voluntary organisations' network north east
voluntary organisations' network north east Company Information
Company Number
04061592
Next Accounts
Dec 2025
Shareholders
-
Group Structure
View All
Industry
Activities of professional membership organisations
Registered Address
hadrian house higham place, newcastle upon tyne, NE1 8AF
Website
http://vonne.org.ukvoluntary organisations' network north east Estimated Valuation
Pomanda estimates the enterprise value of VOLUNTARY ORGANISATIONS' NETWORK NORTH EAST at £1.1m based on a Turnover of £2.4m and 0.47x industry multiple (adjusted for size and gross margin).
voluntary organisations' network north east Estimated Valuation
Pomanda estimates the enterprise value of VOLUNTARY ORGANISATIONS' NETWORK NORTH EAST at £2.2m based on an EBITDA of £883.4k and a 2.53x industry multiple (adjusted for size and gross margin).
voluntary organisations' network north east Estimated Valuation
Pomanda estimates the enterprise value of VOLUNTARY ORGANISATIONS' NETWORK NORTH EAST at £3.9m based on Net Assets of £1.8m and 2.2x industry multiple (adjusted for liquidity).
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Voluntary Organisations' Network North East Overview
Voluntary Organisations' Network North East is a live company located in newcastle upon tyne, NE1 8AF with a Companies House number of 04061592. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in August 2000, it's largest shareholder is unknown. Voluntary Organisations' Network North East is a mature, small sized company, Pomanda has estimated its turnover at £2.4m with rapid growth in recent years.
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Voluntary Organisations' Network North East Health Check
Pomanda's financial health check has awarded Voluntary Organisations' Network North East a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
1 Weak
Size
annual sales of £2.4m, make it larger than the average company (£702.4k)
£2.4m - Voluntary Organisations' Network North East
£702.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (8.7%)
51% - Voluntary Organisations' Network North East
8.7% - Industry AVG
Production
with a gross margin of 74.2%, this company has a comparable cost of product (74.2%)
74.2% - Voluntary Organisations' Network North East
74.2% - Industry AVG
Profitability
an operating margin of 36.4% make it more profitable than the average company (1.9%)
36.4% - Voluntary Organisations' Network North East
1.9% - Industry AVG
Employees
with 23 employees, this is above the industry average (11)
23 - Voluntary Organisations' Network North East
11 - Industry AVG
Pay Structure
on an average salary of £34.1k, the company has a lower pay structure (£47k)
£34.1k - Voluntary Organisations' Network North East
£47k - Industry AVG
Efficiency
resulting in sales per employee of £103.4k, this is equally as efficient (£101k)
£103.4k - Voluntary Organisations' Network North East
£101k - Industry AVG
Debtor Days
it gets paid by customers after 181 days, this is later than average (23 days)
181 days - Voluntary Organisations' Network North East
23 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (27 days)
71 days - Voluntary Organisations' Network North East
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Voluntary Organisations' Network North East
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 199 weeks, this is more cash available to meet short term requirements (102 weeks)
199 weeks - Voluntary Organisations' Network North East
102 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.9%, this is a lower level of debt than the average (28.2%)
8.9% - Voluntary Organisations' Network North East
28.2% - Industry AVG
VOLUNTARY ORGANISATIONS' NETWORK NORTH EAST financials
