vip payments ltd
vip payments ltd Company Information
Company Number
09841893
Next Accounts
Sep 2025
Shareholders
blk trade ltd
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
39 fitzroy square, london, W1T 6EZ
Website
exchangefair.co.ukvip payments ltd Estimated Valuation
Pomanda estimates the enterprise value of VIP PAYMENTS LTD at £2.2m based on a Turnover of £2.1m and 1.05x industry multiple (adjusted for size and gross margin).
vip payments ltd Estimated Valuation
Pomanda estimates the enterprise value of VIP PAYMENTS LTD at £0 based on an EBITDA of £-47.4k and a 6.89x industry multiple (adjusted for size and gross margin).
vip payments ltd Estimated Valuation
Pomanda estimates the enterprise value of VIP PAYMENTS LTD at £47.7k based on Net Assets of £24.3k and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vip Payments Ltd Overview
Vip Payments Ltd is a live company located in london, W1T 6EZ with a Companies House number of 09841893. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in October 2015, it's largest shareholder is blk trade ltd with a 100% stake. Vip Payments Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Vip Payments Ltd Health Check
Pomanda's financial health check has awarded Vip Payments Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
5 Weak
Size
annual sales of £2.1m, make it larger than the average company (£1.2m)
£2.1m - Vip Payments Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 204%, show it is growing at a faster rate (7.9%)
- Vip Payments Ltd
7.9% - Industry AVG
Production
with a gross margin of 78.4%, this company has a lower cost of product (42%)
78.4% - Vip Payments Ltd
42% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (6.4%)
-2.4% - Vip Payments Ltd
6.4% - Industry AVG
Employees
with 6 employees, this is below the industry average (15)
6 - Vip Payments Ltd
15 - Industry AVG
Pay Structure
on an average salary of £62k, the company has a higher pay structure (£34.5k)
£62k - Vip Payments Ltd
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £343.4k, this is more efficient (£104.2k)
£343.4k - Vip Payments Ltd
£104.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Vip Payments Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 131 days, this is slower than average (40 days)
131 days - Vip Payments Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Vip Payments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is less cash available to meet short term requirements (38 weeks)
27 weeks - Vip Payments Ltd
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91%, this is a higher level of debt than the average (48%)
91% - Vip Payments Ltd
48% - Industry AVG
VIP PAYMENTS LTD financials
Vip Payments Ltd's latest turnover from December 2023 is £2.1 million and the company has net assets of £24.3 thousand. According to their latest financial statements, Vip Payments Ltd has 6 employees and maintains cash reserves of £130.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 2,060,301 | 1,834,068 | ||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 445,760 | 296,328 | ||||||
| Gross Profit | 1,614,541 | 1,537,740 | ||||||
| Admin Expenses | 1,663,089 | 787,817 | ||||||
| Operating Profit | -48,548 | 749,923 | ||||||
| Interest Payable | 1,216 | 5,150 | ||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | -49,764 | 744,773 | ||||||
| Tax | -141,507 | |||||||
| Profit After Tax | -49,764 | 603,266 | ||||||
| Dividends Paid | ||||||||
| Retained Profit | -49,764 | 603,266 | ||||||
| Employee Costs | 371,744 | 217,526 | ||||||
| Number Of Employees | 6 | 6 | 4 | 1 | 1 | 1 | ||
| EBITDA* | -47,423 | 749,923 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,499 | |||||||
| Intangible Assets | ||||||||
| Investments & Other | 2 | |||||||
| Debtors (Due After 1 year) | 17,928 | |||||||
| Total Fixed Assets | 4,499 | 17,928 | 2 | |||||
| Stock & work in progress | ||||||||
| Trade Debtors | 2,776 | |||||||
| Group Debtors | ||||||||
| Misc Debtors | 136,507 | 187,647 | 2 | 2 | ||||
| Cash | 130,556 | 477,139 | 46,519 | 307 | 423 | 5,638 | 2,161 | |
| misc current assets | ||||||||
| total current assets | 267,063 | 664,786 | 46,519 | 309 | 425 | 2,776 | 5,638 | 2,161 |
| total assets | 271,562 | 664,786 | 64,447 | 309 | 425 | 2,778 | 5,638 | 2,161 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 160,860 | 7,242 | 30,585 | |||||
| Group/Directors Accounts | 30,585 | 12,200 | ||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 86,370 | 186,713 | 31,882 | 600 | ||||
| total current liabilities | 247,230 | 193,955 | 31,882 | 600 | 30,585 | 30,585 | 12,200 | |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 247,230 | 193,955 | 31,882 | 600 | 30,585 | 30,585 | 12,200 | |
| net assets | 24,332 | 470,831 | 32,565 | -291 | 425 | -27,807 | -24,947 | -10,039 |
| total shareholders funds | 24,332 | 470,831 | 32,565 | -291 | 425 | -27,807 | -24,947 | -10,039 |
| Dec 2023 | Dec 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -48,548 | 749,923 | ||||||
| Depreciation | 1,125 | |||||||
| Amortisation | ||||||||
| Tax | -141,507 | |||||||
| Stock | ||||||||
| Debtors | -51,140 | 169,719 | 17,926 | -2,774 | 2,776 | |||
| Creditors | 153,618 | 7,242 | -30,585 | 30,585 | ||||
| Accruals and Deferred Income | -100,343 | 154,831 | 31,282 | 600 | ||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | 56,992 | 600,770 | ||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -2 | 2 | ||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -30,585 | 18,385 | 12,200 | |||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | -1,216 | -5,150 | ||||||
| cash flow from financing | -397,951 | -170,150 | ||||||
| cash and cash equivalents | ||||||||
| cash | -346,583 | 430,620 | 46,212 | -116 | 423 | -5,638 | 3,477 | 2,161 |
| overdraft | ||||||||
| change in cash | -346,583 | 430,620 | 46,212 | -116 | 423 | -5,638 | 3,477 | 2,161 |
vip payments ltd Credit Report and Business Information
Vip Payments Ltd Competitor Analysis
Perform a competitor analysis for vip payments ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in W1T area or any other competitors across 12 key performance metrics.
vip payments ltd Ownership
VIP PAYMENTS LTD group structure
Vip Payments Ltd has no subsidiary companies.
Ultimate parent company
VIP PAYMENTS LTD
09841893
vip payments ltd directors
Vip Payments Ltd currently has 2 directors. The longest serving directors include Mr Josip Juros (Sep 2024) and Mr Loukas Lagoudis (Sep 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Josip Juros | England | 42 years | Sep 2024 | - | Director |
| Mr Loukas Lagoudis | United Kingdom | 41 years | Sep 2024 | - | Director |
P&L
December 2023turnover
2.1m
+12%
operating profit
-48.5k
-106%
gross margin
78.4%
-6.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
24.3k
-0.95%
total assets
271.6k
-0.59%
cash
130.6k
-0.73%
net assets
Total assets minus all liabilities
vip payments ltd company details
company number
09841893
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
exchangefair ltd (October 2022)
accountant
-
auditor
THE CORPORATE PRACTICE LIMITED
address
39 fitzroy square, london, W1T 6EZ
Bank
-
Legal Advisor
-
vip payments 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 vip payments ltd.
vip payments 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.
Click to start generating capital raising & share issue transactions for VIP PAYMENTS LTD. This can take several minutes, an email will notify you when this has completed.
vip payments ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
