Pomanda estimates the enterprise value of JOHN VEITCH LIMITED at £3.7m based on a Turnover of £9.8m and 0.38x industry multiple (adjusted for size and gross margin).
john veitch limitedEstimated Valuation
£3.2m
Pomanda estimates the enterprise value of JOHN VEITCH LIMITED at £3.2m based on an EBITDA of £730.1k and a 4.36x industry multiple (adjusted for size and gross margin).
john veitch limitedEstimated Valuation
£2.1m
Pomanda estimates the enterprise value of JOHN VEITCH LIMITED at £2.1m based on Net Assets of £1.1m and 1.85x industry multiple (adjusted for liquidity).
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John Veitch LimitedOverview
John Veitch Limited is a live company located in halifax, HX7 5HZ with a Companies House number of 02208536. It operates in the wholesale of household goods (other than musical instruments) n.e.c. sector, SIC Code 46499. Founded in December 1987, it's largest shareholder is
jvl holdings ltd
with a 100% stake. John Veitch Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£9.8m with
declining
growth in recent years.
Pomanda's financial health check has awarded John Veitch Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
8 Weak
Size
annual sales of £9.8m, make it smaller than the average company (£20.4m)
£9.8m - John Veitch Limited
£20.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.8%)
-11% - John Veitch Limited
4.8% - Industry AVG
Production
with a gross margin of 38.5%, this company has a comparable cost of product (33.2%)
38.5% - John Veitch Limited
33.2% - Industry AVG
Profitability
an operating margin of 6.8% make it more profitable than the average company (4.3%)
6.8% - John Veitch Limited
4.3% - Industry AVG
Employees
with 47 employees, this is below the industry average (61)
47 - John Veitch Limited
61 - Industry AVG
Pay Structure
on an average salary of £30.3k, the company has a lower pay structure (£45.2k)
£30.3k - John Veitch Limited
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £207.9k, this is less efficient (£360.4k)
£207.9k - John Veitch Limited
£360.4k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (46 days)
85 days - John Veitch Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (31 days)
72 days - John Veitch Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 181 days, this is more than average (99 days)
181 days - John Veitch Limited
99 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - John Veitch Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.4%, this is a higher level of debt than the average (50.8%)
82.4% - John Veitch Limited
50.8% - Industry AVG
JOHN VEITCH LIMITED financials
EXPORT
John Veitch Limited's latest turnover from April 2024 is £9.8 million and the company has net assets of £1.1 million. According to their latest financial statements, John Veitch Limited has 47 employees and maintains cash reserves of £21.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
May 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
9,773,535
10,408,143
12,729,718
13,870,542
12,362,457
12,503,315
12,777,502
12,774,940
12,951,946
13,596,917
13,876,283
13,490,036
12,538,582
14,079,003
14,513,136
Other Income Or Grants
Cost Of Sales
6,012,226
6,962,927
8,375,244
9,289,874
8,722,187
8,616,411
8,827,831
8,811,225
8,867,334
9,436,054
9,934,350
9,779,230
9,120,605
10,570,162
10,899,836
Gross Profit
3,761,309
3,445,216
4,354,474
4,580,668
3,640,270
3,886,904
3,949,671
3,963,715
4,084,612
4,160,863
3,941,933
3,710,806
3,417,977
3,508,841
3,613,300
Admin Expenses
3,099,830
3,037,284
3,398,621
3,317,026
3,412,782
3,391,715
3,280,844
3,198,497
3,453,801
3,206,674
3,140,321
3,094,421
3,020,076
2,948,068
3,067,811
Operating Profit
661,479
407,932
955,853
1,263,642
227,488
495,189
668,827
765,218
630,811
954,189
801,612
616,385
397,901
560,773
545,489
Interest Payable
268,446
203,134
188,229
192,278
227,538
198,486
145,597
123,835
122,353
110,294
139,784
110,695
107,200
116,898
144,753
Interest Receivable
56,920
850
798
Pre-Tax Profit
393,033
261,718
767,624
1,071,364
-50
296,703
523,230
641,383
