distinctive systems limited Company Information
Company Number
01632153
Website
www.distinctive-systems.comRegistered Address
amy johnson way, york, YO30 4XT
Industry
Other software publishing
Telephone
01904692269
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
mr michael john whitehead 32%
mrs jacqueline sheilah maclachlan whitehead 28%
View Alldistinctive systems limited Estimated Valuation
Pomanda estimates the enterprise value of DISTINCTIVE SYSTEMS LIMITED at £1m based on a Turnover of £1.7m and 0.58x industry multiple (adjusted for size and gross margin).
distinctive systems limited Estimated Valuation
Pomanda estimates the enterprise value of DISTINCTIVE SYSTEMS LIMITED at £2.2m based on an EBITDA of £536.3k and a 4.07x industry multiple (adjusted for size and gross margin).
distinctive systems limited Estimated Valuation
Pomanda estimates the enterprise value of DISTINCTIVE SYSTEMS LIMITED at £5.5m based on Net Assets of £3.1m and 1.75x industry multiple (adjusted for liquidity).
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Distinctive Systems Limited Overview
Distinctive Systems Limited is a live company located in york, YO30 4XT with a Companies House number of 01632153. It operates in the other software publishing sector, SIC Code 58290. Founded in April 1982, it's largest shareholder is mr michael john whitehead with a 32% stake. Distinctive Systems Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with declining growth in recent years.
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Distinctive Systems Limited Health Check
Pomanda's financial health check has awarded Distinctive Systems Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£5.5m)
- Distinctive Systems Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (6.8%)
- Distinctive Systems Limited
6.8% - Industry AVG
Production
with a gross margin of 74.6%, this company has a comparable cost of product (74.6%)
- Distinctive Systems Limited
74.6% - Industry AVG
Profitability
an operating margin of 20.2% make it more profitable than the average company (4.1%)
- Distinctive Systems Limited
4.1% - Industry AVG
Employees
with 20 employees, this is below the industry average (40)
20 - Distinctive Systems Limited
40 - Industry AVG
Pay Structure
on an average salary of £82.4k, the company has an equivalent pay structure (£82.4k)
- Distinctive Systems Limited
£82.4k - Industry AVG
Efficiency
resulting in sales per employee of £86.6k, this is less efficient (£155.7k)
- Distinctive Systems Limited
£155.7k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (55 days)
- Distinctive Systems Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (37 days)
- Distinctive Systems Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (15 days)
- Distinctive Systems Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 441 weeks, this is more cash available to meet short term requirements (14 weeks)
441 weeks - Distinctive Systems Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.5%, this is a lower level of debt than the average (58.9%)
10.5% - Distinctive Systems Limited
58.9% - Industry AVG
DISTINCTIVE SYSTEMS LIMITED financials
Distinctive Systems Limited's latest turnover from July 2023 is estimated at £1.7 million and the company has net assets of £3.1 million. According to their latest financial statements, Distinctive Systems Limited has 20 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 20 | 20 | 19 | 21 | 20 | 20 | 21 | 22 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 494,288 | 533,243 | 421,532 | 400,694 | 390,659 | 283,988 | 290,886 | 342,541 | 304,537 | 216,571 | 220,204 | 258,847 | 208,568 | 198,025 | 241,114 |
Intangible Assets | 2,221 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Debtors (Due After 1 year) | 197,676 | 215,184 | 197,638 | 245,152 | 204,464 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 694,189 | 748,431 | 619,174 | 645,850 | 595,127 | 283,992 | 290,890 | 342,545 | 304,541 | 216,575 | 220,208 | 258,851 | 208,572 | 198,029 | 241,118 |
Stock & work in progress | 2,157 | 3,553 | 4,204 | 9,636 | 2,655 | 4,477 | 4,715 | 6,433 | 8,039 | 4,140 | 5,894 | 7,182 | 5,876 | 6,768 | 9,312 |
Trade Debtors | 116,848 | 129,238 | 189,995 | 320,119 | 256,021 | 188,989 | 63,703 | 88,911 | 236,645 | 232,136 | 332,198 | 0 | 203,256 | 174,579 | 285,680 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 291,239 | 330,411 | 0 | 0 | 0 | 170,730 | 164,504 | 141,559 | 95,270 |
Misc Debtors | 66,783 | 72,980 | 66,147 | 64,721 | 49,426 | 249,360 | 60,038 | 85,406 | 153,806 | 129,300 | 0 | 193,458 | 10,349 | 19,929 | 12,802 |
Cash | 2,621,867 | 2,219,590 | 1,668,025 | 1,313,250 | 1,135,110 | 1,023,582 | 859,659 | 561,008 | 308,857 | 351,381 | 257,498 | 123,293 | 120,620 | 192,354 | 145,749 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,807,655 | 2,425,361 | 1,928,371 | 1,707,726 | 1,443,212 | 1,466,408 | 1,279,354 | 1,072,169 | 707,347 | 716,957 | 595,590 | 494,663 | 504,605 | 535,189 | 548,813 |
total assets | 3,501,844 | 3,173,792 | 2,547,545 | 2,353,576 | 2,038,339 | 1,750,400 | 1,570,244 | 1,414,714 | 1,011,888 | 933,532 | 815,798 | 753,514 | 713,177 | 733,218 | 789,931 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 26,355 | 43,147 | 21,469 | 25,279 | 27,145 | 27,780 | 24,579 | 29,739 | 142,025 | 133,586 | 142,094 | 113,454 | 142,713 | 229,925 | 123,522 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 2 | 0 | 10,002 | 6,682 | 18,099 | 13,317 | 11,917 | 3,065 | 14,830 | 4,167 | 752 |
