rowan business solutions ltd

rowan business solutions ltd Company Information

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MatureMicroDeclining

Company Number

02593038

Industry

Bookkeeping activities

 

Shareholders

christopher michael lamb

susan mary lamb

Group Structure

View All

Contact

Registered Address

little lodge lewes road, ridgewood, uckfield, TN22 5SH

rowan business solutions ltd Estimated Valuation

£12.4k

Pomanda estimates the enterprise value of ROWAN BUSINESS SOLUTIONS LTD at £12.4k based on a Turnover of £22.9k and 0.54x industry multiple (adjusted for size and gross margin).

rowan business solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ROWAN BUSINESS SOLUTIONS LTD at £0 based on an EBITDA of £-6.8k and a 2.84x industry multiple (adjusted for size and gross margin).

rowan business solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ROWAN BUSINESS SOLUTIONS LTD at £0 based on Net Assets of £-63.7k and 3.68x industry multiple (adjusted for liquidity).

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Rowan Business Solutions Ltd Overview

Rowan Business Solutions Ltd is a live company located in uckfield, TN22 5SH with a Companies House number of 02593038. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in March 1991, it's largest shareholder is christopher michael lamb with a 98% stake. Rowan Business Solutions Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £22.9k with declining growth in recent years.

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Rowan Business Solutions Ltd Health Check

Pomanda's financial health check has awarded Rowan Business Solutions Ltd a 1.5 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

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £22.9k, make it smaller than the average company (£79k)

£22.9k - Rowan Business Solutions Ltd

£79k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (5.4%)

-32% - Rowan Business Solutions Ltd

5.4% - Industry AVG

production

Production

with a gross margin of 65%, this company has a comparable cost of product (65%)

65% - Rowan Business Solutions Ltd

65% - Industry AVG

profitability

Profitability

an operating margin of -29.7% make it less profitable than the average company (5%)

-29.7% - Rowan Business Solutions Ltd

5% - Industry AVG

employees

Employees

with 2 employees, this is similar to the industry average (2)

2 - Rowan Business Solutions Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £16.6k, the company has an equivalent pay structure (£16.6k)

£16.6k - Rowan Business Solutions Ltd

£16.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £11.4k, this is less efficient (£44k)

£11.4k - Rowan Business Solutions Ltd

£44k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (54 days)

1 days - Rowan Business Solutions Ltd

54 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Rowan Business Solutions Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rowan Business Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (35 weeks)

0 weeks - Rowan Business Solutions Ltd

35 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3820.2%, this is a higher level of debt than the average (79.4%)

3820.2% - Rowan Business Solutions Ltd

79.4% - Industry AVG

ROWAN BUSINESS SOLUTIONS LTD financials

EXPORTms excel logo

Rowan Business Solutions Ltd's latest turnover from April 2024 is estimated at £22.9 thousand and the company has net assets of -£63.7 thousand. According to their latest financial statements, Rowan Business Solutions Ltd has 2 employees and maintains cash reserves of £141 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover22,87821,86022,28172,70530,50478,4927277,4942,97001,6729148,4333,7060
Other Income Or Grants000000000000000
Cost Of Sales8,0125,7695,2303,1904,3573,622374761430116824963020
Gross Profit14,86716,09117,05169,51526,14774,8706907,0182,82601,5568327,9373,4040
Admin Expenses21,66124,92025,06576,22430,54973,7233,57611,4118,333-73210,0395,9583,3102,3993,735
Operating Profit-6,794-8,829-8,014-6,709-4,4021,147-2,886-4,393-5,507732-8,483-5,1264,6271,005-3,735
Interest Payable0006871,2881,2921,1365120000000
Interest Receivable28376113300991000
Pre-Tax Profit-6,766-8,792-8,008-7,395-5,690-142-4,019-4,904-5,507741-8,474-5,1254,6281,005-3,735
Tax000000000-14800-1,111-2610
Profit After Tax-6,766-8,792-8,008-7,395-5,690-142-4,019-4,904-5,507593-8,474-5,1253,517744-3,735
Dividends Paid000000000000000
Retained Profit-6,766-8,792-8,008-7,395-5,690-142-4,019-4,904-5,507593-8,474-5,1253,517744-3,735
Employee Costs33,25730,00032,32732,24025,90828,60222,43723,02320,753018,49128,74128,56412,5950
Number Of Employees222222111011110
EBITDA*-6,794-8,829-8,014-6,442-4,1351,414-2,886-4,393-5,507978-8,217-4,9814,6271,103-3,735

