Pomanda estimates the enterprise value of ROCK-IT CARGO LIMITED at £46.7m based on a Turnover of £45.8m and 1.02x industry multiple (adjusted for size and gross margin).
rock-it cargo limitedEstimated Valuation
£44.7m
Pomanda estimates the enterprise value of ROCK-IT CARGO LIMITED at £44.7m based on an EBITDA of £6.4m and a 7x industry multiple (adjusted for size and gross margin).
rock-it cargo limitedEstimated Valuation
£12.5m
Pomanda estimates the enterprise value of ROCK-IT CARGO LIMITED at £12.5m based on Net Assets of £6.2m and 2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Rock-it Cargo LimitedOverview
Rock-it Cargo Limited is a live company located in london, E1 6RA with a Companies House number of 01414774. It operates in the other transportation support activities sector, SIC Code 52290. Founded in February 1979, it's largest shareholder is
rich forwarding ltd
with a 100% stake. Rock-it Cargo Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£45.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Rock-It Cargo Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
3 Regular
1 Weak
Size
annual sales of £45.8m, make it larger than the average company (£12.3m)
£45.8m - Rock-it Cargo Limited
£12.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 76%, show it is growing at a faster rate (12.3%)
76% - Rock-it Cargo Limited
12.3% - Industry AVG
Production
with a gross margin of 29.2%, this company has a lower cost of product (23.3%)
29.2% - Rock-it Cargo Limited
23.3% - Industry AVG
Profitability
an operating margin of 13.9% make it more profitable than the average company (5.2%)
13.9% - Rock-it Cargo Limited
5.2% - Industry AVG
Employees
with 53 employees, this is similar to the industry average (48)
53 - Rock-it Cargo Limited
48 - Industry AVG
Pay Structure
on an average salary of £90.6k, the company has a higher pay structure (£47.9k)
£90.6k - Rock-it Cargo Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £863.5k, this is more efficient (£267.9k)
£863.5k - Rock-it Cargo Limited
£267.9k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (45 days)
54 days - Rock-it Cargo Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (34 days)
53 days - Rock-it Cargo Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rock-it Cargo Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 20 weeks, this is more cash available to meet short term requirements (16 weeks)
20 weeks - Rock-it Cargo Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.2%, this is a similar level of debt than the average (60.5%)
64.2% - Rock-it Cargo Limited
60.5% - Industry AVG
ROCK-IT CARGO LIMITED financials
EXPORT
Rock-It Cargo Limited's latest turnover from December 2023 is £45.8 million and the company has net assets of £6.2 million. According to their latest financial statements, Rock-It Cargo Limited has 53 employees and maintains cash reserves of £4.4 million 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
45,767,312
43,276,860
9,445,262
8,400,170
22,190,502
22,931,293
17,095,607
14,052,396
15,909,965
15,092,687
15,142,080
15,433,992
14,950,444
15,408,703
12,228,929
Other Income Or Grants
Cost Of Sales
32,406,995
31,225,893
7,215,601
5,863,622
15,218,538
16,394,823
12,053,165
10,291,680
11,742,640
11,524,857
11,564,673
12,112,409
11,382,019
12,141,885
9,450,604
Gross Profit
13,360,317
12,050,967
2,229,661
2,536,548
6,971,964
6,536,470
5,042,442
3,760,716
4,167,325
3,567,830
3,577,407
3,321,583
3,568,425
3,266,818
2,778,325
Admin Expenses
7,019,959
6,539,158
1,856,462
2,279,619
4,069,466
3,697,894
3,158,096
2,982,420
2,784,067
2,739,659
2,645,030
2,533,442
2,337,875
2,870,417
2,276,396
Operating Profit
6,340,358
5,511,809
373,199
256,929
2,902,498
2,838,576
1,884,346
778,296
1,383,258
828,171
932,377
788,141
1,230,550
396,401
501,929
Interest Payable
29,283
2,593
279
1,593
4,520
27,529
83,012
92,530
92,437
92,804
92,531
92,484
92,490
7,890
665
Interest Receivable
