danbank developments limited

2.5

danbank developments limited Company Information

Share DANBANK DEVELOPMENTS LIMITED
Live (In Liquidation)
MatureSmallDeclining

Company Number

01196480

Website

-

Registered Address

leonard curtis house, elms square, bury new road, greater manchester, M45 7TA

Industry

Development of building projects

 

Activities of agricultural holding companies

 

Telephone

-

Next Accounts Due

489 days late

Group Structure

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Directors

Andrew Price13 Years

Susanne Price10 Years

Shareholders

andrew lewis price 50.8%

susanne price 48.8%

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danbank developments limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of DANBANK DEVELOPMENTS LIMITED at £2m based on a Turnover of £3.4m and 0.59x industry multiple (adjusted for size and gross margin).

danbank developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DANBANK DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-199k and a 3.63x industry multiple (adjusted for size and gross margin).

danbank developments limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of DANBANK DEVELOPMENTS LIMITED at £2.2m based on Net Assets of £1.6m and 1.36x industry multiple (adjusted for liquidity).

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Danbank Developments Limited AI Business Plan

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Danbank Developments Limited Overview

Danbank Developments Limited is a live company located in greater manchester, M45 7TA with a Companies House number of 01196480. It operates in the development of building projects sector, SIC Code 41100. Founded in January 1975, it's largest shareholder is andrew lewis price with a 50.7% stake. Danbank Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.4m with declining growth in recent years.

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Danbank Developments Limited Health Check

Pomanda's financial health check has awarded Danbank Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £3.4m, make it smaller than the average company (£6.8m)

£3.4m - Danbank Developments Limited

£6.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (0.3%)

-7% - Danbank Developments Limited

0.3% - Industry AVG

production

Production

with a gross margin of 12.2%, this company has a higher cost of product (21.9%)

12.2% - Danbank Developments Limited

21.9% - Industry AVG

profitability

Profitability

an operating margin of -5.9% make it less profitable than the average company (7.5%)

-5.9% - Danbank Developments Limited

7.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (47)

2 - Danbank Developments Limited

47 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.5k, the company has an equivalent pay structure (£39.5k)

£39.5k - Danbank Developments Limited

£39.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.7m, this is more efficient (£194.3k)

£1.7m - Danbank Developments Limited

£194.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 175 days, this is later than average (37 days)

175 days - Danbank Developments Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (38 days)

0 days - Danbank Developments Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Danbank Developments Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Danbank Developments Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.4%, this is a lower level of debt than the average (62.7%)

0.4% - Danbank Developments Limited

62.7% - Industry AVG

danbank 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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Danbank Developments Limited Competitor Analysis

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Perform a competitor analysis for danbank developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

danbank developments limited Ownership

DANBANK DEVELOPMENTS LIMITED group structure

Danbank Developments Limited has no subsidiary companies.

Ultimate parent company

DANBANK DEVELOPMENTS LIMITED

01196480

DANBANK DEVELOPMENTS LIMITED Shareholders

andrew lewis price 50.75%
susanne price 48.76%
harry price 0.25%
george price 0.25%

danbank developments limited directors

Danbank Developments Limited currently has 2 directors. The longest serving directors include Mr Andrew Price (Aug 2010) and Mrs Susanne Price (Oct 2013).

officercountryagestartendrole
Mr Andrew Price62 years Aug 2010- Director
Mrs Susanne Price60 years Oct 2013- Director

DANBANK DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Danbank Developments Limited's latest turnover from April 2021 is estimated at £3.4 million and the company has net assets of £1.6 million. According to their latest financial statements, Danbank Developments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover3,386,1414,206,8344,556,5134,213,3556,581,830108,639123,254120,680176,154175,5222,071,0721,567,495
Other Income Or Grants000000000000
Cost Of Sales2,972,0153,710,6383,977,1063,655,3795,675,21794,270106,726106,038153,977153,8751,815,7671,386,736
Gross Profit414,126496,195579,407557,976906,61314,36916,52914,64222,17721,647255,305180,759
Admin Expenses613,084691,165418,653667,2391,007,558103,176-55,450-170,718229,043257,2811,082,501-4,311,187
Operating Profit-198,958-194,970160,754-109,263-100,945-88,80771,979185,360-206,866-235,634-827,1964,491,946
Interest Payable000000000000
Interest Receivable00001,2175,1445,1903,4092,4051,8902,1231,708
Pre-Tax Profit-198,958-194,970160,754-109,263-99,728-83,66377,169188,770-204,461-233,744-825,0734,493,654
Tax00-30,543000-15,434-39,642000-1,258,223
Profit After Tax-198,958-194,970130,211-109,263-99,728-83,66361,735149,128-204,461-233,744-825,0733,235,431
Dividends Paid000000000000
Retained Profit-198,958-194,970130,211-109,263-99,728-83,66361,735149,128-204,461-233,744-825,0733,235,431
Employee Costs79,04775,15974,34973,14870,02334,57834,91732,63031,54131,558145,164157,208
Number Of Employees222221111156
EBITDA*-198,958-194,970160,754-109,263-100,945-85,88279,099204,391-183,096-210,949-801,0374,504,747

