vouchedfor ltd

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vouchedfor ltd Company Information

Share VOUCHEDFOR LTD

Company Number

07485300

Directors

Adam Price

Neil Stevens

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Shareholders

fintel iq limited

Group Structure

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Industry

Other information service activities n.e.c.

 

Registered Address

8 waldegrave road, teddington, middlesex, TW11 8HT

vouchedfor ltd Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of VOUCHEDFOR LTD at £2.6m based on a Turnover of £2.8m and 0.92x industry multiple (adjusted for size and gross margin).

vouchedfor ltd Estimated Valuation

£614.4k

Pomanda estimates the enterprise value of VOUCHEDFOR LTD at £614.4k based on an EBITDA of £114.7k and a 5.36x industry multiple (adjusted for size and gross margin).

vouchedfor ltd Estimated Valuation

£473k

Pomanda estimates the enterprise value of VOUCHEDFOR LTD at £473k based on Net Assets of £197.6k and 2.39x industry multiple (adjusted for liquidity).

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Vouchedfor Ltd Overview

Vouchedfor Ltd is a live company located in middlesex, TW11 8HT with a Companies House number of 07485300. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in January 2011, it's largest shareholder is fintel iq limited with a 100% stake. Vouchedfor Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.8m with high growth in recent years.

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Vouchedfor Ltd Health Check

Pomanda's financial health check has awarded Vouchedfor Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £2.8m, make it larger than the average company (£1.2m)

£2.8m - Vouchedfor Ltd

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (7.6%)

24% - Vouchedfor Ltd

7.6% - Industry AVG

production

Production

with a gross margin of 68.4%, this company has a comparable cost of product (68.4%)

68.4% - Vouchedfor Ltd

68.4% - Industry AVG

profitability

Profitability

an operating margin of 3.3% make it less profitable than the average company (5.8%)

3.3% - Vouchedfor Ltd

5.8% - Industry AVG

employees

Employees

with 34 employees, this is above the industry average (20)

34 - Vouchedfor Ltd

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.7k, the company has a higher pay structure (£35.9k)

£56.7k - Vouchedfor Ltd

£35.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £83.1k, this is equally as efficient (£76.3k)

£83.1k - Vouchedfor Ltd

£76.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 21 days, this is earlier than average (35 days)

21 days - Vouchedfor Ltd

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is quicker than average (31 days)

27 days - Vouchedfor Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Vouchedfor Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (68 weeks)

21 weeks - Vouchedfor Ltd

68 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 70.4%, this is a higher level of debt than the average (36.2%)

70.4% - Vouchedfor Ltd

36.2% - Industry AVG

VOUCHEDFOR LTD financials

EXPORTms excel logo

Vouchedfor Ltd's latest turnover from December 2023 is £2.8 million and the company has net assets of £197.6 thousand. According to their latest financial statements, Vouchedfor Ltd has 34 employees and maintains cash reserves of £190.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Jan 2015Jan 2014Jan 2013Jan 2012
Turnover2,825,6282,075,1861,970,9141,499,7621,643,8361,261,679885,8011,502,0751,146,883722,214356,47327,85642,921
Other Income Or Grants
Cost Of Sales893,237784,461644,900508,431633,772490,620301,700577,283454,341277,932128,85611,93017,510
Gross Profit1,932,3911,290,7251,326,014991,3311,010,064771,059584,101924,792692,542444,282227,61715,92625,411
Admin Expenses1,838,1721,515,156991,427771,3981,942,547813,434-891,2382,619,3553,137,0331,198,802451,54334,90042,055
Operating Profit94,219-224,431334,587219,933-932,483-42,3751,475,339-1,694,563-2,444,491-754,520-223,926-18,974-16,644
Interest Payable
Interest Receivable29,8981,9693891,5622,9952,9043,9066,7741,7157842856
Pre-Tax Profit-364,488-194,533336,556220,322-930,921-39,3801,478,243-1,690,657-2,437,717-752,805-223,142-18,689-16,638
Tax-637,480-63,946-41,861-280,866
Profit After Tax-1,001,968-194,533272,610178,461-930,921-39,3801,197,377-1,690,657-2,437,717-752,805-223,142-18,689-16,638
Dividends Paid
Retained Profit-1,001,968-194,533272,610178,461-930,921-39,3801,197,377-1,690,657-2,437,717-752,805-223,142-18,689-16,638
Employee Costs1,927,1341,002,679851,680730,976875,902826,961615,0611,110,344939,551448,606225,15524,71249,412
Number Of Employees34292725292822393318912
EBITDA*114,733-218,375337,030221,526-930,979169,7461,498,919-1,667,393-2,429,108-743,844-216,528-12,061-11,762

