drivers & norris ltd Company Information
Company Number
00696136
Next Accounts
Dec 2025
Industry
Real estate agencies
Shareholders
peter laurence murphy
aw lindesay
View AllGroup Structure
View All
Contact
Registered Address
winston house 2 dollis park, finchley, london, N3 1HF
drivers & norris ltd Estimated Valuation
Pomanda estimates the enterprise value of DRIVERS & NORRIS LTD at £3m based on a Turnover of £1.4m and 2.11x industry multiple (adjusted for size and gross margin).
drivers & norris ltd Estimated Valuation
Pomanda estimates the enterprise value of DRIVERS & NORRIS LTD at £0 based on an EBITDA of £-73.7k and a 7.3x industry multiple (adjusted for size and gross margin).
drivers & norris ltd Estimated Valuation
Pomanda estimates the enterprise value of DRIVERS & NORRIS LTD at £1.2m based on Net Assets of £548.9k and 2.14x industry multiple (adjusted for liquidity).
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Drivers & Norris Ltd Overview
Drivers & Norris Ltd is a live company located in london, N3 1HF with a Companies House number of 00696136. It operates in the real estate agencies sector, SIC Code 68310. Founded in June 1961, it's largest shareholder is peter laurence murphy with a 71.4% stake. Drivers & Norris Ltd is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with high growth in recent years.
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Drivers & Norris Ltd Health Check
Pomanda's financial health check has awarded Drivers & Norris Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £1.4m, make it larger than the average company (£516.3k)
- Drivers & Norris Ltd
£516.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6.7%)
- Drivers & Norris Ltd
6.7% - Industry AVG
Production
with a gross margin of 84.6%, this company has a comparable cost of product (84.6%)
- Drivers & Norris Ltd
84.6% - Industry AVG
Profitability
an operating margin of -7.2% make it less profitable than the average company (5.3%)
- Drivers & Norris Ltd
5.3% - Industry AVG
Employees
with 22 employees, this is above the industry average (13)
22 - Drivers & Norris Ltd
13 - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)
- Drivers & Norris Ltd
£39.4k - Industry AVG
Efficiency
resulting in sales per employee of £64.1k, this is less efficient (£77.3k)
- Drivers & Norris Ltd
£77.3k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is near the average (42 days)
- Drivers & Norris Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 197 days, this is slower than average (38 days)
- Drivers & Norris Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Drivers & Norris Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (33 weeks)
13 weeks - Drivers & Norris Ltd
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.7%, this is a lower level of debt than the average (53.9%)
41.7% - Drivers & Norris Ltd
53.9% - Industry AVG
DRIVERS & NORRIS LTD financials
Drivers & Norris Ltd's latest turnover from March 2024 is estimated at £1.4 million and the company has net assets of £548.9 thousand. According to their latest financial statements, Drivers & Norris Ltd has 22 employees and maintains cash reserves of £103.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 22 | 23 | 21 | 20 | 22 | 21 | 25 | 22 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 60,786 | 80,790 | 61,269 | 51,453 | 45,633 | 23,650 | 18,454 | 26,577 | 23,987 | 19,674 | 29,247 | 31,550 | 37,165 | 49,889 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 17,493 | 87,466 | 157,439 | 224,162 | 293,135 | 362,108 | 431,081 | 500,054 | 552,527 | 559,855 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 35,000 | 35,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 95,786 | 115,790 | 61,269 | 51,453 | 63,126 | 111,116 | 175,893 | 250,739 | 317,122 | 381,782 | 460,328 | 531,604 | 589,692 | 609,744 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 150,639 | 61,766 | 77,588 | 39,145 | 56,004 | 36,747 | 104,563 | 153,718 | 240,627 | 213,335 | 196,881 | 162,642 | 182,436 | 203,675 | 0 |
Group Debtors | 0 | 0 | 585,461 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 591,730 | 606,618 | 61,039 | 48,981 | 59,008 | 38,308 | 43,552 | 16,076 | 60,007 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 103,352 | 239,765 | 288,944 | 952,326 | 529,284 | 488,486 | 294,900 | 237,235 | 2,244,535 | 1,659,888 | 2,612,870 | 2,464,195 | 1,079,658 | 1,069,674 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 845,721 | 908,149 | 1,013,032 | 1,040,452 | 644,296 | 563,541 | 443,015 | 407,029 | 2,545,169 | 1,873,223 | 2,809,751 | 2,626,837 | 1,262,094 | 1,273,349 | 0 |
total assets | 941,507 | 1,023,939 | 1,074,301 | 1,091,905 | 707,422 | 674,657 | 618,908 | 657,768 | 2,862,291 | 2,255,005 | 3,270,079 | 3,158,441 | 1,851,786 | 1,883,093 | 0 |
