duckworth holdings limited
duckworth holdings limited Company Information
Company Number
13504452
Website
duckworth.co.ukRegistered Address
racecourse garage, willingham road, market rasen, LN8 3RE
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
benjamin james duckworth 48%
martin james duckworth 26.6%
View Allduckworth holdings limited Estimated Valuation
Pomanda estimates the enterprise value of DUCKWORTH HOLDINGS LIMITED at £205.7m based on a Turnover of £118.3m and 1.74x industry multiple (adjusted for size and gross margin).
duckworth holdings limited Estimated Valuation
Pomanda estimates the enterprise value of DUCKWORTH HOLDINGS LIMITED at £29.3m based on an EBITDA of £4.4m and a 6.66x industry multiple (adjusted for size and gross margin).
duckworth holdings limited Estimated Valuation
Pomanda estimates the enterprise value of DUCKWORTH HOLDINGS LIMITED at £20.1m based on Net Assets of £10.8m and 1.86x industry multiple (adjusted for liquidity).
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Duckworth Holdings Limited Overview
Duckworth Holdings Limited is a live company located in market rasen, LN8 3RE with a Companies House number of 13504452. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2021, it's largest shareholder is benjamin james duckworth with a 48% stake. Duckworth Holdings Limited is a startup, mega sized company, Pomanda has estimated its turnover at £118.3m with unknown growth in recent years.
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Duckworth Holdings Limited Health Check
Pomanda's financial health check has awarded Duckworth Holdings Limited a 4 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
1 Regular
4 Weak
Size
annual sales of £94.7m, make it larger than the average company (£18.7m)
£94.7m - Duckworth Holdings Limited
£18.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Duckworth Holdings Limited
- - Industry AVG
Production
with a gross margin of 10.9%, this company has a higher cost of product (34.9%)
10.9% - Duckworth Holdings Limited
34.9% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (4.6%)
2.9% - Duckworth Holdings Limited
4.6% - Industry AVG
Employees
with 140 employees, this is above the industry average (106)
140 - Duckworth Holdings Limited
106 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has a lower pay structure (£42.8k)
£32.6k - Duckworth Holdings Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £676.7k, this is more efficient (£184.9k)
£676.7k - Duckworth Holdings Limited
£184.9k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (45 days)
14 days - Duckworth Holdings Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (45 days)
70 days - Duckworth Holdings Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 54 days, this is more than average (39 days)
54 days - Duckworth Holdings Limited
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (14 weeks)
5 weeks - Duckworth Holdings Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.9%, this is a similar level of debt than the average (69.4%)
65.9% - Duckworth Holdings Limited
69.4% - Industry AVG
DUCKWORTH HOLDINGS LIMITED financials
Duckworth Holdings Limited's latest turnover from December 2023 is £118.3 million and the company has net assets of £10.8 million. According to their latest financial statements, Duckworth Holdings Limited has 142 employees and maintains cash reserves of £2.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Jul 2023 | Jul 2022 | |
|---|---|---|---|
| Turnover | 118,305,925 | 94,732,194 | |
| Other Income Or Grants | 0 | 0 | |
| Cost Of Sales | 105,632,994 | 84,366,665 | |
| Gross Profit | 12,672,931 | 10,365,529 | |
| Admin Expenses | 8,884,090 | 7,572,227 | |
| Operating Profit | 3,788,841 | 2,793,302 | |
| Interest Payable | 509,688 | 253,058 | |
| Interest Receivable | 0 | 0 | |
| Pre-Tax Profit | 3,279,153 | 2,540,244 | |
| Tax | -849,197 | -583,026 | |
| Profit After Tax | 2,429,956 | 1,957,218 | |
| Dividends Paid | 811,000 | 386,000 | |
| Retained Profit | 1,618,956 | 1,571,218 | |
| Employee Costs | 5,533,864 | 4,569,687 | |
| Number Of Employees | 142 | 140 | |
