viavi solutions uk limited
viavi solutions uk limited Company Information
Company Number
00887400
Website
www.viavisolutions.comRegistered Address
astor house, newbury business park, newbury, berkshire, RG14 2PZ
Industry
Wired telecommunications activities
Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment
Telephone
01635223000
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
viavi solutions ireland ltd 100%
viavi solutions uk limited Estimated Valuation
Pomanda estimates the enterprise value of VIAVI SOLUTIONS UK LIMITED at £206.7m based on a Turnover of £148.1m and 1.4x industry multiple (adjusted for size and gross margin).
viavi solutions uk limited Estimated Valuation
Pomanda estimates the enterprise value of VIAVI SOLUTIONS UK LIMITED at £97.7m based on an EBITDA of £15m and a 6.53x industry multiple (adjusted for size and gross margin).
viavi solutions uk limited Estimated Valuation
Pomanda estimates the enterprise value of VIAVI SOLUTIONS UK LIMITED at £104.3m based on Net Assets of £40.3m and 2.59x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Viavi Solutions Uk Limited Overview
Viavi Solutions Uk Limited is a live company located in newbury, RG14 2PZ with a Companies House number of 00887400. It operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26511. Founded in September 1966, it's largest shareholder is viavi solutions ireland ltd with a 100% stake. Viavi Solutions Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £148.1m with rapid growth in recent years.
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Viavi Solutions Uk Limited Health Check
Pomanda's financial health check has awarded Viavi Solutions Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £148.1m, make it larger than the average company (£9.2m)
£148.1m - Viavi Solutions Uk Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (4.4%)
32% - Viavi Solutions Uk Limited
4.4% - Industry AVG
Production
with a gross margin of 19.9%, this company has a higher cost of product (39.5%)
19.9% - Viavi Solutions Uk Limited
39.5% - Industry AVG
Profitability
an operating margin of 6.2% make it more profitable than the average company (4.8%)
6.2% - Viavi Solutions Uk Limited
4.8% - Industry AVG
Employees
with 368 employees, this is above the industry average (52)
368 - Viavi Solutions Uk Limited
52 - Industry AVG
Pay Structure
on an average salary of £95.1k, the company has a higher pay structure (£57.8k)
£95.1k - Viavi Solutions Uk Limited
£57.8k - Industry AVG
Efficiency
resulting in sales per employee of £402.4k, this is more efficient (£194k)
£402.4k - Viavi Solutions Uk Limited
£194k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is near the average (44 days)
44 days - Viavi Solutions Uk Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (46 days)
16 days - Viavi Solutions Uk Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 49 days, this is more than average (40 days)
49 days - Viavi Solutions Uk Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (16 weeks)
44 weeks - Viavi Solutions Uk Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.5%, this is a higher level of debt than the average (57.6%)
86.5% - Viavi Solutions Uk Limited
57.6% - Industry AVG
