resources connection (uk) limited
resources connection (uk) limited Company Information
Company Number
04228038
Website
http://rgp.comRegistered Address
c/o corporation service company, 5 churchill place, 10th floor, london, E14 5HU
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
02074227780
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
resources connection inc. 100%
resources connection (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of RESOURCES CONNECTION (UK) LIMITED at £12.7m based on a Turnover of £19.8m and 0.64x industry multiple (adjusted for size and gross margin).
resources connection (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of RESOURCES CONNECTION (UK) LIMITED at £973.4k based on an EBITDA of £186.7k and a 5.21x industry multiple (adjusted for size and gross margin).
resources connection (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of RESOURCES CONNECTION (UK) LIMITED at £4.4m based on Net Assets of £2m and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Resources Connection (uk) Limited Overview
Resources Connection (uk) Limited is a live company located in london, E14 5HU with a Companies House number of 04228038. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in June 2001, it's largest shareholder is resources connection inc. with a 100% stake. Resources Connection (uk) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19.8m with healthy growth in recent years.
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Resources Connection (uk) Limited Health Check
Pomanda's financial health check has awarded Resources Connection (Uk) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £19.8m, make it larger than the average company (£1.8m)
£19.8m - Resources Connection (uk) Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5.9%)
9% - Resources Connection (uk) Limited
5.9% - Industry AVG
Production
with a gross margin of 32.7%, this company has a higher cost of product (44.9%)
32.7% - Resources Connection (uk) Limited
44.9% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (6.1%)
0.9% - Resources Connection (uk) Limited
6.1% - Industry AVG
Employees
with 39 employees, this is above the industry average (16)
39 - Resources Connection (uk) Limited
16 - Industry AVG
Pay Structure
on an average salary of £105.8k, the company has a higher pay structure (£49.5k)
£105.8k - Resources Connection (uk) Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £508.5k, this is more efficient (£117.8k)
£508.5k - Resources Connection (uk) Limited
£117.8k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (56 days)
90 days - Resources Connection (uk) Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (32 days)
4 days - Resources Connection (uk) Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Resources Connection (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is average cash available to meet short term requirements (28 weeks)
26 weeks - Resources Connection (uk) Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.3%, this is a higher level of debt than the average (52.7%)
80.3% - Resources Connection (uk) Limited
52.7% - Industry AVG
RESOURCES CONNECTION (UK) LIMITED financials
Resources Connection (Uk) Limited's latest turnover from May 2023 is £19.8 million and the company has net assets of £2 million. According to their latest financial statements, Resources Connection (Uk) Limited has 39 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 19,831,803 | 20,752,521 | 14,768,371 | 15,457,018 | 14,858,966 | 14,227,205 | 8,997,002 | 7,236,866 | 7,208,585 | 6,602,129 | 5,354,055 | 7,650,310 | 6,902,766 | 7,433,153 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 13,342,603 | 13,773,789 | 9,881,848 | 10,235,484 | 9,767,723 | 9,290,144 | 5,856,322 | 4,607,073 | 4,409,373 | 4,010,158 | 3,255,507 | 4,776,186 | 4,370,606 | 4,607,530 |
| Gross Profit | 6,489,200 | 6,978,732 | 4,886,523 | 5,221,534 | 5,091,243 | 4,937,061 | 3,140,680 | 2,629,793 | 2,799,212 | 2,591,971 | 2,098,548 | 2,874,124 | 2,532,160 | 2,825,623 |
| Admin Expenses | 6,312,587 | 5,973,992 | 5,569,266 | 5,749,922 | 5,554,513 | 4,718,623 | 4,278,599 | 3,860,244 | 3,307,110 | 2,529,792 | 2,874,406 | 3,084,601 | 3,598,761 | 4,430,260 |
| Operating Profit | 176,613 | 1,004,740 | -682,743 | -528,388 | -463,270 | 218,438 | -1,137,919 | -1,230,451 | -507,898 | 62,179 | -775,858 | -210,477 | -1,066,601 | -1,604,637 |
