Pomanda estimates the enterprise value of VERASTAR LIMITED at £97.5m based on a Turnover of £45.1m and 2.16x industry multiple (adjusted for size and gross margin).
verastar limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of VERASTAR LIMITED at £0 based on an EBITDA of £-38.1m and a 9.37x industry multiple (adjusted for size and gross margin).
verastar limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of VERASTAR LIMITED at £0 based on Net Assets of £-71.3m and 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Verastar LimitedOverview
Verastar Limited is a live company located in sale, M33 2GS with a Companies House number of 03667643. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in November 1998, it's largest shareholder is
verastar holdings ltd
with a 100% stake. Verastar Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£45.1m with
declining
growth in recent years.
Pomanda's financial health check has awarded Verastar Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
5 Strong
0 Regular
6 Weak
Size
annual sales of £45.1m, make it larger than the average company (£13m)
£45.1m - Verastar Limited
£13m - Industry AVG
Growth
3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (4.9%)
-36% - Verastar Limited
4.9% - Industry AVG
Production
with a gross margin of 62.5%, this company has a lower cost of product (39.2%)
62.5% - Verastar Limited
39.2% - Industry AVG
Profitability
an operating margin of -101.1% make it less profitable than the average company (4.7%)
-101.1% - Verastar Limited
4.7% - Industry AVG
Employees
with 586 employees, this is above the industry average (51)
586 - Verastar Limited
51 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has a lower pay structure (£62.4k)
£38.5k - Verastar Limited
£62.4k - Industry AVG
Efficiency
resulting in sales per employee of £77k, this is less efficient (£227.2k)
£77k - Verastar Limited
£227.2k - Industry AVG
Debtor Days
it gets paid by customers after 138 days, this is later than average (41 days)
138 days - Verastar Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (43 days)
65 days - Verastar Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Verastar Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (9 weeks)
4 weeks - Verastar Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 192%, this is a higher level of debt than the average (66.4%)
192% - Verastar Limited
66.4% - Industry AVG
VERASTAR LIMITED financials
EXPORT
Verastar Limited's latest turnover from April 2024 is £45.1 million and the company has net assets of -£71.3 million. According to their latest financial statements, Verastar Limited has 586 employees and maintains cash reserves of £13.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
45,097,000
219,930,000
182,213,000
169,703,000
176,386,000
165,953,000
139,299,000
95,974,000
63,912,000
59,098,000
59,263,000
60,015,000
55,656,000
56,284,000
50,464,000
Other Income Or Grants
Cost Of Sales
16,912,000
189,120,000
147,423,000
129,677,000
134,571,000
123,190,000
95,409,000
59,450,000
26,008,000
20,747,000
19,324,000
21,246,000
22,162,000
25,507,000
23,720,000
Gross Profit
28,185,000
30,810,000
34,790,000
40,026,000
41,815,000
42,763,000
43,890,000
36,524,000
37,904,000
38,351,000
39,939,000
38,769,000
33,494,000
30,777,000
26,744,000
Admin Expenses
73,772,000
72,636,000
49,830,000
44,924,000
42,973,000
32,686,000
27,292,000
27,744,000
18,937,000
17,369,000
17,459,000
18,551,000
15,095,000
17,819,000
14,171,000
Operating Profit
-45,587,000
-41,826,000
-15,040,000
-4,898,000
-1,158,000
10,077,000
16,598,000
8,780,000
18,967,000
20,982,000
22,480,000
20,218,000
18,399,000
12,958,000
12,573,000
Interest Payable
7,000
12,000
2,000
5,000
3,000
1,000
1,000
4,000
Interest Receivable
2,078,000
1,157,000
693,000
258,000
11,000
3,000
1,000
3,000
5,000
5,000
55,000
226,000
Pre-Tax Profit
-32,937,000
32,417,000
-145,658,000
-14,326,000
15,569,000
10,078,000
16,599,000
8,780,000
18,970,000
20,982,000
22,479,000
20,223,000
18,404,000
13,012,000
12,795,000
Tax
-3,354,000
8,653,000
-315,000
