verve homespace ltd
verve homespace ltd Company Information
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
the stables towcester road, milton malsor, northampton, NN7 3AP
Website
-verve homespace ltd Estimated Valuation
Pomanda estimates the enterprise value of VERVE HOMESPACE LTD at £94.2k based on a Turnover of £40.2k and 2.34x industry multiple (adjusted for size and gross margin).
verve homespace ltd Estimated Valuation
Pomanda estimates the enterprise value of VERVE HOMESPACE LTD at £0 based on an EBITDA of £-608 and a 4.71x industry multiple (adjusted for size and gross margin).
verve homespace ltd Estimated Valuation
Pomanda estimates the enterprise value of VERVE HOMESPACE LTD at £564 based on Net Assets of £320 and 1.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Verve Homespace Ltd Overview
Verve Homespace Ltd is a live company located in northampton, NN7 3AP with a Companies House number of 13082043. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2020, it's largest shareholder is stephen allan with a 100% stake. Verve Homespace Ltd is a young, micro sized company, Pomanda has estimated its turnover at £40.2k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Verve Homespace Ltd Health Check
Pomanda's financial health check has awarded Verve Homespace Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £40.2k, make it smaller than the average company (£855k)
- Verve Homespace Ltd
£855k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Verve Homespace Ltd
- - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (73%)
- Verve Homespace Ltd
73% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (26.5%)
- Verve Homespace Ltd
26.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Verve Homespace Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
- Verve Homespace Ltd
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £40.2k, this is less efficient (£179k)
- Verve Homespace Ltd
£179k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (32 days)
- Verve Homespace Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 1087 days, this is slower than average (36 days)
- Verve Homespace Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Verve Homespace Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Verve Homespace Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (67.7%)
99.9% - Verve Homespace Ltd
67.7% - Industry AVG
VERVE HOMESPACE LTD financials
Verve Homespace Ltd's latest turnover from November 2023 is estimated at £40.2 thousand and the company has net assets of £320. According to their latest financial statements, we estimate that Verve Homespace Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| Tangible Assets | 294,635 | 294,635 | 294,635 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 294,635 | 294,635 | 294,635 |
| Stock & work in progress | |||
| Trade Debtors | 4,389 | 5,152 | 1,751 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 4,389 | 5,152 | 1,751 |
| total assets | 299,024 | 299,787 | 296,386 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 83,820 | 84,035 | 83,160 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 83,820 | 84,035 | 83,160 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 660 | 600 | 600 |
| other liabilities | 214,224 | 214,224 | 214,224 |
| provisions | |||
| total long term liabilities | 214,884 | 214,824 | 214,824 |
| total liabilities | 298,704 | 298,859 | 297,984 |
| net assets | 320 | 928 | -1,598 |
| total shareholders funds | 320 | 928 | -1,598 |
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -763 | 3,401 | 1,751 |
| Creditors | -215 | 875 | 83,160 |
| Accruals and Deferred Income | 60 | 600 | |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 214,224 | ||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
verve homespace ltd Credit Report and Business Information
Verve Homespace Ltd Competitor Analysis
Perform a competitor analysis for verve homespace ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NN7 area or any other competitors across 12 key performance metrics.
verve homespace ltd Ownership
VERVE HOMESPACE LTD group structure
Verve Homespace Ltd has no subsidiary companies.
Ultimate parent company
VERVE HOMESPACE LTD
13082043
verve homespace ltd directors
Verve Homespace Ltd currently has 1 director, Mr Stephen Allan serving since Dec 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Allan | England | 50 years | Dec 2020 | - | Director |
P&L
November 2023turnover
40.2k
-9%
operating profit
-608
0%
gross margin
30.1%
+5.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
320
-0.66%
total assets
299k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
verve homespace ltd company details
company number
13082043
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
December 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
ISHAM ACCOUNTING SERVICES LIMITED
auditor
-
address
the stables towcester road, milton malsor, northampton, NN7 3AP
Bank
-
Legal Advisor
-
verve homespace 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 verve homespace ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
verve homespace ltd 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.
Click to start generating capital raising & share issue transactions for VERVE HOMESPACE LTD. This can take several minutes, an email will notify you when this has completed.
verve homespace ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
