vocation group limited
vocation group limited Company Information
Company Number
10400023
Next Accounts
Dec 2025
Shareholders
john hickling
bgf nominees limited
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
craggs country business park, new road, hebden bridge, HX7 5TT
Website
-vocation group limited Estimated Valuation
Pomanda estimates the enterprise value of VOCATION GROUP LIMITED at £39.2m based on a Turnover of £20.7m and 1.89x industry multiple (adjusted for size and gross margin).
vocation group limited Estimated Valuation
Pomanda estimates the enterprise value of VOCATION GROUP LIMITED at £2.7m based on an EBITDA of £339.7k and a 7.85x industry multiple (adjusted for size and gross margin).
vocation group limited Estimated Valuation
Pomanda estimates the enterprise value of VOCATION GROUP LIMITED at £4.6m based on Net Assets of £3.4m and 1.34x industry multiple (adjusted for liquidity).
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Vocation Group Limited Overview
Vocation Group Limited is a live company located in hebden bridge, HX7 5TT with a Companies House number of 10400023. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in September 2016, it's largest shareholder is john hickling with a 34.9% stake. Vocation Group Limited is a young, large sized company, Pomanda has estimated its turnover at £20.7m with rapid growth in recent years.
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Vocation Group Limited Health Check
Pomanda's financial health check has awarded Vocation Group Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £20.7m, make it in line with the average company (£19.2m)
£20.7m - Vocation Group Limited
£19.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 140%, show it is growing at a faster rate (11.7%)
- Vocation Group Limited
11.7% - Industry AVG
Production
with a gross margin of 44.7%, this company has a lower cost of product (34.9%)
44.7% - Vocation Group Limited
34.9% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (4.6%)
-1.8% - Vocation Group Limited
4.6% - Industry AVG
Employees
with 5 employees, this is below the industry average (105)
5 - Vocation Group Limited
105 - Industry AVG
Pay Structure
on an average salary of £858.8k, the company has a higher pay structure (£44.6k)
£858.8k - Vocation Group Limited
£44.6k - Industry AVG
Efficiency
resulting in sales per employee of £4.1m, this is more efficient (£191.1k)
£4.1m - Vocation Group Limited
£191.1k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (44 days)
54 days - Vocation Group Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (43 days)
29 days - Vocation Group Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 34 days, this is in line with average (35 days)
34 days - Vocation Group Limited
35 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (14 weeks)
39 weeks - Vocation Group Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.5%, this is a similar level of debt than the average (68.7%)
74.5% - Vocation Group Limited
68.7% - Industry AVG
VOCATION GROUP LIMITED financials
Vocation Group Limited's latest turnover from March 2024 is £20.7 million and the company has net assets of £3.4 million. According to their latest financial statements, Vocation Group Limited has 5 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 20,740,213 | 20,014,155 | 18,873,702 | |||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 11,472,684 | 12,065,445 | 11,987,263 | |||||
| Gross Profit | 9,267,529 | 7,948,710 | 6,886,439 | |||||
| Admin Expenses | 9,639,571 | 7,216,293 | 5,294,892 | |||||
| Operating Profit | -372,042 | 732,417 | 1,591,547 | |||||
| Interest Payable | 478,245 | 447,628 | 182,815 | |||||
| Interest Receivable | 98,134 | 4,435 | 6 | |||||
| Pre-Tax Profit | -752,153 | 289,224 | 1,437,333 | |||||
| Tax | 228,932 | -24,299 | -468,843 | |||||
| Profit After Tax | -523,221 | 264,925 | 968,490 | |||||
| Dividends Paid | 681,565 | |||||||
| Retained Profit | -523,221 | 264,925 | 286,925 | |||||
| Employee Costs | 4,293,822 | 3,286,172 | 2,626,075 | |||||
| Number Of Employees | 5 | 4 | 4 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* | 339,738 | 1,360,465 | 2,087,953 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,430,590 | 5,714,285 | 4,735,350 | |||||
| Intangible Assets | 110,694 | 146,708 | 174,573 | |||||
| Investments & Other | 1,005,275 | 1,005,275 | 1,080,285 | 436,785 | 432,905 | |||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 6,541,284 | 5,860,993 | 4,909,923 | 1,005,275 | 1,005,275 | 1,080,285 | 436,785 | 432,905 |
| Stock & work in progress | 1,070,139 | 1,073,602 | 1,909,181 | |||||
| Trade Debtors | 3,094,635 | 2,702,085 | 2,035,183 | 271,752 | 948 | 1,487 | 29,446 | |
| Group Debtors | 421,980 | 496,929 | 339,524 | 245,975 | ||||
| Misc Debtors | 446,731 | 666,501 | 55,835 | 108,181 | 10,176 | |||
| Cash | 2,322,244 | 3,453,157 | 4,677,155 | 142,518 | 76,874 | 46,528 | 37,114 | 53,456 |
