volvere plc
volvere plc Company Information
Company Number
04478674
Next Accounts
Jun 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Activities of head offices
Registered Address
shire house tachbrook road, leamington spa, warwickshire, CV31 3SF
Website
www.volvere.co.ukvolvere plc Estimated Valuation
Pomanda estimates the enterprise value of VOLVERE PLC at £34.4m based on a Turnover of £43m and 0.8x industry multiple (adjusted for size and gross margin).
volvere plc Estimated Valuation
Pomanda estimates the enterprise value of VOLVERE PLC at £24.5m based on an EBITDA of £4m and a 6.16x industry multiple (adjusted for size and gross margin).
volvere plc Estimated Valuation
Pomanda estimates the enterprise value of VOLVERE PLC at £73.9m based on Net Assets of £34.5m and 2.14x industry multiple (adjusted for liquidity).
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Volvere Plc Overview
Volvere Plc is a live company located in warwickshire, CV31 3SF with a Companies House number of 04478674. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 2002, it's largest shareholder is undisclosed with a 100% stake. Volvere Plc is a mature, large sized company, Pomanda has estimated its turnover at £43m with healthy growth in recent years.
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Volvere Plc Health Check
Pomanda's financial health check has awarded Volvere Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £43m, make it larger than the average company (£20.3m)
£43m - Volvere Plc
£20.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.4%)
12% - Volvere Plc
7.4% - Industry AVG
Production
with a gross margin of 18.4%, this company has a higher cost of product (33.7%)
18.4% - Volvere Plc
33.7% - Industry AVG
Profitability
an operating margin of 6.9% make it as profitable than the average company (5.8%)
6.9% - Volvere Plc
5.8% - Industry AVG
Employees
with 261 employees, this is above the industry average (110)
261 - Volvere Plc
110 - Industry AVG
Pay Structure
on an average salary of £28.5k, the company has a lower pay structure (£49.8k)
£28.5k - Volvere Plc
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £164.6k, this is less efficient (£205.3k)
£164.6k - Volvere Plc
£205.3k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (45 days)
58 days - Volvere Plc
45 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (42 days)
25 days - Volvere Plc
42 days - Industry AVG
Stock Days
it holds stock equivalent to 61 days, this is more than average (49 days)
61 days - Volvere Plc
49 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 206 weeks, this is more cash available to meet short term requirements (15 weeks)
206 weeks - Volvere Plc
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.4%, this is a lower level of debt than the average (55.6%)
17.4% - Volvere Plc
55.6% - Industry AVG
VOLVERE PLC financials
Volvere Plc's latest turnover from December 2023 is £43 million and the company has net assets of £34.5 million. According to their latest financial statements, Volvere Plc has 261 employees and maintains cash reserves of £22.1 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 | 42,950,000 | 38,027,000 | 30,701,000 | 30,809,000 | 23,036,000 | 18,344,000 | 16,153,000 | 32,964,000 | 27,864,000 | 12,387,000 | 16,137,000 | 6,459,000 | 12,221,000 | 8,979,000 | 10,890,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 35,044,000 | 31,921,000 | 25,388,000 | 25,803,000 | 19,454,000 | 15,700,000 | 13,569,000 | 25,033,000 | 21,540,000 | 10,031,000 | 11,497,000 | 5,739,000 | 6,250,000 | 2,739,000 | 3,761,000 |
| Gross Profit | 7,906,000 | 6,106,000 | 5,313,000 | 5,006,000 | 3,582,000 | 2,644,000 | 2,584,000 | 7,931,000 | 6,324,000 | 2,356,000 | 4,640,000 | 720,000 | 5,971,000 | 6,240,000 | 7,129,000 |
