Pomanda estimates the enterprise value of DRAKE JET LEASING 4 DESIGNATED ACTIVITY COMPANY at €20.1m based on a Turnover of €11.1m and 1.82x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of DRAKE JET LEASING 4 DESIGNATED ACTIVITY COMPANY at €59m based on an EBITDA of €14.4m and a 4.09x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of DRAKE JET LEASING 4 DESIGNATED ACTIVITY COMPANY at €6.9k based on Net Assets of €3.3k and 2.12x industry multiple (adjusted for liquidity).
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Drake Jet Leasing 4 Designated Activity Company is a live company, 662881 with a Companies House number of IE638991. It operates in the renting and leasing of air passenger transport equipment sector, SIC Code 77351. Founded in December 2018, it's largest shareholder is
drake asset management 2 designated activity company
with a 100% stake. Drake Jet Leasing 4 Designated Activity Company is a young,
mid sized company, Pomanda has estimated its turnover at
€11.1m with
declining
growth in recent years.
Drake Jet Leasing 4 Designated Activity Company Health Check
Pomanda's financial health check has awarded Drake Jet Leasing 4 Designated Activity Company a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
5 Regular
2 Weak
Size
annual sales of €11.1m, make it larger than the average company (€4m)
€11.1m - Drake Jet Leasing 4 Designated Activity Company
€4m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (-3.1%)
-9% - Drake Jet Leasing 4 Designated Activity Company
-3.1% - Industry AVG
Production
with a gross margin of 57.8%, this company has a comparable cost of product (67%)
57.8% - Drake Jet Leasing 4 Designated Activity Company
67% - Industry AVG
Profitability
an operating margin of 30.1% make it less profitable than the average company (42.7%)
30.1% - Drake Jet Leasing 4 Designated Activity Company
42.7% - Industry AVG
Employees
with 14 employees, this is above the industry average (3)
14 - Drake Jet Leasing 4 Designated Activity Company
3 - Industry AVG
Pay Structure
on an average salary of €153.2k, the company has an equivalent pay structure (€153.2k)
€153.2k - Drake Jet Leasing 4 Designated Activity Company
€153.2k - Industry AVG
Efficiency
resulting in sales per employee of €791.8k, this is equally as efficient (€808.3k)
€791.8k - Drake Jet Leasing 4 Designated Activity Company
€808.3k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (46 days)
48 days - Drake Jet Leasing 4 Designated Activity Company
46 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (22 days)
43 days - Drake Jet Leasing 4 Designated Activity Company
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Drake Jet Leasing 4 Designated Activity Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 28 weeks, this is more cash available to meet short term requirements (2 weeks)
28 weeks - Drake Jet Leasing 4 Designated Activity Company
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a similar level of debt than the average (99.4%)
100% - Drake Jet Leasing 4 Designated Activity Company
99.4% - Industry AVG
DRAKE JET LEASING 4 DESIGNATED ACTIVITY COMPANY financials
EXPORT
Drake Jet Leasing 4 Designated Activity Company's latest turnover from December 2023 is €11.1 million and the company has net assets of €3.3 thousand. According to their latest financial statements, we estimate that Drake Jet Leasing 4 Designated Activity Company has 14 employees and maintains cash reserves of €6.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Turnover
11,085,116
11,085,116
11,747,743
14,560,607
6,019,213
Other Income Or Grants
Cost Of Sales
4,683,493
4,683,493
4,986,031
6,135,775
2,536,469
Gross Profit
6,401,623
6,401,623
6,761,712
8,424,832
3,482,744
Admin Expenses
3,066,381
-5,225,829
-3,822,946
6,994,176
775,801
Operating Profit
3,335,242
11,627,452
10,584,658
1,430,656
2,706,943
Interest Payable
3,409,320
11,630,909
7,936,891
4,372,631
2,905,000
Interest Receivable
75,008
4,387
6,494
198,894
Pre-Tax Profit
930
930
2,647,767
-2,935,481
837
Tax
-233
-233
Profit After Tax
698
698
2,647,767
-2,935,481
837
Dividends Paid
Retained Profit
698
698
2,647,767
-2,935,481
837
Employee Costs
2,145,216
2,060,585
Number Of Employees
14
14
11
12
5
EBITDA*
14,436,388
22,728,598
22,382,392
7,566,431
5,243,412
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Tangible Assets
45,397,065
50,080,558
53,737,565
79,084,307
70,458,290
Intangible Assets
20,561,442
26,463,643
31,750,634
52,588,156
Investments & Other
2,835,806
4,528,907
50,385,026
