Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
third floor, hodge house, 114-11, st. mary street, cardiff, south glamorgan, CF10 1DY
Website
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veezu hire limitedEstimated Valuation
£867.5k
Pomanda estimates the enterprise value of VEEZU HIRE LIMITED at £867.5k based on a Turnover of £1.1m and 0.81x industry multiple (adjusted for size and gross margin).
veezu hire limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of VEEZU HIRE LIMITED at £0 based on an EBITDA of £-5.5k and a 3.41x industry multiple (adjusted for size and gross margin).
veezu hire limitedEstimated Valuation
£710.2k
Pomanda estimates the enterprise value of VEEZU HIRE LIMITED at £710.2k based on Net Assets of £559.7k and 1.27x industry multiple (adjusted for liquidity).
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Veezu Hire LimitedOverview
Veezu Hire Limited is a live company located in cardiff, CF10 1DY with a Companies House number of 11815099. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in February 2019, it's largest shareholder is
veezu north limited
with a 100% stake. Veezu Hire Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Veezu Hire Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£19.1m)
£1.1m - Veezu Hire Limited
£19.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (11.2%)
14% - Veezu Hire Limited
11.2% - Industry AVG
Production
with a gross margin of 21.1%, this company has a higher cost of product (35.2%)
21.1% - Veezu Hire Limited
35.2% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (4.4%)
-0.5% - Veezu Hire Limited
4.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (103)
2 - Veezu Hire Limited
103 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
£44.5k - Veezu Hire Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £536.4k, this is more efficient (£190.4k)
£536.4k - Veezu Hire Limited
£190.4k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (44 days)
68 days - Veezu Hire Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 299 days, this is slower than average (44 days)
299 days - Veezu Hire Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Veezu Hire Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Veezu Hire Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.4%, this is a lower level of debt than the average (69.1%)
55.4% - Veezu Hire Limited
69.1% - Industry AVG
VEEZU HIRE LIMITED financials
EXPORT
Veezu Hire Limited's latest turnover from February 2024 is estimated at £1.1 million and the company has net assets of £559.7 thousand. According to their latest financial statements, Veezu Hire Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Turnover
1,072,805
853,006
808,161
720,330
711,087
Other Income Or Grants
Cost Of Sales
846,879
676,607
644,497
583,551
569,467
Gross Profit
225,926
176,399
163,664
136,779
141,620
Admin Expenses
231,458
180,167
166,149
165,411
-599,243
Operating Profit
-5,532
-3,768
-2,485
-28,632
740,863
Interest Payable
Interest Receivable
Pre-Tax Profit
-5,532
-3,768
-2,485
-28,632
740,863
Tax
-140,764
Profit After Tax
-5,532
-3,768
-2,485
-28,632
600,099
Dividends Paid
Retained Profit
-5,532
-3,768
-2,485
-28,632
600,099
Employee Costs
88,969
82,936
77,823
75,112
74,112
Number Of Employees
2
2
2
2
2
EBITDA*
-5,532
-3,768
-2,485
-28,632
740,863
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Tangible Assets
1,052,881
1,140,160
1,151,516
1,058,834
1,058,834
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,052,881
1,140,160
1,151,516
1,058,834
1,058,834
Stock & work in progress
Trade Debtors
200,623
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
200,623
total assets
1,253,504
1,140,160
1,151,516
1,058,834
1,058,834
Bank overdraft
Bank loan
Trade Creditors
693,822
574,946
582,534
487,367
458,735
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
693,822
574,946
582,534
487,367
458,735
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
693,822
574,946
582,534
487,367
458,735
net assets
559,682
565,214
568,982
571,467
600,099
total shareholders funds
559,682
565,214
568,982
571,467
600,099
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Operating Activities
Operating Profit
-5,532
-3,768
-2,485
-28,632
740,863
Depreciation
Amortisation
Tax
-140,764
Stock
Debtors
200,623
Creditors
118,876
-7,588
95,167
28,632
458,735
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-87,279
-11,356
92,682
1,058,834
Investing Activities
capital expenditure
87,279
11,356
-92,682
-1,058,834
Change in Investments
cash flow from investments
87,279
11,356
-92,682
-1,058,834
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
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
veezu hire 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 veezu hire limited. Get real-time insights into veezu hire limited's credit score, group structure and payment trends.
Perform a competitor analysis for veezu hire limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in CF10 area or any other competitors across 12 key performance metrics.
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
third floor, hodge house, 114-11, st. mary street, cardiff, south glamorgan, CF10 1DY
Bank
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Legal Advisor
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veezu hire 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 found 2 charges/mortgages relating to veezu hire limited. Currently there are 2 open charges and 0 have been satisfied in the past.
veezu hire 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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veezu hire limitedCompanies House Filings - See Documents
