rcr flooring products limited Company Information
Company Number
02815314
Website
http://permaban.comRegistered Address
mill close, lee mill industrial estate, ivybridge, devon, PL21 9GL
Industry
Manufacture of other fabricated metal products n.e.c.
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
01752895288
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
rcr industrial flooring s.l.u. 100%
rcr flooring products limited Estimated Valuation
Pomanda estimates the enterprise value of RCR FLOORING PRODUCTS LIMITED at £12.3m based on a Turnover of £19.2m and 0.64x industry multiple (adjusted for size and gross margin).
rcr flooring products limited Estimated Valuation
Pomanda estimates the enterprise value of RCR FLOORING PRODUCTS LIMITED at £8.1m based on an EBITDA of £1.5m and a 5.35x industry multiple (adjusted for size and gross margin).
rcr flooring products limited Estimated Valuation
Pomanda estimates the enterprise value of RCR FLOORING PRODUCTS LIMITED at £12.1m based on Net Assets of £5.4m and 2.23x industry multiple (adjusted for liquidity).
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Rcr Flooring Products Limited Overview
Rcr Flooring Products Limited is a live company located in ivybridge, PL21 9GL with a Companies House number of 02815314. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in May 1993, it's largest shareholder is rcr industrial flooring s.l.u. with a 100% stake. Rcr Flooring Products Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19.2m with high growth in recent years.
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Rcr Flooring Products Limited Health Check
Pomanda's financial health check has awarded Rcr Flooring Products Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
5 Regular
1 Weak
Size
annual sales of £19.2m, make it larger than the average company (£9.4m)
£19.2m - Rcr Flooring Products Limited
£9.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (3.7%)
16% - Rcr Flooring Products Limited
3.7% - Industry AVG
Production
with a gross margin of 24.8%, this company has a comparable cost of product (27.1%)
24.8% - Rcr Flooring Products Limited
27.1% - Industry AVG
Profitability
an operating margin of 7.2% make it more profitable than the average company (5.9%)
7.2% - Rcr Flooring Products Limited
5.9% - Industry AVG
Employees
with 54 employees, this is similar to the industry average (53)
54 - Rcr Flooring Products Limited
53 - Industry AVG
Pay Structure
on an average salary of £39.3k, the company has an equivalent pay structure (£42k)
£39.3k - Rcr Flooring Products Limited
£42k - Industry AVG
Efficiency
resulting in sales per employee of £356.2k, this is more efficient (£167.9k)
£356.2k - Rcr Flooring Products Limited
£167.9k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (60 days)
26 days - Rcr Flooring Products Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 88 days, this is slower than average (44 days)
88 days - Rcr Flooring Products Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is in line with average (45 days)
46 days - Rcr Flooring Products Limited
45 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (16 weeks)
12 weeks - Rcr Flooring Products Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.4%, this is a similar level of debt than the average (55.2%)
50.4% - Rcr Flooring Products Limited
55.2% - Industry AVG
rcr flooring products limited Credit Report and Business Information
Rcr Flooring Products Limited Competitor Analysis
Perform a competitor analysis for rcr flooring products limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
rcr flooring products limited Ownership
RCR FLOORING PRODUCTS LIMITED group structure
Rcr Flooring Products Limited has no subsidiary companies.
Ultimate parent company
RCR INDUSTRIAL FLOORING SARL
#0041108
1 parent
RCR FLOORING PRODUCTS LIMITED
02815314
