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Company No. 07695623 · Incorporated 6 Jul 2011

VB Turnbull Limited

Registered name: VB TURNBULL LIMITED

Part of Vestbrown (Newco) Limited group

VB Turnbull Limited made £1.4m revenue and £372k profit in the year to 31 Dec 2025.

VB Turnbull Limited’s revenue grew 11% to £1.4m in the year to 31 Dec 2025, with £372k profit and 6 employees. The company is classified under “development of building projects” and is based in Durham; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects
Status
Active
Location
Durham, North East
Age
15 yrs · since 2011
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.

Latest accounts · year to 31 Dec 2025

Key figures

Small team
Revenue
£1.4m
Growth ▲10.6%
Profit
£372k
Growth ▼78.9%
Profit margin
26.7%
Gross 32.3%
Employees
6
Change ▲100%
Profit / employee
£62k
Revenue/employee £233k
Profitable streak
3yrs
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 to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£1.2m£1.3m£1.4m
Cost of sales£718k£532k£945k
Gross profit£467k£730k£451k
Operating profit£215k£604k£168k
Profit before tax£307k£1.9m£410k
Profit after tax£290k£1.8m£372k
Profit (best available)£290k£1.8m£372k
Employees (average)336
Ratios
Profit margin24.5%140%26.7%
Gross margin39.4%57.8%32.3%
Revenue per employee£395k£421k£233k
Profit per employee£96.7k£589k£62k
Growth (year on year)
Revenue growth—▲6.5%▲10.6%
Profit growth—▲508.7%▼78.9%
Headcount growth—0%▲100%
Balance sheet — indirect signals, not revenue
Cash at bank£1.7m£812k£178k
Net assets£9.5m£10.1m£10.4m
Fixed assets£282k£282k—
Current assets£10.9m£11m£17m
Debtors£13.6k£0£4.8k
Deferred income£47.2k£67k£316k
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
26.7%
Profit ÷ revenue.
Gross margin
32.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£233k
Revenue ÷ average employees.
Profit per employee
£62k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
22.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.3%
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
▲4%
Now £10.4m
Cash at bank
▼78%
Now £178k
Headcount
▲100%
Now 6
Deferred income
▲371%
Now £316k
Fixed assets
—
Now —

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

  1. Vestbrown (Newco) Limitedultimate parent75–100%
  2. Vestbrown Limited75–100%
  3. VB Turnbull Limitedthis company

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

Subsidiaries (10)

Sister companies (2)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £372k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 19 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.