defence training services limited

defence training services limited Company Information

Share DEFENCE TRAINING SERVICES LIMITED
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Company Number

03838084

Industry

Management of real estate on a fee or contract basis

 

Directors

Michael Donn

Alan Ritchie

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Shareholders

pfi investments ltd

bos infrastructure (no 3) ltd

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Group Structure

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Contact

Registered Address

third floor broad quay house, prince street, bristol, BS1 4DJ

defence training services limited Estimated Valuation

£35.2m

Pomanda estimates the enterprise value of DEFENCE TRAINING SERVICES LIMITED at £35.2m based on a Turnover of £17.5m and 2.01x industry multiple (adjusted for size and gross margin).

defence training services limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of DEFENCE TRAINING SERVICES LIMITED at £3.2m based on an EBITDA of £584k and a 5.55x industry multiple (adjusted for size and gross margin).

defence training services limited Estimated Valuation

£18.4m

Pomanda estimates the enterprise value of DEFENCE TRAINING SERVICES LIMITED at £18.4m based on Net Assets of £10.3m and 1.78x industry multiple (adjusted for liquidity).

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Defence Training Services Limited Overview

Defence Training Services Limited is a live company located in bristol, BS1 4DJ with a Companies House number of 03838084. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in September 1999, it's largest shareholder is pfi investments ltd with a 91.6% stake. Defence Training Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £17.5m with healthy growth in recent years.

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Defence Training Services Limited Health Check

Pomanda's financial health check has awarded Defence Training Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £17.5m, make it larger than the average company (£386.4k)

£17.5m - Defence Training Services Limited

£386.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.9%)

6% - Defence Training Services Limited

5.9% - Industry AVG

production

Production

with a gross margin of 5.6%, this company has a higher cost of product (58.3%)

5.6% - Defence Training Services Limited

58.3% - Industry AVG

profitability

Profitability

an operating margin of 3.3% make it less profitable than the average company (8%)

3.3% - Defence Training Services Limited

8% - Industry AVG

employees

Employees

with 170 employees, this is above the industry average (6)

170 - Defence Training Services Limited

6 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Defence Training Services Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £102.9k, this is equally as efficient (£103.3k)

£102.9k - Defence Training Services Limited

£103.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Defence Training Services Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (29 days)

22 days - Defence Training Services Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Defence Training Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (47 weeks)

0 weeks - Defence Training Services Limited

47 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 80.9%, this is a higher level of debt than the average (59.7%)

