d.b. systems holdings limited
d.b. systems holdings limited Company Information
Company Number
09648624
Website
www.dbpixelhouse.comRegistered Address
spectrum 800 ashchurch business, alexandra way, tewkesbury, gloucestershire, GL20 8TD
Industry
Activities of head offices
Telephone
03452263083
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
westbridge sme fund lp 41.2%
david bulley 38.6%
View Alld.b. systems holdings limited Estimated Valuation
Pomanda estimates the enterprise value of D.B. SYSTEMS HOLDINGS LIMITED at £40.5m based on a Turnover of £9.2m and 4.38x industry multiple (adjusted for size and gross margin).
d.b. systems holdings limited Estimated Valuation
Pomanda estimates the enterprise value of D.B. SYSTEMS HOLDINGS LIMITED at £17.8m based on an EBITDA of £2.4m and a 7.51x industry multiple (adjusted for size and gross margin).
d.b. systems holdings limited Estimated Valuation
Pomanda estimates the enterprise value of D.B. SYSTEMS HOLDINGS LIMITED at £0 based on Net Assets of £-2.5m and 3.95x industry multiple (adjusted for liquidity).
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D.b. Systems Holdings Limited Overview
D.b. Systems Holdings Limited is a live company located in tewkesbury, GL20 8TD with a Companies House number of 09648624. It operates in the activities of head offices sector, SIC Code 70100. Founded in June 2015, it's largest shareholder is westbridge sme fund lp with a 41.2% stake. D.b. Systems Holdings Limited is a young, mid sized company, Pomanda has estimated its turnover at £9.2m with low growth in recent years.
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D.b. Systems Holdings Limited Health Check
Pomanda's financial health check has awarded D.B. Systems Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £9.2m, make it smaller than the average company (£21m)
£9.2m - D.b. Systems Holdings Limited
£21m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4.7%)
1% - D.b. Systems Holdings Limited
4.7% - Industry AVG
Production
with a gross margin of 51.5%, this company has a lower cost of product (33.2%)
51.5% - D.b. Systems Holdings Limited
33.2% - Industry AVG
Profitability
an operating margin of 19.3% make it more profitable than the average company (5.8%)
19.3% - D.b. Systems Holdings Limited
5.8% - Industry AVG
Employees
with 55 employees, this is below the industry average (122)
55 - D.b. Systems Holdings Limited
122 - Industry AVG
Pay Structure
on an average salary of £44.3k, the company has an equivalent pay structure (£45.9k)
£44.3k - D.b. Systems Holdings Limited
£45.9k - Industry AVG
Efficiency
resulting in sales per employee of £167.8k, this is equally as efficient (£188.6k)
£167.8k - D.b. Systems Holdings Limited
£188.6k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (46 days)
39 days - D.b. Systems Holdings Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is quicker than average (45 days)
35 days - D.b. Systems Holdings Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (49 days)
11 days - D.b. Systems Holdings Limited
49 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (16 weeks)
11 weeks - D.b. Systems Holdings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 145.3%, this is a higher level of debt than the average (56.4%)
145.3% - D.b. Systems Holdings Limited
56.4% - Industry AVG
d.b. systems holdings limited Credit Report and Business Information
D.b. Systems Holdings Limited Competitor Analysis
Perform a competitor analysis for d.b. systems holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
d.b. systems holdings limited Ownership
D.B. SYSTEMS HOLDINGS LIMITED group structure
D.B. Systems Holdings Limited has 2 subsidiary companies.
