Vr Electronics Limited

POWER SEARCH PRICING

SOLUTIONS

vr electronics limited Company Information

Live (In Receivership)

YoungSmallRapid

Company Number

10172993

Website

vrelectronics.com

Registered Address

4 beaconsfield road, st. albans, hertfordshire, AL1 3RD

Industry

Manufacture of other electrical equipment

Manufacture of consumer electronics

View All

Telephone

Next Accounts Due

44 days late

Group Structure

View All

Directors

Sergei Nossoff5 Years

Ashish Solanki5 Years

View All

Shareholders

siarhei khurs 18.1%

tst 1 llc 7.9%

View All

vr electronics limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of VR ELECTRONICS LIMITED at £2.4m based on a Turnover of £3.4m and 0.71x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Vr Electronics Limited is a live company located in hertfordshire, AL1 3RD with a Companies House number of 10172993. It operates in the manufacture of consumer electronics sector, SIC Code 26400. Founded in May 2016, it's largest shareholder is siarhei khurs with a 18.1% stake. Vr Electronics Limited is a young, small sized company, Pomanda has estimated its turnover at £3.4m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Vr Electronics Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

2 Regular

6 Weak

Size

annual sales of £3.4m, make it smaller than the average company (£9.6m)

Growth

3 year (CAGR) sales growth of 136%, show it is growing at a faster rate (8.3%)

EXPORT

Vr Electronics Limited's latest turnover from December 2022 is estimated at £3.4 million and the company has net assets of -£2 million. According to their latest financial statements, Vr Electronics Limited has 1 employee and maintains cash reserves of £53.2 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Jun 2017
Turnover	3,435,643	1,810,490	3,163,844	262,589	82,924	0	0
Other Income Or Grants	0	0	0	0	0	0	0
Cost Of Sales	2,026,730	1,093,889	1,918,220	164,497	52,220	0	0
Gross Profit	1,408,913	716,600	1,245,623	98,092	30,704	0	0
Admin Expenses	4,788,300	2,679,399	3,130,021	3,260,327	1,587,424	1,054,477	543,760
Operating Profit	-3,379,387	-1,962,799	-1,884,398	-3,162,235	-1,556,720	-1,054,477	-543,760
Interest Payable	6,185	3,867	1,630	0	0	0	0
Interest Receivable	1,632	86	451	7,440	4,289	82	162
Pre-Tax Profit	-3,383,941	-1,966,580	-1,885,577	-3,154,795	-1,552,431	-1,054,395	-543,598
Tax	0	0	0	0	0	0	0
Profit After Tax	-3,383,941	-1,966,580	-1,885,577	-3,154,795	-1,552,431	-1,054,395	-543,598
Dividends Paid	0	0	0	0	0	0	0
Retained Profit	-3,383,941	-1,966,580	-1,885,577	-3,154,795	-1,552,431	-1,054,395	-543,598
Employee Costs	54,050	51,760	924,901	95,334	47,080	0	0
Number Of Employees	1	1	19	2	1	0	0
EBITDA*	-3,369,633	-1,950,190	-1,884,398	-3,071,972	-1,556,720	-1,054,477	-543,760

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Jun 2017	Jun 2016
Tangible Assets	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0
Investments & Other	3	1,165,904	1,165,904	1,165,904	883,014	392,308	392,308	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0
Total Fixed Assets	3	1,165,904	1,165,904	1,165,904	883,014	392,308	392,308	0
Stock & work in progress	606,442	558,702	540,480	0	0	0	0	0
Trade Debtors	248,150	239,535	439,548	34,811	11,539	0	0	0
Group Debtors	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	25,290	5,674	5,674	1
Cash	53,189	40,048	28,595	873,278	1,110,846	32,841	129,317	0
misc current assets	5,733	201,813	338,939	723,048	145,881	135,588	95,380	0
total current assets	913,514	1,040,098	1,347,562	1,631,137	1,293,556	174,103	230,371	1
total assets	913,517	2,206,002	2,513,466	2,797,041	2,176,570	566,411	622,679	1
Bank overdraft	59,899	70,318	53,427	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0
Trade Creditors	2,352,661	499,888	0	0	0	0	0	0
Group/Directors Accounts	535,441	291,262	206,311	0	0	303,929	267,174	0
other short term finances	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0
other current liabilities	0	0	640,114	63,213	27,177	8,005	5,000	0
total current liabilities	2,948,001	861,468	899,852	63,213	27,177	311,934	272,174	0
loans	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0
total liabilities	2,948,001	861,468	899,852	63,213	27,177	311,934	272,174	0
net assets	-2,034,484	1,344,534	1,613,614	2,733,828	2,149,393	254,477	350,505	1
total shareholders funds	-2,034,484	1,344,534	1,613,614	2,733,828	2,149,393	254,477	350,505	1

