drax group holdings limited

drax group holdings limited Company Information

Share DRAX GROUP HOLDINGS LIMITED
Live 
EstablishedMega

Company Number

09887429

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

drax group holdings limited Estimated Valuation

£322m

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

£2.3b

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

£4.2b

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

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

0 Weak

size

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

Growth

There is insufficient data available for this Key Performance Indicator!

- - Drax Group Holdings Limited

- - Industry AVG

production

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

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

Employees

with 860 employees, this is above the industry average (27)

860 - Drax Group Holdings Limited

27 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Drax Group Holdings Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £171.5k, this is equally as efficient (£171.5k)

£171.5k - Drax Group Holdings Limited

£171.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Drax Group Holdings Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Drax Group Holdings Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Drax Group Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Drax Group Holdings Limited

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover147,500,000185,000,000000000
Other Income Or Grants00000000
Cost Of Sales00000000
Gross Profit147,500,000185,000,000000000
Admin Expenses00000000
Operating Profit147,500,000185,000,000000000
Interest Payable9,727,0007,390,0001,607,0001,430,0000000
Interest Receivable5,259,0002,601,000071,000140,000113,0001,359,00011,000
Pre-Tax Profit143,032,000180,211,00078,393,00068,641,00057,505,000132,771,000232,893,00039,613,000
Tax1,050,000910,000305,000258,000-27,000-22,000-262,000-2,000
Profit After Tax144,082,000181,121,00078,698,00068,899,00057,478,000132,749,000232,631,00039,611,000
Dividends Paid147,500,000185,000,00080,000,00070,000,00060,546,000102,608,00019,936,00014,731,000
Retained Profit-3,418,000-3,879,000-1,302,000-1,101,000-3,068,00030,141,000212,695,00024,880,000
Employee Costs00000000
Number Of Employees8601,142114422
EBITDA*147,500,000185,000,000000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets00000000
Intangible Assets00000000
Investments & Other1,778,001,0001,778,001,0001,778,001,0001,778,001,0001,778,001,0001,778,001,0001,748,001,0001,536,354,000
Debtors (Due After 1 year)00000000
Total Fixed Assets1,778,001,0001,778,001,0001,778,001,0001,778,001,0001,778,001,0001,778,001,0001,748,001,0001,536,354,000
Stock & work in progress00000000
Trade Debtors00000000
Group Debtors52,304,000161,143,00029,769,00027,289,00023,049,00026,091,00026,231,00028,632,000
Misc Debtors0000009,0000
Cash00000000
misc current assets00000000
total current assets52,304,000161,143,00029,769,00027,289,00023,049,00026,091,00026,240,00028,632,000
total assets1,830,305,0001,939,144,0001,807,770,0001,805,290,0001,801,050,0001,804,092,0001,774,241,0001,564,986,000
Bank overdraft00000000
Bank loan00000000
Trade Creditors 00000000
Group/Directors Accounts39,003,000144,424,0009,171,0005,389,00021,000050,0003,750,000
other short term finances00000000
hp & lease commitments00000000
other current liabilities000027,00022,000262,0002,000
total current liabilities39,003,000144,424,0009,171,0005,389,00048,00022,000312,0003,752,000
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities00000000
total liabilities39,003,000144,424,0009,171,0005,389,00048,00022,000312,0003,752,000
net assets1,791,302,0001,794,720,0001,798,599,0001,799,901,0001,801,002,0001,804,070,0001,773,929,0001,561,234,000
total shareholders funds1,791,302,0001,794,720,0001,798,599,0001,799,901,0001,801,002,0001,804,070,0001,773,929,0001,561,234,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit147,500,000185,000,000000000
Depreciation00000000
Amortisation00000000
Tax1,050,000910,000305,000258,000-27,000-22,000-262,000-2,000
Stock00000000
Debtors-108,839,000131,374,0002,480,0004,240,000-3,042,000-149,000-2,392,00028,632,000
Creditors00000000
Accruals and Deferred Income000-27,0005,000-240,000260,0002,000
Deferred Taxes & Provisions00000000
Cash flow from operations257,389,00054,536,000-2,175,000-4,009,0003,020,000-113,0002,390,000-28,632,000
Investing Activities
capital expenditure00000000
Change in Investments0000030,000,000211,647,0001,536,354,000
cash flow from investments00000-30,000,000-211,647,000-1,536,354,000
Financing Activities
Bank loans00000000
Group/Directors Accounts-105,421,000135,253,0003,782,0005,368,00021,000-50,000-3,700,0003,750,000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue00000001,536,354,000
interest-4,468,000-4,789,000-1,607,000-1,359,000140,000113,0001,359,00011,000
cash flow from financing-109,889,000130,464,0002,175,0004,009,000161,00063,000-2,341,0001,540,115,000
cash and cash equivalents
cash00000000
overdraft00000000
change in cash00000000

drax group holdings limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Drax Group Holdings Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

drax group plc 100%

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).

officercountryagestartendrole
Mr Dwight GardinerUnited Kingdom60 years Nov 2015- Director
Mr Andrew SkeltonScotland53 years Jun 2019- Director
Mr Daniel BrookEngland40 years Nov 2022- Director

P&L

December 2023

turnover

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 2023

net 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

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