vigeland properties ltd

vigeland properties ltd Company Information

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MatureLargeDeclining

Company Number

03135981

Industry

Buying and selling of own real estate

 

Management of real estate on a fee or contract basis

 
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Shareholders

bay trust international ltd

Group Structure

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Contact

Registered Address

vaughan chambers vaughan road, harpenden, hertfordshire, AL5 4EE

Website

-

vigeland properties ltd Estimated Valuation

£254.2m

Pomanda estimates the enterprise value of VIGELAND PROPERTIES LTD at £254.2m based on a Turnover of £42.4m and 6x industry multiple (adjusted for size and gross margin).

vigeland properties ltd Estimated Valuation

£13.6m

Pomanda estimates the enterprise value of VIGELAND PROPERTIES LTD at £13.6m based on an EBITDA of £944.8k and a 14.38x industry multiple (adjusted for size and gross margin).

vigeland properties ltd Estimated Valuation

£848.1k

Pomanda estimates the enterprise value of VIGELAND PROPERTIES LTD at £848.1k based on Net Assets of £495.1k and 1.71x industry multiple (adjusted for liquidity).

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Vigeland Properties Ltd Overview

Vigeland Properties Ltd is a live company located in hertfordshire, AL5 4EE with a Companies House number of 03135981. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 1995, it's largest shareholder is bay trust international ltd with a 100% stake. Vigeland Properties Ltd is a mature, large sized company, Pomanda has estimated its turnover at £42.4m with declining growth in recent years.

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Vigeland Properties Ltd Health Check

Pomanda's financial health check has awarded Vigeland Properties Ltd a 2 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £42.4m, make it larger than the average company (£904.4k)

£42.4m - Vigeland Properties Ltd

£904.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (2.6%)

-10% - Vigeland Properties Ltd

2.6% - Industry AVG

production

Production

with a gross margin of 62.1%, this company has a comparable cost of product (62.1%)

62.1% - Vigeland Properties Ltd

62.1% - Industry AVG

profitability

Profitability

an operating margin of 2.2% make it less profitable than the average company (27.4%)

2.2% - Vigeland Properties Ltd

27.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Vigeland Properties Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)

£35.6k - Vigeland Properties Ltd

£35.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £42.4m, this is more efficient (£155.7k)

£42.4m - Vigeland Properties Ltd

£155.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 61 days, this is later than average (30 days)

61 days - Vigeland Properties Ltd

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (33 days)

0 days - Vigeland Properties Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Vigeland Properties Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (16 weeks)

1 weeks - Vigeland Properties Ltd

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.4%, this is a higher level of debt than the average (69.2%)

93.4% - Vigeland Properties Ltd

69.2% - Industry AVG

VIGELAND PROPERTIES LTD financials

EXPORTms excel logo

Vigeland Properties Ltd's latest turnover from March 2023 is estimated at £42.4 million and the company has net assets of £495.1 thousand. According to their latest financial statements, Vigeland Properties Ltd has 1 employee and maintains cash reserves of £138.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Aug 2010
Turnover42,368,55652,727,63651,787,80557,685,22958,044,23259,509,047194,28919,420,50317,682,27920,007,39520,100,32720,684,03217,011,0227,914,117
Other Income Or Grants00000000000000
Cost Of Sales16,058,28319,766,27819,276,67920,909,71020,667,37521,641,53570,8597,193,7887,340,1768,540,3548,332,5778,516,9957,188,0093,416,532
Gross Profit26,310,27332,961,35832,511,12736,775,52037,376,85737,867,512123,43012,226,71510,342,10211,467,04111,767,75112,167,0369,823,0134,497,584
Admin Expenses25,365,49232,277,04931,898,93936,173,35736,716,66537,235,867-188,11012,214,68110,334,37911,440,42111,753,92012,140,4619,812,8724,356,351
Operating Profit944,781684,309612,188602,163660,192631,645311,54012,0347,72326,62013,83126,57510,141141,233
Interest Payable838,064636,271562,800550,600609,271586,705282,0700000000
Interest Receivable4,8745375761279451,8573,71310216471,453807
Pre-Tax Profit111,59148,57549,44451,62351,20044,98531,32815,7487,73326,62213,83327,22211,594142,040
Tax-21,202-9,229-9,394-9,808-9,728-8,547-6,265-3,149-1,624-6,123-3,320-7,078-3,246-39,771
Profit After Tax90,38939,34640,05041,81541,47236,43825,06212,5986,10920,49910,51320,1448,348102,269
Dividends Paid00000000000000
Retained Profit90,38939,34640,05041,81541,47236,43825,06212,5986,10920,49910,51320,1448,348102,269
Employee Costs35,62034,41832,95433,64533,34731,57031,3124,165,1283,476,6083,938,7194,023,6564,128,9273,460,5111,674,100
Number Of Employees111111112611112713614011755
EBITDA*944,842684,329612,215602,199660,241631,709311,54012,1487,87626,82314,10226,93610,388142,060

