vowpay ltd

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vowpay ltd Company Information

Share VOWPAY LTD

Company Number

09200297

Shareholders

bashir ahmed awale

abdul wadood

Group Structure

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Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

link spaces, suite #02, link spaces, botanica, riding court road, slough, SL3 9LL

vowpay ltd Estimated Valuation

£5.1k

Pomanda estimates the enterprise value of VOWPAY LTD at £5.1k based on a Turnover of £7.4k and 0.69x industry multiple (adjusted for size and gross margin).

vowpay ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of VOWPAY LTD at £0 based on an EBITDA of £-14.7k and a 2.51x industry multiple (adjusted for size and gross margin).

vowpay ltd Estimated Valuation

£64.9k

Pomanda estimates the enterprise value of VOWPAY LTD at £64.9k based on Net Assets of £52.6k and 1.23x industry multiple (adjusted for liquidity).

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Vowpay Ltd Overview

Vowpay Ltd is a live company located in riding court road, SL3 9LL with a Companies House number of 09200297. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in September 2014, it's largest shareholder is bashir ahmed awale with a 51% stake. Vowpay Ltd is a established, micro sized company, Pomanda has estimated its turnover at £7.4k with declining growth in recent years.

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Vowpay Ltd Health Check

Pomanda's financial health check has awarded Vowpay Ltd 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 Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £7.4k, make it smaller than the average company (£5.6m)

£7.4k - Vowpay Ltd

£5.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -63%, show it is growing at a slower rate (7.7%)

-63% - Vowpay Ltd

7.7% - Industry AVG

production

Production

with a gross margin of 12.7%, this company has a higher cost of product (54.4%)

12.7% - Vowpay Ltd

54.4% - Industry AVG

profitability

Profitability

an operating margin of -197.7% make it less profitable than the average company (9.2%)

-197.7% - Vowpay Ltd

9.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (12)

1 - Vowpay Ltd

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £81k, the company has an equivalent pay structure (£81k)

£81k - Vowpay Ltd

£81k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £7.4k, this is less efficient (£222.9k)

£7.4k - Vowpay Ltd

£222.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 6 days, this is earlier than average (33 days)

6 days - Vowpay Ltd

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1428 days, this is slower than average (41 days)

1428 days - Vowpay Ltd

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Vowpay Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Vowpay Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.6%, this is a lower level of debt than the average (70.4%)

35.6% - Vowpay Ltd

70.4% - Industry AVG

VOWPAY LTD financials

EXPORTms excel logo

Vowpay Ltd's latest turnover from July 2024 is estimated at £7.4 thousand and the company has net assets of £52.6 thousand. According to their latest financial statements, we estimate that Vowpay Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015
Turnover7,44938,18999,848143,01276,923104,02054,498
Other Income Or Grants
Cost Of Sales6,50432,00282,613117,61062,05082,03338,042
Gross Profit9456,18717,23525,40214,87321,98716,456
Admin Expenses15,67459,893-128,911122,958-321,93425,05670,91668,02652,005-10,260
Operating Profit-14,729-53,706146,146-97,556336,807-25,056-48,929-68,026-52,00526,716
Interest Payable
Interest Receivable111111413
Pre-Tax Profit-14,729-53,706146,146-97,556336,807-25,045-48,918-68,012-51,99226,716
Tax-27,768-63,993-5,343
Profit After Tax-14,729-53,706118,378-97,556272,814-25,045-48,918-68,012-51,99221,373
Dividends Paid
Retained Profit-14,729-53,706118,378-97,556272,814-25,045-48,918-68,012-51,99221,373
Employee Costs81,04275,887148,000208,81069,23767,04258,867
Number Of Employees1123111
EBITDA*-14,729-53,706146,146-97,556352,573-13,124-38,896-57,993-41,37327,716

