vabel construction 2 ltd

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vabel construction 2 ltd Company Information

Share VABEL CONSTRUCTION 2 LTD

Company Number

10585433

Shareholders

vabel capital i limited

vabel (lawrence road) investors limited

Group Structure

View All

Industry

Construction of domestic buildings

 

Registered Address

18 haverstock hill, london, NW3 2BL

vabel construction 2 ltd Estimated Valuation

£5.8k

Pomanda estimates the enterprise value of VABEL CONSTRUCTION 2 LTD at £5.8k based on a Turnover of £16.4k and 0.35x industry multiple (adjusted for size and gross margin).

vabel construction 2 ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of VABEL CONSTRUCTION 2 LTD at £0 based on an EBITDA of £-234.7k and a 3.16x industry multiple (adjusted for size and gross margin).

vabel construction 2 ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of VABEL CONSTRUCTION 2 LTD at £0 based on Net Assets of £-224.1k and 1.34x industry multiple (adjusted for liquidity).

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Vabel Construction 2 Ltd Overview

Vabel Construction 2 Ltd is a live company located in london, NW3 2BL with a Companies House number of 10585433. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in January 2017, it's largest shareholder is vabel capital i limited with a 50% stake. Vabel Construction 2 Ltd is a young, micro sized company, Pomanda has estimated its turnover at £16.4k with declining growth in recent years.

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Vabel Construction 2 Ltd Health Check

Pomanda's financial health check has awarded Vabel Construction 2 Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £16.4k, make it smaller than the average company (£536k)

£16.4k - Vabel Construction 2 Ltd

£536k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -83%, show it is growing at a slower rate (9.2%)

-83% - Vabel Construction 2 Ltd

9.2% - Industry AVG

production

Production

with a gross margin of 19.8%, this company has a comparable cost of product (19.8%)

19.8% - Vabel Construction 2 Ltd

19.8% - Industry AVG

profitability

Profitability

an operating margin of -1434.2% make it less profitable than the average company (5.1%)

-1434.2% - Vabel Construction 2 Ltd

5.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Vabel Construction 2 Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)

£43.3k - Vabel Construction 2 Ltd

£43.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £16.4k, this is less efficient (£214.3k)

£16.4k - Vabel Construction 2 Ltd

£214.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Vabel Construction 2 Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 47 days, this is slower than average (30 days)

47 days - Vabel Construction 2 Ltd

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Vabel Construction 2 Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)

0 weeks - Vabel Construction 2 Ltd

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 180.9%, this is a higher level of debt than the average (72.4%)

180.9% - Vabel Construction 2 Ltd

72.4% - Industry AVG

VABEL CONSTRUCTION 2 LTD financials

EXPORTms excel logo

Vabel Construction 2 Ltd's latest turnover from December 2023 is estimated at £16.4 thousand and the company has net assets of -£224.1 thousand. According to their latest financial statements, we estimate that Vabel Construction 2 Ltd has 1 employee and maintains cash reserves of £1.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Jan 2021Jan 2020Jan 2019Jan 2018
Turnover16,36885,634258,8525,619,8933,328,5543,384,3654,543,328
Other Income Or Grants
Cost Of Sales13,12568,650211,4144,545,0972,653,9402,644,6213,495,465
Gross Profit3,24316,98447,4381,074,797674,614739,7441,047,864
Admin Expenses237,9841,025,234-1,789,56481,979-133,713158,527857,421
Operating Profit-234,741-1,008,2501,837,002992,818808,327581,217190,443
Interest Payable441,853995,499814,701623,194275,113
Interest Receivable10,5118,25010124621,7031,114
Pre-Tax Profit-224,230-1,000,0001,395,251-2,657-6,313-40,274-83,555
Tax-265,098
Profit After Tax-224,230-1,000,0001,130,153-2,657-6,313-40,274-83,555
Dividends Paid
Retained Profit-224,230-1,000,0001,130,153-2,657-6,313-40,274-83,555
Employee Costs43,30843,43683,051149,009159,051
Number Of Employees112441218
EBITDA*-234,741-1,008,2501,837,002992,818808,327581,217190,443

