dnv uk limited
dnv uk limited Company Information
Company Number
09208322
Website
www.dnv.comRegistered Address
5th floor vivo building, 30 stamford street, london, SE1 9LQ
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
02038164000
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
dnv as 100%
dnv uk limited Estimated Valuation
Pomanda estimates the enterprise value of DNV UK LIMITED at £40.8m based on a Turnover of £40m and 1.02x industry multiple (adjusted for size and gross margin).
dnv uk limited Estimated Valuation
Pomanda estimates the enterprise value of DNV UK LIMITED at £49.2m based on an EBITDA of £5.9m and a 8.31x industry multiple (adjusted for size and gross margin).
dnv uk limited Estimated Valuation
Pomanda estimates the enterprise value of DNV UK LIMITED at £101.7m based on Net Assets of £44.8m and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Dnv Uk Limited Overview
Dnv Uk Limited is a live company located in london, SE1 9LQ with a Companies House number of 09208322. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in September 2014, it's largest shareholder is dnv as with a 100% stake. Dnv Uk Limited is a established, large sized company, Pomanda has estimated its turnover at £40m with healthy growth in recent years.
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Dnv Uk Limited Health Check
Pomanda's financial health check has awarded Dnv Uk Limited 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
1 Regular
4 Weak
Size
annual sales of £40m, make it larger than the average company (£2.8m)
£40m - Dnv Uk Limited
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7%)
5% - Dnv Uk Limited
7% - Industry AVG
Production
with a gross margin of 47.8%, this company has a comparable cost of product (44.6%)
47.8% - Dnv Uk Limited
44.6% - Industry AVG
Profitability
an operating margin of 14.8% make it more profitable than the average company (5.6%)
14.8% - Dnv Uk Limited
5.6% - Industry AVG
Employees
with 180 employees, this is above the industry average (21)
180 - Dnv Uk Limited
21 - Industry AVG
Pay Structure
on an average salary of £96.9k, the company has a higher pay structure (£52.6k)
£96.9k - Dnv Uk Limited
£52.6k - Industry AVG
Efficiency
resulting in sales per employee of £222.3k, this is more efficient (£124.4k)
£222.3k - Dnv Uk Limited
£124.4k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (56 days)
90 days - Dnv Uk Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (31 days)
1 days - Dnv Uk Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Dnv Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (26 weeks)
48 weeks - Dnv Uk Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.3%, this is a lower level of debt than the average (52.7%)
17.3% - Dnv Uk Limited
52.7% - Industry AVG
DNV UK LIMITED financials
Dnv Uk Limited's latest turnover from December 2023 is £40 million and the company has net assets of £44.8 million. According to their latest financial statements, Dnv Uk Limited has 180 employees and maintains cash reserves of £7.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 40,020,000 | 36,182,000 | 33,857,000 | 34,215,000 | 37,690,000 | 39,828,000 | 39,982,000 | 48,182,000 | 51,825,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 20,882,000 | 17,736,000 | 17,710,000 | 17,823,000 | 17,804,000 | 19,363,000 | 20,845,000 | 25,639,000 | 26,419,000 |
| Gross Profit | 19,138,000 | 18,446,000 | 16,147,000 | 16,392,000 | 19,886,000 | 20,465,000 | 19,137,000 | 22,543,000 | 25,406,000 |
| Admin Expenses | 13,230,000 | 14,054,000 | 12,786,000 | 12,300,000 | 15,327,000 | 14,515,000 | 17,145,000 | 16,570,000 | 15,857,000 |
| Operating Profit | 5,908,000 | 4,392,000 | 3,361,000 | 4,092,000 | 4,559,000 | 5,950,000 | 1,992,000 | 5,973,000 | 9,549,000 |
