doubletide limited

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doubletide limited Company Information

Share DOUBLETIDE LIMITED

Company Number

03676402

Directors

Aseem Abbas

Shareholders

aseem abbas

Group Structure

View All

Industry

Dormant Company

 

Registered Address

16 great queen street, covent garden, london, wc2b 5ah, WC2B 5DG

doubletide limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DOUBLETIDE LIMITED at £0 based on a Turnover of £170k and 0x industry multiple (adjusted for size and gross margin).

doubletide limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DOUBLETIDE LIMITED at £0 based on an EBITDA of £0 and a 1.47x industry multiple (adjusted for size and gross margin).

doubletide limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DOUBLETIDE LIMITED at £0 based on Net Assets of £-36.8k and 0.54x industry multiple (adjusted for liquidity).

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Doubletide Limited Overview

Doubletide Limited is a live company located in london, WC2B 5DG with a Companies House number of 03676402. It operates in the dormant company sector, SIC Code 99999. Founded in December 1998, it's largest shareholder is aseem abbas with a 100% stake. Doubletide Limited is a mature, micro sized company, Pomanda has estimated its turnover at £170k with low growth in recent years.

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Doubletide Limited Health Check

Pomanda's financial health check has awarded Doubletide Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £170k, make it smaller than the average company (£6m)

£170k - Doubletide Limited

£6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (4.4%)

0% - Doubletide Limited

4.4% - Industry AVG

production

Production

with a gross margin of 18.4%, this company has a higher cost of product (32.8%)

18.4% - Doubletide Limited

32.8% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Doubletide Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (51)

1 - Doubletide Limited

51 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.9k, the company has an equivalent pay structure (£38.9k)

£38.9k - Doubletide Limited

£38.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £170k, this is equally as efficient (£176k)

£170k - Doubletide Limited

£176k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Doubletide Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 227 days, this is slower than average (38 days)

227 days - Doubletide Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Doubletide Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Doubletide Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 174.4%, this is a higher level of debt than the average (67.7%)

174.4% - Doubletide Limited

67.7% - Industry AVG

DOUBLETIDE LIMITED financials

EXPORTms excel logo

Doubletide Limited's latest turnover from March 2023 is estimated at £170 thousand and the company has net assets of -£36.8 thousand. According to their latest financial statements, Doubletide Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover169,954153,624171,717167,734296,996280,424
Other Income Or Grants
Cost Of Sales138,617126,551143,663139,175246,952234,580
Gross Profit31,33827,07328,05428,55950,04545,844
Admin Expenses31,33827,07328,05465,388-45,46850,04582,673
Operating Profit-36,82945,468-36,829
Interest Payable
Interest Receivable
Pre-Tax Profit-36,82945,468-36,829
Tax-8,639
Profit After Tax-36,82936,829-36,829
Dividends Paid
Retained Profit-36,82936,829-36,829
Employee Costs38,90636,47335,38934,15763,74561,979
Number Of Employees111122
EBITDA*-36,82945,468-36,829

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets49,50049,50049,50049,50049,50049,500
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets49,50049,50049,50049,50049,50049,500
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
total assets49,50049,50049,50049,50049,50049,500
Bank overdraft
Bank loan
Trade Creditors 86,32986,32986,32986,32986,32986,329
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities86,32986,32986,32986,32986,32986,329
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities86,32986,32986,32986,32986,32986,329
net assets-36,829-36,829-36,829-36,829-36,829-36,829
total shareholders funds-36,829-36,829-36,829-36,829-36,829-36,829
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-36,82945,468-36,829
Depreciation
Amortisation
Tax-8,639
Stock
Debtors
Creditors86,329-86,32986,329
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations49,500-49,50049,500
Investing Activities
capital expenditure-49,50049,500-49,500
Change in Investments
cash flow from investments-49,50049,500-49,500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

doubletide limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Doubletide Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for doubletide limited by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other micro companies, companies in WC2B area or any other competitors across 12 key performance metrics.

doubletide limited Ownership

DOUBLETIDE LIMITED group structure

Doubletide Limited has 1 subsidiary company.

Ultimate parent company

DOUBLETIDE LIMITED

03676402

1 subsidiary

DOUBLETIDE LIMITED Shareholders

aseem abbas 100%

doubletide limited directors

Doubletide Limited currently has 1 director, Mr Aseem Abbas serving since Dec 1998.

officercountryagestartendrole
Mr Aseem AbbasEngland59 years Dec 1998- Director

P&L

March 2023

turnover

170k

+11%

operating profit

0

0%

gross margin

18.5%

+4.63%

turnover

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

Balance Sheet

March 2023

net assets

-36.8k

0%

total assets

49.5k

0%

cash

0

0%

net assets

Total assets minus all liabilities

doubletide limited company details

company number

03676402

Type

Private limited with Share Capital

industry

99999 - Dormant Company

incorporation date

December 1998

age

27

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

March 2023

previous names

N/A

accountant

BLICK ROTHENBERG LIMITED

auditor

-

address

16 great queen street, covent garden, london, wc2b 5ah, WC2B 5DG

Bank

-

Legal Advisor

-

doubletide 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 1 charges/mortgages relating to doubletide limited. Currently there are 0 open charges and 1 have been satisfied in the past.

doubletide 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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doubletide limited Companies House Filings - See Documents

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