vee cee limited

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vee cee limited Company Information

Share VEE CEE LIMITED

Company Number

06920249

Shareholders

shanmugaraj elangovan

Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

south building upper farm, wootton st lawrence, basingstoke, hampshire, RG23 8PE

vee cee limited Estimated Valuation

£85.5k

Pomanda estimates the enterprise value of VEE CEE LIMITED at £85.5k based on a Turnover of £171.4k and 0.5x industry multiple (adjusted for size and gross margin).

vee cee limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VEE CEE LIMITED at £0 based on an EBITDA of £-1.2k and a 3.57x industry multiple (adjusted for size and gross margin).

vee cee limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VEE CEE LIMITED at £0 based on Net Assets of £-24.4k and 2.37x industry multiple (adjusted for liquidity).

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Vee Cee Limited Overview

Vee Cee Limited is a live company located in basingstoke, RG23 8PE with a Companies House number of 06920249. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2009, it's largest shareholder is shanmugaraj elangovan with a 100% stake. Vee Cee Limited is a established, micro sized company, Pomanda has estimated its turnover at £171.4k with healthy growth in recent years.

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Vee Cee Limited Health Check

Pomanda's financial health check has awarded Vee Cee Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

0 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £171.4k, make it smaller than the average company (£4.8m)

£171.4k - Vee Cee Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (6.7%)

5% - Vee Cee Limited

6.7% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Vee Cee Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of -0.9% make it less profitable than the average company (5.7%)

-0.9% - Vee Cee Limited

5.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (27)

1 - Vee Cee Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £54k, the company has an equivalent pay structure (£54k)

£54k - Vee Cee Limited

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £171.4k, this is equally as efficient (£171.4k)

£171.4k - Vee Cee Limited

£171.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Vee Cee Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Vee Cee Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Vee Cee Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)

0 weeks - Vee Cee Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 670%, this is a higher level of debt than the average (62.6%)

670% - Vee Cee Limited

62.6% - Industry AVG

VEE CEE LIMITED financials

EXPORTms excel logo

Vee Cee Limited's latest turnover from December 2023 is estimated at £171.4 thousand and the company has net assets of -£24.4 thousand. According to their latest financial statements, Vee Cee Limited has 1 employee and maintains cash reserves of £148 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Jun 2012Jun 2011Jun 2010
Turnover171,352162,182146,722145,974151,500207,879286,032129,7323,178,649351,14721,819
Other Income Or Grants
Cost Of Sales105,890100,04391,99591,70194,499130,441178,70580,5652,056,143228,94913,638
Gross Profit65,46362,13954,72754,27357,00177,438107,32649,1671,122,506122,1988,181
Admin Expenses67,06766,04172,69754,99554,99850,437106,55249,8809,9321,148,46574,4368,061
Operating Profit-1,604-3,902-17,970-7222,00327,001774-713-9,932-25,95947,762120
Interest Payable
Interest Receivable554511211217282883099619
Pre-Tax Profit-1,599-3,897-17,966-7172,11527,112791-685-9,644-25,65047,858139
Tax-402-5,151-150-11,007-33
Profit After Tax-1,599-3,897-17,966-7171,71321,961641-685-9,644-25,65036,851106
Dividends Paid
Retained Profit-1,599-3,897-17,966-7171,71321,961641-685-9,644-25,65036,851106
Employee Costs54,00551,34548,79046,40645,98044,27583,96384,171914,188123,38636,884
Number Of Employees111111222231
EBITDA*-1,205-3,371-17,2622252,59827,7951,833504-9,154-24,92247,996120

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Jun 2012Jun 2011Jun 2010
Tangible Assets1,2001,5992,1302,8381,7862,3813,1753,6512,3363,114390
Intangible Assets
Investments & Other
Debtors (Due After 1 year)5,000
Total Fixed Assets1,2001,5992,1302,8381,7867,3813,1753,6512,3363,114390
Stock & work in progress
Trade Debtors32,0601,249378,17546,67145
Group Debtors
Misc Debtors2,9302,930439,222612,782613,17370,2352,402347,9721,307
Cash148482322,9796,56323,1866,60216322,49592,60030,8747,674
misc current assets75,054
total current assets3,0782,978439,454615,761619,73655,246151,8913,814370,467470,77577,5459,026
total assets4,2784,577441,584618,599621,52262,627155,0667,465372,803473,88977,9359,026
Bank overdraft
Bank loan
Trade Creditors 462,08240,4788,420
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities28,66427,060460,069618,984621,39032,0952,3645,257370,640
total current liabilities28,66427,060460,069618,984621,39032,0952,3645,257370,640462,08240,4788,420
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions304405539339452150,583730
total long term liabilities304405539339452150,583730
total liabilities28,66427,364460,474619,523621,72932,547152,9475,987370,640462,08240,4788,420
net assets-24,386-22,787-18,890-924-20730,0802,1191,4782,16311,80737,457606
total shareholders funds-24,386-22,787-18,890-924-20730,0802,1191,4782,16311,80737,457606
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-1,604-3,902-17,970-7222,00327,001774-713-9,932-25,95947,762120
Depreciation3995317089475957941,0591,2177781,037234
Amortisation
Tax-402-5,151-150-11,007-33
Stock
Debtors-436,292-173,560-391576,113-33,17566,584-344,321-30,203331,50445,3191,352
Creditors-462,082421,60432,0588,420
Accruals and Deferred Income1,604-433,009-158,915-2,406589,29529,731-2,893-365,383370,640
Deferred Taxes & Provisions-304-101-134200-113-150,131149,853730
Cash flow from operations95-189-2,751-1,59015,265-64,58182,059-19,828-70,39365,17823,7287,155
Investing Activities
capital expenditure-1,999-583-2,532-3,761-624
Change in Investments
cash flow from investments-1,999-583-2,532-3,761-624
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-32,0006,000500
interest554511211217282883099619
cash flow from financing5545-31,8886,112172828830996519
cash and cash equivalents
cash100-184-2,747-3,584-16,62316,5846,439-22,332-70,10561,72623,2007,674
overdraft
change in cash100-184-2,747-3,584-16,62316,5846,439-22,332-70,10561,72623,2007,674

vee cee 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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Vee Cee Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for vee cee limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in RG23 area or any other competitors across 12 key performance metrics.

vee cee limited Ownership

VEE CEE LIMITED group structure

Vee Cee Limited has no subsidiary companies.

Ultimate parent company

VEE CEE LIMITED

06920249

VEE CEE LIMITED Shareholders

shanmugaraj elangovan 100%

vee cee limited directors

Vee Cee Limited currently has 1 director, Mr Shanmugaraj Elangovan serving since Jun 2009.

officercountryagestartendrole
Mr Shanmugaraj ElangovanEngland45 years Jun 2009- Director

P&L

December 2023

turnover

171.4k

+6%

operating profit

-1.6k

0%

gross margin

38.3%

-0.29%

turnover

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

Balance Sheet

December 2023

net assets

-24.4k

+0.07%

total assets

4.3k

-0.07%

cash

148

+2.08%

net assets

Total assets minus all liabilities

vee cee limited company details

company number

06920249

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

June 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

vee link sourcing limited (January 2015)

vee cee limited (November 2013)

accountant

SHERRINGTONS

auditor

-

address

south building upper farm, wootton st lawrence, basingstoke, hampshire, RG23 8PE

Bank

-

Legal Advisor

-

vee cee 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 vee cee limited.

vee cee 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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vee cee limited Companies House Filings - See Documents

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