vrs precision engineering limited Company Information
Company Number
01100297
Next Accounts
Sep 2025
Shareholders
vrs (holdings) ltd
Group Structure
View All
Industry
Manufacture of metal structures and parts of structures
+1Registered Address
c/o vrs (holdings) limited, broadcut, wallington, fareham, hants, PO16 8ST
Website
www.vrsholdings.co.ukvrs precision engineering limited Estimated Valuation
Pomanda estimates the enterprise value of VRS PRECISION ENGINEERING LIMITED at £1m based on a Turnover of £2m and 0.51x industry multiple (adjusted for size and gross margin).
vrs precision engineering limited Estimated Valuation
Pomanda estimates the enterprise value of VRS PRECISION ENGINEERING LIMITED at £1.1m based on an EBITDA of £284.7k and a 3.94x industry multiple (adjusted for size and gross margin).
vrs precision engineering limited Estimated Valuation
Pomanda estimates the enterprise value of VRS PRECISION ENGINEERING LIMITED at £2.2m based on Net Assets of £1m and 2.11x industry multiple (adjusted for liquidity).
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Vrs Precision Engineering Limited Overview
Vrs Precision Engineering Limited is a live company located in wallington, PO16 8ST with a Companies House number of 01100297. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in March 1973, it's largest shareholder is vrs (holdings) ltd with a 100% stake. Vrs Precision Engineering Limited is a mature, small sized company, Pomanda has estimated its turnover at £2m with healthy growth in recent years.
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Vrs Precision Engineering Limited Health Check
Pomanda's financial health check has awarded Vrs Precision Engineering Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £2m, make it smaller than the average company (£12.5m)
- Vrs Precision Engineering Limited
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.2%)
- Vrs Precision Engineering Limited
8.2% - Industry AVG
Production
with a gross margin of 29.6%, this company has a comparable cost of product (29.6%)
- Vrs Precision Engineering Limited
29.6% - Industry AVG
Profitability
an operating margin of 8.2% make it more profitable than the average company (5.9%)
- Vrs Precision Engineering Limited
5.9% - Industry AVG
Employees
with 19 employees, this is below the industry average (69)
19 - Vrs Precision Engineering Limited
69 - Industry AVG
Pay Structure
on an average salary of £44.3k, the company has an equivalent pay structure (£44.3k)
- Vrs Precision Engineering Limited
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £104.8k, this is less efficient (£181.5k)
- Vrs Precision Engineering Limited
£181.5k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (68 days)
- Vrs Precision Engineering Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (40 days)
- Vrs Precision Engineering Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 104 days, this is more than average (85 days)
- Vrs Precision Engineering Limited
85 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (14 weeks)
44 weeks - Vrs Precision Engineering Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.5%, this is a higher level of debt than the average (43.8%)
52.5% - Vrs Precision Engineering Limited
43.8% - Industry AVG
VRS PRECISION ENGINEERING LIMITED financials
Vrs Precision Engineering Limited's latest turnover from December 2023 is estimated at £2 million and the company has net assets of £1 million. According to their latest financial statements, Vrs Precision Engineering Limited has 19 employees and maintains cash reserves of £898.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | 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 | |||||||||||||||
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 | 19 | 19 | 20 | 21 | 22 | 20 | 21 | 22 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | 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 | 362,665 | 360,008 | 424,560 | 390,563 | 422,967 | 302,022 | 293,123 | 375,527 | 493,867 | 647,223 | 342,549 | 298,453 | 363,811 | 224,417 | 296,384 |
Intangible Assets | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 362,665 | 360,008 | 424,560 | 390,563 | 422,967 | 302,022 | 293,123 | 375,527 | 493,867 | 647,223 | 342,549 | 298,453 | 363,811 | 224,417 | 296,384 |
Stock & work in progress | 402,878 | 372,021 | 353,689 | 301,527 | 372,963 | 347,055 | 391,841 | 355,374 | 395,543 | 341,757 | 347,079 | 225,897 | 208,785 | 207,927 | 198,537 |
Trade Debtors | 465,911 | 506,559 | 384,079 | 346,192 | 590,101 | 484,862 | 469,597 | 402,637 | 386,347 | 487,049 | 376,904 | 283,843 | 266,542 | 268,777 | 158,940 |
Group Debtors | 3,077 | 935 | 935 | 935 | 935 | 660 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 39,406 | 14,468 | 22,392 | 38,965 | 41,013 | 31,720 | 39,263 | 42,553 | 3,400 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 898,478 | 774,577 | 698,801 | 936,197 | 745,707 | 779,897 | 598,154 | 684,477 | 460,109 | 493,933 | 362,915 | 463,805 | 421,475 | 284,137 | 228,748 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,809,750 | 1,668,560 | 1,459,896 | 1,623,816 | 1,750,719 | 1,644,194 | 1,498,855 | 1,485,041 | 1,245,399 | 1,322,739 | 1,086,898 | 973,545 | 896,802 | 760,841 | 586,225 |
total assets | 2,172,415 | 2,028,568 | 1,884,456 | 2,014,379 | 2,173,686 | 1,946,216 | 1,791,978 | 1,860,568 | 1,739,266 | 1,969,962 | 1,429,447 | 1,271,998 | 1,260,613 | 985,258 | 882,609 |
Bank overdraft | 0 | 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 | 0 |
Trade Creditors | 64,666 | 42,947 | 55,982 | 29,527 | 126,002 | 79,433 | 68,236 | 77,585 | 63,473 | 860,226 | 433,617 | 301,845 | 420,754 | 237,411 | 154,772 |
