r j patching limited
r j patching limited Company Information
Company Number
03085630
Registered Address
chancery house 30 st johns road, woking, surrey, GU21 7SA
Industry
Electrical installation
Telephone
02089689880
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
dawn angela patching 50%
mr roger william patching 50%
r j patching limited Estimated Valuation
Pomanda estimates the enterprise value of R J PATCHING LIMITED at £426.7k based on a Turnover of £812.3k and 0.53x industry multiple (adjusted for size and gross margin).
r j patching limited Estimated Valuation
Pomanda estimates the enterprise value of R J PATCHING LIMITED at £694.8k based on an EBITDA of £127.8k and a 5.44x industry multiple (adjusted for size and gross margin).
r j patching limited Estimated Valuation
Pomanda estimates the enterprise value of R J PATCHING LIMITED at £489.5k based on Net Assets of £160.4k and 3.05x industry multiple (adjusted for liquidity).
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R J Patching Limited Overview
R J Patching Limited is a live company located in surrey, GU21 7SA with a Companies House number of 03085630. It operates in the electrical installation sector, SIC Code 43210. Founded in July 1995, it's largest shareholder is dawn angela patching with a 50% stake. R J Patching Limited is a mature, small sized company, Pomanda has estimated its turnover at £812.3k with declining growth in recent years.
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R J Patching Limited Health Check
Pomanda's financial health check has awarded R J Patching Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £812.3k, make it in line with the average company (£829.5k)
- R J Patching Limited
£829.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (7.8%)
- R J Patching Limited
7.8% - Industry AVG
Production
with a gross margin of 25.2%, this company has a comparable cost of product (25.2%)
- R J Patching Limited
25.2% - Industry AVG
Profitability
an operating margin of 15.5% make it more profitable than the average company (6.7%)
- R J Patching Limited
6.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (10)
4 - R J Patching Limited
10 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- R J Patching Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £203.1k, this is more efficient (£132.6k)
- R J Patching Limited
£132.6k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (59 days)
- R J Patching Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (43 days)
- R J Patching Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (7 days)
- R J Patching Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (22 weeks)
29 weeks - R J Patching Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49%, this is a lower level of debt than the average (61.6%)
49% - R J Patching Limited
61.6% - Industry AVG
R J PATCHING LIMITED financials
R J Patching Limited's latest turnover from August 2023 is estimated at £812.3 thousand and the company has net assets of £160.4 thousand. According to their latest financial statements, R J Patching Limited has 4 employees and maintains cash reserves of £86.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 8 | 8 | 8 | 9 | 7 | 8 | 10 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,317 | 7,091 | 8,411 | 11,216 | 14,957 | 12,945 | 16,901 | 9,025 | 4,411 | 8,635 | 11,514 | 15,353 | 21,495 | 28,660 | 41,859 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 5,317 | 7,091 | 8,411 | 11,216 | 14,957 | 12,945 | 16,901 | 9,025 | 4,411 | 8,635 | 11,514 | 15,353 | 21,495 | 28,660 | 91,859 |
| Stock & work in progress | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 4,500 | 4,500 | 4,500 | 4,500 | 0 | 0 | 0 | 0 | 0 | 431,917 |
| Trade Debtors | 182,738 | 0 | 302,489 | 338,034 | 377,733 | 422,699 | 272,726 | 362,973 | 350,754 | 299,958 | 181,618 | 637,301 | 323,712 | 487,470 | 114,037 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 34,396 | 1,996 | 125,067 | 46,620 | 84,226 | 68,806 | 39,910 | 36,729 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 86,341 | 74,978 | 118,263 | 424,646 | 492,477 | 495,596 | 162,622 | 37 | 20,361 | 0 | 0 | 0 | 1,560 | 41,096 | 107,225 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 309,475 | 82,974 | 551,819 | 815,300 | 960,436 | 991,601 | 479,758 | 404,239 | 375,615 | 299,958 | 181,618 | 637,301 | 325,272 | 528,566 | 653,179 |
