Rasmi Electronics Limited

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rasmi electronics limited Company Information

Live

MatureSmallDeclining

Company Number

01179123

Website

www.rasmi.com

Registered Address

unit 14a, tanfield lea industrial estate, stanley, co durham, DH9 9UU

Industry

Manufacture of electric lighting equipment

Telephone

01207288700

Next Accounts Due

September 2024

Group Structure

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Directors

Parwathappa Surendra32 Years

Anjali Hampton26 Years

Shareholders

parwathappa surendra 50%

bogumila anna surendra 50%

rasmi electronics limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of RASMI ELECTRONICS LIMITED at £1.7m based on Net Assets of £833.5k and 2.03x industry multiple (adjusted for liquidity).

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Rasmi Electronics Limited AI Business Plan

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Rasmi Electronics Limited is a live company located in stanley, DH9 9UU with a Companies House number of 01179123. It operates in the manufacture of electric lighting equipment sector, SIC Code 27400. Founded in July 1974, it's largest shareholder is parwathappa surendra with a 50% stake. Rasmi Electronics Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.

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Pomanda's financial health check has awarded Rasmi Electronics Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

3 Regular

7 Weak

Size

annual sales of £1.3m, make it smaller than the average company (£10.9m)

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (-0.5%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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RASMI ELECTRONICS LIMITED group structure

Rasmi Electronics Limited has 2 subsidiary companies.

Ultimate parent company

RASMI ELECTRONICS LIMITED

01179123

2 subsidiaries

RASMI LIGHTING LIMITED

06641474

RASMI LED LIGHTING LTD

07862146

RASMI ELECTRONICS LIMITED Shareholders

parwathappa surendra	50.02%
bogumila anna surendra	49.98%

Rasmi Electronics Limited currently has 2 directors. The longest serving directors include Dr Parwathappa Surendra (May 1992) and Ms Anjali Hampton (Feb 1998).

officer	country	age	start	end	role
Dr Parwathappa Surendra	United Kingdom	84 years	May 1992	-	Director
Ms Anjali Hampton		49 years	Feb 1998	-	Director

EXPORT

Rasmi Electronics Limited's latest turnover from December 2022 is estimated at £1.3 million and the company has net assets of £833.5 thousand. According to their latest financial statements, we estimate that Rasmi Electronics Limited has 8 employees and maintains cash reserves of £26.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	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	1,345,527	1,856,482	1,880,150	2,136,401	2,978,527	3,455,376	3,516,841	4,538,175	2,956,626	3,422,099	2,803,661	2,899,065	3,612,945	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	889,483	1,259,021	1,283,558	1,442,670	2,062,056	2,403,327	2,414,290	3,004,747	1,944,340	2,258,982	1,859,416	1,904,744	2,358,175	0
Gross Profit	456,044	597,461	596,592	693,730	916,472	1,052,049	874,164	475,328	1,012,286	1,163,116	944,245	994,321	1,254,770	0
Admin Expenses	470,231	495,809	635,464	712,296	899,778	450,667	564,610	584,615	638,856	999,895	1,023,720	814,172	1,237,421	218,170
Operating Profit	-14,187	101,652	-38,872	-18,566	16,694	601,382	309,554	-109,287	373,430	163,221	-79,475	180,149	17,349	-218,170
Interest Payable	32,026	20,024	15,770	15,535	13,060	8,969	39,442	55,424	14,055	12,971	23,659	27,146	14,441	0
Interest Receivable	559	23	11	127	229	155	33	17	239	130	311	332	99	21
Pre-Tax Profit	-45,654	81,651	-54,632	-33,973	3,863	592,568	270,145	-164,694	359,614	150,381	-102,822	153,335	3,007	-218,149
Tax	0	-15,514	0	0	-734	-112,588	-34,353	28,810	-75,519	-34,588	0	-39,867	-842	0
Profit After Tax	-45,654	66,137	-54,632	-33,973	3,129	479,980	235,792	-135,884	284,095	115,793	-102,822	113,468	2,165	-218,149
Dividends Paid	0	0	0	0	0	0	41,600	20,750	0	0	0	0	0	0
Retained Profit	-45,654	66,137	-54,632	-33,973	3,129	479,980	194,192	-156,634	284,095	115,793	-102,822	113,468	2,165	-218,149
Employee Costs	368,818	992,444	1,163,620	1,228,065	1,874,247	1,900,465	1,816,397	1,532,900	632,863	776,311	643,409	705,445	883,653	0
Number Of Employees	8	24	29	30	46	45	46	42	18	23	19	21	27	0
EBITDA*	14,085	132,616	-3,366	16,812	31,880	618,788	355,729	-64,003	419,327	208,399	-31,829	230,983	90,260	-105,598

