v safety limited
v safety limited Company Information
Company Number
10447575
Next Accounts
Dec 2024
Industry
Other retail sale not in stores, stalls or markets
Shareholders
poole bay holdings limited
Group Structure
View All
Contact
Registered Address
1st floor, fleetsbridge house, fleets corner business park, poole, dorset, BH17 0LA
Website
https://www.mvsafety.co.ukv safety limited Estimated Valuation
Pomanda estimates the enterprise value of V SAFETY LIMITED at £1.6m based on a Turnover of £4.6m and 0.35x industry multiple (adjusted for size and gross margin).
v safety limited Estimated Valuation
Pomanda estimates the enterprise value of V SAFETY LIMITED at £65.4k based on an EBITDA of £19.1k and a 3.42x industry multiple (adjusted for size and gross margin).
v safety limited Estimated Valuation
Pomanda estimates the enterprise value of V SAFETY LIMITED at £342.4k based on Net Assets of £174.5k and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
V Safety Limited Overview
V Safety Limited is a live company located in poole, BH17 0LA with a Companies House number of 10447575. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in October 2016, it's largest shareholder is poole bay holdings limited with a 100% stake. V Safety Limited is a young, small sized company, Pomanda has estimated its turnover at £4.6m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
V Safety Limited Health Check
Pomanda's financial health check has awarded V Safety Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £4.6m, make it larger than the average company (£817.4k)
- V Safety Limited
£817.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.3%)
- V Safety Limited
4.3% - Industry AVG
Production
with a gross margin of 33.4%, this company has a comparable cost of product (33.4%)
- V Safety Limited
33.4% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (5.6%)
- V Safety Limited
5.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - V Safety Limited
9 - Industry AVG
Pay Structure
on an average salary of £34k, the company has an equivalent pay structure (£34k)
- V Safety Limited
£34k - Industry AVG
Efficiency
resulting in sales per employee of £2.3m, this is more efficient (£192.7k)
- V Safety Limited
£192.7k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (33 days)
- V Safety Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (35 days)
- V Safety Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- V Safety Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (27 weeks)
0 weeks - V Safety Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98%, this is a higher level of debt than the average (66.1%)
98% - V Safety Limited
66.1% - Industry AVG
V SAFETY LIMITED financials
V Safety Limited's latest turnover from March 2023 is estimated at £4.6 million and the company has net assets of £174.5 thousand. According to their latest financial statements, V Safety Limited has 2 employees and maintains cash reserves of £8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 981,069 | 743,342 | 859,365 | 1,090,150 | 554,750 | 63,183 |
| Group Debtors | 7,675,772 | 6,371,955 | 3,097,793 | 1,272,108 | 0 | 525 |
| Misc Debtors | 144,916 | 0 | 11,106 | 1,788 | 0 | 10,807 |
| Cash | 8,009 | 14,414 | 17,606 | 18,691 | 20,427 | 13,900 |
| misc current assets | 0 | 0 | 2,927 | 0 | 0 | 0 |
| total current assets | 8,809,766 | 7,129,711 | 3,988,797 | 2,382,737 | 576,986 | 88,415 |
| total assets | 8,809,766 | 7,129,711 | 3,988,797 | 2,382,737 | 576,986 | 88,415 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,571 | 2,677 | 0 | 577 | 5,909 | 3,036 |
| Group/Directors Accounts | 8,223,278 | 6,705,538 | 3,713,224 | 2,062,271 | 0 | 5,830 |
| other short term finances | 0 | 0 | 0 | 0 | 518,026 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 397,422 | 262,865 | 225,872 | 274,902 | 0 | 42,260 |
| total current liabilities | 8,635,271 | 6,971,080 | 3,939,096 | 2,337,750 | 536,234 | 51,126 |
| 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 | 8,635,271 | 6,971,080 | 3,939,096 | 2,337,750 | 536,234 | 51,126 |
| net assets | 174,495 | 158,631 | 49,701 | 44,987 | 40,752 | 37,289 |
| total shareholders funds | 174,495 | 158,631 | 49,701 | 44,987 | 40,752 | 37,289 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,686,460 | 3,147,033 | 1,604,218 | 1,809,296 | 480,235 | 74,515 |
| Creditors | 11,894 | 2,677 | -577 | -5,332 | 2,873 | 3,036 |
| Accruals and Deferred Income | 134,557 | 36,993 | -49,030 | 274,902 | -42,260 | 42,260 |
| 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 | 1,517,740 | 2,992,314 | 1,650,953 | 2,062,271 | -5,830 | 5,830 |
| Other Short Term Loans | 0 | 0 | 0 | -518,026 | 518,026 | 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 | -6,405 | -3,192 | -1,085 | -1,736 | 6,527 | 13,900 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -6,405 | -3,192 | -1,085 | -1,736 | 6,527 | 13,900 |
v safety limited Credit Report and Business Information
V Safety Limited Competitor Analysis
Perform a competitor analysis for v safety limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BH17 area or any other competitors across 12 key performance metrics.
v safety limited Ownership
V SAFETY LIMITED group structure
V Safety Limited has no subsidiary companies.
Ultimate parent company
2 parents
V SAFETY LIMITED
10447575
v safety limited directors
V Safety Limited currently has 2 directors. The longest serving directors include Mr Hugh McKenna (Oct 2016) and Mr Martyn Bright (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hugh McKenna | United Kingdom | 71 years | Oct 2016 | - | Director |
| Mr Martyn Bright | United Kingdom | 69 years | Oct 2016 | - | Director |
P&L
March 2023turnover
4.6m
+44%
operating profit
19.1k
0%
gross margin
33.4%
+1.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
174.5k
+0.1%
total assets
8.8m
+0.24%
cash
8k
-0.44%
net assets
Total assets minus all liabilities
v safety limited company details
company number
10447575
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
October 2016
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
MCA BANBURY LTD
auditor
-
address
1st floor, fleetsbridge house, fleets corner business park, poole, dorset, BH17 0LA
Bank
-
Legal Advisor
-
v safety 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 v safety limited.
v safety limited Companies House Filings - See Documents
| date | description | view/download |
|---|
