How much does John Veitch Limited make?

John Veitch Limited reported revenue of £8.8m and a loss of £132k in the year to 30 Apr 2025, according to its accounts filed at Companies House.

How many employees does John Veitch Limited have?

John Veitch Limited reported an average of 47 employees in the year to 30 Apr 2025.

Is John Veitch Limited profitable?

No — John Veitch Limited reported a loss of £132k in the year to 30 Apr 2025.

Company No. 02208536 · Incorporated 28 Dec 1987

John Veitch Limited

Registered name: JOHN VEITCH LIMITED

Part of Jvl Homewares group

John Veitch Limited made £8.8m revenue and a £132k loss in the year to 30 Apr 2025.

John Veitch Limited’s revenue fell 10% to £8.8m in the year to 30 Apr 2025, with a loss of £132k and 47 employees. The company is classified under “wholesale of household goods (other than musical instruments)” and is based in Halifax; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46499Wholesale of household goods (other than musical instruments) n.e.c.

Status: Active
Location: Halifax, Yorkshire and The Humber
Age: 38 yrs · since 1987
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “JVL Holdings Limited”

Latest accounts · year to 30 Apr 2025

Key figures

Capital-light

Revenue

£8.8m

Growth ▼9.9%

Profit

−£132k

Growth ▼141.5%

Profit margin

−1.5%

Gross 36.5%

Employees

Change 0%

Profit / employee

−£2.8k

Revenue/employee £187k

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023	30 Apr 2024	30 Apr 2025
Disclosure	Full P&Lread from filing text	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.4m	£10.4m	£9.8m	£8.8m
Cost of sales	£8.6m	£7m	£6m	£5.6m
Gross profit	£3.9m	£3.4m	£3.8m	£3.2m
Operating profit	£760k	£408k	£661k	£137k
Profit before tax	£572k	£262k	£393k	−£106k
Profit after tax	£464k	£226k	£318k	−£132k
Profit (best available)	£464k	£226k	£318k	−£132k
Staff costs	£1.5m	£1.4m	£1.4m	£1.4m
Employees (average)	52	48	47	47
Ratios
Profit margin	3.7%	2.2%	3.3%	−1.5%
Gross margin	31.1%	33.1%	38.5%	36.5%
Revenue per employee	£239k	£217k	£208k	£187k
Profit per employee	£8.9k	£4.7k	£6.8k	−£2.8k
Growth (year on year)
Revenue growth	—	▼16.3%	▼6.1%	▼9.9%
Profit growth	—	▼51.1%	▲40.2%	▼141.5%
Headcount growth	—	▼7.7%	▼2.1%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£246k	£0	£21.7k	£528k
Net assets	£1.1m	£1m	£1.1m	£783k
Fixed assets	£209k	£184k	£259k	£301k
Current assets	£8.4m	£6.2m	£6.2m	£6.3m
Debtors	£3.2m	£2.4m	£2.3m	£2.4m
Deferred income	£121k	£49.3k	£82.3k	£47.9k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	Accounts · bulk data Dec 2024	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: −1.5%; Profit ÷ revenue.
Gross margin: 36.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £187k; Revenue ÷ average employees.
Profit per employee: −£2.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 27.3%; 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: ▼31%; Now £783k
Cash at bank: ▲2336%; Now £528k
Headcount: 0%; Now 47
Deferred income: ▼42%; Now £47.9k
Fixed assets: ▲16%; Now £301k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Jvl Homewares (registered outside the UK register)ultimate parent75–100%
JVL Holdings Limited75–100%
John Veitch Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£132k), from the Companies House accounts bulk data published Jan 2026. 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.