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Company No. 15233370 · Incorporated 24 Oct 2023

Velvet Edge Properties Ltd

Registered name: VELVET EDGE PROPERTIES LTD

Velvet Edge Properties Ltd made £33.3k revenue and a £3.2k loss in the year to 31 Oct 2025.

Velvet Edge Properties Ltd’s revenue was £33.3k in the year to 31 Oct 2025, with a loss of £3.2k and 1 employee. The company is classified under “other letting and operating of own or leased real estate” and is based in Leeds; we hold 2 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate
Status
Active
Location
Leeds, Yorkshire and The Humber
Age
2 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 31 Oct 2025

Key figures

IndependentSmall team
Revenue
£33.3k
Growth —
Profit
−£3.2k
Growth —
Profit margin
−9.5%
Gross 54.1%
Employees
1
Change ▼50%
Profit / employee
−£3.2k
Revenue/employee £33.3k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 202431 Oct 2025
DisclosureProfit onlyFull P&L
Profit & loss
Revenue (turnover)—£33.3k
Cost of sales£18k£15.3k
Gross profit−£18k£18k
Operating profit−£60.4k−£3k
Profit before tax−£60.4k−£3.2k
Profit after tax−£60.4k−£3.2k
Profit (best available)−£60.4k−£3.2k
Employees (average)21
Ratios
Profit margin—−9.5%
Gross margin—54.1%
Revenue per employee—£33.3k
Profit per employee−£30.2k−£3.2k
Growth (year on year)
Headcount growth—▼50%
Balance sheet — indirect signals, not revenue
Cash at bank£33.8k£42.3k
Net assets−£60.4k−£63.6k
Fixed assets£200k£202k
SourceFullAccounts · bulk data Jul 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
−9.5%
Profit ÷ revenue.
Gross margin
54.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£33.3k
Revenue ÷ average employees.
Profit per employee
−£3.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
606.6%
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.
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
—
Now −£63.6k
Cash at bank
▲25%
Now £42.3k
Headcount
▼50%
Now 1
Deferred income
—
Now —
Fixed assets
▲1%
Now £202k

Sources

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit −£3.2k), from the Companies House accounts bulk data published Jul 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.