Pomanda estimates the enterprise value of RAPIER SYSTEMS LIMITED at £622.2k based on a Turnover of £1m and 0.62x industry multiple (adjusted for size and gross margin).
rapier systems limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of RAPIER SYSTEMS LIMITED at £0 based on an EBITDA of £-107k and a 2.24x industry multiple (adjusted for size and gross margin).
rapier systems limitedEstimated Valuation
£122.2k
Pomanda estimates the enterprise value of RAPIER SYSTEMS LIMITED at £122.2k based on Net Assets of £48.1k and 2.54x industry multiple (adjusted for liquidity).
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Rapier Systems LimitedOverview
Rapier Systems Limited is a live company located in london, EC1V 4PW with a Companies House number of 04821724. It operates in the wireless telecommunications activities sector, SIC Code 61200. Founded in July 2003, it's largest shareholder is
richard anderson
with a 50% stake. Rapier Systems Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1m with
low
growth in recent years.
Pomanda's financial health check has awarded Rapier Systems Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
8 Weak
Size
annual sales of £1m, make it smaller than the average company (£7.3m)
£1m - Rapier Systems Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.9%)
2% - Rapier Systems Limited
6.9% - Industry AVG
Production
with a gross margin of 16.7%, this company has a higher cost of product (35.7%)
16.7% - Rapier Systems Limited
35.7% - Industry AVG
Profitability
an operating margin of -14.3% make it less profitable than the average company (2.6%)
-14.3% - Rapier Systems Limited
2.6% - Industry AVG
Employees
with 14 employees, this is below the industry average (31)
14 - Rapier Systems Limited
31 - Industry AVG
Pay Structure
on an average salary of £61.8k, the company has an equivalent pay structure (£61.8k)
£61.8k - Rapier Systems Limited
£61.8k - Industry AVG
Efficiency
resulting in sales per employee of £71.5k, this is less efficient (£199.5k)
£71.5k - Rapier Systems Limited
£199.5k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (47 days)
53 days - Rapier Systems Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 174 days, this is slower than average (40 days)
174 days - Rapier Systems Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is more than average (24 days)
55 days - Rapier Systems Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 14 weeks, this is more cash available to meet short term requirements (9 weeks)
14 weeks - Rapier Systems Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.9%, this is a higher level of debt than the average (62.2%)
90.9% - Rapier Systems Limited
62.2% - Industry AVG
RAPIER SYSTEMS LIMITED financials
EXPORT
Rapier Systems Limited's latest turnover from March 2024 is estimated at £1 million and the company has net assets of £48.1 thousand. According to their latest financial statements, Rapier Systems Limited has 14 employees and maintains cash reserves of £109.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
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
Jul 2010
Jul 2009
Turnover
1,001,422
1,219,369
1,041,330
931,209
1,133,409
794,973
352,182
445,990
525,822
326,822
344,985
266,631
93,913
513,535
418,587
Other Income Or Grants
Cost Of Sales
834,173
1,062,612
847,641
775,450
942,066
650,948
285,547
360,752
428,740
265,024
293,048
213,698
74,644
405,419
312,899
Gross Profit
167,248
156,757
193,689
155,759
191,343
144,025
66,634
85,238
97,082
61,798
51,937
52,933
19,269
108,116
