vatease international limited

vatease international limited Company Information

Share VATEASE INTERNATIONAL LIMITED
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Company Number

07161935

Industry

Tax consultancy

 

Shareholders

simone michelle hurst

Group Structure

View All

Contact

Registered Address

windsor house 44 high road, balby, doncaster, south yorkshire, DN4 0PL

Website

-

vatease international limited Estimated Valuation

£183.8k

Pomanda estimates the enterprise value of VATEASE INTERNATIONAL LIMITED at £183.8k based on a Turnover of £145k and 1.27x industry multiple (adjusted for size and gross margin).

vatease international limited Estimated Valuation

£8.6k

Pomanda estimates the enterprise value of VATEASE INTERNATIONAL LIMITED at £8.6k based on an EBITDA of £1.7k and a 5.02x industry multiple (adjusted for size and gross margin).

vatease international limited Estimated Valuation

£667

Pomanda estimates the enterprise value of VATEASE INTERNATIONAL LIMITED at £667 based on Net Assets of £210 and 3.18x industry multiple (adjusted for liquidity).

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Vatease International Limited Overview

Vatease International Limited is a live company located in doncaster, DN4 0PL with a Companies House number of 07161935. It operates in the tax consultancy sector, SIC Code 69203. Founded in February 2010, it's largest shareholder is simone michelle hurst with a 100% stake. Vatease International Limited is a established, micro sized company, Pomanda has estimated its turnover at £145k with healthy growth in recent years.

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Vatease International Limited Health Check

Pomanda's financial health check has awarded Vatease International Limited a 2.5 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

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

6 Weak

size

Size

annual sales of £145k, make it smaller than the average company (£212k)

£145k - Vatease International Limited

£212k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.9%)

6% - Vatease International Limited

8.9% - Industry AVG

production

Production

with a gross margin of 81.9%, this company has a comparable cost of product (81.9%)

81.9% - Vatease International Limited

81.9% - Industry AVG

profitability

Profitability

an operating margin of 0.6% make it less profitable than the average company (6.6%)

0.6% - Vatease International Limited

6.6% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Vatease International Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.3k, the company has an equivalent pay structure (£56.3k)

£56.3k - Vatease International Limited

£56.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £36.3k, this is less efficient (£89.6k)

£36.3k - Vatease International Limited

£89.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 34 days, this is earlier than average (77 days)

34 days - Vatease International Limited

77 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (30 days)

7 days - Vatease International Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 68 days, this is less than average (87 days)

68 days - Vatease International Limited

87 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 20 weeks, this is average cash available to meet short term requirements (20 weeks)

20 weeks - Vatease International Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (53.2%)

99.4% - Vatease International Limited

53.2% - Industry AVG

VATEASE INTERNATIONAL LIMITED financials

EXPORTms excel logo

Vatease International Limited's latest turnover from February 2024 is estimated at £145 thousand and the company has net assets of £210. According to their latest financial statements, Vatease International Limited has 4 employees and maintains cash reserves of £12.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Turnover145,041145,523142,761121,69496,11287,193112,259221,27995,306175,463195,704149,482255,038118,356
Other Income Or Grants00000000000000
Cost Of Sales26,21924,04822,40515,6433,9046,18326,37841,8939,83516,29314,0851,28817,6519,437
Gross Profit118,822121,476120,356106,05192,20881,01085,881179,38685,470159,170181,619148,194237,386108,920
Admin Expenses117,967133,725104,213101,76892,00679,82798,731161,28998,723153,920182,148149,794233,13497,068
Operating Profit855-12,24916,1434,2832021,183-12,85018,097-13,2535,250-529-1,6004,25211,852
Interest Payable1,4032,3401,8971,36980558473978947700000
Interest Receivable55937685178273229191611366
Pre-Tax Profit11-14,21314,3312,931-521672-13,56617,316-13,7115,266-518-1,5974,25811,858
Tax-30-2,723-5570-1280-3,4630-1,10600-1,107-3,320
Profit After Tax8-14,21311,6082,374-521544-13,56613,853-13,7114,160-518-1,5973,1518,538
Dividends Paid00000000000000
Retained Profit8-14,21311,6082,374-521544-13,56613,853-13,7114,160-518-1,5973,1518,538
Employee Costs225,143193,399124,559148,375100,156126,71696,02993,60469,438131,330107,69285,593107,56969,574
Number Of Employees44453333232232
EBITDA*1,717-11,30217,0876,2572,9663,845-10,12820,816-10,5266,534-63-1,1384,69312,236

