vestbrown limited
vestbrown limited Company Information
Company Number
01665249
Website
http://derestreethomes.co.ukRegistered Address
dere street house, bowburn north industrial estate, durham, DH6 5PF
Industry
Buying and selling of own real estate
Telephone
01913736535
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
vestbrown (newco) ltd 100%
vestbrown limited Estimated Valuation
Pomanda estimates the enterprise value of VESTBROWN LIMITED at £197k based on a Turnover of £71.3k and 2.76x industry multiple (adjusted for size and gross margin).
vestbrown limited Estimated Valuation
Pomanda estimates the enterprise value of VESTBROWN LIMITED at £0 based on an EBITDA of £-395.3k and a 7.26x industry multiple (adjusted for size and gross margin).
vestbrown limited Estimated Valuation
Pomanda estimates the enterprise value of VESTBROWN LIMITED at £17.6m based on Net Assets of £12.1m and 1.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vestbrown Limited Overview
Vestbrown Limited is a live company located in durham, DH6 5PF with a Companies House number of 01665249. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 1982, it's largest shareholder is vestbrown (newco) ltd with a 100% stake. Vestbrown Limited is a mature, micro sized company, Pomanda has estimated its turnover at £71.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Vestbrown Limited Health Check
Pomanda's financial health check has awarded Vestbrown Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 7 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
7 Weak
Size
annual sales of £71.3k, make it smaller than the average company (£947.2k)
£71.3k - Vestbrown Limited
£947.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -66%, show it is growing at a slower rate (2.7%)
-66% - Vestbrown Limited
2.7% - Industry AVG
Production
with a gross margin of 97.5%, this company has a lower cost of product (71.1%)
97.5% - Vestbrown Limited
71.1% - Industry AVG
Profitability
an operating margin of -565.5% make it less profitable than the average company (24.8%)
-565.5% - Vestbrown Limited
24.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Vestbrown Limited
4 - Industry AVG
Pay Structure
on an average salary of £108.3k, the company has a higher pay structure (£38.9k)
£108.3k - Vestbrown Limited
£38.9k - Industry AVG
Efficiency
resulting in sales per employee of £23.8k, this is less efficient (£191.6k)
£23.8k - Vestbrown Limited
£191.6k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (24 days)
6 days - Vestbrown Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 1838 days, this is slower than average (33 days)
1838 days - Vestbrown Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 53250 days, this is more than average (389 days)
53250 days - Vestbrown Limited
389 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 109 weeks, this is more cash available to meet short term requirements (8 weeks)
109 weeks - Vestbrown Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.4%, this is a lower level of debt than the average (63%)
22.4% - Vestbrown Limited
63% - Industry AVG
VESTBROWN LIMITED financials
Vestbrown Limited's latest turnover from December 2023 is £71.3 thousand and the company has net assets of £12.1 million. According to their latest financial statements, Vestbrown Limited has 3 employees and maintains cash reserves of £7.3 million 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 | 71,323 | 64,266 | 10,950 | 1,852,955 | 42,658 | 0 | 106,556 | 286,714 | 13,480,912 | 1,206,714 | 172,855,304 | 172,657,513 | 136,603,879 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 1,755 | 955 | 2,748 | 1,274,562 | 22,426 | 0 | 12,985 | 192,120 | 5,451,773 | 1,240,250 | 161,961,964 | 160,837,049 | 127,228,261 | ||
