vbites ventures limited
vbites ventures limited Company Information
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
44 grand parade, brighton, BN2 9QA
Website
www.careinspectorate.comvbites ventures limited Estimated Valuation
Pomanda estimates the enterprise value of VBITES VENTURES LIMITED at £434k based on a Turnover of £404k and 1.07x industry multiple (adjusted for size and gross margin).
vbites ventures limited Estimated Valuation
Pomanda estimates the enterprise value of VBITES VENTURES LIMITED at £125.5k based on an EBITDA of £27.9k and a 4.49x industry multiple (adjusted for size and gross margin).
vbites ventures limited Estimated Valuation
Pomanda estimates the enterprise value of VBITES VENTURES LIMITED at £0 based on Net Assets of £-22.7k and 1.31x industry multiple (adjusted for liquidity).
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Vbites Ventures Limited Overview
Vbites Ventures Limited is a live company located in brighton, BN2 9QA with a Companies House number of 05803952. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2006, it's largest shareholder is heather anne mills with a 100% stake. Vbites Ventures Limited is a established, micro sized company, Pomanda has estimated its turnover at £404k with rapid growth in recent years.
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Vbites Ventures Limited Health Check
Pomanda's financial health check has awarded Vbites Ventures Limited 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
2 Regular
7 Weak
Size
annual sales of £404k, make it smaller than the average company (£19.1m)
- Vbites Ventures Limited
£19.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 218%, show it is growing at a faster rate (11.7%)
- Vbites Ventures Limited
11.7% - Industry AVG
Production
with a gross margin of 34.9%, this company has a comparable cost of product (34.9%)
- Vbites Ventures Limited
34.9% - Industry AVG
Profitability
an operating margin of 6.9% make it more profitable than the average company (4.6%)
- Vbites Ventures Limited
4.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (104)
- Vbites Ventures Limited
104 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Vbites Ventures Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £134.7k, this is less efficient (£189.8k)
- Vbites Ventures Limited
£189.8k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (44 days)
- Vbites Ventures Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (43 days)
- Vbites Ventures Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vbites Ventures Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Vbites Ventures Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.6%, this is a higher level of debt than the average (68.7%)
105.6% - Vbites Ventures Limited
68.7% - Industry AVG
VBITES VENTURES LIMITED financials
Vbites Ventures Limited's latest turnover from March 2024 is estimated at £404 thousand and the company has net assets of -£22.7 thousand. According to their latest financial statements, we estimate that Vbites Ventures Limited has 3 employees and maintains cash reserves of £591 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | May 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
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 280,000 | 280,000 | 180,000 | 287,000 | 342,123 | 292,123 | |||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 280,000 | 280,000 | 180,000 | 287,000 | 342,123 | 292,123 | |||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 85,000 | ||||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 43,981 | 103,981 | 65,000 | 65,468 | 25,468 | 1 | |||||||||
| Cash | 591 | 19,942 | 7,175 | 8,791 | |||||||||||
| misc current assets | |||||||||||||||
| total current assets | 129,572 | 123,923 | 7,175 | 73,791 | 65,468 | 25,468 | 1 | ||||||||
| total assets | 409,572 | 403,923 | 187,175 | 360,791 | 407,591 | 317,591 | 1 | ||||||||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 151 | 216 | 2,460 | 492 | |||||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 432,164 | 447,814 | 217,814 | 397,114 | 487,114 | 344,122 | |||||||||
| total current liabilities | 432,315 | 448,030 | 217,814 | 399,574 | 487,606 | 344,122 | |||||||||
| loans | 19,014 | 50,000 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 19,014 | 50,000 | |||||||||||||
| total liabilities | 432,315 | 448,030 | 236,828 | 449,574 | 487,606 | 344,122 | |||||||||
| net assets | -22,743 | -44,107 | -49,653 | -88,783 | -80,015 | -26,531 | 1 | ||||||||
| total shareholders funds | -22,743 | -44,107 | -49,653 | -88,783 | -80,015 | -26,531 | 1 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 25,000 | 103,981 | -65,000 | -468 | 40,000 | 25,467 | 1 | ||||||||
| Creditors | -65 | 216 | -2,460 | 1,968 | 492 | ||||||||||
| Accruals and Deferred Income | -15,650 | 230,000 | -179,300 | -90,000 | 142,992 | 344,122 | |||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 100,000 | -107,000 | -55,123 | 50,000 | 292,123 | ||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -19,014 | -30,986 | 50,000 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -19,351 | 12,767 | -1,616 | 8,791 | |||||||||||
| overdraft | |||||||||||||||
| change in cash | -19,351 | 12,767 | -1,616 | 8,791 |
vbites ventures limited Credit Report and Business Information
Vbites Ventures Limited Competitor Analysis
Perform a competitor analysis for vbites ventures limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BN2 area or any other competitors across 12 key performance metrics.
vbites ventures limited Ownership
VBITES VENTURES LIMITED group structure
Vbites Ventures Limited has no subsidiary companies.
Ultimate parent company
VBITES VENTURES LIMITED
05803952
vbites ventures limited directors
Vbites Ventures Limited currently has 1 director, Ms Heather Mills serving since May 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Heather Mills | England | 57 years | May 2006 | - | Director |
P&L
March 2024turnover
404k
+36483%
operating profit
27.9k
0%
gross margin
34.9%
-0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-22.7k
-0.48%
total assets
409.6k
+0.01%
cash
591
-0.97%
net assets
Total assets minus all liabilities
Similar Companies
vbites ventures limited company details
company number
05803952
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
i do care limited (May 2018)
duo renovations ltd (April 2014)
accountant
CHARIOT HOUSE LIMITED
auditor
-
address
44 grand parade, brighton, BN2 9QA
Bank
-
Legal Advisor
-
vbites ventures 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 vbites ventures limited.
vbites ventures 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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vbites ventures limited Companies House Filings - See Documents
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