r s m castings limited
r s m castings limited Company Information
Company Number
01184461
Website
www.rsm-castings.co.ukRegistered Address
mha macintyre hudson 6th floor 2, london wall place, london, EC2Y 5AU
Industry
Casting of iron
Telephone
01604671333
Next Accounts Due
728 days late
Group Structure
View All
Shareholders
barrie jones 61.9%
deboroah danns 28.1%
View Allr s m castings limited Estimated Valuation
Pomanda estimates the enterprise value of R S M CASTINGS LIMITED at £692.2k based on a Turnover of £2.3m and 0.3x industry multiple (adjusted for size and gross margin).
r s m castings limited Estimated Valuation
Pomanda estimates the enterprise value of R S M CASTINGS LIMITED at £591.3k based on an EBITDA of £235.1k and a 2.51x industry multiple (adjusted for size and gross margin).
r s m castings limited Estimated Valuation
Pomanda estimates the enterprise value of R S M CASTINGS LIMITED at £691.8k based on Net Assets of £509.1k and 1.36x industry multiple (adjusted for liquidity).
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R S M Castings Limited Overview
R S M Castings Limited is a live company located in london, EC2Y 5AU with a Companies House number of 01184461. It operates in the casting of iron sector, SIC Code 24510. Founded in September 1974, it's largest shareholder is barrie jones with a 61.9% stake. R S M Castings Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with declining growth in recent years.
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R S M Castings Limited Health Check
Pomanda's financial health check has awarded R S M Castings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
6 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£17.9m)
- R S M Castings Limited
£17.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (2.8%)
- R S M Castings Limited
2.8% - Industry AVG
Production
with a gross margin of 13.6%, this company has a comparable cost of product (13.6%)
- R S M Castings Limited
13.6% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (-0.4%)
- R S M Castings Limited
-0.4% - Industry AVG
Employees
with 37 employees, this is below the industry average (176)
37 - R S M Castings Limited
176 - Industry AVG
Pay Structure
on an average salary of £36.5k, the company has an equivalent pay structure (£36.5k)
- R S M Castings Limited
£36.5k - Industry AVG
Efficiency
resulting in sales per employee of £63k, this is less efficient (£108.2k)
- R S M Castings Limited
£108.2k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is near the average (65 days)
- R S M Castings Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is close to average (45 days)
- R S M Castings Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 24 days, this is less than average (48 days)
- R S M Castings Limited
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - R S M Castings Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.3%, this is a similar level of debt than the average (78.1%)
79.3% - R S M Castings Limited
78.1% - Industry AVG
R S M CASTINGS LIMITED financials
R S M Castings Limited's latest turnover from December 2020 is estimated at £2.3 million and the company has net assets of £509.1 thousand. According to their latest financial statements, R S M Castings Limited has 37 employees and maintains cash reserves of £330 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 5,969,739 | 6,525,226 | 8,242,267 | 7,554,883 | 7,784,699 | 3,951,332 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 4,500,845 | 5,379,073 | 6,640,323 | 6,184,093 | 6,098,048 | |||||||
| Gross Profit | 1,468,894 | 1,146,153 | 1,601,944 | 1,370,790 | 1,686,651 | |||||||
| Admin Expenses | 1,145,201 | 1,477,344 | 1,548,811 | 1,311,474 | ||||||||
| Operating Profit | 323,693 | -331,191 | -178,021 | 375,177 | -210,350 | |||||||
| Interest Payable | 0 | 54,296 | ||||||||||
| Interest Receivable | 0 | 0 | 0 | 12 | 16 | 53 | ||||||
| Pre-Tax Profit | 323,693 | -331,191 | 133,955 | -178,009 | 375,193 | -264,593 | ||||||
| Tax | -37,151 | 62,802 | -58,274 | 29,379 | -43,563 | 8,557 | ||||||
