viberoptix opco ltd
viberoptix opco ltd Company Information
Company Number
NI666759
Website
-Registered Address
76 ballynakilly road, dungannon, BT71 6HD
Industry
Wired telecommunications activities
Telephone
02887658123
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
fibrus ltd 100%
viberoptix opco ltd Estimated Valuation
Pomanda estimates the enterprise value of VIBEROPTIX OPCO LTD at £135.7m based on a Turnover of £78.8m and 1.72x industry multiple (adjusted for size and gross margin).
viberoptix opco ltd Estimated Valuation
Pomanda estimates the enterprise value of VIBEROPTIX OPCO LTD at £75.5m based on an EBITDA of £12.8m and a 5.91x industry multiple (adjusted for size and gross margin).
viberoptix opco ltd Estimated Valuation
Pomanda estimates the enterprise value of VIBEROPTIX OPCO LTD at £43.8m based on Net Assets of £13.8m and 3.17x industry multiple (adjusted for liquidity).
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Viberoptix Opco Ltd Overview
Viberoptix Opco Ltd is a live company located in dungannon, BT71 6HD with a Companies House number of NI666759. It operates in the wired telecommunications activities sector, SIC Code 61100. Founded in January 2020, it's largest shareholder is fibrus ltd with a 100% stake. Viberoptix Opco Ltd is a startup, large sized company, Pomanda has estimated its turnover at £78.8m with rapid growth in recent years.
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Viberoptix Opco Ltd Health Check
Pomanda's financial health check has awarded Viberoptix Opco Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
1 Regular
2 Weak
Size
annual sales of £78.8m, make it larger than the average company (£4.1m)
£78.8m - Viberoptix Opco Ltd
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 195%, show it is growing at a faster rate (3.3%)
195% - Viberoptix Opco Ltd
3.3% - Industry AVG
Production
with a gross margin of 25.3%, this company has a higher cost of product (38.1%)
25.3% - Viberoptix Opco Ltd
38.1% - Industry AVG
Profitability
an operating margin of 15.3% make it more profitable than the average company (2.5%)
15.3% - Viberoptix Opco Ltd
2.5% - Industry AVG
Employees
with 345 employees, this is above the industry average (51)
345 - Viberoptix Opco Ltd
51 - Industry AVG
Pay Structure
on an average salary of £53.1k, the company has an equivalent pay structure (£49.7k)
£53.1k - Viberoptix Opco Ltd
£49.7k - Industry AVG
Efficiency
resulting in sales per employee of £228.4k, this is more efficient (£143.8k)
£228.4k - Viberoptix Opco Ltd
£143.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (37 days)
0 days - Viberoptix Opco Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (52 days)
13 days - Viberoptix Opco Ltd
52 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (7 days)
2 days - Viberoptix Opco Ltd
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (16 weeks)
23 weeks - Viberoptix Opco Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.3%, this is a lower level of debt than the average (69.5%)
37.3% - Viberoptix Opco Ltd
69.5% - Industry AVG
VIBEROPTIX OPCO LTD financials
Viberoptix Opco Ltd's latest turnover from March 2023 is £78.8 million and the company has net assets of £13.8 million. According to their latest financial statements, Viberoptix Opco Ltd has 345 employees and maintains cash reserves of £3.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Turnover | 78,802,642 | 17,540,454 | 3,062,958 |
| Other Income Or Grants | 0 | 0 | 0 |
| Cost Of Sales | 58,870,456 | 12,901,124 | 2,033,549 |
| Gross Profit | 19,932,186 | 4,639,330 | 1,029,409 |
| Admin Expenses | 7,880,108 | 2,093,183 | 683,191 |
| Operating Profit | 12,052,078 | 2,546,147 | 346,218 |
| Interest Payable | 92,281 | 218,540 | 6,590 |
| Interest Receivable | 29 | 30 | 0 |
| Pre-Tax Profit | 11,959,826 | 2,327,637 | 397,692 |
| Tax | -682,180 | -408,420 | -76,659 |
| Profit After Tax | 11,277,646 | 1,919,217 | 321,033 |
| Dividends Paid | 0 | 0 | 0 |
| Retained Profit | 11,277,646 | 1,919,217 | 321,033 |
| Employee Costs | 18,334,293 | 6,485,585 | 1,551,133 |
| Number Of Employees | 345 | 160 | 79 |
| EBITDA* | 12,781,391 | 2,846,702 | 388,914 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Tangible Assets | 2,793,927 | 1,512,502 | 896,094 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 2,793,927 | 1,512,502 | 896,094 |
