demifix limited
demifix limited Company Information
Company Number
02246925
Registered Address
quadrant house, floor 6, 4 thomas more square, london, E1W 1YW
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
structadene ltd 100%
demifix limited Estimated Valuation
Pomanda estimates the enterprise value of DEMIFIX LIMITED at £4.6m based on a Turnover of £1.6m and 2.87x industry multiple (adjusted for size and gross margin).
demifix limited Estimated Valuation
Pomanda estimates the enterprise value of DEMIFIX LIMITED at £7.7m based on an EBITDA of £1m and a 7.53x industry multiple (adjusted for size and gross margin).
demifix limited Estimated Valuation
Pomanda estimates the enterprise value of DEMIFIX LIMITED at £10.9m based on Net Assets of £7.5m and 1.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Demifix Limited Overview
Demifix Limited is a live company located in london, E1W 1YW with a Companies House number of 02246925. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 1988, it's largest shareholder is structadene ltd with a 100% stake. Demifix Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with low growth in recent years.
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Demifix Limited Health Check
Pomanda's financial health check has awarded Demifix Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £1.6m, make it larger than the average company (£896.8k)
£1.6m - Demifix Limited
£896.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.5%)
- Demifix Limited
2.5% - Industry AVG
Production
with a gross margin of 97.4%, this company has a lower cost of product (69.2%)
97.4% - Demifix Limited
69.2% - Industry AVG
Profitability
an operating margin of 52.5% make it more profitable than the average company (27.6%)
52.5% - Demifix Limited
27.6% - Industry AVG
Employees
with 9 employees, this is above the industry average (4)
- Demifix Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
- Demifix Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £178.9k, this is equally as efficient (£199.7k)
- Demifix Limited
£199.7k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (25 days)
57 days - Demifix Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (30 days)
6 days - Demifix Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Demifix Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Demifix Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.1%, this is a higher level of debt than the average (64.4%)
71.1% - Demifix Limited
64.4% - Industry AVG
DEMIFIX LIMITED financials
Demifix Limited's latest turnover from September 2023 is £1.6 million and the company has net assets of £7.5 million. According to their latest financial statements, we estimate that Demifix Limited has 9 employees and maintains cash reserves of £13.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,610,166 | 1,758,104 | 1,549,327 | 1,600,560 | 1,487,825 | 1,286,686 | 1,177,975 | 1,206,387 | 1,043,005 | 1,258,226 | 1,191,302 | 1,506,374 | 1,190,375 | 1,526,693 | 2,181,287 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 41,902 | 7,472 | 3,366 | 3,694 | 5,426 | 3,295 | 2,373 | 3,605 | 7,490 | 4,358 | 5,606 | 9,652 | 371 | 7,147 | 5,024 |
| Gross Profit | 1,568,264 | 1,750,632 | 1,545,961 | 1,596,866 | 1,482,399 | 1,283,391 | 1,175,602 | 1,202,782 | 1,035,515 | 1,253,868 | 1,185,696 | 1,496,722 | 1,190,004 | 1,519,546 | 2,176,263 |
| Admin Expenses | 723,435 | 766,793 | 621,520 | 679,785 | 1,253,868 | 573,078 | -5,750,549 | 977,565 | 575,602 | 678,417 | |||||
| Operating Profit | 844,829 | 983,839 | 924,441 | 917,081 | 0 | 612,618 | 7,247,271 | 212,439 | 943,944 | 1,497,846 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 5 | 22 | 99 | 86,762 |
| Interest Receivable | 400 | 22 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 845,229 | 984,063 | 924,442 | 917,081 | 715,787 | 609,407 | 611,573 | 618,979 | 650,621 | 635,143 | 612,612 | 724,266 | 212,417 | 944,844 | 1,411,084 |
| Tax | -146,185 | -167,173 | -125,270 | -11,869 | -75,078 | -3,309 | -51,732 | -55,188 | -19,755 | 14,119 | 14,284 | -46,337 | 1,224 | -25,238 | -48,768 |
