Pomanda estimates the enterprise value of VS LABS LIMITED at £1.1m based on a Turnover of £1.5m and 0.75x industry multiple (adjusted for size and gross margin).
vs labs limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of VS LABS LIMITED at £0 based on an EBITDA of £-506.4k and a 5.08x industry multiple (adjusted for size and gross margin).
vs labs limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of VS LABS LIMITED at £0 based on Net Assets of £-4.8m and 2.25x industry multiple (adjusted for liquidity).
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Vs Labs LimitedOverview
Vs Labs Limited is a live company located in london, EC2R 6PJ with a Companies House number of 11000361. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2017, it's largest shareholder is
validsoft limited
with a 100% stake. Vs Labs Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Vs Labs Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£7.4m)
£1.5m - Vs Labs Limited
£7.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (8%)
10% - Vs Labs Limited
8% - Industry AVG
Production
with a gross margin of 51.7%, this company has a comparable cost of product (51.7%)
51.7% - Vs Labs Limited
51.7% - Industry AVG
Profitability
an operating margin of -34.2% make it less profitable than the average company (3.5%)
-34.2% - Vs Labs Limited
3.5% - Industry AVG
Employees
with 11 employees, this is below the industry average (43)
11 - Vs Labs Limited
43 - Industry AVG
Pay Structure
on an average salary of £74.4k, the company has an equivalent pay structure (£74.4k)
£74.4k - Vs Labs Limited
£74.4k - Industry AVG
Efficiency
resulting in sales per employee of £134.6k, this is less efficient (£178.1k)
£134.6k - Vs Labs Limited
£178.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Vs Labs Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (33 days)
49 days - Vs Labs Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Vs Labs Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Vs Labs Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 722.4%, this is a higher level of debt than the average (64.7%)
722.4% - Vs Labs Limited
64.7% - Industry AVG
VS LABS LIMITED financials
EXPORT
Vs Labs Limited's latest turnover from December 2023 is estimated at £1.5 million and the company has net assets of -£4.8 million. According to their latest financial statements, Vs Labs Limited has 11 employees and maintains cash reserves of £9.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Turnover
1,480,487
1,619,938
766,373
1,117,623
1,033,851
2,588,164
Other Income Or Grants
Cost Of Sales
715,059
768,171
362,756
535,018
496,090
1,218,882
Gross Profit
765,429
851,768
403,618
582,606
537,760
1,369,281
Admin Expenses
1,271,861
1,617,315
1,398,887
870,492
859,747
2,026,578
Operating Profit
-506,432
-765,547
-995,269
-287,886
-321,987
-657,297
Interest Payable
565,395
378,475
169,242
96,711
34,392
Interest Receivable
3,211
3,712
191
29
85
70
Pre-Tax Profit
-1,068,616
-1,140,310
-1,164,320
-384,569
-356,294
-657,227
Tax
Profit After Tax
-1,068,616
-1,140,310
-1,164,320
-384,569
-356,294
-657,227
Dividends Paid
Retained Profit
-1,068,616
-1,140,310
-1,164,320
-384,569
-356,294
-657,227
Employee Costs
817,887
845,556
808,211
632,173
554,149
541,147
Number Of Employees
11
12
12
10
9
9
EBITDA*
-506,432
-765,547
-995,269
-287,886
-321,987
-657,297
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
Intangible Assets
Investments & Other
100
100
Debtors (Due After 1 year)
Total Fixed Assets
100
100
Stock & work in progress
Trade Debtors
339
674,183
Group Debtors
511,112
696,700
465,500
623,870
161,509
186,769
Misc Debtors
245,375
405,523
358,626
157,181
138,755
171,659
Cash
9,852
112,463
99,654
53,139
4,118
18,552
misc current assets
total current assets
766,339
1,214,686
924,119
834,190
304,382
1,051,163
total assets
766,439
1,214,786
924,119
834,190
304,382
1,051,163
Bank overdraft
Bank loan
Trade Creditors
97,642
150,327
151,483
34,638
48,203
29,528
Group/Directors Accounts
1,046,646
other short term finances
hp & lease commitments
other current liabilities
91,640
62,214
70,114
44,816
249,664
631,216
total current liabilities
189,282
212,541
221,597
79,454
297,867
1,707,390
loans
5,347,493
4,703,965
3,263,932
2,151,826
1,019,036
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
5,347,493
4,703,965
3,263,932
2,151,826
1,019,036
total liabilities
5,536,775
4,916,506
3,485,529
2,231,280
1,316,903
1,707,390
net assets
-4,770,336
-3,701,720
-2,561,410
-1,397,090
-1,012,521
-656,227
total shareholders funds
-4,770,336
-3,701,720
-2,561,410
-1,397,090
-1,012,521
-656,227
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
-506,432
-765,547
-995,269
-287,886
-321,987
-657,297
Depreciation
Amortisation
Tax
Stock
Debtors
-345,736
277,758
43,414
480,787
-732,347
1,032,611
Creditors
-52,685
-1,156
116,845
-13,565
18,675
29,528
Accruals and Deferred Income
29,426
-7,900
25,298
-204,848
-381,552
631,216
Deferred Taxes & Provisions
Cash flow from operations
-183,955
-1,052,361
-896,540
-987,086
47,483
-1,029,164
Investing Activities
capital expenditure
Change in Investments
100
cash flow from investments
-100
Financing Activities
Bank loans
Group/Directors Accounts
-1,046,646
1,046,646
Other Short Term Loans
Long term loans
643,528
1,440,033
1,112,106
1,132,790
1,019,036
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,000
interest
-562,184
-374,763
-169,051
-96,682
-34,307
70
cash flow from financing
81,344
1,065,270
943,055
1,036,108
-61,917
1,047,716
cash and cash equivalents
cash
-102,611
12,809
46,515
49,021
-14,434
18,552
overdraft
change in cash
-102,611
12,809
46,515
49,021
-14,434
18,552
vs labs limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for vs labs limited. Get real-time insights into vs labs limited's credit score, group structure and payment trends.
Perform a competitor analysis for vs labs limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC2R area or any other competitors across 12 key performance metrics.
62090 - Other information technology and computer service activities
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
VSFT HOLDINGS INC
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
AEL MARKHAMS LTD
auditor
-
address
30 moorgate, london, EC2R 6PJ
Bank
-
Legal Advisor
-
vs labs 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 found 2 charges/mortgages relating to vs labs limited. Currently there are 1 open charges and 1 have been satisfied in the past.
vs labs 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.
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vs labs limitedCompanies House Filings - See Documents
