ringway handling limited

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ringway handling limited Company Information

Share RINGWAY HANDLING LIMITED

Company Number

03602934

Shareholders

ringway handling services ltd

Group Structure

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Industry

Cargo handling for air transport activities of division 51

 

Registered Address

level 5 town hall extension, albert square, manchester, M60 2LA

ringway handling limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RINGWAY HANDLING LIMITED at £0 based on a Turnover of £0 and 0.51x industry multiple (adjusted for size and gross margin).

ringway handling limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RINGWAY HANDLING LIMITED at £0 based on an EBITDA of £0 and a 2.99x industry multiple (adjusted for size and gross margin).

ringway handling limited Estimated Valuation

£2

Pomanda estimates the enterprise value of RINGWAY HANDLING LIMITED at £2 based on Net Assets of £1 and 2.08x industry multiple (adjusted for liquidity).

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Ringway Handling Limited Overview

Ringway Handling Limited is a live company located in manchester, M60 2LA with a Companies House number of 03602934. It operates in the cargo handling for air transport activities sector, SIC Code 52242. Founded in July 1998, it's largest shareholder is ringway handling services ltd with a 100% stake. Ringway Handling Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Ringway Handling Limited Health Check

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0 Regular

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Size

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Growth

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Production

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Profitability

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Employees

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Pay Structure

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Efficiency

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Debtor Days

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Creditor Days

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Stock Days

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Cash Balance

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Debt Level

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RINGWAY HANDLING LIMITED financials

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Ringway Handling Limited's latest turnover from March 2024 is estimated at 0 and the company has net assets of £1. According to their latest financial statements, we estimate that Ringway Handling Limited has no employees and maintains cash reserves of 0 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
Turnover462,100,0007,00032,00041,000485,000528,000415,000
Other Income Or Grants
Cost Of Sales392,985,0846,00828,71037,406438,991472,752377,946
Gross Profit69,114,9169923,2903,59546,00955,24837,054
Admin Expenses-555,798,684199,414,9169923,2903,59546,00955,24837,054
Operating Profit555,798,684-130,300,000
Interest Payable154,206,125181,300,000
Interest Receivable10,382,750
Pre-Tax Profit411,975,309-288,600,000
Tax-78,275,309-31,000,000
Profit After Tax333,700,000-319,600,000
Dividends Paid
Retained Profit333,700,000-319,600,000
Employee Costs164,700,0007,00032,00041,000485,000528,000415,000
Number Of Employees4,296122262733
EBITDA*555,798,68498,100,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets3,569,800,000
Intangible Assets296,200,000
Investments & Other233,300,000
Debtors (Due After 1 year)
Total Fixed Assets4,099,300,000
Stock & work in progress4,000,000
Trade Debtors47,500,000
Group Debtors1115,000
Misc Debtors38,800,000
Cash488,600,000
misc current assets2,100,000
total current assets11581,000,00015,000
total assets114,680,300,00015,000
Bank overdraft25,700,000
Bank loan
Trade Creditors 189,400,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities64,200,00015,000
total current liabilities279,300,00015,000
loans2,983,200,000
hp & lease commitments426,000,000
Accruals and Deferred Income
other liabilities26,500,000
provisions240,400,000
total long term liabilities3,676,100,000
total liabilities3,955,400,00015,000
net assets11724,900,000
total shareholders funds11724,900,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit555,798,684-130,300,000
Depreciation209,500,000
Amortisation18,900,000
Tax-78,275,309-31,000,000
Stock-4,000,0004,000,000
Debtors-86,299,99986,300,000-15,00015,000
Creditors-189,400,000189,400,000
Accruals and Deferred Income-64,200,00064,200,000-15,00015,000
Deferred Taxes & Provisions-240,400,000240,400,000
Cash flow from operations73,823,374470,800,000
Investing Activities
capital expenditure3,866,000,000
Change in Investments-233,300,000233,300,000
cash flow from investments4,099,300,000-233,300,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-2,983,200,0002,983,200,000
Hire Purchase and Lease Commitments-426,000,000426,000,000
other long term liabilities-26,500,00026,500,000
share issue-1,058,599,9991,044,500,000
interest-143,823,375-181,300,000
cash flow from financing-4,638,123,3744,298,900,000
cash and cash equivalents
cash-488,600,000488,600,000
overdraft-25,700,00025,700,000
change in cash-462,900,000462,900,000

ringway handling 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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Ringway Handling Limited Competitor Analysis

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Perform a competitor analysis for ringway handling limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mature companies, companies in M60 area or any other competitors across 12 key performance metrics.

ringway handling limited Ownership

RINGWAY HANDLING LIMITED group structure

Ringway Handling Limited has no subsidiary companies.

Ultimate parent company

2 parents

RINGWAY HANDLING LIMITED

03602934

RINGWAY HANDLING LIMITED Shareholders

ringway handling services ltd 100%

ringway handling limited directors

Ringway Handling Limited currently has 2 directors. The longest serving directors include Mr John O'Toole (Jan 2012) and Mrs Janine Bramall (Nov 2020).

officercountryagestartendrole
Mr John O'TooleEngland50 years Jan 2012- Director
Mrs Janine Bramall52 years Nov 2020- Director

P&L

March 2024

turnover

0

0%

operating profit

0

0%

gross margin

0%

0%

turnover

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

Balance Sheet

March 2024

net assets

1

0%

total assets

1

0%

cash

0

0%

net assets

Total assets minus all liabilities

ringway handling limited company details

company number

03602934

Type

Private limited with Share Capital

industry

52242 - Cargo handling for air transport activities of division 51

incorporation date

July 1998

age

27

incorporated

UK

accounts

Dormant

last accounts submitted

March 2024

previous names

copychain limited (November 1998)

accountant

-

auditor

-

address

level 5 town hall extension, albert square, manchester, M60 2LA

Bank

-

Legal Advisor

-

ringway handling 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 ringway handling limited. Currently there are 0 open charges and 1 have been satisfied in the past.

ringway handling 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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ringway handling limited Companies House Filings - See Documents

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