vectaire limited
vectaire limited Company Information
Company Number
02151635
Next Accounts
Sep 2025
Shareholders
victor gaeta
mario gaeta
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
lincoln road, cressex business park, high wycombe, buckinghamshire, HP12 3RH
Website
www.vectaire.co.ukvectaire limited Estimated Valuation
Pomanda estimates the enterprise value of VECTAIRE LIMITED at £17.4m based on a Turnover of £28m and 0.62x industry multiple (adjusted for size and gross margin).
vectaire limited Estimated Valuation
Pomanda estimates the enterprise value of VECTAIRE LIMITED at £33.2m based on an EBITDA of £4.3m and a 7.71x industry multiple (adjusted for size and gross margin).
vectaire limited Estimated Valuation
Pomanda estimates the enterprise value of VECTAIRE LIMITED at £28.7m based on Net Assets of £11m and 2.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vectaire Limited Overview
Vectaire Limited is a live company located in high wycombe, HP12 3RH with a Companies House number of 02151635. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in July 1987, it's largest shareholder is victor gaeta with a 100% stake. Vectaire Limited is a mature, large sized company, Pomanda has estimated its turnover at £28m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Vectaire Limited Health Check
Pomanda's financial health check has awarded Vectaire Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
2 Weak
Size
annual sales of £28m, make it larger than the average company (£16.2m)
£28m - Vectaire Limited
£16.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (6.3%)
23% - Vectaire Limited
6.3% - Industry AVG
Production
with a gross margin of 37.4%, this company has a lower cost of product (27.6%)
37.4% - Vectaire Limited
27.6% - Industry AVG
Profitability
an operating margin of 14.9% make it more profitable than the average company (5.1%)
14.9% - Vectaire Limited
5.1% - Industry AVG
Employees
with 101 employees, this is above the industry average (41)
101 - Vectaire Limited
41 - Industry AVG
Pay Structure
on an average salary of £52.1k, the company has an equivalent pay structure (£44.5k)
£52.1k - Vectaire Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £277k, this is less efficient (£376.5k)
£277k - Vectaire Limited
£376.5k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (52 days)
51 days - Vectaire Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (31 days)
54 days - Vectaire Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 129 days, this is more than average (78 days)
129 days - Vectaire Limited
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (14 weeks)
16 weeks - Vectaire Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.6%, this is a lower level of debt than the average (47.3%)
36.6% - Vectaire Limited
47.3% - Industry AVG
VECTAIRE LIMITED financials
Vectaire Limited's latest turnover from December 2023 is £28 million and the company has net assets of £11 million. According to their latest financial statements, Vectaire Limited has 101 employees and maintains cash reserves of £1.6 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 | 27,978,733 | 21,364,703 | 17,437,783 | 15,180,283 | 17,853,679 | 16,337,856 | 13,691,910 | 13,506,390 | 10,205,033 | 9,240,455 | 7,603,527 | 7,530,107 | 7,834,114 | 7,588,304 | |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 17,521,208 | 13,793,053 | 11,578,654 | 9,840,490 | 11,633,537 | 10,801,285 | 8,943,056 | 8,343,429 | 5,945,187 | 5,516,922 | 4,219,664 | 4,256,583 | 4,379,057 | 4,459,048 | |