| Interest Payable | 37,000 | 33,000 | 23,000 | 32,000 | 42,000 | 141,000 | 176,000 | 546,000 | 519,000 |
| Interest Receivable | 1,292,000 | 855,000 | 684,000 | 712,000 | 624,000 | 253,000 | 62,000 | 66,000 | 2,000 |
| Pre-Tax Profit | 7,163,000 | 5,214,000 | 4,022,000 | 4,772,000 | 5,141,000 | 6,062,000 | 1,878,000 | 5,493,000 | 9,032,000 |
| Tax | -1,710,000 | -998,000 | -888,000 | -905,000 | -957,000 | -1,250,000 | -569,000 | -462,000 | -901,000 |
| Profit After Tax | 5,453,000 | 4,216,000 | 3,134,000 | 3,867,000 | 4,184,000 | 4,812,000 | 1,309,000 | 5,031,000 | 8,131,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 5,453,000 | 4,216,000 | 3,134,000 | 3,867,000 | 4,184,000 | 4,812,000 | 1,309,000 | 5,031,000 | 8,131,000 |
| Employee Costs | 17,443,000 | 16,231,000 | 15,373,000 | 14,326,000 | 14,673,000 | 14,908,000 | 15,585,000 | 18,176,000 | 19,682,000 |
| Number Of Employees | 180 | 175 | 169 | 174 | 170 | 178 | 180 | 232 | 266 |
| EBITDA* | 5,914,000 | 4,399,000 | 3,372,000 | 4,105,000 | 4,573,000 | 5,984,000 | 2,037,000 | 6,018,000 | 9,657,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 62,000 | 68,000 | 73,000 | 84,000 | 97,000 | 111,000 | 134,000 | 174,000 | 216,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,328,000 | 2,411,000 | 2,998,000 | 340,000 | 1,496,000 | 2,707,000 | 2,537,000 | 0 | 0 |
| Debtors (Due After 1 year) | 8,916,000 | 24,916,000 | 16,000,000 | 16,000,000 | 16,000,000 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 12,306,000 | 27,395,000 | 19,071,000 | 16,424,000 | 17,593,000 | 2,818,000 | 2,671,000 | 174,000 | 216,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,974,000 | 10,141,000 | 6,699,000 | 6,890,000 | 8,054,000 | 10,204,000 | 9,365,000 | 13,238,000 | 12,757,000 |
| Group Debtors | 21,394,000 | 4,852,000 | 3,212,000 | 2,764,000 | 3,137,000 | 5,894,000 | 3,560,000 | 6,938,000 | 11,504,000 |
| Misc Debtors | 3,295,000 | 2,259,000 | 2,224,000 | 316,000 | 478,000 | 287,000 | 951,000 | 387,000 | 204,000 |
| Cash | 7,267,000 | 2,080,000 | 11,502,000 | 9,234,000 | 3,736,000 | 13,212,000 | 18,422,000 | 23,359,000 | 7,562,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 41,930,000 | 19,332,000 | 23,637,000 | 19,204,000 | 15,405,000 | 29,597,000 | 32,298,000 | 43,922,000 | 32,027,000 |
| total assets | 54,236,000 | 46,727,000 | 42,708,000 | 35,628,000 | 32,998,000 | 32,415,000 | 34,969,000 | 44,096,000 | 32,243,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 74,000 | 112,000 | 88,000 | 31,000 | 97,000 | 55,000 | 155,000 | 522,000 | 411,000 |
| Group/Directors Accounts | 3,449,000 | 3,253,000 | 2,905,000 | 2,147,000 | 1,982,000 | 3,858,000 | 6,458,000 | 15,635,000 | 8,552,000 |
| 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 | 4,316,000 | 3,254,000 | 3,030,000 | 2,749,000 | 3,007,000 | 3,412,000 | 2,960,000 | 4,633,000 | 5,160,000 |
| total current liabilities | 7,839,000 | 6,619,000 | 6,023,000 | 4,927,000 | 5,086,000 | 7,325,000 | 9,573,000 | 20,790,000 | 14,123,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 5,400,000 | 5,400,000 | 28,400,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 89,000 | 112,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,570,000 | 1,326,000 | 1,636,000 | 776,000 | 925,000 | 922,000 | 701,000 | 0 | 148,000 |
| total long term liabilities | 1,570,000 | 1,326,000 | 1,636,000 | 776,000 | 925,000 | 922,000 | 6,101,000 | 8,698,000 | 31,279,000 |
| total liabilities | 9,409,000 | 7,945,000 | 7,659,000 | 5,703,000 | 6,011,000 | 8,247,000 | 15,674,000 | 29,488,000 | 45,402,000 |
| net assets | 44,827,000 | 38,782,000 | 35,049,000 | 29,925,000 | 26,987,000 | 24,168,000 | 19,295,000 | 14,608,000 | -13,159,000 |
