virdi homes limited

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virdi homes limited Company Information

Share VIRDI HOMES LIMITED

Company Number

06830878

Shareholders

narinder singh virdi

amrik singh virdi

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Group Structure

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Industry

Buying and selling of own real estate

 

Registered Address

1 beechwood avenue, hayes, middlesex, UB3 1JN

Website

-

virdi homes limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of VIRDI HOMES LIMITED at £2.7m based on a Turnover of £1.3m and 2.12x industry multiple (adjusted for size and gross margin).

virdi homes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VIRDI HOMES LIMITED at £0 based on an EBITDA of £-600 and a 4.36x industry multiple (adjusted for size and gross margin).

virdi homes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VIRDI HOMES LIMITED at £0 based on Net Assets of £-20k and 1.55x industry multiple (adjusted for liquidity).

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Virdi Homes Limited Overview

Virdi Homes Limited is a live company located in middlesex, UB3 1JN with a Companies House number of 06830878. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2009, it's largest shareholder is narinder singh virdi with a 40% stake. Virdi Homes Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.

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Virdi Homes Limited Health Check

Pomanda's financial health check has awarded Virdi Homes Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.3m, make it larger than the average company (£810.8k)

£1.3m - Virdi Homes Limited

£810.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 482%, show it is growing at a faster rate (3.1%)

482% - Virdi Homes Limited

3.1% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a higher cost of product (68.5%)

26.4% - Virdi Homes Limited

68.5% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (25.1%)

0% - Virdi Homes Limited

25.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Virdi Homes Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)

£37.7k - Virdi Homes Limited

£37.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £649k, this is more efficient (£189.7k)

£649k - Virdi Homes Limited

£189.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 104 days, this is later than average (26 days)

104 days - Virdi Homes Limited

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (31 days)

0 days - Virdi Homes Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Virdi Homes Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Virdi Homes Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 105.4%, this is a higher level of debt than the average (64%)

105.4% - Virdi Homes Limited

64% - Industry AVG

VIRDI HOMES LIMITED financials

EXPORTms excel logo

Virdi Homes Limited's latest turnover from February 2024 is estimated at £1.3 million and the company has net assets of -£20 thousand. According to their latest financial statements, we estimate that Virdi Homes Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover1,298,0271,391,65430,8106,59513,90215,31913,03113,2359,928363,239151,530106,490110,95792,02437,500
Other Income Or Grants000000000000000
Cost Of Sales955,7671,013,96422,9485,03110,87211,3659,80910,1767,430279,438122,00084,10188,67375,14131,116
Gross Profit342,260377,6907,8621,5643,0293,9543,2223,0592,49883,80129,53022,38922,28416,8836,385
Admin Expenses342,860379,0329,3082,0144,5316,1415,9775,1203,92986,09131,12722,39023,00918,1327,068
Operating Profit-600-1,342-1,446-450-1,502-2,187-2,755-2,061-1,431-2,290-1,597-1-725-1,249-683
Interest Payable000000011000000
Interest Receivable021027651352211100100
Pre-Tax Profit-600-1,340-1,445-450-1,500-2,111-2,704-2,058-1,426-2,288-1,5950-724-1,149-583
Tax000000000000000
Profit After Tax-600-1,340-1,445-450-1,500-2,111-2,704-2,058-1,426-2,288-1,5950-724-1,149-583
Dividends Paid000000000000000
Retained Profit-600-1,340-1,445-450-1,500-2,111-2,704-2,058-1,426-2,288-1,5950-724-1,149-583
Employee Costs75,416108,27036,28535,49139,63039,02535,29636,60238,94635,80935,90333,44733,40834,52233,423
Number Of Employees231111111111111
EBITDA*-600-1,342-1,446-450-1,502-2,187-2,755-2,061-1,431-2,290-1,597-1-725-1,249-683

