direct validation services limited
direct validation services limited Company Information
Company Number
03566382
Next Accounts
11 days late
Shareholders
direct newco limited
Group Structure
View All
Industry
Activities of call centres
Registered Address
5th floor 20 gracechurch street, london, EC3V 0BG
Website
www.directvalidation.comdirect validation services limited Estimated Valuation
Pomanda estimates the enterprise value of DIRECT VALIDATION SERVICES LIMITED at £2.8m based on a Turnover of £5.1m and 0.55x industry multiple (adjusted for size and gross margin).
direct validation services limited Estimated Valuation
Pomanda estimates the enterprise value of DIRECT VALIDATION SERVICES LIMITED at £1m based on an EBITDA of £270k and a 3.78x industry multiple (adjusted for size and gross margin).
direct validation services limited Estimated Valuation
Pomanda estimates the enterprise value of DIRECT VALIDATION SERVICES LIMITED at £0 based on Net Assets of £-470k and 2.05x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Direct Validation Services Limited Overview
Direct Validation Services Limited is a live company located in london, EC3V 0BG with a Companies House number of 03566382. It operates in the activities of call centres sector, SIC Code 82200. Founded in May 1998, it's largest shareholder is direct newco limited with a 100% stake. Direct Validation Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.1m with high growth in recent years.
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Direct Validation Services Limited Health Check
Pomanda's financial health check has awarded Direct Validation Services Limited a 2 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
3 Regular
6 Weak
Size
annual sales of £5.1m, make it smaller than the average company (£11.2m)
£5.1m - Direct Validation Services Limited
£11.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6.7%)
21% - Direct Validation Services Limited
6.7% - Industry AVG
Production
with a gross margin of 30.5%, this company has a comparable cost of product (27.2%)
30.5% - Direct Validation Services Limited
27.2% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (4.1%)
2.5% - Direct Validation Services Limited
4.1% - Industry AVG
Employees
with 199 employees, this is similar to the industry average (181)
199 - Direct Validation Services Limited
181 - Industry AVG
Pay Structure
on an average salary of £19.7k, the company has a lower pay structure (£24.8k)
£19.7k - Direct Validation Services Limited
£24.8k - Industry AVG
Efficiency
resulting in sales per employee of £25.7k, this is less efficient (£46k)
£25.7k - Direct Validation Services Limited
£46k - Industry AVG
Debtor Days
it gets paid by customers after 110 days, this is later than average (44 days)
110 days - Direct Validation Services Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (12 days)
4 days - Direct Validation Services Limited
12 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Direct Validation Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is average cash available to meet short term requirements (3 weeks)
4 weeks - Direct Validation Services Limited
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.5%, this is a higher level of debt than the average (58.3%)
110.5% - Direct Validation Services Limited
58.3% - Industry AVG
DIRECT VALIDATION SERVICES LIMITED financials