| Gross Profit | 10,457,525 | 7,571,650 | 5,859,129 | 5,339,793 | 6,220,142 | 5,536,571 | 4,748,854 | 5,162,961 | 4,259,846 | 3,723,533 | 3,383,863 | 3,273,524 | 3,455,057 | 3,129,256 | |
| Admin Expenses | 6,279,745 | 5,777,033 | 4,944,153 | 4,528,400 | 5,472,301 | 5,187,067 | 4,843,496 | 4,955,853 | 3,766,552 | 3,182,367 | 3,025,329 | 2,948,859 | 3,000,292 | 2,778,536 | |
| Operating Profit | 4,177,780 | 1,794,617 | 914,976 | 811,393 | 747,841 | 349,504 | -94,642 | 207,108 | 493,294 | 541,166 | 358,534 | 324,665 | 454,765 | 350,720 | |
| Interest Payable | 169,434 | 131,072 | 99,641 | 52,938 | 76,021 | 92,162 | 93,119 | 102,967 | 63,643 | 46,161 | 29,418 | 28,472 | 28,564 | 32,289 | |
| Interest Receivable | 6,031 | 875 | 10,123 | 16,364 | 20,032 | 40,093 | 25,801 | 28,100 | 635 | 212 | 1,235 | 330 | 498 | 293 | |
| Pre-Tax Profit | 4,014,377 | 1,664,420 | 975,458 | 774,819 | 691,852 | 297,435 | 507,552 | 132,241 | 430,286 | 518,150 | 329,886 | 296,523 | 426,700 | 318,724 | |
| Tax | -981,455 | -373,331 | -209,352 | -165,823 | -115,790 | -18,717 | -102,283 | 8,666 | -95,399 | -104,000 | -70,895 | -55,531 | -92,499 | -79,235 | |
| Profit After Tax | 3,032,922 | 1,291,089 | 766,106 | 608,996 | 576,062 | 278,718 | 405,269 | 140,907 | 334,887 | 414,150 | 258,991 | 240,992 | 334,201 | 239,489 | |
| Dividends Paid | 200,000 | 50,000 | |||||||||||||
| Retained Profit | 3,032,922 | 1,091,089 | 766,106 | 608,996 | 576,062 | 278,718 | 405,269 | 140,907 | 334,887 | 414,150 | 258,991 | 240,992 | 334,201 | 189,489 | |
| Employee Costs | 5,266,643 | 4,490,421 | 4,121,506 | 3,729,541 | 4,043,289 | 3,789,381 | 3,393,670 | 3,157,454 | 2,449,745 | 2,361,560 | 2,089,478 | 1,948,503 | 1,936,058 | 1,757,658 | |
| Number Of Employees | 101 | 87 | 92 | 98 | 104 | 100 | 97 | 90 | 75 | 68 | 59 | 58 | 57 | 56 | |
| EBITDA* | 4,311,090 | 1,933,899 | 1,021,920 | 957,505 | 924,541 | 486,849 | 35,438 | 335,229 | 586,929 | 617,674 | 414,224 | 377,061 | 484,257 | 384,781 |
* 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 | 5,038,864 | 3,599,703 | 1,242,523 | 417,497 | 494,630 | 469,750 | 502,961 | 519,663 | 429,631 | 389,942 | 414,726 | 362,315 | 354,610 | 320,417 | |
| Intangible Assets | 4,937 | 34,530 | 64,123 | 93,716 | 123,309 | 425,970 | |||||||||
| Investments & Other | 2,400,000 | 2,250,000 | 2,250,000 | 2,250,000 | 2,250,000 | 1,580,488 | 1,580,488 | 196,260 | |||||||
| Debtors (Due After 1 year) | 125,000 | 125,000 | 700,000 | 400,000 | 490,023 | 627,905 | |||||||||
| Total Fixed Assets | 5,038,864 | 3,599,703 | 3,767,523 | 2,797,434 | 3,479,160 | 3,183,873 | 2,846,677 | 2,713,483 | 2,634,363 | 429,631 | 389,942 | 414,726 | 362,315 | 354,610 | 516,677 |
| Stock & work in progress | 6,231,679 | 4,993,759 | 3,504,627 | 2,512,217 | 3,244,927 | 2,687,695 | 2,818,566 | 2,547,872 | 2,392,335 | 1,718,702 | 1,713,549 | 1,436,949 | 1,582,654 | 1,071,428 | 735,293 |
| Trade Debtors | 3,925,323 | 3,930,358 | 2,637,401 | 2,535,881 | 2,811,340 | 3,003,248 | 2,531,542 | 2,418,285 | 1,739,086 | 1,858,426 | 1,326,616 | 1,381,367 | 1,512,452 | 1,831,878 | 1,516,552 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 525,792 | 800,815 | 869,497 | 1,036,638 | 653,506 | 897,375 | 576,353 | 301,578 | 367,041 | 623,449 | 411,132 | 266,932 | 131,020 | 132,663 | |
| Cash | 1,559,400 | 846,689 | 1,139,523 | 2,669,037 | 109,231 | 33,330 | 244,907 | 52,694 | 56,596 | 192,416 | 258,459 | 389,785 | 379,098 | 214,946 | 372,523 |
| misc current assets | |||||||||||||||
| total current assets | 12,242,194 | 10,571,621 | 8,151,048 | 8,753,773 | 6,819,004 | 6,621,648 | 6,171,368 | 5,320,429 | 4,555,058 | 4,392,993 | 3,709,756 | 3,475,033 | 3,605,224 | 3,250,915 | 2,624,368 |
