Pomanda estimates the enterprise value of VETTED LIMITED at £76.3m based on a Turnover of £61.9m and 1.23x industry multiple (adjusted for size and gross margin).
vetted limitedEstimated Valuation
£96.5m
Pomanda estimates the enterprise value of VETTED LIMITED at £96.5m based on an EBITDA of £10.7m and a 9.02x industry multiple (adjusted for size and gross margin).
vetted limitedEstimated Valuation
£38.1m
Pomanda estimates the enterprise value of VETTED LIMITED at £38.1m based on Net Assets of £17.9m and 2.13x industry multiple (adjusted for liquidity).
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Vetted LimitedOverview
Vetted Limited is a live company located in london, N1 9DX with a Companies House number of 04285394. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2001, it's largest shareholder is
sherrington mews limited
with a 97.8% stake. Vetted Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£61.9m with
high
growth in recent years.
Pomanda's financial health check has awarded Vetted Limited 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 Rating4.5out of 5
6 Strong
3 Regular
2 Weak
Size
annual sales of £67.9m, make it larger than the average company (£3.1m)
£67.9m - Vetted Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (4.1%)
21% - Vetted Limited
4.1% - Industry AVG
Production
with a gross margin of 38.7%, this company has a comparable cost of product (38.7%)
38.7% - Vetted Limited
38.7% - Industry AVG
Profitability
an operating margin of 7.5% make it as profitable than the average company (6.5%)
7.5% - Vetted Limited
6.5% - Industry AVG
Employees
with 553 employees, this is above the industry average (20)
553 - Vetted Limited
20 - Industry AVG
Pay Structure
on an average salary of £59.7k, the company has a higher pay structure (£44.8k)
£59.7k - Vetted Limited
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £122.8k, this is equally as efficient (£141.1k)
£122.8k - Vetted Limited
£141.1k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (40 days)
13 days - Vetted Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (34 days)
13 days - Vetted Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Vetted Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 45 weeks, this is more cash available to meet short term requirements (27 weeks)
45 weeks - Vetted Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.9%, this is a lower level of debt than the average (60.4%)
43.9% - Vetted Limited
60.4% - Industry AVG
VETTED LIMITED financials
EXPORT
Vetted Limited's latest turnover from December 2023 is £61.9 million and the company has net assets of £17.9 million. According to their latest financial statements, Vetted Limited has 592 employees and maintains cash reserves of £16.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
61,868,712
67,891,499
55,633,696
38,957,679
38,548,105
29,691,444
22,363,344
25,286,635
12,822,938
9,462,924
6,724,850
4,549,806
15,484,132
13,012,773
Other Income Or Grants
Cost Of Sales
38,183,358
41,613,084
34,514,035
24,427,656
23,883,796
16,798,757
12,029,301
14,970,765
7,173,022
6,088,309
3,714,180
2,854,587
9,493,060
7,792,138
Gross Profit
23,685,354
26,278,415
21,119,661
14,530,023
14,664,309
12,892,687
10,334,043
10,315,870
5,649,916
3,374,615
3,010,670
1,695,219
5,991,071
5,220,635
Admin Expenses
20,104,890
21,203,299
21,126,337
27,957,162
22,253,633
17,623,266
8,962,673
10,182,668
5,905,077
3,011,476
2,905,659
1,614,584
5,765,774
5,310,302
-264,534
Operating Profit
3,580,464
5,075,116
-6,676
-13,427,139
-7,589,324
-4,730,579
1,371,370
133,202
-255,161
363,139
105,011
80,635
225,297
-89,667
264,534
Interest Payable
113,689
163,060
171,738
178,170
188,465
51,172
2,384
2,186
2
79
Interest Receivable
5
95
2,522
183
4,014
7,523
2,332
5,217
3,471
2,156
1,183
544
Pre-Tax Profit
3,466,775
4,912,056
-178,414
-13,605,304
-7,777,694
-4,779,229
1,369,169
137,216
-247,638
363,285