| Gross Profit | 69,568 | 63,311 | 8,202 | 578,393 | 20,232 | 0 | 93,571 | 94,594 | 8,029,139 | -33,536 | 10,893,340 | 11,820,464 | 9,375,618 | ||
| Admin Expenses | 472,901 | 154,043 | 152,011 | 61,866 | 59,804 | 1,341,051 | 267,214 | -146,958 | 596,791 | 264,337 | 7,954,205 | 6,422,467 | 9,694,477 | ||
| Operating Profit | -403,333 | -90,732 | -143,809 | 516,527 | -39,572 | -1,341,051 | -173,643 | 241,552 | 7,432,348 | -297,873 | 2,939,135 | 5,397,997 | -318,859 | ||
| Interest Payable | 62,270 | 0 | 0 | 7,969 | 344,004 | 146,532 | 26,240 | 25,353 | 172,665 | 21,211 | 2,182,572 | 1,773,876 | 2,276,525 | ||
| Interest Receivable | 283,825 | 302,027 | 283,105 | 456,241 | 526,056 | 250,114 | 36,242 | 3,468 | 5,989 | 37,518 | 337,361 | 272,733 | 279,183 | ||
| Pre-Tax Profit | -181,651 | 1,393,895 | 139,296 | 1,407,362 | 142,480 | -1,230,337 | -169,309 | 57,433 | 7,649,850 | -355,696 | -844,550 | 4,520,286 | -2,324,365 | ||
| Tax | 77,581 | -41,628 | 10,429 | -343,747 | 136,722 | 235,214 | 29,278 | -45,183 | -1,790,204 | 19,897 | -380,863 | -617,796 | 1,193,053 | ||
| Profit After Tax | -104,070 | 1,352,267 | 149,725 | 1,063,615 | 279,202 | -995,123 | -140,031 | 12,250 | 5,859,646 | -335,799 | -1,225,413 | 3,902,490 | -1,131,312 | ||
| Dividends Paid | 192,500 | 166,000 | 610,000 | 0 | 30,000 | 85,000 | 353,000 | 96,080 | 1,903,742 | 0 | 6,268,305 | 730,286 | 0 | ||
| Retained Profit | -296,570 | 1,186,267 | -460,275 | 1,063,615 | 249,202 | -1,080,123 | -493,031 | -83,830 | 3,156,624 | -284,018 | -5,784,452 | 3,395,334 | -440,089 | ||
| Employee Costs | 324,800 | 204 | 1,276,142 | 0 | 69,372 | 13,121 | 30,935,780 | 31,103,865 | 28,626,486 | ||||||
| Number Of Employees | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 3 | 2 | 926 | |||||
| EBITDA* | -395,333 | -82,732 | -135,809 | 524,527 | -39,034 | -1,339,974 | -172,072 | 242,585 | 7,560,139 | -297,204 | 5,048,337 | 7,463,615 | 1,785,183 |
* 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 | 522,250 | 530,250 | 16,000 | 24,000 | 0 | 537 | 1,614 | 3,211 | 4,782 | 6,353 | 2,003 | 700 | 630 | 14,265,429 | 13,680,381 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,812,166 | -6,556,773 |
| Investments & Other | 3,108,542 | 3,153,577 | 3,153,501 | 3,211,028 | 3,211,028 | 3,211,027 | 3,220,637 | 2,280,461 | 2,435,529 | 6,560,917 | 13,517 | 289,001 | 131,095 | 2,612,439 | 3,009,767 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,630,792 | 3,683,827 | 3,169,501 | 3,235,028 | 3,211,028 | 3,211,564 | 3,222,251 | 2,283,672 | 2,440,311 | 6,567,270 | 15,520 | 289,701 | 131,725 | 13,065,702 | 10,133,375 |
| Stock & work in progress | 256,039 | 130,227 | 0 | 0 | 1,443 | 23,869 | 22,426 | 22,426 | 197,426 | 192,475 | 5,554,949 | 7,749,705 | 6,437,391 | 40,292,762 | 60,535,405 |
| Trade Debtors | 1,212 | 690 | 2,850 | 1,770 | 39,855 | 690 | 690 | 4,375 | 2,829 | 7,963 | 1,257,534 | 139,464 | 17,014 | 11,470,860 | 9,126,678 |
| Group Debtors | 68,004 | 3,410,007 | 773,898 | 4,834,168 | 8,407,764 | 9,284,432 | 8,203,148 | 4,770,843 | 5,107,289 | 890,795 | 647,425 | 589,047 | 565,441 | 159,345 | 0 |
| Misc Debtors | 4,299,655 | 3,668,444 | 3,314,226 | 1,263,719 | 1,187,261 | 2,232,642 | 1,079,398 | 5,199 | 2,029,115 | 1,532,852 | 4,426,936 | 4,725,659 | 7,566,431 | 19,376,610 | 14,175,305 |
| Cash | 7,312,406 | 4,690,619 | 6,732,928 | 5,189,127 | 558,425 | 1,422,400 | 3,951,451 | 5,388,973 | 3,008,483 | 3,536,541 | 7,769,795 | 2,760,285 | 819,015 | 30,185,676 | 19,804,810 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,937,316 | 11,899,987 | 10,823,902 | 11,288,784 | 10,194,748 | 12,964,033 | 13,257,113 | 10,191,816 | 10,345,142 | 6,160,626 | 19,656,639 | 15,964,160 | 15,405,292 | 101,485,253 | 103,642,198 |
