Vertus E1/2 Limited
Registered name: VERTUS E1/2 LIMITED
Part of Wood Wharf E1/2 GP Limited groupVertus E1/2 Limited made £9m revenue and £3.5m profit in the year to 31 Dec 2025.
Vertus E1/2 Limited’s revenue grew 26% to £9m in the year to 31 Dec 2025, with £3.5m profit and 0 employees. The company is classified under “development of building projects” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £9m | £7.2m | £9m |
| Cost of sales | £53.7k | £71.3k | £845k |
| Gross profit | £8.9m | £7.1m | £8.2m |
| Operating profit | −£15m | −£10.4m | £8.1m |
| Profit before tax | −£21.2m | −£14.8m | £3.9m |
| Profit after tax | −£15.1m | −£12.9m | £3.5m |
| Profit (best available) | −£15.1m | −£12.9m | £3.5m |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −167.3% | −179.3% | 39% |
| Gross margin | 99.4% | 99% | 90.6% |
| Growth (year on year) | |||
| Revenue growth | — | ▼20.2% | ▲25.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £372k | £6.3m | £8.7m |
| Net assets | £84.8m | £72m | £75.5m |
| Fixed assets | £220m | £204m | £205m |
| Current assets | £72.6m | £79m | £80.5m |
| Debtors | £3.6k | £385k | £420k |
| Deferred income | £118k | £189k | £172k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 39%
- Profit ÷ revenue.
- Gross margin
- 90.6%
- 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
- 2265%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.7%
- 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
- ▲5%
- Now £75.5m
- Cash at bank
- ▲37%
- Now £8.7m
- Headcount
- —
- Now 0
- Deferred income
- ▼9%
- Now £172k
- Fixed assets
- ▲0%
- Now £205m
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
- Wood Wharf E1/2 GP Limitedultimate parent75–100%
- Vertus E1/2 Holdings Limited75–100%
- Vertus E1/2 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Vertus 10 George Street LimitedRev. £13.2m · Profit £344k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.5m), from the Companies House accounts bulk data published Aug 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.