How much does Verve Partners Limited make?

Verve Partners Limited reported revenue of £9.9m and a loss of £447k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Verve Partners Limited have?

Verve Partners Limited reported an average of 131 employees in the year to 31 Dec 2023.

Is Verve Partners Limited profitable?

No — Verve Partners Limited reported a loss of £447k in the year to 31 Dec 2023.

Company No. 06663787 · Incorporated 4 Aug 2008

Verve Partners Limited

Registered name: VERVE PARTNERS LIMITED

Part of Verve Partners Holdings Limited group

Verve Partners Limited made £9.9m revenue and a £447k loss in the year to 31 Dec 2023.

Verve Partners Limited’s revenue grew 4% to £9.9m in the year to 31 Dec 2023, with a loss of £447k and 131 employees. The company is classified under “market research and public opinion polling” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 73200Market research and public opinion polling

Status: Active
Location: London, London
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: “Verve Partners Holdings Limited”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light

Revenue

£9.9m

Growth ▲4.2%

Profit

−£447k

Growth ▼155.7%

Profit margin

−4.5%

Gross 72.3%

Employees

131

Change ▲10.1%

Profit / employee

−£3.4k

Revenue/employee £75.3k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.5m	£9.9m
Cost of sales	£2.3m	£2.7m
Gross profit	£7.2m	£7.1m
Operating profit	£996k	−£542k
Profit before tax	£989k	−£552k
Profit after tax	£802k	−£447k
Profit (best available)	£802k	−£447k
Staff costs	£5.2m	£6.3m
Employees (average)	119	131
Ratios
Profit margin	8.5%	−4.5%
Gross margin	75.8%	72.3%
Revenue per employee	£79.6k	£75.3k
Profit per employee	£6.7k	−£3.4k
Growth (year on year)
Revenue growth	—	▲4.2%
Profit growth	—	▼155.7%
Headcount growth	—	▲10.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£921k
Net assets	£1.5m	£1m
Fixed assets	£91.3k	£60.9k
Current assets	£7.6m	£7.3m
Debtors	£2.1m	£2.1m
Deferred income	£1.5m	£1.5m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −4.5%; Profit ÷ revenue.
Gross margin: 72.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £75.3k; Revenue ÷ average employees.
Profit per employee: −£3.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 15.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.8%; 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: ▼30%; Now £1m
Cash at bank: ▼37%; Now £921k
Headcount: ▲10%; Now 131
Deferred income: ▼1%; Now £1.5m
Fixed assets: ▼33%; Now £60.9k

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

Verve Partners Holdings Limitedultimate parent75–100%
Verve Partners Limitedthis company

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

Sister companies (2)

The Insight Colab Holdings LimitedFigures not disclosed
Verve Partners Venture LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit −£447k), from the Companies House accounts bulk data published Sep 2024. 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.