drencan limited
drencan limited Company Information
Company Number
10322979
Next Accounts
Sep 2025
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
cp holdings limited
Group Structure
View All
Contact
Registered Address
c p house otterspool way, watford, WD25 8JJ
Website
https://www.lentaspace.co.ukdrencan limited Estimated Valuation
Pomanda estimates the enterprise value of DRENCAN LIMITED at £0 based on a Turnover of £0 and 1.14x industry multiple (adjusted for size and gross margin).
drencan limited Estimated Valuation
Pomanda estimates the enterprise value of DRENCAN LIMITED at £4.8m based on an EBITDA of £1.1m and a 4.41x industry multiple (adjusted for size and gross margin).
drencan limited Estimated Valuation
Pomanda estimates the enterprise value of DRENCAN LIMITED at £45.3m based on Net Assets of £34.5m and 1.31x industry multiple (adjusted for liquidity).
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Drencan Limited Overview
Drencan Limited is a live company located in watford, WD25 8JJ with a Companies House number of 10322979. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2016, it's largest shareholder is cp holdings limited with a 100% stake. Drencan Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Drencan Limited Health Check
Pomanda's financial health check has awarded Drencan Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Drencan Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Drencan Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Drencan Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Drencan Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (105)
- Drencan Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Drencan Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Drencan Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Drencan Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Drencan Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Drencan Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
- - Drencan Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.8%, this is a lower level of debt than the average (69.6%)
- - Drencan Limited
- - Industry AVG
DRENCAN LIMITED financials
Drencan Limited's latest turnover from December 2023 is 0 and the company has net assets of £34.5 million. According to their latest financial statements, we estimate that Drencan Limited has 1 employee and maintains cash reserves of £17.7 thousand 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | ||||||
| Cost Of Sales | 0 | 0 | ||||||
| Gross Profit | 0 | 0 | ||||||
| Admin Expenses | 0 | 0 | ||||||
| Operating Profit | -20,633 | -7,731 | 0 | 0 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 874,352 | 838,670 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 851,681 | 809,174 | -70,848 | -13,210 | 8,606,350 | 576,649 | 0 | 0 |
| Tax | -40,928 | -41,843 | 0 | 3,920 | 0 | 0 | 0 | 0 |
| Profit After Tax | 810,753 | 767,331 | -70,848 | -9,290 | 8,606,350 | 576,649 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 810,753 | 767,331 | -70,848 | -9,290 | 8,606,350 | 576,649 | 0 | 0 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 5 | 5 | 4 | 4 | 5 | |||
| EBITDA* | -20,633 | -7,731 | 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 | 56,302,789 | 55,848,740 | 55,848,740 | 57,402,579 | 57,401,304 | 57,397,684 | 54,462,962 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 56,302,789 | 55,848,740 | 55,848,740 | 57,402,579 | 57,401,304 | 57,397,684 | 54,462,962 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 1,801 | 0 | 3,920 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,368 | 7,368 | 7,368 | 7,368 | 7,368 | 7,368 | 8,114 | 0 |
| Cash | 17,729 | 19,277 | 12,180 | 11,198 | 13,267 | 15,501 | 11,713 | 10,000 |
| misc current assets | 0 | 445,456 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 25,097 | 473,902 | 19,548 | 22,486 | 20,635 | 22,869 | 19,827 | 10,000 |
| total assets | 56,327,886 | 56,322,642 | 55,868,288 | 57,425,065 | 57,421,939 | 57,420,553 | 54,482,789 | 10,000 |
| 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 | 9,656 | 0 |
| Group/Directors Accounts | 21,638,587 | 22,440,056 | 22,769,565 | 24,468,013 | 24,455,597 | 33,060,561 | 30,683,678 | 0 |
| 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 | 225,011 | 229,051 | 212,519 | 0 | 0 | 0 | 6,112 | 0 |
| total current liabilities | 21,863,598 | 22,669,107 | 22,982,084 | 24,468,013 | 24,455,597 | 33,060,561 | 30,699,446 | 0 |
| 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 | 21,863,598 | 22,669,107 | 22,982,084 | 24,468,013 | 24,455,597 | 33,060,561 | 30,699,446 | 0 |
| net assets | 34,464,288 | 33,653,535 | 32,886,204 | 32,957,052 | 32,966,342 | 24,359,992 | 23,783,343 | 10,000 |
| total shareholders funds | 34,464,288 | 33,653,535 | 32,886,204 | 32,957,052 | 32,966,342 | 24,359,992 | 23,783,343 | 10,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -20,633 | -7,731 | 0 | 0 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -40,928 | -41,843 | 0 | 3,920 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,801 | 1,801 | -3,920 | 3,920 | 0 | -746 | 8,114 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -9,656 | 9,656 | 0 |
| Accruals and Deferred Income | -4,040 | 16,532 | 212,519 | 0 | 0 | -6,112 | 6,112 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -20,633 | -22,753 | 7,654 | 0 | ||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 454,049 | 0 | -1,553,839 | 1,275 | 3,620 | 2,934,722 | 54,462,962 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -801,469 | -329,509 | -1,698,448 | 12,416 | -8,604,964 | 2,376,883 | 30,683,678 | 0 |
| 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 | 874,352 | 838,670 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 72,883 | 509,161 | -1,698,448 | 12,416 | -8,604,964 | 2,376,883 | 54,457,021 | 10,000 |
| cash and cash equivalents | ||||||||
| cash | -1,548 | 7,097 | 982 | -2,069 | -2,234 | 3,788 | 1,713 | 10,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,548 | 7,097 | 982 | -2,069 | -2,234 | 3,788 | 1,713 | 10,000 |
drencan limited Credit Report and Business Information
Drencan Limited Competitor Analysis
Perform a competitor analysis for drencan limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other young companies, companies in WD25 area or any other competitors across 12 key performance metrics.
drencan limited Ownership
DRENCAN LIMITED group structure
Drencan Limited has no subsidiary companies.
drencan limited directors
Drencan Limited currently has 5 directors. The longest serving directors include Mrs Iris Gibbor (Aug 2016) and Mr Alexei Schreier (Aug 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Iris Gibbor | England | 73 years | Aug 2016 | - | Director |
| Mr Alexei Schreier | 48 years | Aug 2016 | - | Director | |
| Mr Mark Hennebry | 58 years | Aug 2016 | - | Director | |
| Mr Mark Gibbor | England | 36 years | Mar 2021 | - | Director |
| Ms Claire Dudley-Scales | 48 years | Nov 2021 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
1.1m
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
34.5m
+0.02%
total assets
56.3m
0%
cash
17.7k
-0.08%
net assets
Total assets minus all liabilities
drencan limited company details
company number
10322979
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
August 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BLICK ROTHENBERG AUDIT LLP
address
c p house otterspool way, watford, WD25 8JJ
Bank
-
Legal Advisor
-
drencan 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 did not find charges/mortgages relating to drencan limited.
drencan 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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drencan limited Companies House Filings - See Documents
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