hartlepool 2 dp ltd
hartlepool 2 dp ltd Company Information
Company Number
10610394
Website
www.dpcne.comRegistered Address
unit 10 evolution, wynyard business park, wynyard, TS22 5TB
Industry
Other retail sale of food in specialised stores
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Mike Racz7 Years
Shareholders
ponty dp ltd 50%
mike racz 50%
hartlepool 2 dp ltd Estimated Valuation
Pomanda estimates the enterprise value of HARTLEPOOL 2 DP LTD at £310.7k based on a Turnover of £1m and 0.31x industry multiple (adjusted for size and gross margin).
hartlepool 2 dp ltd Estimated Valuation
Pomanda estimates the enterprise value of HARTLEPOOL 2 DP LTD at £456.6k based on an EBITDA of £120.4k and a 3.79x industry multiple (adjusted for size and gross margin).
hartlepool 2 dp ltd Estimated Valuation
Pomanda estimates the enterprise value of HARTLEPOOL 2 DP LTD at £949.9k based on Net Assets of £333k and 2.85x industry multiple (adjusted for liquidity).
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Hartlepool 2 Dp Ltd Overview
Hartlepool 2 Dp Ltd is a live company located in wynyard, TS22 5TB with a Companies House number of 10610394. It operates in the other retail sale of food in specialised stores sector, SIC Code 47290. Founded in February 2017, it's largest shareholder is ponty dp ltd with a 50% stake. Hartlepool 2 Dp Ltd is a young, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.
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Hartlepool 2 Dp Ltd Health Check
Pomanda's financial health check has awarded Hartlepool 2 Dp Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £1m, make it larger than the average company (£551.6k)
- Hartlepool 2 Dp Ltd
£551.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (6.4%)
- Hartlepool 2 Dp Ltd
6.4% - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
- Hartlepool 2 Dp Ltd
36.1% - Industry AVG
Profitability
an operating margin of 8.2% make it more profitable than the average company (3.9%)
- Hartlepool 2 Dp Ltd
3.9% - Industry AVG
Employees
with 37 employees, this is above the industry average (12)
37 - Hartlepool 2 Dp Ltd
12 - Industry AVG
Pay Structure
on an average salary of £15k, the company has an equivalent pay structure (£15k)
- Hartlepool 2 Dp Ltd
£15k - Industry AVG
Efficiency
resulting in sales per employee of £27.5k, this is less efficient (£76.4k)
- Hartlepool 2 Dp Ltd
£76.4k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is near the average (24 days)
- Hartlepool 2 Dp Ltd
24 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (31 days)
- Hartlepool 2 Dp Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (21 days)
- Hartlepool 2 Dp Ltd
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (27 weeks)
8 weeks - Hartlepool 2 Dp Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.6%, this is a lower level of debt than the average (79.6%)
55.6% - Hartlepool 2 Dp Ltd
79.6% - Industry AVG
HARTLEPOOL 2 DP LTD financials
Hartlepool 2 Dp Ltd's latest turnover from December 2022 is estimated at £1 million and the company has net assets of £333 thousand. According to their latest financial statements, Hartlepool 2 Dp Ltd has 37 employees and maintains cash reserves of £69.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | 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 | 37 | 26 | 26 | 26 | 26 | 13 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 145,177 | 178,712 | 193,526 | 117,325 | 144,274 | 169,503 |
| 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 | 145,177 | 178,712 | 193,526 | 117,325 | 144,274 | 169,503 |
| Stock & work in progress | 16,948 | 13,333 | 14,033 | 9,598 | 14,677 | 15,286 |
| Trade Debtors | 68,264 | 38,047 | 201,515 | 3,938 | 233,560 | 46,173 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 450,412 | 307,510 | 0 | 300,132 | 0 | 0 |
| Cash | 69,509 | 134,688 | 102,867 | 59,163 | 41,092 | 148,883 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 605,133 | 493,578 | 318,415 | 372,831 | 289,329 | 210,342 |
| total assets | 750,310 | 672,290 | 511,941 | 490,156 | 433,603 | 379,845 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 46,152 | 47,483 | 402,434 | 459,897 | 227,966 | 176,610 |
| 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 | 371,194 | 362,561 | 0 | 0 | 0 | 0 |
| total current liabilities | 417,346 | 410,044 | 402,434 | 459,897 | 227,966 | 176,610 |
| loans | 0 | 0 | 0 | 0 | 62,591 | 79,708 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 109,979 | 109,979 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 172,570 | 189,687 |
| total liabilities | 417,346 | 410,044 | 402,434 | 459,897 | 400,536 | 366,297 |
| net assets | 332,964 | 262,246 | 109,507 | 30,259 | 33,067 | 13,548 |
| total shareholders funds | 332,964 | 262,246 | 109,507 | 30,259 | 33,067 | 13,548 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 36,622 | 41,239 | 41,438 | 26,949 | 25,229 | 35,098 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 3,615 | -700 | 4,435 | -5,079 | 14,677 | 15,286 |
| Debtors | 173,119 | 144,042 | -102,555 | 70,510 | 233,560 | 46,173 |
| Creditors | -1,331 | -354,951 | -57,463 | 231,931 | 227,966 | 176,610 |
| Accruals and Deferred Income | 8,633 | 362,561 | 0 | 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 | -62,591 | 62,591 | 79,708 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -109,979 | 109,979 | 109,979 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -65,179 | 31,821 | 43,704 | 18,071 | 41,092 | 148,883 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -65,179 | 31,821 | 43,704 | 18,071 | 41,092 | 148,883 |
hartlepool 2 dp ltd Credit Report and Business Information
Hartlepool 2 Dp Ltd Competitor Analysis
Perform a competitor analysis for hartlepool 2 dp ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in TS22 area or any other competitors across 12 key performance metrics.
hartlepool 2 dp ltd Ownership
HARTLEPOOL 2 DP LTD group structure
Hartlepool 2 Dp Ltd has no subsidiary companies.
Ultimate parent company
HARTLEPOOL 2 DP LTD
10610394
hartlepool 2 dp ltd directors
Hartlepool 2 Dp Ltd currently has 1 director, Mr Mike Racz serving since Apr 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mike Racz | England | 42 years | Apr 2017 | - | Director |
P&L
December 2022turnover
1m
+30%
operating profit
83.7k
0%
gross margin
36.1%
+1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
333k
+0.27%
total assets
750.3k
+0.12%
cash
69.5k
-0.48%
net assets
Total assets minus all liabilities
hartlepool 2 dp ltd company details
company number
10610394
Type
Private limited with Share Capital
industry
47290 - Other retail sale of food in specialised stores
incorporation date
February 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
unit 10 evolution, wynyard business park, wynyard, TS22 5TB
accountant
FLANNAGANS CHARTERED CERTIFIED
auditor
-
hartlepool 2 dp 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 4 charges/mortgages relating to hartlepool 2 dp ltd. Currently there are 1 open charges and 3 have been satisfied in the past.
hartlepool 2 dp ltd Companies House Filings - See Documents
| date | description | view/download |
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