Daves Trade Centre Limited

POWER SEARCH PRICING

SOLUTIONS

daves trade centre limited Company Information

Live

MatureSmallDeclining

Company Number

02625754

Website

http://micahardware.co.uk

Registered Address

154 ballards lane, finchley central, london, N3 2PA

Industry

Retail sale of hardware, paints and glass in specialised stores

Telephone

02083463239

Next Accounts Due

April 2025

Group Structure

View All

Directors

Naren Dave32 Years

Shareholders

naren pitamber dave 50%

pradip kumar dave 50%

daves trade centre limited Estimated Valuation

£141.1k

Pomanda estimates the enterprise value of DAVES TRADE CENTRE LIMITED at £141.1k based on a Turnover of £565.2k and 0.25x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Daves Trade Centre Limited is a live company located in london, N3 2PA with a Companies House number of 02625754. It operates in the retail sale of hardware, paints and glass in specialised stores sector, SIC Code 47520. Founded in July 1991, it's largest shareholder is naren pitamber dave with a 50% stake. Daves Trade Centre Limited is a mature, small sized company, Pomanda has estimated its turnover at £565.2k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Daves Trade Centre Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £565.2k, make it smaller than the average company (£11.6m)

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (5%)

EXPORT

Daves Trade Centre Limited's latest turnover from July 2023 is estimated at £565.2 thousand and the company has net assets of £39.9 thousand. According to their latest financial statements, Daves Trade Centre Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017	Jul 2016	Jul 2015	Jul 2014	Jul 2013	Jul 2012	Jul 2011	Jul 2010	Jul 2009
Turnover	565,213	706,016	755,870	919,490	756,975	748,985	442,088	811,780	670,788	464,449	441,997	353,160	276,192	314,575	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	421,348	513,278	539,870	679,727	555,963	543,870	314,429	584,018	482,534	325,478	322,084	247,679	192,215	216,115	0
Gross Profit	143,865	192,738	216,000	239,763	201,012	205,116	127,659	227,762	188,254	138,971	119,913	105,482	83,977	98,460	0
Admin Expenses	149,399	214,088	196,758	215,721	205,020	212,118	145,141	227,285	194,707	133,405	108,877	78,031	82,807	116,766	-73,431
Operating Profit	-5,534	-21,350	19,242	24,042	-4,008	-7,002	-17,482	477	-6,453	5,566	11,036	27,451	1,170	-18,306	73,431
Interest Payable	0	0	0	0	0	2,360	2,269	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	145	140	237	237	215	139	223	268	231	128
Pre-Tax Profit	-5,534	-21,350	19,242	24,042	-4,008	-9,216	-19,611	714	-6,216	5,781	11,175	27,674	1,438	-18,075	73,558
Tax	0	0	-3,656	-4,568	0	0	0	-143	0	-1,214	-2,570	-6,642	-374	0	-20,596
Profit After Tax	-5,534	-21,350	15,586	19,474	-4,008	-9,216	-19,611	571	-6,216	4,567	8,605	21,032	1,064	-18,075	52,962
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-5,534	-21,350	15,586	19,474	-4,008	-9,216	-19,611	571	-6,216	4,567	8,605	21,032	1,064	-18,075	52,962
Employee Costs	57,978	52,416	74,847	73,896	72,369	108,785	59,416	110,272	88,438	61,202	59,297	57,856	37,526	49,386	0
Number Of Employees	2	2	3	3	3	5	3	5	4	3	3	3	2	3	0
EBITDA*	-5,534	-21,350	19,242	24,042	-4,008	-7,002	-17,482	2,029	-4,628	6,868	12,136	28,745	2,692	-11,865	75,466

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017	Jul 2016	Jul 2015	Jul 2014	Jul 2013	Jul 2012	Jul 2011	Jul 2010	Jul 2009
Tangible Assets	33,159	33,915	34,803	33,676	34,522	35,518	36,354	37,674	39,226	36,259	35,111	30,840	32,134	52,256	34,730
Intangible Assets	0	0	0	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	0	0	4,548
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	33,159	33,915	34,803	33,676	34,522	35,518	36,354	37,674	39,226	36,259	35,111	30,840	32,134	52,256	39,278
Stock & work in progress	0	0	0	0	0	0	239,055	248,480	217,800	240,600	181,145	147,230	131,220	116,923	103,610
Trade Debtors	178,287	227,003	243,977	288,872	205,527	178,532	0	61,588	61,588	1,434	0	0	200	15,645	12,601
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	3,313	0	0	1,915	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	58,188	53,636	41,041	53,648	32,516	23,245	65,894	41,401	51,049
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	181,600	227,003	243,977	290,787	205,527	178,532	297,243	363,704	320,429	295,682	213,661	170,475	197,314	173,969	167,260
total assets	214,759	260,918	278,780	324,463	240,049	214,050	333,597	401,378	359,655	331,941	248,772	201,315	229,448	226,225	206,538
Bank overdraft	0	0	0	0	0	0	72,608	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	146,930	176,424	160,449	220,918	206,474	175,494	174,015	336,768	295,616	261,686	183,084	144,232	193,397	191,238	153,476
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	0	0	0	0	0	0	41,975	0	0	0	0	0	0	0	0
total current liabilities	146,930	176,424	160,449	220,918	206,474	175,494	288,598	336,768	295,616	261,686	183,084	144,232	193,397	191,238	153,476
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	245	1,596	2,396	1,900	2,873	0	0	0	0	0	0	0	0	0
other liabilities	27,978	38,864	50,000	50,000	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	27,978	39,109	51,596	52,396	1,900	2,873	0	0	0	0	0	0	0	0	0
total liabilities	174,908	215,533	212,045	273,314	208,374	178,367	288,598	336,768	295,616	261,686	183,084	144,232	193,397	191,238	153,476
net assets	39,851	45,385	66,735	51,149	31,675	35,683	44,999	64,610	64,039	70,255	65,688	57,083	36,051	34,987	53,062
total shareholders funds	39,851	45,385	66,735	51,149	31,675	35,683	44,999	64,610	64,039	70,255	65,688	57,083	36,051	34,987	53,062

