romo limited
romo limited Company Information
Company Number
00385709
Next Accounts
Sep 2025
Shareholders
romo (holdings) ltd
Group Structure
View All
Industry
Wholesale of textiles
Registered Address
romo limited oddicroft lane, sutton-in-ashfield, NG17 5FB
Website
www.romo.comromo limited Estimated Valuation
Pomanda estimates the enterprise value of ROMO LIMITED at £48.2m based on a Turnover of £64.7m and 0.75x industry multiple (adjusted for size and gross margin).
romo limited Estimated Valuation
Pomanda estimates the enterprise value of ROMO LIMITED at £42.8m based on an EBITDA of £4.3m and a 9.98x industry multiple (adjusted for size and gross margin).
romo limited Estimated Valuation
Pomanda estimates the enterprise value of ROMO LIMITED at £65.3m based on Net Assets of £46.5m and 1.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Romo Limited Overview
Romo Limited is a live company located in sutton-in-ashfield, NG17 5FB with a Companies House number of 00385709. It operates in the wholesale of textiles sector, SIC Code 46410. Founded in February 1944, it's largest shareholder is romo (holdings) ltd with a 100% stake. Romo Limited is a mature, large sized company, Pomanda has estimated its turnover at £64.7m with healthy growth in recent years.
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Romo Limited Health Check
Pomanda's financial health check has awarded Romo Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £64.7m, make it larger than the average company (£15.6m)
£64.7m - Romo Limited
£15.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.3%)
6% - Romo Limited
5.3% - Industry AVG
Production
with a gross margin of 41.6%, this company has a lower cost of product (27.9%)
41.6% - Romo Limited
27.9% - Industry AVG
Profitability
an operating margin of 3.8% make it as profitable than the average company (3.8%)
3.8% - Romo Limited
3.8% - Industry AVG
Employees
with 390 employees, this is above the industry average (47)
390 - Romo Limited
47 - Industry AVG
Pay Structure
on an average salary of £53.2k, the company has a higher pay structure (£42.3k)
£53.2k - Romo Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £165.9k, this is less efficient (£315.1k)
£165.9k - Romo Limited
£315.1k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (45 days)
22 days - Romo Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is close to average (29 days)
28 days - Romo Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 219 days, this is more than average (119 days)
219 days - Romo Limited
119 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (8 weeks)
1 weeks - Romo Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.7%, this is a lower level of debt than the average (52.4%)
19.7% - Romo Limited
52.4% - Industry AVG
ROMO LIMITED financials
Romo Limited's latest turnover from December 2023 is £64.7 million and the company has net assets of £46.5 million. According to their latest financial statements, Romo Limited has 390 employees and maintains cash reserves of £268 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 64,717,000 | 65,689,000 | 64,483,000 | 54,825,000 | 62,169,000 | 61,920,000 | 60,991,000 | 56,301,000 | 52,175,000 | 52,126,000 | 48,262,000 | 44,960,000 | 44,696,000 | 42,913,000 | 40,045,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 37,809,000 | 40,186,000 | 40,579,000 | 33,069,000 | 37,839,000 | 37,136,000 | 36,010,000 | 32,381,000 | 31,264,000 | 30,901,000 | 28,382,000 | 27,558,000 | 26,274,000 | 25,387,000 | 22,977,000 |
| Gross Profit | 26,908,000 | 25,503,000 | 23,904,000 | 21,756,000 | 24,330,000 | 24,784,000 | 24,981,000 | 23,920,000 | 20,911,000 | 21,225,000 | 19,880,000 | 17,402,000 | 18,422,000 | 17,526,000 | 17,068,000 |
