venience ltd
venience ltd Company Information
Company Number
14436212
Next Accounts
Jul 2025
Shareholders
mengting xiong
zheng chu
Group Structure
View All
Industry
Retail sale via mail order houses or via Internet
Registered Address
72 lilliput avenue, northolt, UB5 5PZ
Website
-venience ltd Estimated Valuation
Pomanda estimates the enterprise value of VENIENCE LTD at £30.7k based on a Turnover of £127.7k and 0.24x industry multiple (adjusted for size and gross margin).
venience ltd Estimated Valuation
Pomanda estimates the enterprise value of VENIENCE LTD at £0 based on an EBITDA of £-33.3k and a 2.86x industry multiple (adjusted for size and gross margin).
venience ltd Estimated Valuation
Pomanda estimates the enterprise value of VENIENCE LTD at £0 based on Net Assets of £-33.3k and 2.14x industry multiple (adjusted for liquidity).
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Venience Ltd Overview
Venience Ltd is a live company located in northolt, UB5 5PZ with a Companies House number of 14436212. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in October 2022, it's largest shareholder is mengting xiong with a 99% stake. Venience Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £127.7k with unknown growth in recent years.
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Venience Ltd Health Check
Pomanda's financial health check has awarded Venience 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 £127.7k, make it smaller than the average company (£308.5k)
- Venience Ltd
£308.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Venience Ltd
- - Industry AVG
Production
with a gross margin of 20%, this company has a higher cost of product (37%)
- Venience Ltd
37% - Industry AVG
Profitability
an operating margin of -26% make it less profitable than the average company (2.2%)
- Venience Ltd
2.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Venience Ltd
4 - Industry AVG
Pay Structure
on an average salary of £27.6k, the company has an equivalent pay structure (£27.6k)
- Venience Ltd
£27.6k - Industry AVG
Efficiency
resulting in sales per employee of £63.8k, this is less efficient (£155.9k)
- Venience Ltd
£155.9k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (21 days)
- Venience Ltd
21 days - Industry AVG
Creditor Days
its suppliers are paid after 185 days, this is slower than average (34 days)
- Venience Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Venience Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Venience Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 278%, this is a higher level of debt than the average (73.1%)
278% - Venience Ltd
73.1% - Industry AVG
VENIENCE LTD financials
Venience Ltd's latest turnover from October 2023 is estimated at £127.7 thousand and the company has net assets of -£33.3 thousand. According to their latest financial statements, Venience Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | |
|---|---|
| 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 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | |
|---|---|
| Tangible Assets | 2,149 |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 2,149 |
| Stock & work in progress | |
| Trade Debtors | 16,537 |
| Group Debtors | |
| Misc Debtors | |
| Cash | |
| misc current assets | |
| total current assets | 16,537 |
| total assets | 18,686 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 51,950 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 51,950 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 51,950 |
| net assets | -33,264 |
| total shareholders funds | -33,264 |
| Oct 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 16,537 |
| Creditors | 51,950 |
| Accruals and Deferred Income | |
| 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 | |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | |
| overdraft | |
| change in cash |
venience ltd Credit Report and Business Information
Venience Ltd Competitor Analysis
Perform a competitor analysis for venience ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in UB5 area or any other competitors across 12 key performance metrics.
venience ltd Ownership
VENIENCE LTD group structure
Venience Ltd has no subsidiary companies.
Ultimate parent company
VENIENCE LTD
14436212
venience ltd directors
Venience Ltd currently has 2 directors. The longest serving directors include Mrs Mengting Xiong (Oct 2022) and Dr Zheng Chu (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Mengting Xiong | England | 36 years | Oct 2022 | - | Director |
| Dr Zheng Chu | England | 38 years | Aug 2024 | - | Director |
P&L
October 2023turnover
127.7k
0%
operating profit
-33.3k
0%
gross margin
20%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-33.3k
0%
total assets
18.7k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
venience ltd company details
company number
14436212
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
October 2022
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
72 lilliput avenue, northolt, UB5 5PZ
Bank
-
Legal Advisor
-
venience 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 did not find charges/mortgages relating to venience ltd.
venience 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.
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venience ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
