droppad limited
droppad limited Company Information
Group Structure
View All
Industry
Other research and experimental development on natural sciences and engineering
Registered Address
23 forward drive, harrow, HA3 8NT
Website
droppad.co.ukdroppad limited Estimated Valuation
Pomanda estimates the enterprise value of DROPPAD LIMITED at £50.3k based on a Turnover of £51.7k and 0.97x industry multiple (adjusted for size and gross margin).
droppad limited Estimated Valuation
Pomanda estimates the enterprise value of DROPPAD LIMITED at £0 based on an EBITDA of £-30.7k and a 4.44x industry multiple (adjusted for size and gross margin).
droppad limited Estimated Valuation
Pomanda estimates the enterprise value of DROPPAD LIMITED at £0 based on Net Assets of £-26.8k and 2.03x industry multiple (adjusted for liquidity).
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Droppad Limited Overview
Droppad Limited is a live company located in harrow, HA3 8NT with a Companies House number of 10800891. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in June 2017, it's largest shareholder is habibur rahman with a 100% stake. Droppad Limited is a young, micro sized company, Pomanda has estimated its turnover at £51.7k with low growth in recent years.
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Droppad Limited Health Check
Pomanda's financial health check has awarded Droppad Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £51.7k, make it smaller than the average company (£3.7m)
- Droppad Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.8%)
- Droppad Limited
4.8% - Industry AVG
Production
with a gross margin of 27%, this company has a higher cost of product (48.8%)
- Droppad Limited
48.8% - Industry AVG
Profitability
an operating margin of -59.3% make it less profitable than the average company (4.2%)
- Droppad Limited
4.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
1 - Droppad Limited
41 - Industry AVG
Pay Structure
on an average salary of £61.8k, the company has an equivalent pay structure (£61.8k)
- Droppad Limited
£61.8k - Industry AVG
Efficiency
resulting in sales per employee of £51.7k, this is less efficient (£113.2k)
- Droppad Limited
£113.2k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (53 days)
- Droppad Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 400 days, this is slower than average (46 days)
- Droppad Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Droppad Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Droppad Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 282.7%, this is a higher level of debt than the average (44.4%)
282.7% - Droppad Limited
44.4% - Industry AVG
DROPPAD LIMITED financials
Droppad Limited's latest turnover from June 2023 is estimated at £51.7 thousand and the company has net assets of -£26.8 thousand. According to their latest financial statements, Droppad Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 3,235 | |||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | 0 | |||||
| Interest Receivable | ||||||
| Pre-Tax Profit | -10,611 | |||||
| Tax | 0 | |||||
| Profit After Tax | -10,611 | |||||
| Dividends Paid | 0 | |||||
| Retained Profit | -10,611 | |||||
| Employee Costs | 7,938 | |||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 5,739 | 7,173 | 3,343 | 4,178 | 3,474 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 100 | 100 | 100 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,839 | 7,273 | 3,443 | 4,278 | 3,474 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,820 | 58 | 21,488 | 7,729 | 2,167 | 0 |
| 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 | 8,820 | 58 | 21,488 | 7,729 | 2,167 | 0 |
| total assets | 14,659 | 7,331 | 24,931 | 12,007 | 5,641 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 41,442 | 3,443 | 39,867 | 27,123 | 16,173 | 0 |
| 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 | 41,442 | 3,443 | 39,867 | 27,123 | 16,173 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 41,442 | 3,443 | 39,867 | 27,123 | 16,173 | 0 |
| net assets | -26,783 | 3,888 | -14,936 | -15,116 | -10,532 | 0 |
| total shareholders funds | -26,783 | 3,888 | -14,936 | -15,116 | -10,532 | 0 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,762 | -21,430 | 13,759 | 5,562 | 2,167 | 0 |
| Creditors | 37,999 | -36,424 | 12,744 | 10,950 | 16,173 | 0 |
| Accruals and Deferred Income | 0 | 0 | 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 | 100 | 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 |
droppad limited Credit Report and Business Information
Droppad Limited Competitor Analysis
Perform a competitor analysis for droppad limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA3 area or any other competitors across 12 key performance metrics.
droppad limited Ownership
DROPPAD LIMITED group structure
Droppad Limited has no subsidiary companies.
Ultimate parent company
DROPPAD LIMITED
10800891
droppad limited directors
Droppad Limited currently has 1 director, Dr Habibur Rahman serving since May 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Habibur Rahman | England | 38 years | May 2018 | - | Director |
P&L
June 2023turnover
51.7k
+75%
operating profit
-30.7k
0%
gross margin
27%
+13.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-26.8k
-7.89%
total assets
14.7k
+1%
cash
0
0%
net assets
Total assets minus all liabilities
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droppad limited company details
company number
10800891
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
June 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
av security services limited (May 2018)
accountant
-
auditor
-
address
23 forward drive, harrow, HA3 8NT
Bank
-
Legal Advisor
-
droppad 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 droppad limited.
droppad limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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droppad limited Companies House Filings - See Documents
| date | description | view/download |
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