velcourt (east) limited
velcourt (east) limited Company Information
Company Number
01124054
Next Accounts
Jun 2025
Shareholders
velcourt group ltd
Group Structure
View All
Industry
Non-scheduled passenger air transport
Registered Address
orchard house, phocle green business park, ross-on-wye, HR9 7XU
Website
www.velcourt.co.ukvelcourt (east) limited Estimated Valuation
Pomanda estimates the enterprise value of VELCOURT (EAST) LIMITED at £14.2k based on a Turnover of £35k and 0.4x industry multiple (adjusted for size and gross margin).
velcourt (east) limited Estimated Valuation
Pomanda estimates the enterprise value of VELCOURT (EAST) LIMITED at £10k based on an EBITDA of £4.1k and a 2.4x industry multiple (adjusted for size and gross margin).
velcourt (east) limited Estimated Valuation
Pomanda estimates the enterprise value of VELCOURT (EAST) LIMITED at £47.5k based on Net Assets of £20k and 2.38x industry multiple (adjusted for liquidity).
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Velcourt (east) Limited Overview
Velcourt (east) Limited is a live company located in ross-on-wye, HR9 7XU with a Companies House number of 01124054. It operates in the non-scheduled passenger air transport sector, SIC Code 51102. Founded in July 1973, it's largest shareholder is velcourt group ltd with a 100% stake. Velcourt (east) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £35k with healthy growth in recent years.
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Velcourt (east) Limited Health Check
Pomanda's financial health check has awarded Velcourt (East) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £35k, make it smaller than the average company (£14.8m)
£35k - Velcourt (east) Limited
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (5.3%)
11% - Velcourt (east) Limited
5.3% - Industry AVG
Production
with a gross margin of 12.9%, this company has a higher cost of product (16.7%)
12.9% - Velcourt (east) Limited
16.7% - Industry AVG
Profitability
an operating margin of 11.9% make it more profitable than the average company (3.3%)
11.9% - Velcourt (east) Limited
3.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (62)
- Velcourt (east) Limited
62 - Industry AVG
Pay Structure
on an average salary of £57.5k, the company has an equivalent pay structure (£57.5k)
- Velcourt (east) Limited
£57.5k - Industry AVG
Efficiency
resulting in sales per employee of £35k, this is less efficient (£263.6k)
- Velcourt (east) Limited
£263.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Velcourt (east) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 214 days, this is slower than average (28 days)
214 days - Velcourt (east) Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Velcourt (east) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Velcourt (east) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.1%, this is a higher level of debt than the average (81.3%)
96.1% - Velcourt (east) Limited
81.3% - Industry AVG
VELCOURT (EAST) LIMITED financials
Velcourt (East) Limited's latest turnover from September 2023 is £35 thousand and the company has net assets of £20 thousand. According to their latest financial statements, we estimate that Velcourt (East) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 35,000 | 35,000 | 31,000 | 25,500 | 33,200 | 30,000 | 26,000 | 23,000 | 30,000 | 38,100 | 39,000 | 56,000 | 42,500 | 48,500 | 67,800 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 30,492 | 34,292 | 30,513 | 24,977 | 32,652 | 29,243 | 25,133 | 22,310 | 29,287 | 37,288 | 37,620 | 55,183 | 41,872 | 47,928 | 67,013 |
| Gross Profit | 4,508 | 708 | 487 | 523 | 548 | 757 | 867 | 690 | 713 | 812 | 1,380 | 817 | 628 | 572 | 787 |
| Admin Expenses | 360 | 340 | 329 | 330 | 319 | 331 | 338 | 329 | 495 | ||||||
| Operating Profit | 4,148 | 368 | 158 | 193 | 229 | 426 | 529 | 361 | 292 | ||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 4,148 | 368 | 158 | 193 | 229 | 426 | 529 | 361 | 378 | 511 | 950 | 265 | 286 | 241 | 292 |
| Tax | -70 | -30 | -37 | -44 | -81 | -104 | -72 | -75 | -107 | -189 | -53 | -59 | -51 | -61 | |
| Profit After Tax | 4,148 | 298 | 128 | 156 | 185 | 345 | 425 | 289 | 303 | 404 | 761 | 212 | 227 | 190 | 231 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 4,148 | 298 | 128 | 156 | 185 | 345 | 425 | 289 | 303 | 404 | 761 | 212 | 227 | 190 | 231 |
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* | 4,148 | 368 | 158 | 193 | 230 | 428 | 531 | 363 | 312 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2 | 3 | 4 | 6 | 8 | 10 | 13 | 18 | 24 | 32 | 43 | 58 | |||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2 | 3 | 4 | 6 | 8 | 10 | 13 | 18 | 24 | 32 | 43 | 58 | |||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | 501,238 | 471,268 | 444,777 | 419,978 | 401,334 | 373,751 | 352,234 | 188,887 | 169,163 | 138,283 | 102,940 | 62,425 | 1,473 | 61,462 | 356,299 |
| Misc Debtors | 6,713 | 8,198 | 8,128 | 7,503 | 8,478 | 6,369 | 5,235 | 175,665 | 15,282 | 22,305 | 21,410 | 40,470 | 58,211 | 6,625 | 81,335 |
