vekath limited
vekath limited Company Information
Company Number
12434897
Website
-Registered Address
18 elms road, harrow, HA3 6BQ
Industry
Specialised design activities
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Arulmoly Sivashankar4 Years
Shareholders
arulmoly sivashankar 100%
vekath limited Estimated Valuation
Pomanda estimates the enterprise value of VEKATH LIMITED at £25.8k based on a Turnover of £68.8k and 0.38x industry multiple (adjusted for size and gross margin).
vekath limited Estimated Valuation
Pomanda estimates the enterprise value of VEKATH LIMITED at £21.8k based on an EBITDA of £7.4k and a 2.93x industry multiple (adjusted for size and gross margin).
vekath limited Estimated Valuation
Pomanda estimates the enterprise value of VEKATH LIMITED at £26.7k based on Net Assets of £10.7k and 2.48x industry multiple (adjusted for liquidity).
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Vekath Limited Overview
Vekath Limited is a live company located in harrow, HA3 6BQ with a Companies House number of 12434897. It operates in the specialised design activities sector, SIC Code 74100. Founded in January 2020, it's largest shareholder is arulmoly sivashankar with a 100% stake. Vekath Limited is a startup, micro sized company, Pomanda has estimated its turnover at £68.8k with unknown growth in recent years.
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Vekath Limited Health Check
Pomanda's financial health check has awarded Vekath Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £68.8k, make it smaller than the average company (£196.2k)
- Vekath Limited
£196.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Vekath Limited
- - Industry AVG
Production
with a gross margin of 27.5%, this company has a higher cost of product (49.1%)
- Vekath Limited
49.1% - Industry AVG
Profitability
an operating margin of 10.8% make it more profitable than the average company (8.9%)
- Vekath Limited
8.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Vekath Limited
3 - Industry AVG
Pay Structure
on an average salary of £26.7k, the company has an equivalent pay structure (£26.7k)
- Vekath Limited
£26.7k - Industry AVG
Efficiency
resulting in sales per employee of £34.4k, this is less efficient (£94.7k)
- Vekath Limited
£94.7k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (66 days)
- Vekath Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is quicker than average (45 days)
- Vekath Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vekath Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Vekath Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.1%, this is a similar level of debt than the average (55.1%)
58.1% - Vekath Limited
55.1% - Industry AVG
VEKATH LIMITED financials
Vekath Limited's latest turnover from January 2023 is estimated at £68.8 thousand and the company has net assets of £10.7 thousand. According to their latest financial statements, Vekath Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|
| 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 | 2 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|
| Tangible Assets | 5,240 | 5,240 | 5,240 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 5,240 | 5,240 | 5,240 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 20,341 | 32,118 | 16,841 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 20,341 | 32,118 | 16,841 |
| total assets | 25,581 | 37,358 | 22,081 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 4,460 | 19,331 | 5,590 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 4,460 | 19,331 | 5,590 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 10,391 | 13,319 | 15,000 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 10,391 | 13,319 | 15,000 |
| total liabilities | 14,851 | 32,650 | 20,590 |
| net assets | 10,730 | 4,708 | 1,491 |
| total shareholders funds | 10,730 | 4,708 | 1,491 |
| Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -11,777 | 15,277 | 16,841 |
| Creditors | -14,871 | 13,741 | 5,590 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | -2,928 | -1,681 | 15,000 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
vekath limited Credit Report and Business Information
Vekath Limited Competitor Analysis
Perform a competitor analysis for vekath limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA3 area or any other competitors across 12 key performance metrics.
vekath limited Ownership
VEKATH LIMITED group structure
Vekath Limited has no subsidiary companies.
Ultimate parent company
VEKATH LIMITED
12434897
vekath limited directors
Vekath Limited currently has 1 director, Mrs Arulmoly Sivashankar serving since Jan 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Arulmoly Sivashankar | England | 48 years | Jan 2020 | - | Director |
P&L
January 2023turnover
68.8k
-23%
operating profit
7.4k
0%
gross margin
27.5%
-12.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
10.7k
+1.28%
total assets
25.6k
-0.32%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
vekath limited company details
company number
12434897
Type
Private limited with Share Capital
industry
74100 - Specialised design activities
incorporation date
January 2020
age
4
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
January 2023
address
18 elms road, harrow, HA3 6BQ
accountant
-
auditor
-
vekath 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 vekath limited.
vekath limited Companies House Filings - See Documents
| date | description | view/download |
|---|
