Victoria Link Limited — Education Charity in Wellington
Victoria Link Limited is a Company charity in the Education sector, based in Wellington, Wellington. Annual revenue: $10.1M NZD. Financial data as at December 2025.
Mission: Victoria Link Limited's core purpose is research translation and knowledge transfer to achieve maximum impact in the context of Victoria University of Wellington's role as a global civic University.
- Registration Number
- CC24697
- Charity Type
- Company
- Registration Date
- 2008-05-21
- Status
- Active
- Sector
- Education
- Location
- Wellington, Wellington
- accounts@wellingtonuniventures.nz
- Data as at
- December 2025
Beneficiaries: General public
Financial Summary
- Total Revenue
- $10.1M NZD
- Total Expenses
- $6.7M NZD
- Total Assets
- $9.3M NZD
- Net Assets
- $5.1M NZD
- Reserve Months
- 0.0 months of operating expenses
- Staff Count
- 11
- Financial Year End
- 2025-12-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 | $10.1M | $6.7M | $5.1M |
| 2024 | $9.7M | $10.8M | $-1.7M |
| 2023 | $9.3M | $0.0M | $-1.0M |
| 2022 | $10.0M | $0.3M | $-3.7M |
| 2021 | $7.9M | $0.1M | $-2.0M |
| 2020 | $14.9M | $0.7M | $-0.5M |
| 2019 | $19.6M | $0.2M | $-2.8M |
| 2018 | $18.9M | $19.4M | $-3.7M |
| 2017 | $18.3M | $18.1M | $-2.7M |
| 2016 | $14.8M | $0.2M | $-1.9M |
Board Members and Officers
Current Officers (3)
| Name | Role | Appointed |
|---|---|---|
| Rachel Bruce | Director | 2025-12-01 |
| Professor Bryony James | Director | 2024-01-01 |
| Mark Loveard | Director | 2015-12-07 |
Former Officers (15)
- Ngaio Merrick — Director (departed 2023-05-01)
- Ehsan Mesbahi — Trustee (departed 2023-06-30)
- Ian Williamson — Director (departed 2020-09-08)
- Professor Margaret Hyland — Director (departed 2025-12-31)
- David Smol — Chair (departed 2024-07-01)
- Andrew Simpson — Director (departed 2015-06-19)
- Frazer Allan — Director (departed 2017-11-03)
- Kate McGrath — Director (departed 2018-04-24)
- Mike Wilson — Director (departed 2019-02-08)
- John Selby — Director (departed 2023-06-30)
- Dugald Scott — Director (departed 2021-09-16)
- Gowan Pickering — Director (departed 2017-11-03)
- Neil Quigley — Director (departed 2015-01-23)
- Geoffery Todd — Director (departed 2019-03-05)
- David Bibby — Director (departed 2013-07-19)
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Key Management Personnel (aggregate) | Key Management Personnel | $618,307 | - |
| Key Management Personnel (aggregate) | Key Management Personnel | $618,307 | 2024 |
| M Loveard | Director | $21,667 | 2024 |
| Mark Loveard | Director (Board Chair) | $21,667 | 2024 |
| M Loveard | Director | $21,667 | - |
| D Smol | Director | $15,000 | - |
| David Smol | Director (Chair until resignation) | $15,000 | 2024 |
| D Smol | Director | $15,000 | 2024 |
| B James | Director | $0 | 2024 |
| M Hyland | Director | $0 | 2024 |
| B James | Director | $0 | - |
| M Hyland | Director | $0 | - |
| Margaret Hyland | Director | - | 2023 |
| Mark Loveard | Director | - | 2023 |
| Anne Barnett | CEO | - | 2023 |
| Margaret Hyland | Director | - | 2024 |
| Bryony James | Director | - | 2024 |
| Pierre Malou | CEO | - | 2023 |
| David Smol | Chair | - | 2023 |
Major Funders and Contracts (FY2024)
As disclosed in Victoria Link Limited's annual report.
- Zespri — Research contract
- New Zealand Health Ventures — Research contract
- Ministry of Health — Research contract
- IHP Therapeutics — Research contract
- GroBiosciences — Research contract
- BDG Synthesis — Research contract
Service Providers
- EY
- ANZ Bank
- Buddle Findlay
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Victoria Link Limited
Financial data as at December 2025. Sourced from Charities Services register.
This entity is registered as a charity but functions as a property, trading, or investment vehicle held by a service-delivering parent (a church, school, hospital, professional association, or similar). Its purpose is to hold or trade assets on the parent's behalf — not to deliver programs to public beneficiaries on its own books. The standard charity rating template (program-vs-administration split, reserve-months, fundraising efficiency) doesn't apply at the subsidiary level — those signals are meaningful at the parent level. A letter grade is withheld here rather than producing a misleading F driven by template-fit. Look up the parent charity by name for its rating.
How ratings work →Reasons to look carefully (1)
These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.
- No chair recorded on the registerNo chair or presiding role is recorded in the register for this board of 3. The Charities Register does not require one to be identified, so this is a gap in the public record rather than a finding about the board.
Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.
$10.1M
$6.7M
$9.3M
11
Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.
Subsidiary
Special Entity TypeThis organization is a subsidiary or branch of a parent charity.
About
Victoria Link Limited's core purpose is research translation and knowledge transfer to achieve maximum impact in the context of Victoria University of Wellington's role as a global civic University.
Who We Serve
Key Statistics
Financial Trends
Financial Trends (18 Years)
Revenue Breakdown
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
Financial Health Dashboard
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 16 peers · Education · $10M – $50M
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
Rating History
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Sector & Activities
Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 1 October 2026.
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