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015
Tangible Assets81,534116,451166,296231,912141,0388641,0802,1613,0004,000
Intangible Assets105,44061,67970,63178,355
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets81,534116,451166,296231,912141,038106,30462,75972,79281,3554,000
Stock & work in progress
Trade Debtors1252,9691,50616,42522,617
Group Debtors
Misc Debtors8,8418,2608,260
Cash1,2901,6541,20310,362100
misc current assets
total current assets1252,9691,50616,4251,29010,4959,46318,62222,717
total assets81,659116,451169,265233,418157,463107,59473,25482,25599,97726,717
Bank overdraft
Bank loan
Trade Creditors 25,45345,1764,11697,49657,243151,9535,343
Group/Directors Accounts44,107
other short term finances
hp & lease commitments
other current liabilities6,58848,850160,886110,596
total current liabilities25,45345,17648,22397,49657,2436,588200,803160,886110,5965,343
loans
hp & lease commitments
Accruals and Deferred Income3,5993,939
other liabilities133,258
provisions
total long term liabilities3,5993,939133,258
total liabilities29,05249,11548,223230,75457,2436,588200,803160,886110,5965,343
net assets52,60767,336121,0422,664100,220101,006-127,549-78,631-10,61921,374
total shareholders funds52,60767,336121,0422,664100,220101,006-127,549-78,631-10,61921,374
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015
Operating Activities
Operating Profit-14,729-53,706146,146-97,556336,807-25,056-48,929-68,026-52,00526,716
Depreciation1722161,0811,0818001,000
Amortisation15,59411,7168,9528,9529,832
Tax-27,768-63,993-5,343
Stock
Debtors125-2,9691,463-14,91916,425-8,841581-14,35722,617
Creditors-19,72341,060-93,38040,25357,243-151,953151,953-5,3435,343
Accruals and Deferred Income-3403,939-6,588-42,262-112,03650,290110,596
Deferred Taxes & Provisions
Cash flow from operations-34,917-5,73823,535-42,384322,810-198,498440-7,70378,2375,099
Investing Activities
capital expenditure34,91749,84565,616-90,874-50,500-55,477-1,470-87,987-5,000
Change in Investments
cash flow from investments34,91749,84565,616-90,874-50,500-55,477-1,470-87,987-5,000
Financing Activities
Bank loans
Group/Directors Accounts-44,10744,107
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-133,258133,258
share issue-273,600253,60019,9991
interest111111413
cash flow from financing-44,107-89,151133,258-273,599253,611111420,0121
cash and cash equivalents
cash-1,290-364451-9,15910,262100
overdraft
change in cash-1,290-364451-9,15910,262100

vowpay ltd 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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Vowpay Ltd Competitor Analysis

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Perform a competitor analysis for vowpay ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SL3 area or any other competitors across 12 key performance metrics.

vowpay ltd Ownership

VOWPAY LTD group structure

Vowpay Ltd has no subsidiary companies.

Ultimate parent company

VOWPAY LTD

09200297

VOWPAY LTD Shareholders

bashir ahmed awale 51%
abdul wadood 49%

vowpay ltd directors

Vowpay Ltd currently has 2 directors. The longest serving directors include Mr Abdul Wadood (Sep 2014) and Mr Bashir Awale (Jan 2024).

officercountryagestartendrole
Mr Abdul WadoodUnited Kingdom47 years Sep 2014- Director
Mr Bashir AwaleUnited Kingdom46 years Jan 2024- Director

P&L

July 2024

turnover

7.4k

-80%

operating profit

-14.7k

0%

gross margin

12.7%

-21.68%

turnover

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

Balance Sheet

July 2024

net assets

52.6k

-0.22%

total assets

81.7k

-0.3%

cash

0

0%

net assets

Total assets minus all liabilities

vowpay ltd company details

company number

09200297

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

September 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

July 2024

previous names

devbatch limited (December 2015)

dev batch ltd (February 2015)

accountant

-

auditor

-

address

link spaces, suite #02, link spaces, botanica, riding court road, slough, SL3 9LL

Bank

-

Legal Advisor

-

vowpay 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 vowpay ltd.

vowpay 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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vowpay ltd Companies House Filings - See Documents

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