visconti leather limited
visconti leather limited Company Information
Company Number
06957636
Next Accounts
Dec 2025
Directors
Shareholders
gurjit kaur sawhney
harpreet singh sawhney
View AllGroup Structure
View All
Industry
Non-specialised wholesale trade
+1Registered Address
unit b5,, eldon wall industrial estate, london, NW10 7QY
Website
www.viscontibags.co.ukvisconti leather limited Estimated Valuation
Pomanda estimates the enterprise value of VISCONTI LEATHER LIMITED at £731.4k based on a Turnover of £1.9m and 0.39x industry multiple (adjusted for size and gross margin).
visconti leather limited Estimated Valuation
Pomanda estimates the enterprise value of VISCONTI LEATHER LIMITED at £1.6m based on an EBITDA of £387k and a 4.13x industry multiple (adjusted for size and gross margin).
visconti leather limited Estimated Valuation
Pomanda estimates the enterprise value of VISCONTI LEATHER LIMITED at £5m based on Net Assets of £1.7m and 2.94x industry multiple (adjusted for liquidity).
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Visconti Leather Limited Overview
Visconti Leather Limited is a live company located in london, NW10 7QY with a Companies House number of 06957636. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in July 2009, it's largest shareholder is gurjit kaur sawhney with a 37.5% stake. Visconti Leather Limited is a established, small sized company, Pomanda has estimated its turnover at £1.9m with declining growth in recent years.
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Visconti Leather Limited Health Check
Pomanda's financial health check has awarded Visconti Leather Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£8.3m)
- Visconti Leather Limited
£8.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (10.9%)
- Visconti Leather Limited
10.9% - Industry AVG
Production
with a gross margin of 36.7%, this company has a comparable cost of product (36.7%)
- Visconti Leather Limited
36.7% - Industry AVG
Profitability
an operating margin of 19.9% make it more profitable than the average company (5.5%)
- Visconti Leather Limited
5.5% - Industry AVG
Employees
with 13 employees, this is below the industry average (30)
- Visconti Leather Limited
30 - Industry AVG
Pay Structure
on an average salary of £11.4k, the company has a lower pay structure (£32.6k)
- Visconti Leather Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £144k, this is less efficient (£231.9k)
- Visconti Leather Limited
£231.9k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (30 days)
- Visconti Leather Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (31 days)
- Visconti Leather Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 247 days, this is more than average (74 days)
- Visconti Leather Limited
74 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 146 weeks, this is more cash available to meet short term requirements (22 weeks)
146 weeks - Visconti Leather Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.9%, this is a lower level of debt than the average (56.3%)
18.9% - Visconti Leather Limited
56.3% - Industry AVG
VISCONTI LEATHER LIMITED financials
Visconti Leather Limited's latest turnover from March 2024 is estimated at £1.9 million and the company has net assets of £1.7 million. According to their latest financial statements, we estimate that Visconti Leather Limited has 13 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | 0 | ||||||||||||||
| Profit After Tax | 0 | ||||||||||||||
| Dividends Paid | 0 | ||||||||||||||
| Retained Profit | 0 | ||||||||||||||
| Employee Costs | 148,089 | 94,962 | 82,025 | 140,469 | 0 | ||||||||||
| Number Of Employees | 5 | 5 | 5 | 6 | 6 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,489 | 25,096 | 34,334 | 35,490 | 7,037 | 8,067 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,489 | 25,096 | 34,334 | 35,490 | 7,037 | 8,067 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 802,505 | 766,886 | 715,397 | 0 | 560,588 | 401,228 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 221,159 | 62,308 | 104,026 | 1,368,743 | 129,019 | 143,578 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 1,180 | 17,500 | 0 | 40,333 | 29,204 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,062,674 | 779,296 | 473,332 | 0 | 540,412 | 278,081 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,086,338 | 1,609,670 | 1,310,255 | 1,368,743 | 1,270,352 | 852,091 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 2,103,827 | 1,634,766 | 1,344,589 | 1,404,233 | 1,277,389 | 860,158 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 2,046 | 1,730 | 1,628 | 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 | 0 |
| Trade Creditors | 29,354 | 23,252 | 42,146 | 517,070 | 732,602 | 377,475 | 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 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 345,046 | 185,769 | 175,118 | 0 | 0 | 255,933 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 376,446 | 210,751 | 218,892 | 517,070 | 732,602 | 633,408 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 21,349 | 31,507 | 41,667 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 21,349 | 31,507 | 41,667 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 397,795 | 242,258 | 260,559 | 567,070 | 732,602 | 633,408 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 1,706,032 | 1,392,508 | 1,084,030 | 837,163 | 544,787 | 226,750 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 1,706,032 | 1,392,508 | 1,084,030 | 837,163 | 544,787 | 226,750 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 14,179 | 12,865 | 0 | 2,263 | 2,017 | ||||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Tax | 0 | ||||||||||||||
| Stock | 35,619 | 51,489 | 715,397 | -560,588 | 159,360 | 401,228 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 157,671 | -58,038 | -1,247,217 | 1,199,391 | -3,430 | 172,782 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 6,102 | -18,894 | -474,924 | -215,532 | 355,127 | 377,475 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 159,277 | 10,651 | 175,118 | 0 | -255,933 | 255,933 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 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 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,158 | -10,160 | 41,667 | 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 | 0 |
| other long term liabilities | 0 | 0 | -50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 283,378 | 305,964 | 473,332 | -540,412 | 262,331 | 274,081 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 316 | 102 | 1,628 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 283,062 | 305,862 | 471,704 | -540,412 | 262,331 | 274,081 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
visconti leather limited Credit Report and Business Information
Visconti Leather Limited Competitor Analysis
Perform a competitor analysis for visconti leather limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NW10 area or any other competitors across 12 key performance metrics.
visconti leather limited Ownership
VISCONTI LEATHER LIMITED group structure
Visconti Leather Limited has no subsidiary companies.
Ultimate parent company
VISCONTI LEATHER LIMITED
06957636
visconti leather limited directors
Visconti Leather Limited currently has 1 director, Mr Harpreet Sawhney serving since Jul 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harpreet Sawhney | England | 56 years | Jul 2009 | - | Director |
P&L
March 2024turnover
1.9m
+94%
operating profit
372.9k
0%
gross margin
36.8%
+2.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.7m
+0.23%
total assets
2.1m
+0.29%
cash
1.1m
+0.36%
net assets
Total assets minus all liabilities
visconti leather limited company details
company number
06957636
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
47190 - Other retail sale in non-specialised stores
incorporation date
July 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
east west merchandise limited (June 2017)
accountant
ABACUS PARTNERS (LDN)LLP
auditor
-
address
unit b5,, eldon wall industrial estate, london, NW10 7QY
Bank
BARCLAYS BANK PLC
Legal Advisor
-
visconti leather 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 visconti leather limited.
visconti leather 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.
Click to start generating capital raising & share issue transactions for VISCONTI LEATHER LIMITED. This can take several minutes, an email will notify you when this has completed.
visconti leather limited Companies House Filings - See Documents
| date | description | view/download |
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