| Admin Expenses | 4,939,000 | 4,355,000 | 4,103,000 | 5,481,000 | 3,506,000 | 5,684,000 | 2,745,000 | 5,997,000 | 5,451,000 | 2,111,000 | 4,592,000 | 1,880,000 | 6,059,000 | 6,224,000 | 6,549,000 |
| Operating Profit | 2,967,000 | 1,751,000 | 1,210,000 | -475,000 | 76,000 | -3,040,000 | -161,000 | 1,934,000 | 873,000 | 245,000 | 48,000 | -1,160,000 | -88,000 | 16,000 | 580,000 |
| Interest Payable | 172,000 | 138,000 | 137,000 | 152,000 | 132,000 | 68,000 | 120,000 | 98,000 | 179,000 | 156,000 | 139,000 | 137,000 | 67,000 | 295,000 | 1,030,000 |
| Interest Receivable | 805,000 | 698,000 | 80,000 | 193,000 | 127,000 | 38,000 | 49,000 | 57,000 | 50,000 | 34,000 | 47,000 | 23,000 | 46,000 | 85,000 | |
| Pre-Tax Profit | 3,636,000 | 2,329,000 | 1,073,000 | -547,000 | 137,000 | -2,492,000 | -150,000 | 1,984,000 | 1,343,000 | 1,198,000 | 508,000 | -316,000 | 1,154,000 | 937,000 | 525,000 |
| Tax | -1,129,000 | 61,000 | 29,000 | -31,000 | 370,000 | -25,000 | -311,000 | -335,000 | -152,000 | -68,000 | 1,116,000 | -128,000 | |||
| Profit After Tax | 2,507,000 | 2,329,000 | 1,134,000 | -518,000 | 106,000 | -2,122,000 | -175,000 | 1,673,000 | 1,008,000 | 1,198,000 | 508,000 | -468,000 | 1,086,000 | 2,053,000 | 397,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 1,892,000 | 1,854,000 | 780,000 | -792,000 | -136,000 | 20,956,000 | 2,251,000 | 1,334,000 | 6,499,000 | 1,069,000 | 689,000 | -325,000 | 1,431,000 | 1,093,000 | 6,459,000 |
| Employee Costs | 7,450,000 | 6,038,000 | 5,420,000 | 6,393,000 | 4,646,000 | 5,770,000 | 2,604,000 | 13,451,000 | 10,321,000 | 2,106,000 | 5,773,000 | 1,603,000 | 4,863,000 | 3,921,000 | 5,190,000 |
| Number Of Employees | 261 | 226 | 209 | 248 | 184 | 137 | 118 | 335 | 317 | 102 | 232 | 67 | 169 | 68 | 77 |
| EBITDA* | 3,978,000 | 2,684,000 | 2,132,000 | 504,000 | 709,000 | -2,582,000 | 534,000 | 2,402,000 | 1,332,000 | 1,090,000 | 821,000 | -656,000 | 240,000 | 248,000 | 830,000 |
* 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 | 7,905,000 | 8,142,000 | 9,306,000 | 9,956,000 | 7,331,000 | 6,062,000 | 5,424,000 | 5,572,000 | 5,773,000 | 5,361,000 | 5,531,000 | 6,604,000 | 7,003,000 | 1,232,000 | 383,000 |
| Intangible Assets | 388,000 | 419,000 | 451,000 | 734,000 | 305,000 | 305,000 | 305,000 | ||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 7,905,000 | 8,142,000 | 9,306,000 | 9,956,000 | 7,331,000 | 6,062,000 | 5,812,000 | 5,991,000 | 6,224,000 | 5,361,000 | 5,531,000 | 7,338,000 | 7,308,000 | 1,537,000 | 688,000 |
| Stock & work in progress | 5,925,000 | 3,777,000 | 4,384,000 | 4,020,000 | 2,204,000 | 1,774,000 | 1,466,000 | 2,082,000 | 1,106,000 | 937,000 | 688,000 | 371,000 | 282,000 | ||
| Trade Debtors | 6,936,000 | 8,466,000 | 8,195,000 | 6,498,000 | 4,349,000 | 4,024,000 | 9,503,000 | 6,729,000 | 6,659,000 | 6,154,000 | 4,365,000 | 2,412,000 | 1,778,000 | 1,096,000 | 1,300,000 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 907,000 | 849,000 | 679,000 | 687,000 | 467,000 | 423,000 | 601,000 | 502,000 | 1,414,000 | 456,000 | 458,000 | 734,000 | 683,000 | 387,000 | 266,000 |
| Cash | 22,139,000 | 19,136,000 | 21,871,000 | 23,711,000 | 19,317,000 | 34,137,000 | 12,119,000 | 20,063,000 | 11,967,000 | 12,215,000 | 11,280,000 | 13,630,000 | 4,338,000 | 3,109,000 | 8,837,000 |
| misc current assets | 1,599,000 | 1,649,000 | 6,335,000 | 4,313,000 | 921,000 | 955,000 | 982,000 | 12,038,000 | 17,812,000 | 11,601,000 | |||||
| total current assets | 37,506,000 | 35,980,000 | 35,129,000 | 34,916,000 | 26,337,000 | 40,358,000 | 30,024,000 | 29,376,000 | 25,459,000 | 20,683,000 | 17,746,000 | 18,129,000 | 19,119,000 | 22,404,000 | 22,004,000 |
| total assets | 45,411,000 | 44,122,000 | 44,435,000 | 44,872,000 | 33,668,000 | 46,420,000 | 35,836,000 | 35,367,000 | 31,683,000 | 26,044,000 | 23,277,000 | 25,467,000 | 26,427,000 | 23,941,000 | 22,692,000 |
