How much does Verinica Ventures Limited make?

Verinica Ventures Limited reported revenue of £2m and a loss of £391k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Verinica Ventures Limited have?

Verinica Ventures Limited reported an average of 47 employees in the year to 31 Dec 2025.

Is Verinica Ventures Limited profitable?

No — Verinica Ventures Limited reported a loss of £391k in the year to 31 Dec 2025.

Company No. 10094003 · Incorporated 31 Mar 2016

Verinica Ventures Limited

Registered name: VERINICA VENTURES LIMITED

Part of MGM UK Hotels Holdings Limited group

Verinica Ventures Limited made £2m revenue and a £391k loss in the year to 31 Dec 2025.

Verinica Ventures Limited’s revenue grew 8% to £2m in the year to 31 Dec 2025, with a loss of £391k and 47 employees. The company is classified under “hotels and similar accommodation” and is based in Ipswich; we hold 5 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation

Status: Active
Location: Ipswich, East of England
Age: 10 yrs · since 2016
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: “MGM UK Hotels Holdings Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightDoing more with less

Revenue

£2m

Growth ▲8.1%

Profit

−£391k

Growth —

Profit margin

−19.6%

Gross 72.5%

Employees

Change ▼14.5%

Profit / employee

−£8.3k

Revenue/employee £42.4k

Profitable streak

0yrs

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	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	Full P&L
Profit & loss
Revenue (turnover)	£1.5m	£1.9m	£1.8m	£1.8m	£2m
Cost of sales	£316k	£581k	£428k	£483k	£548k
Gross profit	£1.2m	£1.3m	£1.3m	£1.4m	£1.4m
Operating profit	—	—	—	−£300k	−£382k
Profit before tax	£174k	−£96k	−£187k	−£300k	−£382k
Profit after tax	£150k	−£97.3k	−£186k	−£299k	−£391k
Profit (best available)	£150k	−£97.3k	−£186k	−£299k	−£391k
Employees (average)	56	55	55	55	47
Ratios
Profit margin	10%	−5.1%	−10.6%	−16.2%	−19.6%
Gross margin	79%	69.3%	75.7%	73.8%	72.5%
Revenue per employee	£26.9k	£34.4k	£32k	£33.5k	£42.4k
Profit per employee	£2.7k	−£1.8k	−£3.4k	−£5.4k	−£8.3k
Growth (year on year)
Revenue growth	—	▲25.6%	▼7.1%	▲4.8%	▲8.1%
Profit growth	—	▼164.8%	—	—	—
Headcount growth	—	▼1.8%	0%	0%	▼14.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£745k	£498k	£89.4k	£112k	£153k
Net assets	£474k	£377k	£191k	−£108k	−£499k
Fixed assets	£67.6k	£65.4k	£50.9k	£43.3k	£75.3k
Current assets	£1.8m	£1.6m	£1m	£911k	£650k
Debtors	£56.6k	£35.5k	£144k	£156k	£80.2k
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · 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: −19.6%; Profit ÷ revenue.
Gross margin: 72.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £42.4k; Revenue ÷ average employees.
Profit per employee: −£8.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4%; 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: —; Now −£499k
Cash at bank: ▲36%; Now £153k
Headcount: ▼15%; Now 47
Deferred income: —; Now —
Fixed assets: ▲74%; Now £75.3k

Corporate ownership

Group structure

Ownership chain

MGM UK Hotels Holdings Limitedultimate parent75–100%
Verinica Ventures Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (18)

Highland Coaches LimitedRev. £4.7m · Profit £566k
Bright Ventures LimitedRev. £3m · Profit £183k
Newton Hotel Management LimitedRev. £2.1m · Profit £113k
Westcliff Ventures LimitedRev. £1.2m · Profit £6.1k
Euphrasia Ventures LimitedRev. £216k · Profit £214k
Newton Asset LimitedRev. £165k · Profit £122k
Fatima Ventures LimitedRev. £150k · Profit £111k
Alexandra Asset LimitedRev. £117k · Profit £15.1k
Ben Doran Asset LimitedRev. £86k · Profit £14.1k
Lourdes Ventures LimitedRev. £80k · Profit £55.7k
Roya Asset Investment LimitedRev. £64k · Profit £1.9k
Dalmally Asset Investment LimitedRev. £14k · Profit £9.4k
Ben Doran Management LimitedRev. £0 · Profit −£1.5k
Damally Management LimitedRev. £0 · Profit −£9.1k
Luxury Highland Transports LimitedRev. £0 · Profit −£2k
Alexandra Hotel Management LimitedFigures not disclosed
London Holiday LimitedFigures not disclosed
MGM Muthu Hotels LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers 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 −£391k), 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.