| total assets | 17,281,058 | 14,171,324 | 11,918,571 | 11,551,207 | 10,298,164 | 9,805,521 | 9,018,045 | 8,033,912 | 7,189,421 | 4,822,624 | 4,099,698 | 3,889,759 | 3,967,539 | 3,605,525 | 3,141,045 |
| Bank overdraft | 111,409 | 564,785 | 626,869 | 1,737,551 | 2,020,736 | 1,696,607 | 1,761,318 | 1,671,882 | 1,099,504 | 239,711 | 40,944 | 225,847 | 230,785 | 212,458 | |
| Bank loan | 297,936 | 280,000 | 146,723 | ||||||||||||
| Trade Creditors | 2,617,854 | 3,387,146 | 2,775,374 | 2,337,586 | 2,641,433 | 2,698,616 | 2,353,259 | 1,924,101 | 1,502,691 | 1,040,864 | 918,385 | 873,613 | 938,213 | 1,154,249 | 1,737,640 |
| Group/Directors Accounts | 32,947 | 834 | 13,686 | 11,022 | 10,913 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,961,937 | 1,572,124 | 1,023,946 | 1,077,055 | 930,746 | 983,783 | 745,488 | 643,813 | 706,104 | 755,287 | 734,810 | 675,844 | 912,226 | 689,368 | |
| total current liabilities | 4,989,136 | 5,804,055 | 4,426,189 | 5,152,192 | 5,592,915 | 5,525,729 | 4,860,065 | 4,239,796 | 3,308,299 | 2,035,862 | 1,727,086 | 1,776,138 | 2,094,910 | 2,067,097 | 1,748,553 |
| loans | 868,564 | 676,667 | 956,667 | 1,356,131 | 182,128 | 332,733 | 478,872 | 622,560 | 759,473 | ||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 459,199 | 257,006 | 193,208 | 102,283 | 91,516 | 91,516 | 102,283 | ||||||||
| total long term liabilities | 1,327,763 | 933,673 | 1,149,875 | 1,458,414 | 273,644 | 424,249 | 581,155 | 622,560 | 759,473 | ||||||
| total liabilities | 6,316,899 | 6,737,728 | 5,576,064 | 6,610,606 | 5,866,559 | 5,949,978 | 5,441,220 | 4,862,356 | 4,067,772 | 2,035,862 | 1,727,086 | 1,776,138 | 2,094,910 | 2,067,097 | 1,748,553 |
| net assets | 10,964,159 | 7,433,596 | 6,342,507 | 4,940,601 | 4,431,605 | 3,855,543 | 3,576,825 | 3,171,556 | 3,121,649 | 2,786,762 | 2,372,612 | 2,113,621 | 1,872,629 | 1,538,428 | 1,392,492 |
| total shareholders funds | 10,964,159 | 7,433,596 | 6,342,507 | 4,940,601 | 4,431,605 | 3,855,543 | 3,576,825 | 3,171,556 | 3,121,649 | 2,786,762 | 2,372,612 | 2,113,621 | 1,872,629 | 1,538,428 | 1,392,492 |
| 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 | 4,177,780 | 1,794,617 | 914,976 | 811,393 | 747,841 | 349,504 | -94,642 | 207,108 | 493,294 | 541,166 | 358,534 | 324,665 | 454,765 | 350,720 | |
| Depreciation | 133,310 | 139,282 | 102,007 | 116,519 | 147,107 | 134,752 | 130,080 | 128,121 | 93,635 | 76,508 | 55,690 | 52,396 | 29,492 | 34,061 | 29,238 |
| Amortisation | 4,937 | 29,593 | 29,593 | 2,593 | |||||||||||
| Tax | -981,455 | -373,331 | -209,352 | -165,823 | -115,790 | -18,717 | -102,283 | 8,666 | -95,399 | -104,000 | -70,895 | -55,531 | -92,499 | -79,235 | |
| Stock | 1,237,920 | 1,489,132 | 992,410 | -732,710 | 557,232 | -130,871 | 270,694 | 155,537 | 673,633 | 5,153 | 276,600 | -145,705 | 511,226 | 336,135 | 735,293 |
| Debtors | -280,058 | 1,099,275 | -65,621 | -467,327 | -135,777 | 1,192,728 | -101,991 | 475,854 | 252,157 | 744,127 | 89,449 | 4,827 | -321,069 | 447,989 | 1,516,552 |
| Creditors | -769,292 | 611,772 | 437,788 | -303,847 | -57,183 | 345,357 | 429,158 | 421,410 | 461,827 | 122,479 | 44,772 | -64,600 | -216,036 | -583,391 | 1,737,640 |
| Accruals and Deferred Income | 389,813 | 548,178 | -53,109 | 146,309 | -53,037 | 238,295 | 101,675 | -62,291 | -49,183 | 20,477 | 58,966 | -236,382 | 222,858 | 689,368 | |
| Deferred Taxes & Provisions | 202,193 | 63,798 | 90,925 | 10,767 | -10,767 | 102,283 | |||||||||
| Cash flow from operations | 2,194,487 | 195,909 | 361,383 | 1,844,948 | 277,076 | -20,840 | 397,568 | 71,623 | -21,616 | -92,650 | 81,018 | 161,426 | 208,423 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | -101,541 | -110,678 | -541,339 | -1,670,462 | -116,197 | -38,562 | -104,807 | -33,654 | -31,058 | ||||||
