rsd cars limited
rsd cars limited Company Information
Group Structure
View All
Industry
Sale of used cars and light motor vehicles
+2Registered Address
8 pinner view, harrow, middlesex, HA1 4QA
Website
www.rsdcars.comrsd cars limited Estimated Valuation
Pomanda estimates the enterprise value of RSD CARS LIMITED at £2m based on a Turnover of £6.4m and 0.32x industry multiple (adjusted for size and gross margin).
rsd cars limited Estimated Valuation
Pomanda estimates the enterprise value of RSD CARS LIMITED at £980.2k based on an EBITDA of £221.8k and a 4.42x industry multiple (adjusted for size and gross margin).
rsd cars limited Estimated Valuation
Pomanda estimates the enterprise value of RSD CARS LIMITED at £0 based on Net Assets of £-308.3k and 2.73x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Rsd Cars Limited Overview
Rsd Cars Limited is a live company located in middlesex, HA1 4QA with a Companies House number of 05674939. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in January 2006, it's largest shareholder is raman dhillon with a 100% stake. Rsd Cars Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.4m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Rsd Cars Limited Health Check
Pomanda's financial health check has awarded Rsd Cars Limited a 3 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
2 Regular
6 Weak
Size
annual sales of £6.4m, make it smaller than the average company (£27.1m)
- Rsd Cars Limited
£27.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (13.4%)
- Rsd Cars Limited
13.4% - Industry AVG
Production
with a gross margin of 11.9%, this company has a comparable cost of product (11.9%)
- Rsd Cars Limited
11.9% - Industry AVG
Profitability
an operating margin of 3.4% make it more profitable than the average company (2.7%)
- Rsd Cars Limited
2.7% - Industry AVG
Employees
with 6 employees, this is below the industry average (46)
6 - Rsd Cars Limited
46 - Industry AVG
Pay Structure
on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)
- Rsd Cars Limited
£39.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£544.9k)
- Rsd Cars Limited
£544.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rsd Cars Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (29 days)
- Rsd Cars Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 149 days, this is more than average (70 days)
- Rsd Cars Limited
70 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rsd Cars Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 107.7%, this is a higher level of debt than the average (68.1%)
107.7% - Rsd Cars Limited
68.1% - Industry AVG
RSD CARS LIMITED financials
Rsd Cars Limited's latest turnover from March 2024 is estimated at £6.4 million and the company has net assets of -£308.3 thousand. According to their latest financial statements, Rsd Cars Limited has 6 employees and maintains cash reserves of 0 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 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,789,116 | 10,107,368 | 15,079,443 | 19,285,643 | |||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 8,034,668 | 10,105,834 | 14,498,685 | 18,322,212 | |||||||||||
| Gross Profit | -245,552 | 1,534 | 580,758 | 963,431 | |||||||||||
| Admin Expenses | 238,272 | 252,758 | 200,887 | 209,895 | |||||||||||
| Operating Profit | -483,824 | -251,224 | 379,871 | 753,536 | |||||||||||
| Interest Payable | 85,694 | 39,602 | 5,312 | 4,403 | |||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -569,518 | -290,826 | 374,559 | 749,133 | |||||||||||
| Tax | 64,755 | -79,729 | -184,449 | ||||||||||||
| Profit After Tax | -504,763 | -290,826 | 294,830 | 564,684 | |||||||||||
| Dividends Paid | 28,800 | 30,000 | 30,000 | ||||||||||||
| Retained Profit | -504,763 | -319,626 | 264,830 | 534,684 | |||||||||||
| Employee Costs | 129,706 | 41,407 | 52,901 | 49,765 | |||||||||||
| Number Of Employees | 6 | 6 | 6 | 6 | 6 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | |||
