vipso ltd
vipso ltd Company Information
Company Number
12490362
Registered Address
22 grimrod place, skelmersdale, WN8 9UU
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
03458622878
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
victorian plumbing group plc 100%
vipso ltd Estimated Valuation
Pomanda estimates the enterprise value of VIPSO LTD at £0 based on a Turnover of £0 and 1.2x industry multiple (adjusted for size and gross margin).
vipso ltd Estimated Valuation
Pomanda estimates the enterprise value of VIPSO LTD at £0 based on an EBITDA of £-214 and a 4.5x industry multiple (adjusted for size and gross margin).
vipso ltd Estimated Valuation
Pomanda estimates the enterprise value of VIPSO LTD at £20.8m based on Net Assets of £11.4m and 1.84x industry multiple (adjusted for liquidity).
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Vipso Ltd Overview
Vipso Ltd is a live company located in skelmersdale, WN8 9UU with a Companies House number of 12490362. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in February 2020, it's largest shareholder is victorian plumbing group plc with a 100% stake. Vipso Ltd is a startup, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Vipso Ltd Health Check
Pomanda's financial health check has awarded Vipso Ltd a 2 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
2 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Vipso Ltd
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (8.8%)
- - Vipso Ltd
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Vipso Ltd
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Vipso Ltd
- - Industry AVG
Employees
with 1 employees, this is below the industry average (106)
- Vipso Ltd
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Vipso Ltd
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Vipso Ltd
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Vipso Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Vipso Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Vipso Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20907 weeks, this is more cash available to meet short term requirements (14 weeks)
- - Vipso Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0%, this is a lower level of debt than the average (69.4%)
- - Vipso Ltd
- - Industry AVG
VIPSO LTD financials
Vipso Ltd's latest turnover from September 2023 is 0 and the company has net assets of £11.4 million. According to their latest financial statements, we estimate that Vipso Ltd has 1 employee and maintains cash reserves of £911.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 209,902,360 | 151,767,623 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 0 | 0 | 167,743,521 | 130,000,640 | |
| Gross Profit | 0 | 0 | 42,158,839 | 21,766,983 | |
| Admin Expenses | 214 | 180 | 16,040,284 | 11,495,737 | |
| Operating Profit | -214 | -180 | -61 | 26,118,555 | 10,271,246 |
| Interest Payable | 133,456 | 133,456 | 36,929 | 223,985 | 207,467 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,116,330 | -133,636 | 18,877,271 | 25,894,570 | 10,063,779 |
| Tax | 0 | 0 | 0 | -4,496,400 | -1,927,301 |
| Profit After Tax | 1,116,330 | -133,636 | 18,877,271 | 21,398,170 | 8,136,478 |
| Dividends Paid | 5,500,000 | 0 | 14,920,500 | 9,518,500 | 3,482,500 |
| Retained Profit | -4,383,670 | -133,636 | 3,956,771 | 11,879,670 | 4,653,978 |
| Employee Costs | 0 | 0 | 0 | 8,884,251 | 6,429,905 |
| Number Of Employees | 369 | 298 | |||
| EBITDA* | -214 | -180 | -61 | 28,933,843 | 12,123,335 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 3,729,930 | 4,003,276 |
| Intangible Assets | 0 | 0 | 0 | 2,333,528 | 1,758,971 |
| Investments & Other | 10,367,329 | 8,046,508 | 5,922,787 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,367,329 | 8,046,508 | 5,922,787 | 6,063,458 | 5,762,247 |
| Stock & work in progress | 0 | 0 | 0 | 23,956,684 | 16,383,633 |
| Trade Debtors | 0 | 0 | 0 | 130,033 | 1,148,880 |
| Group Debtors | 0 | 0 | 913,713 | 5,913,701 | 2,123,253 |
| Misc Debtors | 74,914 | 71,639 | 251,094 | 3,396,651 | 2,999,336 |