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Jan 2021Jan 2020Jan 2019Jan 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress19,353,69414,438,9839,868,5608,186,340
Trade Debtors606,900
Group Debtors230,413190,0001,150,00030,000
Misc Debtors44,598455,6111,728,680201,21411,849109,45069,999
Cash1,893398,53972,90139,1068,1498,299445,751
misc current assets
total current assets276,9041,044,1502,951,58120,200,91414,488,9819,986,3098,702,090
total assets276,9041,044,1502,951,58120,200,91414,488,9819,986,3098,702,090
Bank overdraft
Bank loan
Trade Creditors 1,6998,73625,6983,4524,98478,575248,879
Group/Directors Accounts130,000730,000
other short term finances
hp & lease commitments
other current liabilities369,3241,035,3031,925,7721,100,161474,74331,46371,666
total current liabilities501,0231,044,0391,951,4701,833,613479,727110,038320,545
loans18,500,00014,139,29610,000,0008,465,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities18,500,00014,139,29610,000,0008,465,000
total liabilities501,0231,044,0391,951,47020,333,61314,619,02310,110,0388,785,545
net assets-224,1191111,000,111-132,699-130,042-123,729-83,455
total shareholders funds-224,1191111,000,111-132,699-130,042-123,729-83,455
Dec 2023Dec 2022Dec 2021Jan 2021Jan 2020Jan 2019Jan 2018
Operating Activities
Operating Profit-234,741-1,008,2501,837,002992,818808,327581,217190,443
Depreciation
Amortisation
Tax-265,098
Stock-14,438,9834,914,7114,570,4231,682,2208,186,340
Debtors-370,600-2,233,0692,836,831766,265-67,60139,45169,999
Creditors-7,037-16,96220,714-1,532-73,591-170,304248,879
Accruals and Deferred Income-665,979-890,4691,451,029625,418443,280-40,20371,666
Deferred Taxes & Provisions
Cash flow from operations-537,157317,38814,645,799-4,064,272-3,324,806-1,350,961-7,745,351
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts130,000730,000
Other Short Term Loans
Long term loans-14,139,2964,360,7044,139,2961,535,0008,465,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest10,5118,250-441,752-995,475-814,639-621,491-273,999
cash flow from financing140,5118,250-14,581,0484,095,2293,324,657913,5098,191,101
cash and cash equivalents
cash-396,646325,63864,75230,957-150-437,452445,751
overdraft
change in cash-396,646325,63864,75230,957-150-437,452445,751

vabel construction 2 ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Vabel Construction 2 Ltd Competitor Analysis

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Perform a competitor analysis for vabel construction 2 ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NW3 area or any other competitors across 12 key performance metrics.

vabel construction 2 ltd Ownership

VABEL CONSTRUCTION 2 LTD group structure

Vabel Construction 2 Ltd has no subsidiary companies.

Ultimate parent company

VABEL CONSTRUCTION 2 LTD

10585433

VABEL CONSTRUCTION 2 LTD Shareholders

vabel capital i limited 50%
vabel (lawrence road) investors limited 50%

vabel construction 2 ltd directors

Vabel Construction 2 Ltd currently has 4 directors. The longest serving directors include Mr Jeremy Spencer (Jan 2017) and Mr Daniel Baliti (Nov 2017).

officercountryagestartendrole
Mr Jeremy SpencerEngland43 years Jan 2017- Director
Mr Daniel BalitiEngland43 years Nov 2017- Director
Dr Zoe FoxEngland48 years Nov 2017- Director
Mr Anthony AlexanderEngland38 years Oct 2018- Director

P&L

December 2023

turnover

16.4k

-81%

operating profit

-234.7k

0%

gross margin

19.9%

-0.11%

turnover

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

Balance Sheet

December 2023

net assets

-224.1k

-2020.09%

total assets

276.9k

-0.73%

cash

1.9k

-1%

net assets

Total assets minus all liabilities

vabel construction 2 ltd company details

company number

10585433

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

January 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

18 haverstock hill, london, NW3 2BL

Bank

-

Legal Advisor

-

vabel construction 2 ltd 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 vabel construction 2 ltd.

vabel construction 2 ltd 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 VABEL CONSTRUCTION 2 LTD. This can take several minutes, an email will notify you when this has completed.

vabel construction 2 ltd Companies House Filings - See Documents

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