Pomanda estimates the enterprise value of VARLINK LIMITED at £4.9m based on a Turnover of £14.5m and 0.34x industry multiple (adjusted for size and gross margin).
varlink limitedEstimated Valuation
£1.7m
Pomanda estimates the enterprise value of VARLINK LIMITED at £1.7m based on an EBITDA of £353.2k and a 4.72x industry multiple (adjusted for size and gross margin).
varlink limitedEstimated Valuation
£2.4m
Pomanda estimates the enterprise value of VARLINK LIMITED at £2.4m based on Net Assets of £1.4m and 1.72x industry multiple (adjusted for liquidity).
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Varlink LimitedOverview
Varlink Limited is a live company located in york, YO19 5UX with a Companies House number of 05529310. It operates in the wholesale of computers, computer peripheral equipment and software sector, SIC Code 46510. Founded in August 2005, it's largest shareholder is
poindus systems corp.
with a 100% stake. Varlink Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£14.5m with
declining
growth in recent years.
Pomanda's financial health check has awarded Varlink Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
1 Strong
5 Regular
6 Weak
Size
annual sales of £14.5m, make it smaller than the average company (£20.5m)
£14.5m - Varlink Limited
£20.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (8.4%)
-3% - Varlink Limited
8.4% - Industry AVG
Production
with a gross margin of 19.3%, this company has a comparable cost of product (19.3%)
19.3% - Varlink Limited
19.3% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (3.2%)
2.4% - Varlink Limited
3.2% - Industry AVG
Employees
with 27 employees, this is below the industry average (49)
27 - Varlink Limited
49 - Industry AVG
Pay Structure
on an average salary of £62.7k, the company has an equivalent pay structure (£62.7k)
£62.7k - Varlink Limited
£62.7k - Industry AVG
Efficiency
resulting in sales per employee of £537.6k, this is equally as efficient (£572.2k)
£537.6k - Varlink Limited
£572.2k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is near the average (46 days)
45 days - Varlink Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (29 days)
37 days - Varlink Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 48 days, this is more than average (25 days)
48 days - Varlink Limited
25 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Varlink Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.5%, this is a similar level of debt than the average (61.5%)
63.5% - Varlink Limited
61.5% - Industry AVG
VARLINK LIMITED financials
EXPORT
Varlink Limited's latest turnover from December 2023 is estimated at £14.5 million and the company has net assets of £1.4 million. According to their latest financial statements, Varlink Limited has 27 employees and maintains cash reserves of £39 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
14,514,275
18,370,132
15,386,749
15,969,853
14,784,287
13,122,020
14,511,029
16,310,612
11,565,479
11,902,813
10,403,606
18,315,030
16,160,085
12,669,178
Other Income Or Grants
Cost Of Sales
11,709,826
14,892,726
12,700,175
13,032,781
12,290,581
11,094,358
11,978,944
13,917,011
9,789,625
10,219,264
9,007,839
15,422,911
13,496,481
10,380,066
Gross Profit
2,804,449
3,477,406
2,686,575
2,937,072
2,493,706
2,027,662
2,532,085
2,393,601
1,775,854
1,683,549
1,395,767
2,892,118
2,663,604
2,289,112
Admin Expenses
2,460,227
3,308,737
2,103,883
2,795,166
2,412,706
2,043,001
2,434,253
2,299,163
1,462,731
1,395,920
1,254,566
2,799,598
2,474,512
2,123,612
45,337
Operating Profit
344,222
168,669
582,692
141,906
81,000
-15,339
