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Company No. 06559383 · Incorporated 8 Apr 2008

Spalding V.e. Limited

Registered name: SPALDING V.E. LIMITED

Part of Grandvision N.V. group

Spalding V.e. Limited made £789k revenue and £115k profit in the year to 31 Dec 2025. read from filing text

Spalding V.e. Limited’s revenue grew 11% to £789k in the year to 31 Dec 2025, with £115k profit and 8 employees. The company is classified under “other service activities” and is based in Nottingham; we hold 4 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
Nottingham, East Midlands
Age
18 yrs · since 2008
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: “The immediate controlling party of the company is Abbeyfield V.E. Limited, a company incorporated in the United Kingdom. A copy of their financial statements can be obtained from Mere Way, Ruddington ”

Latest accounts · year to 31 Dec 2025

Key figures

Small teamCapital-light
Revenue
£789k
Growth ▲11.4%
Profit
£115k
Growth ▼0.9%
Profit margin
14.6%
Gross 73.4%
Employees
8
Change 0%
Profit / employee
£14.4k
Revenue/employee £98.6k
Profitable streak
4yrs
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£561k£656k£708k£789k
Cost of sales£141k£160k£176k£210k
Gross profit£420k£496k£532k£579k
Operating profit£129k£162k£150k£147k
Profit before tax£128k£164k£154k£153k
Profit after tax£104k£125k£116k£115k
Profit (best available)£104k£125k£116k£115k
Staff costs£135k£156k£182k£215k
Employees (average)6788
Ratios
Profit margin18.5%19.1%16.4%14.6%
Gross margin74.9%75.6%75.1%73.4%
Revenue per employee£93.5k£93.7k£88.5k£98.6k
Profit per employee£17.3k£17.9k£14.5k£14.4k
Growth (year on year)
Revenue growth—▲16.9%▲7.9%▲11.4%
Profit growth—▲20.2%▼7.2%▼0.9%
Headcount growth—▲16.7%▲14.3%0%
Balance sheet — indirect signals, not revenue
Cash at bank£4k£5k£1k£2k
Net assets£155k£88k£75k£104k
Fixed assets£74k£53k£40k£29k
Current assets£174k£138k£186k£251k
Debtors£23k£63k£135k£205k
Deferred income£19k£25k£30k£36k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
14.6%
Profit ÷ revenue.
Gross margin
73.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£98.6k
Revenue ÷ average employees.
Profit per employee
£14.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
4.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
26%
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
▲39%
Now £104k
Cash at bank
▲100%
Now £2k
Headcount
0%
Now 8
Deferred income
▲20%
Now £36k
Fixed assets
▼28%
Now £29k

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

  1. Grandvision N.V. (registered outside the UK register)ultimate parent75–100%
  2. Vision Express Limited75–100%
  3. Vision Express Group Limited75–100%
  4. Vision Express (UK) Limited75–100%
  5. Abbeyfield V.e. Limited50–75%
  6. Spalding V.e. Limitedthis company

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

Sister companies (55)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £115k), from the Companies House accounts bulk data published Sep 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.