simpson raine limited
simpson raine limited Company Information
Group Structure
View All
Industry
Taxi operation
Registered Address
46-54 high street, ingatestone, essex, CM4 9DW
Website
http://bath-taxis.comsimpson raine limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPSON RAINE LIMITED at £131.6k based on a Turnover of £101.1k and 1.3x industry multiple (adjusted for size and gross margin).
simpson raine limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPSON RAINE LIMITED at £0 based on an EBITDA of £-433.1k and a 3.38x industry multiple (adjusted for size and gross margin).
simpson raine limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPSON RAINE LIMITED at £0 based on Net Assets of £-51.8k and 2.48x industry multiple (adjusted for liquidity).
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Simpson Raine Limited Overview
Simpson Raine Limited is a live company located in essex, CM4 9DW with a Companies House number of 02413161. It operates in the taxi operation sector, SIC Code 49320. Founded in August 1989, it's largest shareholder is dreamlawn ltd with a 100% stake. Simpson Raine Limited is a mature, micro sized company, Pomanda has estimated its turnover at £101.1k with declining growth in recent years.
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Simpson Raine Limited Health Check
Pomanda's financial health check has awarded Simpson Raine Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £60.1k, make it smaller than the average company (£588.7k)
- Simpson Raine Limited
£588.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -75%, show it is growing at a slower rate (-5.6%)
- Simpson Raine Limited
-5.6% - Industry AVG
Production
with a gross margin of 47.4%, this company has a comparable cost of product (47.4%)
- Simpson Raine Limited
47.4% - Industry AVG
Profitability
an operating margin of -719.5% make it less profitable than the average company (4.6%)
- Simpson Raine Limited
4.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
1 - Simpson Raine Limited
16 - Industry AVG
Pay Structure
on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)
- Simpson Raine Limited
£26.9k - Industry AVG
Efficiency
resulting in sales per employee of £60.1k, this is less efficient (£80.2k)
- Simpson Raine Limited
£80.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Simpson Raine Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (19 days)
- Simpson Raine Limited
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simpson Raine Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (32 weeks)
0 weeks - Simpson Raine Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1291.4%, this is a higher level of debt than the average (67.7%)
1291.4% - Simpson Raine Limited
67.7% - Industry AVG
SIMPSON RAINE LIMITED financials
Simpson Raine Limited's latest turnover from December 2022 is estimated at £101.1 thousand and the company has net assets of -£51.8 thousand. According to their latest financial statements, Simpson Raine Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Sep 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 820,353 | 1,260,826 | 637,542 | 657,778 | ||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 128,839 | 244,995 | 308,657 | 341,829 | ||||||||||
| Gross Profit | 691,514 | 1,015,831 | 328,885 | 315,949 | ||||||||||
| Admin Expenses | 673,326 | 973,425 | 328,545 | 300,173 | ||||||||||
| Operating Profit | 18,188 | 42,406 | 340 | 15,776 | ||||||||||
| Interest Payable | 18 | |||||||||||||
| Interest Receivable | 79 | |||||||||||||
| Pre-Tax Profit | 18,188 | 42,388 | 340 | 15,855 | ||||||||||
| Tax | 931 | -23,508 | -13,352 | 5,045 | ||||||||||
| Profit After Tax | 19,119 | 18,880 | -13,012 | 20,900 | ||||||||||
| Dividends Paid | 107,775 | 120,134 | ||||||||||||
| Retained Profit | 19,119 | 18,880 | -120,787 | -99,234 | ||||||||||
| Employee Costs | 2,387 | |||||||||||||
| Number Of Employees | 1 | 1 | 2 | 2 | 2 | |||||||||
| EBITDA* | 18,188 | 42,406 | 59,006 | 56,100 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Sep 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,129,539 | 2,033,316 | 241,477 | 270,815 | 376,842 | 364,137 | ||||||||
| Intangible Assets | 14,095 | 14,733 | 15,583 | 16,433 | ||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 2,129,539 | 2,033,316 | 255,572 | 285,548 | 392,425 | 380,570 | ||||||||
| Stock & work in progress | 1,828,868 | 2,421,633 | ||||||||||||
| Trade Debtors | 2,540,641 | 1,017,692 | 461,868 | 462,858 | 79,395 | 80,416 | 230,087 | 265,143 | 101,240 | 137,573 | ||||
| Group Debtors | 411,114 | 390,452 | ||||||||||||
| Misc Debtors | 4,236 | 2,008,594 | 198,723 | 1,352 | ||||||||||
| Cash | 4 | 388 | 4 | 4,460 | 24,122 | 45,326 | 47,004 | 1,313 | 17,812 | |||||
| misc current assets | ||||||||||||||
| total current assets | 4,240 | 2,540,641 | 3,837,850 | 2,620,360 | 1,017,692 | 461,868 | 462,858 | 496,321 | 494,990 | 275,413 | 312,147 | 102,553 | 155,385 | |
