Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Pomanda estimates the enterprise value of DRIFTVIEW HOLDINGS LIMITED at £29.1m based on a Turnover of £22.4m and 1.3x industry multiple (adjusted for size and gross margin).
driftview holdings limitedEstimated Valuation
£7.5m
Pomanda estimates the enterprise value of DRIFTVIEW HOLDINGS LIMITED at £7.5m based on an EBITDA of £1.4m and a 5.48x industry multiple (adjusted for size and gross margin).
driftview holdings limitedEstimated Valuation
£12m
Pomanda estimates the enterprise value of DRIFTVIEW HOLDINGS LIMITED at £12m based on Net Assets of £9.4m and 1.27x industry multiple (adjusted for liquidity).
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Driftview Holdings LimitedOverview
Driftview Holdings Limited is a live company located in bourne, PE10 9LA with a Companies House number of 11484950. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2018, it's largest shareholder is
james andrew woolway
with a 51% stake. Driftview Holdings Limited is a young,
large sized company, Pomanda has estimated its turnover at
£22.4m with
high
growth in recent years.
Pomanda's financial health check has awarded Driftview Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £22.4m, make it in line with the average company (£18.9m)
£22.4m - Driftview Holdings Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (10.5%)
17% - Driftview Holdings Limited
10.5% - Industry AVG
Production
with a gross margin of 24.2%, this company has a higher cost of product (36.4%)
24.2% - Driftview Holdings Limited
36.4% - Industry AVG
Profitability
an operating margin of 5.2% make it as profitable than the average company (4.5%)
5.2% - Driftview Holdings Limited
4.5% - Industry AVG
Employees
with 72 employees, this is below the industry average (104)
72 - Driftview Holdings Limited
104 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has an equivalent pay structure (£44.7k)
£42.6k - Driftview Holdings Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £311.1k, this is more efficient (£190.6k)
£311.1k - Driftview Holdings Limited
£190.6k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (45 days)
23 days - Driftview Holdings Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (44 days)
18 days - Driftview Holdings Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 121 days, this is more than average (40 days)
121 days - Driftview Holdings Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 20 weeks, this is more cash available to meet short term requirements (14 weeks)
20 weeks - Driftview Holdings Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.7%, this is a lower level of debt than the average (69.7%)
21.7% - Driftview Holdings Limited
69.7% - Industry AVG
DRIFTVIEW HOLDINGS LIMITED financials
EXPORT
Driftview Holdings Limited's latest turnover from December 2023 is £22.4 million and the company has net assets of £9.4 million. According to their latest financial statements, Driftview Holdings Limited has 72 employees and maintains cash reserves of £667.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Turnover
22,396,893
21,733,915
21,900,201
14,022,747
14,923,471
16,065,161
Other Income Or Grants
Cost Of Sales
16,974,904
15,623,818
16,092,763
10,574,421
11,758,165
12,257,831
Gross Profit
5,421,989
6,110,097
5,807,438
3,448,326
3,165,306
3,807,330
Admin Expenses
4,250,801
3,830,869
3,290,190
2,732,547
2,554,902
2,784,424
Operating Profit
1,171,188
2,279,228
2,517,248
715,779
610,404
1,022,906
Interest Payable
138,929
72,562
30,259
52,349
34,488
28,226
Interest Receivable
221
218
533
75
Pre-Tax Profit
1,857,480
2,206,666
2,486,989
663,648
576,449
994,755
Tax
-229,323
-396,058
-485,054
-134,542
-122,645
-178,238
Profit After Tax
1,628,157
1,810,608
2,001,935
529,106
453,804
816,517
Dividends Paid
178,100
177,810
177,420
177,420
190,500
97,500
Retained Profit
1,450,057
1,632,798
1,824,515
351,686
263,304
719,017
Employee Costs
3,070,676
2,861,201
2,386,381
1,854,619
1,540,405
1,621,717
Number Of Employees
72
72
71
71
41
37
EBITDA*
1,368,274
2,380,411
2,686,048
1,096,950
740,823
1,142,920
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
3,862,582
3,910,343
3,588,041
3,692,579
1,803,072
1,875,805
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,862,582
3,910,343
3,588,041
