recarta it limited

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recarta it limited Company Information

Share RECARTA IT LIMITED

Company Number

05519367

Shareholders

daren paul bland

tobias philip harris

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Group Structure

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Industry

Data processing, hosting and related activities

 +2

Registered Address

unit 3 & 4 dunley hill court, ranmore common, dorking, RH5 6SX

recarta it limited Estimated Valuation

£8.8m

Pomanda estimates the enterprise value of RECARTA IT LIMITED at £8.8m based on a Turnover of £10.7m and 0.82x industry multiple (adjusted for size and gross margin).

recarta it limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of RECARTA IT LIMITED at £2.4m based on an EBITDA of £468.4k and a 5.22x industry multiple (adjusted for size and gross margin).

recarta it limited Estimated Valuation

£3m

Pomanda estimates the enterprise value of RECARTA IT LIMITED at £3m based on Net Assets of £1.3m and 2.27x industry multiple (adjusted for liquidity).

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Recarta It Limited Overview

Recarta It Limited is a live company located in dorking, RH5 6SX with a Companies House number of 05519367. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in July 2005, it's largest shareholder is daren paul bland with a 70% stake. Recarta It Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.7m with low growth in recent years.

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Recarta It Limited Health Check

Pomanda's financial health check has awarded Recarta It Limited a 3 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 Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £10.7m, make it larger than the average company (£5m)

£10.7m - Recarta It Limited

£5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.6%)

4% - Recarta It Limited

8.6% - Industry AVG

production

Production

with a gross margin of 35.5%, this company has a higher cost of product (51.6%)

35.5% - Recarta It Limited

51.6% - Industry AVG

profitability

Profitability

an operating margin of 2.7% make it less profitable than the average company (4.8%)

2.7% - Recarta It Limited

4.8% - Industry AVG

employees

Employees

with 31 employees, this is similar to the industry average (29)

31 - Recarta It Limited

29 - Industry AVG

paystructure

Pay Structure

on an average salary of £67.9k, the company has an equivalent pay structure (£67.9k)

£67.9k - Recarta It Limited

£67.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £345.9k, this is more efficient (£155.6k)

£345.9k - Recarta It Limited

£155.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 70 days, this is later than average (55 days)

70 days - Recarta It Limited

55 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is close to average (33 days)

31 days - Recarta It Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (11 days)

0 days - Recarta It Limited

11 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (16 weeks)

10 weeks - Recarta It Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.4%, this is a higher level of debt than the average (58.4%)

75.4% - Recarta It Limited

58.4% - Industry AVG

RECARTA IT LIMITED financials

EXPORTms excel logo

Recarta It Limited's latest turnover from March 2024 is £10.7 million and the company has net assets of £1.3 million. According to their latest financial statements, Recarta It Limited has 31 employees and maintains cash reserves of £753 thousand 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
Turnover10,724,26110,262,44316,247,6179,657,3169,408,21510,440,2969,153,7259,490,5327,069,8174,663,5807,850,99610,220,3254,245,3144,132,7504,657,908
Other Income Or Grants
Cost Of Sales6,914,4836,523,38912,678,9856,954,7476,843,4207,439,0836,766,3617,412,6875,510,8713,327,0693,380,2884,427,4341,814,4403,473,9774,124,255
Gross Profit3,809,7783,739,0543,568,6322,702,5692,564,7953,001,2132,387,3642,077,8451,558,9461,336,5114,470,7095,792,8912,430,874658,773533,653
Admin Expenses3,519,1573,148,1712,935,4692,470,1902,066,7422,237,2611,920,7881,633,2641,364,5701,185,0514,395,0615,841,9932,311,442559,930468,107
Operating Profit290,621590,883633,163232,379498,053763,952466,576444,581194,376151,46075,648-49,102119,43298,84365,546
Interest Payable382372,1861,9954,106
Interest Receivable9,9622,8581,2093,6581,2762,2003,7371,88624725741,1291,223653121
Pre-Tax Profit300,201593,704634,372236,037499,601735,435437,183446,467194,623151,46276,222-47,973120,655106,28861,561
Tax-150,550-141,067-127,918-41,719-108,526-155,234-99,810-98,560-43,568-33,697-17,531-31,370-25,702-25
Profit After Tax149,651452,637506,454194,318391,075580,201337,373347,907151,055117,76558,691-47,97389,28580,58661,536
Dividends Paid62,500
Retained Profit149,651452,637506,454194,318391,075580,201337,373347,907151,05555,26558,691-47,97389,28580,58661,536
Employee Costs2,106,2811,818,7061,593,8791,467,2201,245,8551,094,680898,168737,758793,6021,707,5662,874,7063,873,0121,579,5301,629,2121,882,201
Number Of Employees312827272320171415335779333539
EBITDA*468,443697,165704,129284,988526,309784,805486,585463,271213,570164,40285,253-43,754123,733103,46384,206

