veda design systems ltd
veda design systems ltd Company Information
Company Number
11143138
Website
https://www.veritable.comRegistered Address
4th floor radius house, 51 clarendon road, watford, hertfordshire, WD17 1HP
Industry
Computer consultancy activities
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Prabhat Varma6 Years
Shareholders
prabhat varma 100%
veda design systems ltd Estimated Valuation
Pomanda estimates the enterprise value of VEDA DESIGN SYSTEMS LTD at £13.3k based on a Turnover of £25.3k and 0.53x industry multiple (adjusted for size and gross margin).
veda design systems ltd Estimated Valuation
Pomanda estimates the enterprise value of VEDA DESIGN SYSTEMS LTD at £0 based on an EBITDA of £-19.6k and a 3.78x industry multiple (adjusted for size and gross margin).
veda design systems ltd Estimated Valuation
Pomanda estimates the enterprise value of VEDA DESIGN SYSTEMS LTD at £2 based on Net Assets of £1 and 2.25x industry multiple (adjusted for liquidity).
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Veda Design Systems Ltd Overview
Veda Design Systems Ltd is a dissolved company that was located in watford, WD17 1HP with a Companies House number of 11143138. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in January 2018, it's largest shareholder was prabhat varma with a 100% stake. The last turnover for Veda Design Systems Ltd was estimated at £25.3k.
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Veda Design Systems Ltd Health Check
Pomanda's financial health check has awarded Veda Design Systems 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 £25.3k, make it smaller than the average company (£739k)
- Veda Design Systems Ltd
£739k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.4%)
- Veda Design Systems Ltd
5.4% - Industry AVG
Production
with a gross margin of 26.5%, this company has a higher cost of product (49.3%)
- Veda Design Systems Ltd
49.3% - Industry AVG
Profitability
an operating margin of -77.7% make it less profitable than the average company (7.5%)
- Veda Design Systems Ltd
7.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - Veda Design Systems Ltd
8 - Industry AVG
Pay Structure
on an average salary of £53.4k, the company has an equivalent pay structure (£53.4k)
- Veda Design Systems Ltd
£53.4k - Industry AVG
Efficiency
resulting in sales per employee of £25.3k, this is less efficient (£122.1k)
- Veda Design Systems Ltd
£122.1k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (66 days)
- Veda Design Systems Ltd
66 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is slower than average (30 days)
- Veda Design Systems Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Veda Design Systems Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Veda Design Systems Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (57.4%)
100% - Veda Design Systems Ltd
57.4% - Industry AVG
VEDA DESIGN SYSTEMS LTD financials
Veda Design Systems Ltd's latest turnover from May 2023 is estimated at £25.3 thousand and the company has net assets of £1. According to their latest financial statements, Veda Design Systems Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 267 | 650 | 0 | 170 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 267 | 650 | 0 | 170 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,023 | 25,375 | 44,416 | 409 | 3,636 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 4,553 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,023 | 25,375 | 44,416 | 409 | 8,189 |
| total assets | 2,023 | 25,642 | 45,066 | 409 | 8,359 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,022 | 5,997 | 20,705 | 8,234 | 8,173 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,022 | 5,997 | 20,705 | 8,234 | 8,173 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,022 | 5,997 | 20,705 | 8,234 | 8,173 |
| net assets | 1 | 19,645 | 24,361 | -7,825 | 186 |
| total shareholders funds | 1 | 19,645 | 24,361 | -7,825 | 186 |
| May 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -23,352 | -19,041 | 44,007 | -7,780 | 8,189 |
| Creditors | -3,975 | -14,708 | 12,471 | 61 | 8,173 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
veda design systems ltd Credit Report and Business Information
Veda Design Systems Ltd Competitor Analysis
Perform a competitor analysis for veda design systems ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in WD17 area or any other competitors across 12 key performance metrics.
veda design systems ltd Ownership
VEDA DESIGN SYSTEMS LTD group structure
Veda Design Systems Ltd has no subsidiary companies.
Ultimate parent company
VEDA DESIGN SYSTEMS LTD
11143138
veda design systems ltd directors
Veda Design Systems Ltd currently has 1 director, Mr Prabhat Varma serving since Jan 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Prabhat Varma | United Kingdom | 67 years | Jan 2018 | - | Director |
P&L
May 2023turnover
25.3k
-58%
operating profit
-19.6k
0%
gross margin
26.5%
-4.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1
-1%
total assets
2k
-0.92%
cash
0
0%
net assets
Total assets minus all liabilities
veda design systems ltd company details
company number
11143138
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
January 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
JSA SERVICES LIMITED
auditor
-
address
4th floor radius house, 51 clarendon road, watford, hertfordshire, WD17 1HP
Bank
-
Legal Advisor
-
veda design systems 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 veda design systems ltd.
veda design systems ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
