Dissolve Debt Limited

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dissolve debt limited Company Information

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MatureSmallHealthy

Company Number

05278758

Next Accounts

Aug 2025

Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

Directors

Lee Robinson

Mark Robinson

Shareholders

lee robinson

mark robinson

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Group Structure

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Contact

Registered Address

paul house stockport road, timperley, altrincham, cheshire, WA15 7UQ

Website

www.dissolvedebt.co.uk

dissolve debt limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of DISSOLVE DEBT LIMITED at £2.3m based on a Turnover of £1.6m and 1.39x industry multiple (adjusted for size and gross margin).

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Dissolve Debt Limited is a live company located in altrincham, WA15 7UQ with a Companies House number of 05278758. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in November 2004, it's largest shareholder is lee robinson with a 42.1% stake. Dissolve Debt Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.

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Pomanda's financial health check has awarded Dissolve Debt Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

1 Strong

3 Regular

7 Weak

Size

annual sales of £1.6m, make it smaller than the average company (£4.4m)

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (4.3%)

EXPORT

Dissolve Debt Limited's latest turnover from November 2023 is estimated at £1.6 million and the company has net assets of £67.9 thousand. According to their latest financial statements, Dissolve Debt Limited has 10 employees and maintains cash reserves of £1.2 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Turnover	1,626,192	1,965,779	1,289,100	1,279,461	1,223,047	1,341,983	1,364,119	1,184,399	850,717	140,599	189,583	219,693	171,111	207,682	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	633,353	726,115	470,189	475,475	416,035	454,115	458,570	419,723	298,566	54,844	72,317	90,381	73,581	92,510	0
Gross Profit	992,839	1,239,664	818,912	803,987	807,011	887,867	905,549	764,675	552,151	85,755	117,265	129,312	97,530	115,172	0
Admin Expenses	992,499	1,303,378	823,889	834,804	894,431	855,195	827,753	733,787	554,433	12,512	98,144	96,538	92,449	106,798	-12,360
Operating Profit	340	-63,714	-4,977	-30,817	-87,420	32,672	77,796	30,888	-2,282	73,243	19,121	32,774	5,081	8,374	12,360
Interest Payable	12,243	7,327	3,087	2,117	936	0	784	754	0	0	0	0	0	0	0
Interest Receivable	63	546	18	6	379	557	199	53	108	207	435	472	351	225	62
Pre-Tax Profit	-11,840	-70,495	-8,046	-32,928	-87,977	33,230	77,210	30,188	-2,174	73,449	19,556	33,246	5,432	8,599	12,422
Tax	0	0	0	0	0	-6,314	-14,670	-6,037	0	-15,424	-4,498	-7,979	-1,412	-2,408	-3,478
Profit After Tax	-11,840	-70,495	-8,046	-32,928	-87,977	26,916	62,540	24,150	-2,174	58,025	15,058	25,267	4,020	6,191	8,944
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-11,840	-70,495	-8,046	-32,928	-87,977	26,916	62,540	24,150	-2,174	58,025	15,058	25,267	4,020	6,191	8,944
Employee Costs	776,538	953,240	349,370	345,382	350,337	406,026	387,859	441,286	295,513	59,133	59,523	114,575	56,979	111,274	0
Number Of Employees	10	13	5	5	5	6	6	7	5	1	1	2	1	2	0
EBITDA*	3,532	-59,959	-559	-25,891	-82,096	38,666	84,849	39,057	7,022	82,997	29,324	42,135	12,471	15,741	17,944

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Tangible Assets	18,087	21,279	25,034	27,912	30,167	33,970	39,964	46,294	52,723	55,272	52,010	45,916	37,233	35,935	25,831
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	1,025	2,049	3,073	4,098
Investments & Other	0	0	0	0	0	2	7,573	15,145	22,716	53,000	53,000	53,000	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	18,087	21,279	25,034	27,912	30,167	33,972	47,537	61,439	75,439	108,272	105,010	99,941	39,282	39,008	29,929
Stock & work in progress	0	0	0	0	0	0	0	15,568	22,669	98,141	70,698	98,577	129,276	108,912	106,432
Trade Debtors	135,116	141,851	186,024	184,726	183,995	198,330	217,698	162,873	120,432	8,617	7,615	5,169	1,949	1,908	2,665
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	196,656	126,901	31,913	2,045	6,986	5,677	4,303	3,737	0	0	0	0	0	0	0
Cash	1,200	1,200	35,200	1,200	10,198	90,885	57,756	21,650	21,124	21,917	60,754	113,110	75,620	64,939	24,985
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	332,972	269,952	253,137	187,971	201,179	294,892	279,757	203,828	164,225	128,675	139,067	216,856	206,845	175,759	134,082
total assets	351,059	291,231	278,171	215,883	231,346	328,864	327,294	265,267	239,664	236,947	244,077	316,797	246,127	214,767	164,011
Bank overdraft	75,159	52,711	26,393	5,266	27,728	0	0	24,128	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	32,517	3,675	12,222	2,598	12,186	2,004	6,526	4,629	104,540	99,649	156,054	221,607	158,503	168,073	119,170
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	132,303	100,610	100,770	57,957	44,849	97,724	118,548	96,830	0	0	0	0	0	0	0
total current liabilities	239,979	156,996	139,385	65,821	84,763	99,728	125,074	125,587	104,540	99,649	156,054	221,607	158,503	168,073	119,170
loans	39,234	50,549	33,170	36,400	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	19,594	19,594	28,344	50,569	68,270	31,360	35,698
provisions	3,996	3,996	5,431	5,431	5,424	0	0	0	0	0	0	0	0	0	0
total long term liabilities	43,230	54,545	38,601	41,831	5,424	0	0	0	19,594	19,594	28,344	50,569	68,270	31,360	35,698
total liabilities	283,209	211,541	177,986	107,652	90,187	99,728	125,074	125,587	124,134	119,243	184,398	272,176	226,773	199,433	154,868
net assets	67,850	79,690	100,185	108,231	141,159	229,136	202,220	139,680	115,530	117,704	59,679	44,621	19,354	15,334	9,143
total shareholders funds	67,850	79,690	100,185	108,231	141,159	229,136	202,220	139,680	115,530	117,704	59,679	44,621	19,354	15,334	9,143

