veg power c.i.c. Company Information
Company Number
11278035
Website
-Registered Address
college house, 17 king edwards road, ruislip, HA4 7AE
Industry
Other information service activities n.e.c.
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
-0%
veg power c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of VEG POWER C.I.C. at £661k based on a Turnover of £522.5k and 1.27x industry multiple (adjusted for size and gross margin).
veg power c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of VEG POWER C.I.C. at £0 based on an EBITDA of £-13.2k and a 5.08x industry multiple (adjusted for size and gross margin).
veg power c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of VEG POWER C.I.C. at £158.6k based on Net Assets of £58.2k and 2.73x industry multiple (adjusted for liquidity).
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Veg Power C.i.c. Overview
Veg Power C.i.c. is a live company located in ruislip, HA4 7AE with a Companies House number of 11278035. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in March 2018, it's largest shareholder is unknown. Veg Power C.i.c. is a young, small sized company, Pomanda has estimated its turnover at £522.5k with declining growth in recent years.
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Veg Power C.i.c. Health Check
Pomanda's financial health check has awarded Veg Power C.I.C. a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £522.5k, make it smaller than the average company (£841.2k)
- Veg Power C.i.c.
£841.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (7.1%)
- Veg Power C.i.c.
7.1% - Industry AVG
Production
with a gross margin of 69.9%, this company has a comparable cost of product (69.9%)
- Veg Power C.i.c.
69.9% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (6.9%)
- Veg Power C.i.c.
6.9% - Industry AVG
Employees
with 12 employees, this is below the industry average (18)
12 - Veg Power C.i.c.
18 - Industry AVG
Pay Structure
on an average salary of £15k, the company has a lower pay structure (£29.9k)
£15k - Veg Power C.i.c.
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £43.5k, this is less efficient (£56.7k)
- Veg Power C.i.c.
£56.7k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is near the average (32 days)
- Veg Power C.i.c.
32 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is close to average (31 days)
- Veg Power C.i.c.
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Veg Power C.i.c.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is less cash available to meet short term requirements (107 weeks)
56 weeks - Veg Power C.i.c.
107 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.3%, this is a higher level of debt than the average (27.7%)
79.3% - Veg Power C.i.c.
27.7% - Industry AVG
VEG POWER C.I.C. financials
Veg Power C.I.C.'s latest turnover from August 2023 is estimated at £522.5 thousand and the company has net assets of £58.2 thousand. According to their latest financial statements, Veg Power C.I.C. has 12 employees and maintains cash reserves of £240.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 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 | 179,938 | 102,101 | 0 | ||
Number Of Employees | 12 | 10 | 1 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 38,524 | 15,599 | 91,794 | 107,458 | 5,094 |
Group Debtors | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 2,040 | 11,660 | 6,348 | 0 | 21,300 |
Cash | 240,551 | 287,244 | 230,783 | 200,963 | 44,407 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 281,115 | 314,503 | 328,925 | 308,421 | 70,801 |
total assets | 281,115 | 314,503 | 328,925 | 308,421 | 70,801 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 14,595 | 41,593 | 55,367 | 13,375 | 12,973 |
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 | 208,350 | 214,742 | 229,978 | 262,557 | 48,416 |
total current liabilities | 222,945 | 256,335 | 285,345 | 275,932 | 61,389 |
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 | 222,945 | 256,335 | 285,345 | 275,932 | 61,389 |
net assets | 58,170 | 58,168 | 43,580 | 32,489 | 9,412 |
total shareholders funds | 58,170 | 58,168 | 43,580 | 32,489 | 9,412 |
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 |
Tax | |||||
Stock | 0 | 0 | 0 | 0 | 0 |
Debtors | 13,305 | -70,883 | -9,316 | 81,064 | 26,394 |
Creditors | -26,998 | -13,774 | 41,992 | 402 | 12,973 |
Accruals and Deferred Income | -6,392 | -15,236 | -32,579 | 214,141 | 48,416 |
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 | -46,693 | 56,461 | 29,820 | 156,556 | 44,407 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | -46,693 | 56,461 | 29,820 | 156,556 | 44,407 |
veg power c.i.c. Credit Report and Business Information
Veg Power C.i.c. Competitor Analysis
Perform a competitor analysis for veg power c.i.c. by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in HA4 area or any other competitors across 12 key performance metrics.
veg power c.i.c. Ownership
VEG POWER C.I.C. group structure
Veg Power C.I.C. has no subsidiary companies.
Ultimate parent company
VEG POWER C.I.C.
11278035
veg power c.i.c. directors
Veg Power C.I.C. currently has 6 directors. The longest serving directors include Ms Anne Heughan (Mar 2018) and Ms Rosel Boycott (Mar 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Anne Heughan | England | 68 years | Mar 2018 | - | Director |
Ms Rosel Boycott | England | 73 years | Mar 2018 | - | Director |
Ms Anna Taylor | United Kingdom | 53 years | Mar 2018 | - | Director |
Mrs Katherine Palmer | England | 48 years | Jul 2018 | - | Director |
Mr Andrew Porteous | England | 60 years | Nov 2018 | - | Director |
Ms Joanna Ralling | England | 59 years | Jan 2021 | - | Director |
P&L
August 2023turnover
522.5k
+42%
operating profit
-13.2k
0%
gross margin
69.9%
+4.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
58.2k
0%
total assets
281.1k
-0.11%
cash
240.6k
-0.16%
net assets
Total assets minus all liabilities
veg power c.i.c. company details
company number
11278035
Type
Private Ltd By Guarantee w/o Share Cap
industry
63990 - Other information service activities n.e.c.
incorporation date
March 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
eat more veg ltd (July 2018)
accountant
PRICE BAILEY LLP
auditor
-
address
college house, 17 king edwards road, ruislip, HA4 7AE
Bank
NATWEST
Legal Advisor
-
veg power c.i.c. 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 veg power c.i.c..
veg power c.i.c. Companies House Filings - See Documents
date | description | view/download |
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