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Company No. 12229329 · Incorporated 26 Sep 2019

Vertus 10 George Street Limited

Registered name: VERTUS 10 GEORGE STREET LIMITED

Part of Wood Wharf E1/2 GP Limited group

Vertus 10 George Street Limited made £13.2m revenue and £344k profit in the year to 31 Dec 2025.

Vertus 10 George Street Limited’s revenue grew 11% to £13.2m in the year to 31 Dec 2025, with £344k profit and 0 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Canary Wharf; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate
Status
Active
Location
Canary Wharf, London
Age
7 yrs · since 2019
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.

Latest accounts · year to 31 Dec 2025

Key figures

Small team
Revenue
£13.2m
Growth ▲10.8%
Profit
£344k
Growth ▲2%
Profit margin
2.6%
Gross 1.9%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£12.1m£11.9m£13.2m
Cost of sales£11.9m£11.6m£13m
Gross profit£153k£298k£248k
Operating profit£110k£78.8k£226k
Profit before tax£342k£337k£381k
Profit after tax£342k£337k£344k
Profit (best available)£342k£337k£344k
Employees (average)000
Ratios
Profit margin2.8%2.8%2.6%
Gross margin1.3%2.5%1.9%
Growth (year on year)
Revenue growth—▼1.5%▲10.8%
Profit growth—▼1.5%▲2%
Balance sheet — indirect signals, not revenue
Cash at bank£5.2m£4.7m£4.5m
Net assets£2.8m£3.1m£2.9m
Fixed assets£2.1m£2.1m£2.3m
Current assets£7.4m£11.4m£10.7m
Debtors£1.1m£410k£602k
Deferred income£4.3m£4.7m£4.5m
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
2.6%
Profit ÷ revenue.
Gross margin
1.9%
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
17.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
33.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
4.6%
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
▼6%
Now £2.9m
Cash at bank
▼5%
Now £4.5m
Headcount
—
Now 0
Deferred income
▼5%
Now £4.5m
Fixed assets
▲7%
Now £2.3m

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

Corporate ownership

Group structure

Ownership chain

  1. Wood Wharf E1/2 GP Limitedultimate parent75–100%
  2. Vertus E1/2 Holdings Limited75–100%
  3. Vertus E1/2 Limited75–100%
  4. Vertus 10 George Street Limitedthis company

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

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £344k), from the Companies House accounts bulk data published Jul 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.