other short term finances | 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 | 19,372 | 46,779 | 29,681 | 36,922 | 23,939 | 24,053 | 40,597 |
other current liabilities | 282,173 | 299,369 | 209,333 | 207,674 | 242,388 | 238,886 | 184,982 | 253,634 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 308,528 | 342,516 | 230,802 | 232,953 | 269,535 | 266,666 | 219,563 | 290,055 | 179,496 | 193,682 | 183,692 | 153,441 | 181,482 | 258,145 | 164,871 |
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 | 19,372 | 36,590 | 52,269 | 7,576 | 7,894 | 23,519 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 1,002 | 9,327 | 9,977 | 977 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 59,924 | 42,788 | 38,812 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 60,926 | 52,115 | 48,789 | 977 | 0 | 0 | 0 | 0 | 0 | 19,372 | 36,590 | 52,269 | 7,576 | 7,894 | 23,519 |
total liabilities | 369,454 | 394,631 | 279,591 | 233,930 | 269,535 | 266,666 | 219,563 | 290,055 | 179,496 | 213,054 | 220,282 | 205,710 | 189,058 | 266,039 | 188,390 |
net assets | 3,132,390 | 2,779,161 | 2,267,954 | 2,119,646 | 1,768,804 | 1,483,734 | 1,350,681 | 1,124,659 | 832,392 | 720,478 | 595,516 | 547,804 | 524,119 | 467,179 | 601,541 |
total shareholders funds | 3,132,390 | 2,779,161 | 2,267,954 | 2,119,646 | 1,768,804 | 1,483,734 | 1,350,681 | 1,124,659 | 832,392 | 720,478 | 595,516 | 547,804 | 524,119 | 467,179 | 601,541 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 186,316 | 153,907 | 166,754 | 146,452 | 147,663 | 147,203 | 132,602 | 0 | 0 | 99,914 | 91,978 | 93,090 | 96,134 | ||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | -1,396 | -651 | -5,432 | 6,981 | -1,822 | -238 | -1,718 | -1,606 | 3,899 | -1,754 | -1,288 | 1,306 | -892 | -2,544 | 9,312 |
Debtors | -36,095 | -36,378 | -176,212 | 120,081 | 71,562 | 23,369 | -89,748 | 114,277 | 29,015 | 29,238 | -31,990 | -13,921 | 42,042 | -57,685 | 393,752 |
Creditors | -16,792 | 21,678 | -3,810 | -1,866 | -635 | 3,201 | -5,160 | -112,286 | 8,439 | -8,508 | 28,640 | -29,259 | -87,212 | 106,403 | 123,522 |
Accruals and Deferred Income | -17,196 | 90,036 | 1,659 | -34,714 | 3,502 | 53,904 | -68,652 | 253,634 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 17,136 | 3,976 | 38,812 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
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 | 0 | 0 | 0 | -2 | 2 | -10,002 | 3,320 | -11,417 | 4,782 | 1,400 | 8,852 | -11,765 | 10,663 | 3,415 | 752 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -19,372 | -46,779 | -120 | -22,920 | 57,676 | -432 | -32,169 | 64,116 |
other long term liabilities | -8,325 | -650 | 9,000 | 977 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 402,277 | 551,565 | 354,775 | 178,140 | 111,528 | 163,923 | 298,651 | 252,151 | -42,524 | 93,883 | 134,205 | 2,673 | -71,734 | 46,605 | 145,749 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 402,277 | 551,565 | 354,775 | 178,140 | 111,528 | 163,923 | 298,651 | 252,151 | -42,524 | 93,883 | 134,205 | 2,673 | -71,734 | 46,605 | 145,749 |
distinctive systems limited Credit Report and Business Information
Distinctive Systems Limited Competitor Analysis
Perform a competitor analysis for distinctive systems limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in YO30 area or any other competitors across 12 key performance metrics.
distinctive systems limited Ownership
DISTINCTIVE SYSTEMS LIMITED group structure
Distinctive Systems Limited has no subsidiary companies.
Ultimate parent company
DISTINCTIVE SYSTEMS LIMITED
01632153
distinctive systems limited directors
Distinctive Systems Limited currently has 6 directors. The longest serving directors include Mr Michael Whitehead (Dec 1992) and Mrs Jacqueline Whitehead (Dec 1992).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Whitehead | 73 years | Dec 1992 | - | Director | |
Mrs Jacqueline Whitehead | 74 years | Dec 1992 | - | Director | |
Mr Alexander Whitehead | 48 years | Apr 2012 | - | Director | |
Mr Edward Whitehead | 46 years | Apr 2012 | - | Director | |
Mr Paul McJannett | 46 years | May 2014 | - | Director | |
Mr Andrew Fraser | 63 years | May 2014 | - | Director |
P&L
July 2023turnover
1.7m
0%
operating profit
349.9k
0%
gross margin
74.7%
+2.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
3.1m
+0.13%
total assets
3.5m
+0.1%
cash
2.6m
+0.18%
net assets
Total assets minus all liabilities
distinctive systems limited company details
company number
01632153
Type
Private limited with Share Capital
industry
58290 - Other software publishing
incorporation date
April 1982
age
42
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
dropkale limited (July 1982)
accountant
MICHAEL PRICE ASSOCIATES LTD
auditor
-
address
amy johnson way, york, YO30 4XT
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
distinctive systems 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 distinctive systems limited. Currently there are 1 open charges and 4 have been satisfied in the past.
distinctive systems limited Companies House Filings - See Documents
date | description | view/download |
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