Pomanda estimates the enterprise value of RAKEM LIMITED at £10.1m based on a Turnover of £15.3m and 0.66x industry multiple (adjusted for size and gross margin).
rakem limitedEstimated Valuation
£11.4m
Pomanda estimates the enterprise value of RAKEM LIMITED at £11.4m based on an EBITDA of £2.2m and a 5.22x industry multiple (adjusted for size and gross margin).
rakem limitedEstimated Valuation
£9.7m
Pomanda estimates the enterprise value of RAKEM LIMITED at £9.7m based on Net Assets of £4.9m and 1.96x industry multiple (adjusted for liquidity).
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Rakem LimitedOverview
Rakem Limited is a live company located in lancashire, BL8 2BD with a Companies House number of 03253833. It operates in the agents specialized in the sale of other particular products sector, SIC Code 46180. Founded in September 1996, it's largest shareholder is
rakem group limited
with a 100% stake. Rakem Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£15.3m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Rakem Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
1 Regular
5 Weak
Size
annual sales of £15.3m, make it in line with the average company (£15.2m)
£15.3m - Rakem Limited
£15.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (7.6%)
15% - Rakem Limited
7.6% - Industry AVG
Production
with a gross margin of 34.1%, this company has a lower cost of product (25.1%)
34.1% - Rakem Limited
25.1% - Industry AVG
Profitability
an operating margin of 12.7% make it more profitable than the average company (6%)
12.7% - Rakem Limited
6% - Industry AVG
Employees
with 30 employees, this is above the industry average (18)
30 - Rakem Limited
18 - Industry AVG
Pay Structure
on an average salary of £82.3k, the company has a higher pay structure (£61.8k)
£82.3k - Rakem Limited
£61.8k - Industry AVG
Efficiency
resulting in sales per employee of £510.5k, this is less efficient (£675.5k)
£510.5k - Rakem Limited
£675.5k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (52 days)
92 days - Rakem Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (28 days)
84 days - Rakem Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 79 days, this is more than average (60 days)
79 days - Rakem Limited
60 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 23 weeks, this is more cash available to meet short term requirements (15 weeks)
23 weeks - Rakem Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.9%, this is a higher level of debt than the average (46.9%)
52.9% - Rakem Limited
46.9% - Industry AVG
RAKEM LIMITED financials
EXPORT
Rakem Limited's latest turnover from December 2023 is £15.3 million and the company has net assets of £4.9 million. According to their latest financial statements, Rakem Limited has 30 employees and maintains cash reserves of £2.4 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
15,315,761
15,886,391
13,283,359
10,086,773
11,056,350
11,400,841
11,934,002
12,228,740
12,634,221
12,976,567
11,062,825
9,051,318
9,314,061
9,738,688
7,496,517
Other Income Or Grants
Cost Of Sales
10,088,654
11,034,955
9,337,026
7,283,236
8,307,623
8,350,442
8,736,765
8,916,728
9,267,178
10,106,542
8,570,126
6,922,125
7,296,848
8,022,331
6,198,021
Gross Profit
5,227,107
4,851,436
3,946,333
2,803,537
2,748,727
3,050,399
3,197,237
3,312,012
3,367,043
2,870,025
2,492,699
2,129,193
2,017,213
1,716,357
1,298,496
Admin Expenses
3,278,091
3,721,160
2,557,470
2,144,334
2,556,738
2,190,775
2,332,523
2,467,387
2,786,409
2,355,440
2,010,713
1,602,053
1,374,043
1,401,477
1,118,708
Operating Profit
1,949,016
1,130,276
1,388,863
659,203
191,989
859,624
864,714
844,625
580,634
514,585
481,986
527,140
643,170
314,880
179,788
Interest Payable
38,990
90,396
5,093
4,486
6,839
4,179
2,184
3,032
4,099
6,232
5,062
9,255
24,610
18,042
41,766
Interest Receivable
1,892
