royal collection enterprises limited
royal collection enterprises limited Company Information
Company Number
02778486
Registered Address
york house st. james's palace, london, SW1A 1BQ
Industry
Operation of historical sites and buildings and similar visitor attractions
Other retail sale in non-specialised stores
Telephone
02078391377
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
trustees of royal collection trust 100%
royal collection enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of ROYAL COLLECTION ENTERPRISES LIMITED at £87.3m based on a Turnover of £51.2m and 1.7x industry multiple (adjusted for size and gross margin).
royal collection enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of ROYAL COLLECTION ENTERPRISES LIMITED at £73.6m based on an EBITDA of £9.4m and a 7.82x industry multiple (adjusted for size and gross margin).
royal collection enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of ROYAL COLLECTION ENTERPRISES LIMITED at £1.7m based on Net Assets of £500k and 3.4x industry multiple (adjusted for liquidity).
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Royal Collection Enterprises Limited Overview
Royal Collection Enterprises Limited is a live company located in london, SW1A 1BQ with a Companies House number of 02778486. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in January 1993, it's largest shareholder is trustees of royal collection trust with a 100% stake. Royal Collection Enterprises Limited is a mature, large sized company, Pomanda has estimated its turnover at £51.2m with declining growth in recent years.
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Royal Collection Enterprises Limited Health Check
Pomanda's financial health check has awarded Royal Collection Enterprises Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £51.2m, make it larger than the average company (£807.5k)
£51.2m - Royal Collection Enterprises Limited
£807.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (2.7%)
-4% - Royal Collection Enterprises Limited
2.7% - Industry AVG
Production
with a gross margin of 25%, this company has a higher cost of product (47.8%)
25% - Royal Collection Enterprises Limited
47.8% - Industry AVG
Profitability
an operating margin of 17.9% make it more profitable than the average company (8.9%)
17.9% - Royal Collection Enterprises Limited
8.9% - Industry AVG
Employees
with 500 employees, this is above the industry average (21)
500 - Royal Collection Enterprises Limited
21 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has a higher pay structure (£19.5k)
£32.9k - Royal Collection Enterprises Limited
£19.5k - Industry AVG
Efficiency
resulting in sales per employee of £102.4k, this is more efficient (£72.1k)
£102.4k - Royal Collection Enterprises Limited
£72.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (8 days)
1 days - Royal Collection Enterprises Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (32 days)
16 days - Royal Collection Enterprises Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 52 days, this is in line with average (64 days)
52 days - Royal Collection Enterprises Limited
64 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (84 weeks)
4 weeks - Royal Collection Enterprises Limited
84 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.8%, this is a higher level of debt than the average (38.9%)
97.8% - Royal Collection Enterprises Limited
38.9% - Industry AVG
ROYAL COLLECTION ENTERPRISES LIMITED financials