Direct Validation Services Limited's latest turnover from June 2023 is £5.1 million and the company has net assets of -£470 thousand. According to their latest financial statements, Direct Validation Services Limited has 199 employees and maintains cash reserves of £429 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | Jan 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,109,000 | 3,562,000 | 4,002,000 | 2,918,000 | 5,874,000 | 3,686,000 | 3,585,000 | 3,575,000 | 3,999,000 | 4,238,000 | 3,260,000 | 3,819,000 | 3,247,000 | 2,924,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 3,551,000 | 2,648,000 | 2,554,000 | 2,019,000 | ||||||||||
| Gross Profit | 1,558,000 | 914,000 | 1,448,000 | 899,000 | 5,874,000 | 3,999,000 | 3,819,000 | 3,247,000 | 2,924,000 | |||||
| Admin Expenses | 1,433,000 | 862,000 | 1,697,000 | 1,876,000 | 3,830,000 | 2,541,000 | 3,411,000 | 4,690,000 | ||||||
| Operating Profit | 125,000 | 52,000 | -249,000 | -977,000 | 381,000 | 507,000 | 165,000 | 169,000 | 318,000 | -487,000 | 1,278,000 | -164,000 | -1,766,000 | |
| Interest Payable | 3,000 | 83,000 | 49,000 | 58,000 | 82,000 | 3,000 | 3,000 | 50,000 | 74,000 | 81,000 | ||||
| Interest Receivable | 44,000 | 44,000 | 32,000 | |||||||||||
| Pre-Tax Profit | 125,000 | 52,000 | -252,000 | -977,000 | -216,000 | 332,000 | 449,000 | -1,488,000 | 213,000 | 359,000 | -458,000 | 1,228,000 | -238,000 | -1,847,000 |
| Tax | -121,000 | 2,000 | 55,000 | -22,000 | 15,000 | -66,000 | -54,000 | -14,000 | 78,000 | -31,000 | 93,000 | -124,000 | 184,000 | 50,000 |
| Profit After Tax | 4,000 | 54,000 | -197,000 | -999,000 | -201,000 | 266,000 | 395,000 | -1,502,000 | 291,000 | 328,000 | -365,000 | 1,104,000 | -54,000 | -1,797,000 |
| Dividends Paid | ||||||||||||||
| Retained Profit | 4,000 | 54,000 | -197,000 | -999,000 | -201,000 | 266,000 | 395,000 | -1,502,000 | 291,000 | 328,000 | -365,000 | 1,104,000 | -54,000 | -1,797,000 |
| Employee Costs | 3,919,000 | 3,020,000 | 3,173,000 | 2,522,000 | 4,869,000 | 1,876,000 | 2,524,000 | 2,252,000 | 2,896,000 | 2,743,000 | 2,160,000 | 2,168,000 | 1,945,000 | 2,702,000 |
| Number Of Employees | 199 | 145 | 160 | 125 | 175 | 146 | 150 | 130 | 124 | 128 | 121 | |||
| EBITDA* | 270,000 | 142,000 | -169,000 | -888,000 | 442,000 | 527,000 | 193,000 | 199,000 | 332,000 | 187,000 | 1,475,000 | 321,000 | -1,404,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | Jan 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 131,000 | 211,000 | 371,000 | 386,000 | 519,000 | 49,000 | 69,000 | 98,000 | 38,000 | 257,000 | 358,000 | 436,000 | 853,000 | |
| Intangible Assets | 7,000 | 21,000 | 30,000 | |||||||||||
| Investments & Other | 370,000 | 370,000 | 370,000 | |||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 7,000 | 152,000 | 241,000 | 371,000 | 386,000 | 519,000 | 49,000 | 69,000 | 468,000 | 408,000 | 627,000 | 358,000 | 436,000 | 853,000 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 1,542,000 | 1,540,000 | 1,260,000 | 1,201,000 | 2,753,000 | 2,633,000 | 4,195,000 | 3,972,000 | 2,366,000 | 2,906,000 | 2,906,000 | 2,491,000 | 3,428,000 | 2,387,000 |
| Group Debtors | 197,000 | 64,000 | 64,000 | 64,000 | 64,000 | 1,053,000 | 103,000 | 238,000 | 3,969,000 | 3,976,000 | 2,552,000 | 1,010,000 | 475,000 | |
| Misc Debtors | 2,317,000 | 2,336,000 | 2,737,000 | 712,000 | 402,000 | 430,000 | 570,000 | 451,000 | 1,069,000 | 502,000 | 367,000 | 206,000 | 396,000 | 36,000 |
| Cash | 429,000 | 267,000 | 1,419,000 | 1,443,000 | 2,851,000 | 5,659,000 | 5,581,000 | 6,052,000 | 4,741,000 | 5,299,000 | 4,838,000 | 3,686,000 | 3,807,000 | 2,257,000 |
