destaco uk limited
destaco uk limited Company Information
Company Number
08488872
Website
http://destaco.comRegistered Address
unit 7, calibre industrial park, laches close, wolverhampton, WV10 7DZ
Industry
Other manufacturing n.e.c.
Telephone
01902797980
Next Accounts Due
September 2025
Group Structure
View All
Directors
Stefan Eggers1 Years
Shareholders
dover fluids uk ltd 100%
destaco uk limited Estimated Valuation
Pomanda estimates the enterprise value of DESTACO UK LIMITED at £2m based on a Turnover of £2.6m and 0.74x industry multiple (adjusted for size and gross margin).
destaco uk limited Estimated Valuation
Pomanda estimates the enterprise value of DESTACO UK LIMITED at £860.5k based on an EBITDA of £161k and a 5.34x industry multiple (adjusted for size and gross margin).
destaco uk limited Estimated Valuation
Pomanda estimates the enterprise value of DESTACO UK LIMITED at £31.6m based on Net Assets of £17.2m and 1.84x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Destaco Uk Limited Overview
Destaco Uk Limited is a live company located in wolverhampton, WV10 7DZ with a Companies House number of 08488872. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in April 2013, it's largest shareholder is dover fluids uk ltd with a 100% stake. Destaco Uk Limited is a established, small sized company, Pomanda has estimated its turnover at £2.6m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Destaco Uk Limited Health Check
Pomanda's financial health check has awarded Destaco Uk Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£14.6m)
£2.6m - Destaco Uk Limited
£14.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (6%)
-9% - Destaco Uk Limited
6% - Industry AVG
Production
with a gross margin of 41.8%, this company has a lower cost of product (30%)
41.8% - Destaco Uk Limited
30% - Industry AVG
Profitability
an operating margin of 5.6% make it as profitable than the average company (6.5%)
5.6% - Destaco Uk Limited
6.5% - Industry AVG
Employees
with 10 employees, this is below the industry average (73)
10 - Destaco Uk Limited
73 - Industry AVG
Pay Structure
on an average salary of £62.6k, the company has a higher pay structure (£42.4k)
£62.6k - Destaco Uk Limited
£42.4k - Industry AVG
Efficiency
resulting in sales per employee of £264.6k, this is more efficient (£183.8k)
£264.6k - Destaco Uk Limited
£183.8k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (53 days)
69 days - Destaco Uk Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (40 days)
21 days - Destaco Uk Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 91 days, this is more than average (69 days)
91 days - Destaco Uk Limited
69 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Destaco Uk Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.1%, this is a lower level of debt than the average (47.6%)
4.1% - Destaco Uk Limited
47.6% - Industry AVG
DESTACO UK LIMITED financials
Destaco Uk Limited's latest turnover from December 2023 is £2.6 million and the company has net assets of £17.2 million. According to their latest financial statements, Destaco Uk Limited has 10 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,646,000 | 3,212,000 | 4,306,000 | 3,458,000 | 14,675,000 | 15,799,000 | 13,864,000 | 12,936,000 | 12,132,000 | 12,286,000 | 5,947,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,540,000 | 1,876,000 | 2,347,000 | 2,106,000 | 10,104,000 | 11,267,000 | 10,406,000 | 8,951,000 | 7,911,000 | 8,521,000 | 4,372,000 |
| Gross Profit | 1,106,000 | 1,336,000 | 1,959,000 | 1,352,000 | 4,571,000 | 4,532,000 | 3,458,000 | 3,985,000 | 4,221,000 | 3,765,000 | 1,575,000 |
| Admin Expenses | 959,000 | 859,000 | 1,008,000 | 1,113,000 | 1,870,000 | 473,000 | -806,000 | 3,565,000 | 1,811,000 | 1,622,000 | 707,000 |
| Operating Profit | 147,000 | 477,000 | 951,000 | 239,000 | 2,701,000 | 4,059,000 | 4,264,000 | 420,000 | 2,410,000 | 2,143,000 | 868,000 |
| Interest Payable | 302,000 | 395,000 | 387,000 | 380,000 | 371,000 | 380,000 | 378,000 | 309,000 | 221,000 | 185,000 | 114,000 |
