Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
nicholson house shakespeare way, whitchurch, SY13 1LJ
Website
-
varro properties limitedEstimated Valuation
£256.2k
Pomanda estimates the enterprise value of VARRO PROPERTIES LIMITED at £256.2k based on a Turnover of £82.1k and 3.12x industry multiple (adjusted for size and gross margin).
varro properties limitedEstimated Valuation
£406.6k
Pomanda estimates the enterprise value of VARRO PROPERTIES LIMITED at £406.6k based on an EBITDA of £66.9k and a 6.07x industry multiple (adjusted for size and gross margin).
varro properties limitedEstimated Valuation
£626.8k
Pomanda estimates the enterprise value of VARRO PROPERTIES LIMITED at £626.8k based on Net Assets of £372.5k and 1.68x industry multiple (adjusted for liquidity).
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Varro Properties LimitedOverview
Varro Properties Limited is a live company located in whitchurch, SY13 1LJ with a Companies House number of 10071511. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2016, it's largest shareholder is
zeus properties (holdings) limited
with a 100% stake. Varro Properties Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£82.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Varro Properties Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £82.1k, make it smaller than the average company (£1.1m)
£82.1k - Varro Properties Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (3.7%)
-2% - Varro Properties Limited
3.7% - Industry AVG
Production
with a gross margin of 71%, this company has a comparable cost of product (71%)
71% - Varro Properties Limited
71% - Industry AVG
Profitability
an operating margin of 76.7% make it more profitable than the average company (21.5%)
76.7% - Varro Properties Limited
21.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Varro Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.2k, the company has an equivalent pay structure (£33.2k)
£33.2k - Varro Properties Limited
£33.2k - Industry AVG
Efficiency
resulting in sales per employee of £82.1k, this is less efficient (£202.7k)
£82.1k - Varro Properties Limited
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (33 days)
20 days - Varro Properties Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (34 days)
12 days - Varro Properties Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Varro Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (10 weeks)
2 weeks - Varro Properties Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.7%, this is a lower level of debt than the average (71.6%)
45.7% - Varro Properties Limited
71.6% - Industry AVG
VARRO PROPERTIES LIMITED financials
EXPORT
Varro Properties Limited's latest turnover from December 2023 is estimated at £82.1 thousand and the company has net assets of £372.5 thousand. According to their latest financial statements, Varro Properties Limited has 1 employee and maintains cash reserves of £9.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Turnover
82,136
87,595
132,834
86,243
99,278
89,410
617
1,300
Other Income Or Grants
Cost Of Sales
23,807
25,636
41,545
26,860
32,703
28,026
180
361
Gross Profit
58,329
61,959
91,288
59,383
66,575
61,384
437
939
Admin Expenses
-4,685
2,521
23,364
17,869
29,921
5,376
44,864
939
Operating Profit
63,014
59,438
67,924
41,514
36,654
56,008
-44,427
Interest Payable
15,817
14,813
10,678
10,763
12,192
12,936
6,404
Interest Receivable
1,010
960
51
9
28
23
7
Pre-Tax Profit
48,207
45,585
57,296
30,760
24,490
43,095
-50,824
Tax
-12,052
-8,661
-10,886
-5,844
-4,653
-8,188
Profit After Tax
36,155
36,924
46,410
24,916
19,837
34,907
-50,824
Dividends Paid
Retained Profit
36,155
36,924
46,410
24,916
19,837
34,907
-50,824
Employee Costs
33,165
31,487
30,188
28,452
29,284
28,121
26,848
26,676
Number Of Employees
1
1
1
1
1
1
1
1
EBITDA*
66,931
62,807
67,924
41,514
36,654
56,008
-44,427
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Tangible Assets
12,712
14,984
11,848
Intangible Assets
Investments & Other
554,000
554,000
554,000
554,000
554,000
554,000
554,000
Debtors (Due After 1 year)
Total Fixed Assets
566,712
568,984
565,848
554,000
554,000
554,000
554,000
Stock & work in progress
Trade Debtors
4,607
5,775
18,167
5,500
100
Group Debtors
105,083
86,900
71,800
73,700
35,750
11,550
Misc Debtors
444
181
291
2,959
3,055
12,052
9,358
Cash
9,174
29,287
25,584
14,927
4,025
3,416
2,700
misc current assets
total current assets
119,308
122,143
115,842
91,586
48,330
27,018
12,058
100
total assets
686,020
691,127
681,690
645,586
602,330
581,018
566,058
100
Bank overdraft
14,845
15,815
15,789
13,630
11,234
10,815
10,601
Bank loan
Trade Creditors
820
7,997
1,058
405
679
207
Group/Directors Accounts
145,720
169,390
184,095
174,827
166,064
165,965
179,965
other short term finances
hp & lease commitments
other current liabilities
33,853
29,423
33,330
39,517
33,213
19,927
15,531
total current liabilities
195,238
222,625
234,272
228,379
210,511
197,386
206,304
loans
118,327
132,202
148,042
164,241
163,769
175,419
186,448
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
118,327
132,202
148,042
164,241
163,769
175,419
186,448
total liabilities
313,565
354,827
382,314
392,620
374,280
372,805
392,752
net assets
372,455
336,300
299,376
252,966
228,050
208,213
173,306
100
total shareholders funds
372,455
336,300
299,376
252,966
228,050
208,213
173,306
100
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Operating Activities
Operating Profit
63,014
59,438
67,924
41,514
36,654
56,008
-44,427
Depreciation
3,917
3,369
Amortisation
Tax
-12,052
-8,661
-10,886
-5,844
-4,653
-8,188
Stock
Debtors
17,278
2,598
13,599
32,354
20,703
14,244
9,258
100
Creditors
-7,177
6,939
653
405
-679
472
207
Accruals and Deferred Income
4,430
-3,907
-6,187
6,304
13,286
4,396
15,531
Deferred Taxes & Provisions
Cash flow from operations
34,854
54,580
37,905
10,025
23,905
38,444
-37,947
-100
Investing Activities
capital expenditure
-1,645
-6,505
-11,848
Change in Investments
554,000
cash flow from investments
-1,645
-6,505
-11,848
-554,000
Financing Activities
Bank loans
Group/Directors Accounts
-23,670
-14,705
9,268
8,763
99
-14,000
179,965
Other Short Term Loans
Long term loans
-13,875
-15,840
-16,199
472
-11,650
-11,029
186,448
Hire Purchase and Lease Commitments
other long term liabilities
share issue
224,030
100
interest
-14,807
-13,853
-10,627
-10,754
-12,164
-12,913
-6,397
cash flow from financing
-52,352
-44,398
-17,558
-1,519
-23,715
-37,942
584,046
100
cash and cash equivalents
cash
-20,113
3,703
10,657
10,902
609
716
2,700
overdraft
-970
26
2,159
2,396
419
214
10,601
change in cash
-19,143
3,677
8,498
8,506
190
502
-7,901
varro properties 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 varro properties limited. Get real-time insights into varro properties limited's credit score, group structure and payment trends.
Perform a competitor analysis for varro properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SY13 area or any other competitors across 12 key performance metrics.
varro properties limited Ownership
VARRO PROPERTIES LIMITED group structure
Varro Properties Limited has no subsidiary companies.
nicholson house shakespeare way, whitchurch, SY13 1LJ
Bank
-
Legal Advisor
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varro properties 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 varro properties limited.
varro properties limited Capital Raised & Share Issues BETA
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varro properties limitedCompanies House Filings - See Documents
