david zwirner limited
david zwirner limited Company Information
Company Number
07773367
Website
davidzwirner.comRegistered Address
24 grafton street, london, W1S 4EZ
Industry
Retail sale in commercial art galleries
Telephone
02035383165
Next Accounts Due
September 2024
Group Structure
View All
Directors
David Zwirner12 Years
Shareholders
dzgi llc 100%
david zwirner limited Estimated Valuation
Pomanda estimates the enterprise value of DAVID ZWIRNER LIMITED at £21.4m based on a Turnover of £40.8m and 0.52x industry multiple (adjusted for size and gross margin).
david zwirner limited Estimated Valuation
Pomanda estimates the enterprise value of DAVID ZWIRNER LIMITED at £20m based on an EBITDA of £3.1m and a 6.52x industry multiple (adjusted for size and gross margin).
david zwirner limited Estimated Valuation
Pomanda estimates the enterprise value of DAVID ZWIRNER LIMITED at £37.9m based on Net Assets of £23m and 1.65x industry multiple (adjusted for liquidity).
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David Zwirner Limited Overview
David Zwirner Limited is a live company located in london, W1S 4EZ with a Companies House number of 07773367. It operates in the retail sale in commercial art galleries sector, SIC Code 47781. Founded in September 2011, it's largest shareholder is dzgi llc with a 100% stake. David Zwirner Limited is a established, large sized company, Pomanda has estimated its turnover at £40.8m with declining growth in recent years.
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David Zwirner Limited Health Check
Pomanda's financial health check has awarded David Zwirner Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £40.8m, make it larger than the average company (£10.2m)
£40.8m - David Zwirner Limited
£10.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (2.2%)
-13% - David Zwirner Limited
2.2% - Industry AVG
Production
with a gross margin of 19.4%, this company has a higher cost of product (26.3%)
19.4% - David Zwirner Limited
26.3% - Industry AVG
Profitability
an operating margin of 6.9% make it as profitable than the average company (6.7%)
6.9% - David Zwirner Limited
6.7% - Industry AVG
Employees
with 31 employees, this is above the industry average (9)
31 - David Zwirner Limited
9 - Industry AVG
Pay Structure
on an average salary of £106.8k, the company has a higher pay structure (£71.9k)
£106.8k - David Zwirner Limited
£71.9k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£872.6k)
£1.3m - David Zwirner Limited
£872.6k - Industry AVG
Debtor Days
it gets paid by customers after 564 days, this is later than average (24 days)
564 days - David Zwirner Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 508 days, this is slower than average (50 days)
508 days - David Zwirner Limited
50 days - Industry AVG
Stock Days
it holds stock equivalent to 123 days, this is less than average (246 days)
123 days - David Zwirner Limited
246 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (23 weeks)
0 weeks - David Zwirner Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.9%, this is a higher level of debt than the average (65.3%)
79.9% - David Zwirner Limited
65.3% - Industry AVG
DAVID ZWIRNER LIMITED financials
David Zwirner Limited's latest turnover from December 2022 is £40.8 million and the company has net assets of £23 million. According to their latest financial statements, David Zwirner Limited has 31 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 40,788,848 | 39,221,905 | 25,944,175 | 61,257,859 | 42,612,111 | 32,973,739 | 45,946,508 | 29,217,735 | 20,722,685 | 20,362,518 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 32,886,044 | 31,178,737 | 20,109,925 | 48,204,671 | 33,267,621 | 27,319,892 | 37,237,461 | 23,351,012 | 17,735,459 | 17,202,540 | |
| Gross Profit | 7,902,804 | 8,043,168 | 5,834,250 | 13,053,188 | 9,344,490 | 5,653,847 | 8,709,047 | 5,866,723 | 2,987,226 | 3,159,978 | |
