versine electrical limited
versine electrical limited Company Information
Company Number
10733150
Next Accounts
Jan 2025
Industry
Engineering related scientific and technical consulting activities
Directors
Shareholders
john evans
jacqueline ann evans
View AllGroup Structure
View All
Contact
Registered Address
willis cooper chartered accounta, unit 6 heritage business centre, belper, derbyshire, DE56 1SW
Website
-versine electrical limited Estimated Valuation
Pomanda estimates the enterprise value of VERSINE ELECTRICAL LIMITED at £51.1k based on a Turnover of £110.1k and 0.46x industry multiple (adjusted for size and gross margin).
versine electrical limited Estimated Valuation
Pomanda estimates the enterprise value of VERSINE ELECTRICAL LIMITED at £0 based on an EBITDA of £-16.4k and a 3.78x industry multiple (adjusted for size and gross margin).
versine electrical limited Estimated Valuation
Pomanda estimates the enterprise value of VERSINE ELECTRICAL LIMITED at £0 based on Net Assets of £-15.1k and 2.44x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Versine Electrical Limited Overview
Versine Electrical Limited is a live company located in belper, DE56 1SW with a Companies House number of 10733150. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in April 2017, it's largest shareholder is john evans with a 60% stake. Versine Electrical Limited is a young, micro sized company, Pomanda has estimated its turnover at £110.1k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Versine Electrical Limited Health Check
Pomanda's financial health check has awarded Versine Electrical Limited 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 £110.1k, make it smaller than the average company (£543.4k)
- Versine Electrical Limited
£543.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.5%)
- Versine Electrical Limited
4.5% - Industry AVG
Production
with a gross margin of 22.7%, this company has a higher cost of product (37.2%)
- Versine Electrical Limited
37.2% - Industry AVG
Profitability
an operating margin of -14.9% make it less profitable than the average company (6.8%)
- Versine Electrical Limited
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
2 - Versine Electrical Limited
8 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Versine Electrical Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £55.1k, this is less efficient (£93.4k)
- Versine Electrical Limited
£93.4k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is near the average (75 days)
- Versine Electrical Limited
75 days - Industry AVG
Creditor Days
its suppliers are paid after 171 days, this is slower than average (27 days)
- Versine Electrical Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Versine Electrical Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Versine Electrical Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 156.1%, this is a higher level of debt than the average (56.6%)
156.1% - Versine Electrical Limited
56.6% - Industry AVG
VERSINE ELECTRICAL LIMITED financials
Versine Electrical Limited's latest turnover from April 2023 is estimated at £110.1 thousand and the company has net assets of -£15.1 thousand. According to their latest financial statements, Versine Electrical Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 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 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 8,462 | 11,283 | 16,679 | 22,238 | 4,008 | 4,725 |
| 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 | 8,462 | 11,283 | 16,679 | 22,238 | 4,008 | 4,725 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 18,426 | 27,735 | 15,080 | 5,884 | 1,893 | 189 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 9,365 | 5,886 | 3,139 | 1,773 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,426 | 27,735 | 24,445 | 11,770 | 5,032 | 1,962 |
| total assets | 26,888 | 39,018 | 41,124 | 34,008 | 9,040 | 6,687 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 40,070 | 36,714 | 37,609 | 48,915 | 24,833 | 16,418 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 40,070 | 36,714 | 37,609 | 48,915 | 24,833 | 16,418 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,910 | 960 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,910 | 960 | 0 | 0 | 0 | 0 |
| total liabilities | 41,980 | 37,674 | 37,609 | 48,915 | 24,833 | 16,418 |
| net assets | -15,092 | 1,344 | 3,515 | -14,907 | -15,793 | -9,731 |
| total shareholders funds | -15,092 | 1,344 | 3,515 | -14,907 | -15,793 | -9,731 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 5,559 | 5,439 | 1,337 | 1,575 | ||
| Amortisation | 0 | 0 | 0 | 0 | ||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -9,309 | 12,655 | 9,196 | 3,991 | 1,704 | 189 |
| Creditors | 3,356 | -895 | -11,306 | 24,082 | 8,415 | 16,418 |
| Accruals and Deferred Income | 950 | 960 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 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 | 0 | -9,365 | 3,479 | 2,747 | 1,366 | 1,773 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -9,365 | 3,479 | 2,747 | 1,366 | 1,773 |
versine electrical limited Credit Report and Business Information
Versine Electrical Limited Competitor Analysis
Perform a competitor analysis for versine electrical limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in DE56 area or any other competitors across 12 key performance metrics.
versine electrical limited Ownership
VERSINE ELECTRICAL LIMITED group structure
Versine Electrical Limited has no subsidiary companies.
Ultimate parent company
VERSINE ELECTRICAL LIMITED
10733150
versine electrical limited directors
Versine Electrical Limited currently has 1 director, Mr John Evans serving since Apr 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Evans | England | 59 years | Apr 2017 | - | Director |
P&L
April 2023turnover
110.1k
+4%
operating profit
-16.4k
0%
gross margin
22.7%
-5.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-15.1k
-12.23%
total assets
26.9k
-0.31%
cash
0
0%
net assets
Total assets minus all liabilities
versine electrical limited company details
company number
10733150
Type
Private limited with Share Capital
industry
71122 - Engineering related scientific and technical consulting activities
incorporation date
April 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
willis cooper chartered accounta, unit 6 heritage business centre, belper, derbyshire, DE56 1SW
Bank
-
Legal Advisor
-
versine electrical 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 versine electrical limited.
versine electrical 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 VERSINE ELECTRICAL LIMITED. This can take several minutes, an email will notify you when this has completed.
versine electrical limited Companies House Filings - See Documents
| date | description | view/download |
|---|
