How much does VF Northern Europe Services Limited make?

VF Northern Europe Services Limited reported revenue of £294k and £3.8k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does VF Northern Europe Services Limited have?

VF Northern Europe Services Limited reported an average of 1,029 employees in the year to 31 Mar 2023.

Is VF Northern Europe Services Limited profitable?

Yes — VF Northern Europe Services Limited reported a profit of £3.8k in the year to 31 Mar 2023.

Company No. SC081872 · Incorporated 18 Feb 1983

VF Northern Europe Services Limited

Registered name: VF NORTHERN EUROPE SERVICES LIMITED

VF Northern Europe Services Limited made £294k revenue and £3.8k profit in the year to 31 Mar 2023.

VF Northern Europe Services Limited’s revenue grew 4% to £294k in the year to 31 Mar 2023, with £3.8k profit and 1,029 employees. The company is classified under “retail sale of clothing in specialised stores” 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 47710Retail sale of clothing in specialised stores

Status: Active
Location: Edinburgh, Scotland
Age: 43 yrs · since 1983
Type: Private Limited Company

Latest accounts · year to 31 Mar 2023

Key figures

IndependentCapital-lightOperating leverageDoing more with less

Revenue

£294k

Growth ▲3.7%

Profit

£3.8k

Growth ▲51.5%

Profit margin

1.3%

Gross 1.5%

Employees

1,029

Change ▼3.4%

Profit / employee

£4

Revenue/employee £285

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)	£283k	£294k
Cost of sales	£279k	£289k
Gross profit	£4k	£4.3k
Operating profit	£4.2k	£4.3k
Profit before tax	£4.1k	£4.3k
Profit after tax	£2.5k	£3.8k
Profit (best available)	£2.5k	£3.8k
Employees (average)	1,065	1,029
Ratios
Profit margin	0.9%	1.3%
Gross margin	1.4%	1.5%
Revenue per employee	£266	£285
Profit per employee	£2	£4
Growth (year on year)
Revenue growth	—	▲3.7%
Profit growth	—	▲51.5%
Headcount growth	—	▼3.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£71	£5.9k
Net assets	£27.4k	£31.3k
Fixed assets	£13k	£13.2k
Current assets	£52.4k	£42.6k
Debtors	£39.3k	£22.2k
Deferred income	£5.6k	£6.1k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 1.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £285; Revenue ÷ average employees.
Profit per employee: £4; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.6%; 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: ▲14%; Now £31.3k
Cash at bank: ▲8276%; Now £5.9k
Headcount: ▼3%; Now 1,029
Deferred income: ▲9%; Now £6.1k
Fixed assets: ▲2%; Now £13.2k

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 £3.8k), 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.