rm accountants limited
rm accountants limited Company Information
Company Number
03791208
Next Accounts
Dec 2025
Shareholders
rashed mustafa
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
1 slowmans close, park st., st. albans, hertfordshire, AL2 2DJ
Website
www.rm-finance.co.ukrm accountants limited Estimated Valuation
Pomanda estimates the enterprise value of RM ACCOUNTANTS LIMITED at £1.6k based on a Turnover of £2.1k and 0.77x industry multiple (adjusted for size and gross margin).
rm accountants limited Estimated Valuation
Pomanda estimates the enterprise value of RM ACCOUNTANTS LIMITED at £0 based on an EBITDA of £-808 and a 4.95x industry multiple (adjusted for size and gross margin).
rm accountants limited Estimated Valuation
Pomanda estimates the enterprise value of RM ACCOUNTANTS LIMITED at £0 based on Net Assets of £-10.9k and 3.02x industry multiple (adjusted for liquidity).
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Rm Accountants Limited Overview
Rm Accountants Limited is a live company located in st. albans, AL2 2DJ with a Companies House number of 03791208. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 1999, it's largest shareholder is rashed mustafa with a 100% stake. Rm Accountants Limited is a mature, micro sized company, Pomanda has estimated its turnover at £2.1k with rapid growth in recent years.
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Rm Accountants Limited Health Check
Pomanda's financial health check has awarded Rm Accountants Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £2.1k, make it smaller than the average company (£181.4k)
- Rm Accountants Limited
£181.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 56%, show it is growing at a faster rate (8.3%)
- Rm Accountants Limited
8.3% - Industry AVG
Production
with a gross margin of 50.7%, this company has a higher cost of product (93.5%)
- Rm Accountants Limited
93.5% - Industry AVG
Profitability
an operating margin of -37.7% make it less profitable than the average company (10.7%)
- Rm Accountants Limited
10.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Rm Accountants Limited
3 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Rm Accountants Limited
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £2.1k, this is less efficient (£76.4k)
- Rm Accountants Limited
£76.4k - Industry AVG
Debtor Days
it gets paid by customers after 159 days, this is later than average (78 days)
- Rm Accountants Limited
78 days - Industry AVG
Creditor Days
its suppliers are paid after 4092 days, this is slower than average (21 days)
- Rm Accountants Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rm Accountants Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rm Accountants Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1262.1%, this is a higher level of debt than the average (50.8%)
1262.1% - Rm Accountants Limited
50.8% - Industry AVG
RM ACCOUNTANTS LIMITED financials
Rm Accountants Limited's latest turnover from March 2024 is estimated at £2.1 thousand and the company has net assets of -£10.9 thousand. According to their latest financial statements, we estimate that Rm Accountants Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 750 | 1,500 | 3,900 | 1,000 | 200 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 1 | ||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -1,889 | -1,166 | -1,784 | 1,019 | -856 | -4,437 | -37 | ||||||||
| Tax | |||||||||||||||
| Profit After Tax | -1,889 | -1,166 | -1,784 | 1,019 | -856 | -4,437 | -37 | ||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -1,889 | -1,166 | -1,784 | 1,019 | -856 | -4,437 | -37 | ||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 63 | 214 | 389 | 308 | 593 | ||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 63 | 214 | 389 | 308 | 593 | ||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 938 | 724 | 98 | 91 | 97 | 76 | 593 | 1,148 | 502 | 740 | 514 | ||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 73 | ||||||||||||||
| Cash | 2,765 | 2,539 | 7,287 | 821 | 1,150 | 985 | 892 | ||||||||
| misc current assets | 281 | 531 | 518 | 494 | 476 | 654 | |||||||||
| total current assets | 938 | 724 | 98 | 91 | 97 | 357 | 1,124 | 1,666 | 3,267 | 3,033 | 7,763 | 1,561 | 1,664 | 1,712 | 892 |
| total assets | 938 | 724 | 98 | 91 | 97 | 357 | 1,124 | 1,666 | 3,267 | 3,096 | 7,977 | 1,950 | 1,972 | 2,305 | 892 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 11,839 | 10,817 | 9,338 | 8,523 | 7,717 | 6,635 | 5,512 | 4,888 | 4,705 | 5,551 | 6,655 | 7,683 | 6,374 | 318 | |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 5,533 | ||||||||||||||
| total current liabilities | 11,839 | 10,817 | 9,338 | 8,523 | 7,717 | 6,635 | 5,512 | 4,888 | 4,705 | 5,551 | 6,655 | 7,683 | 6,374 | 5,851 | |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 11,839 | 10,817 | 9,338 | 8,523 | 7,717 | 6,635 | 5,512 | 4,888 | 4,705 | 5,551 | 6,655 | 7,683 | 6,374 | 5,851 | |
| net assets | -10,901 | -10,093 | -9,240 | -8,432 | -7,620 | -6,278 | -4,388 | -3,222 | -1,438 | -2,455 | 1,322 | -5,733 | -4,402 | -3,546 | 892 |
| total shareholders funds | -10,901 | -10,093 | -9,240 | -8,432 | -7,620 | -6,278 | -4,388 | -3,222 | -1,438 | -2,455 | 1,322 | -5,733 | -4,402 | -3,546 | 892 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 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 | |||||||||||||||
| Depreciation | 63 | 151 | 175 | 373 | 285 | 261 | |||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 214 | 626 | 7 | -6 | 21 | -517 | -555 | 646 | 502 | -740 | 226 | 441 | 73 | ||
| Creditors | 1,022 | 1,479 | 815 | 806 | 1,082 | 1,123 | 624 | 183 | -846 | -1,104 | -1,028 | 1,309 | 6,056 | 318 | |
| Accruals and Deferred Income | -5,533 | 5,533 | |||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| 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 | -1 | ||||||||||||||
| cash flow from financing | -1 | -2 | -1 | 928 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -2,765 | 226 | -4,748 | 6,466 | -329 | 165 | 93 | 892 | |||||||
| overdraft | |||||||||||||||
| change in cash | -2,765 | 226 | -4,748 | 6,466 | -329 | 165 | 93 | 892 |
rm accountants limited Credit Report and Business Information
Rm Accountants Limited Competitor Analysis
Perform a competitor analysis for rm accountants limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in AL2 area or any other competitors across 12 key performance metrics.
rm accountants limited Ownership
RM ACCOUNTANTS LIMITED group structure
Rm Accountants Limited has no subsidiary companies.
Ultimate parent company
RM ACCOUNTANTS LIMITED
03791208
rm accountants limited directors
Rm Accountants Limited currently has 2 directors. The longest serving directors include Mr Rashed Mustafa (Jun 1999) and Leander Mustafa (Jun 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rashed Mustafa | United Kingdom | 61 years | Jun 1999 | - | Director |
| Leander Mustafa | 52 years | Jun 2002 | - | Director |
P&L
March 2024turnover
2.1k
+16%
operating profit
-808
0%
gross margin
50.7%
-0.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-10.9k
+0.08%
total assets
938
+0.3%
cash
0
0%
net assets
Total assets minus all liabilities
rm accountants limited company details
company number
03791208
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
June 1999
age
26
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
rm management consultants ltd (June 2010)
accountant
-
auditor
-
address
1 slowmans close, park st., st. albans, hertfordshire, AL2 2DJ
Bank
-
Legal Advisor
-
rm accountants 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 did not find charges/mortgages relating to rm accountants limited.
rm accountants 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.
Click to start generating capital raising & share issue transactions for RM ACCOUNTANTS LIMITED. This can take several minutes, an email will notify you when this has completed.
rm accountants limited Companies House Filings - See Documents
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