vernet solutions ltd
vernet solutions ltd Company Information
Company Number
05555729
Next Accounts
Dec 2024
Industry
Management consultancy activities (other than financial management)
Shareholders
alan smith
sharon patricia smith
Group Structure
View All
Contact
Registered Address
international house nile street, london, N1 7SR
Website
www.vernetsolutions.co.ukvernet solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of VERNET SOLUTIONS LTD at £13.3k based on a Turnover of £28.6k and 0.46x industry multiple (adjusted for size and gross margin).
vernet solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of VERNET SOLUTIONS LTD at £0 based on an EBITDA of £-3k and a 3.31x industry multiple (adjusted for size and gross margin).
vernet solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of VERNET SOLUTIONS LTD at £11.4k based on Net Assets of £4.4k and 2.58x industry multiple (adjusted for liquidity).
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Vernet Solutions Ltd Overview
Vernet Solutions Ltd is a dissolved company that was located in london, N1 7SR with a Companies House number of 05555729. It operated in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in September 2005, it's largest shareholder was alan smith with a 50% stake. The last turnover for Vernet Solutions Ltd was estimated at £28.6k.
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Vernet Solutions Ltd Health Check
Pomanda's financial health check has awarded Vernet Solutions Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £28.6k, make it smaller than the average company (£293.4k)
- Vernet Solutions Ltd
£293.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (7.1%)
- Vernet Solutions Ltd
7.1% - Industry AVG
Production
with a gross margin of 24.7%, this company has a higher cost of product (55.4%)
- Vernet Solutions Ltd
55.4% - Industry AVG
Profitability
an operating margin of -10.4% make it less profitable than the average company (8.4%)
- Vernet Solutions Ltd
8.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Vernet Solutions Ltd
4 - Industry AVG
Pay Structure
on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)
- Vernet Solutions Ltd
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £28.6k, this is less efficient (£110.1k)
- Vernet Solutions Ltd
£110.1k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (70 days)
- Vernet Solutions Ltd
70 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (27 days)
- Vernet Solutions Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vernet Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Vernet Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.6%, this is a lower level of debt than the average (56%)
42.6% - Vernet Solutions Ltd
56% - Industry AVG
VERNET SOLUTIONS LTD financials
Vernet Solutions Ltd's latest turnover from September 2023 is estimated at £28.6 thousand and the company has net assets of £4.4 thousand. According to their latest financial statements, Vernet Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 2 | 2 | 2 | 2 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 405 | 528 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 405 | 528 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,677 | 11,186 | 17,135 | 13,982 | 15,204 | 15,556 | 18,515 | 2,394 | 3,269 | 1,968 | 1,259 | 1,040 | 2,285 | 1,345 | 3,496 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,978 | 16,772 | 18,621 | 11,125 | 7,552 | 5,121 | 10,944 | 8,315 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,677 | 11,186 | 17,135 | 13,982 | 15,204 | 15,556 | 18,515 | 16,372 | 20,041 | 20,589 | 12,384 | 8,592 | 7,406 | 12,289 | 11,811 |
| total assets | 7,677 | 11,186 | 17,135 | 13,982 | 15,204 | 15,556 | 18,515 | 16,372 | 20,041 | 20,994 | 12,912 | 8,592 | 7,406 | 12,289 | 11,811 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,270 | 3,796 | 10,765 | 7,152 | 3,204 | 8,873 | 8,452 | 9,069 | 17,773 | 20,631 | 12,670 | 8,403 | 4,776 | 7,724 | 8,859 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,270 | 3,796 | 10,765 | 7,152 | 3,204 | 8,873 | 8,452 | 9,069 | 17,773 | 20,631 | 12,670 | 8,403 | 4,776 | 7,724 | 8,859 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 912 | 912 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 912 | 912 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,270 | 3,796 | 10,765 | 7,152 | 4,116 | 9,785 | 8,452 | 9,069 | 17,773 | 20,631 | 12,670 | 8,403 | 4,776 | 7,724 | 8,859 |
| net assets | 4,407 | 7,390 | 6,370 | 6,830 | 11,088 | 5,771 | 10,063 | 7,303 | 2,268 | 363 | 242 | 189 | 2,630 | 4,565 | 2,952 |
| total shareholders funds | 4,407 | 7,390 | 6,370 | 6,830 | 11,088 | 5,771 | 10,063 | 7,303 | 2,268 | 363 | 242 | 189 | 2,630 | 4,565 | 2,952 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 405 | 123 | 663 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,509 | -5,949 | 3,153 | -1,222 | -352 | -2,959 | 16,121 | -875 | 1,301 | 709 | 219 | -1,245 | 940 | -2,151 | 3,496 |
| Creditors | -526 | -6,969 | 3,613 | 3,948 | -5,669 | 421 | -617 | -8,704 | -2,858 | 7,961 | 4,267 | 3,627 | -2,948 | -1,135 | 8,859 |
| Accruals and Deferred Income | 0 | 0 | 0 | -912 | 0 | 912 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -13,978 | -2,794 | -1,849 | 7,496 | 3,573 | 2,431 | -5,823 | 2,629 | 8,315 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -13,978 | -2,794 | -1,849 | 7,496 | 3,573 | 2,431 | -5,823 | 2,629 | 8,315 |
vernet solutions ltd Credit Report and Business Information
Vernet Solutions Ltd Competitor Analysis
Perform a competitor analysis for vernet solutions ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in N 1 area or any other competitors across 12 key performance metrics.
vernet solutions ltd Ownership
VERNET SOLUTIONS LTD group structure
Vernet Solutions Ltd has no subsidiary companies.
Ultimate parent company
VERNET SOLUTIONS LTD
05555729
vernet solutions ltd directors
Vernet Solutions Ltd currently has 2 directors. The longest serving directors include Mrs Sharon Smith (Sep 2005) and Mr Alan Smith (Sep 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sharon Smith | United Kingdom | 59 years | Sep 2005 | - | Director |
| Mr Alan Smith | England | 68 years | Sep 2005 | - | Director |
P&L
September 2023turnover
28.6k
+42%
operating profit
-3k
0%
gross margin
24.8%
+0.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
4.4k
-0.4%
total assets
7.7k
-0.31%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
vernet solutions ltd company details
company number
05555729
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
September 2005
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
international house nile street, london, N1 7SR
Bank
-
Legal Advisor
-
vernet solutions ltd 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 vernet solutions ltd.
vernet solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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