VF SERVICES (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-13 (in 1y)
Last made up 2026-04-29
Watchouts
None on the register
Cash
£2M
-1.3% vs 2023
Net assets
£4M
-5.4% vs 2023
Employees
364
+13.8% vs 2023
Profit before tax
-£766K
-165.7% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £19,808,391 | £29,610,816 | |
| Operating profit | £1,310,773 | -£202,263 | |
| Profit before tax | £1,165,926 | -£765,605 | |
| Net profit | £1,157,580 | -£516,881 | |
| Cash | £1,537,545 | £1,517,290 | |
| Total assets less current liabilities | £6,222,965 | £5,006,702 | |
| Net assets | £4,127,949 | £3,905,547 | |
| Equity | £4,127,949 | £3,905,547 | |
| Average employees | 320 | 364 | |
| Wages | £11,450,653 | £13,377,260 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 6.6% | -0.7% | |
| Net margin | 5.8% | -1.7% | |
| Return on capital employed | 21.1% | -4.0% | |
| Gearing (liabilities / total assets) | 84.7% | 87.3% | |
| Current ratio | 0.56x | 0.57x | |
| Interest cover | 1.66x | -0.24x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“VF Worldwide Holdings Limited has confirmed that it will continue to provide financial support as necessary to enable the company to meet its financial obligations as they fall due for a period upto 30th September 2026. The directors are satisfied that VF Worldwide Holdings Limited have sufficient available resources to provide such financial support. For this reason the directors consider it appropriate to prepare the financial statements on the going concern basis.”
Group structure
- VF SERVICES (UK) LIMITED · parent
- VF Services Germany GmbH 100%
- VFS Global Poland Sp.Z.o.o. 100%
- VFS Global Services Nigeria Ltd 99%
- VFS Services Denmark APS 100%
- VFS Global Portugal, Unipessoal LDA 100%
- VFS Global Services Lithuania UAB 100%
- VFS Global Services ROM SRL 95%
- VFS Global Services Czech s.r.o. 100%
- VFS Global Hellas Single Member PC 100%
- VFS Visa Processing (South Africa)(Proprietary) Limited 100%
- VFS Global Services - QFC LLC 100%
- VFS Consulting Ireland Ltd 100%
- VFS Global Spain, S.L. 100%
- VFS Global Services Kosovo LLC 100%
- VFS Global Estonia OU 100%
- VFS Global Bulgaria EOOD 100%
- VF Servises (Albania) Limited 100%
- Hayder Modern Commercial Services Limited 98%
- Modern Traveller Services Company 5%
- VFS UK Services Ltd 90%
- VFS Del Plate Services S.A 5%
- VFS Global LLC 5%
- VF Worldwide Singapore Pte Limited 1%
- VFSGLOBAL Ecuador S.A 1%
- PT.VFS-Services Indonesia 0.067%
- VFS Global Services Tanzania Limited 1%
- Visa Facilitation Services Global Tajikistan LLC 1%
Significant events
- “Loan agreement with VFW of GBP 7 mn is not yet renewed and it is process of renewal in 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PATEL, Ashish | Secretary | 2022-09-15 | — | — |
| DAMANIA, Preetesh | Director | 2020-03-20 | Jun 1976 | Indian |
| DAPTARDAR, Sachin Vijay | Director | 2025-08-13 | Jun 1976 | Indian |
| SAMUEL, Elizabeth | Director | 2024-01-08 | Jul 1979 | Indian |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANAND, Manju | Secretary | 2018-12-28 | 2022-09-15 |
| SEKSARIA, Tripti Kanwar | Secretary | 2012-08-01 | 2018-12-28 |
| VYAS, Jiten Nandkishor | Secretary | 2008-04-15 | 2012-03-21 |
| WEAVER, Paul | Secretary | 2012-03-14 | 2012-07-31 |
| CRESCENT HILL LIMITED | Corporate Secretary | 2006-03-08 | 2008-04-15 |
| BHANDARY, Radhakrishna Sevgur | Director | 2018-03-18 | 2020-03-20 |
| DE CANSON, Olivier | Director | 2014-01-20 | 2020-03-20 |
| JOHN, Paul Maliekkal | Director | 2008-11-13 | 2014-01-20 |
| KARKARIA, Zubin Jal | Director | 2006-03-08 | 2016-04-18 |
| MALIEKKAL, Paul John | Director | 2016-04-18 | 2018-03-18 |
| PANDEY, Avay Kumar | Director | 2024-01-08 | 2025-08-13 |
| TALWAR, Yummi | Director | 2020-03-20 | 2024-01-08 |
| WAGLE, Rajeev Gopal | Director | 2006-03-08 | 2008-10-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vfs Global Services Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 108 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-08-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-18 | AA | accounts | Accounts with accounts type full | |
| 2024-06-21 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-22 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-12 | AA | accounts | Accounts with accounts type full | |
| 2023-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-10-04 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-10-04 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-09-20 | AUD | auditors | Auditors resignation company | |
| 2022-09-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-07-20 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+49.5%
£19,808,391 £29,610,816
-
Cash
-1.3%
£1,537,545 £1,517,290
-
Net assets
-5.4%
£4,127,949 £3,905,547
-
Employees
+13.8%
320 364
-
Operating profit
-115.4%
£1,310,773 -£202,263
-
Profit before tax
-165.7%
£1,165,926 -£765,605
-
Wages
+16.8%
£11,450,653 £13,377,260
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