How much does Andover V.e. Limited make?

Andover V.e. Limited reported revenue of £1.8m and £181k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Andover V.e. Limited have?

Andover V.e. Limited reported an average of 12 employees in the year to 31 Dec 2025.

Is Andover V.e. Limited profitable?

Yes — Andover V.e. Limited reported a profit of £181k in the year to 31 Dec 2025.

Company No. 03621593 · Incorporated 25 Aug 1998

Andover V.e. Limited

Registered name: ANDOVER V.E. LIMITED

Andover V.e. Limited made £1.8m revenue and £181k profit in the year to 31 Dec 2025. read from filing text

Andover V.e. Limited’s revenue grew 4% to £1.8m in the year to 31 Dec 2025, with £181k profit and 12 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-light

Revenue

£1.8m

Growth ▲4.1%

Profit

£181k

Growth ▼7.2%

Profit margin

10.1%

Gross 72.7%

Employees

Change ▲20%

Profit / employee

£15.1k

Revenue/employee £149k

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
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)	£1.4m	£1.6m	£1.7m	£1.8m
Cost of sales	£376k	£416k	£463k	£490k
Gross profit	£1.1m	£1.2m	£1.3m	£1.3m
Operating profit	£179k	£159k	£250k	£229k
Profit before tax	£180k	£165k	£262k	£243k
Profit after tax	£146k	£121k	£195k	£181k
Profit (best available)	£146k	£121k	£195k	£181k
Staff costs	£513k	£564k	£594k	£645k
Employees (average)	10	10	10	12
Ratios
Profit margin	10.1%	7.7%	11.3%	10.1%
Gross margin	74%	73.6%	73.1%	72.7%
Revenue per employee	£144k	£157k	£172k	£149k
Profit per employee	£14.6k	£12.1k	£19.5k	£15.1k
Growth (year on year)
Revenue growth	—	▲8.9%	▲9.5%	▲4.1%
Profit growth	—	▼17.1%	▲61.2%	▼7.2%
Headcount growth	—	0%	0%	▲20%
Balance sheet — indirect signals, not revenue
Cash at bank	£5k	£3k	£3k	£1k
Net assets	£124k	£132k	£152k	£181k
Fixed assets	£125k	£148k	£127k	£102k
Current assets	£216k	£309k	£539k	£483k
Debtors	£87k	£242k	£381k	£398k
Deferred income	£76k	£120k	£142k	£104k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 10.1%; Profit ÷ revenue.
Gross margin: 72.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £149k; Revenue ÷ average employees.
Profit per employee: £15.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.2%; 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: ▲19%; Now £181k
Cash at bank: ▼67%; Now £1k
Headcount: ▲20%; Now 12
Deferred income: ▼27%; Now £104k
Fixed assets: ▼20%; Now £102k

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

Minority corporate shareholders

Abbeyfield V.e. Limited 25–50%

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £181k), 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.