video duplicating company limited(the)
video duplicating company limited(the) Company Information
Company Number
01514005
Website
vdcgroup.comRegistered Address
jupiter house, warley hill business park, brentwood, essex, CM13 3BE
Industry
Reproduction of video recording
Telephone
-
Next Accounts Due
3455 days late
Group Structure
View All
Shareholders
luxor resources ltd 100%
video duplicating company limited(the) Estimated Valuation
Pomanda estimates the enterprise value of VIDEO DUPLICATING COMPANY LIMITED(THE) at £8.4m based on a Turnover of £28.7m and 0.29x industry multiple (adjusted for size and gross margin).
video duplicating company limited(the) Estimated Valuation
Pomanda estimates the enterprise value of VIDEO DUPLICATING COMPANY LIMITED(THE) at £12.6m based on an EBITDA of £3.4m and a 3.68x industry multiple (adjusted for size and gross margin).
video duplicating company limited(the) Estimated Valuation
Pomanda estimates the enterprise value of VIDEO DUPLICATING COMPANY LIMITED(THE) at £13.6m based on Net Assets of £4.9m and 2.78x industry multiple (adjusted for liquidity).
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Video Duplicating Company Limited(the) Overview
Video Duplicating Company Limited(the) is a live company located in brentwood, CM13 3BE with a Companies House number of 01514005. It operates in the reproduction of video recording sector, SIC Code 18202. Founded in August 1980, it's largest shareholder is luxor resources ltd with a 100% stake. Video Duplicating Company Limited(the) is a mature, large sized company, Pomanda has estimated its turnover at £28.7m with declining growth in recent years.
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Video Duplicating Company Limited(the) Health Check
Pomanda's financial health check has awarded Video Duplicating Company Limited(The) a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
6 Regular
4 Weak
Size
annual sales of £28.7m, make it larger than the average company (£23.8m)
£28.7m - Video Duplicating Company Limited(the)
£23.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (1.5%)
-2% - Video Duplicating Company Limited(the)
1.5% - Industry AVG
Production
with a gross margin of 21.4%, this company has a comparable cost of product (21.4%)
21.4% - Video Duplicating Company Limited(the)
21.4% - Industry AVG
Profitability
an operating margin of 5.1% make it less profitable than the average company (11.8%)
5.1% - Video Duplicating Company Limited(the)
11.8% - Industry AVG
Employees
with 194 employees, this is similar to the industry average (188)
194 - Video Duplicating Company Limited(the)
188 - Industry AVG
Pay Structure
on an average salary of £25.9k, the company has a lower pay structure (£38.5k)
£25.9k - Video Duplicating Company Limited(the)
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £148k, this is equally as efficient (£157.4k)
£148k - Video Duplicating Company Limited(the)
£157.4k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (49 days)
62 days - Video Duplicating Company Limited(the)
49 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (40 days)
43 days - Video Duplicating Company Limited(the)
40 days - Industry AVG
Stock Days
it holds stock equivalent to 67 days, this is more than average (27 days)
67 days - Video Duplicating Company Limited(the)
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is average cash available to meet short term requirements (0 weeks)
0 weeks - Video Duplicating Company Limited(the)
0 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.8%, this is a similar level of debt than the average (82.8%)
82.8% - Video Duplicating Company Limited(the)
82.8% - Industry AVG
VIDEO DUPLICATING COMPANY LIMITED(THE) financials
Video Duplicating Company Limited(The)'s latest turnover from March 2013 is £28.7 million and the company has net assets of £4.9 million. According to their latest financial statements, Video Duplicating Company Limited(The) has 194 employees and maintains cash reserves of £72.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2013 | Mar 2012 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|
| Turnover | 28,706,966 | 53,312,120 | 30,167,128 | 29,836,565 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 22,566,850 | 45,588,770 | 25,068,705 | 23,714,579 |
| Gross Profit | 6,140,116 | 7,723,350 | 5,098,423 | 6,121,986 |
| Admin Expenses | 4,663,475 | 1,427,848 | 4,854,146 | 4,863,114 |
| Operating Profit | 1,476,641 | 6,295,502 | 244,277 | 1,258,872 |
| Interest Payable | 731,766 | 985,371 | 482,220 | 612,264 |
| Interest Receivable | 6 | 19,370 | 14 | 2,064 |
| Pre-Tax Profit | 744,881 | 5,329,501 | -237,929 | 648,672 |
| Tax | -4,540 | -107,719 | -63,481 | -44,388 |
| Profit After Tax | 740,341 | 5,221,782 | -301,410 | 604,284 |
| Dividends Paid | 0 | 1,415,642 | 302,900 | 0 |
| Retained Profit | 740,341 | 3,557,547 | -668,796 | 552,323 |
| Employee Costs | 5,031,860 | 9,462,265 | 6,118,057 | 5,494,384 |
| Number Of Employees | 194 | 188 | 197 | 185 |
| EBITDA* | 3,415,554 | 9,685,292 | 2,211,691 | 3,443,495 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2013 | Mar 2012 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|
