via east midlands limited
via east midlands limited Company Information
Company Number
09903246
Next Accounts
Dec 2025
Shareholders
nottinghamshire county council
Group Structure
View All
Industry
Construction of roads and motorways
+1Registered Address
bilsthorpe depot, bilsthorpe business park, bilsthorpe, newark, NG22 8ST
Website
www.viaem.co.ukvia east midlands limited Estimated Valuation
Pomanda estimates the enterprise value of VIA EAST MIDLANDS LIMITED at £26.3m based on a Turnover of £70.8m and 0.37x industry multiple (adjusted for size and gross margin).
via east midlands limited Estimated Valuation
Pomanda estimates the enterprise value of VIA EAST MIDLANDS LIMITED at £11.7m based on an EBITDA of £2.1m and a 5.68x industry multiple (adjusted for size and gross margin).
via east midlands limited Estimated Valuation
Pomanda estimates the enterprise value of VIA EAST MIDLANDS LIMITED at £5.5m based on Net Assets of £2.3m and 2.37x industry multiple (adjusted for liquidity).
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Via East Midlands Limited Overview
Via East Midlands Limited is a live company located in bilsthorpe, NG22 8ST with a Companies House number of 09903246. It operates in the construction of roads and motorways sector, SIC Code 42110. Founded in December 2015, it's largest shareholder is nottinghamshire county council with a 100% stake. Via East Midlands Limited is a established, large sized company, Pomanda has estimated its turnover at £70.8m with declining growth in recent years.
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Via East Midlands Limited Health Check
Pomanda's financial health check has awarded Via East Midlands Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £70.8m, make it larger than the average company (£8.9m)
£70.8m - Via East Midlands Limited
£8.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (11%)
-4% - Via East Midlands Limited
11% - Industry AVG
Production
with a gross margin of 10%, this company has a higher cost of product (27.4%)
10% - Via East Midlands Limited
27.4% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (5.7%)
0.9% - Via East Midlands Limited
5.7% - Industry AVG
Employees
with 711 employees, this is above the industry average (32)
711 - Via East Midlands Limited
32 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£41.3k)
£35.2k - Via East Midlands Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £99.5k, this is less efficient (£175.7k)
£99.5k - Via East Midlands Limited
£175.7k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (42 days)
7 days - Via East Midlands Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (38 days)
33 days - Via East Midlands Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (14 days)
6 days - Via East Midlands Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (22 weeks)
15 weeks - Via East Midlands Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90%, this is a higher level of debt than the average (62.5%)
90% - Via East Midlands Limited
62.5% - Industry AVG
VIA EAST MIDLANDS LIMITED financials
Via East Midlands Limited's latest turnover from March 2024 is £70.8 million and the company has net assets of £2.3 million. According to their latest financial statements, Via East Midlands Limited has 711 employees and maintains cash reserves of £5.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 70,773,489 | 68,536,354 | 78,605,032 | 79,846,857 | 67,197,225 | 65,205,214 | 63,783,092 | 36,292,569 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 63,673,570 | 62,243,670 | 71,515,274 | 73,654,482 | 60,901,228 | 58,432,877 | 56,165,313 | 31,310,825 |
| Gross Profit | 7,099,919 | 6,292,684 | 7,089,758 | 6,192,375 | 6,295,997 | 6,772,337 | 7,617,779 | 4,981,744 |
| Admin Expenses | 6,486,566 | 5,577,634 | 5,568,800 | 5,651,077 | 5,513,597 | 6,270,828 | 5,780,406 | 4,466,751 |