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Tangible Assets4,9185,3715,9982,3443,9555,7328,39410,72713,11115,8382,6342,6242,4962,177
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)003,66200000000000
Total Fixed Assets4,9185,3719,6602,3443,9555,7328,39410,72713,11115,8382,6342,6242,4962,177
Stock & work in progress4,91011,8106,1285,193001,99710,5745,4704,9501,2605,4625,4004,400
Trade Debtors13,59318,01116,41416,14614,6855,87010,19324,14011,15121,09422,10021,68931,94515,724
Group Debtors00000000000000
Misc Debtors41065730,4215,68815,1106,2189,984012,63700000
Cash12,1479,1359,64324,2029,11312,7316,6502,3004,5013,0083,5041,00202,438
misc current assets00000000000000
total current assets31,06039,61362,60651,22938,90824,81928,82437,01433,75929,05226,86428,15337,34522,562
total assets35,97844,98472,26653,57342,86330,55137,21847,74146,87044,89029,49830,77739,84124,739
Bank overdraft5,0135,21518,84126,18418,6875,15212,1499,62110,95800000
Bank loan00000000000000
Trade Creditors 5183,0792,6713,0796,1932,7642,6300024,88219,82420,58528,05216,101
Group/Directors Accounts540000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities24,88027,08423,00221,50317,55021,68122,02923,18932,07100000
total current liabilities30,46535,37844,51450,76642,43029,59736,80832,81043,02924,88219,82420,58528,05216,101
loans5,3039,40413,33700009553,71800000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities0000000006,1740000
provisions00000000000000
total long term liabilities5,3039,40413,33700009553,7186,1740000
total liabilities35,76844,78257,85150,76642,43029,59736,80833,76546,74731,05619,82420,58528,05216,101
net assets21020214,4152,80743395441013,97612313,8349,67410,19211,7898,638
total shareholders funds21020214,4152,80743395441013,97612313,8349,67410,19211,7898,638
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Operating Activities
Operating Profit855-12,24916,1434,2832021,183-12,85018,097-13,2535,250-529-1,6004,25211,852
Depreciation8629479441,9742,7642,6622,7222,7192,7271,284466462441384
Amortisation00000000000000
Tax-30-2,723-5570-1280-3,4630-1,10600-1,107-3,320
Stock-6,9005,6829355,1930-1,997-8,5775,1045203,690-4,202621,0004,400
Debtors-4,665-31,82928,663-7,96117,707-8,089-3,9633522,694-1,006411-10,25616,22115,724
Creditors-2,561408-408-3,1143,4291342,6300-24,8825,058-761-7,46711,95116,101
Accruals and Deferred Income-2,2044,0821,4993,953-4,131-348-1,160-8,88232,07100000
Deferred Taxes & Provisions00000000000000
Cash flow from operations8,51419,335-14,1439,307-15,44313,5893,8823,015-6,5517,8022,9671,589-1,6844,893
Investing Activities
capital expenditure-409-320-4,598-363-9870-389-3350-14,488-476-590-760-2,561
Change in Investments00000000000000
cash flow from investments-409-320-4,598-363-9870-389-3350-14,488-476-590-760-2,561
Financing Activities
Bank loans00000000000000
Group/Directors Accounts540000000000000
Other Short Term Loans 00000000000000
Long term loans-4,101-3,93313,337000-955-2,7633,71800000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000-6,1746,1740000
share issue0000000000000100
interest-844-1,964-1,812-1,352-723-511-717-780-4581611366
cash flow from financing-4,891-5,89711,525-1,352-723-511-1,672-3,543-2,9146,1901136106
cash and cash equivalents
cash3,012-508-14,55915,089-3,6186,0814,350-2,2011,493-4962,5021,002-2,4382,438
overdraft-202-13,626-7,3437,49713,535-6,9972,528-1,33710,95800000
change in cash3,21413,118-7,2167,592-17,15313,0781,822-864-9,465-4962,5021,002-2,4382,438

vatease international limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Vatease International Limited Competitor Analysis

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Perform a competitor analysis for vatease international limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in DN4 area or any other competitors across 12 key performance metrics.

vatease international limited Ownership

VATEASE INTERNATIONAL LIMITED group structure

Vatease International Limited has no subsidiary companies.

Ultimate parent company

VATEASE INTERNATIONAL LIMITED

07161935

VATEASE INTERNATIONAL LIMITED Shareholders

simone michelle hurst 100%

vatease international limited directors

Vatease International Limited currently has 2 directors. The longest serving directors include Mrs Simone Hurst (Feb 2010) and Mr Max Hurst-Franks (Feb 2022).

officercountryagestartendrole
Mrs Simone HurstUnited Kingdom52 years Feb 2010- Director
Mr Max Hurst-Franks26 years Feb 2022- Director

P&L

February 2024

turnover

145k

0%

operating profit

854.6

0%

gross margin

82%

-1.86%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

210

+0.04%

total assets

36k

-0.2%

cash

12.1k

+0.33%

net assets

Total assets minus all liabilities

vatease international limited company details

company number

07161935

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

incorporation date

February 2010

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

LEWIS'S

auditor

-

address

windsor house 44 high road, balby, doncaster, south yorkshire, DN4 0PL

Bank

-

Legal Advisor

-

vatease international 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 vatease international limited.

charges

vatease international limited Companies House Filings - See Documents

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