vettertec ltd
vettertec ltd Company Information
Company Number
01602355
Next Accounts
Sep 2025
Shareholders
vettertec gmbh
Group Structure
View All
Industry
Manufacture of other special-purpose machinery n.e.c.
Registered Address
riverbridge house, guildford road, leatherhead, KT22 9AD
Website
http://www.vettertec.devettertec ltd Estimated Valuation
Pomanda estimates the enterprise value of VETTERTEC LTD at £363.1k based on a Turnover of £643.5k and 0.56x industry multiple (adjusted for size and gross margin).
vettertec ltd Estimated Valuation
Pomanda estimates the enterprise value of VETTERTEC LTD at £0 based on an EBITDA of £-73.6k and a 4.2x industry multiple (adjusted for size and gross margin).
vettertec ltd Estimated Valuation
Pomanda estimates the enterprise value of VETTERTEC LTD at £0 based on Net Assets of £-504.1k and 2.21x industry multiple (adjusted for liquidity).
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Vettertec Ltd Overview
Vettertec Ltd is a live company located in leatherhead, KT22 9AD with a Companies House number of 01602355. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in December 1981, it's largest shareholder is vettertec gmbh with a 100% stake. Vettertec Ltd is a mature, small sized company, Pomanda has estimated its turnover at £643.5k with declining growth in recent years.
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Vettertec Ltd Health Check
Pomanda's financial health check has awarded Vettertec Ltd a 1.5 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
2 Regular
7 Weak
Size
annual sales of £643.5k, make it smaller than the average company (£12.5m)
- Vettertec Ltd
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (5.3%)
- Vettertec Ltd
5.3% - Industry AVG
Production
with a gross margin of 30.7%, this company has a comparable cost of product (30.7%)
- Vettertec Ltd
30.7% - Industry AVG
Profitability
an operating margin of -12.6% make it less profitable than the average company (6.1%)
- Vettertec Ltd
6.1% - Industry AVG
Employees
with 5 employees, this is below the industry average (67)
5 - Vettertec Ltd
67 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Vettertec Ltd
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £128.7k, this is less efficient (£187.7k)
- Vettertec Ltd
£187.7k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (58 days)
- Vettertec Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 99 days, this is slower than average (42 days)
- Vettertec Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vettertec Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (13 weeks)
2 weeks - Vettertec Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 307.4%, this is a higher level of debt than the average (48.5%)
307.4% - Vettertec Ltd
48.5% - Industry AVG
VETTERTEC LTD financials
Vettertec Ltd's latest turnover from December 2023 is estimated at £643.5 thousand and the company has net assets of -£504.1 thousand. According to their latest financial statements, Vettertec Ltd has 5 employees and maintains cash reserves of £30.5 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 | 813,355 | 975,137 | 2,417,023 | 1,738,981 | 1,557,180 | 4,091,139 | 2,251,197 | 3,690,547 | 4,319,625 | 4,314,644 | 3,452,851 | 4,798,361 | 1,591,336 | 1,711,458 | |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 233,179 | 243,273 | 1,273,247 | 1,113,995 | 1,301,210 | 3,382,558 | 1,508,833 | 2,582,580 | 3,213,664 | 3,318,489 | 2,566,951 | 3,907,365 | 987,904 | 1,088,719 | |
| Gross Profit | 580,176 | 731,864 | 1,143,776 | 624,986 | 255,970 | 708,581 | 742,364 | 1,107,967 | 1,105,961 | 996,155 | 885,900 | 890,996 | 603,432 | 622,739 | |
| Admin Expenses | 598,182 | 728,167 | 901,027 | 976,152 | 821,210 | 948,234 | 789,747 | 774,912 | 777,354 | 652,310 | 625,841 | 654,231 | 675,581 | 764,854 | |
| Operating Profit | -18,006 | 3,697 | 242,749 | -351,166 | -565,240 | -239,653 | -47,383 | 333,055 | 328,607 | 343,845 | 260,059 | 236,765 | -72,149 | -142,115 | |
| Interest Payable | 4,704 | 18,000 | 18,000 | 20,142 | 23,372 | 28,471 | 39,107 | 43,804 | 45,747 | 49,920 | 64,958 | ||||
| Interest Receivable | 42 | 98 | 72 | 26 | 2,175 | ||||||||||
