How much does Vass IT Services Limited make?

Vass IT Services Limited reported revenue of £13.1m and a loss of £3.4m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Vass IT Services Limited have?

Vass IT Services Limited reported an average of 62 employees in the year to 31 Dec 2025.

Is Vass IT Services Limited profitable?

No — Vass IT Services Limited reported a loss of £3.4m in the year to 31 Dec 2025.

Company No. 06319930 · Incorporated 23 Jul 2007

Vass IT Services Limited

Registered name: VASS IT SERVICES LIMITED

Part of Vass Consultoria De Sistema group

Vass IT Services Limited made £13.1m revenue and a £3.4m loss in the year to 31 Dec 2025.

Vass IT Services Limited’s revenue fell 27% to £13.1m in the year to 31 Dec 2025, with a loss of £3.4m and 62 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 19 yrs · since 2007
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£13.1m

Growth ▼26.7%

Profit

−£3.4m

Growth —

Profit margin

−26.2%

Gross −0.2%

Employees

Change ▼17.3%

Profit / employee

−£55.2k

Revenue/employee £211k

Profitable streak

0yrs

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&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14m	£18m	£17.8m	£13.1m
Cost of sales	£11.7m	£18.6m	£16.4m	£13.1m
Gross profit	£2.2m	−£588k	£1.4m	−£21.9k
Operating profit	£1m	−£2.4m	−£864k	−£3.4m
Profit before tax	£1m	−£2.4m	−£892k	−£3.5m
Profit after tax	£834k	−£1.9m	−£1.3m	−£3.4m
Profit (best available)	£834k	−£1.9m	−£1.3m	−£3.4m
Staff costs	£3.2m	£7m	£6.1m	£5.6m
Employees (average)	40	90	75	62
Ratios
Profit margin	6%	−10.6%	−7.4%	−26.2%
Gross margin	16%	−3.3%	8.1%	−0.2%
Revenue per employee	£349k	£200k	£238k	£211k
Profit per employee	£20.9k	−£21.2k	−£17.6k	−£55.2k
Growth (year on year)
Revenue growth	—	▲28.8%	▼0.8%	▼26.7%
Profit growth	—	▼328.5%	—	—
Headcount growth	—	▲125%	▼16.7%	▼17.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.4m	£2m	£857k	£2.2m
Net assets	£3.6m	£1.7m	£194k	−£3.9m
Fixed assets	£24.6k	£1.3m	£1.2m	£133k
Current assets	£8.6m	£9.4m	£7.3m	£6.1m
Debtors	£3.9m	£6.4m	£5.5m	£2.4m
Deferred income	£333k	£495k	£664k	£1.5m
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: −26.2%; Profit ÷ revenue.
Gross margin: −0.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £211k; Revenue ÷ average employees.
Profit per employee: −£55.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 11.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.4%; 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: ▼2126%; Now −£3.9m
Cash at bank: ▲157%; Now £2.2m
Headcount: ▼17%; Now 62
Deferred income: ▲128%; Now £1.5m
Fixed assets: ▼88%; Now £133k

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

Ownership chain

Vass Consultoria De Sistema (registered outside the UK register)ultimate parent75–100%
Vass IT Services Limitedthis company

Bands show the share of ownership each company holds in the one below it.

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 −£3.4m), from the Companies House accounts bulk data published Mar 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.