Venture Technical Limited

POWER SEARCH PRICING

SOLUTIONS

venture technical limited Company Information

Live

EstablishedMicroDeclining

Company Number

07232114

Next Accounts

Dec 2024

Industry

Other software publishing

Directors

Robert Varga

Shareholders

robert varga

keith potter

Group Structure

View All

Contact

Registered Address

c/o mercer & hole the pinnacle, 170 midsummer boulevard, milton keynes, MK9 1BP

Website

www.tiaraven.com

venture technical limited Estimated Valuation

£189.3k

Pomanda estimates the enterprise value of VENTURE TECHNICAL LIMITED at £189.3k based on an EBITDA of £41.5k and a 4.56x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Venture Technical Limited is a live company located in milton keynes, MK9 1BP with a Companies House number of 07232114. It operates in the other software publishing sector, SIC Code 58290. Founded in April 2010, it's largest shareholder is robert varga with a 82.5% stake. Venture Technical Limited is a established, micro sized company, Pomanda has estimated its turnover at £79.6k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Venture Technical Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

2 Regular

6 Weak

Size

annual sales of £79.6k, make it smaller than the average company (£5.3m)

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (5.6%)

EXPORT

Venture Technical Limited's latest turnover from March 2023 is estimated at £79.6 thousand and the company has net assets of £48.2 thousand. According to their latest financial statements, Venture Technical Limited has 1 employee and maintains cash reserves of £274.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	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	79,615	85,821	127,808	124,996	115,796	228,699	247,688	211,417	143,409	66,890	194,091	14,698	1,375
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	22,399	23,500	40,817	42,243	38,593	79,015	72,816	67,921	40,676	20,931	56,402	4,439	365
Gross Profit	57,215	62,321	86,992	82,753	77,203	149,684	174,873	143,495	102,733	45,959	137,689	10,260	1,010
Admin Expenses	16,182	55,303	91,992	100,406	79,704	129,913	165,803	143,392	95,916	45,753	136,861	9,873	1,644
Operating Profit	41,033	7,018	-5,000	-17,653	-2,501	19,771	9,070	103	6,817	206	828	387	-634
Interest Payable	3,436	2,797	1,373	0	0	0	0	0	0	0	0	0	0
Interest Receivable	10,352	1,530	166	133	907	405	122	183	71	8	2	1	1
Pre-Tax Profit	47,949	5,751	-6,207	-17,520	-1,594	20,177	9,193	286	6,889	214	830	388	-633
Tax	-9,110	-1,093	0	0	0	-3,834	-1,838	-57	-1,447	-49	-199	-101	0
Profit After Tax	38,839	4,658	-6,207	-17,520	-1,594	16,343	7,354	229	5,442	165	631	287	-633
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	38,839	4,658	-6,207	-17,520	-1,594	16,343	7,354	229	5,442	165	631	287	-633
Employee Costs	79,218	73,084	71,060	67,844	62,952	129,377	124,064	116,913	117,425	58,536	110,333	57,051	58,458
Number Of Employees	1	1	1	1	1	2	2	2	2	1	2	1	1
EBITDA*	41,488	7,931	-3,754	-16,799	-1,527	21,591	10,599	1,017	6,817	206	828	387	-634

* Earnings Before Interest, Tax, Depreciation and Amortisation

	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	1,363	1,818	2,731	3,977	1,348	1,283	2,843	3,323	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	1,363	1,818	2,731	3,977	1,348	1,283	2,843	3,323	0	0	0	0	0
Stock & work in progress	28,603	44,775	21,454	4,900	4,717	0	0	0	0	0	0	0	0
Trade Debtors	78	836	0	0	0	0	0	0	25,205	12,458	34,712	2,591	0
Group Debtors	206	206	314	5,023	0	46,151	94,912	33,337	0	0	0	0	0
Misc Debtors	0	2	5,218	42,310	91,028	98,060	155,219	97,574	0	0	0	0	0
Cash	274,801	212,329	195,664	135,996	130,384	111,496	50,602	47,226	26,123	2,411	833	18	394
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	303,688	258,148	222,650	188,229	226,129	255,707	300,733	178,137	51,328	14,869	35,545	2,609	394
total assets	305,051	259,966	225,381	192,206	227,477	256,990	303,576	181,460	51,328	14,869	35,545	2,609	394
Bank overdraft	9,000	9,000	8,250	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	6,263	8,810	1,464	11,623	2,303	2,065	0	1,968	45,435	14,418	35,259	2,954	1,026
Group/Directors Accounts	80,436	139,532	118,873	111,503	121,812	154,031	241,734	109,537	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	141,008	64,384	55,347	58,176	74,938	70,876	48,167	63,634	0	0	0	0	0
total current liabilities	236,707	221,726	183,934	181,302	199,053	226,972	289,901	175,139	45,435	14,418	35,259	2,954	1,026
loans	20,150	28,885	36,750	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	20,150	28,885	36,750	0	0	0	0	0	0	0	0	0	0
total liabilities	256,857	250,611	220,684	181,302	199,053	226,972	289,901	175,139	45,435	14,418	35,259	2,954	1,026
net assets	48,194	9,355	4,697	10,904	28,424	30,018	13,675	6,321	5,893	451	286	-345	-632
total shareholders funds	48,194	9,355	4,697	10,904	28,424	30,018	13,675	6,321	5,893	451	286	-345	-632

