river global plc
river global plc Company Information
Company Number
04966347
Next Accounts
Mar 2025
Shareholders
-
Group Structure
View All
Industry
Activities of open-ended investment companies
+2Registered Address
30 coleman street, london, EC2R 5AL
Website
www.assetco.comriver global plc Estimated Valuation
Pomanda estimates the enterprise value of RIVER GLOBAL PLC at £29.3m based on a Turnover of £15m and 1.95x industry multiple (adjusted for size and gross margin).
river global plc Estimated Valuation
Pomanda estimates the enterprise value of RIVER GLOBAL PLC at £10.7m based on an EBITDA of £1.3m and a 8.15x industry multiple (adjusted for size and gross margin).
river global plc Estimated Valuation
Pomanda estimates the enterprise value of RIVER GLOBAL PLC at £90.2m based on Net Assets of £53.9m and 1.67x industry multiple (adjusted for liquidity).
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River Global Plc Overview
River Global Plc is a live company located in london, EC2R 5AL with a Companies House number of 04966347. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in November 2003, it's largest shareholder is unknown. River Global Plc is a mature, mid sized company, Pomanda has estimated its turnover at £15m with unknown growth in recent years.
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River Global Plc Health Check
Pomanda's financial health check has awarded River Global Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
3 Weak
Size
annual sales of £15m, make it larger than the average company (£11.2m)
£15m - River Global Plc
£11.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- River Global Plc
- - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (57.5%)
100% - River Global Plc
57.5% - Industry AVG
Profitability
an operating margin of -80.9% make it less profitable than the average company (9.2%)
-80.9% - River Global Plc
9.2% - Industry AVG
Employees
with 125 employees, this is above the industry average (62)
125 - River Global Plc
62 - Industry AVG
Pay Structure
on an average salary of £123.4k, the company has a higher pay structure (£74.3k)
£123.4k - River Global Plc
£74.3k - Industry AVG
Efficiency
resulting in sales per employee of £119.8k, this is less efficient (£208.4k)
£119.8k - River Global Plc
£208.4k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (43 days)
9 days - River Global Plc
43 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - River Global Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - River Global Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 80 weeks, this is more cash available to meet short term requirements (28 weeks)
80 weeks - River Global Plc
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.4%, this is a lower level of debt than the average (52.8%)
25.4% - River Global Plc
52.8% - Industry AVG
RIVER GLOBAL PLC financials
River Global Plc's latest turnover from September 2023 is £15 million and the company has net assets of £53.9 million. According to their latest financial statements, River Global Plc has 125 employees and maintains cash reserves of £25.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,979,000 | 6,285,000 | 408,000 | 5,345,000 | 22,888,000 | 24,881,000 | 23,300,000 | 21,660,000 | 14,634,000 | 17,647,000 | 35,725,000 | 49,005,000 | 26,216,000 | |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 536,000 | 4,237,000 | 16,645,000 | 17,738,000 | 16,550,000 | 15,564,000 | 10,865,000 | 13,714,000 | 22,721,000 | 26,853,000 | 18,451,000 | |||
