r.j.king & sons (scrap merchants) limitedEstimated Valuation
£1m
Pomanda estimates the enterprise value of R.J.KING & SONS (SCRAP MERCHANTS) LIMITED at £1m based on a Turnover of £3.2m and 0.32x industry multiple (adjusted for size and gross margin).
r.j.king & sons (scrap merchants) limitedEstimated Valuation
£419.7k
Pomanda estimates the enterprise value of R.J.KING & SONS (SCRAP MERCHANTS) LIMITED at £419.7k based on an EBITDA of £118.4k and a 3.55x industry multiple (adjusted for size and gross margin).
r.j.king & sons (scrap merchants) limitedEstimated Valuation
£3m
Pomanda estimates the enterprise value of R.J.KING & SONS (SCRAP MERCHANTS) LIMITED at £3m based on Net Assets of £1.6m and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
R.j.king & Sons (scrap Merchants) LimitedOverview
R.j.king & Sons (scrap Merchants) Limited is a live company located in farrington gurney, BS39 6TX with a Companies House number of 00721348. It operates in the wholesale of waste and scrap sector, SIC Code 46770. Founded in April 1962, it's largest shareholder is
stephen john king
with a 52.5% stake. R.j.king & Sons (scrap Merchants) Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.2m with
declining
growth in recent years.
R.j.king & Sons (scrap Merchants) Limited Health Check
Pomanda's financial health check has awarded R.J.King & Sons (Scrap Merchants) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£23.8m)
£3.2m - R.j.king & Sons (scrap Merchants) Limited
£23.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (17.1%)
-6% - R.j.king & Sons (scrap Merchants) Limited
17.1% - Industry AVG
Production
with a gross margin of 11.7%, this company has a comparable cost of product (11.7%)
11.7% - R.j.king & Sons (scrap Merchants) Limited
11.7% - Industry AVG
Profitability
an operating margin of -3% make it less profitable than the average company (3.9%)
-3% - R.j.king & Sons (scrap Merchants) Limited
3.9% - Industry AVG
Employees
with 10 employees, this is below the industry average (23)
10 - R.j.king & Sons (scrap Merchants) Limited
23 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
£49.1k - R.j.king & Sons (scrap Merchants) Limited
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £322.7k, this is less efficient (£834.6k)
£322.7k - R.j.king & Sons (scrap Merchants) Limited
£834.6k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (24 days)
11 days - R.j.king & Sons (scrap Merchants) Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (18 days)
13 days - R.j.king & Sons (scrap Merchants) Limited
18 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is in line with average (18 days)
16 days - R.j.king & Sons (scrap Merchants) Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 30 weeks, this is more cash available to meet short term requirements (21 weeks)
30 weeks - R.j.king & Sons (scrap Merchants) Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.6%, this is a lower level of debt than the average (41.6%)
35.6% - R.j.king & Sons (scrap Merchants) Limited
41.6% - Industry AVG
R.J.KING & SONS (SCRAP MERCHANTS) LIMITED financials
EXPORT
R.J.King & Sons (Scrap Merchants) Limited's latest turnover from March 2024 is estimated at £3.2 million and the company has net assets of £1.6 million. According to their latest financial statements, R.J.King & Sons (Scrap Merchants) Limited has 10 employees and maintains cash reserves of £358.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
3,227,245
4,711,654
3,193,467
3,921,061
3,677,263
3,331,973
3,076,840
3,293,178
1,841,178
2,121,147
1,581,139
2,241,479
3,008,221
2,948,912
1,191,704
Other Income Or Grants
Cost Of Sales
2,848,600
4,029,471
2,744,770
3,401,165
3,175,840
2,875,422
2,556,056
2,735,777
1,485,954
1,755,329
1,396,753
1,968,050
2,615,224
2,533,198
934,667
Gross Profit
378,645
682,183
448,697
519,896
501,424
456,551
520,784
557,401
355,224
365,819
184,386
273,429
392,997
415,714
257,037
