world vr limited

world vr limited Company Information

Share WORLD VR LIMITED
Live 
YoungSmallRapid

Company Number

11841548

Industry

Retail sale of games and toys in specialised stores

 

Shareholders

oliver charles-richards

Group Structure

View All

Contact

Registered Address

gateway house beechdale road, nottingham, nottinghamshire, NG8 3EZ

world vr limited Estimated Valuation

£244k

Pomanda estimates the enterprise value of WORLD VR LIMITED at £244k based on a Turnover of £580k and 0.42x industry multiple (adjusted for size and gross margin).

world vr limited Estimated Valuation

£67.9k

Pomanda estimates the enterprise value of WORLD VR LIMITED at £67.9k based on an EBITDA of £17.3k and a 3.93x industry multiple (adjusted for size and gross margin).

world vr limited Estimated Valuation

£35.9k

Pomanda estimates the enterprise value of WORLD VR LIMITED at £35.9k based on Net Assets of £10.7k and 3.36x industry multiple (adjusted for liquidity).

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World Vr Limited Overview

World Vr Limited is a live company located in nottinghamshire, NG8 3EZ with a Companies House number of 11841548. It operates in the retail sale of games and toys in specialised stores sector, SIC Code 47650. Founded in February 2019, it's largest shareholder is oliver charles-richards with a 100% stake. World Vr Limited is a young, small sized company, Pomanda has estimated its turnover at £580k with rapid growth in recent years.

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World Vr Limited Health Check

Pomanda's financial health check has awarded World Vr Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

1 Weak

size

Size

annual sales of £580k, make it larger than the average company (£348k)

£580k - World Vr Limited

£348k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 93%, show it is growing at a faster rate (10.6%)

93% - World Vr Limited

10.6% - Industry AVG

production

Production

with a gross margin of 42%, this company has a comparable cost of product (42%)

42% - World Vr Limited

42% - Industry AVG

profitability

Profitability

an operating margin of 1.8% make it as profitable than the average company (2.2%)

1.8% - World Vr Limited

2.2% - Industry AVG

employees

Employees

with 7 employees, this is above the industry average (5)

7 - World Vr Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.1k, the company has an equivalent pay structure (£19.1k)

£19.1k - World Vr Limited

£19.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £82.9k, this is equally as efficient (£82.9k)

£82.9k - World Vr Limited

£82.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - World Vr Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - World Vr Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - World Vr Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (8 weeks)

19 weeks - World Vr Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 83.1%, this is a higher level of debt than the average (72.2%)

83.1% - World Vr Limited

72.2% - Industry AVG

WORLD VR LIMITED financials

EXPORTms excel logo

World Vr Limited's latest turnover from December 2023 is estimated at £580 thousand and the company has net assets of £10.7 thousand. According to their latest financial statements, World Vr Limited has 7 employees and maintains cash reserves of £19.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Turnover580,0151,736,035135,87280,995485,170
Other Income Or Grants00000
Cost Of Sales336,3711,050,63580,47645,460266,018
Gross Profit243,643685,40055,39635,535219,152
Admin Expenses233,235677,30755,46433,700225,068
Operating Profit10,4088,093-681,835-5,916
Interest Payable00000
Interest Receivable6892461532
Pre-Tax Profit11,0978,338-531,838-5,914
Tax-2,774-1,5840-3490
Profit After Tax8,3236,754-531,489-5,914
Dividends Paid00000
Retained Profit8,3236,754-531,489-5,914
Employee Costs133,533210,06415,59414,70848,172
Number Of Employees712113
EBITDA*17,29211,8468755,281-1,788

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Tangible Assets14,2138,5551,91212,62816,074
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets14,2138,5551,91212,62816,074
Stock & work in progress00000
Trade Debtors00000
Group Debtors28,75448,268000
Misc Debtors7617023,8482300
Cash19,4036,8467,2065,034633
misc current assets00000
total current assets48,91855,18431,0545,264633
total assets63,13163,73932,96617,89216,707
Bank overdraft02100
Bank loan00000
Trade Creditors 00000
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities52,43261,36137,34322,21722,521
total current liabilities52,43261,36337,34422,21722,521
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities00000
provisions00000
total long term liabilities00000
total liabilities52,43261,36337,34422,21722,521
net assets10,6992,376-4,378-4,325-5,814
total shareholders funds10,6992,376-4,378-4,325-5,814
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Operating Activities
Operating Profit10,4088,093-681,835-5,916
Depreciation6,8843,7539433,4464,128
Amortisation00000
Tax-2,774-1,5840-3490
Stock00000
Debtors-18,82324,49023,6182300
Creditors00000
Accruals and Deferred Income-8,92924,01815,126-30422,521
Deferred Taxes & Provisions00000
Cash flow from operations24,4129,790-7,6174,39820,733
Investing Activities
capital expenditure-12,542-10,3969,7730-20,202
Change in Investments00000
cash flow from investments-12,542-10,3969,7730-20,202
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities00000
share issue0000100
interest6892461532
cash flow from financing689246153102
cash and cash equivalents
cash12,557-3602,1724,401633
overdraft-21100
change in cash12,559-3612,1714,401633

world vr limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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World Vr Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for world vr limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NG8 area or any other competitors across 12 key performance metrics.

world vr limited Ownership

WORLD VR LIMITED group structure

World Vr Limited has no subsidiary companies.

Ultimate parent company

WORLD VR LIMITED

11841548

WORLD VR LIMITED Shareholders

oliver charles-richards 100%

world vr limited directors

World Vr Limited currently has 2 directors. The longest serving directors include Mrs Katie Charles-Richards (Feb 2019) and Mr Oliver Charles-Richards (Feb 2019).

officercountryagestartendrole
Mrs Katie Charles-RichardsEngland37 years Feb 2019- Director
Mr Oliver Charles-RichardsEngland47 years Feb 2019- Director

P&L

December 2023

turnover

580k

-67%

operating profit

10.4k

0%

gross margin

42.1%

+6.4%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

10.7k

+3.5%

total assets

63.1k

-0.01%

cash

19.4k

+1.83%

net assets

Total assets minus all liabilities

world vr limited company details

company number

11841548

Type

Private limited with Share Capital

industry

47650 - Retail sale of games and toys in specialised stores

incorporation date

February 2019

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

NOY & PARTNERS ACCOUNTANTS LIMITED

auditor

-

address

gateway house beechdale road, nottingham, nottinghamshire, NG8 3EZ

Bank

-

Legal Advisor

-

world vr 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 world vr limited.

charges

world vr limited Companies House Filings - See Documents

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