| Profit After Tax | 286,542 | -268,389 | 75,681 | -148,630 | 331,630 | -256,036 | ||||||
| Dividends Paid | 179,873 | 176,465 | 153,155 | 65,924 | 86,200 | 0 | ||||||
| Retained Profit | 106,669 | -444,854 | -77,474 | -214,554 | 245,430 | -256,036 | ||||||
| Employee Costs | 1,836,858 | 2,204,151 | 2,613,034 | 2,500,038 | 2,407,844 | 1,436,574 | ||||||
| Number Of Employees | 37 | 62 | 75 | 76 | 74 | 83 | 97 | 108 | 99 | 90 | 66 | |
| EBITDA* | 681,887 | 19,609 | 115,448 | 625,868 | 75,110 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 1,871,002 | 2,321,537 | 2,568,446 | 2,558,671 | 2,728,587 | 3,038,688 | 3,112,033 | 3,249,777 | 2,592,603 | 1,918,384 | 2,033,254 | 2,258,649 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,871,002 | 2,321,537 | 2,568,446 | 2,558,671 | 2,728,587 | 3,038,688 | 3,112,033 | 3,249,777 | 2,592,603 | 1,918,384 | 2,033,254 | 2,258,649 |
| Stock & work in progress | 133,331 | 147,646 | 253,016 | 202,004 | 328,842 | 363,890 | 323,322 | 376,210 | 492,104 | 313,500 | 330,489 | 282,794 |
| Trade Debtors | 403,429 | 481,261 | 760,598 | 764,991 | 664,777 | 872,027 | 747,983 | 1,476,336 | 976,414 | 1,231,479 | 877,225 | 539,751 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 49,783 | 53,528 | 0 | 101,253 | 88,097 | 59,505 | 24,476 | 62,255 | 70,811 | 0 | 0 | 69,355 |
| Cash | 330 | 357 | 4,610 | 43,090 | 934 | 6,583 | 195 | 20,360 | 544 | 7,390 | 8,783 | 30,563 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 586,873 | 682,792 | 1,049,584 | 1,111,338 | 1,082,650 | 1,302,005 | 1,095,976 | 1,935,161 | 1,539,873 | 1,552,369 | 1,216,497 | 922,463 |
| total assets | 2,457,875 | 3,004,329 | 3,618,030 | 3,670,009 | 3,811,237 | 4,340,693 | 4,208,009 | 5,184,938 | 4,132,476 | 3,470,753 | 3,249,751 | 3,181,112 |
| Bank overdraft | 12,382 | 106,926 | 68,057 | 0 | 337,484 | 273,084 | 334,360 | 84,799 | 205,080 | 84,990 | 54,013 | 157,508 |
| Bank loan | 995,861 | 1,030,252 | 0 | 67,492 | 36,934 | 141,687 | 131,687 | 142,280 | 0 | 0 | 0 | 0 |
| Trade Creditors | 269,699 | 436,190 | 632,307 | 760,847 | 557,456 | 801,780 | 634,412 | 980,314 | 1,033,969 | 729,963 | 817,125 | 379,980 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 257,179 | 419,047 | 667,039 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 276,943 |
| hp & lease commitments | 47,915 | 32,119 | 0 | 40,962 | 94,166 | 109,934 | 103,156 | 73,317 | 66,202 | 85,720 | 165,995 | 172,221 |
| other current liabilities | 285,636 | 187,038 | 0 | 679,824 | 701,500 | 749,683 | 629,266 | 918,185 | 574,384 | 407,627 | 221,998 | 135,301 |
| total current liabilities | 1,868,672 | 2,211,572 | 1,531,479 | 1,549,125 | 1,727,540 | 2,076,168 | 1,832,881 | 2,198,895 | 1,879,635 | 1,308,300 | 1,259,131 | 1,121,953 |
| loans | 0 | 0 | 0 | 1,085,995 | 0 | 25,345 | 169,736 | 298,079 | 402,353 | 0 | 0 | 7,980 |
| hp & lease commitments | 80,118 | 97,578 | 0 | 28,073 | 68,359 | 142,725 | 252,757 | 211,890 | 282,600 | 0 | 112,945 | 250,351 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,783 | 23,523 | 44,155 | 0 | 45,733 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48,370 | 0 |
| provisions | 0 | 0 | 0 | 9,932 | 73,299 | 46,807 | 9,656 | 72,458 | 14,184 | 43,563 | 0 | 0 |
| total long term liabilities | 80,118 | 97,578 | 1,166,428 | 1,124,000 | 141,658 | 214,877 | 432,149 | 598,210 | 722,660 | 87,718 | 161,315 | 304,064 |
| total liabilities | 1,948,790 | 2,309,150 | 2,697,907 | 2,673,125 | 1,869,198 | 2,291,045 | 2,265,030 | 2,797,105 | 2,602,295 | 1,396,018 | 1,420,446 | 1,426,017 |
| net assets | 509,085 | 695,179 | 920,123 | 996,884 | 1,942,039 | 2,049,648 | 1,942,979 | 2,387,833 | 1,530,181 | 2,074,735 | 1,829,305 | 1,755,095 |
| total shareholders funds | 509,085 | 695,179 | 920,123 | 996,884 | 1,942,039 | 2,049,648 | 1,942,979 | 2,387,833 | 1,530,181 | 2,074,735 | 1,829,305 | 1,755,095 |
| 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 | 323,693 | -331,191 | -178,021 | 375,177 | -210,350 | |||||||
| Depreciation | 245,460 | 264,134 | 248,559 | 272,024 | 368,536 | 358,194 | 350,800 | 356,666 | 293,469 | 250,691 | 288,703 | 285,460 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -37,151 | 62,802 | -58,274 | 29,379 | -43,563 | 8,557 | ||||||