| Pre-Tax Profit | -22,710 | -3,622 | 229,774 | -383,235 | -583,240 | -257,653 | -67,525 | 309,725 | 300,234 | 304,810 | 216,281 | 193,193 | 636,473 | -207,073 | |
| Tax | 8,973 | -82,112 | -52,731 | -53,222 | -576 | ||||||||||
| Profit After Tax | -22,710 | -3,622 | 229,774 | -383,235 | -583,240 | -257,653 | -58,552 | 227,613 | 247,503 | 251,588 | 215,705 | 193,193 | 636,473 | -207,073 | |
| Dividends Paid | |||||||||||||||
| Retained Profit | -22,710 | -3,622 | 229,774 | -383,235 | -583,240 | -257,653 | -58,552 | 227,613 | 247,503 | 251,588 | 215,705 | 193,193 | 636,473 | -207,073 | |
| Employee Costs | 397,739 | 397,972 | 495,106 | 634,774 | 494,754 | 623,996 | 491,239 | 509,329 | 506,242 | 473,580 | 443,569 | 462,490 | 420,307 | 431,016 | |
| Number Of Employees | 5 | 5 | 5 | 6 | 10 | 9 | 9 | 8 | 8 | 8 | 7 | 7 | 7 | 9 | 8 |
| EBITDA* | -5,956 | 17,234 | 245,431 | -338,484 | -553,731 | -228,767 | -38,657 | 341,730 | 338,712 | 350,541 | 264,556 | 239,821 | -68,956 | -138,461 |
* 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 | 7,627 | 10,021 | 18,470 | 12,467 | 21,009 | 30,748 | 34,183 | 42,524 | 14,702 | 23,377 | 26,211 | 9,500 | 4,910 | 2,265 | 4,468 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 7,627 | 10,021 | 18,470 | 12,467 | 21,009 | 30,748 | 34,183 | 42,524 | 14,702 | 23,377 | 26,211 | 9,500 | 4,910 | 2,265 | 4,468 |
| Stock & work in progress | 13,383 | 18,011 | 32,582 | 36,615 | 30,656 | 28,727 | 7,025 | 7,722 | 17,027 | 16,699 | 52,070 | ||||
| Trade Debtors | 53,343 | 55,808 | 141,449 | 49,046 | 176,620 | 1,068,565 | 1,711,098 | 1,118,449 | 1,443,144 | 562,193 | 938,563 | 1,373,874 | 1,130,868 | 318,028 | 857,959 |
| Group Debtors | 99,741 | 80,274 | 110,040 | 445,143 | 190,901 | 175,507 | 24,818 | 56,509 | 304,175 | 2,080 | |||||
| Misc Debtors | 51,776 | 29,917 | 54,361 | 85,608 | 369,769 | 138,128 | 69,413 | 188,961 | 87,018 | 542,656 | 186,380 | 127,363 | 130,501 | 169,357 | 639,094 |
| Cash | 30,509 | 135,268 | 57,999 | 264,641 | 303,109 | 259,599 | 239,143 | 186,164 | 19,766 | 406,384 | 1,365,296 | 229,123 | 186,758 | 356,665 | 52,792 |
| misc current assets | |||||||||||||||
| total current assets | 235,369 | 301,267 | 363,849 | 844,438 | 1,053,782 | 1,659,810 | 2,077,054 | 1,586,698 | 1,580,584 | 1,844,135 | 2,497,264 | 1,738,082 | 1,465,154 | 862,829 | 1,601,915 |
| total assets | 242,996 | 311,288 | 382,319 | 856,905 | 1,074,791 | 1,690,558 | 2,111,237 | 1,629,222 | 1,595,286 | 1,867,512 | 2,523,475 | 1,747,582 | 1,470,064 | 865,094 | 1,606,383 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 121,483 | 72,183 | 85,380 | 226,620 | 452,865 | 414,777 | 812,285 | 122,020 | 290,152 | 297,663 | 361,632 | 642,407 | 326,462 | 103,248 | 140,515 |
| Group/Directors Accounts | 224,800 | 219,927 | 193,988 | 570,719 | 612,810 | 573,902 | 564,572 | 8,234 | 181,263 | 204,479 | 245,043 | 343,732 | 421,141 | 520,156 | 1,732,155 |
| other short term finances | 300,000 | 300,000 | 588,000 | 570,000 | 552,000 | 534,000 | 516,000 | 498,000 | 480,000 | 462,000 | |||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 100,774 | 112,484 | 473,547 | 426,540 | 911,864 | 633,392 | 100,653 | 625,588 | 209,939 | 697,051 | 1,313,984 | 128,215 | 322,938 | 53,360 | 199,856 |
| total current liabilities | 747,057 | 704,594 | 752,915 | 1,223,879 | 1,977,539 | 2,210,071 | 2,047,510 | 1,307,842 | 1,215,354 | 1,715,193 | 2,418,659 | 1,594,354 | 1,532,541 | 676,764 | 2,072,526 |
| loans | 200,000 | 500,000 | 500,000 | 944,000 | 926,000 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 200,000 | 500,000 | 500,000 | 944,000 | 926,000 | ||||||||||
| total liabilities | 747,057 | 704,594 | 752,915 | 1,223,879 | 1,977,539 | 2,210,071 | 2,047,510 | 1,307,842 | 1,215,354 | 1,715,193 | 2,618,659 | 2,094,354 | 2,032,541 | 1,620,764 | 2,998,526 |
| net assets | -504,061 | -393,306 | -370,596 | -366,974 | -902,748 | -519,513 | 63,727 | 321,380 | 379,932 | 152,319 | -95,184 | -346,772 | -562,477 | -755,670 | -1,392,143 |
| total shareholders funds | -504,061 | -393,306 | -370,596 | -366,974 | -902,748 | -519,513 | 63,727 | 321,380 | 379,932 | 152,319 | -95,184 | -346,772 | -562,477 | -755,670 | -1,392,143 |