Royal Collection Enterprises Limited's latest turnover from March 2023 is £51.2 million and the company has net assets of £500 thousand. According to their latest financial statements, Royal Collection Enterprises Limited has 500 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 51,222,000 | 31,251,000 | 28,692,000 | 57,913,000 | 57,608,000 | 50,453,000 | 49,681,000 | 44,207,000 | 40,702,000 | 42,413,000 | 41,467,000 | 38,968,000 | 31,737,000 | 27,951,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 38,406,000 | 25,374,000 | 25,846,000 | 47,327,000 | 46,065,000 | 40,870,000 | 40,206,000 | 36,111,000 | 33,684,000 | 33,586,000 | 31,902,000 | 30,232,000 | 25,776,000 | 23,669,000 |
| Gross Profit | 12,816,000 | 5,877,000 | 2,846,000 | 10,586,000 | 11,543,000 | 9,583,000 | 9,475,000 | 8,096,000 | 7,018,000 | 8,827,000 | 9,565,000 | 8,736,000 | 5,961,000 | 4,282,000 |
| Admin Expenses | 3,659,000 | 2,636,000 | 2,605,000 | 2,789,000 | 2,892,000 | 2,530,000 | 2,241,000 | 1,998,000 | 1,806,000 | 1,903,000 | 1,701,000 | 1,985,000 | -1,914,000 | 1,463,000 |
| Operating Profit | 9,157,000 | 3,241,000 | 241,000 | 7,797,000 | 8,651,000 | 7,053,000 | 7,234,000 | 6,098,000 | 5,212,000 | 6,924,000 | 7,864,000 | 6,751,000 | 7,875,000 | 2,819,000 |
| Interest Payable | 329,000 | 181,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 5,000 | 0 | 5,000 | 18,000 | 18,000 | 16,000 | 19,000 | 2,000 | 2,000 | 8,000 | 0 | 7,000 | 0 | 0 |
| Pre-Tax Profit | 8,833,000 | 3,060,000 | 245,000 | 7,815,000 | 8,669,000 | 7,069,000 | 7,253,000 | 6,100,000 | 5,214,000 | 6,932,000 | 7,864,000 | 6,758,000 | 7,875,000 | 2,819,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | -1,443,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 8,833,000 | 3,060,000 | 245,000 | 7,815,000 | 8,669,000 | 7,069,000 | 5,810,000 | 6,100,000 | 5,214,000 | 6,932,000 | 7,864,000 | 6,758,000 | 7,875,000 | 2,819,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 8,833,000 | 3,060,000 | 245,000 | 7,815,000 | 8,669,000 | 7,069,000 | -1,405,000 | -56,000 | 17,000 | 258,000 | 79,000 | 107,000 | -79,000 | 7,000 |
| Employee Costs | 16,455,000 | 13,388,000 | 17,911,000 | 19,356,000 | 18,246,000 | 16,862,000 | 16,835,000 | 15,003,000 | 13,864,000 | 12,856,000 | 12,233,000 | 11,531,000 | 10,512,000 | 10,193,000 |
| Number Of Employees | 500 | 424 | 496 | 649 | 618 | 583 | 609 | 558 | 536 | 353 | 494 | 484 | 439 | 424 |
| EBITDA* | 9,413,000 | 3,544,000 | 564,000 | 8,031,000 | 8,931,000 | 7,307,000 | 7,575,000 | 6,416,000 | 5,461,000 | 7,034,000 | 8,015,000 | 6,884,000 | 8,228,000 | 3,170,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 471,000 | 613,000 | 837,000 | 1,096,000 | 679,000 | 630,000 | 568,000 | 580,000 | 644,000 | 1,056,000 | 636,000 | 502,000 | 496,000 | 737,000 |
| Intangible Assets | 49,000 | 122,000 | 195,000 | 112,000 | 0 | 63,000 | 140,000 | 227,000 | 313,000 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 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 | 0 | 0 |
| Total Fixed Assets | 520,000 | 735,000 | 1,032,000 | 1,208,000 | 679,000 | 693,000 | 708,000 | 807,000 | 957,000 | 1,056,000 | 636,000 | 502,000 | 496,000 | 737,000 |
| Stock & work in progress | 5,535,000 | 4,052,000 | 4,022,000 | 4,062,000 | 4,294,000 | 5,042,000 | 3,820,000 | 3,936,000 | 3,225,000 | 3,338,000 | 2,978,000 | 3,484,000 | 2,710,000 | 1,949,000 |
| Trade Debtors | 272,000 | 580,000 | 269,000 | 313,000 | 197,000 | 515,000 | 424,000 | 430,000 | 350,000 | 221,000 | 526,000 | 766,000 | 646,000 | 328,000 |
