Pomanda estimates the enterprise value of ROCK SOLID MIXER HIRE LIMITED at £842.5k based on a Turnover of £3.2m and 0.27x industry multiple (adjusted for size and gross margin).
rock solid mixer hire limitedEstimated Valuation
£923.8k
Pomanda estimates the enterprise value of ROCK SOLID MIXER HIRE LIMITED at £923.8k based on an EBITDA of £296.1k and a 3.12x industry multiple (adjusted for size and gross margin).
rock solid mixer hire limitedEstimated Valuation
£2.8m
Pomanda estimates the enterprise value of ROCK SOLID MIXER HIRE LIMITED at £2.8m based on Net Assets of £1.4m and 1.94x industry multiple (adjusted for liquidity).
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Rock Solid Mixer Hire LimitedOverview
Rock Solid Mixer Hire Limited is a live company located in coventry, CV7 9QN with a Companies House number of 04640582. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in January 2003, it's largest shareholder is
herdeepak saundh
with a 50% stake. Rock Solid Mixer Hire Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.2m with
declining
growth in recent years.
Pomanda's financial health check has awarded Rock Solid Mixer Hire Limited a 4 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
Health Rating4out of 5
4 Strong
2 Regular
6 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£14.1m)
£3.2m - Rock Solid Mixer Hire Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (9%)
-4% - Rock Solid Mixer Hire Limited
9% - Industry AVG
Production
with a gross margin of 17.6%, this company has a comparable cost of product (17.6%)
17.6% - Rock Solid Mixer Hire Limited
17.6% - Industry AVG
Profitability
an operating margin of 3.5% make it less profitable than the average company (5.7%)
3.5% - Rock Solid Mixer Hire Limited
5.7% - Industry AVG
Employees
with 21 employees, this is below the industry average (53)
21 - Rock Solid Mixer Hire Limited
53 - Industry AVG
Pay Structure
on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)
£51.5k - Rock Solid Mixer Hire Limited
£51.5k - Industry AVG
Efficiency
resulting in sales per employee of £151.4k, this is less efficient (£255.5k)
£151.4k - Rock Solid Mixer Hire Limited
£255.5k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (51 days)
39 days - Rock Solid Mixer Hire Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is slower than average (35 days)
40 days - Rock Solid Mixer Hire Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is more than average (6 days)
8 days - Rock Solid Mixer Hire Limited
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 42 weeks, this is more cash available to meet short term requirements (20 weeks)
42 weeks - Rock Solid Mixer Hire Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.3%, this is a lower level of debt than the average (60.3%)
50.3% - Rock Solid Mixer Hire Limited
60.3% - Industry AVG
ROCK SOLID MIXER HIRE LIMITED financials
EXPORT
Rock Solid Mixer Hire Limited's latest turnover from December 2023 is estimated at £3.2 million and the company has net assets of £1.4 million. According to their latest financial statements, Rock Solid Mixer Hire Limited has 21 employees and maintains cash reserves of £511.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
3,178,434
4,882,217
4,651,388
3,585,676
2,097,797
2,152,160
2,917,466
2,864,743
2,239,799
1,895,979
1,361,221
848,313
817,482
667,923
Other Income Or Grants
Cost Of Sales
2,619,116
4,075,077
3,931,432
2,819,355
1,746,600
1,776,520
2,378,118
2,311,921
1,839,135
1,570,474
1,124,110
677,092
652,752
526,985
Gross Profit
559,318
807,140
719,956
766,321
351,196
375,640
539,347
552,822
400,664
325,506
237,111
171,221
164,729
140,938
Admin Expenses
448,724
-111,917
664,892
700,605
627,685
187,559
468,878
526,696
140,553
-34,616
143,281
166,587
87,993
126,262
-126,054
Operating Profit
110,594
919,057
55,064
65,716
-276,489
188,081
70,469
26,126
260,111
360,122
93,830
4,634
76,736