Voluntary Organisations' Network North East's latest turnover from March 2024 is £2.4 million and the company has net assets of £1.8 million. According to their latest financial statements, Voluntary Organisations' Network North East has 23 employees and maintains cash reserves of £674.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,377,787 | 1,864,355 | 831,686 | 695,511 | 374,262 | 286,478 | 286,253 | 461,285 | 370,424 | 398,559 | 397,906 | 433,186 | 1,229,741 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 680,119 | 621,480 | 111,924 | 141,767 | -39,532 | -31,644 | -30,352 | -57,342 | 1,995 | 57,695 | -74,976 | -28,205 | -3,665 | ||
| Tax | |||||||||||||||
| Profit After Tax | 680,119 | 621,480 | 111,924 | 141,767 | -39,532 | -31,644 | -30,352 | -57,342 | 1,995 | 57,695 | -74,976 | -28,205 | -3,665 | ||
| Dividends Paid | |||||||||||||||
| Retained Profit | 680,119 | 621,480 | 111,924 | 141,767 | -39,532 | -31,644 | -30,352 | -57,342 | 1,995 | 57,695 | -74,976 | -28,205 | -3,665 | ||
| Employee Costs | 785,379 | 617,439 | 407,876 | 285,315 | 242,335 | 226,257 | 222,771 | 251,593 | 220,468 | 172,646 | 142,084 | 149,701 | 346,047 | ||
| Number Of Employees | 23 | 20 | 14 | 9 | 8 | 7 | 7 | 8 | 9 | 5 | 4 | 5 | 12 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,201 | 8,614 | 8,348 | 5,295 | 4,424 | 486 | 369 | 680 | 2,798 | 3,584 | 1,754 | 2,193 | 5,037 | 9,320 | |
| Intangible Assets | 30,525 | 23,162 | 2,526 | 8,053 | 9,591 | 959 | 9,336 | 15,581 | |||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 35,726 | 31,776 | 10,874 | 13,348 | 14,015 | 486 | 369 | 1,639 | 12,134 | 19,165 | 1,754 | 2,193 | 5,037 | 9,320 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,180,171 | 405,649 | 142,159 | 152,989 | 182,193 | 14,204 | 7,860 | 45,132 | 46,658 | 123,230 | 75,323 | 23,064 | 24,514 | 110,338 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 76,536 | 86,748 | 55,447 | 7,554 | 13,862 | 18,795 | 4,086 | 13,943 | 14,854 | 21,120 | 6,380 | 6,130 | 39,066 | ||
| Cash | 674,108 | 922,119 | 667,844 | 536,253 | 285,269 | 281,982 | 341,379 | 324,777 | 351,919 | 310,834 | 336,493 | 468,815 | 439,922 | 455,476 | 846,357 |
| misc current assets | |||||||||||||||
| total current assets | 1,930,815 | 1,414,516 | 865,450 | 696,796 | 481,324 | 314,981 | 353,325 | 383,852 | 413,431 | 455,184 | 418,196 | 498,009 | 464,436 | 565,814 | 885,423 |
| total assets | 1,966,541 | 1,446,292 | 876,324 | 710,144 | 495,339 | 315,467 | 353,694 | 385,491 | 425,565 | 474,349 | 418,196 | 499,763 | 466,629 | 570,851 | 894,743 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 119,935 | 33,497 | 7,574 | 3,558 | 36,129 | 9,037 | 1,328 | 20,930 | 7,692 | 12,148 | 49,240 | 49,159 | 27,889 | 136,817 | 443,326 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 55,421 | 301,729 | 379,164 | 328,924 | 223,315 | 31,003 | 45,295 | 27,138 | 23,108 | 69,431 | 33,881 | 40,165 | 92,402 | ||
| total current liabilities | 175,356 | 335,226 | 386,738 | 332,482 | 259,444 | 40,040 | 46,623 | 48,068 | 30,800 | 81,579 | 83,121 | 89,324 | 27,889 | 136,817 | 535,728 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 484 | 602 | 773 | ||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 484 | 602 | 773 | ||||||||||||
| total liabilities | 175,356 | 335,226 | 386,738 | 332,482 | 259,444 | 40,040 | 46,623 | 48,068 | 30,800 | 81,579 | 83,121 | 89,324 | 28,373 | 137,419 | 536,501 |
| net assets | 1,791,185 | 1,111,066 | 489,586 | 377,662 | 235,895 | 275,427 | 307,071 | 337,423 | 394,765 | 392,770 | 335,075 | 410,439 | 438,256 | 433,432 | 358,242 |
| total shareholders funds | 1,791,185 | 1,111,066 | 489,586 | 377,662 | 235,895 | 275,427 | 307,071 | 337,423 | 394,765 | 392,770 | 335,075 | 410,439 | 438,256 | 433,432 | 358,242 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 4,847 | 5,698 | 3,572 | 2,219 | 829 | 193 | 581 | 2,288 | 2,248 | 1,766 | 1,754 | 439 | 2,844 | 4,283 | 5,548 |
