vree technology group ltd
vree technology group ltd Company Information
Company Number
09975349
Website
-Registered Address
apex building 1 water vole way, balby, doncaster, south yorkshire, DN4 5JP
Industry
Other information technology and computer service activities
Telephone
-
Next Accounts Due
682 days late
Group Structure
View All
Directors
James Dettmer8 Years
Shareholders
james dettmer 100%
vree technology group ltd Estimated Valuation
Pomanda estimates the enterprise value of VREE TECHNOLOGY GROUP LTD at £158.2k based on a Turnover of £303.3k and 0.52x industry multiple (adjusted for size and gross margin).
vree technology group ltd Estimated Valuation
Pomanda estimates the enterprise value of VREE TECHNOLOGY GROUP LTD at £0 based on an EBITDA of £-14.3k and a 3.68x industry multiple (adjusted for size and gross margin).
vree technology group ltd Estimated Valuation
Pomanda estimates the enterprise value of VREE TECHNOLOGY GROUP LTD at £0 based on Net Assets of £-2.4k and 0.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vree Technology Group Ltd Overview
Vree Technology Group Ltd is a live company located in doncaster, DN4 5JP with a Companies House number of 09975349. It operates in the other information technology service activities sector, SIC Code 62090. Founded in January 2016, it's largest shareholder is james dettmer with a 100% stake. Vree Technology Group Ltd is a young, micro sized company, Pomanda has estimated its turnover at £303.3k with rapid growth in recent years.
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Vree Technology Group Ltd Health Check
Pomanda's financial health check has awarded Vree Technology Group Ltd a 2 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
2 Regular
6 Weak
Size
annual sales of £303.3k, make it smaller than the average company (£4.7m)
- Vree Technology Group Ltd
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 116%, show it is growing at a faster rate (5.3%)
- Vree Technology Group Ltd
5.3% - Industry AVG
Production
with a gross margin of 25.2%, this company has a higher cost of product (51.8%)
- Vree Technology Group Ltd
51.8% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (4.3%)
- Vree Technology Group Ltd
4.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (35)
2 - Vree Technology Group Ltd
35 - Industry AVG
Pay Structure
on an average salary of £60.3k, the company has an equivalent pay structure (£60.3k)
- Vree Technology Group Ltd
£60.3k - Industry AVG
Efficiency
resulting in sales per employee of £151.6k, this is equally as efficient (£144.9k)
- Vree Technology Group Ltd
£144.9k - Industry AVG
Debtor Days
it gets paid by customers after 141 days, this is later than average (55 days)
- Vree Technology Group Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 130 days, this is slower than average (38 days)
- Vree Technology Group Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vree Technology Group Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Vree Technology Group Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.9%, this is a higher level of debt than the average (62.9%)
101.9% - Vree Technology Group Ltd
62.9% - Industry AVG
VREE TECHNOLOGY GROUP LTD financials
Vree Technology Group Ltd's latest turnover from January 2021 is estimated at £303.3 thousand and the company has net assets of -£2.4 thousand. According to their latest financial statements, Vree Technology Group Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 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 | 2 | 2 | 2 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 5,234 | 2,961 | 3,019 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,234 | 2,961 | 3,019 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 117,932 | 23,718 | 74,998 | 1,302 | 100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 117,932 | 23,718 | 74,998 | 1,302 | 100 |
| total assets | 123,166 | 26,679 | 78,017 | 1,302 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 81,367 | 14,797 | 44,355 | 1,759 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 81,367 | 14,797 | 44,355 | 1,759 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 44,167 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 44,167 | 0 | 0 | 0 | 0 |
| total liabilities | 125,534 | 14,797 | 44,355 | 1,759 | 0 |
| net assets | -2,368 | 11,882 | 33,662 | -457 | 100 |
| total shareholders funds | -2,368 | 11,882 | 33,662 | -457 | 100 |
| Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | |||
| Amortisation | 0 | 0 | |||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 94,214 | -51,280 | 73,696 | 1,202 | 100 |
| Creditors | 66,570 | -29,558 | 42,596 | 1,759 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 44,167 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
vree technology group ltd Credit Report and Business Information
Vree Technology Group Ltd Competitor Analysis
Perform a competitor analysis for vree technology group ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in DN4 area or any other competitors across 12 key performance metrics.
vree technology group ltd Ownership
VREE TECHNOLOGY GROUP LTD group structure
Vree Technology Group Ltd has no subsidiary companies.
Ultimate parent company
VREE TECHNOLOGY GROUP LTD
09975349
vree technology group ltd directors
Vree Technology Group Ltd currently has 1 director, Mr James Dettmer serving since Jul 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Dettmer | 37 years | Jul 2016 | - | Director |
P&L
January 2021turnover
303.3k
+178%
operating profit
-14.3k
0%
gross margin
25.3%
-1.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2021net assets
-2.4k
-1.2%
total assets
123.2k
+3.62%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
vree technology group ltd company details
company number
09975349
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
January 2016
age
8
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
detch limited (March 2019)
last accounts submitted
January 2021
address
apex building 1 water vole way, balby, doncaster, south yorkshire, DN4 5JP
accountant
-
auditor
-
vree technology group 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 vree technology group ltd.
vree technology group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
