R.i.g. (preston) Ltd

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r.i.g. (preston) ltd Company Information

Live

MatureSmallRapid

Company Number

04530891

Website

Registered Address

7 ferry road office park, preston, PR2 2YH

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Nicholas Carter7 Years

Shareholders

anthony roger pedley 50%

christine carter 24%

View All

r.i.g. (preston) ltd Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of R.I.G. (PRESTON) LTD at £1.7m based on a Turnover of £515k and 3.29x industry multiple (adjusted for size and gross margin).

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R.i.g. (preston) Ltd is a live company located in preston, PR2 2YH with a Companies House number of 04530891. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2002, it's largest shareholder is anthony roger pedley with a 50% stake. R.i.g. (preston) Ltd is a mature, small sized company, Pomanda has estimated its turnover at £515k with rapid growth in recent years.

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Pomanda's financial health check has awarded R.I.G. (Preston) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

2 Strong

3 Regular

4 Weak

Size

annual sales of £515k, make it smaller than the average company (£801k)

Growth

3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (1.9%)

EXPORT

R.I.G. (Preston) Ltd's latest turnover from March 2023 is estimated at £515 thousand and the company has net assets of £300.5 thousand. According to their latest financial statements, R.I.G. (Preston) Ltd has 3 employees and maintains cash reserves of £5.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	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	515,047	144,483	132,272	141,773	0	0	0	0	168,408	137,085	129,446	131,027	141,345	160,735
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	130,961	36,774	32,751	36,231	0	0	0	0	55,947	44,165	39,590	40,202	45,284	49,531
Gross Profit	384,086	107,709	99,521	105,542	0	0	0	0	112,461	92,921	89,855	90,825	96,061	111,204
Admin Expenses	357,796	71,322	254,207	80,276	-23,386	-15,300	-16,830	-10,406	131,963	89,182	92,883	65,764	69,443	-41,310
Operating Profit	26,290	36,387	-154,686	25,266	23,386	15,300	16,830	10,406	-19,502	3,739	-3,028	25,061	26,618	152,514
Interest Payable	25,052	17,820	15,383	7,083	67	65	0	0	0	0	0	0	0	0
Interest Receivable	595	161	11	5	29	12	10	45	40	3	22	35	39	26
Pre-Tax Profit	1,833	18,727	-170,058	18,188	23,348	15,248	16,840	10,451	-19,462	3,742	-3,006	25,096	26,657	152,540
Tax	-348	-3,558	0	-3,456	-4,436	-2,897	-3,368	-2,090	0	-861	0	-6,525	-7,464	-42,711
Profit After Tax	1,485	15,169	-170,058	14,732	18,912	12,351	13,472	8,361	-19,462	2,881	-3,006	18,571	19,193	109,829
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	1,485	15,169	-170,058	14,732	18,912	12,351	13,472	8,361	-19,462	2,881	-3,006	18,571	19,193	109,829
Employee Costs	91,127	28,832	26,845	27,393	0	0	0	0	52,000	24,766	23,883	23,868	23,254	48,690
Number Of Employees	3	1	1	1	0	0	0	0	2	1	1	1	1	2
EBITDA*	26,482	36,613	-154,421	25,578	23,753	15,732	17,338	11,004	-18,798	4,567	-2,052	26,207	27,835	153,797

* Earnings Before Interest, Tax, Depreciation and Amortisation

	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	1,088	1,280	1,506	1,771	2,083	2,450	2,882	291,046	291,644	292,348	293,176	294,152	295,006	294,922
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	600,000	600,000	600,000	600,000	600,000	600,000	287,656	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	0
Total Fixed Assets	601,088	601,280	601,506	601,771	602,083	602,450	290,538	291,046	291,644	292,348	293,176	294,152	295,006	294,922
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	0	0	0	0	0	0	0	0	1,473	1,473	1,473	1,473	1,473	2,226
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	29,931	25,504	26,429	148,362	6,177	3,967	16,417	8,595	0	0	0	0	0	0
Cash	5,865	22,129	20,708	1,258	7,751	0	4,991	2,857	15,175	978	44	8,757	5,063	10,532
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	35,796	47,633	47,137	149,620	13,928	3,967	21,408	11,452	16,648	2,451	1,517	10,230	6,536	12,758
total assets	636,884	648,913	648,643	751,391	616,011	606,417	311,946	302,498	308,292	294,799	294,693	304,382	301,542	307,680
Bank overdraft	20,939	20,638	18,065	9,677	0	1,992	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	0	0	0	0	0	0	0	0	180,186	147,231	150,006	156,689	172,420	197,751
Group/Directors Accounts	31,745	31,745	25,063	0	5,900	112,253	147,423	162,923	0	0	0	0	0	0
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	17,334	7,897	13,233	10,880	116,565	17,538	14,584	3,108	0	0	0	0	0	0
total current liabilities	70,018	60,280	56,361	20,557	122,465	131,783	162,007	166,031	180,186	147,231	150,006	156,689	172,420	197,751
loans	211,992	235,244	254,062	222,556	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
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	54,372	54,372	54,372	54,372	54,372	54,372	0	0	0	0	0	0	0	0
total long term liabilities	266,364	289,616	308,434	276,928	54,372	54,372	0	0	0	0	0	0	0	0
total liabilities	336,382	349,896	364,795	297,485	176,837	186,155	162,007	166,031	180,186	147,231	150,006	156,689	172,420	197,751
net assets	300,502	299,017	283,848	453,906	439,174	420,262	149,939	136,467	128,106	147,568	144,687	147,693	129,122	109,929
total shareholders funds	300,502	299,017	283,848	453,906	439,174	420,262	149,939	136,467	128,106	147,568	144,687	147,693	129,122	109,929

