d.k.w. engineering limited

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d.k.w. engineering limited Company Information

Share D.K.W. ENGINEERING LIMITED

Company Number

00948939

Shareholders

nicolas vincenzo iacobucci

donna elizabeth iacobucci

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Group Structure

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Industry

Machining

 

Registered Address

d.k.w. engineering limited, quatremaine road, portsmouth, hampshire, PO3 5RD

d.k.w. engineering limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of D.K.W. ENGINEERING LIMITED at £1.5m based on a Turnover of £3.5m and 0.42x industry multiple (adjusted for size and gross margin).

d.k.w. engineering limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of D.K.W. ENGINEERING LIMITED at £2.1m based on an EBITDA of £621.9k and a 3.33x industry multiple (adjusted for size and gross margin).

d.k.w. engineering limited Estimated Valuation

£4.2m

Pomanda estimates the enterprise value of D.K.W. ENGINEERING LIMITED at £4.2m based on Net Assets of £2.5m and 1.68x industry multiple (adjusted for liquidity).

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D.k.w. Engineering Limited Overview

D.k.w. Engineering Limited is a live company located in portsmouth, PO3 5RD with a Companies House number of 00948939. It operates in the machining sector, SIC Code 25620. Founded in February 1969, it's largest shareholder is nicolas vincenzo iacobucci with a 50% stake. D.k.w. Engineering Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.5m with healthy growth in recent years.

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D.k.w. Engineering Limited Health Check

Pomanda's financial health check has awarded D.K.W. Engineering Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £3.5m, make it smaller than the average company (£10m)

£3.5m - D.k.w. Engineering Limited

£10m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.4%)

7% - D.k.w. Engineering Limited

6.4% - Industry AVG

production

Production

with a gross margin of 28.5%, this company has a comparable cost of product (28.5%)

28.5% - D.k.w. Engineering Limited

28.5% - Industry AVG

profitability

Profitability

an operating margin of 8.5% make it more profitable than the average company (6.5%)

8.5% - D.k.w. Engineering Limited

6.5% - Industry AVG

employees

Employees

with 34 employees, this is below the industry average (80)

34 - D.k.w. Engineering Limited

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)

£45.8k - D.k.w. Engineering Limited

£45.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £101.6k, this is less efficient (£142k)

£101.6k - D.k.w. Engineering Limited

£142k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 80 days, this is later than average (61 days)

80 days - D.k.w. Engineering Limited

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 33 days, this is quicker than average (47 days)

33 days - D.k.w. Engineering Limited

47 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 63 days, this is in line with average (68 days)

63 days - D.k.w. Engineering Limited

68 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (13 weeks)

34 weeks - D.k.w. Engineering Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 36.6%, this is a lower level of debt than the average (48.6%)

36.6% - D.k.w. Engineering Limited

48.6% - Industry AVG

D.K.W. ENGINEERING LIMITED financials

EXPORTms excel logo

D.K.W. Engineering Limited's latest turnover from February 2024 is estimated at £3.5 million and the company has net assets of £2.5 million. According to their latest financial statements, D.K.W. Engineering Limited has 34 employees and maintains cash reserves of £484.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover3,453,2412,950,4912,913,8592,856,7722,876,5422,497,0102,458,6992,464,3332,367,2542,702,1832,493,3072,744,4392,811,8482,353,3432,147,325
Other Income Or Grants
Cost Of Sales2,467,5972,141,3802,087,9442,101,1102,055,2851,794,7661,734,1351,715,9611,623,5711,874,0601,724,2961,881,0821,973,3621,627,1801,454,294
Gross Profit985,644809,111825,915755,662821,258702,244724,564748,372743,684828,123769,011863,358838,486726,163693,031
Admin Expenses690,634682,048591,821484,003555,055516,102565,761482,075522,581780,327626,981718,297656,566655,362-34,238
Operating Profit295,010127,063234,094271,659266,203186,142158,803266,297221,10347,796142,030145,061181,92070,801727,269
Interest Payable15,36415,16710,89611,17113,37114,34114,70330,86030,7326,2099,8959,895
Interest Receivable23,02812,8781,204179870735470122272252014856123
Pre-Tax Profit302,673124,774224,402260,668253,702172,536144,570235,559190,39841,813142,231145,109172,08160,918727,272
Tax-75,668-23,707-42,636-49,527-48,203-32,782-27,468-47,112-38,079-8,781-32,713-34,826-44,741-17,057-203,636
Profit After Tax227,005101,067181,766211,141205,499139,754117,102188,447152,31833,032109,518110,283127,34043,861523,636
Dividends Paid
Retained Profit227,005101,067181,766211,141205,499139,754117,102188,447152,31833,032109,518110,283127,34043,861523,636
Employee Costs1,557,0601,557,8661,436,6631,360,6501,561,9411,452,3241,436,0001,447,0281,396,017859,270815,477845,683805,253719,415595,443
Number Of Employees343634343938384040252424242218
EBITDA*621,913460,739517,260524,723521,893208,321385,149483,589427,869250,098333,807317,048330,917185,979862,052