3,503,000
-548,000
-2,333,000
-2,248,000
-3,369,000
-3,794,000
-3,785,000
-5,132,000
-4,837,000
-4,759,000
-3,532,000
-3,579,000
Profit After Tax
-36,291,000
41,070,000
-145,973,000
-10,823,000
15,021,000
7,745,000
14,351,000
5,411,000
15,176,000
17,197,000
17,347,000
15,386,000
13,645,000
9,480,000
9,216,000
Dividends Paid
11,159,000
22,000,000
Retained Profit
-36,291,000
41,070,000
-145,973,000
-10,823,000
15,021,000
7,745,000
14,351,000
5,411,000
15,176,000
17,197,000
17,347,000
15,386,000
13,645,000
-1,679,000
-12,784,000
Employee Costs
22,550,000
24,817,000
24,309,000
22,769,000
22,517,000
20,317,000
19,399,000
18,262,000
12,367,000
12,471,000
11,849,000
10,896,000
9,230,000
9,844,000
7,253,000
Number Of Employees
586
66
812
713
1,145
785
718
739
669
608
619
501
495
478
452
EBITDA*
-38,082,000
-34,673,000
-9,451,000
9,000
3,543,000
13,724,000
19,423,000
12,500,000
21,378,000
21,226,000
22,690,000
20,361,000
18,513,000
13,027,000
12,758,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
1,116,000
1,630,000
2,444,000
2,299,000
2,753,000
1,516,000
1,379,000
1,660,000
1,666,000
1,425,000
1,448,000
1,250,000
1,127,000
1,127,000
1,070,000
Intangible Assets
6,703,000
6,864,000
5,436,000
4,189,000
4,312,000
4,154,000
3,316,000
2,770,000
3,296,000
2,294,000
Investments & Other
8,444,000
10,067,000
10,067,000
12,639,000
22,319,000
20,347,000
20,347,000
15,945,000
8,797,000
2,028,000
2,028,000
1,548,000
2,048,000
Debtors (Due After 1 year)
4,614,000
Total Fixed Assets
16,263,000
18,561,000
17,947,000
19,127,000
29,384,000
26,017,000
25,042,000
20,375,000
13,759,000
10,361,000
3,476,000
2,798,000
1,127,000
1,127,000
3,118,000
Stock & work in progress
Trade Debtors
17,067,000
30,061,000
34,199,000
31,312,000
29,825,000
17,482,000
13,114,000
5,190,000
1,586,000
1,139,000
1,051,000
808,000
1,051,000
883,000
613,000
Group Debtors
16,407,000
22,416,000
13,092,000
132,158,000
126,766,000
126,194,000
125,811,000
125,188,000
125,042,000
65,711,000
46,331,000
33,180,000
13,718,000
Misc Debtors
12,599,000
17,972,000
16,035,000
15,724,000
14,207,000
12,208,000
9,073,000
7,434,000
2,922,000
2,602,000
3,192,000
3,156,000
2,196,000
1,890,000
2,184,000
Cash
13,497,000
3,977,000
10,629,000
14,376,000
16,308,000
10,224,000
9,325,000
5,278,000
3,354,000
3,455,000
5,294,000
2,228,000
4,862,000
6,239,000
3,412,000
misc current assets
1,642,000
1,792,000
2,240,000
4,446,000
4,540,000
4,204,000
total current assets
61,212,000
76,218,000
76,195,000
193,570,000
187,106,000
170,554,000
161,863,000
147,294,000
132,904,000
72,907,000
55,868,000
39,372,000
21,827,000
9,012,000
6,209,000
total assets
77,475,000
94,779,000
94,142,000
212,697,000
216,490,000
196,571,000
186,905,000
167,669,000
146,663,000
83,268,000
59,344,000
42,170,000
22,954,000
10,139,000
9,327,000
Bank overdraft
Bank loan
Trade Creditors
3,035,000
3,617,000
3,102,000
1,473,000
3,431,000
2,450,000
2,281,000
4,560,000
565,000
1,564,000
1,108,000
963,000
1,052,000
3,011,000
403,000
Group/Directors Accounts
129,912,000
128,854,000
167,790,000
138,631,000
129,440,000
125,886,000
121,655,000
117,730,000
113,533,000
9,110,000
4,330,000
855,000
other short term finances
hp & lease commitments
other current liabilities
15,835,000
8,084,000
10,096,000
12,670,000
12,928,000
13,306,000
15,414,000
11,490,000
4,642,000
5,142,000
5,808,000
9,601,000
6,537,000
5,380,000
7,927,000
total current liabilities
148,782,000
140,555,000
180,988,000
152,774,000
145,799,000
141,642,000
139,350,000
133,780,000
118,740,000
15,816,000
11,246,000
11,419,000
7,589,000
8,391,000
8,330,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
796,000
741,000
371,000
1,056,000
501,000
442,000
total long term liabilities
796,000
741,000
371,000
1,056,000
501,000
442,000
total liabilities
148,782,000
140,555,000
180,988,000
153,570,000
146,540,000
141,642,000
139,721,000
134,836,000
119,241,000
16,258,000
11,246,000
11,419,000
7,589,000
8,391,000
8,330,000
net assets
-71,307,000
-45,776,000
-86,846,000
59,127,000
69,950,000
54,929,000
47,184,000
32,833,000
27,422,000
67,010,000
48,098,000
