v.m. textiles limited
v.m. textiles limited Company Information
Company Number
01134359
Next Accounts
Dec 2025
Shareholders
nayana d. mehta
mayur v. mehta
View AllGroup Structure
View All
Industry
Wholesale of textiles
Registered Address
cheetwood house, cheetwood road, cheetham, manchester, M8 8AQ
Website
benmartextiles.co.ukv.m. textiles limited Estimated Valuation
Pomanda estimates the enterprise value of V.M. TEXTILES LIMITED at £418k based on a Turnover of £1.7m and 0.24x industry multiple (adjusted for size and gross margin).
v.m. textiles limited Estimated Valuation
Pomanda estimates the enterprise value of V.M. TEXTILES LIMITED at £0 based on an EBITDA of £-124.9k and a 3.2x industry multiple (adjusted for size and gross margin).
v.m. textiles limited Estimated Valuation
Pomanda estimates the enterprise value of V.M. TEXTILES LIMITED at £458.6k based on Net Assets of £326.6k and 1.4x industry multiple (adjusted for liquidity).
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V.m. Textiles Limited Overview
V.m. Textiles Limited is a live company located in cheetham, M8 8AQ with a Companies House number of 01134359. It operates in the wholesale of textiles sector, SIC Code 46410. Founded in September 1973, it's largest shareholder is nayana d. mehta with a 11.1% stake. V.m. Textiles Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with declining growth in recent years.
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V.m. Textiles Limited Health Check
Pomanda's financial health check has awarded V.M. Textiles Limited a 2.5 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
2 Regular
6 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£15.5m)
- V.m. Textiles Limited
£15.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (6%)
- V.m. Textiles Limited
6% - Industry AVG
Production
with a gross margin of 21.1%, this company has a higher cost of product (27.8%)
- V.m. Textiles Limited
27.8% - Industry AVG
Profitability
an operating margin of -7.1% make it less profitable than the average company (2.9%)
- V.m. Textiles Limited
2.9% - Industry AVG
Employees
with 6 employees, this is below the industry average (48)
6 - V.m. Textiles Limited
48 - Industry AVG
Pay Structure
on an average salary of £43.9k, the company has an equivalent pay structure (£43.9k)
- V.m. Textiles Limited
£43.9k - Industry AVG
Efficiency
resulting in sales per employee of £291k, this is equally as efficient (£316.4k)
- V.m. Textiles Limited
£316.4k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (42 days)
- V.m. Textiles Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is slower than average (29 days)
- V.m. Textiles Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- V.m. Textiles Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - V.m. Textiles Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.5%, this is a lower level of debt than the average (60.1%)
29.5% - V.m. Textiles Limited
60.1% - Industry AVG
V.M. TEXTILES LIMITED financials
V.M. Textiles Limited's latest turnover from March 2024 is estimated at £1.7 million and the company has net assets of £326.6 thousand. According to their latest financial statements, V.M. Textiles Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 6 | 6 | |||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,000 | 10,000 | |||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 150,000 | 580,000 | 580,000 | 580,000 | 580,000 | 700,000 | 1,300,000 | ||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 10,000 | 10,000 | 150,000 | 580,000 | 580,000 | 580,000 | 580,000 | 700,000 | 1,300,000 | ||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 457,532 | 579,536 | 583,537 | 715,556 | 684,956 | 749,983 | 762,328 | 1,046,902 | 1,970 | 999 | 34 | 32 | 31 | 56 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 5,774 | 8,899 | 1,000 | 2,758 | 4,127 | 6,350 | |||||||||
| Cash | 694,611 | 239 | 1,089 | 313 | 308 | 445 | 141 | ||||||||
| misc current assets | 2,841 | 15,696 | |||||||||||||
| total current assets | 463,306 | 588,435 | 584,537 | 718,314 | 689,083 | 756,333 | 765,169 | 1,062,598 | 696,581 | 1,238 | 1,123 | 345 | 339 | 501 | 141 |