Group/Directors Accounts | 875,473 | 967,914 | 1,061,069 | 1,120,643 | 1,051,787 | 987,415 | 878,834 | 787,170 | 555,873 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 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 | 0 |
other current liabilities | 114,881 | 102,350 | 69,958 | 99,035 | 80,681 | 91,288 | 99,522 | 135,025 | 114,008 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,055,020 | 1,113,211 | 1,187,009 | 1,249,205 | 1,258,470 | 1,158,136 | 1,046,592 | 999,780 | 733,354 | 860,226 | 433,617 | 301,845 | 420,754 | 237,411 | 154,772 |
loans | 0 | 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 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
provisions | 84,556 | 37,134 | 0 | 59,897 | 56,908 | 44,657 | 41,719 | 53,718 | 72,691 | 101,510 | 36,324 | 24,532 | 33,898 | 15,237 | 22,377 |
total long term liabilities | 84,556 | 37,134 | 0 | 59,897 | 56,908 | 44,657 | 41,719 | 53,718 | 72,691 | 101,510 | 36,324 | 24,532 | 33,898 | 15,237 | 22,377 |
total liabilities | 1,139,576 | 1,150,345 | 1,187,009 | 1,309,102 | 1,315,378 | 1,202,793 | 1,088,311 | 1,053,498 | 806,045 | 961,736 | 469,941 | 326,377 | 454,652 | 252,648 | 177,149 |
net assets | 1,032,839 | 878,223 | 697,447 | 705,277 | 858,308 | 743,423 | 703,667 | 807,070 | 933,221 | 1,008,226 | 959,506 | 945,621 | 805,961 | 732,610 | 705,460 |
total shareholders funds | 1,032,839 | 878,223 | 697,447 | 705,277 | 858,308 | 743,423 | 703,667 | 807,070 | 933,221 | 1,008,226 | 959,506 | 945,621 | 805,961 | 732,610 | 705,460 |
Dec 2023 | Dec 2022 | Dec 2021 | 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 | |||||||||||||||
Depreciation | 122,473 | 121,710 | 116,977 | 106,303 | 105,037 | 86,977 | 94,808 | 121,699 | 161,545 | 127,976 | 112,654 | 97,704 | 119,184 | 72,372 | 95,954 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 30,857 | 18,332 | 52,162 | -71,436 | 25,908 | -44,786 | 36,467 | -40,169 | 53,786 | -5,322 | 121,182 | 17,112 | 858 | 9,390 | 198,537 |
Debtors | -13,568 | 114,556 | 21,314 | -245,957 | 114,807 | 8,382 | 63,670 | 55,443 | -97,302 | 110,145 | 93,061 | 17,301 | -2,235 | 109,837 | 158,940 |
Creditors | 21,719 | -13,035 | 26,455 | -96,475 | 46,569 | 11,197 | -9,349 | 14,112 | -796,753 | 426,609 | 131,772 | -118,909 | 183,343 | 82,639 | 154,772 |
Accruals and Deferred Income | 12,531 | 32,392 | -29,077 | 18,354 | -10,607 | -8,234 | -35,503 | 21,017 | 114,008 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 47,422 | 37,134 | -59,897 | 2,989 | 12,251 | 2,938 | -11,999 | -18,973 | -28,819 | 65,186 | 11,792 | -9,366 | 18,661 | -7,140 | 22,377 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -92,441 | -93,155 | -59,574 | 68,856 | 64,372 | 108,581 | 91,664 | 231,297 | 555,873 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 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 | 0 |
Hire Purchase and Lease Commitments | 0 | 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 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 123,901 | 75,776 | -237,396 | 190,490 | -34,190 | 181,743 | -86,323 | 224,368 | -33,824 | 131,018 | -100,890 | 42,330 | 137,338 | 55,389 | 228,748 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 123,901 | 75,776 | -237,396 | 190,490 | -34,190 | 181,743 | -86,323 | 224,368 | -33,824 | 131,018 | -100,890 | 42,330 | 137,338 | 55,389 | 228,748 |
vrs precision engineering limited Credit Report and Business Information
Vrs Precision Engineering Limited Competitor Analysis
Perform a competitor analysis for vrs precision engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in PO16 area or any other competitors across 12 key performance metrics.
vrs precision engineering limited Ownership
VRS PRECISION ENGINEERING LIMITED group structure
Vrs Precision Engineering Limited has no subsidiary companies.
Ultimate parent company
1 parent
VRS PRECISION ENGINEERING LIMITED
01100297
vrs precision engineering limited directors
Vrs Precision Engineering Limited currently has 3 directors. The longest serving directors include Mrs Sylvia Sinanan (Aug 1991) and Ms Serena Sinanan (Feb 1995).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Sylvia Sinanan | United Kingdom | 85 years | Aug 1991 | - | Director |
Ms Serena Sinanan | 64 years | Feb 1995 | - | Director | |
Mr Valmiki Sinanan | England | 67 years | Nov 2014 | - | Director |
P&L
December 2023turnover
2m
+5%
operating profit
162.2k
0%
gross margin
29.7%
-1.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1m
+0.18%
total assets
2.2m
+0.07%
cash
898.5k
+0.16%
net assets
Total assets minus all liabilities
vrs precision engineering limited company details
company number
01100297
Type
Private limited with Share Capital
industry
25110 - Manufacture of metal structures and parts of structures
25730 - Manufacture of tools
incorporation date
March 1973
age
52
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
v.r.s. limited (December 1991)
accountant
-
auditor
-
address
c/o vrs (holdings) limited, broadcut, wallington, fareham, hants, PO16 8ST
Bank
-
Legal Advisor
-
vrs precision engineering 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 1 charges/mortgages relating to vrs precision engineering limited. Currently there are 0 open charges and 1 have been satisfied in the past.
vrs precision engineering limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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vrs precision engineering limited Companies House Filings - See Documents
date | description | view/download |
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