Verne Global Ltd
Registered name: VERNE GLOBAL LTD
Part of Jules II Limited groupVerne Global Ltd made £3.9m revenue and a £590k loss in the year to 31 Dec 2024.
Verne Global Ltd’s revenue fell 20% to £3.9m in the year to 31 Dec 2024, with a loss of £590k. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £1.5m | £4.9m | £3.9m |
| Operating profit | £385k | £580k | −£58.6k |
| Profit before tax | £385k | £580k | −£557k |
| Profit after tax | £385k | £565k | −£590k |
| Profit (best available) | £385k | £565k | −£590k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 25% | 11.6% | −15.1% |
| Growth (year on year) | |||
| Revenue growth | — | ▲217.4% | ▼20% |
| Profit growth | — | ▲47% | ▼204.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −15.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Jules II Limitedultimate parent75–100%
- Jules I Limited75–100%
- Verne Global Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- D9 DC Opco 3 LimitedActive - Proposal to Strike offRev. £13.2m · Profit £8.8m
- D9 DC Opco 1 LimitedRev. £2.3m · Profit £1.2m
- Verne Holdings LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£590k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Updated from Companies House on 17 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.