devraj limited Company Information
Company Number
05962688
Next Accounts
Aug 2025
Shareholders
d & v enterprises limited
rajendra ambalal patel
View AllGroup Structure
View All
Industry
Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores
Registered Address
103 dalston lane, london, E8 1NH
Website
www.devrajgroup.comdevraj limited Estimated Valuation
Pomanda estimates the enterprise value of DEVRAJ LIMITED at £356.4k based on a Turnover of £964.9k and 0.37x industry multiple (adjusted for size and gross margin).
devraj limited Estimated Valuation
Pomanda estimates the enterprise value of DEVRAJ LIMITED at £0 based on an EBITDA of £-71.3k and a 3.82x industry multiple (adjusted for size and gross margin).
devraj limited Estimated Valuation
Pomanda estimates the enterprise value of DEVRAJ LIMITED at £2.7m based on Net Assets of £1.2m and 2.14x industry multiple (adjusted for liquidity).
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Devraj Limited Overview
Devraj Limited is a live company located in london, E8 1NH with a Companies House number of 05962688. It operates in the retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c. sector, SIC Code 47749. Founded in October 2006, it's largest shareholder is d & v enterprises limited with a 50% stake. Devraj Limited is a established, small sized company, Pomanda has estimated its turnover at £964.9k with declining growth in recent years.
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Devraj Limited Health Check
Pomanda's financial health check has awarded Devraj Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs


4 Strong

1 Regular

7 Weak

Size
annual sales of £964.9k, make it smaller than the average company (£12.7m)
- Devraj Limited
£12.7m - Industry AVG

Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (7.1%)
- Devraj Limited
7.1% - Industry AVG

Production
with a gross margin of 27.1%, this company has a higher cost of product (39.5%)
- Devraj Limited
39.5% - Industry AVG

Profitability
an operating margin of -7.4% make it less profitable than the average company (5.4%)
- Devraj Limited
5.4% - Industry AVG

Employees
with 11 employees, this is below the industry average (40)
11 - Devraj Limited
40 - Industry AVG

Pay Structure
on an average salary of £59.9k, the company has an equivalent pay structure (£59.9k)
- Devraj Limited
£59.9k - Industry AVG

Efficiency
resulting in sales per employee of £87.7k, this is less efficient (£297.3k)
- Devraj Limited
£297.3k - Industry AVG

Debtor Days
it gets paid by customers after 62 days, this is later than average (51 days)
- Devraj Limited
51 days - Industry AVG

Creditor Days
its suppliers are paid after 157 days, this is slower than average (29 days)
- Devraj Limited
29 days - Industry AVG

Stock Days
it holds stock equivalent to 31 days, this is less than average (61 days)
- Devraj Limited
61 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (17 weeks)
52 weeks - Devraj Limited
17 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 25%, this is a lower level of debt than the average (46%)
25% - Devraj Limited
46% - Industry AVG
DEVRAJ LIMITED financials

