How much does Morpeth Town V.e. Limited make?

Morpeth Town V.e. Limited reported revenue of £1m and £114k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Morpeth Town V.e. Limited have?

Morpeth Town V.e. Limited reported an average of 8 employees in the year to 31 Dec 2025.

Is Morpeth Town V.e. Limited profitable?

Yes — Morpeth Town V.e. Limited reported a profit of £114k in the year to 31 Dec 2025.

Company No. 03748660 · Incorporated 8 Apr 1999

Morpeth Town V.e. Limited

Registered name: MORPETH TOWN V.E. LIMITED

Morpeth Town V.e. Limited made £1m revenue and £114k profit in the year to 31 Dec 2025. read from filing text

Morpeth Town V.e. Limited’s revenue grew 11% to £1m in the year to 31 Dec 2025, with £114k profit and 8 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: 27 yrs · since 1999
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

Small teamOperating leverage

Revenue

£1m

Growth ▲11.3%

Profit

£114k

Growth ▲28.1%

Profit margin

11.2%

Gross 71.5%

Employees

Change 0%

Profit / employee

£14.3k

Revenue/employee £127k

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)	£738k	£780k	£911k	£1m
Cost of sales	£218k	£225k	£265k	£289k
Gross profit	£520k	£555k	£646k	£725k
Operating profit	£106k	£99k	£120k	£150k
Profit before tax	£105k	£99k	£124k	£155k
Profit after tax	£79k	£78k	£89k	£114k
Profit (best available)	£79k	£78k	£89k	£114k
Staff costs	£198k	£221k	£261k	£277k
Employees (average)	7	8	8	8
Ratios
Profit margin	10.7%	10%	9.8%	11.2%
Gross margin	70.5%	71.2%	70.9%	71.5%
Revenue per employee	£105k	£97.5k	£114k	£127k
Profit per employee	£11.3k	£9.8k	£11.1k	£14.3k
Growth (year on year)
Revenue growth	—	▲5.7%	▲16.8%	▲11.3%
Profit growth	—	▼1.3%	▲14.1%	▲28.1%
Headcount growth	—	▲14.3%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£6k	£4k	£1k	£1k
Net assets	£194k	£193k	£211k	£210k
Fixed assets	£230k	£205k	£184k	£193k
Current assets	£103k	£102k	£169k	£175k
Debtors	£20k	£55k	£88k	£108k
Deferred income	£32k	£31k	£19k	£27k
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: 11.2%; Profit ÷ revenue.
Gross margin: 71.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £127k; Revenue ÷ average employees.
Profit per employee: £14.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 19%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.7%; 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: ▼0%; Now £210k
Cash at bank: 0%; Now £1k
Headcount: 0%; Now 8
Deferred income: ▲42%; Now £27k
Fixed assets: ▲5%; Now £193k

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 £114k), 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.