Pomanda estimates the enterprise value of DIOMED DEVELOPMENTS LIMITED at £192.9m based on a Turnover of £62.2m and 3.1x industry multiple (adjusted for size and gross margin).
diomed developments limitedEstimated Valuation
£54.4m
Pomanda estimates the enterprise value of DIOMED DEVELOPMENTS LIMITED at £54.4m based on an EBITDA of £4.2m and a 13.04x industry multiple (adjusted for size and gross margin).
diomed developments limitedEstimated Valuation
£124.8m
Pomanda estimates the enterprise value of DIOMED DEVELOPMENTS LIMITED at £124.8m based on Net Assets of £76.6m and 1.63x industry multiple (adjusted for liquidity).
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Diomed Developments LimitedOverview
Diomed Developments Limited is a live company located in loughton, IG10 4PL with a Companies House number of 00745839. It operates in the manufacture of basic pharmaceutical products sector, SIC Code 21100. Founded in January 1963, it's largest shareholder is
diomed group holdings limited
with a 100% stake. Diomed Developments Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£62.2m with
low
growth in recent years.
Pomanda's financial health check has awarded Diomed Developments Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
1 Regular
5 Weak
Size
annual sales of £62.2m, make it larger than the average company (£36.9m)
£62.2m - Diomed Developments Limited
£36.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.1%)
3% - Diomed Developments Limited
5.1% - Industry AVG
Production
with a gross margin of 56.5%, this company has a lower cost of product (36.5%)
56.5% - Diomed Developments Limited
36.5% - Industry AVG
Profitability
an operating margin of 3.6% make it less profitable than the average company (7.4%)
3.6% - Diomed Developments Limited
7.4% - Industry AVG
Employees
with 299 employees, this is above the industry average (118)
299 - Diomed Developments Limited
118 - Industry AVG
Pay Structure
on an average salary of £60.7k, the company has an equivalent pay structure (£63.3k)
£60.7k - Diomed Developments Limited
£63.3k - Industry AVG
Efficiency
resulting in sales per employee of £208k, this is less efficient (£431.8k)
£208k - Diomed Developments Limited
£431.8k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (61 days)
81 days - Diomed Developments Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (32 days)
57 days - Diomed Developments Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 248 days, this is more than average (110 days)
248 days - Diomed Developments Limited
110 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 162 weeks, this is more cash available to meet short term requirements (9 weeks)
162 weeks - Diomed Developments Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.4%, this is a lower level of debt than the average (41%)
9.4% - Diomed Developments Limited
41% - Industry AVG
DIOMED DEVELOPMENTS LIMITED financials
EXPORT
Diomed Developments Limited's latest turnover from May 2024 is £62.2 million and the company has net assets of £76.6 million. According to their latest financial statements, Diomed Developments Limited has 299 employees and maintains cash reserves of £24.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
62,183,240
58,120,764
62,567,830
57,379,611
55,190,301
58,037,827
58,743,979
60,205,017
61,785,668
61,897,576
59,960,754
56,887,860
50,680,463
47,308,806
44,606,431
Other Income Or Grants
Cost Of Sales
27,032,932
23,779,309
26,132,412
21,665,925
20,981,955
22,455,305
22,084,518
22,958,044
24,201,877
23,430,563
22,295,662
21,482,035
18,791,282
16,902,324
16,995,704
Gross Profit
35,150,308
34,341,455
36,435,418
35,713,686
34,208,346
35,582,522
36,659,461
37,246,973
37,583,791
38,467,013
37,665,092
35,405,825
31,889,181
30,406,482
27,610,727
Admin Expenses
32,942,469
33,001,537
32,339,620
28,357,329
29,486,913
29,479,731
29,051,966
28,089,648
28,053,556
29,946,218
29,004,760
29,247,558
26,494,439
24,607,512
23,384,577
Operating Profit
2,207,839
1,339,918
4,095,798
7,356,357
4,721,433
6,102,791
7,607,495
9,157,325
9,530,235
8,520,795
8,660,332
6,158,267
5,394,742
5,798,970
4,226,150
Interest Payable
646
1,936
7
5,525
147
207
420
278
1,222
187
79
1,359
1,900
2,673
Interest Receivable