30,751,000
15,365,000
1,748,000
997,000
total shareholders funds
-71,307,000
-45,776,000
-86,846,000
59,127,000
69,950,000
54,929,000
47,184,000
32,833,000
27,422,000
67,010,000
48,098,000
30,751,000
15,365,000
1,748,000
997,000
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 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
-45,587,000
-41,826,000
-15,040,000
-4,898,000
-1,158,000
10,077,000
16,598,000
8,780,000
18,967,000
20,982,000
22,480,000
20,218,000
18,399,000
12,958,000
12,573,000
Depreciation
655,000
956,000
958,000
852,000
672,000
460,000
397,000
406,000
292,000
244,000
210,000
143,000
114,000
69,000
185,000
Amortisation
6,850,000
6,197,000
4,631,000
4,055,000
4,029,000
3,187,000
2,428,000
3,314,000
2,119,000
Tax
-3,354,000
8,653,000
-315,000
3,503,000
-548,000
-2,333,000
-2,248,000
-3,369,000
-3,794,000
-3,785,000
-5,132,000
-4,837,000
-4,759,000
-3,532,000
-3,579,000
Stock
Debtors
-24,376,000
7,123,000
-115,868,000
8,396,000
14,914,000
7,886,000
10,186,000
8,262,000
55,484,000
23,492,000
13,430,000
20,179,000
14,192,000
-24,000
2,797,000
Creditors
-582,000
515,000
1,629,000
-1,958,000
981,000
169,000
-2,279,000
3,995,000
-999,000
456,000
145,000
-89,000
-1,959,000
2,608,000
403,000
Accruals and Deferred Income
7,751,000
-2,012,000
-2,574,000
-258,000
-378,000
-2,108,000
3,924,000
6,848,000
-500,000
-666,000
-3,793,000
3,064,000
1,157,000
-2,547,000
7,927,000
Deferred Taxes & Provisions
-796,000
55,000
741,000
-371,000
-685,000
555,000
59,000
442,000
Cash flow from operations
-9,891,000
-34,640,000
104,361,000
-7,045,000
-10,575,000
1,195,000
7,949,000
12,267,000
-39,340,000
-5,819,000
480,000
-1,680,000
-1,240,000
9,580,000
14,712,000
Investing Activities
capital expenditure
-6,830,000
-7,767,000
-6,981,000
-4,330,000
-6,096,000
-4,622,000
-3,090,000
-3,188,000
-3,654,000
-2,515,000
-408,000
-266,000
-114,000
2,742,000
-581,000
Change in Investments
-1,623,000
-2,572,000
-9,680,000
1,972,000
4,402,000
7,148,000
6,769,000
480,000
1,548,000
-2,048,000
2,048,000
cash flow from investments
-5,207,000
-7,767,000
-4,409,000
5,350,000
-8,068,000
-4,622,000
-7,492,000
-10,336,000
-10,423,000
-2,515,000
-888,000
-1,814,000
-114,000
4,790,000
-2,629,000
Financing Activities
Bank loans
Group/Directors Accounts
1,058,000
-38,936,000
29,159,000
9,191,000
3,554,000
4,231,000
3,925,000
4,197,000
104,423,000
4,780,000
3,475,000
855,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
10,760,000
-54,764,000
1,715,000
-28,000
2,430,000
13,781,000
interest
2,071,000
1,145,000
691,000
253,000
8,000
3,000
1,000
3,000
-1,000
5,000
5,000
54,000
222,000
cash flow from financing
13,889,000
-37,791,000
29,850,000
9,444,000
3,562,000
4,234,000
3,926,000
4,197,000
49,662,000
6,495,000
3,474,000
860,000
-23,000
2,484,000
14,003,000
cash and cash equivalents
cash
9,520,000
-6,652,000
-3,747,000
-1,932,000
6,084,000
899,000
4,047,000
1,924,000
-101,000
-1,839,000
3,066,000
-2,634,000
-1,377,000
2,827,000
3,412,000
overdraft
change in cash
9,520,000
-6,652,000
-3,747,000
-1,932,000
6,084,000
899,000
4,047,000
1,924,000
-101,000
-1,839,000
3,066,000
-2,634,000
-1,377,000
2,827,000
3,412,000
verastar 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 verastar limited. Get real-time insights into verastar limited's credit score, group structure and payment trends.
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universal utilities public limited company (April 2011)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
no. 1 dovecote old hall road, sale, M33 2GS
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
verastar 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 9 charges/mortgages relating to verastar limited. Currently there are 4 open charges and 5 have been satisfied in the past.
verastar 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.
Click to start generating capital raising & share issue transactions for VERASTAR LIMITED. This can take several minutes, an email will notify you when this has completed.
verastar limitedCompanies House Filings - See Documents
