rtc holdings limited
rtc holdings limited Company Information
Company Number
04637592
Next Accounts
67 days late
Directors
Shareholders
hassan mojtaba golshirazi
mohammad ali golshirazi
Group Structure
View All
Industry
Activities of head offices
+1Registered Address
unit 3 hampstead gate, 1a frognal, london, NW3 6AL
Website
rtc.comrtc holdings limited Estimated Valuation
Pomanda estimates the enterprise value of RTC HOLDINGS LIMITED at £3.4m based on a Turnover of £3.6m and 0.94x industry multiple (adjusted for size and gross margin).
rtc holdings limited Estimated Valuation
Pomanda estimates the enterprise value of RTC HOLDINGS LIMITED at £4.2m based on an EBITDA of £908.1k and a 4.68x industry multiple (adjusted for size and gross margin).
rtc holdings limited Estimated Valuation
Pomanda estimates the enterprise value of RTC HOLDINGS LIMITED at £0 based on Net Assets of £-1.2m and 1.72x industry multiple (adjusted for liquidity).
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Rtc Holdings Limited Overview
Rtc Holdings Limited is a live company located in london, NW3 6AL with a Companies House number of 04637592. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2003, it's largest shareholder is hassan mojtaba golshirazi with a 78% stake. Rtc Holdings Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.6m with healthy growth in recent years.
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Rtc Holdings Limited Health Check
Pomanda's financial health check has awarded Rtc Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£18.6m)
£3.6m - Rtc Holdings Limited
£18.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5.6%)
10% - Rtc Holdings Limited
5.6% - Industry AVG
Production
with a gross margin of 39.5%, this company has a comparable cost of product (34.3%)
39.5% - Rtc Holdings Limited
34.3% - Industry AVG
Profitability
an operating margin of 22.6% make it more profitable than the average company (5.6%)
22.6% - Rtc Holdings Limited
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (106)
1 - Rtc Holdings Limited
106 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Rtc Holdings Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £3.6m, this is more efficient (£186.6k)
£3.6m - Rtc Holdings Limited
£186.6k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (46 days)
11 days - Rtc Holdings Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 228 days, this is slower than average (45 days)
228 days - Rtc Holdings Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rtc Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (16 weeks)
1 weeks - Rtc Holdings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.6%, this is a higher level of debt than the average (62.8%)
104.6% - Rtc Holdings Limited
62.8% - Industry AVG
RTC HOLDINGS LIMITED financials
Rtc Holdings Limited's latest turnover from February 2023 is £3.6 million and the company has net assets of -£1.2 million. According to their latest financial statements, Rtc Holdings Limited has 1 employee and maintains cash reserves of £790.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,583,041 | 2,309,320 | 2,116,103 | 2,679,356 | 3,439,812 | 9,130,496 | 7,506,415 | 1,255,584 | 1,080,899 | 968,950 | 116,251 | 7,819,286 | 9,720,278 | 121,254,073 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,168,957 | 758,643 | 359,353 | 1,159,357 | 1,677,937 | 7,429,134 | 6,098,772 | 4,632 | 7,360 | 0 | 110,226 | 5,509,497 | 5,183,185 | 117,778,527 |
