venience ltd

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venience ltd Company Information

Share VENIENCE LTD

Company Number

14436212

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

£30.7k

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

£0

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

£0

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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £127.7k, make it smaller than the average company (£308.5k)

£127.7k - Venience Ltd

£308.5k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Venience Ltd

- - Industry AVG

production

Production

with a gross margin of 20%, this company has a higher cost of product (37%)

20% - Venience Ltd

37% - Industry AVG

profitability

Profitability

an operating margin of -26% make it less profitable than the average company (2.2%)

-26% - Venience Ltd

2.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Venience Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.6k, the company has an equivalent pay structure (£27.6k)

£27.6k - Venience Ltd

£27.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £63.8k, this is less efficient (£155.9k)

£63.8k - Venience Ltd

£155.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is later than average (21 days)

47 days - Venience Ltd

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 185 days, this is slower than average (34 days)

185 days - Venience Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Venience Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Venience Ltd

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Oct 2023
Turnover127,674
Other Income Or Grants
Cost Of Sales102,193
Gross Profit25,481
Admin Expenses58,745
Operating Profit-33,264
Interest Payable
Interest Receivable
Pre-Tax Profit-33,264
Tax
Profit After Tax-33,264
Dividends Paid
Retained Profit-33,264
Employee Costs55,144
Number Of Employees2
EBITDA*-33,264

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023
Tangible Assets2,149
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,149
Stock & work in progress
Trade Debtors16,537
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets16,537
total assets18,686
Bank overdraft
Bank loan
Trade Creditors 51,950
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities51,950
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities51,950
net assets-33,264
total shareholders funds-33,264
Oct 2023
Operating Activities
Operating Profit-33,264
Depreciation
Amortisation
Tax
Stock
Debtors16,537
Creditors51,950
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations2,149
Investing Activities
capital expenditure-2,149
Change in Investments
cash flow from investments-2,149
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

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Venience Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

mengting xiong 99%
zheng chu 1%

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).

officercountryagestartendrole
Mrs Mengting XiongEngland36 years Oct 2022- Director
Dr Zheng ChuEngland38 years Aug 2024- Director

P&L

October 2023

turnover

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 2023

net assets

-33.3k

0%

total assets

18.7k

0%

cash

0

0%

net assets

Total assets minus all liabilities

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Similar companies unavailable for this selection

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

None

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

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