VENSON AUTOMOTIVE SOLUTIONS LIMITED

1. VENSON AUTOMOTIVE SOLUTIONS LIMITED 2000-03-10 → present
2. VENSON PROFESSIONAL CONTRACTS LIMITED 1994-11-02 → 2000-03-10
3. UDFM LIMITED. 1993-09-01 → 1994-11-02
4. VENSON SERVICES LIMITED 1992-06-23 → 1993-09-01
5. BOOKRACE LIMITED 1992-05-13 → 1992-06-23

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have received confirmation that this funding will not be withdrawn within the year of the date of approval of these financial statements. In addition, Dermot Desmond, the ultimate beneficial owner of Premier, has confirmed that he is fully supportive of the Group and has agreed to review on its merits any requests for additional working capital support, if required, to enable the Group to meet its liabilities as they fall due for a period of at least 12 months from the date of signing of the statutory accounts for the year ended 31 December 2024.”

Significant events

• “Operationally the company continued its focus on "Customer First" which resulted in a number of contract wins during 2024 and a customer retention rate of 90% (2023: 98%).”
• “The industry in general suffered from a sharp decrease in the price of new electric vehicles which impacted resale values.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -3.6%

  £19,472,142 → £18,770,742

• Cash

  +5,302.8%

  £42,444 → £2,293,153

• Net assets

  +1.2%

  £15,161,918 → £15,340,980

• Employees

  -1.6%

  63 → 62

• Operating profit

  -24.8%

  £792,503 → £596,018

• Profit before tax

  -32.4%

  £482,012 → £325,651

• Wages

  -0.7%

  £2,735,248 → £2,715,632

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers