Building Futures, Powering Excellence. Refurbishment and Electrical contracting services. | Djt Services

Incorporated in 2022, DJT Services Limited specialises in high-quality refurbishment and electrical contracting services. Based in Yorkshire, we deliver tailored solutions to clients across the UK, combining precision workmanship with a commitment to outstanding customer service. With a proven track record, DJT Services has built a reputation for reliability, professionalism, and excellence in every project.

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Building Futures, Powering Excellence.

At DJT Services, we’re proud to transform spaces and power progress for our clients. From complete refurbishment projects to specialist electrical installations, we approach every job with the same dedication to quality and attention to detail. Over the years, we’ve built lasting relationships with our clients by understanding their needs and delivering results that exceed expectations.

Our expertise spans a wide range of sectors, and we’re equipped to handle projects of all sizes. Whether it’s renovating commercial spaces, installing complex electrical systems, or providing ongoing maintenance, our highly skilled team is committed to achieving the best outcomes for our clients. Safety and efficiency are at the core of everything we do, ensuring that every project runs smoothly and is completed to the highest standards.

As we continue to expand, we’re seeking investment to support our working capital needs. We’re thrilled to offer you the opportunity to partner with us in delivering exceptional service across the UK.

Credit Commentary:
DJT Services is a refurbishment and electrical contractor-based business based in West Yorkshire, UK. The company specialises in refurbishment projects, electrical installations, property refits, and planned, reactive maintenance for the commercial and domestic sectors. The company was established in 2022 but the directors have been in the business for long. The shareholding is split equally between two directors, Jack Carr and Daniele Teale. The directors provide a personal guarantee, which means that should the business fail and there are insufficient assets within the business to repay the loan, we can look to the guarantor(s) to repay any shortfall. Both the directors are homeowners with good credit profiles. The company holds an Equifax report of C. There have been no CCJs for the business or the directors. Looking at the latest financials, FY 2024, the company’s turnover increased by £27K to £981.9K, and efficient management of direct costs led to an increase in the gross profit margin of 81% (FY 2023: 74%). Meanwhile, a rise in subcontracting fees led to a decline in Operating Profit margin to 7.9% (15.4%) for FY 2024. The Operating Profit stood at £77K for FY 2024. The EBIDTA of around £102K is sufficient to cover interest and the proposed loan facility. Plus, the business has a healthy pipeline for the future with some known clients in their kitty. The bank statement demonstrates reasonable affordability and accounts remain well in credit. The net gearing of the company stands at 58% and our assessment indicates a high debt service cover (>5x), moreover, the tangible net worth of the business increased by £37.7K to stand at £87K for FY2024. Considering the current mitigants the company has enough capabilities to afford and cover the proposed loan. The company will be using funds for working capital needs; purchasing vehicles and training project managers to support company growth.

DJT SERVICES

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DJT SERVICES

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