dwane plumbing and heating limited
dwane plumbing and heating limited Company Information
Company Number
08955004
Website
-Registered Address
unit 9 unit 9, discovery court, whisby road, lincoln, LN6 3AJ
Industry
Plumbing, heat and air-conditioning installation
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mark dwane 67.5%
mark rogers 22.5%
View Alldwane plumbing and heating limited Estimated Valuation
Pomanda estimates the enterprise value of DWANE PLUMBING AND HEATING LIMITED at £953.5k based on a Turnover of £2.2m and 0.43x industry multiple (adjusted for size and gross margin).
dwane plumbing and heating limited Estimated Valuation
Pomanda estimates the enterprise value of DWANE PLUMBING AND HEATING LIMITED at £355.3k based on an EBITDA of £78.5k and a 4.53x industry multiple (adjusted for size and gross margin).
dwane plumbing and heating limited Estimated Valuation
Pomanda estimates the enterprise value of DWANE PLUMBING AND HEATING LIMITED at £399.5k based on Net Assets of £127.5k and 3.13x industry multiple (adjusted for liquidity).
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Dwane Plumbing And Heating Limited Overview
Dwane Plumbing And Heating Limited is a live company located in lincoln, LN6 3AJ with a Companies House number of 08955004. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in March 2014, it's largest shareholder is mark dwane with a 67.5% stake. Dwane Plumbing And Heating Limited is a established, small sized company, Pomanda has estimated its turnover at £2.2m with high growth in recent years.
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Dwane Plumbing And Heating Limited Health Check
Pomanda's financial health check has awarded Dwane Plumbing And Heating Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £2.2m, make it larger than the average company (£399.4k)
- Dwane Plumbing And Heating Limited
£399.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (4.5%)
- Dwane Plumbing And Heating Limited
4.5% - Industry AVG
Production
with a gross margin of 18.4%, this company has a higher cost of product (27.7%)
- Dwane Plumbing And Heating Limited
27.7% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (6.6%)
- Dwane Plumbing And Heating Limited
6.6% - Industry AVG
Employees
with 22 employees, this is above the industry average (4)
22 - Dwane Plumbing And Heating Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.7k, the company has an equivalent pay structure (£33.7k)
- Dwane Plumbing And Heating Limited
£33.7k - Industry AVG
Efficiency
resulting in sales per employee of £101.3k, this is equally as efficient (£110.7k)
- Dwane Plumbing And Heating Limited
£110.7k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (56 days)
- Dwane Plumbing And Heating Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 110 days, this is slower than average (46 days)
- Dwane Plumbing And Heating Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Dwane Plumbing And Heating Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (21 weeks)
1 weeks - Dwane Plumbing And Heating Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.5%, this is a higher level of debt than the average (61.8%)
82.5% - Dwane Plumbing And Heating Limited
61.8% - Industry AVG
DWANE PLUMBING AND HEATING LIMITED financials
Dwane Plumbing And Heating Limited's latest turnover from March 2023 is estimated at £2.2 million and the company has net assets of £127.5 thousand. According to their latest financial statements, Dwane Plumbing And Heating Limited has 22 employees and maintains cash reserves of £19.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 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 | 22 | 15 | 15 | 15 | 14 | 12 | 10 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 70,872 | 12,195 | 13,858 | 33,645 | 56,769 | 72,108 | 50,887 | 35,672 | 29,252 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 73,985 | 121,712 |
| Total Fixed Assets | 70,872 | 12,195 | 13,858 | 33,645 | 56,769 | 72,108 | 50,887 | 109,657 | 150,964 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 1,465 | 3,115 | 2,800 | 2,800 | 4,000 |