| total assets | 463,306 | 588,435 | 584,537 | 718,314 | 689,083 | 756,333 | 775,169 | 1,072,598 | 846,581 | 581,238 | 581,123 | 580,345 | 580,339 | 700,501 | 1,300,141 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 136,435 | 136,598 | 138,695 | 139,581 | 2,505 | 92,817 | 94,683 | 308,239 | 218 | 211 | 202 | 195 | 187 | 180 | 150 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 136,435 | 136,598 | 138,695 | 139,581 | 2,505 | 92,817 | 94,683 | 308,239 | 218 | 211 | 202 | 195 | 187 | 180 | 150 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 240 | 301 | 5,097 | 219 | 220 | 958 | 249 | 249 | |||||||
| other liabilities | 290,188 | 288,393 | 285,933 | 285,763 | 285,763 | 285,263 | |||||||||
| provisions | |||||||||||||||
| total long term liabilities | 240 | 301 | 5,097 | 219 | 220 | 958 | 249 | 249 | 290,188 | 288,393 | 285,933 | 285,763 | 285,763 | 285,263 | |
| total liabilities | 136,675 | 136,899 | 143,792 | 139,800 | 2,725 | 93,775 | 94,932 | 308,488 | 218 | 290,399 | 288,595 | 286,128 | 285,950 | 285,943 | 285,413 |
| net assets | 326,631 | 451,536 | 440,745 | 578,514 | 686,358 | 662,558 | 680,237 | 764,110 | 846,363 | 290,839 | 292,528 | 294,217 | 294,389 | 414,558 | 1,014,728 |
| total shareholders funds | 326,631 | 451,536 | 440,745 | 578,514 | 686,358 | 662,558 | 680,237 | 764,110 | 846,363 | 290,839 | 292,528 | 294,217 | 294,389 | 414,558 | 1,014,728 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -125,129 | 3,898 | -133,777 | 29,231 | -67,250 | -5,995 | -284,574 | 1,044,932 | 971 | 965 | 2 | 1 | -25 | 56 | |
| Creditors | -163 | -2,097 | -886 | 137,076 | -90,312 | -1,866 | -213,556 | 308,021 | 7 | 9 | 7 | 8 | 7 | 30 | 150 |
| Accruals and Deferred Income | -61 | -4,796 | 4,878 | -1 | -738 | 709 | 249 | ||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -150,000 | -430,000 | -120,000 | -600,000 | 1,300,000 | ||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -290,188 | 1,795 | 2,460 | 170 | 500 | 285,263 | |||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -694,611 | 694,372 | -850 | 776 | 5 | -137 | 304 | 141 | |||||||
| overdraft | |||||||||||||||
| change in cash | -694,611 | 694,372 | -850 | 776 | 5 | -137 | 304 | 141 |
v.m. textiles limited Credit Report and Business Information
V.m. Textiles Limited Competitor Analysis
Perform a competitor analysis for v.m. textiles 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 M 8 area or any other competitors across 12 key performance metrics.
v.m. textiles limited Ownership
V.M. TEXTILES LIMITED group structure
V.M. Textiles Limited has no subsidiary companies.
Ultimate parent company
V.M. TEXTILES LIMITED
01134359
v.m. textiles limited directors
V.M. Textiles Limited currently has 5 directors. The longest serving directors include Mr Rajesh Mehta (Jun 1991) and Mr Mayur Mehta (Jun 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rajesh Mehta | 69 years | Jun 1991 | - | Director | |
| Mr Mayur Mehta | 73 years | Jun 1991 | - | Director | |
| Mr Bharat Mehta | 67 years | Jun 2010 | - | Director | |
| Mr Mukesh Mehta | 70 years | Jun 2010 | - | Director | |
| Mr Rashmi Mehta | 67 years | Jun 2010 | - | Director |
P&L
March 2024turnover
1.7m
+2%
operating profit
-124.9k
0%
gross margin
21.2%
+0.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
326.6k
-0.28%
total assets
463.3k
-0.21%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
v.m. textiles limited company details
company number
01134359
Type
Private limited with Share Capital
industry
46410 - Wholesale of textiles
incorporation date
September 1973
age
52
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
cheetwood house, cheetwood road, cheetham, manchester, M8 8AQ
Bank
-
Legal Advisor
-
v.m. textiles 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 did not find charges/mortgages relating to v.m. textiles limited.
v.m. textiles 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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v.m. textiles limited Companies House Filings - See Documents
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