| EBITDA* | 4,392,784 | 3,393,794 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Jul 2023 | Jul 2022 | |
|---|---|---|---|
| Tangible Assets | 7,427,358 | 7,429,508 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 7,427,358 | 7,429,508 | 0 |
| Stock & work in progress | 14,802,898 | 12,558,377 | 0 |
| Trade Debtors | 3,392,429 | 3,806,708 | 1 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 1,459,369 | 1,387,949 | 0 |
| Cash | 2,838,557 | 1,678,948 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 22,493,253 | 19,431,982 | 1 |
| total assets | 29,920,611 | 26,861,490 | 1 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 17,378,561 | 16,401,618 | 0 |
| Group/Directors Accounts | 521,058 | 239,358 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 625 | 0 |
| other current liabilities | 957,885 | 806,107 | 0 |
| total current liabilities | 18,857,504 | 17,447,708 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 294,618 | 264,249 | 0 |
| total long term liabilities | 294,618 | 264,249 | 0 |
| total liabilities | 19,152,122 | 17,711,957 | 0 |
| net assets | 10,768,489 | 9,149,533 | 1 |
| total shareholders funds | 10,768,489 | 9,149,533 | 1 |
| Dec 2023 | Jul 2023 | Jul 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 3,788,841 | 2,793,302 | |
| Depreciation | 603,943 | 600,492 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | -849,197 | -583,026 | |
| Stock | 14,802,898 | 12,558,377 | 0 |
| Debtors | 4,851,797 | 5,194,656 | 1 |
| Creditors | 17,378,561 | 16,401,618 | 0 |
| Accruals and Deferred Income | 957,885 | 806,107 | 0 |
| Deferred Taxes & Provisions | 294,618 | 264,249 | 0 |
| Cash flow from operations | 2,519,956 | 2,529,709 | |
| Investing Activities | |||
| capital expenditure | 0 | 0 | |
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | |
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 521,058 | 239,358 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 625 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | -509,688 | -253,058 | |
| cash flow from financing | 9,160,902 | 7,565,239 | |
| cash and cash equivalents | |||
| cash | 2,838,557 | 1,678,948 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 2,838,557 | 1,678,948 | 0 |
duckworth holdings limited Credit Report and Business Information
Duckworth Holdings Limited Competitor Analysis
Perform a competitor analysis for duckworth holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in LN8 area or any other competitors across 12 key performance metrics.
duckworth holdings limited Ownership
DUCKWORTH HOLDINGS LIMITED group structure
Duckworth Holdings Limited has no subsidiary companies.
Ultimate parent company
DUCKWORTH HOLDINGS LIMITED
13504452
duckworth holdings limited directors
Duckworth Holdings Limited currently has 4 directors. The longest serving directors include Mr Benjamin Duckworth (Jul 2021) and Mr Martin Duckworth (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Benjamin Duckworth | England | 47 years | Jul 2021 | - | Director |
| Mr Martin Duckworth | England | 78 years | Jul 2021 | - | Director |
| Mrs Sally Duckworth | England | 75 years | Jul 2021 | - | Director |
| Mr Nicholas Swainson | England | 51 years | Feb 2023 | - | Director |
P&L
December 2023turnover
118.3m
0%
operating profit
3.8m
0%
gross margin
10.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
10.8m
+10768488%
total assets
29.9m
+29920610%
cash
2.8m
0%
net assets
Total assets minus all liabilities
Similar Companies
duckworth holdings limited company details
company number
13504452
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2021
age
3
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ARMSTRONG WATSON AUDIT LIMITED
address
racecourse garage, willingham road, market rasen, LN8 3RE
Bank
-
Legal Advisor
-
duckworth holdings limited 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 2 charges/mortgages relating to duckworth holdings limited. Currently there are 2 open charges and 0 have been satisfied in the past.
duckworth holdings limited Companies House Filings - See Documents
| date | description | view/download |
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