Pomanda estimates the enterprise value of DEVLIN ELECTRONICS LIMITED at £1.7m based on a Turnover of £2.7m and 0.63x industry multiple (adjusted for size and gross margin).
devlin electronics limitedEstimated Valuation
£1.9m
Pomanda estimates the enterprise value of DEVLIN ELECTRONICS LIMITED at £1.9m based on an EBITDA of £466.4k and a 3.97x industry multiple (adjusted for size and gross margin).
devlin electronics limitedEstimated Valuation
£8m
Pomanda estimates the enterprise value of DEVLIN ELECTRONICS LIMITED at £8m based on Net Assets of £4.5m and 1.79x industry multiple (adjusted for liquidity).
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Devlin Electronics LimitedOverview
Devlin Electronics Limited is a live company located in hampshire, RG22 6PW with a Companies House number of 07732484. It operates in the manufacture of computers and peripheral equipment sector, SIC Code 26200. Founded in August 2011, it's largest shareholder is
anthony carr
with a 24.1% stake. Devlin Electronics Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Devlin Electronics Limited a 4.5 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
Health Rating4.5out of 5
4 Strong
2 Regular
6 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£18.2m)
£2.7m - Devlin Electronics Limited
£18.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.4%)
5% - Devlin Electronics Limited
4.4% - Industry AVG
Production
with a gross margin of 19.3%, this company has a higher cost of product (32.5%)
19.3% - Devlin Electronics Limited
32.5% - Industry AVG
Profitability
an operating margin of 16.2% make it more profitable than the average company (3.6%)
16.2% - Devlin Electronics Limited
3.6% - Industry AVG
Employees
with 22 employees, this is below the industry average (68)
22 - Devlin Electronics Limited
68 - Industry AVG
Pay Structure
on an average salary of £66.1k, the company has an equivalent pay structure (£66.1k)
£66.1k - Devlin Electronics Limited
£66.1k - Industry AVG
Efficiency
resulting in sales per employee of £124.9k, this is less efficient (£240.7k)
£124.9k - Devlin Electronics Limited
£240.7k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (47 days)
82 days - Devlin Electronics Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 150 days, this is slower than average (31 days)
150 days - Devlin Electronics Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 91 days, this is more than average (67 days)
91 days - Devlin Electronics Limited
67 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 236 weeks, this is more cash available to meet short term requirements (19 weeks)
236 weeks - Devlin Electronics Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.9%, this is a lower level of debt than the average (49.3%)
16.9% - Devlin Electronics Limited
49.3% - Industry AVG
DEVLIN ELECTRONICS LIMITED financials
EXPORT
Devlin Electronics Limited's latest turnover from July 2024 is estimated at £2.7 million and the company has net assets of £4.5 million. According to their latest financial statements, Devlin Electronics Limited has 22 employees and maintains cash reserves of £4.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Turnover
2,746,980
2,575,068
2,813,273
2,395,505
2,777,683
3,220,708
2,122,260
1,976,909
3,252,337
2,282,570
1,234,329
1,269,643
1,217,926
Other Income Or Grants
Cost Of Sales
2,217,112
2,073,856
2,290,356
1,940,912
2,231,971
2,654,613
1,757,499
1,618,723
2,579,049
1,836,483
968,318
1,006,860
938,433
Gross Profit
529,868
501,213
522,917
454,592
545,712
566,095
364,761
358,185
673,288
446,087
266,010
262,782
279,493
Admin Expenses
85,653
-254,369
-767,784
-4,804
-136,678
2,529,444
-447,653
84,642
-716,992
-359,991
-12,800
70,290
81,931
Operating Profit
444,215
755,582
1,290,701
459,396
682,390
-1,963,349
812,414
273,543
1,390,280
806,078
278,810
192,492
197,562
Interest Payable
Interest Receivable
203,949
169,501
33,180
1,907
1,383
16,821
15,805
7,020
9,424
4,218
2,229
1,138
409
Pre-Tax Profit
648,164
925,083
1,323,881
461,304
683,773
-1,946,528
828,220
280,563
1,399,704
810,296
281,039
193,630
197,971
Tax
-162,041
-231,271
-251,537
-87,648
-129,917
-157,362
-53,307
-279,941
-162,059
-59,018
-44,535
-47,513
Profit After Tax
486,123
693,812
1,072,344
373,656
553,856
-1,946,528
670,858
227,256
1,119,763
648,237
222,021
149,095
150,458
Dividends Paid
Retained Profit
486,123
693,812
1,072,344
373,656
553,856
-1,946,528
670,858
227,256
1,119,763
648,237
222,021
149,095
150,458
Employee Costs
1,453,534
1,399,115
1,304,897
1,240,823
1,127,450
1,099,409
329,562
274,028
428,383
355,202
176,717
212,188
171,332
Number Of Employees
22
21
21
20
19
19
6
5
9
8
4
5
4
EBITDA*
466,419
781,309
1,320,570
480,229
704,512
-1,956,638
821,361
285,473
1,402,543
822,429
297,979
207,921
216,136
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Tangible Assets
66,613
77,179
89,607
62,499
66,367
20,132
26,843
35,790
36,790
49,053
57,507
46,289
55,721
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
66,613
77,179
89,607
62,499
66,367
20,132
26,843
35,790
36,790
