vega technology (europe) limited
vega technology (europe) limited Company Information
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
4th floor fountain precinct, leopold street, sheffield, S1 2JA
Website
www.vega-global.euvega technology (europe) limited Estimated Valuation
Pomanda estimates the enterprise value of VEGA TECHNOLOGY (EUROPE) LIMITED at £9.6m based on a Turnover of £10.6m and 0.9x industry multiple (adjusted for size and gross margin).
vega technology (europe) limited Estimated Valuation
Pomanda estimates the enterprise value of VEGA TECHNOLOGY (EUROPE) LIMITED at £0 based on an EBITDA of £-2.9m and a 6.36x industry multiple (adjusted for size and gross margin).
vega technology (europe) limited Estimated Valuation
Pomanda estimates the enterprise value of VEGA TECHNOLOGY (EUROPE) LIMITED at £0 based on Net Assets of £-2.3m and 2.29x industry multiple (adjusted for liquidity).
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Vega Technology (europe) Limited Overview
Vega Technology (europe) Limited is a live company located in sheffield, S1 2JA with a Companies House number of 08014465. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2012, it's largest shareholder is yin man chow with a 100% stake. Vega Technology (europe) Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.6m with high growth in recent years.
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Vega Technology (europe) Limited Health Check
Pomanda's financial health check has awarded Vega Technology (Europe) Limited a 4 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
3 Regular
4 Weak
Size
annual sales of £10.6m, make it larger than the average company (£189.2k)
- Vega Technology (europe) Limited
£189.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (5.3%)
- Vega Technology (europe) Limited
5.3% - Industry AVG
Production
with a gross margin of 52.3%, this company has a comparable cost of product (52.3%)
- Vega Technology (europe) Limited
52.3% - Industry AVG
Profitability
an operating margin of -27.3% make it less profitable than the average company (7.3%)
- Vega Technology (europe) Limited
7.3% - Industry AVG
Employees
with 34 employees, this is above the industry average (5)
34 - Vega Technology (europe) Limited
5 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Vega Technology (europe) Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £311.4k, this is more efficient (£113.1k)
- Vega Technology (europe) Limited
£113.1k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is near the average (70 days)
- Vega Technology (europe) Limited
70 days - Industry AVG
Creditor Days
its suppliers are paid after 228 days, this is slower than average (33 days)
- Vega Technology (europe) Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 54 days, this is more than average (7 days)
- Vega Technology (europe) Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (23 weeks)
1 weeks - Vega Technology (europe) Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 166.9%, this is a higher level of debt than the average (55.3%)
166.9% - Vega Technology (europe) Limited
55.3% - Industry AVG
VEGA TECHNOLOGY (EUROPE) LIMITED financials
Vega Technology (Europe) Limited's latest turnover from March 2020 is estimated at £10.6 million and the company has net assets of -£2.3 million. According to their latest financial statements, Vega Technology (Europe) Limited has 34 employees and maintains cash reserves of £211.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 34 | 36 | 32 | 28 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,914 | 6,918 | 10,764 | 18,498 | 21,405 | 60,095 | 76,640 | 21,785 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 3,914 | 6,918 | 10,764 | 18,498 | 21,405 | 60,095 | 76,640 | 21,785 |
| Stock & work in progress | 750,667 | 480,695 | 185,765 | 133,381 | 107,211 | 163,886 | ||
| Trade Debtors | 2,358,577 | 1,824,385 | 1,238,222 | 1,310,254 | 758,010 | 715,275 | 378,217 | 66,875 |
| Group Debtors | 730,900 | 626,362 | 609,680 | 329,676 | ||||
