vsp accountancy services limited
vsp accountancy services limited Company Information
Company Number
08610067
Next Accounts
Dec 2025
Industry
Tax consultancy
Accounting, and auditing activities
Directors
Shareholders
victoria parkinson
Group Structure
View All
Contact
Registered Address
188 victoria avenue, princes avenue, hull, yorkshire, HU5 3DY
Website
https://vspaccountancy.co.ukvsp accountancy services limited Estimated Valuation
Pomanda estimates the enterprise value of VSP ACCOUNTANCY SERVICES LIMITED at £111.3k based on a Turnover of £94.2k and 1.18x industry multiple (adjusted for size and gross margin).
vsp accountancy services limited Estimated Valuation
Pomanda estimates the enterprise value of VSP ACCOUNTANCY SERVICES LIMITED at £0 based on an EBITDA of £-7.6k and a 5.47x industry multiple (adjusted for size and gross margin).
vsp accountancy services limited Estimated Valuation
Pomanda estimates the enterprise value of VSP ACCOUNTANCY SERVICES LIMITED at £172.2k based on Net Assets of £55k and 3.13x industry multiple (adjusted for liquidity).
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Vsp Accountancy Services Limited Overview
Vsp Accountancy Services Limited is a live company located in hull, HU5 3DY with a Companies House number of 08610067. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in July 2013, it's largest shareholder is victoria parkinson with a 100% stake. Vsp Accountancy Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £94.2k with high growth in recent years.
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Vsp Accountancy Services Limited Health Check
Pomanda's financial health check has awarded Vsp Accountancy Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £94.2k, make it smaller than the average company (£209.9k)
- Vsp Accountancy Services Limited
£209.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (7%)
- Vsp Accountancy Services Limited
7% - Industry AVG
Production
with a gross margin of 76.6%, this company has a comparable cost of product (76.6%)
- Vsp Accountancy Services Limited
76.6% - Industry AVG
Profitability
an operating margin of -8% make it less profitable than the average company (6.9%)
- Vsp Accountancy Services Limited
6.9% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Vsp Accountancy Services Limited
3 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)
- Vsp Accountancy Services Limited
£35.6k - Industry AVG
Efficiency
resulting in sales per employee of £31.4k, this is less efficient (£78.8k)
- Vsp Accountancy Services Limited
£78.8k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (65 days)
- Vsp Accountancy Services Limited
65 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Vsp Accountancy Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vsp Accountancy Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (39 weeks)
15 weeks - Vsp Accountancy Services Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.5%, this is a lower level of debt than the average (61.2%)
30.5% - Vsp Accountancy Services Limited
61.2% - Industry AVG
VSP ACCOUNTANCY SERVICES LIMITED financials
Vsp Accountancy Services Limited's latest turnover from March 2024 is estimated at £94.2 thousand and the company has net assets of £55 thousand. According to their latest financial statements, Vsp Accountancy Services Limited has 3 employees and maintains cash reserves of £1.9 thousand 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 | |||||||||||
| 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 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | ||||
| EBITDA* |
* 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 | 1 | 1 | 1 | 1 | 1 | 1 | 320 | 150 | 0 | 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) | 69,000 | 59,500 | 58,500 | 47,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 69,001 | 59,501 | 58,501 | 47,501 | 1 | 1 | 320 | 150 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,203 | 5,148 | 2,288 | 502 | 5,564 | 4,568 | 1,917 | 1,248 | 2,190 | 500 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 417 | 433 | 145 | 95 | 10,118 | 11,871 | 13,066 | 1,546 | 0 | 0 |
| Cash | 1,887 | 3,054 | 9,029 | 3,966 | 14,724 | 4,667 | 11,722 | 1,724 | 6,708 | 2,886 | 5,343 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,090 | 8,619 | 11,750 | 4,613 | 20,383 | 19,353 | 25,510 | 16,038 | 10,444 | 3,386 | 5,343 |
| total assets | 79,091 | 68,120 | 70,251 | 52,114 | 20,384 | 19,354 | 25,830 | 16,188 | 10,444 | 3,386 | 5,343 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,006 | 0 |
| Group/Directors Accounts | 136 | 516 | 495 | 1,951 | 408 | 0 | 0 | 0 | 992 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 6,265 | 5,193 | 7,485 | 7,804 | 3,822 | 1,495 | 4,023 | 1,700 | 1,914 | 0 | 5,146 |
| total current liabilities | 6,401 | 5,709 | 7,980 | 9,755 | 4,230 | 1,495 | 4,023 | 1,700 | 2,906 | 1,006 | 5,146 |
| 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 | 17,725 | 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 | 17,725 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 24,126 | 5,709 | 7,980 | 9,755 | 4,230 | 1,495 | 4,023 | 1,700 | 2,906 | 1,006 | 5,146 |
| net assets | 54,965 | 62,411 | 62,271 | 42,359 | 16,154 | 17,859 | 21,807 | 14,488 | 7,538 | 2,380 | 197 |
| total shareholders funds | 54,965 | 62,411 | 62,271 | 42,359 | 16,154 | 17,859 | 21,807 | 14,488 | 7,538 | 2,380 | 197 |
| 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 | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 319 | 469 | 150 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 12,138 | 3,844 | 13,074 | 42,488 | -9,027 | 898 | -526 | 10,578 | 3,236 | 500 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,006 | 1,006 | 0 |
| Accruals and Deferred Income | 1,072 | -2,292 | -319 | 3,982 | 2,327 | -2,528 | 2,323 | -214 | 1,914 | -5,146 | 5,146 |
| 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 | -380 | 21 | -1,456 | 1,543 | 408 | 0 | 0 | -992 | 992 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 17,725 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -1,167 | -5,975 | 5,063 | -10,758 | 10,057 | -7,055 | 9,998 | -4,984 | 3,822 | -2,457 | 5,343 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,167 | -5,975 | 5,063 | -10,758 | 10,057 | -7,055 | 9,998 | -4,984 | 3,822 | -2,457 | 5,343 |
vsp accountancy services limited Credit Report and Business Information
Vsp Accountancy Services Limited Competitor Analysis
Perform a competitor analysis for vsp accountancy services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HU5 area or any other competitors across 12 key performance metrics.
vsp accountancy services limited Ownership
VSP ACCOUNTANCY SERVICES LIMITED group structure
Vsp Accountancy Services Limited has no subsidiary companies.
Ultimate parent company
VSP ACCOUNTANCY SERVICES LIMITED
08610067
vsp accountancy services limited directors
Vsp Accountancy Services Limited currently has 1 director, Mrs Victoria Parkinson serving since Jul 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Victoria Parkinson | United Kingdom | 42 years | Jul 2013 | - | Director |
P&L
March 2024turnover
94.2k
+25%
operating profit
-7.6k
0%
gross margin
76.6%
-1.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
55k
-0.12%
total assets
79.1k
+0.16%
cash
1.9k
-0.38%
net assets
Total assets minus all liabilities
vsp accountancy services limited company details
company number
08610067
Type
Private limited with Share Capital
industry
69203 - Tax consultancy
69201 - Accounting, and auditing activities
69202 - Bookkeeping activities
incorporation date
July 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
VSP ACCOUNTANCY SERVICES
auditor
-
address
188 victoria avenue, princes avenue, hull, yorkshire, HU5 3DY
Bank
-
Legal Advisor
-
vsp accountancy services 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 vsp accountancy services limited.
vsp accountancy services 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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vsp accountancy services limited Companies House Filings - See Documents
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