Pomanda estimates the enterprise value of VGATHER LIMITED at £99.5k based on a Turnover of £149.4k and 0.67x industry multiple (adjusted for size and gross margin).
vgather limitedEstimated Valuation
£164.8k
Pomanda estimates the enterprise value of VGATHER LIMITED at £164.8k based on an EBITDA of £43.8k and a 3.76x industry multiple (adjusted for size and gross margin).
vgather limitedEstimated Valuation
£107.3k
Pomanda estimates the enterprise value of VGATHER LIMITED at £107.3k based on Net Assets of £57k and 1.88x industry multiple (adjusted for liquidity).
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Vgather LimitedOverview
Vgather Limited is a live company located in milton keynes, MK15 9JW with a Companies House number of 12733284. It operates in the ready-made interactive leisure and entertainment software development sector, SIC Code 62011. Founded in July 2020, it's largest shareholder is
majid al-kader
with a 21.2% stake. Vgather Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£149.4k with
declining
growth in recent years.
Pomanda's financial health check has awarded Vgather Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £149.4k, make it smaller than the average company (£8.2m)
£149.4k - Vgather Limited
£8.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (10.5%)
-22% - Vgather Limited
10.5% - Industry AVG
Production
with a gross margin of 58%, this company has a comparable cost of product (58%)
58% - Vgather Limited
58% - Industry AVG
Profitability
an operating margin of 28.7% make it more profitable than the average company (3.8%)
28.7% - Vgather Limited
3.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (51)
1 - Vgather Limited
51 - Industry AVG
Pay Structure
on an average salary of £55.1k, the company has an equivalent pay structure (£61.2k)
£55.1k - Vgather Limited
£61.2k - Industry AVG
Efficiency
resulting in sales per employee of £149.4k, this is equally as efficient (£154.3k)
£149.4k - Vgather Limited
£154.3k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (41 days)
53 days - Vgather Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is slower than average (20 days)
25 days - Vgather Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Vgather Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 71 weeks, this is more cash available to meet short term requirements (19 weeks)
71 weeks - Vgather Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.7%, this is a higher level of debt than the average (47%)
60.7% - Vgather Limited
47% - Industry AVG
VGATHER LIMITED financials
EXPORT
Vgather Limited's latest turnover from March 2024 is estimated at £149.4 thousand and the company has net assets of £57 thousand. According to their latest financial statements, we estimate that Vgather Limited has 1 employee and maintains cash reserves of £120.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Jul 2021
Turnover
149,414
123,926
546,919
315,792
Other Income Or Grants
Cost Of Sales
62,794
53,923
279,272
160,710
Gross Profit
86,620
70,003
267,646
155,082
Admin Expenses
43,723
286,834
383,483
401,209
Operating Profit
42,897
-216,831
-115,837
-246,127
Interest Payable
Interest Receivable
4,938
1,628
375
45
Pre-Tax Profit
47,835
-215,203
-115,462
-246,082
Tax
-11,959
Profit After Tax
35,876
-215,203
-115,462
-246,082
Dividends Paid
Retained Profit
35,876
-215,203
-115,462
-246,082
Employee Costs
55,055
84,076
217,163
Number Of Employees
1
2
4
4
EBITDA*
43,821
-216,110
-115,535
-246,127
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Jul 2021
Tangible Assets
860
1,784
1,056
1,358
Intangible Assets
346
388
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,206
2,172
1,056
1,358
Stock & work in progress
Trade Debtors
21,840
6,000
30,000
Group Debtors
Misc Debtors
1,054
8,903
37,429
6,389
Cash
120,899
67,221
9,368
90,763
misc current assets
2,514
total current assets
143,793
82,124
49,311
127,152
total assets
144,999
84,296
50,367
128,510
Bank overdraft
Bank loan
Trade Creditors
4,360
1,720
2,117
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
83,590
61,403
63,991
197,475
total current liabilities
87,950
63,123
63,991
199,592
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
87,950
63,123
63,991
199,592
net assets
57,049
21,173
-13,624
-71,082
total shareholders funds
57,049
21,173
-13,624
-71,082
Mar 2024
Mar 2023
Mar 2022
Jul 2021
Operating Activities
Operating Profit
42,897
-216,831
-115,837
-246,127
Depreciation
924
689
302
Amortisation
32
Tax
-11,959
Stock
Debtors
7,991
-22,526
1,040
36,389
Creditors
2,640
1,720
-2,117
2,117
Accruals and Deferred Income
22,187
-2,588
-133,484
197,475
Deferred Taxes & Provisions
Cash flow from operations
48,698
-194,452
-252,176
-82,924
Investing Activities
capital expenditure
42
-1,837
-1,358
Change in Investments
cash flow from investments
42
-1,837
-1,358
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
250,000
172,920
175,000
interest
4,938
1,628
375
45
cash flow from financing
4,938
251,628
173,295
175,045
cash and cash equivalents
cash
53,678
57,853
-81,395
90,763
overdraft
change in cash
53,678
57,853
-81,395
90,763
vgather 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 vgather limited. Get real-time insights into vgather limited's credit score, group structure and payment trends.
Perform a competitor analysis for vgather limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in MK15 area or any other competitors across 12 key performance metrics.
vgather limited Ownership
VGATHER LIMITED group structure
Vgather Limited has no subsidiary companies.
Ultimate parent company
VGATHER LIMITED
12733284
VGATHER LIMITED Shareholders
The largest shareholders in Vgather Limited include Majid Al-Kader and Ghassan Sultan.
majid al-kader
21.2%
ghassan sultan
19.69%
nasets kapital forvaltning ab
14.37%
jason bruno acker holt
12.87%
douglas o'neill
12.87%
anthony chambers
10.42%
aktiva event sverige ab
3.75%
house of helin ab
3.75%
gary bluston
0.75%
francis marinho
0.34%
vgather limited directors
Vgather Limited currently has 5 directors.
The longest serving directors include
Mr Jason Holt (Jul 2020) and
Mr Douglas O'Neill (Jul 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
57k
+1.69%
total assets
145k
+0.72%
cash
120.9k
+0.8%
net assets
Total assets minus all liabilities
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vgather limited company details
company number
12733284
Type
Private limited with Share Capital
industry
62011 - Ready-made interactive leisure and entertainment software development
incorporation date
July 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
vtrue ltd (March 2021)
accountant
JENNER ACCOUNTANTS LIMITED
auditor
-
address
1 portland drive, willen, milton keynes, MK15 9JW
Bank
-
Legal Advisor
-
vgather 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 vgather limited.
vgather 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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vgather limitedCompanies House Filings - See Documents