* Earnings Before Interest, Tax, Depreciation and Amortisation

	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	582,465	610,737	641,701	677,208	712,585	727,772	687,505	696,207	740,311	769,618	727,100	774,746	812,580	864,338
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	200	200	0	100	100	103	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	885,344	874,983	882,806	804,427	0	0	0	0	0
Total Fixed Assets	582,665	610,937	641,701	677,308	712,685	1,613,219	1,562,488	1,579,013	1,544,738	769,618	727,100	774,746	812,580	864,338
Stock & work in progress	101,000	87,884	42,702	44,336	43,961	144,706	375,735	366,291	289,920	424,213	452,158	336,901	508,540	638,676
Trade Debtors	291,034	259,023	171,370	141,970	222,531	407,812	304,835	360,562	441,592	665,870	377,571	526,099	646,633	409,011
Group Debtors	0	0	0	991,916	1,307,313	42,244	0	0	0	0	0	0	0	0
Misc Debtors	1,423,037	1,238,527	1,115,328	94,311	69,646	70,241	93,726	0	0	0	0	0	0	0
Cash	26,116	5,850	12,402	8,957	24,957	35,975	26,125	32,694	66,498	28,973	23,074	101,433	31,465	8,270
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,841,187	1,591,284	1,341,802	1,281,490	1,668,408	700,978	800,421	759,547	798,010	1,119,056	852,803	964,433	1,186,638	1,055,957
total assets	2,423,852	2,202,221	1,983,503	1,958,798	2,381,093	2,314,197	2,362,909	2,338,560	2,342,748	1,888,674	1,579,903	1,739,179	1,999,218	1,920,295
Bank overdraft	0	0	0	60,140	56,806	67,936	75,176	0	34,323	0	0	0	737	0
Bank loan	137,448	120,896	81,546	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	201,187	178,781	228,386	288,389	360,413	323,498	559,699	1,723,605	1,195,842	1,039,461	1,009,732	916,117	1,069,557	1,375,039
Group/Directors Accounts	0	0	0	0	0	0	124,514	0	0	0	0	0	0	0
other short term finances	0	0	0	0	2,000	25,000	0	0	62,053	62,053	62,053	62,053	62,053	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	990,292	814,652	528,447	465,991	714,577	887,920	919,198	0	260,064	320,235	144,777	197,789	382,860	0
total current liabilities	1,328,927	1,114,329	838,379	814,520	1,133,796	1,304,354	1,678,587	1,723,605	1,552,282	1,421,749	1,216,562	1,175,959	1,515,207	1,375,039
loans	213,284	202,613	235,719	139,653	201,683	33,523	74,331	0	274,035	0	274,989	328,863	381,549	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	48,156	0	0	34,930	67,929	0	74,276	275,917	17,123	249,438	0	0	5,907	434,543
provisions	0	6,140	36,232	38,843	9,813	11,577	33,855	31,370	15,232	15,424	0	41,101	14,685	28,926
total long term liabilities	261,440	208,753	271,951	213,426	279,425	45,100	182,462	307,287	306,390	264,862	274,989	369,964	402,141	463,469
total liabilities	1,590,367	1,323,082	1,110,330	1,027,946	1,413,221	1,349,454	1,861,049	2,030,892	1,858,672	1,686,611	1,491,551	1,545,923	1,917,348	1,838,508
net assets	833,485	879,139	873,173	930,852	967,872	964,743	501,860	307,668	484,076	202,063	88,352	193,256	81,870	81,787
total shareholders funds	833,485	879,139	873,173	930,852	967,872	964,743	501,860	307,668	484,076	202,063	88,352	193,256	81,870	81,787