14,676
126,054
Interest Payable
9,914
30,898
14,760
7,883
10,676
21,455
24,258
10,624
24
Interest Receivable
30,685
19,886
28
2
2,400
3,960
2,962
1,414
2,575
1,465
406
202
269
129
10
Pre-Tax Profit
131,365
908,044
65,685
95,471
-284,765
170,586
49,173
16,916
262,663
361,587
94,236
4,836
77,005
14,806
126,064
Tax
-32,841
-172,528
42,374
-107,207
-32,411
-9,343
-3,383
-52,532
-75,933
-21,674
-1,161
-20,021
-4,146
-35,298
Profit After Tax
98,524
735,516
108,059
-11,736
-284,765
138,175
39,830
13,533
210,130
285,654
72,562
3,675
56,984
10,660
90,766
Dividends Paid
Retained Profit
98,524
735,516
108,059
-11,736
-284,765
138,175
39,830
13,533
210,130
285,654
72,562
3,675
56,984
10,660
90,766
Employee Costs
1,080,456
1,025,908
1,069,992
739,573
493,135
478,977
675,912
645,042
476,962
378,791
297,883
215,871
212,008
174,620
Number Of Employees
21
21
23
16
11
11
16
16
12
10
8
6
6
5
EBITDA*
296,120
1,077,807
278,256
218,090
-102,104
334,329
317,790
231,115
431,254
493,433
241,578
95,822
153,875
67,481
207,999
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
1,648,881
1,084,324
830,046
693,471
759,453
922,069
987,125
879,770
697,293
533,645
590,272
364,254
296,242
199,067
315,814
Intangible Assets
44,903
47,082
28,650
3,000
6,000
Investments & Other
8,654
Debtors (Due After 1 year)
Total Fixed Assets
1,693,784
1,131,406
858,696
702,125
759,453
922,069
987,125
879,770
697,293
533,645
590,272
364,254
296,242
202,067
321,814
Stock & work in progress
64,251
57,974
32,133
35,023
45,300
25,675
20,520
17,952
15,300
15,480
16,425
18,280
16,430
17,640
14,420
Trade Debtors
344,758
750,007
437,503
241,132
252,057
294,503
252,048
305,193
234,594
231,604
149,555
87,503
74,852
56,869
90,715
Group Debtors
86,402
146,790
146,790
30,000
Misc Debtors
236,838
277,007
191,900
118,439
109,921
17,469
63,358
36,244
34,284
Cash
511,537
657,431
478,884
418,382
222,600
417,472
638,583
546,207
585,318
444,731
141,354
21,048
59,757
47,938
3,830
misc current assets
total current assets
1,157,384
1,742,419
1,140,420
812,976
629,878
841,521
1,121,299
1,052,386
899,496
691,815
307,334
126,831
151,039
122,447
108,965
total assets
2,851,168
2,873,825
1,999,116
1,515,101
1,389,331
1,763,590
2,108,424
1,932,156
1,596,789
1,225,460
897,606
491,085
447,281
324,514
430,779
Bank overdraft
47,000
1,038
794
106,225
132,622
723
Bank loan
Trade Creditors
288,503
716,929
560,346
254,815
376,545
356,115
719,658
626,831
514,144
423,822
297,763
178,521
188,967
157,225
196,636
Group/Directors Accounts
other short term finances
105,659
hp & lease commitments
163,257
118,268
113,190
other current liabilities
167,601
117,429
227,267
175,757
188,392
139,770
75,476
99,773
71,473
total current liabilities
619,361
999,626
788,651
431,366
564,937
601,544
901,359
859,226
699,530
423,822
297,763
178,521
188,967
157,225
196,636
loans
129,250
473,196
324,651
87,774
122,891
300,933
206,628
hp & lease commitments
536,087
279,179
59,074
Accruals and Deferred Income
other liabilities
213,415
365,192
150,475
99,900
65,859
143,373
provisions
279,651
148,225
155,240
197,614
98,414
116,184
121,336
121,336
107,750
67,918
total long term liabilities
815,738
556,654
628,436
522,265
186,188
239,075
422,269
327,964
166,824
281,333
365,192
150,475
99,900
65,859
143,373
total liabilities
1,435,099
1,556,280
1,417,087
953,631
751,125
840,619
1,323,628
1,187,190
866,354
705,155
662,955
328,996
288,867
223,084
340,009
net assets
1,416,069
1,317,545
582,029
561,470
638,206
922,971
784,796
744,966
730,435
520,305
234,651
162,089
158,414
101,430
90,770
total shareholders funds
1,416,069
1,317,545
582,029
561,470
638,206
922,971
784,796
744,966
730,435
520,305
234,651
162,089
158,414
101,430
90,770
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
110,594
919,057
55,064
65,716
-276,489
188,081
70,469
26,126
260,111
360,122
93,830
4,634
76,736
14,676
126,054
Depreciation
183,347
158,750
223,192
152,374
174,385
146,248
