dcg it ltd
dcg it ltd Company Information
Company Number
13137996
Website
-Registered Address
3rd floor eastgate, castle street, castlefield, manchester, M3 4LZ
Industry
Computer consultancy activities
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
jonathan fisher 32.7%
ikenna ahize adilih 32.7%
View Alldcg it ltd Estimated Valuation
Pomanda estimates the enterprise value of DCG IT LTD at £1.4m based on a Turnover of £2.7m and 0.52x industry multiple (adjusted for size and gross margin).
dcg it ltd Estimated Valuation
Pomanda estimates the enterprise value of DCG IT LTD at £0 based on an EBITDA of £-105.9k and a 4.36x industry multiple (adjusted for size and gross margin).
dcg it ltd Estimated Valuation
Pomanda estimates the enterprise value of DCG IT LTD at £1m based on Net Assets of £453.1k and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Dcg It Ltd Overview
Dcg It Ltd is a live company located in castlefield, M3 4LZ with a Companies House number of 13137996. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in January 2021, it's largest shareholder is jonathan fisher with a 32.7% stake. Dcg It Ltd is a startup, small sized company, Pomanda has estimated its turnover at £2.7m with unknown growth in recent years.
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Dcg It Ltd Health Check
Pomanda's financial health check has awarded Dcg It Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £2.7m, make it in line with the average company (£2.7m)
- Dcg It Ltd
£2.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Dcg It Ltd
- - Industry AVG
Production
with a gross margin of 42.8%, this company has a comparable cost of product (42.8%)
- Dcg It Ltd
42.8% - Industry AVG
Profitability
an operating margin of -3.9% make it less profitable than the average company (6.8%)
- Dcg It Ltd
6.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (15)
3 - Dcg It Ltd
15 - Industry AVG
Pay Structure
on an average salary of £48.8k, the company has an equivalent pay structure (£48.8k)
- Dcg It Ltd
£48.8k - Industry AVG
Efficiency
resulting in sales per employee of £894.4k, this is more efficient (£134.4k)
- Dcg It Ltd
£134.4k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (59 days)
- Dcg It Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 97 days, this is slower than average (21 days)
- Dcg It Ltd
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Dcg It Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (19 weeks)
11 weeks - Dcg It Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.3%, this is a higher level of debt than the average (59.8%)
66.3% - Dcg It Ltd
59.8% - Industry AVG
DCG IT LTD financials
Dcg It Ltd's latest turnover from September 2023 is estimated at £2.7 million and the company has net assets of £453.1 thousand. According to their latest financial statements, Dcg It Ltd has 3 employees and maintains cash reserves of £194.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| 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
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 606,758 | 569,502 | 62,976 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 542,459 | 513,698 | 102,748 |
| Cash | 194,848 | 127,261 | 65,063 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,344,065 | 1,210,461 | 230,787 |
| total assets | 1,344,065 | 1,210,461 | 230,787 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 411,297 | 523,247 | 54,149 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 479,718 | 136,631 | 174,952 |
| total current liabilities | 891,015 | 659,878 | 229,101 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 891,015 | 659,878 | 229,101 |
| net assets | 453,050 | 550,583 | 1,686 |
| total shareholders funds | 453,050 | 550,583 | 1,686 |
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 66,017 | 917,476 | 165,724 |
| Creditors | -111,950 | 469,098 | 54,149 |
| Accruals and Deferred Income | 343,087 | -38,321 | 174,952 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 67,587 | 62,198 | 65,063 |
| overdraft | 0 | 0 | 0 |
| change in cash | 67,587 | 62,198 | 65,063 |
dcg it ltd Credit Report and Business Information
Dcg It Ltd Competitor Analysis
Perform a competitor analysis for dcg it ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in M 3 area or any other competitors across 12 key performance metrics.
dcg it ltd Ownership
DCG IT LTD group structure
Dcg It Ltd has no subsidiary companies.
Ultimate parent company
DCG IT LTD
13137996
dcg it ltd directors
Dcg It Ltd currently has 3 directors. The longest serving directors include Mr Jonathan Fisher (Jan 2021) and Mr Ikenna Adilih (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Fisher | United Kingdom | 39 years | Jan 2021 | - | Director |
| Mr Ikenna Adilih | United Kingdom | 46 years | Jan 2021 | - | Director |
| Mr Robin Hirons | United Kingdom | 37 years | Jan 2021 | - | Director |
P&L
September 2023turnover
2.7m
+8%
operating profit
-105.9k
0%
gross margin
42.9%
-1.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
453.1k
-0.18%
total assets
1.3m
+0.11%
cash
194.8k
+0.53%
net assets
Total assets minus all liabilities
Similar Companies
dcg it ltd company details
company number
13137996
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
62020 - Computer consultancy activities
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
January 2021
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
digitize it group ltd (February 2021)
accountant
TREE ACCOUNTANCY LIMITED
auditor
-
address
3rd floor eastgate, castle street, castlefield, manchester, M3 4LZ
Bank
-
Legal Advisor
-
dcg it 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 dcg it ltd.
dcg it ltd Companies House Filings - See Documents
| date | description | view/download |
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