vabel construction 2 ltd Company Information
Company Number
10585433
Next Accounts
Sep 2025
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
Website
www.vabel.co.ukvabel construction 2 ltd Estimated Valuation
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
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
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


1 Strong

2 Regular

7 Weak

Size
annual sales of £16.4k, make it smaller than the average company (£536k)
- Vabel Construction 2 Ltd
£536k - Industry AVG

Growth
3 year (CAGR) sales growth of -83%, show it is growing at a slower rate (9.2%)
- Vabel Construction 2 Ltd
9.2% - Industry AVG

Production
with a gross margin of 19.8%, this company has a comparable cost of product (19.8%)
- Vabel Construction 2 Ltd
19.8% - Industry AVG

Profitability
an operating margin of -1434.2% make it less profitable than the average company (5.1%)
- Vabel Construction 2 Ltd
5.1% - Industry AVG

Employees
with 1 employees, this is below the industry average (4)
- Vabel Construction 2 Ltd
4 - Industry AVG

Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)
- Vabel Construction 2 Ltd
£43.3k - Industry AVG

Efficiency
resulting in sales per employee of £16.4k, this is less efficient (£214.3k)
- Vabel Construction 2 Ltd
£214.3k - Industry AVG

Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Vabel Construction 2 Ltd
- - Industry AVG

Creditor Days
its suppliers are paid after 47 days, this is slower than average (30 days)
- Vabel Construction 2 Ltd
30 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vabel Construction 2 Ltd
- - Industry AVG

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

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

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 House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 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 | 4 | 4 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
---|---|---|---|---|---|---|---|
Tangible Assets | |||||||
Intangible Assets | |||||||
Investments & Other | |||||||
Debtors (Due After 1 year) | |||||||
Total Fixed Assets | |||||||
Stock & work in progress | 19,353,694 | 14,438,983 | 9,868,560 | 8,186,340 | |||
Trade Debtors | 606,900 | ||||||
Group Debtors | 230,413 | 190,000 | 1,150,000 | 30,000 | |||
Misc Debtors | 44,598 | 455,611 | 1,728,680 | 201,214 | 11,849 | 109,450 | 69,999 |
Cash | 1,893 | 398,539 | 72,901 | 39,106 | 8,149 | 8,299 | 445,751 |
misc current assets | |||||||
total current assets | 276,904 | 1,044,150 | 2,951,581 | 20,200,914 | 14,488,981 | 9,986,309 | 8,702,090 |
total assets | 276,904 | 1,044,150 | 2,951,581 | 20,200,914 | 14,488,981 | 9,986,309 | 8,702,090 |
Bank overdraft | |||||||
Bank loan | |||||||
Trade Creditors | 1,699 | 8,736 | 25,698 | 3,452 | 4,984 | 78,575 | 248,879 |
Group/Directors Accounts | 130,000 | 730,000 | |||||
other short term finances | |||||||
hp & lease commitments | |||||||
other current liabilities | 369,324 | 1,035,303 | 1,925,772 | 1,100,161 | 474,743 | 31,463 | 71,666 |
total current liabilities | 501,023 | 1,044,039 | 1,951,470 | 1,833,613 | 479,727 | 110,038 | 320,545 |
loans | 18,500,000 | 14,139,296 | 10,000,000 | 8,465,000 | |||
hp & lease commitments | |||||||
Accruals and Deferred Income | |||||||
other liabilities | |||||||
provisions | |||||||
total long term liabilities | 18,500,000 | 14,139,296 | 10,000,000 | 8,465,000 | |||
total liabilities | 501,023 | 1,044,039 | 1,951,470 | 20,333,613 | 14,619,023 | 10,110,038 | 8,785,545 |
net assets | -224,119 | 111 | 1,000,111 | -132,699 | -130,042 | -123,729 | -83,455 |
total shareholders funds | -224,119 | 111 | 1,000,111 | -132,699 | -130,042 | -123,729 | -83,455 |
Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | |||||||
Amortisation | |||||||
Tax | |||||||
Stock | -14,438,983 | 4,914,711 | 4,570,423 | 1,682,220 | 8,186,340 | ||
Debtors | -370,600 | -2,233,069 | 2,836,831 | 766,265 | -67,601 | 39,451 | 69,999 |
Creditors | -7,037 | -16,962 | 20,714 | -1,532 | -73,591 | -170,304 | 248,879 |
Accruals and Deferred Income | -665,979 | -890,469 | 1,451,029 | 625,418 | 443,280 | -40,203 | 71,666 |
Deferred Taxes & Provisions | |||||||
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | |||||||
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | |||||||
Group/Directors Accounts | 130,000 | 730,000 | |||||
Other Short Term Loans | |||||||
Long term loans | -14,139,296 | 4,360,704 | 4,139,296 | 1,535,000 | 8,465,000 | ||
Hire Purchase and Lease Commitments | |||||||
other long term liabilities | |||||||
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | -396,646 | 325,638 | 64,752 | 30,957 | -150 | -437,452 | 445,751 |
overdraft | |||||||
change in cash | -396,646 | 325,638 | 64,752 | 30,957 | -150 | -437,452 | 445,751 |
vabel construction 2 ltd Credit Report and Business Information
Vabel Construction 2 Ltd Competitor Analysis

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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jeremy Spencer | England | 43 years | Jan 2017 | - | Director |
Mr Daniel Baliti | England | 43 years | Nov 2017 | - | Director |
Dr Zoe Fox | England | 48 years | Nov 2017 | - | Director |
Mr Anthony Alexander | England | 38 years | Oct 2018 | - | Director |
P&L
December 2023turnover
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 2023net 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
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
date | description | view/download |
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