How much does Vke Contractors Ltd make?

Vke Contractors Ltd reported revenue of £34.6m and £635k profit in the year to 31 Aug 2023, according to its accounts filed at Companies House.

How many employees does Vke Contractors Ltd have?

Vke Contractors Ltd reported an average of 16 employees in the year to 31 Aug 2023.

Is Vke Contractors Ltd profitable?

Yes — Vke Contractors Ltd reported a profit of £635k in the year to 31 Aug 2023.

Company No. 08396658 · Incorporated 11 Feb 2013

Vke Contractors Ltd

Registered name: VKE CONTRACTORS LTD

Part of Vke Holdings Limited group

Vke Contractors Ltd made £34.6m revenue and £635k profit in the year to 31 Aug 2023.

Vke Contractors Ltd’s revenue grew 28% to £34.6m in the year to 31 Aug 2023, with £635k profit and 16 employees. The company is classified under “other building completion and finishing” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43390Other building completion and finishing

Status: Active
Location: London, London
Age: 13 yrs · since 2013
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 Aug 2023

Key figures

Capital-light

Revenue

£34.6m

Growth ▲27.6%

Profit

£635k

Growth ▼24.1%

Profit margin

1.8%

Gross 10.7%

Employees

Change ▲45.5%

Profit / employee

£39.7k

Revenue/employee £2.2m

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 Aug 2022	31 Aug 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£27.1m	£34.6m
Cost of sales	£23.3m	£30.9m
Gross profit	£3.9m	£3.7m
Operating profit	£867k	£637k
Profit before tax	£836k	£411k
Profit after tax	£837k	£635k
Profit (best available)	£837k	£635k
Staff costs	£736k	£1m
Employees (average)	11	16
Ratios
Profit margin	3.1%	1.8%
Gross margin	14.2%	10.7%
Revenue per employee	£2.5m	£2.2m
Profit per employee	£76.1k	£39.7k
Growth (year on year)
Revenue growth	—	▲27.6%
Profit growth	—	▼24.1%
Headcount growth	—	▲45.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6m	£2m
Net assets	£2.9m	£3.3m
Fixed assets	£325k	£477k
Current assets	£7.8m	£9.7m
Debtors	£1.5m	£3.7m
Deferred income	£536k	£797k
Source	Accounts · bulk data May 2024	Accounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: 1.8%; Profit ÷ revenue.
Gross margin: 10.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.2m; Revenue ÷ average employees.
Profit per employee: £39.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.8%; 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: ▲13%; Now £3.3m
Cash at bank: ▲24%; Now £2m
Headcount: ▲45%; Now 16
Deferred income: ▲49%; Now £797k
Fixed assets: ▲47%; Now £477k

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

Vke Holdings Limitedultimate parent75–100%
Vke Contractors Ltdthis company

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

Sister companies (2)

Vke Plant LimitedFigures not disclosed
Vke Special Projects LtdFigures not disclosed

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 accounts for the year to 31 Aug 2023 (profit £635k), from the Companies House accounts bulk data published May 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.