Pomanda estimates the enterprise value of VERGE GROUP LIMITED at £191k based on a Turnover of £114.8k and 1.66x industry multiple (adjusted for size and gross margin).
verge group limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of VERGE GROUP LIMITED at £0 based on an EBITDA of £-3.3k and a 4.89x industry multiple (adjusted for size and gross margin).
verge group limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of VERGE GROUP LIMITED at £0 based on Net Assets of £-7.8k and 1.45x industry multiple (adjusted for liquidity).
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Verge Group LimitedOverview
Verge Group Limited is a live company located in harpenden, AL5 5AH with a Companies House number of 11623502. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2018, it's largest shareholder is
miles watson
with a 100% stake. Verge Group Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£114.8k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Verge Group Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
0 Strong
2 Regular
7 Weak
Size
annual sales of £114.8k, make it smaller than the average company (£1.5m)
£114.8k - Verge Group Limited
£1.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Verge Group Limited
- - Industry AVG
Production
with a gross margin of 48.8%, this company has a comparable cost of product (48.8%)
48.8% - Verge Group Limited
48.8% - Industry AVG
Profitability
an operating margin of -3.8% make it less profitable than the average company (16.3%)
-3.8% - Verge Group Limited
16.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Verge Group Limited
5 - Industry AVG
Pay Structure
on an average salary of £44.3k, the company has an equivalent pay structure (£44.3k)
£44.3k - Verge Group Limited
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £114.8k, this is less efficient (£226.7k)
£114.8k - Verge Group Limited
£226.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Verge Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (33 days)
3 days - Verge Group Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Verge Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Verge Group Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 156.7%, this is a higher level of debt than the average (68.8%)
156.7% - Verge Group Limited
68.8% - Industry AVG
VERGE GROUP LIMITED financials
EXPORT
Verge Group Limited's latest turnover from April 2024 is estimated at £114.8 thousand and the company has net assets of -£7.8 thousand. According to their latest financial statements, Verge Group Limited has 1 employee and maintains cash reserves of £173 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Turnover
114,844
233,011
225,437
Other Income Or Grants
Cost Of Sales
58,816
122,302
120,804
Gross Profit
56,028
110,709
104,633
Admin Expenses
60,364
114,317
104,634
Operating Profit
-4,336
-3,608
-1
Interest Payable
Interest Receivable
7
4
1
Pre-Tax Profit
-4,329
-3,604
Tax
Profit After Tax
-4,329
-3,604
Dividends Paid
Retained Profit
-4,329
-3,604
Employee Costs
44,319
41,154
40,839
Number Of Employees
1
1
1
EBITDA*
-3,335
-3,107
-1
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Tangible Assets
2,504
3,505
Intangible Assets
Investments & Other
9
9
9
100
100
Debtors (Due After 1 year)
Total Fixed Assets
2,513
3,514
9
100
100
Stock & work in progress
Trade Debtors
Group Debtors
11,135
22,941
Misc Debtors
Cash
173
100
91
misc current assets
total current assets
11,308
23,041
91
total assets
13,821
26,555
100
100
100
Bank overdraft
Bank loan
Trade Creditors
600
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
21,054
30,059
total current liabilities
21,654
30,059
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
21,654
30,059
net assets
-7,833
-3,504
100
100
100
total shareholders funds
-7,833
-3,504
100
100
100
Apr 2024
Apr 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Operating Activities
Operating Profit
-4,336
-3,608
-1
Depreciation
1,001
501
Amortisation
Tax
Stock
Debtors
-11,806
22,941
Creditors
600
Accruals and Deferred Income
-9,005
30,059
Deferred Taxes & Provisions
Cash flow from operations
66
4,011
-1
Investing Activities
capital expenditure
-4,006
Change in Investments
-91
100
cash flow from investments
-4,006
91
-100
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
7
4
1
cash flow from financing
7
4
1
100
cash and cash equivalents
cash
73
9
91
overdraft
change in cash
73
9
91
verge group limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for verge group limited. Get real-time insights into verge group limited's credit score, group structure and payment trends.
Perform a competitor analysis for verge group limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in AL5 area or any other competitors across 12 key performance metrics.
verge group limited Ownership
VERGE GROUP LIMITED group structure
Verge Group Limited has no subsidiary companies.
Ultimate parent company
VERGE GROUP LIMITED
11623502
VERGE GROUP LIMITED Shareholders
The sole shareholder of Verge Group Limited is Miles Watson.
miles watson
100%
verge group limited directors
Verge Group Limited currently has 1 director, Mr Miles Watson serving since Oct 2018.
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 verge group limited.
verge group limited 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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verge group limitedCompanies House Filings - See Documents