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Jun 2017	Jun 2016
Operating Activities
Operating Profit	-3,379,387	-1,962,799	-1,884,398	-3,162,235	-1,556,720	-1,054,477	-543,760	0
Depreciation	9,754	12,609	0	0	0	0	0	0
Amortisation	0	0	0	90,263	0	0	0	0
Tax	0	0	0	0	0	0	0	0
Stock	47,740	18,222	540,480	0	0	0	0	0
Debtors	8,615	-200,013	404,737	-2,018	31,155	5,673	5,673	1
Creditors	1,852,773	499,888	0	0	0	0	0	0
Accruals and Deferred Income	0	-640,114	576,901	36,036	19,172	8,005	5,000	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0
Cash flow from operations	-1,573,215	-1,908,625	-2,252,714	-3,033,918	-1,568,703	-1,052,145	-544,433	-1
Investing Activities
capital expenditure	-9,754	-12,609	0	-90,263	0	0	0	0
Change in Investments	-1,165,901	0	0	282,890	490,706	392,308	392,308	0
cash flow from investments	1,156,147	-12,609	0	-373,153	-490,706	-392,308	-392,308	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0
Group/Directors Accounts	244,179	84,951	206,311	0	-303,929	303,929	267,174	0
Other Short Term Loans	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0
share issue	4,923	1,697,500	765,363	3,739,230	3,447,347	1,308,871	894,102	1
interest	-4,553	-3,781	-1,179	7,440	4,289	82	162	0
cash flow from financing	244,549	1,778,670	970,495	3,746,670	3,147,707	1,612,882	1,161,438	1
cash and cash equivalents
cash	13,141	11,453	-844,683	-237,568	1,078,005	32,841	129,317	0
overdraft	-10,419	16,891	53,427	0	0	0	0	0
change in cash	23,560	-5,438	-898,110	-237,568	1,078,005	32,841	129,317	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for vr electronics limited. Get real-time insights into vr electronics limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for vr electronics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in AL1 area or any other competitors across 12 key performance metrics.

VR ELECTRONICS LIMITED group structure

Vr Electronics Limited has no subsidiary companies.

Ultimate parent company

VR ELECTRONICS LIMITED

10172993

VR ELECTRONICS LIMITED Shareholders

siarhei khurs	18.06%
tst 1 llc	7.85%
sergei igorevich nossoff	7.5%
aleksander girda	6.93%
dimitri mikhalchuk	6.24%
rashid sardarov	6.07%
owen ashley keane	3.68%
the r	3.47%
coruscant investment holdings limited	3.24%
somnium space ltd	2.79%

Vr Electronics Limited currently has 4 directors. The longest serving directors include Mr Sergei Nossoff (Nov 2019) and Mr Ashish Solanki (Nov 2019).

officer	country	age	start	end	role
Mr Sergei Nossoff	United Kingdom	47 years	Nov 2019	-	Director
Mr Ashish Solanki	United Kingdom	56 years	Nov 2019	-	Director
Mr Owen Keane	United Kingdom	59 years	Nov 2019	-	Director
Mr Sergei Nossoff	United Kingdom	47 years	Nov 2019	-	Director

P&L

December 2022

turnover

3.4m

+90%

operating profit

-3.4m

gross margin

41.1%

+3.61%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

-2m

-2.51%

total assets

913.5k

-0.59%

cash

53.2k

+0.33%

net assets

Total assets minus all liabilities

Similar Companies

art audio (uk) limited

3.5

greenhalse electronics limited

1.5

azure development solutions ltd

boldport ltd

trueview limited

company number

10172993

Type

Private limited with Share Capital

industry

62011 - Ready-made interactive leisure and entertainment software development

27900 - Manufacture of other electrical equipment

26400 - Manufacture of consumer electronics

incorporation date

May 2016

ultimate parent company

None

previous names

N/A

address

4 beaconsfield road, st. albans, hertfordshire, AL1 3RD

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 vr electronics limited.

vr electronics limited Company Information

vr electronics limited Estimated Valuation

vr electronics limited Estimated Valuation

vr electronics limited Estimated Valuation

Vr Electronics Limited Overview

Vr Electronics Limited Health Check

VR ELECTRONICS LIMITED financials

vr electronics limited Credit Report and Business Information

Vr Electronics Limited Competitor Analysis

vr electronics limited Ownership

vr electronics limited directors

vr electronics limited company details

vr electronics limited Charges & Mortgages

vr electronics limited Companies House Filings - See Documents