c & d rigging equipment limited

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c & d rigging equipment limited Company Information

Share C & D RIGGING EQUIPMENT LIMITED

Company Number

02983787

Shareholders

christopher john sayers

debbie sayers

Group Structure

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Industry

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

 

Registered Address

55 station road, beaconsfield, buckinghamshire, HP9 1QL

c & d rigging equipment limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of C & D RIGGING EQUIPMENT LIMITED at £1.5m based on a Turnover of £2m and 0.72x industry multiple (adjusted for size and gross margin).

c & d rigging equipment limited Estimated Valuation

£843.8k

Pomanda estimates the enterprise value of C & D RIGGING EQUIPMENT LIMITED at £843.8k based on an EBITDA of £269.1k and a 3.14x industry multiple (adjusted for size and gross margin).

c & d rigging equipment limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of C & D RIGGING EQUIPMENT LIMITED at £4.1m based on Net Assets of £1.8m and 2.29x industry multiple (adjusted for liquidity).

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C & D Rigging Equipment Limited Overview

C & D Rigging Equipment Limited is a live company located in buckinghamshire, HP9 1QL with a Companies House number of 02983787. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in October 1994, it's largest shareholder is christopher john sayers with a 50% stake. C & D Rigging Equipment Limited is a mature, small sized company, Pomanda has estimated its turnover at £2m with healthy growth in recent years.

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C & D Rigging Equipment Limited Health Check

Pomanda's financial health check has awarded C & D Rigging Equipment Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £2m, make it smaller than the average company (£10.4m)

£2m - C & D Rigging Equipment Limited

£10.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.3%)

5% - C & D Rigging Equipment Limited

7.3% - Industry AVG

production

Production

with a gross margin of 48.8%, this company has a comparable cost of product (48.8%)

48.8% - C & D Rigging Equipment Limited

48.8% - Industry AVG

profitability

Profitability

an operating margin of -5% make it less profitable than the average company (11.6%)

-5% - C & D Rigging Equipment Limited

11.6% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (65)

11 - C & D Rigging Equipment Limited

65 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.2k, the company has an equivalent pay structure (£46.2k)

£46.2k - C & D Rigging Equipment Limited

£46.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £185.6k, this is equally as efficient (£215.6k)

£185.6k - C & D Rigging Equipment Limited

£215.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 61 days, this is near the average (51 days)

61 days - C & D Rigging Equipment Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 40 days, this is quicker than average (51 days)

40 days - C & D Rigging Equipment Limited

51 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - C & D Rigging Equipment Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 138 weeks, this is more cash available to meet short term requirements (7 weeks)

138 weeks - C & D Rigging Equipment Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 25.8%, this is a lower level of debt than the average (64.2%)

