Pomanda estimates the enterprise value of VIRTUE ACCOUNTING LIMITED at £83.6k based on a Turnover of £152.6k and 0.55x industry multiple (adjusted for size and gross margin).
virtue accounting limitedEstimated Valuation
£199k
Pomanda estimates the enterprise value of VIRTUE ACCOUNTING LIMITED at £199k based on an EBITDA of £53.2k and a 3.74x industry multiple (adjusted for size and gross margin).
virtue accounting limitedEstimated Valuation
£1.7m
Pomanda estimates the enterprise value of VIRTUE ACCOUNTING LIMITED at £1.7m based on Net Assets of £615.8k and 2.79x industry multiple (adjusted for liquidity).
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Virtue Accounting LimitedOverview
Virtue Accounting Limited is a live company located in coventry, CV5 6ET with a Companies House number of 06490301. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in January 2008, it's largest shareholder is
virtue holdings limited
with a 100% stake. Virtue Accounting Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£152.6k with
declining
growth in recent years.
Pomanda's financial health check has awarded Virtue Accounting Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £152.6k, make it smaller than the average company (£317.5k)
£152.6k - Virtue Accounting Limited
£317.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (9.4%)
-7% - Virtue Accounting Limited
9.4% - Industry AVG
Production
with a gross margin of 37.7%, this company has a higher cost of product (75.6%)
37.7% - Virtue Accounting Limited
75.6% - Industry AVG
Profitability
an operating margin of 32.6% make it more profitable than the average company (9.2%)
32.6% - Virtue Accounting Limited
9.2% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Virtue Accounting Limited
4 - Industry AVG
Pay Structure
on an average salary of £42k, the company has an equivalent pay structure (£42k)
£42k - Virtue Accounting Limited
£42k - Industry AVG
Efficiency
resulting in sales per employee of £30.5k, this is less efficient (£97k)
£30.5k - Virtue Accounting Limited
£97k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (69 days)
87 days - Virtue Accounting Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 929 days, this is slower than average (23 days)
929 days - Virtue Accounting Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Virtue Accounting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 121 weeks, this is more cash available to meet short term requirements (29 weeks)
121 weeks - Virtue Accounting Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.2%, this is a lower level of debt than the average (52%)
28.2% - Virtue Accounting Limited
52% - Industry AVG
VIRTUE ACCOUNTING LIMITED financials
EXPORT
Virtue Accounting Limited's latest turnover from March 2024 is estimated at £152.6 thousand and the company has net assets of £615.8 thousand. According to their latest financial statements, Virtue Accounting Limited has 5 employees and maintains cash reserves of £563.2 thousand 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
Mar 2010
Turnover
152,584
149,544
142,516
192,507
270,686
265,023
259,953
306,004
305,397
221,116
220,596
188,126
163,860
137,823
129,454
Other Income Or Grants
Cost Of Sales
95,003
92,193
87,633
115,440
160,108
151,118
140,203
162,098
177,809
120,483
110,398
97,150
81,737
68,246
68,798
Gross Profit
57,581
57,351
54,883
77,066
110,579
113,905
119,750
143,906
127,588
100,633
110,198
90,976
82,123
69,577
60,657
Admin Expenses
7,918
-33,780
-88,439
-130,039
-765
88,111
454,709
83,867
76,813
-38,581
6,204
2,774
15,473
55,655
72,150
Operating Profit
49,663
91,131
143,322
207,105
111,344
25,794
-334,959
60,039
50,775
139,214
103,994
88,202
66,650
13,922
-11,493
Interest Payable
Interest Receivable
29,522
22,945
3,493
268
123
972
1,305
906
1,615
1,240
771
459
210
101
52
Pre-Tax Profit
79,185
114,075
146,815
207,373
111,467
26,767
-333,654
60,945
52,390
140,454
104,765
88,661
66,859
14,024
-11,441
Tax
-19,796
-21,674
-27,895
-39,401
-21,179
-5,086
-12,189
-10,478
-29,495
-24,096
-21,279
-17,383
-3,927
Profit After Tax
59,389
92,401
118,920
167,972
90,288
21,681
-333,654
48,756
41,912
110,959
80,669
67,382
49,476
10,097
-11,441
Dividends Paid
Retained Profit
59,389
92,401
118,920
167,972
90,288
21,681
-333,654
48,756
41,912
110,959
80,669
67,382
49,476
10,097
-11,441
Employee Costs
