vediconex ltd

1.5

vediconex ltd Company Information

Share VEDICONEX LTD
Dissolved 

Company Number

08173379

Website

-

Registered Address

flat 4 claybee court, 145 palmerston road, london, N22 8QZ

Industry

Computer consultancy activities

 

Telephone

-

Next Accounts Due

September 2024

Group Structure

View All

Directors

Patrick Ugwu12 Years

Shareholders

patrick ugwu 100%

vediconex ltd Estimated Valuation

£24.1k

Pomanda estimates the enterprise value of VEDICONEX LTD at £24.1k based on a Turnover of £44.7k and 0.54x industry multiple (adjusted for size and gross margin).

vediconex ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of VEDICONEX LTD at £0 based on an EBITDA of £-3.4k and a 3.84x industry multiple (adjusted for size and gross margin).

vediconex ltd Estimated Valuation

£41.6k

Pomanda estimates the enterprise value of VEDICONEX LTD at £41.6k based on Net Assets of £18.7k and 2.22x industry multiple (adjusted for liquidity).

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Vediconex Ltd Overview

Vediconex Ltd is a dissolved company that was located in london, N22 8QZ with a Companies House number of 08173379. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in August 2012, it's largest shareholder was patrick ugwu with a 100% stake. The last turnover for Vediconex Ltd was estimated at £44.7k.

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Vediconex Ltd Health Check

Pomanda's financial health check has awarded Vediconex Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £44.7k, make it smaller than the average company (£179.4k)

£44.7k - Vediconex Ltd

£179.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (4.7%)

-17% - Vediconex Ltd

4.7% - Industry AVG

production

Production

with a gross margin of 28.2%, this company has a higher cost of product (52.4%)

28.2% - Vediconex Ltd

52.4% - Industry AVG

profitability

Profitability

an operating margin of -7.5% make it less profitable than the average company (7.8%)

-7.5% - Vediconex Ltd

7.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Vediconex Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)

£43.6k - Vediconex Ltd

£43.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £44.7k, this is less efficient (£107.5k)

£44.7k - Vediconex Ltd

£107.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 157 days, this is later than average (71 days)

157 days - Vediconex Ltd

71 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (31 days)

6 days - Vediconex Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Vediconex Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Vediconex Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.8%, this is a lower level of debt than the average (55.5%)

2.8% - Vediconex Ltd

55.5% - Industry AVG

VEDICONEX LTD financials

EXPORTms excel logo

Vediconex Ltd's latest turnover from November 2020 is estimated at £44.7 thousand and the company has net assets of £18.7 thousand. According to their latest financial statements, Vediconex Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Turnover44,72362,82057,77177,78825,10730,74823,8214,304
Other Income Or Grants00000000
Cost Of Sales32,12744,51641,12354,31916,84621,07115,9502,804
Gross Profit12,59618,30416,64823,4688,2619,6767,8711,500
Admin Expenses15,95520,96222,29442,147-15,214-20,5802,385-283
Operating Profit-3,359-2,658-5,646-18,67923,47530,2565,4861,783
Interest Payable00000000
Interest Receivable000791361264533
Pre-Tax Profit-3,359-2,658-5,646-18,60023,61130,3815,5321,816
Tax0000-4,722-6,076-1,162-418
Profit After Tax-3,359-2,658-5,646-18,60018,88924,3054,3701,398
Dividends Paid00000000
Retained Profit-3,359-2,658-5,646-18,60018,88924,3054,3701,398
Employee Costs43,64050,45053,96851,06457,47757,23957,67854,369
Number Of Employees11111111
EBITDA*-3,359-2,658-5,646-18,67923,58030,5845,4862,033

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Tangible Assets0000316421749749
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets0000316421749749
Stock & work in progress00000000
Trade Debtors19,23922,05825,50031,14607,0206,0851
Group Debtors00000000
Misc Debtors00000000
Cash000063,52445,3494,91813,188
misc current assets00000000
total current assets19,23922,05825,50031,14663,52452,36911,00313,189
total assets19,23922,05825,50031,14663,84052,79011,75213,938
Bank overdraft00000000
Bank loan00000000
Trade Creditors 5400784014,23120,8755,98312,539
Group/Directors Accounts0007846461,84100
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities540078478414,87722,7165,98312,539
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities00000000
total liabilities540078478414,87722,7165,98312,539
net assets18,69922,05824,71630,36248,96330,0745,7691,399
total shareholders funds18,69922,05824,71630,36248,96330,0745,7691,399
Nov 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Operating Activities
Operating Profit-3,359-2,658-5,646-18,67923,47530,2565,4861,783
Depreciation00001053280250
Amortisation00000000
Tax0000-4,722-6,076-1,162-418
Stock00000000
Debtors-2,819-3,442-5,64631,146-7,0209356,0841
Creditors540-784784-14,231-6,64414,892-6,55612,539
Accruals and Deferred Income00000000
Deferred Taxes & Provisions00000000
Cash flow from operations00784-64,05619,23438,465-8,31614,153
Investing Activities
capital expenditure000316000-999
Change in Investments00000000
cash flow from investments000316000-999
Financing Activities
Bank loans00000000
Group/Directors Accounts00-784138-1,1951,84100
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue000-10001
interest000791361264533
cash flow from financing00-784216-1,0591,9674534
cash and cash equivalents
cash000-63,52418,17540,431-8,27013,188
overdraft00000000
change in cash000-63,52418,17540,431-8,27013,188

vediconex 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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Vediconex Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for vediconex ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in N22 area or any other competitors across 12 key performance metrics.

vediconex ltd Ownership

VEDICONEX LTD group structure

Vediconex Ltd has no subsidiary companies.

Ultimate parent company

VEDICONEX LTD

08173379

VEDICONEX LTD Shareholders

patrick ugwu 100%

vediconex ltd directors

Vediconex Ltd currently has 1 director, Mr Patrick Ugwu serving since Aug 2012.

officercountryagestartendrole
Mr Patrick UgwuUnited Kingdom43 years Aug 2012- Director

P&L

November 2020

turnover

44.7k

-29%

operating profit

-3.4k

0%

gross margin

28.2%

-3.34%

turnover

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

Balance Sheet

November 2020

net assets

18.7k

-0.15%

total assets

19.2k

-0.13%

cash

0

0%

net assets

Total assets minus all liabilities

vediconex ltd company details

company number

08173379

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

August 2012

age

12

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

November 2020

address

flat 4 claybee court, 145 palmerston road, london, N22 8QZ

accountant

S J D ACCOUNTANCY

auditor

-

vediconex 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 did not find charges/mortgages relating to vediconex ltd.

charges

vediconex ltd Companies House Filings - See Documents

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