| Gross Profit | 1,414,084 | 1,550,677 | 1,756,749 | 1,519,998 | 1,761,875 | 1,701,363 | 1,407,643 | 1,250,952 | 1,073,539 | 968,950 | 6,025 | 2,309,789 | 4,537,093 | 3,475,545 |
| Admin Expenses | 605,073 | 732,776 | 718,002 | 960,577 | 1,252,685 | 1,033,851 | 806,465 | 534,572 | 456,264 | 502,436 | -463,538 | 1,856,649 | 3,744,870 | 2,481,232 |
| Operating Profit | 809,011 | 817,901 | 1,038,747 | 559,421 | 509,190 | 667,512 | 601,178 | 716,380 | 617,275 | 466,514 | 469,563 | 453,140 | 792,223 | 994,313 |
| Interest Payable | 653,000 | 742,500 | 820,969 | 104,888 | 672,306 | 520,063 | 585,169 | 664,545 | 627,881 | 529,463 | 629,191 | 772,817 | 547,660 | 567,159 |
| Interest Receivable | 273 | 5 | 115 | 174 | 291,522 | 58 | 92 | 78 | 71 | 23 | 13,702 | 18,309 | 1,944 | 9,825 |
| Pre-Tax Profit | 156,285 | -406,433 | 258,720 | 364,664 | 128,479 | 147,936 | 16,124 | 51,914 | -10,535 | -1,859,330 | -55,293 | -152,332 | 246,508 | 436,980 |
| Tax | -34,157 | -1,010 | -70,505 | -32,799 | -11,618 | -17,483 | -200 | 0 | 0 | 2,809 | 0 | 0 | -54,787 | -128,345 |
| Profit After Tax | 122,127 | -407,443 | 188,214 | 331,865 | 116,861 | 130,453 | 15,924 | 51,914 | -10,535 | -1,856,521 | -55,293 | -152,332 | 191,721 | 308,634 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 122,127 | -407,443 | 188,214 | 331,865 | 116,861 | 130,453 | 15,924 | 51,914 | -10,535 | -1,856,521 | -55,293 | -152,332 | 191,721 | 308,634 |
| Employee Costs | 305,627 | 342,037 | 556,802 | 502,889 | 366,466 | |||||||||
| Number Of Employees | 1 | 10 | 10 | 8 | 8 | 6 | 7 | 14 | 12 | 6 | ||||
| EBITDA* | 908,083 | 955,579 | 1,211,176 | 787,194 | 819,891 | 1,033,864 | 609,445 | 725,482 | 626,766 | 475,316 | 480,330 | 497,192 | 865,133 | 1,068,211 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,225,999 | 1,377,615 | 1,417,463 | 1,588,897 | 1,867,941 | 2,036,328 | 982,648 | 993,739 | 969,003 | 807,738 | 910,532 | 960,568 | 1,040,861 | 1,106,589 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,908,780 | 1,988,921 | 2,348,871 | 2,158,208 | 406,989 | 693,597 | 35,396 | 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 | 3,134,780 | 3,366,536 | 3,766,335 | 3,747,106 | 2,274,931 | 2,729,925 | 1,018,044 | 993,739 | 969,003 | 807,739 | 910,532 | 960,569 | 1,040,862 | 1,106,589 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 1,035,119 | 0 | 0 | 0 | 0 | 77,048 | 139,102 | 2,366,136 |
| Trade Debtors | 111,937 | 512,382 | 0 | 906,684 | 0 | 3,995,543 | 2,991,926 | 1,879,306 | 3,035,209 | 456,619 | 0 | 1,363,607 | 50,861,826 | 26,355,102 |
| Group Debtors | 194,694 | 157,408 | 118,845 | 97,692 | 41,276 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 21,812,657 | 20,034,366 | 17,376,663 | 23,088,249 | 24,751,355 | 17,107,395 | 9,998,438 | 11,100,470 | 11,984,526 | 4,250,694 | 3,974,795 | 1,329,482 | 6,865,510 | 81,635,072 |
| Cash | 790,236 | 275,062 | 1,374,642 | 1,306,987 | 3,791,130 | 1,359,461 | 1,039,880 | 964,935 | 456,649 | 315,861 | 768,346 | 69,504,251 | 109,800,175 | 113,128,009 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,137,611 | 3,273,336 | 0 | 0 |
| total current assets | 22,909,525 | 20,979,220 | 18,870,151 | 25,399,613 | 28,583,763 | 22,462,399 | 15,065,363 | 13,944,711 | 15,476,385 | 5,023,174 | 7,880,753 | 75,547,725 | 167,666,613 | 223,484,320 |
