the verification research training and information centre (vertic)Estimated Valuation
£1.3m
Pomanda estimates the enterprise value of THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE (VERTIC) at £1.3m based on a Turnover of £2.2m and 0.6x industry multiple (adjusted for size and gross margin).
the verification research training and information centre (vertic)Estimated Valuation
£3.4m
Pomanda estimates the enterprise value of THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE (VERTIC) at £3.4m based on an EBITDA of £841.4k and a 4.09x industry multiple (adjusted for size and gross margin).
the verification research training and information centre (vertic)Estimated Valuation
£3.7m
Pomanda estimates the enterprise value of THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE (VERTIC) at £3.7m based on Net Assets of £1.6m and 2.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Verification Research Training And Information Centre (vertic)Overview
The Verification Research Training And Information Centre (vertic) is a live company located in london, E2 9DA with a Companies House number of 03616935. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in August 1998, it's largest shareholder is
unknown.
The Verification Research Training And Information Centre (vertic) is a mature,
small sized company, Pomanda has estimated its turnover at
£2.2m with
high
growth in recent years.
The Verification Research Training And Information Centre (vertic) Health Check
Pomanda's financial health check has awarded The Verification Research Training And Information Centre (Vertic) a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
2 Weak
Size
annual sales of £2.2m, make it in line with the average company (£1.8m)
£2.2m - The Verification Research Training And Information Centre (vertic)
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6.2%)
17% - The Verification Research Training And Information Centre (vertic)
6.2% - Industry AVG
Production
with a gross margin of 44.5%, this company has a comparable cost of product (44.5%)
44.5% - The Verification Research Training And Information Centre (vertic)
44.5% - Industry AVG
Profitability
an operating margin of 38.5% make it more profitable than the average company (5.7%)
38.5% - The Verification Research Training And Information Centre (vertic)
5.7% - Industry AVG
Employees
with 12 employees, this is below the industry average (18)
12 - The Verification Research Training And Information Centre (vertic)
18 - Industry AVG
Pay Structure
on an average salary of £57.9k, the company has an equivalent pay structure (£49.7k)
£57.9k - The Verification Research Training And Information Centre (vertic)
£49.7k - Industry AVG
Efficiency
resulting in sales per employee of £181.3k, this is more efficient (£117.8k)
£181.3k - The Verification Research Training And Information Centre (vertic)
£117.8k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (57 days)
9 days - The Verification Research Training And Information Centre (vertic)
57 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (33 days)
16 days - The Verification Research Training And Information Centre (vertic)
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Verification Research Training And Information Centre (vertic)
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 182 weeks, this is more cash available to meet short term requirements (28 weeks)
182 weeks - The Verification Research Training And Information Centre (vertic)
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.1%, this is a lower level of debt than the average (52.2%)
23.1% - The Verification Research Training And Information Centre (vertic)
52.2% - Industry AVG
THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE (VERTIC) financials
EXPORT
The Verification Research Training And Information Centre (Vertic)'s latest turnover from October 2023 is £2.2 million and the company has net assets of £1.6 million. According to their latest financial statements, The Verification Research Training And Information Centre (Vertic) has 12 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Turnover
2,175,373
1,212,902
1,368,649
1,347,324
1,667,929
909,622
698,246
569,704
470,552
1,295,646
1,096,810
452,653
822,575
613,207
469,342
Other Income Or Grants
Cost Of Sales
1,207,972
686,083
764,643
747,429
913,051
485,578
354,703
280,054
233,279
656,100
544,946
222,309
403,460
291,641
Gross Profit
967,401
526,819
604,006
599,895
754,878
424,044
343,543
289,650
237,273
639,546
551,865
230,344
419,115
321,566
Admin Expenses
129,935
358,136
475,700
604,104
281,504
335,934
444,391
347,171
612,857
456,051
189,314
461,155
156,329
237,263
-71,259
Operating Profit
837,466
168,683
128,306
-4,209
473,374
88,110
-100,848
-57,521
-375,584
183,495
362,551
-230,811
262,786
84,303
71,259
Interest Payable
Interest Receivable
Pre-Tax Profit
698,590
167,601
105,250
-2,780
388,016
72,938
-100,345
-56,919
-373,523
147,258
280,624
-229,353
195,631
61,480
51,643
Tax
Profit After Tax
698,590
167,601
105,250
-2,780
388,016
72,938
-100,345
-56,919
-373,523
147,258
280,624
-229,353
195,631
61,480
51,643
Dividends Paid
Retained Profit
698,590
167,601
105,250
-2,780
388,016
72,938
-100,345
-56,919
-373,523
147,258
280,624
-229,353
195,631
61,480
51,643
Employee Costs
694,362
680,072
760,036
741,849
633,577
541,083
459,758
413,300
397,368
422,369
339,939
245,769
195,815
184,758
266,747
Number Of Employees
12
12
13
12
12
10
8
10
9
11
10
9
6
6
7
EBITDA*
841,353
174,492
138,115
5,645
481,724
89,141
-99,444
-52,745
-369,167
190,648
365,782
-228,680
265,888
93,086
74,521
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Tangible Assets
3,353
5,633
7,893
11,693
15,793
1,646
830
989
5,765
9,959
17,112
3,167
3,096
