double value limited Company Information
Company Number
02987840
Next Accounts
Sep 2025
Shareholders
darsheel manhar devraj shah
amit dilharlal devraj shah
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
laxmi house, 2-b draycott avenue, kenton, harrow, HA3 0BU
Website
-double value limited Estimated Valuation
Pomanda estimates the enterprise value of DOUBLE VALUE LIMITED at £1.3m based on a Turnover of £406.4k and 3.22x industry multiple (adjusted for size and gross margin).
double value limited Estimated Valuation
Pomanda estimates the enterprise value of DOUBLE VALUE LIMITED at £1m based on an EBITDA of £156.8k and a 6.47x industry multiple (adjusted for size and gross margin).
double value limited Estimated Valuation
Pomanda estimates the enterprise value of DOUBLE VALUE LIMITED at £2.2m based on Net Assets of £1.2m and 1.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Double Value Limited Overview
Double Value Limited is a live company located in kenton, HA3 0BU with a Companies House number of 02987840. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 1994, it's largest shareholder is darsheel manhar devraj shah with a 50% stake. Double Value Limited is a mature, micro sized company, Pomanda has estimated its turnover at £406.4k with healthy growth in recent years.
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Double Value Limited Health Check
Pomanda's financial health check has awarded Double Value Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
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3 Strong
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4 Regular
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2 Weak
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Size
annual sales of £406.4k, make it smaller than the average company (£1.1m)
- Double Value Limited
£1.1m - Industry AVG
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Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (3.6%)
- Double Value Limited
3.6% - Industry AVG
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Production
with a gross margin of 70.8%, this company has a comparable cost of product (70.8%)
- Double Value Limited
70.8% - Industry AVG
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Profitability
an operating margin of 38.6% make it more profitable than the average company (21.3%)
- Double Value Limited
21.3% - Industry AVG
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Employees
with 2 employees, this is below the industry average (4)
2 - Double Value Limited
4 - Industry AVG
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Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Double Value Limited
£33.1k - Industry AVG
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Efficiency
resulting in sales per employee of £203.2k, this is equally as efficient (£203.2k)
- Double Value Limited
£203.2k - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Double Value Limited
- - Industry AVG
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Double Value Limited
- - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Double Value Limited
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 10 weeks, this is average cash available to meet short term requirements (10 weeks)
10 weeks - Double Value Limited
10 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 59.7%, this is a lower level of debt than the average (71.3%)
59.7% - Double Value Limited
71.3% - Industry AVG
DOUBLE VALUE LIMITED financials
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Double Value Limited's latest turnover from December 2023 is estimated at £406.4 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Double Value Limited has 2 employees and maintains cash reserves of £26.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 2,338,938 | 2,238,938 | 750,000 | 0 | 0 | 1 | 0 | 528,812 | 542,358 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,470,000 | 0 | 0 | 0 | 1,200,000 | 1,200,000 | 1,200,000 | 1,200,000 | 750,000 | 750,000 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,470,000 | 2,338,938 | 2,238,938 | 750,000 | 1,200,000 | 1,200,000 | 1,200,001 | 1,200,000 | 1,278,812 | 1,292,358 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,000 | 0 | 0 | 0 | 0 | 0 | 9,300 | 19,270 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 883 | 883 | 883 | 883 | 883 | 883 | 445 | 0 | 21 | 12,289 |
Group Debtors | 501,000 | 551,000 | 566,000 | 556,000 | 576,000 | 550,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 35,000 | 650,625 | 578,108 | 569,375 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 26,762 | 14,678 | 44,061 | 52,426 | 23,376 | 215,840 | 209,583 | 70,664 | 29,445 | 28,031 | 48,866 | 27,743 | 24,568 | 14,679 | 8,864 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 527,762 | 565,678 | 610,061 | 608,426 | 599,376 | 801,723 | 861,091 | 658,655 | 599,703 | 28,914 | 49,749 | 28,188 | 24,568 | 24,000 | 40,423 |
total assets | 3,027,762 | 3,065,678 | 3,110,061 | 3,108,426 | 3,099,376 | 3,271,723 | 3,200,029 | 2,897,593 | 1,349,703 | 1,228,914 | 1,249,749 | 1,228,189 | 1,224,568 | 1,302,812 | 1,332,781 |