| Cash | |||||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 507,951 | 479,466 | 452,905 | 427,481 | 409,812 | 380,120 | 357,469 | 364,552 | 184,445 | 160,588 | 124,350 | 102,895 | 59,684 | 68,087 | 437,634 |
| total assets | 507,951 | 479,466 | 452,905 | 427,483 | 409,815 | 380,124 | 357,475 | 364,560 | 184,455 | 160,601 | 124,368 | 102,919 | 59,716 | 68,130 | 437,692 |
| Bank overdraft | 469,995 | 448,559 | 432,237 | 406,414 | 386,950 | 359,873 | 338,509 | 335,074 | 159,894 | 127,629 | 105,708 | 69,627 | 18,361 | 540 | 398,911 |
| Bank loan | |||||||||||||||
| Trade Creditors | 17,947 | 14,976 | 5,075 | 5,596 | 7,541 | 5,075 | 4,112 | 15,161 | 10,448 | 19,237 | 5,137 | 20,664 | 28,940 | 13,719 | 26,778 |
| Group/Directors Accounts | 76 | 41,690 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 70 | 30 | 37 | 44 | 81 | 104 | 191 | 55 | 52 | 52 | 63 | ||||
| total current liabilities | 487,942 | 463,605 | 437,342 | 412,047 | 394,535 | 365,029 | 342,725 | 350,235 | 170,418 | 146,866 | 111,036 | 90,346 | 47,353 | 56,001 | 425,752 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 6 | 8 | 1 | 2 | |||
| total long term liabilities | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 6 | 8 | 1 | 2 | |||
| total liabilities | 487,942 | 463,605 | 437,342 | 412,048 | 394,536 | 365,030 | 342,726 | 350,236 | 170,420 | 146,869 | 111,040 | 90,352 | 47,361 | 56,002 | 425,754 |
| net assets | 20,009 | 15,861 | 15,563 | 15,435 | 15,279 | 15,094 | 14,749 | 14,324 | 14,035 | 13,732 | 13,328 | 12,567 | 12,355 | 12,128 | 11,938 |
| total shareholders funds | 20,009 | 15,861 | 15,563 | 15,435 | 15,279 | 15,094 | 14,749 | 14,324 | 14,035 | 13,732 | 13,328 | 12,567 | 12,355 | 12,128 | 11,938 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,148 | 368 | 158 | 193 | 229 | 426 | 529 | 361 | 292 | ||||||
| Depreciation | 1 | 2 | 2 | 2 | 3 | 5 | 6 | 8 | 11 | 15 | 20 | ||||
| Amortisation | |||||||||||||||
| Tax | -70 | -30 | -37 | -44 | -81 | -104 | -72 | -75 | -107 | -189 | -53 | -59 | -51 | -61 | |
| Stock | |||||||||||||||
| Debtors | 28,485 | 26,561 | 25,424 | 17,669 | 29,692 | 22,651 | -7,083 | 180,107 | 23,857 | 36,238 | 21,455 | 43,211 | -8,403 | -369,547 | 437,634 |
| Creditors | 2,971 | 9,901 | -521 | -1,945 | 2,466 | 963 | -11,049 | 4,713 | -8,789 | 14,100 | -15,527 | -8,276 | 15,221 | -13,059 | 26,778 |
| Accruals and Deferred Income | -70 | 40 | -7 | -7 | -37 | -23 | 104 | -191 | 136 | 3 | -11 | 63 | |||
| Deferred Taxes & Provisions | -1 | -1 | -1 | -1 | -2 | -2 | 7 | -1 | 2 | ||||||
| Cash flow from operations | -21,436 | -16,322 | -25,825 | -27,077 | -21,364 | -3,435 | -175,104 | -410,540 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -76 | 76 | -41,690 | 41,690 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -76 | 76 | -41,690 | 11,707 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | |||||||||||||||
| overdraft | 21,436 | 16,322 | 25,823 | 19,464 | 27,077 | 21,364 | 3,435 | 175,180 | 32,265 | 21,921 | 36,081 | 51,266 | 17,821 | -398,371 | 398,911 |
| change in cash | -21,436 | -16,322 | -25,823 | -19,464 | -27,077 | -21,364 | -3,435 | -175,180 | -32,265 | -21,921 | -36,081 | -51,266 | -17,821 | 398,371 | -398,911 |
velcourt (east) limited Credit Report and Business Information
Velcourt (east) Limited Competitor Analysis
Perform a competitor analysis for velcourt (east) limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in HR9 area or any other competitors across 12 key performance metrics.
velcourt (east) limited Ownership
VELCOURT (EAST) LIMITED group structure
Velcourt (East) Limited has no subsidiary companies.
velcourt (east) limited directors
Velcourt (East) Limited currently has 2 directors. The longest serving directors include Mr James Townshend (Oct 2013) and Mr Jason Scott (Sep 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Townshend | 70 years | Oct 2013 | - | Director | |
| Mr Jason Scott | England | 53 years | Sep 2024 | - | Director |
P&L
September 2023turnover
35k
0%
operating profit
4.1k
+1027%
gross margin
12.9%
+536.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
20k
+0.26%
total assets
508k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
velcourt (east) limited company details
company number
01124054
Type
Private limited with Share Capital
industry
51102 - Non-scheduled passenger air transport
incorporation date
July 1973
age
52
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
CROWE UK LLP
address
orchard house, phocle green business park, ross-on-wye, HR9 7XU
Bank
-
Legal Advisor
-
velcourt (east) 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 4 charges/mortgages relating to velcourt (east) limited. Currently there are 1 open charges and 3 have been satisfied in the past.
velcourt (east) 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.
Click to start generating capital raising & share issue transactions for VELCOURT (EAST) LIMITED. This can take several minutes, an email will notify you when this has completed.
velcourt (east) limited Companies House Filings - See Documents
| date | description | view/download |
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