Velji Bhovan & Sons (Trading) Limited
Registered name: VELJI BHOVAN & SONS (TRADING) LIMITED
Velji Bhovan & Sons (Trading) Limited made £48.2m revenue and £4.2m profit in the year to 31 Jul 2025. read from filing text
Velji Bhovan & Sons (Trading) Limited’s revenue fell 1% to £48.2m in the year to 31 Jul 2025, with £4.2m profit and 168 employees. The company is classified under “non-specialised wholesale of food, beverages and tobacco” and is based in Middlesex; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Middlesex, London
- Age
- 23 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: “There is no one ultimate controlling party.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 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) | £40m | £45m | £48.6m | £48.2m |
| Cost of sales | £29.5m | £35.1m | £35.9m | £35m |
| Gross profit | £10.5m | £9.9m | £12.7m | £13.2m |
| Operating profit | £3.9m | £2.9m | £5m | £5.4m |
| Profit before tax | £3.9m | £2.9m | £5.2m | £5.7m |
| Profit after tax | £3.1m | £2.3m | £3.9m | £4.2m |
| Profit (best available) | £3.1m | £2.3m | £3.9m | £4.2m |
| Staff costs | £4.8m | £4.6m | £4.9m | £5.4m |
| Employees (average) | 177 | 172 | 170 | 168 |
| Ratios | ||||
| Profit margin | 7.9% | 5% | 8% | 8.8% |
| Gross margin | 26.1% | 21.9% | 26.1% | 27.3% |
| Revenue per employee | £226k | £262k | £286k | £287k |
| Profit per employee | £17.8k | £13.2k | £22.8k | £25.1k |
| Cash conversion | −32.1% | 22.6% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲12.4% | ▲8% | ▼0.8% |
| Profit growth | — | ▼27.9% | ▲71% | ▲8.9% |
| Headcount growth | — | ▼2.8% | ▼1.2% | ▼1.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £8m | £5.5m | £7.6m | £7.9m |
| Net assets | £18.9m | £20.5m | £20.3m | £19m |
| Fixed assets | £10.5m | £10.6m | £10.5m | £10.4m |
| Current assets | £18.4m | £16.5m | £18.3m | £17.8m |
| Debtors | £798k | £980k | £1.5m | £1.2m |
| Deferred income | £68.2k | £73.9k | £52.9k | £61.6k |
| Cash from operations | −£1.2m | £647k | — | — |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 8.8%
- Profit ÷ revenue.
- Gross margin
- 27.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £287k
- Revenue ÷ average employees.
- Profit per employee
- £25.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 21.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.5%
- 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
- ▼6%
- Now £19m
- Cash at bank
- ▲5%
- Now £7.9m
- Headcount
- ▼1%
- Now 168
- Deferred income
- ▲17%
- Now £61.6k
- Fixed assets
- ▼1%
- Now £10.4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- V. B. & Sons (Trading) 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 Jul 2025 (profit £4.2m), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.