debt release direct limited
debt release direct limited Company Information
Company Number
04730443
Next Accounts
Apr 2025
Directors
Shareholders
release money group (rmg) ltd
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
102 sunlight house quay street, manchester, M3 3JZ
Website
www.debtreleasedirect.co.ukdebt release direct limited Estimated Valuation
Pomanda estimates the enterprise value of DEBT RELEASE DIRECT LIMITED at £1.9m based on a Turnover of £2m and 0.99x industry multiple (adjusted for size and gross margin).
debt release direct limited Estimated Valuation
Pomanda estimates the enterprise value of DEBT RELEASE DIRECT LIMITED at £268.6k based on an EBITDA of £78.6k and a 3.42x industry multiple (adjusted for size and gross margin).
debt release direct limited Estimated Valuation
Pomanda estimates the enterprise value of DEBT RELEASE DIRECT LIMITED at £195.4k based on Net Assets of £149.7k and 1.31x industry multiple (adjusted for liquidity).
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Debt Release Direct Limited Overview
Debt Release Direct Limited is a dissolved company that was located in manchester, M3 3JZ with a Companies House number of 04730443. It operated in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2003, it's largest shareholder was release money group (rmg) ltd with a 100% stake. The last turnover for Debt Release Direct Limited was estimated at £2m.
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Debt Release Direct Limited Health Check
Pomanda's financial health check has awarded Debt Release Direct Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
8 Weak
Size
annual sales of £2m, make it smaller than the average company (£2.7m)
- Debt Release Direct Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (4.3%)
- Debt Release Direct Limited
4.3% - Industry AVG
Production
with a gross margin of 30.6%, this company has a higher cost of product (65.7%)
- Debt Release Direct Limited
65.7% - Industry AVG
Profitability
an operating margin of 3.5% make it less profitable than the average company (11.7%)
- Debt Release Direct Limited
11.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (16)
- Debt Release Direct Limited
16 - Industry AVG
Pay Structure
on an average salary of £58.3k, the company has an equivalent pay structure (£58.3k)
- Debt Release Direct Limited
£58.3k - Industry AVG
Efficiency
resulting in sales per employee of £393.3k, this is more efficient (£186k)
- Debt Release Direct Limited
£186k - Industry AVG
Debtor Days
it gets paid by customers after 135 days, this is later than average (38 days)
- Debt Release Direct Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 163 days, this is slower than average (52 days)
- Debt Release Direct Limited
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Debt Release Direct Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (37 weeks)
0 weeks - Debt Release Direct Limited
37 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.3%, this is a higher level of debt than the average (57%)
80.3% - Debt Release Direct Limited
57% - Industry AVG
DEBT RELEASE DIRECT LIMITED financials
Debt Release Direct Limited's latest turnover from March 2015 is estimated at £2 million and the company has net assets of £149.7 thousand. According to their latest financial statements, we estimate that Debt Release Direct Limited has 5 employees and maintains cash reserves of £2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Sep 2010 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Sep 2010 | |
|---|---|---|---|---|---|
| Tangible Assets | 29,551 | 39,401 | 52,535 | 70,046 | 213,743 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 29,551 | 39,401 | 52,535 | 70,046 | 213,743 |
| Stock & work in progress | |||||
| Trade Debtors | 727,958 | 769,926 | 633,497 | 819,754 | 221,188 |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | 1,999 | 1,540 | 531 | 310,386 | |
| misc current assets | |||||
| total current assets | 729,957 | 771,466 | 634,028 | 819,754 | 531,574 |
| total assets | 759,508 | 810,867 | 686,563 | 889,800 | 745,317 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 609,765 | 715,456 | 617,869 | 762,888 | 654,031 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 609,765 | 715,456 | 617,869 | 762,888 | 654,031 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 609,765 | 715,456 | 617,869 | 762,888 | 654,031 |
| net assets | 149,743 | 95,411 | 68,694 | 126,912 | 91,286 |
| total shareholders funds | 149,743 | 95,411 | 68,694 | 126,912 | 91,286 |
| Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Sep 2010 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 9,850 | 13,134 | 17,511 | 42,028 | 89,895 |
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | -41,968 | 136,429 | -186,257 | 819,754 | 221,188 |
| Creditors | -105,691 | 97,587 | -145,019 | 762,888 | 654,031 |
| Accruals and Deferred Income | |||||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| 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 | 459 | 1,009 | 531 | 310,386 | |
| overdraft | |||||
| change in cash | 459 | 1,009 | 531 | 310,386 |
debt release direct limited Credit Report and Business Information
Debt Release Direct Limited Competitor Analysis
Perform a competitor analysis for debt release direct limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in M 3 area or any other competitors across 12 key performance metrics.
debt release direct limited Ownership
DEBT RELEASE DIRECT LIMITED group structure
Debt Release Direct Limited has no subsidiary companies.
Ultimate parent company
1 parent
DEBT RELEASE DIRECT LIMITED
04730443
debt release direct limited directors
Debt Release Direct Limited currently has 1 director, Mr Darren Varden serving since Apr 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darren Varden | United Kingdom | 59 years | Apr 2003 | - | Director |
P&L
March 2015turnover
2m
-5%
operating profit
68.8k
0%
gross margin
30.6%
+5.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2015net assets
149.7k
+0.57%
total assets
759.5k
-0.06%
cash
2k
+0.3%
net assets
Total assets minus all liabilities
debt release direct limited company details
company number
04730443
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
March 2015
previous names
release financial management limited (September 2006)
accountant
-
auditor
-
address
102 sunlight house quay street, manchester, M3 3JZ
Bank
-
Legal Advisor
-
debt release direct 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 3 charges/mortgages relating to debt release direct limited. Currently there are 2 open charges and 1 have been satisfied in the past.
debt release direct 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 DEBT RELEASE DIRECT LIMITED. This can take several minutes, an email will notify you when this has completed.
debt release direct limited Companies House Filings - See Documents
| date | description | view/download |
|---|