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets924,119320,471180,036217,424169,72181,36352,79134,29142,61251,79725,57722,77915,6468,26029,377
Intangible Assets1,8642,6353,406
Investments & Other779,031890,3111,001,5901,112,8691,112,8097630,7937676767676
Debtors (Due After 1 year)
Total Fixed Assets1,705,0141,213,4171,185,0321,330,2931,282,53081,43983,58434,36742,68851,87325,65322,85515,6468,26029,377
Stock & work in progress17,36720,83014,39214,36213,73322,3766101,4828841,6705,4749,6631,193
Trade Debtors2,079,4121,294,6512,346,0111,706,3361,747,635756,3211,467,1173,139,8101,086,704946,2611,284,8691,683,160655,203367,806247,253
Group Debtors379,58231,44622,91526,26650,333
Misc Debtors723,585224,190275,755249,046408,260182,9351,572,3112,865,900145,12034,38938,43862,589
Cash752,9881,107,8201,943,1761,076,307452,8522,067,973676,499590,576546,48486,526168,90360,539391,10998,057678,364
misc current assets
total current assets3,573,3522,647,4914,579,3343,046,0513,002,0623,029,6053,747,9836,620,6831,805,4581,119,1791,459,2461,753,3621,047,505504,301988,206
total assets5,278,3663,860,9085,764,3664,376,3444,284,5923,111,0443,831,5676,655,0501,848,1461,171,0521,484,8991,776,2171,063,151512,5611,017,583
Bank overdraft78,16419,7427,906
Bank loan
Trade Creditors 590,586579,8412,314,6361,019,167787,161612,821570,8312,064,386820,946510,4081,241,3031,638,565881,662323,144687,049
Group/Directors Accounts447,883264,901252,827293,130210,08763822246,6182511,056
other short term finances
hp & lease commitments
other current liabilities2,635,5611,645,4532,013,2821,931,1842,443,6861,630,1692,706,7614,117,394720,380389,83596,962318,761
total current liabilities3,752,1942,509,9374,580,7453,251,3873,230,8492,253,0773,278,2306,181,7821,541,328900,2451,287,9211,638,565881,662420,3571,006,866
loans42,095
hp & lease commitments
Accruals and Deferred Income
other liabilities21,41313,258
provisions228,22477,67432,13141,31132,24715,45910,0306,8348,29110,0774,7714,136
total long term liabilities228,22477,67432,13183,40653,66015,45910,0306,8348,29123,3354,7714,136
total liabilities3,980,4182,587,6114,612,8763,334,7933,284,5092,268,5363,288,2606,188,6161,549,619923,5801,292,6921,642,701881,662420,3571,006,866
net assets1,297,9481,273,2971,151,4901,041,5511,000,083842,508543,307466,434298,527247,472192,207133,516181,48992,20410,717
total shareholders funds1,297,9481,273,2971,151,4901,041,5511,000,083842,508543,307466,434298,527247,472192,207133,516181,48992,20410,717
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit290,621590,883633,163232,379498,053763,952466,576444,581194,376151,46075,648-49,102119,43298,84365,546
Depreciation177,051105,51170,51652,60928,25620,85320,00918,69019,19412,9429,6055,3484,3014,62018,660
Amortisation771771450
Tax-150,550-141,067-127,918-41,719-108,526-155,234-99,810-98,560-43,568-33,697-17,531-31,370-25,702-25
Stock-3,4636,43830629-8,64321,766-872598-786-3,804-4,1898,4701,193
Debtors1,284,156-1,102,925666,384-580,0951,596,221-2,131,618-2,957,7514,770,535227,107-253,886-398,2911,027,957248,95996,402309,842
Creditors10,745-1,734,7951,295,469232,006174,34041,990-1,493,5551,243,440310,538-730,895-397,262756,903558,518-363,905687,049
Accruals and Deferred Income990,108-367,82982,098-512,502813,517-1,076,592-1,410,6333,397,014330,545389,835-96,962-221,799318,761
Deferred Taxes & Provisions150,55045,543-9,1809,06416,7885,4293,196-1,457-1,7865,3066354,136
Cash flow from operations188,603-404,4961,278,184551,303-165,1501,710,250444,406232,575582,97852,64173,575-319,142303,767-604,345780,149
Investing Activities
capital expenditure-780,699-245,946-36,984-100,312-116,614-49,425-38,509-10,369-10,009-39,162-12,403-12,481-11,68716,497-48,037
Change in Investments-111,280-111,279-111,279601,112,733-30,71730,71776
cash flow from investments-669,419-134,66774,295-100,372-1,229,347-18,708-69,226-10,369-10,009-39,162-12,403-12,557-11,68716,497-48,037
Financing Activities
Bank loans
Group/Directors Accounts182,98212,074-40,303293,128-10,0859,449636-46,61646,618-251-8051,056
Other Short Term Loans
Long term loans-42,09542,095
Hire Purchase and Lease Commitments
other long term liabilities-21,41321,413-13,25813,258
share issue-125,000-330,830-396,515-152,850-233,500-281,000-260,500-180,000-100,000901-50,819
interest9,5802,8211,2093,658-9102,2003,7371,88624725741,1291,223-1,342-3,985
cash flow from financing67,562-315,935-477,704164,618-223,082-269,351-256,127-178,114-113,011-33,35647,1921,129972-1,246-53,748
cash and cash equivalents
cash-354,832-835,356866,869623,455-1,615,1211,391,47485,92344,092459,958-82,377108,364-330,570293,052-580,307678,364
overdraft58,42219,742-7,9067,906
change in cash-413,254-855,098874,775615,549-1,615,1211,391,47485,92344,092459,958-82,377108,364-330,570293,052-580,307678,364