| Interest Payable | 114,110 | 103,562 | 102,021 | 115,656 | 115,224 | 88,310 | 64,144 | 38,444 | 36,799 | 31,740 | 8,868 | 99,030 | 91,529 | 91,228 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 1,524 | 0 | 0 | 0 | 0 | 103,568 | 107,468 | 98,025 |
| Pre-Tax Profit | 62,503 | 901,178 | -784,764 | -644,044 | -578,494 | 130,128 | -1,200,539 | -1,268,895 | -544,697 | 30,439 | -784,726 | -205,939 | -1,050,662 | -1,597,840 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -157,414 | 300,310 | -217,366 |
| Profit After Tax | 62,503 | 901,178 | -784,764 | -644,044 | -578,494 | 130,128 | -1,200,539 | -1,268,895 | -544,697 | 30,439 | -784,726 | -363,353 | -750,352 | -1,815,206 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 700,000 |
| Retained Profit | 62,503 | 901,178 | -784,764 | -644,044 | -578,494 | 130,128 | -1,200,539 | -1,268,895 | -544,697 | 30,439 | -784,726 | -363,353 | -750,352 | -2,515,206 |
| Employee Costs | 4,125,826 | 3,691,219 | 4,751,724 | 4,918,633 | 4,206,713 | 3,821,868 | 2,174,298 | 1,999,974 | 3,353,249 | 3,518,510 | 4,334,632 | |||
| Number Of Employees | 39 | 27 | 35 | 39 | 37 | 34 | 30 | 33 | 28 | 28 | 34 | 42 | 59 | |
| EBITDA* | 186,680 | 1,038,734 | -646,526 | -487,752 | -427,411 | 256,750 | -1,099,000 | -1,192,143 | -471,883 | 101,876 | -674,027 | -46,516 | -882,241 | -1,164,410 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,788 | 25,751 | 48,402 | 83,298 | 107,043 | 133,554 | 161,049 | 189,901 | 221,327 | 237,456 | 265,614 | 95,789 | 255,955 | 416,546 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 36,993 | 30,726 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 453,944 | 1,928,286 | 1,928,286 | 1,928,286 |
| Total Fixed Assets | 53,781 | 56,477 | 48,402 | 83,298 | 107,043 | 133,554 | 161,049 | 189,901 | 221,327 | 237,456 | 719,558 | 2,024,075 | 2,184,241 | 2,344,832 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,944,192 | 7,311,493 | 7,544,844 | 6,806,332 | 3,017,326 | 2,323,750 | 1,665,657 | 1,492,481 | 1,456,747 | 1,218,780 | 684,114 | 815,980 | 1,287,600 | 953,051 |
| Group Debtors | 282,755 | 288,195 | 67,828 | 226,810 | 275,597 | 355,355 | 387,132 | 486,550 | 552,466 | 435,013 | 191,909 | 81,984 | 96,999 | 250,989 |
| Misc Debtors | 2,826,694 | 2,198,749 | 1,950,419 | 615,850 | 1,732,721 | 2,097,787 | 830,176 | 618,071 | 97,597 | 352,944 | 437,724 | 394,278 | 729,853 | 571,387 |
| Cash | 1,822,995 | 1,405,044 | 285,220 | 1,988,159 | 1,191,268 | 1,155,513 | 1,069,321 | 654,826 | 597,168 | 219,129 | 705,101 | 663,520 | 500,881 | 903,266 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,876,636 | 11,203,481 | 9,848,311 | 9,637,151 | 6,216,912 | 5,932,405 | 3,952,286 | 3,251,928 | 2,703,978 | 2,225,866 | 2,018,848 | 1,955,762 | 2,615,333 | 2,678,693 |
| total assets | 9,930,417 | 11,259,958 | 9,896,713 | 9,720,449 | 6,323,955 | 6,065,959 | 4,113,335 | 3,441,829 | 2,925,305 | 2,463,322 | 2,738,406 | 3,979,837 | 4,799,574 | 5,023,525 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 155,958 | 336,298 | 220,155 | 64,735 | 138,930 | 638,532 | 636,407 | 253,571 | 92,133 | 164,430 | 134,277 | 104,091 | 117,848 | 104,158 |
| Group/Directors Accounts | 1,067,720 | 1,926,520 | 2,094,213 | 1,335,642 | 457,641 | 174,384 | 111,608 | 174,239 | 89,082 | 241,440 | 136,038 | 434,402 | 663,106 | 443,063 |
| other short term finances | 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 |
| other current liabilities | 2,399,511 | 2,945,913 | 2,994,351 | 2,469,913 | 2,824,105 | 1,588,680 | 1,257,686 | 1,206,291 | 1,410,414 | 845,859 | 731,536 | 953,362 | 1,064,674 | 866,239 |
| total current liabilities | 3,623,189 | 5,208,731 | 5,308,719 | 3,870,290 | 3,420,676 | 2,401,596 | 2,005,701 | 1,634,101 | 1,591,629 | 1,251,729 | 1,001,851 | 1,491,855 | 1,845,628 | 1,413,460 |
| loans | 4,354,787 | 4,260,099 | 3,789,295 | 4,353,711 | 4,231,101 | 4,532,751 | 3,172,812 | 1,740,758 | 1,830,276 | 1,194,620 | 1,777,944 | 1,777,944 | 1,922,465 | 1,887,391 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,354,787 | 4,260,099 | 3,789,295 | 4,353,711 | 4,231,101 | 4,532,751 | 3,172,812 | 1,740,758 | 1,830,276 | 1,194,620 | 1,777,944 | 1,777,944 | 1,922,465 | 1,887,391 |
| total liabilities | 7,977,976 | 9,468,830 | 9,098,014 | 8,224,001 | 7,651,777 | 6,934,347 | 5,178,513 | 3,374,859 | 3,421,905 | 2,446,349 | 2,779,795 | 3,269,799 | 3,768,093 | 3,300,851 |
| net assets | 1,952,441 | 1,791,128 | 798,699 | 1,496,448 | -1,327,822 | -868,388 | -1,065,178 | 66,970 | -496,600 | 16,973 | -41,389 | 710,038 | 1,031,481 | 1,722,674 |