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets2,209,4562,160,2022,236,0771,957,6481,982,4581,884,1541,856,3011,784,7391,866,6031,582,0021,483,0321,453,1221,478,3871,175,257734,483
Intangible Assets
Investments & Other100
Debtors (Due After 1 year)
Total Fixed Assets2,209,4562,160,2022,236,0771,957,6481,982,4581,884,1541,856,3011,784,7391,866,6031,582,0021,483,0321,453,1221,478,3871,175,257734,583
Stock & work in progress428,851372,278336,217301,603255,804238,858202,376211,444238,287200,445167,586163,967161,785110,214138,865
Trade Debtors765,535667,690701,759676,575622,157532,137533,957498,725396,965480,602456,919517,634611,093526,641361,472
Group Debtors
Misc Debtors9,50850,40258,28780215,46719,40277980545,078
Cash484,740392,504251,388230,307128,039104,05191,81696,1941,3469,35280,59519,1963,3681,269
misc current assets
total current assets1,688,6341,482,8741,347,6511,209,2871,021,467894,448828,928807,168681,676690,399705,100681,601792,074640,223501,606
total assets3,898,0903,643,0763,583,7283,166,9353,003,9252,778,6022,685,2292,591,9072,548,2792,272,4012,188,1322,134,7232,270,4611,815,4801,236,189
Bank overdraft13,47513,004223,37710,886
Bank loan15,83016,47515,77015,22414,70414,021
Trade Creditors 228,620151,498149,706164,107176,395121,844139,830140,362152,754750,056713,125756,881889,998698,675536,398
Group/Directors Accounts
other short term finances
hp & lease commitments188,737191,601
other current liabilities484,565515,894538,143497,288513,719594,520352,684353,008352,070
total current liabilities729,015683,867703,619676,619704,818730,385694,726697,975728,201750,056713,125756,881889,998709,561536,398
loans113,724127,112143,975160,291176,035191,421205,989219,935531,205191,033293,571
hp & lease commitments205,229219,210
Accruals and Deferred Income
other liabilities143,430170,928252,58881,996136,150124,205226,289455,787479,309586,634162,07692,980
provisions440,052416,305339,749285,998236,032187,200173,648166,252188,785157,253104,48293,31398,89282,67583,075
total long term liabilities697,206714,345736,312528,285548,217502,826584,866605,397719,990574,575560,269572,622685,526538,322176,055
total liabilities1,426,2211,398,2121,439,9311,204,9041,253,0351,233,2111,279,5921,303,3721,448,1911,324,6311,273,3941,329,5031,575,5241,247,883712,453
net assets2,471,8692,244,8642,143,7971,962,0311,750,8901,545,3911,405,6371,288,5351,100,088947,770914,738805,220694,937567,597523,736
total shareholders funds2,471,8692,244,8642,143,7971,962,0311,750,8901,545,3911,405,6371,288,5351,100,088947,770914,738805,220694,937567,597523,736
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit295,010127,063234,094271,659266,203186,142158,803266,297221,10347,796142,030145,061181,92070,801727,269
Depreciation326,903333,676283,166253,064255,69022,179226,346217,292206,766202,302191,777171,987148,997115,178131,283
Amortisation3,500
Tax-75,668-23,707-42,636-49,527-48,203-32,782-27,468-47,112-38,079-8,781-32,713-34,826-44,741-17,057-203,636
Stock56,57336,06134,61445,79916,94636,482-9,068-26,84337,84232,8593,6192,18251,571-28,651138,865
Debtors56,951-41,95482,66939,75386,08516,80335,20657,487-38,55923,683-60,715-93,45984,452165,169361,472
Creditors77,1221,792-14,401-12,28854,551-17,986-532-12,392-597,30236,931-43,756-133,117191,323162,277536,398
Accruals and Deferred Income-31,329-22,24940,855-16,431-80,801241,836-324938352,070
Deferred Taxes & Provisions23,74776,55653,75149,96648,83213,5527,396-22,53331,53252,77111,169-5,57916,217-40083,075
Cash flow from operations502,261499,024437,546410,891393,241359,656338,083371,846176,807274,477325,603234,803357,693194,281777,552
Investing Activities
capital expenditure-376,157-257,801-561,595-228,254-353,994-50,032-297,908-135,428-491,367-301,272-221,687-146,722-452,127-555,952-869,266
Change in Investments-100100
cash flow from investments-376,157-257,801-561,595-228,254-353,994-50,032-297,908-135,428-491,367-301,272-221,687-146,722-452,127-555,852-869,366
Financing Activities
Bank loans-64570554652068314,021
Group/Directors Accounts
Other Short Term Loans
Long term loans-13,388-16,863-16,316-15,744-15,386-14,568-13,946-311,270340,172191,033-293,571293,571
Hire Purchase and Lease Commitments-393,966-16,845410,811
other long term liabilities-27,498-81,660170,592-54,15411,945124,205-226,289-229,498-23,522-107,325424,55869,09692,980
share issue100
interest7,664-2,289-9,692-10,992-12,501-13,606-14,233-30,738-30,705-5,98420148-9,839-9,8833
cash flow from financing-33,867-100,107145,130-80,370-15,259-283,914-45,02468,80383,178-44,449-23,321-107,277121,148352,78493,083
cash and cash equivalents
cash92,236141,11621,081102,26823,98812,235-4,37894,848-8,006-71,24380,595-19,19615,8282,0991,269
overdraft-13,475471-210,373223,377-10,88610,886
change in cash92,236141,11621,081102,26823,98825,710-4,849305,221-231,383-71,24380,595-19,19626,714-8,7871,269

