long vere group limited

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long vere group limited Company Information

Share LONG VERE GROUP LIMITED

Company Number

12613544

Shareholders

stephen adams

sarah adams

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Group Structure

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Industry

Activities of head offices

 

Registered Address

8 the pavilions, cranmore drive, shirley, solihull, west midlands, B90 4SB

Website

-

long vere group limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of LONG VERE GROUP LIMITED at £2m based on a Turnover of £3.6m and 0.55x industry multiple (adjusted for size and gross margin).

long vere group limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LONG VERE GROUP LIMITED at £0 based on an EBITDA of £-221.2k and a 4.23x industry multiple (adjusted for size and gross margin).

long vere group limited Estimated Valuation

£84.1k

Pomanda estimates the enterprise value of LONG VERE GROUP LIMITED at £84.1k based on Net Assets of £39.3k and 2.14x industry multiple (adjusted for liquidity).

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Long Vere Group Limited Overview

Long Vere Group Limited is a live company located in solihull, B90 4SB with a Companies House number of 12613544. It operates in the activities of head offices sector, SIC Code 70100. Founded in May 2020, it's largest shareholder is stephen adams with a 55% stake. Long Vere Group Limited is a young, small sized company, Pomanda has estimated its turnover at £3.6m with rapid growth in recent years.

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Long Vere Group Limited Health Check

Pomanda's financial health check has awarded Long Vere Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £3.6m, make it smaller than the average company (£20.3m)

£3.6m - Long Vere Group Limited

£20.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (7.4%)

40% - Long Vere Group Limited

7.4% - Industry AVG

production

Production

with a gross margin of 33.6%, this company has a comparable cost of product (33.6%)

33.6% - Long Vere Group Limited

33.6% - Industry AVG

profitability

Profitability

an operating margin of -6.1% make it less profitable than the average company (5.9%)

-6.1% - Long Vere Group Limited

5.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (110)

1 - Long Vere Group Limited

110 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.7k, the company has an equivalent pay structure (£49.7k)

£49.7k - Long Vere Group Limited

£49.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £3.6m, this is more efficient (£205.6k)

£3.6m - Long Vere Group Limited

£205.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 115 days, this is later than average (45 days)

115 days - Long Vere Group Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is quicker than average (42 days)

11 days - Long Vere Group Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Long Vere Group Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Long Vere Group Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.6%, this is a higher level of debt than the average (55.6%)

96.6% - Long Vere Group Limited

55.6% - Industry AVG

LONG VERE GROUP LIMITED financials

EXPORTms excel logo

Long Vere Group Limited's latest turnover from December 2023 is estimated at £3.6 million and the company has net assets of £39.3 thousand. According to their latest financial statements, Long Vere Group Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020
Turnover3,631,6344,010,6443,171,1341,333,488
Other Income Or Grants0000
Cost Of Sales2,409,8762,670,8432,136,561900,476
Gross Profit1,221,7571,339,8011,034,574433,013
Admin Expenses1,442,9501,345,898707,699430,796
Operating Profit-221,193-6,097326,8752,217
Interest Payable0000
Interest Receivable0000
Pre-Tax Profit-221,193-6,097326,8752,217
Tax00-62,106-421
Profit After Tax-221,193-6,097264,7691,796
Dividends Paid0000
Retained Profit-221,193-6,097264,7691,796
Employee Costs49,72547,02144,02542,700
Number Of Employees1111
EBITDA*-221,193-6,097326,8752,217

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020
Tangible Assets1031031031
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets1031031031
Stock & work in progress0000
Trade Debtors1,147,6941,265,321983,069432,578
Group Debtors0000
Misc Debtors0000
Cash0000
misc current assets0000
total current assets1,147,6941,265,321983,069432,578
total assets1,147,7971,265,424983,172432,579
Bank overdraft0000
Bank loan0000
Trade Creditors 76,304206,196209,196398
Group/Directors Accounts0000
other short term finances0000
hp & lease commitments0000
other current liabilities0000
total current liabilities76,304206,196209,196398
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities1,032,218798,760507,411430,385
provisions0000
total long term liabilities1,032,218798,760507,411430,385
total liabilities1,108,5221,004,956716,607430,783
net assets39,275260,468266,5651,796
total shareholders funds39,275260,468266,5651,796
Dec 2023Dec 2022Dec 2021Dec 2020
Operating Activities
Operating Profit-221,193-6,097326,8752,217
Depreciation0000
Amortisation0000
Tax00-62,106-421
Stock0000
Debtors-117,627282,252550,491432,578
Creditors-129,892-3,000208,798398
Accruals and Deferred Income0000
Deferred Taxes & Provisions0000
Cash flow from operations-233,458-291,349-76,924-430,384
Investing Activities
capital expenditure00-102-1
Change in Investments0000
cash flow from investments00-102-1
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities233,458291,34977,026430,385
share issue0000
interest0000
cash flow from financing233,458291,34977,026430,385
cash and cash equivalents
cash0000
overdraft0000
change in cash0000

long vere group 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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Long Vere Group Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for long vere group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in B90 area or any other competitors across 12 key performance metrics.

long vere group limited Ownership

LONG VERE GROUP LIMITED group structure

Long Vere Group Limited has 1 subsidiary company.

Ultimate parent company

LONG VERE GROUP LIMITED

12613544

1 subsidiary

LONG VERE GROUP LIMITED Shareholders

stephen adams 55%
sarah adams 15%
claire adams 15%
elizabeth adams 15%

long vere group limited directors

Long Vere Group Limited currently has 4 directors. The longest serving directors include Mr Stephen Adams (May 2020) and Ms Elizabeth Adams (Jan 2024).

officercountryagestartendrole
Mr Stephen AdamsEngland60 years May 2020- Director
Ms Elizabeth Adams29 years Jan 2024- Director
Dr Claire AdamsEngland64 years Jan 2024- Director
Ms Sarah AdamsEngland27 years Jan 2024- Director

P&L

December 2023

turnover

3.6m

-9%

operating profit

-221.2k

0%

gross margin

33.7%

+0.71%

turnover

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

Balance Sheet

December 2023

net assets

39.3k

-0.85%

total assets

1.1m

-0.09%

cash

0

0%

net assets

Total assets minus all liabilities

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long vere group limited company details

company number

12613544

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

May 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

8 the pavilions, cranmore drive, shirley, solihull, west midlands, B90 4SB

Bank

-

Legal Advisor

-

long vere group 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 long vere group limited.

long vere group 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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long vere group limited Companies House Filings - See Documents

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