VEEZU NORTH 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

  +13.7%

  £17,498,000 → £19,894,000

• Cash

  -23.1%

  £605,000 → £465,000

• Net assets

  +27%

  £5,015,000 → £6,368,000

• Employees

  +95.4%

  65 → 127

• Operating profit

  -7.9%

  £1,248,000 → £1,149,000

• Profit before tax

  -34%

  £1,244,000 → £821,000

• Wages

  +27.8%

  £1,943,000 → £2,483,000

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

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. VEEZU NORTH LIMITED 2020-11-25 → present
2. PENNOCK & IVORY LIMITED 2002-08-15 → 2020-11-25

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared detailed forecasts, including income statements, balance sheets and cashflows for a period of at least 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides and the anticipated impact of the current economic environment on the operations and its financial resources, the company will have sufficient funds to meet its liabilities as they fall due for that period.”

Group structure

1. VEEZU NORTH LIMITED · parent
   1. Wheels Holdings Limited 100% · UK · Non-trading
   2. Britannia Group North West Limited 100% · UK · Non-trading
   3. Veezu Hire Limited 100% · UK · Holding company
   4. Veezu Drive Limited 100% · UK · Holding company
   5. 57 Taxis Limited 100% · UK · Private hire taxi agency
   6. Dorne Project Limited 100% · UK · Non-trading

Significant events

• “On 17 October 2024, as part of a refinance exercise, V Bidco Limited acquired 100% of the share capital of Veezu Group Limited.”
• “On 17 October 2024, the Company acquired the entire share capital of GHP Ventures Limited (now known as Veezu Hire Limited).”
• “On 25 November 2024, the Company acquired the entire share capital of Dorne Project Limited, trading as Club Cars in Manchester.”
• “On 13 January 2025, the Company, purchased the trade and assets of the business trading as Trafford Cars Limited in Manchester.”
• “On 22 April 2025, the Company, purchased the trade and assets of the business trading as A to B Taxis in St. Helens.”
• “Following the acquisition of Wheel Holdings Limited in 2022, the investment of £3,944,000 was impaired.”
• “Following the acquisition of Dorne Project Limited in 2024, the investment of £4,995,000 was impaired.”

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

0

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.