How much does Vice UK Limited make?

Vice UK Limited reported revenue of £21.6m and £63.2m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Vice UK Limited have?

Vice UK Limited reported an average of 227 employees in the year to 31 Dec 2023.

Is Vice UK Limited profitable?

Yes — Vice UK Limited reported a profit of £63.2m in the year to 31 Dec 2023.

Company No. 04531415 · Incorporated 10 Sep 2002

Vice UK Limited

Registered name: VICE UK LIMITED

Vice UK Limited made £21.6m revenue and £63.2m profit in the year to 31 Dec 2023. read from filing text

Vice UK Limited’s revenue fell 30% to £21.6m in the year to 31 Dec 2023, with £63.2m profit and 227 employees. The company is classified under “other publishing activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 58190Other publishing activities

Status: Active
Location: London, London
Age: 24 yrs · since 2002
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 parent company is Vice Europe Holding”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightCash flow filed

Revenue

£21.6m

Growth ▼29.6%

Profit

£63.2m

Growth —

Profit margin

292.2%

Gross 33.4%

Employees

227

Change ▲3.2%

Profit / employee

£278k

Revenue/employee £95.3k

Profitable streak

1yr

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Profit only	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£30.8m	£21.6m
Cost of sales	£19.4m	£22.4m	£14.4m
Gross profit	—	£8.4m	£7.2m
Operating profit	—	£1m	−£4.8m
Profit before tax	−£2.3m	−£31.1m	−£5.2m
Profit after tax	−£2.3m	−£31.1m	£63.2m
Profit (best available)	−£2.3m	−£31.1m	£63.2m
Staff costs	—	£16.6m	£15.6m
Employees (average)	198	220	227
Ratios
Profit margin	—	−101%	292.2%
Gross margin	—	27.2%	33.4%
Revenue per employee	—	£140k	£95.3k
Profit per employee	−£11.4k	−£141k	£278k
Cash conversion	—	1789%	—
Growth (year on year)
Revenue growth	—	—	▼29.6%
Headcount growth	—	▲11.1%	▲3.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£36.1k	£0	£1.3m
Net assets	−£9.8m	−£40.9m	£22.3m
Fixed assets	£0	£0	£0
Current assets	£44.4m	£34.6m	£45.5m
Debtors	£4.3m	£1.5m	£232k
Deferred income	£2.6m	£3m	£1.6m
Cash from operations	—	£18.5m	−£53.1m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: 292.2%; Profit ÷ revenue.
Gross margin: 33.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £95.3k; Revenue ÷ average employees.
Profit per employee: £278k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.1%; 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: —; Now £22.3m
Cash at bank: —; Now £1.3m
Headcount: ▲3%; Now 227
Deferred income: ▼48%; Now £1.6m
Fixed assets: —; Now £0

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £63.2m), from the Companies House accounts bulk data published Jul 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.