driversequipment.com ltd
driversequipment.com ltd Company Information
Company Number
10467679
Website
-Registered Address
norfolk house hamlin way, king's lynn, norfolk, PE30 4NG
Industry
Retail sale of sporting equipment in specialised stores
Telephone
-
Next Accounts Due
August 2024
Group Structure
View All
Directors
James Penrose7 Years
Shareholders
driversequipment.com (holdings) ltd 100%
driversequipment.com ltd Estimated Valuation
Pomanda estimates the enterprise value of DRIVERSEQUIPMENT.COM LTD at £340.9k based on a Turnover of £1.1m and 0.3x industry multiple (adjusted for size and gross margin).
driversequipment.com ltd Estimated Valuation
Pomanda estimates the enterprise value of DRIVERSEQUIPMENT.COM LTD at £0 based on an EBITDA of £-45.2k and a 3.54x industry multiple (adjusted for size and gross margin).
driversequipment.com ltd Estimated Valuation
Pomanda estimates the enterprise value of DRIVERSEQUIPMENT.COM LTD at £0 based on Net Assets of £-93.1k and 2.48x industry multiple (adjusted for liquidity).
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Driversequipment.com Ltd Overview
Driversequipment.com Ltd is a live company located in norfolk, PE30 4NG with a Companies House number of 10467679. It operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles sector, SIC Code 47640. Founded in November 2016, it's largest shareholder is driversequipment.com (holdings) ltd with a 100% stake. Driversequipment.com Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.
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Driversequipment.com Ltd Health Check
Pomanda's financial health check has awarded Driversequipment.Com Ltd a 3 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 £1.1m, make it larger than the average company (£607.3k)
- Driversequipment.com Ltd
£607.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (7.4%)
- Driversequipment.com Ltd
7.4% - Industry AVG
Production
with a gross margin of 23.6%, this company has a higher cost of product (31.5%)
- Driversequipment.com Ltd
31.5% - Industry AVG
Profitability
an operating margin of -4% make it less profitable than the average company (4.7%)
- Driversequipment.com Ltd
4.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Driversequipment.com Ltd
14 - Industry AVG
Pay Structure
on an average salary of £24.8k, the company has an equivalent pay structure (£24.8k)
- Driversequipment.com Ltd
£24.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£147.3k)
- Driversequipment.com Ltd
£147.3k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (25 days)
- Driversequipment.com Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 164 days, this is slower than average (33 days)
- Driversequipment.com Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Driversequipment.com Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Driversequipment.com Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 130.4%, this is a higher level of debt than the average (73.1%)
130.4% - Driversequipment.com Ltd
73.1% - Industry AVG
driversequipment.com ltd Credit Report and Business Information
Driversequipment.com Ltd Competitor Analysis
Perform a competitor analysis for driversequipment.com ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
driversequipment.com ltd Ownership
DRIVERSEQUIPMENT.COM LTD group structure
Driversequipment.Com Ltd has no subsidiary companies.
Ultimate parent company
1 parent
DRIVERSEQUIPMENT.COM LTD
10467679
driversequipment.com ltd directors
Driversequipment.Com Ltd currently has 1 director, Mr James Penrose serving since Nov 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Penrose | United Kingdom | 66 years | Nov 2016 | - | Director |
DRIVERSEQUIPMENT.COM LTD financials
Driversequipment.Com Ltd's latest turnover from November 2022 is estimated at £1.1 million and the company has net assets of -£93.1 thousand. According to their latest financial statements, Driversequipment.Com Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 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 | 1 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 4,942 | 5,544 | 5,122 | 5,975 | 6,828 | 7,681 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,942 | 5,544 | 5,122 | 5,975 | 6,828 | 7,681 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 301,322 | 314,332 | 344,102 | 327,615 | 334,986 | 335,073 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 301,322 | 314,332 | 344,102 | 327,615 | 334,986 | 335,073 |
| total assets | 306,264 | 319,876 | 349,224 | 333,590 | 341,814 | 342,754 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 384,410 | 353,038 | 384,764 | 357,952 | 347,268 | 349,927 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 384,410 | 353,038 | 384,764 | 357,952 | 347,268 | 349,927 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 14,980 | 14,800 | 765 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 14,980 | 14,800 | 765 | 0 | 0 | 0 |
| total liabilities | 399,390 | 367,838 | 385,529 | 357,952 | 347,268 | 349,927 |
| net assets | -93,126 | -47,962 | -36,305 | -24,362 | -5,454 | -7,173 |
| total shareholders funds | -93,126 | -47,962 | -36,305 | -24,362 | -5,454 | -7,173 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -13,010 | -29,770 | 16,487 | -7,371 | -87 | 335,073 |
| Creditors | 31,372 | -31,726 | 26,812 | 10,684 | -2,659 | 349,927 |
| Accruals and Deferred Income | 180 | 14,035 | 765 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
P&L
November 2022turnover
1.1m
+19%
operating profit
-45.2k
0%
gross margin
23.7%
+6.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
-93.1k
+0.94%
total assets
306.3k
-0.04%
cash
0
0%
net assets
Total assets minus all liabilities
driversequipment.com ltd company details
company number
10467679
Type
Private limited with Share Capital
industry
47640 - Retail sale of sporting equipment in specialised stores
incorporation date
November 2016
age
8
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
norfolk house hamlin way, king's lynn, norfolk, PE30 4NG
last accounts submitted
November 2022
driversequipment.com 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 driversequipment.com ltd.
driversequipment.com ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
