victorian news limited
victorian news limited Company Information
Company Number
10030706
Website
-Registered Address
8 pinner view, harrow, HA1 4QA
Industry
Other retail sale in non-specialised stores
Telephone
02072224659
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
j randhawa holdings ltd 100%
victorian news limited Estimated Valuation
Pomanda estimates the enterprise value of VICTORIAN NEWS LIMITED at £73k based on a Turnover of £192.1k and 0.38x industry multiple (adjusted for size and gross margin).
victorian news limited Estimated Valuation
Pomanda estimates the enterprise value of VICTORIAN NEWS LIMITED at £501.4k based on an EBITDA of £129.9k and a 3.86x industry multiple (adjusted for size and gross margin).
victorian news limited Estimated Valuation
Pomanda estimates the enterprise value of VICTORIAN NEWS LIMITED at £365.1k based on Net Assets of £104.8k and 3.48x industry multiple (adjusted for liquidity).
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Victorian News Limited Overview
Victorian News Limited is a live company located in harrow, HA1 4QA with a Companies House number of 10030706. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in February 2016, it's largest shareholder is j randhawa holdings ltd with a 100% stake. Victorian News Limited is a young, micro sized company, Pomanda has estimated its turnover at £192.1k with high growth in recent years.
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Victorian News Limited Health Check
Pomanda's financial health check has awarded Victorian News Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £192.1k, make it smaller than the average company (£1.2m)
- Victorian News Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (1.4%)
- Victorian News Limited
1.4% - Industry AVG
Production
with a gross margin of 41.7%, this company has a comparable cost of product (41.7%)
- Victorian News Limited
41.7% - Industry AVG
Profitability
an operating margin of 66.3% make it more profitable than the average company (5.5%)
- Victorian News Limited
5.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (31)
3 - Victorian News Limited
31 - Industry AVG
Pay Structure
on an average salary of £18.6k, the company has an equivalent pay structure (£18.6k)
- Victorian News Limited
£18.6k - Industry AVG
Efficiency
resulting in sales per employee of £64k, this is less efficient (£90.3k)
- Victorian News Limited
£90.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (10 days)
- Victorian News Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 139 days, this is slower than average (35 days)
- Victorian News Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 240 days, this is more than average (88 days)
- Victorian News Limited
88 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (27 weeks)
33 weeks - Victorian News Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.1%, this is a similar level of debt than the average (66.4%)
64.1% - Victorian News Limited
66.4% - Industry AVG
VICTORIAN NEWS LIMITED financials
Victorian News Limited's latest turnover from February 2023 is estimated at £192.1 thousand and the company has net assets of £104.8 thousand. According to their latest financial statements, Victorian News Limited has 3 employees and maintains cash reserves of £87.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 3 | 3 | 2 | 3 | 3 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,315 | 16,690 | 2,134 | 2,394 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 28,315 | 16,690 | 2,134 | 2,394 | 0 | 0 | 0 |
| Stock & work in progress | 73,688 | 71,165 | 58,569 | 59,634 | 0 | 33,863 | 38,794 |
| Trade Debtors | 250 | 250 | 250 | 250 | 56,713 | 0 | 0 |
| Group Debtors | 43,110 | 22,910 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 10,182 | 8,112 | 2,100 | 0 | 0 | 0 | 0 |
| Cash | 87,826 | 45,708 | 75,724 | 27,140 | 0 | 27,734 | 16,614 |
| misc current assets | 48,338 | 3,341 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 263,394 | 151,486 | 136,643 | 87,024 | 56,713 | 61,597 | 55,408 |
| total assets | 291,709 | 168,176 | 138,777 | 89,418 | 56,713 | 61,597 | 55,408 |
| Bank overdraft | 16,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 42,811 | 45,537 | 35,587 | 18,698 | 58,385 | 18,247 | 48,202 |
| Group/Directors Accounts | 17,852 | 31,679 | 12,685 | 26,973 | 0 | 55,622 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 59,022 | 5,458 | 7,283 | 9,303 | 0 | 5,056 | 66,300 |
| total current liabilities | 135,685 | 82,674 | 55,555 | 54,974 | 58,385 | 78,925 | 114,502 |
| loans | 51,200 | 80,000 | 80,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 51,200 | 80,000 | 80,000 | 0 | 0 | 0 | 0 |
| total liabilities | 186,885 | 162,674 | 135,555 | 54,974 | 58,385 | 78,925 | 114,502 |
| net assets | 104,824 | 5,502 | 3,222 | 34,444 | -1,672 | -17,328 | -59,094 |
| total shareholders funds | 104,824 | 5,502 | 3,222 | 34,444 | -1,672 | -17,328 | -59,094 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 2,585 | 1,163 | 260 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 2,523 | 12,596 | -1,065 | 59,634 | -33,863 | -4,931 | 38,794 |
| Debtors | 22,270 | 28,922 | 2,100 | -56,463 | 56,713 | 0 | 0 |
| Creditors | -2,726 | 9,950 | 16,889 | -39,687 | 40,138 | -29,955 | 48,202 |
| Accruals and Deferred Income | 53,564 | -1,825 | -2,020 | 9,303 | -5,056 | -61,244 | 66,300 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -13,827 | 18,994 | -14,288 | 26,973 | -55,622 | 55,622 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -28,800 | 0 | 80,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 42,118 | -30,016 | 48,584 | 27,140 | -27,734 | 11,120 | 16,614 |
| overdraft | 16,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 26,118 | -30,016 | 48,584 | 27,140 | -27,734 | 11,120 | 16,614 |
victorian news limited Credit Report and Business Information
Victorian News Limited Competitor Analysis
Perform a competitor analysis for victorian news limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.
victorian news limited Ownership
VICTORIAN NEWS LIMITED group structure
Victorian News Limited has no subsidiary companies.
victorian news limited directors
Victorian News Limited currently has 2 directors. The longest serving directors include Mr Jasvinder Randhawa (Feb 2016) and Mrs Parmjeet Randhawa (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jasvinder Randhawa | England | 44 years | Feb 2016 | - | Director |
| Mrs Parmjeet Randhawa | England | 41 years | Sep 2018 | - | Director |
P&L
February 2023turnover
192.1k
+10%
operating profit
127.3k
0%
gross margin
41.7%
+3.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
104.8k
+18.05%
total assets
291.7k
+0.73%
cash
87.8k
+0.92%
net assets
Total assets minus all liabilities
Similar Companies
victorian news limited company details
company number
10030706
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
February 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
AJ SHAH AND COMPANY
auditor
-
address
8 pinner view, harrow, HA1 4QA
Bank
-
Legal Advisor
-
victorian news 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 victorian news limited.
victorian news limited Companies House Filings - See Documents
| date | description | view/download |
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