VRS INVESTMENTS LIMITED
Get an alert when VRS INVESTMENTS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-19 (in 3mo)
Last made up 2025-08-05
Watchouts
None on the register
Cash
£23M
+14.6% vs 2023
Net assets
£23M
-10.4% vs 2023
Employees
1,620
-0.4% vs 2023
Profit before tax
-£931K
+82.8% 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 | £126,010,000 | £136,119,000 | |
| Operating profit | -£7,753,000 | -£3,541,000 | |
| Profit before tax | -£5,398,000 | -£931,000 | |
| Net profit | -£5,227,000 | -£626,000 | |
| Cash | £19,939,000 | £22,852,000 | |
| Total assets less current liabilities | £28,188,000 | £24,872,000 | |
| Net assets | £25,170,000 | £22,541,000 | |
| Equity | £25,170,000 | £22,541,000 | |
| Average employees | 1,627 | 1,620 | |
| Wages | £65,562,000 | £67,054,000 |
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 | -6.2% | -2.6% | |
| Net margin | -4.1% | -0.5% | |
| Return on capital employed | -27.5% | -14.2% | |
| Gearing (liabilities / total assets) | 45.8% | 50.8% | |
| Current ratio | 1.71x | 1.61x | |
| Interest cover | -969.13x | -44.82x |
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
- Consolidated group
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements of the group and company have been prepared on a going concern basis as the director has satisfied himself that, at the time of approving the financial statements, the group and company had adequate resources to continue in operation for a period of at least twelve months from the date of approval of the financial statements.”
Group structure
- VRS INVESTMENTS LIMITED · parent
- B.C. Holt Limited 100%
- Butters John Bee Limited 100%
- BJB (Lettings) Limited 100%
- BJB Professional Services Limited 100%
- Central Surveyors Limited 100%
- Chewton Rose Limited 100%
- haart Limited 100%
- Haybrook Holdings Limited 100%
- Howards (Estate Agents) Limited 100%
- Just Mortgages Direct Limited 100%
- Mortgages Direct Limited 100%
- Okotoks Limited 100%
- Spicerhaart Corporate Sales Limited 100%
- Spicerhaart Estate Agents Limited 100%
- Spicerhaart Financial Services Limited 100%
- Spicerhaart Group Services Limited 100%
- Spicerhaart Land & New Homes Limited 100%
- Spicerhaart Professional Services Limited 100%
- Spicerhaart Property Services Limited 100%
- Spicerhaart Residential Lettings Limited 100%
- Valunation Limited 100%
- Spicerhaart Group Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Paul Alick | Director | 2014-08-14 | Oct 1960 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| POLLINGTON, Lucian Frank Erich | Director | 2014-08-05 | 2015-12-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul Alick Smith | Individual | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 52 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-21 MA Memorandum articles
- 2026-04-21 RESOLUTIONS Resolution
- 2024-05-30 RESOLUTIONS Resolution
- 2023-11-29 RESOLUTIONS Resolution
- 2023-11-29 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-29 | SH03 | capital | Capital return purchase own shares | |
| 2026-04-21 | MA | incorporation | Memorandum articles | |
| 2026-04-21 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-14 | SH06 | capital | Capital cancellation shares | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-27 | AA | accounts | Accounts with accounts type group | |
| 2024-08-29 | AA | accounts | Accounts with accounts type group | |
| 2024-08-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-02 | SH03 | capital | Capital return purchase own shares | |
| 2024-06-18 | SH06 | capital | Capital cancellation shares | |
| 2024-05-30 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-05-30 | CAP-SS | insolvency | Legacy | |
| 2024-05-30 | SH20 | capital | Legacy | |
| 2024-05-30 | RESOLUTIONS | resolution | Resolution | |
| 2023-11-29 | RESOLUTIONS | resolution | Resolution | |
| 2023-11-29 | MA | incorporation | Memorandum articles | |
| 2023-09-01 | AA | accounts | Accounts with accounts type group | |
| 2023-08-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-31 | AA | accounts | Accounts with accounts type group | |
| 2022-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 6
- Officers appointed
- 0
- Officers resigned
- 0
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
+8%
£126,010,000 £136,119,000
-
Cash
+14.6%
£19,939,000 £22,852,000
-
Net assets
-10.4%
£25,170,000 £22,541,000
-
Employees
-0.4%
1,627 1,620
-
Operating profit
+54.3%
-£7,753,000 -£3,541,000
-
Profit before tax
+82.8%
-£5,398,000 -£931,000
-
Wages
+2.3%
£65,562,000 £67,054,000
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