virtual reality jam limited

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virtual reality jam limited Company Information

Share VIRTUAL REALITY JAM LIMITED

Company Number

11061334

Shareholders

samuel speaight

timeaware vof

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Group Structure

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Industry

Ready-made interactive leisure and entertainment software development

 

Registered Address

hoxton mix c/o live industry, 86 - 90 paul st, london, EC2A 4NE

virtual reality jam limited Estimated Valuation

£218.2k

Pomanda estimates the enterprise value of VIRTUAL REALITY JAM LIMITED at £218.2k based on a Turnover of £463.6k and 0.47x industry multiple (adjusted for size and gross margin).

virtual reality jam limited Estimated Valuation

£434.8k

Pomanda estimates the enterprise value of VIRTUAL REALITY JAM LIMITED at £434.8k based on an EBITDA of £158.5k and a 2.74x industry multiple (adjusted for size and gross margin).

virtual reality jam limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VIRTUAL REALITY JAM LIMITED at £0 based on Net Assets of £-681k and 2.16x industry multiple (adjusted for liquidity).

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Virtual Reality Jam Limited Overview

Virtual Reality Jam Limited is a live company located in london, EC2A 4NE with a Companies House number of 11061334. It operates in the ready-made interactive leisure and entertainment software development sector, SIC Code 62011. Founded in November 2017, it's largest shareholder is samuel speaight with a 73.8% stake. Virtual Reality Jam Limited is a young, micro sized company, Pomanda has estimated its turnover at £463.6k with declining growth in recent years.

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Virtual Reality Jam Limited Health Check

Pomanda's financial health check has awarded Virtual Reality Jam Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £463.6k, make it smaller than the average company (£7.2m)

£463.6k - Virtual Reality Jam Limited

£7.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -44%, show it is growing at a slower rate (11.5%)

-44% - Virtual Reality Jam Limited

11.5% - Industry AVG

production

Production

with a gross margin of 18.3%, this company has a higher cost of product (55.4%)

18.3% - Virtual Reality Jam Limited

55.4% - Industry AVG

profitability

Profitability

an operating margin of 34.2% make it more profitable than the average company (3.6%)

34.2% - Virtual Reality Jam Limited

3.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (37)

1 - Virtual Reality Jam Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.2k, the company has an equivalent pay structure (£60.2k)

£60.2k - Virtual Reality Jam Limited

£60.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £463.6k, this is more efficient (£156.4k)

£463.6k - Virtual Reality Jam Limited

£156.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is earlier than average (46 days)

10 days - Virtual Reality Jam Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 674 days, this is slower than average (16 days)

674 days - Virtual Reality Jam Limited

16 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Virtual Reality Jam Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Virtual Reality Jam Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1850.3%, this is a higher level of debt than the average (48.6%)

1850.3% - Virtual Reality Jam Limited

48.6% - Industry AVG

VIRTUAL REALITY JAM LIMITED financials

EXPORTms excel logo

Virtual Reality Jam Limited's latest turnover from April 2024 is estimated at £463.6 thousand and the company has net assets of -£681 thousand. According to their latest financial statements, Virtual Reality Jam Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Aug 2022Feb 2022Aug 2021Feb 2021Oct 2020Nov 2019Nov 2018
Turnover463,602944,1551,053,243668,5002,617,801673,322152,64978,27639,905
Other Income Or Grants
Cost Of Sales378,857716,111818,936529,4902,046,279514,078117,63361,65230,353
Gross Profit84,745228,044234,307139,010571,521159,24435,01516,6249,552
Admin Expenses-73,750667,477434,435237,435664,439252,16282,19041,8473,379
Operating Profit158,495-439,433-200,128-98,425-92,918-92,918-47,175-25,2236,173
Interest Payable
Interest Receivable
Pre-Tax Profit158,495-439,433-200,128-98,425-92,918-92,918-47,175-25,2236,173
Tax-39,624-1,173
Profit After Tax118,871-439,433-200,128-98,425-92,918-92,918-47,175-25,2235,000
Dividends Paid
Retained Profit118,871-439,433-200,128-98,425-92,918-92,918-47,175-25,2235,000
Employee Costs60,163246,831406,588295,3913,854,64753,08651,97952,30949,050
Number Of Employees1475711111
EBITDA*158,495-439,433-200,128-98,425-92,918-92,918-47,175-25,2236,173

