veesion ltd
veesion ltd Company Information
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
71-75 shelton street, london, WC2H 9JQ
Website
www.veesion.co.ukveesion ltd Estimated Valuation
Pomanda estimates the enterprise value of VEESION LTD at £36.6k based on a Turnover of £68.2k and 0.54x industry multiple (adjusted for size and gross margin).
veesion ltd Estimated Valuation
Pomanda estimates the enterprise value of VEESION LTD at £0 based on an EBITDA of £-3.4k and a 3.59x industry multiple (adjusted for size and gross margin).
veesion ltd Estimated Valuation
Pomanda estimates the enterprise value of VEESION LTD at £0 based on Net Assets of £-3.3k and 2.23x industry multiple (adjusted for liquidity).
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Veesion Ltd Overview
Veesion Ltd is a live company located in london, WC2H 9JQ with a Companies House number of 08986573. It operates in the other information technology service activities sector, SIC Code 62090. Founded in April 2014, it's largest shareholder is marco donalisio with a 100% stake. Veesion Ltd is a established, micro sized company, Pomanda has estimated its turnover at £68.2k with declining growth in recent years.
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Veesion Ltd Health Check
Pomanda's financial health check has awarded Veesion Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £68.2k, make it smaller than the average company (£6.6m)
- Veesion Ltd
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (6.7%)
- Veesion Ltd
6.7% - Industry AVG
Production
with a gross margin of 25.7%, this company has a higher cost of product (49.7%)
- Veesion Ltd
49.7% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (3.4%)
- Veesion Ltd
3.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (40)
2 - Veesion Ltd
40 - Industry AVG
Pay Structure
on an average salary of £70.2k, the company has an equivalent pay structure (£70.2k)
- Veesion Ltd
£70.2k - Industry AVG
Efficiency
resulting in sales per employee of £34.1k, this is less efficient (£173.1k)
- Veesion Ltd
£173.1k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (54 days)
- Veesion Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is close to average (35 days)
- Veesion Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Veesion Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Veesion Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 301.3%, this is a higher level of debt than the average (63.5%)
301.3% - Veesion Ltd
63.5% - Industry AVG
VEESION LTD financials
Veesion Ltd's latest turnover from April 2023 is estimated at £68.2 thousand and the company has net assets of -£3.3 thousand. According to their latest financial statements, Veesion Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,617 | 30,730 | 29,421 | 26,113 | 23,709 | 6,354 | 16,518 | 27,727 | 6,602 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 84 | 57 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,617 | 30,730 | 29,421 | 26,113 | 23,709 | 6,354 | 16,518 | 27,811 | 6,659 |
| total assets | 1,617 | 30,730 | 29,421 | 26,113 | 23,709 | 6,354 | 16,518 | 27,811 | 6,659 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,872 | 5,630 | 4,309 | 1,001 | 0 | 6,254 | 16,413 | 27,704 | 6,558 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,872 | 5,630 | 4,309 | 1,001 | 0 | 6,254 | 16,413 | 27,704 | 6,558 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 25,000 | 25,000 | 25,000 | 25,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 25,000 | 25,000 | 25,000 | 25,000 | 0 | 0 | 0 | 0 |
| total liabilities | 4,872 | 30,630 | 29,309 | 26,001 | 25,000 | 6,254 | 16,413 | 27,704 | 6,558 |
| net assets | -3,255 | 100 | 112 | 112 | -1,291 | 100 | 105 | 107 | 101 |
| total shareholders funds | -3,255 | 100 | 112 | 112 | -1,291 | 100 | 105 | 107 | 101 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Debtors | -29,113 | 1,309 | 3,308 | 2,404 | 17,355 | -10,164 | -11,209 | 21,125 | 6,602 |
| Creditors | -758 | 1,321 | 3,308 | 1,001 | -6,254 | -10,159 | -11,291 | 21,146 | 6,558 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -25,000 | 0 | 0 | 0 | 25,000 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -84 | 27 | 57 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -84 | 27 | 57 |
veesion ltd Credit Report and Business Information
Veesion Ltd Competitor Analysis
Perform a competitor analysis for veesion ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
veesion ltd Ownership
VEESION LTD group structure
Veesion Ltd has no subsidiary companies.
Ultimate parent company
VEESION LTD
08986573
veesion ltd directors
Veesion Ltd currently has 1 director, Mr Marco Donalisio serving since Apr 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marco Donalisio | United Kingdom | 46 years | Apr 2014 | - | Director |
P&L
April 2023turnover
68.2k
-44%
operating profit
-3.4k
0%
gross margin
25.7%
-0.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-3.3k
-33.55%
total assets
1.6k
-0.95%
cash
0
0%
net assets
Total assets minus all liabilities
veesion ltd company details
company number
08986573
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
April 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
71-75 shelton street, london, WC2H 9JQ
Bank
-
Legal Advisor
-
veesion ltd 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 veesion ltd.
veesion ltd 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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veesion ltd Companies House Filings - See Documents
| date | description | view/download |
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