the dornoch area community interest company
the dornoch area community interest company Company Information
Company Number
SC327565
Next Accounts
Dec 2025
Shareholders
-
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
the dornoch hub argyle street, dornoch, IV25 3LA
Website
www.dornoch.org.ukthe dornoch area community interest company Estimated Valuation
Pomanda estimates the enterprise value of THE DORNOCH AREA COMMUNITY INTEREST COMPANY at £520.7k based on a Turnover of £215.9k and 2.41x industry multiple (adjusted for size and gross margin).
the dornoch area community interest company Estimated Valuation
Pomanda estimates the enterprise value of THE DORNOCH AREA COMMUNITY INTEREST COMPANY at £641.3k based on an EBITDA of £91.1k and a 7.04x industry multiple (adjusted for size and gross margin).
the dornoch area community interest company Estimated Valuation
Pomanda estimates the enterprise value of THE DORNOCH AREA COMMUNITY INTEREST COMPANY at £229.9k based on Net Assets of £113.8k and 2.02x industry multiple (adjusted for liquidity).
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The Dornoch Area Community Interest Company Overview
The Dornoch Area Community Interest Company is a live company located in dornoch, IV25 3LA with a Companies House number of SC327565. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2007, it's largest shareholder is unknown. The Dornoch Area Community Interest Company is a established, micro sized company, Pomanda has estimated its turnover at £215.9k with declining growth in recent years.
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The Dornoch Area Community Interest Company Health Check
Pomanda's financial health check has awarded The Dornoch Area Community Interest Company a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £215.9k, make it smaller than the average company (£670.7k)
£215.9k - The Dornoch Area Community Interest Company
£670.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -37%, show it is growing at a slower rate (6.2%)
- The Dornoch Area Community Interest Company
6.2% - Industry AVG
Production
with a gross margin of 96.1%, this company has a comparable cost of product (81.7%)
96.1% - The Dornoch Area Community Interest Company
81.7% - Industry AVG
Profitability
an operating margin of 6% make it less profitable than the average company (15.4%)
6% - The Dornoch Area Community Interest Company
15.4% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (7)
6 - The Dornoch Area Community Interest Company
7 - Industry AVG
Pay Structure
on an average salary of £9.2k, the company has a lower pay structure (£29.7k)
£9.2k - The Dornoch Area Community Interest Company
£29.7k - Industry AVG
Efficiency
resulting in sales per employee of £36k, this is less efficient (£114.6k)
£36k - The Dornoch Area Community Interest Company
£114.6k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (22 days)
3 days - The Dornoch Area Community Interest Company
22 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (34 days)
28 days - The Dornoch Area Community Interest Company
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Dornoch Area Community Interest Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is less cash available to meet short term requirements (87 weeks)
44 weeks - The Dornoch Area Community Interest Company
87 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94%, this is a higher level of debt than the average (41.3%)
94% - The Dornoch Area Community Interest Company
41.3% - Industry AVG
THE DORNOCH AREA COMMUNITY INTEREST COMPANY financials
The Dornoch Area Community Interest Company's latest turnover from March 2024 is £215.9 thousand and the company has net assets of £113.8 thousand. According to their latest financial statements, The Dornoch Area Community Interest Company has 6 employees and maintains cash reserves of £112.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 215,910 | 185,671 | 81,821 | 10,188 | 2,600 | 4,440 | 7,118 | 8,056 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 8,364 | 5,421 | |||||||||||||
| Gross Profit | 207,546 | 180,250 | 34,843 | 26,408 | |||||||||||
| Admin Expenses | 194,560 | 171,280 | 30,973 | 11,914 | |||||||||||
| Operating Profit | 12,986 | 8,970 | 3,870 | 14,494 | |||||||||||
| Interest Payable | 1,735 | 440 | |||||||||||||
| Interest Receivable | 2 | 8 | 7 | ||||||||||||
| Pre-Tax Profit | 11,251 | 8,530 | 3,870 | 14,494 | 1,077 | -1,694 | -3,597 | 37 | 347 | -1,129 | |||||
| Tax | -365 | -1,730 | 26 | 160 | |||||||||||
| Profit After Tax | 11,251 | 8,530 | 3,505 | 12,764 | 1,077 | -1,694 | -3,597 | 63 | 507 | -1,129 | |||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 11,251 | 8,530 | 3,505 | 12,764 | 1,077 | -1,694 | -3,597 | 63 | 507 | -1,129 | |||||
| Employee Costs | 55,157 | 46,776 | |||||||||||||
| Number Of Employees | 6 | 4 | 6 | 5 | 6 | 4 | 4 | 4 | |||||||
| EBITDA* | 91,052 | 83,370 | 3,870 | 14,494 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,759,443 | 1,619,410 | 1,517,165 | 1,127,143 | 378,060 | ||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,759,443 | 1,619,410 | 1,517,165 | 1,127,143 | 378,060 | ||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 2,100 | 5,034 | 172,851 | 87,645 | 39,719 | 6,768 | 4,063 | 146 | 6,786 | 480 | 353 | ||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 7,249 | 9,939 | 284 | 12,628 | 16,342 | 880 | |||||||||
| Cash | 112,874 | 111,497 | 353,282 | 212,245 | 87,244 | 61,730 | 30,146 | 28,184 | 28,924 | 29,741 | 4,662 | 6,589 | 10,872 | 10,184 | 9,040 |
