Vel Group Topco Limited
Registered name: VEL GROUP TOPCO LIMITED
Part of NVM GP LLP groupVel Group Topco Limited made £0 profit in the year to 31 Mar 2025 (revenue not disclosed).
Vel Group Topco Limited reported £0 profit in the year to 31 Mar 2025; its revenue was not disclosed. It had 0 employees. The company is classified under “activities of other holding companies” and is based in Watford.
- Status
- Active
- Location
- Watford, East of England
- Age
- 2 yrs · since 2023
- 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
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2025 |
|---|---|
| Disclosure | Profit only |
| Profit & loss | |
| Revenue (turnover) | — |
| Cost of sales | £17.3m |
| Profit after tax | £0 |
| Profit (best available) | £0 |
| Staff costs | £0 |
| Employees (average) | 0 |
| Ratios | |
| Profit margin | — |
| Balance sheet — indirect signals, not revenue | |
| Cash at bank | £1m |
| Net assets | −£3.2m |
| Fixed assets | £1.1m |
| Debtors | £0 |
| Deferred income | £0 |
| Source | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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 −£3.2m
- Cash at bank
- —
- Now £1m
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £0
- Fixed assets
- —
- Now £1.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- NVM GP LLPultimate parent75–100%
- Vel Group Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Vel Group Bidco LimitedRev. — · Profit −£3.1m
Sister companies (3)
- Project Ignition Topco LimitedFigures not disclosed
- Project Techcon Topco LimitedRev. — · Profit −£19.6k
- Zinc Group Topco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £0), 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.