247,321
204,989
171,143
133,311
147,748
91,188
74,139
49,805
78,945
Amortisation
2,179
3,000
3,000
3,000
Tax
-32,841
-172,528
42,374
-107,207
-32,411
-9,343
-3,383
-52,532
-75,933
-21,674
-1,161
-20,021
-4,146
-35,298
Stock
6,277
25,841
-2,890
-10,277
19,625
5,155
2,568
2,652
-180
-945
-1,855
1,850
-1,210
3,220
14,420
Debtors
-445,418
397,611
269,832
-2,407
-36,396
-63,822
-26,031
189,349
67,274
82,049
62,052
12,651
17,983
-33,846
90,715
Creditors
-428,426
156,583
305,531
-121,730
20,430
-363,543
92,827
112,687
90,322
126,059
119,242
-10,446
31,742
-39,411
196,636
Accruals and Deferred Income
50,172
-109,838
51,510
-12,635
48,622
64,294
-24,297
28,300
71,473
Deferred Taxes & Provisions
131,426
-7,015
-42,374
99,200
-17,770
-5,152
13,586
39,832
67,918
Cash flow from operations
455,592
521,557
368,355
88,402
-34,051
56,184
400,440
190,304
513,255
530,373
278,949
69,714
148,823
54,550
264,202
Investing Activities
capital expenditure
-747,904
-431,460
-388,417
-86,392
-11,769
-81,192
-387,466
-334,791
-76,684
-373,766
-159,200
-171,314
66,942
-403,759
Change in Investments
-8,654
8,654
cash flow from investments
-747,904
-431,460
-379,763
-95,046
-11,769
-81,192
-387,466
-334,791
-76,684
-373,766
-159,200
-171,314
66,942
-403,759
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-105,659
105,659
Long term loans
-129,250
-343,946
148,545
236,877
-35,117
-178,042
94,305
206,628
Hire Purchase and Lease Commitments
301,897
397,447
-172,264
172,264
other long term liabilities
-213,415
-151,777
214,717
50,575
34,041
-77,514
143,373
share issue
-87,500
-65,000
998
4
interest
20,771
-11,012
-14,732
-7,881
-8,276
-17,495
-21,296
-9,210
2,551
1,465
406
202
269
129
10
cash flow from financing
193,418
42,489
46,313
163,996
-149,052
-89,878
73,009
26,152
-38,600
-150,312
215,123
50,777
34,310
-77,385
143,387
cash and cash equivalents
cash
-145,894
178,547
60,502
195,782
-194,872
-221,111
92,376
-39,111
140,587
303,377
120,306
-38,709
11,819
44,108
3,830
overdraft
-47,000
45,962
244
794
-106,225
-26,397
131,899
723
change in cash
-98,894
132,585
60,258
194,988
-194,872
-114,886
118,773
-171,010
139,864
303,377
120,306
-38,709
11,819
44,108
3,830
rock solid mixer hire limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for rock solid mixer hire limited. Get real-time insights into rock solid mixer hire limited's credit score, group structure and payment trends.
Perform a competitor analysis for rock solid mixer hire limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CV7 area or any other competitors across 12 key performance metrics.
rock solid mixer hire limited Ownership
ROCK SOLID MIXER HIRE LIMITED group structure
Rock Solid Mixer Hire Limited has no subsidiary companies.
Ultimate parent company
ROCK SOLID MIXER HIRE LIMITED
04640582
ROCK SOLID MIXER HIRE LIMITED Shareholders
The largest shareholders in Rock Solid Mixer Hire Limited include Herdeepak Saundh and Gurpal Saundh.
herdeepak saundh
50%
gurpal saundh
35.03%
satvinder saundh
14.97%
rock solid mixer hire limited directors
Rock Solid Mixer Hire Limited currently has 2 directors.
The longest serving directors include
Mr Gurpal Saundh (Jan 2003) and
Mr Herdeepak Saundh (May 2024).
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
January 2003
age
22
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
ARMSTRONGS BISHOP SIMMONS
auditor
-
address
unit 8-9 phoenix park, bayton road industrial estate, coventry, CV7 9QN
Bank
-
Legal Advisor
-
rock solid mixer hire 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 rock solid mixer hire limited. Currently there are 1 open charges and 0 have been satisfied in the past.
rock solid mixer hire limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for ROCK SOLID MIXER HIRE LIMITED. This can take several minutes, an email will notify you when this has completed.
rock solid mixer hire limitedCompanies House Filings - See Documents
