doric asset finance ltd
doric asset finance ltd Company Information
Company Number
05376561
Next Accounts
Mar 2025
Shareholders
doric services gmbh
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
28 king street, london, EC2V 8EH
Website
hlrltd.comdoric asset finance ltd Estimated Valuation
Pomanda estimates the enterprise value of DORIC ASSET FINANCE LTD at £101.8k based on a Turnover of £103.6k and 0.98x industry multiple (adjusted for size and gross margin).
doric asset finance ltd Estimated Valuation
Pomanda estimates the enterprise value of DORIC ASSET FINANCE LTD at £608.2k based on an EBITDA of £84.6k and a 7.19x industry multiple (adjusted for size and gross margin).
doric asset finance ltd Estimated Valuation
Pomanda estimates the enterprise value of DORIC ASSET FINANCE LTD at £2m based on Net Assets of £947.5k and 2.13x industry multiple (adjusted for liquidity).
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Doric Asset Finance Ltd Overview
Doric Asset Finance Ltd is a dissolved company that was located in london, EC2V 8EH with a Companies House number of 05376561. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2005, it's largest shareholder was doric services gmbh with a 100% stake. The last turnover for Doric Asset Finance Ltd was estimated at £103.6k.
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Doric Asset Finance Ltd Health Check
Pomanda's financial health check has awarded Doric Asset Finance Ltd a 4 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
4 Strong
0 Regular
4 Weak
Size
annual sales of £103.6k, make it smaller than the average company (£2m)
£103.6k - Doric Asset Finance Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (4.4%)
-15% - Doric Asset Finance Ltd
4.4% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (37.3%)
100% - Doric Asset Finance Ltd
37.3% - Industry AVG
Profitability
an operating margin of 81.7% make it more profitable than the average company (6.2%)
81.7% - Doric Asset Finance Ltd
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
- Doric Asset Finance Ltd
20 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Doric Asset Finance Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £103.6k, this is less efficient (£134.1k)
- Doric Asset Finance Ltd
£134.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Doric Asset Finance Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Doric Asset Finance Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Doric Asset Finance Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 693 weeks, this is more cash available to meet short term requirements (22 weeks)
693 weeks - Doric Asset Finance Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.3%, this is a lower level of debt than the average (66%)
3.3% - Doric Asset Finance Ltd
66% - Industry AVG
DORIC ASSET FINANCE LTD financials
Doric Asset Finance Ltd's latest turnover from September 2018 is £103.6 thousand and the company has net assets of £947.5 thousand. According to their latest financial statements, we estimate that Doric Asset Finance Ltd has 1 employee and maintains cash reserves of £431.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 103,601 | 71,227 | 1,496,722 | 165,994 | 157,646 | 304,800 | 754,050 | 2,368,450 | 1,994,746 | 2,060,381 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 3,591 | 1,876 | 537 | |||||||
| Gross Profit | 103,601 | 71,227 | 165,994 | 154,055 | 302,924 | 754,050 | 1,994,209 | 2,060,381 | ||
| Admin Expenses | 18,992 | 17,910 | 18,863 | 17,948 | 41,594 | 682,943 | 1,882,913 | 1,946,029 | ||
| Operating Profit | 84,609 | 53,317 | 1,481,627 | 147,131 | 136,107 | 261,330 | 71,107 | 109,435 | 111,296 | 114,352 |
| Interest Payable | 485 | 250 | 135 | |||||||
| Interest Receivable | 228 | 1,259 | 1,992 | 410 | 186 | 188 | 84 | 276 | 395 | 1,953 |
| Pre-Tax Profit | 84,837 | 54,576 | 1,483,619 | 147,541 | 135,808 | 261,268 | 71,191 | 109,711 | 112,691 | 116,170 |
| Tax | -22,900 | 899 | -291,169 | -3,190 | -26,468 | -24,899 | -17,980 | -26,893 | -41,458 | -40,419 |
| Profit After Tax | 61,937 | 55,475 | 1,192,450 | 144,351 | 109,340 | 236,369 | 53,211 | 82,818 | 71,233 | 75,751 |
| Dividends Paid | 200,000 | 249,998 | ||||||||
| Retained Profit | 61,937 | 55,475 | 1,192,450 | 144,351 | 109,340 | 36,369 | 53,211 | -167,180 | 71,233 | 75,751 |
| Employee Costs | 1,390,019 | |||||||||
| Number Of Employees | 11 | |||||||||
| EBITDA* | 84,609 | 53,317 | 1,481,627 | 147,131 | 136,107 | 261,330 | 71,925 | 112,329 | 129,078 | 148,401 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,717 | 7,132 | 21,505 | |||||||
| Intangible Assets | ||||||||||
| Investments & Other | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 4,747 | |||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 5,717 | 7,132 | 26,252 | |
| Stock & work in progress | ||||||||||
| Trade Debtors | 300,839 | |||||||||
| Group Debtors | 477,900 | 374,299 | 303,072 | 241,069 | 192,320 | 145,386 | 60,966 | |||
