Pomanda estimates the enterprise value of VARCITY LIVING LIMITED at £6.6m based on a Turnover of £2.2m and 2.97x industry multiple (adjusted for size and gross margin).
varcity living limitedEstimated Valuation
£371.2k
Pomanda estimates the enterprise value of VARCITY LIVING LIMITED at £371.2k based on an EBITDA of £55.7k and a 6.66x industry multiple (adjusted for size and gross margin).
varcity living limitedEstimated Valuation
£3.9m
Pomanda estimates the enterprise value of VARCITY LIVING LIMITED at £3.9m based on Net Assets of £2.2m and 1.78x industry multiple (adjusted for liquidity).
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Varcity Living LimitedOverview
Varcity Living Limited is a live company located in bangor, LL57 1NT with a Companies House number of 07080800. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2009, it's largest shareholder is
varcity management holdings limited
with a 100% stake. Varcity Living Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.2m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Varcity Living Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
2 Weak
Size
annual sales of £2.2m, make it larger than the average company (£666k)
£2.2m - Varcity Living Limited
£666k - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (5.5%)
39% - Varcity Living Limited
5.5% - Industry AVG
Production
with a gross margin of 66.8%, this company has a comparable cost of product (66.8%)
66.8% - Varcity Living Limited
66.8% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (18.5%)
2.4% - Varcity Living Limited
18.5% - Industry AVG
Employees
with 22 employees, this is above the industry average (5)
22 - Varcity Living Limited
5 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
£36.1k - Varcity Living Limited
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £101.4k, this is less efficient (£139.6k)
£101.4k - Varcity Living Limited
£139.6k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is near the average (38 days)
42 days - Varcity Living Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 101 days, this is slower than average (34 days)
101 days - Varcity Living Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Varcity Living Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 40 weeks, this is more cash available to meet short term requirements (29 weeks)
40 weeks - Varcity Living Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.4%, this is a lower level of debt than the average (62.4%)
16.4% - Varcity Living Limited
62.4% - Industry AVG
VARCITY LIVING LIMITED financials
EXPORT
Varcity Living Limited's latest turnover from March 2024 is estimated at £2.2 million and the company has net assets of £2.2 million. According to their latest financial statements, Varcity Living Limited has 22 employees and maintains cash reserves of £328.4 thousand 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
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Turnover
2,231,234
1,844,936
1,436,348
827,049
655,416
1,179,428
745,277
513,852
585,622
1,000,746
952,155
1,188,238
2,628,214
42,274
Other Income Or Grants
Cost Of Sales
741,554
539,254
422,494
236,111
160,877
282,249
183,731
126,387
232,685
440,831
419,600
521,576
1,170,417
19,418
Gross Profit
1,489,680
1,305,682
1,013,853
590,938
494,539
897,178
561,545
387,465
352,938
559,915
532,554
666,662
1,457,797
22,856
Admin Expenses
1,435,553
1,126,235
897,965
525,973
593,377
710,025
-1,038,320
-75,450
122,977
215,750
391,018
491,035
1,343,958
62,328
Operating Profit
54,127
179,447
115,888
64,965
-98,838
187,153
1,599,865
462,915
229,961
344,165
141,536
175,627
113,839
-39,472
Interest Payable
88,575
155,597
141,060
128,780
111,072
91,947
66,156
24,316
Interest Receivable
16,501
8,204
910
143
155
1,077
538
304
558
276
58
61
141
86
Pre-Tax Profit
70,628
187,651
116,798
65,107
-98,683
188,230
1,511,828
307,623
89,459
215,661
30,522
83,741
47,823
-63,702
Tax
-17,657
-35,654
-22,192
-12,370
-35,764
-287,247
-61,524
-17,892
-45,289
-7,020
-20,098
-12,434
Profit After Tax
52,971
151,997
94,606
52,737
-98,683
152,466
1,224,581
246,098
71,567
170,372
23,502
63,643
35,389
-63,702
Dividends Paid
Retained Profit
52,971
151,997
94,606
52,737
-98,683
152,466
1,224,581
246,098
71,567
170,372
23,502
63,643
35,389
-63,702
Employee Costs
795,207
802,689
597,293
464,884
488,756
541,212
549,864
401,198
369,610
235,608
201,233
277,806
583,812
27,431
Number Of Employees
22
23
18
15
16
18
19
14
12
8
7
10
21
1
EBITDA*
55,731
191,133
135,809
89,504
-69,851
204,187
1,619,756
480,703
243,938
355,463
144,592
175,627
113,839
-39,472
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Tangible Assets
16,185
1,135
18,451
36,463
61,002
26,770
24,610
44,501
44,442
27,646
14,309
Intangible Assets
Investments & Other
4,943,500
4,118,000
3,586,000
3,152,000
2,763,563
2,436,000
1,130,490
Debtors (Due After 1 year)
Total Fixed Assets
16,185
1,135
18,451
36,463
61,002
26,770
24,610
4,988,001
4,162,442
3,613,646
3,166,309
2,763,563
2,436,000
1,130,490