VIAVI SOLUTIONS UK LIMITED financials
Viavi Solutions Uk Limited's latest turnover from July 2023 is £148.1 million and the company has net assets of £40.3 million. According to their latest financial statements, Viavi Solutions Uk Limited has 368 employees and maintains cash reserves of £108.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jul 2017 | Jul 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jul 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 148,090,000 | 195,940,000 | 172,846,000 | 63,878,000 | 41,464,000 | 28,945,000 | 35,838,000 | 34,378,000 | 37,276,000 | 23,075,000 | 19,656,000 | 20,539,000 | 21,618,000 | 23,531,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 118,670,000 | 135,689,000 | 104,467,000 | 41,776,000 | 22,578,000 | 14,137,000 | 17,945,000 | 15,558,000 | 17,247,000 | 15,648,000 | 15,461,000 | 16,999,000 | 15,816,000 | 18,812,000 |
| Gross Profit | 29,420,000 | 60,251,000 | 68,379,000 | 22,102,000 | 18,886,000 | 14,808,000 | 17,893,000 | 18,820,000 | 20,029,000 | 7,427,000 | 4,195,000 | 3,540,000 | 5,802,000 | 4,719,000 |
| Admin Expenses | 20,177,000 | -44,238,000 | 21,204,000 | 16,834,000 | 16,380,000 | 12,891,000 | 25,664,000 | 38,532,000 | 31,073,000 | 25,033,000 | 4,458,000 | 2,928,000 | 5,246,000 | 3,173,000 |
| Operating Profit | 9,243,000 | 104,489,000 | 47,175,000 | 5,268,000 | 2,506,000 | 1,917,000 | -7,771,000 | -19,712,000 | -11,044,000 | -17,606,000 | -263,000 | 612,000 | 556,000 | 1,546,000 |
| Interest Payable | 7,430,000 | 11,318,000 | 14,121,000 | 9,291,000 | 2,253,000 | 2,144,000 | 1,942,000 | 1,372,000 | 1,063,000 | 860,000 | 180,000 | 85,000 | 84,000 | 24,000 |
| Interest Receivable | 318,000 | 4,000 | 11,703,000 | 5,820,000 | 31,000 | 0 | 0 | 55,892,000 | 3,000 | 16,000 | 4,000 | 60,000 | 37,000 | 13,000 |
| Pre-Tax Profit | 2,131,000 | 93,175,000 | 44,757,000 | 1,797,000 | 284,000 | -227,000 | -9,713,000 | -21,081,000 | -12,104,000 | -18,496,000 | -516,000 | 535,000 | 376,000 | 1,302,000 |
| Tax | 25,000 | -19,152,000 | -6,211,000 | -1,354,000 | -628,000 | 54,000 | -556,000 | -1,765,000 | -376,000 | -1,079,000 | 192,000 | -265,000 | -305,000 | -160,000 |
| Profit After Tax | 2,156,000 | 74,023,000 | 38,546,000 | 443,000 | -344,000 | -173,000 | -10,269,000 | -22,846,000 | -12,480,000 | -19,575,000 | -324,000 | 270,000 | 71,000 | 1,142,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 2,156,000 | 74,023,000 | 38,546,000 | 443,000 | -344,000 | -173,000 | -10,269,000 | -22,846,000 | -12,480,000 | -19,575,000 | -324,000 | 270,000 | 71,000 | 1,142,000 |
| Employee Costs | 35,012,000 | 36,321,000 | 32,712,000 | 16,262,000 | 14,515,000 | 14,175,000 | 15,824,000 | 22,153,000 | 16,926,000 | 17,049,000 | 11,075,000 | 10,706,000 | 11,359,000 | 5,566,000 |
| Number Of Employees | 368 | 367 | 317 | 146 | 141 | 149 | 174 | 188 | 191 | 201 | 109 | 123 | 136 | 63 |
| EBITDA* | 14,964,000 | 109,541,000 | 51,060,000 | 5,687,000 | 2,823,000 | 2,204,000 | 2,895,000 | -8,983,000 | -267,000 | -7,531,000 | 718,000 | 1,140,000 | 1,080,000 | 1,578,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jul 2017 | Jul 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jul 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,598,000 | 19,132,000 | 16,962,000 | 1,253,000 | 905,000 | 455,000 | 580,000 | 845,000 | 916,000 | 960,000 | 1,975,000 | 1,328,000 | 1,704,000 | 27,000 |
