verncroft limited
verncroft limited Company Information
Company Number
01387858
Website
-Registered Address
158 cromwell road, salford, M6 6DE
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
charity association manchester ltd 100%
verncroft limited Estimated Valuation
Pomanda estimates the enterprise value of VERNCROFT LIMITED at £385.6k based on a Turnover of £192.6k and 2x industry multiple (adjusted for size and gross margin).
verncroft limited Estimated Valuation
Pomanda estimates the enterprise value of VERNCROFT LIMITED at £0 based on an EBITDA of £-209 and a 5.34x industry multiple (adjusted for size and gross margin).
verncroft limited Estimated Valuation
Pomanda estimates the enterprise value of VERNCROFT LIMITED at £0 based on Net Assets of £-356.1k and 1.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Verncroft Limited Overview
Verncroft Limited is a live company located in salford, M6 6DE with a Companies House number of 01387858. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 1978, it's largest shareholder is charity association manchester ltd with a 100% stake. Verncroft Limited is a mature, micro sized company, Pomanda has estimated its turnover at £192.6k with declining growth in recent years.
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Verncroft Limited Health Check
Pomanda's financial health check has awarded Verncroft Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £192.6k, make it smaller than the average company (£902.4k)
- Verncroft Limited
£902.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (2%)
- Verncroft Limited
2% - Industry AVG
Production
with a gross margin of 69.2%, this company has a comparable cost of product (69.2%)
- Verncroft Limited
69.2% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (31.9%)
- Verncroft Limited
31.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Verncroft Limited
4 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)
- Verncroft Limited
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £192.6k, this is equally as efficient (£192.6k)
- Verncroft Limited
£192.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Verncroft Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Verncroft Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Verncroft Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Verncroft Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 878.5%, this is a higher level of debt than the average (63.3%)
878.5% - Verncroft Limited
63.3% - Industry AVG
VERNCROFT LIMITED financials
Verncroft Limited's latest turnover from May 2023 is estimated at £192.6 thousand and the company has net assets of -£356.1 thousand. According to their latest financial statements, Verncroft Limited has 1 employee and maintains cash reserves of £540 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,200 | 30,200 | 30,200 | 30,200 | 30,200 | 0 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 183,486 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 150,000 | 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 |
| Total Fixed Assets | 30,200 | 30,200 | 30,200 | 30,200 | 30,200 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 183,486 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 15,494 | 0 | 15,283 | 15,000 | 15,000 | 15,000 | 15,000 | 15,950 | 9,000 | 0 |
| Group Debtors | 15,000 | 15,000 | 15,000 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 540 | 540 | 550 | 550 | 0 | 405 | 0 | 204 | 176 | 91 | 181 | 1,327 | 3,686 | 6,932 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 15,540 | 15,540 | 15,550 | 15,550 | 15,494 | 15,405 | 15,283 | 15,204 | 15,176 | 15,091 | 15,181 | 17,277 | 12,686 | 6,932 |
| total assets | 45,740 | 45,740 | 45,750 | 45,750 | 45,694 | 165,405 | 165,283 | 165,204 | 165,176 | 165,091 | 165,181 | 167,277 | 162,686 | 190,418 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 15,000 | 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 | 0 | 0 | 0 | 0 | 394,869 | 0 | 398,915 | 398,201 | 397,769 | 396,911 | 397,911 | 399,791 | 394,016 | 397,241 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 378,954 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 386,833 | 385,073 | 385,673 | 385,673 | 0 | 5,250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 386,833 | 385,073 | 385,673 | 385,673 | 394,869 | 399,204 | 398,915 | 398,201 | 397,769 | 396,911 | 397,911 | 399,791 | 394,016 | 397,241 |
| loans | 15,000 | 15,000 | 15,000 | 15,000 | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 5,730 | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 15,000 | 15,000 | 15,000 | 15,000 | 5,730 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 401,833 | 400,073 | 400,673 | 400,673 | 400,599 | 399,204 | 398,915 | 398,201 | 397,769 | 396,911 | 397,911 | 399,791 | 394,016 | 397,241 |
| net assets | -356,093 | -354,333 | -354,923 | -354,923 | -354,905 | -233,799 | -233,632 | -232,997 | -232,593 | -231,820 | -232,730 | -232,514 | -231,330 | -206,823 |
| total shareholders funds | -356,093 | -354,333 | -354,923 | -354,923 | -354,905 | -233,799 | -233,632 | -232,997 | -232,593 | -231,820 | -232,730 | -232,514 | -231,330 | -206,823 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | -494 | 494 | -283 | 283 | 0 | 0 | 0 | -950 | 6,950 | 9,000 | 0 |
| Creditors | 0 | 0 | 0 | -394,869 | 394,869 | -398,915 | 714 | 432 | 858 | -1,000 | -1,880 | 5,775 | -3,225 | 397,241 |
| Accruals and Deferred Income | 1,760 | -600 | 0 | 379,943 | 480 | 5,250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -150,000 | 150,000 | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -378,954 | 378,954 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 15,000 | 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 |
| other long term liabilities | 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 | 0 | -10 | 0 | 550 | -405 | 405 | -204 | 28 | 85 | -90 | -1,146 | -2,359 | -3,246 | 6,932 |
| overdraft | 0 | 0 | 0 | 0 | -15,000 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -10 | 0 | 550 | 14,595 | -14,595 | -204 | 28 | 85 | -90 | -1,146 | -2,359 | -3,246 | 6,932 |
verncroft limited Credit Report and Business Information
Verncroft Limited Competitor Analysis
Perform a competitor analysis for verncroft limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
verncroft limited Ownership
VERNCROFT LIMITED group structure
Verncroft Limited has no subsidiary companies.
Ultimate parent company
1 parent
VERNCROFT LIMITED
01387858
verncroft limited directors
Verncroft Limited currently has 2 directors. The longest serving directors include Mr David Cohen (Nov 2013) and Mrs Rachel Koppenheim (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Cohen | United Kingdom | 45 years | Nov 2013 | - | Director |
| Mrs Rachel Koppenheim | 91 years | Jul 2015 | - | Director |
P&L
May 2023turnover
192.6k
0%
operating profit
-209.3
0%
gross margin
69.3%
+3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-356.1k
0%
total assets
45.7k
0%
cash
540
0%
net assets
Total assets minus all liabilities
verncroft limited company details
company number
01387858
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
September 1978
age
46
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
158 cromwell road, salford, M6 6DE
last accounts submitted
May 2023
verncroft 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 3 charges/mortgages relating to verncroft limited. Currently there are 0 open charges and 3 have been satisfied in the past.
verncroft limited Companies House Filings - See Documents
| date | description | view/download |
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