| Gross Profit | 14,979,000 | 6,285,000 | -128,000 | 1,108,000 | 6,243,000 | 7,143,000 | 6,750,000 | 6,096,000 | 3,769,000 | 3,933,000 | 13,004,000 | 22,152,000 | 7,765,000 | |
| Admin Expenses | 27,093,000 | 27,429,000 | -14,421,000 | -3,405,000 | 1,810,000 | 4,746,000 | 4,891,000 | 1,874,000 | 1,647,000 | 1,169,000 | 2,195,000 | 6,902,000 | 33,588,000 | 19,139,000 |
| Operating Profit | -12,114,000 | -21,144,000 | 14,293,000 | 3,405,000 | -702,000 | 1,497,000 | 2,252,000 | 4,876,000 | 4,449,000 | 2,600,000 | 1,738,000 | 6,102,000 | -11,436,000 | -11,374,000 |
| Interest Payable | 510,000 | 10,000 | 8,000 | 62,000 | 70,000 | 83,000 | 87,000 | 294,000 | 459,000 | 356,000 | 526,000 | 3,316,000 | 8,921,000 | 7,213,000 |
| Interest Receivable | 74,000 | 12,393,000 | 1,844,000 | 9,000 | 5,000 | 8,000 | 21,000 | 23,000 | 9,000 | 47,000 | 70,000 | 57,000 | 416,000 | |
| Pre-Tax Profit | -12,902,000 | -5,353,000 | 16,129,000 | 3,361,000 | -763,000 | 1,419,000 | 2,173,000 | 4,603,000 | 4,013,000 | 2,253,000 | 1,259,000 | 84,324,000 | -22,197,000 | -16,883,000 |
| Tax | 195,000 | 59,000 | -1,442,000 | -1,096,000 | -1,089,000 | |||||||||
| Profit After Tax | -12,707,000 | -5,294,000 | 14,687,000 | 3,361,000 | -763,000 | 1,419,000 | 2,173,000 | 4,603,000 | 4,013,000 | 2,253,000 | 1,259,000 | 83,228,000 | -22,197,000 | -17,972,000 |
| Dividends Paid | 1,798,000 | 1,140,000 | ||||||||||||
| Retained Profit | -28,497,000 | -8,541,000 | 14,796,000 | 3,361,000 | -763,000 | 1,419,000 | 2,173,000 | 4,603,000 | 4,013,000 | 2,253,000 | 1,259,000 | 165,016,000 | -22,807,000 | -24,408,000 |
| Employee Costs | 15,429,000 | 15,160,000 | 7,014,000 | 425,000 | 4,401,000 | 15,853,000 | 16,766,000 | 14,728,000 | 12,704,000 | 9,933,000 | 9,171,000 | 12,701,000 | 20,202,000 | 6,517,000 |
| Number Of Employees | 125 | 68 | 11 | 5 | 68 | 238 | 240 | 238 | 228 | 193 | 183 | 287 | 243 | 141 |
| EBITDA* | 1,312,000 | -20,716,000 | 14,303,000 | 3,405,000 | -676,000 | 1,497,000 | 2,252,000 | 4,876,000 | 4,461,000 | 2,622,000 | 1,764,000 | 9,112,000 | -5,270,000 | -10,030,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,724,000 | 25,099,000 | 295,000 | 1,225,000 | 233,000 | 240,000 | 2,802,000 | 2,494,000 | 2,543,000 | 2,116,000 | 28,558,000 | 28,865,000 | ||
| Intangible Assets | 15,029,000 | 24,824,000 | 20,067,000 | 100,000 | 564,000 | |||||||||
| Investments & Other | 24,626,000 | 23,859,000 | 279,000 | 233,000 | 240,000 | 2,802,000 | 2,482,000 | 2,489,000 | 2,042,000 | 4,226,000 | 725,000 | |||
| Debtors (Due After 1 year) | 1,208,000 | |||||||||||||
| Total Fixed Assets | 39,753,000 | 49,923,000 | 20,362,000 | 1,225,000 | 233,000 | 240,000 | 2,802,000 | 2,494,000 | 2,543,000 | 2,116,000 | 28,658,000 | 29,429,000 | ||
| Stock & work in progress | 333,000 | 29,000 | 377,000 | 291,000 | 201,000 | |||||||||
| Trade Debtors | 377,000 | 1,441,000 | 216,000 | 11,054,000 | 11,106,000 | 5,649,000 | 5,132,000 | 3,676,000 | 2,579,000 | 3,059,000 | 4,744,000 | |||
| Group Debtors | ||||||||||||||
| Misc Debtors | 5,430,000 | 8,259,000 | 391,000 | 4,683,000 | 168,000 | 15,997,000 | 10,685,000 | 1,392,000 | 980,000 | 1,088,000 | 839,000 | 3,259,000 | 10,408,000 | 1,046,000 |
| Cash | 25,573,000 | 43,066,000 | 26,902,000 | 28,918,000 | 20,588,000 | 17,741,000 | 21,632,000 | 18,510,000 | 12,847,000 | 5,787,000 | 4,134,000 | 7,308,000 | 9,395,000 | 2,597,000 |
| misc current assets | 13,000 | 37,000 | 12,000,000 | 2,509,000 | 2,489,000 | 6,921,000 | ||||||||
