verne global ltd
verne global ltd Company Information
Company Number
06537716
Next Accounts
Sep 2025
Shareholders
verne global hf
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
36-43 great sutton street, london, EC1V 0AB
Website
www.verneglobal.comverne global ltd Estimated Valuation
Pomanda estimates the enterprise value of VERNE GLOBAL LTD at £3m based on a Turnover of £4.9m and 0.62x industry multiple (adjusted for size and gross margin).
verne global ltd Estimated Valuation
Pomanda estimates the enterprise value of VERNE GLOBAL LTD at £2.7m based on an EBITDA of £601.6k and a 4.5x industry multiple (adjusted for size and gross margin).
verne global ltd Estimated Valuation
Pomanda estimates the enterprise value of VERNE GLOBAL LTD at £2.7m based on Net Assets of £1.3m and 2.13x industry multiple (adjusted for liquidity).
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Verne Global Ltd Overview
Verne Global Ltd is a live company located in london, EC1V 0AB with a Companies House number of 06537716. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2008, it's largest shareholder is verne global hf with a 100% stake. Verne Global Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.9m with rapid growth in recent years.
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Verne Global Ltd Health Check
Pomanda's financial health check has awarded Verne Global Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £4.9m, make it in line with the average company (£4.8m)
£4.9m - Verne Global Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (6.6%)
38% - Verne Global Ltd
6.6% - Industry AVG
Production
with a gross margin of 38.3%, this company has a comparable cost of product (38.3%)
38.3% - Verne Global Ltd
38.3% - Industry AVG
Profitability
an operating margin of 11.9% make it more profitable than the average company (5.7%)
11.9% - Verne Global Ltd
5.7% - Industry AVG
Employees
with 6 employees, this is below the industry average (27)
6 - Verne Global Ltd
27 - Industry AVG
Pay Structure
on an average salary of £552k, the company has a higher pay structure (£54k)
£552k - Verne Global Ltd
£54k - Industry AVG
Efficiency
resulting in sales per employee of £815k, this is more efficient (£171.4k)
£815k - Verne Global Ltd
£171.4k - Industry AVG
Debtor Days
it gets paid by customers after 248 days, this is later than average (42 days)
248 days - Verne Global Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (32 days)
6 days - Verne Global Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Verne Global Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (22 weeks)
32 weeks - Verne Global Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.5%, this is a higher level of debt than the average (62.5%)
88.5% - Verne Global Ltd
62.5% - Industry AVG
VERNE GLOBAL LTD financials
Verne Global Ltd's latest turnover from December 2023 is £4.9 million and the company has net assets of £1.3 million. According to their latest financial statements, Verne Global Ltd has 6 employees and maintains cash reserves of £6.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 4,889,774 | 1,540,598 | 6,741,346 | 1,858,633 | 3,516,471 | 3,212,580 | 3,361,262 | 2,798,298 | 1,800,150 | 1,197,646 | 799,752 | 491,813 | 246,796 | 191,955 | 48,944 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 579,743 | 384,730 | 397,376 | 96,005 | 189,778 | 164,246 | 152,843 | 110,163 | |||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 579,743 | 384,730 | 397,376 | 96,005 | 189,778 | 164,246 | 152,843 | 110,163 | 79,898 | 60,088 | 38,380 | 23,633 | 377 | 176 | |
