veritas london limited
veritas london limited Company Information
Company Number
09755181
Next Accounts
Apr 2025
Industry
Development of building projects
Directors
Shareholders
richard steven gruft
Group Structure
View All
Contact
Registered Address
oakview ockham road south, east horsley, leatherhead, surrey, KT24 6SG
Website
www.veritasinvestment.co.ukveritas london limited Estimated Valuation
Pomanda estimates the enterprise value of VERITAS LONDON LIMITED at £237.1k based on a Turnover of £680.6k and 0.35x industry multiple (adjusted for size and gross margin).
veritas london limited Estimated Valuation
Pomanda estimates the enterprise value of VERITAS LONDON LIMITED at £0 based on an EBITDA of £-12.5k and a 2.52x industry multiple (adjusted for size and gross margin).
veritas london limited Estimated Valuation
Pomanda estimates the enterprise value of VERITAS LONDON LIMITED at £132k based on Net Assets of £95.8k and 1.38x industry multiple (adjusted for liquidity).
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Veritas London Limited Overview
Veritas London Limited is a live company located in leatherhead, KT24 6SG with a Companies House number of 09755181. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2015, it's largest shareholder is richard steven gruft with a 100% stake. Veritas London Limited is a established, small sized company, Pomanda has estimated its turnover at £680.6k with declining growth in recent years.
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Veritas London Limited Health Check
Pomanda's financial health check has awarded Veritas London Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £680.6k, make it smaller than the average company (£2.2m)
- Veritas London Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (3.2%)
- Veritas London Limited
3.2% - Industry AVG
Production
with a gross margin of 9.5%, this company has a higher cost of product (26.4%)
- Veritas London Limited
26.4% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (7.4%)
- Veritas London Limited
7.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Veritas London Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- Veritas London Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £680.6k, this is more efficient (£280k)
- Veritas London Limited
£280k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (27 days)
- Veritas London Limited
27 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Veritas London Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Veritas London Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Veritas London Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.7%, this is a lower level of debt than the average (72.9%)
28.7% - Veritas London Limited
72.9% - Industry AVG
VERITAS LONDON LIMITED financials
Veritas London Limited's latest turnover from July 2023 is estimated at £680.6 thousand and the company has net assets of £95.8 thousand. According to their latest financial statements, we estimate that Veritas London Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 134,362 | 291,035 | 576,057 | 603,637 | 539,345 | 541,340 | 454,980 | 2 | 0 |
| 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 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 134,362 | 291,035 | 576,057 | 603,637 | 539,345 | 541,340 | 454,980 | 2 | 0 |
| total assets | 134,362 | 291,035 | 576,057 | 603,637 | 539,345 | 541,340 | 454,980 | 2 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 138,063 | 59,946 | 91,261 | 82,544 | 412,865 | 310,932 | 0 | 0 |
| 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 | 0 | 138,063 | 59,946 | 91,261 | 82,544 | 412,865 | 310,932 | 0 | 0 |
| 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 | 38,518 | 44,622 | 525,553 | 528,050 | 478,050 | 0 | 150,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 38,518 | 44,622 | 525,553 | 528,050 | 478,050 | 158,634 | 150,000 | 0 | 0 |
| total liabilities | 38,518 | 182,685 | 585,499 | 619,311 | 560,594 | 571,499 | 460,932 | 0 | 0 |
| net assets | 95,844 | 108,350 | -9,442 | -15,674 | -21,249 | -30,159 | -5,952 | 2 | 0 |
| total shareholders funds | 95,844 | 108,350 | -9,442 | -15,674 | -21,249 | -30,159 | -5,952 | 2 | 0 |
| Jul 2023 | Jul 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -156,673 | -285,022 | -27,580 | 64,292 | -1,995 | 86,360 | 454,978 | 2 | 0 |
| Creditors | -138,063 | 78,117 | -31,315 | 8,717 | -330,321 | 101,933 | 310,932 | 0 | 0 |
| 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 | -6,104 | -480,931 | -2,497 | 50,000 | 478,050 | -150,000 | 150,000 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
veritas london limited Credit Report and Business Information
Veritas London Limited Competitor Analysis
Perform a competitor analysis for veritas london limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in KT24 area or any other competitors across 12 key performance metrics.
veritas london limited Ownership
VERITAS LONDON LIMITED group structure
Veritas London Limited has no subsidiary companies.
Ultimate parent company
VERITAS LONDON LIMITED
09755181
veritas london limited directors
Veritas London Limited currently has 1 director, Mr Richard Gruft serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Gruft | England | 45 years | May 2017 | - | Director |
P&L
July 2023turnover
680.6k
-30%
operating profit
-12.5k
0%
gross margin
9.6%
+1.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
95.8k
-0.12%
total assets
134.4k
-0.54%
cash
0
0%
net assets
Total assets minus all liabilities
veritas london limited company details
company number
09755181
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
oakview ockham road south, east horsley, leatherhead, surrey, KT24 6SG
Bank
-
Legal Advisor
-
veritas london 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 veritas london limited.
veritas london 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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veritas london limited Companies House Filings - See Documents
| date | description | view/download |
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