How much does Vehicle Movement Exchange UK Ltd make?

Vehicle Movement Exchange UK Ltd reported revenue of £19.9m and £651k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Vehicle Movement Exchange UK Ltd have?

Vehicle Movement Exchange UK Ltd reported an average of 79 employees in the year to 31 Dec 2025.

Is Vehicle Movement Exchange UK Ltd profitable?

Yes — Vehicle Movement Exchange UK Ltd reported a profit of £651k in the year to 31 Dec 2025.

Company No. 09631875 · Incorporated 10 Jun 2015

Vehicle Movement Exchange UK Ltd

Registered name: VEHICLE MOVEMENT EXCHANGE UK LTD

Vehicle Movement Exchange UK Ltd made £19.9m revenue and £651k profit in the year to 31 Dec 2025.

Vehicle Movement Exchange UK Ltd’s revenue grew 8% to £19.9m in the year to 31 Dec 2025, with £651k profit and 79 employees. The company is classified under “other information technology service activities” and is based in Birmingham; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: Birmingham, West Midlands
Age: 11 yrs · since 2015
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightOperating leverageCash flow filed

Revenue

£19.9m

Growth ▲7.7%

Profit

£651k

Growth ▲26.3%

Profit margin

3.3%

Gross 28.7%

Employees

Change ▲12.9%

Profit / employee

£8.2k

Revenue/employee £252k

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.

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&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.4m	£14.5m	£18.5m	£19.9m
Cost of sales	£9.7m	£10.6m	£13.3m	£14.2m
Gross profit	£2.7m	£3.8m	£5.2m	£5.7m
Operating profit	−£965k	−£258k	£660k	£796k
Profit before tax	−£999k	−£328k	£592k	£784k
Profit after tax	−£578k	−£236k	£515k	£651k
Profit (best available)	−£578k	−£236k	£515k	£651k
Staff costs	£2.5m	£2.7m	£2.9m	£3.5m
Employees (average)	56	69	70	79
Ratios
Profit margin	−4.7%	−1.6%	2.8%	3.3%
Gross margin	21.6%	26.6%	28.1%	28.7%
Revenue per employee	£222k	£210k	£264k	£252k
Profit per employee	−£10.3k	−£3.4k	£7.4k	£8.2k
Cash conversion	—	—	−26.2%	147.3%
Growth (year on year)
Revenue growth	—	▲16.5%	▲27.7%	▲7.7%
Profit growth	—	—	—	▲26.3%
Headcount growth	—	▲23.2%	▲1.5%	▲12.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£611k	£369k	£135k	£1.2m
Net assets	£1.6m	£2.1m	£2.6m	£3.2m
Fixed assets	£21.5k	£20.5k	£17.8k	£20.4k
Current assets	£3.7m	£3.7m	£3.7m	£4.5m
Debtors	£2.2m	£2.5m	£2.9m	£2.7m
Deferred income	£232k	£350k	£503k	£426k
Cash from operations	−£869k	−£587k	−£173k	£1.2m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 3.3%; Profit ÷ revenue.
Gross margin: 28.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £252k; Revenue ÷ average employees.
Profit per employee: £8.2k; Profit ÷ average employees.
Cash conversion: 147.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.7%; 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: ▲25%; Now £3.2m
Cash at bank: ▲797%; Now £1.2m
Headcount: ▲13%; Now 79
Deferred income: ▼15%; Now £426k
Fixed assets: ▲15%; Now £20.4k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £651k), 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.