rethink professional solutions ltd
rethink professional solutions ltd Company Information
Company Number
03307999
Next Accounts
Jun 2025
Directors
Shareholders
a-plan holdings
ashley james prickett
Group Structure
View All
Industry
Activities of insurance agents and brokers
Registered Address
one creechurch place, london, EC3A 5AF
Website
www.cottersproperty.co.ukrethink professional solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of RETHINK PROFESSIONAL SOLUTIONS LTD at £41.6k based on a Turnover of £50.4k and 0.83x industry multiple (adjusted for size and gross margin).
rethink professional solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of RETHINK PROFESSIONAL SOLUTIONS LTD at £175.6k based on an EBITDA of £38.1k and a 4.61x industry multiple (adjusted for size and gross margin).
rethink professional solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of RETHINK PROFESSIONAL SOLUTIONS LTD at £14.9m based on Net Assets of £8.7m and 1.72x industry multiple (adjusted for liquidity).
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Rethink Professional Solutions Ltd Overview
Rethink Professional Solutions Ltd is a live company located in london, EC3A 5AF with a Companies House number of 03307999. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in January 1997, it's largest shareholder is a-plan holdings with a 93% stake. Rethink Professional Solutions Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £50.4k with declining growth in recent years.
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Rethink Professional Solutions Ltd Health Check
Pomanda's financial health check has awarded Rethink Professional Solutions Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
4 Weak
Size
annual sales of £50.4k, make it smaller than the average company (£2.9m)
£50.4k - Rethink Professional Solutions Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -71%, show it is growing at a slower rate (5.9%)
- Rethink Professional Solutions Ltd
5.9% - Industry AVG
Production
with a gross margin of 77.7%, this company has a comparable cost of product (95.9%)
77.7% - Rethink Professional Solutions Ltd
95.9% - Industry AVG
Profitability
an operating margin of 75.5% make it more profitable than the average company (18.9%)
75.5% - Rethink Professional Solutions Ltd
18.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
- Rethink Professional Solutions Ltd
17 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Rethink Professional Solutions Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £50.4k, this is less efficient (£113.5k)
- Rethink Professional Solutions Ltd
£113.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Rethink Professional Solutions Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Rethink Professional Solutions Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rethink Professional Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rethink Professional Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (61.2%)
0.1% - Rethink Professional Solutions Ltd
61.2% - Industry AVG
RETHINK PROFESSIONAL SOLUTIONS LTD financials
Rethink Professional Solutions Ltd's latest turnover from September 2023 is £50.4 thousand and the company has net assets of £8.7 million. According to their latest financial statements, we estimate that Rethink Professional Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Feb 2021 | Feb 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 50,389 | 2,084,254 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 11,240 | ||||||||||||||
| Gross Profit | 39,149 | ||||||||||||||
| Admin Expenses | 1,098 | ||||||||||||||
| Operating Profit | 38,051 | 644,955 | |||||||||||||
| Interest Payable | 21 | ||||||||||||||
| Interest Receivable | 60 | 426 | |||||||||||||
| Pre-Tax Profit | 38,111 | 7,163,646 | |||||||||||||
| Tax | -8,383 | -5,199 | |||||||||||||
| Profit After Tax | 29,728 | 7,158,447 | |||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 29,728 | 7,158,447 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 32 | 33 | 32 | 34 | 35 | 34 | 30 | 30 | |||||||
| EBITDA* | 38,051 | 658,110 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Feb 2021 | Feb 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 179 | 40,541 | 45,445 | 52,260 | 90,581 | 117,254 | 137,290 | 69,021 | 82,557 | 73,861 | 72,765 | 59,005 | 63,141 | 65,772 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 179 | 40,541 | 45,445 | 52,260 | 90,581 | 117,254 | 137,290 | 69,021 | 82,557 | 73,861 | 72,765 | 59,005 | 63,141 | 65,772 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 257,215 | 261,191 | 330,196 | 296,479 | 203,109 | 275,934 | |||||||||
| Group Debtors | 8,664,529 | 7,893,822 | 1,100,000 | ||||||||||||
| Misc Debtors | 65,587 | 219,972 | 293,074 | 208,691 | 312,721 | 297,941 | 328,287 | 380,447 | |||||||
| Cash | 796,039 | 352,723 | 977,245 | 342,632 | 149,251 | 194,395 | 205,791 | 108,196 | 212,940 | 361,513 | 153,280 | 106,000 | 298,059 | 230,009 | |
