vavoom finance group limited
vavoom finance group limited Company Information
Company Number
13154795
Website
-Registered Address
lake view lakeside, cheadle, SK8 3GW
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
cindy moser 92%
stuart adam 8%
vavoom finance group limited Estimated Valuation
Pomanda estimates the enterprise value of VAVOOM FINANCE GROUP LIMITED at £815.1k based on a Turnover of £517.4k and 1.58x industry multiple (adjusted for size and gross margin).
vavoom finance group limited Estimated Valuation
Pomanda estimates the enterprise value of VAVOOM FINANCE GROUP LIMITED at £0 based on an EBITDA of £-196.6k and a 4.63x industry multiple (adjusted for size and gross margin).
vavoom finance group limited Estimated Valuation
Pomanda estimates the enterprise value of VAVOOM FINANCE GROUP LIMITED at £0 based on Net Assets of £-73.3k and 0.56x industry multiple (adjusted for liquidity).
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Vavoom Finance Group Limited Overview
Vavoom Finance Group Limited is a live company located in cheadle, SK8 3GW with a Companies House number of 13154795. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in January 2021, it's largest shareholder is cindy moser with a 92% stake. Vavoom Finance Group Limited is a startup, small sized company, Pomanda has estimated its turnover at £517.4k with unknown growth in recent years.
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Vavoom Finance Group Limited Health Check
Pomanda's financial health check has awarded Vavoom Finance Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £517.4k, make it smaller than the average company (£2.9m)
£517.4k - Vavoom Finance Group Limited
£2.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Vavoom Finance Group Limited
- - Industry AVG
Production
with a gross margin of 82.9%, this company has a lower cost of product (66.3%)
82.9% - Vavoom Finance Group Limited
66.3% - Industry AVG
Profitability
an operating margin of -38.5% make it less profitable than the average company (25.5%)
-38.5% - Vavoom Finance Group Limited
25.5% - Industry AVG
Employees
with 10 employees, this is above the industry average (5)
10 - Vavoom Finance Group Limited
5 - Industry AVG
Pay Structure
on an average salary of £66.1k, the company has an equivalent pay structure (£66.1k)
- Vavoom Finance Group Limited
£66.1k - Industry AVG
Efficiency
resulting in sales per employee of £51.7k, this is less efficient (£381.8k)
£51.7k - Vavoom Finance Group Limited
£381.8k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is earlier than average (261 days)
47 days - Vavoom Finance Group Limited
261 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Vavoom Finance Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Vavoom Finance Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (15 weeks)
31 weeks - Vavoom Finance Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 162.6%, this is a higher level of debt than the average (89.6%)
162.6% - Vavoom Finance Group Limited
89.6% - Industry AVG
VAVOOM FINANCE GROUP LIMITED financials
Vavoom Finance Group Limited's latest turnover from January 2023 is £517.4 thousand and the company has net assets of -£73.3 thousand. According to their latest financial statements, Vavoom Finance Group Limited has 10 employees and maintains cash reserves of £43.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | |
|---|---|---|
| Turnover | 517,411 | 86,220 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 88,391 | 59,929 |
| Gross Profit | 429,020 | 26,291 |
| Admin Expenses | 628,040 | 396,800 |
| Operating Profit | -199,020 | -370,509 |
| Interest Payable | 6,962 | 0 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | -205,982 | -370,509 |
| Tax | 0 | 0 |
| Profit After Tax | -205,982 | -370,509 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -205,982 | -370,509 |
| Employee Costs | ||
| Number Of Employees | 10 | 6 |
| EBITDA* | -196,625 | -369,120 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | |
|---|---|---|
| Tangible Assets | 6,757 | 6,686 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 6,757 | 6,686 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 67,085 | 3,889 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 80 | 18,282 |
| Cash | 43,061 | 2,614 |
| misc current assets | 0 | 0 |
| total current assets | 110,226 | 24,785 |
| total assets | 116,983 | 31,471 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 3,026 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 71,940 | 8,854 |
| total current liabilities | 71,940 | 11,880 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 118,326 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 118,326 | 0 |
| total liabilities | 190,266 | 11,880 |
| net assets | -73,283 | 19,591 |
| total shareholders funds | -73,283 | 19,591 |
| Jan 2023 | Jan 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -199,020 | -370,509 |
| Depreciation | 2,395 | 1,389 |
| Amortisation | 0 | 0 |
| Tax | 0 | 0 |
| Stock | 0 | 0 |
| Debtors | 44,994 | 22,171 |
| Creditors | -3,026 | 3,026 |
| Accruals and Deferred Income | 63,086 | 8,854 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | -181,559 | -379,411 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 118,326 | 0 |
| share issue | ||
| interest | -6,962 | 0 |
| cash flow from financing | 224,472 | 390,100 |
| cash and cash equivalents | ||
| cash | 40,447 | 2,614 |
| overdraft | 0 | 0 |
| change in cash | 40,447 | 2,614 |
vavoom finance group limited Credit Report and Business Information
Vavoom Finance Group Limited Competitor Analysis
Perform a competitor analysis for vavoom finance group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in SK8 area or any other competitors across 12 key performance metrics.
vavoom finance group limited Ownership
VAVOOM FINANCE GROUP LIMITED group structure
Vavoom Finance Group Limited has no subsidiary companies.
Ultimate parent company
VAVOOM FINANCE GROUP LIMITED
13154795
vavoom finance group limited directors
Vavoom Finance Group Limited currently has 2 directors. The longest serving directors include Mr Stuart Adam (Oct 2021) and Mr Robert Ward (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Adam | England | 41 years | Oct 2021 | - | Director |
| Mr Robert Ward | England | 71 years | Jun 2024 | - | Director |
P&L
January 2023turnover
517.4k
+500%
operating profit
-199k
-46%
gross margin
83%
+171.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
-73.3k
-4.74%
total assets
117k
+2.72%
cash
43.1k
+15.47%
net assets
Total assets minus all liabilities
Similar Companies
vavoom finance group limited company details
company number
13154795
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
January 2021
age
3
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
January 2023
address
lake view lakeside, cheadle, SK8 3GW
accountant
KJG
auditor
-
vavoom finance 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 found 1 charges/mortgages relating to vavoom finance group limited. Currently there are 1 open charges and 0 have been satisfied in the past.
vavoom finance group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
