d & e coaches limited
d & e coaches limited Company Information
Company Number
SC256333
Next Accounts
Nov 2025
Shareholders
donald neil mathieson
elizabeth sandra mathieson
View AllGroup Structure
View All
Industry
Other passenger land transport n.e.c.
+1Registered Address
39 henderson drive, inverness, highland, IV1 1TR
Website
www.decoaches.co.ukd & e coaches limited Estimated Valuation
Pomanda estimates the enterprise value of D & E COACHES LIMITED at £3.9m based on a Turnover of £6.2m and 0.64x industry multiple (adjusted for size and gross margin).
d & e coaches limited Estimated Valuation
Pomanda estimates the enterprise value of D & E COACHES LIMITED at £7.3m based on an EBITDA of £1.4m and a 5.19x industry multiple (adjusted for size and gross margin).
d & e coaches limited Estimated Valuation
Pomanda estimates the enterprise value of D & E COACHES LIMITED at £8.7m based on Net Assets of £3.6m and 2.39x industry multiple (adjusted for liquidity).
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D & E Coaches Limited Overview
D & E Coaches Limited is a live company located in highland, IV1 1TR with a Companies House number of SC256333. It operates in the other passenger land transport sector, SIC Code 49390. Founded in September 2003, it's largest shareholder is donald neil mathieson with a 47.5% stake. D & E Coaches Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.2m with rapid growth in recent years.
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D & E Coaches Limited Health Check
Pomanda's financial health check has awarded D & E Coaches Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £6.2m, make it smaller than the average company (£13.8m)
£6.2m - D & E Coaches Limited
£13.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (6.8%)
37% - D & E Coaches Limited
6.8% - Industry AVG
Production
with a gross margin of 33%, this company has a lower cost of product (16.8%)
33% - D & E Coaches Limited
16.8% - Industry AVG
Profitability
an operating margin of 17.1% make it more profitable than the average company (4.6%)
17.1% - D & E Coaches Limited
4.6% - Industry AVG
Employees
with 71 employees, this is below the industry average (196)
71 - D & E Coaches Limited
196 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£29.7k)
£34.9k - D & E Coaches Limited
£29.7k - Industry AVG
Efficiency
resulting in sales per employee of £86.7k, this is more efficient (£65.9k)
£86.7k - D & E Coaches Limited
£65.9k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is later than average (15 days)
23 days - D & E Coaches Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is slower than average (14 days)
22 days - D & E Coaches Limited
14 days - Industry AVG
Stock Days
it holds stock equivalent to 58 days, this is more than average (4 days)
58 days - D & E Coaches Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (30 weeks)
0 weeks - D & E Coaches Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.7%, this is a similar level of debt than the average (52.1%)
56.7% - D & E Coaches Limited
52.1% - Industry AVG
D & E COACHES LIMITED financials
D & E Coaches Limited's latest turnover from February 2024 is £6.2 million and the company has net assets of £3.6 million. According to their latest financial statements, D & E Coaches Limited has 71 employees and maintains cash reserves of £5.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,152,818 | 5,190,788 | 3,600,761 | 2,415,118 | 3,889,817 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 4,123,900 | 4,057,723 | 2,808,520 | 2,263,946 | 2,777,226 | ||||||||||
| Gross Profit | 2,028,918 | 1,133,065 | 792,241 | 151,172 | 1,112,591 | ||||||||||
| Admin Expenses | 977,766 | 934,635 | 518,632 | -128,426 | 893,874 | ||||||||||
| Operating Profit | 1,051,152 | 198,430 | 273,609 | 279,598 | 218,717 | ||||||||||
| Interest Payable | 185,831 | 132,742 | 90,114 | 93,762 | 82,138 | ||||||||||
| Interest Receivable | 109 | 1,960 | |||||||||||||
| Pre-Tax Profit | 865,430 | 65,688 | 185,455 | 185,836 | 136,579 | ||||||||||
| Tax | -319,350 | 27,568 | -177,910 | -96,968 | -11,765 | ||||||||||
| Profit After Tax | 546,080 | 93,256 | 7,545 | 88,868 | 124,814 | ||||||||||