| total assets | 314,792 | 90,065 | 560,230 | 826,516 | 975,393 | 1,004,546 | 496,659 | 413,264 | 380,026 | 308,593 | 193,132 | 652,654 | 346,767 | 557,226 | 745,038 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 64,897 | 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 | 123,671 | 16,772 | 105,121 | 162,706 | 229,376 | 249,172 | 145,044 | 240,046 | 413,418 | 227,099 | 268,500 | 500,874 | 317,213 | 487,822 | 387,093 |
| Group/Directors Accounts | 0 | 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 | 30,695 | 10,415 | 17,032 | 32,813 | 64,847 | 170,972 | 149,871 | 107,363 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 154,366 | 27,187 | 122,153 | 195,519 | 294,223 | 420,144 | 294,915 | 412,306 | 413,418 | 227,099 | 268,500 | 500,874 | 317,213 | 487,822 | 387,093 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 152,937 | 80,000 | 80,000 | 104,705 | 9,845 | 14,500 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 152,937 | 80,000 | 80,000 | 104,705 | 9,845 | 14,500 |
| total liabilities | 154,366 | 27,187 | 122,153 | 195,519 | 294,223 | 420,144 | 294,915 | 412,306 | 413,418 | 380,036 | 348,500 | 580,874 | 421,918 | 497,667 | 401,593 |
| net assets | 160,426 | 62,878 | 438,077 | 630,997 | 681,170 | 584,402 | 201,744 | 958 | -33,392 | -71,443 | -155,368 | 71,780 | -75,151 | 59,559 | 343,445 |
| total shareholders funds | 160,426 | 62,878 | 438,077 | 630,997 | 681,170 | 584,402 | 201,744 | 958 | -33,392 | -71,443 | -155,368 | 71,780 | -75,151 | 59,559 | 343,445 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,774 | 2,364 | 2,805 | 3,741 | 4,986 | 4,315 | 5,634 | 3,009 | 1,472 | 2,879 | 3,839 | 5,117 | 7,165 | 9,557 | 13,553 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 | 50,000 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 1,500 | 0 | 0 | 0 | 4,500 | 0 | 0 | 0 | 0 | -431,917 | 431,917 |
| Debtors | 215,138 | -425,560 | 42,902 | -77,305 | -29,546 | 178,869 | -87,066 | 48,948 | 50,796 | 118,340 | -455,683 | 313,589 | -163,758 | 373,433 | 114,037 |
| Creditors | 106,899 | -88,349 | -57,585 | -66,670 | -19,796 | 104,128 | -95,002 | -173,372 | 186,319 | -41,401 | -232,374 | 183,661 | -170,609 | 100,729 | 387,093 |
| Accruals and Deferred Income | 20,280 | -6,617 | -15,781 | -32,034 | -106,125 | 21,101 | 42,508 | 107,363 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -152,937 | 72,937 | 0 | -24,705 | 94,860 | -4,655 | 14,500 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 11,363 | -43,285 | -306,383 | -67,831 | -3,119 | 332,974 | 162,585 | -20,324 | 20,361 | 0 | 0 | -1,560 | -39,536 | -66,129 | 107,225 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -64,897 | 64,897 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 11,363 | -43,285 | -306,383 | -67,831 | -3,119 | 332,974 | 227,482 | -85,221 | 20,361 | 0 | 0 | -1,560 | -39,536 | -66,129 | 107,225 |
r j patching limited Credit Report and Business Information
R J Patching Limited Competitor Analysis
Perform a competitor analysis for r j patching limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in GU21 area or any other competitors across 12 key performance metrics.
r j patching limited Ownership
R J PATCHING LIMITED group structure
R J Patching Limited has no subsidiary companies.
Ultimate parent company
R J PATCHING LIMITED
03085630
r j patching limited directors
R J Patching Limited currently has 2 directors. The longest serving directors include Mrs Dawn Patching (Dec 1996) and Mr Roger Patching (Oct 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Dawn Patching | United Kingdom | 59 years | Dec 1996 | - | Director |
| Mr Roger Patching | United Kingdom | 62 years | Oct 2005 | - | Director |
P&L
August 2023turnover
812.3k
+85%
operating profit
126k
0%
gross margin
25.2%
+0.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
160.4k
+1.55%
total assets
314.8k
+2.5%
cash
86.3k
+0.15%
net assets
Total assets minus all liabilities
r j patching limited company details
company number
03085630
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
July 1995
age
29
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
abney electrical ltd (October 2005)
accountant
BARNBROOK SINCLAIR
auditor
-
address
chancery house 30 st johns road, woking, surrey, GU21 7SA
Bank
-
Legal Advisor
-
r j patching 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 r j patching limited. Currently there are 0 open charges and 1 have been satisfied in the past.
r j patching limited Companies House Filings - See Documents
| date | description | view/download |
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