verus partners ltd

verus partners ltd Company Information

Share VERUS PARTNERS LTD
Live 
EstablishedMicroDeclining

Company Number

07584044

Industry

Other activities auxiliary to financial services, except insurance and pension funding

 

Shareholders

advisorum limited

Group Structure

View All

Contact

Registered Address

c/o hillier hopkins llp, ground floor, london, SW1Y 5JG

verus partners ltd Estimated Valuation

£510.7k

Pomanda estimates the enterprise value of VERUS PARTNERS LTD at £510.7k based on a Turnover of £496.1k and 1.03x industry multiple (adjusted for size and gross margin).

verus partners ltd Estimated Valuation

£26.3k

Pomanda estimates the enterprise value of VERUS PARTNERS LTD at £26.3k based on an EBITDA of £5.7k and a 4.59x industry multiple (adjusted for size and gross margin).

verus partners ltd Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of VERUS PARTNERS LTD at £2.6m based on Net Assets of £1.1m and 2.47x industry multiple (adjusted for liquidity).

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Verus Partners Ltd Overview

Verus Partners Ltd is a live company located in london, SW1Y 5JG with a Companies House number of 07584044. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in March 2011, it's largest shareholder is advisorum limited with a 100% stake. Verus Partners Ltd is a established, micro sized company, Pomanda has estimated its turnover at £496.1k with declining growth in recent years.

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Verus Partners Ltd Health Check

Pomanda's financial health check has awarded Verus Partners Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £496.1k, make it smaller than the average company (£3m)

£496.1k - Verus Partners Ltd

£3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -43%, show it is growing at a slower rate (6.3%)

-43% - Verus Partners Ltd

6.3% - Industry AVG

production

Production

with a gross margin of 86.2%, this company has a comparable cost of product (86.2%)

86.2% - Verus Partners Ltd

86.2% - Industry AVG

profitability

Profitability

an operating margin of 0.7% make it less profitable than the average company (10.5%)

0.7% - Verus Partners Ltd

10.5% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (14)

3 - Verus Partners Ltd

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £76.8k, the company has an equivalent pay structure (£76.8k)

£76.8k - Verus Partners Ltd

£76.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £165.4k, this is less efficient (£201.6k)

£165.4k - Verus Partners Ltd

£201.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Verus Partners Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (31 days)

0 days - Verus Partners Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Verus Partners Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 73 weeks, this is more cash available to meet short term requirements (40 weeks)

73 weeks - Verus Partners Ltd

40 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.5%, this is a higher level of debt than the average (42.6%)

69.5% - Verus Partners Ltd

42.6% - Industry AVG

VERUS PARTNERS LTD financials

EXPORTms excel logo

Verus Partners Ltd's latest turnover from March 2024 is estimated at £496.1 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Verus Partners Ltd has 3 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover496,0912,568,0512,244,2372,706,4735,048,0024,208,8323,282,6191,791,3511,517,6107,243,1261,667,7053,022,4741,594,327
Other Income Or Grants0000000000000
Cost Of Sales68,417391,408315,628400,727961,387892,166626,340515,890426,0121,931,053488,160923,375435,177
Gross Profit427,6742,176,6431,928,6082,305,7464,086,6153,316,6662,656,2781,275,4611,091,5985,312,0731,179,5452,099,0991,159,151
Admin Expenses424,4212,352,2222,145,7682,449,7234,218,4603,350,6932,135,3371,070,853989,7854,641,3081,006,6222,014,9231,046,112
Operating Profit3,253-175,579-217,160-143,977-131,845-34,027520,941204,608101,813670,765172,92384,176113,039
Interest Payable231016,77518,5630000000
Interest Receivable171,177139,79719,2841,9051,6979,2755,5841,4121,4542,016940549387
Pre-Tax Profit174,428-35,786-197,877-142,072-146,923-43,314526,525206,020103,268672,781173,86484,725113,426
Tax-43,60700000-100,040-41,204-20,653-141,284-39,989-20,334-29,491
Profit After Tax130,821-35,786-197,877-142,072-146,923-43,314426,485164,81682,614531,497133,87564,39183,935
Dividends Paid0000000000000
Retained Profit130,821-35,786-197,877-142,072-146,923-43,314426,485164,81682,614531,497133,87564,39183,935
Employee Costs230,278507,213479,923445,992392,312405,051322,577300,900325,9292,480,006705,7391,191,768560,238
Number Of Employees37776655544122311
EBITDA*5,723-166,545-211,867-137,889-128,139-28,273526,561210,108121,878689,694190,136101,229129,303

