derix limited
derix limited Company Information
Company Number
05815438
Next Accounts
Dec 2025
Shareholders
arya najdaghi
aschkan najdaghi
Group Structure
View All
Industry
Other human health activities
Registered Address
1065 london road, leigh-on-sea, essex, SS9 3JP
derix limited Estimated Valuation
Pomanda estimates the enterprise value of DERIX LIMITED at £689.4k based on a Turnover of £1.7m and 0.42x industry multiple (adjusted for size and gross margin).
derix limited Estimated Valuation
Pomanda estimates the enterprise value of DERIX LIMITED at £0 based on an EBITDA of £-44.5k and a 3.2x industry multiple (adjusted for size and gross margin).
derix limited Estimated Valuation
Pomanda estimates the enterprise value of DERIX LIMITED at £247.5k based on Net Assets of £105.4k and 2.35x industry multiple (adjusted for liquidity).
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Derix Limited Overview
Derix Limited is a live company located in essex, SS9 3JP with a Companies House number of 05815438. It operates in the other human health activities sector, SIC Code 86900. Founded in May 2006, it's largest shareholder is arya najdaghi with a 50% stake. Derix Limited is a established, small sized company, Pomanda has estimated its turnover at £1.7m with high growth in recent years.
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Derix Limited Health Check
Pomanda's financial health check has awarded Derix Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £1.7m, make it larger than the average company (£725k)
- Derix Limited
£725k - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (7.2%)
- Derix Limited
7.2% - Industry AVG
Production
with a gross margin of 22.3%, this company has a higher cost of product (38.6%)
- Derix Limited
38.6% - Industry AVG
Profitability
an operating margin of -2.8% make it less profitable than the average company (5.1%)
- Derix Limited
5.1% - Industry AVG
Employees
with 19 employees, this is similar to the industry average (18)
19 - Derix Limited
18 - Industry AVG
Pay Structure
on an average salary of £26.4k, the company has an equivalent pay structure (£26.4k)
- Derix Limited
£26.4k - Industry AVG
Efficiency
resulting in sales per employee of £87.3k, this is more efficient (£45.6k)
- Derix Limited
£45.6k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (20 days)
- Derix Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 207 days, this is slower than average (18 days)
- Derix Limited
18 days - Industry AVG
Stock Days
it holds stock equivalent to 92 days, this is more than average (13 days)
- Derix Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (126 weeks)
15 weeks - Derix Limited
126 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.9%, this is a higher level of debt than the average (22.4%)
87.9% - Derix Limited
22.4% - Industry AVG
DERIX LIMITED financials
Derix Limited's latest turnover from March 2024 is estimated at £1.7 million and the company has net assets of £105.4 thousand. According to their latest financial statements, Derix Limited has 19 employees and maintains cash reserves of £216.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 19 | 14 | 13 | 8 | 8 | 8 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 39,480 | 40,854 | 42,719 | 43,642 | 52,311 | 53,100 | 46,004 | 49,471 | 51,232 | 51,330 | 52,282 | 49,732 | 41,292 | 44,469 | 44,469 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 9,210 | 9,210 | 9,210 | 9,210 | 6,963 | ||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 48,690 | 50,064 | 51,929 | 43,642 | 52,311 | 53,100 | 55,214 | 56,434 | 51,232 | 51,330 | 52,282 | 49,732 | 41,292 | 44,469 | 44,469 |
| Stock & work in progress | 326,311 | 180,575 | 137,750 | 179,385 | 115,120 | 115,250 | 185,545 | 94,875 | 56,254 | 31,558 | 31,025 | 47,996 | 47,996 | ||
| Trade Debtors | 279,053 | 257,756 | 203,493 | 178,819 | 256,541 | 197,448 | 130,166 | 110,364 | 148,142 | 201,141 | 146,176 | 156,705 | 65,115 | 79,060 | 79,060 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 3,250 | 3,250 | |||||||||||||
| Cash | 216,417 | 92,067 | 75,500 | 22,456 | 100 | 26,978 | 119,185 | 47,704 | 40,615 | 125,558 | 42,374 | 97 | 97 | ||
| misc current assets | 9,210 | ||||||||||||||
| total current assets | 821,781 | 530,398 | 416,743 | 389,870 | 259,791 | 200,698 | 245,386 | 252,592 | 452,872 | 343,720 | 243,045 | 313,821 | 138,514 | 127,153 | 127,153 |
