david phillips (rental) limited
david phillips (rental) limited Company Information
Company Number
11013222
Registered Address
units 24-32 london industrial pa, eastbury road, london, E6 6LP
Industry
Renting and leasing of other personal and household goods (other than media entertainment equipment)
Telephone
442038722295
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
occam wile limited 100%
david phillips (rental) limited Estimated Valuation
Pomanda estimates the enterprise value of DAVID PHILLIPS (RENTAL) LIMITED at £3m based on a Turnover of £3.9m and 0.76x industry multiple (adjusted for size and gross margin).
david phillips (rental) limited Estimated Valuation
Pomanda estimates the enterprise value of DAVID PHILLIPS (RENTAL) LIMITED at £1.4m based on an EBITDA of £490.7k and a 2.75x industry multiple (adjusted for size and gross margin).
david phillips (rental) limited Estimated Valuation
Pomanda estimates the enterprise value of DAVID PHILLIPS (RENTAL) LIMITED at £0 based on Net Assets of £-935.7k and 0.46x industry multiple (adjusted for liquidity).
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David Phillips (rental) Limited Overview
David Phillips (rental) Limited is a live company located in london, E6 6LP with a Companies House number of 11013222. It operates in the renting and leasing of other personal and household goods sector, SIC Code 77299. Founded in October 2017, it's largest shareholder is occam wile limited with a 100% stake. David Phillips (rental) Limited is a young, small sized company, Pomanda has estimated its turnover at £3.9m with healthy growth in recent years.
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David Phillips (rental) Limited Health Check
Pomanda's financial health check has awarded David Phillips (Rental) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
2 Weak
Size
annual sales of £3.9m, make it larger than the average company (£652.6k)
£3.9m - David Phillips (rental) Limited
£652.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (11.9%)
5% - David Phillips (rental) Limited
11.9% - Industry AVG
Production
with a gross margin of 79.3%, this company has a comparable cost of product (75.2%)
79.3% - David Phillips (rental) Limited
75.2% - Industry AVG
Profitability
an operating margin of 5.7% make it as profitable than the average company (5.7%)
5.7% - David Phillips (rental) Limited
5.7% - Industry AVG
Employees
with 22 employees, this is above the industry average (9)
22 - David Phillips (rental) Limited
9 - Industry AVG
Pay Structure
on an average salary of £22.2k, the company has an equivalent pay structure (£22.2k)
- David Phillips (rental) Limited
£22.2k - Industry AVG
Efficiency
resulting in sales per employee of £178.5k, this is more efficient (£65.8k)
£178.5k - David Phillips (rental) Limited
£65.8k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (30 days)
10 days - David Phillips (rental) Limited
30 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - David Phillips (rental) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - David Phillips (rental) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - David Phillips (rental) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 142.2%, this is a higher level of debt than the average (73%)
142.2% - David Phillips (rental) Limited
73% - Industry AVG
DAVID PHILLIPS (RENTAL) LIMITED financials
David Phillips (Rental) Limited's latest turnover from March 2023 is £3.9 million and the company has net assets of -£935.7 thousand. According to their latest financial statements, David Phillips (Rental) Limited has 22 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 3,927,546 | 3,794,486 | 3,322,733 | 3,363,898 | 2,705,694 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 812,210 | 1,095,661 | 1,289,406 | 1,327,909 | 1,538,390 | 0 |
| Gross Profit | 3,115,336 | 2,698,825 | 2,033,327 | 2,035,989 | 1,167,304 | 0 |
| Admin Expenses | 2,890,542 | 3,533,404 | 2,149,496 | 1,648,939 | 1,778,477 | 0 |
| Operating Profit | 224,794 | -834,579 | -116,169 | 387,050 | -611,173 | 0 |
| Interest Payable | 90 | 0 | 0 | 0 | 12 | 0 |
| Interest Receivable | 4,394 | 5,882 | 4,233 | 0 | 0 | 0 |
| Pre-Tax Profit | 229,098 | -828,697 | -111,936 | 387,050 | -611,185 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 229,098 | -828,697 | -111,936 | 387,050 | -611,185 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 229,098 | -828,697 | -111,936 | 387,050 | -611,185 | 0 |