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Aug 2010
Tangible Assets162821091451942587,026,6087,167,9537,450,5698,407,6158,407,8868,408,2478,895,742
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets162821091451942587,026,6087,167,9537,450,5698,407,6158,407,8868,408,2478,895,742
Stock & work in progress00000000000000
Trade Debtors7,151,4369,647,7449,635,4069,234,6249,242,4369,260,92801,078,425865,5261,097,5531,080,7911,176,384774,835809,715
Group Debtors00000000000000
Misc Debtors214,231214,336214,336164,447115,958115,7319,340,6230000000
Cash138,25791,12752,01061,35259,89514,5053,6541,481,8243,533323323252258,472322,765
misc current assets00000000000000
total current assets7,503,9249,953,2079,901,7529,460,4239,418,2899,391,1649,344,2772,560,249869,0591,097,8761,081,1141,176,6361,033,3071,132,480
total assets7,503,9259,953,2699,901,8349,460,5329,418,4349,391,3589,344,5359,586,8578,037,0128,548,4459,488,7299,584,5229,441,55410,028,222
Bank overdraft6,926,2349,426,2349,426,2349,026,2349,026,2349,026,2349,026,2320000000
Bank loan00000000000000
Trade Creditors 13,81670,33470,33470,33471,83488,74377,8049,406,3757,869,1288,386,6709,347,4539,453,7599,330,9351,166,302
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities68,82152,03639,94738,69536,91234,39934,9550000000
total current liabilities7,008,8719,548,6049,536,5159,135,2639,134,9809,149,3769,138,9919,406,3757,869,1288,386,6709,347,4539,453,7599,330,9351,166,302
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000008,759,649
provisions00000000000000
total long term liabilities00000000000008,759,649
total liabilities7,008,8719,548,6049,536,5159,135,2639,134,9809,149,3769,138,9919,406,3757,869,1288,386,6709,347,4539,453,7599,330,9359,925,951
net assets495,054404,665365,319325,269283,454241,982205,544180,482167,884161,775141,276130,763110,619102,271
total shareholders funds495,054404,665365,319325,269283,454241,982205,544180,482167,884161,775141,276130,763110,619102,271
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Aug 2010
Operating Activities
Operating Profit944,781684,309612,188602,163660,192631,645311,54012,0347,72326,62013,83126,57510,141141,233
Depreciation6120273649640114153203271361247827
Amortisation00000000000000
Tax-21,202-9,229-9,394-9,808-9,728-8,547-6,265-3,149-1,624-6,123-3,320-7,078-3,246-39,771
Stock00000000000000
Debtors-2,496,41312,338450,67140,677-18,26536,0368,262,198212,899-232,02716,762-95,593401,549-34,880809,715
Creditors-56,51800-1,500-16,90910,939-9,328,5711,537,247-517,542-960,783-106,306122,8248,164,6331,166,302
Accruals and Deferred Income16,78512,0891,2521,7832,513-55634,9550000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations3,380,320674,851153,402551,997654,382597,509-17,250,5391,333,347-279,263-956,84569-258,8678,206,655458,876
Investing Activities
capital expenditure0000007,026,350141,231282,463956,84300487,248-8,896,569
Change in Investments00000000000000
cash flow from investments0000007,026,350141,231282,463956,84300487,248-8,896,569
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities000000000000-8,759,6498,759,649
share issue00000000000002
interest-833,190-635,734-562,743-550,539-608,992-586,660-280,2133,71310216471,453807
cash flow from financing-833,190-635,734-562,743-550,539-608,992-586,660-280,2133,7131021647-8,758,1968,760,458
cash and cash equivalents
cash47,13039,117-9,3421,45745,39010,851-1,478,1701,478,2913,210071-258,220-64,293322,765
overdraft-2,500,0000400,0000029,026,2320000000
change in cash2,547,13039,117-409,3421,45745,39010,849-10,504,4021,478,2913,210071-258,220-64,293322,765

vigeland properties ltd 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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Vigeland Properties Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for vigeland properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in AL5 area or any other competitors across 12 key performance metrics.

vigeland properties ltd Ownership

VIGELAND PROPERTIES LTD group structure

Vigeland Properties Ltd has no subsidiary companies.

Ultimate parent company

VIGELAND PROPERTIES LTD

03135981

VIGELAND PROPERTIES LTD Shareholders

bay trust international ltd 100%

vigeland properties ltd directors

Vigeland Properties Ltd currently has 1 director, Mr Glencoe Wilson serving since Sep 2015.

officercountryagestartendrole
Mr Glencoe Wilson80 years Sep 2015- Director

P&L

March 2023

turnover

42.4m

-20%

operating profit

944.8k

0%

gross margin

62.1%

-0.66%

turnover

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

Balance Sheet

March 2023

net assets

495.1k

+0.22%

total assets

7.5m

-0.25%

cash

138.3k

+0.52%

net assets

Total assets minus all liabilities

vigeland properties ltd company details

company number

03135981

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

68100 - Buying and selling of own real estate

68320 - Management of real estate on a fee or contract basis

incorporation date

December 1995

age

29

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

empire building company limited (March 1996)

accountant

HICKS & CO

auditor

-

address

vaughan chambers vaughan road, harpenden, hertfordshire, AL5 4EE

Bank

-

Legal Advisor

-

vigeland properties 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 58 charges/mortgages relating to vigeland properties ltd. Currently there are 4 open charges and 54 have been satisfied in the past.

vigeland properties 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.

Click to start generating capital raising & share issue transactions for VIGELAND PROPERTIES LTD. This can take several minutes, an email will notify you when this has completed.

vigeland properties ltd Companies House Filings - See Documents

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