rwk goodman employee services limited
rwk goodman employee services limited Company Information
Company Number
05565601
Website
www.roydswithyking.comRegistered Address
midland bridge house, midland bridge road, bath, BA2 3FP
Industry
Other business support service activities n.e.c.
Telephone
01225425731
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
rwk goodman llp 100%
rwk goodman employee services limited Estimated Valuation
Pomanda estimates the enterprise value of RWK GOODMAN EMPLOYEE SERVICES LIMITED at £23.6m based on a Turnover of £25.9m and 0.91x industry multiple (adjusted for size and gross margin).
rwk goodman employee services limited Estimated Valuation
Pomanda estimates the enterprise value of RWK GOODMAN EMPLOYEE SERVICES LIMITED at £5.6m based on an EBITDA of £787k and a 7.17x industry multiple (adjusted for size and gross margin).
rwk goodman employee services limited Estimated Valuation
Pomanda estimates the enterprise value of RWK GOODMAN EMPLOYEE SERVICES LIMITED at £4.7k based on Net Assets of £9k and 0.52x industry multiple (adjusted for liquidity).
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Rwk Goodman Employee Services Limited Overview
Rwk Goodman Employee Services Limited is a live company located in bath, BA2 3FP with a Companies House number of 05565601. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2005, it's largest shareholder is rwk goodman llp with a 100% stake. Rwk Goodman Employee Services Limited is a established, large sized company, Pomanda has estimated its turnover at £25.9m with healthy growth in recent years.
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Rwk Goodman Employee Services Limited Health Check
Pomanda's financial health check has awarded Rwk Goodman Employee Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £25.9m, make it larger than the average company (£3.6m)
£25.9m - Rwk Goodman Employee Services Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4.4%)
10% - Rwk Goodman Employee Services Limited
4.4% - Industry AVG
Production
with a gross margin of 38%, this company has a comparable cost of product (38%)
38% - Rwk Goodman Employee Services Limited
38% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (6.2%)
3% - Rwk Goodman Employee Services Limited
6.2% - Industry AVG
Employees
with 507 employees, this is above the industry average (23)
507 - Rwk Goodman Employee Services Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.6k, the company has an equivalent pay structure (£47.4k)
£47.6k - Rwk Goodman Employee Services Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £51k, this is less efficient (£150.9k)
£51k - Rwk Goodman Employee Services Limited
£150.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Rwk Goodman Employee Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Rwk Goodman Employee Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rwk Goodman Employee Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is less cash available to meet short term requirements (25 weeks)
17 weeks - Rwk Goodman Employee Services Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (62.1%)
99.5% - Rwk Goodman Employee Services Limited
62.1% - Industry AVG
RWK GOODMAN EMPLOYEE SERVICES LIMITED financials
Rwk Goodman Employee Services Limited's latest turnover from April 2023 is £25.9 million and the company has net assets of £9 thousand. According to their latest financial statements, Rwk Goodman Employee Services Limited has 507 employees and maintains cash reserves of £572.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 25,875,279 | 19,712,035 | 17,512,109 | 19,518,356 | 19,995,707 | 17,906,870 | 15,311,502 | 10,909,881 | 9,400,552 | 7,907,715 | 6,723,105 | 6,141,874 | |||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 521,559 | 445,959 | 317,764 | -18,842 | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | 753,649 | 572,082 | 387,556 | 568,656 | 582,399 | 521,559 | 445,966 | 317,764 | -18,842 | 198,538 | 0 | 0 | |||
| Tax | -146,910 | -108,696 | -73,636 | -108,045 | -110,656 | -99,096 | -88,827 | -63,553 | 3,768 | -149,123 | 0 | 0 | |||
| Profit After Tax | 606,739 | 463,386 | 313,920 | 460,611 | 471,743 | 422,463 | 357,139 | 254,211 | -15,074 | 49,415 | 0 | 0 | |||
| Dividends Paid | 610,000 | 480,000 | 290,000 | 470,000 | 470,000 | 532,000 | 235,000 | 216,945 | 0 | 0 | 0 | 0 | |||
| Retained Profit | -3,261 | -16,614 | 23,920 | -9,389 | 1,743 | -109,537 | 122,139 | 37,266 | -15,074 | 49,415 | 0 | 0 | |||
| Employee Costs | 24,158,415 | 18,798,689 | 17,798,439 | 18,655,563 | 18,676,710 | 16,754,444 | 14,315,260 | 10,210,152 | 9,137,148 | 7,416,480 | |||||
| Number Of Employees | 507 | 426 | 421 | 473 | 474 | 450 | 391 | 300 | 268 | 236 | |||||
