ramcore operations limited
ramcore operations limited Company Information
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
2nd floor, kingsbourne house, 229-231 high holborn, london, WC1V 7DA
Website
http://encoreipswich.co.ukramcore operations limited Estimated Valuation
Pomanda estimates the enterprise value of RAMCORE OPERATIONS LIMITED at £3.2m based on a Turnover of £2.8m and 1.15x industry multiple (adjusted for size and gross margin).
ramcore operations limited Estimated Valuation
Pomanda estimates the enterprise value of RAMCORE OPERATIONS LIMITED at £418.9k based on an EBITDA of £91k and a 4.6x industry multiple (adjusted for size and gross margin).
ramcore operations limited Estimated Valuation
Pomanda estimates the enterprise value of RAMCORE OPERATIONS LIMITED at £9.6m based on Net Assets of £4.6m and 2.09x industry multiple (adjusted for liquidity).
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Ramcore Operations Limited Overview
Ramcore Operations Limited is a live company located in london, WC1V 7DA with a Companies House number of 05340129. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in January 2005, it's largest shareholder is ramcore hotels ltd with a 100% stake. Ramcore Operations Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with high growth in recent years.
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Ramcore Operations Limited Health Check
Pomanda's financial health check has awarded Ramcore Operations Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £2.8m, make it smaller than the average company (£5.5m)
£2.8m - Ramcore Operations Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (11.9%)
15% - Ramcore Operations Limited
11.9% - Industry AVG
Production
with a gross margin of 64.1%, this company has a comparable cost of product (64.1%)
64.1% - Ramcore Operations Limited
64.1% - Industry AVG
Profitability
an operating margin of 3.3% make it less profitable than the average company (8.2%)
3.3% - Ramcore Operations Limited
8.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (82)
2 - Ramcore Operations Limited
82 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Ramcore Operations Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£75.8k)
£1.4m - Ramcore Operations Limited
£75.8k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is later than average (7 days)
37 days - Ramcore Operations Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (45 days)
19 days - Ramcore Operations Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ramcore Operations Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ramcore Operations Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.9%, this is a higher level of debt than the average (76.5%)
85.9% - Ramcore Operations Limited
76.5% - Industry AVG
RAMCORE OPERATIONS LIMITED financials
Ramcore Operations Limited's latest turnover from December 2023 is £2.8 million and the company has net assets of £4.6 million. According to their latest financial statements, Ramcore Operations Limited has 2 employees and maintains cash reserves of 0 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 | Jan 2014 | Dec 2012 | Oct 2011 | Oct 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,794,587 | 2,794,587 | 2,794,587 | 1,814,667 | 11,519,545 | 11,365,230 | 11,029,636 | 10,462,869 | 9,088,741 | 8,142,804 | 7,645,982 | 8,916,882 | 7,194,085 | 6,727,039 | 3,785,696 |
