drb associates limited
drb associates limited Company Information
Company Number
05566084
Next Accounts
Mar 2025
Shareholders
pool house holdings limited
Group Structure
View All
Industry
Other activities auxiliary to insurance and pension funding
Registered Address
pool house dam street, lichfield, staffordshire, WS13 6AA
Website
www.poolhouseadvisers.co.ukdrb associates limited Estimated Valuation
Pomanda estimates the enterprise value of DRB ASSOCIATES LIMITED at £1m based on a Turnover of £1.3m and 0.8x industry multiple (adjusted for size and gross margin).
drb associates limited Estimated Valuation
Pomanda estimates the enterprise value of DRB ASSOCIATES LIMITED at £430.8k based on an EBITDA of £84.5k and a 5.1x industry multiple (adjusted for size and gross margin).
drb associates limited Estimated Valuation
Pomanda estimates the enterprise value of DRB ASSOCIATES LIMITED at £427.6k based on Net Assets of £207.5k and 2.06x industry multiple (adjusted for liquidity).
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Drb Associates Limited Overview
Drb Associates Limited is a live company located in staffordshire, WS13 6AA with a Companies House number of 05566084. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in September 2005, it's largest shareholder is pool house holdings limited with a 100% stake. Drb Associates Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with low growth in recent years.
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Drb Associates Limited Health Check
Pomanda's financial health check has awarded Drb Associates Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £1.3m, make it in line with the average company (£1.5m)
- Drb Associates Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.9%)
- Drb Associates Limited
5.9% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
- Drb Associates Limited
100% - Industry AVG
Profitability
an operating margin of 4.4% make it less profitable than the average company (10.5%)
- Drb Associates Limited
10.5% - Industry AVG
Employees
with 17 employees, this is above the industry average (9)
17 - Drb Associates Limited
9 - Industry AVG
Pay Structure
on an average salary of £56k, the company has an equivalent pay structure (£56k)
- Drb Associates Limited
£56k - Industry AVG
Efficiency
resulting in sales per employee of £75.4k, this is less efficient (£120k)
- Drb Associates Limited
£120k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (50 days)
- Drb Associates Limited
50 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Drb Associates Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Drb Associates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (46 weeks)
16 weeks - Drb Associates Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.4%, this is a higher level of debt than the average (55%)
71.4% - Drb Associates Limited
55% - Industry AVG
DRB ASSOCIATES LIMITED financials
Drb Associates Limited's latest turnover from June 2023 is estimated at £1.3 million and the company has net assets of £207.5 thousand. According to their latest financial statements, Drb Associates Limited has 17 employees and maintains cash reserves of £138.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 17 | 18 | 20 | 20 | 21 | 20 | 17 | 13 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 73,525 | 114,823 | 207,752 | 88,617 | 160,969 | 59,548 | 76,932 | 2,928 | 4,220 | 3,818 | 4,575 | 3,032 | 399 | 4,142 |
| Intangible Assets | 521,250 | |||||||||||||
| Investments & Other | 2,375 | 1,500 | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 73,525 | 114,823 | 207,752 | 88,617 | 160,969 | 59,548 | 79,307 | 4,428 | 525,470 | 3,818 | 4,575 | 3,032 | 399 | 4,142 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 42,354 | 44,131 | 58,955 | 77,789 | 54,766 | 61,386 | 53,564 | 57,974 | 191,085 | 100,163 | 112,246 | 93,991 | 21,782 | 24,752 |
| Group Debtors | 468,115 | 432,402 | 358,225 | 376,932 | 413,735 | 350,079 | 494,765 | 533,224 | ||||||
| Misc Debtors | 1,589 | 770 | 770 | 35,980 | 33,208 | 55,957 | 64,843 | 63,267 | ||||||
| Cash | 138,877 | 204,065 | 201,681 | 292,609 | 130,613 | 258,039 | 213,685 | 86,583 | 112,316 | 96,666 | 79,643 | 62,224 | 139,687 | 76,113 |
| misc current assets | ||||||||||||||
| total current assets | 650,935 | 681,368 | 619,631 | 783,310 | 632,322 | 725,461 | 826,857 | 741,048 | 303,401 | 196,829 | 191,889 | 156,215 | 161,469 | 100,865 |
| total assets | 724,460 | 796,191 | 827,383 | 871,927 | 793,291 | 785,009 | 906,164 | 745,476 | 828,871 | 200,647 | 196,464 | 159,247 | 161,868 | 105,007 |
| Bank overdraft | ||||||||||||||
| Bank loan | 41,000 | 41,000 | 3,417 | |||||||||||
