Pomanda estimates the enterprise value of R S K TYRES LIMITED at £437k based on a Turnover of £1.6m and 0.27x industry multiple (adjusted for size and gross margin).
r s k tyres limitedEstimated Valuation
£124.9k
Pomanda estimates the enterprise value of R S K TYRES LIMITED at £124.9k based on an EBITDA of £32.2k and a 3.88x industry multiple (adjusted for size and gross margin).
r s k tyres limitedEstimated Valuation
£349.4k
Pomanda estimates the enterprise value of R S K TYRES LIMITED at £349.4k based on Net Assets of £125.3k and 2.79x industry multiple (adjusted for liquidity).
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R S K Tyres LimitedOverview
R S K Tyres Limited is a live company located in essex, IG2 7JD with a Companies House number of 05162308. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in June 2004, it's largest shareholder is
ihtsham hussain
with a 34% stake. R S K Tyres Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.6m with
high
growth in recent years.
Pomanda's financial health check has awarded R S K Tyres Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.6m, make it larger than the average company (£355.2k)
£1.6m - R S K Tyres Limited
£355.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (12.2%)
17% - R S K Tyres Limited
12.2% - Industry AVG
Production
with a gross margin of 36.6%, this company has a comparable cost of product (36.6%)
36.6% - R S K Tyres Limited
36.6% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (6.2%)
0.7% - R S K Tyres Limited
6.2% - Industry AVG
Employees
with 24 employees, this is above the industry average (6)
24 - R S K Tyres Limited
6 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)
£29.9k - R S K Tyres Limited
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £68.2k, this is less efficient (£99.9k)
£68.2k - R S K Tyres Limited
£99.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - R S K Tyres Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (42 days)
12 days - R S K Tyres Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 105 days, this is more than average (25 days)
105 days - R S K Tyres Limited
25 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - R S K Tyres Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.3%, this is a similar level of debt than the average (65.4%)
68.3% - R S K Tyres Limited
65.4% - Industry AVG
R S K TYRES LIMITED financials
EXPORT
R S K Tyres Limited's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £125.3 thousand. According to their latest financial statements, R S K Tyres Limited has 24 employees and maintains cash reserves of £292 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
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
1,637,701
1,447,847
995,101
1,018,961
1,042,107
1,187,731
896,331
931,908
585,099
982,816
923,789
537,027
575,194
522,417
407,209
Other Income Or Grants
Cost Of Sales
1,038,615
943,035
659,309
660,949
657,389
741,629
540,924
554,178
344,499
584,926
551,313
317,185
336,648
300,199
230,404
Gross Profit
599,086
504,812
335,792
358,012
384,718
446,102
355,407
377,729
240,599
397,890
372,476
219,842
238,546
222,218
176,805
Admin Expenses
587,147
491,666
324,101
383,126
335,348
436,840
355,265
363,472
192,858
388,357
361,041
221,617
253,640
199,767
115,099
Operating Profit
11,939
13,146
11,691
-25,114
49,370
9,262
142
14,257
47,741
9,533
11,435
-1,775
-15,094
22,451
61,706
Interest Payable
8,563
8,880
4,717
1,595
123
248
195
718
1,156
2,243
3,608
3,120
2,633
1,658
341
Interest Receivable
123
93
150
22
2
22
52
25
34
54
45
47
66
80
48
Pre-Tax Profit
3,499
4,359
7,123
-26,688
49,248
9,037
13,564
46,619
7,344
7,872
-4,848
-17,661
20,873
61,413
Tax
-875
-828
-1,353
-9,357
-1,717
-2,713
-9,324
-1,542
-1,653
-5,427
-17,195
Profit After Tax
2,624
3,531
5,770
-26,688
39,891
7,320
10,851
37,295
5,802
6,219
-4,848
-17,661
15,446
44,217
Dividends Paid
Retained Profit
2,624
3,531
5,770
-26,688
39,891
7,320
10,851
37,295
5,802
6,219
-4,848
-17,661
15,446
44,217
Employee Costs
717,972
652,639
405,291
499,613
466,251
456,460
429,081
459,039
184,997
265,799
237,304
157,919
174,129
144,169
117,867
Number Of Employees
24
24
15
19
17
16
16
17
7
10
9
6
7
6
5
EBITDA*
32,169
41,432
47,090
-10,807
66,846
23,556
11,889
21,309
56,758
18,194
25,326
15,328
5,778
47,964
79,894
* 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
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
93,057
112,619
140,905
56,304
70,611
76,606
60,708
34,050
41,102
49,744
57,280
69,671
86,774
105,754
64,502
Intangible Assets
375
1,500
3,000
3,000
4,500
6,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
93,057
112,619
140,905
56,304
70,611
76,606
60,708
34,050
41,102
50,119
58,780
