velcroft limited
velcroft limited Company Information
Company Number
03447698
Website
-Registered Address
204 moulsham street, chelmsford, CM2 0LG
Industry
Residents property management
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
melanie phelan 16.7%
cariati massimiliano & harriet rainbow 16.7%
View Allvelcroft limited Estimated Valuation
Pomanda estimates the enterprise value of VELCROFT LIMITED at £90.7k based on a Turnover of £52.7k and 1.72x industry multiple (adjusted for size and gross margin).
velcroft limited Estimated Valuation
Pomanda estimates the enterprise value of VELCROFT LIMITED at £0 based on an EBITDA of £-25k and a 1.19x industry multiple (adjusted for size and gross margin).
velcroft limited Estimated Valuation
Pomanda estimates the enterprise value of VELCROFT LIMITED at £40.8k based on Net Assets of £21k and 1.94x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Velcroft Limited Overview
Velcroft Limited is a live company located in chelmsford, CM2 0LG with a Companies House number of 03447698. It operates in the residents property management sector, SIC Code 98000. Founded in October 1997, it's largest shareholder is melanie phelan with a 16.7% stake. Velcroft Limited is a mature, micro sized company, Pomanda has estimated its turnover at £52.7k with declining growth in recent years.
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Velcroft Limited Health Check
Pomanda's financial health check has awarded Velcroft Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £52.7k, make it smaller than the average company (£124k)
- Velcroft Limited
£124k - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (5.5%)
- Velcroft Limited
5.5% - Industry AVG
Production
with a gross margin of 30.5%, this company has a higher cost of product (79.8%)
- Velcroft Limited
79.8% - Industry AVG
Profitability
an operating margin of -47.5% make it less profitable than the average company (5.8%)
- Velcroft Limited
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Velcroft Limited
6 - Industry AVG
Pay Structure
on an average salary of £30.3k, the company has an equivalent pay structure (£30.3k)
- Velcroft Limited
£30.3k - Industry AVG
Efficiency
resulting in sales per employee of £52.7k, this is less efficient (£67.1k)
- Velcroft Limited
£67.1k - Industry AVG
Debtor Days
it gets paid by customers after 153 days, this is later than average (32 days)
- Velcroft Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (31 days)
- Velcroft Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Velcroft Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Velcroft Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.4%, this is a lower level of debt than the average (50.6%)
5.4% - Velcroft Limited
50.6% - Industry AVG
VELCROFT LIMITED financials
Velcroft Limited's latest turnover from December 2023 is estimated at £52.7 thousand and the company has net assets of £21 thousand. According to their latest financial statements, we estimate that Velcroft Limited has 1 employee and maintains cash reserves of 0 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 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,878 | 14,881 | 15,001 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -7,809 | -1,283 | 3,890 | ||||||||||||
| Interest Payable | 0 | 0 | 0 | ||||||||||||
| Interest Receivable | 1 | 4 | 13 | ||||||||||||
| Pre-Tax Profit | -7,808 | -1,279 | 3,903 | ||||||||||||
| Tax | 0 | 0 | 0 | ||||||||||||
| Profit After Tax | -7,808 | -1,279 | 3,903 | ||||||||||||
| Dividends Paid | 0 | 0 | 0 | ||||||||||||
| Retained Profit | -7,808 | -1,279 | 3,903 | ||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | -7,809 | -1,283 | 3,890 |
* 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 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,187 | 47,117 | 43,662 | 39,184 | 34,806 | 27,108 | 22,935 | 2,713 | 10,373 | 2,573 | 1,508 | 1,625 | 0 | 2,086 | 1,142 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,549 | 1,436 | 1,324 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,615 | 3,287 | 6,069 | 9,587 | 4,782 | 1,917 | 7,536 | 9,754 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 22,187 | 47,117 | 43,662 | 39,184 | 34,806 | 27,108 | 22,935 | 18,328 | 13,660 | 8,642 | 11,095 | 6,407 | 3,466 | 11,058 | 12,220 |