| Stock & work in progress | 454,433 | 42,387 | 0 |
| Trade Debtors | 147,447 | 3,266,066 | 1,319,754 |
| Group Debtors | 8,030,710 | 0 | 0 |
| Misc Debtors | 7,271,612 | 671,554 | 59,977 |
| Cash | 3,328,910 | 2,240,195 | 283,202 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 19,233,112 | 6,220,202 | 1,662,933 |
| total assets | 22,027,039 | 7,732,704 | 2,559,027 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 2,158,965 | 403,851 | 359,599 |
| Group/Directors Accounts | 0 | 444,216 | 778,643 |
| other short term finances | 0 | 166,984 | 0 |
| hp & lease commitments | 332,902 | 173,040 | 107,761 |
| other current liabilities | 4,831,288 | 2,098,065 | 262,388 |
| total current liabilities | 7,323,155 | 3,286,156 | 1,508,391 |
| loans | 0 | 1,333,016 | 50,000 |
| hp & lease commitments | 330,910 | 307,927 | 302,944 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 555,078 | 265,355 | 76,659 |
| total long term liabilities | 885,988 | 1,906,298 | 429,603 |
| total liabilities | 8,209,143 | 5,192,454 | 1,937,994 |
| net assets | 13,817,896 | 2,540,250 | 621,033 |
| total shareholders funds | 13,817,896 | 2,540,250 | 621,033 |
| Mar 2023 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 12,052,078 | 2,546,147 | 346,218 |
| Depreciation | 729,313 | 300,555 | 42,696 |
| Amortisation | 0 | 0 | 0 |
| Tax | -682,180 | -408,420 | -76,659 |
| Stock | 454,433 | 42,387 | 0 |
| Debtors | 15,449,769 | 2,557,889 | 1,379,731 |
| Creditors | 2,158,965 | 44,252 | 359,599 |
| Accruals and Deferred Income | 4,831,288 | 1,835,677 | 262,388 |
| Deferred Taxes & Provisions | 555,078 | 188,696 | 76,659 |
| Cash flow from operations | 3,740,340 | 1,906,631 | -368,830 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -334,427 | 778,643 |
| Other Short Term Loans | 0 | 166,984 | 0 |
| Long term loans | 0 | 1,283,016 | 50,000 |
| Hire Purchase and Lease Commitments | 663,812 | 70,262 | 410,705 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | -92,252 | -218,510 | -6,590 |
| cash flow from financing | 3,111,810 | 967,325 | 1,532,758 |
| cash and cash equivalents | |||
| cash | 3,328,910 | 1,956,993 | 283,202 |
| overdraft | 0 | 0 | 0 |
| change in cash | 3,328,910 | 1,956,993 | 283,202 |
viberoptix opco ltd Credit Report and Business Information
Viberoptix Opco Ltd Competitor Analysis
Perform a competitor analysis for viberoptix opco ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in BT71 area or any other competitors across 12 key performance metrics.
viberoptix opco ltd Ownership
VIBEROPTIX OPCO LTD group structure
Viberoptix Opco Ltd has no subsidiary companies.
Ultimate parent company
2 parents
VIBEROPTIX OPCO LTD
NI666759
viberoptix opco ltd directors
Viberoptix Opco Ltd currently has 6 directors. The longest serving directors include Mr Sean Brennan (Jan 2020) and Mr Naomhan McCrory (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sean Brennan | Northern Ireland | 52 years | Jan 2020 | - | Director |
| Mr Naomhan McCrory | Northern Ireland | 44 years | May 2020 | - | Director |
| Mr Dominic Kearns | United Kingdom | 39 years | Mar 2022 | - | Director |
| Mr Dominic Kearns | United Kingdom | 39 years | Mar 2022 | - | Director |
| Mr Conal Henry | Northern Ireland | 55 years | Mar 2022 | - | Director |
| Mr Lee Crossingham | Northern Ireland | 36 years | Apr 2023 | - | Director |
P&L
March 2023turnover
78.8m
0%
operating profit
12.1m
0%
gross margin
25.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
13.8m
0%
total assets
22m
0%
cash
3.3m
0%
net assets
Total assets minus all liabilities
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viberoptix opco ltd company details
company number
NI666759
Type
Private limited with Share Capital
industry
61100 - Wired telecommunications activities
incorporation date
January 2020
age
4
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON (NI) LLP
address
76 ballynakilly road, dungannon, BT71 6HD
Bank
DANSKE BANK
Legal Advisor
-
viberoptix opco 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 2 charges/mortgages relating to viberoptix opco ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
viberoptix opco ltd Companies House Filings - See Documents
| date | description | view/download |
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