| EBITDA* | -477,146 | -241,457 | 383,968 | 757,433 |
* 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 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,523,575 | 895,680 | 887,735 | 887,327 | 887,329 | 890,829 | 887,890 | 898,863 | 909,037 | 870,773 | 799,255 | 9,114 | 11,207 | 14,157 | 5,105 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 39,743 | 39,743 | 39,743 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,563,318 | 935,423 | 927,478 | 887,327 | 887,329 | 890,829 | 887,890 | 898,863 | 909,037 | 870,773 | 799,255 | 9,114 | 11,207 | 14,157 | 5,105 |
| Stock & work in progress | 2,332,105 | 3,785,887 | 3,266,781 | 2,637,916 | 2,172,747 | 2,187,846 | 1,674,997 | 1,509,179 | 1,675,857 | 1,839,504 | 2,538,293 | 2,846,788 | 2,886,872 | 1,622,338 | 304,890 |
| Trade Debtors | 9,212 | 92,088 | 23,160 | 49,658 | 25,500 | 500 | 763,553 | 49,331 | |||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 73,121 | 225,501 | 148,976 | 182,298 | 133,949 | 308,773 | 425,331 | 637,731 | |||||||
| Cash | 135,146 | 91,345 | 13,602 | 48,726 | 523,455 | 128,497 | 337 | ||||||||
| misc current assets | 10,944 | 1 | 1,278 | 83,406 | 124,939 | 46,340 | 171,187 | 207,397 | |||||||
| total current assets | 2,416,170 | 4,155,746 | 3,599,191 | 2,835,094 | 2,355,422 | 2,794,707 | 1,928,433 | 1,555,856 | 1,870,204 | 2,096,559 | 2,872,566 | 3,272,119 | 3,525,103 | 2,385,891 | 354,221 |
| total assets | 3,979,488 | 5,091,169 | 4,526,669 | 3,722,421 | 3,242,751 | 3,685,536 | 2,816,323 | 2,454,719 | 2,779,241 | 2,967,332 | 3,671,821 | 3,281,233 | 3,536,310 | 2,400,048 | 359,326 |
| Bank overdraft | 615,441 | 587,208 | 190,000 | 194,388 | 504,044 | 58,513 | 99,933 | 42,576 | 63,470 | 76,337 | 92,403 | 36,419 | |||
| Bank loan | 34,000 | 34,000 | |||||||||||||
| Trade Creditors | 380,856 | 1,076,805 | 1,572,488 | 1,016,365 | 188,641 | 242,280 | 246,266 | 84,556 | 15,766 | 83,182 | 53,490 | 2,009,704 | 348,881 | ||
| Group/Directors Accounts | 2,712,779 | 2,383,596 | 1,578,551 | 1,577,229 | 1,271,677 | 1,218,017 | 1,510,080 | 1,521,482 | 1,981,184 | ||||||
| other short term finances | 383,663 | 224,032 | 553,122 | 58,434 | |||||||||||
| hp & lease commitments | 247,598 | 157,316 | 214,089 | 355,031 | 559,241 | 200,829 | 381,042 | 290,075 | 54,218 | ||||||
| other current liabilities | 30,272 | 1,039,767 | 8,012 | 699,841 | 597,051 | 1,832,560 | 1,277,322 | 1,767,522 | 586,862 | 186,804 | 335,875 | 427,677 | |||
| total current liabilities | 3,986,946 | 5,244,692 | 3,563,140 | 3,842,854 | 3,120,654 | 3,148,046 | 2,354,183 | 2,004,563 | 2,100,173 | 2,210,937 | 2,376,109 | 2,091,376 | 2,552,988 | 2,009,704 | 348,881 |
| loans | 501,320 | 262,565 | 301,469 | 355,183 | 390,927 | 425,481 | |||||||||
| hp & lease commitments | 300,681 | 270,463 | 377,921 | 177,956 | 461,714 | 164,263 | 58,294 | ||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 188 | 188 | 188 | 138 | 139 | ||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 300,869 | 270,651 | 879,429 | 178,094 | 461,853 | 647,840 | 426,828 | 301,469 | 355,183 | 390,927 | 425,481 | 58,294 | |||
| total liabilities | 4,287,815 | 5,515,343 | 4,442,569 | 4,020,948 | 3,582,507 | 3,795,886 | 2,781,011 | 2,306,032 | 2,455,356 | 2,601,864 | 2,801,590 | 2,091,376 | 2,611,282 | 2,009,704 | 348,881 |
| net assets | -308,327 | -424,174 | 84,100 | -298,527 | -339,756 | -110,350 | 35,312 | 148,687 | 323,885 | 365,468 | 870,231 | 1,189,857 | 925,028 | 390,344 | 10,445 |
| total shareholders funds | -308,327 | -424,174 | 84,100 | -298,527 | -339,756 | -110,350 | 35,312 | 148,687 | 323,885 | 365,468 | 870,231 | 1,189,857 | 925,028 | 390,344 | 10,445 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -483,824 | -251,224 | 379,871 | 753,536 | |||||||||||
| Depreciation | 3,234 | 221 | 408 | 3,500 | 2,939 | 9,573 | 10,174 | 10,179 | 6,678 | 9,767 | 4,097 | 3,897 | 3,802 | 663 | |
| Amortisation | |||||||||||||||
| Tax | 64,755 | -79,729 | -184,449 | ||||||||||||