| Dividends Paid | 48,000 | ||||||||||||||
| Retained Profit | 546,080 | 45,256 | 7,545 | 88,868 | 124,814 | ||||||||||
| Employee Costs | 2,480,483 | 2,230,507 | 1,890,327 | 1,573,263 | 1,769,351 | ||||||||||
| Number Of Employees | 71 | 72 | 69 | 66 | 72 | 104 | 104 | 73 | 64 | ||||||
| EBITDA* | 1,406,489 | 540,010 | 549,366 | 627,485 | 458,808 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,580,603 | 5,819,802 | 5,460,425 | 4,854,380 | 4,982,416 | 3,068,423 | 3,945,238 | 3,328,594 | 2,764,510 | 2,103,859 | 1,829,531 | 1,873,288 | 1,719,040 | 1,168,508 | 1,076,232 |
| Intangible Assets | 3,371 | 7,416 | 11,461 | 5,801 | 11,600 | 17,399 | 23,198 | ||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 6,580,603 | 5,819,802 | 5,460,425 | 4,854,380 | 4,982,416 | 3,068,423 | 3,945,238 | 3,328,594 | 2,767,881 | 2,111,275 | 1,840,992 | 1,879,089 | 1,730,640 | 1,185,907 | 1,099,430 |
| Stock & work in progress | 661,222 | 589,680 | 395,468 | 271,239 | 271,412 | 195,261 | 185,263 | 168,021 | 109,669 | 110,352 | 105,229 | 77,808 | 32,145 | 12,188 | 10,401 |
| Trade Debtors | 391,750 | 345,626 | 273,247 | 270,063 | 279,958 | 295,280 | 383,307 | 276,826 | 528,778 | 526,270 | 438,431 | 378,766 | 311,271 | 181,789 | 151,583 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 721,332 | 590,285 | 933,046 | 876,138 | 832,708 | 558,864 | 477,363 | 485,655 | 67,272 | 54,307 | 88,421 | 78,474 | 50,731 | 23,356 | 67,952 |
| Cash | 5,099 | 124 | 3,332 | 409,106 | 4,182 | 3,334 | 783 | 1,978 | 2,639 | 3,188 | 2,761 | 2,871 | 2,018 | 695 | 94 |
| misc current assets | |||||||||||||||
| total current assets | 1,779,403 | 1,525,715 | 1,605,093 | 1,826,546 | 1,388,260 | 1,052,739 | 1,046,716 | 932,480 | 708,358 | 694,117 | 634,842 | 537,919 | 396,165 | 218,028 | 230,030 |
| total assets | 8,360,006 | 7,345,517 | 7,065,518 | 6,680,926 | 6,370,676 | 4,121,162 | 4,991,954 | 4,261,074 | 3,476,239 | 2,805,392 | 2,475,834 | 2,417,008 | 2,126,805 | 1,403,935 | 1,329,460 |
| Bank overdraft | 497,819 | 895,390 | 749,696 | 783,453 | 852,783 | 181,099 | 665,043 | 494,199 | 423,454 | ||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 249,873 | 273,578 | 224,252 | 137,573 | 140,953 | 162,505 | 285,792 | 201,257 | 124,592 | 997,639 | 1,077,820 | 1,031,442 | 950,908 | 476,971 | 364,943 |
| Group/Directors Accounts | 19,571 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 381,356 | 359,600 | 535,787 | 339,174 | 344,437 | ||||||||||
| other current liabilities | 125,686 | 112,519 | 58,488 | 63,036 | 166,133 | 572,846 | 727,899 | 740,847 | 486,014 | ||||||
| total current liabilities | 1,254,734 | 1,660,658 | 1,568,223 | 1,323,236 | 1,504,306 | 916,450 | 1,678,734 | 1,436,303 | 1,034,060 | 997,639 | 1,077,820 | 1,031,442 | 950,908 | 476,971 | 364,943 |
| loans | 1,193,358 | 1,063,862 | 1,264,160 | 1,488,720 | 965,969 | ||||||||||
| hp & lease commitments | 1,223,048 | 1,237,561 | 866,521 | 720,985 | 716,686 | ||||||||||
| Accruals and Deferred Income | 28,898 | 40,630 | |||||||||||||
| other liabilities | 906,028 | 460,125 | 926,930 | 898,548 | 17,165 | 458,561 | 373,773 | 554,443 | 533,054 | 341,013 | 394,376 | ||||
| provisions | 1,065,987 | 746,637 | 775,071 | 563,987 | 499,243 | 374,270 | 383,871 | 347,507 | 337,731 | 295,440 | 217,508 | 175,954 | 163,646 | 144,970 | 129,667 |
| total long term liabilities | 3,482,393 | 3,048,060 | 2,905,752 | 2,773,692 | 2,371,240 | 834,395 | 1,310,801 | 1,246,055 | 1,071,582 | 782,899 | 631,911 | 730,397 | 696,700 | 485,983 | 524,043 |
| total liabilities | 4,737,127 | 4,708,718 | 4,473,975 | 4,096,928 | 3,875,546 | 1,750,845 | 2,989,535 | 2,682,358 | 2,105,642 | 1,780,538 | 1,709,731 | 1,761,839 | 1,647,608 | 962,954 | 888,986 |
| net assets | 3,622,879 | 2,636,799 | 2,591,543 | 2,583,998 | 2,495,130 | 2,370,317 | 2,002,419 | 1,578,716 | 1,370,597 | 1,024,854 | 766,103 | 655,169 | 479,197 | 440,981 | 440,474 |
| total shareholders funds | 3,622,879 | 2,636,799 | 2,591,543 | 2,583,998 | 2,495,130 | 2,370,317 | 2,002,419 | 1,578,716 | 1,370,597 | 1,024,854 | 766,103 | 655,169 | 479,197 | 440,981 | 440,474 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,051,152 | 198,430 | 273,609 | 279,598 | 218,717 | ||||||||||
