dray decorators limited

Live EstablishedMicroDeclining

dray decorators limited Company Information

Share DRAY DECORATORS LIMITED

Company Number

07221127

Shareholders

dragomir golemanov

Group Structure

View All

Industry

Painting

 

Registered Address

29 chatsworth drive, enfield, middlesex, EN1 1EY

dray decorators limited Estimated Valuation

£37k

Pomanda estimates the enterprise value of DRAY DECORATORS LIMITED at £37k based on a Turnover of £84k and 0.44x industry multiple (adjusted for size and gross margin).

dray decorators limited Estimated Valuation

£123.2k

Pomanda estimates the enterprise value of DRAY DECORATORS LIMITED at £123.2k based on an EBITDA of £30.1k and a 4.09x industry multiple (adjusted for size and gross margin).

dray decorators limited Estimated Valuation

£12k

Pomanda estimates the enterprise value of DRAY DECORATORS LIMITED at £12k based on Net Assets of £4.6k and 2.59x industry multiple (adjusted for liquidity).

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Dray Decorators Limited Overview

Dray Decorators Limited is a live company located in middlesex, EN1 1EY with a Companies House number of 07221127. It operates in the painting sector, SIC Code 43341. Founded in April 2010, it's largest shareholder is dragomir golemanov with a 100% stake. Dray Decorators Limited is a established, micro sized company, Pomanda has estimated its turnover at £84k with declining growth in recent years.

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Dray Decorators Limited Health Check

Pomanda's financial health check has awarded Dray Decorators Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £84k, make it smaller than the average company (£131.1k)

£84k - Dray Decorators Limited

£131.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (15.8%)

-15% - Dray Decorators Limited

15.8% - Industry AVG

production

Production

with a gross margin of 34.9%, this company has a comparable cost of product (34.9%)

34.9% - Dray Decorators Limited

34.9% - Industry AVG

profitability

Profitability

an operating margin of 18.3% make it more profitable than the average company (9.5%)

18.3% - Dray Decorators Limited

9.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Dray Decorators Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.7k, the company has an equivalent pay structure (£25.7k)

£25.7k - Dray Decorators Limited

£25.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £84k, this is equally as efficient (£84k)

£84k - Dray Decorators Limited

£84k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Dray Decorators Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Dray Decorators Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Dray Decorators Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Dray Decorators Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.5%, this is a higher level of debt than the average (61.8%)

95.5% - Dray Decorators Limited

61.8% - Industry AVG

DRAY DECORATORS LIMITED financials

EXPORTms excel logo

Dray Decorators Limited's latest turnover from April 2024 is estimated at £84 thousand and the company has net assets of £4.6 thousand. According to their latest financial statements, Dray Decorators Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011
Turnover83,97885,33279,573136,249158,091186,57175,841232,81391,25681,162162,013188,544221,528213,022
Other Income Or Grants00000000000000
Cost Of Sales54,70157,74950,25391,788113,980134,89049,562144,01162,71557,353120,790135,380183,825179,683
Gross Profit29,27827,58329,32144,46144,11151,68126,27888,80128,54223,80941,22353,16437,70333,339
Admin Expenses13,88117,58322,33143,76656,51937,83923,86887,53928,57423,87634,10729,85629,26011,789
Operating Profit15,39710,0006,990695-12,40813,8422,4101,262-32-677,11623,3088,44321,550
Interest Payable11,27612,7096,3321,555204584552167000000
Interest Receivable7392,668576316964648220260
Pre-Tax Profit4,860-411,235-829-12,60513,3531,9041,099-24-657,13623,3108,08320,200
Tax-1,2150-23500-2,537-362-20900-1,427-4,662-1,617-4,226
Profit After Tax3,645-411,000-829-12,60510,8161,542890-24-655,70918,6486,46615,974
Dividends Paid00000000006,00025,0009,5006,000
Retained Profit3,645-411,000-829-12,60510,8161,542890-24-65-291-6,352-3,0349,974
Employee Costs25,69726,80227,31448,17560,71034,62270,99296,64432,69730,94662,33822,94721,6476,932
Number Of Employees11122123112233
EBITDA*30,09622,7486,990695-12,40814,0132,6181,5162783107,57723,3088,44321,550