rcr flooring products limited directors
Rcr Flooring Products Limited currently has 3 directors. The longest serving directors include Mr Jonathan Tarrant (Mar 2014) and Mr Pietro Bortoluzzi (Jan 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jonathan Tarrant | United Kingdom | 54 years | Mar 2014 | - | Director |
Mr Pietro Bortoluzzi | 60 years | Jan 2016 | - | Director | |
Mr Lee Brockway | 50 years | Apr 2019 | - | Director |
RCR FLOORING PRODUCTS LIMITED financials
Rcr Flooring Products Limited's latest turnover from December 2022 is £19.2 million and the company has net assets of £5.4 million. According to their latest financial statements, Rcr Flooring Products Limited has 54 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 19,236,817 | 15,446,737 | 12,178,065 | 9,827,829 | 9,502,305 | 9,481,357 | 7,937,368 | 8,842,602 | 8,860,007 | 7,265,800 | 7,216,422 | 5,422,944 | 6,614,647 | |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Cost Of Sales | 14,464,585 | 11,570,045 | 8,295,785 | 7,140,304 | 6,111,798 | 5,806,166 | 5,315,777 | 5,969,024 | 5,627,627 | 4,856,281 | 4,062,494 | 3,076,374 | 3,670,023 | |
Gross Profit | 4,772,232 | 3,876,692 | 3,882,280 | 2,687,525 | 3,390,507 | 3,675,191 | 2,621,591 | 2,873,578 | 3,232,380 | 2,409,519 | 3,153,928 | 2,346,570 | 2,944,624 | |
Admin Expenses | 3,378,755 | 2,306,182 | 2,540,797 | 2,491,400 | 2,311,401 | 2,648,649 | 1,822,975 | 2,307,898 | 2,344,269 | 2,222,747 | 2,801,473 | 2,477,307 | 2,324,560 | |
Operating Profit | 1,393,477 | 1,570,510 | 1,341,483 | 196,125 | 1,079,106 | 1,026,542 | 798,616 | 565,680 | 888,111 | 186,772 | 352,455 | -130,737 | 620,064 | |
Interest Payable | 49,087 | 41,774 | 29,691 | 27,592 | 29,832 | 34,822 | 32,089 | 27,986 | 4,842 | 15,222 | 18,180 | 18,558 | ||
Interest Receivable | 14,086 | 1,204 | 4,973 | 3,220 | 13,467 | 1,575 | 324 | 589 | 4,230 | 7,932 | 4,586 | 17,192 | 10,377 | |
Pre-Tax Profit | 1,358,476 | 1,529,940 | 1,316,765 | 171,753 | 1,062,741 | 1,174,889 | 517,266 | 615,726 | 887,499 | 185,777 | 341,819 | -131,725 | 611,934 | |
Tax | -261,702 | -307,351 | -265,777 | -50,149 | -206,481 | -217,053 | -89,026 | -129,819 | -204,139 | -19,481 | -68,356 | 139,232 | -188,066 | |
Profit After Tax | 1,096,774 | 1,222,589 | 1,050,988 | 121,604 | 856,260 | 957,836 | 428,240 | 485,907 | 683,360 | 166,296 | 273,463 | 7,507 | 423,868 | |
Dividends Paid | 1,554,584 | 1,322,415 | 0 | 0 | 861,693 | 335,741 | 0 | 0 | 0 | 0 | 165,087 | 400,000 | 72,500 | |
Retained Profit | -457,810 | -99,826 | 1,050,988 | 121,604 | -5,433 | 622,095 | 428,240 | 485,907 | 683,360 | 166,296 | 108,376 | -392,493 | 351,368 | |
Employee Costs | 2,123,485 | 1,664,607 | 1,799,462 | 1,638,864 | 1,553,135 | 1,395,316 | 1,370,188 | 1,346,966 | 1,406,279 | 1,236,455 | 1,339,107 | 1,113,214 | 1,608,427 | |
Number Of Employees | 54 | 46 | 46 | 47 | 45 | 46 | 41 | 43 | 46 | 43 | 41 | 40 | 40 | 39 |
EBITDA* | 1,507,370 | 1,681,140 | 1,462,443 | 334,695 | 1,219,216 | 1,170,312 | 947,114 | 705,178 | 1,011,641 | 310,997 | 493,432 | 14,452 | 767,414 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,667,601 | 823,501 | 902,060 | 846,546 | 732,689 | 940,463 | 909,194 | 954,297 | 1,034,281 | 589,456 | 617,412 | 716,752 | 803,122 | 889,601 |
Intangible Assets | 0 | 0 | 0 | 0 | 24,298 | 50,806 | 0 | 0 | 0 | 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 | 1,667,601 | 823,501 | 902,060 | 846,546 | 756,987 | 991,269 | 909,194 | 954,297 | 1,034,281 | 589,456 | 617,412 | 716,752 | 803,122 | 889,601 |
Stock & work in progress | 1,852,618 | 1,509,973 | 787,944 | 785,093 | 610,652 | 790,701 | 610,704 | 685,814 | 792,212 | 715,675 | 834,142 | 770,014 | 933,741 | 788,659 |
Trade Debtors | 1,414,570 | 2,787,306 | 1,096,957 | 1,446,046 | 1,538,505 | 1,371,068 | 1,363,780 | 1,534,895 | 1,183,860 | 1,311,388 | 808,539 | 1,267,162 | 1,349,816 | 959,368 |
