detertech holdings limited
detertech holdings limited Company Information
Company Number
02935281
Website
www.smartwater.comRegistered Address
unit 1 pioneer park, halesfield 18, telford, TF7 4FA
Industry
Other research and experimental development on natural sciences and engineering
Telephone
02077994827
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
hurst bidco limited 100%
detertech holdings limited Estimated Valuation
Pomanda estimates the enterprise value of DETERTECH HOLDINGS LIMITED at £0 based on a Turnover of £0 and 1.01x industry multiple (adjusted for size and gross margin).
detertech holdings limited Estimated Valuation
Pomanda estimates the enterprise value of DETERTECH HOLDINGS LIMITED at £0 based on an EBITDA of £-449k and a 4.68x industry multiple (adjusted for size and gross margin).
detertech holdings limited Estimated Valuation
Pomanda estimates the enterprise value of DETERTECH HOLDINGS LIMITED at £0 based on Net Assets of £-11m and 2.33x industry multiple (adjusted for liquidity).
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Detertech Holdings Limited Overview
Detertech Holdings Limited is a live company located in telford, TF7 4FA with a Companies House number of 02935281. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in June 1994, it's largest shareholder is hurst bidco limited with a 100% stake. Detertech Holdings Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Detertech Holdings Limited Health Check
There is insufficient data available to calculate a health check for Detertech Holdings Limited. Company Health Check FAQs
0 Strong
0 Regular
4 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Detertech Holdings Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (3.9%)
- - Detertech Holdings Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Detertech Holdings Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Detertech Holdings Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (43)
- Detertech Holdings Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Detertech Holdings Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Detertech Holdings Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Detertech Holdings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Detertech Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Detertech Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (39 weeks)
- - Detertech Holdings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 130.9%, this is a higher level of debt than the average (41.4%)
- - Detertech Holdings Limited
- - Industry AVG
DETERTECH HOLDINGS LIMITED financials
Detertech Holdings Limited's latest turnover from May 2023 is 0 and the company has net assets of -£11 million. According to their latest financial statements, we estimate that Detertech Holdings Limited has 1 employee and maintains cash reserves of £2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 22,132,292 | 12,674,917 | 4,516,133 | 4,160,519 | 4,383,633 | 6,712,243 | 4,808,543 | 5,617,405 | 5,926,684 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 6,146,207 | 2,694,340 | 871,457 | 670,288 | 672,057 | 1,285,680 | 604,153 | 809,784 | 760,464 | ||||
| Gross Profit | 15,986,085 | 9,980,577 | 3,644,676 | 3,490,231 | 3,711,576 | 5,426,563 | 4,204,390 | 4,807,621 | 5,166,220 | ||||
