vacherin limited
vacherin limited Company Information
Company Number
04516461
Next Accounts
Sep 2025
Shareholders
ch & co catering group limited
Group Structure
View All
Industry
Other food service activities
Registered Address
550 thames valley park drive, reading, RG6 1PT
Website
www.vacherin.comvacherin limited Estimated Valuation
Pomanda estimates the enterprise value of VACHERIN LIMITED at £27.6m based on a Turnover of £35.5m and 0.78x industry multiple (adjusted for size and gross margin).
vacherin limited Estimated Valuation
Pomanda estimates the enterprise value of VACHERIN LIMITED at £13.6m based on an EBITDA of £1.9m and a 7.12x industry multiple (adjusted for size and gross margin).
vacherin limited Estimated Valuation
Pomanda estimates the enterprise value of VACHERIN LIMITED at £6.5m based on Net Assets of £2.3m and 2.78x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vacherin Limited Overview
Vacherin Limited is a live company located in reading, RG6 1PT with a Companies House number of 04516461. It operates in the other food services sector, SIC Code 56290. Founded in August 2002, it's largest shareholder is ch & co catering group limited with a 100% stake. Vacherin Limited is a mature, large sized company, Pomanda has estimated its turnover at £35.5m with high growth in recent years.
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Vacherin Limited Health Check
Pomanda's financial health check has awarded Vacherin Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £35.5m, make it larger than the average company (£3.8m)
£35.5m - Vacherin Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (10.6%)
20% - Vacherin Limited
10.6% - Industry AVG
Production
with a gross margin of 18.8%, this company has a higher cost of product (27.1%)
18.8% - Vacherin Limited
27.1% - Industry AVG
Profitability
an operating margin of 5.4% make it more profitable than the average company (2.9%)
5.4% - Vacherin Limited
2.9% - Industry AVG
Employees
with 628 employees, this is above the industry average (33)
628 - Vacherin Limited
33 - Industry AVG
Pay Structure
on an average salary of £26k, the company has an equivalent pay structure (£27.1k)
£26k - Vacherin Limited
£27.1k - Industry AVG
Efficiency
resulting in sales per employee of £56.5k, this is less efficient (£77.8k)
£56.5k - Vacherin Limited
£77.8k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (29 days)
53 days - Vacherin Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (35 days)
37 days - Vacherin Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (13 days)
0 days - Vacherin Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (19 weeks)
2 weeks - Vacherin Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.9%, this is a higher level of debt than the average (67.1%)
93.9% - Vacherin Limited
67.1% - Industry AVG
VACHERIN LIMITED financials
Vacherin Limited's latest turnover from December 2023 is £35.5 million and the company has net assets of £2.3 million. According to their latest financial statements, Vacherin Limited has 628 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 35,485,675 | 31,310,933 | 13,429,610 | 20,319,697 | 29,945,477 | 26,209,649 | 19,656,766 | 17,187,142 | 15,027,141 | 13,817,257 | 11,522,582 | 10,914,036 | 9,863,065 | 9,366,174 | 6,392,181 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 28,819,654 | 25,437,923 | 12,888,157 | 22,105,963 | 25,555,228 | 22,619,830 | 16,667,044 | 14,311,800 | 12,730,155 | 11,808,865 | 9,776,959 | 9,268,944 | 8,504,055 | 8,245,991 | 5,655,155 |
