the drain company (hull) limitedEstimated Valuation
£2.9m
Pomanda estimates the enterprise value of THE DRAIN COMPANY (HULL) LIMITED at £2.9m based on a Turnover of £5m and 0.57x industry multiple (adjusted for size and gross margin).
the drain company (hull) limitedEstimated Valuation
£1.7m
Pomanda estimates the enterprise value of THE DRAIN COMPANY (HULL) LIMITED at £1.7m based on an EBITDA of £406.4k and a 4.13x industry multiple (adjusted for size and gross margin).
the drain company (hull) limitedEstimated Valuation
£3.5m
Pomanda estimates the enterprise value of THE DRAIN COMPANY (HULL) LIMITED at £3.5m based on Net Assets of £1.5m and 2.36x industry multiple (adjusted for liquidity).
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The Drain Company (hull) LimitedOverview
The Drain Company (hull) Limited is a live company located in hull, HU11 4AA with a Companies House number of 04748631. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in April 2003, it's largest shareholder is
gary mcdonald
with a 100% stake. The Drain Company (hull) Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5m with
high
growth in recent years.
Pomanda's financial health check has awarded The Drain Company (Hull) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £5m, make it smaller than the average company (£12.3m)
£5m - The Drain Company (hull) Limited
£12.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (10.7%)
15% - The Drain Company (hull) Limited
10.7% - Industry AVG
Production
with a gross margin of 28.8%, this company has a comparable cost of product (28.8%)
28.8% - The Drain Company (hull) Limited
28.8% - Industry AVG
Profitability
an operating margin of 5.2% make it as profitable than the average company (5.5%)
5.2% - The Drain Company (hull) Limited
5.5% - Industry AVG
Employees
with 45 employees, this is below the industry average (58)
45 - The Drain Company (hull) Limited
58 - Industry AVG
Pay Structure
on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)
£48.4k - The Drain Company (hull) Limited
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £111.9k, this is less efficient (£189.5k)
£111.9k - The Drain Company (hull) Limited
£189.5k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (53 days)
39 days - The Drain Company (hull) Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (37 days)
31 days - The Drain Company (hull) Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Drain Company (hull) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 26 weeks, this is more cash available to meet short term requirements (13 weeks)
26 weeks - The Drain Company (hull) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.6%, this is a lower level of debt than the average (55.6%)
27.6% - The Drain Company (hull) Limited
55.6% - Industry AVG
THE DRAIN COMPANY (HULL) LIMITED financials
EXPORT
The Drain Company (Hull) Limited's latest turnover from April 2024 is estimated at £5 million and the company has net assets of £1.5 million. According to their latest financial statements, The Drain Company (Hull) Limited has 45 employees and maintains cash reserves of £268.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
5,036,492
4,737,564
3,989,584
3,291,733
4,324,802
1,465,646
1,359,425
1,021,194
472,347
1,126,432
373,003
390,627
505,532
490,999
360,761
Other Income Or Grants
Cost Of Sales
3,588,168
3,405,575
2,873,324
2,395,684
3,115,930
1,055,976
964,793
713,798
332,116
800,851
265,486
278,778
289,579
342,473
295,646
Gross Profit
1,448,324
1,331,989
1,116,259
896,049
1,208,872
409,670
394,633
307,396
140,231
325,581
107,517
111,849
215,953
148,526
65,115
Admin Expenses
1,185,851