| Admin Expenses | 9,756,729 | 9,592,146 | 2,744,286 | 2,843,685 | 3,107,761 | 5,705,035 | 4,910,622 | 4,444,925 | 4,696,578 | ||||
| Operating Profit | -496,000 | -664,000 | 6,229,356 | 388,431 | 900,390 | 646,546 | 603,815 | -278,472 | -706,232 | 362,696 | 469,642 | ||
| Interest Payable | 2,579,000 | 2,499,000 | 1,458,410 | 936,764 | 231,085 | 241,323 | 252,716 | 395,810 | 157,846 | 45,871 | 58,865 | ||
| Interest Receivable | 0 | 0 | 12,290 | 2,076 | 607 | 0 | 4 | 362,381 | 51,780 | 15,092 | 3,644 | ||
| Pre-Tax Profit | -3,075,000 | -3,163,000 | 4,783,236 | -524,255 | 669,912 | 415,222 | 351,103 | -311,901 | -812,298 | 331,917 | 414,421 | ||
| Tax | 73,000 | -73,000 | -1,306,428 | -241,619 | 11,974 | -19,543 | -6,538 | 34,716 | 65,269 | 27,690 | -77,761 | ||
| Profit After Tax | -3,002,000 | -3,236,000 | 3,476,808 | -765,874 | 681,886 | 395,679 | 344,565 | -277,185 | -747,029 | 359,607 | 336,660 | ||
| Dividends Paid | 0 | 0 | 0 | 167,202 | 150,304 | 41,914 | 0 | 0 | 35,961 | 0 | 33,548 | ||
| Retained Profit | -3,002,000 | -3,236,000 | 3,476,808 | -933,076 | 531,582 | 353,765 | 344,565 | -277,185 | -782,990 | 359,607 | 303,112 | ||
| Employee Costs | 0 | 0 | 6,364,671 | 2,638,888 | 2,017,985 | 2,042,675 | 2,148,922 | ||||||
| Number Of Employees | 1 | 120 | 69 | 44 | 46 | 40 | 53 | 63 | 61 | 64 | |||
| EBITDA* | -449,000 | -630,000 | 8,992,659 | 3,147,127 | 1,025,127 | 764,393 | 730,033 | -88,024 | -553,023 | 566,064 | 668,471 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 291,000 | 6,363,755 | 5,710,623 | 121,152 | 167,566 | 246,626 | 338,250 | 342,961 | 446,889 | 601,958 | 0 | 0 |
| Intangible Assets | 351,000 | 333,000 | 16,057,940 | 16,021,080 | 247,517 | 246,285 | 205,855 | 160,076 | 58,876 | 61,662 | 64,448 | 0 | 0 |
| Investments & Other | 34,052,000 | 34,052,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,883 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 9,675 | 3,238,075 | 3,298,800 | 2,920,385 | 2,593,720 | 1,501,217 | 785,622 | 0 | 0 | 0 |
| Total Fixed Assets | 34,403,000 | 34,676,000 | 22,421,695 | 21,741,378 | 3,606,744 | 3,712,651 | 3,372,866 | 3,092,046 | 1,903,054 | 1,294,173 | 668,289 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 208,448 | 169,693 | 131,059 | 184,508 | 156,653 | 179,147 | 214,303 | 276,304 | 224,685 | 0 | 0 |
| Trade Debtors | 0 | 0 | 3,776,199 | 4,164,363 | 527,832 | 229,265 | 692,840 | 804,942 | 794,172 | 904,574 | 1,645,800 | 0 | 0 |
| Group Debtors | 1,140,000 | 1,100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 38,000 | 50,000 | 345,527 | 652,575 | 330,028 | 264,480 | 273,941 | 302,374 | 235,993 | 305,318 | 326,361 | 0 | 0 |
| Cash | 2,000 | 28,000 | 625,661 | 3,190,834 | 506,843 | 658,579 | 431,327 | 456,291 | 2,761,741 | 653,200 | 729,821 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,180,000 | 1,178,000 | 4,955,835 | 8,177,465 | 1,495,762 | 1,336,832 | 1,554,761 | 1,742,754 | 4,006,209 | 2,139,396 | 2,926,667 | 0 | 0 |
| total assets | 35,583,000 | 35,854,000 | 27,377,530 | 29,918,843 | 5,102,506 | 5,049,483 | 4,927,627 | 4,834,800 | 5,909,263 | 3,433,569 | 3,594,956 | 0 | 0 |
| Bank overdraft | 0 | 0 | 3,006,805 | 0 | 0 | 0 | 0 | 0 | 0 | 309,759 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 3,200,000 | 100,000 | 100,000 | 100,000 | 94,974 | 239,345 | 0 | 310,997 | 0 | 0 |
| Trade Creditors | 54,000 | 12,000 | 659,325 | 603,032 | 220,566 | 152,050 | 253,349 | 198,284 | 357,687 | 327,912 | 315,436 | 0 | 0 |
