debt managers (services) limited
debt managers (services) limited Company Information
Company Number
08092808
Next Accounts
Sep 2025
Shareholders
secure trust bank plc
Group Structure
View All
Industry
Activities of collection agencies
Registered Address
yorke house arleston way, solihull, B90 4LH
Website
www.debt-managers.comdebt managers (services) limited Estimated Valuation
Pomanda estimates the enterprise value of DEBT MANAGERS (SERVICES) LIMITED at £0 based on a Turnover of £32k and -1.56x industry multiple (adjusted for size and gross margin).
debt managers (services) limited Estimated Valuation
Pomanda estimates the enterprise value of DEBT MANAGERS (SERVICES) LIMITED at £20.9m based on an EBITDA of £-2.8m and a -7.45x industry multiple (adjusted for size and gross margin).
debt managers (services) limited Estimated Valuation
Pomanda estimates the enterprise value of DEBT MANAGERS (SERVICES) LIMITED at £0 based on Net Assets of £-2.3m and 2.81x industry multiple (adjusted for liquidity).
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Debt Managers (services) Limited Overview
Debt Managers (services) Limited is a live company located in solihull, B90 4LH with a Companies House number of 08092808. It operates in the activities of collection agencies sector, SIC Code 82911. Founded in June 2012, it's largest shareholder is secure trust bank plc with a 100% stake. Debt Managers (services) Limited is a established, micro sized company, Pomanda has estimated its turnover at £32k with declining growth in recent years.
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Debt Managers (services) Limited Health Check
Pomanda's financial health check has awarded Debt Managers (Services) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
8 Weak
Size
annual sales of £32k, make it smaller than the average company (£7.3m)
£32k - Debt Managers (services) Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -87%, show it is growing at a slower rate (1.8%)
-87% - Debt Managers (services) Limited
1.8% - Industry AVG
Production
with a gross margin of -334.4%, this company has a higher cost of product (68.7%)
-334.4% - Debt Managers (services) Limited
68.7% - Industry AVG
Profitability
an operating margin of -9071.6% make it less profitable than the average company (6.8%)
-9071.6% - Debt Managers (services) Limited
6.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (86)
- Debt Managers (services) Limited
86 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Debt Managers (services) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £32k, this is less efficient (£77.9k)
- Debt Managers (services) Limited
£77.9k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (51 days)
11 days - Debt Managers (services) Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 157 days, this is slower than average (30 days)
157 days - Debt Managers (services) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Debt Managers (services) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (23 weeks)
3 weeks - Debt Managers (services) Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 672.7%, this is a higher level of debt than the average (44.7%)
672.7% - Debt Managers (services) Limited
44.7% - Industry AVG
DEBT MANAGERS (SERVICES) LIMITED financials
Debt Managers (Services) Limited's latest turnover from December 2023 is £32 thousand and the company has net assets of -£2.3 million. According to their latest financial statements, we estimate that Debt Managers (Services) Limited has 1 employee and maintains cash reserves of £163 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 32,000 | 9,344,000 | 14,880,000 | 15,243,000 | 9,394,000 | 6,104,000 | 5,682,000 | 4,577,000 | 3,448,000 | 3,717,000 | 3,845,000 | |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 139,000 | 2,245,000 | 3,160,000 | 2,422,000 | 2,632,000 | 2,064,000 | 1,130,000 | 983,000 | 1,069,000 | 1,143,000 | 1,921,000 | |
