danco international limited
danco international limited Company Information
Company Number
01232376
Website
www.danco.co.ukRegistered Address
the pavilion centre,, frog lane,, coalpit heath,, bristol., BS36 2NW
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Telephone
01454250222
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
a.s. dann 83.3%
danco executive pension scheme 16.7%
danco international limited Estimated Valuation
Pomanda estimates the enterprise value of DANCO INTERNATIONAL LIMITED at £2.1m based on a Turnover of £2.8m and 0.75x industry multiple (adjusted for size and gross margin).
danco international limited Estimated Valuation
Pomanda estimates the enterprise value of DANCO INTERNATIONAL LIMITED at £5.7m based on an EBITDA of £1.9m and a 2.98x industry multiple (adjusted for size and gross margin).
danco international limited Estimated Valuation
Pomanda estimates the enterprise value of DANCO INTERNATIONAL LIMITED at £10.1m based on Net Assets of £4.7m and 2.14x industry multiple (adjusted for liquidity).
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Danco International Limited Overview
Danco International Limited is a live company located in coalpit heath,, BS36 2NW with a Companies House number of 01232376. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in November 1975, it's largest shareholder is a.s. dann with a 83.3% stake. Danco International Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with declining growth in recent years.
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Danco International Limited Health Check
Pomanda's financial health check has awarded Danco International Limited a 3.5 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
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.8m, make it smaller than the average company (£9.1m)
- Danco International Limited
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (4.7%)
- Danco International Limited
4.7% - Industry AVG
Production
with a gross margin of 47.1%, this company has a comparable cost of product (47.1%)
- Danco International Limited
47.1% - Industry AVG
Profitability
an operating margin of 48.3% make it more profitable than the average company (12.6%)
- Danco International Limited
12.6% - Industry AVG
Employees
with 39 employees, this is similar to the industry average (40)
39 - Danco International Limited
40 - Industry AVG
Pay Structure
on an average salary of £43.7k, the company has an equivalent pay structure (£43.7k)
- Danco International Limited
£43.7k - Industry AVG
Efficiency
resulting in sales per employee of £73k, this is less efficient (£199.5k)
- Danco International Limited
£199.5k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (60 days)
- Danco International Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is quicker than average (52 days)
- Danco International Limited
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Danco International Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Danco International Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41%, this is a lower level of debt than the average (61%)
41% - Danco International Limited
61% - Industry AVG
DANCO INTERNATIONAL LIMITED financials
Danco International Limited's latest turnover from January 2023 is estimated at £2.8 million and the company has net assets of £4.7 million. According to their latest financial statements, Danco International Limited has 39 employees and maintains cash reserves of £4.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,754,629 | 2,277,723 | 7,188,521 | 7,484,320 | 8,345,397 | 7,200,133 | 7,621,181 | 7,794,850 | 5,063,844 | 5,809,199 | 5,182,038 | 4,582,984 | 4,969,231 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 2,280,427 | 1,759,625 | 4,145,545 | 4,315,115 | 4,873,727 | 4,233,104 | 4,745,304 | 4,552,891 | 3,131,975 | 218,397 | 299,550 | 230,881 | 268,509 | |