| total assets | 26,044,304 | 24,345,756 | 22,636,485 | 29,146,719 | 30,858,694 | 25,192,324 | 16,083,407 | 14,938,451 | 16,445,388 | 5,830,913 | 8,791,286 | 76,508,293 | 168,707,475 | 224,590,909 |
| Bank overdraft | 8,997,350 | 11,266,749 | 10,543,644 | 10,543,644 | 17,281,597 | 5,842,268 | 8,489,076 | 8,728,489 | 7,653,767 | 6,652,241 | 895,803 | 54,565,943 | 1,561,987 | 924,810 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,571,750 | 6,974,843 | 6,590,550 | 6,230,828 |
| Trade Creditors | 1,358,749 | 821,638 | 46,988 | 33,417 | 33,740 | 26,909 | 12,670 | 8,141 | 49,606 | 9,859 | 26,318 | 268,001 | 147,788,853 | 2,116,570 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,256,562 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 14,482,042 | 10,394,505 | 9,099,736 | 15,049,733 | 15,014,064 | 20,918,533 | 9,319,687 | 7,870,898 | 10,321,598 | 410,248 | 545,508 | 13,882,736 | 7,431,014 | 214,375,530 |
| total current liabilities | 24,838,142 | 22,482,893 | 19,690,369 | 25,626,794 | 32,329,402 | 26,787,711 | 17,821,434 | 16,607,529 | 18,024,972 | 7,072,348 | 8,039,380 | 75,691,524 | 167,628,967 | 223,647,738 |
| loans | 2,406,638 | 3,240,996 | 3,854,507 | 4,616,529 | 0 | 0 | 22,054 | 113,315 | 195,704 | 216,995 | 303,185 | 471,660 | 563,121 | 613,937 |
| 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 | 3,144 | 3,280 | 3,398 | 6,943 |
| total long term liabilities | 2,406,638 | 3,240,996 | 3,854,508 | 4,616,530 | 0 | 0 | 22,055 | 113,316 | 195,704 | 216,996 | 306,330 | 474,941 | 566,521 | 620,882 |
| total liabilities | 27,244,780 | 25,723,889 | 23,544,876 | 30,243,324 | 32,329,402 | 26,787,711 | 17,843,489 | 16,720,845 | 18,220,676 | 7,289,344 | 8,345,709 | 76,166,465 | 168,195,488 | 224,268,620 |
| net assets | -1,200,475 | -1,378,133 | -908,391 | -1,096,605 | -1,470,708 | -1,595,387 | -1,760,082 | -1,782,394 | -1,775,287 | -1,458,431 | 445,576 | 341,829 | 511,987 | 322,289 |
| total shareholders funds | -1,200,475 | -1,378,133 | -908,391 | -1,096,605 | -1,470,708 | -1,595,387 | -1,760,082 | -1,782,394 | -1,775,287 | -1,458,431 | 445,576 | 341,829 | 511,987 | 322,289 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 809,011 | 817,901 | 1,038,747 | 559,421 | 509,190 | 667,512 | 601,178 | 716,380 | 617,275 | 466,514 | 469,563 | 453,140 | 792,223 | 994,313 |
| Depreciation | 99,072 | 137,678 | 172,429 | 227,772 | 310,701 | 366,352 | 8,267 | 9,102 | 9,491 | 8,802 | 10,767 | 44,052 | 72,910 | 73,899 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -34,157 | -1,010 | -70,505 | -32,799 | -11,618 | -17,483 | -200 | 0 | 0 | 2,809 | 0 | 0 | -54,787 | -128,345 |
| Stock | 0 | 0 | 0 | 0 | 0 | -1,035,119 | 1,035,119 | 0 | 0 | 0 | -77,048 | -62,054 | -2,227,035 | 2,366,136 |
| Debtors | 1,415,131 | 3,208,648 | -6,597,116 | -700,007 | 3,689,695 | 8,112,574 | 10,587 | -2,039,959 | 10,312,422 | 732,518 | 1,281,706 | -55,034,247 | -50,262,838 | 107,990,174 |
| Creditors | 537,110 | 774,650 | 13,571 | -323 | 6,831 | 14,239 | 4,529 | -41,465 | 39,747 | -16,459 | -241,683 | -147,520,852 | 145,672,284 | 2,116,570 |
| Accruals and Deferred Income | 4,087,537 | 1,294,769 | -5,949,997 | 35,669 | -5,904,469 | 11,598,846 | 1,448,789 | -2,450,700 | 9,911,350 | -135,260 | -13,337,228 | 6,451,722 | -206,944,516 | 214,375,530 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,144 | -136 | -118 | -3,545 | 6,943 |
