verus energy limited
verus energy limited Company Information
Company Number
06777093
Website
www.verusenergy.co.ukRegistered Address
c/o rjs solicitors, g4-g5 bellringer road, stoke on trent, staffordshire, ST4 8GB
Industry
Treatment and disposal of non-hazardous waste
Engineering related scientific and technical consulting activities
Telephone
02070224943
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
parallel 57 limited 33.1%
ashfellside limited 33.1%
View Allverus energy limited Estimated Valuation
Pomanda estimates the enterprise value of VERUS ENERGY LIMITED at £436.5k based on a Turnover of £487.4k and 0.9x industry multiple (adjusted for size and gross margin).
verus energy limited Estimated Valuation
Pomanda estimates the enterprise value of VERUS ENERGY LIMITED at £0 based on an EBITDA of £-1m and a 4.24x industry multiple (adjusted for size and gross margin).
verus energy limited Estimated Valuation
Pomanda estimates the enterprise value of VERUS ENERGY LIMITED at £5.8m based on Net Assets of £1.9m and 3.05x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Verus Energy Limited Overview
Verus Energy Limited is a live company located in stoke on trent, ST4 8GB with a Companies House number of 06777093. It operates in the production of electricity sector, SIC Code 35110. Founded in December 2008, it's largest shareholder is parallel 57 limited with a 33.1% stake. Verus Energy Limited is a established, micro sized company, Pomanda has estimated its turnover at £487.4k with high growth in recent years.
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Verus Energy Limited Health Check
Pomanda's financial health check has awarded Verus Energy Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £487.4k, make it smaller than the average company (£5.2m)
- Verus Energy Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (6.4%)
- Verus Energy Limited
6.4% - Industry AVG
Production
with a gross margin of 44.2%, this company has a comparable cost of product (44.2%)
- Verus Energy Limited
44.2% - Industry AVG
Profitability
an operating margin of -206.9% make it less profitable than the average company (21.7%)
- Verus Energy Limited
21.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (17)
3 - Verus Energy Limited
17 - Industry AVG
Pay Structure
on an average salary of £54.8k, the company has an equivalent pay structure (£54.8k)
- Verus Energy Limited
£54.8k - Industry AVG
Efficiency
resulting in sales per employee of £162.5k, this is less efficient (£237k)
- Verus Energy Limited
£237k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Verus Energy Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (23 days)
- Verus Energy Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Verus Energy Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 202 weeks, this is more cash available to meet short term requirements (15 weeks)
202 weeks - Verus Energy Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.4%, this is a lower level of debt than the average (69.4%)
25.4% - Verus Energy Limited
69.4% - Industry AVG
VERUS ENERGY LIMITED financials
Verus Energy Limited's latest turnover from May 2023 is estimated at £487.4 thousand and the company has net assets of £1.9 million. According to their latest financial statements, Verus Energy Limited has 3 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 931 | 1,179 | 1,690 | 760 | 182 | 2,353 | 5,167 | 367 | 1,769 | 473 | 214 | 1,250 | 178 | 1,561 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 3,193 | 3,193 | 4,487 | 4,487 | 4,487 | 4,487 | 4,487 | 3 | 2 | 2 | 2 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 932 | 1,180 | 4,883 | 3,953 | 4,669 | 6,840 | 9,654 | 4,854 | 6,256 | 476 | 216 | 1,252 | 180 | 1,561 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 129,563 | 0 |
| Trade Debtors | 0 | 0 | 23,996 | 23,996 | 71,197 | 0 | 35,400 | 15,352 | 431,808 | 473,570 | 709,105 | 651,801 | 15,407 | 140,931 |
| Group Debtors | 4,739 | 4,520 | 204,187 | 166,631 | 177,940 | 350,016 | 488,578 | 291,168 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,482 | 410,452 | 594,416 | 513,484 | 365,459 | 334,721 | 308,556 | 409,772 | 0 | 0 | 0 | 0 | 0 | 67 |
| Cash | 2,533,431 | 2,406,979 | 5,244,099 | 1,449,940 | 52,749 | 126,821 | 67,245 | 97,036 | 225,154 | 86,812 | 39,116 | 18,896 | 188,800 | 331,827 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,551,652 | 2,821,951 | 6,066,698 | 2,154,051 | 667,345 | 811,558 | 899,779 | 813,328 | 656,962 | 560,382 | 748,221 | 670,697 | 333,770 | 472,825 |