| Profit After Tax | 699,044 | 816,890 | 799,172 | 905,212 | 640,709 | 606,098 | 559,841 | 563,791 | 630,866 | 649,262 | 626,896 | 677,929 | 213,641 | 919,606 | 1,362,316 |
| Dividends Paid | 600,000 | 500,000 | 500,000 | 600,000 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000,000 | 1,000,000 | 0 | 0 |
| Retained Profit | 99,044 | 316,890 | 299,172 | 305,212 | -359,291 | 606,098 | 559,841 | 563,791 | 630,866 | 649,262 | 626,896 | -1,322,071 | -786,359 | 919,606 | 1,362,316 |
| Employee Costs | 0 | 55,529 | 70,657 | 115,213 | 130,572 | 187,054 | 235,927 | ||||||||
| Number Of Employees | 2 | 2 | 6 | 5 | 7 | 8 | |||||||||
| EBITDA* | 1,027,156 | 1,163,600 | 1,038,483 | 1,031,939 | 147,357 | 799,393 | 7,428,835 | 389,498 | 1,055,150 | 1,603,932 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 128,884 | 166,537 | 182,689 | 175,360 | 198,067 | 129,349 | 150,248 | 103,686 | 98,185 | 96,194 | 210,729 | 352,854 | 456,885 | 470,340 | 153,337 |
| Intangible Assets | 231,054 | 184,612 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 6,511 | 6,511 | 6,511 | 6,511 | 6,511 | 6,511 | 6,511 | 6,511 | 28,584 | 6,511 | 6,511 | 6,511 | 6,511 | 6,511 | 6,511 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 1,369 | 20,567 | 13,876 | 11,445 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 366,449 | 357,660 | 189,200 | 181,871 | 205,947 | 156,427 | 170,635 | 121,642 | 126,769 | 102,705 | 217,240 | 359,365 | 463,396 | 476,851 | 159,848 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 254,877 | 365,238 | 325,566 | 173,604 | 118,578 | 72,281 | 32,888 | 297,453 | 90,722 | 639,294 | 638,473 | 644,311 | 615,571 | 391,099 | 674,456 |
| Group Debtors | 24,352,622 | 20,273,188 | 17,340,716 | 24,202,658 | 20,683,769 | 16,843,316 | 14,189,721 | 10,888,061 | 9,110,866 | 7,456,611 | 10,617,596 | 47,377,880 | 40,741,689 | 33,448,274 | 26,833,545 |
| Misc Debtors | 778,052 | 715,042 | 581,717 | 115,329 | 732,809 | 575,581 | 667,636 | 556,624 | 402,638 | 1,040,223 | 983,434 | 982,992 | 805,383 | 593,362 | 22,591 |
| Cash | 13,242 | 25,134 | 0 | 4,744 | 161,565 | 42,514 | 40,335 | 19,366 | 0 | 0 | 21,892 | 59,327 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 25,398,793 | 21,378,602 | 18,247,999 | 24,496,335 | 21,696,721 | 17,533,692 | 14,930,580 | 11,761,504 | 9,604,226 | 9,136,128 | 12,261,395 | 49,064,510 | 42,162,643 | 34,432,735 | 27,530,592 |
| total assets | 25,765,242 | 21,736,262 | 18,437,199 | 24,678,206 | 21,902,668 | 17,690,119 | 15,101,215 | 11,883,146 | 9,730,995 | 9,238,833 | 12,478,635 | 49,423,875 | 42,626,039 | 34,909,586 | 27,690,440 |
| Bank overdraft | 0 | 0 | 1,247 | 0 | 0 | 0 | 0 | 0 | 6,850 | 1,175 | 0 | 0 | 109,217 | 33,221 | 15,524 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 701 | 3,615 | 9,600 | 20,437 | 798 | 1,145 | 5,763 | 9,844 | 10,259 | 12,317 | 21,065 | 9,109 | 9,198 | 281 | 46,073 |
| Group/Directors Accounts | 17,774,834 | 13,937,641 | 11,051,485 | 16,840,102 | 15,149,507 | 10,716,701 | 8,818,302 | 5,675,832 | 4,088,383 | 4,169,905 | 7,906,954 | 45,406,506 | 37,298,954 | 28,927,241 | 21,829,424 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 471,155 | 384,133 | 329,307 | 1,081,409 | 321,817 | 182,436 | 93,411 | 73,572 | 65,396 | 126,195 | 270,637 | 355,177 | 233,516 | 187,330 | 957,512 |
| total current liabilities | 18,246,690 | 14,325,389 | 11,391,639 | 17,941,948 | 15,472,122 | 10,900,282 | 8,917,476 | 5,759,248 | 4,170,888 | 4,309,592 | 8,198,656 | 45,770,792 | 37,650,885 | 29,148,073 | 22,848,533 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 67,688 | 59,053 | 10,630 | 500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 67,688 | 59,053 | 10,630 | 500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 18,314,378 | 14,384,442 | 11,402,269 | 17,942,448 | 15,472,122 | 10,900,282 | 8,917,476 | 5,759,248 | 4,170,888 | 4,309,592 | 8,198,656 | 45,770,792 | 37,650,885 | 29,148,073 | 22,848,533 |
| net assets | 7,450,864 | 7,351,820 | 7,034,930 | 6,735,758 | 6,430,546 | 6,789,837 | 6,183,739 | 6,123,898 | 5,560,107 | 4,929,241 | 4,279,979 | 3,653,083 | 4,975,154 | 5,761,513 | 4,841,907 |