	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	-14,187	101,652	-38,872	-18,566	16,694	601,382	309,554	-109,287	373,430	163,221	-79,475	180,149	17,349	-218,170
Depreciation	28,272	30,964	35,506	35,378	15,186	17,406	46,175	45,284	45,897	45,178	47,646	50,834	72,911	112,572
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-15,514	0	0	-734	-112,588	-34,353	28,810	-75,519	-34,588	0	-39,867	-842	0
Stock	13,116	45,182	-1,634	375	-100,745	-231,029	9,444	76,371	-134,293	-27,945	115,257	-171,639	-130,136	638,676
Debtors	216,521	210,852	58,501	-371,293	193,849	132,097	30,176	-2,651	580,149	288,299	-148,528	-120,534	237,622	409,011
Creditors	22,406	-49,605	-60,003	-72,024	36,915	-236,201	-1,163,906	527,763	156,381	29,729	93,615	-153,440	-305,482	1,375,039
Accruals and Deferred Income	175,640	286,205	62,456	-248,586	-173,343	-31,278	919,198	-260,064	-60,171	175,458	-53,012	-185,071	382,860	0
Deferred Taxes & Provisions	-6,140	-30,092	-2,611	29,030	-1,764	-22,278	2,485	16,138	-192	15,424	-41,101	26,416	-14,241	28,926
Cash flow from operations	-23,646	67,576	-60,391	96,150	-200,150	315,375	39,533	174,924	-6,030	134,068	944	171,194	45,069	250,680
Investing Activities
capital expenditure	0	0	1	-1	1	-57,673	-37,473	-1,180	-16,590	-87,696	0	-13,000	-21,153	-976,910
Change in Investments	0	200	-100	0	-3	103	0	0	0	0	0	0	0	0
cash flow from investments	0	-200	101	-1	4	-57,776	-37,473	-1,180	-16,590	-87,696	0	-13,000	-21,153	-976,910
Financing Activities
Bank loans	16,552	39,350	81,546	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	-124,514	124,514	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	-2,000	-23,000	25,000	0	-62,053	0	0	0	0	62,053	0
Long term loans	10,671	-33,106	96,066	-62,030	168,160	-40,808	74,331	-274,035	274,035	-274,989	-53,874	-52,686	381,549	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	48,156	0	-34,930	-32,999	67,929	-74,276	-201,641	258,794	-232,315	249,438	0	-5,907	-428,636	434,543
share issue	0	-60,171	-3,047	-3,047	0	-17,097	0	-19,774	-2,082	-2,082	-2,082	-2,082	-2,082	299,936
interest	-31,467	-20,001	-15,759	-15,408	-12,831	-8,814	-39,409	-55,407	-13,816	-12,841	-23,348	-26,814	-14,342	21
cash flow from financing	43,912	-73,928	123,876	-115,484	200,258	-240,509	-42,205	-152,475	25,822	-40,474	-79,304	-87,489	-1,458	734,500
cash and cash equivalents
cash	20,266	-6,552	3,445	-16,000	-11,018	9,850	-6,569	-33,804	37,525	5,899	-78,359	69,968	23,195	8,270
overdraft	0	0	-60,140	3,334	-11,130	-7,240	75,176	-34,323	34,323	0	0	-737	737	0
change in cash	20,266	-6,552	63,585	-19,334	112	17,090	-81,745	519	3,202	5,899	-78,359	70,705	22,458	8,270

P&L

December 2022

turnover

1.3m

-28%

operating profit

-14.2k

gross margin

33.9%

+5.32%

turnover

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

Balance Sheet

December 2022

net assets

833.5k

-0.05%

total assets

2.4m

+0.1%

cash

26.1k

+3.46%

net assets

Total assets minus all liabilities

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company number

01179123

Type

Private limited with Share Capital

industry

27400 - Manufacture of electric lighting equipment

incorporation date

July 1974

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

unit 14a, tanfield lea industrial estate, stanley, co durham, DH9 9UU

last accounts submitted

December 2022

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 33 charges/mortgages relating to rasmi electronics limited. Currently there are 5 open charges and 28 have been satisfied in the past.

rasmi electronics limited Company Information

rasmi electronics limited Estimated Valuation

rasmi electronics limited Estimated Valuation

rasmi electronics limited Estimated Valuation

Rasmi Electronics Limited AI Business Plan

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