designer websites limited

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designer websites limited Company Information

Share DESIGNER WEBSITES LIMITED

Company Number

05691608

Directors

Jason Fortt

Shareholders

jason peter fortt

antony fortt

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Group Structure

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Industry

Business and domestic software development

 

Registered Address

sully moors road, sully moors road, penarth, south glamorgan, CF64 5RP

designer websites limited Estimated Valuation

£913.3k

Pomanda estimates the enterprise value of DESIGNER WEBSITES LIMITED at £913.3k based on a Turnover of £1m and 0.88x industry multiple (adjusted for size and gross margin).

designer websites limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DESIGNER WEBSITES LIMITED at £0 based on an EBITDA of £-23.9k and a 5.41x industry multiple (adjusted for size and gross margin).

designer websites limited Estimated Valuation

£707.6k

Pomanda estimates the enterprise value of DESIGNER WEBSITES LIMITED at £707.6k based on Net Assets of £299k and 2.37x industry multiple (adjusted for liquidity).

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Designer Websites Limited Overview

Designer Websites Limited is a live company located in penarth, CF64 5RP with a Companies House number of 05691608. It operates in the business and domestic software development sector, SIC Code 62012. Founded in January 2006, it's largest shareholder is jason peter fortt with a 97% stake. Designer Websites Limited is a established, small sized company, Pomanda has estimated its turnover at £1m with healthy growth in recent years.

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Designer Websites Limited Health Check

Pomanda's financial health check has awarded Designer Websites Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £1m, make it smaller than the average company (£3.7m)

£1m - Designer Websites Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (10.5%)

14% - Designer Websites Limited

10.5% - Industry AVG

production

Production

with a gross margin of 72.2%, this company has a comparable cost of product (72.2%)

72.2% - Designer Websites Limited

72.2% - Industry AVG

profitability

Profitability

an operating margin of -3.7% make it less profitable than the average company (4%)

-3.7% - Designer Websites Limited

4% - Industry AVG

employees

Employees

with 15 employees, this is below the industry average (33)

15 - Designer Websites Limited

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £67.9k, the company has an equivalent pay structure (£67.9k)

£67.9k - Designer Websites Limited

£67.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £69.6k, this is less efficient (£118.5k)

£69.6k - Designer Websites Limited

£118.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 36 days, this is earlier than average (58 days)

36 days - Designer Websites Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 79 days, this is slower than average (39 days)

79 days - Designer Websites Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 5 days, this is less than average (18 days)

5 days - Designer Websites Limited

18 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 41 weeks, this is more cash available to meet short term requirements (18 weeks)

41 weeks - Designer Websites Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.2%, this is a lower level of debt than the average (59.1%)

35.2% - Designer Websites Limited

59.1% - Industry AVG

DESIGNER WEBSITES LIMITED financials

EXPORTms excel logo

Designer Websites Limited's latest turnover from March 2024 is estimated at £1 million and the company has net assets of £299 thousand. According to their latest financial statements, Designer Websites Limited has 15 employees and maintains cash reserves of £129.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,043,509848,442941,016699,186791,441415,907305,632234,316184,187372,606234,025188,08890,58652,45690,850
Other Income Or Grants
Cost Of Sales290,248237,373253,978192,890205,633106,37081,61862,11246,20989,26257,22144,14520,77611,25423,880
Gross Profit753,260611,069687,038506,297585,808309,537224,014172,203137,978283,344176,804143,94369,81041,20266,969
Admin Expenses791,598649,152650,368429,060531,701280,782197,230154,164137,774274,461179,284146,17773,00141,02966,133
Operating Profit-38,338-38,08336,67077,23754,10728,75526,78418,0392048,883-2,480-2,234-3,191173836
Interest Payable4661,0281,226696
Interest Receivable7,0647,5521,8011881156902457511812016312412012433
Pre-Tax Profit-31,274-30,53138,47077,42554,22228,97926,00016,888-3759,003-2,317-2,110-3,071297869
Tax-7,309-14,711-10,302-5,506-4,940-3,377-1,891-83-243
Profit After Tax-31,274-30,53131,16162,71443,92023,47321,06013,510-3757,112-2,317-2,110-3,071214626
Dividends Paid
Retained Profit-31,274-30,53131,16162,71443,92023,47321,06013,510-3757,112-2,317-2,110-3,071214626
Employee Costs1,019,186983,626915,175735,225744,215241,415176,966170,888107,865214,235161,833104,43952,05050,17648,979
Number Of Employees15151513134332432111
EBITDA*-23,860-29,94544,07987,11660,52733,41729,77321,3201,49510,354-992-249-5453,2792,624