| Gross Profit | 1,474,202 | 518,098 | 3,042,976 | 3,169,205 | 3,471,670 | 2,967,029 | 2,875,877 | 3,241,959 | 1,931,869 | 5,590,802 | 4,882,488 | 4,352,103 | 4,700,722 | |
| Admin Expenses | 2,004,504 | 1,668,847 | 2,475,572 | 3,428,518 | 3,571,940 | 3,270,490 | 2,772,787 | 2,577,595 | 2,155,449 | 5,225,457 | 4,571,685 | 4,406,254 | 4,569,910 | |
| Operating Profit | -530,302 | -1,150,749 | 567,404 | -259,313 | -100,270 | -303,461 | 103,090 | 664,364 | -223,580 | 365,345 | 310,803 | -54,151 | 130,812 | |
| Interest Payable | 107,194 | 114,082 | 138,576 | 105,580 | 87,527 | 107,354 | 80,921 | 76,225 | 74,329 | 48,655 | 61,732 | 70,103 | 72,334 | |
| Interest Receivable | 4,613 | 4,068 | 3,556 | 5,582 | 0 | 0 | 0 | 558 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | -632,883 | -1,260,763 | 432,384 | -359,311 | -187,797 | -410,815 | 22,169 | 588,697 | -297,909 | 316,690 | 249,071 | -124,254 | 58,478 | |
| Tax | 83,744 | 8,845 | -42,493 | 70,714 | 22,738 | 27,070 | -12,818 | -205,671 | 124,799 | -94,257 | -48,388 | 27,208 | -20,881 | |
| Profit After Tax | -549,139 | -1,251,918 | 389,891 | -288,597 | -165,059 | -383,745 | 9,351 | 383,026 | -173,110 | 222,433 | 200,683 | -97,046 | 37,597 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -490,150 | -1,148,841 | 304,796 | -216,263 | -116,726 | -240,688 | -46,962 | 383,026 | -173,110 | 222,433 | 200,683 | -97,046 | 37,597 | |
| Employee Costs | 1,910,008 | 1,807,785 | 3,573,540 | 3,615,714 | 3,944,731 | 3,264,559 | 3,241,048 | 3,108,822 | 2,435,781 | 2,574,158 | 2,416,166 | 2,340,117 | 2,352,170 | |
| Number Of Employees | 39 | 48 | 66 | 111 | 128 | 135 | 112 | 123 | 99 | 97 | 103 | 96 | 93 | 97 |
| EBITDA* | 304,993 | -223,306 | 1,592,351 | 758,181 | 872,958 | 644,489 | 970,409 | 1,483,572 | 501,576 | 1,056,190 | 972,398 | 486,784 | 744,669 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,277,522 | 7,904,520 | 8,363,366 | 8,399,496 | 8,671,554 | 8,816,721 | 8,632,110 | 7,733,580 | 7,002,852 | 6,784,216 | 6,492,424 | 6,271,806 | 6,374,375 | 5,820,569 |
| Intangible Assets | 0 | 60,000 | 84,000 | 108,000 | 132,000 | 156,000 | 180,000 | 204,000 | 229,919 | 4,482 | 7,045 | 9,608 | 12,171 | 14,734 |
| Investments & Other | 100,640 | 156,037 | 97,048 | 0 | 79,066 | 56,742 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,378,162 | 8,120,557 | 8,544,414 | 8,507,496 | 8,882,620 | 9,029,463 | 8,812,110 | 7,937,580 | 7,232,771 | 6,788,698 | 6,499,469 | 6,281,414 | 6,386,546 | 5,835,303 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 24,220 | 684,190 | 181,745 | 260,763 | 273,019 | 372,767 | 357,711 | 600,811 | 266,533 | 160,020 | 146,821 | 283,540 | 85,761 | 305,455 |
| Group Debtors | 305,069 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 307,202 | 379,043 | 706,728 | 1,242,567 | 351,405 | 461,522 | 666,723 | 420,416 | 661,010 | 150,104 | 50,499 | 187,923 | 103,521 | 128,102 |
| Cash | 4,466 | 5,776 | 182,824 | 477,627 | 187,652 | 124,877 | 209,603 | 76,188 | 210,815 | 441 | 1,351 | 1,618 | 2,266 | 715 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 640,957 | 1,069,009 | 1,071,297 | 1,980,957 | 812,076 | 959,166 | 1,234,037 | 1,097,415 | 1,138,358 | 310,565 | 198,671 | 473,081 | 191,548 | 434,272 |
| total assets | 8,019,119 | 9,189,566 | 9,615,711 | 10,488,453 | 9,694,696 | 9,988,629 | 10,046,147 | 9,034,995 | 8,371,129 | 7,099,263 | 6,698,140 | 6,754,495 | 6,578,094 | 6,269,575 |
| Bank overdraft | 424,913 | 160,277 | 680,068 | 2,234,453 | 2,134,939 | 1,721,289 | 1,570,794 | 1,290,527 | 908,003 | 1,233,533 | 617,352 | 773,676 | 800,172 | 694,029 |
| Bank loan | 0 | 320,000 | 106,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52,162 | 130,997 | 127,162 | 124,646 |