508,458
843,895
661,828
505,690
291,551
443,876
401,534
Tax
-75,498
-35,267
-158,616
-231,501
11,013
-70,398
-103,223
-113,198
-151,975
-186,633
-152,721
-125,922
-33,091
-120,095
-119,798
Profit After Tax
317,535
226,451
609,008
839,863
10,963
226,305
420,007
528,185
356,483
657,262
509,107
379,768
258,460
323,781
281,736
Dividends Paid
211,000
250,000
208,000
132,000
150,988
135,000
1,799,489
132,124
223,800
140,700
285,000
208,117
150,500
190,950
135,500
Retained Profit
106,535
-23,549
364,636
663,559
-160,909
66,865
-1,393,370
378,638
122,199
497,301
204,793
149,467
104,978
132,831
146,236
Employee Costs
1,422,134
1,367,529
1,505,428
1,591,970
1,608,584
1,553,742
1,623,692
1,765,238
1,717,697
1,589,964
1,569,335
1,457,169
1,552,838
1,484,265
1,570,968
Number Of Employees
47
48
66
71
70
68
71
74
71
70
68
66
72
68
72
EBITDA*
730,144
464,209
1,008,428
1,311,651
292,153
548,662
716,224
813,260
673,707
987,010
826,269
642,055
427,595
597,885
590,844
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
May 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
255,327
180,326
365,078
341,457
336,582
326,428
310,323
335,006
344,124
333,654
232,517
241,987
244,487
151,842
171,808
Intangible Assets
Investments & Other
4,000
4,000
Debtors (Due After 1 year)
664,376
713,671
728,679
796,062
50,263
38,913
42,609
24,326
828,814
724,141
568,780
518,581
Total Fixed Assets
259,327
848,702
1,078,749
1,070,136
1,132,644
376,691
349,236
377,615
368,450
1,162,468
956,658
810,767
763,068
151,842
171,808
Stock & work in progress
2,992,776
2,898,446
3,854,967
2,961,731
2,763,728
3,202,472
2,857,850
2,753,092
2,169,590
2,369,401
2,392,952
2,287,352
2,240,269
2,063,157
1,880,501
Trade Debtors
2,296,162
2,417,882
3,159,323
3,424,684
2,373,730
2,267,056
2,881,195
2,321,293
2,278,994
1,996,901
2,032,377
2,463,576
2,407,281
1,972,296
2,540,712
Group Debtors
728,646
70,970
70,970
70,970
644,962
390,564
1,718,040
1,359,509
416,712
298,180
Misc Debtors
185,336
196,295
522,512
343,473
308,593
406,810
248,918
253,585
218,866
203,533
257,950
458,867
350,573
278,900
325,889
Cash
21,691
846,070
862,340
208,310
257,302
148,950
348,197
200,922
333,729
158,124
376,718
441,605
387,477
587,415
misc current assets
total current assets
6,224,611
5,583,593
8,453,842
7,663,198
5,654,361
6,778,602
6,527,477
7,394,207
6,227,881
4,903,564
4,841,403
5,586,513
5,439,728
5,118,542
5,632,697
total assets
6,483,938
6,432,295
9,532,591
8,733,334
6,787,005
7,155,293
6,876,713
7,771,822
6,596,331
6,066,032
5,798,061
6,397,280
6,202,796
5,270,384
5,804,505
Bank overdraft
450,837
472,374
1,028,814
90,000
66,211
465,849
83,712
206,723
40,471
319,834
282,532
1,088,334
1,271,393
Bank loan
90,000
90,000
Trade Creditors
1,193,211
957,931
1,540,377
1,064,858
1,082,504
1,824,702
1,748,007
1,552,534
1,503,893
1,505,550
1,294,543
1,227,895
1,308,697
1,277,749
1,311,457
Group/Directors Accounts
67,757
other short term finances
1,090,434
1,163,371
1,573,979
2,355,660
2,369,406
3,531,546
3,635,961
1,485,929
2,611,700
3,198,852
3,035,253
1,534,223
1,850,193
hp & lease commitments
6,584
6,181
other current liabilities
2,374,959
2,424,716
3,154,230
3,311,898
1,944,529
305,058
458,880
2,349,433
3,152,727
2,489,709
573,794
515,645
568,059
530,968
633,896
total current liabilities
5,199,441
5,176,149
7,297,400
6,822,416
5,462,650
6,127,155
5,926,560
5,387,896
4,656,620
4,201,982
4,520,508
5,262,226
5,194,541
4,437,858
5,073,120
loans
97,500
187,500
277,500
360,000
450,000
54,218
hp & lease commitments
8,864
Accruals and Deferred Income
other liabilities
15,886
17,798
21,140
4,082
6,107
8,942
9,268
2,796
3,852
5,966
6,907
1,402
3,005
provisions
45,225
33,409
52,554
47,463
30,941
31,364
30,121
30,232
32,674
31,451
15,787
17,847
14,629
14,749
16,712
total long term liabilities
142,725
220,909
345,940
425,261
502,081
35,446
36,228
39,174
41,942
34,247
19,639
23,813
75,754
16,151
28,581
total liabilities
5,342,166
5,397,058
7,643,340
7,247,677
5,964,731
6,162,601
5,962,788
5,427,070
4,698,562
4,236,229
4,540,147
5,286,039
5,270,295
4,454,009
5,101,701
