virk training ltd
virk training ltd Company Information
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
96 trident house station road, hayes, UB3 4FQ
Website
-virk training ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRK TRAINING LTD at £10.6k based on a Turnover of £32.9k and 0.32x industry multiple (adjusted for size and gross margin).
virk training ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRK TRAINING LTD at £0 based on an EBITDA of £-2.4k and a 2.55x industry multiple (adjusted for size and gross margin).
virk training ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRK TRAINING LTD at £0 based on Net Assets of £-18.4k and 1.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Virk Training Ltd Overview
Virk Training Ltd is a live company located in hayes, UB3 4FQ with a Companies House number of 09953963. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in January 2016, it's largest shareholder is gurdeep virk with a 100% stake. Virk Training Ltd is a young, micro sized company, Pomanda has estimated its turnover at £32.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Virk Training Ltd Health Check
Pomanda's financial health check has awarded Virk Training Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £32.9k, make it smaller than the average company (£396.3k)
- Virk Training Ltd
£396.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (10%)
- Virk Training Ltd
10% - Industry AVG
Production
with a gross margin of 10.9%, this company has a higher cost of product (20.8%)
- Virk Training Ltd
20.8% - Industry AVG
Profitability
an operating margin of -7.2% make it less profitable than the average company (5.2%)
- Virk Training Ltd
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Virk Training Ltd
3 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- Virk Training Ltd
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £32.9k, this is less efficient (£177.9k)
- Virk Training Ltd
£177.9k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (26 days)
- Virk Training Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (30 days)
- Virk Training Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Virk Training Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Virk Training Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 951.5%, this is a higher level of debt than the average (71.8%)
951.5% - Virk Training Ltd
71.8% - Industry AVG
VIRK TRAINING LTD financials
Virk Training Ltd's latest turnover from February 2024 is estimated at £32.9 thousand and the company has net assets of -£18.4 thousand. According to their latest financial statements, Virk Training Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 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 | 1 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,175 | 1,433 | 1,748 | 2,132 | 0 | 0 | 0 | 0 |
| 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 | 1,175 | 1,433 | 1,748 | 2,132 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 991 | 1,897 | 3,404 | 9,713 | 80 | 1,524 | 1,667 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,520 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 991 | 1,897 | 3,404 | 9,713 | 80 | 1,524 | 1,667 | 5,520 |
| total assets | 2,166 | 3,330 | 5,152 | 11,845 | 80 | 1,524 | 1,667 | 5,520 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,410 | 4,099 | 18,186 | 20,300 | 54 | 994 | 662 | 0 |
| 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 | 6,410 | 4,099 | 18,186 | 20,300 | 54 | 994 | 662 | 0 |
| 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 | 14,199 | 15,306 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 14,199 | 15,306 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 20,609 | 19,405 | 18,186 | 20,300 | 54 | 994 | 662 | 0 |
| net assets | -18,443 | -16,075 | -13,034 | -8,455 | 26 | 530 | 1,005 | 5,520 |
| total shareholders funds | -18,443 | -16,075 | -13,034 | -8,455 | 26 | 530 | 1,005 | 5,520 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | ||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -906 | -1,507 | -6,309 | 9,633 | -1,444 | -143 | 1,667 | 0 |
| Creditors | 2,311 | -14,087 | -2,114 | 20,246 | -940 | 332 | 662 | 0 |
| 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 | -1,107 | 15,306 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -5,520 | 5,520 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -5,520 | 5,520 |
virk training ltd Credit Report and Business Information
Virk Training Ltd Competitor Analysis
Perform a competitor analysis for virk training ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in UB3 area or any other competitors across 12 key performance metrics.
virk training ltd Ownership
VIRK TRAINING LTD group structure
Virk Training Ltd has no subsidiary companies.
Ultimate parent company
VIRK TRAINING LTD
09953963
virk training ltd directors
Virk Training Ltd currently has 1 director, Mr Gurdeep Virk serving since Jan 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gurdeep Virk | England | 42 years | Jan 2016 | - | Director |
P&L
February 2024turnover
32.9k
+6%
operating profit
-2.4k
0%
gross margin
11%
+9.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-18.4k
+0.15%
total assets
2.2k
-0.35%
cash
0
0%
net assets
Total assets minus all liabilities
virk training ltd company details
company number
09953963
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
96 trident house station road, hayes, UB3 4FQ
Bank
-
Legal Advisor
-
virk training 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 virk training ltd.
virk training 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 VIRK TRAINING LTD. This can take several minutes, an email will notify you when this has completed.
virk training ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
