vapor ricon europe ltd
vapor ricon europe ltd Company Information
Company Number
01074541
Website
www.vaporricon.co.ukRegistered Address
c/o frp advisory ashcroft house, ervington court, leicester, LE19 1WL
Industry
Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
Telephone
01509635920
Next Accounts Due
568 days late
Group Structure
View All
Directors
Nichola Bramley1 Years
Shareholders
fandstan electric group limited 100%
vapor ricon europe ltd Estimated Valuation
The estimated valuation range for vapor ricon europe ltd, derived from financial data as of December 2020 and the most recent industry multiples, is between £973.4k to £17.3m
vapor ricon europe ltd Estimated Valuation
The estimated valuation range for vapor ricon europe ltd, derived from financial data as of December 2020 and the most recent industry multiples, is between £973.4k to £17.3m
vapor ricon europe ltd Estimated Valuation
The estimated valuation range for vapor ricon europe ltd, derived from financial data as of December 2020 and the most recent industry multiples, is between £973.4k to £17.3m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Vapor Ricon Europe Ltd AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Vapor Ricon Europe Ltd Overview
Vapor Ricon Europe Ltd is a live company located in leicester, LE19 1WL with a Companies House number of 01074541. It operates in the other service activities incidental to land transportation, n.e.c. sector, SIC Code 52219. Founded in September 1972, it's largest shareholder is fandstan electric group limited with a 100% stake. Vapor Ricon Europe Ltd is a mature, small sized company, Pomanda has estimated its turnover at £4.4m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Vapor Ricon Europe Ltd Health Check
Pomanda's financial health check has awarded Vapor Ricon Europe Ltd a 3.5 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
4 Regular
6 Weak
Size
annual sales of £4.4m, make it smaller than the average company (£8.6m)
£4.4m - Vapor Ricon Europe Ltd
£8.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (3.1%)
-6% - Vapor Ricon Europe Ltd
3.1% - Industry AVG
Production
with a gross margin of 23.3%, this company has a lower cost of product (18.5%)
23.3% - Vapor Ricon Europe Ltd
18.5% - Industry AVG
Profitability
an operating margin of 7.2% make it more profitable than the average company (3.2%)
7.2% - Vapor Ricon Europe Ltd
3.2% - Industry AVG
Employees
with 32 employees, this is below the industry average (45)
- Vapor Ricon Europe Ltd
45 - Industry AVG
Pay Structure
on an average salary of £36.7k, the company has an equivalent pay structure (£36.7k)
- Vapor Ricon Europe Ltd
£36.7k - Industry AVG
Efficiency
resulting in sales per employee of £136.7k, this is equally as efficient (£141k)
- Vapor Ricon Europe Ltd
£141k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (46 days)
60 days - Vapor Ricon Europe Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (24 days)
9 days - Vapor Ricon Europe Ltd
24 days - Industry AVG
Stock Days
it holds stock equivalent to 63 days, this is more than average (4 days)
63 days - Vapor Ricon Europe Ltd
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (17 weeks)
19 weeks - Vapor Ricon Europe Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.9%, this is a similar level of debt than the average (63.8%)
58.9% - Vapor Ricon Europe Ltd
63.8% - Industry AVG
vapor ricon europe ltd Credit Report and Business Information
Vapor Ricon Europe Ltd Competitor Analysis
Perform a competitor analysis for vapor ricon europe ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
vapor ricon europe ltd Ownership
VAPOR RICON EUROPE LTD group structure
Vapor Ricon Europe Ltd has no subsidiary companies.
