versa manchester studios limited
versa manchester studios limited Company Information
Company Number
10283688
Next Accounts
Sep 2025
Shareholders
manchester quays limited
Group Structure
View All
Industry
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
c/o allied london, suite 1,, bonded warehouse, manchester, greater manchester, M3 4AP
versa manchester studios limited Estimated Valuation
Pomanda estimates the enterprise value of VERSA MANCHESTER STUDIOS LIMITED at £8m based on a Turnover of £2.4m and 3.33x industry multiple (adjusted for size and gross margin).
versa manchester studios limited Estimated Valuation
Pomanda estimates the enterprise value of VERSA MANCHESTER STUDIOS LIMITED at £0 based on an EBITDA of £-716.1k and a 6.51x industry multiple (adjusted for size and gross margin).
versa manchester studios limited Estimated Valuation
Pomanda estimates the enterprise value of VERSA MANCHESTER STUDIOS LIMITED at £0 based on Net Assets of £-5.6m and 1.75x industry multiple (adjusted for liquidity).
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Versa Manchester Studios Limited Overview
Versa Manchester Studios Limited is a live company located in manchester, M3 4AP with a Companies House number of 10283688. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2016, it's largest shareholder is manchester quays limited with a 100% stake. Versa Manchester Studios Limited is a young, small sized company, Pomanda has estimated its turnover at £2.4m with healthy growth in recent years.
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Versa Manchester Studios Limited Health Check
Pomanda's financial health check has awarded Versa Manchester Studios Limited a 3.5 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
1 Regular
4 Weak
Size
annual sales of £2.4m, make it larger than the average company (£1.1m)
£2.4m - Versa Manchester Studios Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (3.6%)
15% - Versa Manchester Studios Limited
3.6% - Industry AVG
Production
with a gross margin of 65.2%, this company has a comparable cost of product (71%)
65.2% - Versa Manchester Studios Limited
71% - Industry AVG
Profitability
an operating margin of -48.7% make it less profitable than the average company (21.6%)
-48.7% - Versa Manchester Studios Limited
21.6% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Versa Manchester Studios Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Versa Manchester Studios Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £478.8k, this is more efficient (£202.7k)
£478.8k - Versa Manchester Studios Limited
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 129 days, this is later than average (33 days)
129 days - Versa Manchester Studios Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 840 days, this is slower than average (34 days)
840 days - Versa Manchester Studios Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Versa Manchester Studios Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Versa Manchester Studios Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 326.8%, this is a higher level of debt than the average (71.6%)
326.8% - Versa Manchester Studios Limited
71.6% - Industry AVG
VERSA MANCHESTER STUDIOS LIMITED financials
Versa Manchester Studios Limited's latest turnover from December 2023 is £2.4 million and the company has net assets of -£5.6 million. According to their latest financial statements, Versa Manchester Studios Limited has 5 employees and maintains cash reserves of £38.9 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | 2,393,821 | 2,147,172 | 2,863,580 | 1,580,951 | 1,087,285 | ||
| Other Income Or Grants | |||||||
| Cost Of Sales | 832,957 | 802,133 | 2,440,052 | 1,214,313 | 618,861 | ||
| Gross Profit | 1,560,864 | 1,345,039 | 423,528 | 366,638 | 468,424 | ||
| Admin Expenses | 2,725,720 | 2,098,086 | 2,006,888 | 1,455,869 | 1,266,532 | ||
| Operating Profit | -1,164,856 | -753,047 | -1,583,360 | -1,089,231 | -798,108 | ||
| Interest Payable | 66,774 | 67,211 | 27,486 | 36,524 | |||
| Interest Receivable | |||||||
| Pre-Tax Profit | -1,231,630 | -820,258 | -1,704,714 | -1,125,755 | -798,108 | ||
| Tax | 59,803 | ||||||
| Profit After Tax | -1,231,630 | -760,455 | -1,704,714 | -1,125,755 | -798,108 | ||
| Dividends Paid | |||||||
| Retained Profit | -1,231,630 | -760,455 | -1,704,714 | -1,125,755 | -798,108 | ||
| Employee Costs | |||||||
| Number Of Employees | 5 | 5 | 5 | 5 | 4 | 4 | 6 |
| EBITDA* | -716,092 | -363,087 | -1,210,546 | -929,411 | -746,396 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,002,283 | 1,318,753 | 1,219,431 | 1,474,018 | 536,228 | 246,231 | |
| Intangible Assets | |||||||
| Investments & Other | 100 | 100 | 100 | ||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 1,002,283 | 1,318,753 | 1,219,531 | 1,474,118 | 536,328 | 246,231 | |
| Stock & work in progress | |||||||
| Trade Debtors | 852,390 | 740,544 | 296,119 | 810,980 | 115,954 | 539,205 | 100 |
| Group Debtors | 6,182,442 | 1,843,314 | 18,627 | ||||
| Misc Debtors | 577,791 | 317,811 | 439,677 | 242,552 | 89,414 | ||
| Cash | 38,908 | 218,372 | 337,403 | 32,826 | |||
| misc current assets | 38,890 | ||||||
