vicsteels limited
vicsteels limited Company Information
Company Number
00489561
Next Accounts
Mar 2025
Industry
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
Directors
Shareholders
vicsteels holdings ltd
Group Structure
View All
Contact
Registered Address
88 peterborough road, london, SW6 3HH
Website
www.vicsteelsproperties.comvicsteels limited Estimated Valuation
Pomanda estimates the enterprise value of VICSTEELS LIMITED at £515k based on a Turnover of £2.2m and 0.23x industry multiple (adjusted for size and gross margin).
vicsteels limited Estimated Valuation
Pomanda estimates the enterprise value of VICSTEELS LIMITED at £4.8k based on an EBITDA of £1.9k and a 2.56x industry multiple (adjusted for size and gross margin).
vicsteels limited Estimated Valuation
Pomanda estimates the enterprise value of VICSTEELS LIMITED at £0 based on Net Assets of £-1.5m and 2.05x industry multiple (adjusted for liquidity).
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Vicsteels Limited Overview
Vicsteels Limited is a live company located in london, SW6 3HH with a Companies House number of 00489561. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in December 1950, it's largest shareholder is vicsteels holdings ltd with a 100% stake. Vicsteels Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.2m with low growth in recent years.
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Vicsteels Limited Health Check
Pomanda's financial health check has awarded Vicsteels Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £2.2m, make it smaller than the average company (£14.1m)
- Vicsteels Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4.7%)
- Vicsteels Limited
4.7% - Industry AVG
Production
with a gross margin of 14.1%, this company has a higher cost of product (27.7%)
- Vicsteels Limited
27.7% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (5.6%)
- Vicsteels Limited
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (32)
1 - Vicsteels Limited
32 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
- Vicsteels Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £2.2m, this is more efficient (£323.9k)
- Vicsteels Limited
£323.9k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is near the average (49 days)
- Vicsteels Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 331 days, this is slower than average (35 days)
- Vicsteels Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vicsteels Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Vicsteels Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 687.4%, this is a higher level of debt than the average (62.6%)
687.4% - Vicsteels Limited
62.6% - Industry AVG
VICSTEELS LIMITED financials
Vicsteels Limited's latest turnover from June 2023 is estimated at £2.2 million and the company has net assets of -£1.5 million. According to their latest financial statements, Vicsteels Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 258,554 | 258,554 | 258,554 | 0 | 0 | 0 | 44,513 | 59,548 | 80,261 | 16,924 | 23,680 | 27,371 | 34,952 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 200,000 | 400,000 | 600,000 | 800,000 | 250,000 | 538,499 | 1,125,953 | 1,713,407 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 258,554 | 258,554 | 258,554 | 858,554 | 599,999 | 599,999 | 599,999 | 642,499 | 1,401,463 | 1,119,255 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 258,554 | 258,554 | 258,554 | 258,554 | 458,554 | 658,554 | 1,503,067 | 1,459,547 | 930,260 | 1,155,422 | 1,792,132 | 3,142,241 | 1,154,207 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 253,962 | 83,474 | 73,410 | 73,410 | 73,128 | 78,993 | 82,605 | 81,730 | 329,346 | 2,920,649 | 3,003,191 | 2,540,121 | 333,111 | 1,485,436 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 282 | 2,705 | 730 | 359 | 6,637 | 15,860 | 44,800 | 395,519 | 1,850,029 | 300,340 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 253,962 | 83,474 | 73,410 | 73,410 | 73,410 | 81,698 | 83,335 | 82,089 | 335,983 | 2,936,509 | 3,047,991 | 2,935,640 | 2,183,140 | 1,785,776 |
| total assets | 253,962 | 342,028 | 331,964 | 331,964 | 331,964 | 540,252 | 741,889 | 1,585,156 | 1,795,530 | 3,866,769 | 4,203,413 | 4,727,772 | 5,325,381 | 2,939,983 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,745,608 | 1,835,073 | 1,809,704 | 1,809,704 | 1,807,755 | 1,819,674 | 1,740,211 | 1,244,964 | 1,107,148 | 233,651 | 269,918 | 862,213 | 1,578,548 | 221,877 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,745,608 | 1,835,073 | 1,809,704 | 1,809,704 | 1,807,755 | 1,819,674 | 1,740,211 | 1,244,964 | 1,107,148 | 233,651 | 269,918 | 862,213 | 1,578,548 | 221,877 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,583 | 30,010 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,583 | 30,010 | 0 | 0 | 0 | 0 |
| total liabilities | 1,745,608 | 1,835,073 | 1,809,704 | 1,809,704 | 1,807,755 | 1,819,674 | 1,740,211 | 1,244,964 | 1,124,731 | 263,661 | 269,918 | 862,213 | 1,578,548 | 221,877 |
| net assets | -1,491,646 | -1,493,045 | -1,477,740 | -1,477,740 | -1,475,791 | -1,279,422 | -998,322 | 340,192 | 670,799 | 3,603,108 | 3,933,495 | 3,865,559 | 3,746,833 | 2,718,106 |
| total shareholders funds | -1,491,646 | -1,493,045 | -1,477,740 | -1,477,740 | -1,475,791 | -1,279,422 | -998,322 | 340,192 | 670,799 | 3,603,108 | 3,933,495 | 3,865,559 | 3,746,833 | 2,718,106 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 70 | 15,034 | 20,713 | 12,870 | 7,250 | 7,759 | 13,365 | 12,324 |
| Amortisation | 0 | 0 | 0 | 0 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 538,499 | 587,454 | 587,454 | 48,954 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 170,488 | 10,064 | 0 | 282 | -5,865 | -3,612 | 875 | -247,616 | -2,591,303 | -82,542 | 463,070 | 2,207,010 | 333,111 | 1,485,436 |
| Creditors | -89,465 | 25,369 | 0 | 1,949 | -11,919 | 79,463 | 495,247 | 137,816 | 873,497 | -36,267 | -592,295 | -716,335 | 1,578,548 | 221,877 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | -258,554 | 0 | 0 | -600,000 | 258,555 | 0 | 0 | -42,500 | -758,964 | 1,401,463 | 1,119,255 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17,583 | -12,427 | 30,010 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | -282 | -2,423 | 1,975 | 371 | -6,278 | -9,223 | -28,940 | -350,719 | -1,454,510 | 1,850,029 | 300,340 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -282 | -2,423 | 1,975 | 371 | -6,278 | -9,223 | -28,940 | -350,719 | -1,454,510 | 1,850,029 | 300,340 |
vicsteels limited Credit Report and Business Information
Vicsteels Limited Competitor Analysis
Perform a competitor analysis for vicsteels limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SW6 area or any other competitors across 12 key performance metrics.
vicsteels limited Ownership
VICSTEELS LIMITED group structure
Vicsteels Limited has no subsidiary companies.
vicsteels limited directors
Vicsteels Limited currently has 1 director, Mr Nicholas Robson serving since Aug 1994.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Robson | England | 69 years | Aug 1994 | - | Director |
P&L
June 2023turnover
2.2m
+9%
operating profit
1.9k
0%
gross margin
14.1%
-0.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-1.5m
0%
total assets
254k
-0.26%
cash
0
0%
net assets
Total assets minus all liabilities
vicsteels limited company details
company number
00489561
Type
Private limited with Share Capital
industry
46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft
incorporation date
December 1950
age
74
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
88 peterborough road, london, SW6 3HH
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
vicsteels limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to vicsteels limited. Currently there are 1 open charges and 2 have been satisfied in the past.
vicsteels limited Companies House Filings - See Documents
| date | description | view/download |
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