Ultimate parent company
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
#0101295
2 parents
VAPOR RICON EUROPE LTD
01074541
vapor ricon europe ltd directors
Vapor Ricon Europe Ltd currently has 1 director, Ms Nichola Bramley serving since Aug 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Nichola Bramley | 42 years | Aug 2022 | - | Director |
VAPOR RICON EUROPE LTD financials
Vapor Ricon Europe Ltd's latest turnover from December 2020 is £4.4 million and the company has net assets of £7.1 million. According to their latest financial statements, we estimate that Vapor Ricon Europe Ltd has 32 employees and maintains cash reserves of £3.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,375,462 | 4,748,920 | 5,084,341 | 5,273,683 | 5,628,167 | 5,396,532 | 4,950,371 | 6,162,806 | 7,251,097 | 7,561,256 | 9,172,297 | 8,967,173 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 3,356,300 | 3,536,384 | 3,972,825 | 4,024,256 | 4,081,884 | 3,715,727 | 3,400,634 | 4,839,502 | 5,836,166 | 6,021,692 | 6,996,154 | 6,724,266 |
| Gross Profit | 1,019,162 | 1,212,536 | 1,111,516 | 1,249,427 | 1,546,283 | 1,680,805 | 1,549,737 | 1,323,304 | 1,414,931 | 1,539,564 | 2,176,143 | 2,242,907 |
| Admin Expenses | 704,134 | 840,367 | 1,527,660 | 1,012,787 | 1,561,248 | 1,451,537 | 1,007,173 | 775,065 | 635,488 | 1,113,549 | 1,163,071 | 1,459,421 |
| Operating Profit | 315,028 | 372,169 | -416,144 | 236,640 | -14,965 | 229,268 | 542,564 | 548,239 | 779,443 | 426,015 | 1,013,072 | 783,486 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 884 | 215 | 0 | 665 | 11,922 |
| Interest Receivable | 120,077 | 109,020 | 105,046 | 66,291 | 43,762 | 208,624 | 185,969 | 185,291 | 94,783 | 6,588 | 9,080 | 1,389 |
| Pre-Tax Profit | 435,105 | 481,189 | -311,098 | 302,931 | 28,797 | 437,892 | 728,533 | 732,646 | 874,011 | 432,603 | 1,021,487 | 772,953 |
| Tax | 0 | 0 | 0 | 7,091 | 11,116 | 3,413 | 938 | 5,187 | -203,807 | -120,634 | -308,579 | -217,851 |
| Profit After Tax | 435,105 | 481,189 | -311,098 | 310,022 | 39,913 | 441,305 | 729,471 | 737,833 | 670,204 | 311,969 | 712,908 | 555,102 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 435,105 | 481,189 | -311,098 | 310,022 | 39,913 | 441,305 | 729,471 | 737,833 | 670,204 | 311,969 | 712,908 | 555,102 |
| Employee Costs | 312,912 | 319,090 | 490,704 | 739,189 | 778,369 | 588,474 | ||||||
| Number Of Employees | 9 | 12 | 12 | 11 | 9 | 8 | 11 | 12 | 16 | 14 | ||
| EBITDA* | 324,949 | 381,775 | -397,721 | 277,212 | 27,203 | 270,244 | 573,454 | 567,728 | 796,536 | 444,809 | 1,029,953 | 800,832 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 46,893 | 56,814 | 66,420 | 53,736 | 81,451 | 101,067 | 87,760 | 94,518 | 100,713 | 112,375 | 49,000 | 53,321 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 46,893 | 56,814 | 66,420 | 53,736 | 81,451 | 101,067 | 87,760 | 94,518 | 100,713 | 112,375 | 49,000 | 53,321 |
| Stock & work in progress | 580,866 | 625,207 | 922,023 | 825,717 | 1,026,905 | 915,875 | 850,828 | 811,382 | 889,920 | 707,265 | 792,531 | 1,244,235 |
| Trade Debtors | 727,413 | 762,627 | 1,278,221 | 990,470 | 1,508,337 | 743,908 | 897,267 | 1,184,679 | 1,291,517 | 1,138,040 | 1,131,599 | 1,663,683 |
| Group Debtors | 11,999,220 | 11,088,281 | 9,774,802 | 8,991,738 | 6,127,029 | 6,921,501 | 5,912,480 | 4,971,051 | 3,580,516 | 0 | 0 | 0 |
| Misc Debtors | 81,245 | 206,377 | 192,845 | 144,120 | 39,348 | 128,175 | 93,687 | 135,841 | 358,611 | 120,263 | 62,921 | 110,855 |
| Cash | 3,916,499 | 2,028,178 | 1,176,807 | 799,553 | 441,097 | 2,685,582 | 2,317,939 | 1,876,623 | 1,560,795 | 3,906,022 | 2,577,950 | 1,661,430 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 17,305,243 | 14,710,670 | 13,344,698 | 11,751,598 | 9,142,716 | 11,395,041 | 10,072,201 | 8,979,576 | 7,681,359 | 5,871,590 | 4,565,001 | 4,680,203 |
| total assets | 17,352,136 | 14,767,484 | 13,411,118 | 11,805,334 | 9,224,167 | 11,496,108 | 10,159,961 | 9,074,094 | 7,782,072 | 5,983,965 | 4,614,001 | 4,733,524 |
| Bank overdraft | 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 |
| Trade Creditors | 89,569 | 179,047 | 218,462 | 181,182 | 283,462 | 203,212 | 270,440 | 231,684 | 177,781 | 216,361 | 192,037 | 236,548 |
| Group/Directors Accounts | 10,023,317 | 7,791,241 | 6,611,134 | 4,833,257 | 2,368,858 | 4,708,108 | 3,785,030 | 3,590,212 | 3,058,139 | 1,922,952 | 847,481 | 1,485,017 |
