versa engineering limited
versa engineering limited Company Information
Company Number
06984632
Next Accounts
Sep 2025
Shareholders
formation lighting limited
Group Structure
View All
Industry
Manufacture of electric lighting equipment
Registered Address
unit 1 evercreech way, highbridge, TA9 4AR
Website
www.versaengineering.comversa engineering limited Estimated Valuation
Pomanda estimates the enterprise value of VERSA ENGINEERING LIMITED at £138.8k based on a Turnover of £282.5k and 0.49x industry multiple (adjusted for size and gross margin).
versa engineering limited Estimated Valuation
Pomanda estimates the enterprise value of VERSA ENGINEERING LIMITED at £0 based on an EBITDA of £-957 and a 3.47x industry multiple (adjusted for size and gross margin).
versa engineering limited Estimated Valuation
Pomanda estimates the enterprise value of VERSA ENGINEERING LIMITED at £362.5k based on Net Assets of £201.4k and 1.8x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Versa Engineering Limited Overview
Versa Engineering Limited is a live company located in highbridge, TA9 4AR with a Companies House number of 06984632. It operates in the manufacture of electric lighting equipment sector, SIC Code 27400. Founded in August 2009, it's largest shareholder is formation lighting limited with a 100% stake. Versa Engineering Limited is a established, micro sized company, Pomanda has estimated its turnover at £282.5k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Versa Engineering Limited Health Check
Pomanda's financial health check has awarded Versa Engineering Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £282.5k, make it smaller than the average company (£12.1m)
- Versa Engineering Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -50%, show it is growing at a slower rate (4.6%)
- Versa Engineering Limited
4.6% - Industry AVG
Production
with a gross margin of 35.1%, this company has a comparable cost of product (35.1%)
- Versa Engineering Limited
35.1% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (6.9%)
- Versa Engineering Limited
6.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (56)
4 - Versa Engineering Limited
56 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
- Versa Engineering Limited
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £70.6k, this is less efficient (£187.3k)
- Versa Engineering Limited
£187.3k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (54 days)
- Versa Engineering Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (30 days)
- Versa Engineering Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Versa Engineering Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Versa Engineering Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.1%, this is a lower level of debt than the average (48.6%)
7.1% - Versa Engineering Limited
48.6% - Industry AVG
VERSA ENGINEERING LIMITED financials
Versa Engineering Limited's latest turnover from December 2023 is estimated at £282.5 thousand and the company has net assets of £201.4 thousand. According to their latest financial statements, Versa Engineering Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 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 | 4 | 10 | 40 | 32 | 38 | 29 | 24 | 19 | 18 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,549 | 15,549 | 56,903 | 541,414 | 558,024 | 506,921 | 536,802 | 532,777 | 46,394 | 52,326 | 41,345 | 34,040 | 22,358 | 22,232 |
| Intangible Assets | ||||||||||||||
| Investments & Other | 2,060 | 101 | 100 | |||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 15,549 | 15,549 | 58,963 | 541,515 | 558,124 | 506,921 | 536,802 | 532,777 | 46,394 | 52,326 | 41,345 | 34,040 | 22,358 | 22,232 |
| Stock & work in progress | 171,720 | 761,602 | 792,504 | 566,151 | 616,349 | 373,325 | 266,888 | 250,764 | 138,128 | 62,250 | 60,748 | 68,977 | ||
| Trade Debtors | 3,671 | 162,321 | 443,945 | 154,888 | 374,465 | 218,981 | 335,260 | 162,928 | 113,741 | 141,337 | 143,663 | 161,248 | 156,293 | 45,819 |
| Group Debtors | 195,111 | |||||||||||||
| Misc Debtors | 2,528 | 2,528 | 98,388 | 390 | 1,865 | 1,750 | 4,784 | 7,734 | 10,823 | |||||
| Cash | 36,461 | 151,973 | 715,064 | 175,637 | 194,288 | 38,643 | 7,469 | 304,535 | 76,332 | 176,267 | 73,026 | 136,398 | 29,076 | |
| misc current assets | 393 | 2,629 | ||||||||||||
| total current assets | 201,310 | 201,310 | 866,026 | 1,631,944 | 1,344,471 | 981,170 | 995,036 | 551,456 | 695,987 | 468,826 | 460,687 | 296,524 | 353,439 | 143,872 |
| total assets | 216,859 | 216,859 | 924,989 | 2,173,459 | 1,902,595 | 1,488,091 | 1,531,838 | 1,084,233 | 742,381 | 521,152 | 502,032 | 330,564 | 375,797 | 166,104 |
| Bank overdraft | 30,864 | 16,992 | 17,352 | 17,493 | ||||||||||
| Bank loan | 83,001 | |||||||||||||
| Trade Creditors | 15,489 | 15,489 | 286,416 | 79,037 | 94,160 | 67,276 | 259,885 | 143,607 | 73,255 | 142,721 | 163,167 | 230,597 | 131,987 | |
| Group/Directors Accounts | 3 | 133 | 219,240 | 61,491 | ||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 798 | 4,473 | 15,718 | 5,550 | 5,550 | |||||||||
