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Company No. SC042401 · Incorporated 14 Jul 1965

Veitchi Interiors Limited

Registered name: VEITCHI INTERIORS LIMITED

Veitchi Interiors Limited made £10.5m revenue and £858k profit in the year to 30 Nov 2025. read from filing text

Veitchi Interiors Limited’s revenue fell 18% to £10.5m in the year to 30 Nov 2025, with £858k profit and 53 employees. The company is classified under “construction of commercial buildings” and is based in Glasgow; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings
Status
Active
Location
Glasgow, Scotland
Age
61 yrs · since 1965
Type
Private Limited Company
Latest accounts · year to 30 Nov 2025

Key figures

IndependentCapital-light
Revenue
£10.5m
Growth ▼18.3%
Profit
£858k
Growth ▲3.3%
Profit margin
8.2%
Gross 26.7%
Employees
53
Change ▼3.6%
Profit / employee
£16.2k
Revenue/employee £197k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Nov 202330 Nov 202430 Nov 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£13.4m£12.8m£10.5m
Cost of sales£11.4m£9.9m£7.7m
Gross profit£2.1m£2.9m£2.8m
Operating profit£462k£1.1m—
Profit before tax£462k£1.1m£1.1m
Profit after tax£415k£831k£858k
Profit (best available)£415k£831k£858k
Staff costs£3m£3.5m£2.8m
Employees (average)595553
Ratios
Profit margin3.1%6.5%8.2%
Gross margin15.5%22.4%26.7%
Revenue per employee£228k£233k£197k
Profit per employee£7k£15.1k£16.2k
Growth (year on year)
Revenue growth—▼4.7%▼18.3%
Profit growth—▲100.1%▲3.3%
Headcount growth—▼6.8%▼3.6%
Balance sheet — indirect signals, not revenue
Cash at bank£189k£924k£236k
Net assets£750k£753k£753k
Fixed assets£6.2k£84.2k£58.2k
Current assets£4.9m£6.3m£5.1m
Debtors£577k£388k£454k
Deferred income£2.5m£3.4m£3.2m
SourceFullAccounts · bulk data May 2025FullAccounts · bulk data May 2025FullAccounts · bulk data Apr 2026
Derived from the latest filing

How the business works

Profit margin
8.2%
Profit ÷ revenue.
Gross margin
26.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£197k
Revenue ÷ average employees.
Profit per employee
£16.2k
Profit ÷ average employees.
Cash conversion
—
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
30.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
4.3%
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
▲0%
Now £753k
Cash at bank
▼74%
Now £236k
Headcount
▼4%
Now 53
Deferred income
▼6%
Now £3.2m
Fixed assets
▼31%
Now £58.2k

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

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £858k), from the Companies House accounts bulk data published Apr 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.