| other short term finances | 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 |
| other current liabilities | 106,096 | 99,147 | 364,662 | 262,937 | 330,498 | 340,856 | 275,073 | 150,784 | 205,623 | 241,527 | 283,327 | 433,711 |
| total current liabilities | 10,218,982 | 8,069,435 | 7,194,258 | 5,277,376 | 2,982,818 | 5,252,176 | 4,330,543 | 3,972,680 | 3,441,543 | 2,380,840 | 1,322,845 | 2,155,276 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 23,413 | 65,909 | 92,700 | 94,167 | 71,115 | 3,915 | 3,915 | 3,915 |
| total long term liabilities | 0 | 0 | 0 | 0 | 23,413 | 65,909 | 92,700 | 94,167 | 71,115 | 3,915 | 3,915 | 3,915 |
| total liabilities | 10,218,982 | 8,069,435 | 7,194,258 | 5,277,376 | 3,006,231 | 5,318,085 | 4,423,243 | 4,066,847 | 3,512,658 | 2,384,755 | 1,326,760 | 2,159,191 |
| net assets | 7,133,154 | 6,698,049 | 6,216,860 | 6,527,958 | 6,217,936 | 6,178,023 | 5,736,718 | 5,007,247 | 4,269,414 | 3,599,210 | 3,287,241 | 2,574,333 |
| total shareholders funds | 7,133,154 | 6,698,049 | 6,216,860 | 6,527,958 | 6,217,936 | 6,178,023 | 5,736,718 | 5,007,247 | 4,269,414 | 3,599,210 | 3,287,241 | 2,574,333 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 315,028 | 372,169 | -416,144 | 236,640 | -14,965 | 229,268 | 542,564 | 548,239 | 779,443 | 426,015 | 1,013,072 | 783,486 |
| Depreciation | 9,921 | 9,606 | 18,423 | 40,572 | 42,168 | 40,976 | 30,890 | 19,489 | 17,093 | 18,794 | 16,881 | 17,346 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 7,091 | 11,116 | 3,413 | 938 | 5,187 | -203,807 | -120,634 | -308,579 | -217,851 |
| Stock | -44,341 | -296,816 | 96,306 | -201,188 | 111,030 | 65,047 | 39,446 | -78,538 | 182,655 | -85,266 | -451,704 | 1,244,235 |
| Debtors | 750,593 | 811,417 | 1,119,540 | 2,451,614 | -118,870 | 890,150 | 611,863 | 1,060,927 | 3,972,341 | 63,783 | -580,018 | 1,774,538 |
| Creditors | -89,478 | -39,415 | 37,280 | -102,280 | 80,250 | -67,228 | 38,756 | 53,903 | -38,580 | 24,324 | -44,511 | 236,548 |
| Accruals and Deferred Income | 6,949 | -265,515 | 101,725 | -67,561 | -10,358 | 65,783 | 124,289 | -54,839 | -35,904 | -41,800 | -150,384 | 433,711 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -23,413 | -42,496 | -26,791 | -1,467 | 23,052 | 67,200 | 0 | 0 | 3,915 |
| Cash flow from operations | -463,832 | -437,756 | -1,474,562 | -2,159,377 | 73,555 | -709,776 | 84,661 | -387,358 | -3,569,551 | 328,182 | 1,558,201 | -1,761,618 |
| Investing Activities | ||||||||||||
| capital expenditure | 855 | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 855 | |||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,232,076 | 1,180,107 | 1,777,877 | 2,464,399 | -2,339,250 | 923,078 | 194,818 | 532,073 | 1,135,187 | 1,075,471 | -637,536 | 1,485,017 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||
| interest | 120,077 | 109,020 | 105,046 | 66,291 | 43,762 | 208,624 | 185,969 | 184,407 | 94,568 | 6,588 | 8,415 | -10,533 |
| cash flow from financing | 2,352,153 | 1,289,127 | 1,882,923 | 2,530,690 | -2,295,488 | 1,131,702 | 380,787 | 716,480 | 1,229,755 | 1,082,059 | -629,121 | 3,493,715 |
| cash and cash equivalents | ||||||||||||
| cash | 1,888,321 | 851,371 | 377,254 | 358,456 | -2,244,485 | 367,643 | 441,316 | 315,828 | -2,345,227 | 1,328,072 | 916,520 | 1,661,430 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,888,321 | 851,371 | 377,254 | 358,456 | -2,244,485 | 367,643 | 441,316 | 315,828 | -2,345,227 | 1,328,072 | 916,520 | 1,661,430 |
P&L
December 2020turnover
4.4m
-8%
operating profit
315k
-15%
gross margin
23.3%
-8.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
7.1m
+0.06%
total assets
17.4m
+0.18%
cash
3.9m
+0.93%
net assets
Total assets minus all liabilities
vapor ricon europe ltd company details
company number
01074541
Type
Private limited with Share Capital
industry
52219 - Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)
incorporation date
September 1972
age
52
accounts
Small Company
ultimate parent company
previous names
ricon uk limited (December 2008)
p. & j. fretwell limited (March 1991)
incorporated
UK
address
c/o frp advisory ashcroft house, ervington court, leicester, LE19 1WL
last accounts submitted
December 2020
vapor ricon europe ltd 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 2 charges/mortgages relating to vapor ricon europe ltd. Currently there are 0 open charges and 2 have been satisfied in the past.
vapor ricon europe ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
