devtec limited

Live EstablishedSmallDeclining

devtec limited Company Information

Share DEVTEC LIMITED

Company Number

06185609

Directors

Marc Amblard

Shareholders

marc amblard

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

cambridge house 16 high street, saffron walden, essex, CB10 1AX

devtec limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of DEVTEC LIMITED at £1.6m based on a Turnover of £645.5k and 2.52x industry multiple (adjusted for size and gross margin).

devtec limited Estimated Valuation

£515.7k

Pomanda estimates the enterprise value of DEVTEC LIMITED at £515.7k based on an EBITDA of £104.7k and a 4.93x industry multiple (adjusted for size and gross margin).

devtec limited Estimated Valuation

£415.3k

Pomanda estimates the enterprise value of DEVTEC LIMITED at £415.3k based on Net Assets of £237.9k and 1.75x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Devtec Limited Overview

Devtec Limited is a live company located in essex, CB10 1AX with a Companies House number of 06185609. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2007, it's largest shareholder is marc amblard with a 100% stake. Devtec Limited is a established, small sized company, Pomanda has estimated its turnover at £645.5k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Devtec Limited Health Check

Pomanda's financial health check has awarded Devtec Limited a 2 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 Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £645.5k, make it smaller than the average company (£924.2k)

£645.5k - Devtec Limited

£924.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (4.9%)

-7% - Devtec Limited

4.9% - Industry AVG

production

Production

with a gross margin of 34.7%, this company has a higher cost of product (75.4%)

34.7% - Devtec Limited

75.4% - Industry AVG

profitability

Profitability

an operating margin of 16.2% make it less profitable than the average company (29.6%)

16.2% - Devtec Limited

29.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Devtec Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Devtec Limited

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £645.5k, this is more efficient (£177.3k)

£645.5k - Devtec Limited

£177.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 42 days, this is later than average (30 days)

42 days - Devtec Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1929 days, this is slower than average (38 days)

1929 days - Devtec Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Devtec Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Devtec Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 90.4%, this is a higher level of debt than the average (64%)

90.4% - Devtec Limited

64% - Industry AVG

DEVTEC LIMITED financials

EXPORTms excel logo

Devtec Limited's latest turnover from March 2024 is estimated at £645.5 thousand and the company has net assets of £237.9 thousand. According to their latest financial statements, Devtec Limited has 1 employee and maintains cash reserves of 0 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
Turnover645,450813,483874,397811,088883,316865,053447,633373,53397,22991,09343,6372,5762,31345,487158,634
Other Income Or Grants
Cost Of Sales421,618541,898588,950535,260590,086581,932297,072239,80965,02864,16830,6721,8301,64432,085110,096
Gross Profit223,833271,585285,447275,828293,230283,121150,562133,72332,20126,92512,96574666913,40148,538
Admin Expenses119,134342,254238,590246,176237,574248,643118,251112,4829,58428,92513,3451,06151,16564,113-139,920
Operating Profit104,699-70,66946,85729,65255,65634,47832,31121,24122,617-2,000-380-315-50,496-50,712188,458
Interest Payable
Interest Receivable41115104167192432698363
Pre-Tax Profit104,699-70,66946,85729,65255,65634,47832,31121,28322,733-1,896-213-123-50,064-50,014188,821
Tax-26,175-8,903-5,634-10,575-6,551-6,139-4,256-4,546-52,870
Profit After Tax78,524-70,66937,95424,01845,08127,92726,17217,02618,186-1,896-213-123-50,064-50,014135,951
Dividends Paid
Retained Profit78,524-70,66937,95424,01845,08127,92726,17217,02618,186-1,896-213-123-50,064-50,014135,951
Employee Costs32,32260,74259,08980,53582,17680,99752,35751,14426,24726,02524,78723,98023,93723,38124,821
Number Of Employees122333221111111
EBITDA*104,699-70,66946,85729,65255,65634,47832,31121,24122,617-2,000-380-315-50,496-50,712188,458

