viadex limited
viadex limited Company Information
Company Number
04066603
Next Accounts
Sep 2025
Industry
Other information technology and computer service activities
Shareholders
fulcrum pegasus viadex exchange co ltd
Group Structure
View All
Contact
Registered Address
unit 20, red lion road business park, surbiton, surrey, KT6 7QD
Website
www.viadex.comviadex limited Estimated Valuation
Pomanda estimates the enterprise value of VIADEX LIMITED at £90.9m based on a Turnover of £86.6m and 1.05x industry multiple (adjusted for size and gross margin).
viadex limited Estimated Valuation
Pomanda estimates the enterprise value of VIADEX LIMITED at £17.8m based on an EBITDA of £2.5m and a 7.03x industry multiple (adjusted for size and gross margin).
viadex limited Estimated Valuation
Pomanda estimates the enterprise value of VIADEX LIMITED at £13.9m based on Net Assets of £6.3m and 2.21x industry multiple (adjusted for liquidity).
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Viadex Limited Overview
Viadex Limited is a live company located in surbiton, KT6 7QD with a Companies House number of 04066603. It operates in the other information technology service activities sector, SIC Code 62090. Founded in September 2000, it's largest shareholder is fulcrum pegasus viadex exchange co ltd with a 100% stake. Viadex Limited is a mature, large sized company, Pomanda has estimated its turnover at £86.6m with rapid growth in recent years.
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Viadex Limited Health Check
Pomanda's financial health check has awarded Viadex Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £86.6m, make it larger than the average company (£7.1m)
£86.6m - Viadex Limited
£7.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (7.5%)
36% - Viadex Limited
7.5% - Industry AVG
Production
with a gross margin of 16.2%, this company has a higher cost of product (50.4%)
16.2% - Viadex Limited
50.4% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (3.4%)
2.7% - Viadex Limited
3.4% - Industry AVG
Employees
with 86 employees, this is above the industry average (44)
86 - Viadex Limited
44 - Industry AVG
Pay Structure
on an average salary of £66.7k, the company has an equivalent pay structure (£71.6k)
£66.7k - Viadex Limited
£71.6k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£171.9k)
£1m - Viadex Limited
£171.9k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (54 days)
25 days - Viadex Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (34 days)
17 days - Viadex Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (15 days)
7 days - Viadex Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (13 weeks)
5 weeks - Viadex Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.6%, this is a lower level of debt than the average (65%)
53.6% - Viadex Limited
65% - Industry AVG
VIADEX LIMITED financials
Viadex Limited's latest turnover from December 2023 is £86.6 million and the company has net assets of £6.3 million. According to their latest financial statements, Viadex Limited has 86 employees and maintains cash reserves of £738 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 86,647,000 | 52,052,348 | 33,038,432 | 34,503,628 | 32,441,880 | 49,885,952 | 49,410,501 | 32,710,556 | 27,171,348 | 27,298,973 | 26,476,145 | 26,224,138 | 17,876,773 | 16,047,257 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 72,629,000 | 44,464,458 | 27,663,907 | 28,534,214 | 26,425,481 | 43,633,564 | 44,023,714 | 27,815,692 | 23,164,786 | 23,630,514 | 23,377,750 | 23,068,479 | 15,609,408 | 14,028,147 |
| Gross Profit | 14,018,000 | 7,587,890 | 5,374,525 | 5,969,414 | 6,016,399 | 6,252,388 | 5,386,787 | 4,894,864 | 4,006,562 | 3,668,459 | 3,098,395 | 3,155,659 | 2,267,365 | 2,019,110 |
