vnet-it limited
vnet-it limited Company Information
Company Number
08383180
Next Accounts
511 days late
Directors
Shareholders
andrew pachnanda
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
3 field court, london, WC1R 5EF
Website
https://vnet-it.weebly.comvnet-it limited Estimated Valuation
Pomanda estimates the enterprise value of VNET-IT LIMITED at £163.2k based on a Turnover of £306.1k and 0.53x industry multiple (adjusted for size and gross margin).
vnet-it limited Estimated Valuation
Pomanda estimates the enterprise value of VNET-IT LIMITED at £99k based on an EBITDA of £26.3k and a 3.76x industry multiple (adjusted for size and gross margin).
vnet-it limited Estimated Valuation
Pomanda estimates the enterprise value of VNET-IT LIMITED at £0 based on Net Assets of £-20.3k and 2.29x industry multiple (adjusted for liquidity).
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Vnet-it Limited Overview
Vnet-it Limited is a live company located in london, WC1R 5EF with a Companies House number of 08383180. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in January 2013, it's largest shareholder is andrew pachnanda with a 100% stake. Vnet-it Limited is a established, micro sized company, Pomanda has estimated its turnover at £306.1k with healthy growth in recent years.
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Vnet-it Limited Health Check
Pomanda's financial health check has awarded Vnet-It Limited a 3 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
2 Regular
5 Weak
Size
annual sales of £306.1k, make it smaller than the average company (£840.8k)
- Vnet-it Limited
£840.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (3.9%)
- Vnet-it Limited
3.9% - Industry AVG
Production
with a gross margin of 27.8%, this company has a higher cost of product (47.1%)
- Vnet-it Limited
47.1% - Industry AVG
Profitability
an operating margin of 8.6% make it as profitable than the average company (7.9%)
- Vnet-it Limited
7.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
- Vnet-it Limited
11 - Industry AVG
Pay Structure
on an average salary of £52.4k, the company has an equivalent pay structure (£52.4k)
- Vnet-it Limited
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £153k, this is more efficient (£118.4k)
- Vnet-it Limited
£118.4k - Industry AVG
Debtor Days
it gets paid by customers after 124 days, this is later than average (65 days)
- Vnet-it Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 203 days, this is slower than average (31 days)
- Vnet-it Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vnet-it Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Vnet-it Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 119.4%, this is a higher level of debt than the average (57.1%)
119.4% - Vnet-it Limited
57.1% - Industry AVG
VNET-IT LIMITED financials
Vnet-It Limited's latest turnover from January 2022 is estimated at £306.1 thousand and the company has net assets of -£20.3 thousand. According to their latest financial statements, we estimate that Vnet-It Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 534 | 746 | 1,047 | 1,473 | 2,081 | 2,950 | 1,829 | 2,439 | |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 534 | 746 | 1,047 | 1,473 | 2,081 | 2,950 | 1,829 | 2,439 | |
| Stock & work in progress | |||||||||
| Trade Debtors | 104,200 | 104,814 | 100,051 | 106,476 | 145,296 | 6,248 | 13,133 | 6,825 | 634 |
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 4,978 | 1,084 | 4,758 | 2,995 | |||||
| misc current assets | 1,329 | ||||||||
| total current assets | 104,200 | 104,814 | 100,051 | 106,476 | 146,625 | 11,226 | 14,217 | 11,583 | 3,629 |
| total assets | 104,734 | 105,560 | 101,098 | 107,949 | 148,706 | 14,176 | 16,046 | 14,022 | 3,629 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 123,489 | 146,452 | 147,064 | 86,684 | 93,858 | 62,201 | 25,536 | 19,621 | 3,451 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 123,489 | 146,452 | 147,064 | 86,684 | 93,858 | 62,201 | 25,536 | 19,621 | 3,451 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | 750 | 750 | 1,880 | 1,130 | 910 | ||||
| other liabilities | 796 | 59,311 | 75,937 | 8,543 | 8,563 | 13,031 | |||
| provisions | |||||||||
| total long term liabilities | 1,546 | 750 | 1,880 | 60,441 | 76,847 | 8,543 | 8,563 | 13,031 | |
| total liabilities | 125,035 | 147,202 | 148,944 | 147,125 | 170,705 | 70,744 | 34,099 | 32,652 | 3,451 |
| net assets | -20,301 | -41,642 | -47,846 | -39,176 | -21,999 | -56,568 | -18,053 | -18,630 | 178 |
| total shareholders funds | -20,301 | -41,642 | -47,846 | -39,176 | -21,999 | -56,568 | -18,053 | -18,630 | 178 |
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,246 | 610 | 813 | ||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -614 | 4,763 | -6,425 | -38,820 | 139,048 | -6,885 | 6,308 | 6,191 | 634 |
| Creditors | -22,963 | -612 | 60,380 | -7,174 | 31,657 | 36,665 | 5,915 | 16,170 | 3,451 |
| Accruals and Deferred Income | -1,130 | 750 | 220 | 910 | |||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | 796 | -59,311 | -16,626 | 67,394 | -20 | -4,468 | 13,031 | ||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -4,978 | 3,894 | -3,674 | 1,763 | 2,995 | ||||
| overdraft | |||||||||
| change in cash | -4,978 | 3,894 | -3,674 | 1,763 | 2,995 |
vnet-it limited Credit Report and Business Information
Vnet-it Limited Competitor Analysis
Perform a competitor analysis for vnet-it limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WC1R area or any other competitors across 12 key performance metrics.
vnet-it limited Ownership
VNET-IT LIMITED group structure
Vnet-It Limited has 1 subsidiary company.
vnet-it limited directors
Vnet-It Limited currently has 1 director, Mr Andrew Pachnanda serving since Jan 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Pachnanda | England | 58 years | Jan 2013 | - | Director |
P&L
January 2022turnover
306.1k
+5%
operating profit
26.3k
0%
gross margin
27.8%
-1.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2022net assets
-20.3k
-0.51%
total assets
104.7k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
vnet-it limited company details
company number
08383180
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2022
previous names
N/A
accountant
-
auditor
-
address
3 field court, london, WC1R 5EF
Bank
-
Legal Advisor
-
vnet-it 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 2 charges/mortgages relating to vnet-it limited. Currently there are 1 open charges and 1 have been satisfied in the past.
vnet-it 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 VNET-IT LIMITED. This can take several minutes, an email will notify you when this has completed.
vnet-it limited Companies House Filings - See Documents
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