richard irvin fm limited
richard irvin fm limited Company Information
Company Number
11454668
Website
www.richard-irvin.comRegistered Address
spring lodge 172 chester road, helsby, cheshire, WA6 0AR
Industry
Combined facilities support activities
Telephone
448458902020
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
rsk environment limited 100%
richard irvin fm limited Estimated Valuation
Pomanda estimates the enterprise value of RICHARD IRVIN FM LIMITED at £22.8m based on a Turnover of £34.2m and 0.67x industry multiple (adjusted for size and gross margin).
richard irvin fm limited Estimated Valuation
Pomanda estimates the enterprise value of RICHARD IRVIN FM LIMITED at £1.2m based on an EBITDA of £207k and a 5.75x industry multiple (adjusted for size and gross margin).
richard irvin fm limited Estimated Valuation
Pomanda estimates the enterprise value of RICHARD IRVIN FM LIMITED at £5m based on Net Assets of £2.1m and 2.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Richard Irvin Fm Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Richard Irvin Fm Limited Overview
Richard Irvin Fm Limited is a live company located in cheshire, WA6 0AR with a Companies House number of 11454668. It operates in the combined facilities support activities sector, SIC Code 81100. Founded in July 2018, it's largest shareholder is rsk environment limited with a 100% stake. Richard Irvin Fm Limited is a young, large sized company, Pomanda has estimated its turnover at £34.2m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Richard Irvin Fm Limited Health Check
Pomanda's financial health check has awarded Richard Irvin Fm Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £34.2m, make it larger than the average company (£9.1m)
£34.2m - Richard Irvin Fm Limited
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (4.9%)
52% - Richard Irvin Fm Limited
4.9% - Industry AVG
Production
with a gross margin of 19.6%, this company has a comparable cost of product (18.4%)
19.6% - Richard Irvin Fm Limited
18.4% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (3.7%)
0% - Richard Irvin Fm Limited
3.7% - Industry AVG
Employees
with 218 employees, this is similar to the industry average (183)
218 - Richard Irvin Fm Limited
183 - Industry AVG
Pay Structure
on an average salary of £17.8k, the company has a lower pay structure (£28.9k)
£17.8k - Richard Irvin Fm Limited
£28.9k - Industry AVG
Efficiency
resulting in sales per employee of £156.9k, this is more efficient (£79.1k)
£156.9k - Richard Irvin Fm Limited
£79.1k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (36 days)
49 days - Richard Irvin Fm Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (20 days)
38 days - Richard Irvin Fm Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Richard Irvin Fm Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (23 weeks)
0 weeks - Richard Irvin Fm Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.5%, this is a similar level of debt than the average (72.9%)
73.5% - Richard Irvin Fm Limited
72.9% - Industry AVG
richard irvin fm limited Credit Report and Business Information
Richard Irvin Fm Limited Competitor Analysis
Perform a competitor analysis for richard irvin fm limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
richard irvin fm limited Ownership
RICHARD IRVIN FM LIMITED group structure
Richard Irvin Fm Limited has no subsidiary companies.
Ultimate parent company
2 parents
RICHARD IRVIN FM LIMITED
11454668
richard irvin fm limited directors
Richard Irvin Fm Limited currently has 6 directors. The longest serving directors include Mr Philip Emmerson (May 2019) and Mr Christopher Campbell (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Emmerson | England | 52 years | May 2019 | - | Director |
| Mr Christopher Campbell | United Kingdom | 42 years | May 2019 | - | Director |
| Dr Alasdair Ryder | England | 62 years | Feb 2023 | - | Director |
| Dr George Tuckwell | England | 50 years | Feb 2023 | - | Director |
| Mrs Abigail Draper | United Kingdom | 53 years | Feb 2023 | - | Director |
| Mr Stuart Lawrie | United Kingdom | 46 years | Jan 2024 | - | Director |
RICHARD IRVIN FM LIMITED financials
Richard Irvin Fm Limited's latest turnover from March 2023 is £34.2 million and the company has net assets of £2.1 million. According to their latest financial statements, Richard Irvin Fm Limited has 218 employees and maintains cash reserves of £79.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Dec 2021 | Dec 2020 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Turnover | 34,204,759 | 28,251,779 | 9,733,663 | 23,038,303 | 19,123,334 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 27,514,193 | 22,911,733 | 7,689,791 | 19,270,031 | 14,987,631 |
| Gross Profit | 6,690,566 | 5,340,046 | 2,043,872 | 3,768,272 | 4,135,703 |
| Admin Expenses | 6,694,672 | 4,449,133 | 1,951,080 | 4,834,354 | 869,372 |