| total shareholders funds | 1,952,441 | 1,791,128 | 798,699 | 1,496,448 | -1,327,822 | -868,388 | -1,065,178 | 66,970 | -496,600 | 16,973 | -41,389 | 710,038 | 1,031,481 | 1,722,674 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 176,613 | 1,004,740 | -682,743 | -528,388 | -463,270 | 218,438 | -1,137,919 | -1,230,451 | -507,898 | 62,179 | -775,858 | -210,477 | -1,066,601 | -1,604,637 |
| Depreciation | 10,067 | 33,994 | 36,217 | 40,636 | 35,859 | 38,312 | 38,919 | 38,308 | 36,015 | 39,697 | 101,831 | 163,961 | 184,360 | 141,859 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 298,368 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -157,414 | 300,310 | -217,366 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,738,529 | 266,072 | 1,914,099 | 2,623,348 | 248,752 | 1,893,927 | 285,863 | 490,292 | 100,073 | 239,046 | -1,452,837 | -822,210 | 339,025 | 3,703,713 |
| Creditors | -180,340 | 116,143 | 155,420 | -74,195 | -499,602 | 2,125 | 382,836 | 161,438 | -72,297 | 30,153 | 30,186 | -13,757 | 13,690 | 104,158 |
| Accruals and Deferred Income | -546,402 | -48,438 | 524,438 | -354,192 | 1,235,425 | 330,994 | 51,395 | -204,123 | 564,555 | 114,323 | -221,826 | -111,312 | 198,435 | 866,239 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,198,467 | 840,367 | -1,880,767 | -3,539,487 | 59,660 | -1,304,058 | -950,632 | -1,725,120 | -79,698 | 7,306 | 587,170 | 493,211 | -708,831 | -4,115,092 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | -858,800 | -167,693 | 758,571 | 878,001 | 283,257 | 62,776 | -62,631 | 85,157 | -152,358 | 105,402 | -298,364 | -228,704 | 220,043 | 443,063 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 94,688 | 470,804 | -564,416 | 122,610 | -301,650 | 1,359,939 | 1,432,054 | -89,518 | 635,656 | -583,324 | 0 | -144,521 | 35,074 | 1,887,391 |
| Hire Purchase and Lease Commitments | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -114,110 | -103,562 | -102,021 | -115,656 | -115,224 | -88,310 | -62,620 | -38,444 | -36,799 | -31,740 | -8,868 | 4,538 | 15,939 | 6,797 |
| cash flow from financing | -779,412 | 290,800 | 179,149 | 4,353,269 | -14,557 | 1,401,067 | 1,375,194 | 1,789,660 | 477,623 | -481,739 | -273,933 | -326,777 | 330,215 | 6,575,131 |
| cash and cash equivalents | ||||||||||||||
| cash | 417,951 | 1,119,824 | -1,702,939 | 796,891 | 35,755 | 86,192 | 414,495 | 57,658 | 378,039 | -485,972 | 41,581 | 162,639 | -402,385 | 903,266 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 417,951 | 1,119,824 | -1,702,939 | 796,891 | 35,755 | 86,192 | 414,495 | 57,658 | 378,039 | -485,972 | 41,581 | 162,639 | -402,385 | 903,266 |
resources connection (uk) limited Credit Report and Business Information
Resources Connection (uk) Limited Competitor Analysis
Perform a competitor analysis for resources connection (uk) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in E14 area or any other competitors across 12 key performance metrics.
resources connection (uk) limited Ownership
RESOURCES CONNECTION (UK) LIMITED group structure
Resources Connection (Uk) Limited has no subsidiary companies.
Ultimate parent company
RESOURCES CONNECTION INC
#0043437
1 parent
RESOURCES CONNECTION (UK) LIMITED
04228038
resources connection (uk) limited directors
Resources Connection (Uk) Limited currently has 2 directors. The longest serving directors include Ms Jennifer Ryu (Sep 2019) and Venkataraman Iyer (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Jennifer Ryu | United Kingdom | 49 years | Sep 2019 | - | Director |
| Venkataraman Iyer | United Kingdom | 49 years | Dec 2020 | - | Director |
P&L
May 2023turnover
19.8m
-4%
operating profit
176.6k
-82%
gross margin
32.8%
-2.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
2m
+0.09%
total assets
9.9m
-0.12%
cash
1.8m
+0.3%
net assets
Total assets minus all liabilities
resources connection (uk) limited company details
company number
04228038
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
June 2001
age
23
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2023
previous names
templeco 533 limited (June 2001)
accountant
-
auditor
RSM UK AUDIT LLP
address
c/o corporation service company, 5 churchill place, 10th floor, london, E14 5HU
Bank
BANK OF AMERICA
Legal Advisor
-
resources connection (uk) 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 resources connection (uk) limited. Currently there are 0 open charges and 1 have been satisfied in the past.
resources connection (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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