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011
Tangible Assets44,09838,2440007789491,1571,4111,7212,0982,5593,1213,901
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets44,09838,2440007789491,1571,4111,7212,0982,5593,1213,901
Stock & work in progress00000000000000
Trade Debtors0000033,6302,97231,08911,7367,73638,97413,52712,65024,781
Group Debtors00000000000000
Misc Debtors58,05149,63543,5973,5000000000000
Cash028,15797,38456,2285,7757,19518,33603,217062224,46311,11414,658
misc current assets00000000000000
total current assets58,05177,792140,98159,7285,77540,82521,30831,08914,9537,73639,59637,99023,76439,439
total assets102,149116,036140,98159,7285,77541,60322,25732,24616,3649,45741,69440,54926,88543,340
Bank overdraft9,2360009895,68911,6275,358000000
Bank loan00000000000000
Trade Creditors 0000000009,22441,39630,32313,56224,925
Group/Directors Accounts000000005,81000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities7,4234,6822,3469,7053,93422,4577,98925,78910,345009,6376,3828,440
total current liabilities16,6594,6822,3469,7054,92328,14619,61631,14716,1559,22441,39639,96019,94433,365
loans80,863110,372137,61250,0000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities80,863110,372137,61250,0000000000000
total liabilities97,522115,054139,95859,7054,92328,14619,61631,14716,1559,22441,39639,96019,94433,365
net assets4,6279821,0232385213,4572,6411,0992092332985896,9419,975
total shareholders funds4,6279821,0232385213,4572,6411,0992092332985896,9419,975
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011
Operating Activities
Operating Profit15,39710,0006,990695-12,40813,8422,4101,262-32-677,11623,3088,44321,550
Depreciation14,69912,748000171208254310377461000
Amortisation00000000000000
Tax-1,2150-23500-2,537-362-20900-1,427-4,662-1,617-4,226
Stock00000000000000
Debtors8,4166,03840,0973,500-33,63030,658-28,11719,3534,000-31,23825,447877-12,13124,781
Creditors00000000-9,224-32,17211,07316,761-11,36324,925
Accruals and Deferred Income2,7412,336-7,3595,771-18,52314,468-17,80015,44410,3450-9,6373,255-2,0588,440
Deferred Taxes & Provisions00000000000000
Cash flow from operations23,20619,046-40,7012,9662,699-4,71412,573-2,602-2,601-624-17,86137,7855,53625,908
Investing Activities
capital expenditure-20,553-50,99200778000000562780-3,901
Change in Investments00000000000000
cash flow from investments-20,553-50,99200778000000562780-3,901
Financing Activities
Bank loans00000000000000
Group/Directors Accounts0000000-5,8105,81000000
Other Short Term Loans 00000000000000
Long term loans-29,509-27,24087,61250,0000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000000000001
interest-10,537-10,041-5,756-1,524-198-488-506-1638220260
cash flow from financing-40,046-37,28181,85648,476-198-488-506-5,9735,818220261
cash and cash equivalents
cash-28,157-69,22741,15650,453-1,420-11,14118,336-3,2173,217-622-23,84113,349-3,54414,658
overdraft9,23600-989-4,700-5,9386,2695,358000000
change in cash-37,393-69,22741,15651,4423,280-5,20312,067-8,5753,217-622-23,84113,349-3,54414,658

dray decorators 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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Dray Decorators Limited Competitor Analysis

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Perform a competitor analysis for dray decorators limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in EN1 area or any other competitors across 12 key performance metrics.

dray decorators limited Ownership

DRAY DECORATORS LIMITED group structure

Dray Decorators Limited has no subsidiary companies.

Ultimate parent company

DRAY DECORATORS LIMITED

07221127

DRAY DECORATORS LIMITED Shareholders

dragomir golemanov 100%

dray decorators limited directors

Dray Decorators Limited currently has 1 director, Mr Dragomir Golemanov serving since Apr 2010.

officercountryagestartendrole
Mr Dragomir GolemanovEngland53 years Apr 2010- Director

P&L

April 2024

turnover

84k

-2%

operating profit

15.4k

0%

gross margin

34.9%

+7.86%

turnover

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

Balance Sheet

April 2024

net assets

4.6k

+3.71%

total assets

102.1k

-0.12%

cash

0

-1%

net assets

Total assets minus all liabilities

dray decorators limited company details

company number

07221127

Type

Private limited with Share Capital

industry

43341 - Painting

incorporation date

April 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

29 chatsworth drive, enfield, middlesex, EN1 1EY

Bank

-

Legal Advisor

-

dray decorators 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 dray decorators limited.

dray decorators 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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dray decorators limited Companies House Filings - See Documents

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