vortech food machinery limited Company Information
Company Number
07999691
Website
www.vortechfm.comRegistered Address
unit 2 blenheim court, brownfields, welwyn garden city, herts, AL7 1AD
Industry
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
Telephone
08452583003
Next Accounts Due
June 2024
Group Structure
View All
Directors
David Edwards12 Years
Shareholders
david william edwards 100%
vortech food machinery limited Estimated Valuation
The estimated valuation range for vortech food machinery limited, derived from financial data as of September 2022 and the most recent industry multiples, is between £12k to £1.5m
vortech food machinery limited Estimated Valuation
The estimated valuation range for vortech food machinery limited, derived from financial data as of September 2022 and the most recent industry multiples, is between £12k to £1.5m
vortech food machinery limited Estimated Valuation
The estimated valuation range for vortech food machinery limited, derived from financial data as of September 2022 and the most recent industry multiples, is between £12k to £1.5m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Vortech Food Machinery Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Vortech Food Machinery Limited Overview
Vortech Food Machinery Limited is a live company located in welwyn garden city, AL7 1AD with a Companies House number of 07999691. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in March 2012, it's largest shareholder is david william edwards with a 100% stake. Vortech Food Machinery Limited is a established, small sized company, Pomanda has estimated its turnover at £5m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Vortech Food Machinery Limited Health Check
Pomanda's financial health check has awarded Vortech Food Machinery Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £5m, make it smaller than the average company (£12.2m)
- Vortech Food Machinery Limited
£12.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.1%)
- Vortech Food Machinery Limited
2.1% - Industry AVG
Production
with a gross margin of 23.6%, this company has a comparable cost of product (23.6%)
- Vortech Food Machinery Limited
23.6% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (5.1%)
- Vortech Food Machinery Limited
5.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (32)
4 - Vortech Food Machinery Limited
32 - Industry AVG
Pay Structure
on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)
- Vortech Food Machinery Limited
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£352.1k)
- Vortech Food Machinery Limited
£352.1k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (46 days)
- Vortech Food Machinery Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 161 days, this is slower than average (38 days)
- Vortech Food Machinery Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (78 days)
- Vortech Food Machinery Limited
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is average cash available to meet short term requirements (15 weeks)
14 weeks - Vortech Food Machinery Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.7%, this is a higher level of debt than the average (59.8%)
94.7% - Vortech Food Machinery Limited
59.8% - Industry AVG
vortech food machinery limited Credit Report and Business Information
Vortech Food Machinery Limited Competitor Analysis
Perform a competitor analysis for vortech food machinery limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
vortech food machinery limited Ownership
VORTECH FOOD MACHINERY LIMITED group structure
Vortech Food Machinery Limited has no subsidiary companies.
Ultimate parent company
VORTECH FOOD MACHINERY LIMITED
07999691
vortech food machinery limited directors
Vortech Food Machinery Limited currently has 1 director, Mr David Edwards serving since Mar 2012.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Edwards | England | 69 years | Mar 2012 | - | Director |
VORTECH FOOD MACHINERY LIMITED financials
Vortech Food Machinery Limited's latest turnover from September 2022 is estimated at £5 million and the company has net assets of £107.4 thousand. According to their latest financial statements, Vortech Food Machinery Limited has 4 employees and maintains cash reserves of £529.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2022 | Sep 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|
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 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2022 | Sep 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 41,679 | 40,853 | 32,492 | 38,584 | 49,209 | 34,423 | 42,104 | 50,888 | 60,879 | 73,882 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 486,943 | 772,364 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 528,622 | 813,217 | 32,492 | 38,584 | 49,209 | 34,423 | 42,104 | 50,888 | 60,879 | 73,882 |
