dorrington southside limited

dorrington southside limited Company Information

Share DORRINGTON SOUTHSIDE LIMITED
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Company Number

03803891

Industry

Buying and selling of own real estate

 

Shareholders

dorrington properties plc

Group Structure

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Contact

Registered Address

14 hans road, london, SW3 1RT

dorrington southside limited Estimated Valuation

£13.6m

Pomanda estimates the enterprise value of DORRINGTON SOUTHSIDE LIMITED at £13.6m based on a Turnover of £3.6m and 3.73x industry multiple (adjusted for size and gross margin).

dorrington southside limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DORRINGTON SOUTHSIDE LIMITED at £0 based on an EBITDA of £-3.9m and a 7.7x industry multiple (adjusted for size and gross margin).

dorrington southside limited Estimated Valuation

£81.6m

Pomanda estimates the enterprise value of DORRINGTON SOUTHSIDE LIMITED at £81.6m based on Net Assets of £52.7m and 1.55x industry multiple (adjusted for liquidity).

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Dorrington Southside Limited Overview

Dorrington Southside Limited is a live company located in london, SW3 1RT with a Companies House number of 03803891. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in July 1999, it's largest shareholder is dorrington properties plc with a 100% stake. Dorrington Southside Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.6m with healthy growth in recent years.

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Dorrington Southside Limited Health Check

Pomanda's financial health check has awarded Dorrington Southside Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

2 Weak

size

Size

annual sales of £3.6m, make it larger than the average company (£950k)

£3.6m - Dorrington Southside Limited

£950k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (2.8%)

6% - Dorrington Southside Limited

2.8% - Industry AVG

production

Production

with a gross margin of 92.5%, this company has a lower cost of product (70.3%)

92.5% - Dorrington Southside Limited

70.3% - Industry AVG

profitability

Profitability

an operating margin of -108.4% make it less profitable than the average company (23.9%)

-108.4% - Dorrington Southside Limited

23.9% - Industry AVG

employees

Employees

with 20 employees, this is above the industry average (4)

20 - Dorrington Southside Limited

4 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Dorrington Southside Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £181.7k, this is equally as efficient (£189k)

£181.7k - Dorrington Southside Limited

£189k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 41 days, this is later than average (24 days)

41 days - Dorrington Southside Limited

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 465 days, this is slower than average (33 days)

465 days - Dorrington Southside Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Dorrington Southside Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Dorrington Southside Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.4%, this is a lower level of debt than the average (63.5%)

14.4% - Dorrington Southside Limited

63.5% - Industry AVG

DORRINGTON SOUTHSIDE LIMITED financials

EXPORTms excel logo

Dorrington Southside Limited's latest turnover from December 2023 is £3.6 million and the company has net assets of £52.7 million. According to their latest financial statements, we estimate that Dorrington Southside Limited has 20 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover3,634,8752,697,1812,766,4333,087,8303,190,4481,913,9332,248,5372,447,5672,545,7941,831,67889,1650109,5830496,020
Other Income Or Grants000000000000000
Cost Of Sales273,139443,878476,548498,862649,862633,006168,39570,80971,331118,5985,0938,8865,8213,75158,491
Gross Profit3,361,7362,253,3032,289,8852,588,9682,540,5861,280,9272,080,1422,376,7582,474,4631,713,08084,072-8,886103,762-3,751437,529
Admin Expenses7,301,9832,636,113-1,349,5702,087,945-3,181,148-3,990,683-24,533,582501,742-13,373,390-14,694,95112,4466,5006,7922,5266,375
Operating Profit-3,940,247-382,8103,639,455501,0235,721,7345,271,61026,613,7241,875,01615,847,85316,408,03171,626-15,38696,970-6,277431,154
Interest Payable000000478,838514,167549,444680,302464,022268,614162,797058,326
Interest Receivable278,710414,082255,879282,709356,555132,4101691662011202180,934284
Pre-Tax Profit-3,661,53731,2723,895,334783,7326,078,2895,404,02026,134,9021,360,94015,298,47515,727,930-392,384-284,000-65,80674,6572,319,763
Tax925,212134,198-3,251,145-152,095-1,928,287-984,514-4,739,92385,843-2,025,358-2,998,595112,99699,02618,182-10,211-270,870
Profit After Tax-2,736,325165,470644,189631,6374,150,0024,419,50621,394,9791,446,78313,273,11712,729,335-279,388-184,974-47,62464,4462,048,893
Dividends Paid2,500,0002,500,0002,500,0002,500,0002,500,0002,500,0001,200,0001,250,0001,250,00000002,500,0005,000,000
Retained Profit-5,236,325-2,334,530-1,855,811-1,868,3631,650,0021,919,50620,194,979196,78312,023,11712,729,335-279,388-184,974-47,624-2,435,554-2,951,107
Employee Costs00000349,773428,143447,5350000000
Number Of Employees20151416149121212816655
EBITDA*-3,923,103-366,0463,656,219517,7895,737,3515,272,57326,613,7241,875,01615,847,85316,408,03171,626-15,38696,970-6,277431,154

