d.r.b. engineering limited
d.r.b. engineering limited Company Information
Company Number
02337609
Website
www.drbengineering.comRegistered Address
arrow work s, birmingham road, studley, B80 7AS
Industry
Manufacture of tools
Forging, pressing, stamping and roll-forming of metal; powder metallurgy
Telephone
01213594566
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
drb holdings ltd 100%
d.r.b. engineering limited Estimated Valuation
Pomanda estimates the enterprise value of D.R.B. ENGINEERING LIMITED at £94.8k based on a Turnover of £247.9k and 0.38x industry multiple (adjusted for size and gross margin).
d.r.b. engineering limited Estimated Valuation
Pomanda estimates the enterprise value of D.R.B. ENGINEERING LIMITED at £0 based on an EBITDA of £-18.8k and a 3.16x industry multiple (adjusted for size and gross margin).
d.r.b. engineering limited Estimated Valuation
Pomanda estimates the enterprise value of D.R.B. ENGINEERING LIMITED at £7m based on Net Assets of £3.6m and 1.95x industry multiple (adjusted for liquidity).
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D.r.b. Engineering Limited Overview
D.r.b. Engineering Limited is a dissolved company that was located in studley, B80 7AS with a Companies House number of 02337609. It operated in the forging, pressing, stamping and roll-forming of metal sector, SIC Code 25500. Founded in January 1989, it's largest shareholder was drb holdings ltd with a 100% stake. The last turnover for D.r.b. Engineering Limited was estimated at £247.9k.
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D.r.b. Engineering Limited Health Check
Pomanda's financial health check has awarded D.R.B. Engineering 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
2 Regular
5 Weak
Size
annual sales of £247.9k, make it smaller than the average company (£8.7m)
- D.r.b. Engineering Limited
£8.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -63%, show it is growing at a slower rate (-4%)
- D.r.b. Engineering Limited
-4% - Industry AVG
Production
with a gross margin of 26%, this company has a comparable cost of product (26%)
- D.r.b. Engineering Limited
26% - Industry AVG
Profitability
an operating margin of -7.6% make it less profitable than the average company (2.6%)
- D.r.b. Engineering Limited
2.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (78)
3 - D.r.b. Engineering Limited
78 - Industry AVG
Pay Structure
on an average salary of £37k, the company has an equivalent pay structure (£37k)
- D.r.b. Engineering Limited
£37k - Industry AVG
Efficiency
resulting in sales per employee of £82.6k, this is less efficient (£109.7k)
- D.r.b. Engineering Limited
£109.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- D.r.b. Engineering Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (40 days)
- D.r.b. Engineering Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- D.r.b. Engineering Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (15 weeks)
55 weeks - D.r.b. Engineering Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.8%, this is a lower level of debt than the average (48%)
0.8% - D.r.b. Engineering Limited
48% - Industry AVG
D.R.B. ENGINEERING LIMITED financials
D.R.B. Engineering Limited's latest turnover from March 2021 is estimated at £247.9 thousand and the company has net assets of £3.6 million. According to their latest financial statements, D.R.B. Engineering Limited has 3 employees and maintains cash reserves of £28.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,611,752 | 2,447,932 | 4,114,780 | 5,052,217 | 5,445,196 | 4,616,567 | 6,300,631 | 5,256,548 | 3,779,432 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 1,078,436 | 1,861,763 | 2,938,430 | 3,702,118 | 4,054,224 | 3,607,995 | 5,202,438 | 4,182,369 | 2,905,542 | |||
| Gross Profit | 533,316 | 586,169 | 1,176,350 | 1,350,099 | 1,390,972 | 1,008,572 | 1,098,193 | 1,074,179 | 873,890 | |||
| Admin Expenses | 645,825 | 714,268 | 1,032,254 | 960,458 | 935,551 | 864,716 | 819,679 | |||||
| Operating Profit | 530,525 | 635,831 | 358,718 | 48,114 | 162,642 | 209,463 | 54,211 | |||||
| Interest Payable | 0 | 0 | 20,350 | 25,934 | 50,447 | 43,619 | 47,482 | 42,349 | ||||
| Interest Receivable | 0 | 0 | 22,620 | 0 | 0 | 0 | 0 | 20 | 0 | |||
