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Company No. 03493078 · Incorporated 15 Jan 1998

Leamington Spa V.e. Limited

Registered name: LEAMINGTON SPA V.E. LIMITED

Part of Grandvision N.V. group

Leamington Spa V.e. Limited made £1.8m revenue and £297k profit in the year to 31 Dec 2025. read from filing text

Leamington Spa V.e. Limited’s revenue grew 11% to £1.8m in the year to 31 Dec 2025, with £297k profit and 13 employees. The company is classified under “other service activities” and is based in Nottingham; we hold 4 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
Nottingham, East Midlands
Age
28 yrs · since 1998
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: “The immediate controlling party of the company is Abbeyfield V.E. Limited, a company incorporated in the United Kingdom. A copy of their financial statements can be obtained from Mere Way, Ruddington ”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverage
Revenue
£1.8m
Growth ▲10.9%
Profit
£297k
Growth ▲32%
Profit margin
16.4%
Gross 73%
Employees
13
Change 0%
Profit / employee
£22.8k
Revenue/employee £139k
Profitable streak
4yrs
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£1.5m£1.6m£1.6m£1.8m
Cost of sales£350k£441k£456k£489k
Gross profit£1.1m£1.2m£1.2m£1.3m
Operating profit£393k£359k£286k£379k
Profit before tax£394k£367k£299k£396k
Profit after tax£320k£277k£225k£297k
Profit (best available)£320k£277k£225k£297k
Staff costs£379k£472k£493k£506k
Employees (average)13131313
Ratios
Profit margin21.9%16.8%13.8%16.4%
Gross margin76%73.2%72.1%73%
Revenue per employee£112k£127k£126k£139k
Profit per employee£24.6k£21.3k£17.3k£22.8k
Growth (year on year)
Revenue growth—▲13%▼0.9%▲10.9%
Profit growth—▼13.4%▼18.8%▲32%
Headcount growth—0%0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£9k£11k£3k£5k
Net assets£142k£85k£165k£362k
Fixed assets£50k£42k£32k£28k
Current assets£244k£246k£398k£587k
Debtors£31k£116k£225k£342k
Deferred income£45k£63k£80k£75k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
16.4%
Profit ÷ revenue.
Gross margin
73%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£139k
Revenue ÷ average employees.
Profit per employee
£22.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
4.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
18.9%
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
▲119%
Now £362k
Cash at bank
▲67%
Now £5k
Headcount
0%
Now 13
Deferred income
▼6%
Now £75k
Fixed assets
▼13%
Now £28k

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

  1. Grandvision N.V. (registered outside the UK register)ultimate parent75–100%
  2. Vision Express Limited75–100%
  3. Vision Express Group Limited75–100%
  4. Vision Express (UK) Limited75–100%
  5. Abbeyfield V.e. Limited50–75%
  6. Leamington Spa V.e. Limitedthis company

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

Sister companies (55)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £297k), from the Companies House accounts bulk data published Sep 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.