dovecot studios limited
dovecot studios limited Company Information
Company Number
SC214852
Next Accounts
2 days late
Shareholders
dovecot foundation
Group Structure
View All
Industry
Weaving of textiles
+1Registered Address
10 infirmary street, edinburgh, midlothian, EH1 1LT
Website
www.dovecotstudios.comdovecot studios limited Estimated Valuation
Pomanda estimates the enterprise value of DOVECOT STUDIOS LIMITED at £197.9k based on a Turnover of £884.2k and 0.22x industry multiple (adjusted for size and gross margin).
dovecot studios limited Estimated Valuation
Pomanda estimates the enterprise value of DOVECOT STUDIOS LIMITED at £78.9k based on an EBITDA of £30.3k and a 2.61x industry multiple (adjusted for size and gross margin).
dovecot studios limited Estimated Valuation
Pomanda estimates the enterprise value of DOVECOT STUDIOS LIMITED at £405.4k based on Net Assets of £276.4k and 1.47x industry multiple (adjusted for liquidity).
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Dovecot Studios Limited Overview
Dovecot Studios Limited is a live company located in midlothian, EH1 1LT with a Companies House number of SC214852. It operates in the weaving of textiles sector, SIC Code 13200. Founded in January 2001, it's largest shareholder is dovecot foundation with a 100% stake. Dovecot Studios Limited is a mature, small sized company, Pomanda has estimated its turnover at £884.2k with healthy growth in recent years.
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Dovecot Studios Limited Health Check
Pomanda's financial health check has awarded Dovecot Studios Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £884.2k, make it smaller than the average company (£12.9m)
£884.2k - Dovecot Studios Limited
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3.9%)
8% - Dovecot Studios Limited
3.9% - Industry AVG
Production
with a gross margin of 24.8%, this company has a comparable cost of product (27.9%)
24.8% - Dovecot Studios Limited
27.9% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (5%)
2% - Dovecot Studios Limited
5% - Industry AVG
Employees
with 22 employees, this is below the industry average (91)
22 - Dovecot Studios Limited
91 - Industry AVG
Pay Structure
on an average salary of £27.4k, the company has an equivalent pay structure (£34.2k)
£27.4k - Dovecot Studios Limited
£34.2k - Industry AVG
Efficiency
resulting in sales per employee of £40.2k, this is less efficient (£160.4k)
£40.2k - Dovecot Studios Limited
£160.4k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (49 days)
15 days - Dovecot Studios Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (48 days)
14 days - Dovecot Studios Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 155 days, this is more than average (108 days)
155 days - Dovecot Studios Limited
108 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (17 weeks)
27 weeks - Dovecot Studios Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.3%, this is a higher level of debt than the average (46.8%)
56.3% - Dovecot Studios Limited
46.8% - Industry AVG
DOVECOT STUDIOS LIMITED financials
Dovecot Studios Limited's latest turnover from June 2023 is £884.2 thousand and the company has net assets of £276.4 thousand. According to their latest financial statements, Dovecot Studios Limited has 22 employees and maintains cash reserves of £189.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 884,174 | 744,115 | 339,445 | 709,313 | 579,200 | 459,200 | 175,458 | 270,539 | 229,095 | |||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 665,308 | 830,812 | 612,455 | 814,978 | 649,514 | 305,436 | 366,187 | 318,755 | 248,715 | |||||
| Gross Profit | 218,866 | -86,697 | -273,010 | -105,665 | -70,314 | 153,764 | -190,729 | -48,216 | -19,620 | |||||
| Admin Expenses | -543,729 | -168,725 | 137,049 | |||||||||||
