Veson Nautical Limited
Registered name: VESON NAUTICAL LIMITED
Veson Nautical Limited made £14.6m revenue and £109k profit in the year to 31 Dec 2025. read from filing text
Veson Nautical Limited’s revenue grew 15% to £14.6m in the year to 31 Dec 2025, with £109k profit and 89 employees. The company is classified under “business and domestic software development” and is based in London; we hold 5 years of its filed accounts.
- 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. From the filing: “The parent company is Veson Nautical LLC, a Delaware corporation registered in the United States of America, by way of 100% ownership of the share capital of Veson Nautical Limited.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | — | £13.4m | £8m | £12.7m | £14.6m |
| Operating profit | — | — | — | — | £205k |
| Profit before tax | — | £908k | £347k | £704k | £195k |
| Profit after tax | — | £802k | £257k | £470k | £109k |
| Profit (best available) | — | £802k | £257k | £470k | £109k |
| Staff costs | — | £6m | £6.2m | £9.6m | — |
| Employees (average) | 45 | 53 | 56 | 83 | 89 |
| Ratios | |||||
| Profit margin | — | 6% | 3.2% | 3.7% | 0.7% |
| Revenue per employee | — | £252k | £142k | £153k | £164k |
| Profit per employee | — | £15.1k | £4.6k | £5.7k | £1.2k |
| Cash conversion | — | — | — | — | −619.9% |
| Growth (year on year) | |||||
| Revenue growth | — | — | ▼40.3% | ▲59.7% | ▲14.9% |
| Profit growth | — | — | ▼68% | ▲83.2% | ▼76.9% |
| Headcount growth | — | ▲17.8% | ▲5.7% | ▲48.2% | ▲7.2% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £436k | £583k | £434k | £309k | £480k |
| Net assets | £668k | £1.5m | £1.7m | £2.2m | £2.3m |
| Fixed assets | £110k | £75.7k | £18.3k | £2.4m | £3.3m |
| Current assets | £1.8m | £3.3m | £6.5m | £7.9m | £9.7m |
| Debtors | £468k | £200k | £5.4m | £5.4m | £6.3m |
| Deferred income | — | £809k | £2.7m | £4.5m | £6.6m |
| Cash from operations | — | −£128k | — | −£2.4m | −£1.3m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 0.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £164k
- Revenue ÷ average employees.
- Profit per employee
- £1.2k
- Profit ÷ average employees.
- Cash conversion
- −619.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 22.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 44.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 42.8%
- 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
- ▲5%
- Now £2.3m
- Cash at bank
- ▲56%
- Now £480k
- Headcount
- ▲7%
- Now 89
- Deferred income
- ▲45%
- Now £6.6m
- Fixed assets
- ▲36%
- Now £3.3m
Similar profitable businesses
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- Profit
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- Staff
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- Add People LimitedManchester · Business and domestic software development
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- Profit
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- Planon LtdBrighton · Business and domestic software development
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- Profit
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- Acorah Software Products LimitedWokingham · Business and domestic software development
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- Profit
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- Power2motivate UK LimitedLondon · Business and domestic software development
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- Egain Communications LtdNewbury · Business and domestic software development
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £109k), from the Companies House accounts bulk data published Sep 2026. 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.