| Bank overdraft | 817,000 | 746,000 | 799,000 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,483,000 | 2,638,000 | 1,630,000 | 1,846,000 | 1,250,000 | 1,335,000 | 1,964,000 | 1,723,000 | 1,200,000 | 997,000 | 813,000 | 1,018,000 | 1,981,000 | 581,000 | 927,000 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 269,000 | 1,258,000 | 1,452,000 | 1,452,000 | 1,154,000 | 708,000 | 783,000 | 1,613,000 | 787,000 | 1,999,000 | 1,359,000 | 1,073,000 | |||
| hp & lease commitments | 362,000 | 372,000 | 392,000 | 388,000 | 466,000 | 314,000 | 192,000 | 159,000 | 104,000 | 159,000 | 121,000 | 127,000 | 129,000 | 28,000 | |
| other current liabilities | 2,472,000 | 2,169,000 | 1,749,000 | 1,487,000 | 1,158,000 | 1,441,000 | 4,492,000 | 2,892,000 | 2,858,000 | 3,069,000 | 2,080,000 | 1,913,000 | 1,942,000 | 1,923,000 | 2,432,000 |
| total current liabilities | 5,586,000 | 6,437,000 | 5,223,000 | 5,173,000 | 4,028,000 | 3,798,000 | 7,431,000 | 6,387,000 | 4,949,000 | 6,224,000 | 3,831,000 | 3,804,000 | 4,851,000 | 3,863,000 | 4,460,000 |
| loans | 2,142,000 | 2,540,000 | 3,248,000 | 4,262,000 | 4,970,000 | 4,140,000 | 3,336,000 | 3,780,000 | 2,441,000 | 821,000 | 2,006,000 | 2,434,000 | 2,752,000 | ||
| hp & lease commitments | 373,000 | 452,000 | 691,000 | 1,087,000 | 1,334,000 | 816,000 | 315,000 | 442,000 | 450,000 | 57,000 | 182,000 | 311,000 | |||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 860,000 | 978,000 | |||||||||||||
| provisions | 2,490,000 | 1,326,000 | 1,076,000 | 778,000 | 332,000 | 270,000 | 1,186,000 | 930,000 | 898,000 | ||||||
| total long term liabilities | 2,316,000 | 1,933,000 | 2,162,000 | 2,520,000 | 2,651,000 | 2,205,000 | 2,261,000 | 2,355,000 | 2,440,000 | 821,000 | 1,863,000 | 2,195,000 | 1,376,000 | ||
| total liabilities | 7,902,000 | 8,370,000 | 7,385,000 | 7,693,000 | 6,679,000 | 6,003,000 | 9,692,000 | 8,742,000 | 7,389,000 | 7,045,000 | 5,694,000 | 5,999,000 | 6,227,000 | 3,863,000 | 4,460,000 |
| net assets | 34,517,000 | 32,875,000 | 34,648,000 | 35,103,000 | 25,400,000 | 38,970,000 | 24,186,000 | 25,219,000 | 23,248,000 | 17,858,000 | 17,041,000 | 17,991,000 | 18,665,000 | 18,850,000 | 17,769,000 |
| total shareholders funds | 34,517,000 | 32,875,000 | 34,648,000 | 35,103,000 | 25,400,000 | 38,970,000 | 24,186,000 | 25,219,000 | 23,248,000 | 17,858,000 | 17,041,000 | 17,991,000 | 18,665,000 | 18,850,000 | 17,769,000 |
| 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 | 2,967,000 | 1,751,000 | 1,210,000 | -475,000 | 76,000 | -3,040,000 | -161,000 | 1,934,000 | 873,000 | 245,000 | 48,000 | -1,160,000 | -88,000 | 16,000 | 580,000 |
| Depreciation | 1,011,000 | 933,000 | 922,000 | 979,000 | 633,000 | 458,000 | 664,000 | 436,000 | 370,000 | 416,000 | 344,000 | 492,000 | 328,000 | 232,000 | 250,000 |
| Amortisation | 31,000 | 32,000 | 89,000 | 429,000 | 429,000 | 12,000 | |||||||||
| Tax | -1,129,000 | 61,000 | 29,000 | -31,000 | 370,000 | -25,000 | -311,000 | -335,000 | -152,000 | -68,000 | 1,116,000 | -128,000 | |||
| Stock | 2,148,000 | -607,000 | 364,000 | 1,816,000 | 430,000 | 308,000 | -616,000 | 976,000 | 169,000 | 249,000 | 317,000 | 89,000 | 282,000 | ||
| Debtors | -1,472,000 | 441,000 | 1,689,000 | 2,369,000 | 369,000 | -5,657,000 | 2,873,000 | -842,000 | 1,463,000 | 1,787,000 | 1,677,000 | 685,000 | 978,000 | -83,000 | 1,566,000 |
| Creditors | -155,000 | 1,008,000 | -216,000 | 596,000 | -85,000 | -629,000 | 241,000 | 523,000 | 203,000 | 184,000 | -205,000 | -963,000 | 1,400,000 | -346,000 | 927,000 |
| Accruals and Deferred Income | 303,000 | 420,000 | 262,000 | 329,000 | -283,000 | -3,051,000 | 1,600,000 | 34,000 | -211,000 | 989,000 | 167,000 | -29,000 | 19,000 | -509,000 | 2,432,000 |