| total assets | 15,568,108 | 15,583,814 | 13,993,403 | 14,523,812 | 13,405,776 | 16,175,597 | 16,479,364 | 12,475,488 | 12,785,453 | 12,727,896 | 19,672,159 | 16,253,861 | 15,537,017 | 114,550,955 | 113,775,573 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 2,094,000 | 0 | 0 | 0 | 0 | 0 | 0 | 8,000,383 | 46,667,656 |
| Bank loan | 432,000 | 21,747 | 0 | 0 | 0 | 1,794,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,842 | 18,167 | 288 | 0 | 642 | 3,600 | 1,332 | 20,770 | 1,749 | 10,717 | 189,833 | 44,917 | 124,220 | 8,154,181 | 7,095,526 |
| Group/Directors Accounts | 2,766,095 | 2,585,417 | 2,695,921 | 2,639,533 | 2,657,264 | 2,668,047 | 2,673,941 | 1,889,776 | 1,893,057 | 1,929,561 | 768,092 | 856,676 | 0 | 249,191 | 576,318 |
| other short term finances | 0 | 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 | 1,205,791 | 1,169,130 |
| other current liabilities | 278,254 | 168,743 | 103,974 | 230,784 | 157,990 | 1,369,272 | 8,247 | 463,112 | 1,358,685 | 762,625 | 4,949,370 | 4,510,602 | 3,332,873 | 28,214,483 | 22,004,455 |
| total current liabilities | 3,485,191 | 2,794,074 | 2,800,183 | 2,870,317 | 2,815,896 | 5,834,919 | 4,777,520 | 2,373,658 | 3,253,491 | 2,702,903 | 5,907,295 | 5,412,195 | 3,457,093 | 45,824,029 | 77,513,085 |
| loans | 0 | 410,253 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31,299,342 | 3,210,930 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,630,122 | 446,389 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 281,043 | 0 | 0 | 0 | 0 | 849,984 | 1,804,223 | 50,000 | 50,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 410,253 | 0 | 0 | 0 | 0 | 281,043 | 0 | 0 | 0 | 0 | 849,984 | 1,804,223 | 32,979,464 | 3,707,319 |
| total liabilities | 3,485,191 | 3,204,327 | 2,800,183 | 2,870,317 | 2,815,896 | 5,834,919 | 5,058,563 | 2,373,658 | 3,253,491 | 2,702,903 | 5,907,295 | 6,262,179 | 5,261,316 | 78,803,493 | 81,220,404 |
| net assets | 12,082,917 | 12,379,487 | 11,193,220 | 11,653,495 | 10,589,880 | 10,340,678 | 11,420,801 | 10,101,830 | 9,531,962 | 10,024,993 | 13,148,306 | 9,991,682 | 10,275,701 | 16,067,638 | 12,652,215 |
| total shareholders funds | 12,082,917 | 12,379,487 | 11,193,220 | 11,653,495 | 10,589,880 | 10,340,678 | 11,420,801 | 10,101,830 | 9,531,962 | 10,024,993 | 13,148,306 | 9,991,682 | 10,275,701 | 16,067,638 | 12,652,215 |
| 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 | -403,333 | -90,732 | -143,809 | 516,527 | -39,572 | -1,341,051 | -173,643 | 241,552 | 7,432,348 | -297,873 | 2,939,135 | 5,397,997 | -318,859 | ||
| Depreciation | 8,000 | 8,000 | 8,000 | 8,000 | 538 | 1,077 | 1,596 | 1,572 | 1,571 | 1,033 | 430 | 669 | 2,078,234 | 2,026,117 | 2,064,542 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 127,361 | 0 | 30,968 | 39,501 | 39,500 |
| Tax | 77,581 | -41,628 | 10,429 | -343,747 | 136,722 | 235,214 | 29,278 | -45,183 | -1,790,204 | 19,897 | -380,863 | -617,796 | 1,193,053 | ||
| Stock | 125,812 | 130,227 | 0 | -1,443 | -22,426 | 1,443 | 0 | -175,000 | 4,951 | -5,362,474 | -2,194,756 | 1,312,314 | -33,855,371 | -20,242,643 | 60,535,405 |
| Debtors | -2,710,270 | 2,988,167 | -2,008,683 | -3,535,223 | -1,882,884 | 2,234,528 | 4,502,819 | -2,358,816 | 4,707,623 | -3,900,285 | 877,725 | -2,694,716 | -22,857,929 | 7,704,832 | 23,301,983 |
| Creditors | -9,325 | 17,879 | 288 | -642 | -2,958 | 2,268 | -19,438 | 19,021 | -8,968 | -179,116 | 144,916 | -79,303 | -8,029,961 | 1,058,655 | 7,095,526 |
| Accruals and Deferred Income | 109,511 | 64,769 | -126,810 | 72,794 | -1,211,282 | 1,361,025 | -454,865 | -895,573 | 596,060 | -4,186,745 | 438,768 | 1,177,729 | -24,881,610 | 6,210,028 | 22,004,455 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,366,892 | -3,160,106 | 1,756,781 | 3,789,598 | 788,758 | -1,977,438 | -4,268,276 | 5,094,300 | 7,670,650 | 2,203,521 | 28,469,203 | 26,652,313 | -51,759,171 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | -129,094 | -120,401 | -961,043 | -2,188,388 | -1,635,667 | ||||||||||