net assets
1,141,772
1,035,237
1,635,750
1,268,528
649,449
840,751
786,424
2,231,139
1,801,579
1,723,679
1,165,618
1,020,811
864,256
816,375
702,804
total shareholders funds
1,141,772
1,035,237
1,635,750
1,268,528
649,449
840,751
786,424
2,231,139
1,801,579
1,723,679
1,165,618
1,020,811
864,256
816,375
702,804
Apr 2024
Apr 2023
Apr 2022
Apr 2021
May 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
661,479
407,932
955,853
1,263,642
227,488
495,189
668,827
765,218
630,811
954,189
801,612
616,385
397,901
560,773
545,489
Depreciation
68,665
56,277
52,575
48,009
64,665
53,473
47,397
48,042
42,896
32,821
24,657
25,670
29,694
37,112
45,355
Amortisation
Tax
-75,498
-35,267
-158,616
-231,501
11,013
-70,398
-103,223
-113,198
-151,975
-186,633
-152,721
-125,922
-33,091
-120,095
-119,798
Stock
94,330
-956,521
893,236
198,003
-438,744
344,622
104,758
583,502
-199,811
-23,551
105,600
47,083
177,112
182,656
1,880,501
Debtors
-139,379
-1,116,953
-101,330
1,089,421
109,294
-190,499
-775,937
453,832
852,447
14,780
-476,755
214,788
608,527
-496,873
3,164,781
Creditors
235,280
-582,446
475,519
-17,646
-742,198
76,695
195,473
48,641
-1,657
211,007
66,648
-80,802
30,948
-33,708
1,311,457
Accruals and Deferred Income
-49,757
-729,514
-157,668
1,367,369
1,639,471
-153,822
-1,890,553
-803,294
663,018
1,915,915
58,149
-52,414
37,091
-102,928
633,896
Deferred Taxes & Provisions
11,816
-19,145
5,091
16,522
-423
1,243
-111
-2,442
1,223
15,664
-2,060
3,218
-120
-1,963
16,712
Cash flow from operations
897,034
1,171,311
380,848
1,158,971
1,529,466
248,257
-411,011
-1,094,367
531,680
2,951,734
1,167,440
124,264
-323,216
653,408
-2,612,171
Investing Activities
capital expenditure
-143,666
128,475
-76,196
-52,884
-74,819
-69,578
-22,714
-38,924
-53,366
-133,958
-15,187
-23,170
-122,339
-17,146
-217,163
Change in Investments
4,000
cash flow from investments
-143,666
124,475
-76,196
-52,884
-74,819
-69,578
-22,714
-38,924
-53,366
-133,958
-15,187
-23,170
-122,339
-17,146
-217,163
Financing Activities
Bank loans
90,000
Group/Directors Accounts
-67,757
67,757
Other Short Term Loans
-72,937
-410,608
-781,681
-13,746
-1,162,140
-104,415
2,150,032
1,485,929
-2,611,700
-587,152
163,599
1,501,030
-315,970
1,850,193
Long term loans
-90,000
-90,000
-82,500
-90,000
450,000
-54,218
54,218
Hire Purchase and Lease Commitments
-6,584
-8,461
15,045
other long term liabilities
-15,886
-1,912
-3,342
17,058
-2,025
-2,835
-326
6,472
-1,056
-2,114
-941
5,505
-1,603
3,005
share issue
-576,964
2,586
-44,480
-30,393
-12,538
-51,345
50,922
-44,299
60,760
-59,986
7,088
-57,097
-19,260
556,568
interest
-268,446
-146,214
-188,229
-192,278
-227,538
-198,486
-145,597
-123,835
-122,353
-110,294
-139,784
-110,695
-106,350
-116,898
-143,955
cash flow from financing
-499,140
-1,081,915
-1,051,736
-343,846
-953,013
-317,464
1,950,255
1,412,690
-160,180
-2,662,290
-789,036
4,833
1,390,722
-462,192
2,280,856
cash and cash equivalents
cash
21,691
-846,070
-16,270
654,030
-48,992
108,352
-199,247
147,275
-132,807
175,605
-218,594
-64,887
54,128
-199,938
587,415
overdraft
-21,537
-556,440
938,814
23,789
-399,638
382,137
83,712
-206,723
166,252
-279,363
37,302
-805,802
-183,059
1,271,393
change in cash
43,228
-289,630
-955,084
630,241
350,646
-273,785
-282,959
147,275
73,916
9,353
60,769
-102,189
859,930
-16,879
-683,978
john veitch limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for john veitch limited. Get real-time insights into john veitch limited's credit score, group structure and payment trends.
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orchard business park, mytholmroyd, halifax, west yorkshire, HX7 5HZ
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john veitch 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 19 charges/mortgages relating to john veitch limited. Currently there are 4 open charges and 15 have been satisfied in the past.
john veitch 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.
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john veitch limitedCompanies House Filings - See Documents
