rhino developments limited

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rhino developments limited Company Information

Share RHINO DEVELOPMENTS LIMITED
Live 
MatureMicroDeclining

Company Number

04398448

Registered Address

30-34 north street, hailsham, east sussex, BN27 1DW

Industry

Buying and selling of own real estate

 

Telephone

-

Next Accounts Due

January 2026

Group Structure

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Directors

Greg Hinson22 Years

Shareholders

rhino marketing ltd 100%

rhino developments limited Estimated Valuation

£38k

Pomanda estimates the enterprise value of RHINO DEVELOPMENTS LIMITED at £38k based on a Turnover of £21.8k and 1.74x industry multiple (adjusted for size and gross margin).

rhino developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RHINO DEVELOPMENTS LIMITED at £0 based on an EBITDA of £0 and a 4.57x industry multiple (adjusted for size and gross margin).

rhino developments limited Estimated Valuation

£52.2k

Pomanda estimates the enterprise value of RHINO DEVELOPMENTS LIMITED at £52.2k based on Net Assets of £35.8k and 1.46x industry multiple (adjusted for liquidity).

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Rhino Developments Limited Overview

Rhino Developments Limited is a live company located in east sussex, BN27 1DW with a Companies House number of 04398448. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2002, it's largest shareholder is rhino marketing ltd with a 100% stake. Rhino Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £21.8k with declining growth in recent years.

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Rhino Developments Limited Health Check

Pomanda's financial health check has awarded Rhino Developments Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £21.8k, make it smaller than the average company (£823.3k)

£21.8k - Rhino Developments Limited

£823.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (3.1%)

-6% - Rhino Developments Limited

3.1% - Industry AVG

production

Production

with a gross margin of 35.4%, this company has a higher cost of product (75.6%)

35.4% - Rhino Developments Limited

75.6% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Rhino Developments Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Rhino Developments Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)

£40.3k - Rhino Developments Limited

£40.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £21.8k, this is less efficient (£177.8k)

£21.8k - Rhino Developments Limited

£177.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Rhino Developments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Rhino Developments Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 18510 days, this is more than average (474 days)

18510 days - Rhino Developments Limited

474 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rhino Developments Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95%, this is a higher level of debt than the average (60.3%)

95% - Rhino Developments Limited

60.3% - Industry AVG

RHINO DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Rhino Developments Limited's latest turnover from April 2024 is estimated at £21.8 thousand and the company has net assets of £35.8 thousand. According to their latest financial statements, we estimate that Rhino Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover21,83835,13731,20125,97026,26923,76131,69626,61818,859286,111355,064296,008311,203480,504509,291
Other Income Or Grants000000000000000
Cost Of Sales14,11125,79522,46919,76220,70017,81623,78120,47414,022220,124284,054235,256250,094392,142422,210
Gross Profit7,7279,3428,7316,2085,5695,9467,9156,1444,83765,98771,01060,75361,10988,36287,080
Admin Expenses7,7279,3428,7317,0486,4096,91510,6751,376-3,21062,13061,94046,31650,57881,54690,671
Operating Profit000-840-840-969-2,7604,7688,0473,8579,07014,43710,5316,816-3,591
Interest Payable000000000000000
Interest Receivable0000046418177762721
Pre-Tax Profit000-840-840-965-2,7544,7728,0653,8749,07714,44410,5376,843-3,570
Tax0000000-907-1,613-775-1,906-3,322-2,529-1,7790
Profit After Tax000-840-840-965-2,7543,8656,4523,0997,17111,1228,0085,064-3,570
Dividends Paid000000000000000
Retained Profit000-840-840-965-2,7543,8656,4523,0997,17111,1228,0085,064-3,570
Employee Costs40,31836,98636,41235,87140,37938,82537,07535,73938,59435,03336,67535,03933,47834,04833,139
Number Of Employees111111111111111
EBITDA*000-840-840-969-2,7604,7688,0473,8579,07014,43710,531428,674418,267