| Other Income Or Grants | 96,741 | ||||||||||||||
| Cost Of Sales | 9,853,649 | 10,204,358 | 9,865,214 | 9,428,164 | 8,419,005 | 8,953,054 | 6,444,584 | 6,229,229 | 4,804,853 | 4,483,816 | 2,600,905 | ||||
| Gross Profit | 2,891,328 | 2,794,587 | 1,814,667 | 1,665,896 | 1,160,872 | 1,164,422 | 1,034,705 | 669,736 | -810,250 | 1,201,398 | 2,687,653 | 2,389,232 | 2,243,223 | 1,184,791 | |
| Admin Expenses | 2,406,596 | 2,482,061 | -3,850,554 | 377,520 | 364,122 | 348,903 | 377,075 | 484,525 | 285,423 | 1,243,198 | 1,006,108 | 1,326,957 | 1,388,552 | 1,404,104 | |
| Operating Profit | 91,000 | 484,732 | 312,526 | 5,665,221 | 1,288,376 | 796,750 | 815,519 | 657,630 | 185,211 | -1,095,673 | -41,800 | 1,681,545 | 1,062,275 | 854,671 | -219,313 |
| Interest Payable | 220,700 | 1,664,932 | 2,233,200 | 1,324,200 | 1,323,578 | ||||||||||
| Interest Receivable | 13 | 2 | 15 | 10 | 92 | 30 | 134 | 906 | 1,436 | ||||||
| Pre-Tax Profit | 91,013 | 484,734 | 312,541 | 4,957,569 | 1,288,468 | 796,750 | 815,519 | 657,630 | 185,211 | -1,095,673 | -262,470 | 16,613 | -1,170,791 | -468,623 | -1,644,689 |
| Tax | -46,382 | -489,903 | -1,072,753 | 54,336 | -392,313 | -253,499 | 521,856 | 147,579 | -273,694 | ||||||
| Profit After Tax | 44,631 | -5,169 | -760,212 | 5,011,905 | 896,155 | 543,251 | 1,337,375 | 657,630 | 185,211 | -1,095,673 | -262,470 | 16,613 | -1,170,791 | -321,044 | -1,918,383 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 44,631 | -5,169 | -760,212 | 5,011,905 | 896,155 | 543,251 | 1,337,375 | 657,630 | 185,211 | -1,095,673 | -262,470 | 16,613 | -1,170,791 | -321,044 | -1,918,383 |
| Employee Costs | 2,037,366 | 2,192,874 | 1,938,527 | 2,076,508 | 1,844,435 | 1,987,480 | 1,721,492 | 1,955,463 | 1,535,820 | 1,456,099 | 915,366 | ||||
| Number Of Employees | 2 | 106 | 130 | 113 | 101 | 99 | 101 | 80 | 80 | 98 | 90 | 44 | |||
| EBITDA* | 91,000 | 484,732 | 312,526 | 5,665,221 | 2,745,959 | 2,300,759 | 2,186,442 | 2,085,542 | 1,475,186 | 36,073 | 559,547 | 2,455,290 | 1,737,899 | 1,611,447 | 223,287 |
* 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 | Jan 2014 | Dec 2012 | Oct 2011 | Oct 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 26,729,713 | 28,381,768 | 29,957,040 | 30,014,966 | 29,865,477 | 29,737,935 | 28,821,898 | 28,127,212 | 28,900,957 | 33,200,000 | 36,148,008 | ||||
| Intangible Assets | 5,229 | 1,921 | 3,836 | 8,088 | 35,459 | 37,151 | |||||||||
| Investments & Other | 31,600,016 | 32,300,016 | 32,700,000 | 32,100,000 | |||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 31,600,016 | 32,300,016 | 32,700,000 | 32,100,000 | 26,734,942 | 28,383,689 | 29,960,876 | 30,023,054 | 29,900,936 | 29,775,086 | 28,821,898 | 28,127,212 | 28,900,957 | 33,200,000 | 36,148,008 |
| Stock & work in progress | 89,013 | 78,082 | 73,570 | 79,071 | 54,943 | 107,984 | 26,644 | 25,853 | 25,579 | 23,390 | 20,998 | ||||
| Trade Debtors | 286,421 | 1,601,485 | 1,738,153 | 655,996 | 454,026 | 396,985 | 530,737 | 501,391 | 522,365 | 685,955 | 521,768 | 405,175 | 405,731 | 402,836 | 323,793 |
| Group Debtors | 2,543,163 | 1,063,889 | 296 | 233,944 | |||||||||||
| Misc Debtors | 682,055 | 145,174 | 72,806 | 221 | 288,040 | 278,936 | 281,878 | 280,835 | 234,133 | 75,208 | 257,806 | 210,423 | 96,658 | 197,349 | 139,475 |
| Cash | 377,180 | 251,895 | 245,082 | 1,429,283 | 388,997 | 539,614 | 382,440 | 1,029,032 | 1,060,167 | 328,303 | 23,159 | 526,311 | 576,556 | 1,767,441 | |
| misc current assets | 126,785 | ||||||||||||||
