veritas investments (uk) limited
veritas investments (uk) limited Company Information
Company Number
08524792
Next Accounts
Feb 2025
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Directors
Shareholders
syed jeff erik jaffrey
Group Structure
View All
Contact
Registered Address
1 mayfair place, london, W1J 8AJ
Website
v-global-a.comveritas investments (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of VERITAS INVESTMENTS (UK) LIMITED at £116k based on a Turnover of £197.3k and 0.59x industry multiple (adjusted for size and gross margin).
veritas investments (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of VERITAS INVESTMENTS (UK) LIMITED at £75.2k based on an EBITDA of £17.6k and a 4.29x industry multiple (adjusted for size and gross margin).
veritas investments (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of VERITAS INVESTMENTS (UK) LIMITED at £3.4m based on Net Assets of £1.5m and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Veritas Investments (uk) Limited Overview
Veritas Investments (uk) Limited is a live company located in london, W1J 8AJ with a Companies House number of 08524792. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in May 2013, it's largest shareholder is syed jeff erik jaffrey with a 100% stake. Veritas Investments (uk) Limited is a established, micro sized company, Pomanda has estimated its turnover at £197.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Veritas Investments (uk) Limited Health Check
Pomanda's financial health check has awarded Veritas Investments (Uk) Limited a 3.5 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £197.3k, make it smaller than the average company (£1.7m)
- Veritas Investments (uk) Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (5.8%)
- Veritas Investments (uk) Limited
5.8% - Industry AVG
Production
with a gross margin of 44.8%, this company has a comparable cost of product (44.8%)
- Veritas Investments (uk) Limited
44.8% - Industry AVG
Profitability
an operating margin of 8.9% make it more profitable than the average company (6.2%)
- Veritas Investments (uk) Limited
6.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (16)
- Veritas Investments (uk) Limited
16 - Industry AVG
Pay Structure
on an average salary of £49.3k, the company has an equivalent pay structure (£49.3k)
- Veritas Investments (uk) Limited
£49.3k - Industry AVG
Efficiency
resulting in sales per employee of £98.6k, this is less efficient (£117.8k)
- Veritas Investments (uk) Limited
£117.8k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (56 days)
- Veritas Investments (uk) Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (31 days)
- Veritas Investments (uk) Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Veritas Investments (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (28 weeks)
0 weeks - Veritas Investments (uk) Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.4%, this is a lower level of debt than the average (52.8%)
25.4% - Veritas Investments (uk) Limited
52.8% - Industry AVG
VERITAS INVESTMENTS (UK) LIMITED financials
Veritas Investments (Uk) Limited's latest turnover from May 2023 is estimated at £197.3 thousand and the company has net assets of £1.5 million. According to their latest financial statements, we estimate that Veritas Investments (Uk) Limited has 2 employees and maintains cash reserves of £10 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 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 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,955,583 | 1,955,583 | 1,955,583 | 1,955,583 | 1,917,698 | 1,901,240 | 1,740,683 | 575,650 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,955,583 | 1,955,583 | 1,955,583 | 1,955,583 | 1,917,698 | 1,901,240 | 1,740,683 | 575,650 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 37,295 | 37,295 | 37,295 | 37,295 | 37,295 | 37,295 | 37,295 | 37,295 | 37,838 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 61,179 | 61,179 | 29,314 | 19,730 | 19,730 | 19,730 | 19,730 | 26,989 | 0 | 0 |
| Cash | 10 | 17 | 10 | 145 | 10 | 10 | 10 | 248 | 503 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 98,484 | 98,491 | 66,619 | 57,170 | 57,035 | 57,035 | 57,035 | 64,532 | 38,341 | 0 |
| total assets | 2,054,067 | 2,054,074 | 2,022,202 | 2,012,753 | 1,974,733 | 1,958,275 | 1,797,718 | 640,182 | 38,341 | 0 |
| Bank overdraft | 21 | 0 | 0 | 0 | 0 | 0 | 0 | 3,618 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,256 | 15,256 | 15,256 | 15,256 | 14,906 | 14,906 | 14,906 | 24,906 | 32,235 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 67,314 | 76,571 | 74,450 | 73,407 | 76,648 | 69,398 | 68,574 | 65,773 | 0 | 0 |
| total current liabilities | 82,591 | 91,827 | 89,706 | 88,663 | 91,554 | 84,304 | 83,480 | 94,297 | 32,235 | 0 |
| loans | 50,000 | 50,000 | 50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 27,344 | 27,344 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 362,061 | 362,061 | 362,061 | 362,061 | 354,863 | 351,736 | 321,230 | 105,130 | 0 | 0 |
| total long term liabilities | 439,405 | 439,405 | 422,061 | 412,061 | 354,863 | 351,736 | 321,230 | 105,130 | 0 | 0 |
| total liabilities | 521,996 | 531,232 | 511,767 | 500,724 | 446,417 | 436,040 | 404,710 | 199,427 | 32,235 | 0 |
| net assets | 1,532,071 | 1,522,842 | 1,510,435 | 1,512,029 | 1,528,316 | 1,522,235 | 1,393,008 | 440,755 | 6,106 | 0 |
| total shareholders funds | 1,532,071 | 1,522,842 | 1,510,435 | 1,512,029 | 1,528,316 | 1,522,235 | 1,393,008 | 440,755 | 6,106 | 0 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 31,865 | 9,584 | 0 | 0 | 0 | -7,259 | 26,446 | 37,838 | 0 |
| Creditors | 0 | 0 | 0 | 350 | 0 | 0 | -10,000 | -7,329 | 32,235 | 0 |
| Accruals and Deferred Income | -9,257 | 2,121 | 1,043 | -3,241 | 7,250 | 824 | 2,801 | 65,773 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 7,198 | 3,127 | 30,506 | 216,100 | 105,130 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 37,885 | 16,458 | 160,557 | 1,165,033 | 575,650 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 17,344 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -7 | 7 | -135 | 135 | 0 | 0 | -238 | -255 | 503 | 0 |
| overdraft | 21 | 0 | 0 | 0 | 0 | 0 | -3,618 | 3,618 | 0 | 0 |
| change in cash | -28 | 7 | -135 | 135 | 0 | 0 | 3,380 | -3,873 | 503 | 0 |
veritas investments (uk) limited Credit Report and Business Information
Veritas Investments (uk) Limited Competitor Analysis
Perform a competitor analysis for veritas investments (uk) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in W1J area or any other competitors across 12 key performance metrics.
veritas investments (uk) limited Ownership
VERITAS INVESTMENTS (UK) LIMITED group structure
Veritas Investments (Uk) Limited has no subsidiary companies.
Ultimate parent company
VERITAS INVESTMENTS (UK) LIMITED
08524792
veritas investments (uk) limited directors
Veritas Investments (Uk) Limited currently has 1 director, Syed Jaffrey serving since May 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Syed Jaffrey | England | 42 years | May 2013 | - | Director |
P&L
May 2023turnover
197.3k
+5%
operating profit
17.6k
0%
gross margin
44.8%
+0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.5m
+0.01%
total assets
2.1m
0%
cash
10
-0.41%
net assets
Total assets minus all liabilities
veritas investments (uk) limited company details
company number
08524792
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
May 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
1 mayfair place, london, W1J 8AJ
Bank
-
Legal Advisor
-
veritas investments (uk) 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 veritas investments (uk) limited.
veritas investments (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.
Click to start generating capital raising & share issue transactions for VERITAS INVESTMENTS (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
veritas investments (uk) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