| total current assets | 32,552,000 | 53,976,000 | 39,512,000 | 33,601,000 | 31,810,000 | 33,738,000 | 32,317,000 | 31,008,000 | 19,476,000 | 14,849,000 | 11,167,000 | 13,523,000 | 23,153,000 | 15,509,000 |
| total assets | 72,305,000 | 103,899,000 | 59,874,000 | 33,601,000 | 31,810,000 | 34,963,000 | 32,550,000 | 31,248,000 | 22,278,000 | 17,343,000 | 13,710,000 | 15,639,000 | 51,811,000 | 44,938,000 |
| Bank overdraft | 78,166,000 | 14,912,000 | ||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 655,000 | 1,135,000 | 300,000 | 102,000 | 166,000 | 1,003,000 | 878,000 | 580,000 | 229,000 | 1,108,000 | 3,801,000 | 946,000 | 21,546,000 | 1,816,000 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | 7,000,000 | 100,000 | ||||||||||||
| hp & lease commitments | 697,000 | 294,000 | ||||||||||||
| other current liabilities | 8,156,000 | 12,952,000 | 3,109,000 | 1,154,000 | 1,789,000 | 3,990,000 | 3,881,000 | 4,612,000 | 2,454,000 | 1,519,000 | 5,812,000 | 15,990,000 | 26,719,000 | |
| total current liabilities | 16,508,000 | 14,481,000 | 3,409,000 | 1,256,000 | 1,955,000 | 4,993,000 | 4,759,000 | 5,192,000 | 2,683,000 | 2,627,000 | 3,801,000 | 6,758,000 | 115,702,000 | 43,447,000 |
| loans | 1,900,000 | 142,734,000 | ||||||||||||
| hp & lease commitments | 950,000 | |||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 1,810,000 | 2,140,000 | 98,000 | 22,742,000 | 22,798,000 | |||||||||
| total long term liabilities | 1,855,000 | 1,070,000 | 49,000 | 11,371,000 | 86,866,000 | |||||||||
| total liabilities | 18,363,000 | 15,551,000 | 3,458,000 | 1,256,000 | 1,955,000 | 4,993,000 | 4,759,000 | 5,192,000 | 2,683,000 | 2,627,000 | 3,801,000 | 6,758,000 | 127,073,000 | 130,313,000 |
| net assets | 53,942,000 | 88,348,000 | 56,416,000 | 32,345,000 | 29,855,000 | 29,970,000 | 27,791,000 | 26,056,000 | 19,595,000 | 14,716,000 | 9,909,000 | 8,881,000 | -75,262,000 | -85,375,000 |
| total shareholders funds | 53,942,000 | 88,348,000 | 56,416,000 | 32,345,000 | 29,855,000 | 29,970,000 | 27,791,000 | 26,056,000 | 19,595,000 | 14,716,000 | 9,909,000 | 8,881,000 | -75,262,000 | -85,375,000 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -12,114,000 | -21,144,000 | 14,293,000 | 3,405,000 | -702,000 | 1,497,000 | 2,252,000 | 4,876,000 | 4,449,000 | 2,600,000 | 1,738,000 | 6,102,000 | -11,436,000 | -11,374,000 |
| Depreciation | 28,000 | 14,000 | 2,000 | 26,000 | 12,000 | 22,000 | 26,000 | 2,943,000 | 5,982,000 | 1,121,000 | ||||
| Amortisation | 13,398,000 | 414,000 | 8,000 | 67,000 | 184,000 | 223,000 | ||||||||
| Tax | 195,000 | 59,000 | -1,442,000 | -1,096,000 | -1,089,000 | |||||||||
| Stock | -333,000 | 304,000 | -348,000 | 86,000 | 90,000 | 201,000 | ||||||||
| Debtors | -5,101,000 | 10,301,000 | -4,076,000 | -6,539,000 | -4,775,000 | 5,312,000 | -1,813,000 | 5,869,000 | 409,000 | 1,705,000 | -1,323,000 | -7,629,000 | 7,677,000 | 5,790,000 |
| Creditors | -480,000 | 835,000 | 198,000 | -64,000 | -837,000 | 125,000 | 298,000 | 351,000 | -879,000 | -2,693,000 | 2,855,000 | -20,600,000 | 19,730,000 | 1,816,000 |
| Accruals and Deferred Income | -4,796,000 | 9,843,000 | 1,955,000 | -635,000 | -2,201,000 | 109,000 | -731,000 | 2,158,000 | 935,000 | 1,519,000 | -5,812,000 | -10,178,000 | -10,729,000 | 26,719,000 |
| Deferred Taxes & Provisions | -330,000 | 2,042,000 | 98,000 | -22,742,000 | -56,000 | 22,798,000 | ||||||||
