de havilland fabrication & welding limited
de havilland fabrication & welding limited Company Information
Company Number
03203844
Next Accounts
Feb 2026
Shareholders
ryanford limited
alan eric ford
Group Structure
View All
Industry
Manufacture of other fabricated metal products n.e.c.
Registered Address
lawrence land quarhouse lane, brimscombe, stroud, gloucestershire, GL5 2RR
de havilland fabrication & welding limited Estimated Valuation
Pomanda estimates the enterprise value of DE HAVILLAND FABRICATION & WELDING LIMITED at £3.2m based on a Turnover of £5.7m and 0.56x industry multiple (adjusted for size and gross margin).
de havilland fabrication & welding limited Estimated Valuation
Pomanda estimates the enterprise value of DE HAVILLAND FABRICATION & WELDING LIMITED at £1.9m based on an EBITDA of £436.2k and a 4.36x industry multiple (adjusted for size and gross margin).
de havilland fabrication & welding limited Estimated Valuation
Pomanda estimates the enterprise value of DE HAVILLAND FABRICATION & WELDING LIMITED at £1.4m based on Net Assets of £726.3k and 1.96x industry multiple (adjusted for liquidity).
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De Havilland Fabrication & Welding Limited Overview
De Havilland Fabrication & Welding Limited is a live company located in stroud, GL5 2RR with a Companies House number of 03203844. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in May 1996, it's largest shareholder is ryanford limited with a 75% stake. De Havilland Fabrication & Welding Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.7m with high growth in recent years.
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De Havilland Fabrication & Welding Limited Health Check
Pomanda's financial health check has awarded De Havilland Fabrication & Welding Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £5.7m, make it smaller than the average company (£14.1m)
- De Havilland Fabrication & Welding Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (10.5%)
- De Havilland Fabrication & Welding Limited
10.5% - Industry AVG
Production
with a gross margin of 29.8%, this company has a comparable cost of product (29.8%)
- De Havilland Fabrication & Welding Limited
29.8% - Industry AVG
Profitability
an operating margin of 7% make it as profitable than the average company (6.7%)
- De Havilland Fabrication & Welding Limited
6.7% - Industry AVG
Employees
with 32 employees, this is below the industry average (80)
32 - De Havilland Fabrication & Welding Limited
80 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- De Havilland Fabrication & Welding Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £177.3k, this is equally as efficient (£159.7k)
- De Havilland Fabrication & Welding Limited
£159.7k - Industry AVG
Debtor Days
it gets paid by customers after 110 days, this is later than average (58 days)
- De Havilland Fabrication & Welding Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is quicker than average (42 days)
- De Havilland Fabrication & Welding Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (68 days)
- De Havilland Fabrication & Welding Limited
68 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (14 weeks)
6 weeks - De Havilland Fabrication & Welding Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.7%, this is a higher level of debt than the average (43.7%)
69.7% - De Havilland Fabrication & Welding Limited
43.7% - Industry AVG
DE HAVILLAND FABRICATION & WELDING LIMITED financials