| Trade Creditors | 181,204 | 509,473 | 410,806 | 501,137 | 365,218 | 666,274 | 449,922 | 422,499 | 273,164 | 111,123 | 104,476 | 190,757 | 107,592 | 295,526 |
| Group/Directors Accounts | 63,220 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 45,000 | 60,000 | 60,000 | 60,000 | 60,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 95,901 | 236,239 | 307,489 | 475,730 | 430,782 | 475,309 | 525,049 | 453,778 | 449,821 | 484,114 | 344,690 | 322,493 | 357,633 | 280,020 |
| other current liabilities | 795,448 | 1,961,264 | 1,228,877 | 1,270,199 | 1,100,325 | 1,159,151 | 1,151,973 | 998,424 | 1,171,839 | 381,659 | 616,922 | 560,036 | 347,019 | 382,345 |
| total current liabilities | 1,560,686 | 3,187,253 | 2,733,907 | 4,481,519 | 4,076,264 | 4,082,023 | 3,757,738 | 3,225,228 | 2,862,827 | 2,210,429 | 1,735,602 | 1,977,959 | 1,739,578 | 1,776,566 |
| loans | 880,000 | 1,200,000 | 1,493,333 | 0 | 0 | 45,000 | 105,000 | 165,000 | 225,000 | 0 | 0 | 54,329 | 186,365 | 312,729 |
| hp & lease commitments | 64,958 | 160,858 | 173,122 | 380,162 | 344,974 | 251,162 | 480,379 | 496,105 | 248,604 | 433,193 | 291,577 | 242,127 | 331,361 | 207,766 |
| Accruals and Deferred Income | 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 |
| provisions | 782,186 | 910,933 | 994,677 | 865,772 | 823,283 | 894,016 | 927,356 | 597,624 | 493,011 | 397,000 | 439,210 | 470,762 | 512,155 | 526,308 |
| total long term liabilities | 1,727,144 | 2,271,791 | 2,661,132 | 1,245,934 | 1,168,257 | 1,190,178 | 1,512,735 | 1,258,729 | 966,615 | 830,193 | 730,787 | 767,218 | 1,029,881 | 1,046,803 |
| total liabilities | 3,287,830 | 5,459,044 | 5,395,039 | 5,727,453 | 5,244,521 | 5,272,201 | 5,270,473 | 4,483,957 | 3,829,442 | 3,040,622 | 2,466,389 | 2,745,177 | 2,769,459 | 2,823,369 |
| net assets | 4,731,289 | 3,730,522 | 4,220,672 | 4,754,971 | 4,450,175 | 4,716,428 | 4,684,343 | 4,266,400 | 4,313,362 | 4,058,641 | 4,231,751 | 4,009,318 | 3,808,635 | 3,446,206 |
| total shareholders funds | 4,731,289 | 3,730,522 | 4,220,672 | 4,754,971 | 4,450,175 | 4,716,428 | 4,684,343 | 4,266,400 | 4,313,362 | 4,058,641 | 4,231,751 | 4,009,318 | 3,808,635 | 3,446,206 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -530,302 | -1,150,749 | 567,404 | -259,313 | -100,270 | -303,461 | 103,090 | 664,364 | -223,580 | 365,345 | 310,803 | -54,151 | 130,812 | |
| Depreciation | 550,630 | 811,295 | 903,443 | 1,000,947 | 993,494 | 949,228 | 923,950 | 841,400 | 804,645 | 722,593 | 688,282 | 659,032 | 538,372 | 611,294 |
| Amortisation | 0 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 25,919 | 14,563 | 2,563 | 2,563 | 2,563 | 2,563 | 2,563 |
| Tax | 83,744 | 8,845 | -42,493 | 70,714 | 22,738 | 27,070 | -12,818 | -205,671 | 124,799 | -94,257 | -48,388 | 27,208 | -20,881 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -426,742 | 174,760 | -614,857 | 878,906 | -209,865 | -190,145 | 3,207 | 93,684 | 927,543 | 112,804 | -274,143 | 282,181 | -244,275 | 433,557 |
| Creditors | -328,269 | 98,667 | -90,331 | 135,919 | -301,056 | 216,352 | 27,423 | 149,335 | 273,164 | 6,647 | -86,281 | 83,165 | -187,934 | 295,526 |
| Accruals and Deferred Income | -1,165,816 | 732,387 | -41,322 | 169,874 | -58,826 | 7,178 | 153,549 | -173,415 | 1,171,839 | -235,263 | 56,886 | 213,017 | -35,326 | 382,345 |
| Deferred Taxes & Provisions | -128,747 | -83,744 | 128,905 | 42,489 | -70,733 | -33,340 | 329,732 | 104,613 | 493,011 | -42,210 | -31,552 | -41,393 | -14,153 | 526,308 |
| Cash flow from operations | 961,287 | 397,648 | 1,019,234 | 608,145 | 1,276,031 | 1,179,056 | 944,440 | 2,288,372 | 242,745 | 1,175,129 | 896,618 | 520,854 | 1,494,410 | |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | -848,327 | -1,088,656 | -869,638 | -1,555,452 | -1,263,281 | -1,009,507 | -410,832 | -286,299 | -158,899 | -266,271 | |
