verdi home improvements limited

verdi home improvements limited Company Information

Share VERDI HOME IMPROVEMENTS LIMITED
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EstablishedSmallDeclining

Company Number

08293172

Industry

Development of building projects

 

Shareholders

damien luke cheeseman

ryan beazeley

Group Structure

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Contact

Registered Address

9a leicester road, blaby, leicester, LE8 4GR

verdi home improvements limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of VERDI HOME IMPROVEMENTS LIMITED at £1m based on a Turnover of £1.8m and 0.57x industry multiple (adjusted for size and gross margin).

verdi home improvements limited Estimated Valuation

£124.2k

Pomanda estimates the enterprise value of VERDI HOME IMPROVEMENTS LIMITED at £124.2k based on an EBITDA of £31.3k and a 3.97x industry multiple (adjusted for size and gross margin).

verdi home improvements limited Estimated Valuation

£103.3k

Pomanda estimates the enterprise value of VERDI HOME IMPROVEMENTS LIMITED at £103.3k based on Net Assets of £66.3k and 1.56x industry multiple (adjusted for liquidity).

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Verdi Home Improvements Limited Overview

Verdi Home Improvements Limited is a live company located in leicester, LE8 4GR with a Companies House number of 08293172. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2012, it's largest shareholder is damien luke cheeseman with a 50% stake. Verdi Home Improvements Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with declining growth in recent years.

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Verdi Home Improvements Limited Health Check

Pomanda's financial health check has awarded Verdi Home Improvements Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £1.8m, make it smaller than the average company (£2.6m)

£1.8m - Verdi Home Improvements Limited

£2.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (4.6%)

-26% - Verdi Home Improvements Limited

4.6% - Industry AVG

production

Production

with a gross margin of 26.1%, this company has a comparable cost of product (26.1%)

26.1% - Verdi Home Improvements Limited

26.1% - Industry AVG

profitability

Profitability

an operating margin of 1% make it less profitable than the average company (6.6%)

1% - Verdi Home Improvements Limited

6.6% - Industry AVG

employees

Employees

with 17 employees, this is above the industry average (6)

17 - Verdi Home Improvements Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.9k, the company has an equivalent pay structure (£48.9k)

£48.9k - Verdi Home Improvements Limited

£48.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £106.3k, this is less efficient (£306.9k)

£106.3k - Verdi Home Improvements Limited

£306.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (28 days)

1 days - Verdi Home Improvements Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 45 days, this is slower than average (30 days)

45 days - Verdi Home Improvements Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 180 days, this is in line with average (174 days)

180 days - Verdi Home Improvements Limited

174 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)

0 weeks - Verdi Home Improvements Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 90.9%, this is a higher level of debt than the average (74.9%)

90.9% - Verdi Home Improvements Limited

74.9% - Industry AVG

VERDI HOME IMPROVEMENTS LIMITED financials

EXPORTms excel logo

Verdi Home Improvements Limited's latest turnover from December 2023 is estimated at £1.8 million and the company has net assets of £66.3 thousand. According to their latest financial statements, Verdi Home Improvements Limited has 17 employees and maintains cash reserves of £1.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover1,807,9442,011,2624,110,4934,469,6903,622,1003,855,6013,276,594329,315243,883711,230660,547
Other Income Or Grants00000000000
Cost Of Sales1,336,4971,490,1623,131,2113,365,2942,677,9702,784,1342,313,703229,879171,094506,306468,027
Gross Profit471,447521,0991,019,332741,311689,5391,071,467962,89099,43672,789204,924192,519
Admin Expenses453,878511,262769,337542,667566,3601,072,785961,663101,64074,362202,670177,372
Operating Profit17,5699,837249,995198,644123,179-1,3181,227-2,204-1,5732,25415,147
Interest Payable19,3589,93522,33538,23211,2180015616200
Interest Receivable686196534566432000
Pre-Tax Profit-1,721521227,666160,417111,995-1,2621,291-2,328-1,7352,25415,147
Tax0-99-41,684-30,226-21,4150-24500-473-3,484
Profit After Tax-1,721422185,982130,19190,580-1,2621,046-2,328-1,7351,78111,663
Dividends Paid00000000000
Retained Profit-1,721422185,982130,19190,580-1,2621,046-2,328-1,7351,78111,663
Employee Costs831,455987,0011,189,1871,703,1761,578,4901,632,7881,427,40984,95641,603117,929112,015
Number Of Employees172126383537332133
EBITDA*31,26433,258282,715212,735132,23411,81720,11522,67913,6428,88919,056

