VCG Technology Services Limited
Registered name: VCG TECHNOLOGY SERVICES LIMITED
Part of Vodat Communications Group (VCG) Holding Ltd groupVCG Technology Services Limited made £21m revenue and £607k profit in the year to 31 Mar 2025.
VCG Technology Services Limited’s revenue fell 29% to £21m in the year to 31 Mar 2025, with £607k profit and 100 employees. The company is classified under “other telecommunications activities” and is based in Stockport; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Stockport, North West
- Age
- 24 yrs · since 2002
- 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: “Vodat Communications Group (VCG) Holding Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £24.4m | £24.4m | £29.4m | £21m |
| Cost of sales | £18.8m | £18.8m | £22m | £14.4m |
| Gross profit | £5.6m | £5.6m | £7.4m | £6.5m |
| Operating profit | −£301k | £142k | £654k | £559k |
| Profit before tax | −£304k | £165k | £722k | £604k |
| Profit after tax | −£243k | £225k | £735k | £607k |
| Profit (best available) | −£243k | £225k | £735k | £607k |
| Staff costs | £6.7m | £6.4m | £6.6m | £5.8m |
| Employees (average) | 124 | 113 | 113 | 100 |
| Ratios | ||||
| Profit margin | −1% | 0.9% | 2.5% | 2.9% |
| Gross margin | 22.9% | 22.9% | 25.3% | 31.1% |
| Revenue per employee | £197k | £216k | £260k | £210k |
| Profit per employee | −£2k | £2k | £6.5k | £6.1k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲0.2% | ▲20.3% | ▼28.6% |
| Profit growth | — | — | ▲226.2% | ▼17.4% |
| Headcount growth | — | ▼8.9% | 0% | ▼11.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.3m | £3.5m | £2.2m | £678k |
| Net assets | £1.3m | £1.5m | £2.2m | £2.6m |
| Fixed assets | £310k | £505k | £338k | £633k |
| Current assets | £9.9m | £12.4m | £9.2m | £6.9m |
| Debtors | £4.7m | £4.9m | £3.3m | £2.4m |
| Deferred income | £6.4m | £6.7m | £5.1m | £2.7m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2.9%
- Profit ÷ revenue.
- Gross margin
- 31.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £210k
- Revenue ÷ average employees.
- Profit per employee
- £6.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 12.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.6%
- 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
- ▲15%
- Now £2.6m
- Cash at bank
- ▼69%
- Now £678k
- Headcount
- ▼12%
- Now 100
- Deferred income
- ▼48%
- Now £2.7m
- Fixed assets
- ▲88%
- Now £633k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Vodat Communications Group (VCG) Holding Ltdultimate parent75–100%
- VCG Technology Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Axonex LtdFigures not disclosed
- Vodat Payment Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £607k), from the Companies House accounts bulk data published Dec 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.