Bank overdraft | 0 | 0 | 0 | 43,232 | 42,217 | 25,584 | 121,584 | 53,232 | 54,072 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 950 | 18,345 | 950 | 40,899 | 45,793 | 43,190 | 47,587 | 47,075 | 52,610 |
Group/Directors Accounts | 94,396 | 113,960 | 103,022 | 92,812 | 66,343 | 639,464 | 640,250 | 903,446 | 14,379 | 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 | 38,929 | 29,403 | 38,036 | 20,310 | 10,661 | 50,936 | 26,486 | 1,799 | 3,844 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 133,325 | 143,363 | 141,058 | 156,354 | 119,221 | 715,984 | 789,270 | 976,822 | 73,245 | 40,899 | 45,793 | 43,190 | 47,587 | 47,075 | 52,610 |
loans | 1,470,309 | 1,489,543 | 1,526,947 | 1,528,291 | 1,572,154 | 1,121,142 | 1,048,800 | 513,435 | 546,381 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 584,565 | 629,599 | 658,256 | 696,804 | 740,982 | 775,059 |
provisions | 204,637 | 204,637 | 204,637 | 204,637 | 204,637 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 1,674,946 | 1,694,180 | 1,731,584 | 1,732,928 | 1,776,791 | 1,121,142 | 1,048,800 | 513,435 | 546,381 | 584,565 | 629,599 | 658,256 | 696,804 | 740,982 | 775,059 |
total liabilities | 1,808,271 | 1,837,543 | 1,872,642 | 1,889,282 | 1,896,012 | 1,837,126 | 1,838,070 | 1,490,257 | 619,626 | 625,464 | 675,392 | 701,446 | 744,391 | 788,057 | 827,669 |
net assets | 1,219,491 | 1,228,135 | 1,237,419 | 1,219,144 | 1,203,364 | 1,434,597 | 1,361,959 | 1,407,336 | 730,077 | 603,450 | 574,357 | 526,743 | 480,177 | 514,755 | 505,112 |
total shareholders funds | 1,219,491 | 1,228,135 | 1,237,419 | 1,219,144 | 1,203,364 | 1,434,597 | 1,361,959 | 1,407,336 | 730,077 | 603,450 | 574,357 | 526,743 | 480,177 | 514,755 | 505,112 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,546 | 15,643 | |||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | -9,000 | 9,000 | 0 | 0 | 0 | 0 | -9,300 | -9,970 | 19,270 |
Debtors | -50,000 | -15,000 | 10,000 | -20,000 | -9,883 | -65,625 | 72,517 | 8,733 | 569,375 | 0 | 438 | 445 | -21 | -12,268 | 12,289 |
Creditors | 0 | 0 | 0 | 0 | 0 | -950 | -17,395 | 17,395 | -39,949 | -4,894 | 2,603 | -4,397 | 512 | -5,535 | 52,610 |
Accruals and Deferred Income | 9,526 | -8,633 | 17,726 | 9,649 | -40,275 | 24,450 | 24,687 | -2,045 | 3,844 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 204,637 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 30,000 | 2,470,000 | 0 | 0 | -1,200,000 | 0 | 0 | 0 | 450,000 | 0 | 750,000 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -19,564 | 10,938 | 10,210 | 26,469 | -573,121 | -786 | -263,196 | 889,067 | 14,379 | 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 | -19,234 | -37,404 | -1,344 | -43,863 | 451,012 | 72,342 | 535,365 | -32,946 | 546,381 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -584,565 | -45,034 | -28,657 | -38,548 | -44,178 | -34,077 | 775,059 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 12,084 | -29,383 | -8,365 | 29,050 | -192,464 | 6,257 | 138,919 | 41,219 | 1,414 | -20,835 | 21,123 | 3,175 | 9,889 | 5,815 | 8,864 |
overdraft | 0 | 0 | -43,232 | 1,015 | 16,633 | -96,000 | 68,352 | -840 | 54,072 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 12,084 | -29,383 | 34,867 | 28,035 | -209,097 | 102,257 | 70,567 | 42,059 | -52,658 | -20,835 | 21,123 | 3,175 | 9,889 | 5,815 | 8,864 |
double value limited Credit Report and Business Information
Double Value Limited Competitor Analysis
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Perform a competitor analysis for double value limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA3 area or any other competitors across 12 key performance metrics.
double value limited Ownership
DOUBLE VALUE LIMITED group structure
Double Value Limited has no subsidiary companies.
Ultimate parent company
DOUBLE VALUE LIMITED
02987840
double value limited directors
Double Value Limited currently has 3 directors. The longest serving directors include Mr Dilharlal Shah (Nov 1994) and Amit Shah (Jan 2014).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Dilharlal Shah | United Kingdom | 81 years | Nov 1994 | - | Director |
Amit Shah | 47 years | Jan 2014 | - | Director | |
Mr Darsheel Shah | 48 years | Oct 2014 | - | Director |
P&L
December 2023turnover
406.4k
+9%
operating profit
156.8k
0%
gross margin
70.8%
+0.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.2m
-0.01%
total assets
3m
-0.01%
cash
26.8k
+0.82%
net assets
Total assets minus all liabilities
double value limited company details
company number
02987840
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
November 1994
age
31
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
laxmi house, 2-b draycott avenue, kenton, harrow, HA3 0BU
Bank
-
Legal Advisor
-
double value 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 double value limited.
double value 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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double value limited Companies House Filings - See Documents
date | description | view/download |
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