dependable concrete (north west) limited
dependable concrete (north west) limited Company Information
Company Number
08656491
Registered Address
1 mortimer street, birkenhead, merseyside, CH41 5EU
Industry
Manufacture of ready-mixed concrete
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
david charles roberts 100%
dependable concrete (north west) limited Estimated Valuation
Pomanda estimates the enterprise value of DEPENDABLE CONCRETE (NORTH WEST) LIMITED at £16.4m based on a Turnover of £19.7m and 0.84x industry multiple (adjusted for size and gross margin).
dependable concrete (north west) limited Estimated Valuation
Pomanda estimates the enterprise value of DEPENDABLE CONCRETE (NORTH WEST) LIMITED at £10.2m based on an EBITDA of £2.3m and a 4.33x industry multiple (adjusted for size and gross margin).
dependable concrete (north west) limited Estimated Valuation
Pomanda estimates the enterprise value of DEPENDABLE CONCRETE (NORTH WEST) LIMITED at £7.8m based on Net Assets of £4m and 1.97x industry multiple (adjusted for liquidity).
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Dependable Concrete (north West) Limited Overview
Dependable Concrete (north West) Limited is a live company located in merseyside, CH41 5EU with a Companies House number of 08656491. It operates in the manufacture of ready-mixed concrete sector, SIC Code 23630. Founded in August 2013, it's largest shareholder is david charles roberts with a 100% stake. Dependable Concrete (north West) Limited is a established, mid sized company, Pomanda has estimated its turnover at £19.7m with high growth in recent years.
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Dependable Concrete (north West) Limited Health Check
Pomanda's financial health check has awarded Dependable Concrete (North West) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 0 areas for improvement. Company Health Check FAQs
7 Strong
5 Regular
0 Weak
Size
annual sales of £19.7m, make it in line with the average company (£16.7m)
£19.7m - Dependable Concrete (north West) Limited
£16.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (9.8%)
- Dependable Concrete (north West) Limited
9.8% - Industry AVG
Production
with a gross margin of 33.9%, this company has a lower cost of product (18.5%)
33.9% - Dependable Concrete (north West) Limited
18.5% - Industry AVG
Profitability
an operating margin of 9.8% make it more profitable than the average company (3.8%)
9.8% - Dependable Concrete (north West) Limited
3.8% - Industry AVG
Employees
with 50 employees, this is similar to the industry average (48)
50 - Dependable Concrete (north West) Limited
48 - Industry AVG
Pay Structure
on an average salary of £19.5k, the company has a lower pay structure (£43.6k)
£19.5k - Dependable Concrete (north West) Limited
£43.6k - Industry AVG
Efficiency
resulting in sales per employee of £393.1k, this is more efficient (£337.4k)
£393.1k - Dependable Concrete (north West) Limited
£337.4k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (57 days)
58 days - Dependable Concrete (north West) Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (51 days)
69 days - Dependable Concrete (north West) Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is in line with average (8 days)
9 days - Dependable Concrete (north West) Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (10 weeks)
30 weeks - Dependable Concrete (north West) Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.9%, this is a similar level of debt than the average (57.9%)
57.9% - Dependable Concrete (north West) Limited
57.9% - Industry AVG
DEPENDABLE CONCRETE (NORTH WEST) LIMITED financials
Dependable Concrete (North West) Limited's latest turnover from July 2023 is £19.7 million and the company has net assets of £4 million. According to their latest financial statements, Dependable Concrete (North West) Limited has 50 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 19,655,043 | 13,637,584 | ||||||||
| Other Income Or Grants | 0 | 0 | ||||||||
| Cost Of Sales | 12,989,945 | 8,918,197 | ||||||||
| Gross Profit | 6,665,098 | 4,719,387 | ||||||||
| Admin Expenses | 4,749,335 | 3,342,553 | ||||||||
| Operating Profit | 1,915,763 | 1,376,834 | ||||||||
| Interest Payable | 59,938 | 48,620 | ||||||||
| Interest Receivable | 0 | 0 | ||||||||
| Pre-Tax Profit | 1,855,825 | 1,328,214 | ||||||||
| Tax | -393,163 | -244,642 | ||||||||
| Profit After Tax | 1,462,662 | 1,083,572 | ||||||||
| Dividends Paid | 65,000 | 50,000 | ||||||||
| Retained Profit | 1,397,662 | 1,033,572 | ||||||||
| Employee Costs | 973,062 | 718,187 | ||||||||
| Number Of Employees | 50 | 46 | 44 | 49 | 42 | 38 | 22 | |||
| EBITDA* | 2,344,431 | 1,659,759 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,801,685 | 3,111,385 | 2,457,489 | 2,509,754 | 2,334,027 | 1,591,129 | 1,479,851 | 1,164,191 | 479,596 | 66,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 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 | 3,801,685 | 3,111,385 | 2,457,489 | 2,509,754 | 2,334,027 | 1,591,129 | 1,479,851 | 1,164,191 | 479,596 | 66,000 |
| Stock & work in progress | 338,828 | 219,750 | 274,327 | 236,616 | 240,280 | 144,001 | 103,975 | 68,975 | 28,975 | 0 |
| Trade Debtors | 3,152,568 | 2,919,608 | 1,678,888 | 2,137,548 | 2,067,643 | 1,881,005 | 1,337,312 | 990,188 | 746,449 | 13,958 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 33,250 | 8,678 | 0 | 0 | 506 | 11,436 | 12,788 | 8,549 | 0 | 0 |
