victor products ltd
victor products ltd Company Information
Company Number
06531201
Website
www.victor.co.ukRegistered Address
unit 3a tyne dock east side, port of tyne, south shields, tyne and wear, NE33 5SQ
Industry
Manufacture of electric lighting equipment
Manufacture of other electrical equipment
Telephone
01912808000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
victor products holdings ltd 100%
victor products ltd Estimated Valuation
Pomanda estimates the enterprise value of VICTOR PRODUCTS LTD at £1.5m based on a Turnover of £2.5m and 0.59x industry multiple (adjusted for size and gross margin).
victor products ltd Estimated Valuation
Pomanda estimates the enterprise value of VICTOR PRODUCTS LTD at £1.5m based on an EBITDA of £326.2k and a 4.67x industry multiple (adjusted for size and gross margin).
victor products ltd Estimated Valuation
Pomanda estimates the enterprise value of VICTOR PRODUCTS LTD at £3m based on Net Assets of £1.4m and 2.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Victor Products Ltd Overview
Victor Products Ltd is a live company located in south shields, NE33 5SQ with a Companies House number of 06531201. It operates in the manufacture of electric lighting equipment sector, SIC Code 27400. Founded in March 2008, it's largest shareholder is victor products holdings ltd with a 100% stake. Victor Products Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.5m with declining growth in recent years.
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Victor Products Ltd Health Check
Pomanda's financial health check has awarded Victor Products Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
4 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£11.5m)
£2.5m - Victor Products Ltd
£11.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (0.9%)
-2% - Victor Products Ltd
0.9% - Industry AVG
Production
with a gross margin of 31.2%, this company has a comparable cost of product (33.9%)
31.2% - Victor Products Ltd
33.9% - Industry AVG
Profitability
an operating margin of 11.2% make it more profitable than the average company (6.4%)
11.2% - Victor Products Ltd
6.4% - Industry AVG
Employees
with 14 employees, this is below the industry average (65)
14 - Victor Products Ltd
65 - Industry AVG
Pay Structure
on an average salary of £54.9k, the company has an equivalent pay structure (£46.9k)
£54.9k - Victor Products Ltd
£46.9k - Industry AVG
Efficiency
resulting in sales per employee of £179.4k, this is equally as efficient (£168.9k)
£179.4k - Victor Products Ltd
£168.9k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is near the average (61 days)
60 days - Victor Products Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (41 days)
29 days - Victor Products Ltd
41 days - Industry AVG
Stock Days
it holds stock equivalent to 101 days, this is in line with average (102 days)
101 days - Victor Products Ltd
102 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 69 weeks, this is more cash available to meet short term requirements (16 weeks)
69 weeks - Victor Products Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.2%, this is a lower level of debt than the average (45.5%)
40.2% - Victor Products Ltd
45.5% - Industry AVG
VICTOR PRODUCTS LTD financials
