resin flooring systems limited
resin flooring systems limited Company Information
Company Number
04721134
Next Accounts
769 days late
Directors
Shareholders
peter heaton
undisclosed
Group Structure
View All
Industry
Floor and wall covering
Registered Address
27 knowsley street, bury, BL9 0ST
Website
www.resinflooringsystems.comresin flooring systems limited Estimated Valuation
Pomanda estimates the enterprise value of RESIN FLOORING SYSTEMS LIMITED at £47k based on a Turnover of £117.5k and 0.4x industry multiple (adjusted for size and gross margin).
resin flooring systems limited Estimated Valuation
Pomanda estimates the enterprise value of RESIN FLOORING SYSTEMS LIMITED at £1.9k based on an EBITDA of £572 and a 3.39x industry multiple (adjusted for size and gross margin).
resin flooring systems limited Estimated Valuation
Pomanda estimates the enterprise value of RESIN FLOORING SYSTEMS LIMITED at £0 based on Net Assets of £-20.2k and 1.91x industry multiple (adjusted for liquidity).
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Resin Flooring Systems Limited Overview
Resin Flooring Systems Limited is a live company located in bury, BL9 0ST with a Companies House number of 04721134. It operates in the floor and wall covering sector, SIC Code 43330. Founded in April 2003, it's largest shareholder is peter heaton with a 66.7% stake. Resin Flooring Systems Limited is a mature, micro sized company, Pomanda has estimated its turnover at £117.5k with unknown growth in recent years.
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Resin Flooring Systems Limited Health Check
Pomanda's financial health check has awarded Resin Flooring Systems Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
5 Weak
Size
annual sales of £117.5k, make it smaller than the average company (£237.2k)
- Resin Flooring Systems Limited
£237.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Resin Flooring Systems Limited
- - Industry AVG
Production
with a gross margin of 30.6%, this company has a comparable cost of product (30.6%)
- Resin Flooring Systems Limited
30.6% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (9.1%)
- Resin Flooring Systems Limited
9.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Resin Flooring Systems Limited
3 - Industry AVG
Pay Structure
on an average salary of £25.9k, the company has an equivalent pay structure (£25.9k)
- Resin Flooring Systems Limited
£25.9k - Industry AVG
Efficiency
resulting in sales per employee of £117.5k, this is equally as efficient (£117.5k)
- Resin Flooring Systems Limited
£117.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Resin Flooring Systems Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Resin Flooring Systems Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Resin Flooring Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (33 weeks)
5 weeks - Resin Flooring Systems Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 121.7%, this is a higher level of debt than the average (61%)
121.7% - Resin Flooring Systems Limited
61% - Industry AVG
RESIN FLOORING SYSTEMS LIMITED financials
Resin Flooring Systems Limited's latest turnover from April 2021 is estimated at £117.5 thousand and the company has net assets of -£20.2 thousand. According to their latest financial statements, Resin Flooring Systems Limited has 1 employee and maintains cash reserves of £9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 117,363 | 113,944 | ||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 27,082 | 32,952 | ||||||||||
| Gross Profit | 90,281 | 80,992 | ||||||||||
| Admin Expenses | 27,749 | 23,839 | ||||||||||
| Operating Profit | 62,532 | 57,153 | ||||||||||
| Interest Payable | 740 | 314 | ||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | 61,792 | 56,839 | ||||||||||
| Tax | -12,465 | -11,563 | ||||||||||
| Profit After Tax | 49,327 | 45,276 | ||||||||||
| Dividends Paid | 50,000 | 35,000 | ||||||||||
| Retained Profit | -673 | 10,276 | ||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | |||||||||
| EBITDA* | 63,664 | 58,704 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,768 | 3,170 | 6,569 | 6,646 | 8,862 | 12,067 | 16,257 | 3,295 | 3,395 | 4,527 | 6,078 | 12,507 |
| Intangible Assets | ||||||||||||
| Investments & Other | 110,078 | |||||||||||
| Debtors (Due After 1 year) | 24,384 | 24,384 | ||||||||||
| Total Fixed Assets | 27,152 | 27,554 | 6,569 | 6,646 | 8,862 | 12,067 | 16,257 | 113,373 | 3,395 | 4,527 | 6,078 | 12,507 |
| Stock & work in progress | 2,500 | |||||||||||
| Trade Debtors | 1,320 | 5,296 | 16,405 | 80,630 | 70,917 | 44,062 | 1,861 | 21,672 | ||||
