verona capital ltd
verona capital ltd Company Information
Company Number
10068348
Website
www.veronacapitalria.comRegistered Address
unit 31 radway industrial estate, radway road, solihull, B90 4NR
Industry
Wholesale of other intermediate products
Telephone
-
Next Accounts Due
295 days late
Group Structure
View All
Directors
Lawrence Hadden8 Years
Shareholders
lawrence hadden 100%
verona capital ltd Estimated Valuation
Pomanda estimates the enterprise value of VERONA CAPITAL LTD at £1.1m based on a Turnover of £3.2m and 0.33x industry multiple (adjusted for size and gross margin).
verona capital ltd Estimated Valuation
Pomanda estimates the enterprise value of VERONA CAPITAL LTD at £2.2m based on an EBITDA of £729.8k and a 3.07x industry multiple (adjusted for size and gross margin).
verona capital ltd Estimated Valuation
Pomanda estimates the enterprise value of VERONA CAPITAL LTD at £5.5m based on Net Assets of £2.4m and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Verona Capital Ltd Overview
Verona Capital Ltd is a live company located in solihull, B90 4NR with a Companies House number of 10068348. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in March 2016, it's largest shareholder is lawrence hadden with a 100% stake. Verona Capital Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.2m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Verona Capital Ltd Health Check
Pomanda's financial health check has awarded Verona Capital Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£12.8m)
- Verona Capital Ltd
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 84%, show it is growing at a faster rate (0.3%)
- Verona Capital Ltd
0.3% - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (25.7%)
- Verona Capital Ltd
25.7% - Industry AVG
Profitability
an operating margin of 22.8% make it more profitable than the average company (7.4%)
- Verona Capital Ltd
7.4% - Industry AVG
Employees
with 40 employees, this is above the industry average (27)
40 - Verona Capital Ltd
27 - Industry AVG
Pay Structure
on an average salary of £43.9k, the company has an equivalent pay structure (£43.9k)
- Verona Capital Ltd
£43.9k - Industry AVG
Efficiency
resulting in sales per employee of £80.1k, this is less efficient (£360.7k)
- Verona Capital Ltd
£360.7k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (61 days)
- Verona Capital Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is close to average (32 days)
- Verona Capital Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 109 days, this is more than average (63 days)
- Verona Capital Ltd
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 127 weeks, this is more cash available to meet short term requirements (17 weeks)
127 weeks - Verona Capital Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.1%, this is a lower level of debt than the average (45.1%)
8.1% - Verona Capital Ltd
45.1% - Industry AVG
VERONA CAPITAL LTD financials
Verona Capital Ltd's latest turnover from March 2022 is estimated at £3.2 million and the company has net assets of £2.4 million. According to their latest financial statements, Verona Capital Ltd has 40 employees and maintains cash reserves of £525.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 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 | 40 | 45 | 35 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,012,460 | 761,245 | 568,787 | 419,755 | 257,532 | 110,200 |
| Intangible Assets | 47,895 | 32,650 | 19,975 | 16,400 | 12,655 | 10,980 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,060,355 | 793,895 | 588,762 | 436,155 | 270,187 | 121,180 |
| Stock & work in progress | 795,402 | 636,197 | 541,254 | 394,577 | 347,621 | 148,118 |
| Trade Debtors | 257,986 | 169,455 | 89,787 | 75,474 | 57,588 | 26,826 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 525,365 | 401,211 | 318,798 | 258,540 | 176,859 | 122,112 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,578,753 | 1,206,863 | 949,839 | 728,591 | 582,068 | 297,056 |
| total assets | 2,639,108 | 2,000,758 | 1,538,601 | 1,164,746 | 852,255 | 418,236 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 214,302 | 169,875 | 124,570 | 74,147 | 39,854 | 19,815 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 214,302 | 169,875 | 124,570 | 74,147 | 39,854 | 19,815 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 214,302 | 169,875 | 124,570 | 74,147 | 39,854 | 19,815 |
| net assets | 2,424,806 | 1,830,883 | 1,414,031 | 1,090,599 | 812,401 | 398,421 |
| total shareholders funds | 2,424,806 | 1,830,883 | 1,414,031 | 1,090,599 | 812,401 | 398,421 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 159,205 | 94,943 | 146,677 | 46,956 | 199,503 | 148,118 |
| Debtors | 88,531 | 79,668 | 14,313 | 17,886 | 30,762 | 26,826 |
| Creditors | 44,427 | 45,305 | 50,423 | 34,293 | 20,039 | 19,815 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 124,154 | 82,413 | 60,258 | 81,681 | 54,747 | 122,112 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 124,154 | 82,413 | 60,258 | 81,681 | 54,747 | 122,112 |
verona capital ltd Credit Report and Business Information
Verona Capital Ltd Competitor Analysis
Perform a competitor analysis for verona capital ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B90 area or any other competitors across 12 key performance metrics.
verona capital ltd Ownership
VERONA CAPITAL LTD group structure
Verona Capital Ltd has no subsidiary companies.
Ultimate parent company
VERONA CAPITAL LTD
10068348
verona capital ltd directors
Verona Capital Ltd currently has 1 director, Mr Lawrence Hadden serving since Mar 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lawrence Hadden | United Kingdom | 57 years | Mar 2016 | - | Director |
P&L
March 2022turnover
3.2m
+3%
operating profit
729.8k
0%
gross margin
17.4%
+1.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
2.4m
+0.32%
total assets
2.6m
+0.32%
cash
525.4k
+0.31%
net assets
Total assets minus all liabilities
verona capital ltd company details
company number
10068348
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
incorporation date
March 2016
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2022
previous names
N/A
accountant
-
auditor
-
address
unit 31 radway industrial estate, radway road, solihull, B90 4NR
Bank
-
Legal Advisor
-
verona capital 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 verona capital ltd.
verona capital ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
