davic financial services limited

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davic financial services limited Company Information

Share DAVIC FINANCIAL SERVICES LIMITED

Company Number

05425835

Shareholders

jaita enamiriewan

mrs victoria enamiriewan

Group Structure

View All

Industry

Management consultancy activities (other than financial management)

 

Registered Address

29 ringsbury close, purton, swindon, SN5 4DE

Website

-

davic financial services limited Estimated Valuation

£303

Pomanda estimates the enterprise value of DAVIC FINANCIAL SERVICES LIMITED at £303 based on a Turnover of £875 and 0.35x industry multiple (adjusted for size and gross margin).

davic financial services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DAVIC FINANCIAL SERVICES LIMITED at £0 based on an EBITDA of £-756 and a 2.99x industry multiple (adjusted for size and gross margin).

davic financial services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DAVIC FINANCIAL SERVICES LIMITED at £0 based on Net Assets of £-1.2k and 2.61x industry multiple (adjusted for liquidity).

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Davic Financial Services Limited Overview

Davic Financial Services Limited is a live company located in swindon, SN5 4DE with a Companies House number of 05425835. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in April 2005, it's largest shareholder is jaita enamiriewan with a 75% stake. Davic Financial Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £875.1 with declining growth in recent years.

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Davic Financial Services Limited Health Check

Pomanda's financial health check has awarded Davic Financial Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £875.1, make it smaller than the average company (£445.6k)

£875.1 - Davic Financial Services Limited

£445.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -76%, show it is growing at a slower rate (11.4%)

-76% - Davic Financial Services Limited

11.4% - Industry AVG

production

Production

with a gross margin of 25.2%, this company has a higher cost of product (59.8%)

25.2% - Davic Financial Services Limited

59.8% - Industry AVG

profitability

Profitability

an operating margin of -86.4% make it less profitable than the average company (8.1%)

-86.4% - Davic Financial Services Limited

8.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Davic Financial Services Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)

£51.5k - Davic Financial Services Limited

£51.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £875.1, this is less efficient (£120.2k)

£875.1 - Davic Financial Services Limited

£120.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is earlier than average (62 days)

30 days - Davic Financial Services Limited

62 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 663 days, this is slower than average (24 days)

663 days - Davic Financial Services Limited

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Davic Financial Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Davic Financial Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1722.2%, this is a higher level of debt than the average (53.4%)

1722.2% - Davic Financial Services Limited

53.4% - Industry AVG

DAVIC FINANCIAL SERVICES LIMITED financials

EXPORTms excel logo

Davic Financial Services Limited's latest turnover from April 2024 is estimated at £875 and the company has net assets of -£1.2 thousand. According to their latest financial statements, we estimate that Davic Financial Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover8751,4901,29760,75263,85069,36623,10319,62526,08625,78935,39038,68232,27215,8498,865
Other Income Or Grants
Cost Of Sales6541,09696644,82946,85350,15416,36513,41018,47218,26924,57726,76621,15010,2615,846
Gross Profit22139333115,92416,99719,2126,7386,2157,6157,52010,81311,91611,1225,5883,019
Admin Expenses9773931,33417,91014,29726,2248,005-3,97910,67014,69414,9992,6092,1245,6912,090
Operating Profit-756-1,003-1,9862,700-7,012-1,26710,194-3,055-7,174-4,1869,3078,998-103929
Interest Payable
Interest Receivable43210331627345049182013
Pre-Tax Profit-756-999-1,9832,702-7,002-1,23410,210-3,028-7,140-4,1369,3569,016-83942
Tax-513-1,940-2,152-2,164-264
Profit After Tax-756-999-1,9832,189-7,002-1,2348,270-3,028-7,140-4,1367,2046,852-83678
Dividends Paid
Retained Profit-756-999-1,9832,189-7,002-1,2348,270-3,028-7,140-4,1367,2046,852-83678
Employee Costs51,51747,99147,72645,05041,66051,22150,15249,12951,33350,14652,09451,80653,08048,55148,739
Number Of Employees111111111111111
EBITDA*-756-1,003-1,9862,700-7,012-1,26710,194-3,055-7,174-4,1869,3078,998-103929

