r a furnishings limited

r a furnishings limited Company Information

Share R A FURNISHINGS LIMITED
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Company Number

05406718

Industry

Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores

 

Directors

Roger Manley

Shareholders

ailie manley

roger james manley

Group Structure

View All

Contact

Registered Address

44 hawksmoor drive, perton, wolverhampton, west midlands, WV6 7TE

r a furnishings limited Estimated Valuation

£424.6k

Pomanda estimates the enterprise value of R A FURNISHINGS LIMITED at £424.6k based on a Turnover of £1.3m and 0.32x industry multiple (adjusted for size and gross margin).

r a furnishings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of R A FURNISHINGS LIMITED at £0 based on an EBITDA of £-896 and a 3.31x industry multiple (adjusted for size and gross margin).

r a furnishings limited Estimated Valuation

£655

Pomanda estimates the enterprise value of R A FURNISHINGS LIMITED at £655 based on Net Assets of £302 and 2.17x industry multiple (adjusted for liquidity).

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R A Furnishings Limited Overview

R A Furnishings Limited is a live company located in wolverhampton, WV6 7TE with a Companies House number of 05406718. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in March 2005, it's largest shareholder is ailie manley with a 50% stake. R A Furnishings Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.

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R A Furnishings Limited Health Check

Pomanda's financial health check has awarded R A Furnishings Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£5m)

£1.3m - R A Furnishings Limited

£5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (9.4%)

22% - R A Furnishings Limited

9.4% - Industry AVG

production

Production

with a gross margin of 31.1%, this company has a higher cost of product (40.2%)

31.1% - R A Furnishings Limited

40.2% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (3%)

-0.1% - R A Furnishings Limited

3% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (30)

5 - R A Furnishings Limited

30 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.9k, the company has an equivalent pay structure (£33.9k)

£33.9k - R A Furnishings Limited

£33.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £266.9k, this is more efficient (£166.5k)

£266.9k - R A Furnishings Limited

£166.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 86 days, this is later than average (15 days)

86 days - R A Furnishings Limited

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 124 days, this is slower than average (34 days)

124 days - R A Furnishings Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - R A Furnishings Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - R A Furnishings Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (61.5%)

99.9% - R A Furnishings Limited

61.5% - Industry AVG

R A FURNISHINGS LIMITED financials

EXPORTms excel logo

R A Furnishings Limited's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £302. According to their latest financial statements, R A Furnishings Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,334,4411,020,868835,346737,268540,721745,775660,350524,006651,859744,850366,320390,450289,855286,1960
Other Income Or Grants000000000000000
Cost Of Sales919,676709,392581,559508,672373,358518,339448,562353,127446,863511,920250,841269,514197,855192,1810
Gross Profit414,765311,476253,787228,596167,364227,436211,788170,879204,996232,930115,479120,93692,00094,0150
Admin Expenses415,661310,977253,889239,020154,617226,396213,177169,321207,655229,912114,836124,541112,42660,5390
Operating Profit-896499-102-10,42412,7471,040-1,3891,558-2,6593,018643-3,605-20,42633,4760
Interest Payable000000000000000
Interest Receivable000000000002200
Pre-Tax Profit-896499-102-10,42412,7471,040-1,3891,558-2,6593,018643-3,603-20,42433,4760
Tax0-9500-2,422-1980-3110-634-14800-9,3730
Profit After Tax-896404-102-10,42410,325842-1,3891,246-2,6592,384495-3,603-20,42424,1030
Dividends Paid000000000000000
Retained Profit-896404-102-10,42410,325842-1,3891,246-2,6592,384495-3,603-20,42424,1030
Employee Costs169,504161,450181,723143,711108,376101,256104,14277,436109,418100,97246,02969,58845,37145,1730
Number Of Employees556544434423220
EBITDA*-896499-102-10,42412,7471,040-1,3891,558-2,6593,0182,134-1,619-17,77637,0080

