vantage tax fee protection limited

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vantage tax fee protection limited Company Information

Share VANTAGE TAX FEE PROTECTION LIMITED

Company Number

08850854

Shareholders

gordon investments limited

hare investments ltd

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Group Structure

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Industry

Activities of insurance agents and brokers

 

Registered Address

windsor house, troon way business centre, leicester, leicestershire, LE4 9HA

vantage tax fee protection limited Estimated Valuation

£6.6m

Pomanda estimates the enterprise value of VANTAGE TAX FEE PROTECTION LIMITED at £6.6m based on a Turnover of £6.3m and 1.04x industry multiple (adjusted for size and gross margin).

vantage tax fee protection limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of VANTAGE TAX FEE PROTECTION LIMITED at £2.4m based on an EBITDA of £409.1k and a 5.81x industry multiple (adjusted for size and gross margin).

vantage tax fee protection limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VANTAGE TAX FEE PROTECTION LIMITED at £0 based on Net Assets of £-57.1k and 1.72x industry multiple (adjusted for liquidity).

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Vantage Tax Fee Protection Limited Overview

Vantage Tax Fee Protection Limited is a live company located in leicester, LE4 9HA with a Companies House number of 08850854. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in January 2014, it's largest shareholder is gordon investments limited with a 31% stake. Vantage Tax Fee Protection Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.3m with healthy growth in recent years.

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Vantage Tax Fee Protection Limited Health Check

Pomanda's financial health check has awarded Vantage Tax Fee Protection Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £6.3m, make it larger than the average company (£3m)

£6.3m - Vantage Tax Fee Protection Limited

£3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.8%)

7% - Vantage Tax Fee Protection Limited

6.8% - Industry AVG

production

Production

with a gross margin of 95%, this company has a comparable cost of product (95%)

95% - Vantage Tax Fee Protection Limited

95% - Industry AVG

profitability

Profitability

an operating margin of 6.2% make it less profitable than the average company (19.6%)

6.2% - Vantage Tax Fee Protection Limited

19.6% - Industry AVG

employees

Employees

with 25 employees, this is above the industry average (19)

25 - Vantage Tax Fee Protection Limited

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.4k, the company has an equivalent pay structure (£52.4k)

£52.4k - Vantage Tax Fee Protection Limited

£52.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £252.5k, this is more efficient (£126.4k)

£252.5k - Vantage Tax Fee Protection Limited

£126.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 151 days, this is later than average (73 days)

151 days - Vantage Tax Fee Protection Limited

73 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2409 days, this is slower than average (150 days)

2409 days - Vantage Tax Fee Protection Limited

150 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Vantage Tax Fee Protection Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (33 weeks)

6 weeks - Vantage Tax Fee Protection Limited

33 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 101.4%, this is a higher level of debt than the average (58.1%)

101.4% - Vantage Tax Fee Protection Limited

58.1% - Industry AVG

VANTAGE TAX FEE PROTECTION LIMITED financials

EXPORTms excel logo

Vantage Tax Fee Protection Limited's latest turnover from December 2023 is estimated at £6.3 million and the company has net assets of -£57.1 thousand. According to their latest financial statements, Vantage Tax Fee Protection Limited has 25 employees and maintains cash reserves of £552.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Turnover6,313,5905,978,8255,162,5105,142,1645,094,0584,582,8671,163,530596,845179,80720,555
Other Income Or Grants
Cost Of Sales316,683340,059538,692561,841648,850569,891151,39983,15629,4994,866
Gross Profit5,996,9075,638,7664,623,8184,580,3224,445,2084,012,9761,012,131513,689150,30815,690
Admin Expenses5,603,9625,613,4784,995,6804,227,8394,577,8644,061,241423,346895,762410,60992,030
Operating Profit392,94525,288-371,862352,483-132,656-48,265588,785-382,073-260,301-76,340
Interest Payable11,44227,5168,518
Interest Receivable24,62212,8861,0824663,1663,0384,2383,1749764
Pre-Tax Profit417,56738,174-370,780352,949-129,490-45,228581,581-406,415-267,843-76,336
Tax-104,392-7,253-67,06027,464
Profit After Tax313,17530,921-370,780285,889-129,490-45,228609,045-406,415-267,843-76,336
Dividends Paid
Retained Profit313,17530,921-370,780285,889-129,490-45,228609,045-406,415-267,843-76,336
Employee Costs1,309,6411,240,7861,266,1131,253,0761,260,1981,287,1591,044,921580,104131,88842,532
Number Of Employees252525252627231331
EBITDA*409,06051,249-339,609375,994-108,475-34,606592,458-379,807-258,971-76,074