Victor Products Ltd's latest turnover from December 2022 is £2.5 million and the company has net assets of £1.4 million. According to their latest financial statements, Victor Products Ltd has 14 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,511,113 | 2,113,479 | 1,884,559 | 2,692,741 | 2,303,680 | 1,711,040 | 1,142,154 | 2,113,000 | 4,298,000 | 5,465,000 | 7,011,000 | 6,007,000 | 5,074,000 | 4,440,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,727,077 | 1,427,632 | 1,372,380 | 1,806,615 | 1,502,455 | 1,402,870 | 1,170,978 | 1,926,000 | 2,824,000 | 3,319,000 | 3,933,000 | 3,873,000 | 3,126,000 | 2,659,000 |
| Gross Profit | 784,036 | 685,847 | 512,179 | 886,126 | 801,225 | 308,170 | -28,824 | 187,000 | 1,474,000 | 2,146,000 | 3,078,000 | 2,134,000 | 1,948,000 | 1,781,000 |
| Admin Expenses | 502,970 | 425,833 | 595,539 | 532,799 | 2,422,790 | 574,819 | 680,537 | 1,017,000 | 851,000 | 904,000 | 824,000 | 883,000 | 719,000 | 625,000 |
| Operating Profit | 281,066 | 260,014 | -83,360 | 353,327 | -1,621,565 | -266,649 | -709,361 | -830,000 | 623,000 | 1,242,000 | 2,254,000 | 1,251,000 | 1,229,000 | 1,156,000 |
| Interest Payable | 0 | 0 | 0 | 33,000 | 0 | 57,000 | 19,000 | 77,000 | 5,000 | 1,639,000 | 39,000 | 0 | 0 | 0 |
| Interest Receivable | 58,053 | 4,205 | 59,734 | 16,265 | 26,136 | 6,099 | 16,944 | 48,000 | 201,000 | 1,815,000 | 118,000 | 413,000 | 353,000 | 1,761,000 |
| Pre-Tax Profit | 339,119 | 264,219 | -23,626 | 336,592 | -1,576,432 | -317,550 | -711,417 | -859,000 | 1,338,000 | 1,418,000 | 2,333,000 | 1,664,000 | 1,582,000 | 1,229,000 |
| Tax | 0 | 0 | 0 | 4,287 | 0 | 0 | 16,959 | -112,000 | -443,000 | -357,000 | -603,000 | -522,000 | -456,000 | 701,000 |
| Profit After Tax | 339,119 | 264,219 | -23,626 | 340,879 | -1,576,432 | -317,550 | -694,458 | -971,000 | 895,000 | 1,061,000 | 1,730,000 | 1,142,000 | 1,126,000 | 1,930,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 339,119 | 264,219 | -23,626 | 340,879 | -1,576,432 | -317,550 | -694,458 | -971,000 | 895,000 | 1,061,000 | 1,730,000 | 1,142,000 | 1,126,000 | 1,930,000 |
| Employee Costs | 768,466 | 793,613 | 936,275 | 814,041 | 773,746 | 720,302 | 920,619 | 1,068,000 | 1,379,000 | 1,476,000 | 1,566,000 | 1,435,000 | 1,375,000 | 1,305,000 |
| Number Of Employees | 14 | 15 | 15 | 15 | 15 | 14 | 16 | 25 | 34 | 39 | 39 | 40 | 37 | 39 |
| EBITDA* | 326,222 | 317,700 | -22,705 | 425,583 | -1,550,108 | -194,585 | -629,362 | -569,000 | 739,000 | 1,330,000 | 2,353,000 | 1,362,000 | 1,345,000 | 1,342,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 96,194 | 95,730 | 140,992 | 178,233 | 236,256 | 231,272 | 96,742 | 205,000 | 303,000 | 382,000 | 467,000 | 484,000 | 380,000 | 452,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 31,323 | 31,323 | 31,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 740,000 |
| Total Fixed Assets | 96,194 | 95,730 | 140,992 | 178,233 | 236,256 | 262,595 | 128,065 | 236,000 | 303,000 | 382,000 | 467,000 | 484,000 | 380,000 | 1,198,000 |
| Stock & work in progress | 481,793 | 409,554 | 306,607 | 321,954 | 265,402 | 195,597 | 139,124 | 118,000 | 197,000 | 220,000 | 239,000 | 328,000 | 293,000 | 239,000 |
| Trade Debtors | 415,240 | 218,151 | 264,437 | 337,452 | 259,843 | 317,590 | 104,655 | 225,000 | 435,000 | 743,000 | 1,531,000 | 1,676,000 | 897,000 | 835,000 |
| Group Debtors | 88,056 | 63,494 | 58,408 | 87,908 | 83,245 | 110,597 | 130,118 | 106,000 | 3,465,000 | 3,527,000 | 3,510,000 | 3,531,000 | 3,784,000 | 3,318,000 |
