Domestic & Commercial Drain Services Ltd

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domestic & commercial drain services ltd Company Information

Live

EstablishedSmallHigh

Company Number

NI057464

Website

drainservicesltd.co.uk

Registered Address

10 dixon road, bangor, BT19 6AU

Industry

Sewerage

Telephone

08003777650

Next Accounts Due

September 2025

Group Structure

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Directors

Nigel Sewell18 Years

Shareholders

nigel sewell 51%

corina sewell 49%

domestic & commercial drain services ltd Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of DOMESTIC & COMMERCIAL DRAIN SERVICES LTD at £1.1m based on a Turnover of £650.3k and 1.75x industry multiple (adjusted for size and gross margin).

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Domestic & Commercial Drain Services Ltd is a live company located in bangor, BT19 6AU with a Companies House number of NI057464. It operates in the sewerage sector, SIC Code 37000. Founded in December 2005, it's largest shareholder is nigel sewell with a 51% stake. Domestic & Commercial Drain Services Ltd is a established, small sized company, Pomanda has estimated its turnover at £650.3k with high growth in recent years.

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Pomanda's financial health check has awarded Domestic & Commercial Drain Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

2 Regular

6 Weak

Size

annual sales of £650.3k, make it smaller than the average company (£12.3m)

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (8.1%)

EXPORT

Domestic & Commercial Drain Services Ltd's latest turnover from December 2023 is estimated at £650.3 thousand and the company has net assets of £13.6 thousand. According to their latest financial statements, Domestic & Commercial Drain Services Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	650,297	340,004	227,754	348,710	229,274	342,908	194,496	131,162	219,671	277,580	212,239	129,274	127,271	156,691	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	503,707	259,982	163,376	250,748	169,585	267,813	156,311	98,820	160,749	203,126	151,021	91,799	92,312	109,701	0
Gross Profit	146,590	80,023	64,379	97,962	59,688	75,096	38,185	32,342	58,921	74,454	61,219	37,475	34,958	46,991	0
Admin Expenses	130,905	79,238	68,303	118,775	76,104	37,658	63,507	33,118	78,399	73,040	62,771	17,794	42,068	47,157	-69,594
Operating Profit	15,685	785	-3,924	-20,813	-16,416	37,438	-25,322	-776	-19,478	1,414	-1,552	19,681	-7,110	-166	69,594
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	0	0	0	6	22	27	102	89
Pre-Tax Profit	15,685	785	-3,924	-20,813	-16,416	37,438	-25,322	-776	-19,478	1,414	-1,546	19,703	-7,083	-64	69,683
Tax	-3,921	-149	0	0	0	-7,113	0	0	0	-297	0	-4,729	0	0	-19,511
Profit After Tax	11,764	636	-3,924	-20,813	-16,416	30,325	-25,322	-776	-19,478	1,117	-1,546	14,974	-7,083	-64	50,172
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	11,764	636	-3,924	-20,813	-16,416	30,325	-25,322	-776	-19,478	1,117	-1,546	14,974	-7,083	-64	50,172
Employee Costs	276,975	226,449	175,153	162,603	156,358	218,802	215,638	38,366	77,586	74,076	35,944	34,429	32,577	34,264	0
Number Of Employees	6	5	4	4	4	6	6	1	2	2	1	1	1	1	0
EBITDA*	15,685	785	-3,924	-20,813	-16,416	37,438	-25,322	-776	-5,651	15,372	7,883	31,100	5,597	25,596	93,111

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	23,537	16,722	20,947	21,142	26,428	33,035	40,416	50,251	55,309	55,832	37,741	45,676	49,680	35,050	32,716
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	17,000	34,000
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	23,537	16,722	20,947	21,142	26,428	33,035	40,416	50,251	55,309	55,832	37,741	45,676	49,680	52,050	66,716
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	186,212	82,829	54,180	90,022	50,544	70,107	16,128	33,392	44,300	67,269	59,012	42,319	33,719	40,904	28,474
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	7,737	0
Cash	0	0	0	0	0	0	0	0	0	0	0	2,592	6,007	4,884	35,761
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	186,212	82,829	54,180	90,022	50,544	70,107	16,128	33,392	44,300	67,269	59,012	44,911	39,726	53,525	64,235
total assets	209,749	99,551	75,127	111,164	76,972	103,142	56,544	83,643	99,609	123,101	96,753	90,587	89,406	105,575	130,951
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	79,011	27,363	14,629	32,858	28,560	60,823	42,750	41,410	53,441	56,016	32,239	25,567	34,939	22,626	3,809
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	26,994
total current liabilities	79,011	27,363	14,629	32,858	28,560	60,823	42,750	41,410	53,441	56,016	32,239	25,567	34,939	22,626	30,803
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	28,173	7,717	0	0	2,375	0	0	0	0	0	0	0	0	0	0
other liabilities	25,319	35,972	46,737	51,182	1,182	0	1,800	4,917	7,976	9,415	7,961	6,921	11,342	32,741	43,831
provisions	63,680	26,697	12,595	22,034	18,952	0	0	0	0	0	0	0	0	0	6,045
total long term liabilities	117,172	70,386	59,332	73,216	22,509	0	1,800	4,917	7,976	9,415	7,961	6,921	11,342	32,741	49,876
total liabilities	196,183	97,749	73,961	106,074	51,069	60,823	44,550	46,327	61,417	65,431	40,200	32,488	46,281	55,367	80,679
net assets	13,566	1,802	1,166	5,090	25,903	42,319	11,994	37,316	38,192	57,670	56,553	58,099	43,125	50,208	50,272
total shareholders funds	13,566	1,802	1,166	5,090	25,903	42,319	11,994	37,316	38,192	57,670	56,553	58,099	43,125	50,208	50,272

