Pomanda estimates the enterprise value of ROVEX MANUFACTURING LIMITED at £291.4k based on a Turnover of £743.6k and 0.39x industry multiple (adjusted for size and gross margin).
rovex manufacturing limitedEstimated Valuation
£141.9k
Pomanda estimates the enterprise value of ROVEX MANUFACTURING LIMITED at £141.9k based on an EBITDA of £38.6k and a 3.67x industry multiple (adjusted for size and gross margin).
rovex manufacturing limitedEstimated Valuation
£1.5m
Pomanda estimates the enterprise value of ROVEX MANUFACTURING LIMITED at £1.5m based on Net Assets of £516k and 2.83x industry multiple (adjusted for liquidity).
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Rovex Manufacturing LimitedOverview
Rovex Manufacturing Limited is a live company located in birmingham, B11 3RP with a Companies House number of 02458847. It operates in the other construction installation sector, SIC Code 43290. Founded in January 1990, it's largest shareholder is
h. sagoo
with a 100% stake. Rovex Manufacturing Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£743.6k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Rovex Manufacturing Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
4 Weak
Size
annual sales of £743.6k, make it smaller than the average company (£980.3k)
£743.6k - Rovex Manufacturing Limited
£980.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (12.1%)
8% - Rovex Manufacturing Limited
12.1% - Industry AVG
Production
with a gross margin of 28.4%, this company has a comparable cost of product (28.4%)
28.4% - Rovex Manufacturing Limited
28.4% - Industry AVG
Profitability
an operating margin of 4.4% make it less profitable than the average company (6.7%)
4.4% - Rovex Manufacturing Limited
6.7% - Industry AVG
Employees
with 8 employees, this is similar to the industry average (9)
8 - Rovex Manufacturing Limited
9 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)
£42.2k - Rovex Manufacturing Limited
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £93k, this is less efficient (£175.3k)
£93k - Rovex Manufacturing Limited
£175.3k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is earlier than average (55 days)
43 days - Rovex Manufacturing Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (39 days)
68 days - Rovex Manufacturing Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is less than average (20 days)
15 days - Rovex Manufacturing Limited
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 24 weeks, this is average cash available to meet short term requirements (25 weeks)
24 weeks - Rovex Manufacturing Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.1%, this is a lower level of debt than the average (60.5%)
37.1% - Rovex Manufacturing Limited
60.5% - Industry AVG
ROVEX MANUFACTURING LIMITED financials
EXPORT
Rovex Manufacturing Limited's latest turnover from March 2024 is estimated at £743.6 thousand and the company has net assets of £516 thousand. According to their latest financial statements, Rovex Manufacturing Limited has 8 employees and maintains cash reserves of £138.1 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
743,615
628,710
801,200
588,839
576,626
398,769
627,204
626,108
656,280
442,014
469,129
573,136
488,928
617,943
567,321
Other Income Or Grants
Cost Of Sales
532,673
455,625
580,741
423,009
414,068
287,418
451,119
442,983
467,467
312,638
339,667
413,371
342,526
422,587
389,968
Gross Profit
210,942
173,085
220,459
165,829
162,558
111,351
176,085
183,124
188,813
129,376
129,462
159,765
146,402
195,356
177,353
Admin Expenses
