vestbrown (newco) limited
vestbrown (newco) limited Company Information
Company Number
07821814
Next Accounts
Sep 2025
Shareholders
rita will trust hogan
trustees of the m.f. & m.r. hogan & grandchildren's settlement
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
dere street house, bowburn north industrial estate, durham, DH6 5PF
Website
-vestbrown (newco) limited Estimated Valuation
Pomanda estimates the enterprise value of VESTBROWN (NEWCO) LIMITED at £68.7m based on a Turnover of £22.3m and 3.08x industry multiple (adjusted for size and gross margin).
vestbrown (newco) limited Estimated Valuation
Pomanda estimates the enterprise value of VESTBROWN (NEWCO) LIMITED at £18.9m based on an EBITDA of £2.9m and a 6.59x industry multiple (adjusted for size and gross margin).
vestbrown (newco) limited Estimated Valuation
Pomanda estimates the enterprise value of VESTBROWN (NEWCO) LIMITED at £36.4m based on Net Assets of £23.1m and 1.58x industry multiple (adjusted for liquidity).
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Vestbrown (newco) Limited Overview
Vestbrown (newco) Limited is a live company located in durham, DH6 5PF with a Companies House number of 07821814. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2011, it's largest shareholder is rita will trust hogan with a 77.8% stake. Vestbrown (newco) Limited is a established, large sized company, Pomanda has estimated its turnover at £22.3m with declining growth in recent years.
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Vestbrown (newco) Limited Health Check
Pomanda's financial health check has awarded Vestbrown (Newco) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
5 Weak
Size
annual sales of £22.3m, make it larger than the average company (£919.3k)
£22.3m - Vestbrown (newco) Limited
£919.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.8%)
-2% - Vestbrown (newco) Limited
2.8% - Industry AVG
Production
with a gross margin of 22.3%, this company has a higher cost of product (70.5%)
22.3% - Vestbrown (newco) Limited
70.5% - Industry AVG
Profitability
an operating margin of 9% make it less profitable than the average company (24%)
9% - Vestbrown (newco) Limited
24% - Industry AVG
Employees
with 82 employees, this is above the industry average (4)
82 - Vestbrown (newco) Limited
4 - Industry AVG
Pay Structure
on an average salary of £49.3k, the company has a higher pay structure (£38k)
£49.3k - Vestbrown (newco) Limited
£38k - Industry AVG
Efficiency
resulting in sales per employee of £272.5k, this is more efficient (£185k)
£272.5k - Vestbrown (newco) Limited
£185k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (25 days)
16 days - Vestbrown (newco) Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (33 days)
18 days - Vestbrown (newco) Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 299 days, this is less than average (387 days)
299 days - Vestbrown (newco) Limited
387 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 92 weeks, this is more cash available to meet short term requirements (8 weeks)
92 weeks - Vestbrown (newco) Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.2%, this is a lower level of debt than the average (64.3%)
20.2% - Vestbrown (newco) Limited
64.3% - Industry AVG
VESTBROWN (NEWCO) LIMITED financials
Vestbrown (Newco) Limited's latest turnover from December 2023 is £22.3 million and the company has net assets of £23.1 million. According to their latest financial statements, Vestbrown (Newco) Limited has 82 employees and maintains cash reserves of £11.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,349,052 | 27,141,931 | 17,382,866 | 23,721,644 | 20,082,834 | 13,973,671 | 6,541,436 | 7,741,464 | 13,480,912 | |||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 17,364,158 | 23,067,082 | 14,115,468 | 19,528,733 | 17,482,190 | 11,933,314 | 5,492,666 | 5,072,698 | 5,451,773 | |||
| Gross Profit | 4,984,894 | 4,074,849 | 3,267,398 | 4,192,911 | 2,600,644 | 2,040,357 | 1,048,770 | 2,668,766 | 8,029,139 | |||
| Admin Expenses | 2,983,058 | 2,329,356 | 1,082,706 | 861,087 | 1,427,492 | 1,941,415 | 439,613 | 728,776 | 600,427 | |||
| Operating Profit | 2,001,836 | 1,745,493 | 2,184,692 | 3,331,824 | 1,173,152 | 98,942 | 609,157 | 1,939,990 | 7,428,712 | |||
