viking blinds limited

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viking blinds limited Company Information

Share VIKING BLINDS LIMITED

Company Number

02233724

Shareholders

mark spencer jacobs

mark spencer jacobs & caroline jacobs

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Group Structure

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Industry

Other building completion and finishing

 

Registered Address

exchange house st cross lane, newport, isle of wight, PO30 5BZ

viking blinds limited Estimated Valuation

£85.5k

Pomanda estimates the enterprise value of VIKING BLINDS LIMITED at £85.5k based on a Turnover of £264.1k and 0.32x industry multiple (adjusted for size and gross margin).

viking blinds limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VIKING BLINDS LIMITED at £0 based on an EBITDA of £-7.8k and a 3.58x industry multiple (adjusted for size and gross margin).

viking blinds limited Estimated Valuation

£194.8k

Pomanda estimates the enterprise value of VIKING BLINDS LIMITED at £194.8k based on Net Assets of £80.8k and 2.41x industry multiple (adjusted for liquidity).

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Viking Blinds Limited Overview

Viking Blinds Limited is a live company located in isle of wight, PO30 5BZ with a Companies House number of 02233724. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in March 1988, it's largest shareholder is mark spencer jacobs with a 33.3% stake. Viking Blinds Limited is a mature, micro sized company, Pomanda has estimated its turnover at £264.1k with healthy growth in recent years.

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Viking Blinds Limited Health Check

Pomanda's financial health check has awarded Viking Blinds Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £264.1k, make it smaller than the average company (£402.8k)

£264.1k - Viking Blinds Limited

£402.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (10.4%)

5% - Viking Blinds Limited

10.4% - Industry AVG

production

Production

with a gross margin of 23.9%, this company has a comparable cost of product (23.9%)

23.9% - Viking Blinds Limited

23.9% - Industry AVG

profitability

Profitability

an operating margin of -6.8% make it less profitable than the average company (6.1%)

-6.8% - Viking Blinds Limited

6.1% - Industry AVG

employees

Employees

with 8 employees, this is above the industry average (4)

8 - Viking Blinds Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)

£36.8k - Viking Blinds Limited

£36.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £33k, this is less efficient (£144.7k)

£33k - Viking Blinds Limited

£144.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (48 days)

3 days - Viking Blinds Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 20 days, this is quicker than average (29 days)

20 days - Viking Blinds Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 26 days, this is more than average (19 days)

26 days - Viking Blinds Limited

19 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 113 weeks, this is more cash available to meet short term requirements (22 weeks)

113 weeks - Viking Blinds Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 36.7%, this is a lower level of debt than the average (73.2%)

36.7% - Viking Blinds Limited

73.2% - Industry AVG

VIKING BLINDS LIMITED financials

EXPORTms excel logo

Viking Blinds Limited's latest turnover from December 2023 is estimated at £264.1 thousand and the company has net assets of £80.8 thousand. According to their latest financial statements, Viking Blinds Limited has 8 employees and maintains cash reserves of £94.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover264,067273,555246,540230,807258,780247,44458,77250,33556,90284,635103,806151,716140,943144,572
Other Income Or Grants
Cost Of Sales200,888206,559183,939163,786183,591173,24040,71335,46539,64557,47475,047108,77299,131102,796
Gross Profit63,17966,99662,60067,02275,18974,20418,05914,87017,25727,16228,75942,94441,81241,776
Admin Expenses81,11674,05645,51654,84862,43571,65426,30523,1397,254-6,81617,48348,75159,77956,157-93,897
Operating Profit-17,937-7,06017,08412,17412,7542,550-8,246-8,26910,00333,97811,276-5,807-17,967-14,38193,897
Interest Payable
Interest Receivable5,7264,35628092607497294173335222152185252324183
Pre-Tax Profit-12,211-2,70417,36412,26513,3603,047-7,952-8,09610,33934,20011,427-5,622-17,715-14,05794,081
Tax-3,299-2,330-2,538-579-2,068-7,182-2,628-26,343
Profit After Tax-12,211-2,70414,0659,93510,8222,468-7,952-8,0968,27127,0188,799-5,622-17,715-14,05767,738
Dividends Paid
Retained Profit-12,211-2,70414,0659,93510,8222,468-7,952-8,0968,27127,0188,799-5,622-17,715-14,05767,738
Employee Costs294,733301,829281,328276,821290,917299,34534,57938,91439,69139,15937,85435,12234,74332,946
Number Of Employees88888811111111
EBITDA*-7,8043,62127,96313,79217,9977,883-1,411-2,15615,73939,30814,023-2,285-11,601-9,995100,379

