drummond business limited
drummond business limited Company Information
Company Number
01216574
Next Accounts
Feb 2025
Shareholders
robert christopher goodwin
alison jean goodwin
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
leonard curtis house, elms square, bury new road, greater manchester, M45 7TA
Website
goodwinsremovals.co.ukdrummond business limited Estimated Valuation
Pomanda estimates the enterprise value of DRUMMOND BUSINESS LIMITED at £259.1k based on a Turnover of £100.5k and 2.58x industry multiple (adjusted for size and gross margin).
drummond business limited Estimated Valuation
Pomanda estimates the enterprise value of DRUMMOND BUSINESS LIMITED at £0 based on an EBITDA of £-3.7k and a 5.1x industry multiple (adjusted for size and gross margin).
drummond business limited Estimated Valuation
Pomanda estimates the enterprise value of DRUMMOND BUSINESS LIMITED at £454.5k based on Net Assets of £265.8k and 1.71x industry multiple (adjusted for liquidity).
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Drummond Business Limited Overview
Drummond Business Limited is a dissolved company that was located in greater manchester, M45 7TA with a Companies House number of 01216574. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 1975, it's largest shareholder was robert christopher goodwin with a 50% stake. The last turnover for Drummond Business Limited was estimated at £100.5k.
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Drummond Business Limited Health Check
Pomanda's financial health check has awarded Drummond Business 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
2 Regular
7 Weak
Size
annual sales of £100.5k, make it smaller than the average company (£448.2k)
- Drummond Business Limited
£448.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (3%)
- Drummond Business Limited
3% - Industry AVG
Production
with a gross margin of 36%, this company has a higher cost of product (74.9%)
- Drummond Business Limited
74.9% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (50.8%)
- Drummond Business Limited
50.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Drummond Business Limited
4 - Industry AVG
Pay Structure
on an average salary of £25.6k, the company has an equivalent pay structure (£25.6k)
- Drummond Business Limited
£25.6k - Industry AVG
Efficiency
resulting in sales per employee of £100.5k, this is less efficient (£123k)
- Drummond Business Limited
£123k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (26 days)
- Drummond Business Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is close to average (43 days)
- Drummond Business Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Drummond Business Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Drummond Business Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.4%, this is a lower level of debt than the average (58.9%)
7.4% - Drummond Business Limited
58.9% - Industry AVG
DRUMMOND BUSINESS LIMITED financials
Drummond Business Limited's latest turnover from March 2017 is estimated at £100.5 thousand and the company has net assets of £265.8 thousand. According to their latest financial statements, we estimate that Drummond Business Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 263,493 | 0 | 289,297 | 300,139 | 305,105 | 321,920 | 351,058 | 329,958 |
| Intangible Assets | 0 | 0 | 900 | 900 | 900 | 900 | 900 | 900 |
| Investments & Other | 0 | 263,493 | 10,625 | 10,625 | 10,625 | 10,625 | 10,625 | 10,624 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 263,493 | 263,493 | 300,822 | 311,664 | 316,630 | 333,445 | 362,583 | 341,482 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 23,450 | 15,750 | 35,268 | 46,201 | 54,747 | 58,376 | 36,633 | 72,142 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 12,722 | 20,730 | 10,219 | 185 | 5,286 | 19,437 | 3,041 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 23,450 | 28,472 | 55,998 | 56,420 | 54,932 | 63,662 | 56,070 | 75,183 |
| total assets | 286,943 | 291,965 | 356,820 | 368,084 | 371,562 | 397,107 | 418,653 | 416,665 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,009 | 21,464 | 70,262 | 84,903 | 82,227 | 94,379 | 76,957 | 87,557 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 8,009 | 21,464 | 70,262 | 84,903 | 82,227 | 94,379 | 76,957 | 87,557 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 13,150 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 1,322 | 13,382 | 22,090 | 35,249 | 70,662 | 61,928 |
| provisions | 0 | 0 | 4,191 | 5,678 | 31,303 | 33,654 | 0 | 0 |
| total long term liabilities | 13,150 | 0 | 5,513 | 19,060 | 53,393 | 68,903 | 70,662 | 61,928 |
| total liabilities | 21,159 | 21,464 | 75,775 | 103,963 | 135,620 | 163,282 | 147,619 | 149,485 |
| net assets | 265,784 | 270,501 | 281,045 | 264,121 | 235,942 | 233,825 | 271,034 | 267,180 |
| total shareholders funds | 265,784 | 270,501 | 281,045 | 264,121 | 235,942 | 233,825 | 271,034 | 267,180 |
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 3,037 | 12,142 | 15,466 | 17,395 | 23,016 | 23,236 | 25,699 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 7,700 | -19,518 | -10,933 | -8,546 | -3,629 | 21,743 | -35,509 | 72,142 |
| Creditors | -13,455 | -48,798 | -14,641 | 2,676 | -12,152 | 17,422 | -10,600 | 87,557 |
| Accruals and Deferred Income | 13,150 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -4,191 | -1,487 | -25,625 | -2,351 | 33,654 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -263,493 | 252,868 | 0 | 0 | 0 | 0 | 1 | 10,624 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -1,322 | -12,060 | -8,708 | -13,159 | -35,413 | 8,734 | 61,928 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -12,722 | -8,008 | 10,511 | 10,034 | -5,101 | -14,151 | 16,396 | 3,041 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -12,722 | -8,008 | 10,511 | 10,034 | -5,101 | -14,151 | 16,396 | 3,041 |
drummond business limited Credit Report and Business Information
Drummond Business Limited Competitor Analysis
Perform a competitor analysis for drummond business limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in M45 area or any other competitors across 12 key performance metrics.
drummond business limited Ownership
DRUMMOND BUSINESS LIMITED group structure
Drummond Business Limited has no subsidiary companies.
Ultimate parent company
DRUMMOND BUSINESS LIMITED
01216574
drummond business limited directors
Drummond Business Limited currently has 2 directors. The longest serving directors include Mr Robert Goodwin (Dec 1990) and Mrs Alison Goodwin (Jun 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Goodwin | 76 years | Dec 1990 | - | Director | |
| Mrs Alison Goodwin | England | 77 years | Jun 2011 | - | Director |
P&L
March 2017turnover
100.5k
+39%
operating profit
-3.7k
0%
gross margin
36%
+8.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2017net assets
265.8k
-0.02%
total assets
286.9k
-0.02%
cash
0
-1%
net assets
Total assets minus all liabilities
drummond business limited company details
company number
01216574
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
June 1975
age
50
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2017
previous names
goodwins (removals stafford) limited (August 2015)
accountant
-
auditor
-
address
leonard curtis house, elms square, bury new road, greater manchester, M45 7TA
Bank
-
Legal Advisor
-
drummond business 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 5 charges/mortgages relating to drummond business limited. Currently there are 0 open charges and 5 have been satisfied in the past.
drummond business 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 DRUMMOND BUSINESS LIMITED. This can take several minutes, an email will notify you when this has completed.
drummond business limited Companies House Filings - See Documents
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