411,054
1,097
667
15,501
155,947
138,229
65,827
38,065
75,477
79,182
37,789
38,212
31,486
26,483
3,718
Pre-Tax Profit
2,618,247
1,339,079
4,096,458
7,366,333
4,877,233
6,240,813
7,672,902
9,195,112
9,604,490
8,599,790
8,698,121
6,196,400
5,424,869
5,823,553
4,227,195
Tax
-22,245
510,244
73,114
-103,982
508,510
-46,171
-329,865
-900,167
-932,543
-832,939
-1,081,402
-813,532
-742,616
-1,144,655
-718,705
Profit After Tax
2,596,002
1,849,323
4,169,572
7,262,351
5,385,743
6,194,642
7,343,037
8,294,945
8,671,947
7,766,851
7,616,719
5,382,868
4,682,253
4,678,898
3,508,490
Dividends Paid
2,900,000
1,500,000
3,500,000
3,500,000
3,500,000
3,500,000
2,500,000
2,500,000
2,500,000
2,000,000
Retained Profit
2,575,504
1,832,973
1,223,609
7,250,368
3,869,319
2,683,063
3,831,227
4,804,971
5,171,947
5,266,851
5,116,719
5,382,868
2,182,253
4,678,922
1,508,490
Employee Costs
18,149,329
18,271,605
16,457,597
15,776,168
14,021,776
14,251,876
14,495,868
12,814,387
11,437,692
10,560,850
9,793,547
9,517,426
8,397,487
7,679,969
7,203,141
Number Of Employees
299
302
290
261
256
247
238
226
218
198
189
168
162
146
144
EBITDA*
4,174,168
2,951,640
5,437,897
8,564,520
5,885,755
7,099,067
8,603,773
9,985,785
10,248,867
9,177,884
9,273,587
6,672,895
5,933,648
6,376,938
4,813,365
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
26,239,878
25,682,510
20,140,160
17,053,983
17,090,359
15,079,347
14,584,729
13,859,460
11,868,785
11,650,461
10,564,128
9,511,826
6,444,016
6,298,957
6,403,499
Intangible Assets
80,000
80,000
80,000
80,000
80,000
80,000
62,214
44,430
66,646
88,862
111,078
133,294
155,510
177,726
199,942
Investments & Other
52,682
32,184
15,834
61,797
49,814
33,390
21,811
10,001
Debtors (Due After 1 year)
15,751
Total Fixed Assets
26,372,560
25,794,694
20,235,994
17,195,780
17,220,173
15,208,488
14,668,754
13,913,891
11,935,431
11,739,323
10,675,206
9,645,120
6,599,526
6,476,683
6,603,441
Stock & work in progress
18,401,487
14,512,998
11,900,233
12,207,850
10,395,352
9,625,220
9,130,054
9,593,800
6,343,022
7,552,092
8,988,186
8,326,132
5,408,477
4,863,426
3,916,312
Trade Debtors
13,871,961
11,725,488
13,982,863
14,073,124
14,353,272
11,061,074
11,250,533
11,471,825
12,125,070
11,227,939
11,217,725
11,961,324
11,180,842
10,029,515
8,970,294
Group Debtors
1,382
2,522
252
Misc Debtors
1,357,347
2,340,155
1,842,553
1,951,544
1,983,192
1,236,075
1,290,242
1,325,602
2,322,795
573,186
473,139
1,571,643
1,672,994
1,288,184
1,192,125
Cash
24,508,692
26,976,970
35,254,080
37,090,784
31,048,598
30,961,802
29,888,146
22,007,415
21,457,690
16,052,072
10,568,662
5,031,994
4,683,206
4,004,984
1,112,403
misc current assets
total current assets
58,140,869
55,555,611
62,982,251
65,323,554
57,780,414
52,884,171
51,558,975
44,398,642
42,248,577
35,405,289
31,247,712
26,891,093
22,945,519
20,186,109
15,191,134
total assets
84,513,429
81,350,305
83,218,245
82,519,334
75,000,587
68,092,659
66,227,729
58,312,533
54,184,008
47,144,612
41,922,918
36,536,213
29,545,045
26,662,792
21,794,575
Bank overdraft
4,320
240,638
1,950,569
1,618,639
428,022
20,808
893,266
Bank loan
Trade Creditors
4,293,359
4,226,060
8,113,912
7,363,745
6,034,873
3,885,998
8,233,814
4,107,620
2,573,776
3,529,948
604,543
864,098
1,018,118
500,638
447,614
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
3,553,063
3,095,983
2,431,500
2,802,667
4,030,748
2,661,032
2,459,872
2,792,267
3,302,380
2,437,451
4,613,746
1,996,420
2,381,343
2,567,108
1,558,355
total current liabilities
7,846,422
7,322,043
10,545,412
10,166,412
10,065,621
6,551,350
10,934,324
6,899,887
7,826,725
5,967,399
5,218,289
4,479,157
3,827,483
3,088,554
2,899,235
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
409,626
provisions
84,151
61,906
572,150
645,264
501,642
1,010,152
968,469
942,557
692,140
684,042
589,476
649,000
102,000
140,929
140,929
total long term liabilities
84,151
61,906
572,150
645,264
501,642
1,010,152
968,469
942,557
692,140
684,042
589,476
1,058,626
102,000
140,929
140,929
total liabilities
7,930,573
7,383,949
11,117,562
10,811,676
10,567,263
7,561,502
11,902,793
7,842,444
8,518,865
6,651,441
5,807,765
5,537,783
3,929,483
3,229,483
3,040,164
net assets
76,582,856
73,966,356
72,100,683
71,707,658
64,433,324
