ddg plumbing & heating solutions ltd
ddg plumbing & heating solutions ltd Company Information
Company Number
08792991
Website
www.ddgplumbing.co.ukRegistered Address
vesta works greg street, reddish, stockport, cheshire, SK5 7BS
Industry
Plumbing, heat and air-conditioning installation
Telephone
01614432167
Next Accounts Due
December 2024
Group Structure
View All
Directors
Daryl Gooch10 Years
Shareholders
daryl gooch 98%
alison gooch 1%
View Allddg plumbing & heating solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of DDG PLUMBING & HEATING SOLUTIONS LTD at £2.5m based on a Turnover of £6.7m and 0.37x industry multiple (adjusted for size and gross margin).
ddg plumbing & heating solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of DDG PLUMBING & HEATING SOLUTIONS LTD at £6.3m based on an EBITDA of £1.5m and a 4.25x industry multiple (adjusted for size and gross margin).
ddg plumbing & heating solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of DDG PLUMBING & HEATING SOLUTIONS LTD at £3.7m based on Net Assets of £1.1m and 3.25x industry multiple (adjusted for liquidity).
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Ddg Plumbing & Heating Solutions Ltd Overview
Ddg Plumbing & Heating Solutions Ltd is a live company located in stockport, SK5 7BS with a Companies House number of 08792991. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in November 2013, it's largest shareholder is daryl gooch with a 98% stake. Ddg Plumbing & Heating Solutions Ltd is a established, mid sized company, Pomanda has estimated its turnover at £6.7m with healthy growth in recent years.
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Ddg Plumbing & Heating Solutions Ltd Health Check
Pomanda's financial health check has awarded Ddg Plumbing & Heating Solutions Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £6.7m, make it larger than the average company (£358.1k)
- Ddg Plumbing & Heating Solutions Ltd
£358.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (4.3%)
- Ddg Plumbing & Heating Solutions Ltd
4.3% - Industry AVG
Production
with a gross margin of 18.1%, this company has a higher cost of product (27.8%)
- Ddg Plumbing & Heating Solutions Ltd
27.8% - Industry AVG
Profitability
an operating margin of 21% make it more profitable than the average company (6.5%)
- Ddg Plumbing & Heating Solutions Ltd
6.5% - Industry AVG
Employees
with 50 employees, this is above the industry average (4)
50 - Ddg Plumbing & Heating Solutions Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)
- Ddg Plumbing & Heating Solutions Ltd
£33.4k - Industry AVG
Efficiency
resulting in sales per employee of £133.4k, this is more efficient (£109.9k)
- Ddg Plumbing & Heating Solutions Ltd
£109.9k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (57 days)
- Ddg Plumbing & Heating Solutions Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 137 days, this is slower than average (47 days)
- Ddg Plumbing & Heating Solutions Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 88 days, this is more than average (11 days)
- Ddg Plumbing & Heating Solutions Ltd
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (19 weeks)
3 weeks - Ddg Plumbing & Heating Solutions Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.2%, this is a similar level of debt than the average (62.1%)
68.2% - Ddg Plumbing & Heating Solutions Ltd
62.1% - Industry AVG
DDG PLUMBING & HEATING SOLUTIONS LTD financials
Ddg Plumbing & Heating Solutions Ltd's latest turnover from March 2023 is estimated at £6.7 million and the company has net assets of £1.1 million. According to their latest financial statements, Ddg Plumbing & Heating Solutions Ltd has 50 employees and maintains cash reserves of £138.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | 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 | 50 | 39 | 33 | 34 | 29 | 33 | 17 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 509,007 | 480,527 | 276,150 | 179,687 | 173,926 | 169,309 | 126,029 | 46,343 | 17,118 |
| Intangible Assets | 0 | 0 | 0 | 7,500 | 15,000 | 22,500 | 30,000 | 37,500 | 45,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 509,007 | 480,527 | 276,150 | 187,187 | 188,926 | 191,809 | 156,029 | 83,843 | 62,118 |
