rrpf engine leasing (no.2) limited
rrpf engine leasing (no.2) limited Company Information
Company Number
02873019
Website
rrpf-leasing.comRegistered Address
1 brewer's green, london, SW1H ORH
Industry
Renting and leasing of passenger air transport equipment
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
alpha partners leasing limited 100%
rrpf engine leasing (no.2) limited Estimated Valuation
Pomanda estimates the enterprise value of RRPF ENGINE LEASING (NO.2) LIMITED at £18.8m based on a Turnover of £7.1m and 2.65x industry multiple (adjusted for size and gross margin).
rrpf engine leasing (no.2) limited Estimated Valuation
Pomanda estimates the enterprise value of RRPF ENGINE LEASING (NO.2) LIMITED at £39m based on an EBITDA of £7.7m and a 5.04x industry multiple (adjusted for size and gross margin).
rrpf engine leasing (no.2) limited Estimated Valuation
Pomanda estimates the enterprise value of RRPF ENGINE LEASING (NO.2) LIMITED at £0 based on Net Assets of £-379.7k and 2.28x industry multiple (adjusted for liquidity).
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Rrpf Engine Leasing (no.2) Limited Overview
Rrpf Engine Leasing (no.2) Limited is a live company located in london, SW1H ORH with a Companies House number of 02873019. It operates in the renting and leasing of air passenger transport equipment sector, SIC Code 77351. Founded in November 1993, it's largest shareholder is alpha partners leasing limited with a 100% stake. Rrpf Engine Leasing (no.2) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.1m with rapid growth in recent years.
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Rrpf Engine Leasing (no.2) Limited Health Check
Pomanda's financial health check has awarded Rrpf Engine Leasing (No.2) 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
1 Regular
1 Weak
Size
annual sales of £7.1m, make it larger than the average company (£2.3m)
£7.1m - Rrpf Engine Leasing (no.2) Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 373%, show it is growing at a faster rate (0.1%)
373% - Rrpf Engine Leasing (no.2) Limited
0.1% - Industry AVG
Production
with a gross margin of 64%, this company has a lower cost of product (49.5%)
64% - Rrpf Engine Leasing (no.2) Limited
49.5% - Industry AVG
Profitability
an operating margin of 62.5% make it more profitable than the average company (43.9%)
62.5% - Rrpf Engine Leasing (no.2) Limited
43.9% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Rrpf Engine Leasing (no.2) Limited
2 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Rrpf Engine Leasing (no.2) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £3.5m, this is more efficient (£723.9k)
£3.5m - Rrpf Engine Leasing (no.2) Limited
£723.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Rrpf Engine Leasing (no.2) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Rrpf Engine Leasing (no.2) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rrpf Engine Leasing (no.2) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 108 weeks, this is more cash available to meet short term requirements (15 weeks)
108 weeks - Rrpf Engine Leasing (no.2) Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.3%, this is a higher level of debt than the average (82.9%)
100.3% - Rrpf Engine Leasing (no.2) Limited
82.9% - Industry AVG
RRPF ENGINE LEASING (NO.2) LIMITED financials
Rrpf Engine Leasing (No.2) Limited's latest turnover from December 2023 is £7.1 million and the company has net assets of -£379.7 thousand. According to their latest financial statements, Rrpf Engine Leasing (No.2) Limited has 2 employees and maintains cash reserves of £19 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,084,885 | 4,319,538 | 1,707,086 | 66,812 | 0 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 2,548,384 | 2,370,818 | 889,195 | 29,813 | 0 | ||||||||||
| Gross Profit | 4,536,501 | 1,948,720 | 817,891 | 36,999 | 0 | ||||||||||
| Admin Expenses | 108,206 | 47,728 | 25,863 | 27,098 | 0 | ||||||||||
| Operating Profit | 4,428,295 | 1,900,992 | 792,028 | 9,901 | 0 | ||||||||||
| Interest Payable | 3,930,732 | 2,528,070 | 1,028,319 | 39,468 | 0 | ||||||||||
| Interest Receivable | 273,968 | 7,948 | 136 | 0 | 0 | ||||||||||
| Pre-Tax Profit | 771,531 | -619,129 | -236,154 | -29,567 | 0 | ||||||||||
| Tax | -485,317 | 152,550 | 59,033 | 5,687 | 0 | ||||||||||
| Profit After Tax | 286,214 | -466,579 | -177,121 | -23,880 | 0 | ||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Retained Profit | 286,214 | -466,579 | -177,121 | -23,880 | 0 | ||||||||||
| Employee Costs | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Number Of Employees | 2 | ||||||||||||||
| EBITDA* | 7,746,856 | 4,261,675 | 1,681,223 | 39,714 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 128,282,821 | 54,242,234 | 57,019,450 | 12,010,157 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 531,708 | 216,771 | 64,694 | 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 | 0 |