97,832
94,438
313,123
287,629
141,201
92,520
189,092
165,500
-45,337
Interest Payable
176,140
173,952
90,774
83,395
72,710
78,446
85,089
92,554
51,413
44,574
39,871
Interest Receivable
12,789
8,972
331
100
89
592
229
172
752
567
2,888
409
602
725
292
Pre-Tax Profit
180,871
3,690
492,249
58,611
8,378
-93,193
12,973
2,056
262,462
243,622
104,218
92,929
189,695
166,225
-45,045
Tax
-45,218
-701
-93,527
-11,136
-1,592
-2,465
-411
-54,140
-53,581
-23,900
-22,303
-49,321
-46,543
Profit After Tax
135,653
2,989
398,722
47,475
6,786
-93,193
10,508
1,645
208,322
190,041
80,318
70,626
140,374
119,682
-45,045
Dividends Paid
5,897
Retained Profit
135,653
2,989
398,722
47,475
6,786
-93,193
10,508
1,645
208,322
184,144
80,318
70,626
140,374
119,682
-45,045
Employee Costs
1,692,827
1,599,299
1,475,112
1,265,312
1,420,661
1,480,384
1,516,353
1,770,607
1,015,329
862,243
849,398
1,568,330
1,344,610
1,040,673
Number Of Employees
27
27
26
23
26
27
29
34
34
34
32
37
31
26
EBITDA*
353,183
175,667
587,626
147,005
90,656
-8,327
115,533
109,438
333,005
321,686
168,909
119,757
214,780
179,177
-35,951
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
12,619
18,084
16,345
3,283
5,957
15,613
16,710
33,558
15,597
18,555
42,952
61,489
52,755
38,994
26,183
Intangible Assets
54,095
Investments & Other
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
Debtors (Due After 1 year)
Total Fixed Assets
66,715
18,085
16,346
3,284
5,958
15,614
16,711
33,559
15,598
18,556
42,953
61,490
52,756
38,995
26,184
Stock & work in progress
1,559,260
2,028,376
2,423,533
1,841,577
1,780,952
1,467,271
1,506,740
1,809,353
1,657,102
1,495,754
1,585,430
1,106,479
1,315,875
879,632
520,708
Trade Debtors
1,823,486
2,602,097
2,160,156
2,298,941
1,747,298
1,515,676
2,148,789
1,788,632
2,439,969
1,815,626
1,744,230
1,934,062
1,673,593
1,663,050
851,371
Group Debtors
Misc Debtors
367,502
1,124,192
312,842
568,094
406,178
411,287
374,021
402,977
54,544
170,790
43,003
Cash
39,012
448,183
64,530
200,387
28
23,594
134,258
49,337
88,426
59,889
55,128
95,930
67,480
173,408
116,707
misc current assets
total current assets
3,789,260
6,202,848
4,961,061
4,908,999
3,934,456
3,417,828
4,163,808
4,050,299
4,240,041
3,542,059
3,427,791
3,136,471
3,056,948
2,716,090
1,488,786
total assets
3,855,975
6,220,933
4,977,407
4,912,283
3,940,414
3,433,442
4,180,519
4,083,858
4,255,639
3,560,615
3,470,744
3,197,961
3,109,704
2,755,085
1,514,970
Bank overdraft
1,482,048
1,422,719
1,311,554
842,829
1,481,505
1,241,331
1,720,403
1,167,058
1,043,663
Bank loan
Trade Creditors
1,192,805
2,116,267
1,170,767
1,741,366
1,368,702
1,270,812
1,406,530
1,507,848
1,023,915
1,164,098
1,512,624
2,764,955
2,380,693
2,118,448
950,015
Group/Directors Accounts
other short term finances
951,286
2,180,092
hp & lease commitments
other current liabilities
300,032
651,221
1,046,859
794,187
428,622
493,551
364,977
404,248
605,531
531,991
401,133
total current liabilities
2,444,123
4,947,580
3,699,674
3,958,272
3,108,878
2,607,192
3,253,012
3,153,427
3,349,849
2,863,147
2,957,420
2,764,955
2,380,693
2,118,448
950,015
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
75,000
8,164
18,846
374,000
422,000
470,000
provisions
2,846
1,500
1,400
4,150
total long term liabilities
2,846
75,000
1,500
9,564
22,996
374,000
422,000
470,000
total liabilities
2,446,969
4,947,580
3,699,674
4,033,272
3,108,878
2,608,692
3,262,576
3,176,423
3,349,849
2,863,147
2,957,420
2,764,955
2,754,693
2,540,448
1,420,015
net assets
1,409,006
1,273,353
1,277,733
879,011
831,536
824,750
917,943
907,435
905,790
697,468
513,324
433,006
355,011
214,637
94,955