1,538,594
995,661
815,931
918,167
165,095
237,888
-11,502
-88,386
181,275
147,933
76,539
156,946
141,465
107,286
Operating Profit
262,473
-206,605
120,598
80,118
290,705
244,575
156,745
318,898
228,617
144,306
-40,416
35,310
59,007
7,061
-42,171
Interest Payable
3,548
4,229
3,242
4,497
6,357
3,747
716
759
1,099
Interest Receivable
10,817
8,456
1,636
202
212
1,333
1,163
515
495
365
478
734
Pre-Tax Profit
269,743
-202,379
118,991
75,823
284,559
242,162
157,909
319,412
229,113
144,670
-39,938
36,044
59,007
7,061
-42,171
Tax
-67,436
-22,608
-14,406
-54,066
-46,011
-30,003
-60,688
-45,822
-28,934
-8,290
-11,207
Profit After Tax
202,307
-202,379
96,383
61,417
230,493
196,151
127,906
258,724
183,290
115,736
-39,938
27,754
47,800
7,061
-42,171
Dividends Paid
35,000
10,000
20,000
Retained Profit
202,307
-202,379
96,383
61,417
230,493
196,151
127,906
258,724
183,290
115,736
-39,938
27,754
12,800
-2,939
-62,171
Employee Costs
2,178,730
1,656,095
1,593,569
1,511,296
1,825,248
405,244
352,839
266,159
153,018
264,920
111,989
110,075
75,546
69,261
80,680
Number Of Employees
45
36
36
36
44
10
9
7
4
7
3
3
4
4
3
EBITDA*
406,370
30,299
351,274
323,324
459,074
385,434
258,704
415,177
301,051
162,462
-18,032
57,784
77,849
23,951
-30,671
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
1,115,815
1,425,728
1,217,702
1,263,482
968,471
858,433
702,836
384,881
289,734
72,625
89,536
84,389
75,367
67,561
45,999
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,115,815
1,425,728
1,217,702
1,263,482
968,471
858,433
702,836
384,881
289,734
72,625
89,536
84,389
75,367
67,561
45,999
Stock & work in progress
11,911
54,768
Trade Debtors
551,797
550,311
489,665
408,486
637,327
353,450
287,407
200,709
96,157
241,353
90,446
86,542
31,652
47,298
Group Debtors
Misc Debtors
117,192
45,336
69,686
50,119
40,266
37,170
37,170
61,979
108,671
20,039
19,271
Cash
268,343
143,748
254,161
182,074
221,800
201,598
153,845
311,505
100,223
97,831
47,967
143,151
150,508
120,867
143,317
misc current assets
total current assets
937,332
739,395
813,512
640,679
899,393
592,218
478,422
574,193
305,051
339,184
138,413
241,604
205,276
172,558
209,886
total assets
2,053,147
2,165,123
2,031,214
1,904,161
1,867,864
1,450,651
1,181,258
959,074
594,785
411,809
227,949
325,993
280,643
240,119
255,885
Bank overdraft
Bank loan
Trade Creditors
313,631
633,841
380,897
205,726
134,458
69,357
113,164
101,719
43,343
80,131
12,007
70,113
35,860
24,793
34,315
Group/Directors Accounts
other short term finances
hp & lease commitments
5,831
21,847
21,847
21,847
28,446
28,593
129,468
other current liabilities
214,786
151,524
71,934
200,198
244,884
92,635
37,028
83,663
36,474
16,657
3,305
total current liabilities
534,248
807,212
474,678
427,771
407,788
190,585
279,660
185,382
79,817
80,131
12,007
70,113
52,517
24,793
37,620
loans
26,612
36,458
46,064
50,000
97,427
111,010
hp & lease commitments
6,317
7,790
24,430
36,731
34,407
51,307
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
32,929
44,248
70,494
86,731
131,834
162,317
total liabilities
567,177
851,460
545,172
514,502
539,622
352,902
279,660
185,382
79,817
80,131
12,007
70,113
52,517
24,793
37,620
net assets
1,485,970
1,313,663
1,486,042
1,389,659
1,328,242
1,097,749
901,598
773,692
514,968
331,678
215,942
255,880
228,126
215,326
218,265
total shareholders funds
1,485,970
1,313,663
1,486,042
1,389,659
1,328,242
1,097,749
901,598
773,692
514,968
331,678
215,942
255,880
228,126
215,326
218,265
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
262,473
-206,605
120,598
80,118
290,705
244,575
156,745
318,898
228,617
144,306
-40,416
35,310
59,007
7,061
-42,171
Depreciation
143,897
236,904
230,676