| total current assets | 1,469,089 | 1,058,355 | 7,136,610 | 3,234,249 | 256,821 | 578,095 | 100 |
| total assets | 2,471,372 | 2,377,108 | 8,356,141 | 4,708,367 | 793,149 | 824,326 | 100 |
| Bank overdraft | 250,200 | 259,676 | 250,200 | ||||
| Bank loan | 156,375 | ||||||
| Trade Creditors | 1,917,549 | 1,356,197 | 1,366,444 | 1,133,672 | 247,107 | 740,554 | |
| Group/Directors Accounts | 2,179,977 | 1,802,855 | 6,665,853 | 2,257,838 | 297,420 | ||
| other short term finances | |||||||
| hp & lease commitments | 41,000 | 89,466 | 80,514 | ||||
| other current liabilities | 3,268,930 | 2,580,834 | 2,597,001 | 1,753,186 | 1,030,052 | ||
| total current liabilities | 7,616,656 | 6,040,562 | 10,968,964 | 5,381,585 | 1,574,579 | 740,554 | |
| loans | 949,200 | 1,094,625 | |||||
| hp & lease commitments | 49,876 | 139,342 | |||||
| Accruals and Deferred Income | 67,094 | ||||||
| other liabilities | 458,700 | 708,900 | |||||
| provisions | |||||||
| total long term liabilities | 458,700 | 708,900 | 999,076 | 1,233,967 | 67,094 | ||
| total liabilities | 8,075,356 | 6,749,462 | 11,968,040 | 6,615,552 | 1,574,579 | 807,648 | |
| net assets | -5,603,984 | -4,372,354 | -3,611,899 | -1,907,185 | -781,430 | 16,678 | 100 |
| total shareholders funds | -5,603,984 | -4,372,354 | -3,611,899 | -1,907,185 | -781,430 | 16,678 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -1,164,856 | -753,047 | -1,583,360 | -1,089,231 | -798,108 | ||
| Depreciation | 448,764 | 389,960 | 372,814 | 159,820 | 51,712 | ||
| Amortisation | |||||||
| Tax | 59,803 | ||||||
| Stock | |||||||
| Debtors | 371,826 | -5,859,883 | 4,021,392 | 2,672,851 | -315,210 | 539,105 | 100 |
| Creditors | 561,352 | -10,247 | 232,772 | 886,565 | -493,447 | 740,554 | |
| Accruals and Deferred Income | 688,096 | -16,167 | 843,815 | 723,134 | 962,958 | 67,094 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | 161,530 | 5,530,185 | -4,155,351 | -1,992,563 | 38,325 | ||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -100 | 100 | |||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | -156,375 | 156,375 | |||||
| Group/Directors Accounts | 377,122 | -4,862,998 | 4,408,015 | 1,960,418 | 297,420 | ||
| Other Short Term Loans | |||||||
| Long term loans | -949,200 | -145,425 | 1,094,625 | ||||
| Hire Purchase and Lease Commitments | -41,000 | -98,342 | -80,514 | 219,856 | |||
| other long term liabilities | -250,200 | 708,900 | |||||
| share issue | |||||||
| interest | -66,774 | -67,211 | -27,486 | -36,524 | |||
| cash flow from financing | 19,148 | -5,268,851 | 3,998,215 | 3,394,750 | 297,420 | ||
| cash and cash equivalents | |||||||
| cash | 38,908 | -218,372 | -119,031 | 304,577 | 32,826 | ||
| overdraft | -9,476 | 9,476 | 250,200 | ||||
| change in cash | 48,384 | -227,848 | -369,231 | 304,577 | 32,826 |
versa manchester studios limited Credit Report and Business Information
Versa Manchester Studios Limited Competitor Analysis
Perform a competitor analysis for versa manchester studios limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in M 3 area or any other competitors across 12 key performance metrics.
versa manchester studios limited Ownership
VERSA MANCHESTER STUDIOS LIMITED group structure
Versa Manchester Studios Limited has 1 subsidiary company.
Ultimate parent company
CAPITAL HOLDCO LTD
#0068012
2 parents
VERSA MANCHESTER STUDIOS LIMITED
10283688
1 subsidiary
versa manchester studios limited directors
Versa Manchester Studios Limited currently has 5 directors. The longest serving directors include Mr Jonathan Raine (Jul 2016) and Mr Suresh Gorasia (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Raine | United Kingdom | 44 years | Jul 2016 | - | Director |
| Mr Suresh Gorasia | United Kingdom | 51 years | Jul 2016 | - | Director |
| Mr Michael Ingall | England | 65 years | Jul 2016 | - | Director |
| Mr Frederick Graham-Watson | England | 67 years | Jul 2016 | - | Director |
| Mr Charlie Ingall | United Kingdom | 35 years | Aug 2020 | - | Director |
P&L
December 2023turnover
2.4m
+11%
operating profit
-1.2m
+55%
gross margin
65.3%
+4.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-5.6m
+0.28%
total assets
2.5m
+0.04%
cash
38.9k
0%
net assets
Total assets minus all liabilities
versa manchester studios limited company details
company number
10283688
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
July 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
manchester studios limited (July 2022)
all studios holdings limited (January 2022)
See moreaccountant
-
auditor
SUMER AUDITCO LIMITED
address
c/o allied london, suite 1,, bonded warehouse, manchester, greater manchester, M3 4AP
Bank
-
Legal Advisor
-
versa manchester studios 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 found 1 charges/mortgages relating to versa manchester studios limited. Currently there are 0 open charges and 1 have been satisfied in the past.
versa manchester studios limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for VERSA MANCHESTER STUDIOS LIMITED. This can take several minutes, an email will notify you when this has completed.
versa manchester studios limited Companies House Filings - See Documents
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