| Misc Debtors | 33,516 | 44,801 | 65,877 | 35,921 | 76,721 | 47,224 | 248,588 | 266,000 | 724,000 | 427,000 | 581,000 | 700,000 | 951,000 | 307,000 |
| Cash | 1,282,500 | 1,806,510 | 2,297,191 | 3,000,956 | 3,498,270 | 4,067,706 | 4,981,600 | 6,390,000 | 3,993,000 | 3,853,000 | 3,091,000 | 1,285,000 | 784,000 | 595,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,301,105 | 2,542,510 | 2,992,520 | 3,784,191 | 4,183,481 | 4,738,714 | 5,604,085 | 7,105,000 | 8,814,000 | 8,770,000 | 8,952,000 | 7,520,000 | 6,709,000 | 5,294,000 |
| total assets | 2,397,299 | 2,638,240 | 3,133,512 | 3,962,424 | 4,419,737 | 5,001,309 | 5,732,150 | 7,341,000 | 9,117,000 | 9,152,000 | 9,419,000 | 8,004,000 | 7,089,000 | 6,492,000 |
| Bank overdraft | 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 |
| Trade Creditors | 139,387 | 104,500 | 136,016 | 181,750 | 226,668 | 222,636 | 160,844 | 194,000 | 264,000 | 542,000 | 654,000 | 826,000 | 534,000 | 397,000 |
| Group/Directors Accounts | 634,592 | 603,858 | 603,858 | 603,858 | 591,007 | 628,769 | 132,132 | 153,000 | 147,000 | 330,000 | 714,000 | 4,000 | 16,000 | 8,000 |
| other short term finances | 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 |
| other current liabilities | 190,650 | 180,331 | 174,306 | 176,858 | 105,873 | 133,283 | 292,113 | 251,000 | 298,000 | 356,000 | 521,000 | 382,000 | 260,000 | 324,000 |
| total current liabilities | 964,629 | 888,689 | 914,180 | 962,466 | 923,548 | 984,688 | 585,089 | 598,000 | 709,000 | 1,228,000 | 1,889,000 | 1,212,000 | 810,000 | 729,000 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 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 |
| provisions | 0 | 0 | 0 | 0 | 110 | 110 | 300,000 | 1,328,000 | 2,688,000 | 208,000 | 209,000 | 200,000 | 183,000 | 187,000 |
| total long term liabilities | 0 | 0 | 128,000 | 0 | 1,615,110 | 110 | 2,933,000 | 1,328,000 | 2,688,000 | 208,000 | 5,328,000 | 4,669,000 | 1,114,000 | 998,000 |
| total liabilities | 964,629 | 888,689 | 1,042,180 | 962,466 | 2,538,658 | 984,798 | 3,518,089 | 1,926,000 | 3,397,000 | 1,436,000 | 7,217,000 | 5,881,000 | 1,924,000 | 1,727,000 |
| net assets | 1,432,670 | 1,749,551 | 2,091,332 | 2,999,958 | 1,881,079 | 4,016,511 | 2,214,061 | 5,415,000 | 5,720,000 | 7,716,000 | 2,202,000 | 2,123,000 | 5,165,000 | 4,765,000 |
| total shareholders funds | 1,432,670 | 1,749,551 | 2,091,332 | 2,999,958 | 1,881,079 | 4,016,511 | 2,214,061 | 5,415,000 | 5,720,000 | 7,716,000 | 2,202,000 | 2,123,000 | 5,165,000 | 4,765,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 281,066 | 260,014 | -83,360 | 353,327 | -1,621,565 | -266,649 | -709,361 | -830,000 | 623,000 | 1,242,000 | 2,254,000 | 1,251,000 | 1,229,000 | 1,156,000 |
| Depreciation | 45,156 | 57,686 | 60,655 | 72,256 | 71,457 | 72,064 | 79,999 | 261,000 | 116,000 | 88,000 | 99,000 | 111,000 | 110,000 | 105,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,000 | 81,000 |
| Tax | 0 | 0 | 0 | 4,287 | 0 | 0 | 16,959 | -112,000 | -443,000 | -357,000 | -603,000 | -522,000 | -456,000 | 701,000 |
| Stock | 72,239 | 102,947 | -15,347 | 56,552 | 69,805 | 56,473 | 21,124 | -79,000 | -23,000 | -19,000 | -89,000 | 35,000 | 54,000 | 239,000 |
| Debtors | 210,366 | -62,276 | -72,559 | 41,472 | -55,602 | -7,950 | -113,639 | -4,027,000 | -73,000 | -925,000 | -285,000 | 275,000 | 432,000 | 5,200,000 |
| Creditors | 34,887 | -31,516 | -45,734 | -44,918 | 4,032 | 61,792 | -33,156 | -70,000 | -278,000 | -112,000 | -172,000 | 292,000 | 137,000 | 397,000 |
