derwent lift services limited
derwent lift services limited Company Information
Company Number
02405959
Next Accounts
Mar 2025
Shareholders
raveningham holdings limited
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
unit 2 fusion @ magna magna way, rotherham, south yorkshire, S60 1FE
Website
classiclifts.co.ukderwent lift services limited Estimated Valuation
Pomanda estimates the enterprise value of DERWENT LIFT SERVICES LIMITED at £54.3k based on a Turnover of £146.6k and 0.37x industry multiple (adjusted for size and gross margin).
derwent lift services limited Estimated Valuation
Pomanda estimates the enterprise value of DERWENT LIFT SERVICES LIMITED at £0 based on an EBITDA of £-81.2k and a 3.71x industry multiple (adjusted for size and gross margin).
derwent lift services limited Estimated Valuation
Pomanda estimates the enterprise value of DERWENT LIFT SERVICES LIMITED at £18.7k based on Net Assets of £8.8k and 2.13x industry multiple (adjusted for liquidity).
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Derwent Lift Services Limited Overview
Derwent Lift Services Limited is a dissolved company that was located in south yorkshire, S60 1FE with a Companies House number of 02405959. It operated in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in July 1989, it's largest shareholder was raveningham holdings limited with a 100% stake. The last turnover for Derwent Lift Services Limited was estimated at £146.6k.
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Derwent Lift Services Limited Health Check
Pomanda's financial health check has awarded Derwent Lift Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £146.6k, make it smaller than the average company (£4.3m)
- Derwent Lift Services Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -43%, show it is growing at a slower rate (6.3%)
- Derwent Lift Services Limited
6.3% - Industry AVG
Production
with a gross margin of 24.9%, this company has a comparable cost of product (24.9%)
- Derwent Lift Services Limited
24.9% - Industry AVG
Profitability
an operating margin of -56.3% make it less profitable than the average company (5.8%)
- Derwent Lift Services Limited
5.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (42)
2 - Derwent Lift Services Limited
42 - Industry AVG
Pay Structure
on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)
- Derwent Lift Services Limited
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £73.3k, this is less efficient (£168.7k)
- Derwent Lift Services Limited
£168.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Derwent Lift Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (39 days)
- Derwent Lift Services Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Derwent Lift Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (18 weeks)
47 weeks - Derwent Lift Services Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.6%, this is a higher level of debt than the average (62.5%)
90.6% - Derwent Lift Services Limited
62.5% - Industry AVG
DERWENT LIFT SERVICES LIMITED financials
Derwent Lift Services Limited's latest turnover from December 2018 is estimated at £146.6 thousand and the company has net assets of £8.8 thousand. According to their latest financial statements, Derwent Lift Services Limited has 2 employees and maintains cash reserves of £76.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 999,832 | 791,649 | |||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 398,630 | 317,888 | |||||||||
| Gross Profit | 601,202 | 473,761 | |||||||||
| Admin Expenses | 345,704 | 350,027 | |||||||||
| Operating Profit | 255,498 | 123,734 | |||||||||
| Interest Payable | |||||||||||
| Interest Receivable | 6,800 | 16,220 | |||||||||
| Pre-Tax Profit | 264,988 | 137,434 | |||||||||
| Tax | -56,759 | -26,836 | |||||||||
| Profit After Tax | 208,229 | 110,598 | |||||||||
| Dividends Paid | 80,000 | 50,000 | |||||||||
| Retained Profit | 128,229 | 60,598 | |||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 2 | 2 | 7 | 10 | |||||||
| EBITDA* | 263,672 | 133,473 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,129 | 7,555 | 8,390 | 14,721 | 20,635 | 21,028 | 13,650 | 16,937 | 23,374 | 23,978 | 31,748 |
| Intangible Assets | 1,044 | 1,448 | 1,616 | 2,020 | 2,424 | 2,828 | 3,232 | 3,636 | 4,039 | 4,443 | 4,847 |
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 2,173 | 9,003 | 10,006 | 16,741 | 23,059 | 23,856 | 16,882 | 20,573 | 27,413 | 28,421 | 36,595 |
| Stock & work in progress | 5,395 | 76,819 | 2,000 | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
| Trade Debtors | 14,488 | 62,719 | 148,182 | 131,457 | 147,020 | 114,976 | 223,419 | 180,721 | 263,803 | 116,591 | |
| Group Debtors | 8,227 | 1,223,567 | |||||||||
| Misc Debtors | 6,486 | 19,909 | 13,769 | 7,672 | 5,384 | 4,972 | |||||