6,198
9,784
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,353
5,633
7,893
11,693
15,793
1,646
830
989
5,765
9,959
17,112
3,167
3,096
6,198
9,784
Stock & work in progress
Trade Debtors
55,288
22,320
72,133
14,909
193,990
204,336
82,166
146,816
36,931
90,532
31,686
Group Debtors
Misc Debtors
341,889
79,994
67,955
93,401
168,684
2,336
73,470
43,327
91,725
5,147
4,553
3,628
2,112
1,565
34,420
Cash
1,722,480
1,857,995
1,540,366
1,724,700
1,133,380
375,533
141,100
260,941
220,710
603,607
559,222
199,026
384,145
247,761
186,765
misc current assets
total current assets
2,119,657
1,960,309
1,680,454
1,833,010
1,496,054
582,205
214,570
304,268
312,435
690,920
710,591
239,585
476,789
281,012
221,185
total assets
2,123,010
1,965,942
1,688,347
1,844,703
1,511,847
583,851
215,400
305,257
318,200
700,879
727,703
242,752
479,885
287,210
230,969
Bank overdraft
Bank loan
Trade Creditors
53,157
4,172
116
1,265
28,795
9,477
1
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
437,631
975,022
977,619
1,205,264
867,420
382,969
96,933
86,445
42,469
51,624
225,707
21,380
29,160
32,116
37,355
total current liabilities
490,788
979,194
977,735
1,206,529
896,215
392,446
96,933
86,445
42,469
51,625
225,707
21,380
29,160
32,116
37,355
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
490,788
979,194
977,735
1,206,529
896,215
392,446
96,933
86,445
42,469
51,625
225,707
21,380
29,160
32,116
37,355
net assets
1,632,222
986,748
710,612
638,174
615,632
191,405
118,467
218,812
275,731
649,254
501,996
221,372
450,725
255,094
193,614
total shareholders funds
1,632,222
986,748
710,612
638,174
615,632
191,405
118,467
218,812
275,731
649,254
501,996
221,372
450,725
255,094
193,614
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Operating Activities
Operating Profit
837,466
168,683
128,306
-4,209
473,374
88,110
-100,848
-57,521
-375,584
183,495
362,551
-230,811
262,786
84,303
71,259
Depreciation
3,887
5,809
9,809
9,854
8,350
1,031
1,404
4,776
6,417
7,153
3,231
2,131
3,102
8,783
3,262
Amortisation
Tax
Stock
Debtors
294,863
-37,774
31,778
-254,364
156,002
133,202
30,143
-48,398
4,412
-64,056
110,810
-52,085
59,393
-1,169
34,420
Creditors
48,985
4,056
-1,149
-27,530
19,318
9,477
-1
1
Accruals and Deferred Income
-537,391
-2,597
-227,645
337,844
484,451
286,036
10,488
43,976
-9,155
-174,083
204,327
-7,780
-2,956
-5,239
37,355
Deferred Taxes & Provisions
Cash flow from operations
58,084
213,725
-122,457
570,323
829,491
251,452
-119,099
39,629
-382,735
80,622
459,299
-184,375
203,539
89,016
77,456
Investing Activities
capital expenditure
-1,847
-1,245
-17,176
-2,202
-5,197
-13,046
Change in Investments
cash flow from investments
-1,847
-1,245
-17,176
-2,202
-5,197
-13,046
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-53,116
108,535
-32,812
25,322
36,211
141,971
interest
cash flow from financing
-53,116
108,535
-32,812
25,322
36,211
141,971
cash and cash equivalents
cash
-135,515
317,629
-184,334
591,320
757,847
234,433
-119,841
40,231
-382,897
44,385
360,196
-185,119
136,384
60,996
186,765
overdraft
change in cash
-135,515
317,629
-184,334
591,320
757,847
234,433
-119,841
40,231
-382,897
44,385
360,196
-185,119
136,384
60,996
186,765
the verification research training and information centre (vertic) 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 the verification research training and information centre (vertic). Get real-time insights into the verification research training and information centre (vertic)'s credit score, group structure and payment trends.
The Verification Research Training And Information Centre (vertic) Competitor Analysis
Perform a competitor analysis for the verification research training and information centre (vertic) by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in E 2 area or any other competitors across 12 key performance metrics.
the verification research training and information centre (vertic) Ownership
THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE (VERTIC) group structure
The Verification Research Training And Information Centre (Vertic) has no subsidiary companies.
Ultimate parent company
THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE (VERTIC)
03616935
THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE (VERTIC) Shareholders
The sole shareholder of The Verification Research Training And Information Centre (Vertic) is -.
-
-
the verification research training and information centre (vertic) directors
The Verification Research Training And Information Centre (Vertic) currently has 6 directors.
The longest serving directors include
Dr Owen Greene (Feb 2001) and
Mr Nicholas Sims (Aug 2004).
the verification research training and information centre (vertic) company details
company number
03616935
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
August 1998
age
27
incorporated
UK
ultimate parent company
None
accounts
Small Company
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
GOLDWINS LIMITED
address
the green house, 244-254 cambridge heath road, london, E2 9DA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
BIRCHAM DYSON BELL
the verification research training and information centre (vertic) 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 1 charges/mortgages relating to the verification research training and information centre (vertic). Currently there are 1 open charges and 0 have been satisfied in the past.
the verification research training and information centre (vertic) 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 THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE (VERTIC). This can take several minutes, an email will notify you when this has completed.
the verification research training and information centre (vertic)Companies House Filings - See Documents
