vortex enterprises ltd
vortex enterprises ltd Company Information
Company Number
08275710
Next Accounts
Feb 2025
Industry
Video distribution activities
Shareholders
sherard kingston
stephen paddon
Group Structure
View All
Contact
Registered Address
town wall house balkerne hill, colchester, essex, CO3 3AD
Website
-vortex enterprises ltd Estimated Valuation
Pomanda estimates the enterprise value of VORTEX ENTERPRISES LTD at £197.4k based on a Turnover of £400.8k and 0.49x industry multiple (adjusted for size and gross margin).
vortex enterprises ltd Estimated Valuation
Pomanda estimates the enterprise value of VORTEX ENTERPRISES LTD at £0 based on an EBITDA of £-726.2k and a 2.34x industry multiple (adjusted for size and gross margin).
vortex enterprises ltd Estimated Valuation
Pomanda estimates the enterprise value of VORTEX ENTERPRISES LTD at £405k based on Net Assets of £306.1k and 1.32x industry multiple (adjusted for liquidity).
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Vortex Enterprises Ltd Overview
Vortex Enterprises Ltd is a live company located in essex, CO3 3AD with a Companies House number of 08275710. It operates in the video distribution activities sector, SIC Code 59132. Founded in October 2012, it's largest shareholder is sherard kingston with a 50% stake. Vortex Enterprises Ltd is a established, micro sized company, Pomanda has estimated its turnover at £400.8k with declining growth in recent years.
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Vortex Enterprises Ltd Health Check
Pomanda's financial health check has awarded Vortex Enterprises Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £400.8k, make it smaller than the average company (£6.2m)
- Vortex Enterprises Ltd
£6.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (-0.6%)
- Vortex Enterprises Ltd
-0.6% - Industry AVG
Production
with a gross margin of 61.9%, this company has a comparable cost of product (61.9%)
- Vortex Enterprises Ltd
61.9% - Industry AVG
Profitability
an operating margin of -181.2% make it less profitable than the average company (2%)
- Vortex Enterprises Ltd
2% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
1 - Vortex Enterprises Ltd
11 - Industry AVG
Pay Structure
on an average salary of £69.8k, the company has an equivalent pay structure (£69.8k)
- Vortex Enterprises Ltd
£69.8k - Industry AVG
Efficiency
resulting in sales per employee of £400.8k, this is equally as efficient (£400.8k)
- Vortex Enterprises Ltd
£400.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Vortex Enterprises Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Vortex Enterprises Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vortex Enterprises Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13556 weeks, this is more cash available to meet short term requirements (13 weeks)
13556 weeks - Vortex Enterprises Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (51.9%)
0.3% - Vortex Enterprises Ltd
51.9% - Industry AVG
VORTEX ENTERPRISES LTD financials
Vortex Enterprises Ltd's latest turnover from May 2023 is estimated at £400.8 thousand and the company has net assets of £306.1 thousand. According to their latest financial statements, Vortex Enterprises Ltd has 1 employee and maintains cash reserves of £260.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,026 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,026 | 0 | 0 |
| Stock & work in progress | 0 | 257,218 | 522,645 | 516,823 | 518,181 | 356,015 | 219,869 | 298,579 | 355,576 | 272,376 | 361,074 |
| Trade Debtors | 0 | 163,830 | 102,172 | 41,658 | 205,469 | 106,415 | 327,442 | 91,392 | 1,258,756 | 1,969,730 | 1,304,060 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 46,428 | 62,118 | 133,510 | 35,087 | 86,954 | 223,038 | 122,404 | 888,720 | 0 | 0 | 0 |
| Cash | 260,695 | 568,879 | 509,619 | 789,154 | 473,591 | 186,951 | 487,578 | 581,451 | 229,795 | 434,462 | 662,606 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 307,123 | 1,052,045 | 1,267,946 | 1,382,722 | 1,284,195 | 872,419 | 1,157,293 | 1,860,142 | 1,844,127 | 2,676,568 | 2,327,740 |