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets000000000328,762123,746123,746123,746123,7460
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000000328,762123,746123,746123,746123,7460
Stock & work in progress00370,820370,820370,820349,505328,762328,762328,762000000
Trade Debtors370,940370,9400000000000000
Group Debtors000000000000000
Misc Debtors000000000000000
Cash0012012612650119,6556181,90323948713413425439,890
misc current assets000000000000000
total current assets370,940370,940370,940370,946370,946350,006348,417329,380330,66523948713413425439,890
total assets370,940370,940370,940370,946370,946350,006348,417329,380330,665329,001124,233123,880123,880124,00039,890
Bank overdraft0000000017000000
Bank loan000000000000000
Trade Creditors 2,040390,3131,4401,44000000335,240128,184126,236126,236125,63240,373
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities00387,433385,9946,242364,544360,844339,103338,313000000
total current liabilities2,040390,313388,873387,4346,242364,544360,844339,103338,330335,240128,184126,236126,236125,63240,373
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities388,87300000000000000
provisions000000000000000
total long term liabilities388,87300000000000000
total liabilities390,913390,313388,873387,4346,242364,544360,844339,103338,330335,240128,184126,236126,236125,63240,373
net assets-19,973-19,373-17,933-16,488364,704-14,538-12,427-9,723-7,665-6,239-3,951-2,356-2,356-1,632-483
total shareholders funds-19,973-19,373-17,933-16,488364,704-14,538-12,427-9,723-7,665-6,239-3,951-2,356-2,356-1,632-483
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-600-1,342-1,446-450-1,502-2,187-2,755-2,061-1,431-2,290-1,597-1-725-1,249-683
Depreciation000000000000000
Amortisation000000000000000
Tax000000000000000
Stock0-370,8200021,31520,74300328,762000000
Debtors0370,9400000000000000
Creditors-388,273388,87301,4400000-335,240207,0561,948060485,25940,373
Accruals and Deferred Income0-387,4331,439379,752-358,3023,70021,741790338,313000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-388,873-22-7380,742-381,119-19,23018,986-1,271-327,120204,766351-1-12184,01039,690
Investing Activities
capital expenditure00000000328,762-205,016000-123,7460
Change in Investments000000000000000
cash flow from investments00000000328,762-205,016000-123,7460
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities388,87300000000000000
share issue0-1000-380,742380,742000000000100
interest021027651242211100100
cash flow from financing388,873-981-380,742380,7447651242211100200
cash and cash equivalents
cash0-120-60-375-19,15419,037-1,2851,664-2483530-120-39,63639,890
overdraft0000000-1717000000
change in cash0-120-60-375-19,15419,037-1,2681,647-2483530-120-39,63639,890

virdi homes limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Virdi Homes Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for virdi homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in UB3 area or any other competitors across 12 key performance metrics.

virdi homes limited Ownership

VIRDI HOMES LIMITED group structure

Virdi Homes Limited has no subsidiary companies.

Ultimate parent company

VIRDI HOMES LIMITED

06830878

VIRDI HOMES LIMITED Shareholders

narinder singh virdi 40%
amrik singh virdi 40%
harmit virdi 10%
manvir virdi 10%

virdi homes limited directors

Virdi Homes Limited currently has 1 director, Mr Narinder Virdi serving since Feb 2009.

officercountryagestartendrole
Mr Narinder Virdi66 years Feb 2009- Director

P&L

February 2024

turnover

1.3m

-7%

operating profit

-600

0%

gross margin

26.4%

-2.84%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

-20k

+0.03%

total assets

370.9k

0%

cash

0

0%

net assets

Total assets minus all liabilities

virdi homes limited company details

company number

06830878

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

February 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

1 beechwood avenue, hayes, middlesex, UB3 1JN

Bank

-

Legal Advisor

-

virdi homes 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 did not find charges/mortgages relating to virdi homes limited.

virdi homes 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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virdi homes limited Companies House Filings - See Documents

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