| Cash flow from operations | 1,002,000 | -18,238,000 | 19,188,000 | 9,245,000 | 1,061,000 | -3,581,000 | 3,632,000 | 1,516,000 | 4,441,000 | -561,000 | 478,000 | -37,961,000 | -4,092,000 | 34,223,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 767,000 | 23,580,000 | 279,000 | -233,000 | -7,000 | -2,562,000 | 320,000 | -7,000 | 447,000 | -2,184,000 | 3,501,000 | 725,000 | ||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | 6,900,000 | 100,000 | ||||||||||||
| Long term loans | 1,900,000 | -142,734,000 | 142,734,000 | |||||||||||
| Hire Purchase and Lease Commitments | 1,353,000 | 294,000 | ||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -436,000 | 12,383,000 | 1,836,000 | -62,000 | -61,000 | -78,000 | -79,000 | -273,000 | -436,000 | -347,000 | -479,000 | -3,246,000 | -8,864,000 | -6,797,000 |
| cash flow from financing | 3,808,000 | 53,250,000 | 11,111,000 | -933,000 | 587,000 | 682,000 | -517,000 | 1,585,000 | 430,000 | 2,207,000 | -710,000 | -84,119,000 | -118,678,000 | 74,970,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -17,493,000 | 16,164,000 | -2,016,000 | 8,330,000 | 2,847,000 | -3,891,000 | 3,122,000 | 5,663,000 | 7,060,000 | 1,653,000 | -3,174,000 | -2,087,000 | 6,798,000 | 2,597,000 |
| overdraft | -78,166,000 | 63,254,000 | 14,912,000 | |||||||||||
| change in cash | -17,493,000 | 16,164,000 | -2,016,000 | 8,330,000 | 2,847,000 | -3,891,000 | 3,122,000 | 5,663,000 | 7,060,000 | 1,653,000 | -3,174,000 | 76,079,000 | -56,456,000 | -12,315,000 |
river global plc Credit Report and Business Information
River Global Plc Competitor Analysis
Perform a competitor analysis for river global plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC2R area or any other competitors across 12 key performance metrics.
river global plc Ownership
RIVER GLOBAL PLC group structure
River Global Plc has 10 subsidiary companies.
Ultimate parent company
RIVER GLOBAL PLC
04966347
10 subsidiaries
river global plc directors
River Global Plc currently has 5 directors. The longest serving directors include Mr Tudor Davies (Mar 2011) and Mr Christopher Mills (Mar 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tudor Davies | 73 years | Mar 2011 | - | Director | |
| Mr Christopher Mills | United Kingdom | 72 years | Mar 2011 | - | Director |
| Mr Martin Gilbert | England | 69 years | Jan 2021 | - | Director |
| Mr Jonathan Dawson | 73 years | Jun 2022 | - | Director | |
| Mr Gary Marshall | United Kingdom | 63 years | Oct 2022 | - | Director |
P&L
September 2023turnover
15m
+138%
operating profit
-12.1m
-43%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
53.9m
-0.39%
total assets
72.3m
-0.3%
cash
25.6m
-0.41%
net assets
Total assets minus all liabilities
Similar Companies
river global plc company details
company number
04966347
Type
Public limited with Share Capital
industry
70100 - Activities of head offices
64304 - Activities of open-ended investment companies
64205 - Activities of financial services holding companies
incorporation date
November 2003
age
22
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2023
previous names
assetco plc (March 2025)
asfare group plc (March 2007)
accountant
-
auditor
BDO LLP
address
30 coleman street, london, EC2R 5AL
Bank
-
Legal Advisor
-
river global plc 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 3 charges/mortgages relating to river global plc. Currently there are 0 open charges and 3 have been satisfied in the past.
river global plc 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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river global plc Companies House Filings - See Documents
| date | description | view/download |
|---|