| total shareholders funds | 7,450,864 | 7,351,820 | 7,034,930 | 6,735,758 | 6,430,546 | 6,789,837 | 6,183,739 | 6,123,898 | 5,560,107 | 4,929,241 | 4,279,979 | 3,653,083 | 4,975,154 | 5,761,513 | 4,841,907 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 844,829 | 983,839 | 924,441 | 917,081 | 0 | 612,618 | 7,247,271 | 212,439 | 943,944 | 1,497,846 | |||||
| Depreciation | 56,845 | 57,795 | 114,042 | 114,858 | 107,818 | 86,441 | 79,293 | 59,173 | 85,005 | 147,357 | 186,775 | 181,564 | 177,059 | 111,206 | 106,086 |
| Amortisation | 125,482 | 121,966 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -146,185 | -167,173 | -125,270 | -11,869 | -75,078 | -3,309 | -51,732 | -55,188 | -19,755 | 14,119 | 14,284 | -46,337 | 1,224 | -25,238 | -48,768 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,032,083 | 3,105,469 | -6,243,592 | 2,955,066 | 4,024,780 | 2,607,624 | 3,150,538 | 2,149,357 | 468,098 | -3,103,375 | -36,765,680 | 6,842,540 | 7,729,908 | 6,902,143 | 27,530,592 |
| Creditors | -2,914 | -5,985 | -10,837 | 19,639 | -347 | -4,618 | -4,081 | -415 | -2,058 | -8,748 | 11,956 | -89 | 8,917 | -45,792 | 46,073 |
| Accruals and Deferred Income | 87,022 | 54,826 | -752,102 | 759,592 | 139,381 | 89,025 | 19,839 | 8,176 | -60,799 | -144,442 | -84,540 | 121,661 | 46,186 | -770,182 | 957,512 |
| Deferred Taxes & Provisions | 8,635 | 48,423 | 10,130 | 500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -3,058,369 | -2,011,778 | 6,403,996 | -1,155,265 | 3,111,661 | 37,506,773 | 661,530 | -7,284,083 | -6,688,205 | -24,971,843 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -22,073 | 22,073 | 0 | 0 | 0 | 0 | 0 | 6,511 |
| 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 | 3,837,193 | 2,886,156 | -5,788,617 | 1,690,595 | 4,432,806 | 1,898,399 | 3,142,470 | 1,587,449 | -81,522 | -3,737,049 | -37,499,552 | 8,107,552 | 8,371,713 | 7,097,817 | 21,829,424 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 400 | 22 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6 | -5 | -22 | -99 | -86,762 |
| cash flow from financing | 3,837,593 | 2,886,178 | -5,788,616 | 1,690,595 | 4,432,806 | 1,898,399 | 2,642,470 | 1,587,449 | -81,522 | -3,737,049 | -37,499,558 | 8,107,547 | 8,371,691 | 7,097,718 | 25,222,253 |
| cash and cash equivalents | |||||||||||||||
| cash | -11,892 | 25,134 | -4,744 | -156,821 | 119,051 | 2,179 | 20,969 | 19,366 | 0 | -21,892 | -37,435 | 59,327 | 0 | 0 | 0 |
| overdraft | 0 | -1,247 | 1,247 | 0 | 0 | 0 | 0 | -6,850 | 5,675 | 1,175 | 0 | -109,217 | 75,996 | 17,697 | 15,524 |
| change in cash | -11,892 | 26,381 | -5,991 | -156,821 | 119,051 | 2,179 | 20,969 | 26,216 | -5,675 | -23,067 | -37,435 | 168,544 | -75,996 | -17,697 | -15,524 |
demifix limited Credit Report and Business Information
Demifix Limited Competitor Analysis
Perform a competitor analysis for demifix limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in E1W area or any other competitors across 12 key performance metrics.
demifix limited Ownership
DEMIFIX LIMITED group structure
Demifix Limited has no subsidiary companies.
demifix limited directors
Demifix Limited currently has 4 directors. The longest serving directors include Mr Howard Pearlman (Aug 2017) and Mr James Thomson (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Howard Pearlman | 48 years | Aug 2017 | - | Director | |
| Mr James Thomson | 53 years | Dec 2023 | - | Director | |
| Mr William Tuffy | 62 years | Dec 2023 | - | Director | |
| Mr Andrew Bliss | 43 years | Dec 2023 | - | Director |
P&L
September 2023turnover
1.6m
-8%
operating profit
844.8k
-14%
gross margin
97.4%
-2.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
7.5m
+0.01%
total assets
25.8m
+0.19%
cash
13.2k
-0.47%
net assets
Total assets minus all liabilities
demifix limited company details
company number
02246925
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
April 1988
age
36
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
UHY HACKER YOUNG
address
quadrant house, floor 6, 4 thomas more square, london, E1W 1YW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
demifix 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 did not find charges/mortgages relating to demifix limited.
demifix limited Companies House Filings - See Documents
| date | description | view/download |
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