| Tax | -14,317 | -2,563 | -37,474 | 174,850 | -12,190 | -13,506 | 6,873 | -7,838 | -538 | -377 | -176 | ||||
| Profit After Tax | 565,426 | 384,730 | 394,813 | 58,531 | 364,628 | 152,056 | 139,337 | 110,163 | 79,898 | 66,961 | 30,542 | 23,095 | 377 | -201 | -176 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 565,426 | 384,730 | 394,813 | 58,531 | 364,628 | 152,056 | 139,337 | 110,163 | 79,898 | 66,961 | 30,542 | 23,095 | 377 | -201 | -176 |
| Employee Costs | 3,311,922 | 1,912,412 | 6,132,100 | 1,455,955 | 2,320,501 | 1,878,818 | 2,199,252 | 1,729,907 | 1,148,970 | 947,258 | 527,400 | 306,631 | |||
| Number Of Employees | 6 | 3 | 3 | 6 | 13 | 12 | 10 | 10 | 7 | ||||||
| EBITDA* | 601,561 | 385,474 | 398,007 | 144,039 | 289,882 | 274,538 | 257,671 | 194,745 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 130,961 | 3,136 | 1,366 | 826 | 71,826 | 167,699 | 269,394 | 350,332 | 354,868 | 11,832 | 15,819 | 21,208 | |||
| Intangible Assets | |||||||||||||||
| Investments & Other | 39,960 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 170,921 | 3,136 | 1,366 | 826 | 71,826 | 167,699 | 269,394 | 350,332 | 354,868 | 11,832 | 15,819 | 21,208 | |||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 3,325,117 | 455,796 | |||||||||||||
| Group Debtors | 1,388,130 | 210,940 | 9,377,469 | 11,650,877 | 5,926,923 | 5,371,229 | 4,429,632 | 2,607,904 | 545,006 | 748,898 | 1,436,222 | 806,245 | 20,605 | 8,312 | 18,668 |
| Misc Debtors | 102,182 | 39,898 | 220,827 | 140,868 | 492,138 | 326,750 | 410,629 | 319,030 | 306,984 | 90,431 | 92,237 | 64,493 | |||
| Cash | 6,050,058 | 1,436,239 | 74,003 | 38,357 | |||||||||||
| misc current assets | |||||||||||||||
| total current assets | 10,865,487 | 2,142,873 | 9,672,299 | 11,830,102 | 6,419,061 | 5,697,979 | 4,840,261 | 2,926,934 | 851,990 | 839,329 | 1,528,459 | 870,738 | 20,605 | 8,312 | 18,668 |
| total assets | 11,036,408 | 2,146,009 | 9,673,665 | 11,830,928 | 6,490,887 | 5,865,678 | 5,109,655 | 3,277,266 | 1,206,858 | 851,161 | 1,544,278 | 891,946 | 20,605 | 8,312 | 18,668 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 55,732 | 10,877 | 11,657 | 438 | 31,425 | 31,107 | 61,631 | 22,143 | 71,868 | 16,115 | 3,100 | 4,069 | |||
| Group/Directors Accounts | 760,362 | 773,715 | 7,686,202 | 7,567,755 | 4,952,663 | 4,930,997 | 4,126,649 | 2,553,316 | 826,490 | 664,377 | 1,428,919 | 845,885 | |||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 8,950,478 | 657,007 | 1,656,126 | 3,236,525 | 539,120 | 300,523 | 470,379 | 390,148 | 107,004 | 49,071 | 57,622 | 17,897 | 19,605 | 7,689 | 17,844 |
| total current liabilities | 9,766,572 | 1,441,599 | 9,353,985 | 10,804,718 | 5,523,208 | 5,262,627 | 4,658,659 | 2,965,607 | 1,005,362 | 729,563 | 1,489,641 | 867,851 | 19,605 | 7,689 | 17,844 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 9,766,572 | 1,441,599 | 9,353,985 | 10,804,718 | 5,523,208 | 5,262,627 | 4,658,659 | 2,965,607 | 1,005,362 | 729,563 | 1,489,641 | 867,851 | 19,605 | 7,689 | 17,844 |
| net assets | 1,269,836 | 704,410 | 319,680 | 1,026,210 | 967,679 | 603,051 | 450,996 | 311,659 | 201,496 | 121,598 | 54,637 | 24,095 | 1,000 | 623 | 824 |
| total shareholders funds | 1,269,836 | 704,410 | 319,680 | 1,026,210 | 967,679 | 603,051 | 450,996 | 311,659 | 201,496 | 121,598 | 54,637 | 24,095 | 1,000 | 623 | 824 |