| Admin Expenses | 24,441,000 | 24,646,000 | 22,530,000 | 19,184,000 | 19,606,000 | 19,361,000 | 19,663,000 | 17,267,000 | 16,646,000 | 15,223,000 | 14,112,000 | 12,718,000 | 12,649,000 | 12,342,000 | 11,505,000 |
| Operating Profit | 2,467,000 | 857,000 | 1,374,000 | 2,572,000 | 4,724,000 | 5,423,000 | 5,318,000 | 6,653,000 | 4,265,000 | 6,002,000 | 5,768,000 | 4,684,000 | 5,773,000 | 5,184,000 | 5,563,000 |
| Interest Payable | 575,000 | 21,000 | 103,000 | 117,000 | 125,000 | 109,000 | 117,000 | 58,000 | 73,000 | 2,000 | 427,000 | 8,000 | 10,000 | 15,000 | 26,000 |
| Interest Receivable | 299,000 | 45,000 | 5,000 | 3,000 | 14,000 | 91,000 | 90,000 | 90,000 | 119,000 | 82,000 | 534,000 | 107,000 | 107,000 | 86,000 | 89,000 |
| Pre-Tax Profit | 4,788,000 | 14,600,000 | 1,594,000 | 9,018,000 | 6,817,000 | 15,759,000 | 13,848,000 | 6,685,000 | 10,043,000 | 6,593,000 | 8,435,000 | 4,907,000 | 6,015,000 | 5,352,000 | 5,677,000 |
| Tax | -425,000 | -218,000 | -286,000 | -303,000 | -634,000 | -1,073,000 | -1,017,000 | -1,400,000 | -904,000 | -1,327,000 | -1,395,000 | -1,206,000 | -1,616,000 | -988,000 | -1,902,000 |
| Profit After Tax | 4,363,000 | 14,382,000 | 1,308,000 | 8,715,000 | 6,183,000 | 14,686,000 | 12,831,000 | 5,285,000 | 9,139,000 | 5,266,000 | 7,040,000 | 3,701,000 | 4,399,000 | 4,364,000 | 3,775,000 |
| Dividends Paid | 50,859,000 | 2,171,000 | 1,990,000 | 1,500,000 | 3,089,000 | 2,279,000 | 1,000,000 | 6,648,000 | 2,781,000 | 2,177,000 | 3,472,000 | 4,973,000 | 814,000 | 2,120,000 | 750,000 |
| Retained Profit | -46,496,000 | 12,211,000 | -682,000 | 7,215,000 | 3,094,000 | 12,407,000 | 11,831,000 | -1,363,000 | 6,358,000 | 3,089,000 | 3,568,000 | -1,272,000 | 3,585,000 | 2,244,000 | 3,025,000 |
| Employee Costs | 20,742,000 | 17,831,000 | 15,371,000 | 14,189,000 | 14,529,000 | 13,654,000 | 13,043,000 | 11,942,000 | 11,176,000 | 10,333,000 | 9,690,000 | 9,000,000 | 8,530,000 | 8,244,000 | 7,504,000 |
| Number Of Employees | 390 | 392 | 336 | 319 | 312 | 311 | 286 | 271 | 255 | 241 | 244 | 237 | 230 | 221 | 219 |
| EBITDA* | 4,286,000 | 2,650,000 | 3,203,000 | 3,833,000 | 5,338,000 | 5,928,000 | 5,639,000 | 6,950,000 | 4,536,000 | 6,279,000 | 6,011,000 | 5,008,000 | 6,169,000 | 5,628,000 | 6,030,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,226,000 | 12,673,000 | 13,876,000 | 14,675,000 | 14,341,000 | 10,337,000 | 1,201,000 | 769,000 | 849,000 | 715,000 | 755,000 | 605,000 | 595,000 | 814,000 | 846,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 8,177,000 | 5,196,000 | 1,505,000 | 1,452,000 | 1,452,000 | 1,442,000 | 1,442,000 | 1,442,000 | 1,442,000 | 1,442,000 | 1,442,000 | 1,442,000 | 1,442,000 | 1,442,000 | 1,130,000 |
| Debtors (Due After 1 year) | 450,000 | 362,000 | 458,000 | ||||||||||||
| Total Fixed Assets | 19,403,000 | 17,869,000 | 15,381,000 | 16,127,000 | 15,793,000 | 12,229,000 | 3,005,000 | 2,669,000 | 2,291,000 | 2,157,000 | 2,197,000 | 2,047,000 | 2,037,000 | 2,256,000 | 1,976,000 |
| Stock & work in progress | 22,721,000 | 26,772,000 | 24,072,000 | 20,723,000 | 22,894,000 | 23,138,000 | 21,864,000 | 23,066,000 | 19,005,000 | 19,431,000 | 19,595,000 | 18,407,000 | 17,279,000 | 15,517,000 | 13,603,000 |
| Trade Debtors | 4,035,000 | 3,971,000 | 3,865,000 | 4,496,000 | 4,645,000 | 5,953,000 | 5,693,000 | 5,378,000 | 5,024,000 | 5,057,000 | 4,983,000 | 5,044,000 | 5,048,000 | 5,799,000 | 5,267,000 |
| Group Debtors | 9,737,000 | 45,590,000 | 36,455,000 | 38,509,000 | 38,861,000 | 22,734,000 | 2,355,000 | 1,398,000 | 2,643,000 | 2,512,000 | 1,864,000 | 1,553,000 | 2,589,000 | 3,385,000 | |
| Misc Debtors | 1,739,000 | 2,902,000 | 2,576,000 | 1,134,000 | 946,000 | 992,000 | 3,413,000 | 1,103,000 | 1,354,000 | 1,469,000 | 1,018,000 | 883,000 | 907,000 | 771,000 | 743,000 |
| Cash | 268,000 | 2,659,000 | 2,231,000 | 4,797,000 | 1,136,000 | 7,046,000 | 22,746,000 | 17,584,000 | 18,720,000 | 11,578,000 | 9,008,000 | 6,459,000 | 9,831,000 | 6,207,000 | 6,658,000 |