| Stock | -1,453,782 | 519,106 | 628,865 | 465,169 | -15,099 | 512,849 | 165,818 | -166,678 | -163,647 | -698,789 | -308,495 | -40,084 | 1,264,534 | 1,317,448 | 304,890 |
| Debtors | -161,592 | -6,351 | 58,766 | 48,349 | 133,949 | -23,160 | -26,498 | -284,615 | -91,058 | -212,900 | -125,322 | 714,222 | 49,331 | ||
| Creditors | -695,949 | -495,683 | 556,123 | 827,724 | 188,641 | -242,280 | -3,986 | 246,266 | -84,556 | 68,790 | -67,416 | 29,692 | -1,956,214 | 1,660,823 | 348,881 |
| Accruals and Deferred Income | -1,009,495 | 1,031,755 | -691,829 | 102,790 | 597,051 | -1,832,560 | 555,238 | -490,200 | 1,180,660 | 400,058 | -149,071 | -91,802 | 427,677 | ||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 1,039,861 | -58,391 | 495,113 | -2,094,765 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -78,196 | -799,908 | -2,004 | 111,565 | |||||||||||
| Change in Investments | 39,743 | ||||||||||||||
| cash flow from investments | -78,196 | -799,908 | -2,004 | 111,565 | |||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -34,000 | 34,000 | |||||||||||||
| Group/Directors Accounts | 329,183 | 805,045 | 1,322 | 305,552 | 1,271,677 | -1,218,017 | -292,063 | -11,402 | -459,702 | 1,981,184 | |||||
| Other Short Term Loans | -383,663 | 383,663 | -224,032 | -329,090 | 494,688 | 58,434 | |||||||||
| Long term loans | -501,320 | 501,320 | -262,565 | -38,904 | -53,714 | -35,744 | -34,554 | 425,481 | |||||||
| Hire Purchase and Lease Commitments | 120,500 | -164,231 | 59,023 | -487,968 | 1,020,955 | -365,092 | -15,950 | 90,967 | 290,075 | -112,512 | 112,512 | ||||
| other long term liabilities | 50 | -1 | 139 | ||||||||||||
| share issue | |||||||||||||||
| interest | -85,694 | -39,602 | -5,312 | -4,403 | |||||||||||
| cash flow from financing | -741,401 | 903,165 | -519,093 | 2,089,293 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -135,146 | 43,801 | 77,743 | -35,124 | -474,729 | 394,958 | 128,160 | 337 | |||||||
| overdraft | 28,233 | 397,208 | -4,388 | -309,656 | 504,044 | -58,513 | -41,420 | 57,357 | -20,894 | -12,867 | -16,066 | 55,984 | 36,419 | ||
| change in cash | -163,379 | -353,407 | 82,131 | 274,532 | -978,773 | 453,471 | 169,580 | -57,020 | 20,894 | 12,867 | 16,066 | -55,984 | -36,419 |
rsd cars limited Credit Report and Business Information
Rsd Cars Limited Competitor Analysis
Perform a competitor analysis for rsd cars limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in HA1 area or any other competitors across 12 key performance metrics.
rsd cars limited Ownership
RSD CARS LIMITED group structure
Rsd Cars Limited has no subsidiary companies.
Ultimate parent company
RSD CARS LIMITED
05674939
rsd cars limited directors
Rsd Cars Limited currently has 1 director, Mr Raman Dhillon serving since Mar 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Raman Dhillon | England | 47 years | Mar 2006 | - | Director |
P&L
March 2024turnover
6.4m
-31%
operating profit
218.6k
0%
gross margin
11.9%
-3.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-308.3k
-0.27%
total assets
4m
-0.22%
cash
0
-1%
net assets
Total assets minus all liabilities
rsd cars limited company details
company number
05674939
Type
Private limited with Share Capital
industry
45190 - Sale of other motor vehicles
45112 - Sale of used cars and light motor vehicles
45111 - Sale of new cars and light motor vehicles
incorporation date
January 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
A J SHAH AND COMPANY
auditor
-
address
8 pinner view, harrow, middlesex, HA1 4QA
Bank
HSBC BANK PLC, HSBC BANK PLC
Legal Advisor
-
rsd cars 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 9 charges/mortgages relating to rsd cars limited. Currently there are 4 open charges and 5 have been satisfied in the past.
rsd cars 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 RSD CARS LIMITED. This can take several minutes, an email will notify you when this has completed.
rsd cars limited Companies House Filings - See Documents
| date | description | view/download |
|---|
