venrec group limited
venrec group limited Company Information
Company Number
07158262
Next Accounts
Dec 2025
Shareholders
robert andrew coleman
stephanie joanne coleman
View AllGroup Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
4 kings row armstrong road, maidstone, kent, ME15 6AQ
Website
www.venrec.co.ukvenrec group limited Estimated Valuation
Pomanda estimates the enterprise value of VENREC GROUP LIMITED at £39.6k based on a Turnover of £255.2k and 0.16x industry multiple (adjusted for size and gross margin).
venrec group limited Estimated Valuation
Pomanda estimates the enterprise value of VENREC GROUP LIMITED at £24.2k based on an EBITDA of £8.8k and a 2.75x industry multiple (adjusted for size and gross margin).
venrec group limited Estimated Valuation
Pomanda estimates the enterprise value of VENREC GROUP LIMITED at £21.5k based on Net Assets of £16.8k and 1.28x industry multiple (adjusted for liquidity).
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Venrec Group Limited Overview
Venrec Group Limited is a live company located in kent, ME15 6AQ with a Companies House number of 07158262. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in February 2010, it's largest shareholder is robert andrew coleman with a 40% stake. Venrec Group Limited is a established, micro sized company, Pomanda has estimated its turnover at £255.2k with rapid growth in recent years.
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Venrec Group Limited Health Check
Pomanda's financial health check has awarded Venrec Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
6 Regular
4 Weak
Size
annual sales of £255.2k, make it smaller than the average company (£7.1m)
- Venrec Group Limited
£7.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (8.4%)
- Venrec Group Limited
8.4% - Industry AVG
Production
with a gross margin of 22.8%, this company has a comparable cost of product (22.8%)
- Venrec Group Limited
22.8% - Industry AVG
Profitability
an operating margin of 3.4% make it as profitable than the average company (3%)
- Venrec Group Limited
3% - Industry AVG
Employees
with 4 employees, this is below the industry average (41)
4 - Venrec Group Limited
41 - Industry AVG
Pay Structure
on an average salary of £50.4k, the company has an equivalent pay structure (£50.4k)
- Venrec Group Limited
£50.4k - Industry AVG
Efficiency
resulting in sales per employee of £63.8k, this is less efficient (£143.3k)
- Venrec Group Limited
£143.3k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is near the average (41 days)
- Venrec Group Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (8 days)
- Venrec Group Limited
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Venrec Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (12 weeks)
12 weeks - Venrec Group Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.4%, this is a similar level of debt than the average (64.8%)
70.4% - Venrec Group Limited
64.8% - Industry AVG
VENREC GROUP LIMITED financials
Venrec Group Limited's latest turnover from March 2024 is estimated at £255.2 thousand and the company has net assets of £16.8 thousand. According to their latest financial statements, Venrec Group Limited has 4 employees and maintains cash reserves of £6.3 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 | Oct 2018 | Jul 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 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 | 4 | 3 | 3 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Oct 2018 | Jul 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,162 | 745 | 993 | 1,324 | 1,766 | 1,254 | |||||||||
| Intangible Assets | 292 | 792 | 1,292 | 1,292 | |||||||||||
| Investments & Other | 1,000 | 1,000 | 1,090 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,162 | 745 | 993 | 1,616 | 2,558 | 3,546 | 3,546 | 1,090 | |||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 26,418 | 26,215 | 41,035 | 8,310 | 11,614 | ||||||||||
| Group Debtors | 20,000 | 33,227 | |||||||||||||
| Misc Debtors | 2,972 | 350 | 565 | 5,706 | |||||||||||
| Cash | 6,308 | 17,293 | 17,644 | 7,381 | 1,018 | 765 | 765 | 100 | 100 | ||||||
| misc current assets | |||||||||||||||
| total current assets | 55,698 | 43,858 | 91,906 | 16,256 | 12,632 | 6,471 | 6,471 | 100 | 100 | ||||||
| total assets | 56,860 | 44,603 | 92,899 | 17,872 | 15,190 | 10,017 | 10,017 | 1,190 | 100 | ||||||
| Bank overdraft | 2,592 | 2,592 | 2,592 | 2,165 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 431 | 801 | |||||||||||||
| Group/Directors Accounts | 1,205 | 26,205 | 2,771 | 1,484 | |||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 23,635 | 13,439 | 26,298 | 4,334 | 5,233 | 31,793 | 1,090 | 1,090 | |||||||
| total current liabilities | 26,658 | 17,236 | 55,896 | 9,270 | 6,717 | 31,793 | 31,793 | 1,090 | |||||||
| loans | 13,390 | 15,981 | 18,573 | 21,335 | 23,500 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 13,390 | 15,981 | 18,573 | 21,335 | 23,500 | ||||||||||
| total liabilities | 40,048 | 33,217 | 74,469 | 30,605 | 30,217 | 31,793 | 31,793 | 1,090 | |||||||
| net assets | 16,812 | 11,386 | 18,430 | -12,733 | -15,027 | -21,776 | -21,776 | 100 | 100 | ||||||
| total shareholders funds | 16,812 | 11,386 | 18,430 | -12,733 | -15,027 | -21,776 | -21,776 | 100 | 100 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Oct 2018 | Jul 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 228 | 248 | 331 | 442 | 588 | 146 | |||||||||
| Amortisation | 292 | 500 | 208 | ||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 22,825 | -47,697 | 65,387 | -2,739 | 5,908 | 5,706 | |||||||||
| Creditors | 431 | -801 | 801 | ||||||||||||
| Accruals and Deferred Income | 10,196 | -12,859 | 21,964 | -899 | -26,560 | 30,703 | 1,090 | 1,090 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1,000 | 1,000 | 1,090 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,205 | -25,000 | 23,434 | 1,287 | 1,484 | ||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -2,591 | -2,592 | -2,762 | -2,165 | 23,500 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -10,985 | -351 | 10,263 | 6,363 | 253 | 665 | 100 | ||||||||
| overdraft | 427 | 2,165 | |||||||||||||
| change in cash | -10,985 | -351 | 9,836 | 4,198 | 253 | 665 | 100 |
venrec group limited Credit Report and Business Information
Venrec Group Limited Competitor Analysis
Perform a competitor analysis for venrec group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in ME15 area or any other competitors across 12 key performance metrics.
venrec group limited Ownership
VENREC GROUP LIMITED group structure
Venrec Group Limited has 1 subsidiary company.
venrec group limited directors
Venrec Group Limited currently has 3 directors. The longest serving directors include Mrs Venetia Smith (Feb 2010) and Mrs Stephanie Coleman (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Venetia Smith | England | 54 years | Feb 2010 | - | Director |
| Mrs Stephanie Coleman | England | 29 years | Oct 2019 | - | Director |
| Mr Robert Coleman | England | 29 years | Feb 2025 | - | Director |
P&L
March 2024turnover
255.2k
-8%
operating profit
8.6k
0%
gross margin
22.8%
-9.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
16.8k
+0.48%
total assets
56.9k
+0.27%
cash
6.3k
-0.64%
net assets
Total assets minus all liabilities
venrec group limited company details
company number
07158262
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
February 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
vertax franchising limited (July 2018)
accountant
MACKENZIES ACCOUNTANTS LIMITED
auditor
-
address
4 kings row armstrong road, maidstone, kent, ME15 6AQ
Bank
-
Legal Advisor
-
venrec group 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 venrec group limited.
venrec group 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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venrec group limited Companies House Filings - See Documents
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