North SV Limited
Registered name: NORTH SV LIMITED
Part of Livingbridge 7 Global LP groupNorth 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
Key figures
Financial history
| Year to | 29 Apr 2022 | 29 Apr 2023 | 29 Apr 2024 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| 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) | 77 | 72 | — |
| Ratios | |||
| Profit margin | −20.4% | −13% | 3.2% |
| Gross margin | 19.3% | 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 | — | — | — |
| Source | Accounts · bulk data Apr 2024 | Accounts · bulk data Apr 2024 | Accounts · bulk data Jan 2025 |
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.
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 —
Group structure
Ownership chain
- Livingbridge 7 Global LPultimate parent75–100%
- Perth Topco Limited75–100%
- Perth Midco Limited75–100%
- Perth Holdco Limited75–100%
- Perth Bidco Limited75–100%
- North SP Group Limited75–100%
- North SP Limited75–100%
- North SV Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- North Avs LimitedLiquidationFigures not disclosed
- North PB Group LimitedLiquidationFigures not disclosed
- North PRT Group LimitedLiquidationFigures not disclosed
- North VS LimitedLiquidationFigures not disclosed
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