De Havilland Fabrication & Welding Limited's latest turnover from May 2024 is estimated at £5.7 million and the company has net assets of £726.3 thousand. According to their latest financial statements, De Havilland Fabrication & Welding Limited has 32 employees and maintains cash reserves of £186.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 32 | 33 | 47 | 47 | 53 | 45 | 40 | 33 | 33 | 30 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 401,599 | 343,836 | 302,847 | 315,303 | 231,006 | 212,008 | 239,051 | 265,454 | 281,154 | 290,797 | 250,541 | 245,244 | 210,727 | 225,530 | 199,590 |
| Intangible Assets | 133 | 329 | 529 | 729 | 929 | 1,129 | |||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 401,599 | 343,836 | 302,847 | 315,303 | 231,006 | 212,008 | 239,051 | 265,454 | 281,154 | 290,930 | 250,870 | 245,773 | 211,456 | 226,459 | 200,719 |
| Stock & work in progress | 30,000 | 30,000 | 45,000 | 20,000 | 10,000 | 20,000 | 19,000 | 20,000 | 15,250 | 10,000 | 15,000 | 15,000 | 18,116 | 24,932 | 28,093 |
| Trade Debtors | 1,721,420 | 1,013,249 | 651,863 | 866,190 | 763,801 | 1,037,825 | 885,955 | 833,973 | 667,690 | 853,520 | 775,297 | 585,744 | 618,987 | 525,362 | 586,791 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 54,046 | 13,455 | 70,023 | 2,847 | 6,951 | 17,410 | 55,414 | 5,340 | 40,454 | 1,593 | 90,442 | ||||
| Cash | 186,287 | 128,964 | 108,098 | 45,952 | 366,467 | 224,077 | 81,256 | 147,048 | 31,758 | 205,039 | 4,111 | 47,905 | 24,473 | 25,047 | 16,016 |
| misc current assets | |||||||||||||||
| total current assets | 1,991,753 | 1,185,668 | 874,984 | 934,989 | 1,147,219 | 1,299,312 | 1,041,625 | 1,006,361 | 755,152 | 1,070,152 | 884,850 | 648,649 | 661,576 | 575,341 | 630,900 |
| total assets | 2,393,352 | 1,529,504 | 1,177,831 | 1,250,292 | 1,378,225 | 1,511,320 | 1,280,676 | 1,271,815 | 1,036,306 | 1,361,082 | 1,135,720 | 894,422 | 873,032 | 801,800 | 831,619 |
| Bank overdraft | 6,771 | 42,800 | 11,730 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 414,253 | 356,454 | 278,679 | 215,413 | 172,002 | 362,626 | 278,103 | 303,655 | 130,479 | 301,497 | 569,119 | 422,279 | 508,053 | 561,604 | 723,496 |
| Group/Directors Accounts | 233,296 | 325,296 | 301,757 | 196,225 | 172,238 | 710 | 12,449 | ||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 22,125 | 18,047 | |||||||||||||
| other current liabilities | 914,083 | 297,765 | 171,930 | 223,449 | 407,274 | 418,774 | 433,348 | 413,166 | 269,577 | 326,751 | |||||
| total current liabilities | 1,568,403 | 1,022,315 | 774,491 | 653,134 | 751,514 | 781,400 | 723,181 | 717,531 | 400,056 | 628,248 | 569,119 | 434,728 | 508,053 | 561,604 | 723,496 |
| loans | 137,130 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,844 | 31,651 | |||||||||||||
| provisions | 98,694 | 83,757 | 66,563 | 58,701 | 42,607 | 38,915 | 42,912 | 47,574 | 51,803 | 51,531 | 47,873 | 38,720 | 31,916 | 32,318 | 24,080 |
| total long term liabilities | 98,694 | 83,757 | 205,537 | 90,352 | 42,607 | 38,915 | 42,912 | 47,574 | 51,803 | 51,531 | 47,873 | 38,720 | 31,916 | 32,318 | 24,080 |
| total liabilities | 1,667,097 | 1,106,072 | 980,028 | 743,486 | 794,121 | 820,315 | 766,093 | 765,105 | 451,859 | 679,779 | 616,992 | 473,448 | 539,969 | 593,922 | 747,576 |
| net assets | 726,255 | 423,432 | 197,803 | 506,806 | 584,104 | 691,005 | 514,583 | 506,710 | 584,447 | 681,303 | 518,728 | 420,974 | 333,063 | 207,878 | 84,043 |
| total shareholders funds | 726,255 | 423,432 | 197,803 | 506,806 | 584,104 | 691,005 | 514,583 | 506,710 | 584,447 | 681,303 | 518,728 | 420,974 | 333,063 | 207,878 | 84,043 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 37,926 | 35,369 | 28,656 | 34,282 | 32,204 | 33,631 | 36,827 | 41,697 | 46,544 | 43,196 | 39,634 | 32,943 | 29,267 | 25,173 | 28,018 |
| Amortisation | 133 | 196 | 200 | 200 | 200 | 200 | 200 | ||||||||
| Tax | |||||||||||||||
| Stock | -15,000 | 25,000 | 10,000 | -10,000 | 1,000 | -1,000 | 4,750 | 5,250 | -5,000 | -3,116 | -6,816 | -3,161 | 28,093 | ||
