drip dry drum limited
drip dry drum limited Company Information
Group Structure
View All
Industry
Renting and operating of Housing Association real estate
Registered Address
27 amethyst drive, sittingbourne, kent, ME10 5JR
Website
-drip dry drum limited Estimated Valuation
Pomanda estimates the enterprise value of DRIP DRY DRUM LIMITED at £275.6k based on a Turnover of £96.5k and 2.86x industry multiple (adjusted for size and gross margin).
drip dry drum limited Estimated Valuation
Pomanda estimates the enterprise value of DRIP DRY DRUM LIMITED at £30.1k based on an EBITDA of £6k and a 5.07x industry multiple (adjusted for size and gross margin).
drip dry drum limited Estimated Valuation
Pomanda estimates the enterprise value of DRIP DRY DRUM LIMITED at £270.6k based on Net Assets of £150.3k and 1.8x industry multiple (adjusted for liquidity).
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Drip Dry Drum Limited Overview
Drip Dry Drum Limited is a live company located in kent, ME10 5JR with a Companies House number of 08577747. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in June 2013, it's largest shareholder is stephen carroll with a 100% stake. Drip Dry Drum Limited is a established, micro sized company, Pomanda has estimated its turnover at £96.5k with declining growth in recent years.
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Drip Dry Drum Limited Health Check
Pomanda's financial health check has awarded Drip Dry Drum Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £96.5k, make it smaller than the average company (£1.2m)
- Drip Dry Drum Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (2.8%)
- Drip Dry Drum Limited
2.8% - Industry AVG
Production
with a gross margin of 25.4%, this company has a higher cost of product (67.4%)
- Drip Dry Drum Limited
67.4% - Industry AVG
Profitability
an operating margin of 6.2% make it less profitable than the average company (16.4%)
- Drip Dry Drum Limited
16.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Drip Dry Drum Limited
6 - Industry AVG
Pay Structure
on an average salary of £34.1k, the company has an equivalent pay structure (£34.1k)
- Drip Dry Drum Limited
£34.1k - Industry AVG
Efficiency
resulting in sales per employee of £96.5k, this is less efficient (£161.3k)
- Drip Dry Drum Limited
£161.3k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (19 days)
- Drip Dry Drum Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 162 days, this is slower than average (33 days)
- Drip Dry Drum Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Drip Dry Drum Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Drip Dry Drum Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.4%, this is a similar level of debt than the average (70.1%)
75.4% - Drip Dry Drum Limited
70.1% - Industry AVG
DRIP DRY DRUM LIMITED financials
Drip Dry Drum Limited's latest turnover from November 2023 is estimated at £96.5 thousand and the company has net assets of £150.3 thousand. According to their latest financial statements, Drip Dry Drum Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 594,554 | 605,462 | 553,343 | 569,565 | 538,343 | 4,222 | 501,129 | 446,963 | 449,439 | 319,537 |
| Intangible Assets | ||||||||||
| Investments & Other | 491,864 | |||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 594,554 | 605,462 | 553,343 | 569,565 | 538,343 | 496,086 | 501,129 | 446,963 | 449,439 | 319,537 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 17,580 | 66,829 | 60,225 | 40,933 | 51,899 | 36,629 | 77,924 | 62,440 | ||
| Group Debtors | ||||||||||
| Misc Debtors | 560 | |||||||||
| Cash | 33,240 | 71,322 | ||||||||
| misc current assets | 560 | 688 | 688 | 524 | ||||||
| total current assets | 17,580 | 66,829 | 60,225 | 40,933 | 51,899 | 33,800 | 37,189 | 78,612 | 63,128 | 71,846 |
| total assets | 612,134 | 672,291 | 613,568 | 610,498 | 590,242 | 529,886 | 538,318 | 525,575 | 512,567 | 391,383 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 31,984 | 94,459 | 224,509 | 216,049 | 222,702 | 6,140 | 3,825 | 2,820 | 4,000 | |