| Interest Payable | 312,535 | 145,103 | 275,860 | 530,827 | 567,527 | 236,964 | 26,242 | 38,498 | 172,665 | |||
| Interest Receivable | 305,819 | 35,585 | 475,379 | 816,343 | 623,172 | 28,369 | 21,858 | 3,978 | 5,989 | |||
| Pre-Tax Profit | 1,995,120 | 1,635,975 | 2,384,211 | 4,059,903 | 1,228,797 | 219,369 | 766,126 | 1,867,764 | 7,646,214 | |||
| Tax | -467,525 | -571,087 | -215,061 | -874,801 | -144,366 | 7,521 | -144,271 | -424,453 | -1,789,925 | |||
| Profit After Tax | 1,527,595 | 1,064,888 | 2,169,150 | 3,185,102 | 1,084,431 | 226,890 | 621,855 | 1,443,311 | 5,856,289 | |||
| Dividends Paid | 192,500 | 1,186,580 | 148,404 | 28,000 | 80,500 | 548,977 | 476,370 | 1,898,757 | ||||
| Retained Profit | 785,323 | -431,735 | 1,661,166 | 2,611,493 | 1,091,713 | -102,001 | 40,386 | 289,398 | 3,158,252 | |||
| Employee Costs | 4,046,517 | 3,452,880 | 1,419,866 | 1,253,606 | 1,059,580 | 2,156,753 | 13,780 | 11,186 | 69,372 | |||
| Number Of Employees | 82 | 79 | 34 | 28 | 25 | 22 | 3 | 3 | 3 | |||
| EBITDA* | 2,870,866 | 1,966,309 | 2,209,308 | 3,348,538 | 1,180,505 | 107,540 | 643,861 | 1,957,590 | 7,556,503 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,269,605 | 1,030,582 | 88,609 | 50,504 | 30,586 | 18,357 | 21,582 | 27,953 | 2,003 | |||
| Intangible Assets | 289,010 | 385,347 | 42,500 | 70,833 | ||||||||
| Investments & Other | 128 | 128 | 128 | 128 | 128 | 128 | 54,657 | 54,657 | 23,917 | 51,027 | 13,517 | 54,657 |
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 1,558,743 | 1,416,057 | 88,737 | 50,632 | 30,714 | 18,485 | 54,657 | 54,657 | 87,999 | 149,813 | 15,520 | 54,657 |
| Stock & work in progress | 14,263,381 | 15,260,409 | 17,728,129 | 13,390,250 | 19,563,842 | 20,817,902 | 13,442,415 | 6,824,423 | 5,554,949 | |||
| Trade Debtors | 1,031,129 | 1,992,061 | 124,220 | 58,821 | 92,410 | 46,086 | 117,390 | 393,485 | 1,257,534 | 856,675 | ||
| Group Debtors | 557,117 | 549,391 | 5,000 | 695,047 | 647,425 | |||||||
| Misc Debtors | 4,845,856 | 4,687,614 | 5,431,668 | 8,996,177 | 8,142,681 | 3,106,226 | 3,011,391 | 2,855,458 | 4,426,936 | |||
| Cash | 11,138,301 | 9,536,153 | 9,532,578 | 12,011,221 | 4,674,572 | 3,002,562 | 10,422 | 7,902 | 5,070,130 | 9,178,408 | 7,769,796 | |
| misc current assets | ||||||||||||
| total current assets | 31,278,667 | 31,476,237 | 32,816,595 | 34,456,469 | 32,473,505 | 26,972,776 | 567,539 | 557,293 | 21,646,326 | 19,946,821 | 19,656,640 | 856,675 |
| total assets | 32,837,410 | 32,892,294 | 32,905,332 | 34,507,101 | 32,504,219 | 26,991,261 | 622,196 | 611,950 | 21,734,325 | 20,096,634 | 19,672,160 | 911,332 |
| Bank overdraft | ||||||||||||
| Bank loan | 1,934,494 | 2,251,543 | 2,634,127 | 4,415,245 | 6,275,005 | 3,441,687 | ||||||
| Trade Creditors | 864,109 | 1,429,557 | 1,451,683 | 781,198 | 788,518 | 972,560 | 194,193 | 170,686 | 189,834 | 900,000 | ||
| Group/Directors Accounts | 71,589 | 7,042 | 208,589 | |||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | 230,252 | |||||||||||
| other current liabilities | 3,240,095 | 3,734,901 | 4,431,498 | 6,372,463 | 5,692,265 | 3,830,604 | 7,500 | 4,805,423 | 4,616,164 | 4,950,570 | ||
| total current liabilities | 6,268,950 | 7,416,001 | 8,517,308 | 11,568,906 | 12,755,788 | 8,244,851 | 7,500 | 5,071,205 | 4,793,892 | 5,348,993 | 900,000 | |
| loans | 410,253 | |||||||||||
| hp & lease commitments | 174,268 | 131,187 | 30,240 | |||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 1,300,000 | 12,583 | ||||||||||
| provisions | 192,419 | 138,042 | 3,404 | 4,662 | ||||||||
| total long term liabilities | 366,687 | 679,482 | 33,644 | 4,662 | 1,300,000 | 12,583 | ||||||
| total liabilities | 6,635,637 | 8,095,483 | 8,550,952 | 11,573,568 | 12,755,788 | 8,244,851 | 7,500 | 6,371,205 | 4,806,475 | 5,348,993 | 900,000 | |
| net assets | 23,104,087 | 22,318,764 | 21,476,911 | 20,415,644 | 17,804,151 | 16,712,438 | 614,696 | 611,950 | 14,612,670 | 14,376,307 | 13,706,609 | 11,332 |
| total shareholders funds | 23,104,087 | 22,318,764 | 21,476,911 | 20,415,644 | 17,804,151 | 16,712,438 | 614,696 | 611,950 | 14,612,670 | 14,376,307 | 13,706,609 | 11,332 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 2,001,836 | 1,745,493 | 2,184,692 | 3,331,824 | 1,173,152 | 98,942 | 609,157 | 1,939,990 | 7,428,712 | |||
