drumcairn holdings limited

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drumcairn holdings limited Company Information

Share DRUMCAIRN HOLDINGS LIMITED
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Company Number

NI607160

Registered Address

drumcairn loughgall road, armagh, co.armagh, BT61 7NN

Industry

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

 

Telephone

02837524731

Next Accounts Due

December 2024

Group Structure

View All

Directors

Leon Leonard12 Years

Cormac Leonard12 Years

View All

Shareholders

cormac leonard 50%

leon leonard 50%

drumcairn holdings limited Estimated Valuation

£21.2m

Pomanda estimates the enterprise value of DRUMCAIRN HOLDINGS LIMITED at £21.2m based on a Turnover of £24.9m and 0.85x industry multiple (adjusted for size and gross margin).

drumcairn holdings limited Estimated Valuation

£15.6m

Pomanda estimates the enterprise value of DRUMCAIRN HOLDINGS LIMITED at £15.6m based on an EBITDA of £4.9m and a 3.16x industry multiple (adjusted for size and gross margin).

drumcairn holdings limited Estimated Valuation

£34.6m

Pomanda estimates the enterprise value of DRUMCAIRN HOLDINGS LIMITED at £34.6m based on Net Assets of £18.2m and 1.9x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from March 2023 

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Drumcairn Holdings Limited Overview

Drumcairn Holdings Limited is a live company located in co.armagh, BT61 7NN with a Companies House number of NI607160. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in April 2011, it's largest shareholder is cormac leonard with a 50% stake. Drumcairn Holdings Limited is a established, large sized company, Pomanda has estimated its turnover at £24.9m with healthy growth in recent years.

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Drumcairn Holdings Limited Health Check

Pomanda's financial health check has awarded Drumcairn Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £24.9m, make it larger than the average company (£11m)

£24.9m - Drumcairn Holdings Limited

£11m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (5.8%)

12% - Drumcairn Holdings Limited

5.8% - Industry AVG

production

Production

with a gross margin of 16.7%, this company has a higher cost of product (45%)

16.7% - Drumcairn Holdings Limited

45% - Industry AVG

profitability

Profitability

an operating margin of 10.4% make it as profitable than the average company (12.3%)

10.4% - Drumcairn Holdings Limited

12.3% - Industry AVG

employees

Employees

with 37 employees, this is below the industry average (58)

37 - Drumcairn Holdings Limited

58 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.6k, the company has an equivalent pay structure (£43.3k)

£41.6k - Drumcairn Holdings Limited

£43.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £672.9k, this is more efficient (£191.5k)

£672.9k - Drumcairn Holdings Limited

£191.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is earlier than average (57 days)

33 days - Drumcairn Holdings Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (51 days)

25 days - Drumcairn Holdings Limited

51 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 62 days, this is more than average (22 days)

62 days - Drumcairn Holdings Limited

22 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (8 weeks)

49 weeks - Drumcairn Holdings Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 26.7%, this is a lower level of debt than the average (58.3%)

26.7% - Drumcairn Holdings Limited

58.3% - Industry AVG

drumcairn holdings limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Drumcairn Holdings Limited Competitor Analysis

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Perform a competitor analysis for drumcairn holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

drumcairn holdings limited Ownership

DRUMCAIRN HOLDINGS LIMITED group structure

Drumcairn Holdings Limited has 3 subsidiary companies.

DRUMCAIRN HOLDINGS LIMITED Shareholders

cormac leonard 50%
leon leonard 50%

drumcairn holdings limited directors

Drumcairn Holdings Limited currently has 4 directors. The longest serving directors include Mr Leon Leonard (Apr 2011) and Mr Cormac Leonard (Apr 2011).

officercountryagestartendrole
Mr Leon Leonard70 years Apr 2011- Director
Mr Cormac LeonardUnited Kingdom73 years Apr 2011- Director
Mr Leon Leonard70 years Apr 2011- Director
Mr Cormac LeonardUnited Kingdom37 years May 2014- Director

