denchi group limited
denchi group limited Company Information
Company Number
08676692
Website
www.denchipower.comRegistered Address
c/o mishcon de reya, four station square, cambridge, CB1 2GE
Industry
Manufacture of batteries and accumulators
Telephone
01847808000
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
nick russell 57.5%
derek campbell 32.5%
View Alldenchi group limited Estimated Valuation
Pomanda estimates the enterprise value of DENCHI GROUP LIMITED at £5.7m based on a Turnover of £9.9m and 0.58x industry multiple (adjusted for size and gross margin).
denchi group limited Estimated Valuation
Pomanda estimates the enterprise value of DENCHI GROUP LIMITED at £181.7k based on an EBITDA of £38.5k and a 4.72x industry multiple (adjusted for size and gross margin).
denchi group limited Estimated Valuation
Pomanda estimates the enterprise value of DENCHI GROUP LIMITED at £1.6m based on Net Assets of £885.2k and 1.86x industry multiple (adjusted for liquidity).
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Denchi Group Limited Overview
Denchi Group Limited is a live company located in cambridge, CB1 2GE with a Companies House number of 08676692. It operates in the manufacture of batteries and accumulators sector, SIC Code 27200. Founded in September 2013, it's largest shareholder is nick russell with a 57.5% stake. Denchi Group Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.9m with high growth in recent years.
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Denchi Group Limited Health Check
Pomanda's financial health check has awarded Denchi Group Limited a 1.5 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
2 Regular
8 Weak
Size
annual sales of £9.9m, make it smaller than the average company (£16.6m)
- Denchi Group Limited
£16.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (-0.5%)
- Denchi Group Limited
-0.5% - Industry AVG
Production
with a gross margin of 19.3%, this company has a comparable cost of product (19.3%)
- Denchi Group Limited
19.3% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (2.2%)
- Denchi Group Limited
2.2% - Industry AVG
Employees
with 61 employees, this is below the industry average (80)
61 - Denchi Group Limited
80 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
- Denchi Group Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £162.7k, this is less efficient (£263.8k)
- Denchi Group Limited
£263.8k - Industry AVG
Debtor Days
it gets paid by customers after 99 days, this is later than average (73 days)
- Denchi Group Limited
73 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (45 days)
- Denchi Group Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 75 days, this is less than average (107 days)
- Denchi Group Limited
107 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (6 weeks)
1 weeks - Denchi Group Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.3%, this is a higher level of debt than the average (69.3%)
83.3% - Denchi Group Limited
69.3% - Industry AVG
DENCHI GROUP LIMITED financials
Denchi Group Limited's latest turnover from February 2023 is estimated at £9.9 million and the company has net assets of £885.2 thousand. According to their latest financial statements, Denchi Group Limited has 61 employees and maintains cash reserves of £126.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 61 | 63 | 56 | 46 | 45 | 45 | 43 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 105,674 | 169,341 | 212,377 | 186,119 | 172,160 | 285,028 | 333,386 | 405,306 | 452,623 |
| Intangible Assets | 86,121 | 92,675 | 27,380 | 15,806 | 0 | -45,800 | -89,050 | -128,974 | -168,898 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 102,368 | 102,368 | 83,631 | 66,112 | 94,395 | 115,883 | 0 | 0 | 0 |
| Total Fixed Assets | 294,163 | 364,384 | 323,388 | 268,037 | 266,555 | 355,111 | 244,336 | 276,332 | 283,725 |
| Stock & work in progress | 1,645,214 | 1,557,942 | 1,626,870 | 1,455,072 | 1,238,248 | 1,105,876 | 817,880 | 844,305 | 460,362 |
| Trade Debtors | 2,709,108 | 1,561,422 | 1,034,939 | 1,230,545 | 920,659 | 1,158,309 | 1,512,779 | 353,871 | 1,171,341 |
| Group Debtors | 0 | 0 | 0 | 0 | 83,428 | 0 | 0 | 0 | 0 |
| Misc Debtors | 528,913 | 568,259 | 383,834 | 241,841 | 224,600 | 230,510 | 126,775 | 357,788 | 0 |
| Cash | 126,466 | 173,209 | 767,698 | 82,036 | 43,576 | 47,280 | 424,460 | 879,386 | 768,227 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,009,701 | 3,860,832 | 3,813,341 | 3,009,494 | 2,510,511 | 2,541,975 | 2,881,894 | 2,435,350 | 2,399,930 |
| total assets | 5,303,864 | 4,225,216 | 4,136,729 | 3,277,531 | 2,777,066 | 2,897,086 | 3,126,230 | 2,711,682 | 2,683,655 |