72,671
89,774
110,254
70,502
Stock & work in progress
301,560
210,950
151,125
135,250
157,765
157,765
132,765
127,569
130,730
130,550
123,525
122,325
115,526
109,361
75,650
Trade Debtors
310
211
931
2,975
Group Debtors
Misc Debtors
13,379
20,000
Cash
292
4,399
39,971
3,425
5,994
14,979
4,756
8,812
12,813
5,221
13,571
12,737
19,176
misc current assets
total current assets
301,852
228,728
171,125
175,221
161,190
157,765
138,759
142,548
135,486
139,362
136,338
127,856
129,308
123,029
97,801
total assets
394,909
341,347
312,030
231,525
231,801
234,371
199,467
176,598
176,588
189,481
195,118
200,527
219,082
233,283
168,303
Bank overdraft
44,919
50,871
46,369
535
1,768
2,275
5,070
916
4,585
Bank loan
Trade Creditors
34,351
33,269
43,214
12,035
11,894
84,527
10,681
515
11,778
117,126
86,565
101,448
119,441
91,704
85,424
Group/Directors Accounts
46,884
42,490
14,835
other short term finances
hp & lease commitments
other current liabilities
109,390
55,733
60,494
48,973
67,174
29,118
15,021
34,356
40,436
total current liabilities
188,660
139,873
150,077
61,543
80,836
115,920
77,656
78,277
71,634
117,126
86,565
101,448
119,441
91,704
85,424
loans
23,274
33,173
42,858
50,000
17,484
13,500
55,500
55,500
40,500
40,500
10,500
hp & lease commitments
18,329
29,009
Accruals and Deferred Income
other liabilities
57,725
45,675
6,657
10,952
8,680
8,680
5,425
16,139
40,416
27,162
provisions
total long term liabilities
80,999
78,848
42,858
56,657
10,952
18,329
29,009
17,484
22,180
64,180
60,925
56,639
80,916
37,662
total liabilities
269,659
218,721
192,935
118,200
91,788
134,249
106,665
78,277
89,118
139,306
150,745
162,373
176,080
172,620
123,086
net assets
125,250
122,626
119,095
113,325
140,013
100,122
92,802
98,321
87,470
50,175
44,373
38,154
43,002
60,663
45,217
total shareholders funds
125,250
122,626
119,095
113,325
140,013
100,122
92,802
98,321
87,470
50,175
44,373
38,154
43,002
60,663
45,217
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
11,939
13,146
11,691
-25,114
49,370
9,262
142
14,257
47,741
9,533
11,435
-1,775
-15,094
22,451
61,706
Depreciation
20,230
28,286
35,399
14,307
17,476
14,294
11,747
7,052
8,642
7,536
12,391
17,103
19,372
24,013
16,688
Amortisation
375
1,125
1,500
1,500
1,500
1,500
Tax
-875
-828
-1,353
-9,357
-1,717
-2,713
-9,324
-1,542
-1,653
-5,427
-17,195
Stock
90,610
59,825
15,875
-22,515
25,000
5,196
-3,161
180
7,025
1,200
6,799
6,165
33,711
75,650
Debtors
-13,379
-6,621
20,000
-310
99
-720
-2,044
2,975
Creditors
1,082
-9,945
31,179
141
-72,633
73,846
10,166
-11,263
-105,348
30,561
-14,883
-17,993
27,737
6,280
85,424
Accruals and Deferred Income
53,657
-4,761
11,521
-18,201
38,056
14,097
-19,335
-6,080
40,436
Deferred Taxes & Provisions
Cash flow from operations
8,802
-27,306
52,562
-6,352
22,912
84,782
-2,476
4,414
-17,658
40,188
7,900
-9,563
28,070
17,150
69,498
Investing Activities
capital expenditure
-668
-120,000
-11,481
-30,192
-38,405
-392
-65,265
-88,690
Change in Investments
cash flow from investments
-668
-120,000
-11,481
-30,192
-38,405
-392
-65,265
-88,690
Financing Activities
Bank loans
Group/Directors Accounts
-46,884
4,394
27,655
14,835
Other Short Term Loans
Long term loans
-9,899
-9,685
-7,142
50,000
-17,484
3,984
-42,000
15,000
30,000
10,500
Hire Purchase and Lease Commitments
-18,329
-10,680
29,009
other long term liabilities
12,050
45,675
-6,657
-4,295
10,952
-8,680
3,255
-10,714
-24,277
13,254
27,162
share issue
-5,519
1,000
interest
-8,440
-8,787
-4,567
-1,573
-121
-226
-143
-693
-1,122
-2,189
-3,563
-3,073
-2,567
-1,578
-293
cash flow from financing
-6,289
27,203
-18,366
44,132
-7,498
-57,790
27,741
9,478
9,017
-44,189
-308
1,213
-26,844
41,676
38,369
cash and cash equivalents
cash
-4,107
4,399
-39,971
36,546
3,425
-5,994
-8,985
10,223
-4,056
-4,001
7,592
-8,350
834
-6,439
19,176
overdraft
-5,952
4,502
45,834
-1,233
-507
-2,795
4,154
-3,669
4,585
change in cash
1,845
-103
-85,805
37,779
3,932
-3,199
-13,139
13,892
-8,641
-4,001
7,592
-8,350
834
-6,439
19,176
r s k tyres 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 r s k tyres limited. Get real-time insights into r s k tyres limited's credit score, group structure and payment trends.
Perform a competitor analysis for r s k tyres limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in IG2 area or any other competitors across 12 key performance metrics.
962 eastern avenue, newbury park, ilford, essex, IG2 7JD
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r s k tyres 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 r s k tyres limited.
r s k tyres limited Capital Raised & Share Issues BETA
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r s k tyres limitedCompanies House Filings - See Documents
