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Company No. 12188494 · Incorporated 4 Sep 2019

Veja UK Ltd

Registered name: VEJA UK LTD

Veja UK Ltd made £19.1m revenue and £1.2m profit in the year to 31 Dec 2024.

Veja UK Ltd’s revenue fell 13% to £19.1m in the year to 31 Dec 2024, with £1.2m profit and 11 employees. The company is classified under “wholesale of clothing and footwear” and is based in London; we hold 4 years of its filed accounts.

Status
Active
Location
London, London
Age
7 yrs · since 2019
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-light
Revenue
£19.1m
Growth ▼12.6%
Profit
£1.2m
Growth ▲13.6%
Profit margin
6.5%
Gross 24.1%
Employees
11
Change —
Profit / employee
£113k
Revenue/employee £1.7m
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 to31 Dec 202131 Dec 202231 Dec 202331 Dec 2024
DisclosureNo P&LNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)——£21.8m£19.1m
Cost of sales——£20.3m£14.5m
Gross profit——£1.6m£4.6m
Operating profit——£1.4m£1.7m
Profit before tax——£1.4m£1.7m
Profit after tax——£1.1m£1.2m
Profit (best available)——£1.1m£1.2m
Employees (average)33011
Ratios
Profit margin——5%6.5%
Gross margin——7.2%24.1%
Revenue per employee———£1.7m
Profit per employee———£113k
Growth (year on year)
Revenue growth———▼12.6%
Profit growth———▲13.6%
Headcount growth—0%▼100%—
Balance sheet — indirect signals, not revenue
Cash at bank£897k£8m£10m£8.8m
Net assets£70.2k£5.2m£6.3m£7.5m
Fixed assets—£0£82.8k£862k
Current assets£4.3m£13.4m£17.4m£14m
Debtors£119k£1.3m£1.1m£1.7m
Deferred income£186k£3.8m£463k£102k
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023FullAccounts · bulk data Aug 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
6.5%
Profit ÷ revenue.
Gross margin
24.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.7m
Revenue ÷ average employees.
Profit per employee
£113k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9%
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
▲20%
Now £7.5m
Cash at bank
▼12%
Now £8.8m
Headcount
—
Now 11
Deferred income
▼78%
Now £102k
Fixed assets
▲942%
Now £862k

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

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.2m), from the Companies House accounts bulk data published Oct 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.