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Company No. 02729319 · Incorporated 7 Jul 1992

Velmex Computer Systems Ltd

Registered name: VELMEX COMPUTER SYSTEMS LTD

Velmex Computer Systems Ltd made £8.2m revenue and £337k profit in the year to 31 Jul 2025.

Velmex Computer Systems Ltd’s revenue fell 9% to £8.2m in the year to 31 Jul 2025, with £337k profit and 14 employees. The company is classified under “wholesale of other office machinery and equipment” and is based in Leatherhead; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46660Wholesale of other office machinery and equipment
Status
Active
Location
Leatherhead, London
Age
34 yrs · since 1992
Type
Private Limited Company
Latest accounts · year to 31 Jul 2025

Key figures

IndependentCapital-light
Revenue
£8.2m
Growth ▼9.1%
Profit
£337k
Growth ▲17.8%
Profit margin
4.1%
Gross 20.1%
Employees
14
Change ▼6.7%
Profit / employee
£24.1k
Revenue/employee £585k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jul 202231 Jul 202331 Jul 202431 Jul 2025
DisclosureNo P&LNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)——£9m£8.2m
Cost of sales——£7.5m£6.5m
Gross profit——£1.5m£1.6m
Operating profit——£323k£429k
Profit before tax——£323k£429k
Profit after tax——£286k£337k
Profit (best available)——£286k£337k
Employees (average)16161514
Ratios
Profit margin——3.2%4.1%
Gross margin——16.3%20.1%
Revenue per employee——£600k£585k
Profit per employee——£19.1k£24.1k
Growth (year on year)
Revenue growth———▼9.1%
Profit growth———▲17.8%
Headcount growth—0%▼6.3%▼6.7%
Balance sheet — indirect signals, not revenue
Cash at bank£97.7k£211k£260k£159k
Net assets£811k£815k£844k£846k
Fixed assets£6.3k£5k£32.2k£38.9k
Current assets£3m£2.8m£3m£2.8m
Debtors£1.7m£1.4m£1.4m£1.4m
Deferred income£46.2k£25k£25k£25k
SourceFullAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2025FullAccounts · bulk data Apr 2026
Derived from the latest filing

How the business works

Profit margin
4.1%
Profit ÷ revenue.
Gross margin
20.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£585k
Revenue ÷ average employees.
Profit per employee
£24.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
16.6%
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
▲0%
Now £846k
Cash at bank
▼39%
Now £159k
Headcount
▼7%
Now 14
Deferred income
0%
Now £25k
Fixed assets
▲21%
Now £38.9k

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 FullAccounts for the year to 31 Jul 2025 (profit £337k), 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.