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets6,51919,08133,71558,050,47960,066,93456,534,68293,800,00000000000
Intangible Assets000000000000000
Investments & Other50,300,00057,500,00059,750,000000069,500,00070,000,00056,800,00042,250,00015,500,0008,250,00000
Debtors (Due After 1 year)10,721,14510,922,66510,904,28311,770,12012,682,98812,221,510911,2931,292,5081,557,5731,420,005131,2570002,992,964
Total Fixed Assets61,027,66468,441,74670,687,99869,820,59972,749,92268,756,19294,711,29370,792,50871,557,57358,220,00542,381,25715,500,0008,250,00002,992,964
Stock & work in progress000000000000000
Trade Debtors409,553537,690902,190799,160227,832601,198281,251184,912156,513138,956243,43000167,215183,784
Group Debtors000000000000000
Misc Debtors149,296373,395346,794273,163302,000258,154254,949270,787261,195462,2920355,15345,8191,335,40536,683
Cash000000000000000
misc current assets000000000000000
total current assets558,849911,0851,248,9841,072,323529,832859,352536,200455,699417,708601,248243,430355,15345,8191,502,620220,467
total assets61,586,51369,352,83171,936,98270,892,92273,279,75469,615,54495,247,49371,248,20771,975,28158,821,25342,624,68715,855,1538,295,8191,502,6203,213,431
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 348,650144,130166,253191,610117,041123,804159,180144,219124,4460000255,100281,230
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities425,4561,397,6241,027,935907,8101,162,512575,353765,139748,728833,8711,108,1271,175,969916,864439,0001,5001,500
total current liabilities774,1061,541,7541,194,1881,099,4201,279,553699,157924,319892,947958,3171,108,1271,175,969916,864439,000256,600282,730
loans00000021,282,25521,993,74822,466,61922,927,07022,454,25811,713,3067,044,415750,8730
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions8,089,8259,852,17010,449,3577,644,2547,982,5906,548,77812,592,8168,108,3888,494,0046,752,832109,95220,32412,51600
total long term liabilities8,089,8259,852,17010,449,3577,644,2547,982,5906,548,77833,875,07130,102,13630,960,62329,679,90222,564,21011,733,6307,056,931750,8730
total liabilities8,863,93111,393,92411,643,5458,743,6749,262,1437,247,93534,799,39030,995,08331,918,94030,788,02923,740,17912,650,4947,495,9311,007,473282,730
net assets52,722,58257,958,90760,293,43762,149,24864,017,61162,367,60960,448,10340,253,12440,056,34128,033,22418,884,5083,204,659799,888495,1472,930,701
total shareholders funds52,722,58257,958,90760,293,43762,149,24864,017,61162,367,60960,448,10340,253,12440,056,34128,033,22418,884,5083,204,659799,888495,1472,930,701
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-3,940,247-382,8103,639,455501,0235,721,7345,271,61026,613,7241,875,01615,847,85316,408,03171,626-15,38696,970-6,277431,154
Depreciation17,14416,76416,76416,76615,617963000000000
Amortisation000000000000000
Tax925,212134,198-3,251,145-152,095-1,928,287-984,514-4,739,92385,843-2,025,358-2,998,595112,99699,02618,182-10,211-270,870
Stock000000000000000
Debtors-553,756-319,517-689,176-370,377131,95811,633,369-300,714-227,074-45,9721,646,56619,534309,334-1,456,801-1,710,8113,213,431
Creditors204,520-22,123-25,35774,569-6,763-35,37614,96119,773124,446000-255,100-26,130281,230
Accruals and Deferred Income-972,168369,689120,125-254,702587,159-189,78616,411-85,143-274,256-67,842259,105477,864437,50001,500
Deferred Taxes & Provisions-1,762,345-597,1872,805,103-338,3361,433,812-6,044,0384,484,428-385,6161,741,1726,642,88089,6287,80812,51600
Cash flow from operations-4,974,128-161,9523,994,121217,6025,691,314-13,614,51026,690,3151,736,94715,459,82918,337,908513,821259,9781,766,8691,668,193-2,770,417
Investing Activities
capital expenditure-4,582-2,13058,000,0001,999,689-3,547,86937,264,355-93,800,00000000000
Change in Investments-7,200,000-2,250,00059,750,000000-69,500,000-500,00013,200,00014,550,00026,750,0007,250,0008,250,00000
cash flow from investments7,195,4182,247,870-1,750,0001,999,689-3,547,86937,264,355-24,300,000500,000-13,200,000-14,550,000-26,750,000-7,250,000-8,250,00000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans00000-21,282,255-711,493-472,871-460,451472,81210,740,9524,668,8916,293,542750,8730
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000-3,580,61915,959,2372,589,745352,36505,881,808
interest278,710414,082255,879282,709356,555132,410-478,822-514,076-549,378-680,101-464,010-268,614-162,77680,934-58,042
cash flow from financing278,710414,082255,879282,709356,555-21,149,845-1,190,315-986,947-1,009,829-3,787,90826,236,1796,990,0226,483,131831,8075,823,766
cash and cash equivalents
cash000000000000000
overdraft000000000000000
change in cash000000000000000

