victorian news limited

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victorian news limited Company Information

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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

£73k

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

£501.4k

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

£365.1k

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

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £192.1k, make it smaller than the average company (£1.2m)

£192.1k - Victorian News Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (1.4%)

28% - Victorian News Limited

1.4% - Industry AVG

production

Production

with a gross margin of 41.7%, this company has a comparable cost of product (41.7%)

41.7% - Victorian News Limited

41.7% - Industry AVG

profitability

Profitability

an operating margin of 66.3% make it more profitable than the average company (5.5%)

66.3% - Victorian News Limited

5.5% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (31)

3 - Victorian News Limited

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £18.6k, the company has an equivalent pay structure (£18.6k)

£18.6k - Victorian News Limited

£18.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £64k, this is less efficient (£90.3k)

£64k - Victorian News Limited

£90.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (10 days)

0 days - Victorian News Limited

10 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 139 days, this is slower than average (35 days)

139 days - Victorian News Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 240 days, this is more than average (88 days)

240 days - Victorian News Limited

88 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Turnover192,077175,202129,11790,962796,679154,237245,002
Other Income Or Grants0000000
Cost Of Sales111,981104,41874,59150,552451,70488,621140,042
Gross Profit80,09670,78554,52640,411344,97565,615104,960
Admin Expenses-47,21363,07483,359-4,075325,75114,162164,076
Operating Profit127,3097,711-28,83344,48619,22451,453-59,116
Interest Payable7,3605,2002,4400000
Interest Receivable2,6713045110210411121
Pre-Tax Profit122,6202,815-31,22244,58819,32851,564-59,095
Tax-23,298-5350-8,472-3,672-9,7970
Profit After Tax99,3222,280-31,22236,11615,65641,767-59,095
Dividends Paid0000000
Retained Profit99,3222,280-31,22236,11615,65641,767-59,095
Employee Costs55,68654,84334,01435,14151,31749,49062,878
Number Of Employees3322334
EBITDA*129,8948,874-28,57344,48619,22451,453-59,116

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Tangible Assets28,31516,6902,1342,394000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets28,31516,6902,1342,394000
Stock & work in progress73,68871,16558,56959,634033,86338,794
Trade Debtors25025025025056,71300
Group Debtors43,11022,91000000
Misc Debtors10,1828,1122,1000000
Cash87,82645,70875,72427,140027,73416,614
misc current assets48,3383,34100000
total current assets263,394151,486136,64387,02456,71361,59755,408
total assets291,709168,176138,77789,41856,71361,59755,408
Bank overdraft16,000000000
Bank loan0000000
Trade Creditors 42,81145,53735,58718,69858,38518,24748,202
Group/Directors Accounts17,85231,67912,68526,973055,6220
other short term finances0000000
hp & lease commitments0000000
other current liabilities59,0225,4587,2839,30305,05666,300
total current liabilities135,68582,67455,55554,97458,38578,925114,502
loans51,20080,00080,0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions0000000
total long term liabilities51,20080,00080,0000000
total liabilities186,885162,674135,55554,97458,38578,925114,502
net assets104,8245,5023,22234,444-1,672-17,328-59,094
total shareholders funds104,8245,5023,22234,444-1,672-17,328-59,094
Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Operating Activities
Operating Profit127,3097,711-28,83344,48619,22451,453-59,116
Depreciation2,5851,1632600000
Amortisation0000000
Tax-23,298-5350-8,472-3,672-9,7970
Stock2,52312,596-1,06559,634-33,863-4,93138,794
Debtors22,27028,9222,100-56,46356,71300
Creditors-2,7269,95016,889-39,68740,138-29,95548,202
Accruals and Deferred Income53,564-1,825-2,0209,303-5,056-61,24466,300
Deferred Taxes & Provisions0000000
Cash flow from operations132,641-25,054-14,7392,45927,784-44,61216,592
Investing Activities
capital expenditure-14,210-15,7190-2,394000
Change in Investments0000000
cash flow from investments-14,210-15,7190-2,394000
Financing Activities
Bank loans0000000
Group/Directors Accounts-13,82718,994-14,28826,973-55,62255,6220
Other Short Term Loans 0000000
Long term loans-28,800080,0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue00000-11
interest-4,689-4,896-2,38910210411121
cash flow from financing-47,31614,09863,32327,075-55,51855,73222
cash and cash equivalents
cash42,118-30,01648,58427,140-27,73411,12016,614
overdraft16,000000000
change in cash26,118-30,01648,58427,140-27,73411,12016,614

victorian news limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for victorian news limited. Get real-time insights into victorian news limited's credit score, group structure and payment trends.

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Victorian News Limited Competitor Analysis

competitor_analysis_table_img

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.

Ultimate parent company

1 parent

VICTORIAN NEWS LIMITED

10030706

VICTORIAN NEWS LIMITED Shareholders

j randhawa holdings ltd 100%

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).

officercountryagestartendrole
Mr Jasvinder RandhawaEngland44 years Feb 2016- Director
Mrs Parmjeet RandhawaEngland41 years Sep 2018- Director

P&L

February 2023

turnover

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 2023

net assets

104.8k

+18.05%

total assets

291.7k

+0.73%

cash

87.8k

+0.92%

net assets

Total assets minus all liabilities

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.

charges

victorian news limited Companies House Filings - See Documents

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