| total assets | 2,552,584 | 2,823,131 | 6,071,581 | 2,158,004 | 672,014 | 818,398 | 909,433 | 818,182 | 663,218 | 560,858 | 748,437 | 671,949 | 333,950 | 474,386 |
| 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 | 25,430 | 2,668 | 18,676 | 57,098 | 162,453 | 81,469 | 74,905 | 0 | 55,721 | 131,513 | 37,580 | 92,903 | 79,776 | 122,260 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 623,967 | 20,173 | 58,500 | 65,313 | 48,123 | 67,554 | 86,691 | 72,795 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 649,397 | 22,841 | 77,176 | 122,411 | 210,576 | 149,023 | 161,596 | 72,795 | 55,721 | 131,513 | 37,580 | 92,903 | 79,776 | 122,260 |
| 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 | 46,668 | 46,668 | 46,668 | 41,288 | 41,288 | 41,288 | 41,288 | 23,889 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 46,668 | 46,668 | 46,668 | 41,288 | 41,288 | 41,288 | 41,288 | 23,889 | 0 |
| total liabilities | 649,397 | 22,841 | 77,176 | 122,411 | 210,576 | 195,691 | 208,264 | 119,463 | 97,009 | 172,801 | 78,868 | 134,191 | 103,665 | 122,260 |
| net assets | 1,903,187 | 2,800,290 | 5,994,405 | 2,035,593 | 461,438 | 622,707 | 701,169 | 698,719 | 566,209 | 388,057 | 669,569 | 537,758 | 230,285 | 352,126 |
| total shareholders funds | 1,903,187 | 2,800,290 | 5,994,405 | 2,035,593 | 461,438 | 622,707 | 701,169 | 698,719 | 566,209 | 388,057 | 669,569 | 537,758 | 230,285 | 352,126 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 704 | 2,869 | 1,944 | 435 | 2,536 | 3,767 | 1,750 | 1,585 | 1,461 | 365 | 1,402 | 1,428 | 1,383 | 1,199 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -129,563 | 129,563 | 0 |
| Debtors | -396,751 | -407,627 | 118,488 | 89,515 | -70,141 | -147,797 | 116,242 | 284,484 | -41,762 | -235,535 | 57,304 | 636,394 | -125,591 | 140,998 |
| Creditors | 22,762 | -16,008 | -38,422 | -105,355 | 80,984 | 6,564 | 74,905 | -55,721 | -75,792 | 93,933 | -55,323 | 13,127 | -42,484 | 122,260 |
| Accruals and Deferred Income | 603,794 | -38,327 | -6,813 | 17,190 | -19,431 | -19,137 | 13,896 | 72,795 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | -3,192 | 0 | -1,294 | 0 | 0 | 0 | 0 | 4,484 | 1 | 0 | 0 | 2 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -46,668 | 0 | 0 | 5,380 | 0 | 0 | 0 | 17,399 | 23,889 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 126,452 | -2,837,120 | 3,794,159 | 1,397,191 | -74,072 | 59,576 | -29,791 | -128,118 | 138,342 | 47,696 | 20,220 | -169,904 | -143,027 | 331,827 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 126,452 | -2,837,120 | 3,794,159 | 1,397,191 | -74,072 | 59,576 | -29,791 | -128,118 | 138,342 | 47,696 | 20,220 | -169,904 | -143,027 | 331,827 |
verus energy limited Credit Report and Business Information
Verus Energy Limited Competitor Analysis
Perform a competitor analysis for verus energy limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in ST4 area or any other competitors across 12 key performance metrics.
verus energy limited Ownership
VERUS ENERGY LIMITED group structure
Verus Energy Limited has 2 subsidiary companies.
Ultimate parent company
VERUS ENERGY LIMITED
06777093
2 subsidiaries
verus energy limited directors
Verus Energy Limited currently has 3 directors. The longest serving directors include Dr Timothy Jervis (Dec 2008) and Mr Alidad Moaveni (Dec 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Timothy Jervis | England | 57 years | Dec 2008 | - | Director |
| Mr Alidad Moaveni | England | 54 years | Dec 2008 | - | Director |
| Mr David Diracles | United Kingdom | 45 years | Mar 2009 | - | Director |
P&L
May 2023turnover
487.4k
+30%
operating profit
-1m
0%
gross margin
44.3%
+4.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.9m
-0.32%
total assets
2.6m
-0.1%
cash
2.5m
+0.05%
net assets
Total assets minus all liabilities
Similar Companies
verus energy limited company details
company number
06777093
Type
Private limited with Share Capital
industry
35110 - Production of electricity
38210 - Treatment and disposal of non-hazardous waste
71122 - Engineering related scientific and technical consulting activities
incorporation date
December 2008
age
16
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
energy oscar limited (February 2009)
last accounts submitted
May 2023
address
c/o rjs solicitors, g4-g5 bellringer road, stoke on trent, staffordshire, ST4 8GB
accountant
-
auditor
-
verus energy 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 1 charges/mortgages relating to verus energy limited. Currently there are 0 open charges and 1 have been satisfied in the past.
verus energy limited Companies House Filings - See Documents
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