| Admin Expenses | 11,711,000 | 4,686,249 | 3,864,101 | 4,949,986 | 6,032,816 | 5,687,717 | 4,087,870 | 3,773,841 | 3,205,366 | 2,940,260 | 2,468,245 | 2,369,227 | 1,808,216 | 1,534,795 |
| Operating Profit | 2,307,000 | 2,901,641 | 1,510,424 | 1,019,428 | -16,417 | 564,671 | 1,298,917 | 1,121,023 | 801,196 | 728,199 | 630,150 | 786,432 | 459,149 | 484,315 |
| Interest Payable | 92,000 | 16,262 | 13,003 | 24,215 | 17,644 | 12,294 | 0 | 177 | 0 | 8,924 | 9,613 | 58,286 | 68,103 | 49,562 |
| Interest Receivable | 1,000 | 0 | 8,257 | 20,438 | 6,047 | 48,599 | 26,957 | 42,338 | 41,107 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 2,216,000 | 2,294,390 | 1,505,678 | 1,015,651 | -28,014 | 600,976 | 1,259,973 | 1,138,560 | 803,583 | 719,275 | 620,537 | 728,146 | 391,046 | 434,753 |
| Tax | -629,000 | -594,145 | -259,207 | -272,530 | -2,726 | -135,063 | -315,676 | -276,927 | -185,437 | -180,763 | -145,055 | -199,449 | -106,738 | -119,507 |
| Profit After Tax | 1,587,000 | 1,700,245 | 1,246,471 | 743,121 | -30,740 | 465,913 | 944,297 | 861,633 | 618,146 | 538,512 | 475,482 | 528,697 | 284,308 | 315,246 |
| Dividends Paid | 242,000 | 382,317 | 519,757 | 830,582 | 290,000 | 295,001 | 320,004 | 396,263 | 448,580 | 325,880 | 294,880 | 309,550 | 225,139 | 236,600 |
| Retained Profit | 1,345,000 | 1,317,928 | 726,714 | -87,461 | -320,740 | 170,912 | 624,293 | 465,370 | 169,566 | 212,632 | 180,602 | 219,147 | 59,169 | 78,646 |
| Employee Costs | 5,736,000 | 3,301,141 | 2,568,422 | 3,053,882 | 3,857,838 | 3,735,519 | 2,937,584 | 2,812,853 | 2,341,309 | 2,135,144 | 1,743,510 | 1,715,162 | 1,192,680 | 998,234 |
| Number Of Employees | 86 | 72 | 59 | 68 | 76 | 66 | 57 | 47 | 48 | 46 | 45 | 38 | 35 | 26 |
| EBITDA* | 2,537,000 | 3,003,555 | 1,618,928 | 1,126,472 | 139,809 | 723,047 | 1,411,167 | 1,243,584 | 903,957 | 809,625 | 706,893 | 840,225 | 511,579 | 539,844 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 366,000 | 1,606,873 | 1,572,891 | 1,481,607 | 1,448,201 | 1,566,527 | 1,334,759 | 765,773 | 796,717 | 493,211 | 560,183 | 543,113 | 508,423 | 535,647 |
| Intangible Assets | 702,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 590,989 | 624,304 | 637,278 | 594,601 | 590,989 | 590,989 | 590,989 | 590,990 | 590,990 | 590,990 | 423,174 | 515,069 |
| Debtors (Due After 1 year) | 0 | 337,594 | 333,064 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,068,000 | 1,944,467 | 2,496,944 | 2,105,911 | 2,085,479 | 2,161,128 | 1,925,748 | 1,356,762 | 1,387,706 | 1,084,201 | 1,151,173 | 1,134,103 | 931,597 | 1,050,716 |
| Stock & work in progress | 1,483,000 | 2,829,384 | 419,543 | 519,231 | 609,304 | 119,596 | 108,497 | 873,046 | 841,011 | 519,420 | 738,549 | 579,811 | 483,368 | 267,908 |
| Trade Debtors | 6,053,000 | 8,574,236 | 6,855,819 | 4,751,850 | 5,608,355 | 6,353,020 | 11,717,004 | 9,394,814 | 5,295,987 | 4,961,062 | 3,414,629 | 3,797,782 | 2,922,279 | 2,763,633 |
| Group Debtors | 3,835,000 | 0 | 0 | 0 | 0 | 52,464 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 419,000 | 1,222,584 | 1,125,396 | 201,303 | 1,155,959 | 764,773 | 614,042 | 1,243,829 | 524,232 | 165,896 | 323,261 | 214,352 | 110,878 | 176,218 |
| Cash | 738,000 | 3,975,281 | 3,083,268 | 951,773 | 722,196 | 757,172 | 1,402,586 | 481,384 | 466,233 | 1,973,373 | 684,331 | 628,727 | 397,726 | 474,315 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,528,000 | 16,601,485 | 11,484,026 | 6,424,157 | 8,095,814 | 8,047,025 | 13,842,129 | 11,993,073 | 7,127,463 | 7,619,751 | 5,160,770 | 5,220,672 | 3,914,251 | 3,682,074 |
| total assets | 13,596,000 | 18,545,952 | 13,980,970 | 8,530,068 | 10,181,293 | 10,208,153 | 15,767,877 | 13,349,835 | 8,515,169 | 8,703,952 | 6,311,943 | 6,354,775 | 4,845,848 | 4,732,790 |
| Bank overdraft | 0 | 2,618,125 | 1,160,026 | 55,512 | 1,132,932 | 404,905 | 2,642,075 | 1,962,155 | 1,976,932 | 2,040,827 | 523,802 | 1,543,369 | 702,393 | 486,349 |