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets4,9113,50812,54217,2415,6056,06511,14512,53713,46327,72637,26751,94965,057
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets4,9113,50812,54217,2415,6056,06511,14512,53713,46327,72637,26751,94965,057
Stock & work in progress0000000000000
Trade Debtors0387,369362,795513,5601,087,776914,683706,202329,267220,414659,050153,063268,789159,505
Group Debtors00000000952,0000000
Misc Debtors65,08397,239241,09170,85278,956080,261696,108151,6870000
Cash3,384,8123,136,2343,442,4371,699,9332,110,4681,283,3241,190,0331,043,36586,371495,261311,26264,864154,627
misc current assets0000000000000
total current assets3,449,8953,620,8424,046,3232,284,3453,277,2002,330,7501,976,4962,068,7401,410,4721,154,311464,325333,653314,132
total assets3,454,8063,624,3504,058,8652,301,5863,282,8052,336,8151,987,6412,081,2771,423,9351,182,037501,592385,602379,189
Bank overdraft0422211000000000
Bank loan0000000000000
Trade Creditors 1294,1358,3773,16014,92322,88228,05422,24638,804363,539213,591229,476285,754
Group/Directors Accounts0000000000000
other short term finances00000550,0000000000
hp & lease commitments0000000000000
other current liabilities2,398,4652,694,7823,088,2391,138,3111,965,7060467,174993,103484,0190000
total current liabilities2,398,5942,698,9593,096,6381,141,4821,980,629887,716495,2281,015,349522,823363,539213,591229,476285,754
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities0000000000000
provisions2,7002,7002,7002,7002,70002,7002,7002,7004,7005,7007,7009,400
total long term liabilities2,7002,7002,7002,7002,7002,7002,7002,7002,7004,7005,7007,7009,400
total liabilities2,401,2942,701,6593,099,3381,144,1821,983,329890,416497,9281,018,049525,523368,239219,291237,176295,154
net assets1,053,512922,691959,5271,157,4041,299,4761,446,3991,489,7131,063,228898,412813,798282,301148,42684,035
total shareholders funds1,053,512922,691959,5271,157,4041,299,4761,446,3991,489,7131,063,228898,412813,798282,301148,42684,035
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit3,253-175,579-217,160-143,977-131,845-34,027520,941204,608101,813670,765172,92384,176113,039
Depreciation2,4709,0345,2936,0883,7065,7545,6205,50020,06518,92917,21317,05316,264
Amortisation0000000000000
Tax-43,60700000-100,040-41,204-20,653-141,284-39,989-20,334-29,491
Stock0000000000000
Debtors-419,525-119,27819,474-582,320252,049128,220-238,912-298,726665,051505,987-115,726109,284159,505
Creditors-4,006-4,2425,217-11,763-7,959-5,1725,808-16,558-324,735149,948-15,885-56,278285,754
Accruals and Deferred Income-296,317-393,4571,949,928-827,3951,965,706-467,174-525,929509,084484,0190000
Deferred Taxes & Provisions00002,700-2,70000-2,000-1,000-2,000-1,7009,400
Cash flow from operations81,318-444,9661,723,804-394,7271,580,259-631,539145,312960,156-406,542191,371247,988-86,367235,461
Investing Activities
capital expenditure-3,8730-594-17,724-3,246-674-4,228-4,574-5,802-9,388-2,531-3,945-81,321
Change in Investments0000000000000
cash flow from investments-3,8730-594-17,724-3,246-674-4,228-4,574-5,802-9,388-2,531-3,945-81,321
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000-550,000550,0000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue0-1,0500000002,000000100
interest171,175139,79419,2831,905-15,078-9,2885,5841,4121,4542,016940549387
cash flow from financing171,175138,74419,2831,905-565,078540,7125,5841,4123,4542,016940549487
cash and cash equivalents
cash248,578-306,2031,742,504-410,535827,14493,291146,668956,994-408,890183,999246,398-89,763154,627
overdraft-42201111000000000
change in cash248,620-306,2231,742,493-410,546827,14493,291146,668956,994-408,890183,999246,398-89,763154,627

verus partners 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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Verus Partners Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for verus partners ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SW1Y area or any other competitors across 12 key performance metrics.

verus partners ltd Ownership

VERUS PARTNERS LTD group structure

Verus Partners Ltd has no subsidiary companies.

Ultimate parent company

1 parent

VERUS PARTNERS LTD

07584044

VERUS PARTNERS LTD Shareholders

advisorum limited 100%

verus partners ltd directors

Verus Partners Ltd currently has 1 director, Mr Andrew Elliott serving since Mar 2011.

officercountryagestartendrole
Mr Andrew ElliottUnited Kingdom58 years Mar 2011- Director

P&L

March 2024

turnover

496.1k

-81%

operating profit

3.3k

0%

gross margin

86.3%

+1.71%

turnover

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

Balance Sheet

March 2024

net assets

1.1m

+0.14%

total assets

3.5m

-0.05%

cash

3.4m

+0.08%

net assets

Total assets minus all liabilities

verus partners ltd company details

company number

07584044

Type

Private limited with Share Capital

industry

66190 - Other activities auxiliary to financial services, except insurance and pension funding

incorporation date

March 2011

age

13

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

c/o hillier hopkins llp, ground floor, london, SW1Y 5JG

Bank

-

Legal Advisor

-

verus partners 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 found 1 charges/mortgages relating to verus partners ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

verus partners ltd Companies House Filings - See Documents

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