| misc current assets | |||||||||||||||
| total current assets | 38,500,000 | 81,894,000 | 69,199,000 | 69,659,000 | 68,482,000 | 59,863,000 | 56,071,000 | 47,131,000 | 45,501,000 | 40,178,000 | 37,116,000 | 32,657,000 | 34,618,000 | 30,883,000 | 29,656,000 |
| total assets | 57,903,000 | 99,763,000 | 84,580,000 | 85,786,000 | 84,275,000 | 72,092,000 | 59,076,000 | 49,800,000 | 47,792,000 | 42,335,000 | 39,313,000 | 34,704,000 | 36,655,000 | 33,139,000 | 31,632,000 |
| Bank overdraft | 1,234,000 | 1,336,000 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,906,000 | 2,863,000 | 2,813,000 | 3,530,000 | 1,755,000 | 2,291,000 | 1,859,000 | 2,610,000 | 1,863,000 | 2,084,000 | 2,182,000 | 2,092,000 | 2,225,000 | 2,716,000 | 2,612,000 |
| Group/Directors Accounts | 2,504,000 | 1,218,000 | |||||||||||||
| other short term finances | 1,698,000 | 6,000,000 | |||||||||||||
| hp & lease commitments | 45,000 | 60,000 | 58,000 | 46,000 | 44,000 | ||||||||||
| other current liabilities | 3,694,000 | 3,456,000 | 4,377,000 | 3,214,000 | 2,465,000 | 2,936,000 | 2,882,000 | 3,587,000 | 2,846,000 | 3,275,000 | 3,448,000 | 2,459,000 | 2,875,000 | 2,302,000 | 3,101,000 |
| total current liabilities | 8,343,000 | 6,379,000 | 7,248,000 | 8,024,000 | 14,104,000 | 5,227,000 | 4,741,000 | 7,415,000 | 4,709,000 | 5,359,000 | 5,630,000 | 4,551,000 | 5,100,000 | 5,018,000 | 5,713,000 |
| loans | |||||||||||||||
| hp & lease commitments | 22,000 | 67,000 | 128,000 | 129,000 | 175,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 3,044,000 | 2,348,000 | 1,352,000 | 313,000 | 216,000 | ||||||||||
| total long term liabilities | 3,066,000 | 2,415,000 | 1,480,000 | 3,077,000 | 2,546,000 | 2,589,000 | 2,550,000 | 2,827,000 | 1,504,000 | 2,099,000 | 1,507,000 | 1,375,000 | 1,122,000 | 614,000 | 855,000 |
| total liabilities | 11,409,000 | 8,794,000 | 8,728,000 | 11,101,000 | 16,650,000 | 7,816,000 | 7,291,000 | 10,242,000 | 6,213,000 | 7,458,000 | 7,137,000 | 5,926,000 | 6,222,000 | 5,632,000 | 6,568,000 |
| net assets | 46,494,000 | 90,969,000 | 75,852,000 | 74,685,000 | 67,625,000 | 64,276,000 | 51,785,000 | 39,558,000 | 41,579,000 | 34,877,000 | 32,176,000 | 28,778,000 | 30,433,000 | 27,507,000 | 25,064,000 |
| total shareholders funds | 46,494,000 | 90,969,000 | 75,852,000 | 74,685,000 | 67,625,000 | 64,276,000 | 51,785,000 | 39,558,000 | 41,579,000 | 34,877,000 | 32,176,000 | 28,778,000 | 30,433,000 | 27,507,000 | 25,064,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,467,000 | 857,000 | 1,374,000 | 2,572,000 | 4,724,000 | 5,423,000 | 5,318,000 | 6,653,000 | 4,265,000 | 6,002,000 | 5,768,000 | 4,684,000 | 5,773,000 | 5,184,000 | 5,563,000 |
| Depreciation | 1,819,000 | 1,793,000 | 1,829,000 | 1,261,000 | 614,000 | 505,000 | 321,000 | 297,000 | 271,000 | 277,000 | 243,000 | 324,000 | 396,000 | 444,000 | 467,000 |
| Amortisation | |||||||||||||||
| Tax | -425,000 | -218,000 | -286,000 | -303,000 | -634,000 | -1,073,000 | -1,017,000 | -1,400,000 | -904,000 | -1,327,000 | -1,395,000 | -1,206,000 | -1,616,000 | -988,000 | -1,902,000 |
| Stock | -4,051,000 | 2,700,000 | 3,349,000 | -2,171,000 | -244,000 | 1,274,000 | -1,202,000 | 4,061,000 | -426,000 | -164,000 | 1,188,000 | 1,128,000 | 1,762,000 | 1,914,000 | 13,603,000 |
| Debtors | -36,952,000 | 9,567,000 | -1,243,000 | -313,000 | 14,323,000 | 18,306,000 | 4,884,000 | -837,000 | -1,393,000 | 656,000 | 722,000 | 283,000 | -1,651,000 | -236,000 | 9,395,000 |
| Creditors | 43,000 | 50,000 | -717,000 | 1,775,000 | -536,000 | 432,000 | -751,000 | 747,000 | -221,000 | -98,000 | 90,000 | -133,000 | -491,000 | 104,000 | 2,612,000 |
| Accruals and Deferred Income | 238,000 | -921,000 | 1,163,000 | 749,000 | -471,000 | 54,000 | -705,000 | 741,000 | -429,000 | -173,000 | 989,000 | -416,000 | 573,000 | -799,000 | 3,101,000 |
