How much does VF Northern Europe Limited make?

VF Northern Europe Limited reported revenue of £402k and £7.8k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does VF Northern Europe Limited have?

VF Northern Europe Limited reported an average of 748 employees in the year to 31 Mar 2023.

Is VF Northern Europe Limited profitable?

Yes — VF Northern Europe Limited reported a profit of £7.8k in the year to 31 Mar 2023.

Company No. SC047368 · Incorporated 30 Mar 1970

VF Northern Europe Limited

Registered name: VF NORTHERN EUROPE LIMITED

VF Northern Europe Limited made £402k revenue and £7.8k profit in the year to 31 Mar 2023.

VF Northern Europe Limited’s revenue grew 7% to £402k in the year to 31 Mar 2023, with £7.8k profit and 748 employees. The company is classified under “wholesale of clothing and footwear” and is based in Edinburgh; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46420Wholesale of clothing and footwear

Status: Active
Location: Edinburgh, Scotland
Age: 56 yrs · since 1970
Type: Private Limited Company

Latest accounts · year to 31 Mar 2023

Key figures

IndependentOperating leverage

Revenue

£402k

Growth ▲7.5%

Profit

£7.8k

Growth ▲69.4%

Profit margin

1.9%

Gross 19.3%

Employees

748

Change ▲18.2%

Profit / employee

£10

Revenue/employee £537

Profitable streak

2yrs

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 to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£374k	£402k
Cost of sales	£300k	£324k
Gross profit	£73.4k	£77.4k
Operating profit	£9.4k	£10.1k
Profit before tax	£9.4k	£9.9k
Profit after tax	£4.6k	£7.8k
Profit (best available)	£4.6k	£7.8k
Employees (average)	633	748
Ratios
Profit margin	1.2%	1.9%
Gross margin	19.6%	19.3%
Revenue per employee	£591	£537
Profit per employee	£7	£10
Growth (year on year)
Revenue growth	—	▲7.5%
Profit growth	—	▲69.4%
Headcount growth	—	▲18.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£9.6k	£14.3k
Net assets	£81.4k	£82.2k
Fixed assets	£72.6k	£58.8k
Current assets	£62.4k	£72.2k
Debtors	£49.8k	£52k
Deferred income	£6.3k	£6.1k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 1.9%; Profit ÷ revenue.
Gross margin: 19.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £537; Revenue ÷ average employees.
Profit per employee: £10; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.9%; 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: ▲1%; Now £82.2k
Cash at bank: ▲50%; Now £14.3k
Headcount: ▲18%; Now 748
Deferred income: ▼3%; Now £6.1k
Fixed assets: ▼19%; Now £58.8k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Minority corporate shareholders

Vf Corporation (registered outside the UK register)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £7.8k), from the Companies House accounts bulk data published Dec 2023. 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.