| Pre-Tax Profit | -239,156 | -23,118 | 532,795 | 609,897 | 308,271 | 4,495 | 112,772 | 104,184 | 11,862 | |||
| Tax | 28,063 | 60,228 | 14,820 | -125,765 | -11,176 | 31,259 | -43,697 | -15,572 | -2,916 | |||
| Profit After Tax | -211,093 | 37,110 | 547,615 | 484,132 | 297,095 | 35,754 | 69,075 | 88,612 | 8,946 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 39,857 | 0 | 39,863 | 37,857 | |||
| Retained Profit | -211,093 | 37,110 | 547,615 | 484,132 | 297,095 | -4,103 | 69,075 | 48,749 | -28,911 | |||
| Employee Costs | 786,380 | 1,300,156 | 411,520 | 442,045 | 685,720 | 642,624 | 562,623 | 529,628 | ||||
| Number Of Employees | 3 | 44 | 51 | 72 | ||||||||
| EBITDA* | 633,639 | 715,017 | 480,813 | 146,874 | 257,075 | 336,282 | 158,479 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 1,422,850 | 1,591,222 | 1,656,723 | 1,726,319 | 1,763,863 | 1,656,303 | 1,783,696 | 1,836,405 | 1,851,737 | 1,947,113 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 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 |
| Total Fixed Assets | 0 | 0 | 1,422,850 | 1,591,222 | 1,656,723 | 1,726,319 | 1,763,863 | 1,656,303 | 1,783,696 | 1,836,405 | 1,851,737 | 1,947,113 |
| Stock & work in progress | 0 | 0 | 171,587 | 242,826 | 240,040 | 240,623 | 327,455 | 436,581 | 219,658 | 299,585 | 347,468 | 266,609 |
| Trade Debtors | 0 | 19,459 | 1,154,963 | 1,211,280 | 940,667 | 680,343 | 1,163,522 | 416,099 | 708,790 | 1,352,628 | 1,412,527 | 701,405 |
| Group Debtors | 3,598,104 | 3,605,255 | 1,456,083 | 1,456,083 | 1,456,083 | 1,456,083 | 1,456,083 | 1,456,083 | 1,456,083 | 1,456,083 | 1,456,083 | 1,456,083 |
| Misc Debtors | 0 | 57,001 | 75,347 | 73,674 | 203,937 | 3,098,280 | 22,043 | 38,265 | 115,390 | 95,970 | 42,037 | 22,322 |
| Cash | 28,795 | 60,789 | 91,625 | 93,195 | 105,143 | 113,827 | 85,552 | 81,853 | 42,191 | 120,264 | 2,247 | 492 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,626,899 | 3,742,504 | 2,949,605 | 3,077,058 | 2,945,870 | 5,589,156 | 3,054,655 | 2,428,881 | 2,542,112 | 3,324,530 | 3,260,362 | 2,446,911 |
| total assets | 3,626,899 | 3,742,504 | 4,372,455 | 4,668,280 | 4,602,593 | 7,315,475 | 4,818,518 | 4,085,184 | 4,325,808 | 5,160,935 | 5,112,099 | 4,394,024 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 99,176 | 95,591 | 92,634 | 452,349 | 0 | 0 | 141,361 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 23,321 | 67,058 | 226,921 | 287,381 | 291,660 | 397,415 | 666,966 | 563,166 | 617,322 | 1,145,625 | 1,183,306 | 723,759 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 73,741 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 587,289 | 735,952 | 306,867 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 8,013 | 9,277 | 10,812 | 19,559 | 13,532 | 5,213 | 32,963 |
| other current liabilities | 3,702 | 56,858 | 287,790 | 451,568 | 525,624 | 2,779,005 | 453,894 | 177,180 | 140,284 | 236,359 | 240,874 | 162,858 |
| total current liabilities | 27,023 | 123,916 | 514,711 | 738,949 | 817,284 | 3,283,609 | 1,225,728 | 917,533 | 1,229,514 | 1,982,805 | 2,165,345 | 1,367,808 |
| loans | 0 | 0 | 0 | 0 | 0 | 485,995 | 585,058 | 680,559 | 811,877 | 867,642 | 669,196 | 748,753 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 1,165 | 9,178 | 18,455 | 44,397 | 36,497 | 0 | 5,212 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 28,063 | 36,760 | 47,000 | 55,498 | 56,961 | 11,176 | 0 | 1,426 | 126,722 | 139,842 |
| total long term liabilities | 0 | 0 | 28,063 | 36,760 | 47,000 | 542,658 | 651,197 | 710,190 | 856,274 | 905,565 | 795,918 | 893,807 |
| total liabilities | 27,023 | 123,916 | 542,774 | 775,709 | 864,284 | 3,826,267 | 1,876,925 | 1,627,723 | 2,085,788 | 2,888,370 | 2,961,263 | 2,261,615 |
| net assets | 3,599,876 | 3,618,588 | 3,829,681 | 3,892,571 | 3,738,309 | 3,489,208 | 2,941,593 | 2,457,461 | 2,240,020 | 2,272,565 | 2,150,836 | 2,132,409 |
| total shareholders funds | 3,599,876 | 3,618,588 | 3,829,681 | 3,892,571 | 3,738,309 | 3,489,208 | 2,941,593 | 2,457,461 | 2,240,020 | 2,272,565 | 2,150,836 | 2,132,409 |
| Mar 2021 | Mar 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 530,525 | 635,831 | 358,718 | 48,114 | 162,642 | 209,463 | 54,211 | |||||