| Stock & work in progress | 1,331,000 | 735,000 | 588,000 | 395,000 | 235,000 | 47,000 | 46,700 | 20,870 | 0 |
| Trade Debtors | 1,586,411 | 1,937,444 | 1,526,902 | 999,136 | 615,614 | 384,476 | 195,122 | 163,291 | 88,109 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 138,558 | 101,229 | 172,192 | 22,698 | 10,102 | 34,694 | 3,131 | 9,190 | 22,692 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,055,969 | 2,773,673 | 2,287,094 | 1,416,834 | 860,716 | 466,170 | 244,953 | 193,351 | 110,801 |
| total assets | 3,564,976 | 3,254,200 | 2,563,244 | 1,604,021 | 1,049,642 | 657,979 | 400,982 | 277,194 | 172,919 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,057,781 | 1,905,902 | 1,621,391 | 1,145,559 | 798,758 | 497,330 | 254,367 | 174,955 | 153,847 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,057,781 | 1,905,902 | 1,621,391 | 1,145,559 | 798,758 | 497,330 | 254,367 | 174,955 | 153,847 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 372,636 | 604,192 | 518,740 | 47,718 | 64,071 | 49,073 | 53,421 | 32,384 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 372,636 | 604,192 | 518,740 | 47,718 | 64,071 | 49,073 | 53,421 | 32,384 | 0 |
| total liabilities | 2,430,417 | 2,510,094 | 2,140,131 | 1,193,277 | 862,829 | 546,403 | 307,788 | 207,339 | 153,847 |
| net assets | 1,134,559 | 744,106 | 423,113 | 410,744 | 186,813 | 111,576 | 93,194 | 69,855 | 19,072 |
| total shareholders funds | 1,134,559 | 744,106 | 423,113 | 410,744 | 186,813 | 111,576 | 93,194 | 69,855 | 19,072 |
| Mar 2023 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 86,931 | 66,861 | 50,653 | 29,815 | 39,494 | 38,422 | 26,611 | 15,345 | 5,759 |
| Amortisation | 0 | 0 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 0 |
| Tax | |||||||||
| Stock | 1,331,000 | 147,000 | 193,000 | 160,000 | 188,000 | 300 | 25,830 | 20,870 | 0 |
| Debtors | 1,586,411 | 410,542 | 527,766 | 383,522 | 231,138 | 189,354 | 31,831 | 75,182 | 88,109 |
| Creditors | 2,057,781 | 284,511 | 475,832 | 346,801 | 301,428 | 242,963 | 79,412 | 21,108 | 153,847 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 372,636 | 85,452 | 471,022 | -16,353 | 14,998 | -4,348 | 21,037 | 32,384 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 138,558 | -70,963 | 149,494 | 12,596 | -24,592 | 31,563 | -6,059 | -13,502 | 22,692 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 138,558 | -70,963 | 149,494 | 12,596 | -24,592 | 31,563 | -6,059 | -13,502 | 22,692 |
ddg plumbing & heating solutions ltd Credit Report and Business Information
Ddg Plumbing & Heating Solutions Ltd Competitor Analysis
Perform a competitor analysis for ddg plumbing & heating solutions ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ddg plumbing & heating solutions ltd Ownership
DDG PLUMBING & HEATING SOLUTIONS LTD group structure
Ddg Plumbing & Heating Solutions Ltd has no subsidiary companies.
Ultimate parent company
DDG PLUMBING & HEATING SOLUTIONS LTD
08792991
ddg plumbing & heating solutions ltd directors
Ddg Plumbing & Heating Solutions Ltd currently has 1 director, Mr Daryl Gooch serving since Nov 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daryl Gooch | England | 39 years | Nov 2013 | - | Director |
P&L
March 2023turnover
6.7m
0%
operating profit
1.4m
0%
gross margin
18.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.1m
0%
total assets
3.6m
0%
cash
138.6k
0%
net assets
Total assets minus all liabilities
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ddg plumbing & heating solutions ltd company details
company number
08792991
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
November 2013
age
11
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
vesta works greg street, reddish, stockport, cheshire, SK5 7BS
last accounts submitted
March 2023
ddg plumbing & heating solutions 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 ddg plumbing & heating solutions ltd.
ddg plumbing & heating solutions ltd Companies House Filings - See Documents
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