vfast limited

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vfast limited Company Information

Share VFAST LIMITED

Company Number

06117927

Shareholders

orbital internet group ltd

Group Structure

View All

Industry

Wireless telecommunications activities

 

Registered Address

county house station approach, bekesbourne, canterbury, kent ct4 5dt, CT3 4LQ

vfast limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of VFAST LIMITED at £2.9m based on a Turnover of £3.2m and 0.9x industry multiple (adjusted for size and gross margin).

vfast limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VFAST LIMITED at £0 based on an EBITDA of £-773.1k and a 3.25x industry multiple (adjusted for size and gross margin).

vfast limited Estimated Valuation

£4m

Pomanda estimates the enterprise value of VFAST LIMITED at £4m based on Net Assets of £1.6m and 2.54x industry multiple (adjusted for liquidity).

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Vfast Limited Overview

Vfast Limited is a live company located in canterbury, CT3 4LQ with a Companies House number of 06117927. It operates in the wireless telecommunications activities sector, SIC Code 61200. Founded in February 2007, it's largest shareholder is orbital internet group ltd with a 100% stake. Vfast Limited is a established, small sized company, Pomanda has estimated its turnover at £3.2m with healthy growth in recent years.

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Vfast Limited Health Check

Pomanda's financial health check has awarded Vfast Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £3.2m, make it smaller than the average company (£7.3m)

£3.2m - Vfast Limited

£7.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.7%)

5% - Vfast Limited

6.7% - Industry AVG

production

Production

with a gross margin of 33.5%, this company has a comparable cost of product (33.5%)

33.5% - Vfast Limited

33.5% - Industry AVG

profitability

Profitability

an operating margin of -62.5% make it less profitable than the average company (2.8%)

-62.5% - Vfast Limited

2.8% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (32)

3 - Vfast Limited

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £60k, the company has an equivalent pay structure (£60k)

£60k - Vfast Limited

£60k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.1m, this is more efficient (£193.6k)

£1.1m - Vfast Limited

£193.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 79 days, this is later than average (47 days)

79 days - Vfast Limited

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 67 days, this is slower than average (37 days)

67 days - Vfast Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Vfast Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (9 weeks)

20 weeks - Vfast Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 71.2%, this is a higher level of debt than the average (63.2%)

71.2% - Vfast Limited

63.2% - Industry AVG

VFAST LIMITED financials

EXPORTms excel logo

Vfast Limited's latest turnover from April 2024 is estimated at £3.2 million and the company has net assets of £1.6 million. According to their latest financial statements, Vfast Limited has 3 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover3,221,1282,359,5623,934,8272,755,9762,150,1861,025,176340,178221,823149,056699,069606,0071,118,958446,676402,107527,017
Other Income Or Grants
Cost Of Sales2,143,6951,525,9592,528,8131,707,9531,314,747597,954211,402134,30187,684398,633350,560681,765267,170243,158312,816
Gross Profit1,077,433833,6031,406,0141,048,022835,439427,223128,77687,52261,373300,436255,447437,192179,507158,948214,201
Admin Expenses3,092,0401,340,224-219,563-253,823332,105-35,020-110,982-68,920-85,415246,649185,146309,849118,735106,326174,449
Operating Profit-2,014,607-506,6211,625,5771,301,845503,334462,243239,758156,442146,78853,78770,301127,34360,77252,62239,752
Interest Payable55515535
Interest Receivable95,55882,1978,9145412271,7161,31058188054945942727214124
Pre-Tax Profit-1,919,049-424,4241,634,4851,302,381503,562463,958241,068156,509147,13354,33670,759127,77061,04552,76339,776
Tax-310,552-247,452-95,677-88,152-45,803-29,737-29,426-10,867-14,859-30,665-15,872-14,773-11,137
Profit After Tax-1,919,049-424,4241,323,9331,054,929407,885375,806195,265126,772117,70643,46955,90097,10545,17337,98928,639
Dividends Paid
Retained Profit-1,919,049-424,4241,323,9331,054,929407,885375,806195,265126,772117,70643,46955,90097,10545,17337,98928,639
Employee Costs180,105309,2841,208,849919,373703,165157,390174,092118,37257,290163,216160,389307,974112,235153,088155,258
Number Of Employees352116123321335233
EBITDA*-773,072-96,0331,898,7531,451,169675,322580,665344,832258,202251,011106,308116,221168,74386,02271,30954,875