	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017	Jul 2016	Jul 2015	Jul 2014	Jul 2013	Jul 2012	Jul 2011	Jul 2010	Jul 2009
Operating Activities
Operating Profit	-5,534	-21,350	19,242	24,042	-4,008	-7,002	-17,482	477	-6,453	5,566	11,036	27,451	1,170	-18,306	73,431
Depreciation	0	0	0	0	0	0	0	1,552	1,825	1,302	1,100	1,294	1,522	6,441	2,035
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	-3,656	-4,568	0	0	0	-143	0	-1,214	-2,570	-6,642	-374	0	-20,596
Stock	0	0	0	0	0	-239,055	-9,425	30,680	-22,800	59,455	33,915	16,010	14,297	13,313	103,610
Debtors	-45,403	-16,974	-46,810	85,260	26,995	178,532	-61,588	0	60,154	1,434	0	-200	-15,445	3,044	12,601
Creditors	-29,494	15,975	-60,469	14,444	30,980	1,479	-162,753	41,152	33,930	78,602	38,852	-49,165	2,159	37,762	153,476
Accruals and Deferred Income	-245	-1,351	-800	496	-973	-39,102	41,975	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	10,130	10,248	1,127	-50,846	-996	15,898	-67,247	12,358	-8,052	23,367	14,503	-42,872	5,625	9,540	92,135
Investing Activities
capital expenditure	756	888	-1,127	846	996	836	1,320	0	-4,792	-2,450	-5,371	0	18,600	-23,967	-36,765
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	-4,548	4,548
cash flow from investments	756	888	-1,127	846	996	836	1,320	0	-4,792	-2,450	-5,371	0	18,600	-19,419	-41,313
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	-10,886	-11,136	0	50,000	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	-100	0	0	0	0	0	0	0	0	100
interest	0	0	0	0	0	-2,215	-2,129	237	237	215	139	223	268	231	128
cash flow from financing	-10,886	-11,136	0	50,000	0	-2,315	-2,129	237	237	215	139	223	268	231	228
cash and cash equivalents
cash	0	0	0	0	0	-58,188	4,552	12,595	-12,607	21,132	9,271	-42,649	24,493	-9,648	51,049
overdraft	0	0	0	0	0	-72,608	72,608	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	14,420	-68,056	12,595	-12,607	21,132	9,271	-42,649	24,493	-9,648	51,049

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for daves trade centre limited. Get real-time insights into daves trade centre limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for daves trade centre limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

DAVES TRADE CENTRE LIMITED group structure

Daves Trade Centre Limited has no subsidiary companies.

Ultimate parent company

DAVES TRADE CENTRE LIMITED

02625754

DAVES TRADE CENTRE LIMITED Shareholders

naren pitamber dave	50%
pradip kumar dave	50%

Daves Trade Centre Limited currently has 1 director, Mr Naren Dave serving since Jul 1991.

officer	country	age	start	end	role
Mr Naren Dave		71 years	Jul 1991	-	Director

P&L

July 2023

turnover

565.2k

-20%

operating profit

-5.5k

gross margin

25.5%

-6.76%

turnover

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

Balance Sheet

July 2023

net assets

39.9k

-0.12%

total assets

214.8k

-0.18%

cash

net assets

Total assets minus all liabilities

Similar Companies

Agree?

ray munn limited

1.5

park trading company limited

2.5

homecraft (d.i.y.) limited

dobsons timber & builders merchants ltd

1.5

acorn architectural ironmongery limited

company number

02625754

Type

Private limited with Share Capital

industry

47520 - Retail sale of hardware, paints and glass in specialised stores

incorporation date

July 1991

age

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

address

154 ballards lane, finchley central, london, N3 2PA

last accounts submitted

July 2023

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 daves trade centre limited.

daves trade centre limited Company Information

daves trade centre limited Estimated Valuation

daves trade centre limited Estimated Valuation

daves trade centre limited Estimated Valuation

Daves Trade Centre Limited Overview

Daves Trade Centre Limited Health Check

DAVES TRADE CENTRE LIMITED financials

daves trade centre limited Credit Report and Business Information

Daves Trade Centre Limited Competitor Analysis

daves trade centre limited Ownership

daves trade centre limited directors

daves trade centre limited company details

daves trade centre limited Charges & Mortgages

daves trade centre limited Companies House Filings - See Documents