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets14,24523,46533,5277,0136,39711,23311,22716,7499,75313,3418,2257,37310,8955,17812,212
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets14,24523,46533,5277,0136,39711,23311,22716,7499,75313,3418,2257,37310,8955,17812,212
Stock & work in progress14,50413,50817,06114,5429,2356,30810,9325,0826,6446,8528,7287,9666,9187,0927,391
Trade Debtors2,6646,0181,5311,0178292612,1423,8394,6776,4288,20012,0015,88511,7083,962
Group Debtors
Misc Debtors1,6274,0621,2641,2881,2771,2442,0272,0931,282
Cash94,600123,547125,39498,81084,86776,95555,67361,84476,47957,71130,90029,74844,25756,45073,277
misc current assets
total current assets113,395147,135145,250115,65796,20884,76870,77472,85889,08270,99147,82849,71557,06075,25084,630
total assets127,640170,600178,777122,670102,60596,00182,00189,60798,83584,33256,05357,08867,95580,42896,842
Bank overdraft
Bank loan
Trade Creditors 11,18919,33617,04613,31610,2968,51011,2518,4739,24118,16816,90726,74131,98625,65825,523
Group/Directors Accounts
other short term finances
hp & lease commitments8,2738,2737,584
other current liabilities24,03536,61234,87926,41019,41724,50210,23011,44515,159
total current liabilities43,49764,22159,50939,72629,71333,01221,48119,91824,40018,16816,90726,74131,98625,65825,523
loans
hp & lease commitments6758,94817,221
Accruals and Deferred Income
other liabilities1,013
provisions2,7064,4586,3701,3321,2152,1342,1333,3501,0862,565
total long term liabilities3,38113,40623,5911,3321,2152,1342,1333,3501,0863,578
total liabilities46,87877,62783,10041,05830,92835,14623,61423,26824,40018,16816,90726,74131,98626,74429,101
net assets80,76292,97395,67781,61271,67760,85558,38766,33974,43566,16439,14630,34735,96953,68467,741
total shareholders funds80,76292,97395,67781,61271,67760,85558,38766,33974,43566,16439,14630,34735,96953,68467,741
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-17,937-7,06017,08412,17412,7542,550-8,246-8,26910,00333,97811,276-5,807-17,967-14,38193,897
Depreciation10,13310,68110,8791,6185,2435,3336,8356,1135,7365,3302,7473,5226,3664,3866,482
Amortisation
Tax-3,299-2,330-2,538-579-2,068-7,182-2,628-26,343
Stock996-3,5532,5195,3072,927-4,6245,850-1,562-208-1,8767621,048-174-2997,391
Debtors-5,7897,285490199601-2,664-1,763-27-469-1,772-3,8016,116-5,8237,7463,962
Creditors-8,1472,2903,7303,0201,786-2,7412,778-768-8,9271,261-9,834-5,2456,32813525,523
Accruals and Deferred Income-12,5771,7338,4696,993-5,08514,272-1,215-3,71415,159
Deferred Taxes & Provisions-1,752-1,9125,038117-9191-1,2173,350-1,086-1,4792,565
Cash flow from operations-25,4872,00038,89216,0867,71326,124-5,152-1,69920,58037,0354,600-14,694-362-18,78690,771
Investing Activities
capital expenditure-913-619-37,393-2,234-407-5,339-1,313-13,109-2,148-10,446-3,599-12,0832,648-18,694
Change in Investments
cash flow from investments-913-619-37,393-2,234-407-5,339-1,313-13,109-2,148-10,446-3,599-12,0832,648-18,694
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-8,273-7,58424,805
other long term liabilities-1,0131,013
share issue3
interest5,7264,35628092607497294173335222152185252324183
cash flow from financing-2,547-3,22825,08592607497294173335222152185252-6891,199
cash and cash equivalents
cash-28,947-1,84726,58413,9437,91221,282-6,171-14,63518,76826,8111,152-14,509-12,193-16,82773,277
overdraft
change in cash-28,947-1,84726,58413,9437,91221,282-6,171-14,63518,76826,8111,152-14,509-12,193-16,82773,277

viking blinds limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Viking Blinds Limited Competitor Analysis

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Perform a competitor analysis for viking blinds limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in PO30 area or any other competitors across 12 key performance metrics.

viking blinds limited Ownership

VIKING BLINDS LIMITED group structure

Viking Blinds Limited has no subsidiary companies.

Ultimate parent company

VIKING BLINDS LIMITED

02233724

VIKING BLINDS LIMITED Shareholders

mark spencer jacobs 33.33%
mark spencer jacobs & caroline jacobs 33.33%
caroline jacobs 33.33%

viking blinds limited directors

Viking Blinds Limited currently has 2 directors. The longest serving directors include Mr Mark Jacobs (Mar 1991) and Mrs Caroline Jacobs (Aug 2010).

officercountryagestartendrole
Mr Mark Jacobs58 years Mar 1991- Director
Mrs Caroline Jacobs57 years Aug 2010- Director

P&L

December 2023

turnover

264.1k

-3%

operating profit

-17.9k

0%

gross margin

24%

-2.31%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

80.8k

-0.13%

total assets

127.6k

-0.25%

cash

94.6k

-0.23%

net assets

Total assets minus all liabilities

viking blinds limited company details

company number

02233724

Type

Private limited with Share Capital

industry

43390 - Other building completion and finishing

incorporation date

March 1988

age

37

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

medina glazing limited (January 1990)

priorstake limited (May 1988)

accountant

BRIGHT BROWN LTD

auditor

-

address

exchange house st cross lane, newport, isle of wight, PO30 5BZ

Bank

-

Legal Advisor

-

viking blinds 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 did not find charges/mortgages relating to viking blinds limited.

viking blinds 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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viking blinds limited Companies House Filings - See Documents

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