the drop date limited
the drop date limited Company Information
Company Number
08068818
Website
www.thedropdate.comRegistered Address
5 mercia business village, torwood close, coventry, west midlands, CV4 8HX
Industry
Web portals
Telephone
-
Next Accounts Due
197 days late
Group Structure
View All
Directors
Ryan Barr12 Years
Shareholders
ryan barr 60%
chris aylen 40%
the drop date limited Estimated Valuation
Pomanda estimates the enterprise value of THE DROP DATE LIMITED at £213k based on a Turnover of £248.6k and 0.86x industry multiple (adjusted for size and gross margin).
the drop date limited Estimated Valuation
Pomanda estimates the enterprise value of THE DROP DATE LIMITED at £0 based on an EBITDA of £-16.9k and a 4.02x industry multiple (adjusted for size and gross margin).
the drop date limited Estimated Valuation
Pomanda estimates the enterprise value of THE DROP DATE LIMITED at £23.5k based on Net Assets of £29k and 0.81x industry multiple (adjusted for liquidity).
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The Drop Date Limited Overview
The Drop Date Limited is a live company located in coventry, CV4 8HX with a Companies House number of 08068818. It operates in the web portals sector, SIC Code 63120. Founded in May 2012, it's largest shareholder is ryan barr with a 60% stake. The Drop Date Limited is a established, micro sized company, Pomanda has estimated its turnover at £248.6k with declining growth in recent years.
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The Drop Date Limited Health Check
Pomanda's financial health check has awarded The Drop Date 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
2 Strong
2 Regular
7 Weak
Size
annual sales of £248.6k, make it smaller than the average company (£625.3k)
- The Drop Date Limited
£625.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (5.1%)
- The Drop Date Limited
5.1% - Industry AVG
Production
with a gross margin of 63.1%, this company has a comparable cost of product (63.1%)
- The Drop Date Limited
63.1% - Industry AVG
Profitability
an operating margin of -7.9% make it less profitable than the average company (3.9%)
- The Drop Date Limited
3.9% - Industry AVG
Employees
with 5 employees, this is below the industry average (16)
5 - The Drop Date Limited
16 - Industry AVG
Pay Structure
on an average salary of £46.9k, the company has an equivalent pay structure (£46.9k)
- The Drop Date Limited
£46.9k - Industry AVG
Efficiency
resulting in sales per employee of £49.7k, this is less efficient (£96.7k)
- The Drop Date Limited
£96.7k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (40 days)
- The Drop Date Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is quicker than average (46 days)
- The Drop Date Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Drop Date Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (20 weeks)
57 weeks - The Drop Date Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.2%, this is a higher level of debt than the average (65.6%)
77.2% - The Drop Date Limited
65.6% - Industry AVG
THE DROP DATE LIMITED financials
The Drop Date Limited's latest turnover from May 2022 is estimated at £248.6 thousand and the company has net assets of £29 thousand. According to their latest financial statements, The Drop Date Limited has 5 employees and maintains cash reserves of £60.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 5 | 4 | 3 | 3 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,031 | 10,708 | 12,736 | 14,316 | 5,904 | 6,111 | 5,801 | 2,531 | 721 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,031 | 25,708 | 12,736 | 14,316 | 5,904 | 6,111 | 5,801 | 2,531 | 721 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 21,721 | 35,000 | 118,823 | 132,521 | 50,000 | 44,292 | 40,265 | 41,126 | 19,042 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 36,700 | 16,464 | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 60,798 | 63,220 | 148,939 | 97,348 | 133,463 | 86,637 | 42,927 | 20,973 | 18,898 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 119,219 | 114,684 | 267,762 | 239,869 | 183,463 | 130,929 | 83,192 | 62,099 | 37,940 | 0 |
| total assets | 127,250 | 140,392 | 280,498 | 254,185 | 189,367 | 137,040 | 88,993 | 64,630 | 38,661 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 10,444 | 3,194 | 115,287 | 22,095 | 2,770 | 1,900 | 48,875 | 55,319 | 28,765 | 4,848 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 44,072 | 89,239 | 0 | 77,057 | 136,494 | 115,397 | 0 | 0 | 0 | 0 |
| total current liabilities | 54,516 | 92,433 | 115,287 | 99,152 | 139,264 | 117,297 | 48,875 | 55,319 | 28,765 | 4,848 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 43,722 | 0 | 333 | 3,743 | 0 | 0 | 29,472 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 43,722 | 0 | 333 | 3,743 | 0 | 0 | 29,472 | 0 | 0 | 0 |
| total liabilities | 98,238 | 92,433 | 115,620 | 102,895 | 139,264 | 117,297 | 78,347 | 55,319 | 28,765 | 4,848 |
| net assets | 29,012 | 47,959 | 164,878 | 151,290 | 50,103 | 19,743 | 10,646 | 9,311 | 9,896 | -4,848 |
| total shareholders funds | 29,012 | 47,959 | 164,878 | 151,290 | 50,103 | 19,743 | 10,646 | 9,311 | 9,896 | -4,848 |
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 2,677 | 3,568 | 3,579 | 4,772 | 1,968 | 1,934 | 240 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 6,957 | -67,359 | -23,698 | 92,521 | 5,708 | 4,027 | -861 | 22,084 | 19,042 | 0 |
| Creditors | 7,250 | -112,093 | 93,192 | 19,325 | 870 | -46,975 | -6,444 | 26,554 | 23,917 | 4,848 |
| Accruals and Deferred Income | -45,167 | 89,239 | -77,057 | -59,437 | 21,097 | 115,397 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -15,000 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 43,722 | -333 | -3,410 | 3,743 | 0 | -29,472 | 29,472 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -2,422 | -85,719 | 51,591 | -36,115 | 46,826 | 43,710 | 21,954 | 2,075 | 18,898 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,422 | -85,719 | 51,591 | -36,115 | 46,826 | 43,710 | 21,954 | 2,075 | 18,898 | 0 |
the drop date limited Credit Report and Business Information
The Drop Date Limited Competitor Analysis
Perform a competitor analysis for the drop date limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CV4 area or any other competitors across 12 key performance metrics.
the drop date limited Ownership
THE DROP DATE LIMITED group structure
The Drop Date Limited has no subsidiary companies.
Ultimate parent company
THE DROP DATE LIMITED
08068818
the drop date limited directors
The Drop Date Limited currently has 1 director, Mr Ryan Barr serving since May 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ryan Barr | United Kingdom | 50 years | May 2012 | - | Director |
P&L
May 2022turnover
248.6k
+2%
operating profit
-19.6k
0%
gross margin
63.2%
-9.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2022net assets
29k
-0.4%
total assets
127.3k
-0.09%
cash
60.8k
-0.04%
net assets
Total assets minus all liabilities
Similar Companies
the drop date limited company details
company number
08068818
Type
Private limited with Share Capital
industry
63120 - Web portals
incorporation date
May 2012
age
12
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
May 2022
address
5 mercia business village, torwood close, coventry, west midlands, CV4 8HX
accountant
ACCOUNTS AND RETURNS LTD
auditor
-
the drop date 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 the drop date limited.
the drop date limited Companies House Filings - See Documents
| date | description | view/download |
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