| misc current assets | ||||||||||||||
| total current assets | 4,485,000 | 4,207,000 | 5,480,000 | 3,420,000 | 6,070,000 | 9,775,000 | 10,449,000 | 10,713,000 | 12,145,000 | 12,683,000 | 10,663,000 | 7,393,000 | 8,106,000 | 4,680,000 |
| total assets | 4,492,000 | 4,359,000 | 5,721,000 | 3,791,000 | 6,456,000 | 10,294,000 | 10,498,000 | 10,782,000 | 12,613,000 | 13,091,000 | 11,290,000 | 7,751,000 | 8,542,000 | 5,533,000 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 48,000 | 40,000 | 46,000 | 2,403,000 | 2,250,000 | 7,325,000 | 9,174,000 | 9,238,000 | 5,685,000 | 6,450,000 | 4,902,000 | 4,183,000 | 5,337,000 | 3,320,000 |
| Group/Directors Accounts | 2,589,000 | 2,171,000 | 1,926,000 | 1,435,000 | 462,000 | 1,664,000 | 487,000 | 491,000 | 2,847,000 | 2,823,000 | 2,613,000 | 391,000 | 665,000 | 408,000 |
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 2,282,000 | 2,579,000 | 4,145,000 | 81,000 | 2,947,000 | 307,000 | 238,000 | 849,000 | 2,375,000 | 2,403,000 | 2,688,000 | 1,725,000 | 2,167,000 | 1,403,000 |
| total current liabilities | 4,919,000 | 4,790,000 | 6,117,000 | 3,919,000 | 5,659,000 | 9,296,000 | 9,899,000 | 10,578,000 | 10,907,000 | 11,676,000 | 10,203,000 | 6,299,000 | 8,169,000 | 5,131,000 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 43,000 | 43,000 | 133,000 | 207,000 | ||||||||||
| provisions | 133,000 | 133,000 | 25,000 | |||||||||||
| total long term liabilities | 43,000 | 43,000 | 133,000 | 207,000 | 133,000 | 133,000 | 25,000 | |||||||
| total liabilities | 4,962,000 | 4,833,000 | 6,250,000 | 4,126,000 | 5,792,000 | 9,429,000 | 9,899,000 | 10,578,000 | 10,907,000 | 11,676,000 | 10,203,000 | 6,299,000 | 8,194,000 | 5,131,000 |
| net assets | -470,000 | -474,000 | -529,000 | -335,000 | 664,000 | 865,000 | 599,000 | 204,000 | 1,706,000 | 1,415,000 | 1,087,000 | 1,452,000 | 348,000 | 402,000 |
| total shareholders funds | -470,000 | -474,000 | -529,000 | -335,000 | 664,000 | 865,000 | 599,000 | 204,000 | 1,706,000 | 1,415,000 | 1,087,000 | 1,452,000 | 348,000 | 402,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jan 2012 | Jan 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 125,000 | 52,000 | -249,000 | -977,000 | 381,000 | 507,000 | 165,000 | 169,000 | 318,000 | -487,000 | 1,278,000 | -164,000 | -1,766,000 | |
| Depreciation | 131,000 | 80,000 | 80,000 | 89,000 | 101,000 | 61,000 | 20,000 | 28,000 | 30,000 | 14,000 | 674,000 | 197,000 | 485,000 | 362,000 |
| Amortisation | 14,000 | 10,000 | ||||||||||||
| Tax | -121,000 | 2,000 | 55,000 | -22,000 | 15,000 | -66,000 | -54,000 | -14,000 | 78,000 | -31,000 | 93,000 | -124,000 | 184,000 | 50,000 |
| Stock | ||||||||||||||
| Debtors | 116,000 | -121,000 | 2,084,000 | -1,242,000 | 3,219,000 | -752,000 | 207,000 | -2,743,000 | 20,000 | 1,559,000 | 1,526,000 | -592,000 | 1,876,000 | 2,423,000 |
| Creditors | 8,000 | -6,000 | -2,357,000 | 153,000 | 2,250,000 | -1,849,000 | -64,000 | 3,553,000 | -765,000 | 1,548,000 | -435,000 | -1,154,000 | 2,017,000 | 3,320,000 |
| Accruals and Deferred Income | -297,000 | -1,566,000 | 4,064,000 | -2,866,000 | 2,947,000 | 69,000 | -611,000 | -1,526,000 | -28,000 | -285,000 | 521,000 | -442,000 | 764,000 | 1,403,000 |
| Deferred Taxes & Provisions | -133,000 | 133,000 | 133,000 | -25,000 | -25,000 | 25,000 | ||||||||