80.9% - Defence Training Services Limited

59.7% - Industry AVG

DEFENCE TRAINING SERVICES LIMITED financials

EXPORTms excel logo

Defence Training Services Limited's latest turnover from March 2024 is £17.5 million and the company has net assets of £10.3 million. According to their latest financial statements, we estimate that Defence Training Services Limited has 170 employees and maintains cash reserves of £98 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover17,493,00016,946,00016,539,00014,847,00015,155,00014,463,00013,451,00013,574,00013,439,00013,886,00015,419,00015,374,00013,777,00013,934,00013,883,000
Other Income Or Grants000000000000000
Cost Of Sales16,520,00015,851,00015,489,00013,885,00014,119,00013,477,00012,405,00012,427,00012,258,00013,026,00014,244,00014,326,00012,627,00011,893,00012,994,000
Gross Profit973,0001,095,0001,050,000962,0001,036,000986,0001,046,0001,147,0001,181,000860,0001,175,0001,048,0001,150,0002,041,000889,000
Admin Expenses389,000350,000430,000310,000301,000296,000278,000276,000279,000275,000266,000249,000236,000225,000203,000
Operating Profit584,000745,000620,000652,000735,000690,000768,000871,000902,000585,000909,000799,000914,0001,816,000686,000
Interest Payable2,508,0002,815,0003,134,0003,494,0003,707,0003,949,0004,236,0004,535,0004,789,0004,945,0004,995,0005,205,0005,280,0005,706,0005,801,000
Interest Receivable4,039,0004,114,0004,368,0004,701,0005,029,0005,284,0005,449,0005,642,0005,830,0005,946,0006,067,0006,240,0006,212,0006,211,0006,247,000
Pre-Tax Profit2,440,0001,201,0002,152,0002,339,0001,973,0002,316,0001,024,0001,893,0001,986,0001,776,0001,981,0001,834,0001,846,0002,321,0001,132,000
Tax-1,396,000-586,000-2,332,000-859,000-1,298,000-1,480,000-418,000262,000-131,000-549,000-19,000-381,000-282,000-470,000-406,000
Profit After Tax1,044,000615,000-180,0001,480,000675,000836,000606,0002,155,0001,855,0001,227,0001,962,0001,453,0001,564,0001,851,000726,000
Dividends Paid001,427,00000344,000967,0001,074,000490,000405,000858,000003,830,0000
Retained Profit1,044,000615,000-1,607,0001,480,000675,000492,000-361,0001,081,0001,365,000822,0001,104,0001,453,0001,564,000-1,979,000726,000
Employee Costs000000000000000
Number Of Employees17019120518844444444465
EBITDA*584,000745,000620,000652,000735,000690,000768,000871,000902,000585,000909,000799,000914,0001,816,000686,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)36,525,00043,165,00049,083,00054,337,00058,984,00063,074,00066,653,00069,766,00072,451,00074,747,00076,686,00078,289,00079,568,00080,556,00080,541,000
Total Fixed Assets36,525,00043,165,00049,083,00054,337,00058,984,00063,074,00066,653,00069,766,00072,451,00074,747,00076,686,00078,289,00079,568,00080,556,00080,541,000
Stock & work in progress000000000000000
Trade Debtors0107,00024,00035,00065,000106,0003,00011,0007,0009,0008,000001,00032,000
Group Debtors000000000000000
Misc Debtors9,434,0008,546,0007,670,0006,926,0006,298,0005,710,0005,173,0004,671,0004,148,0003,731,0003,492,0003,170,0002,980,0002,792,0003,041,000
Cash98,0002,022,0006,472,0007,332,0006,661,0006,376,0005,759,0006,208,0006,020,0007,219,0007,596,0008,830,0007,785,0006,478,0008,452,000
misc current assets8,143,0005,300,0000000000000000
total current assets17,675,00015,975,00014,166,00014,293,00013,024,00012,192,00010,935,00010,890,00010,175,00010,959,00011,096,00012,000,00010,765,0009,271,00011,525,000
total assets54,200,00059,140,00063,249,00068,630,00072,008,00075,266,00077,588,00080,656,00082,626,00085,706,00087,782,00090,289,00090,333,00089,827,00092,066,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,029,0001,181,0001,110,0001,265,000832,00011,00010,0001,687,000857,000682,0001,839,0002,528,0001,971,0001,075,0002,924,000
Group/Directors Accounts1,139,000616,000244,000255,000140,000009,000617,000428,000000700,0002,190,000
other short term finances6,271,0005,745,0005,269,0004,816,0004,395,0004,005,0003,642,0003,306,0002,995,0002,705,0002,437,0002,188,0001,972,0001,801,0001,602,000
hp & lease commitments000000000000000
other current liabilities977,0001,327,0001,741,0001,978,0002,623,0003,723,0002,399,0001,672,0003,031,0004,297,0002,346,0002,217,0001,883,0001,892,0001,905,000
total current liabilities9,416,0008,869,0008,364,0008,314,0007,990,0007,739,0006,051,0006,674,0007,500,0008,112,0006,622,0006,933,0005,826,0005,468,0008,621,000
loans26,467,00033,670,00032,162,00040,022,00044,951,00050,837,00054,885,00059,094,00060,127,00065,102,00066,451,00068,888,00071,077,00072,361,00070,404,000
hp & lease commitments000000000000000
Accruals and Deferred Income4,630,0004,249,0004,048,0003,662,0003,538,0003,971,0004,384,0004,287,0003,138,0003,631,0005,340,0006,222,0007,018,0007,432,0006,966,000
other liabilities006,313,000000000000000
provisions3,353,0003,693,0004,411,0004,365,0004,589,0003,943,0003,899,0003,207,0003,787,0003,284,0003,773,0003,754,0003,373,0003,091,0002,621,000
total long term liabilities34,450,00041,612,00046,934,00048,049,00053,078,00058,751,00063,168,00066,588,00067,052,00072,017,00075,564,00078,864,00081,468,00082,884,00079,991,000
total liabilities43,866,00050,481,00055,298,00056,363,00061,068,00066,490,00069,219,00073,262,00074,552,00080,129,00082,186,00085,797,00087,294,00088,352,00088,612,000
net assets10,334,0008,659,0007,951,00012,267,00010,940,0008,776,0008,369,0007,394,0008,074,0005,577,0005,596,0004,492,0003,039,0001,475,0003,454,000
total shareholders funds10,334,0008,659,0007,951,00012,267,00010,940,0008,776,0008,369,0007,394,0008,074,0005,577,0005,596,0004,492,0003,039,0001,475,0003,454,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit584,000745,000620,000652,000735,000690,000768,000871,000902,000585,000909,000799,000914,0001,816,000686,000
Depreciation000000000000000
Amortisation000000000000000
Tax-1,396,000-586,000-2,332,000-859,000-1,298,000-1,480,000-418,000262,000-131,000-549,000-19,000-381,000-282,000-470,000-406,000
Stock000000000000000
Debtors-5,859,000-4,959,000-4,521,000-4,049,000-3,543,000-2,939,000-2,619,000-2,158,000-1,881,000-1,699,000-1,273,000-1,089,000-801,000-265,00083,614,000
Creditors-152,00071,000-155,000433,000821,0001,000-1,677,000830,000175,000-1,157,000-689,000557,000896,000-1,849,0002,924,000
Accruals and Deferred Income31,000-213,000149,000-521,000-1,533,000911,000824,000-210,000-1,759,000242,000-753,000-462,000-423,000453,0008,871,000
Deferred Taxes & Provisions-340,000-718,00046,000-224,000646,00044,000692,000-580,000503,000-489,00019,000381,000282,000470,0002,621,000
Cash flow from operations4,586,0004,258,0002,849,0003,530,0002,914,0003,105,0002,808,0003,331,0001,571,000331,000740,0001,983,0002,188,000685,000-68,918,000
Investing Activities
capital expenditure000000000000000
Change in Investments000000000000000
cash flow from investments000000000000000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts523,000372,000-11,000115,000140,0000-9,000-608,000189,000428,00000-700,000-1,490,0002,190,000
Other Short Term Loans 526,000476,000453,000421,000390,000363,000336,000311,000290,000268,000249,000216,000171,000199,0001,602,000
Long term loans-7,203,0001,508,000-7,860,000-4,929,000-5,886,000-4,048,000-4,209,000-1,033,000-4,975,000-1,349,000-2,437,000-2,189,000-1,284,0001,957,00070,404,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0-6,313,0006,313,000000000000000
share issue631,00093,000-2,709,000-153,0001,489,000-85,0001,336,000-1,761,0001,132,000-841,00000002,728,000
interest1,531,0001,299,0001,234,0001,207,0001,322,0001,335,0001,213,0001,107,0001,041,0001,001,0001,072,0001,035,000932,000505,000446,000
cash flow from financing-3,992,000-2,565,000-2,580,000-3,339,000-2,545,000-2,435,000-1,333,000-1,984,000-2,323,000-493,000-1,116,000-938,000-881,0001,171,00077,370,000
cash and cash equivalents
cash-1,924,000-4,450,000-860,000671,000285,000617,000-449,000188,000-1,199,000-377,000-1,234,0001,045,0001,307,000-1,974,0008,452,000
overdraft000000000000000
change in cash-1,924,000-4,450,000-860,000671,000285,000617,000-449,000188,000-1,199,000-377,000-1,234,0001,045,0001,307,000-1,974,0008,452,000