| Bank loan | 0 | 164,800 | 139,800 | 57,491 | 371,960 | 63,728 | 62,107 | 60,505 | 0 | 0 | 0 | 24,521 | 23,610 | 0 |
| Trade Creditors | 3,557,000 | 4,080,105 | 4,210,113 | 1,931,772 | 3,011,199 | 3,176,147 | 7,083,508 | 6,429,203 | 3,072,349 | 3,289,426 | 2,976,648 | 2,078,112 | 1,906,188 | 1,959,689 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 32,982 | 46,508 | 77,081 | 64,310 | 0 | 0 | 12,744 | 11,280 | 11,000 |
| other short term finances | 298,000 | 463,556 | 310,393 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 58,000 | 20,006 | 14,894 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,692,000 | 5,123,894 | 2,871,025 | 2,111,411 | 1,951,551 | 2,130,287 | 1,557,791 | 1,640,859 | 617,482 | 1,038,928 | 659,270 | 697,251 | 410,576 | 488,883 |
| total current liabilities | 6,605,000 | 12,470,486 | 8,706,251 | 4,156,186 | 6,467,642 | 5,808,049 | 11,391,989 | 10,169,803 | 5,731,073 | 6,369,181 | 4,159,720 | 4,355,997 | 3,054,047 | 2,945,921 |
| loans | 0 | 1,228,973 | 1,030,466 | 253,835 | 16,263 | 367,721 | 431,321 | 494,239 | 555,660 | 287,232 | 312,864 | 338,655 | 363,635 | 387,875 |
| hp & lease commitments | 655,000 | 94,254 | 110,053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 303,493 | 370 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 25,000 | 127,521 | 127,521 | 117,123 | 125,217 | 125,217 | 118,268 | 10,310 | 18,323 | 6,993 | 11,445 | 12,811 | 0 | 0 |
| total long term liabilities | 680,000 | 1,450,748 | 1,268,040 | 674,451 | 141,850 | 492,938 | 549,589 | 504,549 | 573,983 | 294,225 | 324,309 | 351,466 | 363,635 | 387,875 |
| total liabilities | 7,285,000 | 13,921,234 | 9,974,291 | 4,830,637 | 6,609,492 | 6,300,987 | 11,941,578 | 10,674,352 | 6,305,056 | 6,663,406 | 4,484,029 | 4,707,463 | 3,417,682 | 3,333,796 |
| net assets | 6,311,000 | 4,624,718 | 4,006,679 | 3,699,431 | 3,571,801 | 3,907,166 | 3,826,299 | 2,675,483 | 2,210,113 | 2,040,546 | 1,827,914 | 1,647,312 | 1,428,166 | 1,398,994 |
| total shareholders funds | 6,311,000 | 4,624,718 | 4,006,679 | 3,699,431 | 3,571,801 | 3,907,166 | 3,826,299 | 2,675,483 | 2,210,113 | 2,040,546 | 1,827,914 | 1,647,312 | 1,428,166 | 1,398,994 |
| Dec 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,307,000 | 2,901,641 | 1,510,424 | 1,019,428 | -16,417 | 564,671 | 1,298,917 | 1,121,023 | 801,196 | 728,199 | 630,150 | 786,432 | 459,149 | 484,315 |
| Depreciation | 230,000 | 101,914 | 108,504 | 107,044 | 156,226 | 158,376 | 112,250 | 122,561 | 102,761 | 81,426 | 76,743 | 53,793 | 52,430 | 55,529 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -629,000 | -594,145 | -259,207 | -272,530 | -2,726 | -135,063 | -315,676 | -276,927 | -185,437 | -180,763 | -145,055 | -199,449 | -106,738 | -119,507 |
| Stock | -1,346,384 | 2,409,841 | -99,688 | -90,073 | 489,708 | 11,099 | -764,549 | 32,035 | 321,591 | -219,129 | 158,738 | 96,443 | 215,460 | 267,908 |
| Debtors | 172,586 | 1,820,135 | 3,361,126 | -1,811,161 | -405,943 | -5,160,789 | 1,692,403 | 4,818,424 | 693,261 | 1,389,068 | -274,244 | 978,977 | 93,306 | 2,939,851 |
| Creditors | -523,105 | -130,008 | 2,278,341 | -1,079,427 | -164,948 | -3,907,361 | 654,305 | 3,356,854 | -217,077 | 312,778 | 898,536 | 171,924 | -53,501 | 1,959,689 |
| Accruals and Deferred Income | -2,431,894 | 2,252,869 | 759,614 | 159,860 | -178,736 | 572,496 | -83,068 | 1,023,377 | -421,446 | 379,658 | -37,981 | 286,675 | -78,307 | 488,883 |
| Deferred Taxes & Provisions | -102,521 | 0 | 10,398 | -8,094 | 0 | 6,949 | 107,958 | -8,013 | 11,330 | -4,452 | -1,366 | 12,811 | 0 | 0 |
| Cash flow from operations | 24,278 | 302,295 | 1,146,636 | 1,827,515 | -290,366 | 2,409,758 | 846,832 | 488,416 | -923,525 | 146,907 | 1,536,533 | 36,766 | -35,733 | -338,850 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -393,690 | 1 | 1,391 | 0 | -14,454 | -93,441 | -88,482 | -25,205 | -278,394 |
