vsp payroll services limited
vsp payroll services limited Company Information
Company Number
12864264
Next Accounts
Jun 2025
Industry
Other human resources provision
Directors
Shareholders
victoria parkinson
Group Structure
View All
Contact
Registered Address
188 victoria avenue, hull, HU5 3DY
Website
-vsp payroll services limited Estimated Valuation
Pomanda estimates the enterprise value of VSP PAYROLL SERVICES LIMITED at £10.6k based on a Turnover of £46.8k and 0.23x industry multiple (adjusted for size and gross margin).
vsp payroll services limited Estimated Valuation
Pomanda estimates the enterprise value of VSP PAYROLL SERVICES LIMITED at £48.3k based on an EBITDA of £14.4k and a 3.35x industry multiple (adjusted for size and gross margin).
vsp payroll services limited Estimated Valuation
Pomanda estimates the enterprise value of VSP PAYROLL SERVICES LIMITED at £53.6k based on Net Assets of £33.3k and 1.61x industry multiple (adjusted for liquidity).
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Vsp Payroll Services Limited Overview
Vsp Payroll Services Limited is a live company located in hull, HU5 3DY with a Companies House number of 12864264. It operates in the human resources provision and management of human resources functions sector, SIC Code 78300. Founded in September 2020, it's largest shareholder is victoria parkinson with a 100% stake. Vsp Payroll Services Limited is a startup, micro sized company, Pomanda has estimated its turnover at £46.8k with unknown growth in recent years.
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Vsp Payroll Services Limited Health Check
Pomanda's financial health check has awarded Vsp Payroll Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £46.8k, make it smaller than the average company (£5.5m)
- Vsp Payroll Services Limited
£5.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Vsp Payroll Services Limited
- - Industry AVG
Production
with a gross margin of 21.5%, this company has a comparable cost of product (21.5%)
- Vsp Payroll Services Limited
21.5% - Industry AVG
Profitability
an operating margin of 30.9% make it more profitable than the average company (3.1%)
- Vsp Payroll Services Limited
3.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (40)
1 - Vsp Payroll Services Limited
40 - Industry AVG
Pay Structure
on an average salary of £52.8k, the company has an equivalent pay structure (£52.8k)
- Vsp Payroll Services Limited
£52.8k - Industry AVG
Efficiency
resulting in sales per employee of £46.8k, this is less efficient (£93.1k)
- Vsp Payroll Services Limited
£93.1k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (53 days)
- Vsp Payroll Services Limited
53 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Vsp Payroll Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vsp Payroll Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (11 weeks)
5 weeks - Vsp Payroll Services Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12%, this is a lower level of debt than the average (78.1%)
12% - Vsp Payroll Services Limited
78.1% - Industry AVG
VSP PAYROLL SERVICES LIMITED financials
Vsp Payroll Services Limited's latest turnover from September 2023 is estimated at £46.8 thousand and the company has net assets of £33.3 thousand. According to their latest financial statements, Vsp Payroll Services Limited has 1 employee and maintains cash reserves of £451 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 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 | 1 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 2,334 | 920 | 2,252 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 35,000 | 0 | 8,500 |
| Cash | 451 | 23,608 | 6,340 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 37,785 | 24,528 | 17,092 |
| total assets | 37,785 | 24,528 | 17,092 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 |
| Group/Directors Accounts | 1,212 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 3,321 | 2,573 | 3,247 |
| total current liabilities | 4,533 | 2,573 | 3,247 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 4,533 | 2,573 | 3,247 |
| net assets | 33,252 | 21,955 | 13,845 |
| total shareholders funds | 33,252 | 21,955 | 13,845 |
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 36,414 | -9,832 | 10,752 |
| Creditors | 0 | 0 | 0 |
| Accruals and Deferred Income | 748 | -674 | 3,247 |
| 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 | 1,212 | 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 | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -23,157 | 17,268 | 6,340 |
| overdraft | 0 | 0 | 0 |
| change in cash | -23,157 | 17,268 | 6,340 |
vsp payroll services limited Credit Report and Business Information
Vsp Payroll Services Limited Competitor Analysis
Perform a competitor analysis for vsp payroll services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in HU5 area or any other competitors across 12 key performance metrics.
vsp payroll services limited Ownership
VSP PAYROLL SERVICES LIMITED group structure
Vsp Payroll Services Limited has no subsidiary companies.
Ultimate parent company
VSP PAYROLL SERVICES LIMITED
12864264
vsp payroll services limited directors
Vsp Payroll Services Limited currently has 1 director, Mrs Victoria Parkinson serving since Sep 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Victoria Parkinson | United Kingdom | 42 years | Sep 2020 | - | Director |
P&L
September 2023turnover
46.8k
-44%
operating profit
14.4k
0%
gross margin
21.6%
+5.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
33.3k
+0.51%
total assets
37.8k
+0.54%
cash
451
-0.98%
net assets
Total assets minus all liabilities
Similar Companies
vsp payroll services limited company details
company number
12864264
Type
Private limited with Share Capital
industry
78300 - Other human resources provision
incorporation date
September 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
VSP ACCOUNTANCY SERVICES
auditor
-
address
188 victoria avenue, hull, HU5 3DY
Bank
-
Legal Advisor
-
vsp payroll services 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 vsp payroll services limited.
vsp payroll services 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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vsp payroll services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