Admin Expenses
476,701
76,964
42,931
705,620
209,248
505,438
315,281
590,328
341,008
369,529
137,868
254,262
173,644
385,560
-358,391
Operating Profit
-98,056
605,219
405,766
-185,724
292,176
-48,887
205,503
-32,927
14,216
-3,710
46,518
19,167
219,353
30,154
615,428
Interest Payable
426
877
1,194
1,454
711
Interest Receivable
19,109
12,896
2,436
377
294
2,689
1,497
343
915
1,034
1,155
1,468
1,376
995
414
Pre-Tax Profit
-78,947
618,115
408,202
-185,347
292,470
-46,198
207,000
-32,584
15,131
-3,103
46,796
19,441
219,274
30,438
615,842
Tax
-117,442
-77,558
-55,569
-39,330
-3,026
-10,763
-4,666
-57,011
-8,522
-172,436
Profit After Tax
-78,947
500,673
330,644
-185,347
236,901
-46,198
167,670
-32,584
12,105
-3,103
36,033
14,775
162,263
21,915
443,406
Dividends Paid
Retained Profit
-78,947
500,673
330,644
-185,347
236,901
-46,198
167,670
-32,584
12,105
-3,103
36,033
14,775
162,263
21,915
443,406
Employee Costs
491,052
486,798
378,358
658,690
714,226
660,992
636,964
548,814
190,999
188,941
113,992
141,687
188,047
207,585
103,406
Number Of Employees
10
11
9
15
17
17
17
16
6
6
4
5
6
6
3
EBITDA*
118,371
830,874
579,315
-183,334
413,982
37,357
290,170
-29,285
100,864
74,788
116,318
89,617
294,635
118,780
700,108
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
1,169,773
1,243,995
878,613
554,104
636,491
519,134
533,728
519,910
513,754
443,499
412,898
401,652
440,959
481,771
470,823
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,169,773
1,243,995
878,613
554,104
636,491
519,134
533,728
519,910
513,754
443,499
412,898
401,652
440,959
481,771
470,823
Stock & work in progress
130,000
208,700
195,325
76,175
48,600
29,200
28,850
30,590
35,450
63,120
103,400
103,000
93,520
99,510
47,460
Trade Debtors
103,304
243,851
154,276
272,463
258,776
169,319
225,986
418,847
258,169
239,606
86,433
130,249
230,237
188,328
82,299
Group Debtors
Misc Debtors
695,002
573,057
681,199
518,175
301,887
249,550
147,445
43,134
44,247
159,213
82,753
22,092
Cash
358,669
369,290
237,580
412,040
341,651
247,171
469,991
128,820
145,262
220,649
192,771
269,282
317,960
232,410
165,554
misc current assets
total current assets
1,286,975
1,394,898
1,268,380
1,278,853
950,914
695,240
872,272
621,391
483,128
523,375
541,817
585,284
663,809
520,248
295,313
total assets
2,456,748
2,638,893
2,146,993
1,832,957
1,587,405
1,214,374
1,406,000
1,141,301
996,882
966,874
954,715
986,936
1,104,768
1,002,019
766,136
Bank overdraft
8,621
Bank loan
Trade Creditors
105,889
214,454
141,726
274,096
123,150
49,915
90,578
330,096
190,656
226,356
209,331
282,344
391,631
434,660
265,621
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
515,713
557,047
708,074
659,907
363,728
309,681
422,042
82,236
50,240
total current liabilities
621,602
771,501
849,800
934,003
486,878
359,596
512,620
412,332
240,896
226,356
217,952
282,344
391,631
434,660
265,621
loans
4,497
13,870
22,864
21,884
hp & lease commitments
Accruals and Deferred Income
other liabilities
9,118
provisions
252,940
206,239
136,713
69,118
85,344
76,496
68,900
72,159
66,592
63,229
51,874
46,363
60,689
69,036
55,109
total long term liabilities
252,940
206,239
136,713
69,118
85,344
76,496
68,900
72,159
66,592
63,229
56,371
60,233
83,553
100,038
55,109
total liabilities
874,542
977,740
986,513
1,003,121
572,222
436,092
581,520
484,491
307,488
289,585
274,323
342,577
475,184
534,698
320,730
net assets
1,582,206
1,661,153
1,160,480
829,836
1,015,183
778,282
824,480
656,810
689,394
677,289
680,392
644,359
629,584
467,321
445,406
total shareholders funds
1,582,206
1,661,153
1,160,480
829,836
1,015,183
778,282
824,480
656,810
689,394
677,289
680,392
644,359
629,584
467,321
445,406
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-98,056
605,219
405,766
-185,724
292,176
-48,887
205,503
-32,927
14,216
-3,710
46,518
19,167
219,353
30,154
615,428
Depreciation
216,427
225,655
173,549
2,390
121,806
86,244
84,667
3,642
86,648
78,498
69,800
70,450
75,282
88,626
84,680
