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Company No. 12369674 · Incorporated 18 Dec 2019

Winchester V.e Limited

Registered name: WINCHESTER V.E LIMITED

Part of Grandvision N.V. group

Winchester V.e Limited made £931k revenue and £32k profit in the year to 31 Dec 2025. read from filing text

Winchester V.e Limited’s revenue fell 5% to £931k in the year to 31 Dec 2025, with £32k profit and 8 employees. The company is classified under “other service activities” and is based in Nottingham; we hold 4 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
Nottingham, East Midlands
Age
6 yrs · since 2019
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: “The immediate controlling party of the company is Abbeyfield V.E. Limited, a company incorporated in the United Kingdom. A copy of their financial statements can be obtained from Mere Way, Ruddington ”

Latest accounts · year to 31 Dec 2025

Key figures

Small teamCapital-light
Revenue
£931k
Growth ▼4.5%
Profit
£32k
Growth ▲18.5%
Profit margin
3.4%
Gross 65.6%
Employees
8
Change 0%
Profit / employee
£4k
Revenue/employee £116k
Profitable streak
4yrs
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 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£756k£954k£975k£931k
Cost of sales£232k£305k£338k£320k
Gross profit£524k£649k£637k£611k
Operating profit——£30k£34k
Profit before tax£78k£42k£35k£43k
Profit after tax£63k£33k£27k£32k
Profit (best available)£63k£33k£27k£32k
Staff costs£238k£270k£249k£257k
Employees (average)121188
Ratios
Profit margin8.3%3.5%2.8%3.4%
Gross margin69.3%68%65.3%65.6%
Revenue per employee£63k£86.7k£122k£116k
Profit per employee£5.3k£3k£3.4k£4k
Growth (year on year)
Revenue growth—▲26.2%▲2.2%▼4.5%
Profit growth—▼47.6%▼18.2%▲18.5%
Headcount growth—▼8.3%▼27.3%0%
Balance sheet — indirect signals, not revenue
Cash at bank£6k£9k£0£1k
Net assets£63k£71k£98k£122k
Fixed assets£104k£81k£47k£33k
Current assets£154k£156k£241k£249k
Debtors£103k£87k£165k£174k
Deferred income£39k£47k£27k£46k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
3.4%
Profit ÷ revenue.
Gross margin
65.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£116k
Revenue ÷ average employees.
Profit per employee
£4k
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
4.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
18.7%
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
▲24%
Now £122k
Cash at bank
—
Now £1k
Headcount
0%
Now 8
Deferred income
▲70%
Now £46k
Fixed assets
▼30%
Now £33k

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. Grandvision N.V. (registered outside the UK register)ultimate parent75–100%
  2. Vision Express Limited75–100%
  3. Vision Express Group Limited75–100%
  4. Vision Express (UK) Limited75–100%
  5. Abbeyfield V.e. Limited50–75%
  6. Winchester V.e Limitedthis company

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

Sister companies (55)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £32k), 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.