| Admin Expenses | 5,095,375 | 3,080,263 | 4,562,544 | 7,412,690 | 2,597,550 | 5,720,826 | 2,820,758 | 3,749,371 | 2,706,700 | 2,826,455 | |
| Operating Profit | 2,807,429 | 4,962,905 | 1,271,706 | 5,640,498 | 6,746,940 | -66,979 | 5,888,289 | 2,117,352 | 280,526 | 333,523 | |
| Interest Payable | 732,736 | 2,597 | 8,119 | 0 | 0 | 0 | 0 | 0 | 5 | 187 | |
| Interest Receivable | 582,717 | 0 | 141 | 674 | 517 | 194 | 309 | 429 | 1,718 | 0 | |
| Pre-Tax Profit | 2,657,410 | 4,960,308 | 1,263,728 | 5,641,172 | 6,747,457 | -66,785 | 5,888,598 | 2,117,781 | 282,239 | 333,710 | |
| Tax | -583,345 | -986,623 | -291,882 | -1,129,258 | -1,311,285 | -49,589 | -1,236,077 | -469,061 | -18,292 | 0 | |
| Profit After Tax | 2,074,065 | 3,973,685 | 971,846 | 4,511,914 | 5,436,172 | -116,374 | 4,652,521 | 1,648,720 | 263,947 | 333,710 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 2,074,065 | 3,973,685 | 971,846 | 4,511,914 | 5,436,172 | -116,374 | 4,652,521 | 1,648,720 | 263,947 | 333,710 | |
| Employee Costs | 3,312,020 | 2,515,060 | 2,191,116 | 3,011,156 | 3,775,854 | 2,646,063 | 1,743,911 | 1,786,785 | 989,200 | 837,901 | |
| Number Of Employees | 31 | 25 | 24 | 27 | 25 | 21 | 21 | 20 | |||
| EBITDA* | 3,064,333 | 5,186,967 | 1,508,497 | 5,868,859 | 6,972,747 | 184,809 | 6,134,137 | 2,364,913 | 495,457 | 505,217 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,498,145 | 1,134,077 | 1,308,730 | 1,529,931 | 1,722,315 | 1,931,565 | 2,165,225 | 2,320,176 | 2,593,646 | 2,305,843 | 1,829,882 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 630,000 | 630,000 | 630,000 | 630,000 | 630,000 | 630,000 | 630,000 | 630,000 | 630,000 | 630,000 | 630,000 |
| Total Fixed Assets | 2,128,145 | 1,764,077 | 1,938,730 | 2,159,931 | 2,352,315 | 2,561,565 | 2,795,225 | 2,950,176 | 3,223,646 | 2,935,843 | 2,459,882 |
| Stock & work in progress | 11,162,760 | 0 | 0 | 0 | 0 | 0 | 0 | 79,886 | 0 | 0 | 25,157 |
| Trade Debtors | 63,078,367 | 47,866,723 | 33,188,355 | 8,761,469 | 16,086,299 | 8,731,379 | 13,104,115 | 15,414,400 | 5,938,909 | 4,418,573 | 515,565 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 36,900,473 | 39,762,609 | 32,671,119 | 46,132,953 | 25,856,718 | 16,138,502 | 13,827,242 | 2,411,709 | 613,904 | 985,718 | 0 |
| Cash | 1,012,985 | 2,984,668 | 1,164,051 | 4,100,715 | 8,403,331 | 684,567 | 5,047,967 | 4,467,466 | 3,817,225 | 953,935 | 575,256 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 112,154,585 | 90,614,000 | 67,023,525 | 58,995,137 | 50,346,348 | 25,554,448 | 31,979,324 | 22,373,461 | 10,370,038 | 6,358,226 | 1,115,978 |
| total assets | 114,282,730 | 92,378,077 | 68,962,255 | 61,155,068 | 52,698,663 | 28,116,013 | 34,774,549 | 25,323,637 | 13,593,684 | 9,294,069 | 3,575,860 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 45,812,379 | 30,621,199 | 23,734,376 | 26,642,125 | 18,064,548 | 9,847,465 | 9,710,552 | 654,216 | 9,018,154 | 4,306,528 | 4,306,580 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 45,141,079 | 40,563,628 | 28,070,271 | 18,389,139 | 23,084,182 | 12,216,744 | 18,895,819 | 23,153,764 | 1,403,043 | 5,384,551 | 0 |
| total current liabilities | 90,953,458 | 71,184,827 | 51,804,647 | 45,031,264 | 41,148,730 | 22,064,209 | 28,606,371 | 23,807,980 | 10,421,197 | 9,691,079 | 4,306,580 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,305,550 | 0 | 0 |
| provisions | 309,786 | 247,829 | 185,872 | 123,914 | 61,957 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 309,786 | 247,829 | 185,872 | 123,914 | 61,957 | 0 | 0 | 0 | 3,305,550 | 0 | 0 |
| total liabilities | 91,263,244 | 71,432,656 | 51,990,519 | 45,155,178 | 41,210,687 | 22,064,209 | 28,606,371 | 23,807,980 | 13,726,747 | 9,691,079 | 4,306,580 |
| net assets | 23,019,486 | 20,945,421 | 16,971,736 | 15,999,890 | 11,487,976 | 6,051,804 | 6,168,178 | 1,515,657 | -133,063 | -397,010 | -730,720 |
