How much does Venture Scotland make?

Venture Scotland reported revenue of £654k and £15.5k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Venture Scotland have?

Venture Scotland reported an average of 13 employees in the year to 31 Mar 2023.

Is Venture Scotland profitable?

Yes — Venture Scotland reported a profit of £15.5k in the year to 31 Mar 2023.

Company No. SC216291 · Incorporated 1 Mar 2001

Venture Scotland

Registered name: VENTURE SCOTLAND

Venture Scotland made £654k revenue and £15.5k profit in the year to 31 Mar 2023.

Venture Scotland’s revenue was £654k in the year to 31 Mar 2023, with £15.5k profit and 13 employees. The company is classified under “other business support service activities” and is based in Edinburgh; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Edinburgh, Scotland
Age: 25 yrs · since 2001
Type: PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

Latest accounts · year to 31 Mar 2023

Key figures

Independent

Revenue

£654k

Growth ▼0.4%

Profit

£15.5k

Growth ▼90.1%

Profit margin

2.4%

Gross 2.4%

Employees

Change ▲30%

Profit / employee

£1.2k

Revenue/employee £50.3k

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)	£656k	£654k
Cost of sales	£500k	£638k
Gross profit	£157k	£15.5k
Operating profit	£157k	£15.5k
Profit before tax	£157k	£15.5k
Profit after tax	£157k	£15.5k
Profit (best available)	£157k	£15.5k
Employees (average)	10	13
Ratios
Profit margin	23.9%	2.4%
Gross margin	23.9%	2.4%
Revenue per employee	£65.6k	£50.3k
Profit per employee	£15.7k	£1.2k
Growth (year on year)
Revenue growth	—	▼0.4%
Profit growth	—	▼90.1%
Headcount growth	—	▲30%
Balance sheet — indirect signals, not revenue
Cash at bank	£531k	£484k
Net assets	£516k	£532k
Fixed assets	£36k	£71.9k
Current assets	£548k	£498k
Debtors	£17k	£13.7k
Deferred income	£44.9k	£7k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: 2.4%; Profit ÷ revenue.
Gross margin: 2.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £50.3k; Revenue ÷ average employees.
Profit per employee: £1.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 11%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.1%; 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: ▲3%; Now £532k
Cash at bank: ▼9%; Now £484k
Headcount: ▲30%; Now 13
Deferred income: ▼84%; Now £7k
Fixed assets: ▲100%; Now £71.9k

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

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit £15.5k), from the Companies House accounts bulk data published Oct 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.