CABVISION NETWORK LIMITED
Company number 07120589 · Monitor this company
Executive summary
Cabvision Network Limited has executed a notable financial turnaround since 2019, transitioning from negative net assets of over £2.6M to a positive position of £1.77M by November 2024, driven by sustained profitability and a recapitalisation event. The company occupies a defensible niche in London's black cab payment and taximeter market, benefiting from regulatory tailwinds around mandatory card payment acceptance, though its scale and market concentration leave it vulnerable to broader competitive pressures from ride-hailing platforms and larger payment processors. The improving retained earnings trajectory and healthy cash position suggest operational momentum, but the significant debtors balance and ongoing accumulated deficit require continued monitoring as the sector navigates technology disruption and driver economics headwinds.
Shareholders' funds
£2,700,001
Balance sheet as at 2025-11-30
What it does
The principal activity of the company in the year under review was that of supplying media and fixed credit card terminal payment systems to licenced taxi drivers.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2010-01-08
- Employees
- 17 (2025 accounts)
- Registered office
- Langley House, 53 Theobald Street, Borehamwood, England, WD6 4RT
- Postcode
- WD6 4RT
- Capital
- 2,700,001 GBP
- Accounts category
- Small
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-11-30
- Next due by
- 2027-08-29
- Financial year end
- 29 November
Confirmation statement
- Last statement dated
- 2026-06-22
- Next due by
- 2027-07-06
Nature of business (SIC)
- 49320 Taxi operation
- 52219 Other service activities incidental to land transportation, not elsewhere classified
Officers 1 current · 3 resigned
Group structure
Controlled by ONMEDIA GROUP LTD — since 2016-04-06
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — Z2409741 (Tier 2), registered since 2010.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- cabvision.com
- Phone
- 02076556970
Black Cab Payments, Taxi Rental and Taximeter Specialists.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 35 IVY HOUSE HIGH STREET, BUSHEY, HERTS, WD23 1BD, UNITED KINGDOM | 2012-01-24 |
| 72 WILTON ROAD, VICTORIA, LONDON, SW1V 1DE, UNITED KINGDOM | 2011-01-10 |
Among its peers
Top 5%
by shareholders' funds, of 117 similar companies in WD
Among the biggest employers among its local peers (17 staff).
Among the oldest 25% of its local peers, trading since 2010.
Competitors Watford
This company ranks 3 among taxi operation in Watford.
The class of 2010
23%
of the 751 companies in this sector incorporated in 2010 are still active today; 72% have since been dissolved.
A fact about the year, not a forecast for this company.