How much does Vic Young (South Shields) Limited make?

Vic Young (South Shields) Limited reported revenue of £19.8m and a loss of £193k in the year to 30 Nov 2024, according to its accounts filed at Companies House.

How many employees does Vic Young (South Shields) Limited have?

Vic Young (South Shields) Limited reported an average of 62 employees in the year to 30 Nov 2024.

Is Vic Young (South Shields) Limited profitable?

No — Vic Young (South Shields) Limited reported a loss of £193k in the year to 30 Nov 2024.

Company No. 02270866 · Incorporated 24 Jun 1988

Vic Young (South Shields) Limited

Registered name: VIC YOUNG (SOUTH SHIELDS) LIMITED

Vic Young (South Shields) Limited made £19.8m revenue and a £193k loss in the year to 30 Nov 2024. read from filing text

Vic Young (South Shields) Limited’s revenue fell 1% to £19.8m in the year to 30 Nov 2024, with a loss of £193k and 62 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Tyne & Wear; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45111Sale of new cars and light motor vehicles

Status: Active
Location: Tyne & Wear, North East
Age: 38 yrs · since 1988
Type: Private Limited Company

Latest accounts · year to 30 Nov 2024

Key figures

IndependentCash flow filed

Revenue

£19.8m

Growth ▼0.7%

Profit

−£193k

Growth ▼283.7%

Profit margin

−1%

Gross 14.5%

Employees

Change ▼6.1%

Profit / employee

−£3.1k

Revenue/employee £319k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2022	30 Nov 2023	30 Nov 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£21.5m	£19.9m	£19.8m
Cost of sales	£18.5m	£16.9m	£16.9m
Gross profit	£3.1m	£3m	£2.9m
Operating profit	£399k	£43.4k	−£297k
Profit before tax	£420k	£132k	−£263k
Profit after tax	£242k	£105k	−£193k
Profit (best available)	£242k	£105k	−£193k
Staff costs	£1.9m	£2m	£2.1m
Employees (average)	68	66	62
Ratios
Profit margin	1.1%	0.5%	−1%
Gross margin	14.2%	15%	14.5%
Revenue per employee	£317k	£301k	£319k
Profit per employee	£3.6k	£1.6k	−£3.1k
Cash conversion	−96.2%	−1659%	—
Growth (year on year)
Revenue growth	—	▼7.6%	▼0.7%
Profit growth	—	▼56.7%	▼283.7%
Headcount growth	—	▼2.9%	▼6.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£410k	£418k	£565k
Net assets	£8.5m	£8.4m	£8.1m
Fixed assets	£4.6m	£4.6m	£4.6m
Current assets	£6.6m	£7.2m	£5.4m
Debtors	£2.1m	£2.1m	£1.5m
Deferred income	£178k	£163k	£263k
Cash from operations	−£384k	−£720k	−£1m
Source	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: −1%; Profit ÷ revenue.
Gross margin: 14.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £319k; Revenue ÷ average employees.
Profit per employee: −£3.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 23.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.8%; 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: ▼4%; Now £8.1m
Cash at bank: ▲35%; Now £565k
Headcount: ▼6%; Now 62
Deferred income: ▲61%; Now £263k
Fixed assets: ▼0%; Now £4.6m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit −£193k), from the Companies House accounts bulk data published Nov 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.