| Dec 2023 | 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 | 579,743 | 384,730 | 397,376 | 96,005 | 189,778 | 164,246 | 152,843 | 110,163 | |||||||
| Depreciation | 21,818 | 744 | 631 | 48,034 | 100,104 | 110,292 | 104,828 | 84,582 | 19,581 | 5,670 | 5,389 | 2,387 | |||
| Amortisation | |||||||||||||||
| Tax | -14,317 | -2,563 | -37,474 | 174,850 | -12,190 | -13,506 | 6,873 | -7,838 | -538 | -377 | -176 | ||||
| Stock | |||||||||||||||
| Debtors | 4,108,795 | -8,891,662 | -2,193,449 | 5,372,684 | 721,082 | 857,718 | 1,913,327 | 2,074,944 | 12,661 | -689,130 | 657,721 | 850,133 | 12,293 | -10,356 | 18,668 |
| Creditors | 44,855 | -780 | 11,219 | -30,987 | 318 | -30,524 | 39,488 | -49,725 | 55,753 | 13,015 | -969 | 4,069 | |||
| Accruals and Deferred Income | 8,293,471 | -999,119 | -1,580,399 | 2,697,405 | 238,597 | -169,856 | 80,231 | 283,144 | 57,933 | -8,551 | 39,725 | -1,708 | 11,916 | -10,155 | 17,844 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 4,816,775 | 8,277,237 | 1,019,713 | -2,599,701 | -17,435 | -795,750 | -1,549,443 | -1,646,780 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 39,960 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -13,353 | -6,912,487 | 118,447 | 2,615,092 | 21,666 | 804,348 | 1,573,333 | 1,726,826 | 162,113 | -764,542 | 583,034 | 845,885 | |||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -13,353 | -6,912,487 | -982,896 | 2,615,092 | 21,666 | 804,347 | 1,573,333 | 1,726,826 | 162,113 | -764,542 | 583,034 | 845,885 | 1,000 | ||
| cash and cash equivalents | |||||||||||||||
| cash | 4,613,819 | 1,362,236 | 35,646 | 38,357 | |||||||||||
| overdraft | |||||||||||||||
| change in cash | 4,613,819 | 1,362,236 | 35,646 | 38,357 |
verne global ltd Credit Report and Business Information
Verne Global Ltd Competitor Analysis
Perform a competitor analysis for verne global ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC1V area or any other competitors across 12 key performance metrics.
verne global ltd Ownership
VERNE GLOBAL LTD group structure
Verne Global Ltd has no subsidiary companies.
Ultimate parent company
JULES III SCA
#0165040
VERNE GLOBAL HF
#0083225
2 parents
VERNE GLOBAL LTD
06537716
verne global ltd directors
Verne Global Ltd currently has 2 directors. The longest serving directors include Mr Dominic Ward (Jan 2018) and Mr Michele Tagliatti (Jan 2025).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dominic Ward | England | 45 years | Jan 2018 | - | Director |
| Mr Michele Tagliatti | United Kingdom | 36 years | Jan 2025 | - | Director |
P&L
December 2023turnover
4.9m
+217%
operating profit
579.7k
+51%
gross margin
38.3%
-0.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.3m
+0.8%
total assets
11m
+4.14%
cash
6.1m
+3.21%
net assets
Total assets minus all liabilities
Similar Companies
verne global ltd company details
company number
06537716
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 2008
age
17
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
36-43 great sutton street, london, EC1V 0AB
Bank
-
Legal Advisor
-
verne global 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 found 3 charges/mortgages relating to verne global ltd. Currently there are 0 open charges and 3 have been satisfied in the past.
verne global ltd 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 VERNE GLOBAL LTD. This can take several minutes, an email will notify you when this has completed.
verne global ltd Companies House Filings - See Documents
| date | description | view/download |
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