drax group holdings limited Company Information
Company Number
09887429
Next Accounts
Sep 2025
Industry
Other business support service activities n.e.c.
Shareholders
drax group plc
Group Structure
View All
Contact
Registered Address
drax power station, selby, north yorkshire, YO8 8PH
Website
www.drax.comdrax group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of DRAX GROUP HOLDINGS LIMITED at £322m based on a Turnover of £147.5m and 2.18x industry multiple (adjusted for size and gross margin).
drax group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of DRAX GROUP HOLDINGS LIMITED at £2.3b based on an EBITDA of £147.5m and a 15.53x industry multiple (adjusted for size and gross margin).
drax group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of DRAX GROUP HOLDINGS LIMITED at £4.2b based on Net Assets of £1.8b and 2.37x industry multiple (adjusted for liquidity).
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Drax Group Holdings Limited Overview
Drax Group Holdings Limited is a live company located in north yorkshire, YO8 8PH with a Companies House number of 09887429. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2015, it's largest shareholder is drax group plc with a 100% stake. Drax Group Holdings Limited is a established, mega sized company, Pomanda has estimated its turnover at £147.5m with unknown growth in recent years.
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Drax Group Holdings Limited Health Check
Pomanda's financial health check has awarded Drax Group Holdings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 0 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
0 Weak
Size
annual sales of £147.5m, make it larger than the average company (£4.8m)
£147.5m - Drax Group Holdings Limited
£4.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Drax Group Holdings Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (38.2%)
100% - Drax Group Holdings Limited
38.2% - Industry AVG
Profitability
an operating margin of 100% make it more profitable than the average company (5.7%)
100% - Drax Group Holdings Limited
5.7% - Industry AVG
Employees
with 860 employees, this is above the industry average (27)
- Drax Group Holdings Limited
27 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Drax Group Holdings Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £171.5k, this is equally as efficient (£171.5k)
- Drax Group Holdings Limited
£171.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Drax Group Holdings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Drax Group Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Drax Group Holdings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Drax Group Holdings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.1%, this is a lower level of debt than the average (62.4%)
2.1% - Drax Group Holdings Limited
62.4% - Industry AVG
DRAX GROUP HOLDINGS LIMITED financials
Drax Group Holdings Limited's latest turnover from December 2023 is £147.5 million and the company has net assets of £1.8 billion. According to their latest financial statements, we estimate that Drax Group Holdings Limited has 860 employees and maintains cash reserves of 0 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 | 147,500,000 | 185,000,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross Profit | 147,500,000 | 185,000,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Admin Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Operating Profit | 147,500,000 | 185,000,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Payable | 9,727,000 | 7,390,000 | 1,607,000 | 1,430,000 | 0 | 0 | 0 | 0 |
Interest Receivable | 5,259,000 | 2,601,000 | 0 | 71,000 | 140,000 | 113,000 | 1,359,000 | 11,000 |
Pre-Tax Profit | 143,032,000 | 180,211,000 | 78,393,000 | 68,641,000 | 57,505,000 | 132,771,000 | 232,893,000 | 39,613,000 |
Tax | 1,050,000 | 910,000 | 305,000 | 258,000 | -27,000 | -22,000 | -262,000 | -2,000 |
Profit After Tax | 144,082,000 | 181,121,000 | 78,698,000 | 68,899,000 | 57,478,000 | 132,749,000 | 232,631,000 | 39,611,000 |
Dividends Paid | 147,500,000 | 185,000,000 | 80,000,000 | 70,000,000 | 60,546,000 | 102,608,000 | 19,936,000 | 14,731,000 |
Retained Profit | -3,418,000 | -3,879,000 | -1,302,000 | -1,101,000 | -3,068,000 | 30,141,000 | 212,695,000 | 24,880,000 |
Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Number Of Employees | 4 | 4 | 2 | 2 | ||||
