detectamet ltd Company Information
Company Number
05103699
Website
www.detectamet.co.ukRegistered Address
prospect house, unit 1 halifax way, pocklington, yorkshire, YO42 1NR
Industry
Wholesale of other intermediate products
Telephone
01759304200
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
sean ronald smith 100%
detectamet ltd Estimated Valuation
Pomanda estimates the enterprise value of DETECTAMET LTD at £9m based on a Turnover of £11.9m and 0.76x industry multiple (adjusted for size and gross margin).
detectamet ltd Estimated Valuation
Pomanda estimates the enterprise value of DETECTAMET LTD at £12m based on an EBITDA of £1.8m and a 6.6x industry multiple (adjusted for size and gross margin).
detectamet ltd Estimated Valuation
Pomanda estimates the enterprise value of DETECTAMET LTD at £8.8m based on Net Assets of £5.1m and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Detectamet Ltd Overview
Detectamet Ltd is a live company located in pocklington, YO42 1NR with a Companies House number of 05103699. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in April 2004, it's largest shareholder is sean ronald smith with a 100% stake. Detectamet Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £11.9m with high growth in recent years.
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Detectamet Ltd Health Check
Pomanda's financial health check has awarded Detectamet Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
8 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
3 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £11.9m, make it smaller than the average company (£15.5m)
£11.9m - Detectamet Ltd
£15.5m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (5.6%)
- Detectamet Ltd
5.6% - Industry AVG
![production](/assets/images/scoreRate2.png)
Production
with a gross margin of 52.9%, this company has a lower cost of product (25.5%)
52.9% - Detectamet Ltd
25.5% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 13.9% make it more profitable than the average company (6.8%)
13.9% - Detectamet Ltd
6.8% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 97 employees, this is above the industry average (29)
97 - Detectamet Ltd
29 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£45.2k)
£40.2k - Detectamet Ltd
£45.2k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £122.2k, this is less efficient (£389.7k)
£122.2k - Detectamet Ltd
£389.7k - Industry AVG
![debtordays](/assets/images/scoreRate2.png)
Debtor Days
it gets paid by customers after 38 days, this is earlier than average (58 days)
38 days - Detectamet Ltd
58 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 42 days, this is slower than average (29 days)
42 days - Detectamet Ltd
29 days - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 281 days, this is more than average (72 days)
281 days - Detectamet Ltd
72 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (14 weeks)
20 weeks - Detectamet Ltd
14 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 30.9%, this is a lower level of debt than the average (45.5%)
30.9% - Detectamet Ltd
45.5% - Industry AVG
DETECTAMET LTD financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Detectamet Ltd's latest turnover from March 2023 is £11.9 million and the company has net assets of £5.1 million. According to their latest financial statements, Detectamet Ltd has 97 employees and maintains cash reserves of £773.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 11,854,555 | 11,007,110 | 1,892,175 | ||||||||||
Other Income Or Grants | 0 | 0 | |||||||||||
Cost Of Sales | 5,583,108 | 5,195,630 | |||||||||||
Gross Profit | 6,271,447 | 5,811,480 | |||||||||||
Admin Expenses | 4,625,357 | 4,423,369 | |||||||||||
Operating Profit | 1,646,090 | 1,388,111 | |||||||||||
Interest Payable | 31,344 | 8,217 | |||||||||||
Interest Receivable | 276 | 1 | |||||||||||
Pre-Tax Profit | 1,616,022 | 1,379,895 | |||||||||||
