dechra pharmaceuticals limited

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dechra pharmaceuticals limited Company Information

Share DECHRA PHARMACEUTICALS LIMITED

Company Number

03369634

Shareholders

freya bidco limited

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

24, cheshire avenue cheshire busines, northwich, CW9 7UA

dechra pharmaceuticals limited Estimated Valuation

£1.1b

Pomanda estimates the enterprise value of DECHRA PHARMACEUTICALS LIMITED at £1.1b based on a Turnover of £761.5m and 1.51x industry multiple (adjusted for size and gross margin).

dechra pharmaceuticals limited Estimated Valuation

£1.1b

Pomanda estimates the enterprise value of DECHRA PHARMACEUTICALS LIMITED at £1.1b based on an EBITDA of £96m and a 11.58x industry multiple (adjusted for size and gross margin).

dechra pharmaceuticals limited Estimated Valuation

£1.6b

Pomanda estimates the enterprise value of DECHRA PHARMACEUTICALS LIMITED at £1.6b based on Net Assets of £755.2m and 2.14x industry multiple (adjusted for liquidity).

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Dechra Pharmaceuticals Limited Overview

Dechra Pharmaceuticals Limited is a live company located in northwich, CW9 7UA with a Companies House number of 03369634. It operates in the activities of head offices sector, SIC Code 70100. Founded in May 1997, it's largest shareholder is freya bidco limited with a 100% stake. Dechra Pharmaceuticals Limited is a mature, mega sized company, Pomanda has estimated its turnover at £761.5m with healthy growth in recent years.

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Dechra Pharmaceuticals Limited Health Check

Pomanda's financial health check has awarded Dechra Pharmaceuticals Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

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Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £761.5m, make it larger than the average company (£19.5m)

£761.5m - Dechra Pharmaceuticals Limited

£19.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (5.3%)

14% - Dechra Pharmaceuticals Limited

5.3% - Industry AVG

production

Production

with a gross margin of 56%, this company has a lower cost of product (33.5%)

56% - Dechra Pharmaceuticals Limited

33.5% - Industry AVG

profitability

Profitability

an operating margin of 0.8% make it less profitable than the average company (5.9%)

0.8% - Dechra Pharmaceuticals Limited

5.9% - Industry AVG

employees

Employees

with 2335 employees, this is above the industry average (108)

2335 - Dechra Pharmaceuticals Limited

108 - Industry AVG

paystructure

Pay Structure

on an average salary of £70.1k, the company has a higher pay structure (£47.4k)

£70.1k - Dechra Pharmaceuticals Limited

£47.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £326.1k, this is more efficient (£196.7k)

£326.1k - Dechra Pharmaceuticals Limited

£196.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 69 days, this is later than average (46 days)

69 days - Dechra Pharmaceuticals Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 47 days, this is close to average (44 days)

47 days - Dechra Pharmaceuticals Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 236 days, this is more than average (50 days)

236 days - Dechra Pharmaceuticals Limited

50 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (16 weeks)

23 weeks - Dechra Pharmaceuticals Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 51.9%, this is a similar level of debt than the average (56.1%)