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Operating Activities
Operating Profit	340	-63,714	-4,977	-30,817	-87,420	32,672	77,796	30,888	-2,282	73,243	19,121	32,774	5,081	8,374	12,360
Depreciation	3,192	3,755	4,418	4,926	5,324	5,994	7,053	8,169	9,304	9,754	9,178	8,337	6,366	6,342	4,559
Amortisation	0	0	0	0	0	0	0	0	0	0	1,025	1,024	1,024	1,025	1,025
Tax	0	0	0	0	0	-6,314	-14,670	-6,037	0	-15,424	-4,498	-7,979	-1,412	-2,408	-3,478
Stock	0	0	0	0	0	0	-15,568	-7,101	-75,472	27,443	-27,879	-30,699	20,364	2,480	106,432
Debtors	63,020	50,815	31,166	-4,210	-13,026	-17,994	55,391	46,178	111,815	1,002	2,446	3,220	41	-757	2,665
Creditors	28,842	-8,547	9,624	-9,588	10,182	-4,522	1,897	-99,911	4,891	-56,405	-65,553	63,104	-9,570	48,903	119,170
Accruals and Deferred Income	31,693	-160	42,813	13,108	-52,875	-20,824	21,718	96,830	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	-1,435	0	7	5,424	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	1,047	-120,916	20,712	-18,154	-106,339	25,000	53,971	-9,138	-24,430	-17,277	-15,294	124,739	-18,916	60,513	24,539
Investing Activities
capital expenditure	0	0	-1,540	-2,671	-1,521	0	-723	-1,740	-6,755	-13,016	-15,272	-17,020	-7,664	-16,446	-35,513
Change in Investments	0	0	0	0	-2	-7,571	-7,572	-7,571	-30,284	0	0	53,000	0	0	0
cash flow from investments	0	0	-1,540	-2,671	-1,519	7,571	6,849	5,831	23,529	-13,016	-15,272	-70,020	-7,664	-16,446	-35,513
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-11,315	17,379	-3,230	36,400	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	-19,594	0	-8,750	-22,225	-17,701	36,910	-4,338	35,698
share issue	0	50,000	0	0	0	0	0	0	0	0	0	0	0	0	199
interest	-12,180	-6,781	-3,069	-2,111	-557	557	-585	-701	108	207	435	472	351	225	62
cash flow from financing	-23,495	60,598	-6,299	34,289	-557	557	-585	-20,295	108	-8,543	-21,790	-17,229	37,261	-4,113	35,959
cash and cash equivalents
cash	0	-34,000	34,000	-8,998	-80,687	33,129	36,106	526	-793	-38,837	-52,356	37,490	10,681	39,954	24,985
overdraft	22,448	26,318	21,127	-22,462	27,728	0	-24,128	24,128	0	0	0	0	0	0	0
change in cash	-22,448	-60,318	12,873	13,464	-108,415	33,129	60,234	-23,602	-793	-38,837	-52,356	37,490	10,681	39,954	24,985

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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DISSOLVE DEBT LIMITED group structure

Dissolve Debt Limited has 1 subsidiary company.

Ultimate parent company

DISSOLVE DEBT LIMITED

05278758

1 subsidiary

DEBT DISSOLVERS LIMITED

05540894

DISSOLVE DEBT LIMITED Shareholders

lee robinson	42.08%
mark robinson	42.08%
stephanie kissen	15%
lee & mark robinson	0.83%

Dissolve Debt Limited currently has 2 directors. The longest serving directors include Mr Lee Robinson (Nov 2004) and Mr Mark Robinson (Jan 2007).

officer	country	age	start	end	role
Mr Lee Robinson	England	46 years	Nov 2004	-	Director
Mr Mark Robinson	England	41 years	Jan 2007	-	Director

P&L

November 2023

turnover

1.6m

-17%

operating profit

340

gross margin

61.1%

-3.19%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

67.9k

-0.15%

total assets

351.1k

+0.21%

cash

1.2k

net assets

Total assets minus all liabilities

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company number

05278758

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

November 2004

ultimate parent company

None

previous names

N/A

address

paul house stockport road, timperley, altrincham, cheshire, WA15 7UQ

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 dissolve debt limited. Currently there are 1 open charges and 1 have been satisfied in the past.

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dissolve debt limited Company Information

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dissolve debt limited Estimated Valuation

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