Vespace International Limited
Registered name: VESPACE INTERNATIONAL LIMITED
Part of Tvi Group Limited groupVespace International Limited made a £707k loss in the year to 31 Mar 2026 (revenue not disclosed).
Vespace International Limited reported a loss of £707k in the year to 31 Mar 2026; its revenue was not disclosed. It had 76 employees. The company is classified under “letting and operating of conference and exhibition centres” and is based in Swindon; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Swindon, South West
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “TVI Group Limited”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L | Profit only |
| Profit & loss | |||||
| Revenue (turnover) | — | £12.8m | £14.3m | £16.1m | — |
| Cost of sales | — | £10.1m | £10.3m | £12.4m | £16.2m |
| Gross profit | — | £2.7m | £4m | £3.7m | — |
| Profit before tax | — | £722k | £720k | £531k | −£947k |
| Profit after tax | — | £579k | £587k | £574k | −£707k |
| Profit (best available) | — | £579k | £587k | £574k | −£707k |
| Staff costs | — | £1.7m | £2.5m | £3.2m | £3.6m |
| Employees (average) | 34 | 47 | 69 | 76 | 76 |
| Ratios | |||||
| Profit margin | — | 4.5% | 4.1% | 3.6% | — |
| Gross margin | — | 21.2% | 28.1% | 23.2% | — |
| Revenue per employee | — | £273k | £208k | £212k | — |
| Profit per employee | — | £12.3k | £8.5k | £7.5k | −£9.3k |
| Growth (year on year) | |||||
| Revenue growth | — | — | ▲11.9% | ▲12.3% | — |
| Profit growth | — | — | ▲1.4% | ▼2.3% | ▼223.3% |
| Headcount growth | — | ▲38.2% | ▲46.8% | ▲10.1% | 0% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £1.3m | £473k | £1.3m | £1.5m | £699k |
| Net assets | £396k | £775k | £958k | £1.5m | £764k |
| Fixed assets | £948k | £1m | £1.8m | £5m | £4.9m |
| Current assets | £3.4m | £4.4m | £3.4m | £7.6m | £6.7m |
| Debtors | £949k | £2.4m | £1.6m | £2.2m | £2.8m |
| Deferred income | — | £1.3m | £1.3m | £5.6m | £4.9m |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Oct 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- −£9.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼50%
- Now £764k
- Cash at bank
- ▼52%
- Now £699k
- Headcount
- 0%
- Now 76
- Deferred income
- ▼13%
- Now £4.9m
- Fixed assets
- ▼2%
- Now £4.9m
Group structure
Ownership chain
- Tvi Group Limitedultimate parent50–75%
- Vespace International Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (8)
- Absolute Corporate Events LimitedFigures not disclosed
- Chilled Agency LimitedFigures not disclosed
- Chilled Events LimitedFigures not disclosed
- Class Events LimitedFigures not disclosed
- K&N Travel Associates LimitedFigures not disclosed
- Media Mirror LimitedFigures not disclosed
- Noble Events LimitedIn Administration/Administrative ReceiverFigures not disclosed
- We Love This LimitedFigures not disclosed
Sister companies (9)
- Class Events LimitedFigures not disclosed
- Greengage Business Solutions LtdFigures not disclosed
- Norvic Aero Engines LimitedFigures not disclosed
- Real Engineering (Yorkshire) LimitedFigures not disclosed
- Safe Shield Software LimitedFigures not disclosed
- Tvi Compliance LimitedFigures not disclosed
- Tvi Distribution LtdFigures not disclosed
- Tvi Investors Club LimitedFigures not disclosed
- Tvi Manufacturing LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit −£707k), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.