defence training services 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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Defence Training Services Limited Competitor Analysis

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Perform a competitor analysis for defence training services limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in BS1 area or any other competitors across 12 key performance metrics.

defence training services limited Ownership

DEFENCE TRAINING SERVICES LIMITED group structure

Defence Training Services Limited has no subsidiary companies.

Ultimate parent company

SEMPERIAN PPP INVESTMENT PARTNERS HOLDIN

#0062968

2 parents

DEFENCE TRAINING SERVICES LIMITED

03838084

DEFENCE TRAINING SERVICES LIMITED Shareholders

pfi investments ltd 91.59%
bos infrastructure (no 3) ltd 8.41%
halifax ltd 0%

defence training services limited directors

Defence Training Services Limited currently has 4 directors. The longest serving directors include Mr Michael Donn (Aug 2013) and Mr Alan Ritchie (Apr 2017).

officercountryagestartendrole
Mr Michael DonnUnited Kingdom52 years Aug 2013- Director
Mr Alan RitchieEngland57 years Apr 2017- Director
Mr Richard LittleUnited Kingdom45 years May 2023- Director
Mr Gershon Cohen60 years Jan 2024- Director

P&L

March 2024

turnover

17.5m

+3%

operating profit

584k

-22%

gross margin

5.6%

-13.92%

turnover

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

Balance Sheet

March 2024

net assets

10.3m

+0.19%

total assets

54.2m

-0.08%

cash

98k

-0.95%

net assets

Total assets minus all liabilities

defence training services limited company details

company number

03838084

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

September 1999

age

26

incorporated

UK

ultimate parent company

SEMPERIAN PPP INVESTMENT PARTNERS HOLDIN

accounts

Full Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

third floor broad quay house, prince street, bristol, BS1 4DJ

Bank

-

Legal Advisor

-

defence training 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 7 charges/mortgages relating to defence training services limited. Currently there are 7 open charges and 0 have been satisfied in the past.

defence training 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.

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defence training services limited Companies House Filings - See Documents

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