VEEZU LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-03 (in 10mo)
Last made up 2026-02-17
Watchouts
None on the register
Cash
£1M
+7.5% vs 2023
Net assets
£4M
+504.3% vs 2023
Employees
110
+32.5% vs 2023
Profit before tax
£2M
+2,146.3% vs 2023
Profit before tax
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £23,548,000 | £29,754,000 | |
| Operating profit | £160,000 | £2,111,000 | |
| Profit before tax | £80,000 | £1,797,000 | |
| Net profit | -£560,000 | £1,908,000 | |
| Cash | £943,000 | £1,014,000 | |
| Total assets less current liabilities | £691,000 | £4,176,000 | |
| Net assets | — | — | |
| Equity | -£696,000 | £1,290,000 | |
| Average employees | 83 | 110 | |
| Wages | £2,772,000 | £3,456,000 | |
| Directors' remuneration | £168,000 | £243,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+26.4%
£23,548,000 £29,754,000
-
Cash
+7.5%
£943,000 £1,014,000
-
Net assets
—
Not reported
-
Employees
+32.5%
83 110
-
Operating profit
+1,219.4%
£160,000 £2,111,000
-
Profit before tax
+2,146.3%
£80,000 £1,797,000
-
Wages
+24.7%
£2,772,000 £3,456,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 0.7% | 7.1% | |
| Net margin | -2.4% | 6.4% | |
| Return on capital employed | 23.2% | 50.6% | |
| Current ratio | 0.15x | 0.14x | |
| Interest cover | 1.52x | 6.01x |
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.
Name history
Renamed 1 time since incorporation
- VEEZU LIMITED 2014-02-21 → present
- RADIO CABS (BRIDGEND) LIMITED 2000-02-17 → 2014-02-21
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. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”
Group structure
- VEEZU LIMITED · parent
- Dragon Taxis Limited 100%
- Dragon Taxis (Gwent) Limited 100%
- Radio Cabs (Wales) Limited 100%
- Dragon Taxis (Newport) Limited 100%
- SN1 Radio Cars Limited 100%
- Aqua Southeast Limited 100%
Significant events
- “On 5 February 2024, the Company acquired the entire share capital of Aqua Southeast Limited, trading as Aqua Cars in Portsmouth.”
- “On 17 October 2024, as part of a refinance exercise, V Bidco Limited acquired 100% of the share capital of Veezu Group Limited.”
- “On 27 March 2025, the Company, purchased the trade and assets of the business trading as Capitol Taxis Limited in Newport.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RYAN, Joshua Michael | Director | 2025-01-07 | Nov 1989 | British |
| SINGH, Arun Thomas | Director | 2023-12-08 | May 1980 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EVANS, Rhodri Huw | Secretary | 2015-01-20 | 2025-02-15 |
| JACKSON, Francis Kelly | Secretary | 2000-02-17 | 2009-01-01 |
| RAGAN, Paul Robert | Secretary | 2009-01-01 | 2014-12-31 |
| SECRETARIAL APPOINTMENTS LIMITED | Corporate Nominee Secretary | 2000-02-17 | 2000-02-17 |
| BOWLES, Nathan Iestyn | Director | 2014-07-07 | 2025-01-07 |
| BURKE, Thomas Martin | Director | 2008-11-28 | 2011-09-15 |
| HOPE-BELL, Joel Francis | Director | 2015-03-16 | 2018-05-21 |
| JACKSON, Kenneth | Director | 2000-02-17 | 2008-11-28 |
| OWEN, Gareth David | Director | 2015-03-16 | 2019-11-04 |
| OWEN, Ryan Gareth | Director | 2015-03-16 | 2025-01-07 |
| PARROTT, Richard Thomas | Director | 2011-12-01 | 2013-09-06 |
| RAGAN, Paul Robert | Director | 2008-11-28 | 2019-12-05 |
| SALE, Timothy Rawlinson | Director | 2019-12-05 | 2025-01-07 |
| THOMAS, Kevin Richard | Director | 2018-06-01 | 2019-12-05 |
| WILLIAMS, Gavin David | Director | 2011-12-01 | 2012-12-01 |
| CORPORATE APPOINTMENTS LIMITED | Corporate Nominee Director | 2000-02-17 | 2000-02-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Veezu Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 146 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-02 | AA | accounts | Accounts with accounts type full | |
| 2025-04-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-14 | CH01 | officers | Change person director company with change date | |
| 2025-02-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-01-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-09 | AA | accounts | Accounts with accounts type 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 | |
| 2024-10-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-02-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-27 | AA | accounts | Accounts with accounts type small | |
| 2023-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-01 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.