Amortisation
Tax
-117,442
-77,558
-55,569
-39,330
-3,026
-10,763
-4,666
-57,011
-8,522
-172,436
Stock
-78,700
13,375
119,150
27,575
19,400
350
-1,740
-4,860
-27,670
-40,280
400
9,480
-5,990
52,050
47,460
Debtors
-18,602
-18,567
44,837
229,975
141,794
45,438
-88,550
159,565
62,810
-6,040
32,644
-39,327
64,001
106,029
82,299
Creditors
-108,565
72,728
-132,370
150,946
73,235
-40,663
-239,518
139,440
-35,700
17,025
-73,013
-109,287
-43,029
169,039
265,621
Accruals and Deferred Income
-41,334
-151,027
48,167
296,179
54,047
-112,361
339,806
31,996
50,240
Deferred Taxes & Provisions
46,701
69,526
67,595
-16,226
8,848
7,596
-3,259
5,567
3,363
11,355
5,511
-14,326
-8,347
13,927
55,109
Cash flow from operations
112,475
709,851
321,162
-9,985
333,349
-153,859
438,159
-6,987
80,601
149,488
5,009
-8,815
128,237
135,145
718,643
Investing Activities
capital expenditure
-142,205
-591,037
-498,058
79,997
-239,163
-71,650
-98,485
-9,798
-156,903
-109,099
-81,046
-31,143
-34,470
-99,574
-555,503
Change in Investments
cash flow from investments
-142,205
-591,037
-498,058
79,997
-239,163
-71,650
-98,485
-9,798
-156,903
-109,099
-81,046
-31,143
-34,470
-99,574
-555,503
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-4,497
-9,373
-8,994
980
21,884
Hire Purchase and Lease Commitments
other long term liabilities
-9,118
9,118
share issue
2,000
interest
19,109
12,896
2,436
377
294
2,689
1,497
343
915
608
278
274
-78
284
414
cash flow from financing
19,109
12,896
2,436
377
294
2,689
1,497
343
915
-3,889
-9,095
-8,720
-8,216
31,286
2,414
cash and cash equivalents
cash
-10,621
131,710
-174,460
70,389
94,480
-222,820
341,171
-16,442
-75,387
27,878
-76,511
-48,678
85,550
66,856
165,554
overdraft
-8,621
8,621
change in cash
-10,621
131,710
-174,460
70,389
94,480
-222,820
341,171
-16,442
-75,387
36,499
-85,132
-48,678
85,550
66,856
165,554
r.j.king & sons (scrap merchants) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for r.j.king & sons (scrap merchants) limited. Get real-time insights into r.j.king & sons (scrap merchants) limited's credit score, group structure and payment trends.
R.j.king & Sons (scrap Merchants) Limited Competitor Analysis
Perform a competitor analysis for r.j.king & sons (scrap merchants) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BS39 area or any other competitors across 12 key performance metrics.
r.j.king & sons (scrap merchants) limited Ownership
R.J.KING & SONS (SCRAP MERCHANTS) LIMITED group structure
R.J.King & Sons (Scrap Merchants) Limited has no subsidiary companies.
Ultimate parent company
R.J.KING & SONS (SCRAP MERCHANTS) LIMITED
00721348
R.J.KING & SONS (SCRAP MERCHANTS) LIMITED Shareholders
The largest shareholders in R.J.King & Sons (Scrap Merchants) Limited include Stephen John King and Josephine Mary King.
stephen john king
52.5%
josephine mary king
47.5%
r.j.king & sons (scrap merchants) limited directors
R.J.King & Sons (Scrap Merchants) Limited currently has 3 directors.
The longest serving directors include
Mr Stephen King (Jun 1991) and
Mrs Josephine King (Jul 1996).
r.j.king & sons (scrap merchants) limited company details
company number
00721348
Type
Private limited with Share Capital
industry
46770 - Wholesale of waste and scrap
incorporation date
April 1962
age
63
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
NIGELMARKS LTD
auditor
-
address
belle vue, pitway lane, farrington gurney, bristol, BS39 6TX
Bank
-
Legal Advisor
-
r.j.king & sons (scrap merchants) 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 r.j.king & sons (scrap merchants) limited. Currently there are 0 open charges and 2 have been satisfied in the past.
r.j.king & sons (scrap merchants) 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 R.J.KING & SONS (SCRAP MERCHANTS) LIMITED. This can take several minutes, an email will notify you when this has completed.
r.j.king & sons (scrap merchants) limitedCompanies House Filings - See Documents
