drake personnel limited
drake personnel limited Company Information
Company Number
00818736
Website
www.drakemedox.co.ukRegistered Address
429-433 pinner road, harrow, middlesex, HA1 4HN
Industry
Temporary employment agency activities
Telephone
02074840820
Next Accounts Due
June 2025
Group Structure
View All
Directors
Susan Orchard27 Years
Shareholders
drake int. ltd 100%
drake personnel limited Estimated Valuation
Pomanda estimates the enterprise value of DRAKE PERSONNEL LIMITED at £32.3k based on a Turnover of £202.9k and 0.16x industry multiple (adjusted for size and gross margin).
drake personnel limited Estimated Valuation
Pomanda estimates the enterprise value of DRAKE PERSONNEL LIMITED at £0 based on an EBITDA of £-796.5k and a 2.85x industry multiple (adjusted for size and gross margin).
drake personnel limited Estimated Valuation
Pomanda estimates the enterprise value of DRAKE PERSONNEL LIMITED at £0 based on Net Assets of £-26.2m and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Drake Personnel Limited Overview
Drake Personnel Limited is a live company located in middlesex, HA1 4HN with a Companies House number of 00818736. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in September 1964, it's largest shareholder is drake int. ltd with a 100% stake. Drake Personnel Limited is a mature, micro sized company, Pomanda has estimated its turnover at £202.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Drake Personnel Limited Health Check
Pomanda's financial health check has awarded Drake Personnel Limited a 1.5 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
3 Regular
7 Weak
Size
annual sales of £202.9k, make it smaller than the average company (£14.5m)
£202.9k - Drake Personnel Limited
£14.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -64%, show it is growing at a slower rate (4.8%)
-64% - Drake Personnel Limited
4.8% - Industry AVG
Production
with a gross margin of 18%, this company has a comparable cost of product (18%)
18% - Drake Personnel Limited
18% - Industry AVG
Profitability
an operating margin of -395.6% make it less profitable than the average company (2.7%)
-395.6% - Drake Personnel Limited
2.7% - Industry AVG
Employees
with 19 employees, this is below the industry average (52)
19 - Drake Personnel Limited
52 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
- Drake Personnel Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £10.7k, this is less efficient (£272.2k)
£10.7k - Drake Personnel Limited
£272.2k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (45 days)
52 days - Drake Personnel Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (4 days)
74 days - Drake Personnel Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Drake Personnel Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (5 weeks)
3 weeks - Drake Personnel Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 609.8%, this is a higher level of debt than the average (73.4%)
609.8% - Drake Personnel Limited
73.4% - Industry AVG
DRAKE PERSONNEL LIMITED financials
Drake Personnel Limited's latest turnover from September 2023 is £202.9 thousand and the company has net assets of -£26.2 million. According to their latest financial statements, Drake Personnel Limited has 19 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 202,875 | 2,481,864 | 3,556,700 | 4,325,908 | 7,439,534 | 7,819,628 | 10,178,557 | 10,758,053 | 13,824,331 | 12,155,680 | 14,878,862 | 14,836,570 | 14,605,493 | 11,412,992 | 10,900,712 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -802,522 | -753,635 | -417,768 | -472,264 | -497,209 | -667,009 | -840,606 | -1,093,157 | -226,449 | -161,591 | 59,796 | -3,035 | 105,456 | 5,671 | 35,515 |
| Interest Payable | 36,749 | 12,084 | 12,749 | 95,121 | 266 | 17,242 | 7,303 | 7,025 | 39,899 | 19,483 | 42,583 | 0 | 0 | 48,434 | |
| Interest Receivable | 29,966 | 3,174 | 141 | 1,050 | 0 | 140 | 0 | 399 | 0 | 369 | 234 | 114 | 23 | ||
| Pre-Tax Profit | 998,379 | -4,139,231 | 303,885 | 164,585 | -1,436,707 | -1,093,837 | -461,030 | -3,221,014 | -1,194,484 | -102,718 | 18,818 | 367,699 | -19,317 | -79,738 | -1,235,475 |
