How much does Vea Group Limited make?

Vea Group Limited reported revenue of £32.6m and £7.4m profit in the year to 28 Feb 2026, according to its accounts filed at Companies House.

How many employees does Vea Group Limited have?

Vea Group Limited reported an average of 127 employees in the year to 28 Feb 2026.

Is Vea Group Limited profitable?

Yes — Vea Group Limited reported a profit of £7.4m in the year to 28 Feb 2026.

Company No. 13433533 · Incorporated 2 Jun 2021

Vea Group Limited

Registered name: VEA GROUP LIMITED

Vea Group Limited made £32.6m revenue and £7.4m profit in the year to 28 Feb 2026.

Vea Group Limited’s revenue grew 55% to £32.6m in the year to 28 Feb 2026, with £7.4m profit and 127 employees. The company is classified under “construction of utility projects for electricity and telecommunications” and is based in Bracknell; we hold 5 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42220Construction of utility projects for electricity and telecommunications SIC 61900Other telecommunications activities

Status: Active
Location: Bracknell, South East
Age: 5 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 28 Feb 2026

Key figures

IndependentCapital-lightYoung and profitableOperating leverageCash flow filed

Revenue

£32.6m

Growth ▲54.6%

Profit

£7.4m

Growth ▲194.9%

Profit margin

22.8%

Gross 43.2%

Employees

127

Change ▲22.1%

Profit / employee

£58.5k

Revenue/employee £256k

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.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2022	28 Feb 2023	29 Feb 2024	28 Feb 2025	28 Feb 2026
Disclosure	Profit only	Profit only	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£11.9m	£21.1m	£32.6m
Cost of sales	—	—	£9m	£14.2m	£18.5m
Gross profit	—	—	£2.9m	£6.9m	£14.1m
Operating profit	—	—	£2.1m	£3.3m	£9.8m
Profit before tax	—	—	£2.1m	£3.3m	£10m
Profit after tax	−£459k	£496k	£1.6m	£2.5m	£7.4m
Profit (best available)	−£459k	£496k	£1.6m	£2.5m	£7.4m
Staff costs	—	—	£3.6m	£7.7m	£9.5m
Employees (average)	23	54	74	104	127
Ratios
Profit margin	—	—	13.2%	12%	22.8%
Gross margin	—	—	24.4%	32.6%	43.2%
Revenue per employee	—	—	£161k	£202k	£256k
Profit per employee	−£19.9k	£9.2k	£21.3k	£24.2k	£58.5k
Cash conversion	—	—	56.5%	175.7%	56.5%
Growth (year on year)
Revenue growth	—	—	—	▲76.9%	▲54.6%
Profit growth	—	—	▲217.8%	▲59.9%	▲194.9%
Headcount growth	—	—	▲37%	▲40.5%	▲22.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£147k	£424k	£1.4m	£7.1m	£12.7m
Net assets	−£458k	£37.2k	£1.6m	£4.1m	£11.6m
Fixed assets	£78.4k	£97.8k	£244k	£278k	£190k
Current assets	£882k	£1.6m	£3.6m	£9.4m	£15.6m
Debtors	£607k	£938k	£1.7m	£2.1m	£2.6m
Deferred income	£144k	£179k	£165k	£2.6m	£1.1m
Cash from operations	—	—	£1.2m	£5.8m	£5.5m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	Accounts · bulk data Jun 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 22.8%; Profit ÷ revenue.
Gross margin: 43.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £256k; Revenue ÷ average employees.
Profit per employee: £58.5k; Profit ÷ average employees.
Cash conversion: 56.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.1%; 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: ▲180%; Now £11.6m
Cash at bank: ▲79%; Now £12.7m
Headcount: ▲22%; Now 127
Deferred income: ▼57%; Now £1.1m
Fixed assets: ▼32%; Now £190k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £7.4m), from the Companies House accounts bulk data published Jun 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.