| Intangible Assets | 0 | 75,000 | 116,000 | 31,000 | 42,000 | 2,000 | 4,000 | 10,158,000 | 23,188,000 | 33,346,000 | 0 | 0 | 0 | 0 |
| Investments & Other | 104,793,000 | 104,405,000 | 99,880,000 | 261,581,000 | 1,957,000 | 1,957,000 | 1,957,000 | 1,957,000 | 57,846,000 | 57,846,000 | 61,181,000 | 1,957,000 | 1,957,000 | 1,957,000 |
| Debtors (Due After 1 year) | 4,782,000 | 2,192,000 | 4,466,000 | 0 | 0 | 0 | 0 | 0 | 307,000 | 450,000 | 386,000 | 197,000 | 218,000 | 434,000 |
| Total Fixed Assets | 127,173,000 | 125,804,000 | 121,424,000 | 262,865,000 | 2,904,000 | 2,414,000 | 2,541,000 | 12,960,000 | 82,257,000 | 92,602,000 | 63,542,000 | 3,482,000 | 3,879,000 | 2,418,000 |
| Stock & work in progress | 16,059,000 | 17,188,000 | 13,247,000 | 1,396,000 | 1,289,000 | 1,432,000 | 1,250,000 | 2,715,000 | 3,057,000 | 3,985,000 | 2,415,000 | 1,266,000 | 204,000 | 1,531,000 |
| Trade Debtors | 18,143,000 | 36,167,000 | 31,460,000 | 10,417,000 | 10,604,000 | 7,023,000 | 4,182,000 | 6,046,000 | 5,291,000 | 9,528,000 | 4,382,000 | 4,194,000 | 4,942,000 | 10,335,000 |
| Group Debtors | 16,216,000 | 12,329,000 | 28,167,000 | 2,923,000 | 19,000 | 230,000 | 0 | 1,937,000 | 13,586,000 | 9,754,000 | 12,722,000 | 15,780,000 | 15,644,000 | 12,766,000 |
| Misc Debtors | 12,767,000 | 13,013,000 | 8,528,000 | 1,303,000 | 2,599,000 | 2,611,000 | 1,529,000 | 1,385,000 | 2,125,000 | 2,260,000 | 790,000 | 496,000 | 837,000 | 351,000 |
| Cash | 108,233,000 | 108,821,000 | 93,173,000 | 18,053,000 | 22,132,000 | 23,766,000 | 23,815,000 | 20,222,000 | 4,504,000 | 2,924,000 | 133,000 | 24,000 | 28,000 | 25,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 171,418,000 | 187,518,000 | 174,575,000 | 34,092,000 | 36,643,000 | 35,062,000 | 30,776,000 | 32,305,000 | 28,563,000 | 28,451,000 | 20,442,000 | 21,760,000 | 21,655,000 | 25,008,000 |
| total assets | 298,591,000 | 313,322,000 | 295,999,000 | 296,957,000 | 39,547,000 | 37,476,000 | 33,317,000 | 45,265,000 | 110,820,000 | 121,053,000 | 83,984,000 | 25,242,000 | 25,534,000 | 27,426,000 |
| 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 | 5,374,000 | 11,015,000 | 8,842,000 | 436,000 | 669,000 | 417,000 | 280,000 | 341,000 | 1,027,000 | 1,228,000 | 485,000 | 1,574,000 | 708,000 | 444,000 |
| Group/Directors Accounts | 105,422,000 | 95,030,000 | 101,766,000 | 12,750,000 | 5,161,000 | 3,926,000 | 1,848,000 | 2,137,000 | 55,908,000 | 55,907,000 | 167,000 | 46,000 | 2,338,000 | 4,039,000 |
| other short term finances | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 15,915,000 | 36,258,000 | 25,769,000 | 4,596,000 | 2,761,000 | 3,019,000 | 4,061,000 | 6,131,000 | 9,175,000 | 9,556,000 | 10,779,000 | 4,540,000 | 4,221,000 | 4,412,000 |
| total current liabilities | 127,061,000 | 142,653,000 | 136,727,000 | 18,132,000 | 8,941,000 | 7,712,000 | 6,539,000 | 8,959,000 | 66,460,000 | 67,041,000 | 11,781,000 | 6,510,000 | 7,617,000 | 9,245,000 |
