VERO SOFTWARE 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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -10%

  £138,935,000 → £124,975,000

• Employees

  —

  Not reported

• Operating profit

  -3,727.8%

  -£72,000 → -£2,756,000

• Profit before tax

  +1,260.6%

  £7,032,000 → £95,678,000

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

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. VERO SOFTWARE LIMITED 2010-07-15 → present
2. VERO SOFTWARE PLC 2007-08-31 → 2010-07-15
3. VI GROUP PLC 1998-02-25 → 2007-08-31
4. DEEPCREDIT LIMITED 1997-11-05 → 1998-02-25

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Whilst the Company is forecasting to be profitable and cash generative throughout the 12 months following the approval of these financial statements, as the Company operates as part of a wider cash pool within the Hexagon group, the directors have obtained written confirmation from Hexagon AB that it is able to and will assist the Company in meeting its liabilities as and when they fall due, but only to the extent that funds are not otherwise available to the Company to meet such liabilities, for a period of at least 12 months from the approval of these financial statements, as a result the Directors have concluded that it is appropriate for the company to prepare the financial statements on a going concern basis.”

Group structure

1. VERO SOFTWARE LIMITED · parent
   1. Vero Software KK 100% · Japan · Software consultancy and supply
   2. Licom Systems Srl 50% · Italy · Software consultancy and supply
   3. Radan CFAO SA 100% · France · Software consultancy and supply
   4. DP Technology France 100% · France · Software consultancy and supply
   5. DP Research Institute 100% · France · Software Development
   6. Planit Software Limited 100% · United Kingdom · Software consultancy and supply
   7. Sescoi International SAS 100% · France · Software consultancy and supply
   8. Sescoi France SAS 100% · France · Software consultancy and supply
   9. Sescoi Research and Development SAS 100% · France · Software development
   10. Vero India Software Private Ltd 100% · India · Software consultancy and supply
   11. Vero Software Iberia 100% · Spain · Software consultancy and supply
   12. Vero Software Korea 100% · Korea · Software consultancy and supply

Significant events

• “During the year the company increased its investment in Planit Software and began the process to dissolve Vero UK Limited resulting in an impairment charge of £2,714,000.”
• “As part of the wider simplification of the group structure, on 26 November 2024 the company undertook a capital reduction exercise to dispose of Vero UK Limited. This resulted in an impairment charge of £2,714,000 being the carrying value of the investment. At the same time, the company acquired an additional 34,305,000 ordinary shares in Planit Software, a company incorporated in England, for a total consideration of £34,305,000.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.