| Interest Receivable | 1,609,000 | 404,000 | 6,000 | 32,000 | 101,000 | 24,000 | 56,000 | 29,000 | 18,000 | 3,000 | |
| Pre-Tax Profit | 1,454,000 | 486,000 | 570,000 | 2,683,000 | 2,431,000 | 3,749,000 | 3,910,000 | 167,000 | 2,218,000 | 1,973,000 | 757,000 |
| Tax | -211,000 | -8,000 | -130,000 | -511,000 | -471,000 | -260,000 | -174,000 | -383,000 | -446,000 | -445,000 | -161,000 |
| Profit After Tax | 1,243,000 | 478,000 | 440,000 | 2,172,000 | 1,960,000 | 3,489,000 | 3,736,000 | -216,000 | 1,772,000 | 1,528,000 | 596,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,243,000 | 478,000 | 440,000 | 2,172,000 | 1,960,000 | 3,489,000 | 3,736,000 | -216,000 | 1,772,000 | 1,528,000 | 596,000 |
| Employee Costs | 626,000 | 596,000 | 672,000 | 1,108,000 | 1,205,000 | 1,182,000 | 1,250,000 | 1,208,000 | 1,095,000 | 895,000 | 448,000 |
| Number Of Employees | 10 | 10 | 11 | 22 | 22 | 25 | 27 | 28 | 26 | 22 | 19 |
| EBITDA* | 161,000 | 497,000 | 977,000 | 279,000 | 2,742,000 | 4,093,000 | 4,314,000 | 464,000 | 2,452,000 | 2,189,000 | 889,000 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 32,000 | 36,000 | 37,000 | 60,000 | 90,000 | 18,893,000 | 109,000 | 132,000 | 121,000 | 145,000 | 141,000 |
| Intangible Assets | 0 | 1,000 | 10,000 | 19,000 | 28,000 | 37,000 | 47,000 | 56,000 | 66,000 | 75,000 | 84,000 |
| Investments & Other | 0 | 0 | 26,464,000 | 18,809,000 | 18,809,000 | 0 | 18,809,000 | 14,521,000 | 16,263,000 | 16,263,000 | 16,263,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,140,000 |
| Total Fixed Assets | 32,000 | 37,000 | 26,511,000 | 18,888,000 | 18,927,000 | 18,930,000 | 18,965,000 | 14,709,000 | 16,450,000 | 16,483,000 | 19,628,000 |
| Stock & work in progress | 385,000 | 374,000 | 563,000 | 1,636,000 | 1,378,000 | 2,247,000 | 2,070,000 | 1,940,000 | 1,669,000 | 1,361,000 | 1,310,000 |
| Trade Debtors | 503,000 | 674,000 | 761,000 | 2,848,000 | 3,330,000 | 4,240,000 | 2,707,000 | 3,073,000 | 2,800,000 | 2,772,000 | 3,728,000 |
| Group Debtors | 16,996,000 | 38,466,000 | 11,000,000 | 20,722,000 | 17,687,000 | 0 | 11,262,000 | 2,819,000 | 1,837,000 | 78,000 | 61,000 |
| Misc Debtors | 29,000 | 30,000 | 31,000 | 252,000 | 298,000 | 0 | 804,000 | 342,000 | 228,000 | 183,000 | 153,000 |
| Cash | 0 | 0 | 0 | 0 | 0 | 59,000 | 107,000 | 104,000 | 0 | 72,000 | 3,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 17,913,000 | 39,544,000 | 12,355,000 | 25,458,000 | 22,693,000 | 20,222,000 | 16,950,000 | 8,278,000 | 6,534,000 | 4,466,000 | 5,255,000 |
| total assets | 17,945,000 | 39,581,000 | 38,866,000 | 44,346,000 | 41,620,000 | 39,152,000 | 35,915,000 | 22,987,000 | 22,984,000 | 20,949,000 | 24,883,000 |
| 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 | 92,000 | 81,000 | 160,000 | 287,000 | 346,000 | 641,000 | 305,000 | 492,000 | 564,000 | 298,000 | 294,000 |
| Group/Directors Accounts | 176,000 | 4,266,000 | 4,209,000 | 9,561,000 | 9,131,000 | 0 | 9,968,000 | 963,000 | 17,517,000 | 17,220,000 | 22,940,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 8,602,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 475,000 | 235,000 | 373,000 | 1,201,000 | 1,398,000 | 0 | 1,080,000 | 1,054,000 | 992,000 | 1,285,000 | 1,052,000 |
| total current liabilities | 743,000 | 4,582,000 | 4,742,000 | 11,049,000 | 10,875,000 | 10,738,000 | 11,353,000 | 2,509,000 | 19,073,000 | 18,803,000 | 24,286,000 |
| loans | 0 | 19,040,000 | 18,643,000 | 18,256,000 | 17,876,000 | 0 | 17,142,000 | 16,786,000 | 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 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,000 | 11,000 | 18,000 | 0 |
| total long term liabilities | 0 | 19,040,000 | 18,643,000 | 18,256,000 | 17,876,000 | 17,505,000 | 17,142,000 | 16,794,000 | 11,000 | 18,000 | 0 |
| total liabilities | 743,000 | 23,622,000 | 23,385,000 | 29,305,000 | 28,751,000 | 28,243,000 | 28,495,000 | 19,303,000 | 19,084,000 | 18,821,000 | 24,286,000 |
| net assets | 17,202,000 | 15,959,000 | 15,481,000 | 15,041,000 | 12,869,000 | 10,909,000 | 7,420,000 | 3,684,000 | 3,900,000 | 2,128,000 | 597,000 |
