Verve Group Limited

POWER SEARCH PRICING

SOLUTIONS

verve group limited Company Information

Company Number

03781267

Next Accounts

Sep 2025

Directors

Timothy Pain

Robert Nicholson

View All

Shareholders

hanaley ltd

robert ashley nicholson

View All

Group Structure

View All

Industry

Activities of head offices

Registered Address

10 blandford street, london, W1U 4AZ

Website

vervegroup.com.au

verve group limited Estimated Valuation

£28.2m

Pomanda estimates the enterprise value of VERVE GROUP LIMITED at £28.2m based on Net Assets of £13.4m and 2.11x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Verve Group Limited is a live company located in london, W1U 4AZ with a Companies House number of 03781267. It operates in the activities of head offices sector, SIC Code 70100. Founded in June 1999, it's largest shareholder is hanaley ltd with a 65% stake. Verve Group Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Verve Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

2 Regular

5 Weak

Size

annual sales of £2.8m, make it smaller than the average company (£20.2m)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.4%)

EXPORT

Verve Group Limited's latest turnover from December 2023 is £2.8 million and the company has net assets of £13.4 million. According to their latest financial statements, Verve Group Limited has 29 employees and maintains cash reserves of £1.9 million 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	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	2,754,085	3,023,165	2,809,909	2,364,947	2,504,284	2,526,513	9,709,928	43,491,355	18,267,717	9,287,101	6,746,835	2,366,036	2,581,818	2,744,899	2,016,927
Other Income Or Grants
Cost Of Sales	648,865	722,277	674,320	586,150	902,552	1,031,492	7,908,463	32,248,593	11,418,704	5,915,721	3,378,288	631,494	726,628	1,106,762	245,182
Gross Profit	2,105,220	2,300,888	2,135,589	1,778,797	1,601,732	1,495,021	1,801,465	11,242,762	6,849,013	3,371,380	3,368,547	1,734,542	1,855,190	1,638,137	1,771,745
Admin Expenses	1,446,300	2,508,684	702,804	1,095,199	-289,103	495,280	-2,694,590	-2,860,418	-4,387,749	-3,484,573	1,324,701	1,233,692	1,070,542	1,037,922	1,006,835
Operating Profit	658,920	-207,796	1,432,785	683,598	1,890,835	999,741	4,496,055	14,103,180	11,236,762	6,855,953	2,043,846	500,850	784,648	600,215	764,910
Interest Payable	795,938	393,306	192,114	234,602	314,975	316,010	421,485	2,313,069	2,465,270	2,699,114	2,676,250	2,486,881	2,279,617	2,088,459	1,624,073
Interest Receivable	14,131	1,910	7,915	833	4,114	2,528	2,588	14,276	2,419	2,732	1,100	2,011	3,846	1,602	249
Pre-Tax Profit	-122,887	-599,192	1,248,586	449,829	1,579,974	686,259	4,077,158	11,804,387	8,773,911	4,159,571	-616,980	-1,543,783	-1,531,901	-1,486,642	-858,914
Tax	-65,784	203,105	-422,903	-295,403	-225,339	-81,047	-186,971	-1,426,237	-1,079,632	-291,380
Profit After Tax	-188,671	-396,087	825,683	154,426	1,354,635	605,212	3,890,187	10,378,150	7,694,279	3,868,191	-616,980	-1,543,783	-1,531,901	-1,486,642	-858,914
Dividends Paid			2,500,000		1,000,000	2,000,000	7,000,000	3,000,000
Retained Profit	-188,671	-396,087	-1,674,317	154,426	354,635	-1,394,788	-3,109,813	7,378,150	7,694,279	3,868,191	-616,980	-1,543,783	-1,531,901	-1,486,642	-858,914
Employee Costs	1,445,785	1,365,236	1,277,287	1,238,324	1,240,376	1,491,696	1,390,732	936,176	1,103,775	1,249,649	795,845	690,709	662,344	630,915	521,389
Number Of Employees	29	29	29	29	29	27	23	19	21	20	7	5	5	5	4
EBITDA*	687,913	-176,796	1,460,660	704,158	1,907,274	1,016,956	4,515,856	14,123,115	11,257,179	6,861,406	2,049,753	507,174	794,604	619,187	785,292