| Tangible Assets | 10,202,670 | 10,641,594 | 16,761,916 | 15,254,307 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 8,906,601 | 8,906,601 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 19,109,271 | 19,548,195 | 16,761,916 | 15,254,307 |
| Stock & work in progress | 4,160,990 | 5,605,363 | 6,017,886 | 5,241,619 |
| Trade Debtors | 4,880,887 | 5,365,069 | 5,802,623 | 5,204,250 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,304,780 | 1,379,444 | 1,963,882 | 1,521,375 |
| Cash | 72,431 | 82,088 | 147,182 | 419,869 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 11,419,088 | 12,431,964 | 13,931,573 | 12,387,113 |
| total assets | 30,528,359 | 31,980,159 | 30,693,489 | 27,641,420 |
| Bank overdraft | 2,609,151 | 2,818,557 | 4,077,652 | 2,411,621 |
| Bank loan | 201,234 | 760,144 | 1,575,974 | 475,671 |
| Trade Creditors | 2,707,355 | 3,773,058 | 4,600,255 | 4,570,722 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 6,827,629 | 6,654,889 | 6,756,292 | 6,856,885 |
| hp & lease commitments | 930,265 | 1,061,894 | 1,612,981 | 1,464,982 |
| other current liabilities | 10,209,866 | 10,957,903 | 8,427,199 | 6,776,834 |
| total current liabilities | 23,485,500 | 26,026,445 | 27,050,353 | 22,556,715 |
| loans | 0 | 0 | 4,461 | 1,689,773 |
| hp & lease commitments | 1,784,048 | 1,435,245 | 2,926,346 | 2,078,293 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,784,048 | 1,435,245 | 2,930,807 | 3,768,066 |
| total liabilities | 25,269,548 | 27,461,690 | 29,981,160 | 26,324,781 |
| net assets | 4,893,768 | 4,153,427 | 595,880 | 1,264,676 |
| total shareholders funds | 4,893,768 | 4,153,427 | 595,880 | 1,264,676 |
| Mar 2013 | Mar 2012 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 1,476,641 | 6,295,502 | 244,277 | 1,258,872 |
| Depreciation | 1,938,913 | 3,389,790 | 1,967,414 | 2,184,623 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | -4,540 | -107,719 | -63,481 | -44,388 |
| Stock | -1,444,373 | 5,605,363 | 776,267 | 5,241,619 |
| Debtors | 441,154 | 6,744,513 | 1,040,880 | 6,725,625 |
| Creditors | -1,065,703 | 3,773,058 | 29,533 | 4,570,722 |
| Accruals and Deferred Income | -748,037 | 10,957,903 | 1,650,365 | 6,776,834 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,600,493 | 11,958,658 | 2,010,961 | 2,779,419 |
| Investing Activities | ||||
| capital expenditure | -128,035 | -502,073 | -873,148 | -528,395 |
| Change in Investments | 0 | 8,906,601 | 0 | 0 |
| cash flow from investments | -128,035 | -9,408,674 | -873,148 | -528,395 |
| Financing Activities | ||||
| Bank loans | -558,910 | 760,144 | 1,100,303 | 475,671 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 172,740 | 6,654,889 | -100,593 | 6,856,885 |
| Long term loans | 0 | 0 | -1,685,312 | 1,689,773 |
| Hire Purchase and Lease Commitments | 217,174 | 2,497,139 | 996,052 | 3,543,275 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -731,760 | -966,001 | -482,206 | -610,200 |
| cash flow from financing | -900,756 | 9,542,051 | -171,756 | 12,667,757 |
| cash and cash equivalents | ||||
| cash | -9,657 | 82,088 | -272,687 | 419,869 |
| overdraft | -209,406 | 2,818,557 | 1,666,031 | 2,411,621 |
| change in cash | 199,749 | -2,736,469 | -1,938,718 | -1,991,752 |
video duplicating company limited(the) Credit Report and Business Information
Video Duplicating Company Limited(the) Competitor Analysis
Perform a competitor analysis for video duplicating company limited(the) by selecting its closest rivals and benchmarking them against 12 key performance metrics.
video duplicating company limited(the) Ownership
VIDEO DUPLICATING COMPANY LIMITED(THE) group structure
Video Duplicating Company Limited(The) has 1 subsidiary company.
Ultimate parent company
LUXOR RESOURCES LTD
#0024818
1 parent
VIDEO DUPLICATING COMPANY LIMITED(THE)
01514005
1 subsidiary
video duplicating company limited(the) directors
Video Duplicating Company Limited(The) currently has 3 directors. The longest serving directors include Mr Sanjay Mohindra (Jun 1991) and Vinod Mohindra (Jun 1992).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sanjay Mohindra | 59 years | Jun 1991 | - | Director | |
| Vinod Mohindra | 85 years | Jun 1992 | - | Director | |
| Viresh Mohindra | 73 years | Mar 1999 | - | Director |
P&L
March 2013turnover
28.7m
-46%
operating profit
1.5m
-77%
gross margin
21.4%
+47.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2013net assets
4.9m
+0.18%
total assets
30.5m
-0.05%
cash
72.4k
-0.12%
net assets
Total assets minus all liabilities
video duplicating company limited(the) company details
company number
01514005
Type
Private limited with Share Capital
industry
18202 - Reproduction of video recording
incorporation date
August 1980
age
44
accounts
Group
ultimate parent company
previous names
strawpeg limited (December 1981)
incorporated
UK
address
jupiter house, warley hill business park, brentwood, essex, CM13 3BE
last accounts submitted
March 2013
video duplicating company limited(the) 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 36 charges/mortgages relating to video duplicating company limited(the). Currently there are 5 open charges and 31 have been satisfied in the past.
video duplicating company limited(the) Companies House Filings - See Documents
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