desta technology limited

Dissolved 

desta technology limited Company Information

Share DESTA TECHNOLOGY LIMITED

Company Number

09646988

Shareholders

jennifer clarke

Group Structure

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Industry

Other information service activities n.e.c.

 

Registered Address

9 raleigh road, london, SE20 7JE

Website

-

desta technology limited Estimated Valuation

£77

Pomanda estimates the enterprise value of DESTA TECHNOLOGY LIMITED at £77 based on a Turnover of £120 and 0.64x industry multiple (adjusted for size and gross margin).

desta technology limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DESTA TECHNOLOGY LIMITED at £0 based on an EBITDA of £-410 and a 3.76x industry multiple (adjusted for size and gross margin).

desta technology limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DESTA TECHNOLOGY LIMITED at £0 based on Net Assets of £-4.9k and 2.39x industry multiple (adjusted for liquidity).

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Desta Technology Limited Overview

Desta Technology Limited is a dissolved company that was located in london, SE20 7JE with a Companies House number of 09646988. It operated in the other information service activities n.e.c. sector, SIC Code 63990. Founded in June 2015, it's largest shareholder was jennifer clarke with a 100% stake. The last turnover for Desta Technology Limited was estimated at £120.4.

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Desta Technology Limited Health Check

Pomanda's financial health check has awarded Desta Technology Limited a 1.5 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

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £120.4, make it smaller than the average company (£540.7k)

£120.4 - Desta Technology Limited

£540.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -84%, show it is growing at a slower rate (3.9%)

-84% - Desta Technology Limited

3.9% - Industry AVG

production

Production

with a gross margin of 32.8%, this company has a higher cost of product (58%)

32.8% - Desta Technology Limited

58% - Industry AVG

profitability

Profitability

an operating margin of -340.5% make it less profitable than the average company (4.2%)

-340.5% - Desta Technology Limited

4.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (15)

1 - Desta Technology Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £23.9k, the company has an equivalent pay structure (£23.9k)

£23.9k - Desta Technology Limited

£23.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £120.4, this is less efficient (£40.7k)

£120.4 - Desta Technology Limited

£40.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 15 days, this is earlier than average (29 days)

15 days - Desta Technology Limited

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1271 days, this is slower than average (37 days)

1271 days - Desta Technology Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Desta Technology Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Desta Technology Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 97560%, this is a higher level of debt than the average (28%)

97560% - Desta Technology Limited

28% - Industry AVG

DESTA TECHNOLOGY LIMITED financials

EXPORTms excel logo

Desta Technology Limited's latest turnover from March 2020 is estimated at £120 and the company has net assets of -£4.9 thousand. According to their latest financial statements, we estimate that Desta Technology Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover1202,3831,67730,59035,775
Other Income Or Grants
Cost Of Sales811,5801,11019,78023,268
Gross Profit3980356710,81012,507
Admin Expenses449-4326,63911,280-8,851
Operating Profit-4101,235-6,072-47021,358
Interest Payable1414
Interest Receivable7
Pre-Tax Profit-4101,235-6,072-47721,357
Tax-235-4,271
Profit After Tax-4101,000-6,072-47717,086
Dividends Paid16,000
Retained Profit-4101,000-6,072-4771,086
Employee Costs23,87923,65823,42323,33423,812
Number Of Employees11111
EBITDA*-4101,235-6,072-47021,358

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors52181057,2761,107
Group Debtors
Misc Debtors
Cash5,489
misc current assets
total current assets52181057,2766,596
total assets52181057,2766,596
Bank overdraft
Bank loan
Trade Creditors 2824,5575,3786,432
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities5,076
total current liabilities2824,5575,3786,4325,076
loans433
hp & lease commitments
Accruals and Deferred Income
other liabilities4,596124190235
provisions
total long term liabilities4,596124190235433
total liabilities4,8784,6815,5686,6675,509
net assets-4,873-4,463-5,4636091,087
total shareholders funds-4,873-4,463-5,4636091,087
Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit-4101,235-6,072-47021,358
Depreciation
Amortisation
Tax-235-4,271
Stock
Debtors-213113-7,1716,1691,107
Creditors-4,275-821-1,0546,432
Accruals and Deferred Income-5,0765,076
Deferred Taxes & Provisions
Cash flow from operations-4,4726645-5,28321,056
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-433433
Hire Purchase and Lease Commitments
other long term liabilities4,472-66-45235
share issue-11
interest-7-14
cash flow from financing4,472-66-45-206420
cash and cash equivalents
cash-5,4895,489
overdraft
change in cash-5,4895,489

desta technology limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Desta Technology Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for desta technology limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in SE20 area or any other competitors across 12 key performance metrics.

desta technology limited Ownership

DESTA TECHNOLOGY LIMITED group structure

Desta Technology Limited has no subsidiary companies.

Ultimate parent company

DESTA TECHNOLOGY LIMITED

09646988

DESTA TECHNOLOGY LIMITED Shareholders

jennifer clarke 100%

desta technology limited directors

Desta Technology Limited currently has 1 director, Ms Jenniffer Clarke serving since Jun 2015.

officercountryagestartendrole
Ms Jenniffer ClarkeUnited Kingdom56 years Jun 2015- Director

P&L

March 2020

turnover

120.4

-95%

operating profit

-410

0%

gross margin

32.8%

-2.77%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2020

net assets

-4.9k

+0.09%

total assets

5

-0.98%

cash

0

0%

net assets

Total assets minus all liabilities

desta technology limited company details

company number

09646988

Type

Private limited with Share Capital

industry

63990 - Other information service activities n.e.c.

incorporation date

June 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2020

previous names

N/A

accountant

-

auditor

-

address

9 raleigh road, london, SE20 7JE

Bank

-

Legal Advisor

-

desta technology 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 desta technology limited.

desta technology limited 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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desta technology limited Companies House Filings - See Documents

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