| Change in Investments | -55,397 | 58,989 | 97,048 | -79,066 | 22,324 | 56,742 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -58,989 | -97,048 | 79,066 | -870,651 | -1,145,398 | -869,638 | -1,555,452 | -1,263,281 | -1,009,507 | -410,832 | -286,299 | -158,899 | -266,271 | |
| Financing Activities | ||||||||||||||
| Bank loans | -320,000 | 213,333 | 106,667 | 0 | 0 | 0 | 0 | 0 | 0 | -52,162 | -78,835 | 3,835 | 2,516 | 124,646 |
| Group/Directors Accounts | 63,220 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -45,000 | -15,000 | 0 | 0 | 0 | 60,000 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -320,000 | -293,333 | 1,493,333 | 0 | -45,000 | -60,000 | -60,000 | -60,000 | 225,000 | 0 | -54,329 | -132,036 | -126,364 | 312,729 |
| Hire Purchase and Lease Commitments | -236,238 | -83,514 | -375,281 | 80,136 | 49,285 | -278,957 | 55,545 | 251,458 | 698,425 | 281,040 | 71,647 | -124,374 | 201,208 | 487,786 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -102,581 | -110,014 | -135,020 | -99,998 | -87,527 | -107,354 | -80,921 | -75,667 | -74,329 | -48,655 | -61,732 | -70,103 | -72,334 | |
| cash flow from financing | -266,095 | 1,729,247 | -99,884 | -160,703 | -277,673 | 546,822 | 110,537 | 4,838,094 | 154,549 | -110,172 | -314,307 | 466,732 | 4,261,436 | |
| cash and cash equivalents | ||||||||||||||
| cash | -1,310 | -177,048 | -294,803 | 289,975 | 62,775 | -84,726 | 133,415 | -134,627 | 210,815 | -910 | -267 | -648 | 1,551 | 715 |
| overdraft | 264,636 | -519,791 | -1,554,385 | 99,514 | 413,650 | 150,495 | 280,267 | 382,524 | 908,003 | 616,181 | -156,324 | -26,496 | 106,143 | 694,029 |
| change in cash | -265,946 | 342,743 | 1,259,582 | 190,461 | -350,875 | -235,221 | -146,852 | -517,151 | -697,188 | -617,091 | 156,057 | 25,848 | -104,592 | -693,314 |
danco international limited Credit Report and Business Information
Danco International Limited Competitor Analysis
Perform a competitor analysis for danco international limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in BS36 area or any other competitors across 12 key performance metrics.
danco international limited Ownership
DANCO INTERNATIONAL LIMITED group structure
Danco International Limited has 2 subsidiary companies.
Ultimate parent company
DANCO INTERNATIONAL LIMITED
01232376
2 subsidiaries
danco international limited directors
Danco International Limited currently has 2 directors. The longest serving directors include Mr Adrian Dann (Sep 1991) and Mrs Mary Dann (Mar 1994).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Dann | 63 years | Sep 1991 | - | Director | |
| Mrs Mary Dann | 66 years | Mar 1994 | - | Director |
P&L
January 2023turnover
2.8m
-24%
operating profit
1.4m
0%
gross margin
47.2%
+20.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
4.7m
+0.27%
total assets
8m
-0.13%
cash
4.5k
-0.23%
net assets
Total assets minus all liabilities
danco international limited company details
company number
01232376
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
November 1975
age
49
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2023
previous names
danco international plc (April 2022)
danco hire ( bristol ) limited (October 1992)
accountant
HAINES WATTS
auditor
-
address
the pavilion centre,, frog lane,, coalpit heath,, bristol., BS36 2NW
Bank
BARCLAYS BANK PLC
Legal Advisor
-
danco international 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 19 charges/mortgages relating to danco international limited. Currently there are 2 open charges and 17 have been satisfied in the past.
danco international limited Companies House Filings - See Documents
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