Bank overdraft | 0 | 0 | 0 | 15,548 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 117,204 | 79,885 | 35,786 | 328,042 | 386,474 | 394,171 | 382,120 | 387,409 | 378,355 | 2,053,968 | 3,106,390 | 2,988,732 | 1,624,784 | 1,846,950 | 0 |
Group/Directors Accounts | 87,500 | 0 | 260,000 | 0 | 0 | 0 | 126,008 | 81,008 | 81,008 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 187,883 | 301,972 | 236,445 | 362,885 | 130,780 | 124,472 | 125,214 | 163,080 | 2,200,414 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 392,587 | 381,857 | 532,231 | 706,475 | 517,254 | 518,643 | 633,342 | 631,497 | 2,659,777 | 2,053,968 | 3,106,390 | 2,988,732 | 1,624,784 | 1,846,950 | 0 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66,410 | 150,026 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66,410 | 150,026 | 0 | 0 |
total liabilities | 392,587 | 381,857 | 532,231 | 706,475 | 517,254 | 518,643 | 633,342 | 631,497 | 2,659,777 | 2,053,968 | 3,106,390 | 3,055,142 | 1,774,810 | 1,846,950 | 0 |
net assets | 548,920 | 642,082 | 542,070 | 385,430 | 190,168 | 156,014 | -14,434 | 26,271 | 202,514 | 201,037 | 163,689 | 103,299 | 76,976 | 36,143 | 0 |
total shareholders funds | 548,920 | 642,082 | 542,070 | 385,430 | 190,168 | 156,014 | -14,434 | 26,271 | 202,514 | 201,037 | 163,689 | 103,299 | 76,976 | 36,143 | 0 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 28,530 | 32,317 | 17,403 | 17,873 | 18,310 | 9,902 | 9,987 | 12,058 | 9,639 | 18,175 | 20,466 | 16,729 | 16,022 | 12,922 | |
Amortisation | 0 | 0 | 0 | 17,493 | 69,973 | 69,973 | 76,723 | 68,973 | 68,973 | 68,973 | 68,973 | 72,473 | 71,809 | 45,394 | |
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 73,985 | -20,704 | 635,962 | -26,886 | 39,957 | -73,060 | -21,679 | -130,840 | 87,299 | 16,454 | 34,239 | -19,794 | -21,239 | 203,675 | 0 |
Creditors | 37,319 | 44,099 | -292,256 | -58,432 | -7,697 | 12,051 | -5,289 | 9,054 | -1,675,613 | -1,052,422 | 117,658 | 1,363,948 | -222,166 | 1,846,950 | 0 |
Accruals and Deferred Income | -114,089 | 65,527 | -126,440 | 232,105 | 6,308 | -742 | -37,866 | -2,037,334 | 2,200,414 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 87,500 | -260,000 | 260,000 | 0 | 0 | -126,008 | 45,000 | 0 | 81,008 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -66,410 | -83,616 | 150,026 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -136,413 | -49,179 | -663,382 | 423,042 | 40,798 | 193,586 | 57,665 | -2,007,300 | 584,647 | -952,982 | 148,675 | 1,384,537 | 9,984 | 1,069,674 | 0 |
overdraft | 0 | 0 | -15,548 | 15,548 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -136,413 | -49,179 | -647,834 | 407,494 | 40,798 | 193,586 | 57,665 | -2,007,300 | 584,647 | -952,982 | 148,675 | 1,384,537 | 9,984 | 1,069,674 | 0 |
drivers & norris ltd Credit Report and Business Information
Drivers & Norris Ltd Competitor Analysis
Perform a competitor analysis for drivers & norris ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N 3 area or any other competitors across 12 key performance metrics.
drivers & norris ltd Ownership
DRIVERS & NORRIS LTD group structure
Drivers & Norris Ltd has no subsidiary companies.
Ultimate parent company
DRIVERS & NORRIS LTD
00696136
drivers & norris ltd directors
Drivers & Norris Ltd currently has 2 directors. The longest serving directors include Mr Peter Murphy (Oct 1992) and Mr Scott Hailou (May 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Peter Murphy | 79 years | Oct 1992 | - | Director | |
Mr Scott Hailou | England | 50 years | May 2018 | - | Director |
P&L
March 2024turnover
1.4m
+15%
operating profit
-102.2k
0%
gross margin
84.7%
-3.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
548.9k
-0.15%
total assets
941.5k
-0.08%
cash
103.4k
-0.57%
net assets
Total assets minus all liabilities
drivers & norris ltd company details
company number
00696136
Type
Private limited with Share Capital
industry
68310 - Real estate agencies
incorporation date
June 1961
age
63
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
wards (properties) limited (January 2010)
accountant
-
auditor
-
address
winston house 2 dollis park, finchley, london, N3 1HF
Bank
-
Legal Advisor
-
drivers & norris 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 21 charges/mortgages relating to drivers & norris ltd. Currently there are 1 open charges and 20 have been satisfied in the past.
drivers & norris 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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drivers & norris ltd Companies House Filings - See Documents
date | description | view/download |
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