRECTORS LIMITED | Corporate Nominee Director | 1994-03-21 | 1994-08-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Trustees Of John Rosson's Estate | Corporate entity | Shares 50–75% (as trust), Voting 50–75% (as trust), Appoints directors (as trust), Significant influence (as trust) | 2020-10-15 | Active |
| Mr John Bladon Rosson | Individual | Shares 50–75% | 2016-04-06 | Ceased 2020-10-15 |
| Dr Robert John Mason | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 126 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-03 | AA | accounts | Accounts with accounts type group | |
| 2025-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-11 | AA | accounts | Accounts with accounts type group | |
| 2024-11-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-08 | AA | accounts | Accounts with accounts type group | |
| 2023-11-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-11 | AA | accounts | Accounts with accounts type group | |
| 2022-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-06 | AA | accounts | Accounts with accounts type group | |
| 2021-12-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-29 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-03 | AA | accounts | Accounts with accounts type group | |
| 2020-11-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-11-18 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-11-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-07-01 | AA | accounts | Accounts with accounts type group | |
| 2020-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-05-03 | TM01 | officers | Termination director company with name termination date | |
| 2019-05-03 | TM01 | officers | Termination director company with name termination date | |
| 2019-04-01 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- 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.