drakemyre properties limited
drakemyre properties limited Company Information
Company Number
SC540411
Website
-Registered Address
11 drakemyre, dalry, KA24 5JD
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Gary Watson7 Years
Shareholders
gary watson 50%
tpmn investment pty ltd 33.4%
View Alldrakemyre properties limited Estimated Valuation
Pomanda estimates the enterprise value of DRAKEMYRE PROPERTIES LIMITED at £2.5m based on a Turnover of £1.1m and 2.34x industry multiple (adjusted for size and gross margin).
drakemyre properties limited Estimated Valuation
Pomanda estimates the enterprise value of DRAKEMYRE PROPERTIES LIMITED at £0 based on an EBITDA of £-75.3k and a 4.95x industry multiple (adjusted for size and gross margin).
drakemyre properties limited Estimated Valuation
Pomanda estimates the enterprise value of DRAKEMYRE PROPERTIES LIMITED at £128.8k based on Net Assets of £130.1k and 0.99x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Drakemyre Properties Limited Overview
Drakemyre Properties Limited is a live company located in dalry, KA24 5JD with a Companies House number of SC540411. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2016, it's largest shareholder is gary watson with a 50% stake. Drakemyre Properties Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.
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Drakemyre Properties Limited Health Check
Pomanda's financial health check has awarded Drakemyre Properties Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £1.1m, make it larger than the average company (£839k)
- Drakemyre Properties Limited
£839k - Industry AVG
Growth
3 year (CAGR) sales growth of 66%, show it is growing at a faster rate (2.3%)
- Drakemyre Properties Limited
2.3% - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (72.9%)
- Drakemyre Properties Limited
72.9% - Industry AVG
Profitability
an operating margin of -7.5% make it less profitable than the average company (27.1%)
- Drakemyre Properties Limited
27.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Drakemyre Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Drakemyre Properties Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £350.8k, this is more efficient (£183.1k)
- Drakemyre Properties Limited
£183.1k - Industry AVG
Debtor Days
it gets paid by customers after 119 days, this is later than average (32 days)
- Drakemyre Properties Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 313 days, this is slower than average (36 days)
- Drakemyre Properties Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Drakemyre Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Drakemyre Properties Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83%, this is a higher level of debt than the average (67.5%)
83% - Drakemyre Properties Limited
67.5% - Industry AVG
DRAKEMYRE PROPERTIES LIMITED financials
Drakemyre Properties Limited's latest turnover from June 2023 is estimated at £1.1 million and the company has net assets of £130.1 thousand. According to their latest financial statements, Drakemyre Properties Limited has 3 employees and maintains cash reserves of £4.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 19,076 | 19,285 | 5,713 | 202,357 | 216,169 | 755,584 | 659,028 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 399,081 | 387,750 | 823,995 | 427,250 | 517,250 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 418,157 | 407,035 | 829,708 | 629,607 | 733,419 | 755,584 | 659,028 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 231,190 | 0 | 0 |
| Trade Debtors | 344,409 | 2,288 | 13,821 | 176 | 0 | 47 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,346 | 588,972 | 3,449 | 30,409 | 1,089 | 2,270 | 1,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 348,755 | 591,260 | 17,270 | 30,585 | 232,279 | 2,317 | 1,000 |
| total assets | 766,912 | 998,295 | 846,978 | 660,192 | 965,698 | 757,901 | 660,028 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 633,012 | 789,237 | 822,150 | 643,064 | 1,019,176 | 460 | 2,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 781,197 | 656,438 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 633,012 | 789,237 | 822,150 | 643,064 | 1,019,176 | 781,657 | 658,438 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 15,164 | 20,771 | 27,000 | 0 | 0 | 0 |
| provisions | 3,835 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,835 | 15,164 | 20,771 | 27,000 | 0 | 0 | 0 |
| total liabilities | 636,847 | 804,401 | 842,921 | 670,064 | 1,019,176 | 781,657 | 658,438 |
| net assets | 130,065 | 193,894 | 4,057 | -9,872 | -53,478 | -23,756 | 1,590 |
| total shareholders funds | 130,065 | 193,894 | 4,057 | -9,872 | -53,478 | -23,756 | 1,590 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 3,409 | 6,428 | 1,904 | 22,141 | 22,165 | 26,993 | 16,437 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | -231,190 | 231,190 | 0 | 0 |
| Debtors | 342,121 | -11,533 | 13,645 | 176 | -47 | 47 | 0 |
| Creditors | -156,225 | -32,913 | 179,086 | -376,112 | 1,018,716 | -1,540 | 2,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 3,835 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 11,331 | -436,245 | 396,745 | -90,000 | 517,250 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -781,197 | 124,759 | 656,438 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -15,164 | -5,607 | -6,229 | 27,000 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -584,626 | 585,523 | -26,960 | 29,320 | -1,181 | 1,270 | 1,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -584,626 | 585,523 | -26,960 | 29,320 | -1,181 | 1,270 | 1,000 |
drakemyre properties limited Credit Report and Business Information
Drakemyre Properties Limited Competitor Analysis
Perform a competitor analysis for drakemyre properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in KA24 area or any other competitors across 12 key performance metrics.
drakemyre properties limited Ownership
DRAKEMYRE PROPERTIES LIMITED group structure
Drakemyre Properties Limited has 1 subsidiary company.
Ultimate parent company
DRAKEMYRE PROPERTIES LIMITED
SC540411
1 subsidiary
drakemyre properties limited directors
Drakemyre Properties Limited currently has 1 director, Mr Gary Watson serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Watson | Scotland | 56 years | Feb 2017 | - | Director |
P&L
June 2023turnover
1.1m
+341%
operating profit
-78.7k
0%
gross margin
30%
+5.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
130.1k
-0.33%
total assets
766.9k
-0.23%
cash
4.3k
-0.99%
net assets
Total assets minus all liabilities
Similar Companies
drakemyre properties limited company details
company number
SC540411
Type
Private limited with Share Capital
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.
incorporation date
July 2016
age
8
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
11 drakemyre, dalry, KA24 5JD
accountant
MCDOUGALL JOHNSTONE
auditor
-
drakemyre properties 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 1 charges/mortgages relating to drakemyre properties limited. Currently there are 0 open charges and 1 have been satisfied in the past.
drakemyre properties limited Companies House Filings - See Documents
| date | description | view/download |
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