North VS Limited
Registered name: NORTH VS LIMITED
Part of Livingbridge 7 Global LP groupNorth VS Limited made £3.4m revenue and £82.9k profit in the year to 29 Apr 2024.
North VS Limited’s revenue fell 5% to £3.4m in the year to 29 Apr 2024, with £82.9k profit. The company is classified under “security systems service activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- London
- Age
- 34 yrs · since 1992
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 29 Apr 2022 | 29 Apr 2023 | 29 Apr 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £3.5m | £3.6m | £3.4m |
| Cost of sales | −£2.5m | −£3.3m | −£2.7m |
| Gross profit | £997k | £286k | £774k |
| Operating profit | £577k | −£182k | £61.8k |
| Profit before tax | £577k | −£197k | £82.9k |
| Profit after tax | £607k | −£194k | £82.9k |
| Profit (best available) | £607k | −£194k | £82.9k |
| Employees (average) | 18 | 19 | — |
| Ratios | |||
| Profit margin | 17.3% | −5.4% | 2.4% |
| Gross margin | 28.4% | 7.9% | 22.6% |
| Revenue per employee | £195k | £191k | — |
| Profit per employee | £33.7k | −£10.2k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲3.4% | ▼5.5% |
| Profit growth | — | ▼132% | — |
| Headcount growth | — | ▲5.6% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | Accounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 2.4%
- Profit ÷ revenue.
- Gross margin
- 22.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Livingbridge 7 Global LPultimate parent75–100%
- Perth Topco Limited75–100%
- Perth Midco Limited75–100%
- Perth Holdco Limited75–100%
- Perth Bidco Limited75–100%
- North SP Group Limited75–100%
- North SP Limited75–100%
- North VS Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- North Avs LimitedLiquidationFigures not disclosed
- North PB Group LimitedLiquidationFigures not disclosed
- North PRT Group LimitedLiquidationFigures not disclosed
- North SV LimitedLiquidationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 29 Apr 2024 (profit £82.9k), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.
Updated from Companies House on 18 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.