draper weddings ltd

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draper weddings ltd Company Information

Share DRAPER WEDDINGS LTD

Company Number

07923530

Shareholders

jonathan james draper

emma louise draper

Group Structure

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Industry

Retail sale of clothing in specialised stores

 +1

Registered Address

7 oxford road, altrincham, cheshire, WA14 2DY

Website

-

draper weddings ltd Estimated Valuation

£66.3k

Pomanda estimates the enterprise value of DRAPER WEDDINGS LTD at £66.3k based on a Turnover of £176.7k and 0.38x industry multiple (adjusted for size and gross margin).

draper weddings ltd Estimated Valuation

£36.1k

Pomanda estimates the enterprise value of DRAPER WEDDINGS LTD at £36.1k based on an EBITDA of £9.7k and a 3.73x industry multiple (adjusted for size and gross margin).

draper weddings ltd Estimated Valuation

£92.8k

Pomanda estimates the enterprise value of DRAPER WEDDINGS LTD at £92.8k based on Net Assets of £44.7k and 2.07x industry multiple (adjusted for liquidity).

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Draper Weddings Ltd Overview

Draper Weddings Ltd is a live company located in cheshire, WA14 2DY with a Companies House number of 07923530. It operates in the retail sale of clothing in specialised stores sector, SIC Code 47710. Founded in January 2012, it's largest shareholder is jonathan james draper with a 50% stake. Draper Weddings Ltd is a established, micro sized company, Pomanda has estimated its turnover at £176.7k with healthy growth in recent years.

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Draper Weddings Ltd Health Check

Pomanda's financial health check has awarded Draper Weddings Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 10 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

10 Weak

size

Size

annual sales of £176.7k, make it smaller than the average company (£6.1m)

£176.7k - Draper Weddings Ltd

£6.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (17.9%)

9% - Draper Weddings Ltd

17.9% - Industry AVG

production

Production

with a gross margin of 48.7%, this company has a higher cost of product (62.2%)

48.7% - Draper Weddings Ltd

62.2% - Industry AVG

profitability

Profitability

an operating margin of 5.2% make it less profitable than the average company (16.4%)

5.2% - Draper Weddings Ltd

16.4% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (35)

3 - Draper Weddings Ltd

35 - Industry AVG

paystructure

Pay Structure

on an average salary of £20k, the company has an equivalent pay structure (£20k)

£20k - Draper Weddings Ltd

£20k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £58.9k, this is less efficient (£109.7k)

£58.9k - Draper Weddings Ltd

£109.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is later than average (41 days)

67 days - Draper Weddings Ltd

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 449 days, this is slower than average (44 days)

449 days - Draper Weddings Ltd

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 440 days, this is more than average (169 days)

440 days - Draper Weddings Ltd

169 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (37 weeks)

16 weeks - Draper Weddings Ltd

37 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.2%, this is a higher level of debt than the average (63.2%)

75.2% - Draper Weddings Ltd

63.2% - Industry AVG

DRAPER WEDDINGS LTD financials

EXPORTms excel logo

Draper Weddings Ltd's latest turnover from January 2024 is estimated at £176.7 thousand and the company has net assets of £44.7 thousand. According to their latest financial statements, Draper Weddings Ltd has 3 employees and maintains cash reserves of £35.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013
Turnover176,659115,035118,452136,132123,884101,00072,32779,733137,843139,007104,72983,251
Other Income Or Grants
Cost Of Sales90,55356,63473,21048,75250,63941,29828,64039,98768,15666,75044,42639,203
Gross Profit86,10658,40145,24287,38073,24559,70243,68739,74669,68872,25760,30344,048
Admin Expenses76,96246,55342,55765,02865,20360,26257,72526,91369,27071,09656,36743,515
Operating Profit9,14411,8482,68522,3528,042-560-14,03812,8334181,1613,936533
Interest Payable37416866
Interest Receivable1,07329332766728385936
Pre-Tax Profit10,21712,1412,71722,3228,007-622-14,10312,8404461,1993,995568
Tax-2,554-2,307-516-4,241-1,521-2,568-89-252-919-136
Profit After Tax7,6639,8342,20118,0816,486-622-14,10310,2723579473,076432
Dividends Paid
Retained Profit7,6639,8342,20118,0816,486-622-14,10310,2723579473,076432
Employee Costs59,89775,11867,07082,02863,11815,91515,32019,15528,19925,59225,38123,000
Number Of Employees343541111111
EBITDA*9,67012,2283,06522,5098,154927-13,66916,6004,1845,5207,8303,272

