dennetts limited
dennetts limited Company Information
Company Number
09499931
Website
dennettsfurniture.co.ukRegistered Address
1182 warwick road acocks green, birmingham, B27 6BT
Industry
Agents involved in the sale of furniture, household goods, hardware and ironmongery
Telephone
01217061577
Next Accounts Due
December 2024
Group Structure
View All
Directors
Jonathan Coulles9 Years
Shareholders
amy richards 50%
jonathan coulles 50%
dennetts limited Estimated Valuation
Pomanda estimates the enterprise value of DENNETTS LIMITED at £118k based on a Turnover of £579.7k and 0.2x industry multiple (adjusted for size and gross margin).
dennetts limited Estimated Valuation
Pomanda estimates the enterprise value of DENNETTS LIMITED at £0 based on an EBITDA of £-20.1k and a 2.6x industry multiple (adjusted for size and gross margin).
dennetts limited Estimated Valuation
Pomanda estimates the enterprise value of DENNETTS LIMITED at £196.2k based on Net Assets of £106.9k and 1.84x industry multiple (adjusted for liquidity).
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Dennetts Limited Overview
Dennetts Limited is a live company located in birmingham, B27 6BT with a Companies House number of 09499931. It operates in the agents involved in the sale of furniture, household goods, hardware and ironmongery sector, SIC Code 46150. Founded in March 2015, it's largest shareholder is amy richards with a 50% stake. Dennetts Limited is a young, small sized company, Pomanda has estimated its turnover at £579.7k with healthy growth in recent years.
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Dennetts Limited Health Check
Pomanda's financial health check has awarded Dennetts Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £579.7k, make it smaller than the average company (£1.4m)
- Dennetts Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.2%)
- Dennetts Limited
6.2% - Industry AVG
Production
with a gross margin of 18.2%, this company has a higher cost of product (29.4%)
- Dennetts Limited
29.4% - Industry AVG
Profitability
an operating margin of -3.5% make it less profitable than the average company (7.4%)
- Dennetts Limited
7.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (12)
4 - Dennetts Limited
12 - Industry AVG
Pay Structure
on an average salary of £42k, the company has an equivalent pay structure (£42k)
- Dennetts Limited
£42k - Industry AVG
Efficiency
resulting in sales per employee of £144.9k, this is less efficient (£290.1k)
- Dennetts Limited
£290.1k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (39 days)
- Dennetts Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is quicker than average (49 days)
- Dennetts Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Dennetts Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Dennetts Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.4%, this is a lower level of debt than the average (56%)
34.4% - Dennetts Limited
56% - Industry AVG
DENNETTS LIMITED financials
Dennetts Limited's latest turnover from March 2023 is estimated at £579.7 thousand and the company has net assets of £106.9 thousand. According to their latest financial statements, Dennetts Limited has 4 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 5 | 5 | 6 | 5 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,695 | 4,713 | 3,823 | 4,946 | 6,406 | 7,646 | 8,408 | 11,041 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,695 | 4,713 | 3,823 | 4,946 | 6,406 | 7,646 | 8,408 | 11,041 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52,322 |
| Trade Debtors | 155,766 | 185,140 | 178,363 | 138,245 | 132,103 | 139,438 | 114,217 | 6,671 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,338 | 2,840 | 2,657 | 2,735 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 74,265 |
| misc current assets | 0 | 0 | 0 | 0 | 4,129 | 4,605 | 2,678 | 0 |
| total current assets | 159,104 | 187,980 | 181,020 | 140,980 | 136,232 | 144,043 | 116,895 | 133,258 |
| total assets | 162,799 | 192,693 | 184,843 | 145,926 | 142,638 | 151,689 | 125,303 | 144,299 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 55,941 | 65,757 | 50,405 | 46,899 | 50,807 | 49,527 | 71,778 | 92,906 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 55,941 | 65,757 | 50,405 | 46,899 | 50,807 | 49,527 | 71,778 | 92,906 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,001 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,001 |
| total liabilities | 55,941 | 65,757 | 50,405 | 46,899 | 50,807 | 49,527 | 71,778 | 94,907 |
| net assets | 106,858 | 126,936 | 134,438 | 99,027 | 91,831 | 102,162 | 53,525 | 49,392 |
| total shareholders funds | 106,858 | 126,936 | 134,438 | 99,027 | 91,831 | 102,162 | 53,525 | 49,392 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 3,469 | |||||||
| Amortisation | 0 | |||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -52,322 | 52,322 |
| Debtors | -28,876 | 6,960 | 40,040 | 8,877 | -7,335 | 25,221 | 107,546 | 6,671 |
| Creditors | -9,816 | 15,352 | 3,506 | -3,908 | 1,280 | -22,251 | -21,128 | 92,906 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -2,001 | 2,001 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -74,265 | 74,265 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -74,265 | 74,265 |
dennetts limited Credit Report and Business Information
Dennetts Limited Competitor Analysis
Perform a competitor analysis for dennetts limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B27 area or any other competitors across 12 key performance metrics.
dennetts limited Ownership
DENNETTS LIMITED group structure
Dennetts Limited has no subsidiary companies.
Ultimate parent company
DENNETTS LIMITED
09499931
dennetts limited directors
Dennetts Limited currently has 1 director, Mr Jonathan Coulles serving since Mar 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Coulles | United Kingdom | 39 years | Mar 2015 | - | Director |
P&L
March 2023turnover
579.7k
0%
operating profit
-20.1k
0%
gross margin
18.2%
+21.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
106.9k
-0.16%
total assets
162.8k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
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dennetts limited company details
company number
09499931
Type
Private limited with Share Capital
industry
46150 - Agents involved in the sale of furniture, household goods, hardware and ironmongery
incorporation date
March 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
1182 warwick road acocks green, birmingham, B27 6BT
Bank
-
Legal Advisor
-
dennetts 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 dennetts limited.
dennetts limited Companies House Filings - See Documents
| date | description | view/download |
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