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets1,755,1191,531,5841,350,9081,236,491982,438571,838532,282506,465494,977309,549251,878271,983215,333199,876207,061
Intangible Assets119,767
Investments & Other40,00040,20040,000
Debtors (Due After 1 year)
Total Fixed Assets1,914,8861,531,5841,350,9081,236,4911,022,638611,838532,282506,465494,977309,549251,878271,983215,333199,876207,061
Stock & work in progress206,44256,91436,38735,00035,00035,00035,00035,00010,55010,5002,070550550
Trade Debtors699,295536,230879,315598,369421,385290,61163,97945,42137,532119,103117,051170,40565,87560,49266,501
Group Debtors1,449,624363,2231,561,006
Misc Debtors42,699254,040129,931986,097751,565570,723245,524126,33191,858
Cash1,330,8732,309,4271,558,663818,290264,097190,612266,856257,191207,544144,36075,303108,27162,33546,5659,658
misc current assets
total current assets3,522,4913,669,3624,185,8292,439,1431,472,0471,086,946611,359463,943371,934274,013202,854280,746128,760107,60776,159
total assets5,437,3775,200,9465,536,7373,675,6342,494,6851,698,7841,143,641970,408866,911583,562454,732552,729344,093307,483283,220
Bank overdraft15516,470
Bank loan
Trade Creditors 396,818243,301550,99394,022233,12414,9581,8178,9681,504217,992140,357250,043136,156143,377140,912
Group/Directors Accounts2,311,289229,446227,873297,003161,283166,717217,186
other short term finances
hp & lease commitments
other current liabilities702,7081,015,736754,586573,570371,996196,765161,558173,885117,755
total current liabilities3,410,8151,259,0371,305,579897,193832,993508,726324,658349,570352,915217,992140,357250,043136,156143,377140,912
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities28,06080,71970,24525,64821,69712,4589,15029,88029,32434,36374,36583,27885,816104,886
provisions431,304374,943250,242166,055108,18666,13458,40758,83558,03527,87115,10619,31512,75811,5628,683
total long term liabilities459,364455,662320,487191,703129,88366,13470,86567,98587,91557,19549,46993,68096,03697,378113,569
total liabilities3,870,1791,714,6991,626,0661,088,896962,876574,860395,523417,555440,830275,187189,826343,723232,192240,755254,481
net assets1,567,1983,486,2473,910,6712,586,7381,531,8091,123,924748,118552,853426,081308,375264,906209,006111,90166,72828,739
total shareholders funds1,567,1983,486,2473,910,6712,586,7381,531,8091,123,924748,118552,853426,081308,375264,906209,006111,90166,72828,739
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-2,014,607-506,6211,625,5771,301,845503,334462,243239,758156,442146,78853,78770,301127,34360,77252,62239,752
Depreciation1,240,815410,588273,176149,324171,988118,422105,074101,760104,22352,52145,92041,40025,25018,68715,123
Amortisation720
Tax-310,552-247,452-95,677-88,152-45,803-29,737-29,426-10,867-14,859-30,665-15,872-14,773-11,137
Stock-206,442149,52820,5271,38724,450508,4301,520550
Debtors1,038,125-1,416,759985,786411,516311,616551,831137,75142,36210,2872,052-53,354104,5305,383-6,00966,501
Creditors153,517-307,692456,971-139,102218,16613,141-7,1517,464-216,48877,635-109,686113,887-7,2212,465140,912
Accruals and Deferred Income-313,028261,150181,016201,574175,23135,207-12,32756,130117,755
Deferred Taxes & Provisions56,361124,70184,18757,86942,0527,727-42880030,16412,765-4,2096,5571,1962,8798,683
Cash flow from operations-1,707,9051,249,3571,304,062911,155703,478-3,243141,372250,497118,279183,73932,391152,47258,74267,339126,832
Investing Activities
capital expenditure-1,584,837-591,264-387,593-403,377-582,588-157,978-130,891-113,248-289,651-110,192-25,815-98,050-40,707-11,502-222,184
Change in Investments40,000-40,20020040,000
cash flow from investments-1,624,837-591,264-387,593-363,177-582,788-197,978-130,891-113,248-289,651-110,192-25,815-98,050-40,707-11,502-222,184
Financing Activities
Bank loans
Group/Directors Accounts2,311,289-229,4461,573-69,130135,720-5,434-50,469217,186
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-52,65910,47444,5973,95121,697-12,4583,308-20,730556-5,039-40,002-8,913-2,538-19,070104,886
share issue100
interest95,55882,1978,9095362271,7161,3106634554945942727214124
cash flow from financing2,354,18892,671-175,9406,060-47,206124,978-816-71,133218,087-4,490-39,543-8,486-2,266-18,929105,010
cash and cash equivalents
cash-978,554750,764740,373554,19373,485-76,2449,66549,64763,18469,057-32,96845,93615,77036,9079,658
overdraft-155155-16,47016,470
change in cash-978,554750,764740,528554,03873,485-76,2449,66566,11746,71469,057-32,96845,93615,77036,9079,658

vfast limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Vfast Limited Competitor Analysis

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Perform a competitor analysis for vfast limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CT3 area or any other competitors across 12 key performance metrics.

vfast limited Ownership

VFAST LIMITED group structure

Vfast Limited has no subsidiary companies.

Ultimate parent company

2 parents

VFAST LIMITED

06117927

VFAST LIMITED Shareholders

orbital internet group ltd 100%

vfast limited directors

Vfast Limited currently has 4 directors. The longest serving directors include Mr Benjamin Doherty (Apr 2014) and Mr Samuel Miller (Apr 2019).

officercountryagestartendrole
Mr Benjamin DohertyEngland38 years Apr 2014- Director
Mr Samuel MillerEngland32 years Apr 2019- Director
Mr Christopher DickinsonEngland34 years Jul 2022- Director
Mr Christopher DickinsonEngland34 years Jul 2022- Director

P&L

April 2024

turnover

3.2m

+37%

operating profit

-2m

0%

gross margin

33.5%

-5.32%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

1.6m

-0.55%

total assets

5.4m

+0.05%

cash

1.3m

-0.42%

net assets

Total assets minus all liabilities

vfast limited company details

company number

06117927

Type

Private limited with Share Capital

industry

61200 - Wireless telecommunications activities

incorporation date

February 2007

age

18

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

BURGESS HODGSON LLP

address

county house station approach, bekesbourne, canterbury, kent ct4 5dt, CT3 4LQ

Bank

-

Legal Advisor

-

vfast 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 4 charges/mortgages relating to vfast limited. Currently there are 1 open charges and 3 have been satisfied in the past.

vfast 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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vfast limited Companies House Filings - See Documents

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