| Operating Profit | 613,353 | 715,050 | 1,520,958 | 541,298 | 782,400 | 501,509 | 1,837,373 | 514,993 |
| Interest Payable | 14,651 | 1,045 | 2,147 | 740 | 4 | 12,513 | ||
| Interest Receivable | 116,464 | 6,086 | 10,476 | 1,564 | 4,576 | |||
| Pre-Tax Profit | 715,166 | 714,005 | 1,518,811 | 540,558 | 788,486 | 511,985 | 1,838,933 | 507,056 |
| Tax | -35,031 | 7,503 | -190,701 | -100,000 | -135,157 | -84,374 | -363,280 | -101,000 |
| Profit After Tax | 680,135 | 721,508 | 1,328,110 | 440,558 | 653,329 | 427,611 | 1,475,653 | 406,056 |
| Dividends Paid | 600,000 | 600,000 | 400,000 | 400,000 | 338,840 | 1,090,477 | 380,000 | |
| Retained Profit | 80,135 | 121,508 | 928,110 | 40,558 | 314,489 | -662,866 | 1,095,653 | 406,056 |
| Employee Costs | 25,038,411 | 22,222,755 | 21,474,071 | 20,234,705 | 18,120,372 | 17,014,318 | 15,445,528 | 10,800,521 |
| Number Of Employees | 711 | 702 | 693 | 671 | 617 | 610 | 578 | 590 |
| EBITDA* | 2,066,599 | 1,673,893 | 2,820,991 | 1,909,975 | 1,528,872 | 1,279,863 | 2,289,990 | 857,604 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,130,036 | 3,384,019 | 2,755,675 | 2,933,365 | 3,504,843 | 2,803,904 | 2,994,575 | 3,434,600 |
| Intangible Assets | 142,704 | 155,296 | ||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 4,130,036 | 3,384,019 | 2,755,675 | 2,933,365 | 3,504,843 | 2,803,904 | 3,137,279 | 3,589,896 |
| Stock & work in progress | 1,062,819 | 1,207,968 | 882,315 | 763,608 | 796,342 | 564,431 | 609,533 | 649,725 |
| Trade Debtors | 1,359,313 | 994,573 | 1,332,170 | 1,167,536 | 1,212,210 | 1,196,522 | 1,093,440 | 664,483 |
| Group Debtors | 9,919,191 | 6,705,373 | 7,878,622 | 7,550,913 | 4,572,645 | 1,303,827 | 2,301,905 | 1,644,842 |
| Misc Debtors | 1,577,817 | 643,094 | 1,029,723 | 166,734 | 409,391 | 4,001,380 | 3,962,383 | 2,925,296 |
| Cash | 5,206,396 | 4,158,346 | 2,330,303 | 2,529,358 | 1,954,221 | 3,632,105 | 5,076,862 | 594,137 |
| misc current assets | ||||||||
| total current assets | 19,125,536 | 13,709,354 | 13,453,133 | 12,178,149 | 8,944,809 | 10,698,265 | 13,044,123 | 6,478,483 |
| total assets | 23,255,572 | 17,093,373 | 16,208,808 | 15,111,514 | 12,449,652 | 13,502,169 | 16,181,402 | 10,068,379 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 5,884,103 | 4,705,372 | 4,393,183 | 3,293,246 | 694,543 | 1,718,397 | 2,056,568 | 1,991,164 |
| Group/Directors Accounts | 5,219,166 | 2,061,870 | 2,439,514 | 1,380,215 | 1,002,134 | 1,006,839 | 204,801 | 519,488 |
| other short term finances | ||||||||
| hp & lease commitments | 666,993 | 440,025 | 440,025 | 440,025 | 440,025 | |||
| other current liabilities | 5,925,471 | 4,431,493 | 4,376,867 | 6,107,263 | 6,422,157 | 6,546,776 | 8,463,649 | 3,076,971 |
| total current liabilities | 17,028,740 | 11,198,735 | 11,209,564 | 11,447,717 | 8,558,859 | 9,712,037 | 11,165,043 | 6,027,648 |
| loans | ||||||||
| hp & lease commitments | 1,674,500 | 2,114,525 | 2,554,550 | 2,994,575 | ||||
| Accruals and Deferred Income | 2,359,556 | 2,082,067 | 1,916,936 | 1,513,331 | ||||
| other liabilities | ||||||||
| provisions | 1,543,533 | 1,568,963 | 960,208 | 956,476 | 1,062,861 | 836,664 | 960,000 | 640,000 |
| total long term liabilities | 3,903,089 | 3,651,030 | 2,877,144 | 2,469,807 | 2,737,361 | 2,951,189 | 3,514,550 | 3,634,575 |
| total liabilities | 20,931,829 | 14,849,765 | 14,086,708 | 13,917,524 | 11,296,220 | 12,663,226 | 14,679,593 | 9,662,223 |
| net assets | 2,323,743 | 2,243,608 | 2,122,100 | 1,193,990 | 1,153,432 | 838,943 | 1,501,809 | 406,156 |
| total shareholders funds | 2,323,743 | 2,243,608 | 2,122,100 | 1,193,990 | 1,153,432 | 838,943 | 1,501,809 | 406,156 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 613,353 | 715,050 | 1,520,958 | 541,298 | 782,400 | 501,509 | 1,837,373 | 514,993 |
| Depreciation | 1,453,246 | 958,843 | 1,300,033 | 1,368,677 | 746,472 | 635,650 | 440,025 | 330,019 |
| Amortisation | 142,704 | 12,592 | 12,592 | |||||