| Change in Investments | -45,035 | 76 | -57,527 | 0 | 1 | -9,610 | 940,176 | -155,068 | -4,125,388 | 6,547,400 | -275,484 | 157,906 | -2,481,344 | -397,328 | 3,009,767 |
| cash flow from investments | 146,390 | -278,307 | 1,520,301 | -1,791,060 | -4,645,434 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 410,253 | 21,747 | 0 | 0 | -1,794,000 | 1,794,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 180,678 | -110,504 | 56,388 | -17,731 | -10,783 | -5,894 | 784,165 | -3,281 | -36,504 | 1,161,469 | -88,584 | 856,676 | -249,191 | -327,127 | 576,318 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -410,253 | 410,253 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -31,299,342 | 28,088,412 | 3,210,930 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,835,913 | 1,220,394 | 1,615,519 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -281,043 | 281,043 | 0 | 0 | 0 | -849,984 | -954,239 | 1,754,223 | 0 | 50,000 |
| share issue | |||||||||||||||
| interest | 221,555 | 302,027 | 283,105 | 448,272 | 182,052 | 103,582 | 10,002 | -21,885 | -166,676 | 16,307 | -1,845,211 | -1,501,143 | -1,997,342 | ||
| cash flow from financing | 402,233 | 623,523 | 339,493 | 430,541 | -1,622,731 | 1,610,645 | -26,502 | -1,899,899 | -1,105,244 | -81,257 | -34,482,919 | 27,500,625 | 16,547,729 | ||
| cash and cash equivalents | |||||||||||||||
| cash | 2,621,787 | -2,042,309 | 1,543,801 | 4,630,702 | -863,975 | -2,529,051 | -1,437,522 | 2,380,490 | -528,058 | -4,233,254 | 5,009,510 | 1,941,270 | -29,366,661 | 10,380,866 | 19,804,810 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -2,094,000 | 2,094,000 | 0 | 0 | 0 | 0 | 0 | -8,000,383 | -38,667,273 | 46,667,656 |
| change in cash | 2,621,787 | -2,042,309 | 1,543,801 | 4,630,702 | -863,975 | -435,051 | -3,531,522 | 2,380,490 | -528,058 | -4,233,254 | 5,009,510 | 1,941,270 | -21,366,278 | 49,048,139 | -26,862,846 |
vestbrown limited Credit Report and Business Information
Vestbrown Limited Competitor Analysis
Perform a competitor analysis for vestbrown limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DH6 area or any other competitors across 12 key performance metrics.
vestbrown limited Ownership
VESTBROWN LIMITED group structure
Vestbrown Limited has 5 subsidiary companies.
Ultimate parent company
1 parent
VESTBROWN LIMITED
01665249
5 subsidiaries
vestbrown limited directors
Vestbrown Limited currently has 5 directors. The longest serving directors include Mr Michael Hogan (Dec 1990) and Mrs Marie McQuaid (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Hogan | United Kingdom | 80 years | Dec 1990 | - | Director |
| Mrs Marie McQuaid | England | 48 years | Nov 2019 | - | Director |
| Mr Michael Hogan | England | 51 years | Oct 2021 | - | Director |
| Mr Sean McQuaid | England | 48 years | Dec 2022 | - | Director |
| Mrs Clare Hogan | England | 48 years | Dec 2022 | - | Director |
P&L
December 2023turnover
71.3k
+11%
operating profit
-403.3k
+345%
gross margin
97.6%
-0.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.1m
-0.02%
total assets
15.6m
0%
cash
7.3m
+0.56%
net assets
Total assets minus all liabilities
vestbrown limited company details
company number
01665249
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
September 1982
age
42
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ARMSTRONG WATSON AUDIT LIMITED
address
dere street house, bowburn north industrial estate, durham, DH6 5PF
Bank
HANDELSBANKEN
Legal Advisor
SWINBURNE MADDISON LLP
vestbrown 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 38 charges/mortgages relating to vestbrown limited. Currently there are 31 open charges and 7 have been satisfied in the past.
vestbrown limited Companies House Filings - See Documents
| date | description | view/download |
|---|