178,477
197,869
54,627
78,920
122,160
66,500
104,715
158,033
160,072
129,551
128,451
154,742
141,753
212,442
-111,419
Operating Profit
32,465
-24,784
165,832
86,909
40,398
44,851
71,370
25,091
28,741
-175
1,011
5,023
4,649
-17,086
288,772
Interest Payable
20,695
19,365
7,697
2,389
4,360
7,201
7,625
6,668
2,953
3,647
7,597
3,951
Interest Receivable
8,890
9,231
1,511
224
256
1,612
864
290
312
312
410
454
423
468
293
Pre-Tax Profit
20,660
-34,918
159,646
84,744
36,294
39,262
64,609
18,713
26,100
137
-2,225
-2,121
1,122
-16,618
289,065
Tax
-5,165
-30,333
-16,101
-6,896
-7,460
-12,276
-3,742
-5,220
-29
-292
-80,938
Profit After Tax
15,495
-34,918
129,313
68,643
29,398
31,802
52,333
14,970
20,880
108
-2,225
-2,121
830
-16,618
208,127
Dividends Paid
Retained Profit
15,495
-34,918
129,313
68,643
29,398
31,802
52,333
14,970
20,880
108
-2,225
-2,121
830
-16,618
208,127
Employee Costs
337,971
364,907
362,679
351,698
330,487
202,722
191,309
180,180
214,458
107,584
102,791
130,716
133,495
196,175
170,074
Number Of Employees
8
9
9
9
8
5
5
5
6
3
3
4
4
6
5
EBITDA*
38,626
-16,611
175,172
98,566
44,772
49,882
80,808
34,567
40,550
4,620
6,604
10,123
12,085
-13,946
292,159
* 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
205,680
211,841
220,014
229,354
213,429
217,803
222,834
232,426
241,902
223,184
227,979
233,572
238,672
227,820
230,960
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
205,680
211,841
220,014
229,354
213,429
217,803
222,834
232,426
241,902
223,184
227,979
233,572
238,672
227,820
230,960
Stock & work in progress
22,148
13,874
13,375
3,600
4,032
3,642
4,038
6,779
9,685
21,040
22,775
25,490
27,497
53,060
53,060
Trade Debtors
88,815
64,685
138,727
74,857
43,079
48,858
105,162
95,030
102,856
85,641
76,432
91,214
73,701
89,064
65,347
Group Debtors
Misc Debtors
1,789
1,049
9,232
Cash
138,058
200,613
233,807
169,085
278,732
233,720
196,188
149,538
82,203
42,581
82,027
82,012
99,532
69,826
117,382
misc current assets
364,373
293,571
292,493
126,852
total current assets
615,183
573,792
678,402
374,394
335,075
286,220
305,388
251,347
194,744
149,262
181,234
198,716
200,730
211,950
235,789
total assets
820,863
785,633
898,416
603,748
548,504
504,023
528,222
483,773
436,646
372,446
409,213
432,288
439,402
439,770
466,749
Bank overdraft
5,230
4,895
5,067
5,160
5,095
10,668
10,449
10,204
10,143
Bank loan
Trade Creditors
100,357
77,956
86,188
93,807
109,808
61,330
87,564
89,451
55,452
51,258
74,823
81,785
73,280
76,122
76,902
Group/Directors Accounts
other short term finances
159,999
159,999
159,999
hp & lease commitments
2,845
5,730
5,730
5,729
5,730
other current liabilities
22,990
20,741
85,345
67,198
56,657
23,752
35,858
24,720
9,253
total current liabilities
288,576
263,591
336,599
166,165
174,405
101,480
139,601
130,104
80,578
51,258
74,823
81,785
73,280
76,122
76,902
loans
16,268
21,518
26,375
31,454
36,613
90,586
101,661
112,312
80,722
112,200
121,567
hp & lease commitments
3,869
8,674
14,404
Accruals and Deferred Income
other liabilities
62,163
133,085
146,395
48,083
52,214
172,137
181,718
provisions
2,000
3,000
4,200
total long term liabilities
16,268
21,518
26,375
31,454
36,613
94,455
112,335
129,716
147,085
133,085
146,395
160,283
173,781
172,137
181,718
total liabilities
304,844
285,109
362,974
197,619
211,018
195,935
251,936
259,820
227,663
184,343
221,218
242,068
247,061
248,259
258,620
net assets
516,019
500,524
535,442
406,129
337,486
308,088
276,286
223,953
208,983
188,103
187,995
190,220
192,341
191,511
208,129
total shareholders funds
516,019
500,524
535,442
406,129
337,486