51.9% - Dechra Pharmaceuticals Limited

56.1% - Industry AVG

DECHRA PHARMACEUTICALS LIMITED financials

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Dechra Pharmaceuticals Limited's latest turnover from June 2023 is £761.5 million and the company has net assets of £755.2 million. According to their latest financial statements, Dechra Pharmaceuticals Limited has 2,335 employees and maintains cash reserves of £74.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover761,500,000681,800,000608,000,000515,100,000481,800,000407,100,000359,300,000247,562,000203,480,000193,571,000189,176,000124,330,000389,237,000369,369,000
Other Income Or Grants
Cost Of Sales335,200,000297,000,000262,100,000223,500,000208,700,000184,700,000167,600,000115,122,00087,338,00085,863,00088,470,00053,220,000300,876,000288,744,000
Gross Profit426,300,000384,800,000345,900,000291,600,000273,100,000222,400,000191,700,000132,440,000116,142,000107,708,000100,706,00071,110,00088,361,00080,625,000
Admin Expenses420,000,000289,300,000261,900,000239,400,000234,100,000188,300,000158,500,000112,947,00090,162,00082,712,00082,370,00060,838,00066,643,000100,491,000
Operating Profit6,300,00095,500,00084,000,00052,200,00039,000,00034,100,00033,200,00019,493,00025,980,00024,996,00018,336,00010,272,00021,718,000-19,866,000
Interest Payable46,000,00022,300,00012,700,00014,000,00011,500,0006,400,0005,300,0002,389,0001,416,0003,658,0005,448,0003,320,0005,348,0003,766,000
Interest Receivable4,500,0005,700,0003,800,0003,000,000200,000200,00021,00026,000302,00073,00080,0001,145,0001,006,000
Pre-Tax Profit-36,100,00077,600,00074,000,00040,900,00027,800,00028,900,00028,600,00014,548,00025,806,00021,442,00012,478,0006,112,00018,514,00017,732,000
Tax8,200,000-19,400,000-18,500,000-7,000,0003,100,0007,200,000-2,500,000-2,036,000-6,347,000-2,026,000-1,628,000-2,207,000-4,380,000-4,575,000
Profit After Tax-27,900,00058,200,00055,500,00033,900,00030,900,00036,100,00026,100,00012,512,00019,459,00019,416,00010,850,0003,905,00014,134,00013,157,000
Dividends Paid44,800,00037,900,00033,300,00028,400,00021,800,00017,700,00015,292,00013,857,00012,579,00011,170,0008,325,0007,221,0006,195,000
Retained Profit-27,900,00013,400,00017,600,000600,0002,500,00014,300,0008,400,000-2,624,0005,602,0006,837,0006,743,0003,424,0006,913,0006,962,000
Employee Costs163,800,000131,600,000120,300,000104,000,00092,700,00088,200,00076,100,00056,504,00045,613,00041,624,00050,952,00037,014,00033,248,00031,179,000
Number Of Employees2,3352,0361,9451,8501,7311,4371,3381,3088637631,2871,0421,0051,021
EBITDA*96,000,000183,900,000174,500,000136,000,000127,700,00095,500,00080,500,00044,808,00047,518,00045,521,00041,007,00024,618,00033,589,000-10,449,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets184,000,000122,200,000110,200,000101,900,00069,400,00059,600,00056,800,00038,526,00018,219,00018,258,00016,074,00018,677,0007,721,0007,673,000
Intangible Assets922,400,000730,500,000715,800,000692,200,000680,600,000709,800,000396,300,000355,258,000166,684,000196,182,000219,596,000225,872,000125,098,00080,371,000
Investments & Other14,900,00017,300,00019,200,00020,100,00010,100,00010,500,00010,800,000342,0001,957,000
Debtors (Due After 1 year)4,900,0002,300,0002,000,0002,700,000
Total Fixed Assets1,101,500,000850,400,000824,000,000791,400,000750,000,000769,400,000453,100,000393,784,000184,903,000214,440,000235,670,000244,549,000132,819,00088,044,000
Stock & work in progress217,300,000175,700,000149,500,000120,800,000103,500,00086,600,00056,500,00054,375,00031,744,00029,673,00029,199,00057,281,00040,760,00034,819,000
Trade Debtors144,200,000122,100,00088,200,00079,400,00091,100,00076,000,00059,700,00059,232,00027,705,00028,325,00025,296,00069,596,00062,212,00048,293,000
Group Debtors
Misc Debtors17,700,00014,700,00018,500,00014,500,0008,700,0005,600,0007,600,0009,637,0003,227,0001,563,0002,386,0002,517,0004,081,0002,869,000
Cash74,400,000120,900,000118,400,000227,400,00080,300,00079,700,00061,200,00039,142,00045,948,00026,773,00032,791,00032,435,00030,496,00031,502,000
misc current assets10,600,00089,784,000589,000
total current assets467,900,000444,400,000392,200,000448,900,000294,200,000247,900,000185,000,000162,386,000108,624,00086,334,000179,456,000162,418,000137,549,000117,483,000
total assets1,569,400,0001,294,800,0001,216,200,0001,240,300,0001,044,200,0001,017,300,000638,100,000556,170,000293,527,000300,774,000415,126,000406,967,000270,368,000205,527,000
Bank overdraft
Bank loan1,400,0001,200,0001,200,0001,000,0001,648,0009,412,0005,000,0008,000,00020,000,000
Trade Creditors 43,400,00046,000,00035,200,00034,600,00031,900,00033,000,00021,400,00024,326,00010,370,00012,867,00011,859,00063,559,00063,213,00056,465,000
Group/Directors Accounts
other short term finances4,100,0006,400,00022,600,0008,800,0001,600,000517,000138,000957,000573,000
hp & lease commitments3,900,0003,300,0003,100,0003,200,00024,0008,000103,000338,000695,000502,000441,000
other current liabilities112,600,000103,000,00094,900,00098,100,00085,000,00048,600,00042,400,00039,467,00033,593,00022,745,00080,953,00034,796,00017,237,00011,562,000