| loans | 130,352,000 | 130,352,000 | 193,152,000 | 193,152,000 | 58,696,000 | 58,056,000 | 58,867,000 | 57,813,000 | 48,711,000 | 50,340,000 | 50,340,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 643,000 | 1,231,000 | 1,179,000 | 1,350,000 | 1,996,000 | 3,802,000 | 403,000 | 2,157,000 | 2,909,000 | 4,434,000 | 3,944,000 | 834,000 | 537,000 | 1,233,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 248,000 | 242,000 | 306,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 131,243,000 | 137,362,000 | 205,388,000 | 210,809,000 | 74,187,000 | 73,860,000 | 72,973,000 | 71,701,000 | 56,131,000 | 58,175,000 | 57,126,000 | 3,465,000 | 2,013,000 | 4,146,000 |
| total liabilities | 258,304,000 | 280,015,000 | 342,115,000 | 228,941,000 | 83,128,000 | 81,572,000 | 79,512,000 | 80,660,000 | 122,591,000 | 125,216,000 | 68,907,000 | 9,975,000 | 9,630,000 | 13,391,000 |
| net assets | 40,287,000 | 33,307,000 | -46,116,000 | 68,016,000 | -43,581,000 | -44,096,000 | -46,195,000 | -35,395,000 | -11,771,000 | -4,163,000 | 15,077,000 | 15,267,000 | 15,904,000 | 14,035,000 |
| total shareholders funds | 40,287,000 | 33,307,000 | -46,116,000 | 68,016,000 | -43,581,000 | -44,096,000 | -46,195,000 | -35,395,000 | -11,771,000 | -4,163,000 | 15,077,000 | 15,267,000 | 15,904,000 | 14,035,000 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jul 2017 | Jul 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jul 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 9,243,000 | 104,489,000 | 47,175,000 | 5,268,000 | 2,506,000 | 1,917,000 | -7,771,000 | -19,712,000 | -11,044,000 | -17,606,000 | -263,000 | 612,000 | 556,000 | 1,546,000 |
| Depreciation | 5,667,000 | 4,968,000 | 3,698,000 | 386,000 | 304,000 | 285,000 | 505,000 | 571,000 | 550,000 | 631,000 | 981,000 | 528,000 | 524,000 | 32,000 |
| Amortisation | 54,000 | 84,000 | 187,000 | 33,000 | 13,000 | 2,000 | 10,161,000 | 10,158,000 | 10,227,000 | 9,444,000 | 0 | 0 | 0 | 0 |
| Tax | 25,000 | -19,152,000 | -6,211,000 | -1,354,000 | -628,000 | 54,000 | -556,000 | -1,765,000 | -376,000 | -1,079,000 | 192,000 | -265,000 | -305,000 | -160,000 |
| Stock | -1,129,000 | 3,941,000 | 11,851,000 | 107,000 | -143,000 | 182,000 | -1,465,000 | -342,000 | -928,000 | 1,570,000 | 1,149,000 | 1,062,000 | -1,327,000 | 1,531,000 |
| Debtors | -11,793,000 | -8,920,000 | 57,978,000 | 1,421,000 | 3,358,000 | 4,153,000 | -3,657,000 | -11,941,000 | -683,000 | 3,712,000 | -2,387,000 | -974,000 | -2,245,000 | 23,886,000 |
| Creditors | -5,641,000 | 2,173,000 | 8,406,000 | -233,000 | 252,000 | 137,000 | -61,000 | -686,000 | -201,000 | 743,000 | -1,089,000 | 866,000 | 264,000 | 444,000 |
| Accruals and Deferred Income | -20,931,000 | 10,541,000 | 21,002,000 | 1,189,000 | -2,064,000 | 2,357,000 | -3,824,000 | -3,796,000 | -1,906,000 | -733,000 | 9,349,000 | 616,000 | -887,000 | 5,645,000 |
| Deferred Taxes & Provisions | 6,000 | -64,000 | 306,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,345,000 | 108,018,000 | 4,734,000 | 3,761,000 | -2,832,000 | 417,000 | 3,576,000 | -2,947,000 | -1,139,000 | -13,882,000 | 10,408,000 | 2,269,000 | 3,724,000 | -17,910,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 388,000 | 4,525,000 | -161,701,000 | 259,624,000 | 0 | 0 | 0 | -55,889,000 | 0 | -3,335,000 | 59,224,000 | 0 | 0 | 1,957,000 |
