direct drain cleaning services limited
direct drain cleaning services limited Company Information
Company Number
09395222
Website
direct-drains.comRegistered Address
suite 207 137-149 davina house, goswell road, london, EC1V 7ET
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
02074902439
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
eduardo romasanta brion 25%
joseph errol gavin 25%
View Alldirect drain cleaning services limited Estimated Valuation
Pomanda estimates the enterprise value of DIRECT DRAIN CLEANING SERVICES LIMITED at £522.5k based on a Turnover of £1.2m and 0.44x industry multiple (adjusted for size and gross margin).
direct drain cleaning services limited Estimated Valuation
Pomanda estimates the enterprise value of DIRECT DRAIN CLEANING SERVICES LIMITED at £39.9k based on an EBITDA of £9.1k and a 4.4x industry multiple (adjusted for size and gross margin).
direct drain cleaning services limited Estimated Valuation
Pomanda estimates the enterprise value of DIRECT DRAIN CLEANING SERVICES LIMITED at £314.1k based on Net Assets of £146.7k and 2.14x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Direct Drain Cleaning Services Limited Overview
Direct Drain Cleaning Services Limited is a live company located in london, EC1V 7ET with a Companies House number of 09395222. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in January 2015, it's largest shareholder is eduardo romasanta brion with a 25% stake. Direct Drain Cleaning Services Limited is a young, small sized company, Pomanda has estimated its turnover at £1.2m with healthy growth in recent years.
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Direct Drain Cleaning Services Limited Health Check
Pomanda's financial health check has awarded Direct Drain Cleaning Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£6.2m)
- Direct Drain Cleaning Services Limited
£6.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (6.7%)
- Direct Drain Cleaning Services Limited
6.7% - Industry AVG
Production
with a gross margin of 24.1%, this company has a comparable cost of product (24.1%)
- Direct Drain Cleaning Services Limited
24.1% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (5.8%)
- Direct Drain Cleaning Services Limited
5.8% - Industry AVG
Employees
with 10 employees, this is below the industry average (28)
10 - Direct Drain Cleaning Services Limited
28 - Industry AVG
Pay Structure
on an average salary of £45.7k, the company has an equivalent pay structure (£45.7k)
- Direct Drain Cleaning Services Limited
£45.7k - Industry AVG
Efficiency
resulting in sales per employee of £118.8k, this is less efficient (£186.7k)
- Direct Drain Cleaning Services Limited
£186.7k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (58 days)
- Direct Drain Cleaning Services Limited
58 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Direct Drain Cleaning Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Direct Drain Cleaning Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (19 weeks)
53 weeks - Direct Drain Cleaning Services Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.4%, this is a lower level of debt than the average (62.3%)
48.4% - Direct Drain Cleaning Services Limited
62.3% - Industry AVG
DIRECT DRAIN CLEANING SERVICES LIMITED financials
Direct Drain Cleaning Services Limited's latest turnover from May 2023 is estimated at £1.2 million and the company has net assets of £146.7 thousand. According to their latest financial statements, Direct Drain Cleaning Services Limited has 10 employees and maintains cash reserves of £140.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 10 | 10 | 9 | 9 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,967 | 35,239 | 36,167 | 38,508 | 8,899 | 290 | 389 | 196 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 15,967 | 35,239 | 36,167 | 38,508 | 8,899 | 290 | 389 | 200 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 127,783 | 152,594 | 107,683 | 104,020 | 182,091 | 132,710 | 122,633 | 122,554 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 17 | 0 | 0 | 0 | 0 |
| Cash | 140,591 | 122,434 | 150,045 | 113,462 | 0 | 0 | 57,448 | 63,693 |
| misc current assets | 52 | 3 | 12 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 268,426 | 275,031 | 257,740 | 217,499 | 182,091 | 132,710 | 180,081 | 186,247 |
| total assets | 284,393 | 310,270 | 293,907 | 256,007 | 190,990 | 133,000 | 180,470 | 186,447 |
| Bank overdraft | 27,981 | 38,867 | 50,000 | 50,000 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 111,755 | 82,064 | 87,951 | 96,363 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 107,947 | 112,476 | 115,092 | 118,933 | 0 | 0 | 0 | 0 |
| total current liabilities | 135,928 | 151,343 | 165,092 | 168,933 | 111,755 | 82,064 | 87,951 | 96,363 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,808 | 4,482 | 12,498 | 22,177 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,808 | 4,482 | 12,498 | 22,177 | 0 | 0 | 0 | 0 |
| total liabilities | 137,736 | 155,825 | 177,590 | 191,110 | 111,755 | 82,064 | 87,951 | 96,363 |
| net assets | 146,657 | 154,445 | 116,317 | 64,897 | 79,235 | 50,936 | 92,519 | 90,084 |
| total shareholders funds | 146,657 | 154,445 | 116,317 | 64,897 | 79,235 | 50,936 | 92,519 | 90,084 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 19,272 | 19,364 | 13,213 | 16,147 | 99 | 28 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -24,811 | 44,911 | 3,646 | -78,054 | 49,381 | 10,077 | 79 | 122,554 |
| Creditors | 0 | 0 | 0 | -111,755 | 29,691 | -5,887 | -8,412 | 96,363 |
| Accruals and Deferred Income | -4,529 | -2,616 | -3,841 | 118,933 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 | -4 | 4 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -2,674 | -8,016 | -9,679 | 22,177 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 18,157 | -27,611 | 36,583 | 113,462 | 0 | -57,448 | -6,245 | 63,693 |
| overdraft | -10,886 | -11,133 | 0 | 50,000 | 0 | 0 | 0 | 0 |
| change in cash | 29,043 | -16,478 | 36,583 | 63,462 | 0 | -57,448 | -6,245 | 63,693 |
direct drain cleaning services limited Credit Report and Business Information
Direct Drain Cleaning Services Limited Competitor Analysis
Perform a competitor analysis for direct drain cleaning services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EC1V area or any other competitors across 12 key performance metrics.
direct drain cleaning services limited Ownership
DIRECT DRAIN CLEANING SERVICES LIMITED group structure
Direct Drain Cleaning Services Limited has no subsidiary companies.
Ultimate parent company
DIRECT DRAIN CLEANING SERVICES LIMITED
09395222
direct drain cleaning services limited directors
Direct Drain Cleaning Services Limited currently has 4 directors. The longest serving directors include Mr Gerald Stechman (Jan 2015) and Mr John Baldwin (Feb 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gerald Stechman | United Kingdom | 49 years | Jan 2015 | - | Director |
| Mr John Baldwin | England | 50 years | Feb 2015 | - | Director |
| Mr Errol Gavin | England | 57 years | Feb 2015 | - | Director |
| Mr Eduardo Romasanta Brion | England | 58 years | Feb 2015 | - | Director |
P&L
May 2023turnover
1.2m
-3%
operating profit
-10.2k
0%
gross margin
24.1%
-2.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
146.7k
-0.05%
total assets
284.4k
-0.08%
cash
140.6k
+0.15%
net assets
Total assets minus all liabilities
direct drain cleaning services limited company details
company number
09395222
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
January 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
ATRIUM TAX CONSULTANCY GROUP INT'L LTD
auditor
-
address
suite 207 137-149 davina house, goswell road, london, EC1V 7ET
Bank
-
Legal Advisor
-
direct drain cleaning services 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 direct drain cleaning services limited.
direct drain cleaning services limited Companies House Filings - See Documents
| date | description | view/download |
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