Group Debtors | 4,466,072 | 2,593,507 | 2,871,011 | 3,399,991 | 3,481,807 | 2,820,858 | 3,169,025 | 2,480,985 | 2,742,749 | 665,572 | 330,919 | 413,748 | 0 | 0 |
Misc Debtors | 410,248 | 326,919 | 365,369 | 804,833 | 331,270 | 471,463 | 303,374 | 220,706 | 292,967 | 202,888 | 179,450 | 198,561 | 262,867 | 246,953 |
Cash | 1,128,208 | 2,756,941 | 3,514,588 | 2,114,628 | 993,826 | 907,540 | 884,272 | 677,337 | 87,170 | 1,080,648 | 849,535 | 407,928 | 589,311 | 1,745,234 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 9,271,716 | 9,974,646 | 8,635,869 | 8,550,591 | 6,956,060 | 6,361,630 | 6,331,155 | 5,599,737 | 5,098,958 | 3,976,171 | 3,002,585 | 3,057,413 | 3,135,735 | 3,740,214 |
total assets | 10,939,317 | 10,798,147 | 9,537,929 | 9,397,137 | 7,713,047 | 7,352,899 | 7,240,349 | 6,554,034 | 6,133,239 | 4,565,627 | 3,619,997 | 3,774,165 | 3,938,857 | 4,629,815 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 150,000 | 150,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 235,294 | 235,294 | 345,833 | 200,000 | 150,000 | 0 | 0 | 155,558 | 324,810 | 35,487 | 34,315 | 63,889 | 25,270 | 26,133 |
Trade Creditors | 3,493,377 | 3,176,046 | 1,474,980 | 1,706,007 | 1,486,217 | 1,300,792 | 954,033 | 985,642 | 1,008,664 | 886,363 | 696,186 | 686,174 | 1,072,049 | 1,048,439 |
Group/Directors Accounts | 35,796 | 251,607 | 92,086 | 96,714 | 26,651 | 76,047 | 35,816 | 42,376 | 105,793 | 82,131 | 69,370 | 27,051 | 5,626 | 0 |
other short term finances | 630,000 | 0 | 0 | 0 | 40,009 | 0 | 0 | 192,175 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 72,100 | 52,296 | 50,715 | 31,607 | 3,403 | 4,081 | 23,730 | 22,540 | 0 | 21,941 | 59,133 | 63,669 | 60,104 | 100,682 |
other current liabilities | 361,263 | 278,489 | 269,291 | 667,974 | 813,903 | 549,324 | 603,194 | 586,273 | 531,913 | 272,710 | 125,421 | 361,775 | 183,409 | 325,324 |
total current liabilities | 4,827,830 | 3,993,732 | 2,232,905 | 2,702,302 | 2,520,183 | 2,080,244 | 1,766,773 | 1,984,564 | 1,971,180 | 1,298,632 | 984,425 | 1,202,558 | 1,346,458 | 1,500,578 |
loans | 411,765 | 647,059 | 1,020,834 | 366,667 | 12,500 | 162,500 | 312,500 | 0 | 22,284 | 58,307 | 94,450 | 129,403 | 176,891 | 209,062 |
hp & lease commitments | 86,785 | 108,491 | 160,788 | 99,903 | 4,379 | 0 | 4,081 | 27,703 | 0 | 0 | 21,941 | 81,073 | 135,894 | 189,537 |
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 | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 183,767 | 161,885 | 136,596 | 122,492 | 121,200 | 152,974 | 142,891 | 153,996 | 180,244 | 66,572 | 60,425 | 68,671 | 95,530 | 154,061 |
total long term liabilities | 682,317 | 917,435 | 1,318,218 | 589,062 | 138,079 | 339,474 | 459,472 | 181,699 | 202,528 | 124,879 | 176,816 | 279,147 | 408,315 | 552,660 |
total liabilities | 5,510,147 | 4,911,167 | 3,551,123 | 3,291,364 | 2,658,262 | 2,419,718 | 2,226,245 | 2,166,263 | 2,173,708 | 1,423,511 | 1,161,241 | 1,481,705 | 1,754,773 | 2,053,238 |
net assets | 5,429,170 | 5,886,980 | 5,986,806 | 6,105,773 | 5,054,785 | 4,933,181 | 5,014,104 | 4,387,771 | 3,959,531 | 3,142,116 | 2,458,756 | 2,292,460 | 2,184,084 | 2,576,577 |
total shareholders funds | 5,429,170 | 5,886,980 | 5,986,806 | 6,105,773 | 5,054,785 | 4,933,181 | 5,014,104 | 4,387,771 | 3,959,531 | 3,142,116 | 2,458,756 | 2,292,460 | 2,184,084 | 2,576,577 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 1,393,477 | 1,570,510 | 1,341,483 | 196,125 | 1,079,106 | 1,026,542 | 798,616 | 565,680 | 888,111 | 186,772 | 352,455 | -130,737 | 620,064 | |
Depreciation | 113,893 | 110,630 | 113,396 | 96,662 | 112,062 | 137,901 | 143,770 | 148,498 | 139,498 | 123,530 | 124,225 | 140,977 | 145,189 | 147,350 |
Amortisation | 0 | 0 | 0 | 24,298 | 26,508 | 2,209 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -261,702 | -307,351 | -265,777 | -50,149 | -206,481 | -217,053 | -89,026 | -129,819 | -204,139 | -19,481 | -68,356 | 139,232 | -188,066 | |