| Group Debtors | ||||||||||||
| Misc Debtors | 56,667 | 23,646 | 50,949 | 37,905 | 25,924 | 35,978 | 40,664 | 1,220 | 47,234 | 37,714 | 19,364 | |
| Cash | 8,978 | 10 | 10 | 1,517 | 8,729 | |||||||
| misc current assets | ||||||||||||
| total current assets | 65,645 | 23,656 | 50,959 | 37,905 | 27,244 | 42,791 | 57,069 | 81,850 | 70,917 | 91,296 | 42,075 | 49,765 |
| total assets | 92,797 | 51,210 | 57,528 | 44,551 | 36,106 | 54,858 | 73,326 | 195,223 | 74,312 | 95,823 | 48,153 | 62,272 |
| Bank overdraft | 8,583 | 14,105 | 18,250 | 15,564 | 12,607 | 3,867 | ||||||
| Bank loan | ||||||||||||
| Trade Creditors | 40,371 | 115,065 | 41,130 | 23,689 | 24,574 | 36,735 | ||||||
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 87,963 | 62,185 | 51,921 | 32,492 | 18,870 | 25,301 | 34,412 | |||||
| total current liabilities | 87,963 | 70,768 | 66,026 | 50,742 | 34,434 | 37,908 | 40,371 | 115,065 | 41,130 | 61,968 | 24,574 | 36,735 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 25,000 | 173 | ||||||||||
| provisions | ||||||||||||
| total long term liabilities | 25,000 | 173 | ||||||||||
| total liabilities | 112,963 | 70,768 | 66,026 | 50,742 | 34,434 | 37,908 | 40,544 | 115,065 | 41,130 | 61,968 | 24,574 | 36,735 |
| net assets | -20,166 | -19,558 | -8,498 | -6,191 | 1,672 | 16,950 | 32,782 | 80,158 | 33,182 | 33,855 | 23,579 | 25,537 |
| total shareholders funds | -20,166 | -19,558 | -8,498 | -6,191 | 1,672 | 16,950 | 32,782 | 80,158 | 33,182 | 33,855 | 23,579 | 25,537 |
| Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 62,532 | 57,153 | ||||||||||
| Depreciation | 923 | 1,057 | 77 | 2,216 | 3,205 | 4,190 | 5,502 | 1,100 | 1,132 | 1,551 | 2,127 | 4,273 |
| Amortisation | ||||||||||||
| Tax | -12,465 | -11,563 | ||||||||||
| Stock | -2,500 | 2,500 | ||||||||||
| Debtors | 33,021 | -2,919 | 13,044 | 10,661 | -14,030 | -15,795 | -24,781 | 10,933 | -20,379 | 51,721 | -1,461 | 41,036 |
| Creditors | -40,371 | -74,694 | 73,935 | 17,441 | -885 | -12,161 | 36,735 | |||||
| Accruals and Deferred Income | 25,778 | 10,264 | 19,429 | 13,622 | -6,431 | 25,301 | -34,412 | 34,412 | ||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | 54,607 | 31,447 | ||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | -110,078 | 110,078 | ||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | 25,000 | -173 | 173 | |||||||||
| share issue | ||||||||||||
| interest | -740 | -314 | ||||||||||
| cash flow from financing | -740 | -314 | ||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 8,968 | 10 | -1,517 | 1,517 | -8,729 | 8,729 | ||||||
| overdraft | -8,583 | -5,522 | -4,145 | 2,686 | 2,957 | 12,607 | -3,867 | 3,867 | ||||
| change in cash | 17,551 | 5,522 | 4,155 | -2,686 | -4,474 | -11,090 | 3,867 | -3,867 | -8,729 | 8,729 |
resin flooring systems limited Credit Report and Business Information
Resin Flooring Systems Limited Competitor Analysis
Perform a competitor analysis for resin flooring systems limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BL9 area or any other competitors across 12 key performance metrics.
resin flooring systems limited Ownership
RESIN FLOORING SYSTEMS LIMITED group structure
Resin Flooring Systems Limited has no subsidiary companies.
Ultimate parent company
RESIN FLOORING SYSTEMS LIMITED
04721134
resin flooring systems limited directors
Resin Flooring Systems Limited currently has 1 director, Mr Tom Kiely serving since Mar 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tom Kiely | England | 31 years | Mar 2023 | - | Director |
P&L
April 2021turnover
117.5k
-17%
operating profit
-350.7
0%
gross margin
30.6%
+2.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2021net assets
-20.2k
+0.03%
total assets
92.8k
+0.81%
cash
9k
+896.8%
net assets
Total assets minus all liabilities
Similar Companies
resin flooring systems limited company details
company number
04721134
Type
Private limited with Share Capital
industry
43330 - Floor and wall covering
incorporation date
April 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2021
previous names
N/A
accountant
-
auditor
-
address
27 knowsley street, bury, BL9 0ST
Bank
-
Legal Advisor
-
resin flooring systems 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 resin flooring systems limited.
resin flooring systems 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.
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resin flooring systems limited Companies House Filings - See Documents
| date | description | view/download |
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