VESTEL UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-15
Overdue
Watchouts
Cash
£2K
-87.9% vs 2023
Net assets
£14M
+4.6% vs 2023
Employees
4
0% vs 2023
Profit before tax
£805K
+12.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-15.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £99,244 | £385,975 | |
| Operating profit | — | -£22,212 | £16,102 | |
| Profit before tax | — | £716,520 | £805,061 | |
| Net profit | — | £619,919 | £603,014 | |
| Cash | — | £19,964 | £2,412 | |
| Total assets less current liabilities | — | £13,050,992 | £13,643,577 | |
| Net assets | — | £13,033,344 | £13,636,358 | |
| Equity | £11,493,975 | £13,033,344 | £13,636,358 | |
| Average employees | — | 4 | 4 | |
| Wages | — | £41,667 | £250,000 | |
| Directors' remuneration | — | — | — |
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
+288.9%
£99,244 £385,975
-
Cash
-87.9%
£19,964 £2,412
-
Net assets
+4.6%
£13,033,344 £13,636,358
-
Employees
0%
4 4
-
Operating profit
+172.5%
-£22,212 £16,102
-
Profit before tax
+12.4%
£716,520 £805,061
-
Wages
+500%
£41,667 £250,000
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | -22.4% | 4.2% | |
| Net margin | — | — | 156.2% | |
| Return on capital employed | — | -0.2% | 0.1% | |
| Current ratio | — | 99.74x | 25.15x | |
| Interest cover | — | -1.93x | 2.55x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Verallo
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors prepared the financial statement on the going concern basis, the directors have carefully considered the future cash flows and budgets, paying particular attention to the cost plus agreement in place, are confident that the company will be able to satisfy its obligation and commitments as they fall due.”
Significant events
- “Following the sales of its business and assets to Vestel Holland B.V., the Directors of the Company changed its business activities and amended the nature of business in August 2023 as follows: Financial management; Management consultancy activities other than financial management; Other business support service activities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EACOTTS INTERNATIONAL LIMITED | Corporate Secretary | 2015-06-24 | — | — |
| DUNDAR, Kaan | Director | 2023-08-10 | Jul 1969 | British |
| KOKSAL, Bekir Cem | Director | 2003-05-20 | Aug 1967 | Turkish |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRISTOL LEGAL SERVICES LIMITED | Corporate Nominee Secretary | 2003-05-20 | 2003-05-20 |
| EACOTTS WORLDWIDE LIMITED | Corporate Secretary | 2007-07-02 | 2015-05-01 |
| HUMPHREYS & CO | Corporate Secretary | 2003-05-20 | 2005-08-12 |
| THAMES VALLEY BUSINESS SERVICES LIMITED | Corporate Secretary | 2005-08-12 | 2007-07-02 |
| DIKER, Mustafa Iskender | Director | 2009-01-21 | 2016-03-17 |
| DIKER, Mustafa Iskender | Director | 2006-03-01 | 2008-02-29 |
| ERDOGAN, Enis Turan | Director | 2003-05-20 | 2023-10-31 |
| STRACH, Stas | Director | 2003-12-08 | 2009-12-15 |
| TAVASLIOGLU, Ali | Director | 2004-01-19 | 2006-01-15 |
| YUNGUL, Omer | Director | 2003-05-20 | 2026-01-01 |
| BOURSE NOMINEES LIMITED | Corporate Nominee Director | 2003-05-20 | 2003-05-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Olgun Zorlu | Individual | Voting 25–50% | 2016-04-06 | Ceased 2023-03-28 |
| Mr Ahmet Nazif Zorlu | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 120 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-21 | CH01 | officers | Change person director company with change date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-15 | CH01 | officers | Change person director company with change date | |
| 2025-03-17 | AA | accounts | Accounts with accounts type full | |
| 2024-12-16 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-07-08 | AA | accounts | Accounts with accounts type full | |
| 2024-05-16 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-16 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-15 | CH01 | officers | Change person director company with change date | |
| 2024-05-15 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-03-13 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-03-12 | GAZ1 | gazette | Gazette notice compulsory | |
| 2024-01-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-11 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.