real vr limited
real vr limited Company Information
Company Number
11168601
Website
https://realvrltd.co.ukRegistered Address
suite a 1st floor, midas house, 62 goldsworth road, woking, surrey, GU21 6LQ
Industry
Other amusement and recreation activities
Telephone
-
Next Accounts Due
43 days late
Group Structure
View All
Directors
John Lilley6 Years
Shareholders
tt nominees limited 31.7%
european consulting advisors s.l. 9.1%
View Allreal vr limited Estimated Valuation
Pomanda estimates the enterprise value of REAL VR LIMITED at £1.6m based on a Turnover of £1.7m and 0.95x industry multiple (adjusted for size and gross margin).
real vr limited Estimated Valuation
Pomanda estimates the enterprise value of REAL VR LIMITED at £0 based on an EBITDA of £-455.8k and a 4.64x industry multiple (adjusted for size and gross margin).
real vr limited Estimated Valuation
Pomanda estimates the enterprise value of REAL VR LIMITED at £0 based on Net Assets of £-294.4k and 2.62x industry multiple (adjusted for liquidity).
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Real Vr Limited Overview
Real Vr Limited is a live company located in woking, GU21 6LQ with a Companies House number of 11168601. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in January 2018, it's largest shareholder is tt nominees limited with a 31.7% stake. Real Vr Limited is a young, small sized company, Pomanda has estimated its turnover at £1.7m with rapid growth in recent years.
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Real Vr Limited Health Check
Pomanda's financial health check has awarded Real Vr Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £1.7m, make it larger than the average company (£371.4k)
- Real Vr Limited
£371.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (2.8%)
- Real Vr Limited
2.8% - Industry AVG
Production
with a gross margin of 62%, this company has a comparable cost of product (62%)
- Real Vr Limited
62% - Industry AVG
Profitability
an operating margin of -53.2% make it less profitable than the average company (13.7%)
- Real Vr Limited
13.7% - Industry AVG
Employees
with 31 employees, this is above the industry average (10)
31 - Real Vr Limited
10 - Industry AVG
Pay Structure
on an average salary of £17.9k, the company has an equivalent pay structure (£17.9k)
- Real Vr Limited
£17.9k - Industry AVG
Efficiency
resulting in sales per employee of £54.2k, this is equally as efficient (£54.5k)
- Real Vr Limited
£54.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Real Vr Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 356 days, this is slower than average (52 days)
- Real Vr Limited
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Real Vr Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (88 weeks)
3 weeks - Real Vr Limited
88 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 121.2%, this is a higher level of debt than the average (32.5%)
121.2% - Real Vr Limited
32.5% - Industry AVG
REAL VR LIMITED financials
Real Vr Limited's latest turnover from December 2022 is estimated at £1.7 million and the company has net assets of -£294.4 thousand. According to their latest financial statements, Real Vr Limited has 31 employees and maintains cash reserves of £90.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 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 | 31 | 28 | 28 | 21 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,120,722 | 766,143 | 1,046,078 | 1,059,609 | 603,638 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 57,380 | 36,000 | 36,000 | 0 | 0 |
| Total Fixed Assets | 1,178,102 | 802,143 | 1,082,078 | 1,059,609 | 603,638 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 1,616 | 158 | 5,503 | 2,070 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 121,873 | 97,196 | 92,714 | 429,034 | 141,908 |
| Cash | 90,352 | 250,620 | 174,683 | 82,858 | 39,797 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 212,225 | 349,432 | 267,555 | 517,395 | 183,775 |
| total assets | 1,390,327 | 1,151,575 | 1,349,633 | 1,577,004 | 787,413 |
| Bank overdraft | 0 | 2,098 | 0 | 0 | 0 |
| Bank loan | 5,283 | 10,000 | 0 | 0 | 0 |
| Trade Creditors | 624,100 | 207,602 | 92,588 | 142,019 | 66,984 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 300,484 | 71,849 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 569,713 | 62,535 | 34,800 | 162,773 | 61,776 |
| total current liabilities | 1,499,580 | 354,084 | 127,388 | 304,792 | 128,760 |
| loans | 135,213 | 170,589 | 50,000 | 54,934 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 49,894 | 0 | 123,250 | 0 | 163,174 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 185,107 | 170,589 | 173,250 | 54,934 | 163,174 |
| total liabilities | 1,684,687 | 524,673 | 300,638 | 359,726 | 291,934 |
| net assets | -294,360 | 626,902 | 1,048,995 | 1,217,278 | 495,479 |
| total shareholders funds | -294,360 | 626,902 | 1,048,995 | 1,217,278 | 495,479 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 438,402 | 446,285 | 206,648 | 43,739 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 44,441 | 5,940 | -305,665 | 290,559 | 143,978 |
| Creditors | 416,498 | 115,014 | -49,431 | 75,035 | 66,984 |
| Accruals and Deferred Income | 507,178 | 27,735 | -127,973 | 100,997 | 61,776 |
| 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 | -4,717 | 10,000 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 228,635 | 71,849 | 0 | 0 | 0 |
| Long term loans | -35,376 | 120,589 | -4,934 | 54,934 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 49,894 | -123,250 | 123,250 | -163,174 | 163,174 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -160,268 | 75,937 | 91,825 | 43,061 | 39,797 |
| overdraft | -2,098 | 2,098 | 0 | 0 | 0 |
| change in cash | -158,170 | 73,839 | 91,825 | 43,061 | 39,797 |
real vr limited Credit Report and Business Information
Real Vr Limited Competitor Analysis
Perform a competitor analysis for real vr limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in GU21 area or any other competitors across 12 key performance metrics.
real vr limited Ownership
REAL VR LIMITED group structure
Real Vr Limited has no subsidiary companies.
Ultimate parent company
REAL VR LIMITED
11168601
real vr limited directors
Real Vr Limited currently has 1 director, Mr John Lilley serving since Jan 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Lilley | United Kingdom | 55 years | Jan 2018 | - | Director |
P&L
December 2022turnover
1.7m
+188%
operating profit
-894.2k
0%
gross margin
62.1%
+1.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-294.4k
-1.47%
total assets
1.4m
+0.21%
cash
90.4k
-0.64%
net assets
Total assets minus all liabilities
real vr limited company details
company number
11168601
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
January 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
MENZIES LLP
auditor
-
address
suite a 1st floor, midas house, 62 goldsworth road, woking, surrey, GU21 6LQ
Bank
-
Legal Advisor
-
real vr 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 6 charges/mortgages relating to real vr limited. Currently there are 3 open charges and 3 have been satisfied in the past.
real vr limited Companies House Filings - See Documents
| date | description | view/download |
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