| total assets | 4,240 | 4,670,180 | 5,871,166 | 2,620,360 | 1,017,692 | 461,868 | 462,858 | 496,321 | 494,990 | 530,985 | 597,695 | 494,978 | 535,955 | |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 4,127 | 2,510,470 | 6,819 | 32,708 | 556,891 | 991 | 10,245 | 78,870 | 145,974 | 179,591 | 83,967 | |||
| Group/Directors Accounts | 2,912,051 | 2,142,282 | ||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 446,760 | 800 | ||||||||||||
| other current liabilities | 1,209 | 5,330 | 8,668 | 38,413 | 45,956 | 33,374 | ||||||||
| total current liabilities | 1,209 | 4,127 | 2,510,470 | 3,370,960 | 2,183,658 | 556,891 | 991 | 38,413 | 56,201 | 78,870 | 145,974 | 179,591 | 118,141 | |
| loans | 50,630 | 50,627 | ||||||||||||
| hp & lease commitments | 1,076,446 | 15,056 | 6,335 | |||||||||||
| Accruals and Deferred Income | 700 | |||||||||||||
| other liabilities | 1,799,573 | 980,000 | 11,767 | 16,832 | ||||||||||
| provisions | 20,439 | 22,113 | 18,510 | 8,871 | ||||||||||
| total long term liabilities | 50,630 | 50,627 | 1,799,573 | 2,056,446 | 700 | 32,206 | 38,945 | 33,566 | 15,206 | |||||
| total liabilities | 51,839 | 54,754 | 4,310,043 | 5,427,406 | 2,183,658 | 557,591 | 991 | 38,413 | 56,201 | 111,076 | 184,919 | 213,157 | 133,347 | |
| net assets | -51,839 | -50,514 | 360,137 | 443,760 | 436,702 | 460,101 | 461,868 | 461,867 | 457,908 | 438,789 | 419,909 | 412,776 | 281,821 | 402,608 |
| total shareholders funds | -51,839 | -50,514 | 360,137 | 443,760 | 436,702 | 460,101 | 461,868 | 461,867 | 457,908 | 438,789 | 419,909 | 412,776 | 281,821 | 402,608 |
| Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Sep 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 18,188 | 42,406 | 340 | 15,776 | ||||||||||
| Depreciation | 29,338 | 45,363 | 57,816 | 40,324 | ||||||||||
| Amortisation | 638 | 850 | 850 | |||||||||||
| Tax | 931 | -23,508 | -13,352 | 5,045 | ||||||||||
| Stock | -1,828,868 | -592,765 | 2,421,633 | |||||||||||
| Debtors | -2,540,641 | -2,536,405 | 532,047 | 1,809,871 | -818,969 | 555,824 | -990 | -29,003 | 20,993 | 470,868 | -35,056 | 163,903 | -36,333 | 137,573 |
| Creditors | -2,510,470 | -2,506,343 | 2,503,651 | -25,889 | -524,183 | 556,891 | -991 | 991 | -10,245 | 10,245 | -67,104 | -33,617 | 95,624 | 83,967 |
| Accruals and Deferred Income | 1,209 | -5,330 | -3,338 | 7,968 | 700 | -38,413 | -7,543 | 45,956 | -33,374 | 33,374 | ||||
| Deferred Taxes & Provisions | -1,674 | 3,603 | 9,639 | 8,871 | ||||||||||
| Cash flow from operations | -19,662 | -395,769 | 153,876 | 49,784 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -2,912,051 | 769,769 | 2,142,282 | |||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | 50,630 | 50,627 | ||||||||||||
| Hire Purchase and Lease Commitments | -1,523,206 | 1,523,206 | -15,056 | 7,921 | 7,135 | |||||||||
| other long term liabilities | -1,799,573 | -1,799,573 | 819,573 | 980,000 | -5,065 | 16,832 | ||||||||
| share issue | ||||||||||||||
| interest | -18 | 79 | ||||||||||||
| cash flow from financing | 419,891 | 7,921 | 509,056 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 4 | -388 | 384 | 4 | -4,460 | -19,662 | 24,122 | -1,678 | 45,691 | -16,499 | 17,812 | |||
| overdraft | ||||||||||||||
| change in cash | 4 | -388 | 384 | 4 | -4,460 | -19,662 | 24,122 | -1,678 | 45,691 | -16,499 | 17,812 |
simpson raine limited Credit Report and Business Information
Simpson Raine Limited Competitor Analysis
Perform a competitor analysis for simpson raine limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in CM4 area or any other competitors across 12 key performance metrics.
simpson raine limited Ownership
SIMPSON RAINE LIMITED group structure
Simpson Raine Limited has no subsidiary companies.
Ultimate parent company
DREAMLAWN LTD
#0022795
1 parent
SIMPSON RAINE LIMITED
02413161
simpson raine limited directors
Simpson Raine Limited currently has 1 director, Mr James Curliss serving since Apr 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Curliss | England | 60 years | Apr 2021 | - | Director |
P&L
December 2022turnover
101.1k
-100%
operating profit
-433.1k
0%
gross margin
45.7%
-2.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-51.8k
-1.14%
total assets
0
-1%
cash
0
0%
net assets
Total assets minus all liabilities
simpson raine limited company details
company number
02413161
Type
Private limited with Share Capital
industry
49320 - Taxi operation
incorporation date
August 1989
age
36
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
simpson raine 2 limited (September 2017)
abbey taxis limited (July 2017)
accountant
-
auditor
-
address
46-54 high street, ingatestone, essex, CM4 9DW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
simpson raine 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 5 charges/mortgages relating to simpson raine limited. Currently there are 0 open charges and 5 have been satisfied in the past.
simpson raine 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 SIMPSON RAINE LIMITED. This can take several minutes, an email will notify you when this has completed.
simpson raine limited Companies House Filings - See Documents
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