diab mgt ltd
diab mgt ltd Company Information
Company Number
10267369
Registered Address
6 manchester old road, bury, greater manchester, BL9 0TB
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01617641265
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
diab group ltd 100%
diab mgt ltd Estimated Valuation
Pomanda estimates the enterprise value of DIAB MGT LTD at £3.9m based on a Turnover of £1.2m and 3.34x industry multiple (adjusted for size and gross margin).
diab mgt ltd Estimated Valuation
Pomanda estimates the enterprise value of DIAB MGT LTD at £2.6m based on an EBITDA of £367.8k and a 7.08x industry multiple (adjusted for size and gross margin).
diab mgt ltd Estimated Valuation
Pomanda estimates the enterprise value of DIAB MGT LTD at £2.2m based on Net Assets of £1.4m and 1.58x industry multiple (adjusted for liquidity).
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Diab Mgt Ltd Overview
Diab Mgt Ltd is a live company located in greater manchester, BL9 0TB with a Companies House number of 10267369. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2016, it's largest shareholder is diab group ltd with a 100% stake. Diab Mgt Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.2m with unknown growth in recent years.
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Diab Mgt Ltd Health Check
Pomanda's financial health check has awarded Diab Mgt Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
2 Weak
Size
annual sales of £1.2m, make it larger than the average company (£797.5k)
- Diab Mgt Ltd
£797.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Diab Mgt Ltd
- - Industry AVG
Production
with a gross margin of 75.4%, this company has a comparable cost of product (75.4%)
- Diab Mgt Ltd
75.4% - Industry AVG
Profitability
an operating margin of 28.6% make it less profitable than the average company (37%)
- Diab Mgt Ltd
37% - Industry AVG
Employees
with 7 employees, this is above the industry average (4)
7 - Diab Mgt Ltd
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Diab Mgt Ltd
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £168.3k, this is equally as efficient (£168.3k)
- Diab Mgt Ltd
£168.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Diab Mgt Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Diab Mgt Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Diab Mgt Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (15 weeks)
8 weeks - Diab Mgt Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.2%, this is a similar level of debt than the average (63.2%)
66.2% - Diab Mgt Ltd
63.2% - Industry AVG
DIAB MGT LTD financials
Diab Mgt Ltd's latest turnover from March 2023 is estimated at £1.2 million and the company has net assets of £1.4 million. According to their latest financial statements, Diab Mgt Ltd has 7 employees and maintains cash reserves of £436.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 | 7 | 5 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 752,221 | 565,230 | 954,284 | 1,668,922 | 1,158,925 | 912,474 | 288,147 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,832,000 | 2,659,233 | 1,660,889 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,584,221 | 3,224,463 | 2,615,173 | 1,668,922 | 1,158,925 | 912,474 | 288,147 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 10,110 | 33,183 | 149,214 | 71,374 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 65,649 | 298 | 0 | 354 | 0 | 0 | 0 |
| Cash | 436,150 | 452,344 | 400,647 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 501,799 | 452,642 | 400,647 | 10,464 | 33,183 | 149,214 | 71,374 |
| total assets | 4,086,020 | 3,677,105 | 3,015,820 | 1,679,386 | 1,192,108 | 1,061,688 | 359,521 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 1,251,790 | 1,245,638 | 1,086,194 | 364,149 |
| Group/Directors Accounts | 2,294,734 | 2,161,269 | 1,819,585 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 350,810 | 370,019 | 355,091 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,645,544 | 2,531,288 | 2,174,676 | 1,251,790 | 1,245,638 | 1,086,194 | 364,149 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 58,009 | 51,250 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 58,009 | 51,250 | 0 | 0 | 0 | 1,000 | 0 |
| total liabilities | 2,703,553 | 2,582,538 | 2,174,676 | 1,251,790 | 1,245,638 | 1,087,194 | 364,149 |
| net assets | 1,382,467 | 1,094,567 | 841,144 | 427,596 | -53,530 | -25,506 | -4,628 |
| total shareholders funds | 1,382,467 | 1,094,567 | 841,144 | 427,596 | -53,530 | -25,506 | -4,628 |
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 31,219 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | ||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 65,351 | 298 | 0 | -22,719 | -116,031 | 77,840 | 71,374 |
| Creditors | 0 | 0 | 0 | 6,152 | 159,444 | 722,045 | 364,149 |
| Accruals and Deferred Income | -19,209 | 14,928 | 355,091 | 0 | -1,000 | 1,000 | 0 |
| Deferred Taxes & Provisions | 6,759 | 51,250 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 172,767 | 998,344 | 1,660,889 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 133,465 | 341,684 | 1,819,585 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -16,194 | 51,697 | 400,647 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -16,194 | 51,697 | 400,647 | 0 | 0 | 0 | 0 |
diab mgt ltd Credit Report and Business Information
Diab Mgt Ltd Competitor Analysis
Perform a competitor analysis for diab mgt ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in BL9 area or any other competitors across 12 key performance metrics.
diab mgt ltd Ownership
DIAB MGT LTD group structure
Diab Mgt Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
DIAB MGT LTD
10267369
1 subsidiary
diab mgt ltd directors
Diab Mgt Ltd currently has 5 directors. The longest serving directors include Mr David Mihell (Jul 2016) and Mrs Imelda Mihell (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Mihell | 55 years | Jul 2016 | - | Director | |
| Mrs Imelda Mihell | 56 years | Jul 2016 | - | Director | |
| Mr Ashley Mihell | England | 33 years | May 2020 | - | Director |
| Mr Ashley Mihell | England | 33 years | May 2020 | - | Director |
| Mr Ben Mihell | United Kingdom | 30 years | May 2020 | - | Director |
P&L
March 2023turnover
1.2m
+63%
operating profit
336.6k
0%
gross margin
75.5%
+1.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.4m
+0.26%
total assets
4.1m
+0.11%
cash
436.2k
-0.04%
net assets
Total assets minus all liabilities
diab mgt ltd company details
company number
10267369
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
July 2016
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
JACKSON STEPHEN LLP
auditor
-
address
6 manchester old road, bury, greater manchester, BL9 0TB
Bank
-
Legal Advisor
-
diab mgt 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 found 9 charges/mortgages relating to diab mgt ltd. Currently there are 4 open charges and 5 have been satisfied in the past.
diab mgt ltd Companies House Filings - See Documents
| date | description | view/download |
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