drivewise paving ltd
drivewise paving ltd Company Information
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
1 kings avenue, london, N21 3NA
Website
www.drivewisepavingltd.co.ukdrivewise paving ltd Estimated Valuation
Pomanda estimates the enterprise value of DRIVEWISE PAVING LTD at £86.5k based on a Turnover of £285.9k and 0.3x industry multiple (adjusted for size and gross margin).
drivewise paving ltd Estimated Valuation
Pomanda estimates the enterprise value of DRIVEWISE PAVING LTD at £302.8k based on an EBITDA of £100.1k and a 3.02x industry multiple (adjusted for size and gross margin).
drivewise paving ltd Estimated Valuation
Pomanda estimates the enterprise value of DRIVEWISE PAVING LTD at £153.8k based on Net Assets of £72.1k and 2.13x industry multiple (adjusted for liquidity).
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Drivewise Paving Ltd Overview
Drivewise Paving Ltd is a dissolved company that was located in london, N21 3NA with a Companies House number of 09874889. It operated in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in November 2015, it's largest shareholder was caroline chuter with a 100% stake. The last turnover for Drivewise Paving Ltd was estimated at £285.9k.
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Drivewise Paving Ltd Health Check
Pomanda's financial health check has awarded Drivewise Paving Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £285.9k, make it smaller than the average company (£2.1m)
- Drivewise Paving Ltd
£2.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Drivewise Paving Ltd
- - Industry AVG
Production
with a gross margin of 15.4%, this company has a higher cost of product (26.1%)
- Drivewise Paving Ltd
26.1% - Industry AVG
Profitability
an operating margin of 19.3% make it more profitable than the average company (6.9%)
- Drivewise Paving Ltd
6.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (33)
- Drivewise Paving Ltd
33 - Industry AVG
Pay Structure
on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)
- Drivewise Paving Ltd
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £285.9k, this is more efficient (£160.9k)
- Drivewise Paving Ltd
£160.9k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is earlier than average (57 days)
- Drivewise Paving Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 176 days, this is slower than average (42 days)
- Drivewise Paving Ltd
42 days - Industry AVG
Stock Days
it holds stock equivalent to 77 days, this is more than average (12 days)
- Drivewise Paving Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (19 weeks)
12 weeks - Drivewise Paving Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.1%, this is a higher level of debt than the average (65.5%)
79.1% - Drivewise Paving Ltd
65.5% - Industry AVG
DRIVEWISE PAVING LTD financials
Drivewise Paving Ltd's latest turnover from November 2017 is estimated at £285.9 thousand and the company has net assets of £72.1 thousand. According to their latest financial statements, we estimate that Drivewise Paving Ltd has 1 employee and maintains cash reserves of £28.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2017 | Nov 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2017 | Nov 2016 | |
|---|---|---|
| Tangible Assets | 233,180 | 58,361 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 233,180 | 58,361 |
| Stock & work in progress | 51,578 | |
| Trade Debtors | 31,390 | |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | 28,546 | 19,152 |
| misc current assets | ||
| total current assets | 111,514 | 19,152 |
| total assets | 344,694 | 77,513 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 116,682 | 38,417 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 116,682 | 38,417 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | 115,373 | |
| provisions | 40,530 | 11,672 |
| total long term liabilities | 155,903 | 11,672 |
| total liabilities | 272,585 | 50,089 |
| net assets | 72,109 | 27,424 |
| total shareholders funds | 72,109 | 27,424 |
| Nov 2017 | Nov 2016 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 45,046 | 12,204 |
| Amortisation | ||
| Tax | ||
| Stock | 51,578 | |
| Debtors | 31,390 | |
| Creditors | 78,265 | 38,417 |
| Accruals and Deferred Income | ||
| Deferred Taxes & Provisions | 28,858 | 11,672 |
| Cash flow from operations | ||
| 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 | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | 115,373 | |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 9,394 | 19,152 |
| overdraft | ||
| change in cash | 9,394 | 19,152 |
drivewise paving ltd Credit Report and Business Information
Drivewise Paving Ltd Competitor Analysis
Perform a competitor analysis for drivewise paving ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in N21 area or any other competitors across 12 key performance metrics.
drivewise paving ltd Ownership
DRIVEWISE PAVING LTD group structure
Drivewise Paving Ltd has no subsidiary companies.
Ultimate parent company
DRIVEWISE PAVING LTD
09874889
drivewise paving ltd directors
Drivewise Paving Ltd currently has 1 director, Miss Caroline Chuter serving since Nov 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Caroline Chuter | United Kingdom | 35 years | Nov 2015 | - | Director |
P&L
November 2017turnover
285.9k
+85%
operating profit
55k
0%
gross margin
15.5%
-6.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2017net assets
72.1k
+1.63%
total assets
344.7k
+3.45%
cash
28.5k
+0.49%
net assets
Total assets minus all liabilities
drivewise paving ltd company details
company number
09874889
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2017
previous names
drivestone paving ltd (January 2016)
bradstone paving ltd (January 2016)
accountant
-
auditor
-
address
1 kings avenue, london, N21 3NA
Bank
-
Legal Advisor
-
drivewise paving 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 drivewise paving ltd.
drivewise paving ltd 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.
Click to start generating capital raising & share issue transactions for DRIVEWISE PAVING LTD. This can take several minutes, an email will notify you when this has completed.
drivewise paving ltd Companies House Filings - See Documents
| date | description | view/download |
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