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.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 61 yrs · since 1965
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full 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) | 59 | 55 | 53 |
| Ratios | |||
| Profit margin | 3.1% | 6.5% | 8.2% |
| Gross margin | 15.5% | 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 |
| Source | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Apr 2026 |
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.
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.
Similar profitable businesses
- Lovie Construction LimitedFraserburgh · Construction of commercial buildings
- Revenue
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- Profit
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- Staff
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- Premier Road Surfacing LimitedLeicester · Construction of commercial buildings
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- Spark's Mechanical Services LimitedAberdeen · Construction of commercial buildings
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- Illingworth & Gregory LimitedHull · Construction of commercial buildings
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- Caxton Facades LimitedStoke-on-Trent · Construction of commercial buildings
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- Profit
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- Staff
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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.