| Group/Directors Accounts | 46,517,000 | 43,778,000 | 5,194,956 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,548 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 50,528 | 109,919 | 0 | 20,114 | 18,978 | 17,872 | 4,045 | 19,488 | 40,727 | 0 | 0 |
| other current liabilities | 23,000 | 0 | 2,550,948 | 3,195,542 | 562,824 | 862,442 | 492,694 | 648,708 | 756,242 | 498,059 | 714,804 | 0 | 0 |
| total current liabilities | 46,594,000 | 43,790,000 | 11,462,562 | 7,108,493 | 883,390 | 1,134,606 | 865,021 | 959,838 | 1,357,319 | 1,155,218 | 1,415,512 | 0 | 0 |
| loans | 0 | 0 | 8,644,594 | 10,200,000 | 120,000 | 220,000 | 320,000 | 405,026 | 612,320 | 344,392 | 540,979 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 16,906 | 97,639 | 0 | 0 | 20,230 | 42,732 | 0 | 4,045 | 28,846 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 12,083,739 | 3,151,246 | 3,279,898 | 2,953,000 | 3,000,000 | 3,000,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 73,000 | 2,735,471 | 128,094 | 4,017 | 2,714 | 5,907 | 8,300 | 8,300 | 15,400 | 38,500 | 0 | 0 |
| total long term liabilities | 0 | 73,000 | 11,396,971 | 22,509,472 | 3,275,263 | 3,502,612 | 3,299,137 | 3,456,058 | 3,620,620 | 363,837 | 608,325 | 0 | 0 |
| total liabilities | 46,594,000 | 43,863,000 | 22,859,533 | 29,617,965 | 4,158,653 | 4,637,218 | 4,164,158 | 4,415,896 | 4,977,939 | 1,519,055 | 2,023,837 | 0 | 0 |
| net assets | -11,011,000 | -8,009,000 | 4,517,997 | 300,878 | 943,853 | 412,265 | 763,469 | 418,904 | 931,324 | 1,914,514 | 1,571,119 | 0 | 0 |
| total shareholders funds | -11,011,000 | -8,009,000 | 4,517,997 | 300,878 | 943,853 | 412,265 | 763,469 | 418,904 | 931,324 | 1,914,514 | 1,571,119 | 0 | 0 |
| May 2023 | May 2022 | May 2021 | May 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | -496,000 | -664,000 | 6,229,356 | 388,431 | 900,390 | 646,546 | 603,815 | -278,472 | -706,232 | 362,696 | 469,642 | ||
| Depreciation | 0 | 17,000 | 2,245,808 | 1,827,771 | 107,861 | 102,725 | 114,759 | 179,543 | 150,423 | 200,582 | 196,238 | ||
| Amortisation | 47,000 | 17,000 | 517,495 | 930,925 | 16,876 | 15,122 | 11,459 | 10,905 | 2,786 | 2,786 | 2,591 | ||
| Tax | 73,000 | -73,000 | -1,306,428 | -241,619 | 11,974 | -19,543 | -6,538 | 34,716 | 65,269 | 27,690 | -77,761 | ||
| Stock | 0 | -208,448 | 38,755 | 169,693 | -53,449 | 27,855 | -22,494 | -35,156 | -62,001 | 51,619 | 224,685 | 0 | 0 |
| Debtors | 28,000 | -2,971,726 | -704,887 | 4,826,613 | 303,390 | -94,621 | 186,130 | 1,169,654 | 535,868 | 23,353 | 1,972,161 | 0 | 0 |
| Creditors | 42,000 | -647,325 | 56,293 | 603,032 | 68,516 | -101,299 | 55,065 | -159,403 | 29,775 | 12,476 | 315,436 | 0 | 0 |
| Accruals and Deferred Income | 23,000 | -2,550,948 | -644,594 | 3,195,542 | -299,618 | 369,748 | -156,014 | -107,534 | 258,183 | -216,745 | 714,804 | 0 | 0 |
| Deferred Taxes & Provisions | -73,000 | -2,662,471 | 2,607,377 | 128,094 | 1,303 | -3,193 | -2,393 | 0 | -7,100 | -23,100 | 38,500 | 0 | 0 |
| Cash flow from operations | -412,000 | -3,383,570 | 10,371,439 | 1,835,870 | 557,361 | 1,076,872 | 456,517 | -1,454,743 | -680,763 | 291,413 | -537,396 | ||
| Investing Activities | |||||||||||||
| capital expenditure | 0 | -286,939 | -99,818 | -46,641 | -289,517 | ||||||||
| Change in Investments | 0 | 34,052,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,883 | 1,883 | 0 | 0 |