| Cash flow from operations | -256,000 | -1,307,000 | -491,000 | -2,514,000 | -519,000 | -409,000 | 4,949,000 | -536,000 | 5,000 | -1,185,000 | 322,000 | 1,435,000 | 946,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -370,000 | 370,000 | ||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 418,000 | 245,000 | 491,000 | 973,000 | 462,000 | 1,177,000 | -4,000 | -2,356,000 | 24,000 | 210,000 | 1,948,000 | -274,000 | 257,000 | 408,000 |
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -90,000 | -74,000 | 207,000 | |||||||||||
| share issue | ||||||||||||||
| interest | -3,000 | -83,000 | -49,000 | -58,000 | -82,000 | 44,000 | 41,000 | 29,000 | -50,000 | -74,000 | -81,000 | |||
| cash flow from financing | 418,000 | 156,000 | 417,000 | 1,180,000 | 1,244,000 | 1,128,000 | -62,000 | -2,438,000 | 68,000 | 251,000 | 3,081,000 | -324,000 | 183,000 | 2,526,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 162,000 | -1,152,000 | -24,000 | -1,408,000 | 2,851,000 | 78,000 | -471,000 | 1,311,000 | -558,000 | 461,000 | 1,031,000 | -121,000 | 1,550,000 | 2,257,000 |
| overdraft | ||||||||||||||
| change in cash | 162,000 | -1,152,000 | -24,000 | -1,408,000 | 2,851,000 | 78,000 | -471,000 | 1,311,000 | -558,000 | 461,000 | 1,031,000 | -121,000 | 1,550,000 | 2,257,000 |
direct validation services limited Credit Report and Business Information
Direct Validation Services Limited Competitor Analysis
Perform a competitor analysis for direct validation services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC3V area or any other competitors across 12 key performance metrics.
direct validation services limited Ownership
DIRECT VALIDATION SERVICES LIMITED group structure
Direct Validation Services Limited has 1 subsidiary company.
Ultimate parent company
DAVIES BIDCO LTD
#0127498
2 parents
DIRECT VALIDATION SERVICES LIMITED
03566382
1 subsidiary
direct validation services limited directors
Direct Validation Services Limited currently has 3 directors. The longest serving directors include Ms Allison Carr (Dec 2024) and Ms Amber Wilkinson (Jan 2025).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Allison Carr | United Kingdom | 54 years | Dec 2024 | - | Director |
| Ms Amber Wilkinson | United Kingdom | 45 years | Jan 2025 | - | Director |
| Mr Matthew Button | United Kingdom | 37 years | Jan 2025 | - | Director |
P&L
June 2023turnover
5.1m
+43%
operating profit
125k
+140%
gross margin
30.5%
+18.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-470k
-0.01%
total assets
4.5m
+0.03%
cash
429k
+0.61%
net assets
Total assets minus all liabilities
Similar Companies
direct validation services limited company details
company number
03566382
Type
Private limited with Share Capital
industry
82200 - Activities of call centres
incorporation date
May 1998
age
27
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
evander validation services limited (July 2010)
replacement management limited (October 2009)
See moreaccountant
-
auditor
BDO LLP
address
5th floor 20 gracechurch street, london, EC3V 0BG
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
direct validation services 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 16 charges/mortgages relating to direct validation services limited. Currently there are 0 open charges and 16 have been satisfied in the past.
direct validation services 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 DIRECT VALIDATION SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
direct validation services limited Companies House Filings - See Documents
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