243,206
168,369
140,859
101,959
96,279
72,434
18,156
22,384
22,474
18,842
16,890
11,500
Amortisation
Tax
-67,436
-22,608
-14,406
-54,066
-46,011
-30,003
-60,688
-45,822
-28,934
-8,290
-11,207
Stock
-11,911
-42,857
54,768
Debtors
73,342
36,296
100,746
-218,988
286,973
66,043
61,889
57,860
-36,525
150,907
3,904
86,542
-51,691
-14,878
66,569
Creditors
-320,210
252,944
175,171
71,268
65,101
-43,807
11,445
58,376
-36,788
68,124
-58,106
34,253
11,067
-9,522
34,315
Accruals and Deferred Income
63,262
79,590
-128,264
-44,686
152,249
55,607
-46,635
47,189
36,474
-16,657
16,657
-3,305
3,305
Deferred Taxes & Provisions
Cash flow from operations
8,644
326,537
274,827
554,488
335,385
285,180
131,622
402,194
291,440
50,745
-68,131
23,405
91,289
26,002
-59,620
Investing Activities
capital expenditure
166,016
-444,930
-184,896
-538,217
-278,407
-296,456
-419,914
-191,426
-289,543
-1,245
-27,531
-31,496
-26,648
-38,452
-57,499
Change in Investments
cash flow from investments
166,016
-444,930
-184,896
-538,217
-278,407
-296,456
-419,914
-191,426
-289,543
-1,245
-27,531
-31,496
-26,648
-38,452
-57,499
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-9,846
-9,606
-3,936
-47,427
-13,583
111,010
Hire Purchase and Lease Commitments
-17,489
-16,640
-12,301
-4,275
-17,047
-49,568
129,468
other long term liabilities
share issue
-30,000
30,000
280,436
interest
7,269
4,227
-1,606
-4,295
-6,145
-2,414
1,163
515
495
365
478
734
-716
-759
-1,099
cash flow from financing
-50,066
7,981
-17,843
-55,997
-36,775
59,028
130,631
515
495
365
478
734
-716
-759
279,337
cash and cash equivalents
cash
124,595
-110,413
72,087
-39,726
20,202
47,753
-157,660
211,282
2,392
49,864
-95,184
-7,357
29,641
-22,450
143,317
overdraft
change in cash
124,595
-110,413
72,087
-39,726
20,202
47,753
-157,660
211,282
2,392
49,864
-95,184
-7,357
29,641
-22,450
143,317
the drain company (hull) limited 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 the drain company (hull) limited. Get real-time insights into the drain company (hull) limited's credit score, group structure and payment trends.
The Drain Company (hull) Limited Competitor Analysis
Perform a competitor analysis for the drain company (hull) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in HU11 area or any other competitors across 12 key performance metrics.
the drain company (hull) limited Ownership
THE DRAIN COMPANY (HULL) LIMITED group structure
The Drain Company (Hull) Limited has no subsidiary companies.
Ultimate parent company
THE DRAIN COMPANY (HULL) LIMITED
04748631
THE DRAIN COMPANY (HULL) LIMITED Shareholders
The sole shareholder of The Drain Company (Hull) Limited is Gary Mcdonald.
gary mcdonald
100%
the drain company (hull) limited directors
The Drain Company (Hull) Limited currently has 4 directors.
The longest serving directors include
Mr Gary McDonald (Apr 2003) and
Miss Rachael McDonald (Nov 2021).
33200 - Installation of industrial machinery and equipment
38110 - Collection of non-hazardous waste
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
April 2003
age
22
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
177 main road, bilton, hull, HU11 4AA
Bank
-
Legal Advisor
-
the drain company (hull) 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 2 charges/mortgages relating to the drain company (hull) limited. Currently there are 1 open charges and 1 have been satisfied in the past.
the drain company (hull) 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 THE DRAIN COMPANY (HULL) LIMITED. This can take several minutes, an email will notify you when this has completed.
the drain company (hull) limitedCompanies House Filings - See Documents