total shareholders funds
1,409,006
1,273,353
1,277,733
879,011
831,536
824,750
917,943
907,435
905,790
697,468
513,324
433,006
355,011
214,637
94,955
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
344,222
168,669
582,692
141,906
81,000
-15,339
97,832
94,438
313,123
287,629
141,201
92,520
189,092
165,500
-45,337
Depreciation
8,961
6,998
4,934
5,099
9,656
7,012
17,701
15,000
19,882
34,057
27,708
27,237
25,688
13,677
9,386
Amortisation
Tax
-45,218
-701
-93,527
-11,136
-1,592
-2,465
-411
-54,140
-53,581
-23,900
-22,303
-49,321
-46,543
Stock
-469,116
-395,157
581,956
60,625
313,681
-39,469
-302,613
152,251
161,348
-89,676
478,951
-209,396
436,243
358,924
520,708
Debtors
-1,535,301
1,253,291
-394,037
713,559
226,513
-595,847
331,201
-302,904
508,097
199,183
-146,829
260,469
10,543
811,679
851,371
Creditors
-923,462
945,500
-570,599
372,664
97,890
-135,718
-101,318
483,933
-140,183
-348,526
-1,252,331
384,262
262,245
1,168,433
950,015
Accruals and Deferred Income
-351,189
-395,638
252,672
365,565
-64,929
128,574
-39,271
-201,283
73,540
130,858
401,133
Deferred Taxes & Provisions
2,846
-1,500
100
-2,750
4,150
Cash flow from operations
1,040,577
-133,306
-11,747
99,914
-419,669
619,945
-58,859
546,480
-457,223
-59,070
-1,038,311
430,643
-19,082
130,464
-458,015
Investing Activities
capital expenditure
-57,591
-8,737
-17,996
-2,425
-5,915
-853
-32,961
-16,924
-9,660
-9,171
-35,971
-39,449
-26,488
-35,569
Change in Investments
1
cash flow from investments
-57,591
-8,737
-17,996
-2,425
-5,915
-853
-32,961
-16,924
-9,660
-9,171
-35,971
-39,449
-26,488
-35,570
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-1,228,806
2,180,092
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-75,000
75,000
-8,164
-10,682
18,846
-374,000
-48,000
-48,000
470,000
share issue
-7,369
7,369
140,000
interest
-163,351
-164,980
-90,443
-83,295
-72,621
-77,854
-84,860
-92,382
-50,661
-44,007
-36,983
409
602
725
292
cash flow from financing
-1,392,157
2,007,743
-165,443
-8,295
-72,621
-86,018
-95,542
-73,536
-50,661
-44,007
-36,983
-366,222
-47,398
-47,275
610,292
cash and cash equivalents
cash
-409,171
383,653
-135,857
200,359
-23,566
-110,664
84,921
-39,089
28,537
4,761
-40,802
28,450
-105,928
56,701
116,707
overdraft
-1,482,048
59,329
111,165
468,725
-638,676
240,174
-479,072
553,345
123,395
1,043,663
change in cash
-409,171
1,865,701
-195,186
89,194
-492,291
528,012
-155,253
439,983
-524,808
-118,634
-1,084,465
28,450
-105,928
56,701
116,707
varlink 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 varlink limited. Get real-time insights into varlink limited's credit score, group structure and payment trends.
Perform a competitor analysis for varlink limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in YO19 area or any other competitors across 12 key performance metrics.
46510 - Wholesale of computers, computer peripheral equipment and software
incorporation date
August 2005
age
20
incorporated
UK
ultimate parent company
FLYTECH TECHNOLOGY CO LTD
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
CLIVE OWEN LLP
auditor
-
address
unit 1 osbaldwick industrial, estate, outgang lane, york, north yorkshire, YO19 5UX
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
varlink 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 varlink limited. Currently there are 1 open charges and 0 have been satisfied in the past.
varlink 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 VARLINK LIMITED. This can take several minutes, an email will notify you when this has completed.
varlink limitedCompanies House Filings - See Documents
