raw2k limited
raw2k limited Company Information
Company Number
04304063
Next Accounts
Nov 2024
Industry
Sale of used cars and light motor vehicles
Shareholders
kyvsai limited
Group Structure
View All
Contact
Registered Address
grove house 1st floor, 55 lowlands road, harrow, HA1 3AW
raw2k limited Estimated Valuation
Pomanda estimates the enterprise value of RAW2K LIMITED at £409.2k based on a Turnover of £1.8m and 0.23x industry multiple (adjusted for size and gross margin).
raw2k limited Estimated Valuation
Pomanda estimates the enterprise value of RAW2K LIMITED at £0 based on an EBITDA of £-6.1m and a 3.67x industry multiple (adjusted for size and gross margin).
raw2k limited Estimated Valuation
Pomanda estimates the enterprise value of RAW2K LIMITED at £0 based on Net Assets of £-2.3m and 3.22x industry multiple (adjusted for liquidity).
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Raw2k Limited Overview
Raw2k Limited is a live company located in harrow, HA1 3AW with a Companies House number of 04304063. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in October 2001, it's largest shareholder is kyvsai limited with a 100% stake. Raw2k Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with healthy growth in recent years.
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Raw2k Limited Health Check
Pomanda's financial health check has awarded Raw2K 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
2 Regular
7 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£2.4m)
£1.8m - Raw2k Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (7.8%)
4% - Raw2k Limited
7.8% - Industry AVG
Production
with a gross margin of 11.7%, this company has a comparable cost of product (11.7%)
11.7% - Raw2k Limited
11.7% - Industry AVG
Profitability
an operating margin of -338.2% make it less profitable than the average company (3.1%)
-338.2% - Raw2k Limited
3.1% - Industry AVG
Employees
with 10 employees, this is above the industry average (6)
10 - Raw2k Limited
6 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Raw2k Limited
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £179.3k, this is less efficient (£434.7k)
£179.3k - Raw2k Limited
£434.7k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (10 days)
56 days - Raw2k Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 447 days, this is slower than average (14 days)
447 days - Raw2k Limited
14 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Raw2k Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (9 weeks)
3 weeks - Raw2k Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 365%, this is a higher level of debt than the average (70.3%)
365% - Raw2k Limited
70.3% - Industry AVG
RAW2K LIMITED financials
Raw2K Limited's latest turnover from February 2023 is £1.8 million and the company has net assets of -£2.3 million. According to their latest financial statements, Raw2K Limited has 10 employees and maintains cash reserves of £226.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,793,019 | 1,498,000 | 1,330,000 | 1,586,000 | 1,532,000 | 687,000 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 0 | 0 | 0 | 5,000 | 0 | ||||||||
| Gross Profit | 1,498,000 | 1,330,000 | 1,586,000 | 1,527,000 | 687,000 | ||||||||
| Admin Expenses | 661,000 | 419,000 | 741,000 | 757,000 | 335,000 | ||||||||
| Operating Profit | 837,000 | 911,000 | 845,000 | 770,000 | 352,000 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Pre-Tax Profit | -5,861,686 | 837,000 | 911,000 | 845,000 | 770,000 | 352,000 | |||||||
| Tax | -192,871 | 0 | -2,000 | 53,000 | -51,000 | -70,000 | |||||||
| Profit After Tax | -6,054,557 | 837,000 | 909,000 | 898,000 | 719,000 | 282,000 | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 64,000 | |||||||
| Retained Profit | -6,054,557 | 837,000 | 909,000 | 898,000 | 719,000 | 218,000 | |||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 10 | 10 | 12 | 13 | 15 | 17 | 16 | ||||||
| EBITDA* | 837,000 | 911,000 | 845,000 | 777,000 | 2,426,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 4,000 | 4,982 | 4,165 | 391 | 910 | 785 | 1,522 | 1,633 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 480 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 480 | 0 | 0 | 0 | 0 | 4,000 | 4,982 | 4,165 | 391 | 910 | 785 | 1,522 | 1,633 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 275,423 | 251,000 | 337,000 | 223,000 | 496,000 | 426,000 | 164,872 | 117,859 | 133,230 | 90,365 | 59,082 | 33,375 | 73,890 |
