clarence dornoch ltd

clarence dornoch ltd Company Information

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Company Number

SC608739

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Shareholders

dornoch developments limited

Group Structure

View All

Contact

Registered Address

oldtown of leys house culduthel, inverness, inverness-shire, IV2 6AE

Website

-

clarence dornoch ltd Estimated Valuation

£659.2k

Pomanda estimates the enterprise value of CLARENCE DORNOCH LTD at £659.2k based on a Turnover of £280k and 2.35x industry multiple (adjusted for size and gross margin).

clarence dornoch ltd Estimated Valuation

£45.9k

Pomanda estimates the enterprise value of CLARENCE DORNOCH LTD at £45.9k based on an EBITDA of £9.5k and a 4.85x industry multiple (adjusted for size and gross margin).

clarence dornoch ltd Estimated Valuation

£17.8k

Pomanda estimates the enterprise value of CLARENCE DORNOCH LTD at £17.8k based on Net Assets of £10.3k and 1.74x industry multiple (adjusted for liquidity).

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Clarence Dornoch Ltd Overview

Clarence Dornoch Ltd is a live company located in inverness-shire, IV2 6AE with a Companies House number of SC608739. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2018, it's largest shareholder is dornoch developments limited with a 100% stake. Clarence Dornoch Ltd is a young, micro sized company, Pomanda has estimated its turnover at £280k with rapid growth in recent years.

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Clarence Dornoch Ltd Health Check

Pomanda's financial health check has awarded Clarence Dornoch Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £280k, make it smaller than the average company (£1m)

£280k - Clarence Dornoch Ltd

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (3.6%)

33% - Clarence Dornoch Ltd

3.6% - Industry AVG

production

Production

with a gross margin of 27%, this company has a higher cost of product (71.1%)

27% - Clarence Dornoch Ltd

71.1% - Industry AVG

profitability

Profitability

an operating margin of 3.4% make it less profitable than the average company (22.1%)

3.4% - Clarence Dornoch Ltd

22.1% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (4)

3 - Clarence Dornoch Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33k, the company has an equivalent pay structure (£33k)

£33k - Clarence Dornoch Ltd

£33k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £93.3k, this is less efficient (£202.7k)

£93.3k - Clarence Dornoch Ltd

£202.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Clarence Dornoch Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 497 days, this is slower than average (35 days)

497 days - Clarence Dornoch Ltd

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Clarence Dornoch Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Clarence Dornoch Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.4%, this is a higher level of debt than the average (70.6%)

96.4% - Clarence Dornoch Ltd

70.6% - Industry AVG

CLARENCE DORNOCH LTD financials

EXPORTms excel logo

Clarence Dornoch Ltd's latest turnover from December 2023 is estimated at £280 thousand and the company has net assets of £10.3 thousand. According to their latest financial statements, Clarence Dornoch Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Sep 2019
Turnover279,981276,793128,483117,85941,057
Other Income Or Grants00000
Cost Of Sales204,375208,35697,59088,98229,198
Gross Profit75,60668,43730,89328,87711,858
Admin Expenses66,14159,68122,97432,88918,180
Operating Profit9,4658,7567,919-4,012-6,322
Interest Payable00000
Interest Receivable00000
Pre-Tax Profit9,4658,7567,919-4,012-6,322
Tax-2,366-1,664-1,50500
Profit After Tax7,0997,0926,414-4,012-6,322
Dividends Paid00000
Retained Profit7,0997,0926,414-4,012-6,322
Employee Costs98,95693,64890,45528,36528,587
Number Of Employees33311
EBITDA*9,4658,7567,9191,548-3,051

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Sep 2019
Tangible Assets287,822290,433293,505297,11929,655
Intangible Assets00000
Investments & Other0000273,024
Debtors (Due After 1 year)00000
Total Fixed Assets287,822290,433293,505297,119302,679
Stock & work in progress00000
Trade Debtors001841,0280
Group Debtors00000
Misc Debtors1,0291,900002,762
Cash00000
misc current assets00000
total current assets1,0291,9001841,0282,762
total assets288,851292,333293,689298,147305,441
Bank overdraft00000
Bank loan00000
Trade Creditors 278,580289,161297,609308,48131,247
Group/Directors Accounts0000268,606
other short term finances00000
hp & lease commitments00000
other current liabilities00001,800
total current liabilities278,580289,161297,609308,481301,653
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities00000
provisions000010,109
total long term liabilities000010,109
total liabilities278,580289,161297,609308,481311,762
net assets10,2713,172-3,920-10,334-6,321
total shareholders funds10,2713,172-3,920-10,334-6,321
Dec 2023Dec 2022Dec 2021Dec 2020Sep 2019
Operating Activities
Operating Profit9,4658,7567,919-4,012-6,322
Depreciation0005,5603,271
Amortisation00000
Tax-2,366-1,664-1,50500
Stock00000
Debtors-8711,716-844-1,7342,762
Creditors-10,581-8,448-10,872277,23431,247
Accruals and Deferred Income000-1,8001,800
Deferred Taxes & Provisions000-10,10910,109
Cash flow from operations-2,611-3,072-3,614268,60737,343
Investing Activities
capital expenditure2,6113,0723,614-273,024-32,926
Change in Investments000-273,024273,024
cash flow from investments2,6113,0723,6140-305,950
Financing Activities
Bank loans00000
Group/Directors Accounts000-268,606268,606
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities00000
share issue000-11
interest00000
cash flow from financing000-268,607268,607
cash and cash equivalents
cash00000
overdraft00000
change in cash00000

clarence dornoch ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Clarence Dornoch Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for clarence dornoch ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IV2 area or any other competitors across 12 key performance metrics.

clarence dornoch ltd Ownership

CLARENCE DORNOCH LTD group structure

Clarence Dornoch Ltd has no subsidiary companies.

Ultimate parent company

1 parent

CLARENCE DORNOCH LTD

SC608739

CLARENCE DORNOCH LTD Shareholders

dornoch developments limited 100%

clarence dornoch ltd directors

Clarence Dornoch Ltd currently has 3 directors. The longest serving directors include Mr George Fraser (Sep 2018) and Ms Caroline Clayton (Sep 2018).

officercountryagestartendrole
Mr George Fraser70 years Sep 2018- Director
Ms Caroline ClaytonScotland49 years Sep 2018- Director
Mr David Sutherland75 years Sep 2018- Director

P&L

December 2023

turnover

280k

+1%

operating profit

9.5k

0%

gross margin

27.1%

+9.22%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

10.3k

+2.24%

total assets

288.9k

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

clarence dornoch ltd company details

company number

SC608739

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

September 2018

age

6

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

oldtown of leys house culduthel, inverness, inverness-shire, IV2 6AE

Bank

-

Legal Advisor

-

clarence dornoch ltd 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 clarence dornoch ltd.

clarence dornoch ltd 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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clarence dornoch ltd Companies House Filings - See Documents

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