15
1
174
553
4
402
65
Pre-Tax Profit
1,911,918
1,039,880
1,383,770
654,732
185,151
855,445
862,530
841,593
591,557
508,906
476,924
517,889
618,962
314,265
116,409
Tax
-278,521
-53,018
-293,329
125,343
35,856
-122,281
8,865
-51,841
-20,835
3,097
-13,923
-101,161
-45,977
-77,905
-37,209
Profit After Tax
1,633,397
986,862
1,090,441
780,075
221,007
733,164
871,395
789,752
570,722
512,003
463,001
416,728
572,985
236,360
79,200
Dividends Paid
29,875
3,592,253
723,000
600,000
Retained Profit
1,633,397
956,987
-2,501,812
780,075
-501,993
133,164
871,395
789,752
570,722
512,003
463,001
416,728
572,985
236,360
79,200
Employee Costs
2,467,854
2,690,318
1,808,156
1,541,452
1,367,366
965,714
964,337
1,203,453
1,248,484
1,087,679
890,318
799,244
685,412
639,975
Number Of Employees
30
28
29
34
35
32
32
25
22
20
18
16
14
12
EBITDA*
2,192,382
1,370,388
1,618,621
910,279
467,060
1,032,629
997,133
926,393
656,513
567,128
522,357
558,883
676,892
351,315
222,454
* 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
1,335,717
1,290,820
1,181,146
1,314,419
1,324,560
1,429,302
841,574
417,895
250,384
202,764
145,021
116,335
108,398
113,042
129,318
Intangible Assets
Investments & Other
200
200
200
200
200
200
200
200
6,200
6,200
6,200
6,200
6,200
6,200
24,596
Debtors (Due After 1 year)
Total Fixed Assets
1,335,917
1,291,020
1,181,346
1,314,619
1,324,760
1,429,502
841,774
418,095
256,584
208,964
151,221
122,535
114,598
119,242
153,914
Stock & work in progress
2,187,967
2,552,150
1,829,443
1,252,760
1,550,602
2,280,416
2,292,131
2,466,027
1,418,243
1,912,613
2,167,432
1,375,749
1,620,374
1,207,811
800,509
Trade Debtors
3,878,514
3,245,171
2,026,260
1,886,894
1,803,922
2,035,337
1,976,275
2,294,801
2,191,337
2,257,785
2,460,412
1,808,017
1,668,287
1,810,905
1,355,905
Group Debtors
513,306
842,290
1,130,892
1,091,796
1,019,004
1,835,246
1,277,532
425,444
89,426
105,825
Misc Debtors
145,793
125,382
86,360
119,645
153,451
64,106
110,037
58,932
92,555
12,166
117,149
184,745
149,111
35,881
111,887
Cash
2,411,781
338,073
962,901
1,925,918
370,883
605,323
1,442,243
1,041,022
2,033,279
878,450
154,747
188,280
164,191
59,262
7,515
misc current assets
total current assets
9,137,361
7,103,066
6,035,856
6,277,013
4,897,862
6,820,428
7,098,218
6,286,226
5,735,414
5,061,014
4,899,740
3,556,791
3,601,963
3,203,285
2,381,641
total assets
10,473,278
8,394,086
7,217,202
7,591,632
6,222,622
8,249,930
7,939,992
6,704,321
5,991,998
5,269,978
5,050,961
3,679,326
3,716,561
3,322,527
2,535,555
Bank overdraft
394,293
11,315
526,498
488,271
427,037
Bank loan
Trade Creditors
2,327,475
1,898,042
1,830,138
1,742,188
1,108,779
2,263,347
2,394,740
1,951,465
2,071,373
1,887,016
2,245,314
1,441,959
1,470,678
1,773,950
1,350,473
Group/Directors Accounts
232,461
2,646
2,646
2,646
10,037
113,416
76,795
76,795
76,795
176,795
176,795
568
5,148
other short term finances
1,234,097
300,000
300,000
408,329
710,045
hp & lease commitments
18,801
26,763
26,763
26,763
7,961
48,941
40,979
8,495
32,260
39,765
28,695
19,548
20,332
10,986
6,563
other current liabilities
1,588,734
2,021,702
1,214,693
816,804
485,017
510,654
961,520
1,025,144
1,014,772
1,020,562
969,976
789,011
687,442
568,591
506,727
total current liabilities
5,401,568
4,249,153
3,768,533
2,588,401
2,020,123
3,532,987
3,397,239
3,098,520
3,195,200
3,024,138
3,320,780
2,438,628
2,881,745
2,842,366
2,295,948
loans
6,267
675,000
975,000
hp & lease commitments
27,059
53,808
80,571
25,861
55,774
62,931
8,495
40,755
37,051
9,655
19,870
9,439
3,774
Accruals and Deferred Income
other liabilities
provisions
130,578
141,406
75,380
76,367
110,420
92,958
44,775
42,149
14,405
1,909
1,957
2,871
3,502
546
2,017
total long term liabilities
136,845
843,465
1,104,188
156,938
136,281
148,732
107,706
42,149
22,900
42,664
39,008
12,526
23,372
9,985
5,791
total liabilities
5,538,413