| Operating Profit | 353,000 | 120,509 | -156,669 | |||||||||||
| Interest Payable | 9,280 | |||||||||||||
| Interest Receivable | 5 | 136 | ||||||||||||
| Pre-Tax Profit | -27,485 | 129,393 | 27,655 | 96,760 | 42,868 | 36,929 | 353,000 | 111,234 | -156,533 | |||||
| Tax | 48,323 | 32,858 | ||||||||||||
| Profit After Tax | 20,838 | 162,251 | 27,655 | 96,760 | 42,868 | 36,929 | 353,000 | 111,234 | -156,533 | |||||
| Dividends Paid | ||||||||||||||
| Retained Profit | 20,838 | 162,251 | 27,655 | 96,760 | 42,868 | 36,929 | 353,000 | 111,234 | -156,533 | |||||
| Employee Costs | 602,561 | 572,931 | 496,502 | 503,511 | 482,571 | 449,414 | 497,803 | 477,386 | 421,711 | |||||
| Number Of Employees | 22 | 22 | 18 | 24 | 23 | 25 | 22 | 25 | 30 | |||||
| EBITDA* | 360,081 | 124,952 | -152,685 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 39,778 | 43,642 | 32,262 | 41,393 | 37,909 | 46,568 | 47,151 | 50,860 | 58,312 | 55,115 | 39,074 | 22,573 | 11,132 | 10,895 |
| Intangible Assets | ||||||||||||||
| Investments & Other | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 39,780 | 43,644 | 32,264 | 41,395 | 37,911 | 46,570 | 47,153 | 50,862 | 58,314 | 55,117 | 39,076 | 22,575 | 11,134 | 10,897 |
| Stock & work in progress | 283,876 | 189,851 | 279,420 | 326,842 | 404,519 | 379,396 | 111,649 | 118,095 | 134,803 | 145,322 | 237,316 | 309,684 | 205,017 | 216,139 |
| Trade Debtors | 37,660 | 32,338 | 14,097 | 48,291 | 54,646 | 74,342 | 87,708 | 25,050 | 25,724 | 79,699 | 69,751 | 17,859 | 51,713 | 32,229 |
| Group Debtors | 28,431 | 209 | 5,820 | 2,639 | ||||||||||
| Misc Debtors | 81,887 | 70,257 | 20,148 | 22,197 | 28,274 | 36,539 | 35,927 | 30,202 | 47,071 | 38,595 | 46,357 | 9,237 | ||
| Cash | 189,256 | 226,833 | 204,702 | 154,756 | 19,333 | 36,022 | 46,781 | 77,425 | 113,747 | 34,077 | 24,183 | 6,317 | 223,036 | 19,506 |
| misc current assets | ||||||||||||||
| total current assets | 592,679 | 547,710 | 518,367 | 552,086 | 506,772 | 526,299 | 282,065 | 250,772 | 321,345 | 259,098 | 331,250 | 372,664 | 531,943 | 279,750 |
| total assets | 632,459 | 591,354 | 550,631 | 593,481 | 544,683 | 572,869 | 329,218 | 301,634 | 379,659 | 314,215 | 370,326 | 395,239 | 543,077 | 290,647 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 26,932 | 40,553 | 4,196 | 7,845 | 38,538 | 60,355 | 73,020 | 34,185 | 131,248 | 274,734 | 341,282 | 84,506 | 30,182 | 16,033 |
| Group/Directors Accounts | 24,442 | 2 | 43,352 | 49,745 | 2 | 81,453 | 86,291 | 84,002 | 80,102 | 113,599 | 700,924 | 561,466 | ||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 304,733 | 295,285 | 409,820 | 470,283 | 537,295 | 505,081 | 280,856 | 282,242 | 211,528 | 100,195 | 68,032 | 80,443 | ||
| total current liabilities | 356,107 | 335,840 | 457,368 | 527,873 | 575,835 | 646,889 | 440,167 | 400,429 | 422,878 | 274,734 | 341,282 | 298,300 | 799,138 | 657,942 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 1,015 | |||||||||||||
| total long term liabilities | 1,015 | |||||||||||||
| total liabilities | 356,107 | 335,840 | 457,368 | 527,873 | 575,835 | 646,889 | 440,167 | 400,429 | 422,878 | 274,734 | 342,297 | 298,300 | 799,138 | 657,942 |
| net assets | 276,352 | 255,514 | 93,263 | 65,608 | -31,152 | -74,020 | -110,949 | -98,795 | -43,219 | 39,481 | 28,029 | 96,939 | -256,061 | -367,295 |
| total shareholders funds | 276,352 | 255,514 | 93,263 | 65,608 | -31,152 | -74,020 | -110,949 | -98,795 | -43,219 | 39,481 | 28,029 | 96,939 | -256,061 | -367,295 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 353,000 | 120,509 | -156,669 | |||||||||||
| Depreciation | 12,888 | 13,814 | 11,411 | 12,000 | 10,162 | 11,704 | 10,689 | 10,390 | 13,103 | 11,111 | 9,180 | 7,081 | 4,443 | 3,984 |
| Amortisation | ||||||||||||||
| Tax | 48,323 | 32,858 | ||||||||||||
