vspg housing 2 ltd
vspg housing 2 ltd Company Information
Company Number
13133560
Next Accounts
Feb 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Residents property management
Shareholders
ronak singh
Group Structure
View All
Contact
Registered Address
68 daisy bank road, manchester, M14 5QP
Website
-vspg housing 2 ltd Estimated Valuation
Pomanda estimates the enterprise value of VSPG HOUSING 2 LTD at £0 based on a Turnover of £807.3k and 0x industry multiple (adjusted for size and gross margin).
vspg housing 2 ltd Estimated Valuation
Pomanda estimates the enterprise value of VSPG HOUSING 2 LTD at £0 based on an EBITDA of £150.9k and a 0x industry multiple (adjusted for size and gross margin).
vspg housing 2 ltd Estimated Valuation
Pomanda estimates the enterprise value of VSPG HOUSING 2 LTD at £0 based on Net Assets of £80.4k and 0x industry multiple (adjusted for liquidity).
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Vspg Housing 2 Ltd Overview
Vspg Housing 2 Ltd is a live company located in manchester, M14 5QP with a Companies House number of 13133560. It operates in the residents property management sector, SIC Code 98000. Founded in January 2021, it's largest shareholder is ronak singh with a 100% stake. Vspg Housing 2 Ltd is a startup, small sized company, Pomanda has estimated its turnover at £807.3k with unknown growth in recent years.
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Vspg Housing 2 Ltd Health Check
Pomanda's financial health check has awarded Vspg Housing 2 Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £807.3k, make it larger than the average company (£480.9k)
- Vspg Housing 2 Ltd
£480.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Vspg Housing 2 Ltd
- - Industry AVG
Production
with a gross margin of 27.5%, this company has a higher cost of product (72.7%)
- Vspg Housing 2 Ltd
72.7% - Industry AVG
Profitability
an operating margin of 18.7% make it as profitable than the average company (17.2%)
- Vspg Housing 2 Ltd
17.2% - Industry AVG
Employees
with 7 employees, this is above the industry average (4)
7 - Vspg Housing 2 Ltd
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Vspg Housing 2 Ltd
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £115.3k, this is equally as efficient (£123k)
- Vspg Housing 2 Ltd
£123k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Vspg Housing 2 Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 451 days, this is slower than average (33 days)
- Vspg Housing 2 Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vspg Housing 2 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (56 weeks)
0 weeks - Vspg Housing 2 Ltd
56 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90%, this is a higher level of debt than the average (59.2%)
90% - Vspg Housing 2 Ltd
59.2% - Industry AVG
VSPG HOUSING 2 LTD financials
Vspg Housing 2 Ltd's latest turnover from May 2023 is estimated at £807.3 thousand and the company has net assets of £80.4 thousand. According to their latest financial statements, Vspg Housing 2 Ltd has 7 employees and maintains cash reserves of £1.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | |
|---|---|---|
| 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 | 7 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | |
|---|---|---|
| Tangible Assets | 802,905 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 802,905 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 802,905 | 802,905 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 3,380 |
| Cash | 1,515 | 4,094 |
| misc current assets | 0 | 0 |
| total current assets | 1,515 | 7,474 |
| total assets | 804,420 | 810,379 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 724,023 | 690 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 316,176 |
| total current liabilities | 724,023 | 316,866 |
| loans | 0 | 506,432 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 506,432 |
| total liabilities | 724,023 | 823,298 |
| net assets | 80,397 | -12,919 |
| total shareholders funds | 80,397 | -12,919 |
| May 2023 | May 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | -3,380 | 3,380 |
| Creditors | 723,333 | 690 |
| Accruals and Deferred Income | -316,176 | 316,176 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | -802,905 | 802,905 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | -506,432 | 506,432 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -2,579 | 4,094 |
| overdraft | 0 | 0 |
| change in cash | -2,579 | 4,094 |
vspg housing 2 ltd Credit Report and Business Information
Vspg Housing 2 Ltd Competitor Analysis
Perform a competitor analysis for vspg housing 2 ltd by selecting its closest rivals, whether from the ACTIVITIES OF HOUSEHOLDS AS EMPLOYERS; UNDIFFERENTIATED GOODS-AND SERVICES-PRODUCING ACTIVITIES OF HOUSEHOLDS FOR OWN USE sector, other small companies, companies in M14 area or any other competitors across 12 key performance metrics.
vspg housing 2 ltd Ownership
VSPG HOUSING 2 LTD group structure
Vspg Housing 2 Ltd has no subsidiary companies.
Ultimate parent company
VSPG HOUSING 2 LTD
13133560
vspg housing 2 ltd directors
Vspg Housing 2 Ltd currently has 2 directors. The longest serving directors include Mr Ronak Singh (Jan 2021) and Miss Courtney Miller-Campbell (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ronak Singh | United Kingdom | 39 years | Jan 2021 | - | Director |
| Miss Courtney Miller-Campbell | United Kingdom | 29 years | Dec 2023 | - | Director |
P&L
May 2023turnover
807.3k
+15726%
operating profit
150.9k
0%
gross margin
27.6%
-4.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
80.4k
-7.22%
total assets
804.4k
-0.01%
cash
1.5k
-0.63%
net assets
Total assets minus all liabilities
Similar Companies
vspg housing 2 ltd company details
company number
13133560
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.
98000 - Residents property management
incorporation date
January 2021
age
3
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
May 2023
previous names
vsp blocks ltd (March 2023)
accountant
-
auditor
-
address
68 daisy bank road, manchester, M14 5QP
Bank
-
Legal Advisor
-
vspg housing 2 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 11 charges/mortgages relating to vspg housing 2 ltd. Currently there are 9 open charges and 2 have been satisfied in the past.
vspg housing 2 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 VSPG HOUSING 2 LTD. This can take several minutes, an email will notify you when this has completed.
vspg housing 2 ltd Companies House Filings - See Documents
| date | description | view/download |
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