| total assets | 870,471 | 580,462 | 468,672 | 433,512 | 312,102 | 253,798 | 300,600 | 309,026 | 504,104 | 395,050 | 295,327 | 363,553 | 179,806 | 171,622 | 171,622 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 733,331 | 402,128 | 270,702 | 245,975 | 183,403 | 132,687 | 136,758 | 132,163 | 280,192 | 222,387 | 151,237 | 207,237 | 85,704 | 135,759 | 135,759 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 10,099 | ||||||||||||||
| total current liabilities | 743,430 | 402,128 | 270,702 | 245,975 | 183,403 | 132,687 | 136,758 | 132,163 | 280,192 | 222,387 | 151,237 | 207,237 | 85,704 | 135,759 | 135,759 |
| loans | 21,667 | 31,667 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 1,500 | 4,136 | |||||||||||||
| other liabilities | 41,160 | 50,000 | 48,101 | 52,359 | 54,974 | 57,400 | 59,852 | 62,143 | 64,412 | 66,586 | 66,586 | ||||
| provisions | |||||||||||||||
| total long term liabilities | 21,667 | 31,667 | 41,160 | 50,000 | 1,500 | 4,136 | 48,101 | 52,359 | 54,974 | 57,400 | 59,852 | 62,143 | 64,412 | 66,586 | 66,586 |
| total liabilities | 765,097 | 433,795 | 311,862 | 295,975 | 184,903 | 136,823 | 184,859 | 184,522 | 335,166 | 279,787 | 211,089 | 269,380 | 150,116 | 202,345 | 202,345 |
| net assets | 105,374 | 146,667 | 156,810 | 137,537 | 127,199 | 116,975 | 115,741 | 124,504 | 168,938 | 115,263 | 84,238 | 94,173 | 29,690 | -30,723 | -30,723 |
| total shareholders funds | 105,374 | 146,667 | 156,810 | 137,537 | 127,199 | 116,975 | 115,741 | 124,504 | 168,938 | 115,263 | 84,238 | 94,173 | 29,690 | -30,723 | -30,723 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,902 | 2,245 | 3,524 | 4,831 | 4,856 | 5,093 | 4,455 | 3,701 | 4,067 | 5,275 | |||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 145,736 | 42,825 | -41,635 | 179,385 | -115,120 | -130 | -70,295 | 90,670 | 38,621 | 24,696 | 533 | -16,971 | 47,996 | ||
| Debtors | 21,297 | 54,263 | 24,674 | -80,972 | 59,093 | 70,532 | 19,802 | -37,778 | -52,999 | 54,965 | -10,529 | 91,590 | -13,945 | 79,060 | |
| Creditors | 331,203 | 131,426 | 24,727 | 62,572 | 50,716 | -4,071 | 4,595 | -148,029 | 57,805 | 71,150 | -56,000 | 121,533 | -50,055 | 135,759 | |
| Accruals and Deferred Income | 10,099 | -1,500 | -2,636 | 4,136 | |||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 9,210 | -9,210 | 2,247 | 6,963 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -10,000 | 31,667 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -41,160 | -8,840 | 50,000 | -48,101 | -4,258 | -2,615 | -2,426 | -2,452 | -2,291 | -2,269 | -2,174 | 66,586 | |||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 124,350 | 16,567 | 53,044 | 22,456 | -100 | -26,878 | -92,207 | 71,481 | 7,089 | -84,943 | 83,184 | 42,277 | 97 | ||
| overdraft | |||||||||||||||
| change in cash | 124,350 | 16,567 | 53,044 | 22,456 | -100 | -26,878 | -92,207 | 71,481 | 7,089 | -84,943 | 83,184 | 42,277 | 97 |
derix limited Credit Report and Business Information
Derix Limited Competitor Analysis
Perform a competitor analysis for derix limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in SS9 area or any other competitors across 12 key performance metrics.
derix limited Ownership
DERIX LIMITED group structure
Derix Limited has no subsidiary companies.
Ultimate parent company
DERIX LIMITED
05815438
derix limited directors
Derix Limited currently has 2 directors. The longest serving directors include Mr Arya Najdaghi (May 2006) and Mr Aschkan Najdaghi (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Arya Najdaghi | England | 59 years | May 2006 | - | Director |
| Mr Aschkan Najdaghi | England | 32 years | Jul 2018 | - | Director |
P&L
March 2024turnover
1.7m
+43%
operating profit
-46.4k
0%
gross margin
22.3%
+4.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
105.4k
-0.28%
total assets
870.5k
+0.5%
cash
216.4k
+1.35%
net assets
Total assets minus all liabilities
derix limited company details
company number
05815438
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
1065 london road, leigh-on-sea, essex, SS9 3JP
Bank
-
Legal Advisor
-
derix 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 derix limited.
derix 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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derix limited Companies House Filings - See Documents
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