Skip to content
CompanySight
Company No. 02411915 · Incorporated 8 Aug 1989

V & L (Residents) Management Limited

Registered name: V & L (RESIDENTS) MANAGEMENT LIMITED

V & L (Residents) Management Limited made £49.5k revenue and £14.4k profit in the year to 30 Dec 2024.

V & L (Residents) Management Limited’s revenue grew 12% to £49.5k in the year to 30 Dec 2024, with £14.4k profit and 4 employees. The company is classified under “residents property management” and is based in Plymouth; we hold 4 years of its filed accounts.

Full P&L filedSection T · Households as employersSIC 98000Residents property management
Status
Active
Location
Plymouth, South West
Age
37 yrs · since 1989
Type
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

Latest accounts · year to 30 Dec 2024

Key figures

IndependentSmall teamCapital-light
Revenue
£49.5k
Growth ▲11.7%
Profit
£14.4k
Growth —
Profit margin
29%
Gross 100%
Employees
4
Change 0%
Profit / employee
£3.6k
Revenue/employee £12.4k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Dec 202130 Dec 202230 Dec 202330 Dec 2024
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£40.7k£40.7k£44.4k£49.5k
Gross profit£40.7k£40.7k£44.4k£49.5k
Operating profit−£37.5k−£10k−£17.5k£14.4k
Profit before tax−£37.4k−£9.9k−£17.4k£14.4k
Profit after tax−£37.4k−£9.9k−£17.4k£14.4k
Profit (best available)−£37.4k−£9.9k−£17.4k£14.4k
Employees (average)3344
Ratios
Profit margin−92%−24.4%−39.2%29%
Gross margin100%100%100%100%
Revenue per employee£13.6k£13.6k£11.1k£12.4k
Profit per employee−£12.5k−£3.3k−£4.4k£3.6k
Growth (year on year)
Revenue growth—0%▲9%▲11.7%
Headcount growth—0%▲33.3%0%
Balance sheet — indirect signals, not revenue
Cash at bank£26.6k£18.4k£2.6k£10.3k
Net assets−£37.6k−£47.5k−£64.9k−£50.6k
Fixed assets£1.1k£842£632£474
Current assets£39.8k£27.1k£10.3k£23.6k
Debtors£13.2k£8.7k£7.7k£13.3k
SourceFullAccounts · bulk data Nov 2023FullAccounts · bulk data Nov 2023FullAccounts · bulk data Jul 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
29%
Profit ÷ revenue.
Gross margin
100%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£12.4k
Revenue ÷ average employees.
Profit per employee
£3.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
26.8%
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
—
Now −£50.6k
Cash at bank
▲292%
Now £10.3k
Headcount
0%
Now 4
Deferred income
—
Now —
Fixed assets
▼25%
Now £474
Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Dec 2024 (profit £14.4k), from the Companies House accounts bulk data published Sep 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.