Tax | -337,744 | -315,438 | |||||||||||
Profit After Tax | 1,278,278 | 1,064,457 | |||||||||||
Dividends Paid | 0 | 0 | |||||||||||
Retained Profit | 1,278,278 | 1,064,457 | |||||||||||
Employee Costs | 3,903,967 | 3,136,271 | |||||||||||
Number Of Employees | 97 | 106 | 40 | 26 | |||||||||
EBITDA* | 1,818,958 | 1,503,665 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 655,905 | 661,512 | 458,146 | 45,726 | 53,453 | 67,454 | 86,396 | 93,572 | 108,421 | 119,590 | 141,949 | 74,891 | 71,409 |
Intangible Assets | 716 | 1,026 | 0 | 0 | 0 | 0 | 0 | 0 | 1,912 | 3,812 | 5,712 | 7,612 | 11,412 |
Investments & Other | 0 | 0 | 93,884 | 72,653 | 151,250 | 201,250 | 251,250 | 251,250 | 251,250 | 251,250 | 251,250 | 251,250 | 251,250 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 656,621 | 662,538 | 552,030 | 118,379 | 204,703 | 268,704 | 337,646 | 344,822 | 361,583 | 374,652 | 398,911 | 333,753 | 334,071 |
Stock & work in progress | 4,312,843 | 3,181,700 | 688,351 | 355,338 | 274,998 | 222,082 | 0 | 50,444 | 51,226 | 49,885 | 49,885 | 85,255 | 40,050 |
Trade Debtors | 1,246,068 | 1,413,556 | 648,211 | 1,355,066 | 792,375 | 994,783 | 290,444 | 514,817 | 392,441 | 575,000 | 463,209 | 435,948 | 308,418 |
Group Debtors | 0 | 0 | 1,195,220 | 479,900 | 0 | 0 | 511,183 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 327,279 | 803,295 | 658,725 | 4,402 | 0 | 9,066 | 153,009 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 773,245 | 273,500 | 365,272 | 984,761 | 368,168 | 141,141 | 199,347 | 179,705 | 301,371 | 217,743 | 229,145 | 165,532 | 41,726 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 10,371 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 6,659,435 | 5,672,051 | 3,555,779 | 3,179,467 | 1,435,541 | 1,367,072 | 1,164,354 | 744,966 | 745,038 | 842,628 | 742,239 | 686,735 | 390,194 |
total assets | 7,316,056 | 6,334,589 | 4,107,809 | 3,297,846 | 1,640,244 | 1,635,776 | 1,502,000 | 1,089,788 | 1,106,621 | 1,217,280 | 1,141,150 | 1,020,488 | 724,265 |
Bank overdraft | 367,975 | 25,687 | 69,167 | 47,661 | 207,736 | 245,020 | 230,872 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 238,831 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 644,163 | 859,591 | 529,860 | 991,334 | 391,808 | 456,461 | 553,632 | 487,738 | 454,637 | 663,613 | 662,079 | 584,655 | 367,802 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 11,020 | 54,040 | 83,263 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 20,764 | 5,681 | 0 | 0 | 0 | 2,916 | 9,639 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 884,854 | 1,004,885 | 414,660 | 434,781 | 133,515 | 119,613 | 32,707 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,917,756 | 2,134,675 | 1,013,687 | 1,473,776 | 744,079 | 878,050 | 910,113 | 487,738 | 454,637 | 663,613 | 662,079 | 584,655 | 367,802 |
loans | 212,905 | 213,446 | 0 | 0 | 0 | 2,758 | 15,964 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 23,823 | 14,201 | 0 | 0 | 0 | 0 | 2,916 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,639 | 46,800 | 0 | 0 | 0 | 80,918 |
provisions | 105,896 | 107,200 | 80,458 | 0 | 0 | 0 | 0 | 0 | 0 | 60,198 | 74,129 | 72,135 | 0 |
total long term liabilities | 342,624 | 334,847 | 80,458 | 0 | 0 | 2,758 | 18,880 | 33,639 | 46,800 | 60,198 | 74,129 | 72,135 | 80,918 |
total liabilities | 2,260,380 | 2,469,522 | 1,094,145 | 1,473,776 | 744,079 | 880,808 | 928,993 | 521,377 | 501,437 | 723,811 | 736,208 | 656,790 | 448,720 |
net assets | 5,055,676 | 3,865,067 | 3,013,664 | 1,824,070 | 896,165 | 754,968 | 573,007 | 568,411 | 605,184 | 493,469 | 404,942 | 363,698 | 275,545 |
total shareholders funds | 5,055,676 | 3,865,067 | 3,013,664 | 1,824,070 | 896,165 | 754,968 | 573,007 | 568,411 | 605,184 | 493,469 | 404,942 | 363,698 | 275,545 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | 1,646,090 | 1,388,111 | |||||||||||