| other current liabilities | 170,307 | 290,596 | 222,379 | 198,691 | 248,501 | 114,236 | 109,920 | |||||||
| total current liabilities | 15,489 | 15,489 | 456,726 | 452,767 | 567,441 | 348,923 | 541,456 | 280,886 | 188,725 | 142,721 | 163,167 | 230,597 | 131,987 | |
| loans | 233,394 | 267,967 | 230,383 | 246,785 | 263,781 | |||||||||
| hp & lease commitments | 798 | 2,080 | 3,238 | 8,788 | ||||||||||
| Accruals and Deferred Income | 1,692 | 2,392 | ||||||||||||
| other liabilities | 191,094 | |||||||||||||
| provisions | 10,812 | 4,024 | 27,256 | 6,857 | 11,221 | 10,559 | 8,912 | 10,114 | 7,191 | 5,526 | 3,710 | 3,600 | ||
| total long term liabilities | 10,812 | 239,110 | 297,615 | 238,038 | 260,086 | 277,578 | 17,700 | 10,114 | 198,285 | 5,526 | 3,710 | 3,600 | ||
| total liabilities | 15,489 | 15,489 | 467,538 | 691,877 | 865,056 | 586,961 | 801,542 | 558,464 | 206,425 | 152,835 | 198,285 | 168,693 | 234,307 | 135,587 |
| net assets | 201,370 | 201,370 | 457,451 | 1,481,582 | 1,037,539 | 901,130 | 730,296 | 525,769 | 535,956 | 368,317 | 303,747 | 161,871 | 141,490 | 30,517 |
| total shareholders funds | 201,370 | 201,370 | 457,451 | 1,481,582 | 1,037,539 | 901,130 | 730,296 | 525,769 | 535,956 | 368,317 | 303,747 | 161,871 | 141,490 | 30,517 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 7,659 | 34,128 | 38,522 | 37,378 | 42,818 | 54,380 | 41,827 | 38,957 | 30,211 | 13,782 | 11,347 | 7,228 | 11,676 | |
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | -171,720 | -589,882 | -30,902 | 226,353 | -50,198 | 243,024 | 106,437 | 16,124 | 112,636 | 75,878 | 1,502 | -8,229 | 68,977 | |
| Debtors | 36,461 | -377,484 | 387,055 | -221,052 | 155,599 | -119,313 | 169,382 | 46,098 | -16,773 | -2,326 | -17,585 | 4,955 | 110,474 | 45,819 |
| Creditors | -270,927 | 207,379 | -15,123 | 26,884 | -192,609 | 116,278 | 70,352 | -69,466 | 142,721 | -163,167 | -67,430 | 98,610 | 131,987 | |
| Accruals and Deferred Income | -170,307 | -121,981 | 67,517 | 26,080 | -49,810 | 134,265 | 4,316 | 109,920 | ||||||
| Deferred Taxes & Provisions | -10,812 | 6,788 | -23,232 | 20,399 | -4,364 | 662 | 1,647 | -1,202 | 2,923 | 1,665 | 1,816 | 110 | 3,600 | |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -2,060 | 1,959 | 1 | 100 | ||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -83,001 | 83,001 | ||||||||||||
| Group/Directors Accounts | -3 | -130 | -219,107 | 157,749 | 61,491 | |||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -233,394 | -34,573 | 37,584 | -16,402 | -16,996 | 263,781 | ||||||||
| Hire Purchase and Lease Commitments | -798 | -4,473 | -12,527 | 9,010 | -5,550 | 14,338 | ||||||||
| other long term liabilities | -191,094 | 191,094 | ||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -36,461 | -115,512 | -563,091 | 539,427 | -18,651 | 155,645 | 31,174 | -297,066 | 228,203 | -99,935 | 103,241 | -63,372 | 107,322 | 29,076 |
| overdraft | -30,864 | 13,872 | -360 | -141 | 17,493 | |||||||||
| change in cash | -36,461 | -115,512 | -563,091 | 570,291 | -32,523 | 156,005 | 31,315 | -314,559 | 228,203 | -99,935 | 103,241 | -63,372 | 107,322 | 29,076 |
versa engineering limited Credit Report and Business Information
Versa Engineering Limited Competitor Analysis
Perform a competitor analysis for versa engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in TA9 area or any other competitors across 12 key performance metrics.
versa engineering limited Ownership
VERSA ENGINEERING LIMITED group structure
Versa Engineering Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
VERSA ENGINEERING LIMITED
06984632
2 subsidiaries
versa engineering limited directors
Versa Engineering Limited currently has 4 directors. The longest serving directors include Mr Andrew Barber (Dec 2021) and Mrs Julie Doyle (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Barber | England | 43 years | Dec 2021 | - | Director |
| Mrs Julie Doyle | England | 53 years | Dec 2021 | - | Director |
| Mr Adam Jolliffe | England | 55 years | Dec 2021 | - | Director |
| Mr Joseph Koch | England | 42 years | Dec 2021 | - | Director |
P&L
December 2023turnover
282.5k
-73%
operating profit
-957.1
0%
gross margin
35.2%
+4.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
201.4k
0%
total assets
216.9k
0%
cash
0
-1%
net assets
Total assets minus all liabilities
versa engineering limited company details
company number
06984632
Type
Private limited with Share Capital
industry
27400 - Manufacture of electric lighting equipment
incorporation date
August 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
DAFFERNS LLP
auditor
-
address
unit 1 evercreech way, highbridge, TA9 4AR
Bank
-
Legal Advisor
-
versa engineering 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 3 charges/mortgages relating to versa engineering limited. Currently there are 0 open charges and 3 have been satisfied in the past.
versa engineering 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 VERSA ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.
versa engineering limited Companies House Filings - See Documents
| date | description | view/download |
|---|