| total shareholders funds | 23,019,486 | 20,945,421 | 16,971,736 | 15,999,890 | 11,487,976 | 6,051,804 | 6,168,178 | 1,515,657 | -133,063 | -397,010 | -730,720 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 2,807,429 | 4,962,905 | 1,271,706 | 5,640,498 | 6,746,940 | -66,979 | 5,888,289 | 2,117,352 | 280,526 | 333,523 | |
| Depreciation | 256,904 | 224,062 | 236,791 | 228,361 | 225,807 | 251,788 | 245,848 | 247,561 | 214,931 | 171,694 | 48,817 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -583,345 | -986,623 | -291,882 | -1,129,258 | -1,311,285 | -49,589 | -1,236,077 | -469,061 | -18,292 | 0 | |
| Stock | 11,162,760 | 0 | 0 | 0 | 0 | 0 | -79,886 | 79,886 | 0 | -25,157 | 25,157 |
| Debtors | 12,349,508 | 21,769,858 | 10,965,052 | 12,951,405 | 17,073,136 | -2,061,476 | 9,105,248 | 11,273,296 | 1,148,522 | 4,888,726 | 1,145,565 |
| Creditors | 15,191,180 | 6,886,823 | -2,907,749 | 8,577,577 | 8,217,083 | 136,913 | 9,056,336 | -8,363,938 | 4,711,626 | -52 | 4,306,580 |
| Accruals and Deferred Income | 4,577,451 | 12,493,357 | 9,681,132 | -4,695,043 | 10,867,438 | -6,679,075 | -4,257,945 | 21,750,721 | -3,981,508 | 5,384,551 | 0 |
| Deferred Taxes & Provisions | 61,957 | 61,957 | 61,958 | 61,957 | 61,957 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,200,692 | 1,872,623 | -2,913,096 | -4,267,313 | 7,734,804 | -4,345,466 | 671,089 | 3,929,453 | 58,761 | 1,026,147 | |
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -18,128 | -90,897 | 25,909 | -502,734 | -647,655 | |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -18,128 | -90,897 | 25,909 | -502,734 | -647,655 | |
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,305,550 | 3,305,550 | 0 | 0 |
| share issue | |||||||||||
| interest | -150,019 | -2,597 | -7,978 | 674 | 517 | 194 | 309 | 429 | 1,713 | -187 | |
| cash flow from financing | -150,019 | -2,597 | -7,978 | 674 | 517 | 194 | 309 | -3,305,121 | 3,307,263 | -187 | |
| cash and cash equivalents | |||||||||||
| cash | -1,971,683 | 1,820,617 | -2,936,664 | -4,302,616 | 7,718,764 | -4,363,400 | 580,501 | 650,241 | 2,863,290 | 378,679 | 575,256 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,971,683 | 1,820,617 | -2,936,664 | -4,302,616 | 7,718,764 | -4,363,400 | 580,501 | 650,241 | 2,863,290 | 378,679 | 575,256 |
david zwirner limited Credit Report and Business Information
David Zwirner Limited Competitor Analysis
Perform a competitor analysis for david zwirner limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
david zwirner limited Ownership
DAVID ZWIRNER LIMITED group structure
David Zwirner Limited has no subsidiary companies.
Ultimate parent company
DZGI LLC
#0080904
1 parent
DAVID ZWIRNER LIMITED
07773367
david zwirner limited directors
David Zwirner Limited currently has 1 director, Mr David Zwirner serving since Sep 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Zwirner | United Kingdom | 59 years | Sep 2011 | - | Director |
P&L
December 2022turnover
40.8m
+4%
operating profit
2.8m
-43%
gross margin
19.4%
-5.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
23m
+0.1%
total assets
114.3m
+0.24%
cash
1m
-0.66%
net assets
Total assets minus all liabilities
Similar Companies
david zwirner limited company details
company number
07773367
Type
Private limited with Share Capital
industry
47781 - Retail sale in commercial art galleries
incorporation date
September 2011
age
13
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
24 grafton street, london, W1S 4EZ
last accounts submitted
December 2022
david zwirner 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 david zwirner limited. Currently there are 1 open charges and 0 have been satisfied in the past.
david zwirner limited Companies House Filings - See Documents
| date | description | view/download |
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