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets57,51666,33132,55529,63724,36513,96511,0769,8443,8734,4155,8865,9547,9399,3177,152
Intangible Assets164,750164,750164,750164,750164,750164,750164,750164,750164,750164,750
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets222,266231,081197,305194,387189,115178,715175,826174,594168,623169,1655,8865,9547,9399,3177,152
Stock & work in progress4,50010,066
Trade Debtors105,52866,535104,01261,09490,66088,70062,22346,30433,93867,84939,30931,56215,9038,06514,750
Group Debtors
Misc Debtors22,75030,55018,75026,89334,789
Cash129,144139,945215,463264,733110,821120,15063,95733,87526,05821,00226,98038,08611,65636,29113,261
misc current assets
total current assets239,172216,546319,475325,827224,231239,400144,930107,07294,78588,85166,28969,64827,55944,35628,011
total assets461,438447,627516,780520,214413,346418,115320,756281,666263,408258,01672,17575,60235,49853,67335,163
Bank overdraft13,82017,81821,428
Bank loan
Trade Creditors 63,34364,42061,39562,39760,53960,35844,91236,20631,38992,71278,73363,80924,03552,73334,437
Group/Directors Accounts22,703
other short term finances
hp & lease commitments
other current liabilities99,13352,97194,618128,21185,915112,08262,52549,20345,662
total current liabilities162,476117,391156,013190,608146,454195,143121,257103,22798,47992,71278,73363,80924,03552,73334,437
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities16,03413,594
provisions
total long term liabilities16,03413,594
total liabilities162,476117,391156,013190,608146,454195,143121,257103,22798,47992,71278,73379,84337,62952,73334,437
net assets298,962330,236360,767329,606266,892222,972199,499178,439164,929165,304-6,558-4,241-2,131940726
total shareholders funds298,962330,236360,767329,606266,892222,972199,499178,439164,929165,304-6,558-4,241-2,131940726
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-38,338-38,08336,67077,23754,10728,75526,78418,0392048,883-2,480-2,234-3,191173836
Depreciation14,4788,1387,4099,8796,4204,6622,9893,2811,2911,4711,4881,9852,6463,1061,788
Amortisation
Tax-7,309-14,711-10,302-5,506-4,940-3,377-1,891-83-243
Stock-5,56610,066
Debtors38,993-37,47742,918-52,316-5,84038,2777,7764,47087828,5407,74715,6597,838-6,68514,750
Creditors-1,0773,025-1,0021,85818115,4468,7064,817-61,32313,97914,92439,774-28,69818,29634,437
Accruals and Deferred Income46,162-41,647-33,59342,296-26,16749,55713,3223,54145,662
Deferred Taxes & Provisions
Cash flow from operations-12,202-41,156-40,743168,87530,07954,63739,08521,831-15,044-6,0986,18523,866-37,08128,17722,068
Investing Activities
capital expenditure-5,663-41,914-10,327-15,151-16,820-7,551-4,221-9,252-749-164,750-1,420-1,268-5,271-8,940
Change in Investments
cash flow from investments-5,663-41,914-10,327-15,151-16,820-7,551-4,221-9,252-749-164,750-1,420-1,268-5,271-8,940
Financing Activities
Bank loans
Group/Directors Accounts-22,70322,703
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-16,0342,44013,594
share issue164,750100
interest7,0647,5521,801188115224-783-1,151-57812016312412012433
cash flow from financing7,0647,5521,801188-22,58822,927-783-1,151-578164,870-15,8712,56413,714124133
cash and cash equivalents
cash-10,801-75,518-49,270153,912-9,32956,19330,0827,8175,056-5,978-11,10626,430-24,63523,03013,261
overdraft-13,820-3,998-3,61021,428
change in cash-10,801-75,518-49,270153,912-9,32970,01334,08011,427-16,372-5,978-11,10626,430-24,63523,03013,261

designer websites 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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Designer Websites Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for designer websites limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CF64 area or any other competitors across 12 key performance metrics.

designer websites limited Ownership

DESIGNER WEBSITES LIMITED group structure

Designer Websites Limited has no subsidiary companies.

Ultimate parent company

DESIGNER WEBSITES LIMITED

05691608

DESIGNER WEBSITES LIMITED Shareholders

jason peter fortt 97%
antony fortt 1%
ruth fortt 1%
andrew fortt 1%

designer websites limited directors

Designer Websites Limited currently has 1 director, Mr Jason Fortt serving since Jan 2006.

officercountryagestartendrole
Mr Jason ForttUnited Kingdom52 years Jan 2006- Director

P&L

March 2024

turnover

1m

+23%

operating profit

-38.3k

0%

gross margin

72.2%

+0.23%

turnover

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

Balance Sheet

March 2024

net assets

299k

-0.09%

total assets

461.4k

+0.03%

cash

129.1k

-0.08%

net assets

Total assets minus all liabilities

designer websites limited company details

company number

05691608

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

January 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

sully moors road, sully moors road, penarth, south glamorgan, CF64 5RP

Bank

-

Legal Advisor

-

designer websites 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 designer websites limited.

designer websites 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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designer websites limited Companies House Filings - See Documents

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