Davies St Limited

POWER SEARCH PRICING

SOLUTIONS

davies st limited Company Information

Company Number

06142958

Next Accounts

Mar 2025

Directors

Darren Coombes

Mark Grocott

View All

Shareholders

davies group limited

Group Structure

View All

Industry

Business and domestic software development

Registered Address

5th floor 20 gracechurch street, london, EC3V 0BG

Website

www.servicetick.com

davies st limited Estimated Valuation

£4.2m

Pomanda estimates the enterprise value of DAVIES ST LIMITED at £4.2m based on an EBITDA of £717.7k and a 5.81x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Davies St Limited is a live company located in london, EC3V 0BG with a Companies House number of 06142958. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2007, it's largest shareholder is davies group limited with a 100% stake. Davies St Limited is a established, small sized company, Pomanda has estimated its turnover at £2.8m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Davies St Limited a 3 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

Health Rating3out of 5

2 Strong

3 Regular

5 Weak

Size

annual sales of £2.8m, make it smaller than the average company (£3.5m)

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.3%)

EXPORT

Davies St Limited's latest turnover from June 2023 is £2.8 million and the company has net assets of £1.8 million. According to their latest financial statements, Davies St Limited has 29 employees and maintains cash reserves of £63.8 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	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	2,756,595	2,621,892	2,426,004	2,286,405	2,127,836	2,399,642	1,910,433	3,105,763	5,708,834	2,753,954	1,614,549	1,225,708	1,012,389	414,613
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	643,390	582,094	1,254,020	740,749	366,846	282,314	564,724	1,768,301	3,125,691	1,569,064	878,950	633,301	507,474	225,874
Gross Profit	2,113,205	2,039,798	1,171,984	1,545,656	1,760,990	2,117,328	1,345,709	1,337,462	2,583,143	1,184,889	735,599	592,407	504,915	188,739
Admin Expenses	1,626,180	1,709,537	1,010,351	1,096,484	1,753,669	1,854,823	1,489,030	1,587,492	2,482,573	1,052,325	756,939	368,803	330,827	576,427
Operating Profit	487,025	330,261	161,633	449,172	7,321	262,505	-143,321	-250,030	100,570	132,564	-21,340	223,604	174,088	-387,688
Interest Payable	0	0	0	0	0	3	13,646	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	1,288	1,171	992	963	465	226	81
Pre-Tax Profit	487,025	330,261	161,633	449,172	19,027	244,233	-118,687	-248,742	101,741	133,556	-20,377	224,069	174,314	-387,607
Tax	11,747	11,596	19,789	15,747	-12,905	-30,865	-24,014	0	-21,366	-30,718	0	-58,258	-48,808	0
Profit After Tax	498,772	341,857	181,422	464,919	6,122	213,368	-142,701	-248,742	80,375	102,838	-20,377	165,811	125,506	-387,607
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	498,772	341,857	181,422	464,919	6,122	213,368	-142,701	-248,742	80,375	102,838	-20,377	165,811	125,506	-387,607
Employee Costs	0	0	2,145,036	1,431,353	977,968	1,245,756	1,187,963	4,048,961	1,876,372	977,259	574,413	469,216	352,588	146,986
Number Of Employees	29	31	40	27	22	24	32	75	35	18	11	9	7	3
EBITDA*	717,670	570,568	432,893	652,847	167,017	277,775	-136,107	-241,950	124,018	150,177	-7,056	235,736	183,585	-378,914

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	3,495	4,993	0	0	1,345	4,708	12,618	15,254	30,908	23,348	15,998	12,306	2,785	2,569
Intangible Assets	889,401	490,268	303,075	381,335	304,904	197,280	0	0	105,000	112,500	120,000	127,500	135,000	142,500
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	892,896	495,261	303,075	381,335	306,249	201,988	12,618	15,254	135,908	135,848	135,998	139,806	137,785	145,069
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	399,252	621,111	294,875	374,510	417,031	468,643	323,809	454,090	1,667,893	752,162	439,303	333,575	161,142	55,338
Group Debtors	1,918,942	1,736,496	1,672,212	451,695	201,870	50,375	83	0	0	0	0	0	0	0
Misc Debtors	446,669	194,023	30,833	92,239	13,946	7,701	53,927	0	0	0	400	400	0	0
Cash	63,827	178,452	243,660	95,837	8,030	55,245	309,663	186,356	328,937	139,426	257,360	127,847	58,026	32,370
misc current assets	0	0	0	0	229	13,134	0	4,563	0	0	0	0	0	0
total current assets	2,828,690	2,730,082	2,241,580	1,014,281	641,106	595,098	687,482	645,009	1,996,830	891,588	697,063	461,822	219,168	87,708
total assets	3,721,586	3,225,343	2,544,655	1,395,616	947,355	797,086	700,100	660,263	2,132,738	1,027,436	833,061	601,628	356,953	232,777
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	25,676	33,732	40,225	48,192	21,461	39,801	88,531	265,659	1,356,569	335,465	239,928	169,118	86,254	93,584
Group/Directors Accounts	1,597,102	1,613,889	1,241,711	392,984	272,068	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	305,960	296,475	333,380	186,734	176,685	286,266	353,918	0	0	0	0	0	0	0
total current liabilities	1,928,738	1,944,096	1,615,316	627,910	470,214	326,067	442,449	265,659	1,356,569	335,465	239,928	169,118	86,254	93,584
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	1,000	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	306,748	300,000	430,000	430,000	434,000	378,000	382,000	376,000
provisions	32,412	19,583	9,532	29,321	0	0	0	0	3,823	0	0	0	0	0
total long term liabilities	32,412	19,583	9,532	29,321	0	0	306,748	301,000	433,823	430,000	434,000	378,000	382,000	376,000
total liabilities	1,961,150	1,963,679	1,624,848	657,231	470,214	326,067	749,197	566,659	1,790,392	765,465	673,928	547,118	468,254	469,584
net assets	1,760,436	1,261,664	919,807	738,385	477,141	471,019	-49,097	93,604	342,346	261,971	159,133	54,510	-111,301	-236,807
total shareholders funds	1,760,436	1,261,664	919,807	738,385	477,141	471,019	-49,097	93,604	342,346	261,971	159,133	54,510	-111,301	-236,807

