d+c electrics limited

d+c electrics limited Company Information

Share D+C ELECTRICS LIMITED
Live 
EstablishedMicroDeclining

Company Number

05655686

Industry

Repair of machinery

 

Shareholders

neil bennett

rebecca bennett

Group Structure

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Contact

Registered Address

19 rhododendron avenue, barnstaple, devon, EX31 2DJ

d+c electrics limited Estimated Valuation

£44.2k

Pomanda estimates the enterprise value of D+C ELECTRICS LIMITED at £44.2k based on a Turnover of £121k and 0.37x industry multiple (adjusted for size and gross margin).

d+c electrics limited Estimated Valuation

£34.5k

Pomanda estimates the enterprise value of D+C ELECTRICS LIMITED at £34.5k based on an EBITDA of £8.1k and a 4.25x industry multiple (adjusted for size and gross margin).

d+c electrics limited Estimated Valuation

£173.9k

Pomanda estimates the enterprise value of D+C ELECTRICS LIMITED at £173.9k based on Net Assets of £42.5k and 4.1x industry multiple (adjusted for liquidity).

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D+c Electrics Limited Overview

D+c Electrics Limited is a live company located in devon, EX31 2DJ with a Companies House number of 05655686. It operates in the repair of machinery sector, SIC Code 33120. Founded in December 2005, it's largest shareholder is neil bennett with a 50% stake. D+c Electrics Limited is a established, micro sized company, Pomanda has estimated its turnover at £121k with declining growth in recent years.

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D+c Electrics Limited Health Check

Pomanda's financial health check has awarded D+C Electrics Limited a 2.5 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 Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £121k, make it smaller than the average company (£10.7m)

£121k - D+c Electrics Limited

£10.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (6.4%)

-21% - D+c Electrics Limited

6.4% - Industry AVG

production

Production

with a gross margin of 16.7%, this company has a higher cost of product (29%)

16.7% - D+c Electrics Limited

29% - Industry AVG

profitability

Profitability

an operating margin of 6.7% make it more profitable than the average company (5%)

6.7% - D+c Electrics Limited

5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (32)

1 - D+c Electrics Limited

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)

£47.7k - D+c Electrics Limited

£47.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £121k, this is less efficient (£211.2k)

£121k - D+c Electrics Limited

£211.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 136 days, this is later than average (54 days)

136 days - D+c Electrics Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (36 days)

12 days - D+c Electrics Limited

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - D+c Electrics Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - D+c Electrics Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 10.1%, this is a lower level of debt than the average (54%)

10.1% - D+c Electrics Limited

54% - Industry AVG

D+C ELECTRICS LIMITED financials

EXPORTms excel logo

D+C Electrics Limited's latest turnover from December 2023 is estimated at £121 thousand and the company has net assets of £42.5 thousand. According to their latest financial statements, we estimate that D+C Electrics Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover121,026313,251268,637248,005229,408213,244161,835269,38675,34067,37046,02867,583100,77361,2750
Other Income Or Grants000000000000000
Cost Of Sales100,785258,715220,744207,259186,450173,246131,302214,71261,72256,04737,54654,33380,34947,2000
Gross Profit20,24154,53647,89340,74642,95839,99830,53254,67413,61811,3248,48213,25020,42414,0740
Admin Expenses12,11746,20650,89970,09327,33343,19888,92779,96922,51635,735-16,596-24,870-24,697-12,416-90,742
Operating Profit8,1248,330-3,006-29,34715,625-3,200-58,395-25,295-8,898-24,41125,07838,12045,12126,49090,742
Interest Payable000000000000000
Interest Receivable0000000174723753691581493427202
Pre-Tax Profit8,1248,330-3,006-29,34715,625-3,200-58,395-25,121-8,175-23,65825,76938,70145,61426,91790,944
Tax-2,031-1,58300-2,96900000-5,927-9,288-11,860-7,537-25,464
Profit After Tax6,0936,747-3,006-29,34712,656-3,200-58,395-25,121-8,175-23,65819,84229,41333,75419,38065,480
Dividends Paid000000000000000
Retained Profit6,0936,747-3,006-29,34712,656-3,200-58,395-25,121-8,175-23,65819,84229,41333,75419,38065,480
Employee Costs47,67643,66341,76041,54044,04243,20041,66138,46738,12737,98737,50036,99636,03534,1050
Number Of Employees111111111111110
EBITDA*8,1248,330-3,006-29,34715,625-3,200-58,395-25,295-6,089-21,28428,34641,36147,49727,44390,902

