drone detection solutions limited

drone detection solutions limited Company Information

Share DRONE DETECTION SOLUTIONS LIMITED
Live 
YoungMicroDeclining

Company Number

10743454

Industry

Security systems service activities

 

Shareholders

cyber defence solutions group limited

Group Structure

View All

Contact

Registered Address

3 bakers lane, shutlanger, towcester, northants, NN12 7RT

drone detection solutions limited Estimated Valuation

£49k

Pomanda estimates the enterprise value of DRONE DETECTION SOLUTIONS LIMITED at £49k based on a Turnover of £137.2k and 0.36x industry multiple (adjusted for size and gross margin).

drone detection solutions limited Estimated Valuation

£607.4k

Pomanda estimates the enterprise value of DRONE DETECTION SOLUTIONS LIMITED at £607.4k based on an EBITDA of £177.6k and a 3.42x industry multiple (adjusted for size and gross margin).

drone detection solutions limited Estimated Valuation

£601.4k

Pomanda estimates the enterprise value of DRONE DETECTION SOLUTIONS LIMITED at £601.4k based on Net Assets of £271.6k and 2.21x industry multiple (adjusted for liquidity).

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Drone Detection Solutions Limited Overview

Drone Detection Solutions Limited is a live company located in towcester, NN12 7RT with a Companies House number of 10743454. It operates in the security systems service activities sector, SIC Code 80200. Founded in April 2017, it's largest shareholder is cyber defence solutions group limited with a 100% stake. Drone Detection Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £137.2k with declining growth in recent years.

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Drone Detection Solutions Limited Health Check

Pomanda's financial health check has awarded Drone Detection Solutions Limited a 4 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

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £137.2k, make it smaller than the average company (£3.6m)

£137.2k - Drone Detection Solutions Limited

£3.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6.6%)

-11% - Drone Detection Solutions Limited

6.6% - Industry AVG

production

Production

with a gross margin of 36.9%, this company has a comparable cost of product (36.9%)

36.9% - Drone Detection Solutions Limited

36.9% - Industry AVG

profitability

Profitability

an operating margin of 127.7% make it more profitable than the average company (6.5%)

127.7% - Drone Detection Solutions Limited

6.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (25)

2 - Drone Detection Solutions Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)

£40.2k - Drone Detection Solutions Limited

£40.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £68.6k, this is less efficient (£114.2k)

£68.6k - Drone Detection Solutions Limited

£114.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Drone Detection Solutions Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (42 days)

0 days - Drone Detection Solutions Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Drone Detection Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 67 weeks, this is more cash available to meet short term requirements (7 weeks)

67 weeks - Drone Detection Solutions Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 12.6%, this is a lower level of debt than the average (67.8%)

12.6% - Drone Detection Solutions Limited

67.8% - Industry AVG

DRONE DETECTION SOLUTIONS LIMITED financials

EXPORTms excel logo

Drone Detection Solutions Limited's latest turnover from December 2023 is estimated at £137.2 thousand and the company has net assets of £271.6 thousand. According to their latest financial statements, Drone Detection Solutions Limited has 2 employees and maintains cash reserves of £50.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover137,174105,639284,316192,75501212
Other Income Or Grants0000000
Cost Of Sales86,56466,802180,711124,916087
Gross Profit50,61138,837103,60567,839045
Admin Expenses-124,5641,16113,63428,734243
Operating Profit175,17537,67689,97139,105-202
Interest Payable0000000
Interest Receivable2,9153,44023727000
Pre-Tax Profit178,09141,11690,20939,132-202
Tax-44,523-7,812-17,140-7,435000
Profit After Tax133,56833,30473,06931,697-202
Dividends Paid0000000
Retained Profit133,56833,30473,06931,697-202
Employee Costs80,387113,021108,47672,783037,35235,387
Number Of Employees2332011
EBITDA*177,63340,13391,40439,105-202

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets3,4815,93916,3968,000000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets3,4815,93916,3968,000000
Stock & work in progress0000000
Trade Debtors06,00000022
Group Debtors257,12777,13000000
Misc Debtors182000000
Cash50,16660,891135,65554,339200
misc current assets0000000
total current assets307,475144,021135,65554,339222
total assets310,956149,960152,05162,339222
Bank overdraft0000000
Bank loan0000000
Trade Creditors 444100000
Group/Directors Accounts1889821,37321,373000
other short term finances0000000
hp & lease commitments0000000
other current liabilities38,21410,62022,7957,747000
total current liabilities38,44610,75944,16829,120000
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions8701,1293,1151,520000
total long term liabilities8701,1293,1151,520000
total liabilities39,31611,88847,28330,640000
net assets271,640138,072104,76831,699222
total shareholders funds271,640138,072104,76831,699222
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit175,17537,67689,97139,105-202
Depreciation2,4582,4571,4330000
Amortisation0000000
Tax-44,523-7,812-17,140-7,435000
Stock0000000
Debtors174,17983,13000-202
Creditors34100000
Accruals and Deferred Income27,594-12,17515,0487,747000
Deferred Taxes & Provisions-259-1,9861,5951,520000
Cash flow from operations-13,731-64,92990,90740,937000
Investing Activities
capital expenditure08,000-9,829-8,000000
Change in Investments0000000
cash flow from investments08,000-9,829-8,000000
Financing Activities
Bank loans0000000
Group/Directors Accounts90-21,275021,373000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0000200
interest2,9153,44023727000
cash flow from financing3,005-17,83523721,400200
cash and cash equivalents
cash-10,725-74,76481,31654,337200
overdraft0000000
change in cash-10,725-74,76481,31654,337200

drone detection solutions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Drone Detection Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for drone detection solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in NN12 area or any other competitors across 12 key performance metrics.

drone detection solutions limited Ownership

DRONE DETECTION SOLUTIONS LIMITED group structure

Drone Detection Solutions Limited has no subsidiary companies.

Ultimate parent company

1 parent

DRONE DETECTION SOLUTIONS LIMITED

10743454

DRONE DETECTION SOLUTIONS LIMITED Shareholders

cyber defence solutions group limited 100%

drone detection solutions limited directors

Drone Detection Solutions Limited currently has 2 directors. The longest serving directors include Mr Leigh Mason (Jun 2018) and Mr William Thomson (Jun 2018).

officercountryagestartendrole
Mr Leigh MasonUnited Kingdom56 years Jun 2018- Director
Mr William Thomson49 years Jun 2018- Director

P&L

December 2023

turnover

137.2k

+30%

operating profit

175.2k

0%

gross margin

36.9%

+0.36%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

271.6k

+0.97%

total assets

311k

+1.07%

cash

50.2k

-0.18%

net assets

Total assets minus all liabilities

drone detection solutions limited company details

company number

10743454

Type

Private limited with Share Capital

industry

80200 - Security systems service activities

incorporation date

April 2017

age

7

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

HAES COOPER & CO LIMITED

auditor

-

address

3 bakers lane, shutlanger, towcester, northants, NN12 7RT

Bank

-

Legal Advisor

-

drone detection solutions 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 drone detection solutions limited.

charges

drone detection solutions limited Companies House Filings - See Documents

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