total current liabilities164,000,000158,700,000155,800,000137,300,000118,100,00091,600,00066,400,00065,982,00044,109,00035,715,000103,519,000104,050,00088,952,00089,041,000
loans1,144,400,000654,600,000635,200,000706,200,000619,200,000635,800,000427,200,000312,036,00065,038,00063,320,000212,651,000232,006,000112,170,00035,524,000
hp & lease commitments500,600,00012,100,00012,800,00011,800,0007,000142,000246,000339,000729,000
Accruals and Deferred Income200,0003,412,0006,025,0003,526,000
other liabilities104,000,00057,600,00047,300,00030,900,0001,311,0001,070,00013,555,000
provisions156,000,00076,000,000104,600,000130,200,000153,000,000205,200,000111,000,000111,950,00035,376,00042,996,00056,360,00059,412,00026,886,00024,992,000
total long term liabilities650,200,000469,300,000427,500,000465,500,000417,000,000420,700,000269,100,000213,576,00054,930,00060,253,000136,991,000149,235,00083,083,00030,258,000
total liabilities814,200,000628,000,000583,300,000602,800,000535,100,000512,300,000335,500,000279,558,00099,039,00095,968,000240,510,000253,285,000172,035,000119,299,000
net assets755,200,000666,800,000632,900,000637,500,000509,100,000505,000,000301,000,000274,631,000194,488,000204,806,000174,616,000153,682,00098,333,00086,228,000
total shareholders funds755,200,000666,800,000632,900,000637,500,000509,100,000505,000,000301,000,000274,631,000194,488,000204,806,000174,616,000153,682,00098,333,00086,228,000
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit6,300,00095,500,00084,000,00052,200,00039,000,00034,100,00033,200,00019,493,00025,980,00024,996,00018,336,00010,272,00021,718,000-19,866,000
Depreciation13,700,00011,100,00011,000,0009,900,0007,800,0004,800,0004,900,0003,763,0002,412,0002,185,0002,795,0001,584,0001,509,0001,509,000
Amortisation76,000,00077,300,00079,500,00073,900,00080,900,00056,600,00042,400,00021,552,00019,126,00018,340,00019,876,00012,762,00010,362,0007,908,000
Tax8,200,000-19,400,000-18,500,000-7,000,0003,100,0007,200,000-2,500,000-2,036,000-6,347,000-2,026,000-1,628,000-2,207,000-4,380,000-4,575,000
Stock41,600,00026,200,00028,700,00017,300,00016,900,00030,100,0002,125,00022,631,0002,071,000474,000-28,082,00016,521,0005,941,00034,819,000
Debtors27,700,00030,400,00012,100,000-3,200,00018,200,00014,300,000-1,569,00037,937,0001,044,0002,206,000-44,431,0005,820,00015,131,00051,162,000
Creditors-2,600,00010,800,000600,0002,700,000-1,100,00011,600,000-2,926,00013,956,000-2,497,0001,008,000-51,700,000346,0006,748,00056,465,000
Accruals and Deferred Income9,600,0008,100,000-3,200,00013,100,00036,200,0006,400,0002,933,0002,462,0008,235,000-52,183,00042,631,00021,085,0005,675,00011,562,000
Deferred Taxes & Provisions80,000,000-28,600,000-25,600,000-22,800,000-52,200,00094,200,000-950,00076,574,000-7,620,000-13,364,000-3,052,00032,526,0001,894,00024,992,000
Cash flow from operations121,900,00098,200,00087,000,000107,900,00078,600,000170,500,00076,501,00075,196,00036,174,000-23,724,00099,771,00054,027,00022,454,000-7,986,000
Investing Activities
capital expenditure-343,400,000-115,100,000-122,400,000-127,900,000-69,300,000-377,700,000-106,616,000-234,196,0007,999,000705,000-13,792,000-126,076,000-56,646,000-97,461,000
Change in Investments-2,400,000-1,900,000-900,00010,000,000-400,000-300,00010,458,000342,000-1,957,0001,957,000
cash flow from investments-341,000,000-113,200,000-121,500,000-137,900,000-68,900,000-377,400,000-117,074,000-234,538,0007,999,000705,000-11,835,000-128,033,000-56,646,000-97,461,000
Financing Activities
Bank loans-1,400,000200,000200,000-648,0001,648,000-9,412,0004,412,000-3,000,000-12,000,00020,000,000
Group/Directors Accounts
Other Short Term Loans -2,300,000-16,200,00022,600,000-8,800,0007,200,0001,083,000379,000138,000-957,000957,000-573,000573,000
Long term loans489,800,00019,400,000-71,000,00087,000,000-16,600,000208,600,000115,164,000246,998,0001,718,000-149,331,000-19,355,000119,836,00076,646,00035,524,000
Hire Purchase and Lease Commitments489,100,000-500,000900,00015,000,000-24,00016,000-102,000-370,000-461,000100,000-329,0001,170,000
other long term liabilities-104,000,00046,400,00010,300,00016,400,00030,900,000-1,311,000241,0001,070,000-13,555,00013,555,000
share issue116,300,00020,500,000-22,200,000127,800,0001,600,000189,700,00017,969,00082,767,000-15,920,00023,353,00014,191,00051,925,0005,192,00079,266,000
interest-41,500,000-16,600,000-8,900,000-11,000,000-11,500,000-6,200,000-5,100,000-2,368,000-1,390,000-3,356,000-5,375,000-3,240,000-4,203,000-2,760,000
cash flow from financing947,400,00053,000,000-69,700,000235,400,000-4,400,000399,500,000128,444,000328,129,000-15,315,000-139,003,000-5,631,000152,066,00078,288,000133,773,000
cash and cash equivalents
cash-46,500,0002,500,000-109,000,000147,100,000600,00018,500,00022,058,000-6,806,00019,175,000-6,018,000356,0001,939,000-1,006,00031,502,000
overdraft
change in cash-46,500,0002,500,000-109,000,000147,100,000600,00018,500,00022,058,000-6,806,00019,175,000-6,018,000356,0001,939,000-1,006,00031,502,000

