veston limited

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veston limited Company Information

Share VESTON LIMITED

Company Number

07734078

Shareholders

form online assets management ltd

Group Structure

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Industry

Wholesale of other machinery and equipment

 +1

Registered Address

enterprise house, 2 pass street, oldham, manchester, OL9 6HZ

veston limited Estimated Valuation

£96k

Pomanda estimates the enterprise value of VESTON LIMITED at £96k based on a Turnover of £263.2k and 0.36x industry multiple (adjusted for size and gross margin).

veston limited Estimated Valuation

£6.5k

Pomanda estimates the enterprise value of VESTON LIMITED at £6.5k based on an EBITDA of £1.7k and a 3.78x industry multiple (adjusted for size and gross margin).

veston limited Estimated Valuation

£40.9k

Pomanda estimates the enterprise value of VESTON LIMITED at £40.9k based on Net Assets of £15.3k and 2.67x industry multiple (adjusted for liquidity).

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Veston Limited Overview

Veston Limited is a live company located in oldham, OL9 6HZ with a Companies House number of 07734078. It operates in the wholesale of machine tools sector, SIC Code 46620. Founded in August 2011, it's largest shareholder is form online assets management ltd with a 100% stake. Veston Limited is a established, micro sized company, Pomanda has estimated its turnover at £263.2k with healthy growth in recent years.

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Veston Limited Health Check

Pomanda's financial health check has awarded Veston Limited 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 £263.2k, make it smaller than the average company (£14.7m)

£263.2k - Veston Limited

£14.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.7%)

4% - Veston Limited

5.7% - Industry AVG

production

Production

with a gross margin of 22.4%, this company has a higher cost of product (29.6%)

22.4% - Veston Limited

29.6% - Industry AVG

profitability

Profitability

an operating margin of 0.7% make it less profitable than the average company (5.6%)

0.7% - Veston Limited

5.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (41)

1 - Veston Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.8k, the company has an equivalent pay structure (£46.8k)

£46.8k - Veston Limited

£46.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £263.2k, this is equally as efficient (£300.3k)

£263.2k - Veston Limited

£300.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (66 days)

93 days - Veston Limited

66 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 94 days, this is slower than average (42 days)

94 days - Veston Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Veston Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Veston Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77.7%, this is a higher level of debt than the average (52.4%)

77.7% - Veston Limited

52.4% - Industry AVG

VESTON LIMITED financials

EXPORTms excel logo

Veston Limited's latest turnover from July 2023 is estimated at £263.2 thousand and the company has net assets of £15.3 thousand. According to their latest financial statements, we estimate that Veston Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012
Turnover263,212253,801227,526231,744191,139155,39173,16859,63331,54220,03529,3343,662
Other Income Or Grants000000000000
Cost Of Sales204,383195,806179,217180,189149,440122,73057,46046,12824,15715,43222,4162,836
Gross Profit58,82957,99548,31051,55441,69932,66115,70713,5057,3854,6026,918826
Admin Expenses57,10557,02749,29451,28039,76130,88114,05112,2714,7062,6111,83891
Operating Profit1,724968-9842741,9381,7801,6561,2342,6791,9915,080735
Interest Payable000000000000
Interest Receivable0000081761181061147722
Pre-Tax Profit1,724968-9842741,9381,8601,7321,3532,7852,1055,157757
Tax-431-1840-52-368-353-329-270-557-442-1,186-182
Profit After Tax1,293784-9842221,5701,5071,4031,0822,2281,6633,971575
Dividends Paid000000000000
Retained Profit1,293784-9842221,5701,5071,4031,0822,2281,6633,971575
Employee Costs46,83744,04343,99343,64843,09241,83438,85838,06038,12037,00438,52337,977
Number Of Employees111111111111
EBITDA*1,724968-9842741,9381,7801,9501,5282,9732,2845,080735

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012
Tangible Assets000000029358788100
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets000000029358788100
Stock & work in progress000000000000
Trade Debtors67,42764,60358,51457,99852,62241,594000000
Group Debtors000000000000
Misc Debtors1,1141,1151,1081,1591,29501,139001,0381,1081,037
Cash00000032,24328,36918,96623,49922,0528,680
misc current assets000001,138000000
total current assets68,54165,71859,62259,15753,91742,73233,38228,36918,96624,53723,1609,717
total assets68,54165,71859,62259,15753,91742,73233,38228,66219,55325,41823,1609,717
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 52,67451,14445,83244,55539,54229,92721,02415,3898,6915,7808,5151,037
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities0000001,4343,7532,42413,42810,0988,104
total current liabilities52,67451,14445,83244,55539,54229,92722,45819,14211,11519,20818,6139,141
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income552552552380375375000000
other liabilities111111100000
provisions000000000000
total long term liabilities553553553381376376100000
total liabilities53,22751,69746,38544,93639,91830,30322,45919,14211,11519,20818,6139,141
net assets15,31414,02113,23714,22113,99912,42910,9239,5208,4386,2104,547576
total shareholders funds15,31414,02113,23714,22113,99912,42910,9239,5208,4386,2104,547576
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012
Operating Activities
Operating Profit1,724968-9842741,9381,7801,6561,2342,6791,9915,080735
Depreciation00000029429429429300
Amortisation000000000000
Tax-431-1840-52-368-353-329-270-557-442-1,186-182
Stock000000000000
Debtors2,8236,0964655,24012,32340,4551,1390-1,038-70711,037
Creditors1,5305,3121,2775,0139,6158,9035,6356,6982,911-2,7357,4781,037
Accruals and Deferred Income0017250-1,059-2,3191,329-11,0043,3301,9948,104
Deferred Taxes & Provisions000000000000
Cash flow from operations0000-1,138-31,1843,7989,285-4,6392,50713,2958,657
Investing Activities
capital expenditure000000-100-1,17400
Change in Investments000000000000
cash flow from investments000000-100-1,17400
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities000000100000
share issue00000-1000001
interest0000081761181061147722
cash flow from financing0000080771181061147723
cash and cash equivalents
cash00000-32,2433,8749,403-4,5331,44713,3728,680
overdraft000000000000
change in cash00000-32,2433,8749,403-4,5331,44713,3728,680

veston 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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Veston Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for veston limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in OL9 area or any other competitors across 12 key performance metrics.

veston limited Ownership

VESTON LIMITED group structure

Veston Limited has no subsidiary companies.

Ultimate parent company

2 parents

VESTON LIMITED

07734078

VESTON LIMITED Shareholders

form online assets management ltd 100%

veston limited directors

Veston Limited currently has 2 directors. The longest serving directors include Mr Peter Doyle (Aug 2022) and Mr Peter Doyle (Aug 2022).

officercountryagestartendrole
Mr Peter DoyleNorthern Ireland56 years Aug 2022- Director
Mr Peter DoyleNorthern Ireland56 years Aug 2022- Director

P&L

July 2023

turnover

263.2k

+4%

operating profit

1.7k

0%

gross margin

22.4%

-2.19%

turnover

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

Balance Sheet

July 2023

net assets

15.3k

+0.09%

total assets

68.5k

+0.04%

cash

0

0%

net assets

Total assets minus all liabilities

veston limited company details

company number

07734078

Type

Private limited with Share Capital

industry

46690 - Wholesale of other machinery and equipment

46620 - Wholesale of machine tools

incorporation date

August 2011

age

14

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

July 2023

previous names

N/A

accountant

-

auditor

-

address

enterprise house, 2 pass street, oldham, manchester, OL9 6HZ

Bank

-

Legal Advisor

-

veston 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 veston limited.

veston limited 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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veston limited Companies House Filings - See Documents

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