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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 to31 Mar 202231 Mar 2023
DisclosureFull P&LFull 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)1,0651,029
Ratios
Profit margin0.9%1.3%
Gross margin1.4%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
SourceFullAccounts · bulk data Dec 2023FullAccounts · 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

Similar profitable businesses

Industry benchmarks →

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.