Vg Systems Limited
Private Limited Company · Altrincham
ActiveUnited KingdomIncorporated 1996Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£61,592,000
Cash
—
Turnover
£7,140,000
Profit / loss
£6,381,000
Current assets
£61,915,000
Creditors < 1 year
£652,000
Equity
£61,592,000
Average employees
26
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £61,592,000 | £55,392,000 |
| Equity | £61,592,000 | £55,392,000 |
| Retained earnings | £53,940,000 | £47,740,000 |
| Assets | ||
| Fixed assets | £404,000 | £294,000 |
| Property, plant & equipment | £404,000 | £294,000 |
| Current assets | £61,915,000 | £56,423,000 |
| Debtors | £61,854,000 | £56,232,000 |
| Stock | £61,000 | £191,000 |
| Liabilities | ||
| Creditors within one year | £652,000 | £1,069,000 |
| Provisions | £75,000 | £256,000 |
| Net current assets | £61,263,000 | £55,354,000 |
| Assets less current liabilities | £61,667,000 | £55,648,000 |
| Profit & loss | ||
| Turnover | £7,140,000 | £7,776,000 |
| Cost of sales | £2,424,000 | £1,617,000 |
| Gross profit | £4,716,000 | £6,159,000 |
| Administrative expenses | £342,000 | £639,000 |
| Other operating income | £75,000 | £60,000 |
| Operating profit | £4,449,000 | £5,580,000 |
| Interest receivable | £2,108,000 | £2,213,000 |
| Profit before tax | £6,557,000 | £7,793,000 |
| Tax | £176,000 | £120,000 |
| Profit / loss | £6,381,000 | £7,673,000 |
| Operating costs | ||
| Depreciation | £76,000 | £39,000 |
| Operating lease charges | £10,000 | £10,000 |
| Audit fees | £70,000 | £67,000 |
| Research & development | £721,000 | £578,000 |
| People & pay | ||
| Average employees | 26 | 27 |
| Staff costs | £1,820,000 | £1,813,000 |
| Wages & salaries | £1,397,000 | £1,458,000 |
| Social security costs | £300,000 | £205,000 |
| Pension costs | £95,000 | £93,000 |
| Directors' remuneration | — | £1,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Thermo Optek Limited
- Ultimate parent
- Thermo Fisher Scientific Inc.
- Ultimate controlling party
- Thermo Fisher Scientific Inc.
- Accounts
- FRS 102
- Approved
- 2026-08-28, signed by E Cameron
Turnover by segment (4)
- Royalty and support services received: 7,140 (000s) (2025-12-31)
- Royalty and support services received: 7,776 (000s) (2024-12-31)
- Rest of Europe: 7,140 (000s) (2025-12-31)
- Rest of Europe: 7,776 (000s) (2024-12-31)
Related parties (6)
- Group undertakings · Group companies · Interest receivable · 2,108 (000s)
- Group undertakings · Group companies · Interest receivable · 2,213 (000s)
- Group undertakings · Group companies · Amounts owed by group undertakings; includes in-house bank account balance of £59,737,000 (2024: £53,638,000) bearing quarterly interest at SONIA - 0.5%, repayable on demand; remaining balance unsecured, interest free and repayable on demand · 61,662 (000s)
- Group undertakings · Group companies · Amounts owed by group undertakings · 55,930 (000s)
- Group undertakings · Group companies · Amounts owed to group undertakings; unsecured, interest free and repayable on demand · 139 (000s)
- Group undertakings · Group companies · Amounts owed to group undertakings; unsecured, interest free and repayable on demand · 672 (000s)
Events after the year end (1)
- There were no adjusting events arising after the financial year.
Contingent liabilities (1)
- At 31 December 2025, the company had deferment bank guarantees in favour of HM Revenue and Customs of £4,000 (2024: £4,000).
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.