49,053
57,507
46,289
55,721
Stock & work in progress
555,524
743,191
441,680
625,809
446,365
304,831
234,044
214,398
216,504
344,962
72,889
115,899
160,175
Trade Debtors
618,930
452,182
647,103
396,220
683,368
914,421
482,421
455,064
792,090
553,435
316,810
347,169
418,009
Group Debtors
Misc Debtors
Cash
4,151,654
3,617,833
3,162,200
2,146,661
1,667,759
1,097,277
3,388,345
2,933,789
2,682,140
1,087,533
599,755
291,747
163,546
misc current assets
total current assets
5,326,108
4,813,206
4,250,983
3,168,690
2,797,492
2,316,529
4,104,810
3,603,251
3,690,734
1,985,930
989,454
754,815
741,730
total assets
5,392,721
4,890,385
4,340,590
3,231,189
2,863,859
2,336,661
4,131,653
3,639,041
3,727,524
2,034,983
1,046,961
801,104
797,451
Bank overdraft
Bank loan
Trade Creditors
911,270
895,057
1,039,074
1,002,017
1,008,343
1,035,001
883,465
1,061,711
1,377,450
810,672
470,887
324,426
347,243
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
911,270
895,057
1,039,074
1,002,017
1,008,343
1,035,001
883,465
1,061,711
1,377,450
810,672
470,887
324,426
347,243
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
122,625
245,250
provisions
total long term liabilities
122,625
245,250
total liabilities
911,270
895,057
1,039,074
1,002,017
1,008,343
1,035,001
883,465
1,061,711
1,377,450
810,672
470,887
447,051
592,493
net assets
4,481,451
3,995,328
3,301,516
2,229,172
1,855,516
1,301,660
3,248,188
2,577,330
2,350,074
1,224,311
576,074
354,053
204,958
total shareholders funds
4,481,451
3,995,328
3,301,516
2,229,172
1,855,516
1,301,660
3,248,188
2,577,330
2,350,074
1,224,311
576,074
354,053
204,958
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Operating Activities
Operating Profit
444,215
755,582
1,290,701
459,396
682,390
-1,963,349
812,414
273,543
1,390,280
806,078
278,810
192,492
197,562
Depreciation
22,204
25,727
29,869
20,833
22,122
6,711
8,947
11,930
12,263
16,351
19,169
15,429
18,574
Amortisation
Tax
-162,041
-231,271
-251,537
-87,648
-129,917
-157,362
-53,307
-279,941
-162,059
-59,018
-44,535
-47,513
Stock
-187,667
301,511
-184,129
179,444
141,534
70,787
19,646
-2,106
-128,458
272,073
-43,010
-44,276
160,175
Debtors
166,748
-194,921
250,883
-287,148
-231,053
432,000
27,357
-337,026
238,655
236,625
-30,359
-70,840
418,009
Creditors
16,213
-144,017
37,057
-6,326
-26,658
151,536
-178,246
-315,739
566,778
339,785
146,461
-22,817
347,243
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
341,510
299,431
1,039,336
493,959
637,456
-2,307,889
438,750
255,559
1,579,183
491,457
458,791
255,685
-62,318
Investing Activities
capital expenditure
-11,638
-13,299
-56,977
-16,965
-68,357
-10,930
-7,897
-30,387
-5,997
-74,295
Change in Investments
cash flow from investments
-11,638
-13,299
-56,977
-16,965
-68,357
-10,930
-7,897
-30,387
-5,997
-74,295
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-122,625
-122,625
245,250
share issue
6,000
54,500
interest
203,949
169,501
33,180
1,907
1,383
16,821
15,805
7,020
9,424
4,218
2,229
1,138
409
cash flow from financing
203,949
169,501
33,180
1,907
1,383
16,821
15,805
7,020
15,424
4,218
-120,396
-121,487
300,159
cash and cash equivalents
cash
533,821
455,633
1,015,539
478,902
570,482
-2,291,068
454,556
251,649
1,594,607
487,778
308,008
128,201
163,546
overdraft
change in cash
533,821
455,633
1,015,539
478,902
570,482
-2,291,068
454,556
251,649
1,594,607
487,778
308,008
128,201
163,546
devlin electronics 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 devlin electronics limited. Get real-time insights into devlin electronics limited's credit score, group structure and payment trends.
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devlin electronics limited Ownership
DEVLIN ELECTRONICS LIMITED group structure
Devlin Electronics Limited has no subsidiary companies.
Ultimate parent company
DEVLIN ELECTRONICS LIMITED
07732484
DEVLIN ELECTRONICS LIMITED Shareholders
The largest shareholders in Devlin Electronics Limited include Anthony Carr and Nicholas Hoskings.
anthony carr
24.14%
nicholas hoskings
24.14%
adrian charles nigel girling
24.14%
robert kitchin
6.9%
pamela clarke
6.9%
david edwards
6.9%
rudi forde
3.45%
ganchang song
3.45%
devlin electronics limited directors
Devlin Electronics Limited currently has 3 directors.
The longest serving directors include
Mr Rudi Forde (Aug 2018) and
Mr Ganchang Song (Aug 2018).
26200 - Manufacture of computers and peripheral equipment
incorporation date
August 2011
age
14
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
July 2024
previous names
paris 120 limited (November 2011)
accountant
-
auditor
-
address
unit a1 davy close, basingstoke, hampshire, RG22 6PW
Bank
-
Legal Advisor
-
devlin electronics 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 2 charges/mortgages relating to devlin electronics limited. Currently there are 2 open charges and 0 have been satisfied in the past.
devlin electronics 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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devlin electronics limitedCompanies House Filings - See Documents
