Pomanda estimates the enterprise value of VSP DEVELOPMENTS LTD at £552.5k based on a Turnover of £183.9k and 3x industry multiple (adjusted for size and gross margin).
vsp developments ltdEstimated Valuation
£923.3k
Pomanda estimates the enterprise value of VSP DEVELOPMENTS LTD at £923.3k based on an EBITDA of £143.4k and a 6.44x industry multiple (adjusted for size and gross margin).
vsp developments ltdEstimated Valuation
£1.5m
Pomanda estimates the enterprise value of VSP DEVELOPMENTS LTD at £1.5m based on Net Assets of £927k and 1.58x industry multiple (adjusted for liquidity).
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Vsp Developments LtdOverview
Vsp Developments Ltd is a live company located in manchester, M14 5QP with a Companies House number of 11724576. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2018, it's largest shareholder is
ronak singh
with a 100% stake. Vsp Developments Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£183.9k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Vsp Developments Ltd 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
Health Rating3.5out of 5
2 Strong
4 Regular
2 Weak
Size
annual sales of £183.9k, make it smaller than the average company (£831k)
£183.9k - Vsp Developments Ltd
£831k - Industry AVG
Growth
3 year (CAGR) sales growth of 155%, show it is growing at a faster rate (2.1%)
155% - Vsp Developments Ltd
2.1% - Industry AVG
Production
with a gross margin of 69%, this company has a comparable cost of product (69%)
69% - Vsp Developments Ltd
69% - Industry AVG
Profitability
an operating margin of 77.9% make it more profitable than the average company (30.1%)
77.9% - Vsp Developments Ltd
30.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Vsp Developments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
£34.9k - Vsp Developments Ltd
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £183.9k, this is equally as efficient (£183.9k)
£183.9k - Vsp Developments Ltd
£183.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Vsp Developments Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Vsp Developments Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Vsp Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Vsp Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71%, this is a similar level of debt than the average (64.8%)
71% - Vsp Developments Ltd
64.8% - Industry AVG
VSP DEVELOPMENTS LTD financials
EXPORT
Vsp Developments Ltd's latest turnover from May 2023 is estimated at £183.9 thousand and the company has net assets of £927 thousand. According to their latest financial statements, Vsp Developments Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2023
May 2022
Dec 2020
Dec 2019
Turnover
183,930
98,752
11,134
Other Income Or Grants
Cost Of Sales
56,993
32,498
3,261
Gross Profit
126,937
66,255
7,873
Admin Expenses
-16,267
-138,757
-40,273
Operating Profit
143,204
205,012
48,146
Interest Payable
99,592
26,612
4,522
Interest Receivable
32
7
9
Pre-Tax Profit
43,644
178,407
43,633
Tax
-10,911
-33,897
-8,290
Profit After Tax
32,733
144,510
35,343
Dividends Paid
Retained Profit
32,733
144,510
35,343
Employee Costs
34,872
36,497
37,018
Number Of Employees
1
1
1
EBITDA*
143,378
205,012
48,146
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023
May 2022
Dec 2020
Dec 2019
Tangible Assets
1,019
Intangible Assets
Investments & Other
2,959,254
1,176,754
285,000
Debtors (Due After 1 year)
Total Fixed Assets
2,960,273
1,176,754
285,000
Stock & work in progress
61,621
Trade Debtors
Group Debtors
Misc Debtors
240,180
475,897
108,851
Cash
1,406
17,861
misc current assets
total current assets
240,180
477,303
188,333
total assets
3,200,453
1,654,057
473,333
Bank overdraft
Bank loan
1,116,459
729,586
104,575
Trade Creditors
780
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
886,857
615,079
232,233
total current liabilities
2,003,316
1,345,445
336,808
loans
20,194
30,746
43,689
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
249,900
25,319
10,905
total long term liabilities
270,094
56,065
54,594
total liabilities
2,273,410
1,401,510
391,402
net assets
927,043
252,547
81,931
total shareholders funds
927,043
252,547
81,931
May 2023
May 2022
Dec 2020
Dec 2019
Operating Activities
Operating Profit
143,204
205,012
48,146
Depreciation
174
Amortisation
Tax
-10,911
-33,897
-8,290
Stock
61,621
Debtors
-235,717
475,897
108,851
Creditors
-780
780
Accruals and Deferred Income
271,778
615,079
232,233
Deferred Taxes & Provisions
224,581
25,319
10,905
Cash flow from operations
863,763
336,396
112,522
Investing Activities
capital expenditure
-1,193
Change in Investments
1,782,500
1,176,754
285,000
cash flow from investments
-1,783,693
-1,176,754
-285,000
Financing Activities
Bank loans
386,873
729,586
104,575
Group/Directors Accounts
Other Short Term Loans
Long term loans
-10,552
30,746
43,689
Hire Purchase and Lease Commitments
other long term liabilities
share issue
641,763
108,037
46,588
interest
-99,560
-26,605
-4,513
cash flow from financing
918,524
841,764
190,339
cash and cash equivalents
cash
-1,406
1,406
17,861
overdraft
change in cash
-1,406
1,406
17,861
vsp developments ltd 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 vsp developments ltd. Get real-time insights into vsp developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for vsp developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M14 area or any other competitors across 12 key performance metrics.
vsp developments ltd Ownership
VSP DEVELOPMENTS LTD group structure
Vsp Developments Ltd has no subsidiary companies.
Ultimate parent company
VSP DEVELOPMENTS LTD
11724576
VSP DEVELOPMENTS LTD Shareholders
The sole shareholder of Vsp Developments Ltd is Ronak Singh.
ronak singh
100%
vsp developments ltd directors
Vsp Developments Ltd currently has 1 director, Mr Ronak Singh serving since Dec 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 found 95 charges/mortgages relating to vsp developments ltd. Currently there are 72 open charges and 23 have been satisfied in the past.
vsp developments 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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vsp developments ltdCompanies House Filings - See Documents