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets2,391,6011,525,5931,533,7761,505,0841,502,8971,268,480756,267753,300384,228293,550
Intangible Assets
Investments & Other2222
Debtors (Due After 1 year)
Total Fixed Assets2,391,6011,525,5931,533,7761,505,0841,502,8971,268,480756,267753,300384,228293,5502222
Stock & work in progress
Trade Debtors74,950191,503227,824196,485174,015123,44071,90350,3265009110,00035,915
Group Debtors
Misc Debtors
Cash32,87213,22928,48338,48138,454134,374145,000
misc current assets
total current assets74,950191,503227,824196,485174,015123,44071,90350,32633,37213,32038,48338,48138,454134,374180,915
total assets2,466,5511,717,0961,761,6001,701,5691,676,9121,391,920828,170803,626417,600306,87038,48338,48338,456134,376180,917
Bank overdraft
Bank loan
Trade Creditors 2,228,6911,557,7601,531,5951,509,5181,508,8791,268,968733,145734,773365,672273,1282,8452,6322,48248,33844,865
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,228,6911,557,7601,531,5951,509,5181,508,8791,268,968733,145734,773365,672273,1282,8452,6322,48248,33844,865
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities2,228,6911,557,7601,531,5951,509,5181,508,8791,268,968733,145734,773365,672273,1282,8452,6322,48248,33844,865
net assets237,860159,336230,005192,051168,033122,95295,02568,85351,92833,74235,63835,85135,97486,038136,052
total shareholders funds237,860159,336230,005192,051168,033122,95295,02568,85351,92833,74235,63835,85135,97486,038136,052
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit104,699-70,66946,85729,65255,65634,47832,31121,24122,617-2,000-380-315-50,496-50,712188,458
Depreciation
Amortisation
Tax-26,175-8,903-5,634-10,575-6,551-6,139-4,256-4,546-52,870
Stock
Debtors-116,553-36,32131,33922,47050,57551,53721,57749,826409-9,90910,000-35,91535,915
Creditors670,93126,16522,077639239,911535,823-1,628369,10192,544270,283213150-45,8563,47344,865
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations866,008-8,18328,6922,187234,417512,2132,967336,260110,206278,192-10,167-165-96,352-11,324144,538
Investing Activities
capital expenditure-866,0088,183-28,692-2,187-234,417-512,213-2,967-369,072-90,678-293,550
Change in Investments-22
cash flow from investments-866,0088,183-28,692-2,187-234,417-512,213-2,967-369,072-90,678-293,5502-2
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-101101
interest41115104167192432698363
cash flow from financing-60115104167192432698464
cash and cash equivalents
cash-32,87219,643-15,254-9,99827-95,920-10,626145,000
overdraft
change in cash-32,87219,643-15,254-9,99827-95,920-10,626145,000

devtec limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for devtec limited. Get real-time insights into devtec 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

Devtec Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for devtec limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in CB10 area or any other competitors across 12 key performance metrics.

devtec limited Ownership

DEVTEC LIMITED group structure

Devtec Limited has no subsidiary companies.

Ultimate parent company

DEVTEC LIMITED

06185609

DEVTEC LIMITED Shareholders

marc amblard 100%

devtec limited directors

Devtec Limited currently has 1 director, Mr Marc Amblard serving since Mar 2007.

officercountryagestartendrole
Mr Marc AmblardEngland60 years Mar 2007- Director

P&L

March 2024

turnover

645.5k

-21%

operating profit

104.7k

0%

gross margin

34.7%

+3.87%

turnover

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

Balance Sheet

March 2024

net assets

237.9k

+0.49%

total assets

2.5m

+0.44%

cash

0

0%

net assets

Total assets minus all liabilities

devtec limited company details

company number

06185609

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

March 2007

age

18

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

cambridge house 16 high street, saffron walden, essex, CB10 1AX

Bank

-

Legal Advisor

-

devtec 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 devtec limited.

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

devtec limited Companies House Filings - See Documents

datedescriptionview/download