Pomanda estimates the enterprise value of VARG LIMITED at £160.7k based on a Turnover of £535.9k and 0.3x industry multiple (adjusted for size and gross margin).
varg limitedEstimated Valuation
£35.2k
Pomanda estimates the enterprise value of VARG LIMITED at £35.2k based on an EBITDA of £19.2k and a 1.83x industry multiple (adjusted for size and gross margin).
varg limitedEstimated Valuation
£158.9k
Pomanda estimates the enterprise value of VARG LIMITED at £158.9k based on Net Assets of £94.4k and 1.68x industry multiple (adjusted for liquidity).
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Varg LimitedOverview
Varg Limited is a live company located in newcastle upon tyne, NE2 3AL with a Companies House number of 06705090. It operates in the media representation services sector, SIC Code 73120. Founded in September 2008, it's largest shareholder is
rachel cornick
with a 100% stake. Varg Limited is a established,
small sized company, Pomanda has estimated its turnover at
£535.9k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Varg Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £535.9k, make it smaller than the average company (£3.5m)
£535.9k - Varg Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.8%)
5% - Varg Limited
7.8% - Industry AVG
Production
with a gross margin of 26.3%, this company has a higher cost of product (54.5%)
26.3% - Varg Limited
54.5% - Industry AVG
Profitability
an operating margin of 3.6% make it less profitable than the average company (8.2%)
3.6% - Varg Limited
8.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (17)
4 - Varg Limited
17 - Industry AVG
Pay Structure
on an average salary of £66.7k, the company has an equivalent pay structure (£66.7k)
£66.7k - Varg Limited
£66.7k - Industry AVG
Efficiency
resulting in sales per employee of £134k, this is less efficient (£176k)
£134k - Varg Limited
£176k - Industry AVG
Debtor Days
it gets paid by customers after 134 days, this is later than average (56 days)
134 days - Varg Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 105 days, this is slower than average (32 days)
105 days - Varg Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Varg Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Varg Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.7%, this is a lower level of debt than the average (66.1%)
54.7% - Varg Limited
66.1% - Industry AVG
VARG LIMITED financials
EXPORT
Varg Limited's latest turnover from September 2023 is estimated at £535.9 thousand and the company has net assets of £94.4 thousand. According to their latest financial statements, Varg Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
535,925
446,868
400,167
469,209
452,638
471,254
266,390
175,359
165,934
135,332
140,492
102,517
15,375
29,359
62,023
Other Income Or Grants
Cost Of Sales
395,045
316,161
294,213
341,137
345,414
338,009
177,285
121,382
111,788
81,097
91,538
66,876
9,891
18,951
4,191
Gross Profit
140,880
130,707
105,954
128,073
107,224
133,245
89,105
53,977
54,146
54,235
48,954
35,641
5,484
10,408
57,832
Admin Expenses
121,687
179,048
73,174
121,220
76,154
86,801
62,489
88,596
51,103
23,105
43,142
24,470
9,861
-3,802
57,374
Operating Profit
19,193
-48,341
32,780
6,853
31,070
46,444
26,616
-34,619
3,043
31,130
5,812
11,171
-4,377
14,210
458
Interest Payable
Interest Receivable
11
31
107
77
17
29
67
51
Pre-Tax Profit
19,193
-48,341
32,780
6,853
31,070
46,444
26,627
-34,588
3,150
31,206
5,829
11,200
-4,310
14,261
1,028
Tax
-4,798
-6,228
-1,302
-5,903
-8,824
-5,059
-630
-6,553
-1,341
-2,688
-3,993
-694
Profit After Tax
14,395
-48,341
26,552
5,551
25,167
37,620
21,568
-34,588
2,520
24,653
4,488
8,512
-4,310
10,268
334
Dividends Paid
Retained Profit
14,395
-48,341
26,552
5,551
25,167
37,620
21,568
-34,588
2,520
24,653
4,488
8,512
-4,310
10,268
334
Employee Costs
266,671
257,079
211,767
314,526
322,316
388,506
52,723
47,351
48,964
49,161
46,068
45,113
46,920
46,014
Number Of Employees
4
4
4
6
6
8
1
1
1
1
1
1
1
1
EBITDA*
19,193
-48,341
32,780
6,853
31,070
46,444
26,616
-32,340
6,213
33,801
9,852
14,668
-2,194
15,580
843