| total current assets | 968,476 | 2,123,839 | 2,062,854 | 1,028,084 | 4,803,525 | 2,206,889 | 1,426,095 | 1,243,737 | 2,074,417 | 1,929,314 | 1,134,521 | 664,610 | 1,054,279 | 1,200,131 | 2,251,707 |
| total assets | 32,568,492 | 34,423,855 | 34,762,854 | 33,128,084 | 31,538,467 | 30,590,578 | 31,386,971 | 31,266,791 | 31,975,353 | 31,704,400 | 29,956,419 | 28,791,822 | 29,955,236 | 34,400,131 | 38,399,715 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 54,380 | 1,017 | 10,688 | 25,607 | 443,531 | 214,173 | 423,521 | 35,339,019 | 555,690 | 1,220,728 | 1,149,799 | 242,284 | 101,968 | 283,629 | 371,436 |
| Group/Directors Accounts | 29,912,741 | 28,579,826 | 31,142,862 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 67,495 | 1,122,309 | 1,883,179 | 806,193 | 1,247,521 | 32,568,007 | 33,698,303 | 36,149,421 | 1,592,769 | 1,105,061 | 134,171 | 778,221 | 1,062,791 | 1,185,489 | |
| total current liabilities | 121,875 | 1,123,326 | 31,806,608 | 29,411,626 | 32,833,914 | 32,782,180 | 34,121,824 | 35,339,019 | 36,705,111 | 2,813,497 | 2,254,860 | 376,455 | 880,189 | 1,346,420 | 1,556,925 |
| loans | 27,857,931 | 28,756,474 | 33,805,972 | 31,520,955 | 31,399,693 | 32,023,932 | 31,127,379 | 32,352,128 | |||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 572,600 | 624,654 | 676,708 | 728,762 | |||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,592,978 | ||||||||||||||
| total long term liabilities | 27,857,931 | 30,349,452 | 33,805,972 | 31,520,955 | 31,972,293 | 32,648,586 | 31,804,087 | 33,080,890 | |||||||
| total liabilities | 27,979,806 | 31,472,778 | 31,806,608 | 29,411,626 | 32,833,914 | 32,782,180 | 34,121,824 | 35,339,019 | 36,705,111 | 36,619,469 | 33,775,815 | 32,348,748 | 33,528,775 | 33,150,507 | 34,637,815 |
| net assets | 4,588,686 | 2,951,077 | 2,956,246 | 3,716,458 | -1,295,447 | -2,191,602 | -2,734,853 | -4,072,228 | -4,729,758 | -4,915,069 | -3,819,396 | -3,556,926 | -3,573,539 | 1,249,624 | 3,761,900 |
| total shareholders funds | 4,588,686 | 2,951,077 | 2,956,246 | 3,716,458 | -1,295,447 | -2,191,602 | -2,734,853 | -4,072,228 | -4,729,758 | -4,915,069 | -3,819,396 | -3,556,926 | -3,573,539 | 1,249,624 | 3,761,900 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jan 2014 | Dec 2012 | Oct 2011 | Oct 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 91,000 | 484,732 | 312,526 | 5,665,221 | 1,288,376 | 796,750 | 815,519 | 657,630 | 185,211 | -1,095,673 | -41,800 | 1,681,545 | 1,062,275 | 854,671 | -219,313 |
| Depreciation | 1,455,006 | 1,502,094 | 1,360,925 | 1,393,020 | 1,268,972 | 1,127,336 | 601,347 | 773,745 | 675,624 | 756,776 | 442,600 | ||||
| Amortisation | 2,577 | 1,915 | 9,998 | 34,892 | 21,003 | 4,410 | |||||||||
| Tax | -46,382 | -489,903 | -1,072,753 | 54,336 | -392,313 | -253,499 | 521,856 | 147,579 | -273,694 | ||||||
| Stock | -89,013 | 10,931 | 4,512 | -5,501 | 24,128 | -53,041 | 107,984 | 26,644 | 274 | 2,189 | 2,392 | 20,998 | |||
| Debtors | -778,183 | -64,300 | 1,154,742 | -2,629,012 | 1,545,419 | 926,899 | 30,685 | -208,216 | 229,279 | 761,163 | 779,574 | 113,209 | -97,796 | 136,917 | 463,268 |
| Creditors | 53,363 | -9,671 | -14,919 | -417,924 | 229,358 | -209,348 | -34,915,498 | 34,783,329 | -665,038 | 1,220,728 | 1,149,799 | 140,316 | -181,661 | -87,807 | 371,436 |
| Accruals and Deferred Income | -1,054,814 | -760,870 | 1,076,986 | -441,328 | -31,320,486 | -1,130,296 | 33,698,303 | -36,149,421 | 34,556,652 | 1,592,769 | 1,105,061 | -696,104 | -336,624 | -174,752 | 1,914,251 |
