Pomanda estimates the enterprise value of DOVETAIL IT SUPPORT LIMITED at £1.3m based on a Turnover of £2.1m and 0.64x industry multiple (adjusted for size and gross margin).
dovetail it support limitedEstimated Valuation
£224.9k
Pomanda estimates the enterprise value of DOVETAIL IT SUPPORT LIMITED at £224.9k based on an EBITDA of £51.7k and a 4.35x industry multiple (adjusted for size and gross margin).
dovetail it support limitedEstimated Valuation
£49.7k
Pomanda estimates the enterprise value of DOVETAIL IT SUPPORT LIMITED at £49.7k based on Net Assets of £22k and 2.26x industry multiple (adjusted for liquidity).
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Dovetail It Support LimitedOverview
Dovetail It Support Limited is a live company located in london, WC2R 1AT with a Companies House number of 09860629. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in November 2015, it's largest shareholder is
gregory caplan
with a 50% stake. Dovetail It Support Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Dovetail It Support Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£3.2m)
£2.1m - Dovetail It Support Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 61%, show it is growing at a faster rate (8.5%)
61% - Dovetail It Support Limited
8.5% - Industry AVG
Production
with a gross margin of 45.2%, this company has a comparable cost of product (45.2%)
45.2% - Dovetail It Support Limited
45.2% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (5.8%)
-0.3% - Dovetail It Support Limited
5.8% - Industry AVG
Employees
with 25 employees, this is similar to the industry average (21)
25 - Dovetail It Support Limited
21 - Industry AVG
Pay Structure
on an average salary of £63.2k, the company has an equivalent pay structure (£63.2k)
£63.2k - Dovetail It Support Limited
£63.2k - Industry AVG
Efficiency
resulting in sales per employee of £82.6k, this is less efficient (£138.7k)
£82.6k - Dovetail It Support Limited
£138.7k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is earlier than average (61 days)
46 days - Dovetail It Support Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (28 days)
55 days - Dovetail It Support Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Dovetail It Support Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (16 weeks)
8 weeks - Dovetail It Support Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96%, this is a higher level of debt than the average (58.8%)
96% - Dovetail It Support Limited
58.8% - Industry AVG
DOVETAIL IT SUPPORT LIMITED financials
EXPORT
Dovetail It Support Limited's latest turnover from December 2023 is estimated at £2.1 million and the company has net assets of £22 thousand. According to their latest financial statements, Dovetail It Support Limited has 25 employees and maintains cash reserves of £89.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Turnover
2,065,571
1,922,529
546,491
492,687
491,523
407,721
276,734
146,547
Other Income Or Grants
Cost Of Sales
1,132,364
1,038,019
292,580
249,275
246,107
197,508
123,837
63,657
Gross Profit
933,208
884,510
253,911
243,412
245,416
210,213
152,898
82,890
Admin Expenses
939,257
911,425
196,958
243,566
280,655
172,726
152,825
76,671
Operating Profit
-6,049
-26,915
56,953
-154
-35,239
37,487
73
6,219
Interest Payable
Interest Receivable
5,374
3,098
172
38
58
99
28
Pre-Tax Profit
-675
-23,817
57,125
-116
-35,181
37,586
101
6,219
Tax
-10,854
-7,141
-19
-1,244
Profit After Tax
-675
-23,817
46,271
-116
-35,181
30,445
82
4,975
Dividends Paid
Retained Profit
-675
-23,817
46,271
-116
-35,181
30,445
82
4,975
Employee Costs
1,579,310
997,138
553,188
356,665
319,374
292,160
163,755
117,856
Number Of Employees
25
17
10
7
6
5
3
2
EBITDA*
51,746
-2,233
67,787
3,657
-35,113
37,487
73
6,219
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Tangible Assets
54,671
53,257
50,054
13,504
4,430
Intangible Assets
75,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
129,671
53,257
50,054
13,504
4,430
Stock & work in progress
18,373
4,936
Trade Debtors
260,554
357,818
49,792
74,647
86,864
72,661
50,436
25,704
Group Debtors
Misc Debtors
63,172
141,792
24,291
700
Cash
89,359
115,363
61,659
75,744
417
15,154
11,274
misc current assets
total current assets
413,085
614,973
135,742
168,764
92,917
87,815
61,710
25,704
total assets
542,756
668,230
185,796
182,268
97,347
87,815
61,710
25,704
Bank overdraft
Bank loan
Trade Creditors
170,644
161,209
15,448
31,043
31,383
13,149
37,564
20,729
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
350,126
484,360
123,870
151,018
65,641
39,162
19,087
total current liabilities
520,770
645,569
139,318
182,061
97,024
52,311
56,651
20,729
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
520,770
645,569
139,318
182,061
97,024
52,311
56,651
20,729
net assets
21,986
22,661
46,478
207
323
35,504
5,059
4,975
total shareholders funds
21,986
22,661
46,478
207
323
35,504
5,059
4,975
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Operating Activities
Operating Profit
-6,049
-26,915
56,953
-154
-35,239
37,487
73
6,219
Depreciation
32,795
24,682
10,834
3,811
126
Amortisation
25,000
Tax
-10,854
-7,141
-19
-1,244
Stock
-18,373
13,437
4,936
Debtors
-175,884
425,527
-564
-12,917
14,903
22,225
24,732
25,704
Creditors
9,435
145,761
-15,595
-340
18,234
-24,415
16,835
20,729
Accruals and Deferred Income
-134,234
360,490
-27,148
85,377
26,479
20,075
19,087
Deferred Taxes & Provisions
Cash flow from operations
102,831
78,491
33,127
88,174
-10,239
3,781
11,244
Investing Activities
capital expenditure
-134,209
-27,885
-47,384
-12,885
-4,556
Change in Investments
cash flow from investments
-134,209
-27,885
-47,384
-12,885
-4,556
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
interest
5,374
3,098
172
38
58
99
28
cash flow from financing
5,374
3,098
172
38
58
99
30
cash and cash equivalents
cash
-26,004
53,704
-14,085
75,327
-14,737
3,880
11,274
overdraft
change in cash
-26,004
53,704
-14,085
75,327
-14,737
3,880
11,274
dovetail it support limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for dovetail it support limited. Get real-time insights into dovetail it support limited's credit score, group structure and payment trends.
Perform a competitor analysis for dovetail it support limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WC2R area or any other competitors across 12 key performance metrics.
dovetail it support limited Ownership
DOVETAIL IT SUPPORT LIMITED group structure
Dovetail It Support Limited has no subsidiary companies.
Ultimate parent company
DOVETAIL IT SUPPORT LIMITED
09860629
DOVETAIL IT SUPPORT LIMITED Shareholders
The largest shareholders in Dovetail It Support Limited include Gregory Caplan and Franceska Caplan.
gregory caplan
50%
franceska caplan
50%
dovetail it support limited directors
Dovetail It Support Limited currently has 2 directors.
The longest serving directors include
Mr Gregory Caplan (Nov 2015) and
Mrs Franceska Caplan (May 2019).
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 dovetail it support limited.
dovetail it support limited Capital Raised & Share Issues BETA
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dovetail it support limitedCompanies House Filings - See Documents