EBITDA* | 147,500,000 | 185,000,000 | 0 | 0 | 0 | 0 | 0 | 0 |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 1,778,001,000 | 1,778,001,000 | 1,778,001,000 | 1,778,001,000 | 1,778,001,000 | 1,778,001,000 | 1,748,001,000 | 1,536,354,000 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,778,001,000 | 1,778,001,000 | 1,778,001,000 | 1,778,001,000 | 1,778,001,000 | 1,778,001,000 | 1,748,001,000 | 1,536,354,000 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 52,304,000 | 161,143,000 | 29,769,000 | 27,289,000 | 23,049,000 | 26,091,000 | 26,231,000 | 28,632,000 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 9,000 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 52,304,000 | 161,143,000 | 29,769,000 | 27,289,000 | 23,049,000 | 26,091,000 | 26,240,000 | 28,632,000 |
total assets | 1,830,305,000 | 1,939,144,000 | 1,807,770,000 | 1,805,290,000 | 1,801,050,000 | 1,804,092,000 | 1,774,241,000 | 1,564,986,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 39,003,000 | 144,424,000 | 9,171,000 | 5,389,000 | 21,000 | 0 | 50,000 | 3,750,000 |
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 | 0 | 0 | 0 | 0 | 27,000 | 22,000 | 262,000 | 2,000 |
total current liabilities | 39,003,000 | 144,424,000 | 9,171,000 | 5,389,000 | 48,000 | 22,000 | 312,000 | 3,752,000 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 39,003,000 | 144,424,000 | 9,171,000 | 5,389,000 | 48,000 | 22,000 | 312,000 | 3,752,000 |
net assets | 1,791,302,000 | 1,794,720,000 | 1,798,599,000 | 1,799,901,000 | 1,801,002,000 | 1,804,070,000 | 1,773,929,000 | 1,561,234,000 |
total shareholders funds | 1,791,302,000 | 1,794,720,000 | 1,798,599,000 | 1,799,901,000 | 1,801,002,000 | 1,804,070,000 | 1,773,929,000 | 1,561,234,000 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | 147,500,000 | 185,000,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 1,050,000 | 910,000 | 305,000 | 258,000 | -27,000 | -22,000 | -262,000 | -2,000 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -108,839,000 | 131,374,000 | 2,480,000 | 4,240,000 | -3,042,000 | -149,000 | -2,392,000 | 28,632,000 |
Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | -27,000 | 5,000 | -240,000 | 260,000 | 2,000 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 257,389,000 | 54,536,000 | -2,175,000 | -4,009,000 | 3,020,000 | -113,000 | 2,390,000 | -28,632,000 |
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 30,000,000 | 211,647,000 | 1,536,354,000 |
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -105,421,000 | 135,253,000 | 3,782,000 | 5,368,000 | 21,000 | -50,000 | -3,700,000 | 3,750,000 |
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 | -4,468,000 | -4,789,000 | -1,607,000 | -1,359,000 | 140,000 | 113,000 | 1,359,000 | 11,000 |
cash flow from financing | -109,889,000 | 130,464,000 | 2,175,000 | 4,009,000 | 161,000 | 63,000 | -2,341,000 | 1,540,115,000 |
cash and cash equivalents | ||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
drax group holdings limited Credit Report and Business Information
Drax Group Holdings Limited Competitor Analysis
Perform a competitor analysis for drax group holdings limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in YO8 area or any other competitors across 12 key performance metrics.
drax group holdings limited Ownership
DRAX GROUP HOLDINGS LIMITED group structure
Drax Group Holdings Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
DRAX GROUP HOLDINGS LIMITED
09887429
2 subsidiaries
drax group holdings limited directors
Drax Group Holdings Limited currently has 3 directors. The longest serving directors include Mr Dwight Gardiner (Nov 2015) and Mr Andrew Skelton (Jun 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Dwight Gardiner | United Kingdom | 60 years | Nov 2015 | - | Director |
Mr Andrew Skelton | Scotland | 53 years | Jun 2019 | - | Director |
Mr Daniel Brook | England | 40 years | Nov 2022 | - | Director |
P&L
December 2023turnover
147.5m
-20%
operating profit
147.5m
-20%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.8b
0%
total assets
1.8b
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
drax group holdings limited company details
company number
09887429
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
drax power station, selby, north yorkshire, YO8 8PH
Bank
-
Legal Advisor
-
drax group 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 18 charges/mortgages relating to drax group holdings limited. Currently there are 17 open charges and 1 have been satisfied in the past.
drax group holdings 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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drax group holdings limited Companies House Filings - See Documents
date | description | view/download |
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