v.i.t. legal limited
v.i.t. legal limited Company Information
Company Number
04632720
Next Accounts
Jan 2025
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Directors
Shareholders
jefferson russell spencer & melanie spencer & vit legal international ltd
Group Structure
View All
Contact
Registered Address
kemp house 152 city road, london, EC1V 2NX
Website
www.vitlegal.comv.i.t. legal limited Estimated Valuation
Pomanda estimates the enterprise value of V.I.T. LEGAL LIMITED at £122.7k based on a Turnover of £986.3k and 0.12x industry multiple (adjusted for size and gross margin).
v.i.t. legal limited Estimated Valuation
Pomanda estimates the enterprise value of V.I.T. LEGAL LIMITED at £71.4k based on an EBITDA of £35.8k and a 1.99x industry multiple (adjusted for size and gross margin).
v.i.t. legal limited Estimated Valuation
Pomanda estimates the enterprise value of V.I.T. LEGAL LIMITED at £478.8k based on Net Assets of £304k and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
V.i.t. Legal Limited Overview
V.i.t. Legal Limited is a dissolved company that was located in london, EC1V 2NX with a Companies House number of 04632720. It operated in the other activities of employment placement agencies sector, SIC Code 78109. Founded in January 2003, it's largest shareholder was jefferson russell spencer & melanie spencer & vit legal international ltd with a 100% stake. The last turnover for V.i.t. Legal Limited was estimated at £986.3k.
Upgrade for unlimited company reports & a free credit check
V.i.t. Legal Limited Health Check
Pomanda's financial health check has awarded V.I.T. Legal Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £986.3k, make it smaller than the average company (£4.3m)
- V.i.t. Legal Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (3.1%)
- V.i.t. Legal Limited
3.1% - Industry AVG
Production
with a gross margin of 13.1%, this company has a higher cost of product (23.6%)
- V.i.t. Legal Limited
23.6% - Industry AVG
Profitability
an operating margin of 3.6% make it more profitable than the average company (2.9%)
- V.i.t. Legal Limited
2.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (34)
- V.i.t. Legal Limited
34 - Industry AVG
Pay Structure
on an average salary of £45.2k, the company has an equivalent pay structure (£45.2k)
- V.i.t. Legal Limited
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £328.8k, this is more efficient (£186.4k)
- V.i.t. Legal Limited
£186.4k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (51 days)
- V.i.t. Legal Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (10 days)
- V.i.t. Legal Limited
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- V.i.t. Legal Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - V.i.t. Legal Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.6%, this is a lower level of debt than the average (71.6%)
1.6% - V.i.t. Legal Limited
71.6% - Industry AVG
V.I.T. LEGAL LIMITED financials
V.I.T. Legal Limited's latest turnover from January 2019 is estimated at £986.3 thousand and the company has net assets of £304 thousand. According to their latest financial statements, we estimate that V.I.T. Legal Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 18,000 | 21,338 | 29,195 | 30,324 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 20,002 | 20,002 | 20,002 | 20,000 | 20,000 | 20,000 | 18,000 | 21,338 | 29,195 | 30,324 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 289,000 | 256,000 | 256,000 | 56,000 | 68,000 | 66,000 | 55,000 | 118,280 | 138,500 | 113,467 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 180,000 | 101,000 | 145,000 | 105,000 | 5,950 | 3,496 | 3,750 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 289,000 | 256,000 | 256,000 | 236,000 | 169,000 | 211,000 | 160,000 | 124,230 | 141,996 | 117,217 |
| total assets | 309,002 | 276,002 | 276,002 | 256,000 | 189,000 | 231,000 | 178,000 | 145,568 | 171,191 | 147,541 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,000 | 1,000 | 3,500 | 7,000 | 4,000 | 6,000 | 8,000 | 26,817 | 58,581 | 40,117 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 5,000 | 1,000 | 3,500 | 7,000 | 4,000 | 6,000 | 8,000 | 26,817 | 58,581 | 40,117 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 4,000 | 12,000 | 12,433 | 26,397 | 32,871 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 4,000 | 12,000 | 12,433 | 26,397 | 32,871 |
| total liabilities | 5,000 | 1,000 | 3,500 | 7,000 | 4,000 | 10,000 | 20,000 | 39,250 | 84,978 | 72,988 |
| net assets | 304,002 | 275,002 | 272,502 | 249,000 | 185,000 | 221,000 | 158,000 | 106,318 | 86,213 | 74,553 |
| total shareholders funds | 304,002 | 275,002 | 272,502 | 249,000 | 185,000 | 221,000 | 158,000 | 106,318 | 86,213 | 74,553 |
| Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 3,338 | 7,857 | 2,139 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 33,000 | 0 | 200,000 | -12,000 | 2,000 | 11,000 | -63,280 | -20,220 | 25,033 | 113,467 |
| Creditors | 4,000 | -2,500 | -3,500 | 3,000 | -2,000 | -2,000 | -18,817 | -31,764 | 18,464 | 40,117 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -4,000 | -8,000 | -433 | -13,964 | -6,474 | 32,871 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | -180,000 | 79,000 | -44,000 | 40,000 | 99,050 | 2,454 | -254 | 3,750 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -180,000 | 79,000 | -44,000 | 40,000 | 99,050 | 2,454 | -254 | 3,750 |
v.i.t. legal limited Credit Report and Business Information
V.i.t. Legal Limited Competitor Analysis
Perform a competitor analysis for v.i.t. legal limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in EC1V area or any other competitors across 12 key performance metrics.
v.i.t. legal limited Ownership
V.I.T. LEGAL LIMITED group structure
V.I.T. Legal Limited has no subsidiary companies.
Ultimate parent company
V.I.T. LEGAL LIMITED
04632720
v.i.t. legal limited directors
V.I.T. Legal Limited currently has 1 director, Mrs Melanie Spencer serving since Jan 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Melanie Spencer | England | 53 years | Jan 2003 | - | Director |
P&L
January 2019turnover
986.3k
+11%
operating profit
35.8k
0%
gross margin
13.1%
-3.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2019net assets
304k
+0.11%
total assets
309k
+0.12%
cash
0
0%
net assets
Total assets minus all liabilities
v.i.t. legal limited company details
company number
04632720
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
January 2003
age
22
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2019
previous names
N/A
accountant
-
auditor
-
address
kemp house 152 city road, london, EC1V 2NX
Bank
-
Legal Advisor
-
v.i.t. legal 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 did not find charges/mortgages relating to v.i.t. legal limited.
v.i.t. legal 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.
Click to start generating capital raising & share issue transactions for V.I.T. LEGAL LIMITED. This can take several minutes, an email will notify you when this has completed.
v.i.t. legal limited Companies House Filings - See Documents
| date | description | view/download |
|---|
