Pomanda estimates the enterprise value of R K NEW DEVELOPMENTS LTD at £159.1k based on a Turnover of £662.9k and 0.24x industry multiple (adjusted for size and gross margin).
r k new developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of R K NEW DEVELOPMENTS LTD at £0 based on an EBITDA of £-1.5k and a 2.38x industry multiple (adjusted for size and gross margin).
r k new developments ltdEstimated Valuation
£64.7k
Pomanda estimates the enterprise value of R K NEW DEVELOPMENTS LTD at £64.7k based on Net Assets of £43k and 1.5x industry multiple (adjusted for liquidity).
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R K New Developments LtdOverview
R K New Developments Ltd is a live company located in loughton, IG10 3FL with a Companies House number of 02792159. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in February 1993, it's largest shareholder is
inderpal matharu
with a 40% stake. R K New Developments Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£662.9k with
declining
growth in recent years.
Pomanda's financial health check has awarded R K New Developments Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £662.9k, make it smaller than the average company (£11.4m)
£662.9k - R K New Developments Ltd
£11.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (9.1%)
-3% - R K New Developments Ltd
9.1% - Industry AVG
Production
with a gross margin of 8.5%, this company has a higher cost of product (16%)
8.5% - R K New Developments Ltd
16% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (4.5%)
-0.2% - R K New Developments Ltd
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (32)
1 - R K New Developments Ltd
32 - Industry AVG
Pay Structure
on an average salary of £55.2k, the company has an equivalent pay structure (£55.2k)
£55.2k - R K New Developments Ltd
£55.2k - Industry AVG
Efficiency
resulting in sales per employee of £662.9k, this is more efficient (£336.5k)
£662.9k - R K New Developments Ltd
£336.5k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (47 days)
107 days - R K New Developments Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 91 days, this is slower than average (39 days)
91 days - R K New Developments Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - R K New Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - R K New Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78%, this is a higher level of debt than the average (67.7%)
78% - R K New Developments Ltd
67.7% - Industry AVG
R K NEW DEVELOPMENTS LTD financials
EXPORT
R K New Developments Ltd's latest turnover from March 2024 is estimated at £662.9 thousand and the company has net assets of £43 thousand. According to their latest financial statements, R K New Developments Ltd has 1 employee and maintains cash reserves of 0 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
662,931
683,149
696,314
721,865
776,441
729,979
113,308
268,641
213,299
360,016
540,021
148,111
69,978
174,395
206,209
Other Income Or Grants
Cost Of Sales
606,369
627,043
639,195
664,106
709,586
666,484
103,645
245,300
196,062
331,253
515,649
113,345
29,597
63,049
38,603
Gross Profit
56,562
56,106
57,119
57,759
66,855
63,495
9,663
23,341
17,236
28,763
24,372
34,766
40,381
111,346
167,606
Admin Expenses
58,098
61,421
58,032
58,660
118,122
61,996
79,394
14,160
93,331
26,821
22,058
31,112
60,292
26,605
21,181
Operating Profit
-1,536
-5,315
-913
-901
-51,267
1,499
-69,731
9,181
-76,095
1,942
2,314
3,654
-19,911
84,741
146,425
Interest Payable
33
209
Interest Receivable
2
89
51
57
8
Pre-Tax Profit
-1,536
-5,315
-913
-901
-51,267
1,501
-69,642
9,233
-76,038
1,950
2,314
3,521
-20,120
84,741
146,425
Tax
-285
-1,846
-428
-342
-841
-400
-13,007
-22,870
Profit After Tax
-1,536
-5,315
-913
-901
-51,267
1,216
-69,642
7,386
-76,038
1,522
1,972
2,680
-20,520
71,734
123,555
Dividends Paid
41,500
1,600
21,800
17,500
32,500
23,000
Retained Profit
-1,536
-5,315
-913
-901
-51,267
1,216
-69,642
7,386
-76,038
-39,978
372
-19,120
-38,020
39,234
100,555
Employee Costs
55,164
53,143
50,713
48,041
97,909
95,658
46,872
44,816
42,412
40,746
78,629
38,557
37,881
37,331
36,497
Number Of Employees
1
1
1
1
2
2
1
1
1
1
2
1
1
1
1
EBITDA*
-1,536
-5,315
-913
-901
-51,267
1,531
-69,688
9,239
-76,018
2,045
2,452
3,836
-13,008
86,097
151,350
* 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
99
99
99
