Pomanda estimates the enterprise value of VERITAS CONSULTANCY (UK) LIMITED at £550.2k based on a Turnover of £1.2m and 0.47x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of VERITAS CONSULTANCY (UK) LIMITED at £0 based on an EBITDA of £-87.2k and a 3.2x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of VERITAS CONSULTANCY (UK) LIMITED at £0 based on Net Assets of £-1.5m and 1.59x industry multiple (adjusted for liquidity).
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Veritas Consultancy (uk) LimitedOverview
Veritas Consultancy (uk) Limited is a live company located in greater london, IG2 7BS with a Companies House number of 08442895. It operates in the motion picture, video and television programme post-production activities sector, SIC Code 59120. Founded in March 2013, it's largest shareholder is
e investments group limited
with a 100% stake. Veritas Consultancy (uk) Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.2m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Veritas Consultancy (Uk) Limited a 2.5 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 Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£3.7m)
£1.2m - Veritas Consultancy (uk) Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (15.5%)
59% - Veritas Consultancy (uk) Limited
15.5% - Industry AVG
Production
with a gross margin of 36%, this company has a higher cost of product (51.8%)
36% - Veritas Consultancy (uk) Limited
51.8% - Industry AVG
Profitability
an operating margin of -7.5% make it less profitable than the average company (7.3%)
-7.5% - Veritas Consultancy (uk) Limited
7.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (63)
6 - Veritas Consultancy (uk) Limited
63 - Industry AVG
Pay Structure
on an average salary of £50.8k, the company has an equivalent pay structure (£50.8k)
£50.8k - Veritas Consultancy (uk) Limited
£50.8k - Industry AVG
Efficiency
resulting in sales per employee of £193.6k, this is more efficient (£95.7k)
£193.6k - Veritas Consultancy (uk) Limited
£95.7k - Industry AVG
Debtor Days
it gets paid by customers after 116 days, this is later than average (52 days)
116 days - Veritas Consultancy (uk) Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 334 days, this is slower than average (24 days)
334 days - Veritas Consultancy (uk) Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Veritas Consultancy (uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Veritas Consultancy (uk) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 482.2%, this is a higher level of debt than the average (83.7%)
482.2% - Veritas Consultancy (uk) Limited
83.7% - Industry AVG
VERITAS CONSULTANCY (UK) LIMITED financials
EXPORT
Veritas Consultancy (Uk) Limited's latest turnover from March 2024 is estimated at £1.2 million and the company has net assets of -£1.5 million. According to their latest financial statements, Veritas Consultancy (Uk) Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Turnover
1,161,312
1,014,404
504,215
287,379
321,823
301,395
176,609
373,103
558,143
21,720
128,832
Other Income Or Grants
Cost Of Sales
743,544
745,317
391,090
229,626
245,178
231,862
134,554
268,901
377,590
13,680
Gross Profit
417,767
269,087
113,124
57,753
76,645
69,533
42,056
104,202
180,553
8,040
128,832
Admin Expenses
504,991
528,261
185,820
54,740
368,637
290,804
248,763
217,382
127,763
90,869
136,026
Operating Profit
-87,224
-259,174
-72,696
3,013
-291,992
-221,271
-206,707
-113,180
52,790
-82,829
-7,194
Interest Payable
60,553
65,987
38,125
14,529
Interest Receivable
88
30
2
30
95
39
Pre-Tax Profit
-87,224
-319,638
-138,653
-35,110
-306,521
-221,271
-206,707
-113,150
52,885
-82,790
-7,194
Tax
-10,577
Profit After Tax
-87,224
-319,638
-138,653
-35,110
-306,521
-221,271
-206,707
-113,150
42,308
-82,790
-7,194
Dividends Paid
Retained Profit
-87,224
-319,638
-138,653
-35,110
-306,521
-221,271
-206,707
-113,150
42,308
-82,790
-7,194
Employee Costs
305,047
276,578
643,527
310,239
248,226
147,008
87,068
132,612
203,491
40,843
42,388
Number Of Employees
6
6