| Deferred Taxes & Provisions | 696,000 | 996,000 | 1,039,000 | 97,000 | 216,000 | ||||||||||
| Cash flow from operations | 45,841,000 | -9,710,000 | 2,296,000 | 8,635,000 | -10,166,000 | -14,239,000 | -516,000 | 3,814,000 | 4,801,000 | 4,189,000 | 3,785,000 | 1,842,000 | 4,524,000 | 2,267,000 | -13,157,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 2,981,000 | 3,691,000 | 53,000 | 10,000 | 312,000 | 1,130,000 | |||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -2,504,000 | 2,504,000 | -1,218,000 | 1,218,000 | |||||||||||
| Other Short Term Loans | 1,698,000 | -6,000,000 | 6,000,000 | ||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -60,000 | -59,000 | 11,000 | -44,000 | 219,000 | ||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -276,000 | 24,000 | -98,000 | -114,000 | -111,000 | -18,000 | -27,000 | 32,000 | 46,000 | 80,000 | 107,000 | 99,000 | 97,000 | 71,000 | 63,000 |
| cash flow from financing | 3,383,000 | 2,871,000 | 1,762,000 | -8,817,000 | 8,867,000 | 66,000 | -849,000 | 592,000 | 390,000 | -308,000 | -63,000 | -284,000 | -562,000 | 270,000 | 22,102,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -2,391,000 | 428,000 | -2,566,000 | 3,661,000 | -5,910,000 | -15,700,000 | 5,162,000 | -1,136,000 | 7,142,000 | 2,570,000 | 2,549,000 | -3,372,000 | 3,624,000 | -451,000 | 6,658,000 |
| overdraft | -1,234,000 | -102,000 | 1,336,000 | ||||||||||||
| change in cash | -2,391,000 | 428,000 | -1,332,000 | 3,763,000 | -7,246,000 | -15,700,000 | 5,162,000 | -1,136,000 | 7,142,000 | 2,570,000 | 2,549,000 | -3,372,000 | 3,624,000 | -451,000 | 6,658,000 |
romo limited Credit Report and Business Information
Romo Limited Competitor Analysis
Perform a competitor analysis for romo limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in NG17 area or any other competitors across 12 key performance metrics.
romo limited Ownership
ROMO LIMITED group structure
Romo Limited has no subsidiary companies.
Ultimate parent company
2 parents
ROMO LIMITED
00385709
romo limited directors
Romo Limited currently has 5 directors. The longest serving directors include Mr Jonathan Mould (Apr 1991) and Ms Emily Mould (Jun 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Mould | England | 72 years | Apr 1991 | - | Director |
| Ms Emily Mould | England | 45 years | Jun 2006 | - | Director |
| Ms Felicity Mould | England | 47 years | Jun 2006 | - | Director |
| Mr Jordan Mould | England | 39 years | Dec 2011 | - | Director |
| Mr Neil Sexton | England | 47 years | Dec 2011 | - | Director |
P&L
December 2023turnover
64.7m
-1%
operating profit
2.5m
+188%
gross margin
41.6%
+7.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
46.5m
-0.49%
total assets
57.9m
-0.42%
cash
268k
-0.9%
net assets
Total assets minus all liabilities
romo limited company details
company number
00385709
Type
Private limited with Share Capital
industry
46410 - Wholesale of textiles
incorporation date
February 1944
age
81
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
r.mould limited (July 1989)
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
romo limited oddicroft lane, sutton-in-ashfield, NG17 5FB
Bank
-
Legal Advisor
-
romo 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 14 charges/mortgages relating to romo limited. Currently there are 8 open charges and 6 have been satisfied in the past.
romo 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.
Click to start generating capital raising & share issue transactions for ROMO LIMITED. This can take several minutes, an email will notify you when this has completed.
romo limited Companies House Filings - See Documents
| date | description | view/download |
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