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Tangible Assets9,4317,70218,19830,01151,36172,1068,9026,4316,1984,551
Intangible Assets21,08213,34826,70537,50822,907
Investments & Other100100100100100100
Debtors (Due After 1 year)372,572360,627
Total Fixed Assets30,61321,15045,003440,191434,99572,2068,9026,4316,1984,551
Stock & work in progress
Trade Debtors2,623,0102,579,4892,159,5281,934,0201,638,2261,534,8931,184,478463,666155,8422,951
Group Debtors646,415331,84455,000
Misc Debtors201,234231,328463,800218,638210,170435,448243,906141,08373,030
Cash552,178385,784350,561515,002417,706426,492383,509226,514105,9161,644
misc current assets49,156
total current assets4,022,8373,577,6012,973,8892,667,6602,266,1022,396,8331,866,893831,263334,7884,595
total assets4,053,4503,598,7513,018,8923,107,8512,701,0972,469,0391,875,795837,694340,9869,146
Bank overdraft
Bank loan
Trade Creditors 2,090,6802,431,4961,831,2651,740,7931,515,9861,456,1261,074,684491,870164,44785,480
Group/Directors Accounts1,802,0321,107,40789,56489,56489,66589,665860,8401,066,653503,483
other short term finances
hp & lease commitments
other current liabilities217,798430,0831,499,2191,307,8701,411,7111,110,02381,81829,76317,233
total current liabilities4,110,5103,968,9863,420,0483,138,2273,017,3622,655,8142,017,3421,588,286685,16385,480
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities4,110,5103,968,9863,420,0483,138,2273,017,3622,655,8142,017,3421,588,286685,16385,480
net assets-57,060-370,235-401,156-30,376-316,265-186,775-141,547-750,592-344,177-76,334
total shareholders funds-57,060-370,235-401,156-30,376-316,265-186,775-141,547-750,592-344,177-76,334
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Operating Activities
Operating Profit392,94525,288-371,862352,483-132,656-48,265588,785-382,073-260,301-76,340
Depreciation3,52612,60421,45021,35022,02013,6593,6732,2661,330266
Amortisation12,58913,35710,8032,1612,161
Tax-104,392-7,253-67,06027,464
Stock
Debtors327,998519,33398,098316,207238,682486,957878,635375,877225,9212,951
Creditors-340,816600,23190,472224,80759,860381,442582,814327,42378,96785,480
Accruals and Deferred Income-212,285-1,069,136191,349-103,841301,6881,028,20552,05512,53017,233
Deferred Taxes & Provisions
Cash flow from operations-576,431-944,242-155,886113,69314,391888,084376,156-415,731-388,6926,455
Investing Activities
capital expenditure-25,578-2,108-9,637-16,762-26,343-76,863-6,144-2,499-2,977-4,817
Change in Investments100
cash flow from investments-25,578-2,108-9,637-16,762-26,343-76,963-6,144-2,499-2,977-4,817
Financing Activities
Bank loans
Group/Directors Accounts694,6251,017,843-101-771,175-205,813563,170503,483
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2
interest24,62212,8861,0824663,1663,038-7,204-24,342-7,5424
cash flow from financing719,2471,030,7291,0823653,166-768,137-213,017538,828495,9416
cash and cash equivalents
cash166,39435,223-164,44197,296-8,78642,983156,995120,598104,2721,644
overdraft
change in cash166,39435,223-164,44197,296-8,78642,983156,995120,598104,2721,644

vantage tax fee protection 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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Vantage Tax Fee Protection Limited Competitor Analysis

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Perform a competitor analysis for vantage tax fee protection limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in LE4 area or any other competitors across 12 key performance metrics.

vantage tax fee protection limited Ownership

VANTAGE TAX FEE PROTECTION LIMITED group structure

Vantage Tax Fee Protection Limited has 1 subsidiary company.

Ultimate parent company

VANTAGE TAX FEE PROTECTION LIMITED

08850854

1 subsidiary

VANTAGE TAX FEE PROTECTION LIMITED Shareholders

gordon investments limited 31%
hare investments ltd 31%
brendan dawson 17%
steven wade 15%
mark walker 5%
david cunliffe 1%

vantage tax fee protection limited directors

Vantage Tax Fee Protection Limited currently has 6 directors. The longest serving directors include Mr Stephen Greenwell (Jan 2014) and Mr Alfred Gordon (Jan 2015).

officercountryagestartendrole
Mr Stephen Greenwell66 years Jan 2014- Director
Mr Alfred GordonEngland65 years Jan 2015- Director
Mr Alfred GordonUnited Kingdom65 years Jan 2015- Director
Mr Brendan DawsonEngland65 years Dec 2015- Director
Mr Steven Wade47 years Nov 2016- Director
Mr Mark WalkerEngland41 years Oct 2020- Director

P&L

December 2023

turnover

6.3m

+6%

operating profit

392.9k

0%

gross margin

95%

+0.71%

turnover

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

Balance Sheet

December 2023

net assets

-57.1k

-0.85%

total assets

4.1m

+0.13%

cash

552.2k

+0.43%

net assets

Total assets minus all liabilities

vantage tax fee protection limited company details

company number

08850854

Type

Private limited with Share Capital

industry

66220 - Activities of insurance agents and brokers

incorporation date

January 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

qdos vantage limited (April 2018)

accountant

QACCOUNTING LTD

auditor

-

address

windsor house, troon way business centre, leicester, leicestershire, LE4 9HA

Bank

-

Legal Advisor

-

vantage tax fee protection 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 vantage tax fee protection limited.

vantage tax fee protection 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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vantage tax fee protection limited Companies House Filings - See Documents

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