| Cash flow from operations | 4,083,442 | -184,660 | 1,801,361 | 1,489,747 | -8,779,060 | 5,552,011 | 1,016,857 | 273,276 | 265,441 | -409,256 | -14,303,375 | -85,475,755 | -7,975,558 | 107,082,600 |
| Investing Activities | ||||||||||||||
| capital expenditure | -3,273,336 | -14,132 | -10,193 | |||||||||||
| Change in Investments | -80,141 | -359,950 | 190,663 | 1,751,219 | -286,608 | 658,202 | 35,396 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -3,273,336 | -14,132 | -10,193 | |||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,571,750 | -403,093 | 384,293 | 359,722 | 6,230,828 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,256,562 | 4,256,562 | 0 |
| Long term loans | -834,358 | -613,511 | -762,022 | 4,616,529 | 0 | -22,054 | -91,261 | -82,389 | -21,291 | -86,190 | -168,475 | -91,461 | -50,816 | 613,937 |
| 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 | -652,727 | -742,495 | -820,854 | -104,714 | -380,784 | -520,005 | -585,077 | -664,467 | -627,810 | -529,440 | -615,489 | -754,508 | -545,716 | -557,334 |
| cash flow from financing | -1,431,555 | -1,418,305 | -1,582,876 | 4,554,053 | -372,966 | -507,816 | -669,951 | -805,875 | -955,422 | -7,234,867 | -1,028,016 | -4,736,064 | 4,017,729 | 6,301,086 |
| cash and cash equivalents | ||||||||||||||
| cash | 515,173 | -1,099,579 | 67,654 | -2,484,143 | 2,431,670 | 319,581 | 74,945 | 508,286 | 140,789 | -452,486 | -68,735,905 | -40,295,924 | -3,327,834 | 113,128,009 |
| overdraft | -2,269,399 | 723,105 | 0 | -6,737,953 | 11,439,329 | -2,646,808 | -239,413 | 1,074,722 | 1,001,526 | 5,756,438 | -53,670,140 | 53,003,956 | 637,177 | 924,810 |
| change in cash | 2,784,572 | -1,822,684 | 67,654 | 4,253,810 | -9,007,659 | 2,966,389 | 314,358 | -566,436 | -860,737 | -6,208,924 | -15,065,765 | -93,299,880 | -3,965,011 | 112,203,199 |
rtc holdings limited Credit Report and Business Information
Rtc Holdings Limited Competitor Analysis
Perform a competitor analysis for rtc holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in NW3 area or any other competitors across 12 key performance metrics.
rtc holdings limited Ownership
RTC HOLDINGS LIMITED group structure
Rtc Holdings Limited has 3 subsidiary companies.
Ultimate parent company
RTC HOLDINGS LIMITED
04637592
3 subsidiaries
rtc holdings limited directors
Rtc Holdings Limited currently has 1 director, Mr Hassan Golshirazi serving since Jan 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hassan Golshirazi | England | 64 years | Jan 2003 | - | Director |
P&L
February 2023turnover
3.6m
+55%
operating profit
809k
-1%
gross margin
39.5%
-41.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-1.2m
-0.13%
total assets
26m
+0.07%
cash
790.2k
+1.87%
net assets
Total assets minus all liabilities
rtc holdings limited company details
company number
04637592
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
January 2003
age
22
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
February 2023
previous names
N/A
accountant
SPENCER HYDE LIMITED
auditor
-
address
unit 3 hampstead gate, 1a frognal, london, NW3 6AL
Bank
-
Legal Advisor
-
rtc holdings 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 rtc holdings limited.
rtc holdings limited Capital Raised & Share Issues BETA
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rtc holdings limited Companies House Filings - See Documents
| date | description | view/download |
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