Vsa Capital Limited
Registered name: VSA CAPITAL LIMITED
Part of Vsa Capital Group PLC groupVsa Capital Limited made £2.4m revenue and a £326k loss in the year to 31 Mar 2026. read from filing text
Vsa Capital Limited’s revenue fell 13% to £2.4m in the year to 31 Mar 2026, with a loss of £326k and 15 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 37 yrs · since 1989
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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: “The”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £4.4m | £1.9m | £2.8m | £2.4m |
| Cost of sales | £166k | £180k | £145k | £93k |
| Gross profit | £4.2m | £1.7m | £2.6m | £2.3m |
| Operating profit | £1.5m | −£699k | £398k | −£370k |
| Profit before tax | £616k | −£2.4m | £358k | −£326k |
| Profit (best available) | £616k | −£2.4m | £358k | −£326k |
| Staff costs | £2m | £1.7m | £1.5m | £1.5m |
| Employees (average) | 21 | 19 | 17 | 15 |
| Ratios | ||||
| Profit margin | 14.1% | −125.1% | 12.9% | −13.5% |
| Gross margin | 96.2% | 90.5% | 94.8% | 96.2% |
| Revenue per employee | £208k | £99.3k | £164k | £161k |
| Profit per employee | £29.4k | −£124k | £21.1k | −£21.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼56.7% | ▲47.4% | ▼13% |
| Profit growth | — | ▼483.1% | — | ▼191% |
| Headcount growth | — | ▼9.5% | ▼10.5% | ▼11.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1m | £205k | £112k | £243k |
| Net assets | £3.1m | £751k | £1m | £668k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −13.5%
- Profit ÷ revenue.
- Gross margin
- 96.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £161k
- Revenue ÷ average employees.
- Profit per employee
- −£21.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- ▼34%
- Now £668k
- Cash at bank
- ▲117%
- Now £243k
- Headcount
- ▼12%
- Now 15
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Vsa Capital Group PLCultimate parent75–100%
- Vsa Capital Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Shanghai Mining Club LimitedFigures not disclosed
Sister companies (1)
- Pure Reports LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit −£326k), from the Companies House accounts bulk data published Jul 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.