| Misc Debtors | 10,735 | 18,093 | 40,565 | 22,028 | 836 | 54,739 | 60,677 | 132,791 | 118,032 | 101,189 |
| Cash | 431,181 | 447,608 | 1,723,963 | 330,965 | 254,711 | 184,347 | 198,914 | 69,571 | 607,280 | 479,865 |
| misc current assets | 60,000 | 2 | 2 | 2 | 2 | 2 | 1 | |||
| total current assets | 979,816 | 840,000 | 2,067,600 | 594,064 | 447,869 | 384,474 | 320,559 | 503,203 | 725,313 | 581,054 |
| total assets | 979,816 | 900,000 | 2,127,600 | 654,064 | 507,869 | 444,474 | 380,559 | 508,920 | 732,445 | 607,306 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 2,812 | 1,903 | 2,905 | 299 | 5,454 | 57,163 | 13,071 | |||
| Group/Directors Accounts | 58,219 | |||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 32,341 | 11,650 | 295,634 | 13,546 | 14,607 | 60,552 | 28,907 | 203,625 | 208,261 | 145,727 |
| total current liabilities | 32,341 | 14,462 | 297,537 | 16,451 | 14,607 | 60,552 | 29,206 | 209,079 | 265,424 | 217,017 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | 3,800 | 5,499 | 5,499 | |||||||
| total long term liabilities | 3,800 | 5,499 | 5,499 | |||||||
| total liabilities | 32,341 | 14,462 | 297,537 | 16,451 | 14,607 | 60,552 | 33,006 | 214,578 | 270,923 | 217,017 |
| net assets | 947,475 | 885,538 | 1,830,063 | 637,613 | 493,262 | 383,922 | 347,553 | 294,342 | 461,522 | 390,289 |
| total shareholders funds | 947,475 | 885,538 | 1,830,063 | 637,613 | 493,262 | 383,922 | 347,553 | 294,342 | 461,522 | 390,289 |
| Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 84,609 | 53,317 | 1,481,627 | 147,131 | 136,107 | 261,330 | 71,107 | 109,435 | 111,296 | 114,352 |
| Depreciation | 818 | 2,894 | 17,782 | 34,049 | ||||||
| Amortisation | ||||||||||
| Tax | -22,900 | 899 | -291,169 | -3,190 | -26,468 | -24,899 | -17,980 | -26,893 | -41,458 | -40,419 |
| Stock | ||||||||||
| Debtors | 96,243 | 48,755 | 80,540 | 69,941 | -6,969 | 78,482 | -311,987 | 315,598 | 16,843 | 101,189 |
| Creditors | -2,812 | 909 | -1,002 | 2,905 | -299 | -5,155 | -51,709 | 44,092 | 13,071 | |
| Accruals and Deferred Income | 20,691 | -283,984 | 282,088 | -1,061 | -45,945 | 31,645 | -174,718 | -4,636 | 62,534 | 145,727 |
| Deferred Taxes & Provisions | -3,800 | -1,699 | 5,499 | |||||||
| Cash flow from operations | -16,655 | -277,614 | 1,391,004 | 75,844 | 70,663 | 185,495 | 184,360 | -286,507 | 182,902 | 165,591 |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -60,000 | 60,000 | -4,747 | 4,747 | ||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -58,219 | 58,219 | ||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | 228 | 1,259 | 1,992 | 410 | -299 | -62 | 84 | 276 | 395 | 1,818 |
| cash flow from financing | 228 | -998,741 | 1,992 | 410 | -299 | -62 | 84 | 276 | -57,824 | 374,575 |
| cash and cash equivalents | ||||||||||
| cash | -16,427 | -1,276,355 | 1,392,998 | 76,254 | 70,364 | -14,567 | 129,343 | -537,709 | 127,415 | 479,865 |
| overdraft | ||||||||||
| change in cash | -16,427 | -1,276,355 | 1,392,998 | 76,254 | 70,364 | -14,567 | 129,343 | -537,709 | 127,415 | 479,865 |
doric asset finance ltd Credit Report and Business Information
Doric Asset Finance Ltd Competitor Analysis
Perform a competitor analysis for doric asset finance ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in EC2V area or any other competitors across 12 key performance metrics.
doric asset finance ltd Ownership
DORIC ASSET FINANCE LTD group structure
Doric Asset Finance Ltd has no subsidiary companies.
Ultimate parent company
DORIC SERVICES GMBH
#0054216
1 parent
DORIC ASSET FINANCE LTD
05376561
doric asset finance ltd directors
Doric Asset Finance Ltd currently has 3 directors. The longest serving directors include Ms Tanja Kisselbach (Sep 2012) and Ms Martina Schlossmueller (Sep 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Tanja Kisselbach | 53 years | Sep 2012 | - | Director | |
| Ms Martina Schlossmueller | 57 years | Sep 2012 | - | Director | |
| Mr Alain Stoeckli | United Kingdom | 50 years | Oct 2013 | - | Director |
P&L
September 2018turnover
103.6k
+45%
operating profit
84.6k
+59%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2018net assets
947.5k
+0.07%
total assets
979.8k
+0.09%
cash
431.2k
-0.04%
net assets
Total assets minus all liabilities
Similar Companies
doric asset finance ltd company details
company number
05376561
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2005
age
20
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2018
previous names
hlr asset finance limited (July 2005)
accountant
-
auditor
TWP ACCOUNTING LLP
address
28 king street, london, EC2V 8EH
Bank
-
Legal Advisor
-
doric asset finance 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 2 charges/mortgages relating to doric asset finance ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
doric asset finance ltd 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 DORIC ASSET FINANCE LTD. This can take several minutes, an email will notify you when this has completed.
doric asset finance ltd Companies House Filings - See Documents
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