dragonfly insulation ltd
dragonfly insulation ltd Company Information
Company Number
12026868
Next Accounts
Sep 2025
Shareholders
innovation gp limited
newcastle university holdings limited
View AllGroup Structure
View All
Industry
Manufacture of ceramic insulators and insulating fittings
+3Registered Address
9d marquis court, low prudhoe, prudhoe, northumberland, NE42 6PJ
Website
dragonflyinsulation.co.ukdragonfly insulation ltd Estimated Valuation
Pomanda estimates the enterprise value of DRAGONFLY INSULATION LTD at £222.8k based on a Turnover of £337.7k and 0.66x industry multiple (adjusted for size and gross margin).
dragonfly insulation ltd Estimated Valuation
Pomanda estimates the enterprise value of DRAGONFLY INSULATION LTD at £0 based on an EBITDA of £-268k and a 3.33x industry multiple (adjusted for size and gross margin).
dragonfly insulation ltd Estimated Valuation
Pomanda estimates the enterprise value of DRAGONFLY INSULATION LTD at £1.2m based on Net Assets of £556k and 2.12x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Dragonfly Insulation Ltd Overview
Dragonfly Insulation Ltd is a live company located in prudhoe, NE42 6PJ with a Companies House number of 12026868. It operates in the manufacture of other ceramic products n.e.c. sector, SIC Code 23490. Founded in May 2019, it's largest shareholder is innovation gp limited with a 32.9% stake. Dragonfly Insulation Ltd is a young, micro sized company, Pomanda has estimated its turnover at £337.7k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Dragonfly Insulation Ltd Health Check
Pomanda's financial health check has awarded Dragonfly Insulation Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £337.7k, make it smaller than the average company (£24.8m)
- Dragonfly Insulation Ltd
£24.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Dragonfly Insulation Ltd
- - Industry AVG
Production
with a gross margin of 28.6%, this company has a comparable cost of product (28.6%)
- Dragonfly Insulation Ltd
28.6% - Industry AVG
Profitability
an operating margin of -83.8% make it less profitable than the average company (4.8%)
- Dragonfly Insulation Ltd
4.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (74)
3 - Dragonfly Insulation Ltd
74 - Industry AVG
Pay Structure
on an average salary of £46.8k, the company has an equivalent pay structure (£46.8k)
- Dragonfly Insulation Ltd
£46.8k - Industry AVG
Efficiency
resulting in sales per employee of £112.6k, this is less efficient (£264.9k)
- Dragonfly Insulation Ltd
£264.9k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (44 days)
- Dragonfly Insulation Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (37 days)
- Dragonfly Insulation Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Dragonfly Insulation Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1110 weeks, this is more cash available to meet short term requirements (9 weeks)
1110 weeks - Dragonfly Insulation Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4%, this is a lower level of debt than the average (47.8%)
4% - Dragonfly Insulation Ltd
47.8% - Industry AVG
DRAGONFLY INSULATION LTD financials
Dragonfly Insulation Ltd's latest turnover from December 2023 is estimated at £337.7 thousand and the company has net assets of £556 thousand. According to their latest financial statements, Dragonfly Insulation Ltd has 3 employees and maintains cash reserves of £497.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | May 2020 | |
|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | May 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 14,798 | 27,464 | 22,676 | ||
| Intangible Assets | 13,931 | 500 | 500 | 500 | |
| Investments & Other | 400 | ||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 28,729 | 27,964 | 23,176 | 500 | 400 |
| Stock & work in progress | |||||
| Trade Debtors | 28,800 | 42 | |||
| Group Debtors | |||||
| Misc Debtors | 24,103 | 42,833 | 50,404 | 750 | |
| Cash | 497,722 | 124,526 | 228,236 | ||
| misc current assets | |||||
| total current assets | 550,625 | 167,401 | 278,640 | 750 | |
| total assets | 579,354 | 195,365 | 301,816 | 1,250 | 400 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 304 | 60 | 6,190 | ||
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 23,009 | 7,651 | 5,866 | ||
| total current liabilities | 23,313 | 7,711 | 12,056 | ||
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 23,313 | 7,711 | 12,056 | ||
| net assets | 556,041 | 187,654 | 289,760 | 1,250 | 400 |
| total shareholders funds | 556,041 | 187,654 | 289,760 | 1,250 | 400 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | May 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 14,969 | 12,039 | 4,252 | ||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 10,028 | -7,529 | 49,654 | 750 | |
| Creditors | 244 | -6,130 | 6,190 | ||
| Accruals and Deferred Income | 15,358 | 1,785 | 5,866 | ||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 400 | ||||
| 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 | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 373,196 | -103,710 | 228,236 | ||
| overdraft | |||||
| change in cash | 373,196 | -103,710 | 228,236 |
dragonfly insulation ltd Credit Report and Business Information
Dragonfly Insulation Ltd Competitor Analysis
Perform a competitor analysis for dragonfly insulation ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NE42 area or any other competitors across 12 key performance metrics.
dragonfly insulation ltd Ownership
DRAGONFLY INSULATION LTD group structure
Dragonfly Insulation Ltd has no subsidiary companies.
Ultimate parent company
DRAGONFLY INSULATION LTD
12026868
dragonfly insulation ltd directors
Dragonfly Insulation Ltd currently has 3 directors. The longest serving directors include Dr Xiao Han (May 2019) and Mr Richard Neal (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Xiao Han | England | 37 years | May 2019 | - | Director |
| Mr Richard Neal | United Kingdom | 66 years | Jul 2020 | - | Director |
| Mr John Baines | 54 years | Nov 2023 | - | Director |
P&L
December 2023turnover
337.7k
+52%
operating profit
-282.9k
0%
gross margin
28.6%
+5.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
556k
+1.96%
total assets
579.4k
+1.97%
cash
497.7k
+3%
net assets
Total assets minus all liabilities
dragonfly insulation ltd company details
company number
12026868
Type
Private limited with Share Capital
industry
23430 - Manufacture of ceramic insulators and insulating fittings
23490 - Manufacture of other ceramic products
20130 - Manufacture of other inorganic basic chemicals
incorporation date
May 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
CLIVE OWEN LLP
auditor
-
address
9d marquis court, low prudhoe, prudhoe, northumberland, NE42 6PJ
Bank
-
Legal Advisor
-
dragonfly insulation 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 dragonfly insulation ltd.
dragonfly insulation 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.
Click to start generating capital raising & share issue transactions for DRAGONFLY INSULATION LTD. This can take several minutes, an email will notify you when this has completed.
dragonfly insulation ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