Ultimate parent company
D.B. SYSTEMS HOLDINGS LIMITED
09648624
2 subsidiaries
d.b. systems holdings limited directors
D.B. Systems Holdings Limited currently has 7 directors. The longest serving directors include Mr James Wakefield (Jun 2015) and Mr James Wakefield (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Wakefield | Wales | 57 years | Jun 2015 | - | Director |
| Mr James Wakefield | United Kingdom | 57 years | Jun 2015 | - | Director |
| Mr Anthony Burgess | United Kingdom | 60 years | Nov 2015 | - | Director |
| Mr David Bulley | England | 56 years | Nov 2015 | - | Director |
| Mr Alastair Reece | 41 years | Feb 2019 | - | Director | |
| Mr James MacLeay | Wales | 33 years | Aug 2019 | - | Director |
| Mr James Barnett | 40 years | May 2021 | - | Director |
D.B. SYSTEMS HOLDINGS LIMITED financials
D.B. Systems Holdings Limited's latest turnover from April 2023 is £9.2 million and the company has net assets of -£2.5 million. According to their latest financial statements, D.B. Systems Holdings Limited has 55 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 9,226,410 | 4,750,232 | 2,115,161 | 9,042,892 | 11,398,150 | 10,368,823 | 10,625,954 | 2,925,738 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,476,672 | 2,376,088 | 1,430,562 | 5,667,735 | 6,900,898 | 6,225,504 | 6,174,672 | 1,721,304 |
| Gross Profit | 4,749,738 | 2,374,144 | 684,599 | 3,375,157 | 4,497,252 | 4,143,319 | 4,451,282 | 1,204,434 |
| Admin Expenses | 2,968,368 | 2,281,566 | 2,015,417 | 3,714,106 | 4,083,119 | 4,052,585 | 3,956,800 | 1,551,343 |
| Operating Profit | 1,781,370 | 92,578 | -1,330,818 | -338,949 | 414,133 | 90,734 | 494,482 | -346,909 |
| Interest Payable | 220,953 | 435,893 | 416,162 | 415,925 | 517,825 | 534,530 | 547,221 | 303,752 |
| Interest Receivable | 3,583 | 76 | 210 | 399 | 1,099 | 70 | 62 | 32 |
| Pre-Tax Profit | 1,564,000 | -343,239 | -1,746,770 | -754,475 | -102,593 | -443,726 | -52,677 | -650,629 |
| Tax | -118,547 | 30,572 | -24,378 | 30,463 | -460 | 65,762 | -63,344 | 71,307 |
| Profit After Tax | 1,445,453 | -312,667 | -1,771,148 | -724,012 | -103,053 | -377,964 | -116,021 | -579,322 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,445,453 | -312,667 | -1,771,148 | -724,012 | -103,053 | -377,964 | -116,021 | -579,322 |
| Employee Costs | 2,435,195 | 1,921,762 | 2,238,766 | 3,538,214 | 3,342,032 | 3,155,501 | 2,614,615 | 946,938 |
| Number Of Employees | 55 | 47 | 73 | 103 | 98 | 99 | 75 | 64 |
| EBITDA* | 2,366,404 | 809,768 | -488,401 | 689,931 | 1,722,364 | 1,714,787 | 2,243,337 | 404,633 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 945,137 | 621,847 | 863,374 | 1,407,770 | 1,442,887 | 1,843,827 | 1,813,479 | 1,648,565 |
| Intangible Assets | 1,363,518 | 1,601,160 | 1,829,273 | 1,829,646 | 2,130,019 | 2,547,662 | 3,129,002 | 3,672,057 |
| 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 | 2,308,655 | 2,223,007 | 2,692,647 | 3,237,416 | 3,572,906 | 4,391,489 | 4,942,481 | 5,320,622 |
| Stock & work in progress | 143,423 | 145,485 | 77,511 | 132,932 | 308,527 | 241,443 | 145,768 | 240,820 |
| Trade Debtors | 994,508 | 1,488,255 | 151,264 | 893,770 | 1,466,569 | 1,545,784 | 1,339,722 | 1,246,307 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 480,892 | 900,960 | 368,342 | 540,106 | 453,670 | 351,775 | 399,418 | 311,666 |
| Cash | 1,485,284 | 420,706 | 1,872,674 | 1,005,593 | 1,262,016 | 1,421,630 | 1,313,203 | 785,529 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,104,107 | 2,955,406 | 2,469,791 | 2,572,401 | 3,490,782 | 3,560,632 | 3,198,111 | 2,584,322 |
| total assets | 5,412,762 | 5,178,413 | 5,162,438 | 5,809,817 | 7,063,688 | 7,952,121 | 8,140,592 | 7,904,944 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 300,000 | 300,000 | 275,000 | 0 | 244,672 | 224,780 | 220,547 | 420,921 |
| Trade Creditors | 430,568 | 533,119 | 286,320 | 445,976 | 558,574 | 729,942 | 444,480 | 609,188 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 4,485,000 | 5,535,000 | 2,460,000 | 1,640,000 | 820,000 | 0 | 0 | 0 |
| hp & lease commitments | 195,075 | 109,550 | 159,107 | 139,077 | 186,459 | 257,029 | 261,489 | 0 |