| Change in Investments | 0 | -590,989 | -33,315 | -12,974 | 42,677 | 3,612 | 0 | 0 | -1 | 0 | 0 | 167,816 | -91,895 | 515,069 |
| cash flow from investments | 0 | 590,989 | 33,315 | 12,974 | -42,677 | -397,302 | 1 | 1,391 | 1 | -14,454 | -93,441 | -256,298 | 66,690 | -793,463 |
| Financing Activities | ||||||||||||||
| Bank loans | -164,800 | 25,000 | 82,309 | -314,469 | 308,232 | 1,621 | 1,602 | 60,505 | 0 | 0 | -24,521 | 911 | 23,610 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -32,982 | -13,526 | -30,573 | 12,771 | 64,310 | 0 | -12,744 | 1,464 | 280 | 11,000 |
| Other Short Term Loans | -165,556 | 153,163 | 310,393 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -1,228,973 | 198,507 | 776,631 | 237,572 | -351,458 | -63,600 | -62,918 | -61,421 | 268,428 | -25,632 | -25,791 | -24,980 | -24,240 | 387,875 |
| Hire Purchase and Lease Commitments | 598,740 | -10,687 | 124,947 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -303,493 | 303,123 | 370 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -91,000 | -16,262 | -4,746 | -3,777 | -11,597 | 36,305 | 26,957 | 42,161 | 41,107 | -8,924 | -9,613 | -58,286 | -68,103 | -49,562 |
| cash flow from financing | -710,307 | -350,168 | 566,575 | 437,540 | -102,060 | -129,245 | 461,591 | 54,016 | 373,846 | -34,556 | -72,669 | -80,892 | -98,450 | 1,669,661 |
| cash and cash equivalents | ||||||||||||||
| cash | -3,237,281 | 892,013 | 2,131,495 | 229,577 | -34,976 | -645,414 | 921,202 | 15,151 | -1,507,140 | 1,289,042 | 55,604 | 231,001 | -76,589 | 474,315 |
| overdraft | -2,618,125 | 1,458,099 | 1,104,514 | -1,077,420 | 728,027 | -2,237,170 | 679,920 | -14,777 | -63,895 | 1,517,025 | -1,019,567 | 840,976 | 216,044 | 486,349 |
| change in cash | -619,156 | -566,086 | 1,026,981 | 1,306,997 | -763,003 | 1,591,756 | 241,282 | 29,928 | -1,443,245 | -227,983 | 1,075,171 | -609,975 | -292,633 | -12,034 |
viadex limited Credit Report and Business Information
Viadex Limited Competitor Analysis
Perform a competitor analysis for viadex limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in KT6 area or any other competitors across 12 key performance metrics.
viadex limited Ownership
VIADEX LIMITED group structure
Viadex Limited has no subsidiary companies.
Ultimate parent company
FULCRUM TECHNOLOGY HOLDINGS LTD
#0151515
2 parents
VIADEX LIMITED
04066603
viadex limited directors
Viadex Limited currently has 3 directors. The longest serving directors include Mr Constantine Cooper (Jul 2001) and Mr Dan Hayden Hammond (Jul 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Constantine Cooper | 54 years | Jul 2001 | - | Director | |
| Mr Dan Hayden Hammond | 49 years | Jul 2013 | - | Director | |
| Mr Luis Ongil | United Kingdom | 50 years | Mar 2024 | - | Director |
P&L
December 2023turnover
86.6m
+66%
operating profit
2.3m
-20%
gross margin
16.2%
+10.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6.3m
+0.36%
total assets
13.6m
-0.27%
cash
738k
-0.81%
net assets
Total assets minus all liabilities
viadex limited company details
company number
04066603
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
September 2000
age
24
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
WELLDEN TURNBULL LIMITED
address
unit 20, red lion road business park, surbiton, surrey, KT6 7QD
Bank
BARCLAYS BANK PLC
Legal Advisor
-
viadex 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 7 charges/mortgages relating to viadex limited. Currently there are 3 open charges and 4 have been satisfied in the past.
viadex 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.
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viadex limited Companies House Filings - See Documents
| date | description | view/download |
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