| Deferred Taxes & Provisions | 1,164,000 | 250,000 | 298,000 | 446,000 | 62,000 | -916,000 | 256,000 | 32,000 | 898,000 | ||||||
| Cash flow from operations | 3,485,000 | 4,528,000 | 484,000 | -2,281,000 | -427,000 | -1,459,000 | 349,000 | 2,546,000 | 255,000 | 227,000 | -1,211,000 | -2,574,000 | 331,000 | 592,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -989,000 | -194,000 | 298,000 | 446,000 | -75,000 | -830,000 | 826,000 | -1,212,000 | 1,999,000 | -1,359,000 | 286,000 | 1,073,000 | |||
| Long term loans | -398,000 | -708,000 | -1,014,000 | -708,000 | 830,000 | 804,000 | -444,000 | 1,339,000 | 1,620,000 | -1,185,000 | -428,000 | -318,000 | 2,752,000 | ||
| Hire Purchase and Lease Commitments | -89,000 | -259,000 | -392,000 | -325,000 | 670,000 | 623,000 | -94,000 | 47,000 | 395,000 | -19,000 | -131,000 | -131,000 | 440,000 | -28,000 | 28,000 |
| other long term liabilities | -860,000 | -118,000 | 978,000 | ||||||||||||
| share issue | |||||||||||||||
| interest | 633,000 | 560,000 | -137,000 | -72,000 | 61,000 | 59,000 | -82,000 | -49,000 | -122,000 | -106,000 | -105,000 | -90,000 | -44,000 | -249,000 | -945,000 |
| cash flow from financing | -1,093,000 | -4,228,000 | -2,778,000 | 9,688,000 | -11,427,000 | -4,761,000 | -4,734,000 | 2,800,000 | -428,000 | -423,000 | -2,421,000 | 90,000 | 173,000 | -3,000 | 11,466,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 3,003,000 | -2,735,000 | -1,840,000 | 4,394,000 | -14,820,000 | 22,018,000 | -7,944,000 | 8,096,000 | -248,000 | 935,000 | -2,350,000 | 9,292,000 | 1,229,000 | -5,728,000 | 8,837,000 |
| overdraft | -817,000 | 71,000 | -53,000 | 799,000 | |||||||||||
| change in cash | 3,003,000 | -2,735,000 | -1,840,000 | 4,394,000 | -14,820,000 | 22,018,000 | -7,944,000 | 8,096,000 | -248,000 | 1,752,000 | -2,421,000 | 9,345,000 | 430,000 | -5,728,000 | 8,837,000 |
volvere plc Credit Report and Business Information
Volvere Plc Competitor Analysis
Perform a competitor analysis for volvere plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in CV31 area or any other competitors across 12 key performance metrics.
volvere plc Ownership
VOLVERE PLC group structure
Volvere Plc has 8 subsidiary companies.
Ultimate parent company
VOLVERE PLC
04478674
8 subsidiaries
volvere plc directors
Volvere Plc currently has 3 directors. The longest serving directors include Mr Nicholas Lander (Nov 2002) and Mr David Buchler (Nov 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Lander | 58 years | Nov 2002 | - | Director | |
| Mr David Buchler | 73 years | Nov 2003 | - | Director | |
| Mr Michael Tzirki | United Kingdom | 64 years | Sep 2023 | - | Director |
P&L
December 2023turnover
43m
+13%
operating profit
3m
+69%
gross margin
18.5%
+14.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
34.5m
+0.05%
total assets
45.4m
+0.03%
cash
22.1m
+0.16%
net assets
Total assets minus all liabilities
volvere plc company details
company number
04478674
Type
Public limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
July 2002
age
23
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
JAMES COWPER KRESTON AUDIT
address
shire house tachbrook road, leamington spa, warwickshire, CV31 3SF
Bank
BANK OF SCOTLAND
Legal Advisor
MARRIOT HARRISON LLP
volvere plc 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 1 charges/mortgages relating to volvere plc. Currently there are 0 open charges and 1 have been satisfied in the past.
volvere plc 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 VOLVERE PLC. This can take several minutes, an email will notify you when this has completed.
volvere plc Companies House Filings - See Documents
| date | description | view/download |
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