vernon enterprises (nw) ltd
vernon enterprises (nw) ltd Company Information
Company Number
09867297
Next Accounts
Aug 2025
Industry
Unlicensed restaurants and cafes
Directors
Shareholders
spencer vernon
Group Structure
View All
Contact
Registered Address
c/o atr accountancy & bookkeepin, imperial house, bury, uk, BL9 5BN
Website
-vernon enterprises (nw) ltd Estimated Valuation
Pomanda estimates the enterprise value of VERNON ENTERPRISES (NW) LTD at £224.7k based on a Turnover of £313.5k and 0.72x industry multiple (adjusted for size and gross margin).
vernon enterprises (nw) ltd Estimated Valuation
Pomanda estimates the enterprise value of VERNON ENTERPRISES (NW) LTD at £31k based on an EBITDA of £6.4k and a 4.87x industry multiple (adjusted for size and gross margin).
vernon enterprises (nw) ltd Estimated Valuation
Pomanda estimates the enterprise value of VERNON ENTERPRISES (NW) LTD at £10.9k based on Net Assets of £3.9k and 2.77x industry multiple (adjusted for liquidity).
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Vernon Enterprises (nw) Ltd Overview
Vernon Enterprises (nw) Ltd is a live company located in bury, BL9 5BN with a Companies House number of 09867297. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in November 2015, it's largest shareholder is spencer vernon with a 100% stake. Vernon Enterprises (nw) Ltd is a young, micro sized company, Pomanda has estimated its turnover at £313.5k with rapid growth in recent years.
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Vernon Enterprises (nw) Ltd Health Check
Pomanda's financial health check has awarded Vernon Enterprises (Nw) Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £313.5k, make it in line with the average company (£344k)
- Vernon Enterprises (nw) Ltd
£344k - Industry AVG
Growth
3 year (CAGR) sales growth of 168%, show it is growing at a faster rate (12.1%)
- Vernon Enterprises (nw) Ltd
12.1% - Industry AVG
Production
with a gross margin of 61.4%, this company has a comparable cost of product (61.4%)
- Vernon Enterprises (nw) Ltd
61.4% - Industry AVG
Profitability
an operating margin of 2% make it more profitable than the average company (0.3%)
- Vernon Enterprises (nw) Ltd
0.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (13)
5 - Vernon Enterprises (nw) Ltd
13 - Industry AVG
Pay Structure
on an average salary of £3.9k, the company has a lower pay structure (£11.4k)
£3.9k - Vernon Enterprises (nw) Ltd
£11.4k - Industry AVG
Efficiency
resulting in sales per employee of £62.7k, this is more efficient (£38k)
- Vernon Enterprises (nw) Ltd
£38k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is later than average (6 days)
- Vernon Enterprises (nw) Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (31 days)
- Vernon Enterprises (nw) Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vernon Enterprises (nw) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (32 weeks)
39 weeks - Vernon Enterprises (nw) Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.8%, this is a higher level of debt than the average (76.5%)
86.8% - Vernon Enterprises (nw) Ltd
76.5% - Industry AVG
VERNON ENTERPRISES (NW) LTD financials
Vernon Enterprises (Nw) Ltd's latest turnover from November 2023 is estimated at £313.5 thousand and the company has net assets of £3.9 thousand. According to their latest financial statements, Vernon Enterprises (Nw) Ltd has 5 employees and maintains cash reserves of £13.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 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 | 19,643 | 782 | 19,066 | |||||
| Number Of Employees | 5 | 2 | 7 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 970 | 1,141 | 1,126 | 1,325 | 1,558 | 1,833 | 585 | 688 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 970 | 1,141 | 1,126 | 1,325 | 1,558 | 1,833 | 585 | 688 |
| Stock & work in progress | 0 | 0 | 618 | 585 | 525 | 544 | 514 | 282 |
| Trade Debtors | 15,002 | 25,892 | 10,892 | 0 | 0 | 1 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 13,898 | 13,068 | 26,469 | 15,799 | 2,063 | 3,992 | 4,687 | 4,671 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 28,900 | 38,960 | 37,979 | 16,384 | 2,588 | 4,537 | 5,201 | 4,953 |
| total assets | 29,870 | 40,101 | 39,105 | 17,709 | 4,146 | 6,370 | 5,786 | 5,641 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 18,081 | 30,360 | 30,360 | 4,253 | 4,144 | 2,552 | 2,609 | 5,069 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 18,081 | 30,360 | 30,360 | 4,253 | 4,144 | 2,552 | 2,609 | 5,069 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 7,857 | 11,110 | 14,438 | 15,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 7,857 | 11,110 | 14,438 | 15,000 | 0 | 0 | 0 | 0 |
| total liabilities | 25,938 | 41,470 | 44,798 | 19,253 | 4,144 | 2,552 | 2,609 | 5,069 |
| net assets | 3,932 | -1,369 | -5,693 | -1,544 | 2 | 3,818 | 3,177 | 572 |
| total shareholders funds | 3,932 | -1,369 | -5,693 | -1,544 | 2 | 3,818 | 3,177 | 572 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 121 | ||||||
| Amortisation | 0 | 0 | 0 | |||||
| Tax | ||||||||
| Stock | 0 | -618 | 33 | 60 | -19 | 30 | 232 | 282 |
| Debtors | -10,890 | 15,000 | 10,892 | 0 | -1 | 1 | 0 | 0 |
| Creditors | -12,279 | 0 | 26,107 | 109 | 1,592 | -57 | -2,460 | 5,069 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -3,253 | -3,328 | -562 | 15,000 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 830 | -13,401 | 10,670 | 13,736 | -1,929 | -695 | 16 | 4,671 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 830 | -13,401 | 10,670 | 13,736 | -1,929 | -695 | 16 | 4,671 |
vernon enterprises (nw) ltd Credit Report and Business Information
Vernon Enterprises (nw) Ltd Competitor Analysis
Perform a competitor analysis for vernon enterprises (nw) ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in BL9 area or any other competitors across 12 key performance metrics.
vernon enterprises (nw) ltd Ownership
VERNON ENTERPRISES (NW) LTD group structure
Vernon Enterprises (Nw) Ltd has no subsidiary companies.
Ultimate parent company
VERNON ENTERPRISES (NW) LTD
09867297
vernon enterprises (nw) ltd directors
Vernon Enterprises (Nw) Ltd currently has 1 director, Mr Spencer Vernon serving since Nov 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Spencer Vernon | United Kingdom | 45 years | Nov 2015 | - | Director |
P&L
November 2023turnover
313.5k
-20%
operating profit
6.4k
0%
gross margin
61.4%
-4.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
3.9k
-3.87%
total assets
29.9k
-0.26%
cash
13.9k
+0.06%
net assets
Total assets minus all liabilities
Similar Companies
vernon enterprises (nw) ltd company details
company number
09867297
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
incorporation date
November 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
ATR ACCOUNTANCY & BOOKKEEPING LTD
auditor
-
address
c/o atr accountancy & bookkeepin, imperial house, bury, uk, BL9 5BN
Bank
-
Legal Advisor
-
vernon enterprises (nw) 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 vernon enterprises (nw) ltd.
vernon enterprises (nw) 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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vernon enterprises (nw) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