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets00000000421,858421,858421,858421,858421,858421,858421,858
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets00000000421,858421,858421,858421,858421,858421,858421,858
Stock & work in progress715,605715,605715,605715,605715,605715,605715,605715,605656,758656,758656,758656,758656,758656,758656,035
Trade Debtors0000000002328033,37727900
Group Debtors000000000000000
Misc Debtors00000193002,356000000
Cash000006942922,2776476,528922,7092872,1688,597
misc current assets000000000000000
total current assets715,605715,605715,605715,605715,605716,492715,897717,882659,761663,518657,653662,844657,324658,926664,632
total assets715,605715,605715,605715,605715,605716,492715,897717,8821,081,6191,085,3761,079,5111,084,7021,079,1821,080,7841,086,490
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 0000000001,054,4811,051,7151,064,0771,069,6791,079,2891,090,059
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities679,792679,792679,792679,792678,952678,999677,439676,6701,044,272000000
total current liabilities679,792679,792679,792679,792678,952678,999677,439676,6701,044,2721,054,4811,051,7151,064,0771,069,6791,079,2891,090,059
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities679,792679,792679,792679,792678,952678,999677,439676,6701,044,2721,054,4811,051,7151,064,0771,069,6791,079,2891,090,059
net assets35,81335,81335,81335,81336,65337,49338,45841,21237,34730,89527,79620,6259,5031,495-3,569
total shareholders funds35,81335,81335,81335,81336,65337,49338,45841,21237,34730,89527,79620,6259,5031,495-3,569
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit000-840-840-969-2,7604,7688,0473,8579,07014,43710,5316,816-3,591
Depreciation0000000000000421,858421,858
Amortisation000000000000000
Tax0000000-907-1,613-775-1,906-3,322-2,529-1,7790
Stock000000058,84700000723656,035
Debtors0000-1931930-2,3562,124-571-2,5743,09827900
Creditors00000000-1,054,4812,766-12,362-5,602-9,610-10,7701,090,059
Accruals and Deferred Income000840-471,560769-367,6021,044,272000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations0000-694398-1,991-420,232-5,8996,419-2,6242,415-1,887415,402852,291
Investing Activities
capital expenditure0000000421,85800000-421,858-843,716
Change in Investments000000000000000
cash flow from investments0000000421,85800000-421,858-843,716
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000001
interest0000046418177762721
cash flow from financing0000046418177762722
cash and cash equivalents
cash0000-694402-1,9851,630-5,8816,436-2,6172,422-1,881-6,4298,597
overdraft000000000000000
change in cash0000-694402-1,9851,630-5,8816,436-2,6172,422-1,881-6,4298,597

rhino developments 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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Rhino Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rhino developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BN27 area or any other competitors across 12 key performance metrics.

rhino developments limited Ownership

RHINO DEVELOPMENTS LIMITED group structure

Rhino Developments Limited has no subsidiary companies.

Ultimate parent company

1 parent

RHINO DEVELOPMENTS LIMITED

04398448

RHINO DEVELOPMENTS LIMITED Shareholders

rhino marketing ltd 100%

rhino developments limited directors

Rhino Developments Limited currently has 1 director, Mr Greg Hinson serving since Mar 2002.

officercountryagestartendrole
Mr Greg Hinson70 years Mar 2002- Director

P&L

April 2024

turnover

21.8k

-38%

operating profit

0

0%

gross margin

35.4%

+33.08%

turnover

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

Balance Sheet

April 2024

net assets

35.8k

0%

total assets

715.6k

0%

cash

0

0%

net assets

Total assets minus all liabilities

rhino developments limited company details

company number

04398448

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

March 2002

age

22

incorporated

UK

ultimate parent company

accounts

Dormant

last accounts submitted

April 2024

previous names

utility support limited (November 2003)

accountant

WATSON ASSOCIATES (PROFESSIONAL SERVICES) LIMITED

auditor

-

address

30-34 north street, hailsham, east sussex, BN27 1DW

Bank

-

Legal Advisor

-

rhino developments 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 rhino developments limited.

charges

rhino developments limited Companies House Filings - See Documents

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