| total shareholders funds | 17,202,000 | 15,959,000 | 15,481,000 | 15,041,000 | 12,869,000 | 10,909,000 | 7,420,000 | 3,684,000 | 3,900,000 | 2,128,000 | 597,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 147,000 | 477,000 | 951,000 | 239,000 | 2,701,000 | 4,059,000 | 4,264,000 | 420,000 | 2,410,000 | 2,143,000 | 868,000 |
| Depreciation | 13,000 | 11,000 | 17,000 | 31,000 | 32,000 | 34,000 | 41,000 | 34,000 | 33,000 | 37,000 | 16,000 |
| Amortisation | 1,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 10,000 | 9,000 | 9,000 | 5,000 | |
| Tax | -211,000 | -8,000 | -130,000 | -511,000 | -471,000 | -260,000 | -174,000 | -383,000 | -446,000 | -445,000 | -161,000 |
| Stock | 11,000 | -189,000 | -1,073,000 | 258,000 | -869,000 | 177,000 | 130,000 | 271,000 | 308,000 | 51,000 | 1,310,000 |
| Debtors | -21,642,000 | 27,378,000 | -12,030,000 | 2,507,000 | 17,075,000 | -10,533,000 | 8,539,000 | 1,369,000 | 1,832,000 | -4,049,000 | 7,082,000 |
| Creditors | 11,000 | -79,000 | -127,000 | -59,000 | -295,000 | 336,000 | -187,000 | -72,000 | 266,000 | 4,000 | 294,000 |
| Accruals and Deferred Income | 240,000 | -138,000 | -828,000 | -197,000 | 1,398,000 | -1,080,000 | 26,000 | 62,000 | -293,000 | 233,000 | 1,052,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -8,000 | -3,000 | -7,000 | 18,000 | 0 |
| Cash flow from operations | 21,832,000 | -26,917,000 | 12,995,000 | -3,253,000 | -12,832,000 | -4,698,000 | -1,572,000 | -168,000 | 5,997,000 | -6,318,000 | |
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | -26,464,000 | 7,655,000 | 0 | 18,809,000 | -18,809,000 | 4,288,000 | -1,742,000 | 0 | 0 | 16,263,000 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -4,090,000 | 57,000 | -5,352,000 | 430,000 | 9,131,000 | -9,968,000 | 9,005,000 | -16,554,000 | 297,000 | -5,720,000 | 22,940,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -8,602,000 | 8,602,000 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -19,040,000 | 397,000 | 387,000 | 380,000 | 17,876,000 | -17,142,000 | 356,000 | 16,786,000 | 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 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 1,307,000 | 9,000 | -381,000 | -348,000 | -270,000 | -354,000 | -253,000 | -192,000 | -167,000 | -111,000 | |
| cash flow from financing | -21,823,000 | 463,000 | -5,346,000 | 462,000 | 18,135,000 | 9,007,000 | -21,000 | 105,000 | -5,884,000 | 22,830,000 | |
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | 0 | -59,000 | -48,000 | 3,000 | 104,000 | -72,000 | 69,000 | 3,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -59,000 | -48,000 | 3,000 | 104,000 | -72,000 | 69,000 | 3,000 |
destaco uk limited Credit Report and Business Information
Destaco Uk Limited Competitor Analysis
Perform a competitor analysis for destaco uk limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WV10 area or any other competitors across 12 key performance metrics.
destaco uk limited Ownership
DESTACO UK LIMITED group structure
Destaco Uk Limited has 1 subsidiary company.
Ultimate parent company
DOVER CORP
#0002160
DOVER LUXEMBOURG SERVICES SARL
#0043380
2 parents
DESTACO UK LIMITED
08488872
1 subsidiary
destaco uk limited directors
Destaco Uk Limited currently has 1 director, Mr Stefan Eggers serving since Mar 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stefan Eggers | United Kingdom | 56 years | Mar 2023 | - | Director |
P&L
December 2023turnover
2.6m
-18%
operating profit
147k
-69%
gross margin
41.8%
+0.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
17.2m
+0.08%
total assets
17.9m
-0.55%
cash
0
0%
net assets
Total assets minus all liabilities
destaco uk limited company details
company number
08488872
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
April 2013
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
dover engineered systems uk ltd (December 2020)
accountant
-
auditor
FORVIS MAZARS LLP
address
unit 7, calibre industrial park, laches close, wolverhampton, WV10 7DZ
Bank
DEUTSCHE BANK AG
Legal Advisor
MISHCON DE REYA
destaco uk 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 destaco uk limited.
destaco uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