60,531,157
54,324,936
50,470,089
45,665,118
40,493,171
36,115,153
30,998,430
25,615,562
23,433,309
18,754,387
total shareholders funds
76,582,856
73,966,356
72,100,683
71,707,658
64,433,324
60,531,157
54,324,936
50,470,089
45,665,118
40,493,171
36,115,153
30,998,430
25,615,562
23,433,309
18,754,387
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
2,207,839
1,339,918
4,095,798
7,356,357
4,721,433
6,102,791
7,607,495
9,157,325
9,530,235
8,520,795
8,660,332
6,158,267
5,394,742
5,798,970
4,226,150
Depreciation
1,966,329
1,611,722
1,342,099
1,208,163
1,164,322
974,062
974,062
806,244
696,416
634,873
591,039
492,412
516,690
555,752
564,999
Amortisation
22,214
22,216
22,216
22,216
22,216
22,216
22,216
22,216
22,216
22,216
Tax
-22,245
510,244
73,114
-103,982
508,510
-46,171
-329,865
-900,167
-932,543
-832,939
-1,081,402
-813,532
-742,616
-1,144,655
-718,705
Stock
3,888,489
2,612,765
-307,617
1,812,498
770,132
495,166
-463,746
3,250,778
-1,209,070
-1,436,094
662,054
2,917,655
545,051
947,114
3,916,312
Debtors
1,165,047
-1,762,295
-196,982
-311,544
4,023,564
-227,875
-256,652
-1,650,438
2,646,740
110,261
-1,842,103
679,131
1,536,137
1,155,280
10,162,419
Creditors
67,299
-3,887,852
750,167
1,328,872
2,148,875
-4,347,816
4,126,194
1,533,844
-956,172
2,925,405
-259,555
-154,020
517,480
53,024
447,614
Accruals and Deferred Income
457,080
664,483
-371,167
-1,228,081
1,369,716
201,160
-332,395
-510,113
864,929
-2,176,295
2,617,326
-384,923
-185,765
1,008,753
1,558,355
Deferred Taxes & Provisions
22,245
-510,244
-73,114
143,622
-508,510
41,683
25,912
250,417
8,098
94,566
-59,524
547,000
-38,929
140,929
Cash flow from operations
-354,989
-1,122,199
6,321,496
7,203,997
4,610,650
2,680,632
12,814,017
8,759,426
7,795,509
10,514,454
11,670,481
2,270,634
3,402,630
4,191,666
-7,837,173
Investing Activities
capital expenditure
-1,643,470
-1,738,938
-2,799,541
-838,763
-1,709,960
-1,624,654
-3,763,559
-651,007
-451,189
-690,845
Change in Investments
20,498
16,350
-45,963
11,983
16,424
11,579
11,810
10,001
cash flow from investments
-20,498
-16,350
45,963
-11,983
-16,424
-1,655,049
-1,750,748
-2,809,542
-838,763
-1,709,960
-1,624,654
-3,763,559
-651,007
-451,189
-690,845
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-409,626
409,626
share issue
40,996
32,700
-830,584
23,966
32,848
3,523,158
23,620
-888,833
4
17,245,897
interest
410,408
-839
660
9,976
155,800
138,022
65,407
37,787
74,255
78,995
37,789
38,133
30,127
24,583
1,045
cash flow from financing
451,404
31,861
-829,924
33,942
188,648
3,661,180
89,027
37,787
74,255
-809,838
-371,833
447,759
30,127
24,583
17,246,942
cash and cash equivalents
cash
-2,468,278
-8,277,110
-1,836,704
6,042,186
86,796
1,073,656
7,880,731
549,725
5,405,618
5,483,410
5,536,668
348,788
678,222
2,892,581
1,112,403
overdraft
-4,320
-236,318
240,638
-1,950,569
1,950,569
-1,618,639
1,190,617
407,214
-872,458
893,266
change in cash
-2,468,278
-8,277,110
-1,836,704
6,042,186
91,116
1,309,974
7,640,093
2,500,294
3,455,049
5,483,410
7,155,307
-841,829
271,008
3,765,039
219,137
diomed developments limited 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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diomed developments limited Ownership
DIOMED DEVELOPMENTS LIMITED group structure
Diomed Developments Limited has 6 subsidiary companies.
The sole shareholder of Diomed Developments Limited is Diomed Group Holdings Limited.
diomed group holdings limited
100%
diomed developments limited directors
Diomed Developments Limited currently has 3 directors.
The longest serving directors include
Mr Michael Yarrow (Nov 1991) and
Ms Heather Yarrow (May 2006).
haslers, old station road, loughton, essex, IG10 4PL
Bank
TRUSTEE SAVINGS BANK
Legal Advisor
-
diomed developments 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 3 charges/mortgages relating to diomed developments limited. Currently there are 0 open charges and 3 have been satisfied in the past.
diomed developments limited 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.
Click to start generating capital raising & share issue transactions for DIOMED DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
diomed developments limitedCompanies House Filings - See Documents
