VANCO UK LIMITED

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

• Turnover

  -4.3%

  £19,140,522 → £18,313,423

• Cash

  -73.1%

  £3,594,565 → £968,667

• Net assets

  +8%

  -£24,756,818 → -£22,788,330

• Employees

  -10.4%

  48 → 43

• Operating profit

  -14%

  £2,263,995 → £1,946,517

• Profit before tax

  -13.7%

  £2,280,899 → £1,968,488

• Wages

  -1.6%

  £4,485,375 → £4,414,490

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

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.

1. VANCO UK LIMITED 2001-08-29 → present
2. VANCO LIMITED 1989-02-10 → 2001-08-29
3. DAWNMERIT LIMITED 1988-09-15 → 1989-02-10

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PBG Associates Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The management believe that it remains appropriate to prepare the financial statements on a going concern basis in the view of company's and group's continuing operations. The board of directors has received assurance from the Bermuda incorporated intermediate parent company "GCX Managed Services Limited" that it will continue to provide financial support to the Company in the foreseeable future for at least the next 12 months from the date of the signing of this annual report. On the basis of the financial support, the directors of the Company are of the view that the Company will be able to continue to operate as a going concern in the foreseeable future for at least the next 12 months from the date of the signing of this annual report.”

Group structure

1. VANCO UK LIMITED · parent
   1. Vanco ROW Limited 100% · England · Packaged Network Services
   2. Vanco International Limited 100% · England · Packaged Network Services
   3. Vanco Global Limited 100% · England · Packaged Network Services
   4. Vanco GmbH 0.1% · Germany · Packaged Network Services
   5. Vanco (Asia Pacific) Pte Ltd 0.05% · Singapore · Packaged Network Services
   6. Vanco SP Zoo 1% · Poland · Packaged Network Services
   7. Euronet Spain SA 0.2% · Spain · Packaged Network Services

Significant events

• “Except for the release of charge as disclosed in Note 21 and novation of lease agreement as disclosed in Note 19, there are no subsequent events that have an impact on the financial statements.”
• “Subsequently on 22 April 2025, the aforesaid fixed charge over investments and the assignment of bank accounts, previously created pursuant to the Agreement were formally released.”

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

Filings

4

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.