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	15,685	785	-3,924	-20,813	-16,416	37,438	-25,322	-776	-19,478	1,414	-1,552	19,681	-7,110	-166	69,594
Depreciation	0	0	0	0	0	0	0	0	13,827	13,958	9,435	11,419	12,707	8,762	6,517
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	17,000	17,000
Tax	-3,921	-149	0	0	0	-7,113	0	0	0	-297	0	-4,729	0	0	-19,511
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	103,383	28,649	-35,842	39,478	-19,563	53,979	-17,264	-10,908	-22,969	8,257	16,693	8,600	-14,922	20,167	28,474
Creditors	51,648	12,734	-18,229	4,298	-32,263	18,073	1,340	-12,031	-2,575	23,777	6,672	-9,372	12,313	18,817	3,809
Accruals and Deferred Income	20,456	7,717	0	-2,375	2,375	0	0	0	0	0	0	0	0	-26,994	26,994
Deferred Taxes & Provisions	36,983	14,102	-9,439	3,082	18,952	0	0	0	0	0	0	0	0	-6,045	6,045
Cash flow from operations	17,468	6,540	4,250	-55,286	-7,789	-5,581	-6,718	-1,899	14,743	30,595	-2,138	8,399	32,832	-8,793	81,974
Investing Activities
capital expenditure	-6,815	4,225	195	5,286	6,607	7,381	9,835	5,058	-13,304	-32,049	-1,500	-7,415	-10,337	-11,096	-90,233
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-6,815	4,225	195	5,286	6,607	7,381	9,835	5,058	-13,304	-32,049	-1,500	-7,415	-10,337	-11,096	-90,233
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-10,653	-10,765	-4,445	50,000	1,182	-1,800	-3,117	-3,059	-1,439	1,454	1,040	-4,421	-21,399	-11,090	43,831
share issue	0	0	0	0	0	0	0	-100	0	0	0	0	0	0	100
interest	0	0	0	0	0	0	0	0	0	0	6	22	27	102	89
cash flow from financing	-10,653	-10,765	-4,445	50,000	1,182	-1,800	-3,117	-3,159	-1,439	1,454	1,046	-4,399	-21,372	-10,988	44,020
cash and cash equivalents
cash	0	0	0	0	0	0	0	0	0	0	-2,592	-3,415	1,123	-30,877	35,761
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0	0	0	0	-2,592	-3,415	1,123	-30,877	35,761

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for domestic & commercial drain services ltd by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other small companies, companies in BT19 area or any other competitors across 12 key performance metrics.

DOMESTIC & COMMERCIAL DRAIN SERVICES LTD group structure

Domestic & Commercial Drain Services Ltd has no subsidiary companies.

Ultimate parent company

DOMESTIC & COMMERCIAL DRAIN SERVICES LTD

NI057464

DOMESTIC & COMMERCIAL DRAIN SERVICES LTD Shareholders

nigel sewell	51%
corina sewell	49%

Domestic & Commercial Drain Services Ltd currently has 1 director, Mr Nigel Sewell serving since Dec 2005.

officer	country	age	start	end	role
Mr Nigel Sewell	Northern Ireland	58 years	Dec 2005	-	Director

P&L

December 2023

turnover

650.3k

+91%

operating profit

15.7k

gross margin

22.6%

-4.22%

turnover

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

Balance Sheet

December 2023

net assets

13.6k

+6.53%

total assets

209.7k

+1.11%

cash

net assets

Total assets minus all liabilities

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company number

NI057464

Type

Private limited with Share Capital

industry

37000 - Sewerage

incorporation date

December 2005

ultimate parent company

None

previous names

N/A

address

10 dixon road, bangor, BT19 6AU

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 domestic & commercial drain services ltd.

domestic & commercial drain services ltd Company Information

domestic & commercial drain services ltd Estimated Valuation

domestic & commercial drain services ltd Estimated Valuation

domestic & commercial drain services ltd Estimated Valuation

Domestic & Commercial Drain Services Ltd Overview

Domestic & Commercial Drain Services Ltd Health Check

DOMESTIC & COMMERCIAL DRAIN SERVICES LTD financials

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domestic & commercial drain services ltd Ownership

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