| Gross Profit | 6,666,021 | 5,873,010 | 541,453 | -1,786,266 | 4,390,249 | 3,589,819 | 2,989,722 | 2,875,342 | 2,296,986 | 2,008,392 | 1,745,623 | 1,645,092 | 1,359,010 | 1,120,183 | 737,026 |
| Admin Expenses | 4,758,724 | 4,550,689 | 1,570,529 | -1,493,385 | 3,604,186 | 2,974,619 | 2,520,098 | 2,204,396 | 1,632,365 | 1,369,930 | 1,241,816 | 1,177,671 | 1,167,363 | 1,049,444 | 723,045 |
| Operating Profit | 1,907,297 | 1,322,321 | -1,029,076 | -292,881 | 786,063 | 615,200 | 469,624 | 670,946 | 664,621 | 638,462 | 503,807 | 467,421 | 191,647 | 70,739 | 13,981 |
| Interest Payable | 21,477 | 26,290 | 687 | 532 | 1,914 | 2,420 | 2,901 | 278 | |||||||
| Interest Receivable | 29 | 38 | 107 | 937 | |||||||||||
| Pre-Tax Profit | 1,907,326 | 1,300,844 | -1,055,328 | -292,881 | 786,063 | 615,200 | 468,937 | 670,946 | 664,621 | 638,462 | 503,275 | 465,507 | 189,227 | 67,945 | 14,640 |
| Tax | -347,761 | -142,557 | 203,551 | -173,764 | -118,571 | -114,654 | -148,806 | -135,134 | -151,900 | -121,596 | -113,554 | -55,797 | -6,010 | -197 | |
| Profit After Tax | 1,559,565 | 1,158,287 | -851,777 | -292,881 | 612,299 | 496,629 | 354,283 | 522,140 | 529,487 | 486,562 | 381,679 | 351,953 | 133,430 | 61,935 | 14,443 |
| Dividends Paid | 451,220 | 341,463 | 341,463 | 813,659 | 512,195 | 365,854 | 240,000 | 80,000 | |||||||
| Retained Profit | 1,559,565 | 1,158,287 | -851,777 | -292,881 | 161,079 | 155,166 | 12,820 | -291,519 | 17,292 | 120,708 | 141,679 | 271,953 | 133,430 | 61,935 | 14,443 |
| Employee Costs | 16,339,008 | 15,780,172 | 9,419,947 | 18,956,264 | 17,202,579 | 14,504,045 | 11,346,469 | 9,520,613 | 8,312,201 | 7,238,697 | 6,085,139 | 5,831,789 | 4,878,527 | 5,197,807 | |
| Number Of Employees | 628 | 512 | 291 | 323 | 486 | 433 | 348 | 311 | 272 | 245 | 221 | 213 | 202 | 183 | |
| EBITDA* | 1,915,473 | 1,330,497 | -822,315 | -235,227 | 819,540 | 643,837 | 497,244 | 692,241 | 682,987 | 662,128 | 527,697 | 492,456 | 214,941 | 93,904 | 19,787 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,855 | 11,565 | 64,099 | 90,464 | 75,354 | 79,604 | 58,685 | 48,392 | 39,146 | 22,565 | 30,871 | 47,991 | 51,860 | 69,655 | 81,436 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 2,179 | 14,946 | 9,935 | ||||||||||||
| Debtors (Due After 1 year) | 17,250 | 17,250 | 17,250 | 17,250 | |||||||||||
| Total Fixed Assets | 27,034 | 26,511 | 74,034 | 90,464 | 75,354 | 79,604 | 58,685 | 48,392 | 39,146 | 22,565 | 30,871 | 65,241 | 69,110 | 86,905 | 98,686 |
| Stock & work in progress | 5,212 | 5,468 | 36,933 | 30,662 | 16,577 | 13,439 | 15,001 | 19,120 | 21,342 | 26,588 | 17,126 | 28,960 | 28,114 | ||
| Trade Debtors | 5,163,060 | 5,767,533 | 2,810,502 | 1,692,509 | 3,954,202 | 2,627,030 | 2,325,396 | 1,685,489 | 1,750,844 | 1,959,582 | 1,496,823 | 1,284,174 | 1,545,926 | 1,104,155 | 802,358 |
| Group Debtors | 31,378,023 | 30,208,051 | 9,385,537 | ||||||||||||
| Misc Debtors | 369,711 | 158,552 | 734,041 | 683,540 | 1,722,475 | 1,674,803 | 1,411,160 | 696,511 | 778,622 | 450,388 | 207,100 | 164,826 | 78,794 | 81,034 | 53,428 |