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
10,350
15,945
2,694
3,370
1,418
2,991
4,408
3,678
4,100
3,555
4,682
6,551
4,791
3,736
2,697
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
10,350
15,945
2,694
3,370
1,418
2,991
4,408
3,678
4,100
3,555
4,682
6,551
4,791
3,736
2,697
Stock & work in progress
Trade Debtors
198,129
177,185
180,088
157,722
128,644
123,390
79,614
55,637
48,417
35,222
36,502
28,713
3,981
6,724
1,777
Group Debtors
Misc Debtors
1,068
32,631
16,327
40,025
1,700
Cash
9,016
15,854
26,756
3,913
2,757
8,724
18,241
2,354
misc current assets
18,421
13,277
total current assets
198,129
178,253
212,719
174,049
168,669
141,811
92,891
64,653
64,271
61,978
40,415
31,470
12,705
24,965
5,831
total assets
208,479
194,198
215,413
177,419
170,087
144,802
97,299
68,331
68,371
65,533
45,097
38,021
17,496
28,701
8,528
Bank overdraft
Bank loan
Trade Creditors
114,090
114,204
87,078
75,636
73,855
73,737
63,854
55,618
20,986
20,777
24,769
21,807
10,146
17,252
1,279
Group/Directors Accounts
4,797
other short term finances
hp & lease commitments
other current liabilities
1,452
total current liabilities
114,090
114,204
87,078
75,636
73,855
73,737
63,854
55,618
20,986
20,777
24,769
21,807
10,146
17,252
7,528
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
736
820
711
936
1,310
958
747
566
total long term liabilities
736
820
711
936
1,310
958
747
566
total liabilities
114,090
114,204
87,078
75,636
73,855
73,737
63,854
56,354
21,806
21,488
25,705
23,117
11,104
17,999
8,094
net assets
94,389
79,994
128,335
101,783
96,232
71,065
33,445
11,977
46,565
44,045
19,392
14,904
6,392
10,702
434
total shareholders funds
94,389
79,994
128,335
101,783
96,232
71,065
33,445
11,977
46,565
44,045
19,392
14,904
6,392
10,702
434
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
19,193
-48,341
32,780
6,853
31,070
46,444
26,616
-34,619
3,043
31,130
5,812
11,171
-4,377
14,210
458
Depreciation
2,279
3,170
2,671
4,040
3,497
2,183
1,370
385
Amortisation
Tax
-4,798
-6,228
-1,302
-5,903
-8,824
-5,059
-630
-6,553
-1,341
-2,688
-3,993
-694
Stock
Debtors
19,876
-34,466
38,670
5,380
45,279
43,776
23,977
7,220
13,195
-1,280
7,789
24,732
-2,743
3,247
3,477
Creditors
-114
27,126
11,442
1,781
118
9,883
8,236
34,632
209
-3,992
2,962
11,661
-7,106
15,973
1,279
Accruals and Deferred Income
-1,452
1,452
Deferred Taxes & Provisions
-736
-84
109
-225
-374
352
211
181
566
Cash flow from operations
-5,595
13,251
-676
1,952
-19,994
3,727
5,080
-5,012
-7,294
24,311
3,310
-739
-6,346
23,042
-31
Investing Activities
capital expenditure
5,595
-13,251
676
-1,952
1,573
1,417
-730
-1,857
-3,715
-1,544
-2,171
-5,257
-3,238
-2,409
-3,082
Change in Investments
cash flow from investments
5,595
-13,251
676
-1,952
1,573
1,417
-730
-1,857
-3,715
-1,544
-2,171
-5,257
-3,238
-2,409
-3,082
Financing Activities
Bank loans
Group/Directors Accounts
-4,797
4,797
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100
100
interest
11
31
107
77
17
29
67
51
cash flow from financing
-89
31
107
77
17
29
67
-4,746
4,897
cash and cash equivalents
cash
-9,016
-6,838
-10,902
22,843
1,156
-5,967
-9,517
15,887
2,354
overdraft
change in cash
-9,016
-6,838
-10,902
22,843
1,156
-5,967
-9,517
15,887
2,354
varg 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 varg limited. Get real-time insights into varg limited's credit score, group structure and payment trends.
Perform a competitor analysis for varg limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in NE2 area or any other competitors across 12 key performance metrics.
varg limited Ownership
VARG LIMITED group structure
Varg Limited has no subsidiary companies.
Ultimate parent company
VARG LIMITED
06705090
VARG LIMITED Shareholders
The sole shareholder of Varg Limited is Rachel Cornick.
rachel cornick
100%
varg limited directors
Varg Limited currently has 1 director, Miss Rachel Cornick serving since Nov 2021.
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 varg limited.
varg 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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varg limitedCompanies House Filings - See Documents
