How much does Votec Limited make?

Votec Limited reported revenue of £220k and £28.2k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Votec Limited have?

Votec Limited reported an average of 5 employees in the year to 31 Dec 2023.

Is Votec Limited profitable?

Yes — Votec Limited reported a profit of £28.2k in the year to 31 Dec 2023.

Company No. 01173146

Votec LimitedDissolved

Registered name: VOTEC LIMITED

Votec Limited made £220k revenue and £28.2k profit in the year to 31 Dec 2023.

Votec Limited’s revenue fell 21% to £220k in the year to 31 Dec 2023, with £28.2k profit and 5 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Dec 2023

Key figures

IndependentSmall teamCapital-light

Revenue

£220k

Growth ▼21.4%

Profit

£28.2k

Growth —

Profit margin

12.8%

Gross −8%

Employees

Change ▼16.7%

Profit / employee

£5.6k

Revenue/employee £44.1k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£280k	£220k
Cost of sales	£329k	£238k
Gross profit	−£48.4k	−£17.7k
Operating profit	−£118k	£28.7k
Profit before tax	−£119k	£28.2k
Profit after tax	−£119k	£28.2k
Profit (best available)	−£119k	£28.2k
Employees (average)	6	5
Ratios
Profit margin	−42.4%	12.8%
Gross margin	−17.2%	−8%
Revenue per employee	£46.7k	£44.1k
Profit per employee	−£19.8k	£5.6k
Growth (year on year)
Revenue growth	—	▼21.4%
Headcount growth	—	▼16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	—	£0
Net assets	£99	£99
Fixed assets	—	£0
Current assets	—	£0
Debtors	—	£0
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: 12.8%; Profit ÷ revenue.
Gross margin: −8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £44.1k; Revenue ÷ average employees.
Profit per employee: £5.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: 0%; Now £99
Cash at bank: —; Now £0
Headcount: ▼17%; Now 5
Deferred income: —; Now —
Fixed assets: —; Now £0

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £28.2k), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.