| Cash | 1,394,558 | 774,347 | 228,031 | 2,440,168 | 132,592 | 146,217 | 190,762 | 377,037 | 358,124 | 270,596 | 475,433 | 496,002 | 25,057 | 108,070 | 59,665 |
| misc current assets | |||||||||||||||
| total current assets | 38,310,564 | 36,913,951 | 13,158,111 | 4,816,217 | 5,846,202 | 4,478,712 | 3,943,895 | 2,772,476 | 2,902,591 | 2,699,686 | 2,200,698 | 1,971,590 | 1,666,903 | 1,322,219 | 943,565 |
| total assets | 38,337,598 | 36,940,462 | 13,232,145 | 4,906,681 | 5,921,556 | 4,558,316 | 4,002,580 | 2,820,868 | 2,941,737 | 2,722,251 | 2,231,569 | 2,036,831 | 1,736,013 | 1,409,124 | 1,042,251 |
| Bank overdraft | 116,102 | 25,000 | |||||||||||||
| Bank loan | 6,250 | 25,000 | |||||||||||||
| Trade Creditors | 2,958,952 | 2,759,717 | 1,613,908 | 348,093 | 2,965,968 | 2,189,608 | 1,986,812 | 1,152,287 | 1,166,845 | 1,031,923 | 891,866 | 756,684 | 885,063 | 706,804 | 584,554 |
| Group/Directors Accounts | 30,361,272 | 31,285,635 | 10,384,021 | 512,430 | 3,128 | 3,000 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,685,066 | 2,122,367 | 1,619,760 | 3,579,925 | 2,080,372 | 1,770,673 | 1,572,899 | 1,238,532 | 1,053,325 | 986,053 | 753,008 | 832,009 | 649,765 | 606,565 | 483,127 |
| total current liabilities | 36,005,290 | 36,167,719 | 13,617,689 | 4,440,448 | 5,162,442 | 3,960,281 | 3,559,711 | 2,390,819 | 2,220,170 | 2,017,976 | 1,648,002 | 1,594,943 | 1,559,828 | 1,341,369 | 1,067,681 |
| loans | 6,250 | 31,250 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 6,250 | 31,250 | |||||||||||||
| total liabilities | 36,005,290 | 36,167,719 | 13,617,689 | 4,440,448 | 5,162,442 | 3,960,281 | 3,559,711 | 2,390,819 | 2,220,170 | 2,017,976 | 1,648,002 | 1,594,943 | 1,566,078 | 1,372,619 | 1,067,681 |
| net assets | 2,332,308 | 772,743 | -385,544 | 466,233 | 759,114 | 598,035 | 442,869 | 430,049 | 721,567 | 704,275 | 583,567 | 441,888 | 169,935 | 36,505 | -25,430 |
| total shareholders funds | 2,332,308 | 772,743 | -385,544 | 466,233 | 759,114 | 598,035 | 442,869 | 430,049 | 721,567 | 704,275 | 583,567 | 441,888 | 169,935 | 36,505 | -25,430 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,907,297 | 1,322,321 | -1,029,076 | -292,881 | 786,063 | 615,200 | 469,624 | 670,946 | 664,621 | 638,462 | 503,807 | 467,421 | 191,647 | 70,739 | 13,981 |
| Depreciation | 8,176 | 8,176 | 206,761 | 57,654 | 33,477 | 28,637 | 27,620 | 21,295 | 18,366 | 23,666 | 23,890 | 25,035 | 23,294 | 23,165 | 5,806 |
| Amortisation | |||||||||||||||
| Tax | -347,761 | -142,557 | 203,551 | -173,764 | -118,571 | -114,654 | -148,806 | -135,134 | -151,900 | -121,596 | -113,554 | -55,797 | -6,010 | -197 | |
| Stock | -256 | 5,468 | -36,933 | 6,271 | 14,085 | 3,138 | -1,562 | -4,119 | -2,222 | -5,246 | 9,462 | -11,834 | 846 | 28,114 | |
| Debtors | 776,658 | 23,204,056 | 10,554,031 | -3,300,628 | 1,374,844 | 565,277 | 1,354,556 | -147,466 | 119,496 | 706,047 | 237,673 | -175,720 | 439,531 | 329,403 | 873,036 |
| Creditors | 199,235 | 1,145,809 | 1,265,815 | -2,617,875 | 776,360 | 202,796 | 834,525 | -14,558 | 134,922 | 140,057 | 135,182 | -128,379 | 178,259 | 122,250 | 584,554 |
| Accruals and Deferred Income | 562,699 | 502,607 | -1,960,165 | 1,499,553 | 309,699 | 197,774 | 334,367 | 185,207 | 67,272 | 233,045 | -79,001 | 182,244 | 43,200 | 123,438 | 483,127 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 1,553,244 | -20,373,168 | -11,867,145 | 1,984,012 | 350,720 | 346,474 | 193,788 | 863,112 | 634,670 | 179,505 | 229,855 | 599,025 | -47,094 | 3,333 | 186,121 |