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013
Tangible Assets2,1019811,3616291122,4749965,5968,0419,8607,910
Intangible Assets6001,2001,8002,400
Investments & Other
Debtors (Due After 1 year)3,0003,0003,0003,0001,000
Total Fixed Assets2,1019811,3613,6293,0003,1125,4749966,19610,24111,66010,310
Stock & work in progress109,265109,265109,265109,265109,265109,265109,265109,265101,953113,57562,11336,640
Trade Debtors32,72116,0638,97322,7951,0006,9341,0001,00033,78141,54828,80213,083
Group Debtors
Misc Debtors
Cash35,9474,94411,79714,0741,550885,3615,9439,21014,210
misc current assets
total current assets177,933130,272130,035146,134110,265117,749110,265110,353141,095161,066100,12563,933
total assets180,034131,253131,396149,763113,265120,861115,739111,349147,291171,307111,78574,243
Bank overdraft1,2102,016
Bank loan
Trade Creditors 111,56360,45960,43674,375104,956120,402112,64296,165142,379165,144106,20572,243
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities111,56360,45960,43674,375106,166120,402114,65896,165142,379165,144106,20572,243
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities23,33333,33343,33350,000
provisions4144004003621541,6081,9721,468
total long term liabilities23,74733,73343,73350,3621541,6081,9721,468
total liabilities135,31094,192104,169124,737106,320120,402114,65896,165142,379166,752108,17773,711
net assets44,72437,06127,22725,0266,9454591,08115,1844,9124,5553,608532
total shareholders funds44,72437,06127,22725,0266,9454591,08115,1844,9124,5553,608532
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013
Operating Activities
Operating Profit9,14411,8482,68522,3528,042-560-14,03812,8334181,1613,936533
Depreciation5263803801571121,4873693,1673,1663,7593,2942,139
Amortisation600600600600600
Tax-2,554-2,307-516-4,241-1,521-2,568-89-252-919-136
Stock7,312-11,62251,46225,47336,640
Debtors16,6587,090-16,82221,795-5,9345,9343,000-32,781-8,76713,74615,71913,083
Creditors51,10423-13,939-30,581-15,4467,76016,477-46,214-22,76558,93933,96272,243
Accruals and Deferred Income
Deferred Taxes & Provisions1438208154-1,608-3645041,468
Cash flow from operations41,5762,8545,470-33,900-2,7252,753-192-6,713111-1,36518527,124
Investing Activities
capital expenditure-1,646-1,112-786875-1,8471,433-721-1,940-5,244-13,049
Change in Investments
cash flow from investments-1,646-1,112-786875-1,8471,433-721-1,940-5,244-13,049
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-10,000-10,000-6,66750,000
share issue100
interest1,07329332-30-35-62-66728385936
cash flow from financing-8,927-9,707-6,63549,970-35-62-667283859136
cash and cash equivalents
cash31,003-6,853-2,27714,074-1,5501,550-88-5,273-582-3,267-5,00014,210
overdraft-1,2101,210-2,0162,016
change in cash31,003-6,853-2,27715,284-2,7603,566-2,104-5,273-582-3,267-5,00014,210

draper weddings ltd 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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Draper Weddings Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for draper weddings ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in WA14 area or any other competitors across 12 key performance metrics.

draper weddings ltd Ownership

DRAPER WEDDINGS LTD group structure

Draper Weddings Ltd has no subsidiary companies.

Ultimate parent company

DRAPER WEDDINGS LTD

07923530

DRAPER WEDDINGS LTD Shareholders

jonathan james draper 50%
emma louise draper 50%

draper weddings ltd directors

Draper Weddings Ltd currently has 2 directors. The longest serving directors include Mrs Emma Draper (Jan 2012) and Mr Jonathan Draper (Jan 2012).

officercountryagestartendrole
Mrs Emma Draper45 years Jan 2012- Director
Mr Jonathan Draper45 years Jan 2012- Director

P&L

January 2024

turnover

176.7k

+54%

operating profit

9.1k

0%

gross margin

48.8%

-3.99%

turnover

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

Balance Sheet

January 2024

net assets

44.7k

+0.21%

total assets

180k

+0.37%

cash

35.9k

+6.27%

net assets

Total assets minus all liabilities

draper weddings ltd company details

company number

07923530

Type

Private limited with Share Capital

industry

47710 - Retail sale of clothing in specialised stores

74202 - Other specialist photography (not including portrait photography)

incorporation date

January 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

January 2024

previous names

jonny draper photography limited (August 2012)

accountant

-

auditor

-

address

7 oxford road, altrincham, cheshire, WA14 2DY

Bank

-

Legal Advisor

-

draper weddings ltd 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 draper weddings ltd.

draper weddings ltd 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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draper weddings ltd Companies House Filings - See Documents

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