42,177
1,093
86
1,555
6,547
11,563
18,859
22,631
21,060
20,683
20,907
22,724
18,684
2,666
2,419
Pre-Tax Profit
6,353,252
5,510,309
373,006
256,891
2,906,253
2,827,350
2,771,257
709,921
1,311,881
756,050
861,624
718,381
1,156,744
391,177
503,683
Tax
-1,594,723
-1,037,729
-101,520
-241,115
-420,038
-548,004
-316,851
-163,526
-142,738
-264,918
-258,981
-149,572
-279,927
-70,302
-164,512
Profit After Tax
4,758,529
4,472,580
271,486
15,776
2,486,215
2,279,346
2,454,406
546,395
1,169,143
491,132
602,643
568,809
876,817
320,875
339,171
Dividends Paid
7,937,630
160,901
473,942
929,872
844,171
3,796,062
1,256,368
807,036
160,485
385,969
1,470,969
270,969
224,750
693,530
Retained Profit
-3,179,101
4,311,679
-202,456
-914,096
1,642,044
-1,516,716
1,198,038
-260,641
1,008,658
105,163
-868,326
297,840
652,067
-372,655
339,171
Employee Costs
4,803,861
5,400,991
1,326,161
1,434,019
3,038,161
2,777,871
2,173,682
2,196,075
2,017,335
1,961,536
1,968,853
1,764,994
1,741,666
1,521,701
1,605,675
Number Of Employees
53
38
19
29
29
30
26
27
26
25
25
26
27
25
26
EBITDA*
6,390,230
5,552,901
414,235
256,929
2,953,587
2,894,274
1,945,772
836,601
1,436,043
882,888
979,335
810,716
1,244,409
413,247
537,074
* 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
138,599
163,482
95,402
135,271
96,765
109,369
161,013
177,233
223,713
215,966
236,405
261,176
19,370
20,414
27,630
Intangible Assets
Investments & Other
4,229,427
4,229,427
4,229,427
4,229,427
4,229,427
4,229,427
4,229,427
4,229,427
4,229,427
4,229,427
4,229,427
4,229,427
4,227,642
4,241,484
1,660
Debtors (Due After 1 year)
Total Fixed Assets
4,368,026
4,392,909
4,324,829
4,364,698
4,326,192
4,338,796
4,390,440
4,406,660
4,453,140
4,445,393
4,465,832
4,490,603
4,247,012
4,261,898
29,290
Stock & work in progress
Trade Debtors
6,815,284
9,305,818
1,849,068
113,976
1,339,092
1,381,779
1,778,415
803,274
1,294,384
1,004,110
917,236
1,198,950
1,779,679
1,057,889
919,263
Group Debtors
736,699
2,215,398
729,350
47,130
78,656
31,511
468,334
1,073,614
1,209,855
426,405
459,898
614,402
923,236
341,052
1,530,065
Misc Debtors
1,152,324
584,401
272,028
174,602
605,092
269,660
641,331
249,621
239,948
194,559
153,256
175,694
109,817
163,511
92,209
Cash
4,351,574
6,448,885
157,393
1,797,070
5,178,515
2,419,666
3,075,746
1,918,253
1,316,741
1,017,955
1,382,379
1,750,453
1,327,072
1,534,041
2,970,616
misc current assets
total current assets
13,055,881
18,554,502
3,007,839
2,132,778
7,201,355
4,102,616
5,963,826
4,044,762
4,060,928
2,643,029
2,912,769
3,739,499
4,139,804
3,096,493
5,512,153
total assets
17,423,907
22,947,411
7,332,668
6,497,476
11,527,547
8,441,412
10,354,266
8,451,422
8,514,068
7,088,422
7,378,601
8,230,102
8,386,816
7,358,391
5,541,443
Bank overdraft
Bank loan
Trade Creditors
4,793,457
3,944,059
975,976
202,407
1,235,881
1,630,583
1,850,505
813,011
952,769
911,108
877,055
1,375,241
1,418,280
897,378
721,525
Group/Directors Accounts
3,528,314
3,644,017
623,340
477,642
661,656
487,753
699,090
765,301
515,928
100,089
268,815
99,464
178,531
615,213
1,660
other short term finances
hp & lease commitments
other current liabilities
2,867,886
5,945,984
631,680
513,299
3,411,786
1,746,896
1,202,177
703,252
614,872
655,384
916,053
570,393
902,841
602,852
485,506
total current liabilities
11,189,657
13,534,060
2,230,996
1,193,348
5,309,323
3,865,232
3,751,772
2,281,564
2,083,569
1,666,581
2,061,923
2,045,098
2,499,652
2,115,443
1,208,691
loans
509,598
1,275,000
1,275,000
1,275,000
1,275,000
1,275,000
1,275,000
1,282,851
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
509,598
1,275,000
1,275,000
1,275,000
1,275,000
1,275,000
1,275,000
1,282,851
total liabilities
11,189,657
13,534,060
2,230,996
1,193,348
5,309,323
3,865,232
4,261,370
3,556,564
3,358,569
2,941,581
3,336,923
3,320,098
3,774,652
3,398,294
1,208,691
net assets
6,234,250
9,413,351
5,101,672
5,304,128
6,218,224
4,576,180
6,092,896
4,894,858
5,155,499
4,146,841