* 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	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	57,897	61,603	58,522	65,481	53,080	51,746	53,494	70,762	88,403	8,875	8,394	9,721	7,507	14,702	25,924
Intangible Assets
Investments & Other	25,778,530	28,567,677	29,005,277	31,961,970	32,174,480	35,645,324	37,435,740	43,935,101	39,986,094	40,655,029	32,290,982	23,140,482	29,077,982	29,480,482	21,503,482
Debtors (Due After 1 year)			193,910	1,607,915	1,607,915
Total Fixed Assets	25,836,427	28,629,280	29,257,709	33,635,366	33,835,475	35,697,070	37,489,234	44,005,863	40,074,497	40,663,904	32,299,376	23,150,203	29,085,489	29,495,184	21,529,406
Stock & work in progress								5,170,835	17,867,903	11,677,715	10,819,643	5,399,036	3,041,250	3,132,667	3,530,830
Trade Debtors	867,463	1,155,152	1,118,280	1,067,334	683,495	693,422	534,977	673,731	562,448	1,502,636	501,043	377,166	463,653	534,097	487,409
Group Debtors
Misc Debtors	2,397,881	2,901,638	2,657,501	923,922	904,912	1,150,598	920,903	1,459,520	6,052,188	1,521,758	3,212,826	416,455	1,418,231	247,496	132,809
Cash	1,868,173	2,541,210	2,441,541	2,051,333	1,790,274	1,422,481	2,774,450	1,307,418	3,233,635	1,587,376	1,918,700	393,949	787,705	769,441	681,855
misc current assets
total current assets	5,133,517	6,598,000	6,217,322	4,042,589	3,378,681	3,266,501	4,230,330	8,611,504	27,716,174	16,289,485	16,452,212	6,586,606	5,710,839	4,683,701	4,832,903
total assets	30,969,944	35,227,280	35,475,031	37,677,955	37,214,156	38,963,571	41,719,564	52,617,367	67,790,671	56,953,389	48,751,588	29,736,809	34,796,328	34,178,885	26,362,309
Bank overdraft												6,769,147
Bank loan		15,000,000				18,500,000	19,350,000	20,000,000	19,000,000		358,992		14,445,457	80,000	126,000
Trade Creditors	203,371	668,645	74,729	64,086	53,880	496,284	580,718	680,452	420,708	286,065	303,776	148,016	45,977	107,480	111,294
Group/Directors Accounts						90,000
other short term finances	90,000	90,000	90,000	90,000	90,000		90,000	6,421,487	90,000	90,000	9,965,000	90,000	90,000	9,529,633
hp & lease commitments														9,701	2,893
other current liabilities	2,331,783	2,500,958	2,219,186	2,182,254	2,276,134	2,023,636	2,531,234	2,905,571	2,887,148	4,075,929	1,320,023	1,102,783	1,181,070	1,085,399	1,131,846
total current liabilities	2,625,154	18,259,603	2,383,915	2,336,340	2,420,014	21,109,920	22,551,952	30,007,510	22,397,856	4,451,994	11,947,791	8,109,946	15,762,504	10,812,213	1,372,033
loans	13,000,000		15,500,000	16,500,000	16,500,000				30,484,649	46,101,335	34,630,470	24,491,575	21,044,368	24,983,716	26,061,316
hp & lease commitments															8,401
Accruals and Deferred Income									60,465	60,465
other liabilities
provisions	1,977,845	1,912,061	2,139,413	1,716,510	1,323,464	1,237,608	1,156,781	1,489,213	1,105,207	291,380
total long term liabilities	14,977,845	1,912,061	17,639,413	18,216,510	17,823,464	1,237,608	1,156,781	1,489,213	31,650,321	46,453,180	34,630,470	24,491,575	21,044,368	24,983,716	26,069,717
total liabilities	17,602,999	20,171,664	20,023,328	20,552,850	20,243,478	22,347,528	23,708,733	31,496,723	54,048,177	50,905,174	46,578,261	32,601,521	36,806,872	35,795,929	27,441,750
net assets	13,366,945	15,055,616	15,451,703	17,125,105	16,970,678	16,616,043	18,010,831	21,120,644	13,742,494	6,048,215	2,173,327	-2,864,712	-2,010,544	-1,617,044	-1,079,441
total shareholders funds	13,366,945	15,055,616	15,451,703	17,125,105	16,970,678	16,616,043	18,010,831	21,120,644	13,742,494	6,048,215	2,173,327	-2,864,712	-2,010,544	-1,617,044	-1,079,441

