Vanrath Holdings Limited
Registered name: VANRATH HOLDINGS LIMITED
Vanrath Holdings Limited made £23.5m revenue and a £3.2m loss in the year to 31 Mar 2025.
Vanrath Holdings Limited’s revenue was £23.5m in the year to 31 Mar 2025, with a loss of £3.2m and 446 employees. The company is classified under “activities of other holding companies” and is based in Belfast; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 8 yrs · since 2018
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | — | £23.5m |
| Cost of sales | — | — | £20.8m |
| Gross profit | — | — | £2.7m |
| Operating profit | — | — | £517k |
| Profit before tax | — | — | −£2.8m |
| Profit after tax | — | — | −£3.2m |
| Profit (best available) | — | — | −£3.2m |
| Employees (average) | 0 | 0 | 446 |
| Ratios | |||
| Profit margin | — | — | −13.4% |
| Gross margin | — | — | 11.7% |
| Revenue per employee | — | — | £52.7k |
| Profit per employee | — | — | −£7.1k |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £0 | £608k | — |
| Net assets | £1.5m | £8.9m | — |
| Fixed assets | £3.3m | £10.9m | — |
| Current assets | £0 | £608k | — |
| Source | AbridgedAccounts · bulk data Jan 2024 | AbridgedAccounts · bulk data Jan 2024 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −13.4%
- Profit ÷ revenue.
- Gross margin
- 11.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £52.7k
- Revenue ÷ average employees.
- Profit per employee
- −£7.1k
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 446
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Vanrath Recruitment LimitedRev. £17.9m · Profit £1m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit −£3.2m), from the Companies House accounts bulk data published Dec 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.