Verilocation Holdco Limited
Registered name: VERILOCATION HOLDCO LIMITED
Part of Brillian UK Limited groupVerilocation Holdco Limited made £15.5m revenue and a £8.5m loss in the year to 31 Dec 2024.
Verilocation Holdco Limited’s revenue grew 13% to £15.5m in the year to 31 Dec 2024, with a loss of £8.5m and 94 employees. The company is classified under “activities of other holding companies” and is based in Northampton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Northampton, East Midlands
- Age
- 6 yrs · since 2020
- 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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £13.7m | £15.5m |
| Cost of sales | −£10m | −£9.6m |
| Gross profit | £3.7m | £6m |
| Operating profit | −£11.9m | −£2.6m |
| Profit before tax | −£16.6m | −£8.7m |
| Profit after tax | −£16.4m | −£8.5m |
| Profit (best available) | −£16.4m | −£8.5m |
| Employees (average) | 118 | 94 |
| Ratios | ||
| Profit margin | −119.3% | −54.8% |
| Gross margin | 27% | 38.3% |
| Revenue per employee | £116k | £165k |
| Profit per employee | −£139k | −£90.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▲13% |
| Headcount growth | — | ▼20.3% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −54.8%
- Profit ÷ revenue.
- Gross margin
- 38.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £165k
- Revenue ÷ average employees.
- Profit per employee
- −£90.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- 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.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼20%
- Now 94
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Brillian UK Limitedultimate parent75–100%
- Verilocation Holdco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Connexas Holdings LimitedFigures not disclosed
Sister companies (12)
- Box Telematics LimitedFigures not disclosed
- Clarity Rfid LimitedFigures not disclosed
- Data Driven Telematics LtdFigures not disclosed
- DCS Systems LimitedFigures not disclosed
- Drams Software LimitedFigures not disclosed
- Gaina LimitedFigures not disclosed
- Interactive Projects LimitedFigures not disclosed
- Roadsense Technology LtdFigures not disclosed
- Route Monkey LimitedFigures not disclosed
- Trakm8 Holdings LimitedFigures not disclosed
- Trakm8 LimitedFigures not disclosed
- Worldwide Chain Stores LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£8.5m), from the Companies House accounts bulk data published Sep 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.