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Jan 2015Jan 2014Jan 2013Jan 2012
Tangible Assets14,19216,4829,4083,3062,2491,64915,99839,05955,03431,2905,1226,9449,581
Intangible Assets151,30864196,7671181,1253,0995,2587,41713,537
Investments & Other100260,140
Debtors (Due After 1 year)644,973617,460
Total Fixed Assets165,50016,4829,4083,3062,249646,7861,090,36539,17756,15934,38910,38014,36123,118
Stock & work in progress
Trade Debtors164,406241,998225,503157,499186,82999,57754,59472,45031,43764,99832,9091,5621,498
Group Debtors835,695132,061
Misc Debtors146,374645,989648,515632,886685,956107,004219,606124,41333,897
Cash190,319749,157959,272615,769162,310254,322544,231617,2772,507,756483,914201,930111,6542,347
misc current assets
total current assets501,0991,637,1441,833,2901,406,1541,035,0951,296,598950,492814,1402,573,090548,912234,839113,2163,845
total assets666,5991,653,6261,842,6981,409,4601,037,3441,943,3842,040,857853,3172,629,249583,301245,219127,57726,963
Bank overdraft
Bank loan
Trade Creditors 67,784139,76583,450114,500116,91043,52759,93977,886237,542118,62469,73812,80542,109
Group/Directors Accounts2,3101,267257
other short term finances
hp & lease commitments
other current liabilities401,254423,039473,893282,21586,150132,107174,831167,731101,037
total current liabilities469,038562,804557,343396,715203,060177,944236,037245,874338,579118,62469,73812,80542,109
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions1,392
total long term liabilities1,392
total liabilities469,038562,804557,343396,715203,060177,944236,037245,874338,579118,62469,73812,80543,501
net assets197,5611,090,8221,285,3551,012,745834,2841,765,4401,804,820607,4432,290,670464,677175,481114,772-16,538
total shareholders funds197,5611,090,8221,285,3551,012,745834,2841,765,4401,804,820607,4432,290,670464,677175,481114,772-16,538
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Jan 2015Jan 2014Jan 2013Jan 2012
Operating Activities
Operating Profit94,219-224,431334,587219,933-932,483-42,3751,475,339-1,694,563-2,444,491-754,520-223,926-18,974-16,644
Depreciation8,0846,0562,4431,5931,50415,41823,55325,18913,4088,5175,2394,7493,539
Amortisation12,430196,703271,9811,9752,1592,1592,1641,343
Tax-637,480-63,946-41,861-280,866
Stock
Debtors-577,20713,96983,633-82,400-814,464663,528826,858131,52932,42532,08931,347641,498
Creditors-71,98156,315-31,050-2,41073,383-16,412-17,947-159,656167,80448,88656,933-29,30442,109
Accruals and Deferred Income-21,785-50,854191,678196,065-45,957-42,7247,10066,694101,037
Deferred Taxes & Provisions-1,3921,392
Cash flow from operations-39,306-226,883350,079455,720-89,089-552,918380,348-1,891,884-2,192,692-727,047-190,942-42,82130,241
Investing Activities
capital expenditure-169,532-13,130-8,545-2,650-2,040-1,069-197,168-10,188-61,162-34,685-3,4171,844-28,000
Change in Investments-100-260,040260,140
cash flow from investments-169,532-13,130-8,545-2,650-1,940258,971-457,308-10,188-61,162-34,685-3,4171,844-28,000
Financing Activities
Bank loans
Group/Directors Accounts-2,3101,0431,010257
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue108,707-2357,4304,552,9061,042,001283,851149,999100
interest29,8981,9693891,5622,9952,9043,9066,7741,7157842856
cash flow from financing108,70729,8981,969389-9834,0383,91411,5934,559,6801,043,716284,635150,284106
cash and cash equivalents
cash-558,838-210,115343,503453,459-92,012-289,909-73,046-1,890,4792,305,826281,98490,276109,3072,347
overdraft
change in cash-558,838-210,115343,503453,459-92,012-289,909-73,046-1,890,4792,305,826281,98490,276109,3072,347

vouchedfor ltd 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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Vouchedfor Ltd Competitor Analysis

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Perform a competitor analysis for vouchedfor ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in TW11 area or any other competitors across 12 key performance metrics.

vouchedfor ltd Ownership

VOUCHEDFOR LTD group structure

Vouchedfor Ltd has no subsidiary companies.

Ultimate parent company

2 parents

VOUCHEDFOR LTD

07485300

VOUCHEDFOR LTD Shareholders

fintel iq limited 100%

vouchedfor ltd directors

Vouchedfor Ltd currently has 3 directors. The longest serving directors include Mr Adam Price (Jan 2011) and Mr Neil Stevens (Oct 2023).

officercountryagestartendrole
Mr Adam PriceEngland45 years Jan 2011- Director
Mr Neil StevensEngland47 years Oct 2023- Director
Mr David ThompsonUnited Kingdom48 years Oct 2023- Director

P&L

December 2023

turnover

2.8m

0%

operating profit

94.2k

0%

gross margin

68.4%

-100%

turnover

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

Balance Sheet

December 2023

net assets

197.6k

-0.82%

total assets

666.6k

-0.6%

cash

190.3k

-0.75%

net assets

Total assets minus all liabilities

vouchedfor ltd company details

company number

07485300

Type

Private limited with Share Capital

industry

63990 - Other information service activities n.e.c.

incorporation date

January 2011

age

14

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

ERNST & YOUNG LLP

address

8 waldegrave road, teddington, middlesex, TW11 8HT

Bank

-

Legal Advisor

-

vouchedfor 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 vouchedfor ltd.

vouchedfor ltd 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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vouchedfor ltd Companies House Filings - See Documents

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