| EBITDA* | 521,559 | 445,959 | 317,764 | -18,842 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 970,836 | 638,378 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 1,175,924 | 1,021,868 | 2,003,268 | 1,047,485 | 1,257,765 | 1,168,690 | 0 | 0 | 458,275 | 339,414 | 73,746 | 376,281 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 333,354 | 0 | 0 | 239,005 | 125,706 | 21,670 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 572,406 | 463,414 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,748,330 | 1,485,282 | 2,003,268 | 1,380,839 | 1,257,765 | 1,168,690 | 1,209,841 | 764,084 | 479,945 | 339,414 | 73,746 | 376,281 | 0 | 0 | 0 |
| total assets | 1,748,330 | 1,485,282 | 2,003,268 | 1,380,839 | 1,257,765 | 1,168,690 | 1,209,841 | 764,084 | 479,945 | 339,414 | 73,746 | 376,281 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 307,094 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,739,328 | 1,473,019 | 1,974,391 | 1,375,882 | 1,243,419 | 1,156,087 | 1,087,701 | 764,083 | 517,210 | 289,998 | 73,745 | 69,186 | 0 | 0 | 0 |
| total current liabilities | 1,739,328 | 1,473,019 | 1,974,391 | 1,375,882 | 1,243,419 | 1,156,087 | 1,087,701 | 764,083 | 517,210 | 289,998 | 73,745 | 376,280 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,739,328 | 1,473,019 | 1,974,391 | 1,375,882 | 1,243,419 | 1,156,087 | 1,087,701 | 764,083 | 517,210 | 289,998 | 73,745 | 376,280 | 0 | 0 | 0 |
| net assets | 9,002 | 12,263 | 28,877 | 4,957 | 14,346 | 12,603 | 122,140 | 1 | -37,265 | 49,416 | 1 | 1 | 0 | 0 | 0 |
| total shareholders funds | 9,002 | 12,263 | 28,877 | 4,957 | 14,346 | 12,603 | 122,140 | 1 | -37,265 | 49,416 | 1 | 1 | 0 | 0 | 0 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 521,559 | 445,959 | 317,764 | -18,842 | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | -146,910 | -108,696 | -73,636 | -108,045 | -110,656 | -99,096 | -88,827 | -63,553 | 3,768 | -149,123 | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 154,056 | -981,400 | 622,429 | 123,074 | 89,075 | -41,151 | 445,757 | 284,139 | 140,531 | 265,668 | -302,535 | 376,281 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 266,309 | -501,372 | 598,509 | 132,463 | 87,332 | 68,386 | 323,618 | 246,873 | 227,212 | 216,253 | 4,559 | 69,186 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 532,000 | 234,993 | 216,945 | 71,607 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -307,094 | 307,094 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 0 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 0 | -71,607 | 0 | -307,094 | 307,095 | |||
| cash and cash equivalents | |||||||||||||||
| cash | 108,992 | 463,414 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 108,992 | 463,414 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
rwk goodman employee services limited Credit Report and Business Information
Rwk Goodman Employee Services Limited Competitor Analysis
Perform a competitor analysis for rwk goodman employee services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in BA2 area or any other competitors across 12 key performance metrics.
rwk goodman employee services limited Ownership
RWK GOODMAN EMPLOYEE SERVICES LIMITED group structure
Rwk Goodman Employee Services Limited has no subsidiary companies.
Ultimate parent company
1 parent
RWK GOODMAN EMPLOYEE SERVICES LIMITED
05565601
rwk goodman employee services limited directors
Rwk Goodman Employee Services Limited currently has 4 directors. The longest serving directors include Mr Graham Street (Jan 2011) and Mr Shaun O'Halloran (Mar 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Street | England | 57 years | Jan 2011 | - | Director |
| Mr Shaun O'Halloran | England | 56 years | Mar 2011 | - | Director |
| Mrs Amanda Dow | 50 years | Jun 2017 | - | Director | |
| Mr Mark Jones | England | 55 years | Sep 2022 | - | Director |
P&L
April 2023turnover
25.9m
+31%
operating profit
787k
0%
gross margin
38%
-0.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
9k
-0.27%
total assets
1.7m
+0.18%
cash
572.4k
+0.24%
net assets
Total assets minus all liabilities
rwk goodman employee services limited company details
company number
05565601
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 2005
age
19
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
royds withy king employee services limited (November 2022)
withy king employee services limited (October 2016)
See morelast accounts submitted
April 2023
address
midland bridge house, midland bridge road, bath, BA2 3FP
accountant
-
auditor
RSM UK AUDIT LLP
rwk goodman employee services 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 1 charges/mortgages relating to rwk goodman employee services limited. Currently there are 1 open charges and 0 have been satisfied in the past.
rwk goodman employee services limited Companies House Filings - See Documents
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