dechra pharmaceuticals limited Credit Report and Business Information

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Dechra Pharmaceuticals Limited Competitor Analysis

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Perform a competitor analysis for dechra pharmaceuticals limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in CW9 area or any other competitors across 12 key performance metrics.

dechra pharmaceuticals limited Ownership

DECHRA PHARMACEUTICALS LIMITED group structure

Dechra Pharmaceuticals Limited has 4 subsidiary companies.

DECHRA PHARMACEUTICALS LIMITED Shareholders

freya bidco limited 100%

dechra pharmaceuticals limited directors

Dechra Pharmaceuticals Limited currently has 3 directors. The longest serving directors include Mr Paul Sandland (Oct 2019) and Mr Jonathan Lang (Jun 2024).

officercountryagestartendrole
Mr Paul SandlandEngland46 years Oct 2019- Director
Mr Jonathan Lang50 years Jun 2024- Director
Mr Jesper NordengaardUnited Kingdom49 years Jun 2024- Director

P&L

June 2023

turnover

761.5m

+12%

operating profit

6.3m

-93%

gross margin

56%

-0.81%

turnover

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

Balance Sheet

June 2023

net assets

755.2m

+0.13%

total assets

1.6b

+0.21%

cash

74.4m

-0.38%

net assets

Total assets minus all liabilities

dechra pharmaceuticals limited company details

company number

03369634

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

May 1997

age

28

incorporated

UK

ultimate parent company

FREYA POOLCO SARL

accounts

Group

last accounts submitted

June 2023

previous names

dechra pharmaceuticals plc (January 2024)

dechra pharmaceuticals limited (August 2000)

See more

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

24, cheshire avenue cheshire busines, northwich, CW9 7UA

Bank

HSBC BANK PLC

Legal Advisor

-

dechra pharmaceuticals 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 14 charges/mortgages relating to dechra pharmaceuticals limited. Currently there are 1 open charges and 13 have been satisfied in the past.

dechra pharmaceuticals 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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dechra pharmaceuticals limited Companies House Filings - See Documents

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