Depreciation | 172,608 | 115,280 | 38,649 | 14,001 | 23,330 | 22,796 | 22,459 | 28,397 | 25,259 | 15,195 | 19,084 | 5,224 | |
Amortisation | 260 | 274 | 0 | 0 | 0 | 0 | 1,912 | 1,900 | 1,900 | 1,900 | 3,800 | 0 | |
Tax | -337,744 | -315,438 | |||||||||||
Stock | 1,131,143 | 2,493,349 | 333,013 | 355,338 | 52,916 | 222,082 | -50,444 | -782 | 1,341 | 0 | -35,370 | 45,205 | 40,050 |
Debtors | -643,504 | -285,305 | 662,788 | 1,839,368 | -211,474 | 49,213 | 439,819 | 122,376 | -182,559 | 111,791 | 27,261 | 127,530 | 308,418 |
Creditors | -215,428 | 329,731 | -461,474 | 991,334 | -64,653 | -97,171 | 65,894 | 33,101 | -208,976 | 1,534 | 77,424 | 216,853 | 367,802 |
Accruals and Deferred Income | -120,031 | 590,225 | -20,121 | 434,781 | 13,902 | 86,906 | 32,707 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -1,304 | 26,742 | 80,458 | 0 | 0 | 0 | 0 | 0 | -60,198 | -13,931 | 1,994 | 72,135 | 0 |
Cash flow from operations | 656,812 | -73,119 | |||||||||||
Investing Activities | |||||||||||||
capital expenditure | 0 | 0 | |||||||||||
Change in Investments | 0 | -93,884 | 21,231 | 72,653 | -50,000 | -50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 251,250 |
cash flow from investments | 0 | 93,884 | |||||||||||
Financing Activities | |||||||||||||
Bank loans | -238,831 | 238,831 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | -43,020 | -29,223 | 83,263 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -541 | 213,446 | 0 | 0 | -2,758 | -13,206 | 15,964 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 24,705 | 19,882 | 0 | 0 | -2,916 | -9,639 | 12,555 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -33,639 | -13,161 | 46,800 | 0 | 0 | -80,918 | 80,918 |
share issue | |||||||||||||
interest | -31,068 | -8,216 | |||||||||||
cash flow from financing | -333,404 | 250,889 | |||||||||||
cash and cash equivalents | |||||||||||||
cash | 499,745 | -91,772 | -619,489 | 984,761 | 227,027 | -58,206 | 19,642 | -121,666 | 83,628 | -11,402 | 63,613 | 123,806 | 41,726 |
overdraft | 342,288 | -43,480 | 21,506 | 47,661 | -37,284 | 14,148 | 230,872 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 157,457 | -48,292 | -640,995 | 937,100 | 264,311 | -72,354 | -211,230 | -121,666 | 83,628 | -11,402 | 63,613 | 123,806 | 41,726 |
detectamet ltd Credit Report and Business Information
Detectamet Ltd Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for detectamet ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in YO42 area or any other competitors across 12 key performance metrics.
detectamet ltd Ownership
DETECTAMET LTD group structure
Detectamet Ltd has 1 subsidiary company.
detectamet ltd directors
Detectamet Ltd currently has 2 directors. The longest serving directors include Mr Sean Smith (May 2018) and Mrs Helen Morrison (Jul 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Sean Smith | England | 62 years | May 2018 | - | Director |
Mrs Helen Morrison | England | 46 years | Jul 2018 | - | Director |
P&L
March 2023turnover
11.9m
+8%
operating profit
1.6m
+19%
gross margin
53%
+0.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.1m
+0.31%
total assets
7.3m
+0.15%
cash
773.2k
+1.83%
net assets
Total assets minus all liabilities
detectamet ltd company details
company number
05103699
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
incorporation date
April 2004
age
20
incorporated
UK
accounts
Group
ultimate parent company
previous names
e-components & chains limited (April 2010)
last accounts submitted
March 2023
address
prospect house, unit 1 halifax way, pocklington, yorkshire, YO42 1NR
accountant
-
auditor
SAFFERY LLP
detectamet 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 8 charges/mortgages relating to detectamet ltd. Currently there are 3 open charges and 5 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
detectamet ltd Companies House Filings - See Documents
date | description | view/download |
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