| Depreciation | 0 | 46,427 | 79,680 | 82,585 | 94,278 | 103,114 | 79,186 | 122,095 | 98,760 | 94,433 | 126,819 | 104,268 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 28,063 | 60,228 | 14,820 | -125,765 | -11,176 | 31,259 | -43,697 | -15,572 | -2,916 | |||
| Stock | 0 | -171,587 | -71,239 | 2,786 | -583 | -86,832 | -109,126 | 216,923 | -79,927 | -47,883 | 80,859 | 266,609 |
| Debtors | -83,611 | 995,322 | -54,644 | 140,350 | -2,634,019 | 2,593,058 | 731,201 | -369,816 | -624,418 | -5,966 | 730,837 | 2,179,810 |
| Creditors | -43,737 | -159,863 | -60,460 | -4,279 | -105,755 | -269,551 | 103,800 | -54,156 | -528,303 | -37,681 | 459,547 | 723,759 |
| Accruals and Deferred Income | -53,156 | -230,932 | -163,778 | -74,056 | -2,253,381 | 2,325,111 | 276,714 | 36,896 | -96,075 | -4,515 | 78,016 | 162,858 |
| Deferred Taxes & Provisions | 0 | -28,063 | -8,697 | -10,240 | -8,498 | -1,463 | 45,785 | 11,176 | -1,426 | -125,296 | -13,120 | 139,842 |
| Cash flow from operations | 196,330 | 393,476 | 616,446 | 256,674 | 99,735 | 33,457 | -1,264,397 | |||||
| Investing Activities | ||||||||||||
| capital expenditure | -64,571 | -186,748 | -74,195 | -110,701 | -31,443 | -4,182 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -64,571 | -186,748 | -74,195 | -110,701 | -31,443 | -4,182 | ||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -73,741 | 73,741 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -587,289 | -148,663 | 429,085 | 306,867 |
| Long term loans | 0 | 0 | 0 | 0 | -485,995 | -99,063 | -95,501 | -131,318 | -55,765 | 198,446 | -79,557 | 748,753 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -9,178 | -9,277 | -10,812 | -34,689 | 13,927 | 44,816 | -32,962 | 38,175 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 0 | 0 | 2,270 | -25,934 | -50,447 | -43,619 | -47,462 | -42,349 | ||||
| cash flow from financing | 0 | -100,000 | -106,070 | -205,988 | -222,367 | -701,188 | 238,782 | 3,212,766 | ||||
| cash and cash equivalents | ||||||||||||
| cash | -31,994 | -30,836 | -1,570 | -11,948 | -8,684 | 28,275 | 3,699 | 39,662 | -78,073 | 118,017 | 1,755 | 492 |
| overdraft | 0 | 0 | 0 | 0 | -99,176 | 3,585 | 2,957 | -359,715 | 452,349 | 0 | -141,361 | 141,361 |
| change in cash | -31,994 | -30,836 | -1,570 | -11,948 | 90,492 | 24,690 | 742 | 399,377 | -530,422 | 118,017 | 143,116 | -140,869 |
d.r.b. engineering limited Credit Report and Business Information
D.r.b. Engineering Limited Competitor Analysis
Perform a competitor analysis for d.r.b. engineering limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
d.r.b. engineering limited Ownership
D.R.B. ENGINEERING LIMITED group structure
D.R.B. Engineering Limited has no subsidiary companies.
Ultimate parent company
2 parents
D.R.B. ENGINEERING LIMITED
02337609
d.r.b. engineering limited directors
D.R.B. Engineering Limited currently has 4 directors. The longest serving directors include Ms Rachel Markun (Aug 2019) and Mr David Johanson (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Rachel Markun | England | 66 years | Aug 2019 | - | Director |
| Mr David Johanson | England | 66 years | Aug 2019 | - | Director |
| Ms Rachel Markun | 66 years | Aug 2019 | - | Director | |
| Mr David Johanson | England | 66 years | Aug 2019 | - | Director |
P&L
March 2021turnover
247.9k
-85%
operating profit
-18.8k
0%
gross margin
26%
-21.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
3.6m
-0.01%
total assets
3.6m
-0.03%
cash
28.8k
-0.53%
net assets
Total assets minus all liabilities
d.r.b. engineering limited company details
company number
02337609
Type
Private limited with Share Capital
industry
25730 - Manufacture of tools
25500 - Forging, pressing, stamping and roll-forming of metal; powder metallurgy
incorporation date
January 1989
age
35
accounts
Small Company
ultimate parent company
previous names
viewvet limited (March 1989)
incorporated
UK
address
arrow work s, birmingham road, studley, B80 7AS
last accounts submitted
March 2021
d.r.b. engineering 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 24 charges/mortgages relating to d.r.b. engineering limited. Currently there are 3 open charges and 21 have been satisfied in the past.
d.r.b. engineering limited Companies House Filings - See Documents
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