ductstation ltd
ductstation ltd Company Information
Company Number
09693134
Website
www.ductstation.co.ukRegistered Address
4b church street, diss, norfolk, IP22 4DD
Industry
Steam and air conditioning supply
Telephone
441842777666
Next Accounts Due
September 2024
Group Structure
View All
Directors
Philip Milmine8 Years
Shareholders
icool international (hong kong) limited 100%
ductstation ltd Estimated Valuation
Pomanda estimates the enterprise value of DUCTSTATION LTD at £3m based on a Turnover of £2m and 1.49x industry multiple (adjusted for size and gross margin).
ductstation ltd Estimated Valuation
Pomanda estimates the enterprise value of DUCTSTATION LTD at £922.4k based on an EBITDA of £185.7k and a 4.97x industry multiple (adjusted for size and gross margin).
ductstation ltd Estimated Valuation
Pomanda estimates the enterprise value of DUCTSTATION LTD at £2.3m based on Net Assets of £826.5k and 2.76x industry multiple (adjusted for liquidity).
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Ductstation Ltd Overview
Ductstation Ltd is a live company located in norfolk, IP22 4DD with a Companies House number of 09693134. It operates in the steam and air conditioning supply sector, SIC Code 35300. Founded in July 2015, it's largest shareholder is icool international (hong kong) limited with a 100% stake. Ductstation Ltd is a young, small sized company, Pomanda has estimated its turnover at £2m with high growth in recent years.
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Ductstation Ltd Health Check
Pomanda's financial health check has awarded Ductstation Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
2 Weak
Size
annual sales of £2m, make it larger than the average company (£1.5m)
- Ductstation Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (7%)
- Ductstation Ltd
7% - Industry AVG
Production
with a gross margin of 24.7%, this company has a comparable cost of product (24.7%)
- Ductstation Ltd
24.7% - Industry AVG
Profitability
an operating margin of 8.9% make it more profitable than the average company (6.1%)
- Ductstation Ltd
6.1% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (7)
6 - Ductstation Ltd
7 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
- Ductstation Ltd
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £336.2k, this is more efficient (£147k)
- Ductstation Ltd
£147k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (63 days)
- Ductstation Ltd
63 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (45 days)
- Ductstation Ltd
45 days - Industry AVG
Stock Days
it holds stock equivalent to 64 days, this is more than average (6 days)
- Ductstation Ltd
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 100 weeks, this is more cash available to meet short term requirements (29 weeks)
100 weeks - Ductstation Ltd
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.8%, this is a lower level of debt than the average (65.5%)
23.8% - Ductstation Ltd
65.5% - Industry AVG
ductstation ltd Credit Report and Business Information
Ductstation Ltd Competitor Analysis
Perform a competitor analysis for ductstation ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ductstation ltd Ownership
DUCTSTATION LTD group structure
Ductstation Ltd has no subsidiary companies.
Ultimate parent company
DUCTSTATION LTD
09693134
ductstation ltd directors
Ductstation Ltd currently has 1 director, Mr Philip Milmine serving since Jul 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Milmine | England | 74 years | Jul 2015 | - | Director |
DUCTSTATION LTD financials
Ductstation Ltd's latest turnover from December 2022 is estimated at £2 million and the company has net assets of £826.5 thousand. According to their latest financial statements, Ductstation Ltd has 6 employees and maintains cash reserves of £490.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2017 | Jul 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 | 6 | 7 | 5 | 4 | 2 | 3 | 3 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,232 | 26,090 | 16,520 | 20,096 | 2,168 | 1,329 | 1,483 | 1,141 |
| 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 | 20,232 | 26,090 | 16,520 | 20,096 | 2,168 | 1,329 | 1,483 | 1,141 |
| Stock & work in progress | 268,107 | 485,615 | 374,184 | 257,871 | 122,453 | 61,725 | 64,155 | 32,126 |
| Trade Debtors | 216,321 | 246,908 | 164,549 | 153,634 | 123,897 | 123,155 | 150,121 | 85,159 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 88,365 | 114,023 | 29,917 | 23,060 | 11,245 | 158,033 | 64,652 | 15,346 |
| Cash | 490,944 | 214,251 | 374,567 | 23,514 | 141,064 | 6,875 | 14,628 | 26,654 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,063,737 | 1,060,797 | 943,217 | 458,079 | 398,659 | 349,788 | 293,556 | 159,285 |
| total assets | 1,083,969 | 1,086,887 | 959,737 | 478,175 | 400,827 | 351,117 | 295,039 | 160,426 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 141,645 | 325,419 | 445,355 | 88,202 | 37,541 | 64,639 | 88,263 | 12,475 |
| 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 | 112,359 | 85,442 | 89,166 | 28,922 | 72,292 | 64,890 | 46,085 | 95,361 |
| total current liabilities | 254,004 | 410,861 | 534,521 | 117,124 | 109,833 | 129,529 | 134,348 | 107,836 |
| 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 | 3,434 | 4,411 | 2,746 | 3,295 | 412 | 252 | 297 | 228 |
| total long term liabilities | 3,434 | 4,411 | 2,746 | 3,295 | 412 | 252 | 297 | 228 |
| total liabilities | 257,438 | 415,272 | 537,267 | 120,419 | 110,245 | 129,781 | 134,645 | 108,064 |
| net assets | 826,531 | 671,615 | 422,470 | 357,756 | 290,582 | 221,336 | 160,394 | 52,362 |
| total shareholders funds | 826,531 | 671,615 | 422,470 | 357,756 | 290,582 | 221,336 | 160,394 | 52,362 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 6,744 | 6,566 | 6,056 | 4,491 | 332 | 155 | 345 | 380 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | -217,508 | 111,431 | 116,313 | 135,418 | 60,728 | 29,599 | 32,029 | 32,126 |
| Debtors | -56,245 | 166,465 | 17,772 | 41,552 | -146,046 | 180,683 | 114,268 | 100,505 |
| Creditors | -183,774 | -119,936 | 357,153 | 50,661 | -27,098 | 52,164 | 75,788 | 12,475 |
| Accruals and Deferred Income | 26,917 | -3,724 | 60,244 | -43,370 | 7,402 | -30,471 | -49,276 | 95,361 |
| Deferred Taxes & Provisions | -977 | 1,665 | -549 | 2,883 | 160 | 24 | 69 | 228 |
| 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 | 276,693 | -160,316 | 351,053 | -117,550 | 134,189 | -19,779 | -12,026 | 26,654 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 276,693 | -160,316 | 351,053 | -117,550 | 134,189 | -19,779 | -12,026 | 26,654 |
P&L
December 2022turnover
2m
-37%
operating profit
178.9k
0%
gross margin
24.8%
-1.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
826.5k
+0.23%
total assets
1.1m
0%
cash
490.9k
+1.29%
net assets
Total assets minus all liabilities
Similar Companies
ductstation ltd company details
company number
09693134
Type
Private limited with Share Capital
industry
35300 - Steam and air conditioning supply
incorporation date
July 2015
age
9
accounts
Small Company
ultimate parent company
previous names
ninhua uk limited (June 2016)
incorporated
UK
address
4b church street, diss, norfolk, IP22 4DD
last accounts submitted
December 2022
ductstation ltd 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 ductstation ltd.
ductstation ltd Companies House Filings - See Documents
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