| Employee Costs | 0 | |||||
| Number Of Employees | 22 | 24 | 27 | 30 | 28 | |
| EBITDA* | 490,737 | -394,073 | 225,778 | 900,057 | -184,965 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 756,664 | 585,200 | 534,892 | 594,758 | 847,845 | 0 |
| Intangible Assets | 50,000 | 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 | 806,664 | 585,200 | 534,892 | 594,758 | 847,845 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 116,593 | 90,140 | 157,186 | 120,844 | 155,431 | 0 |
| Group Debtors | 850,000 | 300,000 | 0 | 0 | 0 | 0 |
| Misc Debtors | 443,401 | 507,232 | 310,763 | 3,492 | 0 | 1 |
| Cash | 0 | 82,900 | 701,313 | 678,447 | 130,896 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,409,994 | 980,272 | 1,169,262 | 802,783 | 286,327 | 1 |
| total assets | 2,216,658 | 1,565,472 | 1,704,154 | 1,397,541 | 1,134,172 | 1 |
| Bank overdraft | 335,859 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,232,480 | 1,232,480 | 1,168,205 | 1,168,205 | 1,232,480 | 0 |
| other short term finances | 99,999 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,483,989 | 1,497,759 | 872,019 | 453,470 | 512,876 | 0 |
| total current liabilities | 3,152,327 | 2,730,239 | 2,040,224 | 1,621,675 | 1,745,356 | 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 | 3,152,327 | 2,730,239 | 2,040,224 | 1,621,675 | 1,745,356 | 0 |
| net assets | -935,669 | -1,164,767 | -336,070 | -224,134 | -611,184 | 1 |
| total shareholders funds | -935,669 | -1,164,767 | -336,070 | -224,134 | -611,184 | 1 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 224,794 | -834,579 | -116,169 | 387,050 | -611,173 | 0 |
| Depreciation | 265,943 | 440,506 | 341,947 | 513,007 | 426,208 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 512,622 | 429,423 | 343,613 | -31,095 | 155,430 | 1 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -13,770 | 625,740 | 418,549 | -59,406 | 512,876 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -35,655 | -197,756 | 300,714 | 871,746 | 172,481 | -1 |
| 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 | 64,275 | 0 | -64,275 | 1,232,480 | 0 |
| Other Short Term Loans | 99,999 | 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 | 4,304 | 5,882 | 4,233 | 0 | -12 | 0 |
| cash flow from financing | 104,303 | 70,157 | 4,233 | -64,275 | 1,232,468 | 1 |
| cash and cash equivalents | ||||||
| cash | -82,900 | -618,413 | 22,866 | 547,551 | 130,896 | 0 |
| overdraft | 335,859 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -418,759 | -618,413 | 22,866 | 547,551 | 130,896 | 0 |
david phillips (rental) limited Credit Report and Business Information
David Phillips (rental) Limited Competitor Analysis
Perform a competitor analysis for david phillips (rental) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in E 6 area or any other competitors across 12 key performance metrics.
david phillips (rental) limited Ownership
DAVID PHILLIPS (RENTAL) LIMITED group structure
David Phillips (Rental) Limited has no subsidiary companies.
Ultimate parent company
2 parents
DAVID PHILLIPS (RENTAL) LIMITED
11013222
david phillips (rental) limited directors
David Phillips (Rental) Limited currently has 2 directors. The longest serving directors include Mr Michael Hall (Jun 2018) and Mr Nicholas Gill (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Hall | England | 61 years | Jun 2018 | - | Director |
| Mr Nicholas Gill | England | 57 years | Jun 2018 | - | Director |
P&L
March 2023turnover
3.9m
+4%
operating profit
224.8k
-127%
gross margin
79.4%
+11.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-935.7k
-0.2%
total assets
2.2m
+0.42%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
david phillips (rental) limited company details
company number
11013222
Type
Private limited with Share Capital
industry
77299 - Renting and leasing of other personal and household goods (other than media entertainment equipment)
incorporation date
October 2017
age
7
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
hamsard 3472 limited (June 2018)
last accounts submitted
March 2023
address
units 24-32 london industrial pa, eastbury road, london, E6 6LP
accountant
-
auditor
HAZLEWOODS LLP
david phillips (rental) 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 david phillips (rental) limited.
david phillips (rental) limited Companies House Filings - See Documents
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