| Gross Profit | -107,000 | 7,099,000 | 11,720,000 | 12,821,000 | 6,762,000 | 4,040,000 | 4,552,000 | 3,594,000 | 2,379,000 | 2,574,000 | 1,924,000 | |
| Admin Expenses | 16,416,000 | |||||||||||
| Operating Profit | -3,595,000 | |||||||||||
| Interest Payable | 741,000 | 1,269,000 | 1,441,000 | 1,142,000 | ||||||||
| Interest Receivable | 2,000 | 7,000 | ||||||||||
| Pre-Tax Profit | -2,846,000 | 6,372,000 | -1,569,000 | -5,034,000 | 1,020,000 | 1,601,000 | 645,000 | 168,000 | -488,000 | -392,000 | -896,000 | |
| Tax | -17,000 | -1,053,000 | -36,000 | 113,000 | -214,000 | -143,000 | -26,000 | 35,000 | 80,000 | 208,000 | ||
| Profit After Tax | -2,863,000 | 5,319,000 | -1,605,000 | -4,921,000 | 806,000 | 1,458,000 | 619,000 | 168,000 | -453,000 | -312,000 | -688,000 | |
| Dividends Paid | ||||||||||||
| Retained Profit | -2,863,000 | 5,319,000 | -1,605,000 | -4,921,000 | 806,000 | 1,458,000 | 619,000 | 168,000 | -453,000 | -312,000 | -688,000 | |
| Employee Costs | 3,917,000 | 5,404,000 | 5,208,000 | 4,882,000 | 3,330,000 | 2,723,000 | 2,226,000 | 1,774,000 | 1,869,000 | 1,629,000 | ||
| Number Of Employees | 120 | 194 | 215 | 191 | 142 | 107 | 78 | |||||
| EBITDA* | -3,211,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 146,000 | 1,202,000 | 84,387,000 | 304,000 | 54,000 | 73,000 | 46,000 | 72,000 | 68,000 | |||
| Intangible Assets | 359,000 | 284,000 | 256,000 | 196,000 | 210,000 | 247,000 | 202,000 | 172,000 | ||||
| Investments & Other | 83,051,000 | |||||||||||
| Debtors (Due After 1 year) | 22,000 | 52,000 | 34,000 | |||||||||
| Total Fixed Assets | 124,000 | 1,509,000 | 84,637,000 | 560,000 | 250,000 | 283,000 | 293,000 | 274,000 | 240,000 | |||
| Stock & work in progress | ||||||||||||
| Trade Debtors | 1,000 | 13,000 | 473,000 | 499,000 | 105,000 | 188,000 | 196,000 | 277,000 | 485,000 | |||
| Group Debtors | 706,000 | |||||||||||
| Misc Debtors | 61,000 | 149,000 | 288,000 | 286,000 | 1,117,000 | 1,214,000 | 1,399,000 | 1,564,000 | 1,605,000 | |||
| Cash | 163,000 | 1,357,000 | 2,428,000 | 1,554,000 | 2,952,000 | 2,827,000 | 1,980,000 | 1,749,000 | 2,027,000 | 1,607,000 | 1,078,000 | |
| misc current assets | 80,415,000 | 83,084,000 | 32,575,000 | 15,740,000 | 13,574,000 | 5,137,000 | 3,058,000 | 277,000 | ||||
| total current assets | 399,000 | 2,456,000 | 82,932,000 | 84,727,000 | 3,713,000 | 36,187,000 | 18,942,000 | 16,725,000 | 8,759,000 | 6,506,000 | 3,445,000 | |
| total assets | 399,000 | 2,456,000 | 83,056,000 | 86,236,000 | 88,350,000 | 36,747,000 | 19,192,000 | 17,008,000 | 9,052,000 | 6,780,000 | 3,685,000 | |
| Bank overdraft | ||||||||||||
| Bank loan | 392,000 | 1,402,000 | 1,113,000 | 1,101,000 | 1,213,000 | 895,000 | ||||||
| Trade Creditors | 60,000 | 333,000 | 319,000 | 665,000 | 243,000 | 156,000 | 92,000 | 60,000 | 106,000 | 122,000 | 282,000 | |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | 102,000 | 830,000 | 939,000 | |||||||||
| other current liabilities | 2,624,000 | 1,565,000 | 87,471,000 | 87,994,000 | 85,531,000 | 35,375,000 | 18,357,000 | 17,120,000 | 9,298,000 | 6,445,000 | 3,196,000 | |
| total current liabilities | 2,684,000 | 1,898,000 | 87,892,000 | 89,489,000 | 86,713,000 | 35,923,000 | 19,851,000 | 18,293,000 | 10,505,000 | 7,780,000 | 4,373,000 | |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | ||||||||||||
| total long term liabilities | ||||||||||||
| total liabilities | 2,684,000 | 1,898,000 | 87,892,000 | 89,489,000 | 86,713,000 | 35,923,000 | 19,851,000 | 18,293,000 | 10,505,000 | 7,780,000 | 4,373,000 | |
| net assets | -2,285,000 | 558,000 | -4,836,000 | -3,253,000 | 1,637,000 | 824,000 | -659,000 | -1,285,000 | -1,453,000 | -1,000,000 | -688,000 | |
| total shareholders funds | -2,285,000 | 558,000 | -4,836,000 | -3,253,000 | 1,637,000 | 824,000 | -659,000 | -1,285,000 | -1,453,000 | -1,000,000 | -688,000 |
