decora blind systems limited

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decora blind systems limited Company Information

Share DECORA BLIND SYSTEMS LIMITED

Company Number

NI014427

Shareholders

mzuri holdings ltd

Group Structure

View All

Industry

Other manufacturing n.e.c.

 

Registered Address

1 ferguson drive, lisburn, northern ireland, BT28 2FL

decora blind systems limited Estimated Valuation

£138.8m

Pomanda estimates the enterprise value of DECORA BLIND SYSTEMS LIMITED at £138.8m based on a Turnover of £103.3m and 1.34x industry multiple (adjusted for size and gross margin).

decora blind systems limited Estimated Valuation

£96.1m

Pomanda estimates the enterprise value of DECORA BLIND SYSTEMS LIMITED at £96.1m based on an EBITDA of £10.7m and a 9x industry multiple (adjusted for size and gross margin).

decora blind systems limited Estimated Valuation

£73.5m

Pomanda estimates the enterprise value of DECORA BLIND SYSTEMS LIMITED at £73.5m based on Net Assets of £34.3m and 2.14x industry multiple (adjusted for liquidity).

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Decora Blind Systems Limited Overview

Decora Blind Systems Limited is a live company located in northern ireland, BT28 2FL with a Companies House number of NI014427. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in July 1980, it's largest shareholder is mzuri holdings ltd with a 100% stake. Decora Blind Systems Limited is a mature, mega sized company, Pomanda has estimated its turnover at £103.3m with healthy growth in recent years.

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Decora Blind Systems Limited Health Check

Pomanda's financial health check has awarded Decora Blind Systems Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £103.3m, make it larger than the average company (£14.1m)

£103.3m - Decora Blind Systems Limited

£14.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (6.3%)

5% - Decora Blind Systems Limited

6.3% - Industry AVG

production

Production

with a gross margin of 25.2%, this company has a comparable cost of product (30.2%)

25.2% - Decora Blind Systems Limited

30.2% - Industry AVG

profitability

Profitability

an operating margin of 9.1% make it more profitable than the average company (6.4%)

9.1% - Decora Blind Systems Limited

6.4% - Industry AVG

employees

Employees

with 867 employees, this is above the industry average (70)

867 - Decora Blind Systems Limited

70 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.2k, the company has a lower pay structure (£42.9k)

£29.2k - Decora Blind Systems Limited

£42.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £119.2k, this is less efficient (£185.7k)

£119.2k - Decora Blind Systems Limited

£185.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is earlier than average (53 days)

30 days - Decora Blind Systems Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (40 days)

18 days - Decora Blind Systems Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 64 days, this is in line with average (68 days)

64 days - Decora Blind Systems Limited

68 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (12 weeks)

32 weeks - Decora Blind Systems Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 32.2%, this is a lower level of debt than the average (47.7%)

32.2% - Decora Blind Systems Limited

47.7% - Industry AVG

DECORA BLIND SYSTEMS LIMITED financials

EXPORTms excel logo

Decora Blind Systems Limited's latest turnover from December 2023 is £103.3 million and the company has net assets of £34.3 million. According to their latest financial statements, Decora Blind Systems Limited has 867 employees and maintains cash reserves of £9.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover103,346,560105,035,118117,193,63088,180,67872,727,70469,638,74058,826,55846,756,10939,159,90532,481,83429,669,52727,134,58323,169,62316,852,638
Other Income Or Grants
Cost Of Sales77,352,41183,028,12191,554,48969,462,93050,510,75149,577,60441,335,14432,895,91226,773,18722,373,48421,331,34619,163,68915,251,08410,427,795
Gross Profit25,994,14922,006,99725,639,14118,717,74822,216,95320,061,13617,491,41413,860,19712,386,71810,108,3508,338,1817,970,8947,918,5396,424,843
Admin Expenses16,567,92715,987,05915,581,62410,570,59323,674,09718,134,46514,602,63113,498,10810,442,8458,937,4887,717,9606,831,4046,407,6916,847,4975,699,291
Operating Profit9,426,2226,019,93810,057,5178,147,155-23,674,0974,082,4885,458,5053,993,3063,417,3523,449,2302,390,3901,506,7771,563,2031,071,042725,552
Interest Payable6,4637,57018,93415,31245,80729,89330,41940,89239,72846,04057,48354,19172,00667,710101,551
Interest Receivable2,64117,2884,8112,1151,1358,3401,4453,030757188270
Pre-Tax Profit10,037,4325,162,16610,038,5838,134,484-23,702,6164,057,4065,430,2013,953,5493,385,9643,404,6352,335,9371,453,3431,491,2151,003,340462,378
Tax-1,915,717-287,630-1,548,648-1,561,220-810,678-1,033,952-815,142-707,336-599,537-528,507-293,846-433,576-298,811-170,523
Profit After Tax8,121,7154,874,5368,489,9356,573,264-23,702,6163,246,7284,396,2493,138,4072,678,6282,805,0981,807,4301,159,4971,057,639704,529291,855
Dividends Paid3,989,9162,171,0599,060,0006,682,721674,667593,999531,330445,000330,000333,00071,000150,000100,000100,000
Retained Profit4,131,7992,703,477-570,065-109,457-23,702,6162,572,0613,802,2502,607,0772,233,6282,475,0981,474,4301,088,497907,639604,529191,855
Employee Costs25,326,65925,207,32427,666,12022,772,75817,785,41315,354,89812,928,38810,182,6458,855,0407,439,9027,125,9786,431,1495,512,9594,443,288
Number Of Employees8679111,0881,021792771631321441388379330268198
EBITDA*10,684,1767,358,67311,350,0079,122,495-22,955,4074,681,7555,949,6134,380,1363,709,3573,698,8232,593,6351,735,0071,893,0961,396,3371,094,528

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets6,993,8436,926,1467,936,9517,834,6246,482,4616,286,8205,917,4026,041,7815,569,4735,645,0105,616,0455,640,4375,911,9206,029,771
Intangible Assets
Investments & Other99993798
Debtors (Due After 1 year)
Total Fixed Assets6,993,8526,926,1557,936,9607,834,63336,483,2596,286,8205,917,4026,041,7815,569,4735,645,0105,616,0455,640,4375,911,9206,029,771
Stock & work in progress13,735,05116,399,72719,476,94614,319,75512,576,8489,423,54710,009,5288,754,0205,653,0066,129,7854,756,0893,960,4394,730,8244,474,562
Trade Debtors8,613,0359,422,2679,250,88111,306,9248,589,0157,869,8937,679,1596,520,7455,689,0114,826,5104,995,2474,088,9143,729,3962,577,297
Group Debtors10,022,4868,441,1763,870,0353,288,951
Misc Debtors1,689,4942,625,6092,256,970702,9032,571,5121,787,4931,568,188448,820383,091102,82896,671144,647345,456234,493
Cash9,585,7725,042,3245,476,8138,211,9844,610,2585,979,3592,056,5471,475,4022,880,802787,228863,608865,360691,721507,626
misc current assets
total current assets43,645,83841,931,10340,331,64537,830,51728,347,63325,060,29221,313,42217,198,98714,605,91011,846,35110,711,6159,059,3609,497,3977,793,978
total assets50,639,69048,857,25848,268,60545,665,150334,830,89231,347,11227,230,82423,240,76820,175,38317,491,36116,327,66014,699,79715,409,31713,823,749
Bank overdraft895,641126,783188,467839,921474,141
Bank loan8,65949,957914,5811,331,125668,824694,169722,823431,996430,915443,712421,911429,909
Trade Creditors 4,022,6626,123,2214,969,4556,667,1793,805,0823,759,1473,594,4633,508,8842,796,5852,462,4081,673,4212,131,3523,317,5582,159,106
Group/Directors Accounts746,3711,026,6483,149,976388,44426,93732,719
other short term finances16,03039,60016,16728,30877,649
hp & lease commitments87,50080,20880,20827,514155,838181,22282,389104,81246,4064,23112,710
other current liabilities10,646,6799,947,65711,597,8749,022,4995,235,0364,732,0804,473,8912,743,5342,499,7522,652,1883,477,1061,762,5511,125,4371,197,995
total current liabilities15,503,21217,186,39319,847,47017,020,21710,543,1119,380,8738,861,0797,108,3616,238,3845,673,3755,581,4424,603,7315,735,9954,306,580
loans232,529850,2028,65950,63010,089157,087477,143794,7351,014,1731,442,8211,844,8662,256,5972,714,8953,136,564
hp & lease commitments36,458131,250218,761142,849298,677122,366161,00157,4833,88031,622
Accruals and Deferred Income25,548
other liabilities247,484254,888262,292269,696
provisions301,225247,542447,917271,036101,16161,585109,980109,8778,27217,377
total long term liabilities817,6961,483,882937,629591,362279,647517,349709,4891,065,6131,079,9281,460,1981,844,8662,256,5972,718,7753,168,186
total liabilities16,320,90818,670,27520,785,09917,611,57910,822,7589,898,2229,570,5688,173,9747,318,3127,133,5737,426,3086,860,3288,454,7707,474,766
net assets34,318,78230,186,98327,483,50628,053,571324,008,13421,448,89017,660,25615,066,79412,857,07110,357,7888,901,3527,839,4696,954,5476,348,983
total shareholders funds34,318,78230,186,98327,483,50628,053,571324,008,13421,448,89017,660,25615,066,79412,857,07110,357,7888,901,3527,839,4696,954,5476,348,983
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit9,426,2226,019,93810,057,5178,147,155-23,674,0974,082,4885,458,5053,993,3063,417,3523,449,2302,390,3901,506,7771,563,2031,071,042725,552
Depreciation1,257,9541,338,7351,292,490975,340718,690599,267491,108386,830292,005249,593203,245228,230329,893325,295368,976
Amortisation
Tax-1,915,717-287,630-1,548,648-1,561,220-810,678-1,033,952-815,142-707,336-599,537-528,507-293,846-433,576-298,811-170,523
Stock-2,664,676-3,077,2195,157,19114,319,755-12,576,8483,153,301-585,9811,255,5083,101,014-476,7791,373,696795,650-770,385256,2624,474,562
Debtors-164,0375,111,16679,10815,298,778-11,160,5271,503,141410,0392,277,782897,4631,142,764-162,580858,357158,7091,263,0622,811,790
Creditors-2,100,5591,153,766-1,697,7246,667,179-3,805,08245,935164,68485,579712,299334,177788,987-457,931-1,186,2061,158,4522,159,106
Accruals and Deferred Income699,022-1,650,2172,575,3759,022,499-5,260,584528,504258,1891,730,357243,782-152,436-824,9181,714,555637,114-72,5581,197,995
Deferred Taxes & Provisions53,683-200,375176,881271,036-101,16139,576-48,395103101,605-9,10517,377
Cash flow from operations10,249,3184,340,2705,619,592-6,096,544-8,384,859-171,3505,466,0811,847,74361,2302,605,937835,4581,043,7781,522,104664,096-3,005,246
Investing Activities
capital expenditure-1,325,651-327,930-1,394,817-8,809,9645,763,771-836,285-420,485-262,451-762,813-174,056-232,210-203,839-83,123-190,159-167,083
Change in Investments6-795798
cash flow from investments-1,325,651-327,930-1,394,817-8,809,9705,764,566-837,083-420,485-262,451-762,813-174,056-232,210-203,839-83,123-190,159-167,083
Financing Activities
Bank loans-8,659-41,298-864,624914,581-1,331,125662,301-25,345-28,654722,823-431,9961,081-12,79721,801-7,998429,909
Group/Directors Accounts-280,277-2,123,3282,761,532388,444-26,937-5,78232,719
Other Short Term Loans -16,030-23,57023,433-12,14128,308-77,64977,649
Long term loans-617,673841,543-41,97150,630-10,089-146,998-320,056-317,592-219,438-428,648-402,045-411,731-458,298-421,6693,136,564
Hire Purchase and Lease Commitments-87,500-87,511271,45527,514-298,687-181,212275,144-61,058161,924103,889-8,111-36,22144,332
other long term liabilities-7,404-7,404-7,404269,696
share issue28,163,025-305,515-12,817-13,616-13,615-23,90524,185-17,994-26,614-22,7171,0356,157,128
interest-6,463-7,570-18,934-12,671-28,519-25,082-28,304-39,757-31,388-44,595-54,453-53,434-71,988-67,702-101,281
cash flow from financing-1,007,976-1,425,5682,100,05429,801,219-1,989,965272,622-88,744-472,817638,324-777,165-473,411-582,225-488,601-538,3379,699,371
cash and cash equivalents
cash4,543,448-434,489-2,735,1718,211,984-4,610,258-1,369,1013,922,812581,145-1,405,4002,093,574-76,380-1,752173,639184,095507,626
overdraft-895,641768,858126,783-188,467-651,454365,780474,141
change in cash4,543,448-434,489-2,735,1718,211,984-4,610,258-1,369,1013,922,812581,145-509,7591,324,716-203,163186,715825,093-181,68533,485

decora blind systems limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Decora Blind Systems Limited Competitor Analysis

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Perform a competitor analysis for decora blind systems limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in BT28 area or any other competitors across 12 key performance metrics.

decora blind systems limited Ownership

DECORA BLIND SYSTEMS LIMITED group structure

Decora Blind Systems Limited has 1 subsidiary company.

Ultimate parent company

1 parent

DECORA BLIND SYSTEMS LIMITED

NI014427

1 subsidiary

DECORA BLIND SYSTEMS LIMITED Shareholders

mzuri holdings ltd 100%

decora blind systems limited directors

Decora Blind Systems Limited currently has 6 directors. The longest serving directors include Mr William Dickson (Jul 1980) and Mrs. Lynda Dickson (Jul 1980).

officercountryagestartendrole
Mr William DicksonNorthern Ireland79 years Jul 1980- Director
Mrs. Lynda Dickson75 years Jul 1980- Director
Mr Stuart DicksonEngland51 years Apr 2004- Director
Mr Russell Dickson49 years Apr 2004- Director
Mr James Speer48 years Feb 2008- Director
Mr Jonathan McCluggageEngland44 years Jun 2018- Director

P&L

December 2023

turnover

103.3m

-2%

operating profit

9.4m

+57%

gross margin

25.2%

+20.05%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

34.3m

+0.14%

total assets

50.6m

+0.04%

cash

9.6m

+0.9%

net assets

Total assets minus all liabilities

decora blind systems limited company details

company number

NI014427

Type

Private limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

July 1980

age

45

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

discount blinds limited (January 2000)

decora window blinds limited (November 1999)

See more

accountant

-

auditor

RSM UK AUDIT LLP

address

1 ferguson drive, lisburn, northern ireland, BT28 2FL

Bank

BANK OF IRELAND

Legal Advisor

CLEAVER FULTON RANKIN

decora blind systems 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 10 charges/mortgages relating to decora blind systems limited. Currently there are 1 open charges and 9 have been satisfied in the past.

decora blind systems 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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decora blind systems limited Companies House Filings - See Documents

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