Stock & work in progress | 77,369 | 68,526 | 70,678 | 56,383 | 51,802 | 60,127 | 154,714 | 105,671 | 91,004 | 66,124 |
Trade Debtors | 675,019 | 523,685 | 1,864,361 | 751,387 | 710,989 | 787,001 | 149,824 | 302,426 | 22,323 | 110,575 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 222,133 | 222,133 | 0 | 1,020,469 | 1,016,000 | 1,019,027 | 0 | 0 | 0 | 0 |
Cash | 529,095 | 996,395 | 94,272 | 249,515 | 744,581 | 308,673 | 34,971 | 139,102 | 307,516 | 169,676 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,503,616 | 1,810,739 | 2,029,311 | 2,077,754 | 2,523,372 | 2,174,828 | 934,845 | 547,199 | 420,843 | 346,375 |
total assets | 2,032,238 | 2,623,956 | 2,061,803 | 2,116,338 | 2,572,581 | 2,209,251 | 976,949 | 598,087 | 481,722 | 420,257 |
Bank overdraft | 0 | 10,648 | 0 | 0 | 0 | 1,790 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,685,530 | 1,994,872 | 1,888,510 | 1,770,886 | 1,501,693 | 1,030,703 | 476,937 | 401,022 | 396,540 | 362,989 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,020 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 24,953 | 27,422 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 177,494 | 453,165 | 0 | 206,067 | 623,223 | 512,794 | 0 | 0 | 0 | 0 |
total current liabilities | 1,887,977 | 2,486,107 | 1,888,510 | 1,976,953 | 2,124,916 | 1,545,287 | 775,176 | 430,042 | 396,540 | 362,989 |
loans | 36,872 | 36,215 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,332 | 23,403 |
provisions | 0 | 0 | 0 | 1,367 | 2,551 | 1,774 | 2,187 | 2,716 | 2,982 | 2,507 |
total long term liabilities | 36,872 | 36,215 | 0 | 1,367 | 2,551 | 1,774 | 2,187 | 2,716 | 4,314 | 25,910 |
total liabilities | 1,924,849 | 2,522,322 | 1,888,510 | 1,978,320 | 2,127,467 | 1,547,061 | 777,363 | 432,758 | 400,854 | 388,899 |
net assets | 107,389 | 101,634 | 173,293 | 138,018 | 445,114 | 662,190 | 199,586 | 165,329 | 80,868 | 31,358 |
total shareholders funds | 107,389 | 101,634 | 173,293 | 138,018 | 445,114 | 662,190 | 199,586 | 165,329 | 80,868 | 31,358 |
Sep 2022 | Sep 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||
Operating Profit | ||||||||||
Depreciation | 10,359 | 13,801 | 9,495 | 10,625 | 12,139 | 9,333 | 13,618 | 13,618 | 15,461 | 18,783 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||
Stock | 8,843 | -2,152 | 14,295 | 4,581 | -8,325 | -94,587 | 49,043 | 14,667 | 24,880 | 66,124 |
Debtors | -134,087 | -346,179 | 92,505 | 44,867 | -79,039 | 1,060,868 | 442,734 | 280,103 | -88,252 | 110,575 |
Creditors | -309,342 | 106,362 | 117,624 | 269,193 | 470,990 | 553,766 | 75,915 | 4,482 | 33,551 | 362,989 |
Accruals and Deferred Income | -275,671 | 453,165 | -206,067 | -417,156 | 110,429 | 512,794 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | -1,367 | -1,184 | 777 | -413 | -529 | -266 | 475 | 2,507 |
Cash flow from operations | ||||||||||
Investing Activities | ||||||||||
capital expenditure | ||||||||||
Change in Investments | 0 | 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 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -29,020 | 29,020 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 657 | 36,215 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -2,469 | 27,422 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,332 | -22,071 | 23,403 |
share issue | ||||||||||
interest | ||||||||||
cash flow from financing | ||||||||||
cash and cash equivalents | ||||||||||
cash | -467,300 | 902,123 | -155,243 | -495,066 | 435,908 | 273,702 | -104,131 | -168,414 | 137,840 | 169,676 |
overdraft | -10,648 | 10,648 | 0 | 0 | -1,790 | 1,790 | 0 | 0 | 0 | 0 |
change in cash | -456,652 | 891,475 | -155,243 | -495,066 | 437,698 | 271,912 | -104,131 | -168,414 | 137,840 | 169,676 |
P&L
September 2022turnover
5m
-2%
operating profit
-6.6k
0%
gross margin
23.7%
+0.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
107.4k
+0.06%
total assets
2m
-0.23%
cash
529.1k
-0.47%
net assets
Total assets minus all liabilities
vortech food machinery limited company details
company number
07999691
Type
Private limited with Share Capital
industry
46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft
incorporation date
March 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
bortex limited (March 2012)
incorporated
UK
address
unit 2 blenheim court, brownfields, welwyn garden city, herts, AL7 1AD
last accounts submitted
September 2022
vortech food machinery 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 vortech food machinery limited.
vortech food machinery limited Companies House Filings - See Documents
date | description | view/download |
---|