14
8
6
4
2
3
5
1
1
EBITDA*
-87,224
-259,174
-66,987
3,225
-291,992
-221,271
-206,707
-113,180
52,790
-82,829
-7,194
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Tangible Assets
15,508
15,647
21,927
636
848
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
15,508
15,647
21,927
636
848
Stock & work in progress
Trade Debtors
370,631
366,161
113,418
82,313
1,736
14,633
102,476
130,874
1,750
26,813
Group Debtors
Misc Debtors
239,389
58,605
2,075
1,750
Cash
4,158
3,935
178
23,472
14,509
1,142
misc current assets
total current assets
370,631
366,161
356,965
144,853
1,736
14,633
104,729
156,096
16,259
27,955
total assets
386,139
381,808
378,892
145,489
848
1,736
14,633
104,729
156,096
16,259
27,955
Bank overdraft
Bank loan
Trade Creditors
680,571
589,016
83,058
92,532
77,467
590,541
382,167
140,865
77,158
72,126
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
183,403
209,741
342,355
124,690
126,614
total current liabilities
680,571
589,016
266,461
302,273
419,822
590,541
382,167
265,555
203,772
72,126
loans
1,181,519
773,651
476,351
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,181,519
1,181,519
34,117
35,149
provisions
total long term liabilities
1,181,519
1,181,519
1,181,519
773,651
476,351
34,117
35,149
total liabilities
1,862,090
1,770,535
1,447,980
1,075,924
896,173
590,541
382,167
265,555
203,772
106,243
35,149
net assets
-1,475,951
-1,388,727
-1,069,088
-930,435
-895,325
-588,805
-367,534
-160,826
-47,676
-89,984
-7,194
total shareholders funds
-1,475,951
-1,388,727
-1,069,088
-930,435
-895,325
-588,805
-367,534
-160,826
-47,676
-89,984
-7,194
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Operating Activities
Operating Profit
-87,224
-259,174
-72,696
3,013
-291,992
-221,271
-206,707
-113,180
52,790
-82,829
-7,194
Depreciation
5,709
212
Amortisation
Tax
-10,577
Stock
Debtors
4,470
13,354
211,889
140,918
-1,736
-12,897
-89,918
-28,073
130,874
-25,063
26,813
Creditors
91,555
505,958
-9,474
15,065
-513,074
208,374
241,302
63,707
5,032
72,126
Accruals and Deferred Income
-183,403
-26,338
-132,614
342,355
-124,690
-1,924
126,614
Deferred Taxes & Provisions
Cash flow from operations
-139
50,027
-314,688
-255,242
-460,975
-177
-23,324
42,985
14,360
-34,007
Investing Activities
capital expenditure
139
6,280
-27,000
-848
Change in Investments
cash flow from investments
139
6,280
-27,000
-848
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-1,181,519
407,868
297,300
476,351
Hire Purchase and Lease Commitments
other long term liabilities
1,181,519
-34,117
-1,032
35,149
share issue
-1
1
-1
interest
-60,465
-65,957
-38,123
-14,529
30
95
39
cash flow from financing
-60,466
341,911
259,177
461,823
-1
30
-34,022
-993
35,149
cash and cash equivalents
cash
-4,158
223
3,935
-178
-23,294
8,963
13,367
1,142
overdraft
change in cash
-4,158
223
3,935
-178
-23,294
8,963
13,367
1,142
veritas consultancy (uk) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for veritas consultancy (uk) limited. Get real-time insights into veritas consultancy (uk) limited's credit score, group structure and payment trends.
Perform a competitor analysis for veritas consultancy (uk) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in IG2 area or any other competitors across 12 key performance metrics.
veritas consultancy (uk) limited Ownership
VERITAS CONSULTANCY (UK) LIMITED group structure
Veritas Consultancy (Uk) Limited has 1 subsidiary company.
The sole shareholder of Veritas Consultancy (Uk) Limited is E Investments Group Limited.
e investments group limited
100%
veritas consultancy (uk) limited directors
Veritas Consultancy (Uk) Limited currently has 3 directors.
The longest serving directors include
Mr Mohamed Harrath (Jan 2020) and
Mr Mohamed Harrath (Apr 2022).
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 veritas consultancy (uk) limited.
veritas consultancy (uk) 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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veritas consultancy (uk) limitedCompanies House Filings - See Documents