| Group Debtors | 13,111,000 | 7,021,000 | 1,807,000 | 9,746,000 | 6,536,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 256,000 |
| Misc Debtors | 1,039,000 | 1,021,000 | 707,000 | 407,000 | 724,000 | 411,000 | 200,000 | 432,000 | 236,000 | 287,000 | 482,000 | 401,000 | 197,000 | 222,000 |
| Cash | 1,735,000 | 1,748,000 | 2,529,000 | 3,327,000 | 3,739,000 | 6,159,000 | 5,916,000 | 6,909,000 | 4,223,000 | 5,432,000 | 5,079,000 | 7,226,000 | 4,336,000 | 279,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 21,692,000 | 14,422,000 | 9,334,000 | 17,855,000 | 15,490,000 | 12,127,000 | 10,360,000 | 11,707,000 | 8,034,000 | 9,278,000 | 9,065,000 | 11,877,000 | 7,889,000 | 3,034,000 |
| total assets | 22,212,000 | 15,157,000 | 10,366,000 | 19,063,000 | 16,169,000 | 12,820,000 | 11,068,000 | 12,514,000 | 8,991,000 | 10,334,000 | 9,701,000 | 12,379,000 | 8,385,000 | 3,771,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,698,000 | 1,467,000 | 555,000 | 696,000 | 1,094,000 | 829,000 | 1,085,000 | 943,000 | 866,000 | 1,028,000 | 827,000 | 786,000 | 1,578,000 | 1,057,000 |
| Group/Directors Accounts | 16,018,000 | 3,318,000 | 458,000 | 7,561,000 | 4,653,000 | 2,272,000 | 1,895,000 | 2,452,000 | 194,000 | 1,640,000 | 1,897,000 | 3,871,000 | 2,840,000 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,996,000 | 2,693,000 | 1,607,000 | 10,061,000 | 9,959,000 | 9,273,000 | 7,491,000 | 8,560,000 | 7,316,000 | 6,841,000 | 6,410,000 | 7,234,000 | 3,586,000 | 2,223,000 |
| total current liabilities | 21,712,000 | 7,478,000 | 2,620,000 | 18,318,000 | 15,706,000 | 12,374,000 | 10,471,000 | 11,955,000 | 8,376,000 | 9,509,000 | 9,134,000 | 11,891,000 | 8,004,000 | 3,311,000 |
| loans | 0 | 7,000,000 | 7,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 7,000,000 | 7,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 21,712,000 | 14,478,000 | 9,620,000 | 18,318,000 | 15,706,000 | 12,374,000 | 10,471,000 | 11,955,000 | 8,376,000 | 9,509,000 | 9,134,000 | 11,891,000 | 8,004,000 | 3,311,000 |
| net assets | 500,000 | 679,000 | 746,000 | 745,000 | 463,000 | 446,000 | 597,000 | 559,000 | 615,000 | 825,000 | 567,000 | 488,000 | 381,000 | 460,000 |
| total shareholders funds | 500,000 | 679,000 | 746,000 | 745,000 | 463,000 | 446,000 | 597,000 | 559,000 | 615,000 | 825,000 | 567,000 | 488,000 | 381,000 | 460,000 |
| 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 | 9,157,000 | 3,241,000 | 241,000 | 7,797,000 | 8,651,000 | 7,053,000 | 7,234,000 | 6,098,000 | 5,212,000 | 6,924,000 | 7,864,000 | 6,751,000 | 7,875,000 | 2,819,000 |
| Depreciation | 183,000 | 230,000 | 299,000 | 234,000 | 217,000 | 177,000 | 254,000 | 232,000 | 249,000 | 110,000 | 151,000 | 133,000 | 353,000 | 351,000 |
| Amortisation | 73,000 | 73,000 | 24,000 | 0 | 63,000 | 77,000 | 87,000 | 86,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | -1,443,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 1,483,000 | 30,000 | -40,000 | -232,000 | -748,000 | 1,222,000 | -116,000 | 711,000 | -113,000 | 360,000 | -506,000 | 774,000 | 761,000 | 1,949,000 |
| Debtors | 5,800,000 | 5,839,000 | -7,683,000 | 3,009,000 | 6,531,000 | 302,000 | -238,000 | 276,000 | 78,000 | -500,000 | -159,000 | 324,000 | 37,000 | 806,000 |
| Creditors | 231,000 | 912,000 | -141,000 | -398,000 | 265,000 | -256,000 | 142,000 | 77,000 | -162,000 | 201,000 | 41,000 | -792,000 | 521,000 | 1,057,000 |