| Group/Directors Accounts | ||||||||||
| other short term finances | 5,527 | |||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 190,042 | |||||||||
| total current liabilities | 31,984 | 94,459 | 224,509 | 216,049 | 222,702 | 195,569 | 6,140 | 3,825 | 2,820 | 4,000 |
| loans | 292,125 | 298,044 | ||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 774 | 3,251 | ||||||||
| other liabilities | 405,358 | 405,358 | 279,911 | 285,911 | 502,645 | 498,263 | 494,352 | 329,726 | ||
| provisions | 24,481 | 26,626 | 13,274 | 13,155 | 8,272 | |||||
| total long term liabilities | 429,839 | 431,984 | 293,185 | 299,066 | 300,397 | 298,044 | 502,645 | 498,263 | 495,126 | 332,977 |
| total liabilities | 461,823 | 526,443 | 517,694 | 515,115 | 523,099 | 493,613 | 508,785 | 502,088 | 497,946 | 336,977 |
| net assets | 150,311 | 145,848 | 95,874 | 95,383 | 67,143 | 36,273 | 29,533 | 23,487 | 14,621 | 54,406 |
| total shareholders funds | 150,311 | 145,848 | 95,874 | 95,383 | 67,143 | 36,273 | 29,533 | 23,487 | 14,621 | 54,406 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 2,224 | |||||||||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | ||||||||||
| Debtors | -49,249 | 6,604 | 19,292 | -10,966 | 51,339 | -36,069 | -41,295 | 15,484 | 62,440 | |
| Creditors | -62,475 | -130,050 | 8,460 | -6,653 | 222,702 | -6,140 | 2,315 | 1,005 | -1,180 | 4,000 |
| Accruals and Deferred Income | -190,042 | 190,042 | -774 | -2,477 | 3,251 | |||||
| Deferred Taxes & Provisions | -2,145 | 13,352 | 119 | 4,883 | 8,272 | |||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -491,864 | 491,864 | ||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | -5,527 | 5,527 | ||||||||
| Long term loans | -292,125 | -5,919 | 298,044 | |||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | 125,447 | -6,000 | 285,911 | -502,645 | 4,382 | 3,911 | 164,626 | 329,726 | ||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -33,240 | 33,240 | -71,322 | 71,322 | ||||||
| overdraft | ||||||||||
| change in cash | -33,240 | 33,240 | -71,322 | 71,322 |
drip dry drum limited Credit Report and Business Information
Drip Dry Drum Limited Competitor Analysis
Perform a competitor analysis for drip dry drum limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in ME10 area or any other competitors across 12 key performance metrics.
drip dry drum limited Ownership
DRIP DRY DRUM LIMITED group structure
Drip Dry Drum Limited has no subsidiary companies.
Ultimate parent company
DRIP DRY DRUM LIMITED
08577747
drip dry drum limited directors
Drip Dry Drum Limited currently has 1 director, Mr Stephen Carroll serving since Jun 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Carroll | England | 70 years | Jun 2013 | - | Director |
P&L
November 2023turnover
96.5k
-63%
operating profit
6k
0%
gross margin
25.4%
+3.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
150.3k
+0.03%
total assets
612.1k
-0.09%
cash
0
0%
net assets
Total assets minus all liabilities
drip dry drum limited company details
company number
08577747
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
June 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
27 amethyst drive, sittingbourne, kent, ME10 5JR
Bank
-
Legal Advisor
-
drip dry drum 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 found 12 charges/mortgages relating to drip dry drum limited. Currently there are 11 open charges and 1 have been satisfied in the past.
drip dry drum 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.
Click to start generating capital raising & share issue transactions for DRIP DRY DRUM LIMITED. This can take several minutes, an email will notify you when this has completed.
drip dry drum limited Companies House Filings - See Documents
| date | description | view/download |
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