Verve Homecare Sussex Ltd
Registered name: VERVE HOMECARE SUSSEX LTD
Part of Nova Equity Ltd groupVerve Homecare Sussex Ltd made £12.2m revenue and £2m profit in the year to 30 Apr 2025.
Verve Homecare Sussex Ltd’s revenue was £12.2m in the year to 30 Apr 2025, with £2m profit and 47 employees. The company is classified under “specialists medical practice activities” and is based in Littlehampton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Littlehampton, South East
- Age
- 4 yrs · since 2022
- 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: “Verve Homecare Group Ltd”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2023 | 28 Feb 2024 | 29 Feb 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £7.7m | £12.2m |
| Cost of sales | — | — | £6.1m | £7.9m |
| Gross profit | — | — | £1.6m | £4.3m |
| Operating profit | — | — | £540k | £2.8m |
| Profit before tax | — | — | £427k | £2.6m |
| Profit after tax | — | — | £323k | £2m |
| Profit (best available) | — | — | £323k | £2m |
| Staff costs | — | — | £588k | £758k |
| Employees (average) | 9 | 79 | 40 | 47 |
| Ratios | ||||
| Profit margin | — | — | 4.2% | 16% |
| Gross margin | — | — | 20.9% | 35.3% |
| Revenue per employee | — | — | £191k | £260k |
| Profit per employee | — | — | £8.1k | £41.7k |
| Cash conversion | — | — | 307.8% | −123.8% |
| Growth (year on year) | ||||
| Headcount growth | — | ▲777.8% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.8k | £87.8k | £87.8k | £125k |
| Net assets | £227k | £514k | £514k | £114k |
| Current assets | £2.1m | £6m | £6m | £3.8m |
| Debtors | £0 | £2.4m | £2.4m | £1.9m |
| Cash from operations | — | — | £1.7m | −£3.4m |
| Source | FilletedAccounts · bulk data Nov 2024 | FilletedAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 16%
- Profit ÷ revenue.
- Gross margin
- 35.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £260k
- Revenue ÷ average employees.
- Profit per employee
- £41.7k
- Profit ÷ average employees.
- Cash conversion
- −123.8%
- 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
- 15.7%
- 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 £114k
- Cash at bank
- —
- Now £125k
- Headcount
- —
- Now 47
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Nova Equity Ltdultimate parent75–100%
- Verve Homecare Group Ltd75–100%
- Verve Homecare Sussex Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Verve Homecare LtdRev. £23.6m · Profit £3.4m
- CJR Developments LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £2m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.