| Group Debtors | 310,000 | 5,133,000 | 4,515,000 | 2,396,000 | 1,047,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 42,070 | 38,000 | 8,000 | 102,000 | 23,000 | 5,000 | 3,027 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 226,543 | 275,000 | 398,000 | 117,000 | 232,000 | 740,000 | 224,439 | 175,204 | 199,711 | 176,726 | 114,325 | 129,108 | 114,271 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 854,036 | 5,697,000 | 5,258,000 | 2,838,000 | 1,798,000 | 1,171,000 | 392,338 | 293,063 | 332,941 | 267,091 | 173,407 | 162,483 | 188,161 |
| total assets | 854,516 | 5,697,000 | 5,258,000 | 2,838,000 | 1,798,000 | 1,175,000 | 397,320 | 297,228 | 333,332 | 268,001 | 174,192 | 164,005 | 189,794 |
| Bank overdraft | 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 |
| Trade Creditors | 1,942,829 | 1,761,000 | 2,085,000 | 636,000 | 522,000 | 748,000 | 139,669 | 120,600 | 247,375 | 212,983 | 169,387 | 119,237 | 115,574 |
| Group/Directors Accounts | 215,000 | 0 | 0 | 0 | 0 | 0 | 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 961,308 | 146,000 | 220,000 | 158,000 | 130,000 | 0 | 48,138 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,119,137 | 1,907,000 | 2,305,000 | 794,000 | 652,000 | 748,000 | 187,813 | 120,600 | 247,375 | 212,983 | 169,387 | 119,237 | 115,574 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,119,137 | 1,907,000 | 2,305,000 | 794,000 | 652,000 | 748,000 | 187,813 | 120,600 | 247,375 | 212,983 | 169,387 | 119,237 | 115,574 |
| net assets | -2,264,621 | 3,790,000 | 2,953,000 | 2,044,000 | 1,146,000 | 427,000 | 209,507 | 176,628 | 85,957 | 55,018 | 4,805 | 44,768 | 74,220 |
| total shareholders funds | -2,264,621 | 3,790,000 | 2,953,000 | 2,044,000 | 1,146,000 | 427,000 | 209,507 | 176,628 | 85,957 | 55,018 | 4,805 | 44,768 | 74,220 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 837,000 | 911,000 | 845,000 | 770,000 | 352,000 | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 7,000 | 2,074,000 | 1,038 | 519 | 515 | 737 | 1,549 | 2,122 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -192,871 | 0 | -2,000 | 53,000 | -51,000 | -70,000 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,794,507 | 562,000 | 2,139,000 | 2,721,000 | 1,135,000 | 263,101 | 50,040 | -15,371 | 42,865 | 31,283 | 25,707 | -40,515 | 73,890 |
| Creditors | 181,829 | -324,000 | 1,449,000 | 636,000 | -226,000 | 608,331 | 19,069 | -126,775 | 34,392 | 43,596 | 50,150 | 3,663 | 115,574 |
| Accruals and Deferred Income | 815,308 | -74,000 | 62,000 | 158,000 | 130,000 | -48,138 | 48,138 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -123,000 | 281,000 | -1,029,000 | -505,000 | 2,653,092 | ||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 480 | 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 |
| Group/Directors Accounts | 215,000 | 0 | 0 | 0 | 0 | -6 | 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| cash flow from financing | 214,936 | 0 | 0 | 1,146,000 | 0 | -513 | |||||||
| cash and cash equivalents | |||||||||||||
| cash | -48,457 | -123,000 | 281,000 | 117,000 | -508,000 | 515,561 | 49,235 | -24,507 | 22,985 | 62,401 | -14,783 | 14,837 | 114,271 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -48,457 | -123,000 | 281,000 | 117,000 | -508,000 | 515,561 | 49,235 | -24,507 | 22,985 | 62,401 | -14,783 | 14,837 | 114,271 |
raw2k limited Credit Report and Business Information
Raw2k Limited Competitor Analysis
Perform a competitor analysis for raw2k limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HA1 area or any other competitors across 12 key performance metrics.
raw2k limited Ownership
RAW2K LIMITED group structure
Raw2K Limited has no subsidiary companies.
Ultimate parent company
2 parents
RAW2K LIMITED
04304063
raw2k limited directors
Raw2K Limited currently has 2 directors. The longest serving directors include Mr Ashish Chaudhari (Jan 2024) and Mr Sundip Goyal (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ashish Chaudhari | England | 45 years | Jan 2024 | - | Director |
| Mr Sundip Goyal | United Kingdom | 53 years | Jan 2024 | - | Director |
P&L
February 2023turnover
1.8m
+20%
operating profit
-6.1m
0%
gross margin
11.8%
-88.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-2.3m
-1.6%
total assets
854.5k
-0.85%
cash
226.5k
-0.18%
net assets
Total assets minus all liabilities
raw2k limited company details
company number
04304063
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
October 2001
age
23
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
KING & KING
address
grove house 1st floor, 55 lowlands road, harrow, HA1 3AW
Bank
-
Legal Advisor
-
raw2k 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 4 charges/mortgages relating to raw2k limited. Currently there are 2 open charges and 2 have been satisfied in the past.
raw2k limited Companies House Filings - See Documents
| date | description | view/download |
|---|