| cash flow from investments | 0 | -286,939 | -99,818 | -44,758 | -291,400 | ||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | -3,200,000 | 3,200,000 | 0 | 0 | 5,026 | -144,371 | 239,345 | -310,997 | 310,997 | 0 | 0 |
| Group/Directors Accounts | 2,739,000 | 38,583,044 | 5,194,956 | 0 | 0 | 0 | 0 | 0 | 0 | -33,548 | 33,548 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -8,644,594 | -1,555,406 | 10,200,000 | -100,000 | -100,000 | -85,026 | -207,294 | 267,928 | -196,587 | 540,979 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -67,434 | -140,124 | 207,558 | -20,114 | -19,094 | -21,396 | 56,559 | -19,488 | -46,040 | 69,573 | 0 | 0 |
| other long term liabilities | 0 | 0 | -12,083,739 | 12,083,739 | -128,652 | 326,898 | -47,000 | 0 | 3,000,000 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -2,579,000 | -2,499,000 | -1,446,120 | -934,688 | -230,478 | -241,323 | -252,712 | -33,429 | -106,066 | -30,779 | -55,221 | ||
| cash flow from financing | 160,000 | 18,081,019 | -12,490,122 | 25,990,563 | -479,238 | -738,488 | -401,108 | -563,770 | 3,181,519 | -634,163 | 2,167,883 | ||
| cash and cash equivalents | |||||||||||||
| cash | -26,000 | -597,661 | -2,565,173 | 3,190,834 | -151,736 | 227,252 | -24,964 | -2,305,450 | 2,108,541 | -76,621 | 729,821 | 0 | 0 |
| overdraft | 0 | -3,006,805 | 3,006,805 | 0 | 0 | 0 | 0 | 0 | -309,759 | 309,759 | 0 | 0 | 0 |
| change in cash | -26,000 | 2,409,144 | -5,571,978 | 3,190,834 | -151,736 | 227,252 | -24,964 | -2,305,450 | 2,418,300 | -386,380 | 729,821 | 0 | 0 |
detertech holdings limited Credit Report and Business Information
Detertech Holdings Limited Competitor Analysis
Perform a competitor analysis for detertech holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mature companies, companies in TF7 area or any other competitors across 12 key performance metrics.
detertech holdings limited Ownership
DETERTECH HOLDINGS LIMITED group structure
Detertech Holdings Limited has 7 subsidiary companies.
Ultimate parent company
2 parents
DETERTECH HOLDINGS LIMITED
02935281
7 subsidiaries
detertech holdings limited directors
Detertech Holdings Limited currently has 2 directors. The longest serving directors include Mr Suketu Devani (May 2022) and Mr Michael Kennedy (Oct 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Suketu Devani | England | 55 years | May 2022 | - | Director |
| Mr Michael Kennedy | England | 45 years | Oct 2023 | - | Director |
P&L
May 2023turnover
0
0%
operating profit
-496k
-25%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-11m
+0.37%
total assets
35.6m
-0.01%
cash
2k
-0.93%
net assets
Total assets minus all liabilities
Similar Companies
detertech holdings limited company details
company number
02935281
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
June 1994
age
30
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
themis risk holdings limited (September 2022)
smartwater limited (July 2020)
incorporated
UK
address
unit 1 pioneer park, halesfield 18, telford, TF7 4FA
last accounts submitted
May 2023
detertech holdings 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 5 charges/mortgages relating to detertech holdings limited. Currently there are 1 open charges and 4 have been satisfied in the past.
detertech holdings limited Companies House Filings - See Documents
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