| total assets | 22,187 | 47,117 | 43,662 | 39,184 | 34,806 | 27,108 | 22,935 | 18,328 | 13,660 | 8,642 | 11,095 | 6,407 | 3,466 | 11,058 | 12,220 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,203 | 1,088 | 1,048 | 915 | 915 | 1,175 | 1,175 | 1,470 | 550 | 4,189 | 1,148 | 1,143 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 327 | 327 | 327 |
| 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 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 846 | 630 | 513 |
| total current liabilities | 1,203 | 1,088 | 1,048 | 915 | 915 | 1,175 | 1,175 | 1,470 | 550 | 4,189 | 1,148 | 1,143 | 1,173 | 957 | 840 |
| loans | 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 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 583 | 760 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 583 | 760 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,203 | 1,088 | 1,048 | 915 | 915 | 1,175 | 1,175 | 1,470 | 1,133 | 4,949 | 1,148 | 1,143 | 1,173 | 957 | 840 |
| net assets | 20,984 | 46,029 | 42,614 | 38,269 | 33,891 | 25,933 | 21,760 | 16,858 | 12,527 | 3,693 | 9,947 | 5,264 | 2,293 | 10,101 | 11,380 |
| total shareholders funds | 20,984 | 46,029 | 42,614 | 38,269 | 33,891 | 25,933 | 21,760 | 16,858 | 12,527 | 3,693 | 9,947 | 5,264 | 2,293 | 10,101 | 11,380 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -7,809 | -1,283 | 3,890 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -24,930 | 3,455 | 4,478 | 4,378 | 7,698 | 4,173 | 20,222 | -7,660 | 7,800 | 1,065 | -117 | 76 | -1,973 | 1,056 | 2,466 |
| Creditors | 115 | 40 | 133 | 0 | -260 | 0 | -295 | 920 | -3,639 | 3,041 | 5 | 1,143 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -583 | -177 | 760 | 0 | -846 | 216 | 117 | 513 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -5,620 | -2,222 | 1,937 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -327 | 0 | 0 | 327 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 1 | 4 | 13 | ||||||||||||
| cash flow from financing | 1 | 4 | 7,817 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -15,615 | 12,328 | -2,782 | -3,518 | 4,805 | 2,865 | -5,619 | -2,218 | 9,754 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -15,615 | 12,328 | -2,782 | -3,518 | 4,805 | 2,865 | -5,619 | -2,218 | 9,754 |
velcroft limited Credit Report and Business Information
Velcroft Limited Competitor Analysis
Perform a competitor analysis for velcroft limited by selecting its closest rivals, whether from the ACTIVITIES OF HOUSEHOLDS AS EMPLOYERS; UNDIFFERENTIATED GOODS-AND SERVICES-PRODUCING ACTIVITIES OF HOUSEHOLDS FOR OWN USE sector, other micro companies, companies in CM2 area or any other competitors across 12 key performance metrics.
velcroft limited Ownership
VELCROFT LIMITED group structure
Velcroft Limited has no subsidiary companies.
Ultimate parent company
VELCROFT LIMITED
03447698
velcroft limited directors
Velcroft Limited currently has 6 directors. The longest serving directors include Ms Melanie Phelan (Jan 2014) and Ms Barbara Moss (Feb 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Melanie Phelan | England | 56 years | Jan 2014 | - | Director |
| Ms Barbara Moss | England | 58 years | Feb 2015 | - | Director |
| Mrs Yasmin Kitter | England | 69 years | Feb 2015 | - | Director |
| Ms Eleni Lionaki | 47 years | Oct 2015 | - | Director | |
| Mr Massimiliano Cariati | England | 47 years | May 2021 | - | Director |
| Mr Thomas Harris | England | 29 years | Aug 2021 | - | Director |
P&L
December 2023turnover
52.7k
-55%
operating profit
-25k
0%
gross margin
30.5%
-5.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
21k
-0.54%
total assets
22.2k
-0.53%
cash
0
0%
net assets
Total assets minus all liabilities
velcroft limited company details
company number
03447698
Type
Private limited with Share Capital
industry
98000 - Residents property management
incorporation date
October 1997
age
27
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
204 moulsham street, chelmsford, CM2 0LG
accountant
-
auditor
-
velcroft 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 velcroft limited.
velcroft limited Companies House Filings - See Documents
| date | description | view/download |
|---|
