dh decorating ltd
dh decorating ltd Company Information
Group Structure
View All
Industry
Painting
Registered Address
sterling house, 27 hatchlands road, redhill, surrey, RH1 6RW
Website
dh-decorating.co.ukdh decorating ltd Estimated Valuation
Pomanda estimates the enterprise value of DH DECORATING LTD at £570.6k based on a Turnover of £1.4m and 0.41x industry multiple (adjusted for size and gross margin).
dh decorating ltd Estimated Valuation
Pomanda estimates the enterprise value of DH DECORATING LTD at £572.2k based on an EBITDA of £145.1k and a 3.94x industry multiple (adjusted for size and gross margin).
dh decorating ltd Estimated Valuation
Pomanda estimates the enterprise value of DH DECORATING LTD at £628.1k based on Net Assets of £249.3k and 2.52x industry multiple (adjusted for liquidity).
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Dh Decorating Ltd Overview
Dh Decorating Ltd is a live company located in redhill, RH1 6RW with a Companies House number of 11016292. It operates in the painting sector, SIC Code 43341. Founded in October 2017, it's largest shareholder is piers benet horne with a 100% stake. Dh Decorating Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.4m with rapid growth in recent years.
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Dh Decorating Ltd Health Check
Pomanda's financial health check has awarded Dh Decorating Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £1.4m, make it larger than the average company (£150.1k)
- Dh Decorating Ltd
£150.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (15.8%)
- Dh Decorating Ltd
15.8% - Industry AVG
Production
with a gross margin of 34.4%, this company has a comparable cost of product (34.4%)
- Dh Decorating Ltd
34.4% - Industry AVG
Profitability
an operating margin of 9.3% make it more profitable than the average company (7.4%)
- Dh Decorating Ltd
7.4% - Industry AVG
Employees
with 6 employees, this is above the industry average (3)
6 - Dh Decorating Ltd
3 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
- Dh Decorating Ltd
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £229.8k, this is more efficient (£86.4k)
- Dh Decorating Ltd
£86.4k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (48 days)
- Dh Decorating Ltd
48 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (23 days)
- Dh Decorating Ltd
23 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is more than average (3 days)
- Dh Decorating Ltd
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (24 weeks)
7 weeks - Dh Decorating Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.7%, this is a lower level of debt than the average (64.4%)
41.7% - Dh Decorating Ltd
64.4% - Industry AVG
DH DECORATING LTD financials
Dh Decorating Ltd's latest turnover from March 2024 is estimated at £1.4 million and the company has net assets of £249.3 thousand. According to their latest financial statements, Dh Decorating Ltd has 6 employees and maintains cash reserves of £26.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Oct 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 | 6 | 7 | 7 | 6 | 6 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 50,453 | 37,326 | 33,366 | 45,998 | 28,172 | ||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 50,453 | 37,326 | 33,366 | 45,998 | 28,172 | ||
| Stock & work in progress | 55,780 | 74,900 | 69,600 | 89,490 | 36,400 | ||
| Trade Debtors | 283,455 | 219,310 | 192,524 | 113,867 | 337,492 | ||
| Group Debtors | |||||||
| Misc Debtors | 10,884 | 94,888 | 9,579 | 25,123 | 26,220 | ||
| Cash | 26,934 | 32,992 | 4,369 | 42,594 | 73,661 | 100 | 100 |
| misc current assets | |||||||
| total current assets | 377,053 | 422,090 | 276,072 | 271,074 | 473,773 | 100 | 100 |
| total assets | 427,506 | 459,416 | 309,438 | 317,072 | 501,945 | 100 | 100 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 6,063 | 24,419 | 12,639 | 13,125 | 26,020 | ||
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | 2,974 | 5,097 | |||||
| other current liabilities | 172,179 | 283,054 | 272,700 | 334,576 | 430,542 | ||
| total current liabilities | 178,242 | 307,473 | 288,313 | 352,798 | 456,562 | ||
| loans | |||||||
| hp & lease commitments | 2,974 | ||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 2,974 | ||||||
| total liabilities | 178,242 | 307,473 | 288,313 | 355,772 | 456,562 | ||
| net assets | 249,264 | 151,943 | 21,125 | -38,700 | 45,383 | 100 | 100 |
| total shareholders funds | 249,264 | 151,943 | 21,125 | -38,700 | 45,383 | 100 | 100 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 16,898 | 12,563 | 11,304 | 15,450 | 9,569 | ||
| Amortisation | |||||||
| Tax | |||||||
| Stock | -19,120 | 5,300 | -19,890 | 53,090 | 36,400 | ||
| Debtors | -19,859 | 112,095 | 63,113 | -224,722 | 363,712 | ||
| Creditors | -18,356 | 11,780 | -486 | -12,895 | 26,020 | ||
| Accruals and Deferred Income | -110,875 | 10,354 | -61,876 | -95,966 | 430,542 | ||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | -2,974 | -5,097 | 8,071 | ||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -6,058 | 28,623 | -38,225 | -31,067 | 73,561 | 100 | |
| overdraft | |||||||
| change in cash | -6,058 | 28,623 | -38,225 | -31,067 | 73,561 | 100 |
dh decorating ltd Credit Report and Business Information
Dh Decorating Ltd Competitor Analysis
Perform a competitor analysis for dh decorating ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in RH1 area or any other competitors across 12 key performance metrics.
dh decorating ltd Ownership
DH DECORATING LTD group structure
Dh Decorating Ltd has no subsidiary companies.
Ultimate parent company
DH DECORATING LTD
11016292
dh decorating ltd directors
Dh Decorating Ltd currently has 1 director, Mr Piers Horne serving since Oct 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Piers Horne | United Kingdom | 49 years | Oct 2017 | - | Director |
P&L
March 2024turnover
1.4m
+4%
operating profit
128.2k
0%
gross margin
34.4%
+2.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
249.3k
+0.64%
total assets
427.5k
-0.07%
cash
26.9k
-0.18%
net assets
Total assets minus all liabilities
dh decorating ltd company details
company number
11016292
Type
Private limited with Share Capital
industry
43341 - Painting
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
GBJ FINANCIAL LIMITED
auditor
-
address
sterling house, 27 hatchlands road, redhill, surrey, RH1 6RW
Bank
-
Legal Advisor
-
dh decorating 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 1 charges/mortgages relating to dh decorating ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
dh decorating ltd 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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dh decorating ltd Companies House Filings - See Documents
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