| Stock | -14,315 | -105,370 | 51,012 | -126,838 | -35,048 | 40,568 | -52,888 | -115,894 | 178,604 | -16,989 | 47,695 | 282,794 |
| Debtors | -81,577 | -225,809 | -105,646 | 113,370 | -178,658 | 159,073 | -766,132 | 491,366 | -184,254 | 354,254 | 268,119 | 609,106 |
| Creditors | -166,491 | -196,117 | -128,540 | 203,391 | -244,324 | 167,368 | -345,902 | -53,655 | 304,006 | -87,162 | 437,145 | 379,980 |
| Accruals and Deferred Income | 98,598 | 187,038 | -679,824 | -21,676 | -48,183 | 120,417 | -304,702 | 336,061 | 146,125 | 229,784 | 40,964 | 181,034 |
| Deferred Taxes & Provisions | 0 | 0 | -9,932 | -63,367 | 26,492 | 37,151 | -62,802 | 58,274 | -29,379 | 43,563 | 0 | 0 |
| Cash flow from operations | 770,031 | 188,025 | 571,229 | 431,225 | -247,219 | |||||||
| Investing Activities | ||||||||||||
| capital expenditure | -41,304 | -213,056 | -78,714 | -967,688 | -44,204 | -4,371 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -41,304 | -213,056 | -78,714 | -967,688 | -44,204 | -4,371 | ||||||
| Financing Activities | ||||||||||||
| Bank loans | -34,391 | 1,030,252 | -67,492 | 30,558 | -104,753 | 10,000 | -10,593 | 142,280 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -161,868 | -247,992 | 667,039 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -276,943 | 276,943 |
| Long term loans | 0 | 0 | -1,085,995 | 1,085,995 | -25,345 | -144,391 | -128,343 | -104,274 | 402,353 | 0 | -7,980 | 7,980 |
| Hire Purchase and Lease Commitments | -1,664 | 129,697 | -69,035 | -93,490 | -90,134 | -103,254 | 70,706 | -63,595 | 263,082 | -193,220 | -143,632 | 422,572 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -48,370 | 48,370 | 0 |
| share issue | ||||||||||||
| interest | 16 | -54,243 | ||||||||||
| cash flow from financing | -241,574 | 2,664,383 | ||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -27 | -4,253 | -38,480 | 42,156 | -5,649 | 6,388 | -20,165 | 19,816 | -6,846 | -1,393 | -21,780 | 30,563 |
| overdraft | -94,544 | 38,869 | 68,057 | -337,484 | 64,400 | -61,276 | 249,561 | -120,281 | 120,090 | 30,977 | -103,495 | 157,508 |
| change in cash | 94,517 | -43,122 | -106,537 | 379,640 | -70,049 | 67,664 | -269,726 | 140,097 | -126,936 | -32,370 | 81,715 | -126,945 |
r s m castings limited Credit Report and Business Information
R S M Castings Limited Competitor Analysis
Perform a competitor analysis for r s m castings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in EC2Y area or any other competitors across 12 key performance metrics.
r s m castings limited Ownership
R S M CASTINGS LIMITED group structure
R S M Castings Limited has no subsidiary companies.
Ultimate parent company
R S M CASTINGS LIMITED
01184461
r s m castings limited directors
R S M Castings Limited currently has 3 directors. The longest serving directors include Mr Kim Danns (Jan 1993) and Mr Martin Melville (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kim Danns | 64 years | Jan 1993 | - | Director | |
| Mr Martin Melville | 55 years | May 2017 | - | Director | |
| Mr Kevin Dobson | 55 years | May 2017 | - | Director |
P&L
December 2020turnover
2.3m
-31%
operating profit
-10.3k
0%
gross margin
13.7%
-4.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
509.1k
-0.27%
total assets
2.5m
-0.18%
cash
330
-0.08%
net assets
Total assets minus all liabilities
r s m castings limited company details
company number
01184461
Type
Private limited with Share Capital
industry
24510 - Casting of iron
incorporation date
September 1974
age
50
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
rice shell mould limited (August 1983)
last accounts submitted
December 2020
address
mha macintyre hudson 6th floor 2, london wall place, london, EC2Y 5AU
accountant
MHA MACINTYRE HUDSON
auditor
-
r s m castings 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 17 charges/mortgages relating to r s m castings limited. Currently there are 6 open charges and 11 have been satisfied in the past.
r s m castings limited Companies House Filings - See Documents
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