| Depreciation | 772,693 | 124,479 | 24,616 | 16,714 | 7,353 | 8,558 | 6,371 | 3,433 | 430 | |||
| Amortisation | 96,337 | 96,337 | 40 | 28,333 | 14,167 | 127,361 | ||||||
| Tax | -467,525 | -571,087 | -215,061 | -874,801 | -144,366 | 7,521 | -144,271 | -424,453 | -1,789,925 | |||
| Stock | -997,028 | -2,467,720 | 4,337,879 | -6,173,592 | -1,254,060 | 20,817,902 | -13,442,415 | 6,617,992 | 1,269,474 | 5,554,949 | ||
| Debtors | -802,690 | 1,123,787 | -3,499,110 | 819,907 | 5,082,779 | 2,595,195 | 7,726 | -2,584,390 | -810,209 | -2,387,905 | 5,475,220 | 856,675 |
| Creditors | -565,448 | -22,126 | 670,485 | -7,320 | -184,042 | 972,560 | -194,193 | 23,507 | -19,148 | -710,166 | 900,000 | |
| Accruals and Deferred Income | -494,806 | -696,597 | -1,940,965 | 680,198 | 1,861,661 | 3,823,104 | 7,500 | -4,805,423 | 189,259 | -334,406 | 4,950,570 | |
| Deferred Taxes & Provisions | 54,377 | 134,638 | -1,258 | 4,662 | ||||||||
| Cash flow from operations | 3,197,182 | 2,155,070 | -116,260 | 8,504,962 | -1,114,961 | -18,502,372 | -5,095,427 | 2,298,014 | -1,023,187 | |||
| Investing Activities | ||||||||||||
| capital expenditure | -129,094 | |||||||||||
| Change in Investments | -54,529 | 30,740 | -27,110 | 37,510 | -41,140 | 54,657 | ||||||
| cash flow from investments | 54,529 | 27,110 | -37,510 | -87,954 | ||||||||
| Financing Activities | ||||||||||||
| Bank loans | -317,049 | -382,584 | -1,781,118 | -1,859,760 | 2,833,318 | 3,441,687 | ||||||
| Group/Directors Accounts | -71,589 | 64,547 | -201,547 | 208,589 | ||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -410,253 | 410,253 | ||||||||||
| Hire Purchase and Lease Commitments | 273,333 | 100,947 | 30,240 | |||||||||
| other long term liabilities | -1,300,000 | 1,287,417 | 12,583 | |||||||||
| share issue | ||||||||||||
| interest | -6,716 | -109,518 | 199,519 | 285,516 | 55,645 | -208,595 | -4,384 | -34,520 | -166,676 | |||
| cash flow from financing | -460,685 | 1,292,686 | -2,151,258 | -1,574,244 | 2,888,963 | 19,432,835 | 1,543,557 | 156,816 | 10,578,938 | |||
| cash and cash equivalents | ||||||||||||
| cash | 1,602,148 | 3,575 | -2,478,643 | 7,336,649 | 1,672,010 | 2,992,140 | 2,520 | -5,062,228 | -4,108,278 | 1,408,612 | 7,769,796 | |
| overdraft | ||||||||||||
| change in cash | 1,602,148 | 3,575 | -2,478,643 | 7,336,649 | 1,672,010 | 2,992,140 | 2,520 | -5,062,228 | -4,108,278 | 1,408,612 | 7,769,796 |
vestbrown (newco) limited Credit Report and Business Information
Vestbrown (newco) Limited Competitor Analysis
Perform a competitor analysis for vestbrown (newco) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in DH6 area or any other competitors across 12 key performance metrics.
vestbrown (newco) limited Ownership
VESTBROWN (NEWCO) LIMITED group structure
Vestbrown (Newco) Limited has 1 subsidiary company.
vestbrown (newco) limited directors
Vestbrown (Newco) Limited currently has 3 directors. The longest serving directors include Mr Michael Hogan (Oct 2011) and Ms Marie McQuaid (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Hogan | 80 years | Oct 2011 | - | Director | |
| Ms Marie McQuaid | England | 49 years | Nov 2019 | - | Director |
| Mr Michael Hogan | United Kingdom | 51 years | Oct 2024 | - | Director |
P&L
December 2023turnover
22.3m
-18%
operating profit
2m
+15%
gross margin
22.4%
+48.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
23.1m
+0.04%
total assets
32.8m
0%
cash
11.1m
+0.17%
net assets
Total assets minus all liabilities
Similar Companies
vestbrown (newco) limited company details
company number
07821814
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
October 2011
age
14
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ARMSTRONG WATSON AUDIT LIMITED
address
dere street house, bowburn north industrial estate, durham, DH6 5PF
Bank
HANDELSBANKEN
Legal Advisor
-
vestbrown (newco) 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 vestbrown (newco) limited.
vestbrown (newco) 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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vestbrown (newco) limited Companies House Filings - See Documents
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