| Deferred Taxes & Provisions | -1,592,978 | 1,592,978 | |||||||||||||
| Cash flow from operations | -1,771,628 | 881,566 | -852,902 | 7,578,330 | -30,293,832 | -223,795 | 1,465,919 | 903,538 | 35,190,562 | 1,980,423 | 2,008,189 | 1,786,019 | 1,315,221 | 1,357,158 | 1,751,014 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -700,000 | -399,984 | 600,000 | 32,100,000 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -29,912,741 | 1,332,915 | -2,563,036 | 31,142,862 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -898,543 | 28,756,474 | -33,805,972 | 33,805,972 | 31,520,955 | -624,239 | 896,553 | -1,224,749 | 32,352,128 | ||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 13 | 2 | 15 | 10 | 92 | -220,670 | -1,664,932 | -2,233,066 | -1,323,294 | -1,322,142 | |||||
| cash flow from financing | 694,448 | -1,156,265 | 1,332,930 | -2,563,026 | 31,142,954 | -100 | -33,805,872 | 29,986,576 | 27,743,359 | -2,289,171 | -4,988,885 | -4,739,275 | 36,710,269 | ||
| cash and cash equivalents | |||||||||||||||
| cash | -377,180 | 125,285 | 6,813 | -1,184,201 | 1,040,286 | -150,617 | 157,174 | -646,592 | -31,135 | 1,060,167 | 328,303 | -503,152 | -50,245 | -1,190,885 | 1,767,441 |
| overdraft | |||||||||||||||
| change in cash | -377,180 | 125,285 | 6,813 | -1,184,201 | 1,040,286 | -150,617 | 157,174 | -646,592 | -31,135 | 1,060,167 | 328,303 | -503,152 | -50,245 | -1,190,885 | 1,767,441 |
ramcore operations limited Credit Report and Business Information
Ramcore Operations Limited Competitor Analysis
Perform a competitor analysis for ramcore operations limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in WC1V area or any other competitors across 12 key performance metrics.
ramcore operations limited Ownership
RAMCORE OPERATIONS LIMITED group structure
Ramcore Operations Limited has no subsidiary companies.
Ultimate parent company
SARGAS HOLDING BV
#0117737
2 parents
RAMCORE OPERATIONS LIMITED
05340129
ramcore operations limited directors
Ramcore Operations Limited currently has 1 director, Mr Alon Levy serving since Nov 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alon Levy | England | 49 years | Nov 2022 | - | Director |
P&L
December 2023turnover
2.8m
0%
operating profit
91k
-81%
gross margin
64.2%
-38.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.6m
+0.55%
total assets
32.6m
-0.05%
cash
0
-1%
net assets
Total assets minus all liabilities
ramcore operations limited company details
company number
05340129
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
January 2005
age
20
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
ramcore management limited (January 2007)
bdl ramcore management limited (July 2006)
accountant
-
auditor
BLICK ROTHENBERG AUDIT LLP
address
2nd floor, kingsbourne house, 229-231 high holborn, london, WC1V 7DA
Bank
BANK OF SCOTLAND
Legal Advisor
-
ramcore operations 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 8 charges/mortgages relating to ramcore operations limited. Currently there are 1 open charges and 7 have been satisfied in the past.
ramcore operations 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 RAMCORE OPERATIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
ramcore operations limited Companies House Filings - See Documents
| date | description | view/download |
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