105,688
Admin Expenses
310,412
192,422
77,986
315,482
73,458
-72,034
89,021
133,297
102,824
45,129
-24,482
27,465
-95,183
110,234
202,374
-6,191
Operating Profit
-143,164
-35,665
115,703
-159,723
117,885
216,059
-22,387
-48,059
-5,742
16,669
76,419
25,468
114,452
-2,118
-96,686
6,191
Interest Payable
Interest Receivable
4,937
8,352
1,929
201
142
494
183
73
190
114
33
24
7
23
104
88
Pre-Tax Profit
-138,227
-27,313
117,632
-159,522
118,027
216,553
-22,204
-47,986
-5,552
16,784
76,452
25,492
114,459
-2,095
-96,582
6,279
Tax
-22,350
-22,425
-41,145
-3,525
-17,584
-6,118
-29,759
-1,758
Profit After Tax
-138,227
-27,313
95,282
-159,522
95,602
175,408
-22,204
-47,986
-5,552
13,259
58,868
19,374
84,700
-2,095
-96,582
4,521
Dividends Paid
Retained Profit
-138,227
-27,313
95,282
-159,522
95,602
175,408
-22,204
-47,986
-5,552
13,259
58,868
19,374
84,700
-2,095
-96,582
4,521
Employee Costs
865,171
939,153
876,830
691,051
595,311
467,370
348,184
538,191
616,000
53,350
52,692
55,845
54,336
49,599
47,940
Number Of Employees
14
15
15
12
10
9
6
9
11
1
1
1
1
1
1
EBITDA*
-107,004
-7,935
133,555
-139,113
136,993
221,127
-22,387
-42,427
-1,182
19,671
78,623
27,305
120,353
1,547
-82,430
13,935
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
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
Jul 2010
Jul 2009
Tangible Assets
135,849
204,375
62,967
81,438
95,719
28,178
20,377
20,958
20,455
15,909
11,544
10,415
11,373
17,024
20,689
35,975
Intangible Assets
Investments & Other
7,816
7,816
29
29
29
Debtors (Due After 1 year)
Total Fixed Assets
143,665
212,191
62,996
81,467
95,748
28,178
20,377
20,958
20,455
15,909
11,544
10,415
11,373
17,024
20,689
35,975
Stock & work in progress
127,667
157,959
143,276
96,397
97,409
67,120
44,690
22,855
48,930
48,930
73,758
61,066
68,003
121,526
156,381
209,384
Trade Debtors
145,703
305,318
234,141
189,074
313,223
224,281
55,079
51,109
42,964
88,039
91,478
58,358
7,270
96,730
68,605
65,987
Group Debtors
Misc Debtors
74,007
80,394
43,760
Cash
109,469
78,617
314,416
199,993
201,569
82,638
49,027
24,264
33,907
42,157
3,566
9,640
2,841
6,210
35,204
misc current assets
1
1
9,874
6,829
5,745
total current assets
382,839
541,894
691,833
485,464
612,201
374,040
148,797
108,102
206,637
265,265
212,562
129,064
75,273
221,097
231,196
310,575
total assets
526,504
754,085
754,829
566,931
707,949
402,218
169,174
129,060
227,092
281,174
224,106
139,479
86,646
238,121
251,885
346,550
Bank overdraft
Bank loan
Trade Creditors
399,372
456,804
481,545
373,348
374,348
214,537
159,001
93,745
145,451
192,537
153,813
128,961
95,502
331,677
343,109
290,969
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
399,372
456,804
481,545
373,348
374,348
214,537
159,001
93,745
145,451
192,537
153,813
128,961
95,502
331,677
343,109
290,969
loans
hp & lease commitments
Accruals and Deferred Income
2,789
3,084
3,959
other liabilities
53,232
75,228
51,363
75,192
41,804
509
48,000
provisions
25,767
35,693
8,248
13,884
4,861
3,270
3,419
1,464
2,033
907
237
2,460
total long term liabilities
78,999
110,921
59,611
75,192
55,688
5,370
3,270
6,208
4,548
5,992
907
237
50,460
total liabilities
478,371
567,725
541,156
448,540
430,036
219,907
162,271
99,953
149,999
198,529
154,720
128,961
95,502
331,677
343,346
341,429
net assets
48,133
186,360
213,673
118,391
277,913
182,311
6,903
29,107
77,093
82,645
69,386
10,518
-8,856
-93,556
-91,461
5,121
total shareholders funds
48,133
186,360
213,673
118,391
277,913
182,311
6,903
29,107
77,093
82,645
69,386
10,518
-8,856
-93,556
-91,461
5,121
Mar 2024
