unit 4, park ironworks, forge road, bordon, GU35 9LY
Website
-
drake property development ltdEstimated Valuation
£131.2k
Pomanda estimates the enterprise value of DRAKE PROPERTY DEVELOPMENT LTD at £131.2k based on a Turnover of £270.4k and 0.49x industry multiple (adjusted for size and gross margin).
drake property development ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of DRAKE PROPERTY DEVELOPMENT LTD at £0 based on an EBITDA of £-78.4k and a 3.84x industry multiple (adjusted for size and gross margin).
drake property development ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of DRAKE PROPERTY DEVELOPMENT LTD at £0 based on Net Assets of £-40.3k and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Drake Property Development LtdOverview
Drake Property Development Ltd is a live company located in bordon, GU35 9LY with a Companies House number of 04509240. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2002, it's largest shareholder is
mr christopher maurice drake
with a 100% stake. Drake Property Development Ltd is a mature,
micro sized company, Pomanda has estimated its turnover at
£270.4k with
high
growth in recent years.
Pomanda's financial health check has awarded Drake Property Development Ltd 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 Rating1.5out of 5
1 Strong
3 Regular
5 Weak
Size
annual sales of £270.4k, make it smaller than the average company (£2.2m)
£270.4k - Drake Property Development Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (3.3%)
23% - Drake Property Development Ltd
3.3% - Industry AVG
Production
with a gross margin of 26.8%, this company has a comparable cost of product (26.8%)
26.8% - Drake Property Development Ltd
26.8% - Industry AVG
Profitability
an operating margin of -29% make it less profitable than the average company (7.2%)
-29% - Drake Property Development Ltd
7.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Drake Property Development Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
£47.1k - Drake Property Development Ltd
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £270.4k, this is equally as efficient (£270.4k)
£270.4k - Drake Property Development Ltd
£270.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Drake Property Development Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Drake Property Development Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Drake Property Development Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Drake Property Development Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 132.9%, this is a higher level of debt than the average (73.4%)
132.9% - Drake Property Development Ltd
73.4% - Industry AVG
DRAKE PROPERTY DEVELOPMENT LTD financials
EXPORT
Drake Property Development Ltd's latest turnover from August 2023 is estimated at £270.4 thousand and the company has net assets of -£40.3 thousand. According to their latest financial statements, Drake Property Development Ltd has 1 employee and maintains cash reserves of £136 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
270,414
260,740
123,968
146,017
148,155
150,925
112,110
114,149
110,007
122,929
582,921
881,837
829,418
449,016
Other Income Or Grants
Cost Of Sales
197,851
194,477
94,425
108,617
106,942
107,381
77,826
80,533
78,280
88,134
412,574
640,858
609,317
326,032
Gross Profit
72,563
66,264
29,543
37,400
41,213
43,544
34,284
33,615
31,727
34,795
170,347
240,979
220,101
122,984
Admin Expenses
150,976
50,992
-102,182
26,808
39,113
47,578
30,314
35,011
24,795
47,393
168,851
250,018
220,586
121,283
19,463
Operating Profit
-78,413
15,272
131,725
10,592
2,100
-4,034
3,970
-1,396
6,932
-12,598
1,496
-9,039
-485
1,701
-19,463
Interest Payable
4,107
6,412
6,358
7,036
7,037
6,517
6,521
6,782
6,779
3,389
301
301
Interest Receivable
83
35
1
1
5
4
2
3
1
Pre-Tax Profit
-78,330
11,200
125,315
4,236
-4,931
-11,066
-2,546
-7,916
153
-19,373
-1,892
-9,340
-786
1,701
-19,463
Tax
-2,128
-23,810
-805
-30
-476
Profit After Tax
-78,330
9,072
101,505
3,431
-4,931
-11,066
-2,546
-7,916
122
-19,373
-1,892
-9,340
-786
1,225
-19,463
Dividends Paid
Retained Profit
-78,330
9,072
101,505
3,431
-4,931
-11,066
-2,546
-7,916
122
-19,373
-1,892
-9,340
-786
1,225
-19,463
Employee Costs
47,093
44,074
43,881
42,942
42,464
42,141
41,364
41,000
39,686
37,238
107,849
144,002
138,596
100,796
Number Of Employees
1
1
1
1
1
1
1
1
1
1
3
4
4
3
EBITDA*
-78,404
15,283
131,739
10,612
2,126
-4,000
4,016
-1,335
7,013
-12,489
1,590
-8,915
-319
1,922
-19,168
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
90,025
90,034
270,045
59
79
105
139
185
246
327
281
375
499
665
886
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
695
695
Total Fixed Assets
90,025
90,034
270,045
59
79
105
139
185
941
1,022
281
375
499
665
886
Stock & work in progress
150,597
150,597
150,597
150,597
150,597
150,597
150,597
150,597
150,597
150,597
121,228
40,000
Trade Debtors
