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Company No. 11820086 · Incorporated 11 Feb 2019

Veko Logistics Ltd

Registered name: VEKO LOGISTICS LTD

Veko Logistics Ltd made £649k revenue and £9.1k profit in the year to 28 Feb 2025.

Veko Logistics Ltd’s revenue grew 33% to £649k in the year to 28 Feb 2025, with £9.1k profit and 0 employees. The company is classified under “unlicensed carrier” and is based in Alfreton; we hold 5 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 53202Unlicensed carrier
Status
Active
Location
Alfreton, East Midlands
Age
7 yrs · since 2019
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

IndependentSmall teamCapital-lightOperating leverage
Revenue
£649k
Growth ▲32.9%
Profit
£9.1k
Growth ▲264.2%
Profit margin
1.4%
Gross 92.4%
Employees
0
Change —
Profit / employee
—
 
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.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202228 Feb 202328 Feb 202429 Feb 202428 Feb 2025
DisclosureFull P&LFull P&LNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£254k£719k—£488k£649k
Cost of sales———£39.6k£49.5k
Gross profit———£449k£599k
Operating profit———£2.5k£10k
Profit before tax———£2.5k£10k
Profit after tax£2k£50.5k—£2.5k£9.1k
Profit (best available)£2k£50.5k—£2.5k£9.1k
Staff costs£179k£341k———
Employees (average)—7200
Ratios
Profit margin0.8%7%—0.5%1.4%
Gross margin———91.9%92.4%
Revenue per employee—£103k———
Profit per employee—£7.2k———
Growth (year on year)
Revenue growth—▲183.2%——▲32.9%
Profit growth—▲2468%——▲264.2%
Headcount growth——▼71.4%——
Balance sheet — indirect signals, not revenue
Cash at bank———£31.7k£7.7k
Net assets−£40.9k£9.6k£12k£12k£21.1k
Fixed assets———£28k£22.4k
Current assets—£39.9k£31.7k£31.7k£7.7k
SourceFullAccounts · bulk data Nov 2023FullAccounts · bulk data Nov 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2025FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
1.4%
Profit ÷ revenue.
Gross margin
92.4%
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
3.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
▲75%
Now £21.1k
Cash at bank
▼76%
Now £7.7k
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
▼20%
Now £22.4k
Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £9.1k), from the Companies House accounts bulk data published Nov 2025. 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.