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets7,3568,65410,18111,97814,09216,57930,53767,88883,85088,80793,25255,254
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets7,3568,65410,18111,97814,09216,57930,53767,88883,85088,80793,25255,254
Stock & work in progress000001,110,4091,072,1301,109,0411,600,9201,546,7491,507,9811,973,167
Trade Debtors1,626,5471,836,1002,022,2291,954,2541,988,5335,0638,9871,36327215,736717,190545,775
Group Debtors000000000000
Misc Debtors04800000000000
Cash00000973,6441,083,851992,120371,544590,297165,894683,134
misc current assets000000000000
total current assets1,626,5471,836,5802,022,2291,954,2541,988,5332,089,1162,164,9682,102,5241,972,7362,152,7822,391,0653,202,076
total assets1,633,9031,845,2342,032,4101,966,2322,002,6252,105,6952,195,5052,170,4122,056,5862,241,5892,484,3173,257,330
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 1,16812,1812,70573,12005,94212,08916,29436,29117,12526,51121,499
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments00000008,69311,10110,78411,0780
other current liabilities000000000000
total current liabilities1,16812,1812,70573,12005,94212,08924,98747,39227,90937,58921,499
loans000000000000
hp & lease commitments000000023,74436,64136,66635,9700
Accruals and Deferred Income6,0907,4509,1322,7503,0000000000
other liabilities000000000000
provisions000000000000
total long term liabilities6,0907,4509,1322,7503,0000023,74436,64136,66635,9700
total liabilities7,25819,63111,83775,8703,0005,94212,08948,73184,03364,57573,55921,499
net assets1,626,6451,825,6032,020,5731,890,3621,999,6252,099,7532,183,4162,121,6811,972,5532,177,0142,410,7583,235,831
total shareholders funds1,626,6451,825,6032,020,5731,890,3621,999,6252,099,7532,183,4162,121,6811,972,5532,177,0142,410,7583,235,831
Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-198,958-194,970160,754-109,263-100,945-88,80771,979185,360-206,866-235,634-827,1964,491,946
Depreciation000002,9257,12019,03123,77024,68526,15912,801
Amortisation000000000000
Tax00-30,543000-15,434-39,642000-1,258,223
Stock0000-1,110,40938,279-36,911-491,87954,17138,768-465,1861,973,167
Debtors-210,033-185,64967,975-34,2791,983,470-3,9247,6241,091-15,464-701,454171,415545,775
Creditors-11,0139,476-70,41573,120-5,942-6,147-4,205-19,99719,166-9,3865,01221,499
Accruals and Deferred Income-1,360-1,6826,382-2503,0000000000
Deferred Taxes & Provisions000000000000
Cash flow from operations-1,298-1,527-1,797-2,114-976,948-126,38488,747635,540-202,637442,351-502,254749,081
Investing Activities
capital expenditure1,2981,5271,7972,1142,48711,03330,231-3,069-18,813-20,240-64,157-68,055
Change in Investments000000000000
cash flow from investments1,2981,5271,7972,1142,48711,03330,231-3,069-18,813-20,240-64,157-68,055
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000-32,437-15,30529240247,0480
other long term liabilities000000000000
share issue0000-400000000400
interest00001,2175,1445,1903,4092,4051,8902,1231,708
cash flow from financing00008175,144-27,247-11,8962,6972,29249,1712,108
cash and cash equivalents
cash0000-973,644-110,20791,731620,576-218,753424,403-517,240683,134
overdraft000000000000
change in cash0000-973,644-110,20791,731620,576-218,753424,403-517,240683,134

P&L

April 2021

turnover

3.4m

-20%

operating profit

-199k

0%

gross margin

12.3%

+3.69%

turnover

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

Balance Sheet

April 2021

net assets

1.6m

-0.11%

total assets

1.6m

-0.11%

cash

0

0%

net assets

Total assets minus all liabilities

danbank developments limited company details

company number

01196480

Type

Private limited with Share Capital

industry

41100 - Development of building projects

64201 - Activities of agricultural holding companies

incorporation date

January 1975

age

49

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

dophshire builders limited (December 1979)

incorporated

UK

address

leonard curtis house, elms square, bury new road, greater manchester, M45 7TA

last accounts submitted

April 2021

danbank 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 107 charges/mortgages relating to danbank developments limited. Currently there are 40 open charges and 67 have been satisfied in the past.

charges

danbank developments limited Companies House Filings - See Documents

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