Vesync (UK) Limited
Registered name: VESYNC (UK) LIMITED
Vesync (UK) Limited made £17.1m revenue and £325k profit in the year to 31 Dec 2025. read from filing text
Vesync (UK) Limited’s revenue fell 4% to £17.1m in the year to 31 Dec 2025, with £325k profit and 6 employees. The company is classified under “retail sale of electrical household appliances in specialised stores” and is based in Boston; we hold 7 years of its filed accounts.
- Status
- Active
- Location
- Boston, East of England
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Dec 2022 | 30 Dec 2023 | 31 Dec 2023 | 30 Dec 2024 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | No P&L | Full P&Lread from filing text | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||||
| Revenue (turnover) | — | £3.4m | — | £15.7m | — | £17.8m | £17.1m |
| Cost of sales | £1.7k | £3.5m | — | £12.5m | — | £14.9m | £13.6m |
| Gross profit | — | −£170k | — | £3.3m | — | £2.9m | £3.5m |
| Operating profit | — | −£317k | — | £447k | — | £347k | £434k |
| Profit before tax | £592 | −£317k | — | £447k | — | £348k | £438k |
| Profit after tax | £480 | −£317k | — | £416k | — | £262k | £325k |
| Profit (best available) | £480 | −£317k | — | £416k | — | £262k | £325k |
| Employees (average) | 0 | 0 | — | 2 | — | 3 | 6 |
| Ratios | |||||||
| Profit margin | — | −9.4% | — | 2.6% | — | 1.5% | 1.9% |
| Gross margin | — | −5% | — | 20.9% | — | 16.3% | 20.3% |
| Revenue per employee | — | — | — | £7.9m | — | £5.9m | £2.8m |
| Profit per employee | — | — | — | £208k | — | £87.2k | £54.2k |
| Cash conversion | — | — | — | −361.8% | — | −105.7% | 117% |
| Growth (year on year) | |||||||
| Revenue growth | — | — | — | — | — | — | ▼3.9% |
| Profit growth | — | — | — | — | — | — | ▲24.2% |
| Headcount growth | — | — | — | — | — | — | ▲100% |
| Balance sheet — indirect signals, not revenue | |||||||
| Cash at bank | — | £0 | — | £1.6m | — | £1.9m | £1.3m |
| Net assets | £980 | −£316k | £200 | £101k | £200 | £362k | £687k |
| Fixed assets | — | — | — | — | — | £4k | £5.9k |
| Current assets | £8.1k | £6.6m | — | £13.4m | — | £14.8m | £13.7m |
| Debtors | £3.2k | £2.9k | — | £6.2m | — | £8.7m | £7.4m |
| Deferred income | £0 | £22.1k | — | £2.2m | — | £1.7m | £1.5m |
| Cash from operations | £500 | −£112 | — | −£1.6m | — | −£366k | £508k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 1.9%
- Profit ÷ revenue.
- Gross margin
- 20.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.8m
- Revenue ÷ average employees.
- Profit per employee
- £54.2k
- Profit ÷ average employees.
- Cash conversion
- 117%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 8.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 43.2%
- 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
- ▲90%
- Now £687k
- Cash at bank
- ▼34%
- Now £1.3m
- Headcount
- ▲100%
- Now 6
- Deferred income
- ▼13%
- Now £1.5m
- Fixed assets
- ▲45%
- Now £5.9k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Rdo Kitchens & Appliances LtdSalfords · Retail sale of electrical household appliances in specialised stores
- Revenue
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- Profit
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- Staff
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- Cooks Appliance Centre LimitedNewark · Retail sale of electrical household appliances in specialised stores
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- Rough Trade Retail (UK) LimitedNottingham · Retail sale of electrical household appliances in specialised stores
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- £19.4m
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- RGB Hifi & Video LimitedBasildon · Retail sale of electrical household appliances in specialised stores
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- £19.6m
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- Gillmans Electrical LimitedGloucester · Retail sale of electrical household appliances in specialised stores
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- Tekzone Sound and Vision LimitedDorking · Retail sale of electrical household appliances in specialised stores
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £325k), from the Companies House accounts bulk data published Aug 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.