| Accruals and Deferred Income | 10,319 | 6,025 | -2,552 | 70,985 | -27,410 | -158,830 | 41,113 | -47,000 | -58,000 | -165,000 | 139,000 | 122,000 | -64,000 | 324,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -110 | 0 | -299,890 | -1,028,000 | -1,360,000 | 2,480,000 | -1,000 | 9,000 | 17,000 | -4,000 | 187,000 |
| Cash flow from operations | 88,823 | 251,538 | 16,915 | 357,803 | -1,587,689 | -640,036 | -1,539,931 | 1,948,000 | 2,536,000 | 1,639,000 | 2,100,000 | 961,000 | 472,000 | -2,488,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -31,323 | 0 | 323 | 31,000 | 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 |
| Group/Directors Accounts | 30,734 | 0 | 0 | 12,851 | -37,762 | 496,637 | -20,868 | 6,000 | -183,000 | -384,000 | 710,000 | -12,000 | 8,000 | 8,000 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | 58,053 | 4,205 | 59,734 | -16,735 | 26,136 | -50,901 | -2,056 | -29,000 | 196,000 | 176,000 | 79,000 | 413,000 | 353,000 | 1,761,000 |
| cash flow from financing | -567,213 | -601,795 | -825,266 | 774,116 | -570,626 | 2,565,736 | -2,529,405 | 643,000 | -2,878,000 | 4,245,000 | -862,000 | -3,783,000 | -365,000 | 4,604,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -524,010 | -490,681 | -703,765 | -497,314 | -569,436 | -913,894 | -1,408,400 | 2,397,000 | 140,000 | 762,000 | 1,806,000 | 501,000 | 189,000 | 595,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -524,010 | -490,681 | -703,765 | -497,314 | -569,436 | -913,894 | -1,408,400 | 2,397,000 | 140,000 | 762,000 | 1,806,000 | 501,000 | 189,000 | 595,000 |
victor products ltd Credit Report and Business Information
Victor Products Ltd Competitor Analysis
Perform a competitor analysis for victor products ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
victor products ltd Ownership
VICTOR PRODUCTS LTD group structure
Victor Products Ltd has no subsidiary companies.
Ultimate parent company
FEDERAL SIGNAL CORP
#0001480
2 parents
VICTOR PRODUCTS LTD
06531201
victor products ltd directors
Victor Products Ltd currently has 2 directors. The longest serving directors include Ms Diane Bonina (May 2022) and Mrs Jennifer Sherman (Nov 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Diane Bonina | England | 60 years | May 2022 | - | Director |
| Mrs Jennifer Sherman | England | 59 years | Nov 2022 | - | Director |
P&L
December 2022turnover
2.5m
+19%
operating profit
281.1k
+8%
gross margin
31.3%
-3.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.4m
-0.18%
total assets
2.4m
-0.09%
cash
1.3m
-0.29%
net assets
Total assets minus all liabilities
Similar Companies
victor products ltd company details
company number
06531201
Type
Private limited with Share Capital
industry
27400 - Manufacture of electric lighting equipment
27900 - Manufacture of other electrical equipment
incorporation date
March 2008
age
16
accounts
Full Accounts
ultimate parent company
previous names
victor products mining ltd (April 2008)
incorporated
UK
address
unit 3a tyne dock east side, port of tyne, south shields, tyne and wear, NE33 5SQ
last accounts submitted
December 2022
victor products 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 victor products ltd.
victor products ltd Companies House Filings - See Documents
| date | description | view/download |
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