vch travel ltd
vch travel ltd Company Information
Company Number
07152438
Next Accounts
Nov 2024
Industry
Travel agency activities
Shareholders
mrs katy jane jones
martin jones
View AllGroup Structure
View All
Contact
Registered Address
34 falcon court, preston farm business park, stockton-on-tees, TS18 3TX
Website
www.verycheapholidays.co.ukvch travel ltd Estimated Valuation
Pomanda estimates the enterprise value of VCH TRAVEL LTD at £1.4m based on a Turnover of £2.9m and 0.47x industry multiple (adjusted for size and gross margin).
vch travel ltd Estimated Valuation
Pomanda estimates the enterprise value of VCH TRAVEL LTD at £542.9k based on an EBITDA of £205k and a 2.65x industry multiple (adjusted for size and gross margin).
vch travel ltd Estimated Valuation
Pomanda estimates the enterprise value of VCH TRAVEL LTD at £307.1k based on Net Assets of £277.4k and 1.11x industry multiple (adjusted for liquidity).
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Vch Travel Ltd Overview
Vch Travel Ltd is a dissolved company that was located in stockton-on-tees, TS18 3TX with a Companies House number of 07152438. It operated in the travel agency activities sector, SIC Code 79110. Founded in February 2010, it's largest shareholder was mrs katy jane jones with a 38% stake. The last turnover for Vch Travel Ltd was estimated at £2.9m.
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Vch Travel Ltd Health Check
Pomanda's financial health check has awarded Vch Travel Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £2.9m, make it smaller than the average company (£7.6m)
- Vch Travel Ltd
£7.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (4.6%)
- Vch Travel Ltd
4.6% - Industry AVG
Production
with a gross margin of 20.6%, this company has a comparable cost of product (20.6%)
- Vch Travel Ltd
20.6% - Industry AVG
Profitability
an operating margin of 4% make it more profitable than the average company (2.5%)
- Vch Travel Ltd
2.5% - Industry AVG
Employees
with 15 employees, this is below the industry average (41)
15 - Vch Travel Ltd
41 - Industry AVG
Pay Structure
on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)
- Vch Travel Ltd
£32.5k - Industry AVG
Efficiency
resulting in sales per employee of £191.2k, this is less efficient (£273.2k)
- Vch Travel Ltd
£273.2k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is later than average (26 days)
- Vch Travel Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (33 days)
- Vch Travel Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vch Travel Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Vch Travel Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.6%, this is a lower level of debt than the average (73.2%)
64.6% - Vch Travel Ltd
73.2% - Industry AVG
VCH TRAVEL LTD financials
Vch Travel Ltd's latest turnover from April 2018 is estimated at £2.9 million and the company has net assets of £277.4 thousand. According to their latest financial statements, Vch Travel Ltd has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 15 | 14 | 15 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 21,710 | 19,481 | 19,565 | 19,408 | 15,028 | 16,687 | 22,738 | 19,675 |
| Intangible Assets | 339,942 | 188,602 | 164,670 | 93,746 | 71,381 | 42,412 | 16,470 | 15,668 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 361,652 | 208,083 | 184,235 | 113,154 | 86,409 | 59,099 | 39,208 | 35,343 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 266,982 | 117,349 | 97,878 | 451,759 | 274,728 | 301,152 | 218,303 | 97,180 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 154,549 | 153,621 | 260,637 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 4,151 | 0 | 34 | 214 | 9 | 152 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 421,531 | 275,121 | 358,515 | 451,793 | 274,942 | 301,161 | 218,455 | 97,180 |
| total assets | 783,183 | 483,204 | 542,750 | 564,947 | 361,351 | 360,260 | 257,663 | 132,523 |
| Bank overdraft | 54,634 | 4,685 | 16,975 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 101,003 | 86,989 | 118,117 | 403,425 | 287,959 | 264,460 | 223,793 | 118,187 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 141,832 | 197,709 | 178,416 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 297,469 | 289,383 | 313,508 | 403,425 | 287,959 | 264,460 | 223,793 | 118,187 |
| loans | 205,256 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 3,028 | 2,894 | 35,688 | 21,217 | 15,557 | 9,717 | 5,277 | 3,869 |
| total long term liabilities | 208,284 | 2,894 | 35,688 | 21,217 | 15,557 | 9,717 | 5,277 | 3,869 |
| total liabilities | 505,753 | 292,277 | 349,196 | 424,642 | 303,516 | 274,177 | 229,070 | 122,056 |
| net assets | 277,430 | 190,927 | 193,554 | 140,305 | 57,835 | 86,083 | 28,593 | 10,467 |
| total shareholders funds | 277,430 | 190,927 | 193,554 | 140,305 | 57,835 | 86,083 | 28,593 | 10,467 |
| Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 7,054 | 7,899 | 8,953 | 8,807 | 6,050 | 8,253 | 11,247 | 5,023 |
| Amortisation | 82,584 | 76,986 | 52,885 | 19,519 | 21,472 | 3,836 | 6,698 | 3,622 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 150,561 | -87,545 | -93,244 | 177,031 | -26,424 | 82,849 | 121,123 | 97,180 |
| Creditors | 14,014 | -31,128 | -285,308 | 115,466 | 23,499 | 40,667 | 105,606 | 118,187 |
| Accruals and Deferred Income | -55,877 | 19,293 | 178,416 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 134 | -32,794 | 14,471 | 5,660 | 5,840 | 4,440 | 1,408 | 3,869 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 205,256 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -4,151 | 4,151 | -34 | -180 | 205 | -143 | 152 | 0 |
| overdraft | 49,949 | -12,290 | 16,975 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -54,100 | 16,441 | -17,009 | -180 | 205 | -143 | 152 | 0 |
vch travel ltd Credit Report and Business Information
Vch Travel Ltd Competitor Analysis
Perform a competitor analysis for vch travel ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in TS18 area or any other competitors across 12 key performance metrics.
vch travel ltd Ownership
VCH TRAVEL LTD group structure
Vch Travel Ltd has no subsidiary companies.
Ultimate parent company
VCH TRAVEL LTD
07152438
vch travel ltd directors
Vch Travel Ltd currently has 2 directors. The longest serving directors include Mr Nicholas Jackson (Feb 2010) and Mr Martin Jones (Apr 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Jackson | England | 59 years | Feb 2010 | - | Director |
| Mr Martin Jones | 52 years | Apr 2012 | - | Director |
P&L
April 2018turnover
2.9m
+34%
operating profit
115.4k
0%
gross margin
20.6%
+12.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2018net assets
277.4k
+0.45%
total assets
783.2k
+0.62%
cash
0
-1%
net assets
Total assets minus all liabilities
vch travel ltd company details
company number
07152438
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
February 2010
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2018
previous names
very cheap holidays limited (June 2016)
beachpeople (27) ltd (April 2011)
accountant
-
auditor
-
address
34 falcon court, preston farm business park, stockton-on-tees, TS18 3TX
Bank
-
Legal Advisor
-
vch travel ltd 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 vch travel ltd.
vch travel ltd Companies House Filings - See Documents
| date | description | view/download |
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