| Cash | 76,512 | 89,253 | 160,216 | 1,250,656 | 1,256,017 | 1,140,957 | 1,080,676 | 1,006,028 | 985,161 | 820,218 | 767,783 |
| misc current assets | |||||||||||
| total current assets | 91,225 | 129,045 | 1,537,090 | 1,408,510 | 1,389,474 | 1,288,977 | 1,196,652 | 1,230,447 | 1,166,882 | 1,090,405 | 890,346 |
| total assets | 93,398 | 138,048 | 1,547,096 | 1,425,251 | 1,412,533 | 1,312,833 | 1,213,534 | 1,251,020 | 1,194,295 | 1,118,826 | 926,941 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 1,091 | 9,113 | 88,932 | 56,999 | 147,824 | 147,762 | 129,997 | 219,727 | 204,025 | 84,039 | 44,025 |
| Group/Directors Accounts | 82,000 | 23,240 | 10,608 | 29,258 | |||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 1,109 | 13,486 | 131,605 | 140,201 | 154,891 | 101,991 | |||||
| total current liabilities | 84,200 | 45,839 | 231,145 | 197,200 | 147,824 | 147,762 | 129,997 | 219,727 | 204,025 | 238,930 | 175,274 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 413 | 1,522 | 1,697 | ||||||||
| total long term liabilities | 413 | 1,522 | 1,697 | ||||||||
| total liabilities | 84,613 | 47,361 | 232,842 | 197,200 | 147,824 | 147,762 | 129,997 | 219,727 | 204,025 | 238,930 | 175,274 |
| net assets | 8,785 | 90,687 | 1,314,254 | 1,228,051 | 1,264,709 | 1,165,071 | 1,083,537 | 1,031,293 | 990,270 | 879,896 | 751,667 |
| total shareholders funds | 8,785 | 90,687 | 1,314,254 | 1,228,051 | 1,264,709 | 1,165,071 | 1,083,537 | 1,031,293 | 990,270 | 879,896 | 751,667 |
| Dec 2018 | Dec 2017 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 255,498 | 123,734 | |||||||||
| Depreciation | 920 | 835 | 3,287 | 5,914 | 7,716 | 8,062 | 4,388 | 5,465 | 7,592 | 7,770 | 9,335 |
| Amortisation | 404 | 168 | 404 | 404 | 404 | 404 | 404 | 403 | 404 | 404 | 404 |
| Tax | -56,759 | -26,836 | |||||||||
| Stock | -5,395 | 3,395 | 74,819 | 1,000 | 1,000 | ||||||
| Debtors | -19,684 | -121,457 | 1,144,201 | 24,397 | -15,563 | 32,044 | -108,443 | 42,698 | -88,466 | 147,624 | 121,563 |
| Creditors | -8,022 | -47,886 | 31,933 | -90,825 | 62 | 17,765 | -89,730 | 15,702 | 119,986 | 40,014 | 44,025 |
| Accruals and Deferred Income | -12,377 | -126,715 | -8,596 | 140,201 | -154,891 | 52,900 | 101,991 | ||||
| Deferred Taxes & Provisions | -1,109 | 1,522 | 1,697 | ||||||||
| Cash flow from operations | 152,203 | 130,090 | |||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | 58,760 | 23,240 | 10,608 | -29,258 | 29,258 | ||||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | 6,800 | 16,220 | |||||||||
| cash flow from financing | -22,458 | 736,547 | |||||||||
| cash and cash equivalents | |||||||||||
| cash | -12,741 | -1,161,403 | -1,090,440 | -5,361 | 115,060 | 60,281 | 74,648 | 20,867 | 164,943 | 52,435 | 767,783 |
| overdraft | |||||||||||
| change in cash | -12,741 | -1,161,403 | -1,090,440 | -5,361 | 115,060 | 60,281 | 74,648 | 20,867 | 164,943 | 52,435 | 767,783 |
derwent lift services limited Credit Report and Business Information
Derwent Lift Services Limited Competitor Analysis
Perform a competitor analysis for derwent lift services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in S60 area or any other competitors across 12 key performance metrics.
derwent lift services limited Ownership
DERWENT LIFT SERVICES LIMITED group structure
Derwent Lift Services Limited has no subsidiary companies.
Ultimate parent company
1 parent
DERWENT LIFT SERVICES LIMITED
02405959
derwent lift services limited directors
Derwent Lift Services Limited currently has 2 directors. The longest serving directors include Mr Keith Snow (May 2017) and Mr Andrew Shaw (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Keith Snow | England | 77 years | May 2017 | - | Director |
| Mr Andrew Shaw | United Kingdom | 51 years | May 2017 | - | Director |
P&L
December 2018turnover
146.6k
+5%
operating profit
-82.5k
0%
gross margin
24.9%
-1.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
8.8k
-0.9%
total assets
93.4k
-0.32%
cash
76.5k
-0.14%
net assets
Total assets minus all liabilities
Similar Companies
derwent lift services limited company details
company number
02405959
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
July 1989
age
36
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2018
previous names
martage limited (August 1989)
accountant
MALCOM POPE
auditor
-
address
unit 2 fusion @ magna magna way, rotherham, south yorkshire, S60 1FE
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
derwent lift services 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 derwent lift services limited.
derwent lift services 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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derwent lift services limited Companies House Filings - See Documents
| date | description | view/download |
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