Pomanda estimates the enterprise value of VSTECHNOLOGY LIMITED at £8.9m based on a Turnover of £10.8m and 0.83x industry multiple (adjusted for size and gross margin).
vstechnology limitedEstimated Valuation
£2m
Pomanda estimates the enterprise value of VSTECHNOLOGY LIMITED at £2m based on an EBITDA of £427.3k and a 4.67x industry multiple (adjusted for size and gross margin).
vstechnology limitedEstimated Valuation
£104.9m
Pomanda estimates the enterprise value of VSTECHNOLOGY LIMITED at £104.9m based on Net Assets of £55.8m and 1.88x industry multiple (adjusted for liquidity).
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Vstechnology LimitedOverview
Vstechnology Limited is a live company located in london, WC1V 6EA with a Companies House number of 04908131. It operates in the ready-made interactive leisure and entertainment software development sector, SIC Code 62011. Founded in September 2003, it's largest shareholder is
playtech plc
with a 100% stake. Vstechnology Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£10.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Vstechnology Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £10.8m, make it larger than the average company (£8.2m)
£10.8m - Vstechnology Limited
£8.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (15.7%)
51% - Vstechnology Limited
15.7% - Industry AVG
Production
with a gross margin of 55.9%, this company has a comparable cost of product (55.9%)
55.9% - Vstechnology Limited
55.9% - Industry AVG
Profitability
an operating margin of 4% make it as profitable than the average company (4.1%)
4% - Vstechnology Limited
4.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (50)
2 - Vstechnology Limited
50 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Vstechnology Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £5.4m, this is more efficient (£161.6k)
£5.4m - Vstechnology Limited
£161.6k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (41 days)
86 days - Vstechnology Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (23 days)
66 days - Vstechnology Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Vstechnology Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Vstechnology Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.2%, this is a higher level of debt than the average (48.6%)
59.2% - Vstechnology Limited
48.6% - Industry AVG
VSTECHNOLOGY LIMITED financials
EXPORT
Vstechnology Limited's latest turnover from December 2023 is £10.8 million and the company has net assets of £55.8 million. According to their latest financial statements, Vstechnology Limited has 2 employees and maintains cash reserves of £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
10,761,148
11,296,388
8,427,591
3,145,153
735,576
1,746,528
2,412,133
4,076,699
4,433,327
3,986,026
1,105,659
Other Income Or Grants
Cost Of Sales
4,745,976
5,667,690
4,340,172
1,606,321
246,047
436,372
604,046
902,930
1,143,986
948,779
86,976
Gross Profit
6,015,172
5,628,699
4,087,419
1,538,832
489,529
1,310,156
1,808,087
3,173,769
3,289,341
3,037,247
1,018,683
Admin Expenses
5,587,888
5,181,111
3,750,314
1,382,631
1,091,902
556,330
1,333,130
1,633,001
1,817,500
3,289,341
1,229,984
841,773
Operating Profit
427,284
447,588
337,105
156,201
-1,091,902
-66,801
-22,974
175,086
1,356,269
1,807,263
176,910
Interest Payable
1,888,311
242,924
1,034,267
4,238,378
400
Interest Receivable
1,395,161
203,707
1
13
9
Pre-Tax Profit
-15,308,328
-9,385,319
92,882,949
-4,082,177
-1,091,901
-66,801
-22,974
45,296
1,468,636
1,569,728
1,807,276
1,787,440
Tax
-100,685
-757,990
6,658
94,264
-433,178
-452,002
-528,074
-498,306
Profit After Tax
-15,409,014
-10,143,309
92,882,949
-4,082,177
-1,091,901
-66,801
-16,316
139,560
1,035,458
1,117,726
1,279,202
1,289,134
Dividends Paid
3,835,928
Retained Profit
-15,409,014
-10,143,309
92,882,949
-4,082,177
-1,091,901
-66,801
-16,316
139,560
-2,800,470
1,117,726
1,279,202
1,289,134
Employee Costs
417,262
1,159,222
1,611,583
1,455,837
1,435,076
957,258
435,237
Number Of Employees
2
74
1
25
20
27
30
32
28
23
22
EBITDA*
427,284
447,588
337,105
156,201
-1,091,902
-47,421
-7,959
181,006
1,362,166
9,458
1,821,649
184,936
* 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
117,818,374
22,063,366
27,555
36,203
32,349
4,374
10,271
19,729
31,507
Intangible Assets
Investments & Other
82,920,523
97,374,970
117,818,374
22,063,365
Debtors (Due After 1 year)
49,197,260
1,783,352
Total Fixed Assets
132,117,783
99,158,322
117,818,374
22,063,365
27,555
36,203
32,349
4,374
10,271
19,729
31,507
Stock & work in progress
Trade Debtors
2,550,286
3,934,865
1,729,976
1,855,151
24,901
131,487
290,113
538,601
917,966
753,450
304,511
Group Debtors
1,033,546
2,803,411
3,576,673
1,885
1,838,843
1,573,050