25.8% - C & D Rigging Equipment Limited

64.2% - Industry AVG

C & D RIGGING EQUIPMENT LIMITED financials

EXPORTms excel logo

C & D Rigging Equipment Limited's latest turnover from March 2024 is estimated at £2 million and the company has net assets of £1.8 million. According to their latest financial statements, C & D Rigging Equipment Limited has 11 employees and maintains cash reserves of £945.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,041,3152,289,2191,717,4171,758,8591,223,7881,514,2642,363,7141,922,3831,735,3706,155,2133,029,1482,514,5942,586,7854,834,1681,601,751
Other Income Or Grants
Cost Of Sales1,045,2411,232,561951,6881,015,333722,431871,7431,377,7881,173,0261,073,9033,655,7701,805,2071,487,3361,442,0652,696,081880,863
Gross Profit996,0741,056,658765,730743,525501,357642,520985,926749,357661,4672,499,4431,223,9411,027,2581,144,7212,138,087720,888
Admin Expenses1,098,248667,595473,797637,749490,6452,596,188562,628315,591-458,7251,508,989372,5121,098,4681,495,1702,159,725-35,456
Operating Profit-102,174389,063291,933105,77610,712-1,953,668423,298433,7661,120,192990,454851,429-71,210-350,449-21,638756,344
Interest Payable3,0943,8443,1221,525
Interest Receivable50,07439,9616,5747036045,1842,4431,2542,9281,293441431598316
Pre-Tax Profit-55,194425,180295,385104,95411,316-1,948,484425,741435,0201,123,120991,747851,870-70,779-349,851-21,322756,344
Tax-80,784-56,123-19,941-2,150-80,891-87,004-224,624-208,267-195,930-211,776
Profit After Tax-55,194344,396239,26285,0139,166-1,948,484344,850348,016898,496783,480655,940-70,779-349,851-21,322544,568
Dividends Paid
Retained Profit-55,194344,396239,26285,0139,166-1,948,484344,850348,016898,496783,480655,940-70,779-349,851-21,322544,568
Employee Costs507,841485,277387,824392,925394,750387,244376,516361,093355,5781,458,155740,434558,085595,4531,182,294379,275
Number Of Employees11119101010101010402117183612
EBITDA*269,139810,784695,362489,877467,070-1,466,478877,829868,1861,495,3541,296,2371,161,159266,517-158,164205,729837,969

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,076,1921,371,3761,303,9531,275,9751,514,5461,559,0861,865,7291,993,8442,182,4581,959,3381,943,6641,871,2881,591,2731,126,581381,352
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,076,1921,371,3761,303,9531,275,9751,514,5461,559,0861,865,7291,993,8442,182,4581,959,3381,943,6641,871,2881,591,2731,126,581381,352
Stock & work in progress
Trade Debtors344,926506,259400,402377,476198,843289,253541,781450,696377,045954,899248,49448,195185,222719,886304,909
Group Debtors
Misc Debtors71,22870,48724,85941,67570,67056,1991,940,9281,942,5101,910,981
Cash945,247962,332918,178834,784570,969637,058745,289231,842771,141400,236116,92959,492113,028126,314
misc current assets
total current assets1,361,4011,539,0781,343,4391,253,935840,482982,5103,227,9982,625,0483,059,1671,355,135365,423107,687298,250846,200304,909
total assets2,437,5932,910,4542,647,3922,529,9102,355,0282,541,5965,093,7274,618,8925,241,6253,314,4732,309,0871,978,9751,889,5231,972,781686,261
Bank overdraft
Bank loan10,00010,00010,0007,500
Trade Creditors 115,796133,809126,039112,40584,658135,599260,896120,783169,1621,581,8531,526,4581,876,2591,659,4621,399,853141,593
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities229,368514,300491,051489,145105,771320,8401,513,2231,525,6662,391,023
total current liabilities355,164658,109627,090609,050190,429456,4391,774,1191,646,4492,560,1851,581,8531,526,4581,876,2591,659,4621,399,853141,593
loans12,50022,50032,50042,500
hp & lease commitments
Accruals and Deferred Income
other liabilities34,17773,786207,9256,55515,75522,35914,40427,23419,14323,97313,731
provisions228,095293,208261,422592,612954,664877,784171,706183,795213,574171,34156,56635,851
total long term liabilities274,772389,494501,847641,667970,419900,143186,110183,795240,808190,48423,97356,56649,582
total liabilities629,9361,047,6031,128,9371,250,7171,160,8481,356,5821,960,2291,830,2442,800,9931,772,3371,550,4311,876,2591,716,0281,449,435141,593
net assets1,807,6571,862,8511,518,4551,279,1931,194,1801,185,0143,133,4982,788,6482,440,6321,542,136758,656102,716173,495523,346544,668
total shareholders funds1,807,6571,862,8511,518,4551,279,1931,194,1801,185,0143,133,4982,788,6482,440,6321,542,136758,656102,716173,495523,346544,668
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-102,174389,063291,933105,77610,712-1,953,668423,298433,7661,120,192990,454851,429-71,210-350,449-21,638756,344
Depreciation371,313421,721403,429384,101456,358487,190454,531434,420375,162305,783309,730337,727192,285227,36781,625
Amortisation
Tax-80,784-56,123-19,941-2,150-80,891-87,004-224,624-208,267-195,930-211,776
Stock
Debtors-160,592151,4856,110149,638-75,939-2,137,25789,503105,1801,333,127706,405200,299-137,027-534,664414,977304,909
Creditors-18,0137,77013,63427,747-50,941-125,297140,113-48,379-1,412,69155,395-349,801216,797259,6091,258,260141,593
Accruals and Deferred Income-284,93223,2491,906383,374-215,069-1,192,383-12,443-865,3572,391,023
Deferred Taxes & Provisions-65,11331,786-331,190-362,05276,880706,078-12,089-29,77942,233171,341-56,56620,71535,851
Cash flow from operations61,673641,320317,479369,367351,72959,177823,016-267,513958,168608,301415,129563,775656,8241,084,863462,877
Investing Activities
capital expenditure-76,129-489,144-431,407-145,530-411,818-180,547-326,416-245,806-598,282-321,457-382,106-617,742-656,977-972,596-462,977
Change in Investments
cash flow from investments-76,129-489,144-431,407-145,530-411,818-180,547-326,416-245,806-598,282-321,457-382,106-617,742-656,977-972,596-462,977
Financing Activities
Bank loans2,5007,500
Group/Directors Accounts
Other Short Term Loans
Long term loans-10,000-10,000-10,00042,500
Hire Purchase and Lease Commitments
other long term liabilities-39,609-134,139201,370-9,200-6,6047,95514,404-27,2348,091-4,83023,973-13,73113,731
share issue100
interest46,98036,1173,452-8226045,1842,4431,2542,9281,293441431598316
cash flow from financing-2,629-108,022197,32239,978-6,00013,13916,847-25,98011,019-3,53724,414431-13,13314,047100
cash and cash equivalents
cash-17,08544,15483,394263,815-66,089-108,231513,447-539,299370,905283,30757,437-53,536-13,286126,314
overdraft
change in cash-17,08544,15483,394263,815-66,089-108,231513,447-539,299370,905283,30757,437-53,536-13,286126,314

