driffield properties limited

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driffield properties limited Company Information

Share DRIFFIELD PROPERTIES LIMITED

Company Number

01760627

Shareholders

anna louise beckwith

simon clubley

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Group Structure

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Industry

Buying and selling of own real estate

 +1

Registered Address

4 norfolk street, beverley, east yorkshire, HU17 7DN

driffield properties limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of DRIFFIELD PROPERTIES LIMITED at £2.4m based on a Turnover of £755.4k and 3.17x industry multiple (adjusted for size and gross margin).

driffield properties limited Estimated Valuation

£645.3k

Pomanda estimates the enterprise value of DRIFFIELD PROPERTIES LIMITED at £645.3k based on an EBITDA of £99k and a 6.52x industry multiple (adjusted for size and gross margin).

driffield properties limited Estimated Valuation

£2.5m

Pomanda estimates the enterprise value of DRIFFIELD PROPERTIES LIMITED at £2.5m based on Net Assets of £1.5m and 1.68x industry multiple (adjusted for liquidity).

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Driffield Properties Limited Overview

Driffield Properties Limited is a live company located in east yorkshire, HU17 7DN with a Companies House number of 01760627. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 1983, it's largest shareholder is anna louise beckwith with a 33.3% stake. Driffield Properties Limited is a mature, small sized company, Pomanda has estimated its turnover at £755.4k with healthy growth in recent years.

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Driffield Properties Limited Health Check

Pomanda's financial health check has awarded Driffield Properties Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

1 Strong

positive_score

6 Regular

positive_score

2 Weak

size

Size

annual sales of £755.4k, make it in line with the average company (£873.2k)

£755.4k - Driffield Properties Limited

£873.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4%)

5% - Driffield Properties Limited

4% - Industry AVG

production

Production

with a gross margin of 71.2%, this company has a comparable cost of product (71.2%)

71.2% - Driffield Properties Limited

71.2% - Industry AVG

profitability

Profitability

an operating margin of 13.1% make it less profitable than the average company (28.4%)

13.1% - Driffield Properties Limited

28.4% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Driffield Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)

£35.4k - Driffield Properties Limited

£35.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £188.8k, this is equally as efficient (£188.8k)

£188.8k - Driffield Properties Limited

£188.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Driffield Properties Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Driffield Properties Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Driffield Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (10 weeks)

5 weeks - Driffield Properties Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.1%, this is a lower level of debt than the average (62.9%)

19.1% - Driffield Properties Limited

62.9% - Industry AVG

DRIFFIELD PROPERTIES LIMITED financials

EXPORTms excel logo

Driffield Properties Limited's latest turnover from March 2024 is estimated at £755.4 thousand and the company has net assets of £1.5 million. According to their latest financial statements, Driffield Properties Limited has 4 employees and maintains cash reserves of £23.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover755,351737,196697,413661,446748,645699,73884,958167,676189,749942,2451,041,847953,206817,898382,69578,400
Other Income Or Grants000000000000000
Cost Of Sales217,415216,916206,888189,960216,659201,30724,25748,27957,363333,905381,622325,829272,601129,06826,736
Gross Profit537,935520,280490,526471,486531,986498,43160,701119,397132,387608,340660,226627,376545,298253,62751,664
Admin Expenses438,958515,939370,723346,061416,168416,58278128,592-59,032508,762546,996565,925495,913188,489-564,682
Operating Profit98,9774,341119,803125,425115,81881,84959,92090,805191,41999,578113,23061,45149,38565,138616,346
Interest Payable21,14129,81727,07228,02831,51818,3862,6875,7435,6425,6557,5404,241000
Interest Receivable1,3258271392017159246157193113139246308254104
Pre-Tax Profit79,160-24,64992,86997,41784,31763,62257,47985,220185,97094,037105,82957,45549,69365,392616,450
Tax-19,7900-17,645-18,509-16,020-12,088-10,921-17,044-37,194-19,748-24,341-13,789-12,920-18,310-172,606
Profit After Tax59,370-24,64975,22478,90868,29751,53446,55868,176148,77674,28981,48843,66636,77347,082443,844
Dividends Paid000000000000000
Retained Profit59,370-24,64975,22478,90868,29751,53446,55868,176148,77674,28981,48843,66636,77347,082443,844
Employee Costs141,758131,541132,082125,015132,411131,11530,55730,18731,931152,759181,419171,298141,47785,33328,782
Number Of Employees444444111566531
EBITDA*98,9774,341119,803125,425115,81881,84959,92090,805191,52799,717113,36861,48549,38565,138616,346