| misc current assets | ||||||||
| total current assets | 6,933,749 | 7,895,345 | 8,677,354 | 414,270 | 607,983 | 544,944 | 406,084 | 309,607 |
| total assets | 13,475,033 | 13,756,338 | 13,587,277 | 1,419,545 | 1,613,258 | 1,625,229 | 842,869 | 742,512 |
| Bank overdraft | 330,733 | 258,243 | 290,453 | |||||
| Bank loan | ||||||||
| Trade Creditors | 929,669 | 772,222 | 927,976 | 444,900 | 97 | 291 | 10 | 8 |
| Group/Directors Accounts | 3,550 | |||||||
| other short term finances | 210,811 | |||||||
| hp & lease commitments | 544 | 3,072 | ||||||
| other current liabilities | 1,614,671 | 1,842,420 | 1,840,770 | 621,742 | 934,101 | 469,457 | 359,999 | |
| total current liabilities | 3,085,884 | 2,873,429 | 3,062,271 | 444,900 | 621,839 | 934,392 | 469,467 | 363,557 |
| loans | 5,937,387 | 5,917,926 | 5,929,358 | |||||
| hp & lease commitments | 544 | |||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 1,010,000 | 1,000,000 | 895,046 | |||||
| total long term liabilities | 6,947,387 | 6,917,926 | 6,824,948 | |||||
| total liabilities | 10,033,271 | 9,791,355 | 9,887,219 | 444,900 | 621,839 | 934,392 | 469,467 | 363,557 |
| net assets | 3,441,762 | 3,964,983 | 3,700,058 | 974,645 | 991,419 | 690,837 | 373,402 | 378,955 |
| total shareholders funds | 3,441,762 | 3,964,983 | 3,700,058 | 974,645 | 991,419 | 690,837 | 373,402 | 378,955 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -372,042 | 732,417 | 1,591,547 | |||||
| Depreciation | 649,184 | 553,508 | 432,298 | |||||
| Amortisation | 62,596 | 74,540 | 64,108 | |||||
| Tax | 228,932 | -24,299 | -468,843 | |||||
| Stock | -3,463 | -835,579 | 1,909,181 | |||||
| Debtors | 172,780 | 1,277,568 | 1,819,266 | -259,357 | 32,693 | 129,446 | 112,819 | 256,151 |
| Creditors | 157,447 | -155,754 | 483,076 | 444,803 | -194 | 281 | 2 | 8 |
| Accruals and Deferred Income | -227,749 | 1,650 | 1,840,770 | -621,742 | -312,359 | 464,644 | 109,458 | 359,999 |
| Deferred Taxes & Provisions | 10,000 | 104,954 | 895,046 | |||||
| Cash flow from operations | 339,051 | 845,027 | 1,109,555 | |||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -1,005,275 | -75,010 | 643,500 | 3,880 | 432,905 | |||
| cash flow from investments | 1,005,275 | |||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -3,550 | 3,550 | ||||||
| Other Short Term Loans | 210,811 | |||||||
| Long term loans | 19,461 | -11,432 | 5,929,358 | |||||
| Hire Purchase and Lease Commitments | -544 | -3,072 | 3,616 | |||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | -380,111 | -443,193 | -182,809 | |||||
| cash flow from financing | -150,383 | -457,697 | 8,188,653 | |||||
| cash and cash equivalents | ||||||||
| cash | -1,130,913 | -1,223,998 | 4,534,637 | 65,644 | 30,346 | 9,414 | -16,342 | 53,456 |
| overdraft | 72,490 | -32,210 | 290,453 | |||||
| change in cash | -1,203,403 | -1,191,788 | 4,244,184 | 65,644 | 30,346 | 9,414 | -16,342 | 53,456 |
vocation group limited Credit Report and Business Information
Vocation Group Limited Competitor Analysis
Perform a competitor analysis for vocation group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in HX7 area or any other competitors across 12 key performance metrics.
vocation group limited Ownership
VOCATION GROUP LIMITED group structure
Vocation Group Limited has 2 subsidiary companies.
Ultimate parent company
VOCATION GROUP LIMITED
10400023
2 subsidiaries
vocation group limited directors
Vocation Group Limited currently has 5 directors. The longest serving directors include Mr Gail Lumsden (Dec 2021) and Mr John Hickling (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gail Lumsden | 62 years | Dec 2021 | - | Director | |
| Mr John Hickling | England | 49 years | Dec 2021 | - | Director |
| Mrs Jill Williams | England | 45 years | Apr 2023 | - | Director |
| Mr Vincent Lawson | England | 42 years | Dec 2023 | - | Director |
| Mr John Brooks | England | 37 years | Feb 2024 | - | Director |
P&L
March 2024turnover
20.7m
+4%
operating profit
-372k
-151%
gross margin
44.7%
+12.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
3.4m
-0.13%
total assets
13.5m
-0.02%
cash
2.3m
-0.33%
net assets
Total assets minus all liabilities
vocation group limited company details
company number
10400023
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
September 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
r stenson holdings limited (November 2021)
accountant
-
auditor
AZETS AUDIT SERVICES LIMITED
address
craggs country business park, new road, hebden bridge, HX7 5TT
Bank
HSBC BANK PLC
Legal Advisor
SCHOFIELD SWEENEY
vocation group 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 vocation group limited. Currently there are 1 open charges and 0 have been satisfied in the past.
vocation group 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.
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vocation group limited Companies House Filings - See Documents
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