d.k.w. engineering 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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D.k.w. Engineering Limited Competitor Analysis

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Perform a competitor analysis for d.k.w. engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in PO3 area or any other competitors across 12 key performance metrics.

d.k.w. engineering limited Ownership

D.K.W. ENGINEERING LIMITED group structure

D.K.W. Engineering Limited has no subsidiary companies.

Ultimate parent company

D.K.W. ENGINEERING LIMITED

00948939

D.K.W. ENGINEERING LIMITED Shareholders

nicolas vincenzo iacobucci 50%
donna elizabeth iacobucci 30%
daniel iacobucci 10%
karl iacobucci 10%

d.k.w. engineering limited directors

D.K.W. Engineering Limited currently has 4 directors. The longest serving directors include Ms Donna Iacobucci (Sep 1991) and Mr Nicolas Iacobucci (Sep 1991).

officercountryagestartendrole
Ms Donna Iacobucci65 years Sep 1991- Director
Mr Nicolas IacobucciEngland72 years Sep 1991- Director
Mr Karl IacobucciEngland48 years Jan 2018- Director
Mr Daniel IacobucciEngland39 years Jan 2018- Director

P&L

February 2024

turnover

3.5m

+17%

operating profit

295k

0%

gross margin

28.6%

+4.08%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

2.5m

+0.1%

total assets

3.9m

+0.07%

cash

484.7k

+0.23%

net assets

Total assets minus all liabilities

d.k.w. engineering limited company details

company number

00948939

Type

Private limited with Share Capital

industry

25620 - Machining

incorporation date

February 1969

age

56

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

d.k.w. engineering limited, quatremaine road, portsmouth, hampshire, PO3 5RD

Bank

BANK OF COMMERCE

Legal Advisor

-

d.k.w. engineering 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 12 charges/mortgages relating to d.k.w. engineering limited. Currently there are 2 open charges and 10 have been satisfied in the past.

d.k.w. engineering 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.

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d.k.w. engineering limited Companies House Filings - See Documents

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