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets9,49012,5147,5977,6706,1264,7731,6602,2132,8513,3524,4705,9617,94710,5970
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets9,49012,5147,5977,6706,1264,7731,6602,2132,8513,3524,4705,9617,94710,5970
Stock & work in progress000000000024,00017,79421,54326,3210
Trade Debtors316,356277,205237,106200,843139,868134,582110,88586,03983,36185,79057,80868,89154,55354,5530
Group Debtors000000000000000
Misc Debtors000000000000000
Cash00000000000097300
misc current assets000000000000000
total current assets316,356277,205237,106200,843139,868134,582110,88586,03983,36185,79081,80886,68577,06980,8740
total assets325,846289,719244,703208,513145,994139,355112,54588,25286,21289,14286,27892,64685,01691,4710
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 313,877266,854212,242157,617134,674138,360112,39286,71085,54285,75685,10291,73180,17966,3680
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities313,877266,854212,242157,617134,674138,360112,39286,71085,54285,75685,10291,73180,17966,3680
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities11,66721,66731,66750,00000000000000
provisions000000003744316038371,1569980
total long term liabilities11,66721,66731,66750,00000003744316038371,1569980
total liabilities325,544288,521243,909207,617134,674138,360112,39286,71085,91686,18785,70592,56881,33567,3660
net assets3021,19879489611,3209951531,5422962,955573783,68124,1050
total shareholders funds3021,19879489611,3209951531,5422962,955573783,68124,1050
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-896499-102-10,42412,7471,040-1,3891,558-2,6593,018643-3,605-20,42633,4760
Depreciation00000000001,4911,9862,6503,5320
Amortisation000000000000000
Tax0-9500-2,422-1980-3110-634-14800-9,3730
Stock000000000-24,0006,206-3,749-4,77826,3210
Debtors39,15140,09936,26360,9755,28623,69724,8462,678-2,42927,982-11,08314,338054,5530
Creditors47,02354,61254,62522,943-3,68625,96825,6821,168-214654-6,62911,55213,81166,3680
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions0000000-374-57-172-234-3191589980
Cash flow from operations6,97614,91718,260-48,4561,3533,113-553-637-501-1,1160-97597114,1270
Investing Activities
capital expenditure3,024-4,91773-1,544-1,353-3,1135536385011,118000-14,1290
Change in Investments000000000000000
cash flow from investments3,024-4,91773-1,544-1,353-3,1135536385011,118000-14,1290
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-10,000-10,000-18,33350,00000000000000
share issue000000000-200020
interest000000000002200
cash flow from financing-10,000-10,000-18,33350,00000000-202220
cash and cash equivalents
cash00000000000-97397300
overdraft000000000000000
change in cash00000000000-97397300

r a furnishings limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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R A Furnishings Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for r a furnishings 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 WV6 area or any other competitors across 12 key performance metrics.

r a furnishings limited Ownership

R A FURNISHINGS LIMITED group structure

R A Furnishings Limited has no subsidiary companies.

Ultimate parent company

R A FURNISHINGS LIMITED

05406718

R A FURNISHINGS LIMITED Shareholders

ailie manley 50%
roger james manley 50%

r a furnishings limited directors

R A Furnishings Limited currently has 1 director, Mr Roger Manley serving since Jun 2005.

officercountryagestartendrole
Mr Roger ManleyEngland78 years Jun 2005- Director

P&L

March 2024

turnover

1.3m

+31%

operating profit

-896

0%

gross margin

31.1%

+1.87%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

302

-0.75%

total assets

325.8k

+0.12%

cash

0

0%

net assets

Total assets minus all liabilities

r a furnishings limited company details

company number

05406718

Type

Private limited with Share Capital

industry

47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores

incorporation date

March 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

44 hawksmoor drive, perton, wolverhampton, west midlands, WV6 7TE

Bank

-

Legal Advisor

-

r a furnishings 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 a furnishings limited.

r a furnishings 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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r a furnishings limited Companies House Filings - See Documents

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