Vesta Wealth Limited
Registered name: VESTA WEALTH LIMITED
Part of Investacc Group Limited groupVesta Wealth Limited made £2.1m revenue and £360k profit in the year to 31 Oct 2023.
Vesta Wealth Limited’s revenue fell 1% to £2.1m in the year to 31 Oct 2023, with £360k profit and 20 employees. The company is classified under “activities auxiliary to financial intermediation” and is based in Carlisle; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Carlisle, North West
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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: “Investacc Group Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.2m | £2.1m |
| Cost of sales | £168k | £189k |
| Gross profit | £2m | £2m |
| Operating profit | £882k | £450k |
| Profit before tax | £882k | £466k |
| Profit after tax | £712k | £360k |
| Profit (best available) | £712k | £360k |
| Staff costs | £846k | £1.2m |
| Employees (average) | 19 | 20 |
| Ratios | ||
| Profit margin | 32.8% | 16.8% |
| Gross margin | 92.3% | 91.2% |
| Revenue per employee | £114k | £107k |
| Profit per employee | £37.5k | £18k |
| Cash conversion | 102.7% | 106.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▼1.2% |
| Profit growth | — | ▼49.5% |
| Headcount growth | — | ▲5.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.1m | £1.2m |
| Net assets | £1.1m | £1.2m |
| Fixed assets | £94.1k | £120k |
| Current assets | £1.1m | £1.2m |
| Debtors | £14.9k | £3.9k |
| Deferred income | £37.8k | £33k |
| Cash from operations | £906k | £481k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 |
How the business works
- Profit margin
- 16.8%
- Profit ÷ revenue.
- Gross margin
- 91.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £107k
- Revenue ÷ average employees.
- Profit per employee
- £18k
- Profit ÷ average employees.
- Cash conversion
- 106.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- 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
- ▲12%
- Now £1.2m
- Cash at bank
- ▲5%
- Now £1.2m
- Headcount
- ▲5%
- Now 20
- Deferred income
- ▼13%
- Now £33k
- Fixed assets
- ▲27%
- Now £120k
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
- Investacc Group Limitedultimate parent75–100%
- Investacc UK Limited75–100%
- Investacc Holdings Limited75–100%
- Vesta Wealth Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Investacc Pension Administration LimitedRev. £5.8m · Profit £1.8m
- Investacc LimitedRev. £942k · Profit £63k
- Investacc Pension Trustees LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Oct 2023 (profit £360k), from the Companies House accounts bulk data published Feb 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.