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets46,95082,540112,540101,81335,22149,55676,54299,79350,29957,62913,604
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets46,95082,540112,540101,81335,22149,55676,54299,79350,29957,62913,604
Stock & work in progress661,727719,034847,001623,452423,071359,422233,763136,16189,84816,6966,905
Trade Debtors7,9958,25028,74458,27247,17684,18267,11620,73720,09167,36273,789
Group Debtors00000000000
Misc Debtors12,23015,3020000023,2548,98700
Cash1,94764134,729201,441014,74720725,354010050
misc current assets00000000000
total current assets683,899743,227910,474883,165470,247458,351301,086205,506118,92684,15880,744
total assets730,849825,7671,023,014984,978505,468507,907377,628305,299169,225141,78794,348
Bank overdraft64,14085,4180041,3800004,98600
Bank loan00000000000
Trade Creditors 165,992166,991733,791611,203373,473372,982336,36056,47434,410101,51579,864
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities355,257366,82200000190,306100,51300
total current liabilities585,389619,231733,791611,203414,853372,982336,360246,780139,909101,51579,864
loans70,833123,750000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00201,106304,58375,317116,66716,65829,7398,18918,9780
provisions8,30814,74620,49918,5565,8538,99314,08319,2999,3187,7502,721
total long term liabilities79,141138,496221,605323,13981,170125,66030,74149,03817,50726,7282,721
total liabilities664,530757,727955,396934,342496,023498,642367,101295,818157,416128,24382,585
net assets66,31968,04067,61850,6369,4459,26510,5279,48111,80913,54411,763
total shareholders funds66,31968,04067,61850,6369,4459,26510,5279,48111,80913,54411,763
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit17,5699,837249,995198,644123,179-1,3181,227-2,204-1,5732,25415,147
Depreciation13,69523,42132,72014,0919,05513,13518,88824,88315,2156,6353,909
Amortisation00000000000
Tax0-99-41,684-30,226-21,4150-24500-473-3,484
Stock-57,307-127,967223,549200,38163,649125,65997,60246,31373,1529,7916,905
Debtors-3,327-5,192-29,52811,096-37,00617,06623,12514,913-38,284-6,42773,789
Creditors-999-566,800122,588237,73049136,622279,88622,064-67,10521,65179,864
Accruals and Deferred Income-11,565366,8220000-190,30689,793100,51300
Deferred Taxes & Provisions-6,438-5,7531,94312,703-3,140-5,090-5,2169,9811,5685,0292,721
Cash flow from operations72,896-39,413171,541221,46581,527-99,376-16,49383,29113,75031,73217,463
Investing Activities
capital expenditure21,8956,579-43,447-80,6835,28013,8514,363-74,377-7,885-50,660-17,513
Change in Investments00000000000
cash flow from investments21,8956,579-43,447-80,6835,28013,8514,363-74,377-7,885-50,660-17,513
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans-52,917123,750000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities0-201,106-103,477229,266-41,350100,009-13,08121,550-10,78918,9780
share issue00-169,000-89,000-90,40000000100
interest-19,290-9,316-22,329-38,227-11,1845664-124-16200
cash flow from financing-72,207-86,672-294,806102,039-142,934100,065-13,01721,426-10,95118,978100
cash and cash equivalents
cash1,306-34,088-166,712201,441-14,74714,540-25,14725,354-1005050
overdraft-21,27885,4180-41,38041,38000-4,9864,98600
change in cash22,584-119,506-166,712242,821-56,12714,540-25,14730,340-5,0865050

verdi home improvements limited 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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Verdi Home Improvements Limited Competitor Analysis

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Perform a competitor analysis for verdi home improvements limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LE8 area or any other competitors across 12 key performance metrics.

verdi home improvements limited Ownership

VERDI HOME IMPROVEMENTS LIMITED group structure

Verdi Home Improvements Limited has no subsidiary companies.

Ultimate parent company

VERDI HOME IMPROVEMENTS LIMITED

08293172

VERDI HOME IMPROVEMENTS LIMITED Shareholders

damien luke cheeseman 50%
ryan beazeley 50%

verdi home improvements limited directors

Verdi Home Improvements Limited currently has 2 directors. The longest serving directors include Mr Damien Cheeseman (Nov 2012) and Mr Ryan Beazeley (Jan 2014).

officercountryagestartendrole
Mr Damien CheesemanUnited Kingdom35 years Nov 2012- Director
Mr Ryan Beazeley43 years Jan 2014- Director

P&L

December 2023

turnover

1.8m

-10%

operating profit

17.6k

0%

gross margin

26.1%

+0.65%

turnover

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

Balance Sheet

December 2023

net assets

66.3k

-0.03%

total assets

730.8k

-0.11%

cash

1.9k

+2.04%

net assets

Total assets minus all liabilities

verdi home improvements limited company details

company number

08293172

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

November 2012

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

9a leicester road, blaby, leicester, LE8 4GR

Bank

-

Legal Advisor

-

verdi home improvements 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 verdi home improvements limited.

verdi home improvements 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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verdi home improvements limited Companies House Filings - See Documents

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