decortie uk ltd
decortie uk ltd Company Information
Company Number
10604264
Website
https://www.decortie.comRegistered Address
unit 2 heaton court, birchwood, warrington, WA3 6QU
Industry
Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
Semih Kavaklioglu2 Years
Shareholders
semih kavaklioglu 100%
decortie uk ltd Estimated Valuation
Pomanda estimates the enterprise value of DECORTIE UK LTD at £665k based on a Turnover of £2.4m and 0.28x industry multiple (adjusted for size and gross margin).
decortie uk ltd Estimated Valuation
Pomanda estimates the enterprise value of DECORTIE UK LTD at £53.6k based on an EBITDA of £16.6k and a 3.23x industry multiple (adjusted for size and gross margin).
decortie uk ltd Estimated Valuation
Pomanda estimates the enterprise value of DECORTIE UK LTD at £451.7k based on Net Assets of £173k and 2.61x industry multiple (adjusted for liquidity).
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Decortie Uk Ltd Overview
Decortie Uk Ltd is a live company located in warrington, WA3 6QU with a Companies House number of 10604264. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in February 2017, it's largest shareholder is semih kavaklioglu with a 100% stake. Decortie Uk Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.4m with high growth in recent years.
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Decortie Uk Ltd Health Check
Pomanda's financial health check has awarded Decortie Uk Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £2.4m, make it larger than the average company (£1.9m)
- Decortie Uk Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.5%)
- Decortie Uk Ltd
6.5% - Industry AVG
Production
with a gross margin of 31.4%, this company has a higher cost of product (41.3%)
- Decortie Uk Ltd
41.3% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (4.2%)
- Decortie Uk Ltd
4.2% - Industry AVG
Employees
with 8 employees, this is below the industry average (15)
8 - Decortie Uk Ltd
15 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Decortie Uk Ltd
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £301.8k, this is more efficient (£157.8k)
- Decortie Uk Ltd
£157.8k - Industry AVG
Debtor Days
it gets paid by customers after 121 days, this is later than average (13 days)
- Decortie Uk Ltd
13 days - Industry AVG
Creditor Days
its suppliers are paid after 133 days, this is slower than average (39 days)
- Decortie Uk Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Decortie Uk Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Decortie Uk Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.8%, this is a higher level of debt than the average (66.8%)
78.8% - Decortie Uk Ltd
66.8% - Industry AVG
DECORTIE UK LTD financials
Decortie Uk Ltd's latest turnover from February 2023 is estimated at £2.4 million and the company has net assets of £173 thousand. According to their latest financial statements, Decortie Uk Ltd has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| 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 | 8 | 9 | 12 | 8 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 4,132 | 10,267 | 16,402 | 4,538 | 0 | 0 |
| 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 | 4,132 | 10,267 | 16,402 | 4,538 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 189,715 | 0 | 0 |
| Trade Debtors | 801,778 | 909,191 | 1,426,805 | 513,656 | 310,029 | 98,763 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 10,445 | 9,395 | 139 | 3,773 | 0 | 0 |
| Cash | 0 | 0 | 0 | 107,572 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 812,223 | 918,586 | 1,426,944 | 814,716 | 310,029 | 98,763 |
| total assets | 816,355 | 928,853 | 1,443,346 | 819,254 | 310,029 | 98,763 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 605,263 | 715,588 | 1,222,992 | 575,038 | 261,578 | 86,444 |
| 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 | 90,449 | 0 | 0 |
| total current liabilities | 605,263 | 715,588 | 1,222,992 | 665,487 | 261,578 | 86,444 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 3,215 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 33,451 | 49,906 | 67,611 | 708 | 0 | 0 |
| provisions | 4,595 | 3,769 | 3,037 | 0 | 0 | 0 |
| total long term liabilities | 38,046 | 53,675 | 70,648 | 3,923 | 0 | 0 |
| total liabilities | 643,309 | 769,263 | 1,293,640 | 669,410 | 261,578 | 86,444 |
| net assets | 173,046 | 159,590 | 149,706 | 149,844 | 48,451 | 12,319 |
| total shareholders funds | 173,046 | 159,590 | 149,706 | 149,844 | 48,451 | 12,319 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 4,100 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | |||
| Tax | ||||||
| Stock | 0 | 0 | -189,715 | 189,715 | 0 | 0 |
| Debtors | -106,363 | -508,358 | 909,515 | 207,400 | 211,266 | 98,763 |
| Creditors | -110,325 | -507,404 | 647,954 | 313,460 | 175,134 | 86,444 |
| Accruals and Deferred Income | 0 | 0 | -90,449 | 90,449 | 0 | 0 |
| Deferred Taxes & Provisions | 826 | 732 | 3,037 | 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 | -3,215 | 3,215 | 0 | 0 |
| other long term liabilities | -16,455 | -17,705 | 66,903 | 708 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | -107,572 | 107,572 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -107,572 | 107,572 | 0 | 0 |
decortie uk ltd Credit Report and Business Information
Decortie Uk Ltd Competitor Analysis
Perform a competitor analysis for decortie uk ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
decortie uk ltd Ownership
DECORTIE UK LTD group structure
Decortie Uk Ltd has no subsidiary companies.
Ultimate parent company
DECORTIE UK LTD
10604264
decortie uk ltd directors
Decortie Uk Ltd currently has 1 director, Mr Semih Kavaklioglu serving since Aug 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Semih Kavaklioglu | England | 39 years | Aug 2021 | - | Director |
P&L
February 2023turnover
2.4m
-3%
operating profit
16.6k
0%
gross margin
31.5%
-2.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
173k
+0.08%
total assets
816.4k
-0.12%
cash
0
0%
net assets
Total assets minus all liabilities
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decortie uk ltd company details
company number
10604264
Type
Private limited with Share Capital
industry
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
incorporation date
February 2017
age
7
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 2 heaton court, birchwood, warrington, WA3 6QU
last accounts submitted
February 2023
decortie uk 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 decortie uk ltd.
decortie uk ltd Companies House Filings - See Documents
| date | description | view/download |
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