drs systems limited
drs systems limited Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
19 wellpark road, banknock, bonnybridge, FK4 1TP
Website
www.drs.comdrs systems limited Estimated Valuation
Pomanda estimates the enterprise value of DRS SYSTEMS LIMITED at £26.4k based on a Turnover of £54.2k and 0.49x industry multiple (adjusted for size and gross margin).
drs systems limited Estimated Valuation
Pomanda estimates the enterprise value of DRS SYSTEMS LIMITED at £21k based on an EBITDA of £6.5k and a 3.2x industry multiple (adjusted for size and gross margin).
drs systems limited Estimated Valuation
Pomanda estimates the enterprise value of DRS SYSTEMS LIMITED at £41 based on Net Assets of £21 and 1.96x industry multiple (adjusted for liquidity).
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Drs Systems Limited Overview
Drs Systems Limited is a live company located in bonnybridge, FK4 1TP with a Companies House number of SC434641. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in October 2012, it's largest shareholder is derek symon with a 100% stake. Drs Systems Limited is a established, micro sized company, Pomanda has estimated its turnover at £54.2k with low growth in recent years.
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Drs Systems Limited Health Check
Pomanda's financial health check has awarded Drs Systems Limited a 2 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
1 Regular
7 Weak
Size
annual sales of £54.2k, make it smaller than the average company (£937k)
- Drs Systems Limited
£937k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (3.9%)
- Drs Systems Limited
3.9% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (39.7%)
- Drs Systems Limited
39.7% - Industry AVG
Profitability
an operating margin of 12.1% make it more profitable than the average company (5.7%)
- Drs Systems Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
1 - Drs Systems Limited
16 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has an equivalent pay structure (£29.6k)
- Drs Systems Limited
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £54.2k, this is less efficient (£85.5k)
- Drs Systems Limited
£85.5k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (31 days)
- Drs Systems Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 127 days, this is slower than average (38 days)
- Drs Systems Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Drs Systems Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Drs Systems Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (49.5%)
99.9% - Drs Systems Limited
49.5% - Industry AVG
DRS SYSTEMS LIMITED financials
Drs Systems Limited's latest turnover from December 2019 is estimated at £54.2 thousand and the company has net assets of £21. According to their latest financial statements, Drs Systems Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | |||||||
| Tax | |||||||
| Profit After Tax | |||||||
| Dividends Paid | |||||||
| Retained Profit | |||||||
| Employee Costs | |||||||
| Number Of Employees | 1 | 1 | 1 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,539 | 1,137 | 338 | 451 | 685 | 914 | 1,219 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 1,539 | 1,137 | 338 | 451 | 685 | 914 | 1,219 |
| Stock & work in progress | |||||||
| Trade Debtors | 14,077 | 1,865 | 5,845 | 3,411 | 3,025 | 2,203 | 5,838 |
| Group Debtors | |||||||
| Misc Debtors | 4,636 | 3,229 | 17,146 | 12,746 | 3,005 | ||
| Cash | 2,095 | 347 | 40 | 5,641 | 10 | ||
| misc current assets | |||||||
| total current assets | 14,077 | 6,501 | 11,169 | 20,904 | 15,811 | 10,849 | 5,848 |
| total assets | 15,616 | 7,638 | 11,507 | 21,355 | 16,496 | 11,763 | 7,067 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 15,312 | 12,748 | 11,411 | 21,457 | 16,397 | 11,566 | 5,607 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 15,312 | 12,748 | 11,411 | 21,457 | 16,397 | 11,566 | 5,607 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | 283 | 172 | 48 | ||||
| other liabilities | |||||||
| provisions | 67 | 90 | |||||
| total long term liabilities | 283 | 172 | 67 | 90 | 48 | ||
| total liabilities | 15,595 | 12,920 | 11,478 | 21,547 | 16,445 | 11,566 | 5,607 |
| net assets | 21 | -5,282 | 29 | -192 | 51 | 197 | 1,460 |
| total shareholders funds | 21 | -5,282 | 29 | -192 | 51 | 197 | 1,460 |
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 113 | 229 | 305 | 406 | |||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 7,576 | -2,573 | -11,483 | 4,786 | 10,563 | -630 | 5,838 |
| Creditors | 2,564 | 1,337 | -10,046 | 5,060 | 4,831 | 5,959 | 5,607 |
| Accruals and Deferred Income | 111 | 172 | -48 | 48 | |||
| Deferred Taxes & Provisions | -67 | -23 | 90 | ||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -2,095 | 1,748 | 307 | -5,601 | 5,631 | 10 | |
| overdraft | |||||||
| change in cash | -2,095 | 1,748 | 307 | -5,601 | 5,631 | 10 |
drs systems limited Credit Report and Business Information
Drs Systems Limited Competitor Analysis
Perform a competitor analysis for drs systems limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in FK4 area or any other competitors across 12 key performance metrics.
drs systems limited Ownership
DRS SYSTEMS LIMITED group structure
Drs Systems Limited has no subsidiary companies.
Ultimate parent company
DRS SYSTEMS LIMITED
SC434641
drs systems limited directors
Drs Systems Limited currently has 1 director, Mr Derek Symon serving since Oct 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derek Symon | Scotland | 58 years | Oct 2012 | - | Director |
P&L
December 2019turnover
54.2k
+103%
operating profit
6.5k
0%
gross margin
19.1%
+0.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
21
-1%
total assets
15.6k
+1.04%
cash
0
0%
net assets
Total assets minus all liabilities
drs systems limited company details
company number
SC434641
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
October 2012
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2019
previous names
N/A
accountant
-
auditor
-
address
19 wellpark road, banknock, bonnybridge, FK4 1TP
Bank
-
Legal Advisor
-
drs systems 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 drs systems limited.
drs systems 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 DRS SYSTEMS LIMITED. This can take several minutes, an email will notify you when this has completed.
drs systems limited Companies House Filings - See Documents
| date | description | view/download |
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