c & d rigging equipment limited 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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C & D Rigging Equipment Limited Competitor Analysis

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Perform a competitor analysis for c & d rigging equipment limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in HP9 area or any other competitors across 12 key performance metrics.

c & d rigging equipment limited Ownership

C & D RIGGING EQUIPMENT LIMITED group structure

C & D Rigging Equipment Limited has no subsidiary companies.

Ultimate parent company

C & D RIGGING EQUIPMENT LIMITED

02983787

C & D RIGGING EQUIPMENT LIMITED Shareholders

christopher john sayers 50%
debbie sayers 50%

c & d rigging equipment limited directors

C & D Rigging Equipment Limited currently has 1 director, Mr Christopher Sayers serving since Oct 2006.

officercountryagestartendrole
Mr Christopher SayersEngland46 years Oct 2006- Director

P&L

March 2024

turnover

2m

-11%

operating profit

-102.2k

0%

gross margin

48.8%

+5.71%

turnover

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

Balance Sheet

March 2024

net assets

1.8m

-0.03%

total assets

2.4m

-0.16%

cash

945.2k

-0.02%

net assets

Total assets minus all liabilities

c & d rigging equipment limited company details

company number

02983787

Type

Private limited with Share Capital

industry

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

incorporation date

October 1994

age

31

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

55 station road, beaconsfield, buckinghamshire, HP9 1QL

Bank

-

Legal Advisor

-

c & d rigging equipment 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 c & d rigging equipment limited. Currently there are 1 open charges and 0 have been satisfied in the past.

c & d rigging equipment limited 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.

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c & d rigging equipment limited Companies House Filings - See Documents

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