| misc current assets | 241 | 26 | |||||||||||||
| total current assets | 122,223 | 126,470 | 526,133 | 299,890 | 126,963 | 68,498 | 34,209 | 28,855 | 48,338 | 46,563 | 5,895 | 6,589 | 10,898 | 10,184 | 9,040 |
| total assets | 1,881,666 | 1,745,880 | 2,043,298 | 1,427,033 | 505,023 | 68,498 | 34,209 | 28,855 | 48,338 | 46,563 | 5,895 | 6,589 | 10,898 | 10,184 | 9,040 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 645 | 1,535 | 542,827 | 300,212 | 60,538 | 40,585 | 9,645 | 5,124 | 14,828 | ||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 8,741 | 5,412 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 123,005 | 152,434 | 7,796 | 34,919 | 27,243 | 2,480 | 1,480 | 2,192 | 1,541 | 904 | |||||
| total current liabilities | 132,391 | 159,381 | 542,827 | 300,212 | 60,538 | 40,585 | 9,645 | 7,796 | 40,043 | 42,071 | 2,480 | 1,480 | 2,192 | 1,541 | 904 |
| loans | 46,983 | 38,588 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,588,518 | 1,445,388 | 1,406,478 | 1,040,655 | 408,334 | ||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,635,501 | 1,483,976 | 1,406,478 | 1,040,655 | 408,334 | ||||||||||
| total liabilities | 1,767,892 | 1,643,357 | 1,949,305 | 1,340,867 | 468,872 | 40,585 | 9,645 | 7,796 | 40,043 | 42,071 | 2,480 | 1,480 | 2,192 | 1,541 | 904 |
| net assets | 113,774 | 102,523 | 93,993 | 86,166 | 36,151 | 27,913 | 24,564 | 21,059 | 8,295 | 4,492 | 3,415 | 5,109 | 8,706 | 8,643 | 8,136 |
| total shareholders funds | 113,774 | 102,523 | 93,993 | 86,166 | 36,151 | 27,913 | 24,564 | 21,059 | 8,295 | 4,492 | 3,415 | 5,109 | 8,706 | 8,643 | 8,136 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 12,986 | 8,970 | 3,870 | 14,494 | |||||||||||
| Depreciation | 78,066 | 74,400 | 67,344 | 47,621 | |||||||||||
| Amortisation | |||||||||||||||
| Tax | -365 | -1,730 | 26 | 160 | |||||||||||
| Stock | |||||||||||||||
| Debtors | -5,624 | -157,878 | 85,206 | 47,926 | 32,951 | 2,705 | 3,633 | -18,984 | 2,592 | 15,589 | 1,233 | ||||
| Creditors | -890 | -541,292 | 242,615 | 239,674 | 19,953 | 30,940 | 9,645 | -5,124 | -9,704 | 14,828 | |||||
| Accruals and Deferred Income | -29,429 | 152,434 | -7,796 | -27,123 | 7,676 | 24,763 | 1,000 | -712 | 651 | 637 | 904 | ||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 66,357 | -147,610 | 1,721 | -499 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | 3,329 | 5,412 | |||||||||||||
| Long term loans | 8,395 | 38,588 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | 143,130 | 38,910 | 365,823 | 632,321 | 408,334 | ||||||||||
| share issue | |||||||||||||||
| interest | -1,735 | -440 | 2 | 8 | 7 | ||||||||||
| cash flow from financing | 153,119 | 82,470 | 2 | 8 | 9,272 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 1,377 | -241,785 | 141,037 | 125,001 | 25,514 | 31,584 | 1,962 | -740 | -817 | 25,079 | -1,927 | -4,283 | 688 | 1,144 | 9,040 |
| overdraft | |||||||||||||||
| change in cash | 1,377 | -241,785 | 141,037 | 125,001 | 25,514 | 31,584 | 1,962 | -740 | -817 | 25,079 | -1,927 | -4,283 | 688 | 1,144 | 9,040 |
the dornoch area community interest company Credit Report and Business Information
The Dornoch Area Community Interest Company Competitor Analysis
Perform a competitor analysis for the dornoch area community interest company by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IV25 area or any other competitors across 12 key performance metrics.
the dornoch area community interest company Ownership
THE DORNOCH AREA COMMUNITY INTEREST COMPANY group structure
The Dornoch Area Community Interest Company has no subsidiary companies.
Ultimate parent company
THE DORNOCH AREA COMMUNITY INTEREST COMPANY
SC327565
the dornoch area community interest company directors
The Dornoch Area Community Interest Company currently has 6 directors. The longest serving directors include Mr Jim McGillivray (Jun 2013) and Mr Angus Murray (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jim McGillivray | Scotland | 73 years | Jun 2013 | - | Director |
| Mr Angus Murray | United Kingdom | 71 years | Feb 2018 | - | Director |
| Mr Luke Watson | Scotland | 43 years | Aug 2021 | - | Director |
| Mr Allan McGill | Scotland | 59 years | May 2022 | - | Director |
| Mrs Emily Lacey Teagle | Scotland | 42 years | Jun 2024 | - | Director |
| Mrs Iona Currie | Scotland | 57 years | Dec 2024 | - | Director |
P&L
March 2024turnover
215.9k
+16%
operating profit
13k
+45%
gross margin
96.2%
-0.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
113.8k
+0.11%
total assets
1.9m
+0.08%
cash
112.9k
+0.01%
net assets
Total assets minus all liabilities
the dornoch area community interest company company details
company number
SC327565
Type
Private Ltd By Guarantee w/o Share Cap
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
94990 - Activities of other membership organisations n.e.c.
incorporation date
July 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
GOLDWELLS LTD
auditor
-
address
the dornoch hub argyle street, dornoch, IV25 3LA
Bank
-
Legal Advisor
-
the dornoch area community interest company 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 the dornoch area community interest company. Currently there are 3 open charges and 0 have been satisfied in the past.
the dornoch area community interest company 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 THE DORNOCH AREA COMMUNITY INTEREST COMPANY. This can take several minutes, an email will notify you when this has completed.
the dornoch area community interest company Companies House Filings - See Documents
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