vellocet ltd
vellocet ltd Company Information
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
flat 1, 26 clissold crescent, london, N16 9BE
Website
www.vellocet.com.auvellocet ltd Estimated Valuation
Pomanda estimates the enterprise value of VELLOCET LTD at £428.8k based on a Turnover of £775k and 0.55x industry multiple (adjusted for size and gross margin).
vellocet ltd Estimated Valuation
Pomanda estimates the enterprise value of VELLOCET LTD at £522.8k based on an EBITDA of £131.6k and a 3.97x industry multiple (adjusted for size and gross margin).
vellocet ltd Estimated Valuation
Pomanda estimates the enterprise value of VELLOCET LTD at £1.2m based on Net Assets of £493.6k and 2.33x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vellocet Ltd Overview
Vellocet Ltd is a dissolved company that was located in london, N16 9BE with a Companies House number of 07572902. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2011, it's largest shareholder was david cobbold with a 100% stake. The last turnover for Vellocet Ltd was estimated at £775k.
Upgrade for unlimited company reports & a free credit check
Vellocet Ltd Health Check
Pomanda's financial health check has awarded Vellocet Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £775k, make it larger than the average company (£189.3k)
- Vellocet Ltd
£189.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5.4%)
- Vellocet Ltd
5.4% - Industry AVG
Production
with a gross margin of 29.7%, this company has a higher cost of product (53.3%)
- Vellocet Ltd
53.3% - Industry AVG
Profitability
an operating margin of 17% make it more profitable than the average company (7.6%)
- Vellocet Ltd
7.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Vellocet Ltd
4 - Industry AVG
Pay Structure
on an average salary of £46.8k, the company has an equivalent pay structure (£46.8k)
- Vellocet Ltd
£46.8k - Industry AVG
Efficiency
resulting in sales per employee of £775k, this is more efficient (£111.2k)
- Vellocet Ltd
£111.2k - Industry AVG
Debtor Days
it gets paid by customers after 251 days, this is later than average (69 days)
- Vellocet Ltd
69 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (32 days)
- Vellocet Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vellocet Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Vellocet Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.5%, this is a lower level of debt than the average (55.3%)
7.5% - Vellocet Ltd
55.3% - Industry AVG
VELLOCET LTD financials
Vellocet Ltd's latest turnover from May 2020 is estimated at £775 thousand and the company has net assets of £493.6 thousand. According to their latest financial statements, Vellocet Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 533,425 | 429,533 | 336,679 | 234,623 | 16,380 | 15,360 | 11,520 | 0 | 1 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 152,234 | 108,224 | 72,847 | 67,337 | 35,362 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 533,425 | 429,533 | 336,679 | 234,623 | 168,614 | 123,584 | 84,367 | 67,337 | 35,363 |
| total assets | 533,425 | 429,533 | 336,679 | 234,623 | 168,614 | 123,584 | 84,367 | 67,337 | 35,363 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 39,816 | 42,559 | 42,592 | 31,929 | 33,218 | 31,237 | 26,181 | 24,404 | 13,229 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 432 | 0 | 0 | 0 | 299 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 39,816 | 42,559 | 42,592 | 31,929 | 33,650 | 31,237 | 26,181 | 24,404 | 13,528 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 39,816 | 42,559 | 42,592 | 31,929 | 33,650 | 31,237 | 26,181 | 24,404 | 13,528 |
| net assets | 493,609 | 386,974 | 294,087 | 202,694 | 134,964 | 92,347 | 58,186 | 42,933 | 21,835 |
| total shareholders funds | 493,609 | 386,974 | 294,087 | 202,694 | 134,964 | 92,347 | 58,186 | 42,933 | 21,835 |
| May 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 103,892 | 92,854 | 102,056 | 218,243 | 1,020 | 3,840 | 11,520 | -1 | 1 |
| Creditors | -2,743 | -33 | 10,663 | -1,289 | 1,981 | 5,056 | 1,777 | 11,175 | 13,229 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -432 | 432 | 0 | 0 | -299 | 299 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | -152,234 | 44,010 | 35,377 | 5,510 | 31,975 | 35,362 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -152,234 | 44,010 | 35,377 | 5,510 | 31,975 | 35,362 |
vellocet ltd Credit Report and Business Information
Vellocet Ltd Competitor Analysis
Perform a competitor analysis for vellocet ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in N16 area or any other competitors across 12 key performance metrics.
vellocet ltd Ownership
VELLOCET LTD group structure
Vellocet Ltd has no subsidiary companies.
Ultimate parent company
VELLOCET LTD
07572902
vellocet ltd directors
Vellocet Ltd currently has 1 director, Mr David Cobbold serving since Mar 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Cobbold | England | 41 years | Mar 2011 | - | Director |
P&L
May 2020turnover
775k
+20%
operating profit
131.6k
0%
gross margin
29.8%
+7.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2020net assets
493.6k
+0.28%
total assets
533.4k
+0.24%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
vellocet ltd company details
company number
07572902
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
March 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2020
previous names
N/A
accountant
S J D ACCOUNTANCY
auditor
-
address
flat 1, 26 clissold crescent, london, N16 9BE
Bank
-
Legal Advisor
-
vellocet 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 vellocet ltd.
vellocet 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.
Click to start generating capital raising & share issue transactions for VELLOCET LTD. This can take several minutes, an email will notify you when this has completed.
vellocet ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