| Tax | -11,063 | 53,370 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 987,316 | -4,085,861 | 303,885 | 164,585 | -1,436,707 | -1,093,837 | -461,030 | -3,221,014 | -1,194,484 | -102,718 | 18,818 | 367,699 | -19,317 | -79,738 | -1,235,475 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 987,316 | -4,085,861 | 303,885 | 164,585 | -1,436,707 | -1,093,837 | -461,030 | -3,221,014 | -1,194,484 | -102,718 | 18,818 | 367,699 | -19,317 | -79,738 | -1,235,475 |
| Employee Costs | 2,281,982 | 3,216,967 | 4,086,056 | 6,660,651 | 7,763,676 | 10,167,848 | 10,710,866 | 13,305,511 | 11,942,361 | 14,341,056 | 14,416,004 | 14,021,159 | 10,995,275 | 10,394,410 | |
| Number Of Employees | 19 | 139 | 232 | 356 | 385 | 476 | 611 | 627 | 824 | 815 | 929 | 967 | 895 | 768 | 764 |
| EBITDA* | -796,463 | -749,449 | -415,718 | -472,264 | -497,209 | -667,009 | -840,606 | -1,090,649 | -221,693 | -151,445 | 76,000 | 16,512 | 133,305 | 34,971 | 66,466 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,484 | 14,622 | 12,717 | 0 | 0 | 0 | 0 | 0 | 2,508 | 7,264 | 17,250 | 32,454 | 27,040 | 45,931 | 58,725 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 42,307 | 53,370 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 57,791 | 67,992 | 12,717 | 0 | 0 | 0 | 0 | 0 | 2,508 | 7,264 | 17,250 | 32,454 | 27,040 | 45,931 | 58,725 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,214 | 6,784 | 6,431 | 8,449 | 10,627 |
| Trade Debtors | 29,227 | 3,247 | 459,267 | 308,426 | 1,724,263 | 1,434,119 | 1,812,815 | 1,751,159 | 1,790,722 | 1,725,712 | 1,908,566 | 1,920,687 | 2,470,301 | 2,062,421 | 1,397,788 |
| Group Debtors | 2,970,957 | 2,278,564 | 1,939,214 | 1,869,537 | 0 | 0 | 1,550,378 | 8,875,661 | 4,625,265 | 1,534,320 | 1,812,813 | 1,702,666 | 1,331,013 | 824,079 | 1,604,159 |
| Misc Debtors | 130,234 | 172,608 | 118,632 | 100,054 | 0 | 0 | 120,586 | 86,668 | 32,081 | 158,163 | 226,087 | 238,339 | 259,293 | 244,556 | 251,203 |
| Cash | 1,958,553 | 2,330,066 | 1,687,173 | 1,232,158 | 971,910 | 784,273 | 469,485 | 517,922 | 1,317,167 | 990,455 | 900,119 | 838,050 | 475,507 | 578,204 | 275,806 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,088,971 | 4,784,485 | 4,204,286 | 3,510,175 | 4,813,117 | 4,157,389 | 3,953,264 | 11,231,410 | 7,765,235 | 4,408,650 | 4,854,799 | 4,706,526 | 4,542,545 | 3,717,709 | 3,539,583 |
| total assets | 5,146,762 | 4,852,477 | 4,217,003 | 3,510,175 | 4,813,117 | 4,157,389 | 3,953,264 | 11,231,410 | 7,767,743 | 4,415,914 | 4,872,049 | 4,738,980 | 4,569,585 | 3,763,640 | 3,598,308 |
| Bank overdraft | 0 | 0 | 0 | 0 | 41,107 | 404,901 | 562,369 | 449,559 | 2,458,252 | 2,307,612 | 2,383,356 | 2,092,035 | 1,912,285 | 1,403,484 | 1,404,326 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 33,926 | 57,367 | 22,756 | 67,458 | 75,880 | 64,081 | 27,677 | 35,177 | 129,854 | 185,869 | 220,393 | 102,486 | 143,590 | 126,263 | 206,769 |
| Group/Directors Accounts | 11,041,422 | 10,010,960 | 8,409,376 | 8,189,660 | 0 | 0 | 6,210,640 | 12,717,447 | 21,583,853 | 16,730,096 | 17,107,214 | 17,302,993 | 17,473,664 | 17,315,748 | 17,359,938 |
| other short term finances | 0 | 21,749,372 | 18,360,602 | 18,236,993 | 27,467,179 | 24,918,485 | 17,408,187 | 17,846,928 | 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 | 20,312,232 | 262,912 | 566,542 | 462,222 | 0 | 0 | 824,590 | 801,468 | 993,939 | 1,396,008 | 1,262,039 | 1,361,237 | 1,511,516 | 1,320,272 | 947,690 |
| total current liabilities | 31,387,580 | 32,080,611 | 27,359,276 | 26,956,333 | 28,423,860 | 26,331,425 | 25,033,463 | 31,850,579 | 25,165,898 | 20,619,585 | 20,973,002 | 20,858,751 | 21,041,055 | 20,165,767 | 19,918,723 |
| 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 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,000 | 66,026 | 68,000 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,000 | 66,026 | 68,000 |
| total liabilities | 31,387,580 | 32,080,611 | 27,359,276 | 26,956,333 | 28,423,860 | 26,331,425 | 25,033,463 | 31,850,579 | 25,165,898 | 20,619,585 | 20,973,002 | 20,858,751 | 21,057,055 | 20,231,793 | 19,986,723 |
| net assets | -26,240,818 | -27,228,134 | -23,142,273 | -23,446,158 | -23,610,743 | -22,174,036 | -21,080,199 | -20,619,169 | -17,398,155 | -16,203,671 | -16,100,953 | -16,119,771 | -16,487,470 | -16,468,153 | -16,388,415 |