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	658,920	-207,796	1,432,785	683,598	1,890,835	999,741	4,496,055	14,103,180	11,236,762	6,855,953	2,043,846	500,850	784,648	600,215	764,910
Depreciation	28,993	31,000	27,875	20,560	16,439	17,215	19,801	19,935	20,417	5,453	5,907	6,324	9,956	18,972	20,382
Amortisation
Tax	-65,784	203,105	-422,903	-295,403	-225,339	-81,047	-186,971	-1,426,237	-1,079,632	-291,380
Stock							-5,170,835	-12,697,068	6,190,188	858,072	5,420,607	2,357,786	-91,417	-398,163	3,530,830
Debtors	-791,446	87,099	370,520	402,849	1,352,302	388,140	-677,371	-4,481,385	3,590,242	-689,475	2,920,248	-1,088,263	1,100,291	161,375	620,218
Creditors	-465,274	593,916	10,643	10,206	-442,404	-84,434	-99,734	259,744	134,643	-17,711	155,760	102,039	-61,503	-3,814	111,294
Accruals and Deferred Income	-169,175	281,772	36,932	-93,880	252,498	-507,598	-374,337	-42,042	-1,188,781	2,816,371	217,240	-78,287	95,671	-46,447	1,131,846
Deferred Taxes & Provisions	65,784	-227,352	422,903	393,046	85,856	80,827	-332,432	384,006	813,827	291,380
Cash flow from operations	844,910	587,546	1,137,715	315,278	225,583	36,564	9,370,588	30,477,039	156,806	9,491,469	-5,918,102	-738,597	-180,102	805,714	-2,122,616
Investing Activities
capital expenditure	-25,287	-34,081	-20,916	-32,961		3,219,930	10,743,250	546,324	6,700,032	-12,645,898	-3,485,736	7,138,626	1,503,362	-6,976,345	-4,952,458
Change in Investments	-2,789,147	-437,600	-2,956,693	-212,510	-3,470,844	-1,790,416	-6,499,361	3,949,007	-668,935	8,364,047	9,150,500	-5,937,500	-402,500	7,977,000	21,503,482
cash flow from investments	2,763,860	403,519	2,935,777	179,549	3,470,844	5,010,346	17,242,611	-3,402,683	7,368,967	-21,009,945	-12,636,236	13,076,126	1,905,862	-14,953,345	-26,455,940
Financing Activities
Bank loans	-15,000,000	15,000,000			-18,500,000	-850,000	-650,000	1,000,000	19,000,000	-358,992	358,992	-14,445,457	14,365,457	-46,000	126,000
Group/Directors Accounts					-90,000	90,000
Other Short Term Loans					90,000	-90,000	-6,331,487	6,331,487		-9,875,000	9,875,000		-9,439,633	9,529,633
Long term loans	13,000,000	-15,500,000	-1,000,000		16,500,000			-30,484,649	-15,616,686	11,470,865	10,138,895	3,447,207	-3,939,348	-1,077,600	26,061,316
Hire Purchase and Lease Commitments													-9,701	-1,593	11,294
other long term liabilities
share issue	-1,500,000		915	1						6,697	5,655,019	689,615	1,138,401	949,039	-220,527
interest	-781,807	-391,396	-184,199	-233,769	-310,861	-313,482	-418,897	-2,298,793	-2,462,851	-2,696,382	-2,675,150	-2,484,870	-2,275,771	-2,086,857	-1,623,824
cash flow from financing	-4,281,807	-891,396	-1,183,284	-233,768	-2,310,861	-1,163,482	-7,400,384	-25,451,955	920,463	-1,452,812	23,352,756	-12,793,505	-160,595	7,266,622	24,354,259
cash and cash equivalents
cash	-673,037	99,669	390,208	261,059	367,793	-1,351,969	1,467,032	-1,926,217	1,646,259	-331,324	1,524,751	-393,756	18,264	87,586	681,855
overdraft											-6,769,147	6,769,147
change in cash	-673,037	99,669	390,208	261,059	367,793	-1,351,969	1,467,032	-1,926,217	1,646,259	-331,324	8,293,898	-7,162,903	18,264	87,586	681,855

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for verve group limited. Get real-time insights into verve group limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for verve group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in W1U area or any other competitors across 12 key performance metrics.

VERVE GROUP LIMITED group structure

Verve Group Limited has 5 subsidiary companies.

Ultimate parent company

HANALEY LTD

#0043140

1 parent

VERVE GROUP LIMITED

03781267

5 subsidiaries

VERVE INVESTMENTS LIMITED

03783899

VERVE PROPERTIES LIMITED

03737824

PAINTWORKS EVENTS LTD

04377922

VERVE SECURITIES LIMITED

08264495

VERVE DEVELOPMENTS LIMITED

04377912

VERVE GROUP LIMITED Shareholders

hanaley ltd	65%
robert ashley nicholson	17.5%
timothy edward pain	17.5%

Verve Group Limited currently has 3 directors. The longest serving directors include Mr Timothy Pain (Jun 1999) and Mr Robert Nicholson (Jul 1999).

officer	country	age	start	end	role
Mr Timothy Pain	United Kingdom	61 years	Jun 1999	-	Director
Mr Robert Nicholson	United Kingdom	67 years	Jul 1999	-	Director
Mr John Watson	United Kingdom	59 years	Mar 2022	-	Director

P&L

December 2023

turnover

2.8m

-9%

operating profit

658.9k

-417%

gross margin

76.5%

+0.44%

turnover

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

Balance Sheet

December 2023

net assets

13.4m

-0.11%

total assets

31m

-0.12%

cash

1.9m

-0.26%

net assets

Total assets minus all liabilities

Similar Companies

oneview group limited

1.5

macquarie investments 1 limited

aspers group limited

columbo bidco limited

comac medical ltd

company number

03781267

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

June 1999

ultimate parent company

HANALEY LTD

previous names

bettwin services limited (July 1999)

address

10 blandford street, london, W1U 4AZ

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 8 charges/mortgages relating to verve group limited. Currently there are 1 open charges and 7 have been satisfied in the past.

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 VERVE GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.

verve group limited Company Information

verve group limited Estimated Valuation

verve group limited Estimated Valuation

verve group limited Estimated Valuation

Verve Group Limited Overview

Verve Group Limited Health Check

VERVE GROUP LIMITED financials

verve group limited Credit Report and Business Information

Verve Group Limited Competitor Analysis

verve group limited Ownership

verve group limited directors

verve group limited company details

verve group limited Charges & Mortgages

verve group limited Capital Raised & Share Issues BETA

verve group limited Companies House Filings - See Documents