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors725355358,8206,9308,2206,95010,26010,6509,0484,2002,072
Group Debtors
Misc Debtors2,3991,173
Cash9504,9192,67610,4291,9688,9624,78315,3444,2512,8275,226
misc current assets
total current assets725355353,3494,9191,17311,49617,35910,18815,91215,04325,99413,2997,0277,298
total assets725355353,3494,9191,17311,49617,35910,18815,91215,04325,99413,2997,0277,298
Bank overdraft
Bank loan
Trade Creditors 1,1909479479,84012,5364,52711,3425,8516,4316,619
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities2,7612,3487914,1128,741
total current liabilities1,1909479472,7612,3487914,1128,7419,84012,5364,52711,3425,8516,4316,619
loans
hp & lease commitments
Accruals and Deferred Income50
other liabilities
provisions
total long term liabilities50
total liabilities1,2409479472,7612,3487914,1128,7419,84012,5364,52711,3425,8516,4316,619
net assets-1,168-412-4125882,5713827,3848,6183483,37610,51614,6527,448596679
total shareholders funds-1,168-412-4125882,5713827,3848,6183483,37610,51614,6527,448596679
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-756-1,003-1,9862,700-7,012-1,26710,194-3,055-7,174-4,1869,3078,998-103929
Depreciation
Amortisation
Tax-513-1,940-2,152-2,164-264
Stock
Debtors-463-1,8642,399-1,173-7,6471,890-1,2901,270-3,310-3901,6024,8482,1282,072
Creditors243947-9,840-2,6968,009-6,8155,491-580-1886,619
Accruals and Deferred Income50-2,7614131,557-3,321-4,6298,741
Deferred Taxes & Provisions
Cash flow from operations-953-3,9724,917-2,686-7,7868,445-7,0214,145-10,61111,0441,406-2,4195,212
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-11
interest43210331627345049182013
cash flow from financing33210331627345049182014
cash and cash equivalents
cash-950-3,9694,919-2,676-7,7538,461-6,9944,179-10,56111,0931,424-2,3995,226
overdraft
change in cash-950-3,9694,919-2,676-7,7538,461-6,9944,179-10,56111,0931,424-2,3995,226

davic financial services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Davic Financial Services Limited Competitor Analysis

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Perform a competitor analysis for davic financial services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SN5 area or any other competitors across 12 key performance metrics.

davic financial services limited Ownership

DAVIC FINANCIAL SERVICES LIMITED group structure

Davic Financial Services Limited has no subsidiary companies.

Ultimate parent company

DAVIC FINANCIAL SERVICES LIMITED

05425835

DAVIC FINANCIAL SERVICES LIMITED Shareholders

jaita enamiriewan 75%
mrs victoria enamiriewan 25%

davic financial services limited directors

Davic Financial Services Limited currently has 1 director, Mr Omomerhere Enamiriewan serving since Apr 2005.

officercountryagestartendrole
Mr Omomerhere EnamiriewanEngland62 years Apr 2005- Director

P&L

April 2024

turnover

875.1

-41%

operating profit

-756

0%

gross margin

25.3%

-4.43%

turnover

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

Balance Sheet

April 2024

net assets

-1.2k

+1.83%

total assets

72

-0.87%

cash

0

0%

net assets

Total assets minus all liabilities

davic financial services limited company details

company number

05425835

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

April 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

davic property services limited (April 2019)

davic financial services limited (February 2019)

accountant

AIMS ACCOUNTANTS FOR BUSINESS

auditor

-

address

29 ringsbury close, purton, swindon, SN5 4DE

Bank

-

Legal Advisor

-

davic financial services 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 did not find charges/mortgages relating to davic financial services limited.

davic financial services 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.

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davic financial services limited Companies House Filings - See Documents

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