dray ltd
dray ltd Company Information
Company Number
10355378
Website
www.drayelectrical.co.ukRegistered Address
bank flat 4 campbell street, belper, derbyshire, DE56 1AP
Industry
Support services to forestry
Telephone
01273870471
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
andrew portlock 50%
ruth portlock 50%
dray ltd Estimated Valuation
Pomanda estimates the enterprise value of DRAY LTD at £1.1m based on a Turnover of £2.3m and 0.46x industry multiple (adjusted for size and gross margin).
dray ltd Estimated Valuation
Pomanda estimates the enterprise value of DRAY LTD at £124.3k based on an EBITDA of £55k and a 2.26x industry multiple (adjusted for size and gross margin).
dray ltd Estimated Valuation
Pomanda estimates the enterprise value of DRAY LTD at £199.2k based on Net Assets of £120.9k and 1.65x industry multiple (adjusted for liquidity).
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Dray Ltd Overview
Dray Ltd is a live company located in derbyshire, DE56 1AP with a Companies House number of 10355378. It operates in the support services to forestry sector, SIC Code 02400. Founded in September 2016, it's largest shareholder is andrew portlock with a 50% stake. Dray Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.3m with declining growth in recent years.
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Dray Ltd Health Check
Pomanda's financial health check has awarded Dray Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £2.3m, make it larger than the average company (£756.4k)
- Dray Ltd
£756.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (7.6%)
- Dray Ltd
7.6% - Industry AVG
Production
with a gross margin of 10.8%, this company has a higher cost of product (24.1%)
- Dray Ltd
24.1% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (5.3%)
- Dray Ltd
5.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - Dray Ltd
14 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)
- Dray Ltd
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£121.8k)
- Dray Ltd
£121.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Dray Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 121 days, this is slower than average (29 days)
- Dray Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Dray Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (29 weeks)
0 weeks - Dray Ltd
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.9%, this is a higher level of debt than the average (44%)
84.9% - Dray Ltd
44% - Industry AVG
dray ltd Credit Report and Business Information
Dray Ltd Competitor Analysis
Perform a competitor analysis for dray ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
dray ltd Ownership
DRAY LTD group structure
Dray Ltd has 1 subsidiary company.
dray ltd directors
Dray Ltd currently has 2 directors. The longest serving directors include Mrs Ruth Portlock (Sep 2016) and Mr Andrew Portlock (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Ruth Portlock | United Kingdom | 57 years | Sep 2016 | - | Director |
| Mr Andrew Portlock | United Kingdom | 55 years | Sep 2016 | - | Director |
DRAY LTD financials
Dray Ltd's latest turnover from September 2023 is estimated at £2.3 million and the company has net assets of £120.9 thousand. According to their latest financial statements, Dray Ltd has 2 employees and maintains cash reserves of £4.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 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 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,331 | 12,901 | 800,223 | 298 | 446 | 594 | 742 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 784,455 | 784,455 | 0 | 784,555 | 784,555 | 662,827 | 403,870 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 794,786 | 797,356 | 800,223 | 784,853 | 785,001 | 663,421 | 404,612 |
| 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 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,346 | 5,120 | 5,981 | 2,740 | 882 | 4,196 | 1,005 |
| misc current assets | 100 | 100 | 100 | 0 | 0 | 0 | 0 |
| total current assets | 4,446 | 5,220 | 6,081 | 2,740 | 882 | 4,196 | 1,005 |
| total assets | 799,232 | 802,576 | 806,304 | 787,593 | 785,883 | 667,617 | 405,617 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 678,291 | 720,485 | 764,847 | 786,793 | 789,179 | 427,890 | 404,730 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 678,291 | 720,485 | 764,847 | 786,793 | 789,179 | 427,890 | 404,730 |
| 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 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 225,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 225,000 | 0 |
| total liabilities | 678,291 | 720,485 | 764,847 | 786,793 | 789,179 | 652,890 | 404,730 |
| net assets | 120,941 | 82,091 | 41,457 | 800 | -3,296 | 14,727 | 887 |
| total shareholders funds | 120,941 | 82,091 | 41,457 | 800 | -3,296 | 14,727 | 887 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 3,435 | 4,367 | 5,345 | 148 | 148 | 148 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -42,194 | -44,362 | -21,946 | -2,386 | 361,289 | 23,160 | 404,730 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 784,455 | -784,555 | 0 | 121,728 | 258,957 | 403,870 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | -225,000 | 225,000 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -774 | -861 | 3,241 | 1,858 | -3,314 | 3,191 | 1,005 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -774 | -861 | 3,241 | 1,858 | -3,314 | 3,191 | 1,005 |
P&L
September 2023turnover
2.3m
+20%
operating profit
51.6k
0%
gross margin
10.9%
+9.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
120.9k
+0.47%
total assets
799.2k
0%
cash
4.3k
-0.15%
net assets
Total assets minus all liabilities
dray ltd company details
company number
10355378
Type
Private limited with Share Capital
industry
02400 - Support services to forestry
incorporation date
September 2016
age
8
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
bank flat 4 campbell street, belper, derbyshire, DE56 1AP
last accounts submitted
September 2023
dray 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 did not find charges/mortgages relating to dray ltd.
dray ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