| Cash | 911,892 | 5,298,837 | 4,381,305 | 10,495,705 | 2,681,079 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 986,806 | 5,370,476 | 5,546,112 | 45,293,035 | 25,501,288 |
| total assets | 11,354,135 | 13,416,984 | 11,468,899 | 51,356,493 | 31,263,535 |
| Bank overdraft | 0 | 0 | 0 | 0 | 22,677 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 21,667,463 | 16,411,172 |
| Group/Directors Accounts | 0 | 0 | 42,000 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 532,923 | 526,963 |
| other current liabilities | 2,268 | 2,268 | 2,268 | 9,713,355 | 6,322,180 |
| total current liabilities | 2,268 | 2,268 | 44,268 | 31,913,741 | 23,282,992 |
| loans | 0 | 0 | 0 | 5,428,010 | 6,494,104 |
| hp & lease commitments | 0 | 0 | 0 | 2,714,005 | 3,247,052 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 274,198 | 43,196 |
| total long term liabilities | 0 | 0 | 0 | 2,851,104 | 3,268,650 |
| total liabilities | 2,268 | 2,268 | 44,268 | 34,764,845 | 26,551,642 |
| net assets | 11,351,867 | 13,414,716 | 11,424,631 | 16,591,648 | 4,711,893 |
| total shareholders funds | 11,351,867 | 13,414,716 | 11,424,631 | 16,591,648 | 4,711,893 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -214 | -180 | -61 | 26,118,555 | 10,271,246 |
| Depreciation | 0 | 0 | 0 | 1,346,815 | 845,092 |
| Amortisation | 0 | 0 | 0 | 1,468,473 | 1,006,997 |
| Tax | 0 | 0 | 0 | -4,496,400 | -1,927,301 |
| Stock | 0 | 0 | -23,956,684 | 7,573,051 | 16,383,633 |
| Debtors | 3,275 | -1,093,168 | -8,275,578 | 3,168,916 | 6,271,469 |
| Creditors | 0 | 0 | -21,667,463 | 5,256,291 | 16,411,172 |
| Accruals and Deferred Income | 0 | 0 | -9,711,087 | 3,391,175 | 6,322,180 |
| Deferred Taxes & Provisions | 0 | 0 | -274,198 | 231,002 | 43,196 |
| Cash flow from operations | -3,489 | 1,092,988 | 579,453 | 22,573,944 | 10,317,480 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 2,320,821 | 2,123,721 | 5,922,787 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -42,000 | 42,000 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -5,428,010 | -1,066,094 | 6,494,104 |
| Hire Purchase and Lease Commitments | 0 | 0 | -3,246,928 | -527,087 | 3,774,015 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -133,456 | -133,456 | -36,929 | -223,985 | -207,467 |
| cash flow from financing | 2,187,365 | 1,948,265 | -17,793,655 | -1,817,081 | 10,118,567 |
| cash and cash equivalents | |||||
| cash | -4,386,945 | 917,532 | -6,114,400 | 7,814,626 | 2,681,079 |
| overdraft | 0 | 0 | 0 | -22,677 | 22,677 |
| change in cash | -4,386,945 | 917,532 | -6,114,400 | 7,837,303 | 2,658,402 |
vipso ltd Credit Report and Business Information
Vipso Ltd Competitor Analysis
Perform a competitor analysis for vipso ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other startup companies, companies in WN8 area or any other competitors across 12 key performance metrics.
vipso ltd Ownership
VIPSO LTD group structure
Vipso Ltd has 2 subsidiary companies.
Ultimate parent company
1 parent
VIPSO LTD
12490362
2 subsidiaries
vipso ltd directors
Vipso Ltd currently has 3 directors. The longest serving directors include Mr Mark Radcliffe (Feb 2020) and Mr Neil Radcliffe (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Radcliffe | England | 45 years | Feb 2020 | - | Director |
| Mr Neil Radcliffe | England | 43 years | Feb 2020 | - | Director |
| Mr Daniel Barton | England | 38 years | Apr 2023 | - | Director |
P&L
September 2023turnover
0
0%
operating profit
-214
+19%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
11.4m
-0.15%
total assets
11.4m
-0.15%
cash
911.9k
-0.83%
net assets
Total assets minus all liabilities
Similar Companies
vipso ltd company details
company number
12490362
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
February 2020
age
4
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
September 2023
address
22 grimrod place, skelmersdale, WN8 9UU
accountant
-
auditor
ERNST & YOUNG LLP
vipso ltd 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 1 charges/mortgages relating to vipso ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
vipso ltd Companies House Filings - See Documents
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