dte wealth management limited
dte wealth management limited Company Information
Company Number
10054532
Next Accounts
12 days late
Shareholders
nicholas james fail
richard ian taylor
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
the exchange 5 bank street, bury, BL9 0DN
Website
http://dtegroup.comdte wealth management limited Estimated Valuation
Pomanda estimates the enterprise value of DTE WEALTH MANAGEMENT LIMITED at £350.6k based on a Turnover of £319.2k and 1.1x industry multiple (adjusted for size and gross margin).
dte wealth management limited Estimated Valuation
Pomanda estimates the enterprise value of DTE WEALTH MANAGEMENT LIMITED at £434.7k based on an EBITDA of £95.3k and a 4.56x industry multiple (adjusted for size and gross margin).
dte wealth management limited Estimated Valuation
Pomanda estimates the enterprise value of DTE WEALTH MANAGEMENT LIMITED at £977.2k based on Net Assets of £728.7k and 1.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Dte Wealth Management Limited Overview
Dte Wealth Management Limited is a live company located in bury, BL9 0DN with a Companies House number of 10054532. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2016, it's largest shareholder is nicholas james fail with a 44.4% stake. Dte Wealth Management Limited is a young, micro sized company, Pomanda has estimated its turnover at £319.2k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Dte Wealth Management Limited Health Check
Pomanda's financial health check has awarded Dte Wealth Management Limited a 4 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £319.2k, make it smaller than the average company (£18.4m)
- Dte Wealth Management Limited
£18.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (7.6%)
- Dte Wealth Management Limited
7.6% - Industry AVG
Production
with a gross margin of 34.9%, this company has a comparable cost of product (34.9%)
- Dte Wealth Management Limited
34.9% - Industry AVG
Profitability
an operating margin of 29.9% make it more profitable than the average company (4.9%)
- Dte Wealth Management Limited
4.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (102)
3 - Dte Wealth Management Limited
102 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)
- Dte Wealth Management Limited
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £106.4k, this is less efficient (£182.7k)
- Dte Wealth Management Limited
£182.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Dte Wealth Management Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (45 days)
- Dte Wealth Management Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Dte Wealth Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (15 weeks)
58 weeks - Dte Wealth Management Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.8%, this is a lower level of debt than the average (68.9%)
35.8% - Dte Wealth Management Limited
68.9% - Industry AVG
DTE WEALTH MANAGEMENT LIMITED financials
Dte Wealth Management Limited's latest turnover from April 2023 is estimated at £319.2 thousand and the company has net assets of £728.7 thousand. According to their latest financial statements, Dte Wealth Management Limited has 3 employees and maintains cash reserves of £459.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 676,617 | 676,617 | 676,617 | 676,617 | 676,617 | 676,617 | 676,617 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 676,617 | 676,617 | 676,617 | 676,617 | 676,617 | 676,617 | 676,617 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 98,201 | 0 | 0 | 0 |
| Misc Debtors | 24 | 24 | 24 | 24 | 24 | 24 | 75 |
| Cash | 459,139 | 424,482 | 138,703 | 4,504 | 79,501 | 6,494 | 1,135 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 459,163 | 424,506 | 138,727 | 102,729 | 79,525 | 6,518 | 1,210 |
| total assets | 1,135,780 | 1,101,123 | 815,344 | 779,346 | 756,142 | 683,135 | 677,827 |
| Bank overdraft | 0 | 0 | 0 | 3,401 | 38,652 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 41,378 | 41,247 |
| Trade Creditors | 5,000 | 35,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 41,799 | 31,880 | 75,880 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 402,077 | 422,961 | 400,937 | 400,505 | 401,688 | 401,367 | 401,186 |
| total current liabilities | 407,077 | 457,961 | 400,937 | 403,906 | 482,139 | 474,625 | 518,313 |
| loans | 0 | 0 | 0 | 0 | 4,644 | 39,852 | 76,244 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 4,644 | 39,852 | 76,244 |
| total liabilities | 407,077 | 457,961 | 400,937 | 403,906 | 486,783 | 514,477 | 594,557 |
| net assets | 728,703 | 643,162 | 414,407 | 375,440 | 269,359 | 168,658 | 83,270 |
| total shareholders funds | 728,703 | 643,162 | 414,407 | 375,440 | 269,359 | 168,658 | 83,270 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -98,201 | 98,201 | 0 | -51 | 75 |
| Creditors | -30,000 | 35,000 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -20,884 | 22,024 | 432 | -1,183 | 321 | 181 | 401,186 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 676,617 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | -41,378 | 131 | 41,247 |
| Group/Directors Accounts | 0 | 0 | 0 | -41,799 | 9,919 | -44,000 | 75,880 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -4,644 | -35,208 | -36,392 | 76,244 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 34,657 | 285,779 | 134,199 | -74,997 | 73,007 | 5,359 | 1,135 |
| overdraft | 0 | 0 | -3,401 | -35,251 | 38,652 | 0 | 0 |
| change in cash | 34,657 | 285,779 | 137,600 | -39,746 | 34,355 | 5,359 | 1,135 |
dte wealth management limited Credit Report and Business Information
Dte Wealth Management Limited Competitor Analysis
Perform a competitor analysis for dte wealth management limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BL9 area or any other competitors across 12 key performance metrics.
dte wealth management limited Ownership
DTE WEALTH MANAGEMENT LIMITED group structure
Dte Wealth Management Limited has 1 subsidiary company.
Ultimate parent company
DTE WEALTH MANAGEMENT LIMITED
10054532
1 subsidiary
dte wealth management limited directors
Dte Wealth Management Limited currently has 3 directors. The longest serving directors include Mr Nicholas Fail (Mar 2016) and Mr Richard Taylor (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Fail | United Kingdom | 63 years | Mar 2016 | - | Director |
| Mr Richard Taylor | United Kingdom | 59 years | Mar 2016 | - | Director |
| Mr Matthew Beckley | United Kingdom | 59 years | Mar 2016 | - | Director |
P&L
April 2023turnover
319.2k
-10%
operating profit
95.3k
0%
gross margin
35%
-0.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
728.7k
+0.13%
total assets
1.1m
+0.03%
cash
459.1k
+0.08%
net assets
Total assets minus all liabilities
dte wealth management limited company details
company number
10054532
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
the exchange 5 bank street, bury, BL9 0DN
Bank
-
Legal Advisor
-
dte wealth management 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 1 charges/mortgages relating to dte wealth management limited. Currently there are 0 open charges and 1 have been satisfied in the past.
dte wealth management 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.
Click to start generating capital raising & share issue transactions for DTE WEALTH MANAGEMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
dte wealth management limited Companies House Filings - See Documents
| date | description | view/download |
|---|
