Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
109 carbery avenue, bournemouth, BH6 3LP
Website
-
drake's estates limitedEstimated Valuation
£456.6k
Pomanda estimates the enterprise value of DRAKE'S ESTATES LIMITED at £456.6k based on a Turnover of £197.2k and 2.32x industry multiple (adjusted for size and gross margin).
drake's estates limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of DRAKE'S ESTATES LIMITED at £0 based on an EBITDA of £-221 and a 4.51x industry multiple (adjusted for size and gross margin).
drake's estates limitedEstimated Valuation
£202.5k
Pomanda estimates the enterprise value of DRAKE'S ESTATES LIMITED at £202.5k based on Net Assets of £120.3k and 1.68x industry multiple (adjusted for liquidity).
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Drake's Estates LimitedOverview
Drake's Estates Limited is a live company located in bournemouth, BH6 3LP with a Companies House number of 13520382. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2021, it's largest shareholder is
adam drake
with a 100% stake. Drake's Estates Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£197.2k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Drake'S Estates Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
5 Weak
Size
annual sales of £197.2k, make it smaller than the average company (£962.2k)
£197.2k - Drake's Estates Limited
£962.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Drake's Estates Limited
- - Industry AVG
Production
with a gross margin of 31.1%, this company has a higher cost of product (72.6%)
31.1% - Drake's Estates Limited
72.6% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (28.2%)
-0.1% - Drake's Estates Limited
28.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Drake's Estates Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)
£33.8k - Drake's Estates Limited
£33.8k - Industry AVG
Efficiency
resulting in sales per employee of £197.2k, this is equally as efficient (£190.2k)
£197.2k - Drake's Estates Limited
£190.2k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (31 days)
38 days - Drake's Estates Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 931 days, this is slower than average (36 days)
931 days - Drake's Estates Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Drake's Estates Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Drake's Estates Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.3%, this is a similar level of debt than the average (69.4%)
74.3% - Drake's Estates Limited
69.4% - Industry AVG
DRAKE'S ESTATES LIMITED financials
EXPORT
Drake'S Estates Limited's latest turnover from July 2024 is estimated at £197.2 thousand and the company has net assets of £120.3 thousand. According to their latest financial statements, we estimate that Drake'S Estates Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Turnover
197,197
133,175
214,290
Other Income Or Grants
Cost Of Sales
135,883
93,492
153,798
Gross Profit
61,314
39,683
60,492
Admin Expenses
61,535
30,723
-80,025
Operating Profit
-221
8,960
140,517
Interest Payable
Interest Receivable
Pre-Tax Profit
-221
8,960
140,517
Tax
-2,240
-26,698
Profit After Tax
-221
6,720
113,819
Dividends Paid
Retained Profit
-221
6,720
113,819
Employee Costs
33,754
31,195
30,374
Number Of Employees
1
1
1
EBITDA*
-221
8,960
140,517
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Tangible Assets
446,800
456,200
215,600
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
446,800
456,200
215,600
Stock & work in progress
Trade Debtors
20,869
8,850
62,317
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
20,869
8,850
62,317
total assets
467,669
465,050
277,917
Bank overdraft
Bank loan
Trade Creditors
346,783
344,511
164,098
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
346,783
344,511
164,098
loans
hp & lease commitments
Accruals and Deferred Income
568
other liabilities
provisions
total long term liabilities
568
total liabilities
347,351
344,511
164,098
net assets
120,318
120,539
113,819
total shareholders funds
120,318
120,539
113,819
Jul 2024
Jul 2023
Jul 2022
Operating Activities
Operating Profit
-221
8,960
140,517
Depreciation
Amortisation
Tax
-2,240
-26,698
Stock
Debtors
12,019
-53,467
62,317
Creditors
2,272
180,413
164,098
Accruals and Deferred Income
568
Deferred Taxes & Provisions
Cash flow from operations
-9,400
240,600
215,600
Investing Activities
capital expenditure
9,400
-240,600
-215,600
Change in Investments
cash flow from investments
9,400
-240,600
-215,600
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
overdraft
change in cash
drake's estates 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 drake's estates limited. Get real-time insights into drake's estates limited's credit score, group structure and payment trends.
Perform a competitor analysis for drake's estates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BH6 area or any other competitors across 12 key performance metrics.
drake's estates limited Ownership
DRAKE'S ESTATES LIMITED group structure
Drake'S Estates Limited has no subsidiary companies.
Ultimate parent company
DRAKE'S ESTATES LIMITED
13520382
DRAKE'S ESTATES LIMITED Shareholders
The sole shareholder of Drake'S Estates Limited is Adam Drake.
adam drake
100%
drake's estates limited directors
Drake'S Estates Limited currently has 1 director, Mr Adam Drake serving since Jul 2021.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024
net assets
120.3k
0%
total assets
467.7k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
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Similar companies unavailable for this selection
drake's estates limited company details
company number
13520382
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
July 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
July 2024
previous names
N/A
accountant
-
auditor
-
address
109 carbery avenue, bournemouth, BH6 3LP
Bank
-
Legal Advisor
-
drake's estates 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 drake's estates limited. Currently there are 2 open charges and 0 have been satisfied in the past.
drake's estates 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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drake's estates limitedCompanies House Filings - See Documents