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets111270537804118332957543822100
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets111270537804118332957543822100
Stock & work in progress000000000000000
Trade Debtors11767134073701101,1952930142967414590
Group Debtors000000000000000
Misc Debtors1,4521,5069289078771,26386116201921927471,25803,000
Cash1419418178831,01112869838001323,397551582413
misc current assets00000000388000000
total current assets1,7102,5141,8791,7902,6251,3911,6691,7376813243,7318982,1574833,013
total assets1,7112,5151,8802,0603,1622,1951,6701,7387646534,3061,3362,1594853,113
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 00000300017,20300410000
Group/Directors Accounts65,36359,40149,49441,66612,9068,6028,9565,362012,14215,2924,48402,1530
other short term finances000022,51619,72218,57316,3700000000
hp & lease commitments000000000000000
other current liabilities004804804808911,0492,89509892,0851,0391,6311,3216,846
total current liabilities65,36359,40149,97442,14635,90229,24528,57824,62717,20313,13117,3775,9331,6313,4746,846
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000001,548000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000001,548000000
total liabilities65,36359,40149,97442,14635,90229,24528,57824,62718,75113,13117,3775,9331,6313,4746,846
net assets-63,652-56,886-48,094-40,086-32,740-27,050-26,908-22,889-17,987-12,478-13,071-4,597528-2,989-3,733
total shareholders funds-63,652-56,886-48,094-40,086-32,740-27,050-26,908-22,889-17,987-12,478-13,071-4,597528-2,989-3,733
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-6,794-8,829-8,014-6,709-4,4021,147-2,886-4,393-5,507732-8,483-5,1264,6271,005-3,735
Depreciation0002672672670002462661450980
Amortisation000000000000000
Tax000000000-14800-1,111-2610
Stock000000000000000
Debtors-4511155-707351292-3861,064101-142-509-1,1561,540-2,5413,000
Creditors0000-30300-17,20317,2030-410410000
Accruals and Deferred Income0-48000-411-158-1,8461,347559-1,0961,046-592310-5,5256,846
Deferred Taxes & Provisions000000000000000
Cash flow from operations-6,790-9,820-8,169-5,735-4,927994-4,346-21,31312,154-124-7,072-4,0072,286-2,142111
Investing Activities
capital expenditure0026900-1,0700822460-403-58100-100
Change in Investments000000000000000
cash flow from investments0026900-1,0700822460-403-58100-100
Financing Activities
Bank loans000000000000000
Group/Directors Accounts5,9629,9077,82828,7604,304-3543,5945,362-12,142-3,15010,8084,484-2,1532,1530
Other Short Term Loans 000-22,5162,7941,1492,20316,3700000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000490002-2000002
interest28376-686-1,287-1,289-1,133-5120991000
cash flow from financing5,9909,9447,8345,6075,811-4944,66421,222-12,144-3,14110,8174,485-2,1532,1532
cash and cash equivalents
cash-800124-66-128883-570318380-132-3,2653,342-1031341113
overdraft000000000000000
change in cash-800124-66-128883-570318380-132-3,2653,342-1031341113

rowan business solutions ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Rowan Business Solutions Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rowan business solutions ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TN22 area or any other competitors across 12 key performance metrics.

rowan business solutions ltd Ownership

ROWAN BUSINESS SOLUTIONS LTD group structure

Rowan Business Solutions Ltd has no subsidiary companies.

Ultimate parent company

ROWAN BUSINESS SOLUTIONS LTD

02593038

ROWAN BUSINESS SOLUTIONS LTD Shareholders

christopher michael lamb 98.04%
susan mary lamb 1.96%

rowan business solutions ltd directors

Rowan Business Solutions Ltd currently has 2 directors. The longest serving directors include Mr Christopher Lamb (Apr 1991) and Mrs Susan Lamb (Apr 1991).

officercountryagestartendrole
Mr Christopher Lamb66 years Apr 1991- Director
Mrs Susan LambEngland63 years Apr 1991- Director

P&L

April 2024

turnover

22.9k

+5%

operating profit

-6.8k

0%

gross margin

65%

-11.72%

turnover

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

Balance Sheet

April 2024

net assets

-63.7k

+0.12%

total assets

1.7k

-0.32%

cash

141

-0.85%

net assets

Total assets minus all liabilities

rowan business solutions ltd company details

company number

02593038

Type

Private limited with Share Capital

industry

69202 - Bookkeeping activities

incorporation date

March 1991

age

33

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

castle research limited (May 2007)

guildhall corporate research limited (March 2005)

accountant

-

auditor

-

address

little lodge lewes road, ridgewood, uckfield, TN22 5SH

Bank

HSBC BANK PLC

Legal Advisor

-

rowan business solutions ltd 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 did not find charges/mortgages relating to rowan business solutions ltd.

rowan business solutions ltd Capital Raised & Share Issues BETA

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rowan business solutions ltd Companies House Filings - See Documents

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