vibe financial services ltd
vibe financial services ltd Company Information
Company Number
10979822
Website
vibefinance.co.ukRegistered Address
h4 daedalus park daedalus drive, lee-on-the-solent, PO13 9FX
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Directors
Kim McGinley6 Years
Shareholders
kim mcginley 83.3%
jonathan mcginley 16.7%
vibe financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of VIBE FINANCIAL SERVICES LTD at £459.5k based on a Turnover of £503.3k and 0.91x industry multiple (adjusted for size and gross margin).
vibe financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of VIBE FINANCIAL SERVICES LTD at £14.7k based on an EBITDA of £4k and a 3.67x industry multiple (adjusted for size and gross margin).
vibe financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of VIBE FINANCIAL SERVICES LTD at £31.6k based on Net Assets of £15.7k and 2.01x industry multiple (adjusted for liquidity).
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Vibe Financial Services Ltd Overview
Vibe Financial Services Ltd is a live company located in lee-on-the-solent, PO13 9FX with a Companies House number of 10979822. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in September 2017, it's largest shareholder is kim mcginley with a 83.3% stake. Vibe Financial Services Ltd is a young, small sized company, Pomanda has estimated its turnover at £503.3k with high growth in recent years.
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Vibe Financial Services Ltd Health Check
Pomanda's financial health check has awarded Vibe Financial Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £503.3k, make it smaller than the average company (£4.4m)
- Vibe Financial Services Ltd
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (4.3%)
- Vibe Financial Services Ltd
4.3% - Industry AVG
Production
with a gross margin of 20.2%, this company has a higher cost of product (59.8%)
- Vibe Financial Services Ltd
59.8% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (10.3%)
- Vibe Financial Services Ltd
10.3% - Industry AVG
Employees
with 7 employees, this is below the industry average (14)
7 - Vibe Financial Services Ltd
14 - Industry AVG
Pay Structure
on an average salary of £76.2k, the company has an equivalent pay structure (£76.2k)
- Vibe Financial Services Ltd
£76.2k - Industry AVG
Efficiency
resulting in sales per employee of £71.9k, this is less efficient (£211.3k)
- Vibe Financial Services Ltd
£211.3k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (30 days)
- Vibe Financial Services Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (37 days)
- Vibe Financial Services Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vibe Financial Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Vibe Financial Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (57.5%)
85.3% - Vibe Financial Services Ltd
57.5% - Industry AVG
VIBE FINANCIAL SERVICES LTD financials
Vibe Financial Services Ltd's latest turnover from September 2023 is estimated at £503.3 thousand and the company has net assets of £15.7 thousand. According to their latest financial statements, Vibe Financial Services Ltd has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 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 | 7 | 7 | 5 | 4 | 3 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 10,796 | 10,349 | 10,807 | 9,461 | 6,705 | 1,966 |
| 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 | 10,796 | 10,349 | 10,807 | 9,461 | 6,705 | 1,966 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 93,166 | 72,877 | 83,732 | 61,056 | 9,470 | 268 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,796 | 2,796 | 400 | 400 | 9,673 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 400 | 0 |
| total current assets | 95,962 | 75,673 | 84,132 | 61,456 | 19,543 | 268 |
| total assets | 106,758 | 86,022 | 94,939 | 70,917 | 26,248 | 2,234 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 59,493 | 35,870 | 43,556 | 15,001 | 24,961 | 10,462 |
| 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 | 59,493 | 35,870 | 43,556 | 15,001 | 24,961 | 10,462 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 840 | 840 | 840 | 840 | 840 | 5,052 |
| other liabilities | 30,686 | 36,569 | 45,000 | 50,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 31,526 | 37,409 | 45,840 | 50,840 | 840 | 5,052 |
| total liabilities | 91,019 | 73,279 | 89,396 | 65,841 | 25,801 | 15,514 |
| net assets | 15,739 | 12,743 | 5,543 | 5,076 | 447 | -13,280 |
| total shareholders funds | 15,739 | 12,743 | 5,543 | 5,076 | 447 | -13,280 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 20,289 | -8,459 | 22,676 | 42,313 | 18,875 | 268 |
| Creditors | 23,623 | -7,686 | 28,555 | -9,960 | 14,499 | 10,462 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -4,212 | 5,052 |
| 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 | -5,883 | -8,431 | -5,000 | 50,000 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
vibe financial services ltd Credit Report and Business Information
Vibe Financial Services Ltd Competitor Analysis
Perform a competitor analysis for vibe financial services ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in PO13 area or any other competitors across 12 key performance metrics.
vibe financial services ltd Ownership
VIBE FINANCIAL SERVICES LTD group structure
Vibe Financial Services Ltd has no subsidiary companies.
Ultimate parent company
VIBE FINANCIAL SERVICES LTD
10979822
vibe financial services ltd directors
Vibe Financial Services Ltd currently has 1 director, Mrs Kim McGinley serving since Jan 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Kim McGinley | United Kingdom | 39 years | Jan 2018 | - | Director |
P&L
September 2023turnover
503.3k
+13%
operating profit
4k
0%
gross margin
20.3%
-16.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
15.7k
+0.24%
total assets
106.8k
+0.24%
cash
0
0%
net assets
Total assets minus all liabilities
vibe financial services ltd company details
company number
10979822
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
COASTAL ACCOUNTANTS LTD
auditor
-
address
h4 daedalus park daedalus drive, lee-on-the-solent, PO13 9FX
Bank
-
Legal Advisor
-
vibe financial services 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 vibe financial services ltd.
vibe financial services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