| Depreciation | 355,337 | 341,580 | 275,757 | 347,887 | 240,091 | 379,062 | 333,668 | 274,180 | 234,082 | 206,751 | 194,333 | 200,504 | 173,531 | 138,593 | 134,639 |
| Amortisation | 3,371 | 4,045 | 4,045 | 9,340 | 5,799 | 5,799 | 5,799 | 5,799 | |||||||
| Tax | -319,350 | 27,568 | -177,910 | -96,968 | -11,765 | ||||||||||
| Stock | 71,542 | 194,212 | 124,229 | -173 | 76,151 | 9,998 | 17,242 | 58,352 | -683 | 5,123 | 27,421 | 45,663 | 19,957 | 1,787 | 10,401 |
| Debtors | 177,171 | -270,382 | 60,092 | 33,535 | 258,522 | -6,526 | 98,189 | 166,431 | 15,473 | 53,725 | 69,612 | 95,238 | 156,857 | -14,390 | 219,535 |
| Creditors | -23,705 | 49,326 | 86,679 | -3,380 | -21,552 | -123,287 | 84,535 | 76,665 | -873,047 | -80,181 | 46,378 | 80,534 | 473,937 | 112,028 | 364,943 |
| Accruals and Deferred Income | 13,167 | 54,031 | -4,548 | -103,097 | -406,713 | -155,053 | -12,948 | 254,833 | 457,116 | -11,732 | 40,630 | ||||
| Deferred Taxes & Provisions | 319,350 | -28,434 | 211,084 | 64,744 | 124,973 | -9,601 | 36,364 | 9,776 | 42,291 | 77,932 | 41,554 | 12,308 | 18,676 | 15,303 | 129,667 |
| Cash flow from operations | 1,147,238 | 718,671 | 480,350 | 455,422 | -190,922 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -19,571 | 19,571 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 129,496 | -200,298 | -224,560 | 522,751 | 965,969 | ||||||||||
| Hire Purchase and Lease Commitments | 7,243 | 194,853 | 342,149 | 715,722 | 344,437 | -716,686 | 716,686 | ||||||||
| other long term liabilities | -906,028 | 445,903 | -466,805 | 28,382 | 881,383 | -441,396 | 84,788 | -180,670 | 21,389 | 192,041 | -53,363 | 394,376 | |||
| share issue | |||||||||||||||
| interest | -185,722 | -132,742 | -88,154 | -93,762 | -82,138 | ||||||||||
| cash flow from financing | 371,446 | -118,616 | 29,435 | 238,683 | 1,674,170 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 4,975 | -3,208 | -405,774 | 404,924 | 848 | 2,551 | -1,195 | -661 | -549 | 427 | -110 | 853 | 1,323 | 601 | 94 |
| overdraft | -397,571 | 145,694 | -33,757 | -69,330 | 671,684 | -483,944 | 170,844 | 70,745 | 423,454 | ||||||
| change in cash | 402,546 | -148,902 | -372,017 | 474,254 | -670,836 | 486,495 | -172,039 | -71,406 | -424,003 | 427 | -110 | 853 | 1,323 | 601 | 94 |
d & e coaches limited Credit Report and Business Information
D & E Coaches Limited Competitor Analysis
Perform a competitor analysis for d & e coaches limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in IV1 area or any other competitors across 12 key performance metrics.
d & e coaches limited Ownership
D & E COACHES LIMITED group structure
D & E Coaches Limited has no subsidiary companies.
Ultimate parent company
D & E COACHES LIMITED
SC256333
d & e coaches limited directors
D & E Coaches Limited currently has 2 directors. The longest serving directors include Mr Malcolm MacLeod (Jan 2025) and Mr Allan Gunn (Jan 2025).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Malcolm MacLeod | Scotland | 53 years | Jan 2025 | - | Director |
| Mr Allan Gunn | Scotland | 55 years | Jan 2025 | - | Director |
P&L
February 2024turnover
6.2m
+19%
operating profit
1.1m
+430%
gross margin
33%
+51.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
3.6m
+0.37%
total assets
8.4m
+0.14%
cash
5.1k
+40.12%
net assets
Total assets minus all liabilities
d & e coaches limited company details
company number
SC256333
Type
Private limited with Share Capital
industry
49390 - Other passenger land transport n.e.c.
49319 - Urban, suburban or metropolitan area passenger land transport other than railway transportation by underground, metro and similar systems
incorporation date
September 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
LEIPER & SUMMERS
address
39 henderson drive, inverness, highland, IV1 1TR
Bank
-
Legal Advisor
-
d & e coaches 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 3 charges/mortgages relating to d & e coaches limited. Currently there are 2 open charges and 1 have been satisfied in the past.
d & e coaches 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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d & e coaches limited Companies House Filings - See Documents
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