110,226
84,027
227,453
-88,484
265,078
Tax
-1,251,161
-677,184
551
2,418,100
1,522,897
768,360
-218,010
-44,690
-188,727
24,755
-38,878
-21,338
-59,138
-74,222
Profit After Tax
2,215,614
4,234,872
-177,863
-11,187,204
-6,254,797
-4,010,869
1,151,159
92,526
-436,365
388,040
71,348
62,689
168,315
-88,484
190,856
Dividends Paid
9,819,845
3,300,000
81,000
420,000
100,000
100,000
Retained Profit
-7,604,231
934,872
-177,863
-11,187,204
-6,254,797
-4,010,869
1,151,159
11,526
-856,365
388,040
-28,652
-37,311
168,315
-88,484
190,856
Employee Costs
27,537,012
33,018,864
27,619,832
20,879,950
14,193,382
12,132,527
8,251,351
10,366,773
5,328,098
3,140,678
2,493,199
1,937,159
4,279,702
3,638,069
Number Of Employees
592
553
555
463
422
374
307
281
206
175
109
84
118
103
EBITDA*
10,695,940
14,221,603
6,756,625
-8,999,726
-5,268,605
-3,972,810
1,981,331
908,675
-82,436
501,434
214,268
166,655
285,675
-33,226
351,108
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
1,806,060
2,121,770
7,790,895
8,373,210
9,106,298
1,117,182
317,154
486,094
794,703
591,475
319,958
330,327
159,578
513,923
144,374
Intangible Assets
24,287,122
23,400,747
15,101,864
11,263,512
5,312,972
1,528,377
1,117,113
838,820
566,224
Investments & Other
86,772
10,788
556,730
1,252,282
1,747,150
672,142
Debtors (Due After 1 year)
10,125
Total Fixed Assets
26,179,954
25,533,305
23,449,489
20,889,004
16,166,420
3,327,826
1,434,267
1,324,914
1,360,927
591,475
319,958
330,327
159,578
513,923
144,374
Stock & work in progress
30,031
19,170
9,903
12,531
11,537
17,170
Trade Debtors
2,899,702
2,429,095
1,859,633
1,861,395
1,276,080
3,496,441
12,081,781
6,986,315
4,587,762
3,640,513
2,686,013
2,030,564
2,128,045
1,825,669
1,666,405
Group Debtors
1,437,220
2,619,845
4,785,011
2,619,445
2,827,567
2,074,596
1,983,419
868,619
509,440
Misc Debtors
2,641,854
2,989,635
2,535,697
5,931,173
10,828,814
4,171,143
648,911
604,302
1,252,863
1,454,713
942,474
650,237
Cash
16,209,014
13,005,579
11,255,063
11,545,290
578,568
1,446,823
1,165,565
1,275,946
1,465,318
908,389
606,499
255,838
217,414
misc current assets
607,739
43,530
171,448
400,541
150,043
9
6,445
total current assets
21,750,570
19,861,529
18,877,977
24,166,399
14,895,787
10,895,692
15,533,899
11,020,859
7,874,809
6,910,643
5,112,975
3,599,093
2,747,075
2,093,053
1,907,434
total assets
47,930,524
45,394,834
42,327,466
45,055,403
31,062,207
14,223,518
16,968,166
12,345,773
9,235,736
7,502,118
5,432,933
3,929,420
2,906,653
2,606,976
2,051,808
Bank overdraft
25,036,112
10,087,081
Bank loan
Trade Creditors
1,663,915
1,490,377
1,668,036
2,566,168
2,799,154
1,015,696
839,538
740,788
1,022,010
736,743
511,626
98,065
2,577,457
2,391,458
1,797,272
Group/Directors Accounts
8,500,000
19,219
223,594
1,192
15,820
176,382
185,412
88,948
5,671
5,671
5,671
8,409
8,158
other short term finances
hp & lease commitments
883,477
808,792
693,228
476,510
551,478
other current liabilities
14,256,328
12,411,033
9,876,974
11,606,080
5,579,714
5,883,449
14,953,714
11,620,641
8,292,497
6,328,431
4,637,004
3,521,518
total current liabilities
25,303,720
14,729,421
12,461,832
14,649,950
33,982,278
17,162,608
15,978,664
12,450,377
9,314,507
7,070,845
5,154,301
3,625,254
2,585,866
2,391,458
1,805,430
loans
hp & lease commitments
4,225,001
4,659,379
5,273,266
5,786,179
6,177,626
Accruals and Deferred Income
other liabilities
57,154
provisions
528,850
528,850
120,639
96,190
8,221
65,274
70,367
34,813
23,808
20,690
5,892
5,422
total long term liabilities
4,753,851
5,188,229
5,393,905
5,786,179
6,273,816
8,221
65,274
70,367
34,813
23,808
20,690
63,046
5,422
total liabilities
30,057,571
19,917,650
17,855,737
20,436,129
40,256,094
17,162,608
15,986,885
12,515,651
9,384,874
7,105,658
5,178,109
3,645,944
2,585,866
2,454,504
1,810,852
net assets
17,872,953
25,477,184
24,471,729
24,619,274
-9,193,887
-2,939,090
981,281
-169,878
-149,138
396,460
254,824
283,476
320,787
152,472
