vetust global ltd.
vetust global ltd. Company Information
Company Number
11242875
Next Accounts
Dec 2025
Shareholders
barry olson
john cassese
View AllGroup Structure
View All
Industry
Temporary employment agency activities
Registered Address
c/o corporation service company, 5 churchill place, 10th floor, london, E14 5HU
Website
vetustglobal.comvetust global ltd. Estimated Valuation
Pomanda estimates the enterprise value of VETUST GLOBAL LTD. at £116.7k based on a Turnover of £795.9k and 0.15x industry multiple (adjusted for size and gross margin).
vetust global ltd. Estimated Valuation
Pomanda estimates the enterprise value of VETUST GLOBAL LTD. at £0 based on an EBITDA of £-21.7k and a 2.19x industry multiple (adjusted for size and gross margin).
vetust global ltd. Estimated Valuation
Pomanda estimates the enterprise value of VETUST GLOBAL LTD. at £0 based on Net Assets of £-116.2k and 1.53x industry multiple (adjusted for liquidity).
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Vetust Global Ltd. Overview
Vetust Global Ltd. is a live company located in london, E14 5HU with a Companies House number of 11242875. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in March 2018, it's largest shareholder is barry olson with a 40% stake. Vetust Global Ltd. is a young, small sized company, Pomanda has estimated its turnover at £795.9k with declining growth in recent years.
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Vetust Global Ltd. Health Check
Pomanda's financial health check has awarded Vetust Global Ltd. a 2 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 £795.9k, make it smaller than the average company (£13.6m)
- Vetust Global Ltd.
£13.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (8%)
- Vetust Global Ltd.
8% - Industry AVG
Production
with a gross margin of 11.1%, this company has a higher cost of product (17.7%)
- Vetust Global Ltd.
17.7% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (2.5%)
- Vetust Global Ltd.
2.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (49)
1 - Vetust Global Ltd.
49 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
- Vetust Global Ltd.
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £795.9k, this is more efficient (£243.6k)
- Vetust Global Ltd.
£243.6k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (43 days)
- Vetust Global Ltd.
43 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (3 days)
- Vetust Global Ltd.
3 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vetust Global Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Vetust Global Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 117%, this is a higher level of debt than the average (69.3%)
117% - Vetust Global Ltd.
69.3% - Industry AVG
VETUST GLOBAL LTD. financials
Vetust Global Ltd.'s latest turnover from March 2024 is estimated at £795.9 thousand and the company has net assets of -£116.2 thousand. According to their latest financial statements, Vetust Global Ltd. has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | 22,857 | 8,483 | ||||
| Admin Expenses | 21,109 | 24,459 | ||||
| Operating Profit | 1,748 | -15,976 | ||||
| Interest Payable | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | ||||
| Pre-Tax Profit | 1,748 | -15,976 | ||||
| Tax | 0 | 0 | ||||
| Profit After Tax | 1,748 | -15,976 | ||||
| Dividends Paid | 0 | 0 | ||||
| Retained Profit | 1,748 | -15,976 | ||||
| Employee Costs | ||||||
| Number Of Employees | 1 | 1 | 6 | 6 | 3 | |
| EBITDA* | 1,748 | -15,976 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 532,371 | 520,186 | 0 | 0 | 0 | 0 |
| 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 | 532,371 | 520,186 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 152,475 | 206,195 | 366,515 | 214,306 | 303,205 | 687,061 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 685 | 0 | 0 | 0 |
| Cash | 0 | 0 | 23,851 | 45,349 | 68,739 | 119,841 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 152,475 | 206,195 | 391,051 | 259,655 | 371,944 | 806,902 |
| total assets | 684,846 | 726,381 | 391,051 | 259,655 | 371,944 | 806,902 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 67,498 | 82,526 | 72,722 | 46,691 | 108,932 | 145,269 |
| 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 | 67,498 | 82,526 | 72,722 | 46,691 | 108,932 | 145,269 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 733,579 | 724,647 | 365,972 | 262,354 | 296,426 | 663,162 |
| provisions | 0 | 13,788 | 0 | 0 | 0 | 0 |
| total long term liabilities | 733,579 | 738,435 | 365,972 | 262,354 | 296,426 | 663,162 |
| total liabilities | 801,077 | 820,961 | 438,694 | 309,045 | 405,358 | 808,431 |
| net assets | -116,231 | -94,580 | -47,643 | -49,390 | -33,414 | -1,529 |
| total shareholders funds | -116,231 | -94,580 | -47,643 | -49,390 | -33,414 | -1,529 |
| Mar 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 1,748 | -15,976 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -53,720 | -161,005 | 152,894 | -88,899 | -383,856 | 687,061 |
| Creditors | -15,028 | 9,804 | 26,031 | -62,241 | -36,337 | 145,269 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -13,788 | 13,788 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -125,115 | 10,682 | ||||
| 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 | 8,932 | 358,675 | 103,618 | -34,072 | -366,736 | 663,162 |
| share issue | ||||||
| interest | 0 | 0 | ||||
| cash flow from financing | 103,617 | -34,072 | ||||
| cash and cash equivalents | ||||||
| cash | 0 | -23,851 | -21,498 | -23,390 | -51,102 | 119,841 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -23,851 | -21,498 | -23,390 | -51,102 | 119,841 |
vetust global ltd. Credit Report and Business Information
Vetust Global Ltd. Competitor Analysis
Perform a competitor analysis for vetust global ltd. by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in E14 area or any other competitors across 12 key performance metrics.
vetust global ltd. Ownership
VETUST GLOBAL LTD. group structure
Vetust Global Ltd. has no subsidiary companies.
Ultimate parent company
VETUST GLOBAL LTD.
11242875
vetust global ltd. directors
Vetust Global Ltd. currently has 3 directors. The longest serving directors include Mr John Cassese (Mar 2018) and Mr Robert Jones (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Cassese | Usa | 80 years | Mar 2018 | - | Director |
| Mr Robert Jones | Usa | 81 years | Mar 2018 | - | Director |
| Mr Barry Olson | Usa | 75 years | Mar 2018 | - | Director |
P&L
March 2024turnover
795.9k
-14%
operating profit
-21.7k
0%
gross margin
11.2%
-2.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-116.2k
+0.23%
total assets
684.8k
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
vetust global ltd. company details
company number
11242875
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
c/o corporation service company, 5 churchill place, 10th floor, london, E14 5HU
Bank
-
Legal Advisor
-
vetust global 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 vetust global ltd..
vetust global ltd. 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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vetust global ltd. Companies House Filings - See Documents
| date | description | view/download |
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