Ovg Europe Limited
Registered name: OVG EUROPE LIMITED
Ovg Europe Limited made £155m revenue and £629k profit in the year to 30 Jun 2024.
Ovg Europe Limited’s revenue grew 784% to £155m in the year to 30 Jun 2024, with £629k profit and 1,732 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- 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: “OVG Europe Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2021 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £17.5m | £155m |
| Cost of sales | — | — | −£15.6m | −£95.2m |
| Gross profit | — | — | £1.9m | £59.4m |
| Operating profit | — | — | −£14.6m | £2.7m |
| Profit before tax | — | — | −£14.7m | £2.4m |
| Profit after tax | — | — | −£9.8m | £629k |
| Profit (best available) | — | — | −£9.8m | £629k |
| Employees (average) | 10 | 18 | 1,500 | 1,732 |
| Ratios | ||||
| Profit margin | — | — | −56.1% | 0.4% |
| Gross margin | — | — | 10.8% | 38.4% |
| Revenue per employee | — | — | £11.7k | £89.3k |
| Profit per employee | — | — | −£6.5k | £363 |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲784.3% |
| Headcount growth | — | ▲80% | ▲8233% | ▲15.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £897k | £167k | — | — |
| Net assets | −£8.4m | −£13m | — | — |
| Fixed assets | £16.7k | £17.6k | — | — |
| Current assets | £967k | £514k | — | — |
| Debtors | £0 | £86.8k | — | — |
| Deferred income | £323k | £600k | — | — |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | Accounts · bulk data Apr 2026 | Accounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 38.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £89.3k
- Revenue ÷ average employees.
- Profit per employee
- £363
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲15%
- Now 1,732
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (4)
- Chrysalis Leisure Management LimitedFigures not disclosed
- Ovg Europe Hospitality Holdings LimitedFigures not disclosed
- Ovg Manchester Facilities LimitedFigures not disclosed
- Ovg Manchester Sales Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Rentokil Initial PLCCrawley · Other business support service activities n.e.c.
- Revenue
- £6.9bn
- Profit
- £290m
- Staff
- —
- Avios Group (Agl) LimitedHarmondsworth · Other business support service activities n.e.c.
- Revenue
- £1.7bn
- Profit
- £280m
- Staff
- 706
- Gatwick Airport Finance PLCLondon · Other business support service activities n.e.c.
- Revenue
- £1.1bn
- Profit
- £250m
- Staff
- —
- Quadgas Midco LimitedCoventry · Other business support service activities n.e.c.
- Revenue
- £2.5bn
- Profit
- £239m
- Staff
- 5,923
- Itv PLCLondon · Other business support service activities n.e.c.
- Revenue
- £3.5bn
- Profit
- £225m
- Staff
- —
- Compare the Market LimitedPeterborough · Other business support service activities n.e.c.
- Revenue
- £602m
- Profit
- £177m
- Staff
- 737
Sources
Latest figures from accounts for the year to 30 Jun 2024 (profit £629k), 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.