| 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 | -18,006 | 3,697 | 242,749 | -351,166 | -565,240 | -239,653 | -47,383 | 333,055 | 328,607 | 343,845 | 260,059 | 236,765 | -72,149 | -142,115 | |
| Depreciation | 7,741 | 12,050 | 13,537 | 2,682 | 12,682 | 11,509 | 10,886 | 8,726 | 8,675 | 10,105 | 6,696 | 4,497 | 3,056 | 3,193 | 3,654 |
| Amortisation | |||||||||||||||
| Tax | 8,973 | -82,112 | -52,731 | -53,222 | -576 | ||||||||||
| Stock | -13,383 | -4,628 | -14,571 | -4,033 | 5,959 | 1,929 | 21,702 | -697 | -9,305 | 328 | -35,371 | 52,070 | |||
| Debtors | 38,861 | -139,851 | -273,947 | -157,493 | -644,910 | -423,129 | 441,410 | -166,243 | 121,138 | 284,081 | -376,294 | 239,868 | 771,904 | -1,007,588 | 1,497,053 |
| Creditors | 49,300 | -13,197 | -141,240 | -226,245 | 38,088 | -397,508 | 690,265 | -168,132 | -7,511 | -63,969 | -280,775 | 315,945 | 223,214 | -37,267 | 140,515 |
| Accruals and Deferred Income | -11,710 | -361,063 | 47,007 | -485,324 | 278,472 | 532,739 | -524,935 | 415,649 | -487,112 | -616,933 | 1,185,769 | -194,723 | 269,578 | -146,496 | 199,856 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -240,365 | 196,948 | -295,262 | 627,614 | 19,200 | -500,814 | 378,117 | -358,072 | -700,704 | 1,579,304 | 154,639 | -39,619 | 790,240 | -1,347,213 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 4,873 | 25,939 | -376,731 | -42,091 | 38,908 | 9,330 | 556,338 | -173,029 | -23,216 | -40,564 | -98,689 | -77,409 | -99,015 | -1,211,999 | 1,732,155 |
| Other Short Term Loans | 300,000 | -588,000 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 462,000 | |||||
| Long term loans | -200,000 | -300,000 | -444,000 | 18,000 | 926,000 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -4,704 | -18,000 | -18,000 | -20,142 | -23,330 | -28,373 | -39,035 | -43,778 | -43,572 | -49,920 | -64,958 | ||||
| cash flow from financing | 321,235 | -376,731 | 263,909 | -549,092 | 9,330 | 556,338 | -175,171 | -28,546 | -250,937 | -419,724 | -103,187 | -124,587 | -1,243,919 | 1,408,127 | |
| cash and cash equivalents | |||||||||||||||
| cash | -104,759 | 77,269 | -206,642 | -38,468 | 43,510 | 20,456 | 52,979 | 166,398 | -386,618 | -958,912 | 1,136,173 | 42,365 | -169,907 | 303,873 | 52,792 |
| overdraft | |||||||||||||||
| change in cash | -104,759 | 77,269 | -206,642 | -38,468 | 43,510 | 20,456 | 52,979 | 166,398 | -386,618 | -958,912 | 1,136,173 | 42,365 | -169,907 | 303,873 | 52,792 |
vettertec ltd Credit Report and Business Information
Vettertec Ltd Competitor Analysis
Perform a competitor analysis for vettertec ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in KT22 area or any other competitors across 12 key performance metrics.
vettertec ltd Ownership
VETTERTEC LTD group structure
Vettertec Ltd has no subsidiary companies.
Ultimate parent company
VETTERTEC GMBH
#0130901
1 parent
VETTERTEC LTD
01602355
vettertec ltd directors
Vettertec Ltd currently has 2 directors. The longest serving directors include Mr Paul Kennet (Jun 2001) and Mr Thomas Holst (Nov 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Kennet | 68 years | Jun 2001 | - | Director | |
| Mr Thomas Holst | Germany | 60 years | Nov 2010 | - | Director |
P&L
December 2023turnover
643.5k
-21%
operating profit
-81.4k
0%
gross margin
30.7%
-56.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-504.1k
+0.28%
total assets
243k
-0.22%
cash
30.5k
-0.77%
net assets
Total assets minus all liabilities
vettertec ltd company details
company number
01602355
Type
Private limited with Share Capital
industry
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
December 1981
age
44
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
anhydro uk ltd (August 2010)
drytec limited (January 2007)
accountant
ROUSE AUDIT LLP
auditor
-
address
riverbridge house, guildford road, leatherhead, KT22 9AD
Bank
-
Legal Advisor
-
vettertec ltd 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 6 charges/mortgages relating to vettertec ltd. Currently there are 0 open charges and 6 have been satisfied in the past.
vettertec ltd 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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vettertec ltd Companies House Filings - See Documents
| date | description | view/download |
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