| Trade Creditors | 1,214 | 3,051 | 25,772 | 16,049 | 7,457 | 8,365 | 3,361 | 450,176 | 102,553 | 66,890 | 77,218 | 51,428 | 77,170 | |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 433,545 | 342,318 | 286,311 | 372,581 | 334,983 | 373,943 | 377,204 | 409,429 | ||||||
| total current liabilities | 434,759 | 386,369 | 353,083 | 375,998 | 351,032 | 381,400 | 385,569 | 412,790 | 450,176 | 102,553 | 66,890 | 77,218 | 51,428 | 77,170 |
| loans | 119,583 | 160,583 | 201,583 | |||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 64,952 | 108,304 | 193,091 | 106,532 | 167,673 | 59,970 | 76,521 | 330,000 | ||||||
| provisions | 17,257 | 16,092 | 14,383 | 989 | 4,460 | 11,070 | 15,073 | |||||||
| total long term liabilities | 82,209 | 243,979 | 368,057 | 309,104 | 172,133 | 71,040 | 91,594 | 330,000 | ||||||
| total liabilities | 516,968 | 630,348 | 721,140 | 685,102 | 523,165 | 452,440 | 477,163 | 412,790 | 780,176 | 102,553 | 66,890 | 77,218 | 51,428 | 77,170 |
| net assets | 207,492 | 165,843 | 106,243 | 186,825 | 270,126 | 332,569 | 429,001 | 332,686 | 48,695 | 98,094 | 129,574 | 82,029 | 110,440 | 27,837 |
| total shareholders funds | 207,492 | 165,843 | 106,243 | 186,825 | 270,126 | 332,569 | 429,001 | 332,686 | 48,695 | 98,094 | 129,574 | 82,029 | 110,440 | 27,837 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 28,704 | 74,876 | 46,321 | 30,454 | 54,182 | 20,434 | 27,856 | 3,325 | 3,104 | 2,228 | 1,877 | 1,387 | 3,743 | 6,092 |
| Amortisation | 27,000 | 521,250 | 173,750 | |||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | 34,755 | 59,353 | -72,751 | -11,008 | 34,287 | -145,750 | -41,293 | 654,465 | 90,922 | -12,083 | 18,255 | 72,209 | -2,970 | 24,752 |
| Creditors | -1,837 | -22,721 | 25,772 | -16,049 | 8,592 | -908 | 5,004 | 3,361 | 347,623 | 35,663 | -10,328 | 25,790 | -25,742 | 77,170 |
| Accruals and Deferred Income | 91,227 | 56,007 | -86,270 | 37,598 | -38,960 | -3,261 | -32,225 | 409,429 | ||||||
| Deferred Taxes & Provisions | 1,165 | 1,709 | 13,394 | -3,471 | -6,610 | -4,003 | 15,073 | |||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -2,375 | 875 | 1,500 | |||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -41,000 | 37,583 | 3,417 | |||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -119,583 | -41,000 | -41,000 | 201,583 | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -43,352 | -84,787 | 86,559 | -61,141 | 107,703 | -16,551 | 76,521 | 330,000 | ||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -65,188 | 2,384 | -90,928 | 161,996 | -127,426 | 44,354 | 127,102 | 86,583 | 15,650 | 17,023 | 17,419 | -77,463 | 63,574 | 76,113 |
| overdraft | ||||||||||||||
| change in cash | -65,188 | 2,384 | -90,928 | 161,996 | -127,426 | 44,354 | 127,102 | 86,583 | 15,650 | 17,023 | 17,419 | -77,463 | 63,574 | 76,113 |
drb associates limited Credit Report and Business Information
Drb Associates Limited Competitor Analysis
Perform a competitor analysis for drb associates limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in WS13 area or any other competitors across 12 key performance metrics.
drb associates limited Ownership
DRB ASSOCIATES LIMITED group structure
Drb Associates Limited has no subsidiary companies.
drb associates limited directors
Drb Associates Limited currently has 4 directors. The longest serving directors include Mr David Burns (Sep 2005) and Mr Jonathan Hovers (Nov 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Burns | United Kingdom | 54 years | Sep 2005 | - | Director |
| Mr Jonathan Hovers | United Kingdom | 59 years | Nov 2010 | - | Director |
| Mrs Fiona Haigh | England | 37 years | Apr 2020 | - | Director |
| Mrs Phoebe Kalsi | United Kingdom | 34 years | Apr 2020 | - | Director |
P&L
June 2023turnover
1.3m
+3%
operating profit
55.8k
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
207.5k
+0.25%
total assets
724.5k
-0.09%
cash
138.9k
-0.32%
net assets
Total assets minus all liabilities
drb associates limited company details
company number
05566084
Type
Private limited with Share Capital
industry
66290 - Other activities auxiliary to insurance and pension funding
incorporation date
September 2005
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
drb financial management limited (November 2005)
accountant
-
auditor
-
address
pool house dam street, lichfield, staffordshire, WS13 6AA
Bank
-
Legal Advisor
-
drb associates 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 1 charges/mortgages relating to drb associates limited. Currently there are 0 open charges and 1 have been satisfied in the past.
drb associates 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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drb associates limited Companies House Filings - See Documents
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