Vertus 10 George Street Limited
Registered name: VERTUS 10 GEORGE STREET LIMITED
Part of Wood Wharf E1/2 GP Limited groupVertus 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full 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) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | 2.8% | 2.8% | 2.6% |
| Gross margin | 1.3% | 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 |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Jul 2026 |
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.
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.
Group structure
Ownership chain
- Wood Wharf E1/2 GP Limitedultimate parent75–100%
- Vertus E1/2 Holdings Limited75–100%
- Vertus E1/2 Limited75–100%
- 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).
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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.