venture construction & developments (renovation) worcester limited
venture construction & developments (renovation) worcester limited Company Information
Company Number
09748960
Next Accounts
1916 days late
Industry
Construction of domestic buildings
Shareholders
venture construction & developments holdings (worcester) limited
Group Structure
View All
Contact
Registered Address
28-30 blucher street, birmingham, west midlands, B1 1QH
Website
-venture construction & developments (renovation) worcester limited Estimated Valuation
Pomanda estimates the enterprise value of VENTURE CONSTRUCTION & DEVELOPMENTS (RENOVATION) WORCESTER LIMITED at £2.3m based on a Turnover of £4.6m and 0.51x industry multiple (adjusted for size and gross margin).
venture construction & developments (renovation) worcester limited Estimated Valuation
Pomanda estimates the enterprise value of VENTURE CONSTRUCTION & DEVELOPMENTS (RENOVATION) WORCESTER LIMITED at £102.2k based on an EBITDA of £25.3k and a 4.04x industry multiple (adjusted for size and gross margin).
venture construction & developments (renovation) worcester limited Estimated Valuation
Pomanda estimates the enterprise value of VENTURE CONSTRUCTION & DEVELOPMENTS (RENOVATION) WORCESTER LIMITED at £212.9k based on Net Assets of £157.7k and 1.35x industry multiple (adjusted for liquidity).
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Venture Construction & Developments (renovation) Worcester Limited Overview
Venture Construction & Developments (renovation) Worcester Limited is a live company located in west midlands, B1 1QH with a Companies House number of 09748960. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in August 2015, it's largest shareholder is venture construction & developments holdings (worcester) limited with a 100% stake. Venture Construction & Developments (renovation) Worcester Limited is a established, small sized company, Pomanda has estimated its turnover at £4.6m with unknown growth in recent years.
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Venture Construction & Developments (renovation) Worcester Limited Health Check
Pomanda's financial health check has awarded Venture Construction & Developments (Renovation) Worcester 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 £4.6m, make it larger than the average company (£476k)
- Venture Construction & Developments (renovation) Worcester Limited
£476k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Venture Construction & Developments (renovation) Worcester Limited
- - Industry AVG
Production
with a gross margin of 23%, this company has a comparable cost of product (23%)
- Venture Construction & Developments (renovation) Worcester Limited
23% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (9.8%)
- Venture Construction & Developments (renovation) Worcester Limited
9.8% - Industry AVG
Employees
with 8 employees, this is above the industry average (6)
8 - Venture Construction & Developments (renovation) Worcester Limited
6 - Industry AVG
Pay Structure
on an average salary of £39.5k, the company has an equivalent pay structure (£39.5k)
- Venture Construction & Developments (renovation) Worcester Limited
£39.5k - Industry AVG
Efficiency
resulting in sales per employee of £571.2k, this is more efficient (£259.4k)
- Venture Construction & Developments (renovation) Worcester Limited
£259.4k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (27 days)
- Venture Construction & Developments (renovation) Worcester Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is close to average (31 days)
- Venture Construction & Developments (renovation) Worcester Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Venture Construction & Developments (renovation) Worcester Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Venture Construction & Developments (renovation) Worcester Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.9%, this is a higher level of debt than the average (74%)
87.9% - Venture Construction & Developments (renovation) Worcester Limited
74% - Industry AVG
VENTURE CONSTRUCTION & DEVELOPMENTS (RENOVATION) WORCESTER LIMITED financials
Venture Construction & Developments (Renovation) Worcester Limited's latest turnover from January 2018 is estimated at £4.6 million and the company has net assets of £157.7 thousand. According to their latest financial statements, Venture Construction & Developments (Renovation) Worcester Limited has 8 employees and maintains cash reserves of £17.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2018 | Jan 2017 | |
|---|---|---|
| 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 | 8 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2018 | Jan 2017 | |
|---|---|---|
| Tangible Assets | 25,043 | 26,904 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 25,043 | 26,904 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 654,527 | 373,260 |
| Group Debtors | 479,995 | 0 |
| Misc Debtors | 132,500 | 0 |
| Cash | 17,075 | 2,623 |
| misc current assets | 0 | 0 |
| total current assets | 1,284,097 | 375,883 |
| total assets | 1,309,140 | 402,787 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 320,982 | 68,158 |
| Group/Directors Accounts | 1,410 | 25,078 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 824,299 | 161,957 |
| total current liabilities | 1,146,691 | 255,193 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 4,758 | 5,381 |
| total long term liabilities | 4,758 | 5,381 |
| total liabilities | 1,151,449 | 260,574 |
| net assets | 157,691 | 142,213 |
| total shareholders funds | 157,691 | 142,213 |
| Jan 2018 | Jan 2017 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 6,261 | 6,728 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 893,762 | 373,260 |
| Creditors | 252,824 | 68,158 |
| Accruals and Deferred Income | 662,342 | 161,957 |
| Deferred Taxes & Provisions | -623 | 5,381 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | -23,668 | 25,078 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 14,452 | 2,623 |
| overdraft | 0 | 0 |
| change in cash | 14,452 | 2,623 |
venture construction & developments (renovation) worcester limited Credit Report and Business Information
Venture Construction & Developments (renovation) Worcester Limited Competitor Analysis
Perform a competitor analysis for venture construction & developments (renovation) worcester limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in B 1 area or any other competitors across 12 key performance metrics.
venture construction & developments (renovation) worcester limited Ownership
VENTURE CONSTRUCTION & DEVELOPMENTS (RENOVATION) WORCESTER LIMITED group structure
Venture Construction & Developments (Renovation) Worcester Limited has no subsidiary companies.
Ultimate parent company
1 parent
VENTURE CONSTRUCTION & DEVELOPMENTS (RENOVATION) WORCESTER LIMITED
09748960
venture construction & developments (renovation) worcester limited directors
Venture Construction & Developments (Renovation) Worcester Limited currently has 2 directors. The longest serving directors include Mrs Silvana Tucker (Aug 2015) and Mr Jason Tucker (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Silvana Tucker | 65 years | Aug 2015 | - | Director | |
| Mr Jason Tucker | England | 46 years | Jun 2019 | - | Director |
P&L
January 2018turnover
4.6m
+62%
operating profit
19.1k
0%
gross margin
23%
-1.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2018net assets
157.7k
+0.11%
total assets
1.3m
+2.25%
cash
17.1k
+5.51%
net assets
Total assets minus all liabilities
venture construction & developments (renovation) worcester limited company details
company number
09748960
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
August 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2018
previous names
N/A
accountant
-
auditor
-
address
28-30 blucher street, birmingham, west midlands, B1 1QH
Bank
-
Legal Advisor
-
venture construction & developments (renovation) worcester 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 venture construction & developments (renovation) worcester limited.
venture construction & developments (renovation) worcester 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 VENTURE CONSTRUCTION & DEVELOPMENTS (RENOVATION) WORCESTER LIMITED. This can take several minutes, an email will notify you when this has completed.
venture construction & developments (renovation) worcester limited Companies House Filings - See Documents
| date | description | view/download |
|---|