Stock & work in progress
Trade Debtors
257,278
196,467
182,852
79,281
20,100
130,919
32,324
19,000
21,211
19,962
30,097
43,806
Group Debtors
1,310
Misc Debtors
2,002,182
1,994,939
2,004,545
1,982,468
1,987,996
1,956,103
1,891,862
28,236
14,568
Cash
328,394
300,234
85,834
156,775
128,976
181,526
105,697
109,474
133,742
89,480
20,745
2,488
21,768
34,520
misc current assets
total current assets
2,587,854
2,491,640
2,273,231
2,218,524
2,137,072
2,268,548
2,029,883
156,710
170,831
109,442
50,842
46,294
21,768
34,520
total assets
2,604,039
2,492,775
2,291,682
2,254,987
2,198,074
2,295,318
2,054,493
5,144,711
4,333,273
3,723,088
3,217,151
2,809,857
2,457,768
1,165,010
Bank overdraft
88,651
86,179
73,654
Bank loan
Trade Creditors
205,844
177,969
108,204
76,725
123,083
50,039
59,986
29,932
17,983
696,659
626,458
757,429
723,319
11,882
Group/Directors Accounts
468,550
other short term finances
hp & lease commitments
17,921
7,130
3,720
other current liabilities
220,551
190,133
193,079
276,484
218,257
308,398
222,957
1,034,039
954,960
total current liabilities
426,395
368,102
301,283
353,209
341,340
358,437
282,943
1,170,543
1,066,252
774,033
626,458
757,429
723,319
480,432
loans
2,636,724
2,167,543
2,012,934
1,875,876
1,541,739
1,287,403
748,180
hp & lease commitments
21,784
23,912
14,265
Accruals and Deferred Income
other liabilities
17,723
23,708
31,401
12,865
provisions
59,804
82,716
5,529
2,862
total long term liabilities
17,723
23,708
31,401
12,865
2,718,312
2,274,171
2,032,728
1,878,738
1,541,739
1,287,403
748,180
total liabilities
426,395
368,102
319,006
376,917
372,741
371,302
282,943
3,888,855
3,340,423
2,806,761
2,505,196
2,299,168
2,010,722
1,228,612
net assets
2,177,644
2,124,673
1,972,676
1,878,070
1,825,333
1,924,016
1,771,550
1,255,856
992,850
916,327
711,955
510,689
447,046
-63,602
total shareholders funds
2,177,644
2,124,673
1,972,676
1,878,070
1,825,333
1,924,016
1,771,550
1,255,856
992,850
916,327
711,955
510,689
447,046
-63,602
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Operating Activities
Operating Profit
54,127
179,447
115,888
64,965
-98,838
187,153
1,599,865
462,915
229,961
344,165
141,536
175,627
113,839
-39,472
Depreciation
1,604
11,686
19,921
24,539
28,987
17,034
19,891
17,788
13,977
11,298
3,056
Amortisation
Tax
-17,657
-35,654
-22,192
-12,370
-35,764
-287,247
-61,524
-17,892
-45,289
-7,020
-20,098
-12,434
Stock
Debtors
68,054
4,009
125,648
53,653
-78,926
162,836
1,876,950
10,147
17,127
-10,135
-13,709
43,806
Creditors
27,875
69,765
31,479
-46,358
73,044
-9,947
30,054
11,949
-678,676
70,201
-130,971
34,110
711,437
11,882
Accruals and Deferred Income
30,418
-2,946
-83,405
58,227
-90,141
85,441
-811,082
79,079
954,960
Deferred Taxes & Provisions
-59,804
-22,912
77,187
2,667
2,862
Cash flow from operations
28,313
218,289
-63,957
35,350
-8,022
81,081
-1,385,273
477,148
562,390
393,177
23,172
145,833
812,842
-27,590
Investing Activities
capital expenditure
-16,654
5,630
-1,909
-63,219
-19,194
-17,847
-30,773
-24,635
-17,365
Change in Investments
-4,943,500
825,500
532,000
434,000
388,437
327,563
1,305,510
1,130,490
cash flow from investments
-16,654
5,630
-1,909
-63,219
-19,194
4,943,500
-843,347
-562,773
-458,635
-405,802
-327,563
-1,305,510
-1,130,490
Financing Activities
Bank loans
Group/Directors Accounts
-468,550
468,550
Other Short Term Loans
Long term loans
-2,636,724
469,181
154,609
137,058
334,137
254,336
539,223
748,180
Hire Purchase and Lease Commitments
-39,705
8,663
13,057
17,985
other long term liabilities
-17,723
-5,985
-7,693
18,536
12,865
share issue
-708,887
16,908
4,956
34,000
177,764
475,259
100
interest
16,501
8,204
910
143
155
1,077
-88,037
-155,293
-140,502
-128,504
-111,014
-91,886
-66,015
-24,230
cash flow from financing
16,501
-9,519
-5,075
-7,550
18,691
13,942
-3,473,353
339,459
32,120
60,539
400,887
162,450
479,917
1,192,600
cash and cash equivalents
cash
28,160
214,400
-70,941
27,799
-52,550
75,829
-3,777
-24,268
44,262
68,735
18,257
-19,280
-12,752
34,520
overdraft
-88,651
2,472
12,525
73,654
change in cash
28,160
214,400
-70,941
27,799
-52,550
75,829
84,874
-26,740
31,737
-4,919
18,257
-19,280
-12,752
34,520
varcity living limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for varcity living limited. Get real-time insights into varcity living limited's credit score, group structure and payment trends.
Perform a competitor analysis for varcity living limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in LL57 area or any other competitors across 12 key performance metrics.
varcity living limited Ownership
VARCITY LIVING LIMITED group structure
Varcity Living Limited has no subsidiary companies.
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 31 charges/mortgages relating to varcity living limited. Currently there are 31 open charges and 0 have been satisfied in the past.
varcity living 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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varcity living limitedCompanies House Filings - See Documents
