Nominet is officially a non-profit company. The problem is that (like many non-profits) it's being run by people who see the world the way for-profit companies

Nominet is officially a non-profit company. The problem is that (like many non-profits) it's being run by people who see the world the way for-profit companies do, and think that it's their job to maximise their surplus rather than act as stewards of the .uk namespace. So you see the chairman's statement in the annual report saying « In addition to pursuing organic growth, we have a prudent approach to possible acquisitions and investments that will accelerate our strategy and lay the foundations for future growth. » even though there's nothing in the company's official objectives that says growth is an aim.