3,692,579
1,803,072
1,875,805
Stock & work in progress
5,633,433
6,733,583
5,054,937
4,245,026
3,487,657
3,782,352
Trade Debtors
1,441,845
1,878,580
3,037,252
871,624
1,244,790
1,395,166
Group Debtors
55,090
Misc Debtors
457,629
251,472
150,072
173,459
119,510
147,301
Cash
667,677
313,296
720,469
343,433
99,599
120,187
misc current assets
total current assets
8,200,584
9,176,931
9,017,820
5,633,542
4,951,556
5,445,006
total assets
12,063,166
13,087,274
12,605,861
9,326,121
6,754,628
7,320,811
Bank overdraft
110,121
110,121
329,647
24,749
Bank loan
84,047
110,121
Trade Creditors
865,057
2,836,805
2,417,008
1,829,193
805,813
1,495,539
Group/Directors Accounts
50,564
50,564
250,564
177,366
159,064
100,000
other short term finances
148,450
210,928
1,502,582
248,778
714,450
977,119
hp & lease commitments
5,462
other current liabilities
561,603
812,568
967,692
1,239,223
395,824
621,601
total current liabilities
1,709,721
4,020,986
5,247,967
3,604,681
2,404,798
3,224,470
loans
632,732
709,370
798,638
890,200
hp & lease commitments
Accruals and Deferred Income
other liabilities
114,321
103,877
provisions
272,567
244,508
167,406
159,997
254,339
264,154
total long term liabilities
905,299
1,068,199
966,044
1,154,074
254,339
264,154
total liabilities
2,615,020
5,089,185
6,214,011
4,758,755
2,659,137
3,488,624
net assets
9,448,146
7,998,089
6,391,850
4,567,366
4,095,491
3,832,187
total shareholders funds
9,448,146
7,998,089
6,391,850
4,567,366
4,095,491
3,832,187
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
1,171,188
2,279,228
2,517,248
715,779
610,404
1,022,906
Depreciation
197,086
101,183
168,800
165,446
130,419
120,014
Amortisation
215,725
Tax
-229,323
-396,058
-485,054
-134,542
-122,645
-178,238
Stock
-1,100,150
1,678,646
809,911
757,369
-294,695
3,782,352
Debtors
-230,578
-1,112,362
2,197,331
-319,217
-178,167
1,542,467
Creditors
-1,971,748
419,797
587,815
1,023,380
-689,726
1,495,539
Accruals and Deferred Income
-250,965
-155,124
-271,531
843,399
-225,777
621,601
Deferred Taxes & Provisions
28,059
77,102
7,409
-94,342
-9,815
264,154
Cash flow from operations
275,025
1,759,844
-482,555
2,296,693
165,722
-1,978,843
Investing Activities
capital expenditure
-139,434
Change in Investments
cash flow from investments
-139,434
Financing Activities
Bank loans
-26,074
110,121
Group/Directors Accounts
-200,000
73,198
18,302
59,064
100,000
Other Short Term Loans
-62,478
-1,291,654
1,253,804
-465,672
-262,669
977,119
Long term loans
-76,638
-89,268
-91,562
890,200
Hire Purchase and Lease Commitments
-5,462
5,462
other long term liabilities
-114,321
114,321
-103,877
103,877
share issue
-26,559
-31
120,189
3,113,170
interest
-138,708
-72,562
-30,259
-52,131
-33,955
-28,151
cash flow from financing
-418,219
-1,455,601
1,101,273
614,765
-243,022
4,167,600
cash and cash equivalents
cash
354,381
-407,173
377,036
243,834
-20,588
120,187
overdraft
-110,121
-219,526
304,898
24,749
change in cash
354,381
-297,052
377,036
463,360
-325,486
95,438
driftview holdings limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for driftview holdings limited. Get real-time insights into driftview holdings limited's credit score, group structure and payment trends.
Perform a competitor analysis for driftview holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in PE10 area or any other competitors across 12 key performance metrics.
driftview holdings limited Ownership
DRIFTVIEW HOLDINGS LIMITED group structure
Driftview Holdings Limited has 4 subsidiary companies.
The largest shareholders in Driftview Holdings Limited include James Andrew Woolway and Jennifer Marie Woolway.
james andrew woolway
51%
jennifer marie woolway
49%
driftview holdings limited directors
Driftview Holdings Limited currently has 2 directors.
The longest serving directors include
Mrs Jennifer Woolway (Jul 2018) and
Mr James Woolway (Jul 2018).
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
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 7 charges/mortgages relating to driftview holdings limited. Currently there are 3 open charges and 4 have been satisfied in the past.
driftview holdings 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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driftview holdings limitedCompanies House Filings - See Documents