| other current liabilities | 1,477,966 | 1,515,875 | 1,121,639 | 1,203,520 | 1,464,787 | 1,596,990 | 1,476,750 | 883,401 |
| total current liabilities | 6,888,609 | 7,993,544 | 4,302,066 | 3,428,573 | 3,274,492 | 2,808,741 | 2,403,266 | 1,913,510 |
| loans | 625,000 | 925,000 | 4,300,000 | 3,895,000 | 4,715,000 | 5,779,672 | 6,004,453 | 6,480,756 |
| hp & lease commitments | 349,887 | 156,056 | 143,892 | 298,616 | 162,556 | 349,015 | 338,216 | 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 | 0 |
| total long term liabilities | 974,887 | 1,081,056 | 4,443,892 | 4,193,616 | 4,877,556 | 6,128,687 | 6,342,669 | 6,480,756 |
| total liabilities | 7,863,496 | 9,074,600 | 8,745,958 | 7,622,189 | 8,152,048 | 8,937,428 | 8,745,935 | 8,394,266 |
| net assets | -2,450,734 | -3,896,187 | -3,583,520 | -1,812,372 | -1,088,360 | -985,307 | -605,343 | -489,322 |
| total shareholders funds | -2,450,734 | -3,896,187 | -3,583,520 | -1,812,372 | -1,088,360 | -985,307 | -605,343 | -489,322 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 1,781,370 | 92,578 | -1,330,818 | -338,949 | 414,133 | 90,734 | 494,482 | -346,909 |
| Depreciation | 243,391 | 416,817 | 542,044 | 728,507 | 890,588 | 958,680 | 1,083,482 | 446,872 |
| Amortisation | 341,643 | 300,373 | 300,373 | 300,373 | 417,643 | 665,373 | 665,373 | 304,670 |
| Tax | -118,547 | 30,572 | -24,378 | 30,463 | -460 | 65,762 | -63,344 | 71,307 |
| Stock | -2,062 | 67,974 | -55,421 | -175,595 | 67,084 | 95,675 | -95,052 | 240,820 |
| Debtors | -913,815 | 1,869,609 | -914,270 | -486,363 | 22,680 | 158,419 | 181,167 | 1,557,973 |
| Creditors | -102,551 | 246,799 | -159,656 | -112,598 | -171,368 | 285,462 | -164,708 | 609,188 |
| Accruals and Deferred Income | -37,909 | 394,236 | -81,881 | -261,267 | -132,203 | 120,240 | 593,349 | 883,401 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,023,274 | -456,208 | 215,375 | 1,008,487 | 1,328,569 | 1,932,157 | 2,522,519 | 169,736 |
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 2,039 | 17,741 | 5,091 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 2,039 | 17,741 | 5,091 |
| Financing Activities | ||||||||
| Bank loans | 0 | 25,000 | 275,000 | -244,672 | 19,892 | 4,233 | -200,374 | 420,921 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -1,050,000 | 3,075,000 | 820,000 | 820,000 | 820,000 | 0 | 0 | 0 |
| Long term loans | -300,000 | -3,375,000 | 405,000 | -820,000 | -1,064,672 | -224,781 | -476,303 | 6,480,756 |
| Hire Purchase and Lease Commitments | 279,356 | -37,393 | -134,694 | 88,678 | -257,029 | 6,339 | 599,705 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -217,370 | -435,817 | -415,952 | -415,526 | -516,726 | -534,460 | -547,159 | -303,720 |
| cash flow from financing | -1,288,014 | -748,210 | 949,354 | -571,520 | -998,535 | -750,669 | -624,131 | 6,687,957 |
| cash and cash equivalents | ||||||||
| cash | 1,064,578 | -1,451,968 | 867,081 | -256,423 | -159,614 | 108,427 | 527,674 | 785,529 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,064,578 | -1,451,968 | 867,081 | -256,423 | -159,614 | 108,427 | 527,674 | 785,529 |
P&L
April 2023turnover
9.2m
+94%
operating profit
1.8m
+1824%
gross margin
51.5%
+3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-2.5m
-0.37%
total assets
5.4m
+0.05%
cash
1.5m
+2.53%
net assets
Total assets minus all liabilities
d.b. systems holdings limited company details
company number
09648624
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
June 2015
age
9
accounts
Group
ultimate parent company
previous names
croservice co 5 limited (December 2015)
incorporated
UK
address
spectrum 800 ashchurch business, alexandra way, tewkesbury, gloucestershire, GL20 8TD
last accounts submitted
April 2023
d.b. systems holdings 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 found 3 charges/mortgages relating to d.b. systems holdings limited. Currently there are 3 open charges and 0 have been satisfied in the past.
d.b. systems holdings limited Companies House Filings - See Documents
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