vg retail ltd
vg retail ltd Company Information
Company Number
10966348
Next Accounts
479 days late
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Directors
Shareholders
vipin gupta
Group Structure
View All
Contact
Registered Address
269 church street, blackpool, lancashire, FY1 3PB
Website
-vg retail ltd Estimated Valuation
Pomanda estimates the enterprise value of VG RETAIL LTD at £168.8k based on a Turnover of £586.9k and 0.29x industry multiple (adjusted for size and gross margin).
vg retail ltd Estimated Valuation
Pomanda estimates the enterprise value of VG RETAIL LTD at £2.7k based on an EBITDA of £783 and a 3.4x industry multiple (adjusted for size and gross margin).
vg retail ltd Estimated Valuation
Pomanda estimates the enterprise value of VG RETAIL LTD at £0 based on Net Assets of £-4k and 2.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vg Retail Ltd Overview
Vg Retail Ltd is a live company located in lancashire, FY1 3PB with a Companies House number of 10966348. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in September 2017, it's largest shareholder is vipin gupta with a 100% stake. Vg Retail Ltd is a young, small sized company, Pomanda has estimated its turnover at £586.9k with high growth in recent years.
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Vg Retail Ltd Health Check
Pomanda's financial health check has awarded Vg Retail Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £586.9k, make it smaller than the average company (£944.4k)
- Vg Retail Ltd
£944.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (1.9%)
- Vg Retail Ltd
1.9% - Industry AVG
Production
with a gross margin of 22.3%, this company has a comparable cost of product (22.3%)
- Vg Retail Ltd
22.3% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (3.6%)
- Vg Retail Ltd
3.6% - Industry AVG
Employees
with 8 employees, this is below the industry average (14)
8 - Vg Retail Ltd
14 - Industry AVG
Pay Structure
on an average salary of £14.6k, the company has an equivalent pay structure (£14.6k)
- Vg Retail Ltd
£14.6k - Industry AVG
Efficiency
resulting in sales per employee of £73.4k, this is less efficient (£110k)
- Vg Retail Ltd
£110k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (7 days)
- Vg Retail Ltd
7 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Vg Retail Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vg Retail Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 103 weeks, this is more cash available to meet short term requirements (24 weeks)
103 weeks - Vg Retail Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.9%, this is a higher level of debt than the average (68.4%)
106.9% - Vg Retail Ltd
68.4% - Industry AVG
VG RETAIL LTD financials
Vg Retail Ltd's latest turnover from October 2021 is estimated at £586.9 thousand and the company has net assets of -£4 thousand. According to their latest financial statements, Vg Retail Ltd has 8 employees and maintains cash reserves of £26.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 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 | 8 | 10 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 12,111 | 5,364 | 6,560 |
| Intangible Assets | 30,000 | 30,000 | 30,000 | 30,000 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 30,000 | 42,111 | 35,364 | 36,560 |
| Stock & work in progress | 0 | 37,969 | 37,771 | 38,120 |
| Trade Debtors | 1,200 | 4,941 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 82 | 75 | 73 |
| Cash | 26,495 | 45,563 | 9,588 | 8,723 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 27,695 | 88,555 | 47,434 | 46,916 |
| total assets | 57,695 | 130,666 | 82,798 | 83,476 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 2,356 | 8,625 | 22,066 |
| Group/Directors Accounts | 0 | 0 | 0 | 56,286 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 13,317 | 15,120 | 73,593 | 3,528 |
| total current liabilities | 13,317 | 17,476 | 82,218 | 81,880 |
| loans | 48,331 | 100,000 | 0 | 0 |
| hp & lease commitments | 0 | 11,146 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 48,331 | 111,146 | 0 | 0 |
| total liabilities | 61,648 | 128,622 | 82,218 | 81,880 |
| net assets | -3,953 | 2,044 | 580 | 1,596 |
| total shareholders funds | -3,953 | 2,044 | 580 | 1,596 |
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 2,292 | 3,028 | 1,341 | 1,640 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | -37,969 | 198 | -349 | 38,120 |
| Debtors | -3,823 | 4,948 | 2 | 73 |
| Creditors | -2,356 | -6,269 | -13,441 | 22,066 |
| Accruals and Deferred Income | -1,803 | -58,473 | 70,065 | 3,528 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -56,286 | 56,286 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -51,669 | 100,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | -11,146 | 11,146 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -19,068 | 35,975 | 865 | 8,723 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -19,068 | 35,975 | 865 | 8,723 |
vg retail ltd Credit Report and Business Information
Vg Retail Ltd Competitor Analysis
Perform a competitor analysis for vg retail ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in FY1 area or any other competitors across 12 key performance metrics.
vg retail ltd Ownership
VG RETAIL LTD group structure
Vg Retail Ltd has no subsidiary companies.
Ultimate parent company
VG RETAIL LTD
10966348
vg retail ltd directors
Vg Retail Ltd currently has 1 director, Mr Vipin Gupta serving since Sep 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Vipin Gupta | United Kingdom | 39 years | Sep 2017 | - | Director |
P&L
October 2021turnover
586.9k
+18%
operating profit
-1.5k
0%
gross margin
22.3%
-0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2021net assets
-4k
-2.93%
total assets
57.7k
-0.56%
cash
26.5k
-0.42%
net assets
Total assets minus all liabilities
vg retail ltd company details
company number
10966348
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2021
previous names
N/A
accountant
STERLING ACCOUNTING SERVICES LIMITED
auditor
-
address
269 church street, blackpool, lancashire, FY1 3PB
Bank
-
Legal Advisor
-
vg retail 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 vg retail ltd.
vg retail ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
