vern contracts limited
vern contracts limited Company Information
Company Number
11468381
Website
-Registered Address
c/o b&c associates limited conco, grenville place, london, NW7 3SA
Industry
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
May 2024
Group Structure
View All
Directors
Michael Taylor5 Years
Shareholders
croft shareholders limited 100%
vern contracts limited Estimated Valuation
Pomanda estimates the enterprise value of VERN CONTRACTS LIMITED at £84.8k based on a Turnover of £197.8k and 0.43x industry multiple (adjusted for size and gross margin).
vern contracts limited Estimated Valuation
Pomanda estimates the enterprise value of VERN CONTRACTS LIMITED at £150.9k based on an EBITDA of £46.4k and a 3.25x industry multiple (adjusted for size and gross margin).
vern contracts limited Estimated Valuation
Pomanda estimates the enterprise value of VERN CONTRACTS LIMITED at £130.8k based on Net Assets of £53.2k and 2.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vern Contracts Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Vern Contracts Limited Overview
Vern Contracts Limited is a dissolved company that was located in london, NW7 3SA with a Companies House number of 11468381. It operated in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in July 2018, it's largest shareholder was croft shareholders limited with a 100% stake. The last turnover for Vern Contracts Limited was estimated at £197.8k.
Upgrade for unlimited company reports & a free credit check
Vern Contracts Limited Health Check
Pomanda's financial health check has awarded Vern Contracts Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
2 Weak
Size
annual sales of £197.8k, make it in line with the average company (£178.2k)
- Vern Contracts Limited
£178.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Vern Contracts Limited
- - Industry AVG
Production
with a gross margin of 24.9%, this company has a higher cost of product (57.7%)
- Vern Contracts Limited
57.7% - Industry AVG
Profitability
an operating margin of 23.4% make it more profitable than the average company (8.6%)
- Vern Contracts Limited
8.6% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Vern Contracts Limited
2 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
- Vern Contracts Limited
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £98.9k, this is equally as efficient (£101.5k)
- Vern Contracts Limited
£101.5k - Industry AVG
Debtor Days
it gets paid by customers after 201 days, this is later than average (74 days)
- Vern Contracts Limited
74 days - Industry AVG
Creditor Days
its suppliers are paid after 200 days, this is slower than average (32 days)
- Vern Contracts Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vern Contracts Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Vern Contracts Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.5%, this is a similar level of debt than the average (56%)
60.5% - Vern Contracts Limited
56% - Industry AVG
vern contracts limited Credit Report and Business Information
Vern Contracts Limited Competitor Analysis
Perform a competitor analysis for vern contracts limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
vern contracts limited Ownership
VERN CONTRACTS LIMITED group structure
Vern Contracts Limited has no subsidiary companies.
vern contracts limited directors
Vern Contracts Limited currently has 1 director, Mr Michael Taylor serving since Oct 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Taylor | United Kingdom | 40 years | Oct 2018 | - | Director |
VERN CONTRACTS LIMITED financials
Vern Contracts Limited's latest turnover from July 2020 is estimated at £197.8 thousand and the company has net assets of £53.2 thousand. According to their latest financial statements, Vern Contracts Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2020 | Jul 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 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2020 | Jul 2019 | |
|---|---|---|
| Tangible Assets | 25,642 | 25,642 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 10 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 25,652 | 25,642 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 109,189 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 10 |
| Cash | 0 | 93 |
| misc current assets | 0 | 0 |
| total current assets | 109,189 | 103 |
| total assets | 134,841 | 25,745 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 81,606 | 364 |
| Group/Directors Accounts | 0 | 236 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 9,464 |
| total current liabilities | 81,606 | 10,064 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 81,606 | 10,064 |
| net assets | 53,235 | 15,681 |
| total shareholders funds | 53,235 | 15,681 |
| Jul 2020 | Jul 2019 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 109,179 | 10 |
| Creditors | 81,242 | 364 |
| Accruals and Deferred Income | -9,464 | 9,464 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 10 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | -236 | 236 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -93 | 93 |
| overdraft | 0 | 0 |
| change in cash | -93 | 93 |
P&L
July 2020turnover
197.8k
+26874%
operating profit
46.4k
0%
gross margin
24.9%
-2.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2020net assets
53.2k
+2.39%
total assets
134.8k
+4.24%
cash
0
-1%
net assets
Total assets minus all liabilities
vern contracts limited company details
company number
11468381
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
July 2018
age
6
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
c/o b&c associates limited conco, grenville place, london, NW7 3SA
last accounts submitted
July 2020
vern contracts 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 did not find charges/mortgages relating to vern contracts limited.
vern contracts limited Companies House Filings - See Documents
| date | description | view/download |
|---|