recarta it 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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Recarta It Limited Competitor Analysis

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Perform a competitor analysis for recarta it limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in RH5 area or any other competitors across 12 key performance metrics.

recarta it limited Ownership

RECARTA IT LIMITED group structure

Recarta It Limited has 3 subsidiary companies.

RECARTA IT LIMITED Shareholders

daren paul bland 70%
tobias philip harris 20%
sarah bland 10%

recarta it limited directors

Recarta It Limited currently has 2 directors. The longest serving directors include Mr Daren Bland (Aug 2005) and Mr Tobias Harris (Jul 2008).

officercountryagestartendrole
Mr Daren BlandEngland55 years Aug 2005- Director
Mr Tobias HarrisEngland51 years Jul 2008- Director

P&L

March 2024

turnover

10.7m

+5%

operating profit

290.6k

-51%

gross margin

35.6%

-2.5%

turnover

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

Balance Sheet

March 2024

net assets

1.3m

+0.02%

total assets

5.3m

+0.37%

cash

753k

-0.32%

net assets

Total assets minus all liabilities

recarta it limited company details

company number

05519367

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

63110 - Data processing, hosting and related activities

62020 - Computer consultancy activities

incorporation date

July 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

intacto limited (January 2006)

mc355 limited (August 2005)

accountant

SWINDELLS LLP

auditor

-

address

unit 3 & 4 dunley hill court, ranmore common, dorking, RH5 6SX

Bank

-

Legal Advisor

-

recarta it 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 3 charges/mortgages relating to recarta it limited. Currently there are 1 open charges and 2 have been satisfied in the past.

recarta it 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 RECARTA IT LIMITED. This can take several minutes, an email will notify you when this has completed.

recarta it limited Companies House Filings - See Documents

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