How much does Hitchin V.e. Limited make?

Hitchin V.e. Limited reported revenue of £1.1m and £121k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Hitchin V.e. Limited have?

Hitchin V.e. Limited reported an average of 6 employees in the year to 31 Dec 2025.

Is Hitchin V.e. Limited profitable?

Yes — Hitchin V.e. Limited reported a profit of £121k in the year to 31 Dec 2025.

Company No. 08941074 · Incorporated 17 Mar 2014

Hitchin V.e. Limited

Registered name: HITCHIN V.E. LIMITED

Hitchin V.e. Limited made £1.1m revenue and £121k profit in the year to 31 Dec 2025. read from filing text

Hitchin V.e. Limited’s revenue grew 9% to £1.1m in the year to 31 Dec 2025, with £121k profit and 6 employees. The company is classified under “other service activities” and is based in Nottingham; we hold 4 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: Nottingham, East Midlands
Age: 12 yrs · since 2014
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 immediate controlling party of the company is Abbeyfield V.E. Limited, a company incorporated in the United Kingdom. A copy of their financial statements can be obtained from Mere Way, Ruddington ”

Latest accounts · year to 31 Dec 2025

Key figures

Small teamCapital-lightOperating leverage

Revenue

£1.1m

Growth ▲9.4%

Profit

£121k

Growth ▲10%

Profit margin

11.4%

Gross 71.6%

Employees

Change ▲20%

Profit / employee

£20.2k

Revenue/employee £177k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	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)	£833k	£941k	£968k	£1.1m
Cost of sales	£227k	£260k	£287k	£301k
Gross profit	£606k	£681k	£681k	£758k
Operating profit	£134k	£135k	£136k	£149k
Profit before tax	£135k	£144k	£147k	£161k
Profit after tax	£108k	£110k	£110k	£121k
Profit (best available)	£108k	£110k	£110k	£121k
Staff costs	£192k	£243k	£256k	£293k
Employees (average)	3	5	5	6
Ratios
Profit margin	13%	11.7%	11.4%	11.4%
Gross margin	72.8%	72.4%	70.3%	71.6%
Revenue per employee	£278k	£188k	£194k	£177k
Profit per employee	£36k	£22k	£22k	£20.2k
Growth (year on year)
Revenue growth	—	▲13%	▲2.9%	▲9.4%
Profit growth	—	▲1.8%	0%	▲10%
Headcount growth	—	▲66.7%	0%	▲20%
Balance sheet — indirect signals, not revenue
Cash at bank	£5k	£7k	£1k	£3k
Net assets	£204k	£164k	£179k	£232k
Fixed assets	£80k	£55k	£41k	£31k
Current assets	£262k	£266k	£341k	£388k
Debtors	£33k	£146k	£239k	£238k
Deferred income	£56k	£64k	£61k	£54k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 11.4%; Profit ÷ revenue.
Gross margin: 71.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £177k; Revenue ÷ average employees.
Profit per employee: £20.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.5%; 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: ▲30%; Now £232k
Cash at bank: ▲200%; Now £3k
Headcount: ▲20%; Now 6
Deferred income: ▼11%; Now £54k
Fixed assets: ▼24%; Now £31k

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

Minority corporate shareholders

Abbeyfield V.e. Limited 25–50%

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £121k), 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.