| Trade Debtors | 636,378 | 431,432 | 391,569 | 301,198 | 314,392 | 127,447 | 75,478 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 19,523 | 595 | 61,658 | 104,451 | 232,583 | 170,853 | 151,718 | 113,197 | 103,692 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 655,901 | 432,027 | 453,227 | 405,649 | 548,440 | 301,415 | 229,996 | 115,997 | 107,692 |
| total assets | 726,773 | 444,222 | 467,085 | 439,294 | 605,209 | 373,523 | 280,883 | 225,654 | 258,656 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 551,419 | 324,296 | 332,041 | 325,641 | 401,499 | 271,818 | 181,226 | 129,007 | 131,876 |
| 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 | 551,419 | 324,296 | 332,041 | 325,641 | 401,499 | 271,818 | 181,226 | 129,007 | 131,876 |
| 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 | 34,722 | 40,277 | 45,370 | 812 | 3,588 | 6,988 | 309 | 3,022 | 4,741 |
| provisions | 13,086 | 2,391 | 3,009 | 6,012 | 9,773 | 13,218 | 9,605 | 7,134 | 4,870 |
| total long term liabilities | 47,808 | 42,668 | 48,379 | 6,824 | 13,361 | 20,206 | 9,914 | 10,156 | 9,611 |
| total liabilities | 599,227 | 366,964 | 380,420 | 332,465 | 414,860 | 292,024 | 191,140 | 139,163 | 141,487 |
| net assets | 127,546 | 77,258 | 86,665 | 106,829 | 190,349 | 81,499 | 89,743 | 86,491 | 117,169 |
| total shareholders funds | 127,546 | 77,258 | 86,665 | 106,829 | 190,349 | 81,499 | 89,743 | 86,491 | 117,169 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 16,846 | 11,432 | 19,787 | 23,124 | 25,513 | 22,503 | 12,329 | 7,609 | 6,817 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | -1,465 | -1,650 | 315 | 0 | -1,200 | 4,000 |
| Debtors | 204,946 | 39,863 | 90,371 | -13,194 | 186,945 | 51,969 | 1,493 | -47,727 | 121,712 |
| Creditors | 227,123 | -7,745 | 6,400 | -75,858 | 129,681 | 90,592 | 52,219 | -2,869 | 131,876 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 10,695 | -618 | -3,003 | -3,761 | -3,445 | 3,613 | 2,471 | 2,264 | 4,870 |
| 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 | -5,555 | -5,093 | 44,558 | -2,776 | -3,400 | 6,679 | -2,713 | -1,719 | 4,741 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 18,928 | -61,063 | -42,793 | -128,132 | 61,730 | 19,135 | 38,521 | 9,505 | 103,692 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 18,928 | -61,063 | -42,793 | -128,132 | 61,730 | 19,135 | 38,521 | 9,505 | 103,692 |
dwane plumbing and heating limited Credit Report and Business Information
Dwane Plumbing And Heating Limited Competitor Analysis
Perform a competitor analysis for dwane plumbing and heating limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LN6 area or any other competitors across 12 key performance metrics.
dwane plumbing and heating limited Ownership
DWANE PLUMBING AND HEATING LIMITED group structure
Dwane Plumbing And Heating Limited has no subsidiary companies.
Ultimate parent company
DWANE PLUMBING AND HEATING LIMITED
08955004
dwane plumbing and heating limited directors
Dwane Plumbing And Heating Limited currently has 2 directors. The longest serving directors include Mr Mark Dwane (Mar 2014) and Mr Malcolm Grainger (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Dwane | England | 41 years | Mar 2014 | - | Director |
| Mr Malcolm Grainger | England | 46 years | Jun 2023 | - | Director |
P&L
March 2023turnover
2.2m
+67%
operating profit
61.7k
0%
gross margin
18.5%
+0.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
127.5k
+0.65%
total assets
726.8k
+0.64%
cash
19.5k
+31.81%
net assets
Total assets minus all liabilities
dwane plumbing and heating limited company details
company number
08955004
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
March 2014
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
unit 9 unit 9, discovery court, whisby road, lincoln, LN6 3AJ
Bank
-
Legal Advisor
-
dwane plumbing and heating 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 dwane plumbing and heating limited.
dwane plumbing and heating limited Companies House Filings - See Documents
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