VEEZU HOLDINGS LIMITED
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Cash
£8.9m
+62.2% highest in 3 filed years
Net assets
-£25m
+10.9% vs 2024
Employees
236
+66.2% highest in 3 filed years
Profit before tax
£3.4m
+131.1% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £16,100,000 | £17,324,000 | £27,935,000 | +61.3% | |
| Operating profit | -£98,000 | -£4,889,000 | £1,179,000 | +124.1% | |
| Profit before tax | -£2,163,000 | -£11,034,000 | £3,428,000 | +131.1% | |
| Net profit | -£2,332,000 | -£10,066,000 | £3,004,000 | +129.8% | |
| Cash | £762,000 | £5,471,000 | £8,873,000 | +62.2% | |
| Total assets less current liabilities | £36,909,000 | -£26,886,000 | -£24,431,000 | +9.1% | |
| Net assets | -£17,610,000 | -£27,627,000 | -£24,623,000 | +10.9% | |
| Equity | -£17,610,000 | -£27,627,000 | -£24,623,000 | +10.9% | |
| Average employees | 101 | 142 | 236 | +66.2% | |
| Wages | £6,045,000 | £9,640,000 | £10,603,000 | +10% | |
| Directors' remuneration | £85,000 | £1,147,000 | £223,000 | -80.6% | |
| Directors' pension contributions | £5,000 | £32,000 | £9,000 | -71.9% | |
| Highest paid director | — | £666,000 | £47,000 | -92.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -0.6% | -28.2% | 4.2% | |
| Net margin | -14.5% | -58.1% | 10.8% | |
| Return on capital employed | -0.3% | — | — | |
| Gearing (liabilities / total assets) | 126.6% | 138.3% | 117.7% | |
| Current ratio | 0.07x | 0.08x | 0.46x | |
| Interest cover | -0.02x | -0.80x | 13.71x |
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
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the company or to cease its operations, and as they have concluded that the company's financial position means that this is realistic.”
Group structure
- VEEZU HOLDINGS LIMITED · parent
- A2B Radio Cars Limited 100%
- Veezu Assist Limited 100%
- Veezu Ride Limited 100%
- Veezu Limited 100%
- Veezu North Limited 100%
- Dragon Taxis Limited 100%
- Dragon Taxis (Gwent) Limited
- Radio Cabs (Wales) Limited 100%
- Dragon Taxis (Newport) Limited
- V Cars Limited
- Hunslet Cars Limited
- Wheels Private Hire Limited 100%
- Veezu Services Limited 100%
- Veezu Midlands Limited 100%
- A.B.C Taxis (EA) Limited 100%
- Veezu Connect Limited 100%
- Panther Cambridge Limited 100%
- Wheels Holdings Limited 100%
- City Taxi Holdings Limited 100%
- Steel City Holdings Limited 100%
- Northern Taxis Limited 100%
- Derby City Cars Limited 100%
- SN1 Radio Cars Limited
- Britannia Group North West Limited
- Blue Line Taxis (Barnsley) Limited
- Aqua Southeast Limited
- Veezu Hire Limited 100%
- Veezu Drive Limited 100%
- 57 Taxis Limited 100%
- Dorne Project Limited 100%
Significant events
- “On 23 February 2026, A.B.C Taxis (EA) Limited, a subsidiary of the Company, purchased the trade and assets of Cab Smart Limited, trading as Avenue Taxis and Cab Smart in Ipswich.”
- “On 30 March 2026, Veezu North Limited, a subsidiary of the Company, acquired the entire share capital of Alpaca Taxis Limited, trading as Go Cars in Luton.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOWLES, Nathan Iestyn | Director | 2015-03-13 | Sep 1976 | British |
| DOYLE, Michael Christopher | Director | 2025-02-10 | Jun 1972 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHALMERS, Martin Paul | Director | 2015-08-18 | 2016-12-31 |
| HOPE-BELL, Joel Francis | Director | 2015-08-18 | 2018-05-21 |
| KNOWLES, Anthony Gilbert | Director | 2016-12-31 | 2018-02-09 |
| PENNOCK, Andrew | Director | 2015-08-18 | 2025-01-07 |
| RACITI, Samuel Robert | Director | 2025-01-07 | 2026-01-31 |
| RAGAN, Paul Robert | Director | 2015-01-07 | 2019-12-06 |
| SALE, Tim Rawlinson | Director | 2019-06-07 | 2025-02-10 |
| THOMAS, Kevin Richard | Director | 2018-06-01 | 2019-12-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ragan Private Investments Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-12-06 |
| Veezu Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 100 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-08-04 | AA | accounts | Accounts with accounts type full | |
| 2026-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-02 | AA | accounts | Accounts with accounts type full | |
| 2025-08-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-03 | AA | accounts | Accounts with accounts type full | |
| 2024-11-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-07 | 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
- 0
- 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.