| Tax | -35,031 | 7,503 | -190,701 | -100,000 | -135,157 | -84,374 | -363,280 | -101,000 |
| Stock | -145,149 | 325,653 | 118,707 | -32,734 | 231,911 | -45,102 | -40,192 | 649,725 |
| Debtors | 4,513,281 | -1,897,475 | 1,355,332 | 2,690,937 | -307,483 | -855,999 | 2,123,107 | 5,234,621 |
| Creditors | 1,178,731 | 312,189 | 1,099,937 | 2,598,703 | -1,023,854 | -338,171 | 65,404 | 1,991,164 |
| Accruals and Deferred Income | 1,771,467 | 219,757 | -1,326,791 | 1,198,437 | -124,619 | -1,916,873 | 5,386,678 | 3,076,971 |
| Deferred Taxes & Provisions | -25,430 | 608,755 | 3,732 | -106,385 | 226,197 | -123,336 | 320,000 | 640,000 |
| Cash flow from operations | 588,204 | 4,393,919 | 933,129 | 2,842,527 | 547,011 | -281,790 | 5,615,877 | 580,393 |
| Investing Activities | ||||||||
| capital expenditure | -444,979 | |||||||
| Change in Investments | ||||||||
| cash flow from investments | -444,979 | |||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | 3,157,296 | -377,644 | 1,059,299 | 378,081 | -4,705 | 802,038 | -314,687 | 519,488 |
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | -666,993 | -1,447,532 | -440,025 | -440,025 | -440,025 | 3,434,600 | ||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | 101,813 | -1,045 | -2,147 | -740 | 6,086 | 10,476 | 1,560 | -7,937 |
| cash flow from financing | 3,259,109 | -378,689 | 390,159 | -1,070,191 | -438,644 | 372,489 | -753,152 | 3,946,251 |
| cash and cash equivalents | ||||||||
| cash | 1,048,050 | 1,828,043 | -199,055 | 575,137 | -1,677,884 | -1,444,757 | 4,482,725 | 594,137 |
| overdraft | ||||||||
| change in cash | 1,048,050 | 1,828,043 | -199,055 | 575,137 | -1,677,884 | -1,444,757 | 4,482,725 | 594,137 |
via east midlands limited Credit Report and Business Information
Via East Midlands Limited Competitor Analysis
Perform a competitor analysis for via east midlands limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in NG22 area or any other competitors across 12 key performance metrics.
via east midlands limited Ownership
VIA EAST MIDLANDS LIMITED group structure
Via East Midlands Limited has no subsidiary companies.
Ultimate parent company
NOTTINGHAMSHIRE COUNTY COUNCIL (THE)
#0006735
1 parent
VIA EAST MIDLANDS LIMITED
09903246
via east midlands limited directors
Via East Midlands Limited currently has 6 directors. The longest serving directors include Councillor Reginald Adair (Jan 2020) and Mr Richard Jackson (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Councillor Reginald Adair | United Kingdom | 80 years | Jan 2020 | - | Director |
| Mr Richard Jackson | England | 51 years | Sep 2021 | - | Director |
| Mr Daniel Maher | United Kingdom | 60 years | Aug 2022 | - | Director |
| Mr Matthew Lugg | England | 68 years | Jan 2023 | - | Director |
| Mr Mark Walker | England | 57 years | Feb 2023 | - | Director |
| Mr Glen Bicknell | United Kingdom | 52 years | Nov 2023 | - | Director |
P&L
March 2024turnover
70.8m
+3%
operating profit
613.4k
-14%
gross margin
10.1%
+9.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.3m
+0.04%
total assets
23.3m
+0.36%
cash
5.2m
+0.25%
net assets
Total assets minus all liabilities
Similar Companies
via east midlands limited company details
company number
09903246
Type
Private limited with Share Capital
industry
42110 - Construction of roads and motorways
45200 - Maintenance and repair of motor vehicles
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
BISHOP FLEMING LLP
address
bilsthorpe depot, bilsthorpe business park, bilsthorpe, newark, NG22 8ST
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
via east midlands 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 via east midlands limited.
via east midlands 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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via east midlands limited Companies House Filings - See Documents
| date | description | view/download |
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