drake technology partners ltd.
drake technology partners ltd. Company Information
Company Number
08386439
Next Accounts
Dec 2024
Industry
Other business support service activities n.e.c.
Directors
Shareholders
bernhard groehl
Group Structure
View All
Contact
Registered Address
20-22 wenlock road, london, N1 7GU
Website
drakeltd.comdrake technology partners ltd. Estimated Valuation
Pomanda estimates the enterprise value of DRAKE TECHNOLOGY PARTNERS LTD. at £112.8k based on a Turnover of £296.4k and 0.38x industry multiple (adjusted for size and gross margin).
drake technology partners ltd. Estimated Valuation
Pomanda estimates the enterprise value of DRAKE TECHNOLOGY PARTNERS LTD. at £119.5k based on an EBITDA of £42.6k and a 2.81x industry multiple (adjusted for size and gross margin).
drake technology partners ltd. Estimated Valuation
Pomanda estimates the enterprise value of DRAKE TECHNOLOGY PARTNERS LTD. at £247.6k based on Net Assets of £105.4k and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Drake Technology Partners Ltd. Overview
Drake Technology Partners Ltd. is a dissolved company that was located in london, N1 7GU with a Companies House number of 08386439. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2013, it's largest shareholder was bernhard groehl with a 100% stake. The last turnover for Drake Technology Partners Ltd. was estimated at £296.4k.
Upgrade for unlimited company reports & a free credit check
Drake Technology Partners Ltd. Health Check
Pomanda's financial health check has awarded Drake Technology Partners Ltd. a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £296.4k, make it smaller than the average company (£2.6m)
- Drake Technology Partners Ltd.
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (4.4%)
- Drake Technology Partners Ltd.
4.4% - Industry AVG
Production
with a gross margin of 16.5%, this company has a higher cost of product (37.1%)
- Drake Technology Partners Ltd.
37.1% - Industry AVG
Profitability
an operating margin of 14.4% make it more profitable than the average company (5.7%)
- Drake Technology Partners Ltd.
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (22)
- Drake Technology Partners Ltd.
22 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Drake Technology Partners Ltd.
£44k - Industry AVG
Efficiency
resulting in sales per employee of £296.4k, this is more efficient (£146.2k)
- Drake Technology Partners Ltd.
£146.2k - Industry AVG
Debtor Days
it gets paid by customers after 143 days, this is later than average (46 days)
- Drake Technology Partners Ltd.
46 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (33 days)
- Drake Technology Partners Ltd.
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Drake Technology Partners Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Drake Technology Partners Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.5%, this is a lower level of debt than the average (67.6%)
15.5% - Drake Technology Partners Ltd.
67.6% - Industry AVG
DRAKE TECHNOLOGY PARTNERS LTD. financials
Drake Technology Partners Ltd.'s latest turnover from December 2018 is estimated at £296.4 thousand and the company has net assets of £105.4 thousand. According to their latest financial statements, we estimate that Drake Technology Partners Ltd. has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 8,028 | 8,028 | 10,675 | 19,667 | 4,970 | 13,343 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,028 | 8,028 | 10,676 | 19,668 | 4,971 | 13,343 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 116,741 | 93,197 | 72,083 | 77,714 | 30,001 | 17,760 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 23,837 | 17,121 |
| misc current assets | 0 | 0 | 0 | 0 | 2,196 | 1,567 |
| total current assets | 116,741 | 93,197 | 72,083 | 77,714 | 56,034 | 36,447 |
| total assets | 124,769 | 101,225 | 82,759 | 97,382 | 61,005 | 49,791 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,569 | 18,254 | 18,070 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 12,569 | 18,254 | 18,070 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 13,591 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 4,626 | 7,829 | 8,515 |
| provisions | 6,792 | 12,066 | 29,371 | 18,539 | 9,993 | 8,576 |
| total long term liabilities | 6,793 | 12,067 | 29,371 | 36,757 | 17,822 | 17,092 |
| total liabilities | 19,362 | 30,321 | 47,441 | 36,757 | 17,822 | 17,092 |
| net assets | 105,407 | 70,904 | 35,318 | 60,625 | 43,182 | 32,699 |
| total shareholders funds | 105,407 | 70,904 | 35,318 | 60,625 | 43,182 | 32,699 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 3,052 | ||
| Amortisation | 0 | 0 | 0 | 0 | ||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 23,543 | 21,114 | -5,631 | 47,714 | 12,241 | 17,759 |
| Creditors | -5,685 | 184 | 18,070 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -5,274 | -17,305 | 10,832 | 8,546 | 1,417 | 8,576 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -13,591 | 13,591 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -4,626 | -3,203 | -686 | 8,515 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | -23,837 | 6,716 | 17,121 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -23,837 | 6,716 | 17,121 |
drake technology partners ltd. Credit Report and Business Information
Drake Technology Partners Ltd. Competitor Analysis
Perform a competitor analysis for drake technology partners ltd. by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in N 1 area or any other competitors across 12 key performance metrics.
drake technology partners ltd. Ownership
DRAKE TECHNOLOGY PARTNERS LTD. group structure
Drake Technology Partners Ltd. has no subsidiary companies.
Ultimate parent company
DRAKE TECHNOLOGY PARTNERS LTD.
08386439
drake technology partners ltd. directors
Drake Technology Partners Ltd. currently has 1 director, Mr Bernhard Groehl serving since Feb 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bernhard Groehl | Germany | 57 years | Feb 2013 | - | Director |
P&L
December 2018turnover
296.4k
+21%
operating profit
42.6k
0%
gross margin
16.5%
-2.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
105.4k
+0.49%
total assets
124.8k
+0.23%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
drake technology partners ltd. company details
company number
08386439
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2018
previous names
N/A
accountant
-
auditor
-
address
20-22 wenlock road, london, N1 7GU
Bank
-
Legal Advisor
-
drake technology partners 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 drake technology partners ltd..
drake technology partners 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.
Click to start generating capital raising & share issue transactions for DRAKE TECHNOLOGY PARTNERS LTD.. This can take several minutes, an email will notify you when this has completed.
drake technology partners ltd. Companies House Filings - See Documents
| date | description | view/download |
|---|
