VL Realisations Limited
Registered name: VL REALISATIONS LIMITED
Part of Venturi Holdings Limited groupVL 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.
- 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”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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 |
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.
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.
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).
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Sources
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.