direct catering products limitedEstimated Valuation
£2.5m
Pomanda estimates the enterprise value of DIRECT CATERING PRODUCTS LIMITED at £2.5m based on a Turnover of £5.5m and 0.45x industry multiple (adjusted for size and gross margin).
direct catering products limitedEstimated Valuation
£4.3m
Pomanda estimates the enterprise value of DIRECT CATERING PRODUCTS LIMITED at £4.3m based on an EBITDA of £943k and a 4.54x industry multiple (adjusted for size and gross margin).
direct catering products limitedEstimated Valuation
£12.7m
Pomanda estimates the enterprise value of DIRECT CATERING PRODUCTS LIMITED at £12.7m based on Net Assets of £5.6m and 2.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Direct Catering Products LimitedOverview
Direct Catering Products Limited is a live company located in wells, BA5 1EY with a Companies House number of 05086006. It operates in the wholesale of other machinery and equipment sector, SIC Code 46690. Founded in March 2004, it's largest shareholder is
dcsw ltd
with a 100% stake. Direct Catering Products Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.5m with
high
growth in recent years.
Pomanda's financial health check has awarded Direct Catering Products Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
3 Weak
Size
annual sales of £5.5m, make it smaller than the average company (£15.5m)
£5.5m - Direct Catering Products Limited
£15.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (6.3%)
26% - Direct Catering Products Limited
6.3% - Industry AVG
Production
with a gross margin of 32.9%, this company has a comparable cost of product (28.3%)
32.9% - Direct Catering Products Limited
28.3% - Industry AVG
Profitability
an operating margin of 16.2% make it more profitable than the average company (5.2%)
16.2% - Direct Catering Products Limited
5.2% - Industry AVG
Employees
with 13 employees, this is below the industry average (39)
13 - Direct Catering Products Limited
39 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£49.5k)
£51.9k - Direct Catering Products Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £421.4k, this is more efficient (£363.4k)
£421.4k - Direct Catering Products Limited
£363.4k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is earlier than average (61 days)
42 days - Direct Catering Products Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 109 days, this is slower than average (37 days)
109 days - Direct Catering Products Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 115 days, this is more than average (73 days)
115 days - Direct Catering Products Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 23 weeks, this is more cash available to meet short term requirements (14 weeks)
23 weeks - Direct Catering Products Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.9%, this is a lower level of debt than the average (55.9%)
21.9% - Direct Catering Products Limited
55.9% - Industry AVG
DIRECT CATERING PRODUCTS LIMITED financials
EXPORT
Direct Catering Products Limited's latest turnover from October 2023 is £5.5 million and the company has net assets of £5.6 million. According to their latest financial statements, Direct Catering Products Limited has 13 employees and maintains cash reserves of £672 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Nov 2017
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
5,478,000
5,350,000
4,273,236
2,712,621
4,279,650
4,120,883
3,048,185
2,977,611
2,719,990
3,461,737
2,240,493
2,568,577
2,221,518
1,618,181
1,710,840
Other Income Or Grants
Cost Of Sales
3,674,000
3,455,000
2,778,308
1,731,467
2,791,688
2,697,267
2,075,632
2,391,183
2,161,591
2,719,658
1,783,482
2,038,924
1,779,334
1,308,725
1,363,098
Gross Profit
1,804,000
1,895,000
1,494,928
981,154
1,487,962
1,423,616
972,553
586,428
558,400
742,079
457,012
529,653
442,184
309,456
347,743
Admin Expenses
915,000
837,000
601,865
548,904
722,928
706,860
427,088
2,057,361
-397,061
-83,314
125,043
197,544
185,960
