rio tinto western holdings limited

rio tinto western holdings limited Company Information

Share RIO TINTO WESTERN HOLDINGS LIMITED
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MatureMegaDeclining

Company Number

00007132

Industry

Activities of head offices

 

Directors

John Kiddle

Matthew Cox

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Shareholders

rio tinto european holdings limited

rio tinto nominees limited

Group Structure

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Contact

Registered Address

6 st james's square, london, SW1Y 4AD

rio tinto western holdings limited Estimated Valuation

£310m

Pomanda estimates the enterprise value of RIO TINTO WESTERN HOLDINGS LIMITED at £310m based on a Turnover of £352m and 0.88x industry multiple (adjusted for size and gross margin).

rio tinto western holdings limited Estimated Valuation

£3.5b

Pomanda estimates the enterprise value of RIO TINTO WESTERN HOLDINGS LIMITED at £3.5b based on an EBITDA of £528.6m and a 6.54x industry multiple (adjusted for size and gross margin).

rio tinto western holdings limited Estimated Valuation

£16.5b

Pomanda estimates the enterprise value of RIO TINTO WESTERN HOLDINGS LIMITED at £16.5b based on Net Assets of £7.7b and 2.13x industry multiple (adjusted for liquidity).

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Rio Tinto Western Holdings Limited Overview

Rio Tinto Western Holdings Limited is a live company located in london, SW1Y 4AD with a Companies House number of 00007132. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 1873, it's largest shareholder is rio tinto european holdings limited with a 100% stake. Rio Tinto Western Holdings Limited is a mature, mega sized company, Pomanda has estimated its turnover at £352m with declining growth in recent years.

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Rio Tinto Western Holdings Limited Health Check

Pomanda's financial health check has awarded Rio Tinto Western Holdings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

annual sales of £352m, make it larger than the average company (£20.3m)

£352m - Rio Tinto Western Holdings Limited

£20.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (7.4%)

-27% - Rio Tinto Western Holdings Limited

7.4% - Industry AVG

production

Production

with a gross margin of 18.8%, this company has a higher cost of product (33.6%)

18.8% - Rio Tinto Western Holdings Limited

33.6% - Industry AVG

profitability

Profitability

an operating margin of 150.2% make it more profitable than the average company (5.9%)

150.2% - Rio Tinto Western Holdings Limited

5.9% - Industry AVG

employees

Employees

with 797 employees, this is above the industry average (111)

797 - Rio Tinto Western Holdings Limited

111 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Rio Tinto Western Holdings Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £441.6k, this is more efficient (£205.9k)

£441.6k - Rio Tinto Western Holdings Limited

£205.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Rio Tinto Western Holdings Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Rio Tinto Western Holdings Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rio Tinto Western Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rio Tinto Western Holdings Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 26.2%, this is a lower level of debt than the average (55.4%)