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	487,025	330,261	161,633	449,172	7,321	262,505	-143,321	-250,030	100,570	132,564	-21,340	223,604	174,088	-387,688
Depreciation	1,498	0	0	1,344	3,564	7,909	7,214	8,080	15,948	10,113	6,784	4,632	1,997	1,274
Amortisation	229,147	240,307	271,260	202,331	156,132	7,361	0	0	7,500	7,500	7,500	7,500	7,500	7,500
Tax	11,747	11,596	19,789	15,747	-12,905	-30,865	-24,014	0	-21,366	-30,718	0	-58,258	-48,808	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	213,233	553,710	1,079,476	285,597	106,128	148,900	-76,271	-1,213,803	915,731	312,459	105,728	172,833	105,804	55,338
Creditors	-8,056	-6,493	-7,967	26,731	-18,340	-48,730	-177,128	-1,090,910	1,021,104	95,537	70,810	82,864	-7,330	93,584
Accruals and Deferred Income	9,485	-36,905	146,646	10,049	-109,581	-67,652	352,918	1,000	0	0	0	0	0	0
Deferred Taxes & Provisions	12,829	10,051	-19,789	29,321	0	0	0	-3,823	3,823	0	0	0	0	0
Cash flow from operations	530,442	-4,893	-507,904	449,098	-79,937	-18,372	91,940	-121,880	211,848	-97,463	-41,974	87,509	21,643	-340,668
Investing Activities
capital expenditure	-628,280	-432,493	-193,000	-278,761	-263,957	-204,640	-4,578	112,574	-23,508	-17,463	-10,476	-14,153	-2,213	-153,843
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-628,280	-432,493	-193,000	-278,761	-263,957	-204,640	-4,578	112,574	-23,508	-17,463	-10,476	-14,153	-2,213	-153,843
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-16,787	372,178	848,727	120,916	272,068	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	-306,748	6,748	-130,000	0	-4,000	56,000	-4,000	6,000	376,000
share issue	0	0	0	-203,675	0	306,748	0	0	0	0	125,000	0	0	150,800
interest	0	0	0	0	0	-3	-13,646	1,288	1,171	992	963	465	226	81
cash flow from financing	-16,787	372,178	848,727	-82,759	272,068	-3	-6,898	-128,712	1,171	-3,008	181,963	-3,535	6,226	526,881
cash and cash equivalents
cash	-114,625	-65,208	147,823	87,807	-47,215	-254,418	123,307	-142,581	189,511	-117,934	129,513	69,821	25,656	32,370
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-114,625	-65,208	147,823	87,807	-47,215	-254,418	123,307	-142,581	189,511	-117,934	129,513	69,821	25,656	32,370

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for davies st limited. Get real-time insights into davies st limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for davies st limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.

DAVIES ST LIMITED group structure

Davies St Limited has no subsidiary companies.

Ultimate parent company

DAVIES BIDCO LTD

#0127498

DAVIES GROUP LIMITED

06479822

2 parents

DAVIES ST LIMITED

06142958

DAVIES ST LIMITED Shareholders

davies group limited

100%

Davies St Limited currently has 4 directors. The longest serving directors include Mr Darren Coombes (Oct 2017) and Mr Mark Grocott (Dec 2024).

officer	country	age	start	end	role
Mr Darren Coombes	United Kingdom	57 years	Oct 2017	-	Director
Mr Mark Grocott	United Kingdom	49 years	Dec 2024	-	Director
Mr Matthew Button	United Kingdom	37 years	Jan 2025	-	Director
Ms Amber Wilkinson	England	45 years	Jan 2025	-	Director

P&L

June 2023

turnover

2.8m

+5%

operating profit

487k

+47%

gross margin

76.7%

-1.46%

turnover

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

Balance Sheet

June 2023

net assets

1.8m

+0.4%

total assets

3.7m

+0.15%

cash

63.8k

-0.64%

net assets

Total assets minus all liabilities

Similar Companies

iris software systems limited

triptease limited

4.5

district technologies limited

hullabalook ltd

3.5

stellar trading systems limited

company number

06142958

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

March 2007

ultimate parent company

DAVIES BIDCO LTD

previous names

davies technology solutions limited (June 2024)

servicetick ltd (November 2021)

address

5th floor 20 gracechurch street, london, EC3V 0BG

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 4 charges/mortgages relating to davies st limited. Currently there are 3 open charges and 1 have been satisfied in the past.

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 DAVIES ST LIMITED. This can take several minutes, an email will notify you when this has completed.

davies st limited Company Information

davies st limited Estimated Valuation

davies st limited Estimated Valuation

davies st limited Estimated Valuation

Davies St Limited Overview

Davies St Limited Health Check

DAVIES ST LIMITED financials

davies st limited Credit Report and Business Information

Davies St Limited Competitor Analysis

davies st limited Ownership

davies st limited directors

davies st limited company details

davies st limited Charges & Mortgages

davies st limited Capital Raised & Share Issues BETA

davies st limited Companies House Filings - See Documents