119,368
248,281
Operating Profit
889,000
1,058,000
893,063
432,250
765,034
716,756
545,465
-1,470,933
955,461
825,393
331,969
332,109
256,224
190,088
99,462
Interest Payable
10,000
10,000
8,118
11,614
Interest Receivable
1
144
2,701
3,191
8,038
5,320
1,947
258
136
112
71
Pre-Tax Profit
879,000
1,048,000
884,945
420,636
765,035
716,900
542,764
-1,467,742
963,499
830,713
333,916
332,367
256,359
190,200
99,533
Tax
-1,000
-1,000
484
670
5,530
-3,592
-101,176
-192,700
-174,450
-76,801
-79,768
-66,653
-53,256
-27,869
Profit After Tax
878,000
1,047,000
885,429
421,306
770,565
713,308
441,588
-1,467,742
770,799
656,263
257,115
252,599
189,706
136,944
71,664
Dividends Paid
Retained Profit
878,000
1,047,000
885,429
421,306
770,565
713,308
62,079
-1,467,742
770,799
656,263
257,115
252,599
189,706
136,944
71,664
Employee Costs
675,000
538,000
471,940
362,068
462,405
478,785
280,248
715,402
276,891
358,079
235,349
264,771
218,307
144,244
172,721
Number Of Employees
13
12
10
12
14
14
15
18
7
9
6
7
6
4
5
EBITDA*
943,000
1,096,000
922,530
460,004
770,186
723,758
549,108
-1,463,060
965,404
833,166
342,722
342,830
268,680
201,212
105,252
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Nov 2017
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
12,000
10,000
180,092
207,595
14,617
16,117
16,674
19,917
24,253
11,275
12,798
14,296
19,669
17,367
7,260
Intangible Assets
144,000
158,000
1
2,460
7,380
12,300
17,220
22,140
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
156,000
168,000
180,092
207,595
14,617
16,117
16,674
19,917
24,253
11,276
15,258
21,676
31,969
34,587
29,400
Stock & work in progress
1,164,000
1,047,000
786,684
885,354
887,220
612,328
719,047
644,234
482,352
501,993
420,309
396,593
410,681
364,770
280,024
Trade Debtors
632,000
702,000
797,545
372,857
591,733
661,460
729,622
841,442
822,007
892,753
630,810
846,887
649,653
448,299
427,381
Group Debtors
4,591,000
3,661,000
2,941,082
1,341,252
1,170,135
600,000
371,995
Misc Debtors
16,000
26,000
12,160
21,331
223,733
17,359
21,325
12,475
7,182
3,285
2,371
Cash
672,000
756,000
467,875
1,120,416
555,000
837,512
751,527
752,045
1,800,657
1,414,399
713,616
65,180
37,866
16,511
28,419
misc current assets
total current assets
7,075,000
6,192,000
5,005,346
3,741,210
3,427,821
2,728,659
2,221,521
2,250,196
3,484,193
2,809,145
1,764,735
1,311,945
1,100,571
829,580
735,824
total assets
7,231,000
6,360,000
5,185,438
3,948,805
3,442,438
2,744,776
2,238,195
2,270,113
3,508,446
2,820,421
1,779,993
1,333,621
1,132,540
864,167
765,224
Bank overdraft
Bank loan
Trade Creditors
1,104,000
1,079,000
928,414
604,419
645,909
759,833
846,509
911,439
616,783
1,199,012
830,271
647,075
701,536
631,236
676,540
Group/Directors Accounts
other short term finances
hp & lease commitments
36,000
29,000
22,836
21,592
other current liabilities
322,000
343,000
362,799
313,514
381,979
340,358
321,849
452,092
486,470
total current liabilities
1,462,000
1,451,000
1,314,049
939,525
1,027,888
1,100,191
1,168,358
1,363,531
1,103,253
1,199,012
830,271
647,075
701,536
631,236
676,540
loans
302,516
348,188
hp & lease commitments
122,000
141,000
151,258
174,094
Accruals and Deferred Income
other liabilities
137,222
provisions
2,000
1,000
152
1,120
2,460
3,660
6,336
39,214
70,083
57,098
41,674
35,613
32,670
24,303
17,000
total long term liabilities
124,000
142,000
151,334
174,654
1,230
1,830
140,390
39,214
70,083
57,098
41,674
35,613
32,670
24,303
17,000
total liabilities
1,586,000
1,593,000
1,465,383
1,114,179
1,029,118
1,102,021
1,308,748
1,402,745
1,173,336
1,256,110
871,945
682,688
734,206
655,539
693,540
net assets
5,645,000
4,767,000
3,720,055
2,834,626
2,413,320
1,642,755
929,447
867,368
2,335,110
1,564,311
908,048
650,933
398,334
208,628
71,684
total shareholders funds
5,645,000
4,767,000
3,720,055
2,834,626
2,413,320
1,642,755
929,447
867,368
2,335,110
1,564,311
908,048
650,933
398,334
208,628
71,684
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Nov 2017