| Change in Investments | -2,400,000 | 150,000 | 669,512 | 1,580,488 | -196,260 | 196,260 | |||||||||
| cash flow from investments | 2,400,000 | -150,000 | -101,541 | -780,190 | -541,339 | -3,250,950 | -116,197 | -38,562 | -104,807 | -33,654 | 165,202 | ||||
| Financing Activities | |||||||||||||||
| Bank loans | 17,936 | 280,000 | -146,723 | 146,723 | |||||||||||
| Group/Directors Accounts | -32,947 | 32,113 | -12,852 | 2,664 | 109 | 10,913 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 191,897 | -280,000 | -399,464 | 1,174,003 | -150,605 | -146,139 | -143,688 | -136,913 | 759,473 | ||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -163,403 | -130,197 | -89,518 | -36,574 | -55,989 | -52,069 | -67,318 | -74,867 | -63,008 | -45,949 | -28,183 | -28,142 | -28,066 | -31,996 | |
| cash flow from financing | 544,071 | -130,197 | 146,818 | 1,037,429 | -353,317 | -51,485 | -211,006 | -302,780 | 696,465 | -78,896 | 3,930 | -40,994 | -25,402 | -75,440 | |
| cash and cash equivalents | |||||||||||||||
| cash | 712,711 | -292,834 | -1,529,514 | 2,559,806 | 75,901 | -211,577 | 192,213 | -3,902 | -135,820 | -66,043 | -131,326 | 10,687 | 164,152 | -157,577 | 372,523 |
| overdraft | -453,376 | -62,084 | -1,110,682 | -283,185 | 324,129 | -64,711 | 89,436 | 572,378 | 859,793 | 198,767 | -184,903 | -4,938 | 18,327 | 212,458 | |
| change in cash | 1,166,087 | -230,750 | -418,832 | 2,842,991 | -248,228 | -146,866 | 102,777 | -576,280 | -995,613 | -264,810 | 53,577 | 15,625 | 145,825 | -370,035 | 372,523 |
vectaire limited Credit Report and Business Information
Vectaire Limited Competitor Analysis
Perform a competitor analysis for vectaire limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in HP12 area or any other competitors across 12 key performance metrics.
vectaire limited Ownership
VECTAIRE LIMITED group structure
Vectaire Limited has 2 subsidiary companies.
Ultimate parent company
VECTAIRE LIMITED
02151635
2 subsidiaries
vectaire limited directors
Vectaire Limited currently has 2 directors. The longest serving directors include Mr Victor Gaeta (Apr 1991) and Mr Mario Gaeta (Nov 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Victor Gaeta | 83 years | Apr 1991 | - | Director | |
| Mr Mario Gaeta | United Kingdom | 62 years | Nov 2004 | - | Director |
P&L
December 2023turnover
28m
+31%
operating profit
4.2m
+133%
gross margin
37.4%
+5.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
11m
+0.47%
total assets
17.3m
+0.22%
cash
1.6m
+0.84%
net assets
Total assets minus all liabilities
Similar Companies
vectaire limited company details
company number
02151635
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
July 1987
age
38
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
ryanate limited (September 1987)
accountant
-
auditor
SAFFERY LLP
address
lincoln road, cressex business park, high wycombe, buckinghamshire, HP12 3RH
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
vectaire 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 6 charges/mortgages relating to vectaire limited. Currently there are 1 open charges and 5 have been satisfied in the past.
vectaire 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.
Click to start generating capital raising & share issue transactions for VECTAIRE LIMITED. This can take several minutes, an email will notify you when this has completed.
vectaire limited Companies House Filings - See Documents
| date | description | view/download |
|---|