| Bank overdraft | 1,229,681 | 156,158 | 13,027 | 369,578 | 331,376 | 444,966 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 534,461 | 762,487 | 482,942 | 356,219 | 480,247 | 773,129 | 591,354 | 516,308 | 755,455 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 16,411 | 15,002 | 14,714 | 69,774 | 53,354 | 49,757 | 46,403 | 45,833 | 0 |
| hp & lease commitments | 3,439 | 9,538 | 8,469 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,305,731 | 1,749,597 | 1,573,551 | 990,629 | 694,155 | 423,499 | 539,091 | 389,078 | 0 |
| total current liabilities | 4,089,723 | 2,692,782 | 2,092,703 | 1,786,200 | 1,559,132 | 1,691,351 | 1,176,848 | 951,219 | 755,455 |
| loans | 328,861 | 445,272 | 35,274 | 48,997 | 57,211 | 110,565 | 160,323 | 204,167 | 4,167 |
| hp & lease commitments | 0 | 3,439 | 12,977 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 733 | 3,836 | 0 | 0 | 0 | 65,459 | 0 |
| other liabilities | 56 | 395 | 0 | 0 | 0 | 0 | 0 | 0 | 245,833 |
| provisions | 0 | 0 | 10,018 | 0 | 0 | 0 | 27,689 | 30,146 | 53,003 |
| total long term liabilities | 328,917 | 449,106 | 59,002 | 52,833 | 57,211 | 110,565 | 188,012 | 299,772 | 303,003 |
| total liabilities | 4,418,640 | 3,141,888 | 2,151,705 | 1,839,033 | 1,616,343 | 1,801,916 | 1,364,860 | 1,250,991 | 1,058,458 |
| net assets | 885,224 | 1,083,328 | 1,985,024 | 1,438,498 | 1,160,723 | 1,095,170 | 1,761,370 | 1,460,691 | 1,625,197 |
| total shareholders funds | 885,224 | 1,083,328 | 1,985,024 | 1,438,498 | 1,160,723 | 1,095,170 | 1,761,370 | 1,460,691 | 1,625,197 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 83,583 | 83,442 | 76,983 | 94,581 | 138,039 | 122,090 | 125,260 | 115,134 | 66,968 |
| Amortisation | 49,484 | 12,341 | 9,291 | 0 | 45,800 | 43,250 | 39,924 | 39,924 | 513,709 |
| Tax | |||||||||
| Stock | 87,272 | -68,928 | 171,798 | 216,824 | 132,372 | 287,996 | -26,425 | 383,943 | 460,362 |
| Debtors | 1,108,340 | 729,645 | -36,094 | 215,416 | -181,620 | -134,852 | 927,895 | -459,682 | 1,171,341 |
| Creditors | -228,026 | 279,545 | 126,723 | -124,028 | -292,882 | 181,775 | 75,046 | -239,147 | 755,455 |
| Accruals and Deferred Income | 556,134 | 175,313 | 579,819 | 300,310 | 270,656 | -115,592 | 84,554 | 454,537 | 0 |
| Deferred Taxes & Provisions | 0 | -10,018 | 10,018 | 0 | 0 | -27,689 | -2,457 | -22,857 | 53,003 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 1,409 | 288 | -55,060 | 16,420 | 3,597 | 3,354 | 570 | 45,833 | 0 |
| Long term loans | -116,411 | 409,998 | -13,723 | -8,214 | -53,354 | -49,758 | -43,844 | 200,000 | 4,167 |
| Hire Purchase and Lease Commitments | -9,538 | -8,469 | 21,446 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -339 | 395 | 0 | 0 | 0 | 0 | 0 | -245,833 | 245,833 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -46,743 | -594,489 | 685,662 | 38,460 | -3,704 | -377,180 | -454,926 | 111,159 | 768,227 |
| overdraft | 1,073,523 | 143,131 | -356,551 | 38,202 | -113,590 | 444,966 | 0 | 0 | 0 |
| change in cash | -1,120,266 | -737,620 | 1,042,213 | 258 | 109,886 | -822,146 | -454,926 | 111,159 | 768,227 |
denchi group limited Credit Report and Business Information
Denchi Group Limited Competitor Analysis
Perform a competitor analysis for denchi group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
denchi group limited Ownership
DENCHI GROUP LIMITED group structure
Denchi Group Limited has no subsidiary companies.
Ultimate parent company
DENCHI GROUP LIMITED
08676692
denchi group limited directors
Denchi Group Limited currently has 2 directors. The longest serving directors include Mr Derek Campbell (Mar 2014) and Mr Nicholas Russel (Jul 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derek Campbell | 42 years | Mar 2014 | - | Director | |
| Mr Nicholas Russel | England | 50 years | Jul 2014 | - | Director |
P&L
February 2023turnover
9.9m
+8%
operating profit
-94.5k
0%
gross margin
19.4%
-0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
885.2k
-0.18%
total assets
5.3m
+0.26%
cash
126.5k
-0.27%
net assets
Total assets minus all liabilities
denchi group limited company details
company number
08676692
Type
Private limited with Share Capital
industry
27200 - Manufacture of batteries and accumulators
incorporation date
September 2013
age
11
accounts
Total Exemption Full
ultimate parent company
previous names
denchi power limited (December 2020)
batteries spv limited (March 2014)
incorporated
UK
address
c/o mishcon de reya, four station square, cambridge, CB1 2GE
last accounts submitted
February 2023
denchi group 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 denchi group limited.
denchi group limited Companies House Filings - See Documents
| date | description | view/download |
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