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,784,3711,784,3712,010,6952,010,6952,010,695174,453174,453174,453174,4531,476,6171,476,7561,441,2271,109,561879,127742,565
Intangible Assets000000000000000
Investments & Other000001,692,5871,102,0561,102,0561,102,056000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,784,3711,784,3712,010,6952,010,6952,010,6951,867,0401,276,5091,276,5091,276,5091,476,6171,476,7561,441,2271,109,561879,127742,565
Stock & work in progress000000000000000
Trade Debtors000000000000000
Group Debtors000000000000000
Misc Debtors000000000000000
Cash23,34727,12011,80225,17515,81317,99024,28173,97951,94925,08320,28835,12963,22260,00841,488
misc current assets000000000000000
total current assets23,34727,12011,80225,17515,81317,99024,28173,97951,94925,08320,28835,12963,22260,00841,488
total assets1,807,7181,811,4912,022,4972,035,8702,026,5081,885,0301,300,7901,350,4881,328,4581,501,7001,497,0441,476,3561,172,783939,135784,053
Bank overdraft0064,47529,94259,6160019,14518,395000000
Bank loan0000058,558000000000
Trade Creditors 0000001,30900304,123320,156327,356289,349145,23829,649
Group/Directors Accounts155,570176,074199,368218,348231,0890000000000
other short term finances40,00000000000000000
hp & lease commitments000000000000000
other current liabilities23,71922,18423,44734,52233,053134,819145,562160,453188,186000000
total current liabilities219,289198,258287,290282,812323,758193,377146,871179,598206,581304,123320,156327,356289,349145,23829,649
loans125,848210,000307,325400,400429,000486,200063,52982,69272,500101,500130,500000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000128,300152,900177,50086,10033,33640,925
provisions000000000000000
total long term liabilities125,848210,000307,325400,400429,000486,200063,52982,692200,800254,400308,00086,10033,33640,925
total liabilities345,137408,258594,615683,212752,758679,577146,871243,127289,273504,923574,556635,356375,449178,57470,574
net assets1,462,5811,403,2331,427,8821,352,6581,273,7501,205,4531,153,9191,107,3611,039,185996,777922,488841,000797,334760,561713,479
total shareholders funds1,462,5811,403,2331,427,8821,352,6581,273,7501,205,4531,153,9191,107,3611,039,185996,777922,488841,000797,334760,561713,479
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit98,9774,341119,803125,425115,81881,84959,92090,805191,41999,578113,23061,45149,38565,138616,346
Depreciation0000000010813913834000
Amortisation000000000000000
Tax-19,7900-17,645-18,509-16,020-12,088-10,921-17,044-37,194-19,748-24,341-13,789-12,920-18,310-172,606
Stock000000000000000
Debtors000000000000000
Creditors00000-1,3091,3090-304,123-16,033-7,20038,007144,111115,58929,649
Accruals and Deferred Income1,535-1,263-11,0751,469-101,766-10,743-14,891-27,733188,186000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations80,7223,07891,083108,385-1,96857,70935,41746,02838,39663,93681,82785,703180,576162,417473,389
Investing Activities
capital expenditure0226,32400-1,836,2420001,302,0560-35,667-331,700-230,434-136,562-742,565
Change in Investments0000-1,692,587590,531001,102,056000000
cash flow from investments0226,32400-143,655-590,53100200,0000-35,667-331,700-230,434-136,562-742,565
Financing Activities
Bank loans0000-58,55858,558000000000
Group/Directors Accounts-20,504-23,294-18,980-12,741231,0890000000000
Other Short Term Loans 40,00000000000000000
Long term loans-84,152-97,325-93,075-28,600-57,200486,200-63,529-19,16310,192-29,000-29,000130,500000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000000-128,300-24,600-24,60091,40052,764-7,58940,925
share issue-220000000-106,36800000269,635
interest-19,816-28,990-26,933-28,008-31,501-18,227-2,441-5,586-5,449-5,542-7,401-3,995308254104
cash flow from financing-84,494-149,609-138,988-69,34983,830526,531-65,970-24,749-229,925-59,142-61,001217,90553,072-7,335310,664
cash and cash equivalents
cash-3,77315,318-13,3739,362-2,177-6,291-49,69822,03026,8664,795-14,841-28,0933,21418,52041,488
overdraft0-64,47534,533-29,67459,6160-19,14575018,395000000
change in cash-3,77379,793-47,90639,036-61,793-6,291-30,55321,2808,4714,795-14,841-28,0933,21418,52041,488

driffield properties 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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Driffield Properties Limited Competitor Analysis

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Perform a competitor analysis for driffield properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in HU17 area or any other competitors across 12 key performance metrics.

driffield properties limited Ownership

DRIFFIELD PROPERTIES LIMITED group structure

Driffield Properties Limited has no subsidiary companies.

Ultimate parent company

DRIFFIELD PROPERTIES LIMITED

01760627

DRIFFIELD PROPERTIES LIMITED Shareholders

anna louise beckwith 33.33%
simon clubley 33.33%
sarah jane clubley 33.33%

driffield properties limited directors

Driffield Properties Limited currently has 4 directors. The longest serving directors include Mr Richard Clubley (Jan 1992) and Mrs Anna Beckwith (Jun 2003).

officercountryagestartendrole
Mr Richard Clubley87 years Jan 1992- Director
Mrs Anna BeckwithUnited Kingdom56 years Jun 2003- Director
Miss Sarah ClubleyEngland58 years Oct 2003- Director
Mr Simon ClubleyUnited Kingdom60 years Oct 2003- Director

P&L

March 2024

turnover

755.4k

+2%

operating profit

99k

0%

gross margin

71.3%

+0.91%

turnover

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

Balance Sheet

March 2024

net assets

1.5m

+0.04%

total assets

1.8m

0%

cash

23.3k

-0.14%

net assets

Total assets minus all liabilities

driffield properties limited company details

company number

01760627

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

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

October 1983

age

42

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

zooland limited (April 1987)

accountant

ULLYOTT LIMITED

auditor

-

address

4 norfolk street, beverley, east yorkshire, HU17 7DN

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

driffield properties 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 driffield properties limited. Currently there are 0 open charges and 12 have been satisfied in the past.

driffield properties 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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driffield properties limited Companies House Filings - See Documents

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