Pomanda estimates the enterprise value of D K GLOVESHEETS LTD at £174.4k based on a Turnover of £712.2k and 0.24x industry multiple (adjusted for size and gross margin).
d k glovesheets ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of D K GLOVESHEETS LTD at £0 based on an EBITDA of £-1.7k and a 2.96x industry multiple (adjusted for size and gross margin).
d k glovesheets ltdEstimated Valuation
£59.7k
Pomanda estimates the enterprise value of D K GLOVESHEETS LTD at £59.7k based on Net Assets of £40.7k and 1.47x industry multiple (adjusted for liquidity).
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D K Glovesheets LtdOverview
D K Glovesheets Ltd is a live company located in lingfield, RH7 6PU with a Companies House number of 09136344. It operates in the manufacture of household textiles sector, SIC Code 13923. Founded in July 2014, it's largest shareholder is
bernard dequay
with a 46% stake. D K Glovesheets Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£712.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded D K Glovesheets Ltd a 2 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
Health Rating2out of 5
1 Strong
4 Regular
7 Weak
Size
annual sales of £712.2k, make it smaller than the average company (£5.4m)
£712.2k - D K Glovesheets Ltd
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (1.9%)
-7% - D K Glovesheets Ltd
1.9% - Industry AVG
Production
with a gross margin of 35.2%, this company has a comparable cost of product (35.2%)
35.2% - D K Glovesheets Ltd
35.2% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (2.3%)
-0.4% - D K Glovesheets Ltd
2.3% - Industry AVG
Employees
with 9 employees, this is below the industry average (34)
9 - D K Glovesheets Ltd
34 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)
£46.6k - D K Glovesheets Ltd
£46.6k - Industry AVG
Efficiency
resulting in sales per employee of £79.1k, this is less efficient (£222k)
£79.1k - D K Glovesheets Ltd
£222k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is near the average (46 days)
44 days - D K Glovesheets Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (48 days)
22 days - D K Glovesheets Ltd
48 days - Industry AVG
Stock Days
it holds stock equivalent to 109 days, this is less than average (166 days)
109 days - D K Glovesheets Ltd
166 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 12 weeks, this is average cash available to meet short term requirements (12 weeks)
12 weeks - D K Glovesheets Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.6%, this is a higher level of debt than the average (44.6%)
85.6% - D K Glovesheets Ltd
44.6% - Industry AVG
D K GLOVESHEETS LTD financials
EXPORT
D K Glovesheets Ltd's latest turnover from March 2024 is estimated at £712.2 thousand and the company has net assets of £40.7 thousand. According to their latest financial statements, D K Glovesheets Ltd has 9 employees and maintains cash reserves of £51.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Turnover
712,177
921,720
1,224,015
884,606
1,221,694
1,395,768
1,430,122
1,338,718
713,858
Other Income Or Grants
Cost Of Sales
461,745
657,434
848,986
587,335
924,038
883,517
836,548
710,976
428,613
Gross Profit
250,433
264,285
375,029
297,271
297,656
512,251
593,574
627,742
285,245
Admin Expenses
252,894
267,048
365,918
277,015
283,011
508,615
596,545
626,837
271,284
Operating Profit
-2,461
-2,763
9,111
20,256
14,645
3,636
-2,971
905
13,961
Interest Payable
3,938
4,613
3,375
1,525
Interest Receivable
4,012
3,235
1,089
220
174
1,068
884
434
328
Pre-Tax Profit
-2,387
-4,141
6,825
18,951
14,819
4,704
-2,087
1,339
14,289
Tax
-1,297
-3,601
-2,816
-894
-268
-2,858
Profit After Tax
-2,387
-4,141
5,528
15,350
12,003
3,810
-2,087
1,071
11,431
Dividends Paid
Retained Profit
-2,387
-4,141
5,528
15,350
12,003
3,810
-2,087
1,071
11,431
Employee Costs
419,316
750,184
629,442
680,625
588,602
749,975
836,225
679,518
120,696
Number Of Employees
9
12
16
17
18
25
23
20
4
EBITDA*
-1,678
-2,117
9,986
21,331
16,078
5,347
-690
2,975
15,222
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Tangible Assets
2,399
1,978
2,624
3,226
4,301
5,135
6,846
6,213
3,783
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,399