	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	26,290	36,387	-154,686	25,266	23,386	15,300	16,830	10,406	-19,502	3,739	-3,028	25,061	26,618	152,514
Depreciation	192	226	265	312	367	432	508	598	704	828	976	1,146	1,217	1,283
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-348	-3,558	0	-3,456	-4,436	-2,897	-3,368	-2,090	0	-861	0	-6,525	-7,464	-42,711
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	4,427	-925	-121,933	142,185	2,210	-12,450	7,822	7,122	0	0	0	0	-753	2,226
Creditors	0	0	0	0	0	0	0	-180,186	32,955	-2,775	-6,683	-15,731	-25,331	197,751
Accruals and Deferred Income	9,437	-5,336	2,353	-105,685	99,027	2,954	11,476	3,108	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	54,372	0	0	0	0	0	0	0	0
Cash flow from operations	31,144	28,644	-30,135	-225,748	116,134	82,611	17,624	-175,286	14,157	931	-8,735	3,951	-4,207	306,611
Investing Activities
capital expenditure	0	0	0	0	0	0	287,656	0	0	0	0	-292	-1,301	-296,205
Change in Investments	0	0	0	0	0	312,344	287,656	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	-312,344	0	0	0	0	0	-292	-1,301	-296,205
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	6,682	25,063	-5,900	-106,353	-35,170	-15,500	162,923	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-23,252	-18,818	31,506	222,556	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	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	257,972	0	0	0	0	0	0	0	100
interest	-24,457	-17,659	-15,372	-7,078	-38	-53	10	45	40	3	22	35	39	26
cash flow from financing	-47,709	-29,795	41,197	209,578	-106,391	222,749	-15,490	162,968	40	3	22	35	39	126
cash and cash equivalents
cash	-16,264	1,421	19,450	-6,493	7,751	-4,991	2,134	-12,318	14,197	934	-8,713	3,694	-5,469	10,532
overdraft	301	2,573	8,388	9,677	-1,992	1,992	0	0	0	0	0	0	0	0
change in cash	-16,565	-1,152	11,062	-16,170	9,743	-6,983	2,134	-12,318	14,197	934	-8,713	3,694	-5,469	10,532

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for r.i.g. (preston) ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in PR2 area or any other competitors across 12 key performance metrics.

R.I.G. (PRESTON) LTD group structure

R.I.G. (Preston) Ltd has no subsidiary companies.

Ultimate parent company

R.I.G. (PRESTON) LTD

04530891

R.I.G. (PRESTON) LTD Shareholders

anthony roger pedley	50%
christine carter	24%
linda waddington	24%
ian waddington	1%
graham carter	1%

R.I.G. (Preston) Ltd currently has 1 director, Mr Nicholas Carter serving since Jan 2017.

officer	country	age	start	end	role
Mr Nicholas Carter	England	38 years	Jan 2017	-	Director

P&L

March 2023

turnover

515k

+256%

operating profit

26.3k

gross margin

74.6%

+0.03%

turnover

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

Balance Sheet

March 2023

net assets

300.5k

total assets

636.9k

-0.02%

cash

5.9k

-0.73%

net assets

Total assets minus all liabilities

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company number

04530891

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

September 2002

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2023

address

7 ferry road office park, preston, PR2 2YH

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 5 charges/mortgages relating to r.i.g. (preston) ltd. Currently there are 2 open charges and 3 have been satisfied in the past.

r.i.g. (preston) ltd Company Information

r.i.g. (preston) ltd Estimated Valuation

r.i.g. (preston) ltd Estimated Valuation

r.i.g. (preston) ltd Estimated Valuation

R.i.g. (preston) Ltd Overview

R.i.g. (preston) Ltd Health Check

R.I.G. (PRESTON) LTD financials

r.i.g. (preston) ltd Credit Report and Business Information

R.i.g. (preston) Ltd Competitor Analysis

r.i.g. (preston) ltd Ownership

r.i.g. (preston) ltd directors

r.i.g. (preston) ltd company details

r.i.g. (preston) ltd Charges & Mortgages

r.i.g. (preston) ltd Companies House Filings - See Documents