Ventro Ltd
Registered name: VENTRO LTD
Part of Aquilam Group Ltd groupVentro Ltd made £24.7m revenue and £653k profit in the year to 31 Mar 2023.
Ventro Ltd’s revenue grew 3% to £24.7m in the year to 31 Mar 2023, with £653k profit and 141 employees. The company is classified under “fire service activities” and is based in Plymouth; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Plymouth, South West
- Age
- 12 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 ultimate parent company, preparing the consolidated group accounts, is Aquilam Group Ltd. This company operates from the same address as Ventro Ltd and is the location where the group consolidated”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £23.9m | £24.7m |
| Cost of sales | £15.3m | £20.2m |
| Gross profit | £8.7m | £4.5m |
| Profit before tax | £5.8m | £812k |
| Profit after tax | £4.7m | £653k |
| Profit (best available) | £4.7m | £653k |
| Staff costs | £3.5m | £5.4m |
| Employees (average) | 99 | 141 |
| Ratios | ||
| Profit margin | 19.5% | 2.6% |
| Gross margin | 36.2% | 18.3% |
| Revenue per employee | £242k | £175k |
| Profit per employee | £47.2k | £4.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▲3.1% |
| Profit growth | — | ▼86% |
| Headcount growth | — | ▲42.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.6m | £1.5m |
| Net assets | £5.4m | £4.2m |
| Fixed assets | £448k | £600k |
| Current assets | £10.7m | £10.5m |
| Debtors | £5.5m | £5.6m |
| Deferred income | £1.4m | £1.1m |
| Cash from operations | −£3.2m | −£63k |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 18.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £175k
- Revenue ÷ average employees.
- Profit per employee
- £4.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.7%
- 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
- ▼22%
- Now £4.2m
- Cash at bank
- ▼42%
- Now £1.5m
- Headcount
- ▲42%
- Now 141
- Deferred income
- ▼20%
- Now £1.1m
- Fixed assets
- ▲34%
- Now £600k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Aquilam Group Ltdultimate parent75–100%
- Ventro Holdings Ltd75–100%
- Ventro Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- R.D. Jukes & Co. LimitedFigures not disclosed
- Ventro Environmental LtdFigures not disclosed
Sister companies (1)
- Allhands LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from accounts for the year to 31 Mar 2023 (profit £653k), from the Companies House accounts bulk data published Feb 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.