Devraj Limited's latest turnover from November 2023 is estimated at £964.9 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Devraj Limited has 11 employees and maintains cash reserves of £308.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 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 | 11 | 11 | 13 | 13 | 8 | 7 | 7 | 7 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 727,790 | 728,103 | 728,331 | 728,724 | 729,188 | 729,732 | 730,373 | 730,196 | 730,821 | 312,836 | 313,789 | 314,803 | 315,803 | 317,280 | 317,799 |
Intangible Assets | 294,458 | 294,458 | 294,458 | 294,458 | 294,458 | 294,458 | 294,458 | 294,458 | 294,458 | 294,458 | 294,458 | 294,458 | 294,458 | 294,458 | 312,958 |
Investments & Other | 100,000 | 100,000 | 55,636 | 59,636 | 79,636 | 79,636 | 79,636 | 78,033 | 98,133 | 514,436 | 98,133 | 98,133 | 98,133 | 65,000 | 65,000 |
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 1,122,248 | 1,122,561 | 1,078,425 | 1,082,818 | 1,103,282 | 1,103,826 | 1,104,467 | 1,102,687 | 1,123,412 | 1,121,730 | 706,380 | 707,394 | 708,394 | 676,738 | 695,757 |
Stock & work in progress | 60,000 | 60,000 | 50,274 | 66,955 | 67,758 | 56,376 | 55,235 | 54,980 | 68,828 | 52,828 | 40,022 | 47,761 | 49,019 | 52,620 | 53,101 |
Trade Debtors | 164,740 | 166,532 | 121,640 | 214,186 | 150,800 | 195,792 | 151,953 | 143,195 | 254,769 | 275,199 | 161,924 | 232,999 | 254,217 | 214,313 | 206,571 |
Group Debtors | |||||||||||||||
Misc Debtors | 76,155 | 155,800 | 80,001 | ||||||||||||
Cash | 308,673 | 346,542 | 397,123 | 271,077 | 246,570 | 252,680 | 314,139 | 372,862 | 465,731 | 253,471 | 584,433 | 559,309 | 344,663 | 515,095 | 368,321 |
misc current assets | |||||||||||||||
total current assets | 533,413 | 573,074 | 569,037 | 552,218 | 465,128 | 504,848 | 677,127 | 651,038 | 789,328 | 581,498 | 786,379 | 840,069 | 647,899 | 782,028 | 627,993 |
total assets | 1,655,661 | 1,695,635 | 1,647,462 | 1,635,036 | 1,568,410 | 1,608,674 | 1,781,594 | 1,753,725 | 1,912,740 | 1,703,228 | 1,492,759 | 1,547,463 | 1,356,293 | 1,458,766 | 1,323,750 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 304,406 | 328,701 | 328,551 | 296,967 | 237,479 | 235,593 | 114,777 | 119,159 | 381,146 | 285,143 | 252,260 | 231,941 | 215,614 | 411,445 | 225,485 |
Group/Directors Accounts | |||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 153,175 | 248,605 | 237,726 | ||||||||||||
total current liabilities | 304,406 | 328,701 | 328,551 | 296,967 | 237,479 | 235,593 | 363,382 | 356,885 | 381,146 | 285,143 | 252,260 | 231,941 | 215,614 | 411,445 | 225,485 |
loans | 25,898 | 74,198 | 143,536 | ||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 109,665 | 70,898 | 70,898 | 70,898 | 70,898 | 25,000 | 25,000 | 79,338 | 467,374 | 242,374 | 242,374 | 442,374 | 442,374 | 474,374 | 748,979 |
provisions | |||||||||||||||
total long term liabilities | 109,665 | 70,898 | 70,898 | 70,898 | 70,898 | 56,898 | 99,198 | 222,874 | 467,374 | 242,374 | 242,374 | 442,374 | 442,374 | 474,374 | 748,979 |
total liabilities | 414,071 | 399,599 | 399,449 | 367,865 | 308,377 | 292,491 | 462,580 | 579,759 | 848,520 | 527,517 | 494,634 | 674,315 | 657,988 | 885,819 | 974,464 |
net assets | 1,241,590 | 1,296,036 | 1,248,013 | 1,267,171 | 1,260,033 | 1,316,183 | 1,319,014 | 1,173,966 | 1,064,220 | 1,175,711 | 998,125 | 873,148 | 698,305 | 572,947 | 349,286 |
total shareholders funds | 1,241,590 | 1,296,036 | 1,248,013 | 1,267,171 | 1,260,033 | 1,316,183 | 1,319,014 | 1,173,966 | 1,064,220 | 1,175,711 | 998,125 | 873,148 | 698,305 | 572,947 | 349,286 |
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 313 | 353 | 393 | 463 | 544 | 641 | 754 | 833 | 1,122 | 1,300 | 1,477 | 1,737 | 1,829 | ||
Amortisation | 18,500 | 18,500 | |||||||||||||
Tax | |||||||||||||||
Stock | 9,726 | -16,681 | -803 | 11,382 | 1,141 | 255 | -13,848 | 16,000 | 12,806 | -7,739 | -1,258 | -3,601 | -481 | 53,101 | |
Debtors | -1,792 | 44,892 | -92,546 | 63,386 | -38,319 | -118,634 | 84,557 | -31,573 | -20,430 | 113,275 | -71,075 | -21,218 | 39,904 | 7,742 | 206,571 |
Creditors | -24,295 | 150 | 31,584 | 59,488 | 1,886 | 120,816 | -4,382 | -261,987 | 96,003 | 32,883 | 20,319 | 16,327 | -195,831 | 185,960 | 225,485 |
Accruals and Deferred Income | -153,175 | -95,430 | 10,879 | 237,726 | |||||||||||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 44,364 | -4,000 | -20,000 | 1,603 | -20,100 | -416,303 | 416,303 | 33,133 | 65,000 | ||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | -25,898 | -48,300 | -69,338 | 143,536 | |||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | 38,767 | 45,898 | -54,338 | -388,036 | 225,000 | -200,000 | -32,000 | -274,605 | 748,979 | ||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -37,869 | -50,581 | 126,046 | 24,507 | -6,110 | -61,459 | -58,723 | -92,869 | 212,260 | -330,962 | 25,124 | 214,646 | -170,432 | 146,774 | 368,321 |
overdraft | |||||||||||||||
change in cash | -37,869 | -50,581 | 126,046 | 24,507 | -6,110 | -61,459 | -58,723 | -92,869 | 212,260 | -330,962 | 25,124 | 214,646 | -170,432 | 146,774 | 368,321 |
devraj limited Credit Report and Business Information
Devraj Limited Competitor Analysis

Perform a competitor analysis for devraj limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in E 8 area or any other competitors across 12 key performance metrics.
devraj limited Ownership
DEVRAJ LIMITED group structure
Devraj Limited has no subsidiary companies.
Ultimate parent company
DEVRAJ LIMITED
05962688
devraj limited directors
Devraj Limited currently has 2 directors. The longest serving directors include Mr Rajendra Patel (Oct 2006) and Mr Dinkar Mehta (Oct 2006).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Rajendra Patel | England | 72 years | Oct 2006 | - | Director |
Mr Dinkar Mehta | 79 years | Oct 2006 | - | Director |
P&L
November 2023turnover
964.9k
-5%
operating profit
-71.6k
0%
gross margin
27.2%
+6.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
1.2m
-0.04%
total assets
1.7m
-0.02%
cash
308.7k
-0.11%
net assets
Total assets minus all liabilities
devraj limited company details
company number
05962688
Type
Private limited with Share Capital
industry
47749 - Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores
incorporation date
October 2006
age
19
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
November 2023
previous names
N/A
accountant
DOSHI & CO ACCOUNTANTS
auditor
-
address
103 dalston lane, london, E8 1NH
Bank
-
Legal Advisor
-
devraj 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 devraj limited. Currently there are 0 open charges and 1 have been satisfied in the past.
devraj 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.
Click to start generating capital raising & share issue transactions for DEVRAJ LIMITED. This can take several minutes, an email will notify you when this has completed.
devraj limited Companies House Filings - See Documents
date | description | view/download |
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