209,879
197,710
189,610
240,975
279,791
418,134
371,703
418,058
378,983
75,522
78,218
78,084
74,612
70,134
70,610
Number Of Employees
5
5
5
7
8
10
10
11
10
2
2
2
2
2
2
EBITDA*
53,236
92,209
145,754
208,772
113,011
25,794
-334,839
62,657
59,301
148,475
113,902
93,802
72,937
21,100
-5,854
* 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
Mar 2010
Tangible Assets
257,961
250,789
250,952
251,064
252,731
120
2,559
11,085
12,671
4,800
8,181
4,504
7,068
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
257,961
250,789
250,952
251,064
252,731
120
2,559
11,085
12,671
4,800
8,181
4,504
7,068
Stock & work in progress
Trade Debtors
36,610
35,978
34,844
46,032
84,770
59,662
59,912
66,349
61,780
58,124
55,307
45,785
38,545
31,946
29,018
Group Debtors
Misc Debtors
Cash
563,202
561,448
518,307
413,053
122,346
123,515
135,747
386,151
338,843
307,027
189,077
119,314
64,129
19,719
20,810
misc current assets
total current assets
599,812
597,426
553,151
459,085
207,116
183,177
195,659
452,500
400,623
365,151
244,384
165,099
102,674
51,665
49,828
total assets
857,773
848,215
804,103
710,149
459,847
183,177
195,659
452,620
403,182
376,236
257,055
169,899
110,855
56,169
56,896
Bank overdraft
Bank loan
Trade Creditors
241,966
291,797
307,697
322,955
281,983
96,340
130,304
53,810
53,128
68,094
59,872
53,385
61,723
56,513
67,337
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
241,966
291,797
307,697
322,955
281,983
96,340
130,304
53,810
53,128
68,094
59,872
53,385
61,723
56,513
67,337
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
32,389
42,097
provisions
739
199
total long term liabilities
32,389
42,097
739
199
total liabilities
241,966
291,797
340,086
365,052
282,722
96,340
130,503
53,810
53,128
68,094
59,872
53,385
61,723
56,513
67,337
net assets
615,807
556,418
464,017
345,097
177,125
86,837
65,156
398,810
350,054
308,142
197,183
116,514
49,132
-344
-10,441
total shareholders funds
615,807
556,418
464,017
345,097
177,125
86,837
65,156
398,810
350,054
308,142
197,183
116,514
49,132
-344
-10,441
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
Mar 2010
Operating Activities
Operating Profit
49,663
91,131
143,322
207,105
111,344
25,794
-334,959
60,039
50,775
139,214
103,994
88,202
66,650
13,922
-11,493
Depreciation
3,573
1,078
2,432
1,667
1,667
120
2,618
8,526
9,261
9,908
5,600
6,287
7,178
5,639
Amortisation
Tax
-19,796
-21,674
-27,895
-39,401
-21,179
-5,086
-12,189
-10,478
-29,495
-24,096
-21,279
-17,383
-3,927
Stock
Debtors
632
1,134
-11,188
-38,738
25,108
-250
-6,437
4,569
3,656
2,817
9,522
7,240
6,599
2,928
29,018
Creditors
-49,831
-15,900
-15,258
40,972
185,643
-33,964
76,494
682
-14,966
8,222
6,487
-8,338
5,210
-10,824
67,337
Accruals and Deferred Income
Deferred Taxes & Provisions
-739
739
-199
199
Cash flow from operations
-17,023
53,501
113,789
248,342
253,106
-13,205
-251,709
46,581
30,201
124,385
86,771
56,945
54,165
3,421
32,465
Investing Activities
capital expenditure
-10,745
-915
-2,320
-254,398
-179
-7,675
-17,779
-2,219
-9,964
-4,614
-12,707
Change in Investments
cash flow from investments
-10,745
-915
-2,320
-254,398
-179
-7,675
-17,779
-2,219
-9,964
-4,614
-12,707
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-32,389
-9,708
42,097
share issue
1,000
interest
29,522
22,945
3,493
268
123
972
1,305
906
1,615
1,240
771
459
210
101
52
cash flow from financing
29,522
-9,444
-6,215
42,365
123
972
1,305
906
1,615
1,240
771
459
210
101
1,052
cash and cash equivalents
cash
1,754
43,141
105,254
290,707
-1,169
-12,232
-250,404
47,308
31,816
117,950
69,763
55,185
44,410
-1,091
20,810
overdraft
change in cash
1,754
43,141
105,254
290,707
-1,169
-12,232
-250,404
47,308
31,816
117,950
69,763
55,185
44,410
-1,091
20,810
virtue accounting 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 virtue accounting limited. Get real-time insights into virtue accounting limited's credit score, group structure and payment trends.
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virtue accounting limited Ownership
VIRTUE ACCOUNTING LIMITED group structure
Virtue Accounting Limited has no subsidiary companies.
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 virtue accounting limited.
virtue accounting limited Capital Raised & Share Issues BETA
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virtue accounting limitedCompanies House Filings - See Documents