99
131
174
232
309
412
550
20,807
8,073
14,772
Intangible Assets
Investments & Other
100
100
100
Debtors (Due After 1 year)
Total Fixed Assets
99
99
99
99
131
174
232
309
412
550
20,907
8,173
14,872
Stock & work in progress
8,421
13,808
14,984
495
4,736
Trade Debtors
195,568
202,742
214,822
215,375
216,170
236,384
79,856
38,849
301,547
305,087
311,524
298,805
358,981
267,634
Group Debtors
26,000
20,000
Misc Debtors
218,950
202,168
249,293
1,406
1,303
281
496
Cash
552
35,241
5,626
17,147
1,011
5,710
2,516
1,919
81,325
misc current assets
total current assets
195,568
202,742
214,822
215,375
216,170
236,384
219,502
317,265
293,768
328,521
321,209
332,499
301,816
391,636
369,455
total assets
195,568
202,742
214,921
215,474
216,269
236,483
219,633
317,439
294,000
328,830
321,621
333,049
322,723
399,809
384,327
Bank overdraft
Bank loan
Trade Creditors
152,534
158,172
165,036
164,676
164,570
133,517
25,414
50,777
60,268
88,686
33,052
33,939
11,050
34,076
28,733
Group/Directors Accounts
186
other short term finances
hp & lease commitments
other current liabilities
92,369
95,170
69,626
8,427
19,340
12,783
28,637
57,918
total current liabilities
152,534
158,172
165,036
164,676
164,570
133,517
117,783
145,947
129,894
88,686
41,479
53,279
23,833
62,899
86,651
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
152,534
158,172
165,036
164,676
164,570
133,517
117,783
145,947
129,894
88,686
41,479
53,279
23,833
62,899
86,651
net assets
43,034
44,570
49,885
50,798
51,699
102,966
101,850
171,492
164,106
240,144
280,142
279,770
298,890
336,910
297,676
total shareholders funds
43,034
44,570
49,885
50,798
51,699
102,966
101,850
171,492
164,106
240,144
280,142
279,770
298,890
336,910
297,676
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
-1,536
-5,315
-913
-901
-51,267
1,499
-69,731
9,181
-76,095
1,942
2,314
3,654
-19,911
84,741
146,425
Depreciation
32
43
58
77
103
138
182
6,903
1,356
4,925
Amortisation
Tax
-285
-1,846
-428
-342
-841
-400
-13,007
-22,870
Stock
-8,421
-5,387
-1,176
14,489
-4,241
4,736
Debtors
-7,174
-12,080
-553
-795
-20,214
17,434
-63,074
-6,118
-14,811
-3,437
-5,415
13,000
-86,176
96,851
288,130
Creditors
-5,638
-6,864
360
106
31,053
108,103
-25,363
-9,491
-28,418
55,634
-887
22,889
-23,026
5,343
28,733
Accruals and Deferred Income
-92,369
-2,801
25,544
69,626
-8,427
-10,913
6,557
-15,854
-29,281
57,918
Deferred Taxes & Provisions
Cash flow from operations
-99
-454
-34,778
29,564
-11,578
57,648
-3,099
4,952
38,129
-52,435
-72,999
Investing Activities
capital expenditure
99
20,075
-19,637
5,343
-19,697
Change in Investments
-100
100
cash flow from investments
99
20,175
-19,637
5,343
-19,797
Financing Activities
Bank loans
Group/Directors Accounts
-186
186
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100
-20
197,121
interest
2
89
51
57
8
-33
-209
cash flow from financing
-98
89
51
57
-12
-33
-395
186
197,121
cash and cash equivalents
cash
-552
-34,689
29,615
-11,521
16,136
-4,699
3,194
597
-79,406
81,325
overdraft
change in cash
-552
-34,689
29,615
-11,521
16,136
-4,699
3,194
597
-79,406
81,325
r k new developments ltd 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 r k new developments ltd. Get real-time insights into r k new developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for r k new developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in IG10 area or any other competitors across 12 key performance metrics.
r k new developments ltd Ownership
R K NEW DEVELOPMENTS LTD group structure
R K New Developments Ltd has no subsidiary companies.
Ultimate parent company
R K NEW DEVELOPMENTS LTD
02792159
R K NEW DEVELOPMENTS LTD Shareholders
The largest shareholders in R K New Developments Ltd include Inderpal Matharu and Avik Matharu.
inderpal matharu
40%
avik matharu
40%
deepak rani
20%
r k new developments ltd directors
R K New Developments Ltd currently has 1 director, Mr Inderpal Matharu serving since Apr 2003.
unit 10 loughton business centre, langston road, loughton, essex, IG10 3FL
Bank
BARCLAYS BANK PLC
Legal Advisor
-
r k new developments 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 r k new developments ltd.
r k new developments ltd 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 R K NEW DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
r k new developments ltdCompanies House Filings - See Documents