| Cash | 2,111,735 | 593,232 | 444,322 | 290,154 | 130,781 | 40,919 | 200 | 210,235 | 215,968 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,636,381 | 3,741,268 | 2,397,537 | 2,664,318 | 2,439,210 | 2,077,361 | 1,454,275 | 1,277,947 | 991,392 | 13,958 |
| total assets | 9,438,066 | 6,852,653 | 4,855,026 | 5,174,072 | 4,773,237 | 3,668,490 | 2,934,126 | 2,442,138 | 1,470,988 | 79,958 |
| Bank overdraft | 0 | 144,160 | 0 | 0 | 0 | 7,718 | 14,739 | 2,150 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,475,401 | 1,715,473 | 1,157,696 | 1,570,038 | 1,397,801 | 1,218,678 | 729,684 | 755,446 | 945,542 | 73,487 |
| 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 | 527,167 | 530,692 | 333,553 | 318,145 | 332,702 | 256,509 | 264,927 | 223,428 | 0 | 0 |
| other current liabilities | 595,422 | 192,763 | 703,848 | 623,480 | 660,878 | 824,712 | 768,538 | 467,014 | 0 | 0 |
| total current liabilities | 3,597,990 | 2,583,088 | 2,195,097 | 2,511,663 | 2,391,381 | 2,307,617 | 1,777,888 | 1,448,038 | 945,542 | 73,487 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 933,617 | 937,448 | 381,879 | 542,775 | 437,737 | 154,561 | 306,818 | 401,821 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 214,819 | 0 |
| provisions | 931,724 | 755,044 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,865,341 | 1,692,492 | 381,879 | 542,775 | 437,737 | 154,561 | 306,818 | 401,821 | 214,819 | 0 |
| total liabilities | 5,463,331 | 4,275,580 | 2,576,976 | 3,054,438 | 2,829,118 | 2,462,178 | 2,084,706 | 1,849,859 | 1,160,361 | 73,487 |
| net assets | 3,974,735 | 2,577,073 | 2,278,050 | 2,119,634 | 1,944,119 | 1,206,312 | 849,420 | 592,279 | 310,627 | 6,471 |
| total shareholders funds | 3,974,735 | 2,577,073 | 2,278,050 | 2,119,634 | 1,944,119 | 1,206,312 | 849,420 | 592,279 | 310,627 | 6,471 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 1,915,763 | 1,376,834 | ||||||||
| Depreciation | 428,668 | 282,925 | 255,126 | 246,056 | 167,145 | 130,565 | 105,417 | 81,403 | 33,833 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -393,163 | -244,642 | ||||||||
| Stock | 119,078 | -54,577 | 37,711 | -3,664 | 96,279 | 40,026 | 35,000 | 40,000 | 28,975 | 0 |
| Debtors | 257,532 | 1,249,398 | -458,660 | 69,399 | 175,708 | 542,341 | 351,363 | 252,288 | 732,491 | 13,958 |
| Creditors | 759,928 | 557,777 | -412,342 | 172,237 | 179,123 | 488,994 | -25,762 | -190,096 | 872,055 | 73,487 |
| Accruals and Deferred Income | 402,659 | -511,085 | 80,368 | -37,398 | -163,834 | 56,174 | 301,524 | 467,014 | 0 | 0 |
| Deferred Taxes & Provisions | 176,680 | 755,044 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,913,925 | 1,022,032 | ||||||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | ||||||||
| 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 | -7,356 | 752,708 | -145,488 | 90,481 | 359,369 | -160,675 | -53,504 | 625,249 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -214,819 | 214,819 | 0 |
| share issue | ||||||||||
| interest | -59,938 | -48,620 | ||||||||
| cash flow from financing | -67,294 | -30,461 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | 1,518,503 | 148,910 | 154,168 | 159,373 | 89,862 | 40,719 | -210,035 | -5,733 | 215,968 | 0 |
| overdraft | -144,160 | 144,160 | 0 | 0 | -7,718 | -7,021 | 12,589 | 2,150 | 0 | 0 |
| change in cash | 1,662,663 | 4,750 | 154,168 | 159,373 | 97,580 | 47,740 | -222,624 | -7,883 | 215,968 | 0 |
dependable concrete (north west) limited Credit Report and Business Information
Dependable Concrete (north West) Limited Competitor Analysis
Perform a competitor analysis for dependable concrete (north west) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in CH41 area or any other competitors across 12 key performance metrics.
dependable concrete (north west) limited Ownership
DEPENDABLE CONCRETE (NORTH WEST) LIMITED group structure
Dependable Concrete (North West) Limited has no subsidiary companies.
Ultimate parent company
DEPENDABLE CONCRETE (NORTH WEST) LIMITED
08656491
dependable concrete (north west) limited directors
Dependable Concrete (North West) Limited currently has 2 directors. The longest serving directors include Mr David Roberts (Aug 2013) and Mrs Gemma Parry (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Roberts | United Kingdom | 72 years | Aug 2013 | - | Director |
| Mrs Gemma Parry | United Kingdom | 47 years | Feb 2023 | - | Director |
P&L
July 2023turnover
19.7m
+44%
operating profit
1.9m
+39%
gross margin
34%
-2.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
4m
+0.54%
total assets
9.4m
+0.38%
cash
2.1m
+2.56%
net assets
Total assets minus all liabilities
dependable concrete (north west) limited company details
company number
08656491
Type
Private limited with Share Capital
industry
23630 - Manufacture of ready-mixed concrete
incorporation date
August 2013
age
11
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
d c roberts limited (June 2014)
last accounts submitted
July 2023
address
1 mortimer street, birkenhead, merseyside, CH41 5EU
accountant
-
auditor
JACK ROSS
dependable concrete (north west) 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 dependable concrete (north west) limited.
dependable concrete (north west) limited Companies House Filings - See Documents
| date | description | view/download |
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