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,5342,0883,1623,8345,0086,8918,93811,8316,4337,4219,71012,5609,4616,567220
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,5342,0883,1623,8345,0086,8918,93811,8316,4337,4219,71012,5609,4616,567220
Stock & work in progress000000001,0832,4498,1914,7482,5001,9291,500
Trade Debtors45,41790,18078,40576,22782,15473,47664,092121,11921,18415,78912,31721,42832,37016,5708,049
Group Debtors000000000000000
Misc Debtors2802922673022700000000000
Cash00000000139,090150,162151,229125,124107,29589,86180,960
misc current assets000002035503440000000
total current assets45,69790,47278,67276,52982,42473,67964,642121,463161,357168,400171,737151,300142,165108,36090,509
total assets47,23192,56081,83480,36387,43280,57073,580133,294167,790175,821181,447163,860151,626114,92790,729
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 3,49854,87248,65744,39721,61528,78718,90820,21330,78830,28511,94013,88231,88228,65425,103
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities3,49854,87248,65744,39721,61528,78718,90820,21330,78830,28511,94013,88231,88228,65425,103
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income1,2701,3183,5543,3373,8412,4632,1522,1660000000
other liabilities000000000000000
provisions000000008661,2251,5381,8511,0301,31346
total long term liabilities1,2701,3183,5543,3373,8412,4632,1522,1668661,2251,5381,8511,0301,31346
total liabilities4,76856,19052,21147,73425,45631,25021,06022,37931,65431,51013,47815,73332,91229,96725,149
net assets42,46336,37029,62332,62961,97649,32052,520110,915136,136144,311167,969148,127118,71484,96065,580
total shareholders funds42,46336,37029,62332,62961,97649,32052,520110,915136,136144,311167,969148,127118,71484,96065,580
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit8,1248,330-3,006-29,34715,625-3,200-58,395-25,295-8,898-24,41125,07838,12045,12126,49090,742
Depreciation000000002,8093,1273,2683,2412,376953160
Amortisation000000000000000
Tax-2,031-1,58300-2,96900000-5,927-9,288-11,860-7,537-25,464
Stock0000000-1,083-1,366-5,7423,4432,2485714291,500
Debtors-44,77511,8002,143-5,8958,9489,384-57,02799,9355,3953,472-9,111-10,94215,8008,5218,049
Creditors-51,3746,2154,26022,782-7,1729,879-1,305-10,57550318,345-1,942-18,0003,2283,55125,103
Accruals and Deferred Income-48-2,236217-5041,378311-142,1660000000
Deferred Taxes & Provisions0000000-866-359-313-313821-2831,26746
Cash flow from operations-554-1,074-672-1,174-2,086-2,394-2,687-133,422-9,974-98225,83223,58822,21115,77481,038
Investing Activities
capital expenditure5541,0746721,1741,8832,0472,893-5,398-1,821-838-418-6,340-5,270-7,300-380
Change in Investments000000000000000
cash flow from investments5541,0746721,1741,8832,0472,893-5,398-1,821-838-418-6,340-5,270-7,300-380
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000-100000000100
interest0000000174723753691581493427202
cash flow from financing000000074723753691581493427302
cash and cash equivalents
cash0000000-139,090-11,072-1,06726,10517,82917,4348,90180,960
overdraft000000000000000
change in cash0000000-139,090-11,072-1,06726,10517,82917,4348,90180,960

d+c electrics 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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D+c Electrics Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for d+c electrics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in EX31 area or any other competitors across 12 key performance metrics.

d+c electrics limited Ownership

D+C ELECTRICS LIMITED group structure

D+C Electrics Limited has no subsidiary companies.

Ultimate parent company

D+C ELECTRICS LIMITED

05655686

D+C ELECTRICS LIMITED Shareholders

neil bennett 50%
rebecca bennett 50%

d+c electrics limited directors

D+C Electrics Limited currently has 2 directors. The longest serving directors include Mrs Rebecca Bennett (Dec 2005) and Mr Neil Bennett (Dec 2005).

officercountryagestartendrole
Mrs Rebecca BennettUnited Kingdom61 years Dec 2005- Director
Mr Neil BennettUnited Kingdom64 years Dec 2005- Director

P&L

December 2023

turnover

121k

-61%

operating profit

8.1k

0%

gross margin

16.8%

-3.93%

turnover

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

Balance Sheet

December 2023

net assets

42.5k

+0.17%

total assets

47.2k

-0.49%

cash

0

0%

net assets

Total assets minus all liabilities

d+c electrics limited company details

company number

05655686

Type

Private limited with Share Capital

industry

33120 - Repair of machinery

incorporation date

December 2005

age

19

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

19 rhododendron avenue, barnstaple, devon, EX31 2DJ

Bank

-

Legal Advisor

-

d+c electrics 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 d+c electrics limited.

charges

d+c electrics limited Companies House Filings - See Documents

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