	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	41,033	7,018	-5,000	-17,653	-2,501	19,771	9,070	103	6,817	206	828	387	-634
Depreciation	455	913	1,246	854	974	1,820	1,529	914	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-9,110	-1,093	0	0	0	-3,834	-1,838	-57	-1,447	-49	-199	-101	0
Stock	-16,172	23,321	16,554	183	4,717	0	0	0	0	0	0	0	0
Debtors	-760	-4,488	-41,801	-43,695	-53,183	-105,920	119,220	105,706	12,747	-22,254	32,121	2,591	0
Creditors	-2,547	7,346	-10,159	9,320	238	2,065	-1,968	-43,467	31,017	-20,841	32,305	1,928	1,026
Accruals and Deferred Income	76,624	9,037	-2,829	-16,762	4,062	22,709	-15,467	63,634	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	123,387	4,388	8,505	19,271	51,239	148,451	-127,894	-84,579	23,640	1,570	813	-377	392
Investing Activities
capital expenditure	0	0	0	-3,483	-1,039	-260	-1,049	-4,237	0	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	-3,483	-1,039	-260	-1,049	-4,237	0	0	0	0	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-59,096	20,659	7,370	-10,309	-32,219	-87,703	132,197	109,537	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-8,735	-7,865	36,750	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	199	0	0	0	0	1
interest	6,916	-1,267	-1,207	133	907	405	122	183	71	8	2	1	1
cash flow from financing	-60,915	11,527	42,913	-10,176	-31,312	-87,298	132,319	109,919	71	8	2	1	2
cash and cash equivalents
cash	62,472	16,665	59,668	5,612	18,888	60,894	3,376	21,103	23,712	1,578	815	-376	394
overdraft	0	750	8,250	0	0	0	0	0	0	0	0	0	0
change in cash	62,472	15,915	51,418	5,612	18,888	60,894	3,376	21,103	23,712	1,578	815	-376	394

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for venture technical limited. Get real-time insights into venture technical limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for venture technical limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in MK9 area or any other competitors across 12 key performance metrics.

VENTURE TECHNICAL LIMITED group structure

Venture Technical Limited has no subsidiary companies.

Ultimate parent company

VENTURE TECHNICAL LIMITED

07232114

VENTURE TECHNICAL LIMITED Shareholders

robert varga	82.5%
keith potter	17.5%

Venture Technical Limited currently has 1 director, Mr Robert Varga serving since Apr 2010.

officer	country	age	start	end	role
Mr Robert Varga	England	46 years	Apr 2010	-	Director

P&L

March 2023

turnover

79.6k

-7%

operating profit

41k

gross margin

71.9%

-1.04%

turnover

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

Balance Sheet

March 2023

net assets

48.2k

+4.15%

total assets

305.1k

+0.17%

cash

274.8k

+0.29%

net assets

Total assets minus all liabilities

Similar Companies

0.5

1.5

company number

07232114

Type

Private limited with Share Capital

industry

58290 - Other software publishing

incorporation date

April 2010

ultimate parent company

None

previous names

N/A

address

c/o mercer & hole the pinnacle, 170 midsummer boulevard, milton keynes, MK9 1BP

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 venture technical limited.

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 VENTURE TECHNICAL LIMITED. This can take several minutes, an email will notify you when this has completed.

venture technical limited Company Information

venture technical limited Estimated Valuation

venture technical limited Estimated Valuation

venture technical limited Estimated Valuation

Venture Technical Limited Overview

Venture Technical Limited Health Check

VENTURE TECHNICAL LIMITED financials

venture technical limited Credit Report and Business Information

Venture Technical Limited Competitor Analysis

venture technical limited Ownership

venture technical limited directors

venture technical limited company details

venture technical limited Charges & Mortgages

venture technical limited Capital Raised & Share Issues BETA

venture technical limited Companies House Filings - See Documents