| total assets | 307,123 | 1,052,045 | 1,267,946 | 1,382,722 | 1,284,195 | 872,419 | 1,157,293 | 1,860,142 | 1,850,153 | 2,676,568 | 2,327,740 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 29,240 | 249,320 | 190,725 | 612,339 | 288,218 | 436,466 | 481,054 | 1,378,837 | 2,135,473 | 2,128,975 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 150,000 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 390,022 | 690,022 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,000 | 9,184 | 27,747 | 260,885 | 65,208 | 208,500 | 59,264 | 55,689 | 0 | 0 | 0 |
| total current liabilities | 1,000 | 38,424 | 277,067 | 451,610 | 677,547 | 496,718 | 885,752 | 1,226,765 | 1,378,837 | 2,285,473 | 2,128,975 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,000 | 38,424 | 277,067 | 451,610 | 677,547 | 496,718 | 885,752 | 1,226,765 | 1,378,837 | 2,285,473 | 2,128,975 |
| net assets | 306,123 | 1,013,621 | 990,879 | 931,112 | 606,648 | 375,701 | 271,541 | 633,377 | 471,316 | 391,095 | 198,765 |
| total shareholders funds | 306,123 | 1,013,621 | 990,879 | 931,112 | 606,648 | 375,701 | 271,541 | 633,377 | 471,316 | 391,095 | 198,765 |
| May 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,026 | 2,009 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | -257,218 | -265,427 | 5,822 | -1,358 | 162,166 | 136,146 | -78,710 | -56,997 | 83,200 | -88,698 | 361,074 |
| Debtors | -179,520 | -9,734 | 158,937 | -215,678 | -37,030 | -120,393 | -530,266 | -278,644 | -710,974 | 665,670 | 1,304,060 |
| Creditors | -29,240 | -220,080 | 58,595 | -421,614 | 324,121 | -148,248 | -44,588 | -897,783 | -756,636 | 6,498 | 2,128,975 |
| Accruals and Deferred Income | -8,184 | -18,563 | -233,138 | 195,677 | -143,292 | 149,236 | 3,575 | 55,689 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -150,000 | 150,000 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -390,022 | -300,000 | 690,022 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -308,184 | 59,260 | -279,535 | 315,563 | 286,640 | -300,627 | -93,873 | 351,656 | -204,667 | -228,144 | 662,606 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -308,184 | 59,260 | -279,535 | 315,563 | 286,640 | -300,627 | -93,873 | 351,656 | -204,667 | -228,144 | 662,606 |
vortex enterprises ltd Credit Report and Business Information
Vortex Enterprises Ltd Competitor Analysis
Perform a competitor analysis for vortex enterprises ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CO3 area or any other competitors across 12 key performance metrics.
vortex enterprises ltd Ownership
VORTEX ENTERPRISES LTD group structure
Vortex Enterprises Ltd has no subsidiary companies.
Ultimate parent company
VORTEX ENTERPRISES LTD
08275710
vortex enterprises ltd directors
Vortex Enterprises Ltd currently has 2 directors. The longest serving directors include Mr Robert Kingston (Nov 2012) and Mr Stephen Paddon (Nov 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Kingston | England | 40 years | Nov 2012 | - | Director |
| Mr Stephen Paddon | England | 58 years | Nov 2014 | - | Director |
P&L
May 2023turnover
400.8k
-35%
operating profit
-726.2k
0%
gross margin
61.9%
+10.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
306.1k
-0.7%
total assets
307.1k
-0.71%
cash
260.7k
-0.54%
net assets
Total assets minus all liabilities
Similar Companies
vortex enterprises ltd company details
company number
08275710
Type
Private limited with Share Capital
industry
59132 - Video distribution activities
incorporation date
October 2012
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
town wall house balkerne hill, colchester, essex, CO3 3AD
Bank
-
Legal Advisor
-
vortex enterprises 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 vortex enterprises ltd.
vortex enterprises ltd Companies House Filings - See Documents
| date | description | view/download |
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