2 corbally south, cummer, tuam co galway, tuamgalway, 678405
Website
-
decourcey developments limitedEstimated Valuation
€79.4k
Pomanda estimates the enterprise value of DECOURCEY DEVELOPMENTS LIMITED at €79.4k based on a Turnover of €161.6k and 0.49x industry multiple (adjusted for size and gross margin).
decourcey developments limitedEstimated Valuation
€1.5m
Pomanda estimates the enterprise value of DECOURCEY DEVELOPMENTS LIMITED at €1.5m based on an EBITDA of €396.7k and a 3.75x industry multiple (adjusted for size and gross margin).
decourcey developments limitedEstimated Valuation
€327.5k
Pomanda estimates the enterprise value of DECOURCEY DEVELOPMENTS LIMITED at €327.5k based on Net Assets of €236.3k and 1.39x industry multiple (adjusted for liquidity).
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Decourcey Developments LimitedOverview
Decourcey Developments Limited is a live company located in tuam co galway, 678405 with a Companies House number of IE636420. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2018, it's largest shareholder is
corbally capital holdings ltd
with a 100% stake. Decourcey Developments Limited is a young,
micro sized company, Pomanda has estimated its turnover at
€161.6k with
declining
growth in recent years.
Pomanda's financial health check has awarded Decourcey Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of €161.6k, make it smaller than the average company (€2.5m)
€161.6k - Decourcey Developments Limited
€2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (4.8%)
-15% - Decourcey Developments Limited
4.8% - Industry AVG
Production
with a gross margin of 27.2%, this company has a comparable cost of product (27.2%)
27.2% - Decourcey Developments Limited
27.2% - Industry AVG
Profitability
an operating margin of 234.8% make it more profitable than the average company (6.9%)
234.8% - Decourcey Developments Limited
6.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Decourcey Developments Limited
7 - Industry AVG
Pay Structure
on an average salary of €48.2k, the company has an equivalent pay structure (€48.2k)
€48.2k - Decourcey Developments Limited
€48.2k - Industry AVG
Efficiency
resulting in sales per employee of €80.8k, this is less efficient (€289.8k)
€80.8k - Decourcey Developments Limited
€289.8k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (28 days)
13 days - Decourcey Developments Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (31 days)
24 days - Decourcey Developments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Decourcey Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Decourcey Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.1%, this is a higher level of debt than the average (73.7%)
87.1% - Decourcey Developments Limited
73.7% - Industry AVG
DECOURCEY DEVELOPMENTS LIMITED financials
EXPORT
Decourcey Developments Limited's latest turnover from December 2023 is estimated at €161.6 thousand and the company has net assets of €236.3 thousand. According to their latest financial statements, Decourcey Developments Limited has 2 employees and maintains cash reserves of €2.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Turnover
161,624
297,848
603,081
266,503
165,209
Other Income Or Grants
Cost Of Sales
117,675
218,509
451,402
196,185
120,137
Gross Profit
43,949
79,339
151,679
70,319
45,072
Admin Expenses
-335,593
19,632
151,735
70,434
45,891
Operating Profit
379,542
59,707
-56
-115
-819
Interest Payable
14,707
100,382
Interest Receivable
51
399
56
115
819
Pre-Tax Profit
288,033
Tax
-51,846
Profit After Tax
236,187
Dividends Paid
Retained Profit
236,187
Employee Costs
96,310
92,206
90,250
88,767
86,915
Number Of Employees
2
2
2
2
2
EBITDA*
396,698
72,488
-56
-115
-819
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Tangible Assets
107,312
89,468
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
107,312
89,468
Stock & work in progress
513,212
496,854
34,252
Trade Debtors
6,089
4,036
Group Debtors
4,115
Misc Debtors
1,626,026
2,050,544
6,083
27,945
4,223
Cash
2,910
1,603
33,870
10,985
218,394
misc current assets
85,656
25,620
total current assets
1,720,681
2,081,803
553,165
535,784
260,984
total assets
1,827,993
2,171,271
553,165
535,784
260,984
Bank overdraft
Bank loan
712,514
1,402,066
Trade Creditors
7,772
45,025
11,925
4,852
Group/Directors Accounts
536,773
666,116
544,915
520,684
254,532
other short term finances
hp & lease commitments
other current liabilities
284,631
2,920
8,150
3,075
1,500
total current liabilities
1,541,690
2,116,127
553,065
535,684
260,884
loans
50,016
55,044
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
50,016
55,044
total liabilities
1,591,706
2,171,171
553,065
535,684
260,884
net assets
236,287
100
100
100
100
total shareholders funds
236,287
100
100
100
100
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Operating Activities
Operating Profit
379,542
59,707
-56
-115
-819
Depreciation
17,156
12,781
Amortisation
Tax
-51,846
Stock
-513,212
16,358
462,602
34,252
Debtors
-422,465
2,048,497
-21,862
19,607
8,338
Creditors
-37,253
45,025
-11,925
7,073
4,852
Accruals and Deferred Income
281,711
-5,230
5,075
1,575
1,500
Deferred Taxes & Provisions
Cash flow from operations
1,011,775
-1,423,002
-1,402
-473,676
-37,057
Investing Activities
capital expenditure
-35,000
-102,249
Change in Investments
cash flow from investments
-35,000
-102,249
Financing Activities
Bank loans
-689,552
1,402,066
Group/Directors Accounts
-129,343
121,201
24,231
266,152
254,532
Other Short Term Loans
Long term loans
-5,028
55,044
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-14,656
-99,983
56
115
819
cash flow from financing
-838,579
1,478,328
24,287
266,267
255,451
cash and cash equivalents
cash
1,307
-32,267
22,885
-207,409
218,394
overdraft
change in cash
1,307
-32,267
22,885
-207,409
218,394
decourcey developments 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 decourcey developments limited. Get real-time insights into decourcey developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for decourcey developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in Region Area area or any other competitors across 12 key performance metrics.
decourcey developments limited Ownership
DECOURCEY DEVELOPMENTS LIMITED group structure
Decourcey Developments Limited has no subsidiary companies.
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 decourcey developments limited.
decourcey developments limited Capital Raised & Share Issues BETA
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decourcey developments limitedCompanies House Filings - See Documents