Stock | 342,645 | 722,029 | 2,851 | 174,441 | -180,049 | 179,997 | -75,110 | -106,398 | 76,537 | -118,467 | 64,128 | -163,727 | 145,082 | 788,659 |
Debtors | 583,158 | 1,374,395 | -1,317,533 | 299,288 | 688,193 | -172,790 | 599,593 | 17,010 | 2,039,728 | 860,940 | -560,563 | 266,788 | 406,362 | 1,206,321 |
Creditors | 317,331 | 1,701,066 | -231,027 | 219,790 | 185,425 | 346,759 | -31,609 | -23,022 | 122,301 | 190,177 | 10,012 | -385,875 | 23,610 | 1,048,439 |
Accruals and Deferred Income | 82,774 | 9,198 | -398,683 | -145,929 | 264,579 | -53,870 | 16,921 | 54,360 | 259,203 | 147,289 | -236,354 | 178,366 | -141,915 | 325,324 |
Deferred Taxes & Provisions | 21,882 | 25,289 | 14,104 | 1,292 | -31,774 | 10,083 | -11,105 | -26,248 | 113,672 | 6,147 | -8,246 | -26,859 | -58,531 | 154,061 |
Cash flow from operations | 741,852 | 1,012,918 | 798,090 | 194,632 | 1,308,500 | 402,983 | 952,566 | -1,045,730 | 408,642 | 553,363 | 87,647 | -574,596 | 112,192 | |
Investing Activities | ||||||||||||||
capital expenditure | -99,328 | -569 | -158,050 | -92,177 | -39,589 | -55,568 | -64,220 | -63,310 | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | -99,328 | -569 | -158,050 | -92,177 | -39,589 | -55,568 | -64,220 | -63,310 | ||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | -110,539 | 145,833 | 50,000 | 150,000 | 0 | -155,558 | -169,252 | 289,323 | 1,172 | -29,574 | 38,619 | -863 | 26,133 |
Group/Directors Accounts | -215,811 | 159,521 | -4,628 | 70,063 | -49,396 | 40,231 | -6,560 | -63,417 | 23,662 | 12,761 | 42,319 | 21,425 | 5,626 | 0 |
Other Short Term Loans | 630,000 | 0 | 0 | -40,009 | 40,009 | 0 | -192,175 | 192,175 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -235,294 | -373,775 | 654,167 | 354,167 | -150,000 | -150,000 | 312,500 | -22,284 | -36,023 | -36,143 | -34,953 | -47,488 | -32,171 | 209,062 |
Hire Purchase and Lease Commitments | -1,902 | -50,716 | 79,993 | 123,728 | 3,701 | -23,730 | -22,432 | 50,243 | -21,941 | -59,133 | -63,668 | -51,256 | -94,221 | 290,219 |
other long term liabilities | 0 | 0 | 0 | 0 | -24,000 | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -35,001 | -40,570 | -24,718 | -24,372 | -16,365 | -33,247 | -31,765 | -27,397 | -612 | -10,636 | -988 | -8,181 | ||
cash flow from financing | 141,992 | -416,079 | 533,231 | -54,058 | -201,354 | -93,234 | -44,300 | 559,132 | -81,955 | -49,336 | -122,617 | 2,742,442 | ||
cash and cash equivalents | ||||||||||||||
cash | -1,628,733 | -757,647 | 1,399,960 | 1,120,802 | 86,286 | 23,268 | 206,935 | 590,167 | -993,478 | 231,113 | 441,607 | -181,383 | -1,155,923 | 1,745,234 |
overdraft | 0 | 0 | 0 | 0 | -150,000 | 0 | 150,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,628,733 | -757,647 | 1,399,960 | 1,120,802 | 236,286 | 23,268 | 56,935 | 590,167 | -993,478 | 231,113 | 441,607 | -181,383 | -1,155,923 | 1,745,234 |
P&L
December 2022turnover
19.2m
+25%
operating profit
1.4m
-11%
gross margin
24.9%
-1.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
5.4m
-0.08%
total assets
10.9m
+0.01%
cash
1.1m
-0.59%
net assets
Total assets minus all liabilities
rcr flooring products limited company details
company number
02815314
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
May 1993
age
31
accounts
Full Accounts
ultimate parent company
previous names
permaban limited (December 2016)
permaban products ltd. (January 2002)
incorporated
UK
address
mill close, lee mill industrial estate, ivybridge, devon, PL21 9GL
last accounts submitted
December 2022
rcr flooring products 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 7 charges/mortgages relating to rcr flooring products limited. Currently there are 5 open charges and 2 have been satisfied in the past.
rcr flooring products limited Companies House Filings - See Documents
date | description | view/download |
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