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
889,000
1,058,000
893,063
432,250
765,034
716,756
545,465
-1,470,933
955,461
825,393
331,969
332,109
256,224
190,088
99,462
Depreciation
54,000
38,000
29,467
27,754
5,152
7,002
3,643
7,873
9,943
5,314
5,833
5,801
7,536
6,204
870
Amortisation
2,459
4,920
4,920
4,920
4,920
4,920
Tax
-1,000
-1,000
484
670
5,530
-3,592
-101,176
-192,700
-174,450
-76,801
-79,768
-66,653
-53,256
-27,869
Stock
117,000
260,316
-98,670
-1,866
274,892
-106,719
236,695
161,882
-19,641
81,684
23,716
-14,088
45,911
84,746
280,024
Debtors
850,000
638,213
2,015,347
-250,161
706,782
527,872
-450,237
-347,267
308,431
261,943
-219,362
198,148
203,725
20,918
427,381
Creditors
25,000
150,586
323,995
-41,490
-113,924
-86,676
229,726
294,656
-582,229
368,741
183,196
-54,461
70,300
-45,304
676,540
Accruals and Deferred Income
-21,000
-19,799
49,285
-68,465
41,621
18,509
-164,621
-34,378
486,470
Deferred Taxes & Provisions
1,000
848
-968
-1,340
-1,200
-2,676
-63,747
-30,869
12,985
15,424
6,061
2,943
8,367
7,303
17,000
Cash flow from operations
-20,000
328,106
-621,351
601,406
-279,461
228,170
662,832
-1,048,266
401,140
699,254
650,824
27,484
31,058
4,291
63,518
Investing Activities
capital expenditure
-42,000
-25,908
-1,964
-220,732
-3,652
-6,445
3,936
-3,537
-22,920
-3,791
-4,335
-428
-9,838
-16,311
-35,190
Change in Investments
cash flow from investments
-42,000
-25,908
-1,964
-220,732
-3,652
-6,445
3,936
-3,537
-22,920
-3,791
-4,335
-428
-9,838
-16,311
-35,190
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-302,516
-45,672
348,188
Hire Purchase and Lease Commitments
-12,000
-4,094
-21,592
195,686
other long term liabilities
-137,222
137,222
share issue
-55
-1,467,742
20
interest
-10,000
-10,000
-8,118
-11,614
1
144
2,701
3,191
8,038
5,320
1,947
258
136
112
71
cash flow from financing
-22,000
-316,665
-75,382
532,260
1
-137,078
-1,327,819
3,191
8,038
5,320
1,947
258
136
112
91
cash and cash equivalents
cash
-84,000
288,125
-652,541
565,416
-282,512
85,985
-1,049,130
-1,048,612
386,258
700,783
648,436
27,314
21,355
-11,908
28,419
overdraft
change in cash
-84,000
288,125
-652,541
565,416
-282,512
85,985
-1,049,130
-1,048,612
386,258
700,783
648,436
27,314
21,355
-11,908
28,419
direct catering products 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 direct catering products limited. Get real-time insights into direct catering products limited's credit score, group structure and payment trends.
Direct Catering Products Limited Competitor Analysis
Perform a competitor analysis for direct catering products limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in BA5 area or any other competitors across 12 key performance metrics.
direct catering products limited Ownership
DIRECT CATERING PRODUCTS LIMITED group structure
Direct Catering Products Limited has no subsidiary companies.
The sole shareholder of Direct Catering Products Limited is Dcsw Ltd.
dcsw ltd
100%
direct catering products limited directors
Direct Catering Products Limited currently has 2 directors.
The longest serving directors include
Mr Ben Gujral (Jan 2020) and
Mrs Sarah Norton (Jul 2022).
46690 - Wholesale of other machinery and equipment
incorporation date
March 2004
age
21
incorporated
UK
ultimate parent company
JLA ACQUISITIONS TOPCO LTD
accounts
Audit Exemption Subsidiary
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
unit 25, lodge hill industrial p, station road, wells, somerset, BA5 1EY
Bank
-
Legal Advisor
-
direct catering products 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 4 charges/mortgages relating to direct catering products limited. Currently there are 2 open charges and 2 have been satisfied in the past.
direct catering products 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 DIRECT CATERING PRODUCTS LIMITED. This can take several minutes, an email will notify you when this has completed.
direct catering products limitedCompanies House Filings - See Documents