DRUMCAIRN HOLDINGS LIMITED financials

EXPORTms excel logo

Drumcairn Holdings Limited's latest turnover from March 2023 is £24.9 million and the company has net assets of £18.2 million. According to their latest financial statements, Drumcairn Holdings Limited has 37 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Apr 2012
Turnover24,898,33227,822,25525,202,53717,597,82722,408,12621,636,55019,520,45117,871,41716,816,18316,256,30115,030,40115,463,133
Other Income Or Grants000000000000
Cost Of Sales20,734,23623,547,31222,473,86815,355,45519,638,07219,141,52716,898,15415,136,32114,333,85013,585,22312,999,66213,600,890
Gross Profit4,164,0964,274,9432,728,6692,242,3722,770,0542,495,0232,622,2972,735,0962,482,3332,671,0782,030,7391,862,243
Admin Expenses1,585,0661,492,3891,067,0121,394,4491,398,0311,299,0641,311,5121,121,8871,031,5251,277,005989,763843,229
Operating Profit2,579,0302,782,5541,661,657847,9231,372,0231,195,9591,310,7851,613,2091,450,8081,394,0731,040,9761,019,014
Interest Payable80,79944,88149,32679,84061,69461,27172,89066,22778,94876,62640,37747,099
Interest Receivable000000000321,0581,438
Pre-Tax Profit2,498,2312,737,6731,612,331768,0831,310,3291,134,6881,237,8951,546,9821,371,8601,317,4791,001,657973,353
Tax-621,842-405,677-364,895-83,110-267,035-195,793-173,972-283,197-346,705-374,115-202,376-214,524
Profit After Tax1,876,3892,331,9961,247,436684,9731,043,294938,8951,063,9231,263,7851,025,155943,364799,281758,829
Dividends Paid000000000000
Retained Profit1,876,3892,331,9961,247,436684,9731,043,294938,8951,063,9231,263,7851,025,155943,364799,281758,829
Employee Costs1,537,4551,286,420923,8281,008,1771,191,1911,597,504999,326889,597786,722813,778875,188698,610
Number Of Employees373636363535323229292727
EBITDA*4,931,9424,690,1723,182,5972,262,6412,762,4472,511,0312,672,0832,851,2492,655,1282,444,2771,883,4191,676,086