dorrington southside 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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Dorrington Southside Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for dorrington southside limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SW3 area or any other competitors across 12 key performance metrics.

dorrington southside limited Ownership

DORRINGTON SOUTHSIDE LIMITED group structure

Dorrington Southside Limited has no subsidiary companies.

Ultimate parent company

QUADRIGA INTERNATIONAL LTD

#0003516

2 parents

DORRINGTON SOUTHSIDE LIMITED

03803891

DORRINGTON SOUTHSIDE LIMITED Shareholders

dorrington properties plc 100%

dorrington southside limited directors

Dorrington Southside Limited currently has 5 directors. The longest serving directors include Mr Robert Harris (Jul 1999) and Mr Bruce Thompson (Apr 2004).

officercountryagestartendrole
Mr Robert HarrisEngland62 years Jul 1999- Director
Mr Bruce ThompsonEngland60 years Apr 2004- Director
Mr Andrew GiblinEngland46 years Apr 2011- Director
Mr Michael JenkinsUnited Kingdom52 years Feb 2021- Director
Dr Sean GorvyEngland62 years Mar 2022- Director

P&L

December 2023

turnover

3.6m

+35%

operating profit

-3.9m

+929%

gross margin

92.5%

+10.7%

turnover

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

Balance Sheet

December 2023

net assets

52.7m

-0.09%

total assets

61.6m

-0.11%

cash

0

0%

net assets

Total assets minus all liabilities

dorrington southside limited company details

company number

03803891

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

July 1999

age

26

incorporated

UK

ultimate parent company

QUADRIGA INTERNATIONAL LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

selext investments limited (May 2000)

accountant

-

auditor

DELOITTE LLP

address

14 hans road, london, SW3 1RT

Bank

-

Legal Advisor

-

dorrington southside 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 6 charges/mortgages relating to dorrington southside limited. Currently there are 5 open charges and 1 have been satisfied in the past.

dorrington southside 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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dorrington southside limited Companies House Filings - See Documents

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