Pomanda estimates the enterprise value of DAVID REEVES LIMITED at £6.7k based on a Turnover of £14.9k and 0.45x industry multiple (adjusted for size and gross margin).
david reeves limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of DAVID REEVES LIMITED at £0 based on an EBITDA of £-2.8k and a 4.44x industry multiple (adjusted for size and gross margin).
david reeves limitedEstimated Valuation
£19.2k
Pomanda estimates the enterprise value of DAVID REEVES LIMITED at £19.2k based on Net Assets of £9k and 2.12x industry multiple (adjusted for liquidity).
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David Reeves LimitedOverview
David Reeves Limited is a live company located in nr bourne, PE10 0EE with a Companies House number of 02266923. It operates in the non-life insurance sector, SIC Code 65120. Founded in June 1988, it's largest shareholder is
david reeves
with a 100% stake. David Reeves Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£14.9k with
rapid
growth in recent years.
Pomanda's financial health check has awarded David Reeves 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
Health Rating3.5out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of £14.9k, make it smaller than the average company (£1.4m)
£14.9k - David Reeves Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 837%, show it is growing at a faster rate (11%)
837% - David Reeves Limited
11% - Industry AVG
Production
with a gross margin of 55.1%, this company has a higher cost of product (79.6%)
55.1% - David Reeves Limited
79.6% - Industry AVG
Profitability
an operating margin of -18.9% make it less profitable than the average company (12.7%)
-18.9% - David Reeves Limited
12.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
1 - David Reeves Limited
15 - Industry AVG
Pay Structure
on an average salary of £59.2k, the company has an equivalent pay structure (£59.2k)
£59.2k - David Reeves Limited
£59.2k - Industry AVG
Efficiency
resulting in sales per employee of £14.9k, this is less efficient (£141.9k)
£14.9k - David Reeves Limited
£141.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - David Reeves Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 169 days, this is slower than average (138 days)
169 days - David Reeves Limited
138 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - David Reeves Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 203 weeks, this is more cash available to meet short term requirements (22 weeks)
203 weeks - David Reeves Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.5%, this is a lower level of debt than the average (66%)
25.5% - David Reeves Limited
66% - Industry AVG
DAVID REEVES LIMITED financials
EXPORT
David Reeves Limited's latest turnover from May 2024 is estimated at £14.9 thousand and the company has net assets of £9 thousand. According to their latest financial statements, we estimate that David Reeves Limited has 1 employee and maintains cash reserves of £12.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
14,861
32,611
1
18
438,589
320,445
68
612
1,823
9,085
9,974
132,869
10,862
Other Income Or Grants
Cost Of Sales
6,672
15,720
1
9
209,304
157,781
33
301
1,082
5,622
6,304
85,256
6,525
Gross Profit
8,190
16,891
1
9
229,285
162,664
34
310
741
3,462
3,670
47,613
4,337
Admin Expenses
10,996
38,031
16,450
15,450
229,557
164,025
1,737
10,810
5,891
8,944
8,679
51,381
9,195
8,839
8,539
Operating Profit
-2,806
-21,140
-16,449
-15,441
-272
-1,361
-1,703
-10,500
-5,150
-5,482
-5,009
-3,768
-9,195
-8,839
-4,202
Interest Payable
Interest Receivable
2,432
4,999
984
60
68
589
437
218
368
334
217
44
Pre-Tax Profit
-374
-16,141
-15,465
-15,381
-204
-772
-1,266
-10,282
-4,782
-5,148
-4,792
-3,724
-11,483
-11,095
-5,161
Tax
2,297
2,269
968
Profit After Tax
-374
-16,141
-15,465
-15,381
-204
-772
-1,266
-10,282
-4,782
-5,148
-4,792
-3,724
-9,186
-8,826
-4,193
Dividends Paid
Retained Profit
-374
-16,141
-15,465
-15,381
-204
-772
-1,266
-10,282
-4,782
-5,148
-4,792
-3,724
-9,186
-8,826
-4,193
Employee Costs
59,212
53,780
53,352
49,770
94,537
103,081
51,787
50,243
50,990
50,515
51,344
49,903
50,488
47,821
46,158
Number Of Employees