5,092,618
4,872,721
2,745,339
2,156,404
3,681,719
3,504,945
3,140,669
3,218,100
3,066,802
3,359,788
2,451,154
2,905,117
2,852,351
2,301,739
net assets
4,934,865
3,301,468
2,344,481
4,846,293
4,066,218
4,568,211
4,435,047
3,563,652
2,773,898
2,203,176
1,691,173
1,228,172
811,444
470,176
233,816
total shareholders funds
4,934,865
3,301,468
2,344,481
4,846,293
4,066,218
4,568,211
4,435,047
3,563,652
2,773,898
2,203,176
1,691,173
1,228,172
811,444
470,176
233,816
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
1,949,016
1,130,276
1,388,863
659,203
191,989
859,624
864,714
844,625
580,634
514,585
481,986
527,140
643,170
314,880
179,788
Depreciation
243,366
240,112
229,758
251,076
275,071
173,005
132,419
81,768
75,879
52,543
40,371
31,743
33,722
36,435
42,666
Amortisation
Tax
-278,521
-53,018
-293,329
125,343
35,856
-122,281
8,865
-51,841
-20,835
3,097
-13,923
-101,161
-45,977
-77,905
-37,209
Stock
-364,183
722,707
576,683
-297,842
-729,814
-11,715
-173,896
1,047,784
-494,370
-254,819
791,683
-244,625
412,563
407,302
800,509
Debtors
324,770
969,331
145,177
121,958
-958,312
570,845
584,667
495,285
13,941
-307,610
584,799
175,364
-118,814
362,595
1,573,617
Creditors
429,433
67,904
87,950
633,409
-1,154,568
-131,393
443,275
-119,908
184,357
-358,298
803,355
-28,719
-303,272
423,477
1,350,473
Accruals and Deferred Income
-432,968
807,009
397,889
331,787
-25,637
-450,866
-63,624
10,372
-5,790
50,586
180,965
101,569
118,851
61,864
506,727
Deferred Taxes & Provisions
-10,828
66,026
-987
-34,053
17,462
48,183
2,626
27,744
12,496
-48
-914
-631
2,956
-1,471
2,017
Cash flow from operations
1,938,911
566,271
1,088,284
2,142,649
1,028,299
-182,858
977,504
-750,309
1,307,170
824,894
115,358
599,202
155,701
-12,617
-329,664
Investing Activities
capital expenditure
-288,263
-349,786
-96,485
-240,935
-170,329
-760,733
-556,098
-249,279
-125,625
-114,298
7,666
-23,955
-10,731
-7,856
-171,984
Change in Investments
-6,000
-18,396
24,596
cash flow from investments
-288,263
-349,786
-96,485
-240,935
-170,329
-760,733
-556,098
-243,279
-125,625
-114,298
7,666
-23,955
-10,731
10,540
-196,580
Financing Activities
Bank loans
Group/Directors Accounts
229,815
-7,391
10,037
-113,416
36,621
-100,000
176,227
-4,580
5,148
Other Short Term Loans
934,097
300,000
-408,329
-301,716
710,045
Long term loans
-668,733
-300,000
975,000
Hire Purchase and Lease Commitments
-35,021
-26,749
-26,763
73,512
-70,893
805
95,415
-32,260
-39,765
14,774
36,543
-10,999
19,777
10,088
10,337
other long term liabilities
share issue
2
-231,717
154,616
interest
-37,098
-90,396
-5,093
-4,471
-6,838
-4,179
-2,184
-3,032
-3,925
-5,679
-5,062
-9,251
-24,208
-18,042
-41,701
cash flow from financing
423,060
-417,145
1,243,144
-346,679
-369,410
706,671
-20,185
1,331
-43,690
9,095
-68,519
-20,250
-59,921
-12,534
128,400
cash and cash equivalents
cash
2,073,708
-624,828
-963,017
1,555,035
-234,440
-836,920
401,221
-992,257
1,154,829
723,703
-33,533
24,089
104,929
51,747
7,515
overdraft
-394,293
394,293
-11,315
-515,183
38,227
61,234
427,037
change in cash
2,073,708
-230,535
-1,357,310
1,555,035
-234,440
-836,920
401,221
-992,257
1,154,829
723,703
-22,218
539,272
66,702
-9,487
-419,522
rakem limited 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 rakem limited. Get real-time insights into rakem limited's credit score, group structure and payment trends.
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irwell house wellington street, bury, lancashire, BL8 2BD
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rakem 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 rakem limited. Currently there are 2 open charges and 5 have been satisfied in the past.
rakem 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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rakem limitedCompanies House Filings - See Documents