1,978
2,624
3,226
4,301
5,135
6,846
6,213
3,783
Stock & work in progress
137,942
127,475
213,747
169,357
172,383
162,235
193,418
138,867
205,116
Trade Debtors
87,118
93,899
124,592
99,614
127,193
136,318
102,555
137,911
131,241
Group Debtors
Misc Debtors
3,191
2,974
2,425
11,295
6,129
5,200
4,934
5,241
5,037
Cash
51,845
100,975
51,252
239,104
200,234
147,309
137,479
216,110
131,193
misc current assets
total current assets
280,096
325,323
392,016
519,370
505,939
451,062
438,386
498,129
472,587
total assets
282,495
327,301
394,640
522,596
510,240
456,197
445,232
504,342
476,370
Bank overdraft
10,000
10,000
10,000
Bank loan
Trade Creditors
28,247
11,117
42,211
15,985
83,134
35,249
31,421
36,695
24,469
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
182,971
232,624
254,724
414,501
400,181
405,916
402,323
454,265
440,127
total current liabilities
221,218
253,741
306,935
430,486
483,315
441,165
433,744
490,960
464,596
loans
20,000
30,000
40,000
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
599
495
499
432
597
707
973
780
243
total long term liabilities
20,599
30,495
40,499
50,432
597
707
973
780
243
total liabilities
241,817
284,236
347,434
480,918
483,912
441,872
434,717
491,740
464,839
net assets
40,678
43,065
47,206
41,678
26,328
14,325
10,515
12,602
11,531
total shareholders funds
40,678
43,065
47,206
41,678
26,328
14,325
10,515
12,602
11,531
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Operating Activities
Operating Profit
-2,461
-2,763
9,111
20,256
14,645
3,636
-2,971
905
13,961
Depreciation
783
646
875
1,075
1,433
1,711
2,281
2,070
1,261
Amortisation
Tax
-1,297
-3,601
-2,816
-894
-268
-2,858
Stock
10,467
-86,272
44,390
-3,026
10,148
-31,183
54,551
-66,249
205,116
Debtors
-6,564
-30,144
16,108
-22,413
-8,196
34,029
-35,663
6,874
136,278
Creditors
17,130
-31,094
26,226
-67,149
47,885
3,828
-5,274
12,226
24,469
Accruals and Deferred Income
-49,653
-22,100
-159,777
14,320
-5,735
3,593
-51,942
14,138
440,127
Deferred Taxes & Provisions
104
-4
67
-165
-110
-266
193
537
243
Cash flow from operations
-38,000
61,101
-185,293
-9,825
53,350
8,762
-76,601
88,983
135,809
Investing Activities
capital expenditure
-1,204
-273
-599
-2,914
-4,500
-5,044
Change in Investments
cash flow from investments
-1,204
-273
-599
-2,914
-4,500
-5,044
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-10,000
-10,000
-10,000
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
74
-1,378
-2,286
-1,305
174
1,068
884
434
328
cash flow from financing
-9,926
-11,378
-12,286
48,695
174
1,068
884
434
428
cash and cash equivalents
cash
-49,130
49,723
-187,852
38,870
52,925
9,830
-78,631
84,917
131,193
overdraft
10,000
change in cash
-49,130
49,723
-197,852
38,870
52,925
9,830
-78,631
84,917
131,193
d k glovesheets ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for d k glovesheets ltd. Get real-time insights into d k glovesheets ltd's credit score, group structure and payment trends.
Perform a competitor analysis for d k glovesheets ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in RH7 area or any other competitors across 12 key performance metrics.
d k glovesheets ltd Ownership
D K GLOVESHEETS LTD group structure
D K Glovesheets Ltd has no subsidiary companies.
Ultimate parent company
D K GLOVESHEETS LTD
09136344
D K GLOVESHEETS LTD Shareholders
The largest shareholders in D K Glovesheets Ltd include Bernard Dequay and Lisa Dequay.
bernard dequay
46%
lisa dequay
46%
luke dequay
8%
d k glovesheets ltd directors
D K Glovesheets Ltd currently has 3 directors.
The longest serving directors include
Mrs Lisa De Quay (Jul 2014) and
Mr Bernard De Quay (Jul 2014).
13923 - Manufacture of household textiles (other than soft furnishings of 13.92/1)
incorporation date
July 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
25 high street, dormansland, lingfield, surrey, RH7 6PU
Bank
-
Legal Advisor
-
d k glovesheets 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 d k glovesheets ltd.
d k glovesheets ltd 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.
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d k glovesheets ltdCompanies House Filings - See Documents