| Operating Profit | -4,106 | 890,913 | 92,792 | -1,066,082 | 3,266,331 |
| Interest Payable | 90,746 | 118,244 | 39,871 | 134,943 | 97,836 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -94,852 | 772,669 | 52,921 | -1,201,025 | 3,168,495 |
| Tax | 0 | -164,000 | -12,000 | 180,588 | -630,148 |
| Profit After Tax | -94,852 | 608,669 | 40,921 | -1,020,437 | 2,538,347 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -94,852 | 608,669 | 40,921 | -1,020,437 | 2,538,347 |
| Employee Costs | 3,885,344 | 12,083,449 | 4,646,109 | 9,006,077 | 7,907,964 |
| Number Of Employees | 218 | 273 | 268 | 294 | 331 |
| EBITDA* | 206,958 | 990,686 | 155,721 | -616,384 | 577,393 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Dec 2021 | Dec 2020 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 91,291 | 170,097 | 300,872 | 320,030 | 565,772 |
| Intangible Assets | 112,430 | 125,002 | 71,144 | 80,752 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 203,721 | 295,099 | 372,016 | 400,782 | 565,772 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,595,472 | 5,479,347 | 3,869,305 | 3,836,177 | 6,651,066 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,942,891 | 1,870,326 | 1,653,326 | 1,351,808 | 1,163,626 |
| Cash | 79,227 | 666,459 | 952,042 | 2,622,393 | 476,532 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,617,590 | 8,016,132 | 6,474,673 | 7,810,378 | 8,291,224 |
| total assets | 7,821,311 | 8,311,231 | 6,846,689 | 8,211,160 | 8,856,996 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,895,468 | 2,621,441 | 1,577,554 | 1,728,221 | 1,833,162 |
| Group/Directors Accounts | 386,939 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 500,000 | 0 | 1,000,000 | 1,250,000 |
| hp & lease commitments | 0 | 0 | 10,402 | 33,646 | 102,677 |
| other current liabilities | 2,466,247 | 3,022,281 | 3,199,893 | 3,891,733 | 3,093,160 |
| total current liabilities | 5,748,654 | 6,143,722 | 4,787,849 | 6,653,600 | 6,278,999 |
| loans | 0 | 0 | 500,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 39,641 | 39,641 |
| total long term liabilities | 0 | 0 | 500,000 | 39,641 | 39,641 |
| total liabilities | 5,748,654 | 6,143,722 | 5,287,849 | 6,693,241 | 6,318,640 |
| net assets | 2,072,657 | 2,167,509 | 1,558,840 | 1,517,919 | 2,538,356 |
| total shareholders funds | 2,072,657 | 2,167,509 | 1,558,840 | 1,517,919 | 2,538,356 |
| Mar 2023 | Dec 2021 | Dec 2020 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -4,106 | 890,913 | 92,792 | -1,066,082 | 3,266,331 |
| Depreciation | 102,271 | 92,087 | 53,321 | 449,698 | 246,261 |
| Amortisation | 108,793 | 7,686 | 9,608 | 0 | -2,935,199 |
| Tax | 0 | -164,000 | -12,000 | 180,588 | -630,148 |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 7,538,363 | 1,827,042 | -2,292,061 | -2,626,707 | 7,814,692 |
| Creditors | 2,895,468 | 1,043,887 | -255,608 | -104,941 | 1,833,162 |
| Accruals and Deferred Income | 2,466,247 | -177,612 | 106,733 | 798,573 | 3,093,160 |
| Deferred Taxes & Provisions | 0 | 0 | -39,641 | 0 | 39,641 |
| Cash flow from operations | -1,969,690 | -134,081 | 2,247,266 | 2,884,543 | -2,901,484 |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | -1,123,014 | |
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | -1,123,014 | |
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 386,939 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 500,000 | -1,250,000 | -250,000 | 1,250,000 |
| Long term loans | 0 | -500,000 | 500,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -10,402 | -92,275 | -69,031 | 102,677 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -90,746 | -118,244 | -39,871 | -134,943 | -97,836 |
| cash flow from financing | 2,463,702 | -128,646 | -1,902,583 | -453,974 | 1,254,850 |
| cash and cash equivalents | |||||
| cash | 79,227 | -285,583 | 475,510 | 2,145,861 | 476,532 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 79,227 | -285,583 | 475,510 | 2,145,861 | 476,532 |
P&L
March 2023turnover
34.2m
0%
operating profit
-4.1k
0%
gross margin
19.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.1m
0%
total assets
7.8m
0%
cash
79.2k
0%
net assets
Total assets minus all liabilities
richard irvin fm limited company details
company number
11454668
Type
Private limited with Share Capital
industry
81100 - Combined facilities support activities
incorporation date
July 2018
age
6
accounts
Full Accounts
ultimate parent company
previous names
daiden limited (December 2018)
incorporated
UK
address
spring lodge 172 chester road, helsby, cheshire, WA6 0AR
last accounts submitted
March 2023
richard irvin fm 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 2 charges/mortgages relating to richard irvin fm limited. Currently there are 1 open charges and 1 have been satisfied in the past.
richard irvin fm limited Companies House Filings - See Documents
| date | description | view/download |
|---|