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
Jul 2010
Jul 2009
Operating Activities
Operating Profit
-143,164
-35,665
115,703
-159,723
117,885
216,059
-22,387
-48,059
-5,742
16,669
76,419
25,468
114,452
-2,118
-96,686
6,191
Depreciation
36,160
27,730
17,852
20,610
19,108
5,068
5,632
4,560
3,002
2,204
1,837
5,901
3,665
14,256
6,968
Amortisation
776
Tax
-22,350
-22,425
-41,145
-3,525
-17,584
-6,118
-29,759
-1,758
Stock
-30,292
14,683
46,879
-1,012
30,289
22,430
21,835
-26,075
-24,828
12,692
-6,937
-53,523
-34,855
-53,003
209,384
Debtors
-159,615
71,177
45,067
-124,149
88,942
169,202
3,970
-65,862
-51,462
33,195
76,880
51,088
-89,460
28,125
2,618
65,987
Creditors
-57,432
-24,741
108,197
-1,000
159,811
55,536
65,256
-51,706
-47,086
38,724
24,852
33,459
-236,175
-11,432
52,140
290,969
Accruals and Deferred Income
-2,789
-295
-875
3,959
Deferred Taxes & Provisions
-9,926
27,445
8,248
-13,884
9,023
1,591
-149
1,955
-569
1,126
907
-237
-2,223
2,460
Cash flow from operations
15,545
-91,091
135,704
-28,836
164,171
45,477
14,126
-536
1,750
51,588
-2,774
10,495
-2,598
-3,392
17,872
30,235
Investing Activities
capital expenditure
32,366
-169,138
619
-6,329
-86,649
-12,869
581
-6,135
-9,106
-7,367
-3,333
-879
-250
1,030
-43,719
Change in Investments
7,787
29
cash flow from investments
32,366
-176,925
619
-6,329
-86,678
-12,869
581
-6,135
-9,106
-7,367
-3,333
-879
-250
1,030
-43,719
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-21,996
23,865
-23,829
33,388
41,295
509
-48,000
48,000
share issue
600
interest
4,937
8,352
1,929
201
142
494
183
73
190
114
33
24
7
23
104
88
cash flow from financing
-17,059
32,217
-21,900
33,589
41,437
1,003
183
73
190
114
33
24
7
23
-47,896
48,688
cash and cash equivalents
cash
30,852
-235,799
114,423
-1,576
118,931
33,611
24,763
-9,643
-8,250
38,591
-6,074
9,640
-2,841
-3,369
-28,994
35,204
overdraft
change in cash
30,852
-235,799
114,423
-1,576
118,931
33,611
24,763
-9,643
-8,250
38,591
-6,074
9,640
-2,841
-3,369
-28,994
35,204
rapier systems 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 rapier systems limited. Get real-time insights into rapier systems limited's credit score, group structure and payment trends.
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rapier systems limited Ownership
RAPIER SYSTEMS LIMITED group structure
Rapier Systems Limited has no subsidiary companies.
Ultimate parent company
RAPIER SYSTEMS LIMITED
04821724
RAPIER SYSTEMS LIMITED Shareholders
The largest shareholders in Rapier Systems Limited include Richard Anderson and Stuart Wilson.
richard anderson
50%
stuart wilson
50%
rapier systems limited directors
Rapier Systems Limited currently has 1 director, Mr Richard Watson serving since Apr 2012.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
48.1k
-0.74%
total assets
526.5k
-0.3%
cash
109.5k
+0.39%
net assets
Total assets minus all liabilities
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rapier systems limited company details
company number
04821724
Type
Private limited with Share Capital
industry
61200 - Wireless telecommunications activities
incorporation date
July 2003
age
22
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
THURSFIELDS ACCOUNTANCY LIMITED
auditor
-
address
145-157 st. john street, london, EC1V 4PW
Bank
-
Legal Advisor
-
rapier 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 rapier systems limited.
rapier systems limited Capital Raised & Share Issues BETA
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rapier systems limitedCompanies House Filings - See Documents