| Stock | 94,025 | -89,569 | -47,422 | -77,677 | 25,123 | 267,747 | -6,446 | -16,708 | -10,519 | -91,994 | -72,368 | 104,667 | -11,122 | 216,139 |
| Debtors | -11,479 | 96,781 | -36,243 | -12,432 | -27,961 | -12,754 | 68,383 | -17,543 | -6,904 | 9,948 | 13,088 | -47,227 | 59,785 | 44,105 |
| Creditors | -13,621 | 36,357 | -3,649 | -30,693 | -21,817 | -12,665 | 38,835 | -97,063 | -143,486 | -66,548 | 256,776 | 54,324 | 14,149 | 16,033 |
| Accruals and Deferred Income | 9,448 | -114,535 | -60,463 | -67,012 | 32,214 | 224,225 | -1,386 | 70,714 | 211,528 | -100,195 | 32,163 | -12,411 | 80,443 | |
| Deferred Taxes & Provisions | -1,015 | 1,015 | ||||||||||||
| Cash flow from operations | 389,128 | 78,027 | -316,453 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 2 | |||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 24,440 | -43,350 | -6,393 | 49,743 | -81,451 | -4,838 | 2,289 | 3,900 | 80,102 | -113,599 | -587,325 | 139,458 | 561,466 | |
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -9,275 | 136 | ||||||||||||
| cash flow from financing | 24,440 | -43,350 | -6,393 | 49,743 | -81,451 | -587,325 | 130,183 | 350,840 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | -37,577 | 22,131 | 49,946 | 135,423 | -16,689 | -10,759 | -30,644 | -36,322 | 79,670 | 9,894 | 17,866 | -216,719 | 203,530 | 19,506 |
| overdraft | ||||||||||||||
| change in cash | -37,577 | 22,131 | 49,946 | 135,423 | -16,689 | -10,759 | -30,644 | -36,322 | 79,670 | 9,894 | 17,866 | -216,719 | 203,530 | 19,506 |
dovecot studios limited Credit Report and Business Information
Dovecot Studios Limited Competitor Analysis
Perform a competitor analysis for dovecot studios limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in EH1 area or any other competitors across 12 key performance metrics.
dovecot studios limited Ownership
DOVECOT STUDIOS LIMITED group structure
Dovecot Studios Limited has 1 subsidiary company.
Ultimate parent company
1 parent
DOVECOT STUDIOS LIMITED
SC214852
1 subsidiary
dovecot studios limited directors
Dovecot Studios Limited currently has 5 directors. The longest serving directors include Mrs Elizabeth Salvesen (Jun 2001) and Dr Brian Lang (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Elizabeth Salvesen | 78 years | Jun 2001 | - | Director | |
| Dr Brian Lang | Scotland | 79 years | Jun 2017 | - | Director |
| Ms Celia Joicey | 53 years | Nov 2018 | - | Director | |
| Mrs Lesley Knox | 71 years | Aug 2019 | - | Director | |
| Ms Chloe Kippen | 53 years | Nov 2024 | - | Director |
P&L
June 2023turnover
884.2k
+19%
operating profit
17.4k
0%
gross margin
24.8%
-312.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
276.4k
+0.08%
total assets
632.5k
+0.07%
cash
189.3k
-0.17%
net assets
Total assets minus all liabilities
dovecot studios limited company details
company number
SC214852
Type
Private limited with Share Capital
industry
13200 - Weaving of textiles
13939 - Manufacture of carpets and rugs (other than woven or tufted) n.e.c.
incorporation date
January 2001
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
etc (2001) limited (May 2001)
m m & s (2729) limited (January 2001)
accountant
SAFFERY LLP
auditor
-
address
10 infirmary street, edinburgh, midlothian, EH1 1LT
Bank
BANK OF SCOTLAND
Legal Advisor
-
dovecot studios 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 dovecot studios limited.
dovecot studios 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.
Click to start generating capital raising & share issue transactions for DOVECOT STUDIOS LIMITED. This can take several minutes, an email will notify you when this has completed.
dovecot studios limited Companies House Filings - See Documents
| date | description | view/download |
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