13,888
13,890
13,891
13,890
13,890
13,890
13,197
14,583
36,098
36,293
38,918
234
234
Group Debtors
33,248
35,126
Misc Debtors
32,227
121,107
27,602
22,902
23,132
24,875
30,062
32,338
2,588
2
Cash
136
3,023
986
1,602
388
936
229
162
939
431
48
1
1
misc current assets
total current assets
32,363
124,130
42,476
188,991
188,008
190,298
194,778
196,987
199,630
201,247
187,126
186,938
189,515
121,463
40,235
total assets
122,388
214,164
312,521
189,050
188,087
190,403
194,917
197,172
200,571
202,269
187,407
187,313
190,014
122,128
41,121
Bank overdraft
105,996
104,249
104,249
104,287
88
9,266
Bank loan
104,222
104,222
Trade Creditors
1,120
2,326
2,326
2,253
1,249
442
423
4,130
113,375
215,676
199,771
140,043
11,665
Group/Directors Accounts
145,279
143,480
322
48,918
other short term finances
hp & lease commitments
other current liabilities
156,059
166,621
153,747
155,036
157,504
154,935
149,387
149,865
total current liabilities
156,059
166,621
260,863
261,584
264,052
261,437
254,885
254,594
145,790
147,610
113,375
215,676
209,037
140,365
60,583
loans
104,287
104,287
104,287
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
6,616
9,500
22,687
total long term liabilities
6,616
9,500
22,687
104,287
104,287
104,287
total liabilities
162,675
176,121
283,550
261,584
264,052
261,437
254,885
254,594
250,077
251,897
217,662
215,676
209,037
140,365
60,583
net assets
-40,287
38,043
28,971
-72,534
-75,965
-71,034
-59,968
-57,422
-49,506
-49,628
-30,255
-28,363
-19,023
-18,237
-19,462
total shareholders funds
-40,287
38,043
28,971
-72,534
-75,965
-71,034
-59,968
-57,422
-49,506
-49,628
-30,255
-28,363
-19,023
-18,237
-19,462
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
-78,413
15,272
131,725
10,592
2,100
-4,034
3,970
-1,396
6,932
-12,598
1,496
-9,039
-485
1,701
-19,463
Depreciation
9
11
14
20
26
34
46
61
81
109
94
124
166
221
295
Amortisation
Tax
-2,128
-23,810
-805
-30
-476
Stock
-150,597
29,369
81,228
40,000
Debtors
-88,880
79,617
4,698
-231
-1,742
-5,187
-2,276
-3,500
-678
14,308
-195
-2,625
38,684
234
Creditors
-1,120
-1,206
73
1,004
807
19
-3,707
-109,245
-102,301
15,905
59,728
128,378
11,665
Accruals and Deferred Income
-10,562
12,874
-1,289
-2,468
2,569
5,548
-478
149,865
Deferred Taxes & Provisions
-2,884
-13,187
22,687
Cash flow from operations
-2,970
-67,895
274,020
7,570
6,510
7,739
6,621
152,049
3,954
-136,042
-100,516
9,615
-8,644
48,596
-47,737
Investing Activities
capital expenditure
180,000
-270,000
-155
-1,181
Change in Investments
cash flow from investments
180,000
-270,000
-155
-1,181
Financing Activities
Bank loans
-104,222
104,222
Group/Directors Accounts
-145,279
1,799
143,480
-322
-48,596
48,918
Other Short Term Loans
Long term loans
-104,287
104,287
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
83
-4,072
-6,411
-6,357
-7,031
-7,033
-6,517
-6,521
-6,780
-6,776
-3,388
-301
-301
cash flow from financing
83
-4,072
-110,633
-6,357
97,191
-7,033
-6,517
-256,087
-4,981
136,704
100,899
-301
-623
-48,596
48,919
cash and cash equivalents
cash
-2,887
2,037
-616
1,214
-548
707
67
162
-939
508
383
48
-1
1
overdraft
-105,996
105,996
-104,249
-38
104,199
88
-9,266
9,266
change in cash
-2,887
108,033
-106,612
1,214
103,701
707
105
-104,037
-1,027
508
383
9,314
-9,267
1
drake property development ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for drake property development ltd. Get real-time insights into drake property development ltd's credit score, group structure and payment trends.
Drake Property Development Ltd Competitor Analysis
Perform a competitor analysis for drake property development ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in GU35 area or any other competitors across 12 key performance metrics.
drake property development ltd Ownership
DRAKE PROPERTY DEVELOPMENT LTD group structure
Drake Property Development Ltd has no subsidiary companies.
Ultimate parent company
DRAKE PROPERTY DEVELOPMENT LTD
04509240
DRAKE PROPERTY DEVELOPMENT LTD Shareholders
The sole shareholder of Drake Property Development Ltd is Mr Christopher Maurice Drake.
mr christopher maurice drake
100%
drake property development ltd directors
Drake Property Development Ltd currently has 2 directors.
The longest serving directors include
Mr Christopher Drake (Aug 2002) and
Miss Lauren Drake (Mar 2024).
unit 4, park ironworks, forge road, bordon, GU35 9LY
Bank
-
Legal Advisor
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drake property development ltd 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 4 charges/mortgages relating to drake property development ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
drake property development ltd 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 DRAKE PROPERTY DEVELOPMENT LTD. This can take several minutes, an email will notify you when this has completed.
drake property development ltdCompanies House Filings - See Documents