26.2% - Rio Tinto Western Holdings Limited

55.4% - Industry AVG

RIO TINTO WESTERN HOLDINGS LIMITED financials

EXPORTms excel logo

Rio Tinto Western Holdings Limited's latest turnover from December 2023 is £352 million and the company has net assets of £7.7 billion. According to their latest financial statements, we estimate that Rio Tinto Western Holdings Limited has 797 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover351,979,411625,236,545822,337,418911,535,945690,557,53400000251,400,2871,369,632,610791,504,5181,546,670,914661,882,177
Other Income Or Grants000000000000000
Cost Of Sales285,781,058507,484,868674,387,471744,705,995562,512,92900000208,464,7101,139,380,262657,501,9191,282,206,7740
Gross Profit66,198,353117,751,677147,949,947166,829,950128,044,6050000042,935,577230,252,348134,002,599264,464,1400
Admin Expenses-462,368,435-701,212,535-975,275,311-1,047,925,205-825,321,975-29,727,321-724,936,5315,272,27567,718,353261,719,652-206,391,634-1,132,104,357-642,353,182-1,282,206,774-502,924,988
Operating Profit528,566,788818,964,2121,123,225,2581,214,755,155953,366,58029,727,321724,936,531-5,272,275-67,718,353-261,719,652249,327,2111,362,356,705776,355,7811,546,670,914502,924,988
Interest Payable165,770,94867,368,10225,918,94440,706,549103,947,08160,679,6120000782,858623,96962,661161,198159,960,684
Interest Receivable19,680,5693,027,779000758,4951,602,17800769,763209,0661,709,6491,635,116457,4708,112,830
Pre-Tax Profit163,500,114450,382,257776,782,909856,291,343584,429,745-80,400,485587,198,590-5,272,275-67,718,353-260,949,88823,829,6211,363,442,385777,928,2371,546,967,187351,077,134
Tax7,569,45012,111,1204,712,5357,269,02731,983,717000000-659,5871,978,76100
Profit After Tax171,069,563462,493,377781,495,445863,560,369616,413,462-80,400,485587,198,590-5,272,275-67,718,353-260,949,88823,829,6211,362,782,798779,906,9981,546,967,187351,077,134
Dividends Paid00822,337,4180000000892,275,629001,146,862,0582,221,667,499
Retained Profit171,069,563462,493,377-40,841,973863,560,369616,413,462-80,400,485587,198,590-5,272,275-67,718,353-260,949,888-868,446,0081,362,782,798779,906,998400,105,129-1,870,590,364
Employee Costs000000000000000
Number Of Employees7971,5102,2442,5711,878111118084,4742,60943
EBITDA*528,566,788818,964,2121,123,225,2581,230,020,111953,366,58029,727,321724,936,531-5,272,275-2,308,580-261,719,652249,327,2111,362,356,705776,355,7811,546,670,914502,924,988

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other9,833,472,1079,763,833,1699,476,908,5778,770,807,5898,770,807,5899,152,002,4276,219,658,7365,847,706,5605,974,605,6185,976,445,2314,794,863,2285,083,689,0715,083,689,0714,916,803,4414,815,853,095
Debtors (Due After 1 year)000000000000000
Total Fixed Assets9,833,472,1079,763,833,1699,476,908,5778,770,807,5898,770,807,5899,152,002,4276,219,658,7365,847,706,5605,974,605,6185,976,445,2314,794,863,2285,083,689,0715,083,689,0714,916,803,4414,815,853,095
Stock & work in progress000000000000000
Trade Debtors000000000000000
Group Debtors669,139,353401,937,7794,712,53502,180,708758,49553,672,99594,900,95696,190,842162,420,137358,756,0241,035,941,5602,234,205,5271,446,474,036980,001,872
Misc Debtors0007,269,02620,353,27400000001,978,76100
Cash000000000000000
misc current assets000000000000000
total current assets669,139,354401,937,7794,712,5357,269,02722,533,983758,49553,672,99594,900,95796,190,843162,420,137358,756,0241,035,941,5612,236,184,2891,446,474,036980,001,872
total assets10,502,611,46010,165,770,9489,481,621,1128,778,076,6168,793,341,5729,152,760,9226,273,331,7315,942,607,5176,070,796,4606,138,865,3685,153,619,2526,119,630,6317,319,873,3596,363,277,4775,795,854,968
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 000000000000000
Group/Directors Accounts00223,845,429172,275,932139,565,31245,509,70916,021,7909,038,1863,078,1071,539,5271,630,84522,555,900045,824,1480
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities00223,845,429172,275,932139,565,31245,509,70916,021,7909,038,1863,078,1071,539,5271,630,84522,555,900045,824,1480
loans2,753,765,8012,587,994,8522,632,736,4122,436,577,7422,436,577,7423,263,046,116000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities2,753,765,8012,587,994,8532,632,736,4122,436,577,7422,436,577,7423,263,046,117000000000
total liabilities2,753,765,8012,587,994,8532,856,581,8412,608,853,6742,576,143,0543,308,555,82516,021,7909,038,1863,078,1071,539,5271,630,84522,555,900045,824,1480
net assets7,748,845,6597,577,776,0966,625,039,2716,169,222,9416,217,198,5175,844,205,0976,257,309,9425,933,569,3306,067,718,3536,137,325,8415,151,988,4076,097,074,7317,319,873,3596,317,453,3295,795,854,968
total shareholders funds7,748,845,6597,577,776,0966,625,039,2716,169,222,9416,217,198,5175,844,205,0976,257,309,9425,933,569,3306,067,718,3536,137,325,8415,151,988,4076,097,074,7317,319,873,3596,317,453,3295,795,854,968
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit528,566,788818,964,2121,123,225,2581,214,755,155953,366,58029,727,321724,936,531-5,272,275-67,718,353-261,719,652249,327,2111,362,356,705776,355,7811,546,670,914502,924,988
Depreciation00015,264,956000065,409,773000000
Amortisation000000000000000
Tax7,569,45012,111,1204,712,5357,269,02731,983,717000000-659,5871,978,76100
Stock000000000000000
Debtors267,201,574397,225,244-2,556,491-15,264,95621,775,487-52,914,500-41,227,961-1,289,886-66,229,295-196,335,887-677,185,536-1,200,242,728789,710,252466,472,164980,001,872
Creditors000000000000000
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations268,934,664433,850,0881,130,494,2841,252,554,094963,574,81082,641,821766,164,492-3,982,38963,920,715-65,383,765926,512,7472,561,939,846-11,375,7101,080,198,750-477,076,884
Investing Activities
capital expenditure000-15,264,9560000-65,409,773000000
Change in Investments69,638,937286,924,593706,100,9880-381,194,8382,932,343,691371,952,176-126,899,057-1,839,6141,181,582,003-288,825,8430166,885,630100,950,3454,815,853,095
cash flow from investments-69,638,937-286,924,593-706,100,988-15,264,956381,194,838-2,932,343,691-371,952,176126,899,057-63,570,159-1,181,582,003288,825,8430-166,885,630-100,950,345-4,815,853,095
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0-223,845,42951,569,49732,710,62094,055,60329,487,9196,983,6035,960,0791,538,580-91,318-20,925,05522,555,900-45,824,14845,824,1480
Other Short Term Loans 000000000000000
Long term loans165,770,949-44,741,560196,158,6700-826,468,3743,263,046,116000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0490,243,448496,658,303-911,535,945-243,420,042-332,704,359-263,457,979-128,876,748-1,889,1351,246,287,322-76,640,316-2,585,581,426222,513,032121,493,2337,666,445,332
interest-146,090,379-64,340,323-25,918,944-40,706,549-103,947,081-59,921,1171,602,17800769,763-573,7921,085,6801,572,455296,272-151,847,854
cash flow from financing19,680,570157,316,136718,467,526-919,531,874-1,079,779,8942,899,908,559-254,872,198-122,916,669-350,5551,246,965,767-98,139,163-2,561,939,846178,261,339167,613,6537,514,597,478
cash and cash equivalents
cash000000000000000
overdraft000000000000000
change in cash000000000000000