| Debtors | 748,762 | 304,818 | -147,151 | 98,285 | -284,483 | 113,866 | 102,056 | 131,169 | -146,969 | -10,626 | 279,995 | -33,243 | 93,625 | -61,429 | 586,791 |
| Creditors | 57,799 | 77,775 | 63,266 | 43,411 | -190,624 | 84,523 | -25,552 | 173,176 | -171,018 | -267,622 | 146,840 | -85,774 | -53,551 | -161,892 | 723,496 |
| Accruals and Deferred Income | 616,318 | 125,835 | -51,519 | -183,825 | -11,500 | -14,574 | 20,182 | 143,589 | -57,174 | 326,751 | |||||
| Deferred Taxes & Provisions | 14,937 | 17,194 | 7,862 | 16,094 | 3,692 | -3,997 | -4,662 | -4,229 | 272 | 3,658 | 9,153 | 6,804 | -402 | 8,238 | 24,080 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -92,000 | 23,539 | 105,532 | 23,987 | 172,238 | -710 | 710 | -12,449 | 12,449 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -137,130 | 137,130 | |||||||||||||
| Hire Purchase and Lease Commitments | -22,125 | 4,078 | 18,047 | ||||||||||||
| other long term liabilities | -1,844 | -29,807 | 31,651 | ||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 57,323 | 20,866 | 62,146 | -320,515 | 142,390 | 142,821 | -65,792 | 115,290 | -173,281 | 200,928 | -43,794 | 23,432 | -574 | 9,031 | 16,016 |
| overdraft | -36,029 | 42,800 | -11,730 | 11,730 | |||||||||||
| change in cash | 93,352 | -21,934 | 62,146 | -320,515 | 142,390 | 154,551 | -77,522 | 115,290 | -173,281 | 200,928 | -43,794 | 23,432 | -574 | 9,031 | 16,016 |
de havilland fabrication & welding limited Credit Report and Business Information
De Havilland Fabrication & Welding Limited Competitor Analysis
Perform a competitor analysis for de havilland fabrication & welding limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in GL5 area or any other competitors across 12 key performance metrics.
de havilland fabrication & welding limited Ownership
DE HAVILLAND FABRICATION & WELDING LIMITED group structure
De Havilland Fabrication & Welding Limited has no subsidiary companies.
Ultimate parent company
DE HAVILLAND FABRICATION & WELDING LIMITED
03203844
de havilland fabrication & welding limited directors
De Havilland Fabrication & Welding Limited currently has 3 directors. The longest serving directors include Mr William Ryan (May 1996) and Mrs Judith Jewell (May 1996).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Ryan | United Kingdom | 63 years | May 1996 | - | Director |
| Mrs Judith Jewell | United Kingdom | 70 years | May 1996 | - | Director |
| Mr Alan Ford | United Kingdom | 44 years | Jun 2012 | - | Director |
P&L
May 2024turnover
5.7m
+51%
operating profit
398.3k
0%
gross margin
29.9%
+3.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
726.3k
+0.72%
total assets
2.4m
+0.56%
cash
186.3k
+0.44%
net assets
Total assets minus all liabilities
de havilland fabrication & welding limited company details
company number
03203844
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
May 1996
age
29
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
lawrence land quarhouse lane, brimscombe, stroud, gloucestershire, GL5 2RR
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
de havilland fabrication & welding 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 de havilland fabrication & welding limited. Currently there are 3 open charges and 2 have been satisfied in the past.
de havilland fabrication & welding 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.
Click to start generating capital raising & share issue transactions for DE HAVILLAND FABRICATION & WELDING LIMITED. This can take several minutes, an email will notify you when this has completed.
de havilland fabrication & welding limited Companies House Filings - See Documents
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