1,248,011
261,441
3,553,590
2,870,214
2,057,000
Misc Debtors
25,079
1,893,129
191,166
372
37,171
168,110
237,181
200,868
197,846
135,896
82,654
Cash
1,044,024
1,891,716
827,092
1,563,598
639
19,129
9,998
2,454,437
15,763
9,700
36,986
misc current assets
total current assets
4,652,936
10,523,122
6,343,111
3,421,008
1,901,554
1,891,776
1,785,303
3,455,347
4,685,165
3,769,260
2,481,151
total assets
136,770,719
109,681,444
124,161,485
25,484,373
1,929,109
1,927,979
1,817,652
3,459,721
4,695,436
3,788,989
2,512,658
Bank overdraft
Bank loan
Trade Creditors
866,672
716,323
1,556,445
356,107
5,853
46,000
78,686
24,597
29,196
29,929
Group/Directors Accounts
80,109,733
38,333,386
1
1
324,790
1,897,085
194,165
347,295
446,561
other short term finances
hp & lease commitments
other current liabilities
32,943,134
24,970,902
738,618
664,834
173,254
358,242
552,009
670,009
596,168
total current liabilities
80,976,404
39,049,709
34,499,580
25,327,010
738,618
670,687
544,044
2,334,013
770,771
1,046,500
1,072,658
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
859,970
4,238,377
provisions
total long term liabilities
859,970
4,238,377
total liabilities
80,976,404
39,049,709
35,359,550
29,565,387
738,618
670,687
544,044
2,334,013
770,771
1,046,500
1,072,658
net assets
55,794,314
70,631,735
88,801,935
-4,081,014
1,190,491
1,257,292
1,273,608
1,125,708
3,924,665
2,742,489
1,440,000
total shareholders funds
55,794,314
70,631,735
88,801,935
-4,081,014
1,190,491
1,257,292
1,273,608
1,125,708
3,924,665
2,742,489
1,440,000
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
427,284
447,588
337,105
156,201
-1,091,902
-66,801
-22,974
175,086
1,356,269
1,807,263
176,910
Depreciation
19,380
15,015
5,920
5,897
9,458
14,386
8,026
Amortisation
Tax
-100,685
-757,990
6,658
94,264
-433,178
-452,002
-528,074
-498,306
Stock
Debtors
42,391,415
4,916,941
3,640,407
1,857,409
-1,900,915
28,268
97,342
774,395
-3,668,492
909,842
1,315,395
2,444,165
Creditors
150,348
-840,122
1,200,338
356,107
-5,853
-40,147
-32,686
54,089
-4,599
-733
29,929
Accruals and Deferred Income
-32,943,134
7,972,232
24,970,902
-738,618
73,784
491,580
-184,988
-193,767
-118,000
73,841
596,168
Deferred Taxes & Provisions
Cash flow from operations
-41,914,468
-39,010,599
5,869,268
23,625,801
70,395
-7,758
352,790
-716,799
4,457,802
-1,474,985
51,288
-2,131,438
Investing Activities
capital expenditure
117,818,374
-95,755,008
-22,063,366
27,555
-10,732
-18,869
-33,895
-2,608
-39,533
Change in Investments
-14,454,448
-20,443,404
95,755,009
22,063,365
cash flow from investments
14,454,448
138,261,778
-191,510,017
-44,126,731
27,555
-10,732
-18,869
-33,895
-2,608
-39,533
Financing Activities
Bank loans
Group/Directors Accounts
41,776,347
38,333,385
1
-324,790
-1,572,295
1,702,920
-153,130
-99,266
446,561
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-859,970
-3,378,407
4,238,377
share issue
571,593
-8,026,891
1,163
-98,590
8,340
1,513
64,450
23,287
150,866
interest
-493,150
-39,217
-1,034,267
-4,238,378
1
13
-391
cash flow from financing
41,854,790
29,407,307
-4,412,674
1,163
-98,589
-324,790
-1,563,955
1,704,433
-88,680
-75,966
597,036
cash and cash equivalents
cash
-847,693
1,064,624
-736,506
1,563,598
-639
-18,490
9,131
-2,444,439
2,438,674
6,063
-27,286
36,986
overdraft
change in cash
-847,693
1,064,624
-736,506
1,563,598
-639
-18,490
9,131
-2,444,439
2,438,674
6,063
-27,286
36,986
vstechnology 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 vstechnology limited. Get real-time insights into vstechnology limited's credit score, group structure and payment trends.
Perform a competitor analysis for vstechnology limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in WC1V area or any other competitors across 12 key performance metrics.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
55.8m
-0.21%
total assets
136.8m
+0.25%
cash
1m
-0.45%
net assets
Total assets minus all liabilities
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vstechnology limited company details
company number
04908131
Type
Private limited with Share Capital
industry
62011 - Ready-made interactive leisure and entertainment software development
incorporation date
September 2003
age
22
incorporated
UK
ultimate parent company
PLAYTECH PLC
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
midcity place 71 high holborn, london, WC1V 6EA
Bank
-
Legal Advisor
-
vstechnology 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 1 charges/mortgages relating to vstechnology limited. Currently there are 0 open charges and 1 have been satisfied in the past.
vstechnology 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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vstechnology limitedCompanies House Filings - See Documents
