Verevo Limited
Registered name: VEREVO LIMITED
Verevo Limited made £1.1m profit in the year to 30 Apr 2024 (revenue not disclosed).
Verevo Limited reported £1.1m profit in the year to 30 Apr 2024, down 8% on the year before; its revenue was not disclosed. It had 0 employees. The company is classified under “non-trading company” and is based in Havant; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Havant, South East
- Age
- 14 yrs · since 2012
- Type
- Private Limited Company
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only |
| Profit & loss | |||
| Revenue (turnover) | — | — | — |
| Cost of sales | £40.3m | £47.3m | £32.7m |
| Profit after tax | £988k | £1.2m | £1.1m |
| Profit (best available) | £988k | £1.2m | £1.1m |
| Staff costs | £0 | £0 | £0 |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | — | — |
| Growth (year on year) | |||
| Profit growth | — | ▲18.9% | ▼8.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.2k | £1.8k | £1.5k |
| Net assets | — | £4.8k | −£18.8k |
| Fixed assets | £1.4m | £1m | £929k |
| Current assets | £181k | £181k | £158k |
| Debtors | £0 | £0 | £0 |
| Deferred income | £0 | £0 | — |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼495%
- Now −£18.8k
- Cash at bank
- ▼20%
- Now £1.5k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼11%
- Now £929k
Group structure
Subsidiaries (4)
- CCN Communications LtdRev. £41.1m · Profit £1m
- Nexus Fibre Solutions LimitedLiquidationFigures not disclosed
- Verevo Assets LimitedFigures not disclosed
- Verevo Solutions LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Apr 2024 (profit £1.1m), 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.