| Dec 2023 | 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 | -3,595,000 | |||||||||||
| Depreciation | 102,000 | 245,000 | 258,000 | 229,000 | 75,000 | 36,000 | 41,000 | 33,000 | 19,000 | 19,000 | ||
| Amortisation | 102,000 | 167,000 | 126,000 | 94,000 | 83,000 | 52,000 | 51,000 | 40,000 | 24,000 | 7,000 | ||
| Tax | -17,000 | -1,053,000 | -36,000 | 113,000 | -214,000 | -143,000 | -26,000 | 35,000 | 80,000 | 208,000 | ||
| Stock | ||||||||||||
| Debtors | -806,000 | 846,000 | -30,000 | -743,000 | 10,000 | -437,000 | -180,000 | -193,000 | -246,000 | -249,000 | 2,090,000 | |
| Creditors | -273,000 | 14,000 | -346,000 | 422,000 | 87,000 | 64,000 | 32,000 | -46,000 | -16,000 | -160,000 | 282,000 | |
| Accruals and Deferred Income | 1,059,000 | -85,906,000 | -523,000 | 2,463,000 | 50,156,000 | 17,018,000 | 1,237,000 | 7,822,000 | 2,853,000 | 3,249,000 | 3,196,000 | |
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | 530,000 | |||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | -83,051,000 | 83,051,000 | ||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | -392,000 | -1,010,000 | 289,000 | 12,000 | -112,000 | 318,000 | 895,000 | |||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | -102,000 | -728,000 | -109,000 | 939,000 | ||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | -741,000 | -1,269,000 | -1,439,000 | -1,135,000 | ||||||||
| cash flow from financing | 20,000 | -768,000 | -1,975,000 | -1,517,000 | -581,000 | -985,000 | 296,000 | 12,000 | -112,000 | 318,000 | 895,000 | |
| cash and cash equivalents | ||||||||||||
| cash | -1,194,000 | -1,071,000 | 874,000 | -1,398,000 | 125,000 | 847,000 | 231,000 | -278,000 | 420,000 | 529,000 | 1,078,000 | |
| overdraft | ||||||||||||
| change in cash | -1,194,000 | -1,071,000 | 874,000 | -1,398,000 | 125,000 | 847,000 | 231,000 | -278,000 | 420,000 | 529,000 | 1,078,000 |
debt managers (services) limited Credit Report and Business Information
Debt Managers (services) Limited Competitor Analysis
Perform a competitor analysis for debt managers (services) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B90 area or any other competitors across 12 key performance metrics.
debt managers (services) limited Ownership
DEBT MANAGERS (SERVICES) LIMITED group structure
Debt Managers (Services) Limited has no subsidiary companies.
Ultimate parent company
1 parent
DEBT MANAGERS (SERVICES) LIMITED
08092808
debt managers (services) limited directors
Debt Managers (Services) Limited currently has 3 directors. The longest serving directors include Mr David McCreadie (Jan 2021) and Ms Kathleen Docherty (Nov 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David McCreadie | United Kingdom | 55 years | Jan 2021 | - | Director |
| Ms Kathleen Docherty | United Kingdom | 48 years | Nov 2022 | - | Director |
| Mrs Rachel Lawrence | 55 years | Nov 2022 | - | Director |
P&L
December 2023turnover
32k
-100%
operating profit
-2.9m
0%
gross margin
-334.3%
-540.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-2.3m
-5.09%
total assets
399k
-0.84%
cash
163k
-0.88%
net assets
Total assets minus all liabilities
debt managers (services) limited company details
company number
08092808
Type
Private limited with Share Capital
industry
82911 - Activities of collection agencies
incorporation date
June 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
yorke house arleston way, solihull, B90 4LH
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
debt managers (services) 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 debt managers (services) limited.
debt managers (services) 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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debt managers (services) limited Companies House Filings - See Documents
| date | description | view/download |
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