| total shareholders funds | 44,827,000 | 38,782,000 | 35,049,000 | 29,925,000 | 26,987,000 | 24,168,000 | 19,295,000 | 14,608,000 | -13,159,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 5,908,000 | 4,392,000 | 3,361,000 | 4,092,000 | 4,559,000 | 5,950,000 | 1,992,000 | 5,973,000 | 9,549,000 |
| Depreciation | 6,000 | 7,000 | 11,000 | 13,000 | 14,000 | 34,000 | 45,000 | 45,000 | 108,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,710,000 | -998,000 | -888,000 | -905,000 | -957,000 | -1,250,000 | -569,000 | -462,000 | -901,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,411,000 | 14,033,000 | 2,165,000 | -1,699,000 | 11,284,000 | 2,509,000 | -6,687,000 | -3,902,000 | 24,465,000 |
| Creditors | -38,000 | 24,000 | 57,000 | -66,000 | 42,000 | -100,000 | -367,000 | 111,000 | 411,000 |
| Accruals and Deferred Income | 1,062,000 | 224,000 | 281,000 | -258,000 | -405,000 | 452,000 | -1,762,000 | -550,000 | 5,272,000 |
| Deferred Taxes & Provisions | 244,000 | -310,000 | 860,000 | -149,000 | 3,000 | 221,000 | 701,000 | -148,000 | 148,000 |
| Cash flow from operations | 4,061,000 | -10,694,000 | 1,517,000 | 4,426,000 | -8,028,000 | 2,798,000 | 6,727,000 | 8,871,000 | -9,878,000 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 917,000 | -587,000 | 2,658,000 | -1,156,000 | -1,211,000 | 170,000 | 2,537,000 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 196,000 | 348,000 | 758,000 | 165,000 | -1,876,000 | -2,600,000 | -9,177,000 | 7,083,000 | 8,552,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -5,400,000 | 0 | -23,000,000 | 28,400,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 1,255,000 | 822,000 | 661,000 | 680,000 | 582,000 | 112,000 | -114,000 | -480,000 | -517,000 |
| cash flow from financing | 2,043,000 | 687,000 | 3,409,000 | -84,000 | -2,659,000 | -7,827,000 | -5,913,000 | 6,339,000 | 15,145,000 |
| cash and cash equivalents | |||||||||
| cash | 5,187,000 | -9,422,000 | 2,268,000 | 5,498,000 | -9,476,000 | -5,210,000 | -4,937,000 | 15,797,000 | 7,562,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 5,187,000 | -9,422,000 | 2,268,000 | 5,498,000 | -9,476,000 | -5,210,000 | -4,937,000 | 15,797,000 | 7,562,000 |
dnv uk limited Credit Report and Business Information
Dnv Uk Limited Competitor Analysis
Perform a competitor analysis for dnv uk limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in SE1 area or any other competitors across 12 key performance metrics.
dnv uk limited Ownership
DNV UK LIMITED group structure
Dnv Uk Limited has no subsidiary companies.
Ultimate parent company
STIFTELSEN DET NORSKE VERITAS
#0112999
DNV GROUP AS
#0134009
2 parents
DNV UK LIMITED
09208322
dnv uk limited directors
Dnv Uk Limited currently has 3 directors. The longest serving directors include Mr Pradeep Vamadevan (Jan 2019) and Mr Robert Stebbings (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Pradeep Vamadevan | England | 57 years | Jan 2019 | - | Director |
| Mr Robert Stebbings | England | 50 years | Feb 2022 | - | Director |
| Mr Kevin Hughes | 42 years | Sep 2022 | - | Director |
P&L
December 2023turnover
40m
+11%
operating profit
5.9m
+35%
gross margin
47.9%
-6.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
44.8m
+0.16%
total assets
54.2m
+0.16%
cash
7.3m
+2.49%
net assets
Total assets minus all liabilities
dnv uk limited company details
company number
09208322
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
September 2014
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
dnv gl uk limited (April 2021)
snrdco 3183 limited (November 2014)
accountant
-
auditor
KPMG LLP
address
5th floor vivo building, 30 stamford street, london, SE1 9LQ
Bank
DNB NOR
Legal Advisor
-
dnv uk 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 dnv uk limited.
dnv uk limited Companies House Filings - See Documents
| date | description | view/download |
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