drinkwater ltd
drinkwater ltd Company Information
Company Number
11220502
Next Accounts
Nov 2025
Shareholders
david drinkwater
lee drinkwater
Group Structure
View All
Industry
Freight transport by road
Registered Address
building 86 office 5, royal ordnance depot, weedon, northamptonshire, NN7 4PS
Website
drinkwatermushrooms.co.ukdrinkwater ltd Estimated Valuation
Pomanda estimates the enterprise value of DRINKWATER LTD at £296.2k based on a Turnover of £590.2k and 0.5x industry multiple (adjusted for size and gross margin).
drinkwater ltd Estimated Valuation
Pomanda estimates the enterprise value of DRINKWATER LTD at £434.9k based on an EBITDA of £117.1k and a 3.71x industry multiple (adjusted for size and gross margin).
drinkwater ltd Estimated Valuation
Pomanda estimates the enterprise value of DRINKWATER LTD at £543.6k based on Net Assets of £227.1k and 2.39x industry multiple (adjusted for liquidity).
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Drinkwater Ltd Overview
Drinkwater Ltd is a live company located in weedon, NN7 4PS with a Companies House number of 11220502. It operates in the freight transport by road sector, SIC Code 49410. Founded in February 2018, it's largest shareholder is david drinkwater with a 50% stake. Drinkwater Ltd is a young, small sized company, Pomanda has estimated its turnover at £590.2k with declining growth in recent years.
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Drinkwater Ltd Health Check
Pomanda's financial health check has awarded Drinkwater Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £590.2k, make it smaller than the average company (£9m)
- Drinkwater Ltd
£9m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (9.4%)
- Drinkwater Ltd
9.4% - Industry AVG
Production
with a gross margin of 23.1%, this company has a comparable cost of product (23.1%)
- Drinkwater Ltd
23.1% - Industry AVG
Profitability
an operating margin of 6.5% make it more profitable than the average company (5.2%)
- Drinkwater Ltd
5.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (58)
2 - Drinkwater Ltd
58 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- Drinkwater Ltd
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £295.1k, this is more efficient (£136.4k)
- Drinkwater Ltd
£136.4k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (51 days)
- Drinkwater Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (30 days)
- Drinkwater Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Drinkwater Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (14 weeks)
33 weeks - Drinkwater Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.1%, this is a similar level of debt than the average (60.8%)
66.1% - Drinkwater Ltd
60.8% - Industry AVG
DRINKWATER LTD financials
Drinkwater Ltd's latest turnover from February 2024 is estimated at £590.2 thousand and the company has net assets of £227.1 thousand. According to their latest financial statements, Drinkwater Ltd has 2 employees and maintains cash reserves of £118.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 412,242 | 267,848 | 317,836 | 160,183 | 62,996 | 46,203 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 412,242 | 267,848 | 317,836 | 160,183 | 62,996 | 46,203 |
| Stock & work in progress | ||||||
| Trade Debtors | 129,783 | 94,847 | 119,220 | 174,287 | 118,715 | 60,450 |
| Group Debtors | ||||||
| Misc Debtors | 9,877 | 3,428 | 2,751 | |||
| Cash | 118,581 | 155,838 | 125,027 | |||
| misc current assets | ||||||
| total current assets | 258,241 | 254,113 | 246,998 | 174,287 | 118,715 | 60,450 |
| total assets | 670,483 | 521,961 | 564,834 | 334,470 | 181,711 | 106,653 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 44,732 | 13,201 | 13,869 | 165,729 | 97,839 | 87,718 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 142,016 | 140,756 | 153,742 | |||
| total current liabilities | 186,748 | 153,957 | 167,611 | 165,729 | 97,839 | 87,718 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 153,620 | 124,162 | 186,267 | 79,745 | 16,894 | |
| provisions | 103,061 | 50,891 | 60,389 | |||
| total long term liabilities | 256,681 | 175,053 | 246,656 | 79,745 | 16,894 | |
| total liabilities | 443,429 | 329,010 | 414,267 | 245,474 | 114,733 | 87,718 |
| net assets | 227,054 | 192,951 | 150,567 | 88,996 | 66,978 | 18,935 |
| total shareholders funds | 227,054 | 192,951 | 150,567 | 88,996 | 66,978 | 18,935 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 78,860 | 104,335 | ||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 41,385 | -23,696 | -52,316 | 55,572 | 58,265 | 60,450 |
| Creditors | 31,531 | -668 | -151,860 | 67,890 | 10,121 | 87,718 |
| Accruals and Deferred Income | 1,260 | -12,986 | 153,742 | |||
| Deferred Taxes & Provisions | 52,170 | -9,498 | 60,389 | |||
| 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 | ||||||
| other long term liabilities | 29,458 | -62,105 | 106,522 | 62,851 | 16,894 | |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -37,257 | 30,811 | 125,027 | |||
| overdraft | ||||||
| change in cash | -37,257 | 30,811 | 125,027 |
drinkwater ltd Credit Report and Business Information
Drinkwater Ltd Competitor Analysis
Perform a competitor analysis for drinkwater ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in NN7 area or any other competitors across 12 key performance metrics.
drinkwater ltd Ownership
DRINKWATER LTD group structure
Drinkwater Ltd has no subsidiary companies.
Ultimate parent company
DRINKWATER LTD
11220502
drinkwater ltd directors
Drinkwater Ltd currently has 2 directors. The longest serving directors include Mr David Drinkwater (Feb 2018) and Mr Lee Drinkwater (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Drinkwater | England | 41 years | Feb 2018 | - | Director |
| Mr Lee Drinkwater | England | 47 years | Feb 2018 | - | Director |
P&L
February 2024turnover
590.2k
+56%
operating profit
38.3k
0%
gross margin
23.1%
+7.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
227.1k
+0.18%
total assets
670.5k
+0.28%
cash
118.6k
-0.24%
net assets
Total assets minus all liabilities
drinkwater ltd company details
company number
11220502
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
building 86 office 5, royal ordnance depot, weedon, northamptonshire, NN7 4PS
Bank
-
Legal Advisor
-
drinkwater 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 did not find charges/mortgages relating to drinkwater ltd.
drinkwater 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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drinkwater ltd Companies House Filings - See Documents
| date | description | view/download |
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