rio tinto western holdings limited 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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Rio Tinto Western Holdings Limited Competitor Analysis

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Perform a competitor analysis for rio tinto western holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in SW1Y area or any other competitors across 12 key performance metrics.

rio tinto western holdings limited Ownership

RIO TINTO WESTERN HOLDINGS LIMITED group structure

Rio Tinto Western Holdings Limited has 3 subsidiary companies.

RIO TINTO WESTERN HOLDINGS LIMITED Shareholders

rio tinto european holdings limited 100%
rio tinto nominees limited 0%

rio tinto western holdings limited directors

Rio Tinto Western Holdings Limited currently has 3 directors. The longest serving directors include Mr John Kiddle (Apr 2019) and Mr Matthew Cox (Jan 2021).

officercountryagestartendrole
Mr John Kiddle52 years Apr 2019- Director
Mr Matthew CoxUnited Kingdom48 years Jan 2021- Director
Mr Michael Pasmore43 years Mar 2024- Director

P&L

December 2023

turnover

352m

-44%

operating profit

528.6m

0%

gross margin

18.9%

-0.14%

turnover

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

Balance Sheet

December 2023

net assets

7.7b

+0.02%

total assets

10.5b

+0.03%

cash

0

0%

net assets

Total assets minus all liabilities

rio tinto western holdings limited company details

company number

00007132

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

March 1873

age

152

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

rtz western holdings limited (June 1997)

r.t.z. united kingdom holdings limited (November 1990)

accountant

-

auditor

-

address

6 st james's square, london, SW1Y 4AD

Bank

-

Legal Advisor

-

rio tinto western holdings 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 rio tinto western holdings limited. Currently there are 2 open charges and 0 have been satisfied in the past.

rio tinto western holdings 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.

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rio tinto western holdings limited Companies House Filings - See Documents

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