| total shareholders funds | -26,240,818 | -27,228,134 | -23,142,273 | -23,446,158 | -23,610,743 | -22,174,036 | -21,080,199 | -20,619,169 | -17,398,155 | -16,203,671 | -16,100,953 | -16,119,771 | -16,487,470 | -16,468,153 | -16,388,415 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -802,522 | -753,635 | -417,768 | -472,264 | -497,209 | -667,009 | -840,606 | -1,093,157 | -226,449 | -161,591 | 59,796 | -3,035 | 105,456 | 5,671 | 35,515 |
| Depreciation | 6,059 | 4,186 | 2,050 | 0 | 0 | 0 | 0 | 2,508 | 4,756 | 10,146 | 16,204 | 19,547 | 27,849 | 29,300 | 30,951 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -11,063 | 53,370 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,214 | 430 | 353 | -2,018 | -2,178 | 10,627 |
| Debtors | 664,936 | -9,324 | 239,096 | 553,754 | 290,144 | -2,049,660 | -7,229,709 | 4,265,420 | 3,029,873 | -529,271 | 85,774 | -198,915 | 929,551 | -122,094 | 3,253,150 |
| Creditors | -23,441 | 34,611 | -44,702 | -8,422 | 11,799 | 36,404 | -7,500 | -94,677 | -56,015 | -34,524 | 117,907 | -41,104 | 17,327 | -80,506 | 206,769 |
| Accruals and Deferred Income | 20,049,320 | -303,630 | 104,320 | 462,222 | 0 | -824,590 | 23,122 | -192,471 | -402,069 | 133,969 | -99,198 | -150,279 | 191,244 | 372,582 | 947,690 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16,000 | -50,026 | -1,974 | 68,000 |
| Cash flow from operations | 18,553,417 | -955,774 | -595,196 | -572,218 | 6,404,725 | -5,643,217 | -3,709,650 | 484,485 | 8,505 | 7,691 | -635,683 | 449,345 | -1,974,852 | ||
| 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 | 1,030,462 | 1,601,584 | 219,716 | 8,189,660 | 0 | -6,210,640 | -6,506,807 | -8,866,406 | 4,853,757 | -377,118 | -195,779 | -170,671 | 157,916 | -44,190 | 17,359,938 |
| Other Short Term Loans | -21,749,372 | 3,388,770 | 123,609 | -9,230,186 | 2,548,694 | 7,510,298 | -438,741 | 17,846,928 | 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 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -6,783 | -8,910 | -12,608 | -94,071 | -7,303 | -6,885 | -39,899 | -19,084 | -42,583 | 234 | 114 | -48,411 | |||
| cash flow from financing | -20,725,693 | 4,981,444 | 330,717 | -1,134,597 | -6,952,851 | 8,973,637 | 4,813,858 | -396,202 | -238,362 | 158,150 | -44,076 | 2,158,587 | |||
| cash and cash equivalents | |||||||||||||||
| cash | -371,513 | 642,893 | 455,015 | 260,248 | 187,637 | 314,788 | -48,437 | -799,245 | 326,712 | 90,336 | 62,069 | 362,543 | -102,697 | 302,398 | 275,806 |
| overdraft | 0 | 0 | 0 | -41,107 | -363,794 | -157,468 | 112,810 | -2,008,693 | 150,640 | -75,744 | 291,321 | 179,750 | 508,801 | -842 | 1,404,326 |
| change in cash | -371,513 | 642,893 | 455,015 | 301,355 | 551,431 | 472,256 | -161,247 | 1,209,448 | 176,072 | 166,080 | -229,252 | 182,793 | -611,498 | 303,240 | -1,128,520 |
drake personnel limited Credit Report and Business Information
Drake Personnel Limited Competitor Analysis
Perform a competitor analysis for drake personnel limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.
drake personnel limited Ownership
DRAKE PERSONNEL LIMITED group structure
Drake Personnel Limited has no subsidiary companies.
Ultimate parent company
CALADENA CORP LTD
#0006978
2 parents
DRAKE PERSONNEL LIMITED
00818736
drake personnel limited directors
Drake Personnel Limited currently has 1 director, Miss Susan Orchard serving since Jun 1997.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Susan Orchard | 68 years | Jun 1997 | - | Director |
P&L
September 2023turnover
202.9k
-92%
operating profit
-802.5k
+6%
gross margin
18.1%
+3.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-26.2m
-0.04%
total assets
5.1m
+0.06%
cash
2m
-0.16%
net assets
Total assets minus all liabilities
drake personnel limited company details
company number
00818736
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
September 1964
age
60
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
429-433 pinner road, harrow, middlesex, HA1 4HN
Bank
BARCLAYS BANK PLC
Legal Advisor
-
drake personnel 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 24 charges/mortgages relating to drake personnel limited. Currently there are 23 open charges and 1 have been satisfied in the past.
drake personnel limited Companies House Filings - See Documents
| date | description | view/download |
|---|
