How much does VL Realisations Limited make?

VL Realisations Limited reported revenue of £10.9m and a loss of £574k in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does VL Realisations Limited have?

VL Realisations Limited reported an average of 37 employees in the year to 31 Mar 2024.

Is VL Realisations Limited profitable?

No — VL Realisations Limited reported a loss of £574k in the year to 31 Mar 2024.

Company No. 06920794 · Incorporated 1 Jun 2009

VL Realisations Limited

Registered name: VL REALISATIONS LIMITED

Part of Venturi Holdings Limited group

VL Realisations Limited made £10.9m revenue and a £574k loss in the year to 31 Mar 2024. read from filing text

VL Realisations Limited’s revenue fell 45% to £10.9m in the year to 31 Mar 2024, with a loss of £574k and 37 employees. The company is classified under “other activities of employment placement agencies” and is based in Manchester; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies

Status: In Administration
Location: Manchester, North West
Age: 17 yrs · since 2009
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: “Venturi Holdings Limited is the immediate and ultimate parent undertaking. Venturi Holdings Limited is the largest and smallest group in which Venturi Limited is a member and for which consolidated fi”

Latest accounts · year to 31 Mar 2024

Key figures

Capital-light

Revenue

£10.9m

Growth ▼44.7%

Profit

−£574k

Growth —

Profit margin

−5.3%

Gross 19.5%

Employees

Change ▼44.8%

Profit / employee

−£15.5k

Revenue/employee £294k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£21.3m	£19.7m	£10.9m
Cost of sales	£15.6m	£15.8m	£8.8m
Gross profit	£5.7m	£3.9m	£2.1m
Operating profit	£765k	−£348k	−£428k
Profit before tax	£747k	−£484k	−£588k
Profit after tax	£662k	−£467k	−£574k
Profit (best available)	£662k	−£467k	−£574k
Staff costs	£3.6m	£4.1m	£2.6m
Employees (average)	56	67	37
Ratios
Profit margin	3.1%	−2.4%	−5.3%
Gross margin	26.8%	19.9%	19.5%
Revenue per employee	£381k	£294k	£294k
Profit per employee	£11.8k	−£7k	−£15.5k
Growth (year on year)
Revenue growth	—	▼7.6%	▼44.7%
Profit growth	—	▼170.5%	—
Headcount growth	—	▲19.6%	▼44.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£70.8k	£80k	£32.2k
Net assets	£1.1m	£313k	−£262k
Fixed assets	£239k	£207k	£159k
Current assets	£5.4m	£6.4m	£5.1m
Debtors	£3.2m	£2.3m	£1.4m
Deferred income	£418k	£216k	£131k
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −5.3%; Profit ÷ revenue.
Gross margin: 19.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £294k; Revenue ÷ average employees.
Profit per employee: −£15.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.2%; 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: ▼184%; Now −£262k
Cash at bank: ▼60%; Now £32.2k
Headcount: ▼45%; Now 37
Deferred income: ▼39%; Now £131k
Fixed assets: ▼23%; Now £159k

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

Venturi Holdings Limitedultimate parent75–100%
VL Realisations 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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£574k), from the Companies House accounts bulk data published Dec 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.