| Accruals and Deferred Income | 1,303,000 | 1,086,000 | -8,454,000 | 102,000 | 686,000 | 1,782,000 | -1,069,000 | 1,244,000 | 475,000 | 431,000 | -824,000 | 3,648,000 | 1,363,000 | 2,223,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,664,000 | -327,000 | -308,000 | 4,958,000 | 4,099,000 | 7,309,000 | 5,559,000 | 6,750,000 | 5,809,000 | 7,806,000 | 7,897,000 | 8,642,000 | 9,314,000 | 3,695,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 12,700,000 | 2,860,000 | -7,103,000 | 2,908,000 | 2,381,000 | 377,000 | -557,000 | 2,258,000 | -1,446,000 | -257,000 | -1,974,000 | 1,031,000 | 2,840,000 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -7,000,000 | 0 | 7,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -324,000 | -181,000 | 4,000 | 18,000 | 18,000 | 16,000 | 19,000 | 2,000 | 2,000 | 8,000 | 0 | 7,000 | 0 | 0 |
| cash flow from financing | -3,636,000 | -448,000 | -343,000 | -4,607,000 | -6,253,000 | -6,827,000 | 905,000 | 2,260,000 | -1,671,000 | -249,000 | -1,974,000 | 1,038,000 | 2,840,000 | 453,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -13,000 | -781,000 | -798,000 | -412,000 | -2,420,000 | 243,000 | -993,000 | 2,686,000 | -1,209,000 | 353,000 | -2,147,000 | 2,890,000 | 4,057,000 | 279,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -31,000 | 31,000 |
| change in cash | -13,000 | -781,000 | -798,000 | -412,000 | -2,420,000 | 243,000 | -993,000 | 2,686,000 | -1,209,000 | 353,000 | -2,147,000 | 2,890,000 | 4,088,000 | 248,000 |
royal collection enterprises limited Credit Report and Business Information
Royal Collection Enterprises Limited Competitor Analysis
Perform a competitor analysis for royal collection enterprises limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
royal collection enterprises limited Ownership
ROYAL COLLECTION ENTERPRISES LIMITED group structure
Royal Collection Enterprises Limited has no subsidiary companies.
Ultimate parent company
1 parent
ROYAL COLLECTION ENTERPRISES LIMITED
02778486
royal collection enterprises limited directors
Royal Collection Enterprises Limited currently has 6 directors. The longest serving directors include Sir Philip Reid (Jul 2002) and Mr Keith Harrison (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Sir Philip Reid | 77 years | Jul 2002 | - | Director | |
| Mr Keith Harrison | 64 years | Jan 2015 | - | Director | |
| Mr Marc Bolland | United Kingdom | 65 years | Jan 2018 | - | Director |
| Mr Timothy Knox | 61 years | Mar 2018 | - | Director | |
| Mrs Michelle Lockhart | 44 years | Sep 2019 | - | Director | |
| Sir James Leigh-Pemberton | 67 years | Jan 2021 | - | Director |
P&L
March 2023turnover
51.2m
+64%
operating profit
9.2m
+183%
gross margin
25.1%
+33.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
500k
-0.26%
total assets
22.2m
+0.47%
cash
1.7m
-0.01%
net assets
Total assets minus all liabilities
Similar Companies
royal collection enterprises limited company details
company number
02778486
Type
Private limited with Share Capital
industry
91030 - Operation of historical sites and buildings and similar visitor attractions
47190 - Other retail sale in non-specialised stores
incorporation date
January 1993
age
31
accounts
Full Accounts
ultimate parent company
previous names
tyrolese (257) limited (March 1993)
incorporated
UK
address
york house st. james's palace, london, SW1A 1BQ
last accounts submitted
March 2023
royal collection enterprises 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 royal collection enterprises limited. Currently there are 0 open charges and 1 have been satisfied in the past.
royal collection enterprises limited Companies House Filings - See Documents
| date | description | view/download |
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