| Amortisation | 13,637 | 1,939 | 5,527 | 959 | 8,377 | 8,377 | 7,673 | ||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 764,310 | 294,791 | 37,063 | -35,512 | 163,056 | 21,053 | -47,129 | -2,437 | -82,838 | 62,647 | 52,509 | 4,680 | -85,824 | 71,272 | 39,066 |
| Creditors | 86,438 | 25,923 | 4,016 | -32,571 | 27,092 | 7,709 | -19,602 | 13,238 | -4,456 | -37,092 | 81 | 21,270 | -108,928 | -306,509 | 443,326 |
| Accruals and Deferred Income | -246,308 | -77,435 | 50,240 | 105,609 | 192,312 | -14,292 | 18,157 | 4,030 | -46,323 | 35,550 | -6,284 | 39,681 | -118 | -92,573 | 93,175 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| 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 | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -388 | 388 | 361,907 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -248,011 | 254,275 | 131,591 | 250,984 | 3,287 | -59,397 | 16,602 | -27,142 | 41,085 | -25,659 | -132,322 | 28,893 | -15,554 | -390,881 | 846,357 |
| overdraft | |||||||||||||||
| change in cash | -248,011 | 254,275 | 131,591 | 250,984 | 3,287 | -59,397 | 16,602 | -27,142 | 41,085 | -25,659 | -132,322 | 28,893 | -15,554 | -390,881 | 846,357 |
voluntary organisations' network north east Credit Report and Business Information
Voluntary Organisations' Network North East Competitor Analysis
Perform a competitor analysis for voluntary organisations' network north east by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in NE1 area or any other competitors across 12 key performance metrics.
voluntary organisations' network north east Ownership
VOLUNTARY ORGANISATIONS' NETWORK NORTH EAST group structure
Voluntary Organisations' Network North East has no subsidiary companies.
Ultimate parent company
VOLUNTARY ORGANISATIONS' NETWORK NORTH EAST
04061592
voluntary organisations' network north east directors
Voluntary Organisations' Network North East currently has 15 directors. The longest serving directors include Mr Kumareswaradas Ramanathas (Nov 2011) and Mrs Alison Dunn (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kumareswaradas Ramanathas | United Kingdom | 47 years | Nov 2011 | - | Director |
| Mrs Alison Dunn | United Kingdom | 54 years | Nov 2017 | - | Director |
| Mr Modupe Fawole | United Kingdom | 59 years | Nov 2019 | - | Director |
| Mr Jonathan Carling | England | 61 years | Nov 2021 | - | Director |
| Mr Colin Hewitt | 67 years | Nov 2021 | - | Director | |
| Mr Craig Henderson | United Kingdom | 34 years | Nov 2022 | - | Director |
| Mr Adam Hill | United Kingdom | 46 years | Nov 2022 | - | Director |
| Mrs Catherine Parker | United Kingdom | 43 years | Nov 2023 | - | Director |
| Mr Shaun Newton | United Kingdom | 56 years | Nov 2024 | - | Director |
| Mr Lawrence McAnelly | United Kingdom | 61 years | Nov 2024 | - | Director |
P&L
March 2024turnover
2.4m
+28%
operating profit
864.9k
0%
gross margin
74.2%
+1.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.8m
+0.61%
total assets
2m
+0.36%
cash
674.1k
-0.27%
net assets
Total assets minus all liabilities
voluntary organisations' network north east company details
company number
04061592
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94120 - Activities of professional membership organisations
incorporation date
August 2000
age
25
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
DEBERE LIMITED
auditor
READ MILBURN & CO
address
hadrian house higham place, newcastle upon tyne, NE1 8AF
Bank
UNITY TRUST BANK
Legal Advisor
-
voluntary organisations' network north east 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 voluntary organisations' network north east.
voluntary organisations' network north east 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.
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voluntary organisations' network north east Companies House Filings - See Documents
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