| Misc Debtors | 132,850 | 307,695 | 239,463 | 215,713 | 230,631 | |||
| Cash | 211,104 | 29,462 | 5,813 | 25,107 | 51,183 | 102,080 | 57,775 | 114,483 |
| misc current assets | ||||||||
| total current assets | 3,453,198 | 3,373,137 | 2,295,625 | 2,294,135 | 1,476,711 | 981,241 | 435,992 | 181,358 |
| total assets | 3,457,112 | 3,380,055 | 2,306,389 | 2,312,633 | 1,498,116 | 1,041,336 | 512,632 | 203,143 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 3,159,780 | 1,456,725 | 780,748 | 591,990 | 383,345 | 1,081,824 | 660,290 | 677,392 |
| Group/Directors Accounts | 783,058 | 637,299 | ||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 1,826,431 | 704,245 | 1,067,027 | 1,026,445 | 753,566 | |||
| total current liabilities | 5,769,269 | 2,798,269 | 1,847,775 | 1,618,435 | 1,136,911 | 1,081,824 | 660,290 | 677,392 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 250,000 | |||||||
| provisions | 946 | 2,261 | 3,935 | |||||
| total long term liabilities | 946 | 2,261 | 3,935 | 250,000 | ||||
| total liabilities | 5,769,269 | 2,798,269 | 1,848,721 | 1,620,696 | 1,140,846 | 1,081,824 | 910,290 | 677,392 |
| net assets | -2,312,157 | 581,786 | 457,668 | 691,937 | 357,270 | -40,488 | -397,658 | -474,249 |
| total shareholders funds | -2,312,157 | 581,786 | 457,668 | 691,937 | 357,270 | -40,488 | -397,658 | -474,249 |
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 3,004 | 3,846 | 7,734 | 15,199 | 45,679 | 42,173 | 33,792 | 2,994 |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | 269,972 | 294,930 | 52,384 | 26,170 | -56,675 | 163,886 | ||
| Debtors | -371,553 | 758,933 | -31,600 | 817,330 | 603,042 | 337,058 | 311,342 | 66,875 |
| Creditors | 1,703,055 | 675,977 | 188,758 | 208,645 | -698,479 | 421,534 | -17,102 | 677,392 |
| Accruals and Deferred Income | 1,122,186 | -362,782 | 40,582 | 272,879 | 753,566 | |||
| Deferred Taxes & Provisions | -946 | -1,315 | -1,674 | 3,935 | ||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | 145,759 | 637,299 | ||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -250,000 | 250,000 | ||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 181,642 | 23,649 | -19,294 | -26,076 | -50,897 | 44,305 | -56,708 | 114,483 |
| overdraft | ||||||||
| change in cash | 181,642 | 23,649 | -19,294 | -26,076 | -50,897 | 44,305 | -56,708 | 114,483 |
vega technology (europe) limited Credit Report and Business Information
Vega Technology (europe) Limited Competitor Analysis
Perform a competitor analysis for vega technology (europe) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in S 1 area or any other competitors across 12 key performance metrics.
vega technology (europe) limited Ownership
VEGA TECHNOLOGY (EUROPE) LIMITED group structure
Vega Technology (Europe) Limited has no subsidiary companies.
Ultimate parent company
MAPLEWOODS ASSOCIATES LTD
#0087131
1 parent
VEGA TECHNOLOGY (EUROPE) LIMITED
08014465
P&L
March 2020turnover
10.6m
+38%
operating profit
-2.9m
0%
gross margin
52.3%
-0.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
-2.3m
-4.97%
total assets
3.5m
+0.02%
cash
211.1k
+6.17%
net assets
Total assets minus all liabilities
vega technology (europe) limited company details
company number
08014465
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
March 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2020
previous names
N/A
accountant
FORD BENTALL LLP
auditor
-
address
4th floor fountain precinct, leopold street, sheffield, S1 2JA
Bank
-
Legal Advisor
-
vega technology (europe) 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 found 3 charges/mortgages relating to vega technology (europe) limited. Currently there are 1 open charges and 2 have been satisfied in the past.
vega technology (europe) 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.
Click to start generating capital raising & share issue transactions for VEGA TECHNOLOGY (EUROPE) LIMITED. This can take several minutes, an email will notify you when this has completed.
vega technology (europe) limited Companies House Filings - See Documents
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