| misc current assets | |||||||||||||||
| total current assets | 8,664,529 | 8,755,448 | 1,672,695 | 1,270,319 | 551,323 | 461,972 | 492,336 | 534,078 | 488,643 | 470,155 | 622,704 | 483,476 | 402,479 | 501,168 | 505,943 |
| total assets | 8,664,529 | 8,755,627 | 1,713,236 | 1,315,764 | 603,583 | 552,553 | 609,590 | 671,368 | 557,664 | 552,712 | 696,565 | 556,241 | 461,484 | 564,309 | 571,715 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,813 | 1 | 2 | 2 | 11,094 | 461,128 | 542,947 | 465,195 | 371,379 | 484,204 | 496,801 | ||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 10,934 | 131,760 | 253,684 | 164,345 | 125,231 | 442,788 | 511,551 | 579,177 | 455,196 | ||||||
| total current liabilities | 10,934 | 131,760 | 253,684 | 164,345 | 127,044 | 442,789 | 511,553 | 579,179 | 466,290 | 461,128 | 542,947 | 465,195 | 371,379 | 484,204 | 496,801 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 10,934 | 131,760 | 253,684 | 164,345 | 127,044 | 442,789 | 511,553 | 579,179 | 466,290 | 461,128 | 542,947 | 465,195 | 371,379 | 484,204 | 496,801 |
| net assets | 8,653,595 | 8,623,867 | 1,459,552 | 1,151,419 | 476,539 | 109,764 | 98,037 | 92,189 | 91,374 | 91,584 | 153,618 | 91,046 | 90,105 | 80,105 | 74,914 |
| total shareholders funds | 8,653,595 | 8,623,867 | 1,459,552 | 1,151,419 | 476,539 | 109,764 | 98,037 | 92,189 | 91,374 | 91,584 | 153,618 | 91,046 | 90,105 | 80,105 | 74,914 |
| Sep 2023 | Sep 2022 | Sep 2021 | Feb 2021 | Feb 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 38,051 | 644,955 | |||||||||||||
| Depreciation | 13,155 | 10,051 | 18,494 | 26,623 | 39,826 | 41,876 | 33,153 | 21,555 | 18,591 | 15,089 | 12,069 | 12,258 | 14,454 | 10,350 | |
| Amortisation | |||||||||||||||
| Tax | -8,383 | -5,199 | |||||||||||||
| Stock | |||||||||||||||
| Debtors | 705,120 | 6,639,437 | 1,111,281 | 84,383 | -104,030 | 14,780 | -30,346 | -52,160 | 123,232 | -3,976 | -69,005 | 33,717 | 93,370 | -72,825 | 275,934 |
| Creditors | -1,813 | -1,813 | 1,812 | -1 | -11,092 | -450,034 | -81,819 | 77,752 | 93,816 | -112,825 | -12,597 | 496,801 | |||
| Accruals and Deferred Income | -120,826 | -121,924 | 128,453 | 39,114 | -317,557 | -68,763 | -67,626 | 123,981 | 455,196 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -796,278 | -6,108,450 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 60 | 405 | |||||||||||||
| cash flow from financing | 60 | 6,273 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -796,039 | 443,316 | 10,091 | 634,613 | 193,381 | -45,144 | -11,396 | 97,595 | -104,744 | -148,573 | 208,233 | 47,280 | -192,059 | 68,050 | 230,009 |
| overdraft | |||||||||||||||
| change in cash | -796,039 | 443,316 | 10,091 | 634,613 | 193,381 | -45,144 | -11,396 | 97,595 | -104,744 | -148,573 | 208,233 | 47,280 | -192,059 | 68,050 | 230,009 |
rethink professional solutions ltd Credit Report and Business Information
Rethink Professional Solutions Ltd Competitor Analysis
Perform a competitor analysis for rethink professional solutions ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EC3A area or any other competitors across 12 key performance metrics.
rethink professional solutions ltd Ownership
RETHINK PROFESSIONAL SOLUTIONS LTD group structure
Rethink Professional Solutions Ltd has no subsidiary companies.
Ultimate parent company
2 parents
RETHINK PROFESSIONAL SOLUTIONS LTD
03307999
rethink professional solutions ltd directors
Rethink Professional Solutions Ltd currently has 1 director, Mr Andrew Hall serving since Oct 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Hall | United Kingdom | 45 years | Oct 2023 | - | Director |
P&L
September 2023turnover
50.4k
-98%
operating profit
38.1k
-94%
gross margin
77.7%
%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
8.7m
0%
total assets
8.7m
-0.01%
cash
0
-1%
net assets
Total assets minus all liabilities
rethink professional solutions ltd company details
company number
03307999
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
January 1997
age
28
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
September 2023
previous names
cotters insurance services limited (May 2023)
accountant
HARRIS & CO
auditor
-
address
one creechurch place, london, EC3A 5AF
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
rethink professional solutions ltd 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 3 charges/mortgages relating to rethink professional solutions ltd. Currently there are 0 open charges and 3 have been satisfied in the past.
rethink professional solutions ltd 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.
Click to start generating capital raising & share issue transactions for RETHINK PROFESSIONAL SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
rethink professional solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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