How much does Vectos (South) Limited make?

Vectos (South) Limited reported revenue of £12.8m and £2.8m profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Vectos (South) Limited have?

Vectos (South) Limited reported an average of 4 employees in the year to 31 Dec 2022.

Is Vectos (South) Limited profitable?

Yes — Vectos (South) Limited reported a profit of £2.8m in the year to 31 Dec 2022.

Company No. 07591661 · Incorporated 5 Apr 2011

Vectos (South) Limited

Registered name: VECTOS (SOUTH) LIMITED

Part of Solar Holdings Topco Limited group

Vectos (South) Limited made £12.8m revenue and £2.8m profit in the year to 31 Dec 2022. read from filing text

Vectos (South) Limited’s revenue was £12.8m in the year to 31 Dec 2022, with £2.8m profit and 4 employees. The company is classified under “other service activities” and is based in Bristol; we hold 2 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: Bristol, South West
Age: 15 yrs · since 2011
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.

Latest accounts · year to 31 Dec 2022

Key figures

Small teamCapital-light

Revenue

£12.8m

Growth —

Profit

£2.8m

Growth —

Profit margin

21.6%

Employees

Change —

Profit / employee

£688k

Revenue/employee £3.2m

Profitable streak

2yrs

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 2021	31 Dec 2022
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£11.7m	£12.8m
Operating profit	£2.5m	£2m
Profit before tax	£2.5m	£2m
Profit after tax	£2.3m	£2.8m
Profit (best available)	£2.3m	£2.8m
Employees (average)	81	4
Ratios
Profit margin	19.6%	21.6%
Revenue per employee	£144k	£3.2m
Profit per employee	£28.2k	£688k
Balance sheet — indirect signals, not revenue
Cash at bank	£667k	£132k
Net assets	£5.5m	£8.3m
Fixed assets	£74.1k	£51.3k
Current assets	£8.1m	£10.2m
Debtors	£1.9m	£2.4m
Deferred income	£333k	£286k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 21.6%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £3.2m; Revenue ÷ average employees.
Profit per employee: £688k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.6%; 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: —; Now £8.3m
Cash at bank: —; Now £132k
Headcount: —; Now 4
Deferred income: —; Now £286k
Fixed assets: —; Now £51.3k

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

Solar Holdings Topco Limitedultimate parent75–100%
Solar Holdings Midco Limited75–100%
Solar Holdings Midco 2 Limited75–100%
Solar Holdings Bidco Limited75–100%
Solar Holdings Holdco Limited75–100%
SLR Global Limited75–100%
SLR HD Limited75–100%
SLR MD Limited75–100%
SLR BD Limited75–100%
Vectos Holdings Limited75–100%
Vectos (South) 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

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2022 (profit £2.8m), from the Companies House accounts bulk data published Dec 2023. 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.