1
1
1
1
2
2
1
1
1
1
1
1
1
1
1
EBITDA*
-2,806
-21,140
-16,449
-15,441
-272
-1,361
-1,703
-10,500
-5,150
-5,482
-5,009
-3,768
-9,195
-8,839
-4,202
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
Intangible Assets
Investments & Other
111,365
112,691
83,416
39,810
27,382
17,389
Debtors (Due After 1 year)
Total Fixed Assets
111,365
112,691
83,416
39,810
27,382
17,389
Stock & work in progress
Trade Debtors
19,372
4,609
4,609
58,085
75,437
84,886
91,812
Group Debtors
Misc Debtors
Cash
12,130
80,514
141,655
55,156
64,182
71,805
85,189
89,668
84,948
62,107
71,312
15,556
1,928
1,665
3,565
misc current assets
total current assets
12,130
99,886
141,655
55,156
64,182
71,805
85,189
89,668
84,948
66,716
75,921
73,641
77,365
86,551
95,377
total assets
12,130
99,886
141,655
166,521
176,873
155,221
124,999
117,050
102,337
66,716
75,921
73,641
77,365
86,551
95,377
Bank overdraft
Bank loan
Trade Creditors
3,098
480
26,108
35,509
130,478
108,622
77,628
68,413
43,418
3,015
7,072
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
3,098
480
26,108
35,509
130,478
108,622
77,628
68,413
43,418
3,015
7,072
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
3,098
480
26,108
35,509
130,478
108,622
77,628
68,413
43,418
3,015
7,072
net assets
9,032
99,406
115,547
131,012
46,395
46,599
47,371
48,637
58,919
63,701
68,849
73,641
77,365
86,551
95,377
total shareholders funds
9,032
99,406
115,547
131,012
46,395
46,599
47,371
48,637
58,919
63,701
68,849
73,641
77,365
86,551
95,377
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
-2,806
-21,140
-16,449
-15,441
-272
-1,361
-1,703
-10,500
-5,150
-5,482
-5,009
-3,768
-9,195
-8,839
-4,202
Depreciation
Amortisation
Tax
2,297
2,269
968
Stock
Debtors
-19,372
19,372
-4,609
-53,476
-17,352
-9,449
-6,926
91,812
Creditors
2,618
-25,628
-9,401
-94,969
21,856
30,994
9,215
24,995
40,403
-4,057
7,072
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
19,184
-66,140
-25,850
-110,410
21,584
29,633
7,512
14,495
39,862
-9,539
55,539
13,584
2,551
356
-95,046
Investing Activities
capital expenditure
Change in Investments
-111,365
-1,326
29,275
43,606
12,428
9,993
17,389
cash flow from investments
111,365
1,326
-29,275
-43,606
-12,428
-9,993
-17,389
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-90,000
99,998
99,570
interest
2,432
4,999
984
60
68
589
437
218
368
334
217
44
cash flow from financing
-87,568
4,999
984
100,058
68
589
437
218
368
334
217
44
99,570
cash and cash equivalents
cash
-68,384
-61,141
86,499
-9,026
-7,623
-13,384
-4,479
4,720
22,841
-9,205
55,756
13,628
263
-1,900
3,565
overdraft
change in cash
-68,384
-61,141
86,499
-9,026
-7,623
-13,384
-4,479
4,720
22,841
-9,205
55,756
13,628
263
-1,900
3,565
david reeves limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for david reeves limited. Get real-time insights into david reeves limited's credit score, group structure and payment trends.
Perform a competitor analysis for david reeves limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in PE10 area or any other competitors across 12 key performance metrics.
david reeves limited Ownership
DAVID REEVES LIMITED group structure
David Reeves Limited has no subsidiary companies.
Ultimate parent company
DAVID REEVES LIMITED
02266923
DAVID REEVES LIMITED Shareholders
The largest shareholders in David Reeves Limited include David Reeves and Mary Reeves.
david reeves
99.99%
mary reeves
0.01%
david reeves limited directors
David Reeves Limited currently has 1 director, Mr David Reeves serving since Nov 1991.
70229 - Management consultancy activities (other than financial management)
incorporation date
June 1988
age
37
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
62 62 high st, thurlby, nr bourne, lincs, PE10 0EE
Bank
HSBC BANK PLC
Legal Advisor
-
david reeves 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 1 charges/mortgages relating to david reeves limited. Currently there are 1 open charges and 0 have been satisfied in the past.
david reeves 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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david reeves limitedCompanies House Filings - See Documents