| Investing Activities | |||||||||||||||
| capital expenditure | -29,227 | -49,556 | -37,913 | -30,541 | -34,946 | -15,360 | -6,770 | -21,166 | -5,499 | -11,384 | |||||
| Change in Investments | -12,767 | 5,011 | 9,935 | ||||||||||||
| cash flow from investments | -29,227 | -49,556 | -37,913 | -30,541 | -34,946 | -15,360 | -6,770 | -21,166 | -5,499 | -11,384 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | -6,250 | -18,750 | 25,000 | ||||||||||||
| Group/Directors Accounts | -924,363 | 20,901,614 | 9,871,591 | 512,430 | -3,128 | 3,128 | -3,000 | 3,000 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -6,250 | -25,000 | 31,250 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 29 | -21,477 | -26,252 | -687 | -532 | -1,914 | -2,420 | -2,794 | 659 | ||||||
| cash flow from financing | -924,334 | 20,880,137 | 9,845,339 | 512,430 | -687 | 1 | -3,128 | -3,654 | -26,914 | -5,420 | 31,456 | -39,214 | |||
| cash and cash equivalents | |||||||||||||||
| cash | 620,211 | 546,316 | -2,212,137 | 2,307,576 | -13,625 | -44,545 | -186,275 | 18,913 | 87,528 | -204,837 | -20,569 | 470,945 | -83,013 | 48,405 | 59,665 |
| overdraft | -116,102 | 116,102 | -25,000 | 25,000 | |||||||||||
| change in cash | 620,211 | 546,316 | -2,212,137 | 2,423,678 | -129,727 | -44,545 | -186,275 | 18,913 | 87,528 | -204,837 | -20,569 | 470,945 | -58,013 | 23,405 | 59,665 |
vacherin limited Credit Report and Business Information
Vacherin Limited Competitor Analysis
Perform a competitor analysis for vacherin limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in RG6 area or any other competitors across 12 key performance metrics.
vacherin limited Ownership
VACHERIN LIMITED group structure
Vacherin Limited has no subsidiary companies.
Ultimate parent company
2 parents
VACHERIN LIMITED
04516461
vacherin limited directors
Vacherin Limited currently has 3 directors. The longest serving directors include Mr Philip Roker (Oct 2009) and Mr Nicholas Thomas (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Roker | England | 58 years | Oct 2009 | - | Director |
| Mr Nicholas Thomas | 62 years | Feb 2020 | - | Director | |
| Mr William Toner | England | 66 years | Feb 2020 | - | Director |
P&L
December 2023turnover
35.5m
+13%
operating profit
1.9m
+44%
gross margin
18.8%
+0.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.3m
+2.02%
total assets
38.3m
+0.04%
cash
1.4m
+0.8%
net assets
Total assets minus all liabilities
Similar Companies
vacherin limited company details
company number
04516461
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
August 2002
age
23
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
EVELYN PARTNERS LLP
auditor
-
address
550 thames valley park drive, reading, RG6 1PT
Bank
COUTTS & CO
Legal Advisor
-
vacherin 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 5 charges/mortgages relating to vacherin limited. Currently there are 1 open charges and 4 have been satisfied in the past.
vacherin limited Capital Raised & Share Issues BETA
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vacherin limited Companies House Filings - See Documents
| date | description | view/download |
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