Debtors (Due After 1 year)
Total Fixed Assets
68,794,313
81,073,109
85,488,200
131,672,464
120,843,317
Stock & work in progress
Trade Debtors
1,458,564
2,917,128
7,128,233
Group Debtors
12,390,135
8,429,033
2,713,807
Misc Debtors
17,400,160
17,454,131
17,118,005
12,605,449
Cash
6,056,812
2,914,621
3,395,164
5,223,849
3,192,886
misc current assets
6,247,636
6,882,833
6,811,706
8,353,089
6,906,170
total current assets
43,553,308
38,597,747
37,166,915
26,182,388
10,099,056
total assets
112,347,621
119,670,856
122,655,115
157,854,852
130,942,373
Bank overdraft
1
1
Bank loan
5,843,167
7,914,607
6,543,642
Trade Creditors
553,274
881,016
45,799
Group/Directors Accounts
3,240,162
2,797,232
1,204,841
1,794,930
other short term finances
5,954,783
5,954,783
109,326
452,886
hp & lease commitments
other current liabilities
1,458,564
1,458,564
7,603,204
680,454
1,032,539
total current liabilities
11,206,783
11,091,596
14,806,338
10,842,879
7,576,181
loans
101,137,580
108,576,700
107,846,949
149,946,440
91,189,320
hp & lease commitments
Accruals and Deferred Income
other liabilities
32,176,032
provisions
total long term liabilities
101,137,581
108,576,701
107,846,950
149,946,440
123,365,354
total liabilities
112,344,364
119,668,296
122,653,288
160,789,320
130,941,535
net assets
3,257
2,559
1,827
-2,934,467
838
total shareholders funds
3,257
2,559
1,827
-2,934,467
838
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Operating Activities
Operating Profit
3,335,242
11,627,452
10,584,658
1,430,656
2,706,943
Depreciation
4,683,493
4,683,493
4,986,031
6,135,775
2,536,469
Amortisation
6,417,653
6,417,653
6,811,703
Tax
-233
-233
Stock
Debtors
2,448,567
1,840,248
14,354,596
12,605,449
Creditors
-327,742
835,217
45,799
Accruals and Deferred Income
-6,144,640
6,922,750
-352,085
1,032,539
Deferred Taxes & Provisions
Cash flow from operations
11,659,846
15,578,694
14,996,345
-5,391,103
6,275,951
Investing Activities
capital expenditure
-515,452
-2,157,149
34,386,531
-67,349,949
-72,994,759
Change in Investments
-1,693,101
4,528,907
-50,385,026
50,385,026
cash flow from investments
1,177,649
-6,686,056
34,386,531
-16,964,923
-123,379,785
Financing Activities
Bank loans
-5,843,167
-2,071,440
1,370,965
6,543,642
Group/Directors Accounts
442,929
1,592,392
-590,089
1,794,930
Other Short Term Loans
5,845,457
-343,560
452,886
Long term loans
-7,439,120
729,751
-42,099,491
58,757,120
91,189,320
Hire Purchase and Lease Commitments
other long term liabilities
-32,176,032
32,176,032
share issue
35
288,527
176
1
interest
-3,334,312
-11,626,522
-7,936,891
-4,366,137
-2,706,106
cash flow from financing
-10,330,503
-9,302,054
-52,752,944
25,833,908
127,202,889
cash and cash equivalents
cash
3,142,190
-480,543
-1,828,685
2,030,963
3,192,886
overdraft
-1
1
change in cash
3,142,190
-480,542
-1,828,685
2,030,962
3,192,886
drake jet leasing 4 designated activity company 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 jet leasing 4 designated activity company. Get real-time insights into drake jet leasing 4 designated activity company's credit score, group structure and payment trends.
Drake Jet Leasing 4 Designated Activity Company Competitor Analysis
Perform a competitor analysis for drake jet leasing 4 designated activity company by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in Region Area area or any other competitors across 12 key performance metrics.
drake jet leasing 4 designated activity company Ownership
DRAKE JET LEASING 4 DESIGNATED ACTIVITY COMPANY group structure
Drake Jet Leasing 4 Designated Activity Company has no subsidiary companies.
DRAKE JET LEASING 4 DESIGNATED ACTIVITY COMPANY Shareholders
The sole shareholder of Drake Jet Leasing 4 Designated Activity Company is Drake Asset Management 2 Designated Activity Company.
drake asset management 2 designated activity company
100%
drake jet leasing 4 designated activity company directors
Drake Jet Leasing 4 Designated Activity Company currently has 5 directors.
The longest serving directors include
SEAN O' SULLIVAN (Dec 2018) and
Samuel Maguire (Aug 2022).
drake jet leasing 4 designated activity company 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 drake jet leasing 4 designated activity company.
drake jet leasing 4 designated activity company 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 DRAKE JET LEASING 4 DESIGNATED ACTIVITY COMPANY. This can take several minutes, an email will notify you when this has completed.
drake jet leasing 4 designated activity companyCompanies House Filings - See Documents