240,956
total shareholders funds
17,872,953
25,477,184
24,471,729
24,619,274
-9,193,887
-2,939,090
981,281
-169,878
-149,138
396,460
254,824
283,476
320,787
152,472
240,956
Dec 2023
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
3,580,464
5,075,116
-6,676
-13,427,139
-7,589,324
-4,730,579
1,371,370
133,202
-255,161
363,139
105,011
80,635
225,297
-89,667
264,534
Depreciation
538,529
1,887,267
1,569,701
1,338,677
1,078,434
317,687
214,657
350,784
172,725
138,295
109,257
86,020
60,378
56,441
86,574
Amortisation
6,576,947
7,259,220
5,193,600
3,088,736
1,242,285
440,082
395,304
424,689
Tax
-1,251,161
-677,184
551
2,418,100
1,522,897
768,360
-218,010
-44,690
-188,727
24,755
-38,878
-21,338
-59,138
-74,222
Stock
-30,031
10,861
9,267
-2,628
994
-5,633
17,170
Debtors
-1,473,619
-159,225
-5,562,404
-2,146,760
4,219,063
-4,300,012
5,231,252
9,574,036
1,104,578
1,976,179
947,686
552,756
302,376
159,264
1,666,405
Creditors
-4,121
-177,659
-898,132
-232,986
1,783,458
176,158
98,750
740,788
285,267
225,117
413,561
-2,479,392
185,999
594,186
1,797,272
Accruals and Deferred Income
4,379,354
2,534,059
-1,729,106
6,026,366
-303,735
-9,070,265
3,333,073
11,620,641
1,964,066
1,691,427
1,115,486
3,521,518
Deferred Taxes & Provisions
408,211
408,211
120,639
-96,190
96,190
-8,221
-57,053
65,274
35,554
11,005
3,118
20,690
-5,892
470
5,422
Cash flow from operations
15,701,842
16,468,255
9,812,981
1,262,324
-6,388,858
-7,806,766
-93,161
3,716,652
939,177
466,698
750,602
658,005
103,274
407,799
396,005
Investing Activities
capital expenditure
-10,315,899
-11,776,245
-10,019,338
-9,644,865
-14,094,430
-1,969,061
-719,314
-2,100,387
-343,687
-266,170
-124,437
-255,353
293,967
-425,990
-230,948
Change in Investments
-469,958
-545,942
-695,552
-494,868
1,075,008
672,142
cash flow from investments
-9,845,941
-11,230,303
-9,323,786
-9,149,997
-15,169,438
-2,641,203
-719,314
-2,100,387
-343,687
-266,170
-124,437
-255,353
293,967
-425,990
-230,948
Financing Activities
Bank loans
Group/Directors Accounts
8,276,406
-204,375
222,402
-14,628
-160,562
-9,030
96,464
88,948
-5,671
-2,738
8,409
-8,158
8,158
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-858,016
-498,323
-296,195
-466,415
6,729,104
other long term liabilities
-57,154
57,154
share issue
1,005,455
70,583
30,318
45,000,365
90,498
-181,404
310,767
-246,404
50,100
interest
-113,689
-163,060
-171,738
-178,165
-188,370
-48,650
-2,201
4,014
7,523
146
5,215
3,392
2,156
1,183
544
cash flow from financing
8,310,156
-795,175
-215,213
44,341,157
6,380,172
32,818
94,263
-88,442
312,619
-246,258
5,215
654
-46,589
50,179
58,802
cash and cash equivalents
cash
4,953,951
1,750,516
-290,227
11,545,290
-578,568
-868,255
1,446,823
-110,381
-189,372
556,929
301,890
350,661
38,424
217,414
overdraft
-25,036,112
14,949,031
10,087,081
change in cash
4,953,951
1,750,516
-290,227
36,581,402
-14,949,031
-10,665,649
-868,255
1,446,823
-110,381
-189,372
556,929
301,890
350,661
38,424
217,414
vetted 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 vetted limited. Get real-time insights into vetted limited's credit score, group structure and payment trends.
Perform a competitor analysis for vetted limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in N 1 area or any other competitors across 12 key performance metrics.
82990 - Other business support service activities n.e.c.
incorporation date
September 2001
age
24
incorporated
UK
ultimate parent company
HESTIA UK HOLDCO II LTD
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
focus point 21 caledonian road, london, N1 9DX
Bank
-
Legal Advisor
-
vetted 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 vetted limited. Currently there are 1 open charges and 6 have been satisfied in the past.
vetted 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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vetted limitedCompanies House Filings - See Documents