4,041,678
4,910,004
4,612,164
3,960,097
4,332,752
total shareholders funds
6,234,250
9,413,351
5,101,672
5,304,128
6,218,224
4,576,180
6,092,896
4,894,858
5,155,499
4,146,841
4,041,678
4,910,004
4,612,164
3,960,097
4,332,752
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
6,340,358
5,511,809
373,199
256,929
2,902,498
2,838,576
1,884,346
778,296
1,383,258
828,171
932,377
788,141
1,230,550
396,401
501,929
Depreciation
49,872
41,092
41,036
51,089
55,698
61,426
58,305
52,785
54,717
46,958
22,575
13,859
16,846
35,145
Amortisation
Tax
-1,594,723
-1,037,729
-101,520
-241,115
-420,038
-548,004
-316,851
-163,526
-142,738
-264,918
-258,981
-149,572
-279,927
-70,302
-164,512
Stock
Debtors
-3,401,310
9,255,171
2,514,738
-1,687,132
339,890
-1,205,130
761,571
-617,678
1,119,113
94,684
-458,656
-823,686
1,250,280
-979,085
2,541,537
Creditors
849,398
2,968,083
773,569
-1,033,474
-394,702
-219,922
1,037,494
-139,758
41,661
34,053
-498,186
-43,039
520,902
175,853
721,525
Accruals and Deferred Income
-3,078,098
5,314,304
118,381
-2,898,487
1,664,890
544,719
498,925
88,380
-40,512
-260,669
345,660
-332,448
299,989
117,346
485,506
Deferred Taxes & Provisions
Cash flow from operations
5,968,117
3,542,388
-1,310,073
-2,229,015
3,463,847
3,876,197
2,403,769
1,239,375
175,341
296,670
1,026,484
1,109,343
535,093
1,615,229
-961,944
Investing Activities
capital expenditure
-24,989
-109,172
-1,167
-4,054
905,858
-11,365
-60,532
-32,879
-19,793
-258,122
-12,815
-9,458
-19,778
Change in Investments
1,785
-13,842
4,239,824
1,660
cash flow from investments
-24,989
-109,172
-1,167
-4,054
905,858
-11,365
-60,532
-32,879
-19,793
-259,907
1,027
-4,249,282
-21,438
Financing Activities
Bank loans
Group/Directors Accounts
-115,703
3,020,677
145,698
-184,014
173,903
-211,337
-66,211
249,373
415,839
-168,726
169,351
-79,067
-436,682
613,553
1,660
Other Short Term Loans
Long term loans
-509,598
-765,402
-7,851
1,282,851
Hire Purchase and Lease Commitments
other long term liabilities
share issue
3,993,581
interest
12,894
-1,500
-193
-38
2,027
-15,966
-64,153
-69,899
-71,377
-72,121
-71,624
-69,760
-73,806
-5,224
1,754
cash flow from financing
-102,809
3,019,177
145,505
-184,052
175,930
-736,901
-895,766
179,474
344,462
-240,847
97,727
-148,827
-518,339
1,891,180
3,996,995
cash and cash equivalents
cash
-2,097,311
6,291,492
-1,639,677
-3,381,445
2,758,849
-656,080
1,157,493
601,512
298,786
-364,424
-368,074
423,381
-206,969
-1,436,575
2,970,616
overdraft
change in cash
-2,097,311
6,291,492
-1,639,677
-3,381,445
2,758,849
-656,080
1,157,493
601,512
298,786
-364,424
-368,074
423,381
-206,969
-1,436,575
2,970,616
rock-it cargo 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 rock-it cargo limited. Get real-time insights into rock-it cargo limited's credit score, group structure and payment trends.
Perform a competitor analysis for rock-it cargo limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in E 1 area or any other competitors across 12 key performance metrics.
rock-it cargo limited Ownership
ROCK-IT CARGO LIMITED group structure
Rock-It Cargo Limited has no subsidiary companies.
The sole shareholder of Rock-It Cargo Limited is Rich Forwarding Ltd.
rich forwarding ltd
100%
rock-it cargo limited directors
Rock-It Cargo Limited currently has 4 directors.
The longest serving directors include
Mr Miles Cowdry (Jul 2020) and
Mr Christopher Palmer (Dec 2020).
2nd floor, 168 shoreditch high street, london, E1 6RA
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
rock-it cargo 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 7 charges/mortgages relating to rock-it cargo limited. Currently there are 3 open charges and 4 have been satisfied in the past.
rock-it cargo 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 ROCK-IT CARGO LIMITED. This can take several minutes, an email will notify you when this has completed.
rock-it cargo limitedCompanies House Filings - See Documents
