vireol limited
vireol limited Company Information
Company Number
06448126
Next Accounts
3008 days late
Shareholders
future fuels no.1 llp
ethanol ventures ltd
View AllGroup Structure
View All
Industry
Manufacture of other organic basic chemicals
Registered Address
2nd floor 110 cannon street, london, EC4N 6EU
Website
-vireol limited Estimated Valuation
Pomanda estimates the enterprise value of VIREOL LIMITED at £896.9m based on a Turnover of £1b and 0.87x industry multiple (adjusted for size and gross margin).
vireol limited Estimated Valuation
Pomanda estimates the enterprise value of VIREOL LIMITED at £0 based on an EBITDA of £-63.7m and a 6.13x industry multiple (adjusted for size and gross margin).
vireol limited Estimated Valuation
Pomanda estimates the enterprise value of VIREOL LIMITED at £0 based on Net Assets of £-332m and 1.81x industry multiple (adjusted for liquidity).
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Vireol Limited Overview
Vireol Limited is a live company located in london, EC4N 6EU with a Companies House number of 06448126. It operates in the manufacture of other organic basic chemicals sector, SIC Code 20140. Founded in December 2007, it's largest shareholder is future fuels no.1 llp with a 33.3% stake. Vireol Limited is a established, mega sized company, Pomanda has estimated its turnover at £1b with rapid growth in recent years.
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Vireol Limited Health Check
Pomanda's financial health check has awarded Vireol Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £1b, make it larger than the average company (£26m)
- Vireol Limited
£26m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (-0.1%)
- Vireol Limited
-0.1% - Industry AVG
Production
with a gross margin of 20.1%, this company has a comparable cost of product (20.1%)
- Vireol Limited
20.1% - Industry AVG
Profitability
an operating margin of -6.1% make it less profitable than the average company (5.2%)
- Vireol Limited
5.2% - Industry AVG
Employees
with 2549 employees, this is above the industry average (46)
- Vireol Limited
46 - Industry AVG
Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)
- Vireol Limited
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £406.7k, this is equally as efficient (£406.8k)
- Vireol Limited
£406.8k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (46 days)
- Vireol Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 153 days, this is slower than average (31 days)
- Vireol Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (55 days)
- Vireol Limited
55 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Vireol Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2211%, this is a higher level of debt than the average (50.6%)
2211% - Vireol Limited
50.6% - Industry AVG
VIREOL LIMITED financials
Vireol Limited's latest turnover from March 2015 is estimated at £1 billion and the company has net assets of -£332 million. According to their latest financial statements, we estimate that Vireol Limited has 2,549 employees and maintains cash reserves of £9.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 3,373,125 | |||||
| Intangible Assets | 192 | 958 | 1,724 | |||
| Investments & Other | 1,004 | 1,004 | 1,004 | 2 | 16,002 | |
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 1,004 | 1,196 | 1,962 | 1,726 | 16,002 | 3,373,125 |
| Stock & work in progress | 277,316 | 1,571,101 | 2,121,963 | 1,030,219 | 819,896 | |
| Trade Debtors | 15,440,053 | 65,947,024 | 16,817,569 | 8,156,856 | 2,300,275 | 6,896,382 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 9,119 | 59,672 | 211,235 | 65,330 | 397,352 | 18,002 |
| misc current assets | ||||||
| total current assets | 15,726,488 | 67,577,797 | 19,150,767 | 9,252,405 | 3,517,523 | 6,914,384 |
| total assets | 15,727,492 | 67,578,993 | 19,152,729 | 9,254,131 | 3,533,525 | 10,287,509 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 347,740,662 | 335,861,667 | 202,118,368 | 105,141,582 | 53,470,253 | 25,766,525 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 347,740,662 | 335,861,667 | 202,118,368 | 105,141,582 | 53,470,253 | 25,766,525 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 347,740,662 | 335,861,667 | 202,118,368 | 105,141,582 | 53,470,253 | 25,766,525 |
| net assets | -332,013,170 | -268,282,674 | -182,965,639 | -95,887,451 | -49,936,728 | -15,479,016 |
| total shareholders funds | -332,013,170 | -268,282,674 | -182,965,639 | -95,887,451 | -49,936,728 | -15,479,016 |
| Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | 192 | 766 | 766 | 575 | ||
| Tax | ||||||
| Stock | -1,293,785 | -550,862 | 1,091,744 | 210,323 | 819,896 | |
| Debtors | -50,506,971 | 49,129,455 | 8,660,713 | 5,856,581 | -4,596,107 | 6,896,382 |
| Creditors | 11,878,995 | 133,743,299 | 96,976,786 | 51,671,329 | 27,703,728 | 25,766,525 |
| Accruals and Deferred Income | ||||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 1,002 | -16,000 | 16,002 | |||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -50,553 | -151,563 | 145,905 | -332,022 | 379,350 | 18,002 |
| overdraft | ||||||
| change in cash | -50,553 | -151,563 | 145,905 | -332,022 | 379,350 | 18,002 |
vireol limited Credit Report and Business Information
Vireol Limited Competitor Analysis
Perform a competitor analysis for vireol limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in EC4N area or any other competitors across 12 key performance metrics.
vireol limited Ownership
VIREOL LIMITED group structure
Vireol Limited has 1 subsidiary company.
Ultimate parent company
1 parent
VIREOL LIMITED
06448126
1 subsidiary
vireol limited directors
Vireol Limited currently has 6 directors. The longest serving directors include Mr Andrew Hartley (Jan 2008) and Mr Gerard Russell (Jan 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Hartley | England | 69 years | Jan 2008 | - | Director |
| Mr Gerard Russell | England | 66 years | Jan 2008 | - | Director |
| Mr David Salkeld | 69 years | Jan 2008 | - | Director | |
| Mr David Knibbs | England | 58 years | Jan 2008 | - | Director |
| Mr Alexander Ritchie | 70 years | Feb 2008 | - | Director | |
| Mr Peter Conway | 55 years | May 2014 | - | Director |
P&L
March 2015turnover
1b
-12%
operating profit
-63.7m
0%
gross margin
20.1%
+12.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2015net assets
-332m
+0.24%
total assets
15.7m
-0.77%
cash
9.1k
-0.85%
net assets
Total assets minus all liabilities
vireol limited company details
company number
06448126
Type
Private limited with Share Capital
industry
20140 - Manufacture of other organic basic chemicals
incorporation date
December 2007
age
18
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2015
previous names
ethanol ventures grimsby limited (July 2010)
accountant
-
auditor
-
address
2nd floor 110 cannon street, london, EC4N 6EU
Bank
-
Legal Advisor
-
vireol 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 2 charges/mortgages relating to vireol limited. Currently there are 2 open charges and 0 have been satisfied in the past.
vireol 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 VIREOL LIMITED. This can take several minutes, an email will notify you when this has completed.
vireol limited Companies House Filings - See Documents
| date | description | view/download |
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