308,088
276,286
223,953
208,983
188,103
187,995
190,220
192,341
191,511
208,129
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
32,465
-24,784
165,832
86,909
40,398
44,851
71,370
25,091
28,741
-175
1,011
5,023
4,649
-17,086
288,772
Depreciation
6,161
8,173
9,340
11,657
4,374
5,031
9,438
9,476
11,809
4,795
5,593
5,100
7,436
3,140
3,387
Amortisation
Tax
-5,165
-30,333
-16,101
-6,896
-7,460
-12,276
-3,742
-5,220
-29
-292
-80,938
Stock
8,274
499
9,775
-432
390
-396
-2,741
-2,906
-11,355
-1,735
-2,715
-2,007
-25,563
53,060
Debtors
24,870
-72,993
63,870
22,546
3,453
-56,304
10,132
-7,826
17,215
9,209
-14,782
17,513
-15,363
23,717
65,347
Creditors
22,401
-8,232
-7,619
-16,001
48,478
-26,234
-1,887
33,999
4,194
-23,565
-6,962
8,505
-2,842
-780
76,902
Accruals and Deferred Income
2,249
-64,604
18,147
10,541
32,905
-12,106
11,138
15,467
9,253
Deferred Taxes & Provisions
-2,000
-1,000
-1,200
4,200
Cash flow from operations
24,967
-16,953
81,722
54,891
115,416
58,782
69,392
89,823
47,117
-26,448
17,139
3,122
49,877
-38,443
169,716
Investing Activities
capital expenditure
-27,582
154
-30,527
-18,288
-234,347
Change in Investments
cash flow from investments
-27,582
154
-30,527
-18,288
-234,347
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
159,999
Long term loans
-5,250
-4,857
-5,079
-5,159
-53,973
-11,075
-10,651
31,590
80,722
-112,200
-9,367
121,567
Hire Purchase and Lease Commitments
-2,845
-6,754
-4,805
-5,729
14,403
5,730
other long term liabilities
-62,163
-70,922
-13,310
98,312
-4,131
-119,923
-9,581
181,718
share issue
2
interest
-11,805
-10,134
-6,186
-2,165
-4,104
-5,589
-6,761
-6,378
-2,641
312
-3,237
-7,143
-3,528
468
293
cash flow from financing
-17,055
-14,991
148,734
-10,169
-64,831
-21,469
-23,141
-22,548
12,889
-12,998
-17,125
-20,641
-1,884
-9,113
182,013
cash and cash equivalents
cash
-62,555
-33,194
64,722
-109,647
45,012
37,532
46,650
67,335
39,622
-39,446
15
-17,520
29,706
-47,556
117,382
overdraft
335
-172
-93
65
-5,573
219
245
61
10,143
change in cash
-62,890
-33,022
64,815
-109,712
50,585
37,313
46,405
67,274
29,479
-39,446
15
-17,520
29,706
-47,556
117,382
rovex manufacturing 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 rovex manufacturing limited. Get real-time insights into rovex manufacturing limited's credit score, group structure and payment trends.
Perform a competitor analysis for rovex manufacturing limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in B11 area or any other competitors across 12 key performance metrics.
rovex manufacturing limited Ownership
ROVEX MANUFACTURING LIMITED group structure
Rovex Manufacturing Limited has no subsidiary companies.
Ultimate parent company
ROVEX MANUFACTURING LIMITED
02458847
ROVEX MANUFACTURING LIMITED Shareholders
The sole shareholder of Rovex Manufacturing Limited is H. Sagoo.
h. sagoo
100%
rovex manufacturing limited directors
Rovex Manufacturing Limited currently has 1 director, Mr Harjinder Sagoo serving since Jan 1992.
unit 4 weston lane industrial es, weston lane, birmingham, B11 3RP
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
rovex manufacturing 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 1 charges/mortgages relating to rovex manufacturing limited. Currently there are 1 open charges and 0 have been satisfied in the past.
rovex manufacturing 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 ROVEX MANUFACTURING LIMITED. This can take several minutes, an email will notify you when this has completed.
rovex manufacturing limitedCompanies House Filings - See Documents