| Total Fixed Assets | 128,814,530 | 54,459,006 | 57,084,144 | 12,010,158 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 484,116 | 121,862 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 1,854,036 | 4,692,701 | 4,783,256 | 2,281 | 99 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,779,176 | 310,801 | 182,704 | 19,752 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 18,969,598 | 3,702,049 | 1,793,428 | 32,388 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 25,602,810 | 8,705,551 | 7,243,506 | 176,284 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 154,417,340 | 63,164,557 | 64,327,650 | 12,186,442 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 240,186 | 131,851 | 13,020 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 443,047 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 8,606,812 | 3,010,562 | 3,034,874 | 86,594 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 9,049,860 | 3,250,749 | 3,166,726 | 99,614 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 140,835,706 | 60,579,701 | 61,361,704 | 12,110,596 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 4,911,453 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 145,747,160 | 60,579,701 | 61,361,705 | 12,110,596 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 154,797,019 | 63,830,450 | 64,528,430 | 12,210,210 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | -379,679 | -665,893 | -200,780 | -23,769 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | -379,679 | -665,893 | -200,780 | -23,769 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,428,295 | 1,900,992 | 792,028 | 9,901 | 0 | ||||||||||
| Depreciation | 3,318,561 | 2,360,682 | 889,195 | 29,813 | 0 | ||||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Tax | -485,317 | 152,550 | 59,033 | 5,687 | 0 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,629,710 | -446,575 | 5,306,182 | 143,796 | 99 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -240,186 | 108,335 | 118,831 | 13,020 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 5,596,250 | -24,312 | 2,948,280 | 86,594 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 4,911,453 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 15,899,346 | 4,944,822 | -498,815 | 1,219 | -99 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 314,937 | 152,078 | 64,694 | 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 | 0 |
| Group/Directors Accounts | 443,047 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 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 | 0 |
| other long term liabilities | 80,256,005 | -782,003 | 49,251,108 | 12,110,596 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -3,656,764 | -2,520,122 | -1,028,183 | -39,468 | 0 | ||||||||||
| cash flow from financing | 77,042,288 | -3,300,659 | 48,223,034 | 12,071,140 | 100 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 15,267,549 | 1,908,621 | 1,761,039 | 32,388 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 15,267,549 | 1,908,621 | 1,761,039 | 32,388 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
rrpf engine leasing (no.2) limited Credit Report and Business Information
Rrpf Engine Leasing (no.2) Limited Competitor Analysis
Perform a competitor analysis for rrpf engine leasing (no.2) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
rrpf engine leasing (no.2) limited Ownership
RRPF ENGINE LEASING (NO.2) LIMITED group structure
Rrpf Engine Leasing (No.2) Limited has no subsidiary companies.
Ultimate parent company
1 parent
RRPF ENGINE LEASING (NO.2) LIMITED
02873019
rrpf engine leasing (no.2) limited directors
Rrpf Engine Leasing (No.2) Limited currently has 2 directors. The longest serving directors include Mr Bobby Janagan (Jul 2019) and Mr Edward Prince (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bobby Janagan | United Kingdom | 54 years | Jul 2019 | - | Director |
| Mr Edward Prince | United Kingdom | 38 years | Mar 2023 | - | Director |
P&L
December 2023turnover
7.1m
+64%
operating profit
4.4m
+133%
gross margin
64.1%
+41.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-379.7k
-0.43%
total assets
154.4m
+1.44%
cash
19m
+4.12%
net assets
Total assets minus all liabilities
Similar Companies
rrpf engine leasing (no.2) limited company details
company number
02873019
Type
Private limited with Share Capital
industry
77351 - Renting and leasing of passenger air transport equipment
incorporation date
November 1993
age
31
accounts
Small Company
ultimate parent company
previous names
alnery no. 1321 limited (January 1994)
incorporated
UK
address
1 brewer's green, london, SW1H ORH
last accounts submitted
December 2023
rrpf engine leasing (no.2) 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 2 charges/mortgages relating to rrpf engine leasing (no.2) limited. Currently there are 0 open charges and 2 have been satisfied in the past.
rrpf engine leasing (no.2) limited Companies House Filings - See Documents
| date | description | view/download |
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