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Apr 2012
Tangible Assets13,564,50911,923,1319,322,2847,657,0567,018,2127,191,0986,377,6177,040,1266,352,6565,993,0514,255,4873,294,070
Intangible Assets600,000675,000750,000825,000900,000975,0001,050,0001,125,0001,200,0001,275,0001,350,0001,425,000
Investments & Other1,212,0531,057,0531,057,0531,042,702974,483262,457262,45700000
Debtors (Due After 1 year)000000000000
Total Fixed Assets15,376,56213,655,18411,129,3379,524,7588,892,6958,428,5557,690,0748,165,1267,552,6567,268,0515,605,4874,719,070
Stock & work in progress3,532,0594,103,7474,935,9414,933,5275,003,6283,465,8444,519,4383,444,5163,203,2243,234,5902,509,2253,022,208
Trade Debtors2,314,7483,377,4291,794,8591,559,1441,795,0232,096,4301,590,6501,490,785953,1761,355,833954,1991,126,119
Group Debtors110,500110,5000000000000
Misc Debtors104,17682,190301,209165,636252,839229,960252,65670,04181,189229,596171,56493,386
Cash3,431,499811,866702,22494,066136,685507,24877,36889,880318,293292,023412,37587,834
misc current assets000000000000
total current assets9,492,9828,485,7327,734,2336,752,3737,188,1756,299,4826,440,1125,095,2224,555,8825,112,0424,047,3634,329,547
total assets24,869,54422,140,91618,863,57016,277,13116,080,87014,728,03714,130,18613,260,34812,108,53812,380,0939,652,8509,048,617
Bank overdraft0997,2072,403,6421,848,4821,574,5131,005,5171,771,2792,241,6582,017,5902,335,6691,546,8761,359,472
Bank loan000000000000
Trade Creditors 1,455,8591,756,8801,300,943834,1561,382,5691,519,962960,387342,100523,3811,445,970736,6471,098,626
Group/Directors Accounts191,554241,692292,692297,442377,8550001,165,025455,692169,692166,040
other short term finances000000000000
hp & lease commitments1,044,419401,9230000000000
other current liabilities922,927801,452195,83797,980300,921809,704936,1401,249,325355,640305,495299,124354,806
total current liabilities3,614,7594,199,1544,193,1143,078,0603,635,8583,335,1833,667,8063,833,0834,061,6364,542,8262,752,3392,978,944
loans000000000937,4261,081,5571,050,000
hp & lease commitments1,837,978769,2520000000000
Accruals and Deferred Income000000000000
other liabilities000000000000
provisions1,178,634810,726640,673416,724347,638338,774347,195376,003259,429137,52300
total long term liabilities3,016,6121,579,978640,673416,724347,638338,774347,195376,003259,4291,074,9491,081,5571,050,000
total liabilities6,631,3715,779,1324,833,7873,494,7843,983,4963,673,9574,015,0014,209,0864,321,0655,617,7753,833,8964,028,944
net assets18,238,17316,361,78414,029,78312,782,34712,097,37411,054,08010,115,1859,051,2627,787,4736,762,3185,818,9545,019,673
total shareholders funds18,238,17316,361,78414,029,78312,782,34712,097,37411,054,08010,115,1859,051,2627,787,4736,762,3185,818,9545,019,673
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Apr 2012
Operating Activities
Operating Profit2,579,0302,782,5541,661,657847,9231,372,0231,195,9591,310,7851,613,2091,450,8081,394,0731,040,9761,019,014
Depreciation2,277,9121,832,6181,445,9401,339,7181,315,4241,240,0721,286,2981,163,0401,129,320975,204767,443582,072
Amortisation75,00075,00075,00075,00075,00075,00075,00075,00075,00075,00075,00075,000
Tax-621,842-405,677-364,895-83,110-267,035-195,793-173,972-283,197-346,705-374,115-202,376-214,524
Stock-571,688-832,1942,414-70,1011,537,784-1,053,5941,074,922241,292-31,366725,365-512,9833,022,208
Debtors-1,040,6951,474,051371,288-323,082-278,528483,084282,480526,461-551,064459,666-93,7421,219,505
Creditors-301,021455,937466,787-548,413-137,393559,575618,287-181,281-922,589709,323-361,9791,098,626
Accruals and Deferred Income121,475605,61597,857-202,941-508,783-126,436-313,185893,68550,1456,371-55,682354,806
Deferred Taxes & Provisions367,908170,053223,94969,0868,864-8,421-28,808116,574121,906137,52300
Cash flow from operations6,110,8454,874,2433,232,5931,890,446598,8443,310,4661,417,0032,629,2772,140,3151,738,3481,870,107-1,326,719
Investing Activities
capital expenditure00000-2,022,209-702,981-1,591,742-1,466,895-2,650,697-1,619,004-2,178,395
Change in Investments155,000014,35168,219712,0260262,45700000
cash flow from investments-155,0000-14,351-68,219-712,026-2,022,209-965,438-1,591,742-1,466,895-2,650,697-1,619,004-2,178,395
Financing Activities
Bank loans000000000000
Group/Directors Accounts-50,138-51,000-4,750-80,413377,85500-1,165,025709,333286,0003,652166,040
Other Short Term Loans 000000000000
Long term loans00000000-937,426-144,13131,5571,050,000
Hire Purchase and Lease Commitments1,711,2221,171,1750000000000
other long term liabilities000000000000
share issue050000040004,260,844
interest-80,799-44,881-49,326-79,840-61,694-61,271-72,890-66,227-78,948-76,594-39,319-45,661
cash flow from financing1,580,2851,075,299-54,076-160,253316,161-61,271-72,890-1,231,248-307,04165,275-4,1105,431,223
cash and cash equivalents
cash2,619,633109,642608,158-42,619-370,563429,880-12,512-228,41326,270-120,352324,54187,834
overdraft-997,207-1,406,435555,160273,969568,996-765,762-470,379224,068-318,079788,793187,4041,359,472
change in cash3,616,8401,516,07752,998-316,588-939,5591,195,642457,867-452,481344,349-909,145137,137-1,271,638

P&L

March 2023

turnover

24.9m

-11%

operating profit

2.6m

-7%

gross margin

16.8%

+8.85%

turnover

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

Balance Sheet

March 2023

net assets

18.2m

+0.11%

total assets

24.9m

+0.12%

cash

3.4m

+3.23%

net assets

Total assets minus all liabilities

drumcairn holdings limited company details

company number

NI607160

Type

Private limited with Share Capital

industry

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

incorporation date

April 2011

age

13

accounts

Group

ultimate parent company

None

previous names

N/A

incorporated

UK

address

drumcairn loughgall road, armagh, co.armagh, BT61 7NN

last accounts submitted

March 2023

drumcairn holdings 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 did not find charges/mortgages relating to drumcairn holdings limited.

charges

drumcairn holdings limited Companies House Filings - See Documents

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