| 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 | 10,392,000 | -6,736,000 | 89,016,000 | 7,589,000 | 1,235,000 | 2,078,000 | -289,000 | -53,771,000 | 1,000 | 55,740,000 | 121,000 | -2,292,000 | -1,701,000 | 4,039,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 350,000 |
| Long term loans | 0 | -62,800,000 | 0 | 134,456,000 | 640,000 | -811,000 | 1,054,000 | 9,102,000 | -1,629,000 | 0 | 50,340,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -7,112,000 | -11,314,000 | -2,418,000 | -3,471,000 | -2,222,000 | -2,144,000 | -1,942,000 | 54,520,000 | -1,060,000 | -844,000 | -176,000 | -25,000 | -47,000 | -11,000 |
| cash flow from financing | 8,104,000 | -75,450,000 | -66,080,000 | 249,728,000 | 512,000 | 1,395,000 | -1,708,000 | 9,073,000 | 2,184,000 | 55,231,000 | 50,419,000 | -3,224,000 | 50,000 | 17,271,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -588,000 | 15,648,000 | 75,120,000 | -4,079,000 | -1,634,000 | -49,000 | 3,593,000 | 15,718,000 | 1,580,000 | 2,791,000 | 109,000 | -4,000 | 3,000 | 25,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -588,000 | 15,648,000 | 75,120,000 | -4,079,000 | -1,634,000 | -49,000 | 3,593,000 | 15,718,000 | 1,580,000 | 2,791,000 | 109,000 | -4,000 | 3,000 | 25,000 |
viavi solutions uk limited Credit Report and Business Information
Viavi Solutions Uk Limited Competitor Analysis
Perform a competitor analysis for viavi solutions uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
viavi solutions uk limited Ownership
VIAVI SOLUTIONS UK LIMITED group structure
Viavi Solutions Uk Limited has 4 subsidiary companies.
Ultimate parent company
VIAVI SOLUTIONS INC
#0104350
TTC INTERNATIONAL HOLDINGS LLC
#0117499
2 parents
VIAVI SOLUTIONS UK LIMITED
00887400
4 subsidiaries
viavi solutions uk limited directors
Viavi Solutions Uk Limited currently has 2 directors. The longest serving directors include Mr Michael Taylor (Dec 2010) and Mr Kevin Siebert (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Taylor | England | 51 years | Dec 2010 | - | Director |
| Mr Kevin Siebert | 55 years | Feb 2018 | - | Director |
P&L
July 2023turnover
148.1m
-24%
operating profit
9.2m
-91%
gross margin
19.9%
-35.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
40.3m
+0.21%
total assets
298.6m
-0.05%
cash
108.2m
-0.01%
net assets
Total assets minus all liabilities
Similar Companies
viavi solutions uk limited company details
company number
00887400
Type
Private limited with Share Capital
industry
61100 - Wired telecommunications activities
26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment
61900 - Other telecommunications activities
incorporation date
September 1966
age
58
accounts
Full Accounts
ultimate parent company
previous names
jdsu uk limited (October 2015)
acterna uk limited (March 2006)
See moreincorporated
UK
address
astor house, newbury business park, newbury, berkshire, RG14 2PZ
last accounts submitted
July 2023
viavi solutions uk 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 10 charges/mortgages relating to viavi solutions uk limited. Currently there are 5 open charges and 5 have been satisfied in the past.
viavi solutions uk limited Companies House Filings - See Documents
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