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Aug 2022Feb 2022Aug 2021Feb 2021Oct 2020Nov 2019Nov 2018
Tangible Assets25,91828,43633,91914,074605605258
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets25,91828,43633,91914,074605605258
Stock & work in progress
Trade Debtors12,989259,397235,160149,435248,108248,10831,06818,2045,000
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets12,989259,397235,160149,435248,108248,10831,06818,2045,000
total assets38,907287,833269,079163,509248,713248,71331,32618,2045,000
Bank overdraft
Bank loan
Trade Creditors 699,783826,106606,213413,450187,795187,79598,72438,427
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities221,234221,234
total current liabilities699,783826,106606,213413,450409,029409,02998,72438,427
loans
hp & lease commitments
Accruals and Deferred Income20,13020,13020,1303,750
other liabilities2,7803,1805,050
provisions238,694
total long term liabilities20,130261,60423,3108,800
total liabilities719,9131,087,710629,523422,250409,029409,02998,72438,427
net assets-681,006-799,877-360,444-258,741-160,316-160,316-67,398-20,2235,000
total shareholders funds-681,006-799,877-360,444-258,741-160,316-160,316-67,398-20,2235,000
Apr 2024Apr 2023Aug 2022Feb 2022Aug 2021Feb 2021Oct 2020Nov 2019Nov 2018
Operating Activities
Operating Profit158,495-439,433-200,128-98,425-92,918-92,918-47,175-25,2236,173
Depreciation
Amortisation
Tax-39,624-1,173
Stock
Debtors-246,40824,237-12,948-98,673217,040217,04012,86413,2045,000
Creditors-126,323219,893418,418225,65589,07189,07160,29738,427
Accruals and Deferred Income-201,104-217,484221,234221,234
Deferred Taxes & Provisions-238,694238,694
Cash flow from operations262-5,08330,1348,419347347258
Investing Activities
capital expenditure2,5185,483-33,314-13,469-347-347-258
Change in Investments
cash flow from investments2,5185,483-33,314-13,469-347-347-258
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-2,780-4003,1805,050
share issue
interest
cash flow from financing-2,780-4003,1805,050
cash and cash equivalents
cash
overdraft
change in cash

virtual reality jam limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Virtual Reality Jam Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for virtual reality jam limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC2A area or any other competitors across 12 key performance metrics.

virtual reality jam limited Ownership

VIRTUAL REALITY JAM LIMITED group structure

Virtual Reality Jam Limited has no subsidiary companies.

Ultimate parent company

VIRTUAL REALITY JAM LIMITED

11061334

VIRTUAL REALITY JAM LIMITED Shareholders

samuel speaight 73.78%
timeaware vof 20%
oliver rankin 5%
brendan mannion 0.5%
justin metz 0.5%
daisy stapley-bunten 0.19%
mary perry 0.03%

virtual reality jam limited directors

Virtual Reality Jam Limited currently has 1 director, Mr Samuel Speaight serving since Nov 2017.

officercountryagestartendrole
Mr Samuel SpeaightUnited Kingdom47 years Nov 2017- Director

P&L

April 2024

turnover

463.6k

-51%

operating profit

158.5k

0%

gross margin

18.3%

-24.32%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

-681k

-0.15%

total assets

38.9k

-0.86%

cash

0

0%

net assets

Total assets minus all liabilities

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virtual reality jam limited company details

company number

11061334

Type

Private limited with Share Capital

industry

62011 - Ready-made interactive leisure and entertainment software development

incorporation date

November 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

KEY BUSINESS CONSULTANTS LLP

auditor

-

address

hoxton mix c/o live industry, 86 - 90 paul st, london, EC2A 4NE

Bank

-

Legal Advisor

-

virtual reality jam 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 1 charges/mortgages relating to virtual reality jam limited. Currently there are 0 open charges and 1 have been satisfied in the past.

virtual reality jam 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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virtual reality jam limited Companies House Filings - See Documents

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