rigging machine limited Company Information
Group Structure
View All
Industry
Support activities to performing arts
Registered Address
33 hartfield avenue, brighton, BN1 8AD
Website
rigriterigging.comrigging machine limited Estimated Valuation
Pomanda estimates the enterprise value of RIGGING MACHINE LIMITED at £125.7k based on a Turnover of £301.4k and 0.42x industry multiple (adjusted for size and gross margin).
rigging machine limited Estimated Valuation
Pomanda estimates the enterprise value of RIGGING MACHINE LIMITED at £37k based on an EBITDA of £7.3k and a 5.09x industry multiple (adjusted for size and gross margin).
rigging machine limited Estimated Valuation
Pomanda estimates the enterprise value of RIGGING MACHINE LIMITED at £77.9k based on Net Assets of £56.9k and 1.37x industry multiple (adjusted for liquidity).
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Rigging Machine Limited Overview
Rigging Machine Limited is a live company located in brighton, BN1 8AD with a Companies House number of 05963200. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in October 2006, it's largest shareholder is yose lawson with a 100% stake. Rigging Machine Limited is a established, micro sized company, Pomanda has estimated its turnover at £301.4k with declining growth in recent years.
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Rigging Machine Limited Health Check
Pomanda's financial health check has awarded Rigging Machine 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
2 Regular
6 Weak
Size
annual sales of £301.4k, make it in line with the average company (£270.5k)
- Rigging Machine Limited
£270.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7.4%)
- Rigging Machine Limited
7.4% - Industry AVG
Production
with a gross margin of 12.8%, this company has a higher cost of product (38.9%)
- Rigging Machine Limited
38.9% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (6.5%)
- Rigging Machine Limited
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Rigging Machine Limited
4 - Industry AVG
Pay Structure
on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)
- Rigging Machine Limited
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £301.4k, this is more efficient (£74k)
- Rigging Machine Limited
£74k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (15 days)
- Rigging Machine Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (26 days)
- Rigging Machine Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rigging Machine Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rigging Machine Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.2%, this is a higher level of debt than the average (32.6%)
48.2% - Rigging Machine Limited
32.6% - Industry AVG
RIGGING MACHINE LIMITED financials
Rigging Machine Limited's latest turnover from October 2023 is estimated at £301.4 thousand and the company has net assets of £56.9 thousand. According to their latest financial statements, Rigging Machine Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 38,842 | 28,761 | 30,464 | 36,404 | 42,833 | 7,796 | 3,783 | 997 | 2,926 | 5,557 | 5,115 | 3,821 | 3,036 | 165 | 1,327 |
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 | 38,842 | 28,761 | 30,464 | 36,404 | 42,833 | 7,796 | 3,783 | 997 | 2,926 | 5,557 | 5,115 | 3,821 | 3,036 | 165 | 1,327 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 71,096 | 100,032 | 37,079 | 50,062 | 38,938 | 19,560 | 4,836 | 0 | 8,210 | 6,076 | 9,907 | 5,052 | 17,055 | 6,700 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 1,488 | 756 | 10,099 | 424 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 70,892 | 23,968 | 53,812 | 3 | 23,230 | 23,472 | 3 | 2,546 | 3 | 3 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 71,096 | 100,032 | 37,079 | 50,062 | 40,426 | 91,208 | 38,903 | 54,236 | 8,213 | 29,306 | 33,379 | 5,055 | 19,601 | 6,703 | 3 |
total assets | 109,938 | 128,793 | 67,543 | 86,466 | 83,259 | 99,004 | 42,686 | 55,233 | 11,139 | 34,863 | 38,494 | 8,876 | 22,637 | 6,868 | 1,330 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,765 | 0 | 4,977 | 13,432 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 52,305 | 76,613 | 68,228 | 86,705 | 55,027 | 7,520 | 0 | 838 | 25,853 | 30,189 | 36,103 | 22,295 | 36,715 | 22,781 | 14,784 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 201 | 5,080 | 15,021 | 0 | 0 | 0 | 0 | 1,009 | 426 | 108 |
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 | 0 | 0 | 700 | 1,655 | 0 | 46,622 | 29,517 | 33,371 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 52,305 | 76,613 | 68,928 | 88,360 | 55,027 | 54,343 | 34,597 | 49,230 | 25,853 | 30,189 | 36,103 | 25,060 | 37,724 | 28,184 | 28,324 |
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 | 700 | 700 | 0 | 0 | 3,425 | 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 | 1,481 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 700 | 700 | 0 | 0 | 3,425 | 1,481 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 53,005 | 77,313 | 68,928 | 88,360 | 58,452 | 55,824 | 34,597 | 49,230 | 25,853 | 30,189 | 36,103 | 25,060 | 37,724 | 28,184 | 28,324 |
net assets | 56,933 | 51,480 | -1,385 | -1,894 | 24,807 | 43,180 | 8,089 | 6,003 | -14,714 | 4,674 | 2,391 | -16,184 | -15,087 | -21,316 | -26,994 |
total shareholders funds | 56,933 | 51,480 | -1,385 | -1,894 | 24,807 | 43,180 | 8,089 | 6,003 | -14,714 | 4,674 | 2,391 | -16,184 | -15,087 | -21,316 | -26,994 |
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 3,013 | 2,236 | 1,929 | 2,631 | 3,489 | 2,509 | 1,405 | 1,168 | 1,162 | 1,234 | |||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -28,936 | 62,953 | -12,983 | 9,636 | 20,110 | 5,381 | 14,511 | -7,786 | 2,134 | -3,831 | 4,855 | -12,003 | 10,355 | 6,700 | 0 |
Creditors | -24,308 | 8,385 | -18,477 | 31,678 | 47,507 | 7,520 | -838 | -25,015 | -4,336 | -5,914 | 13,808 | -14,420 | 13,934 | 7,997 | 14,784 |
Accruals and Deferred Income | 0 | 0 | -955 | -1,770 | -43,197 | 17,105 | -3,854 | 33,371 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -1,481 | 1,481 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
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 | -201 | -4,879 | -9,941 | 15,021 | 0 | 0 | 0 | -1,009 | 583 | 318 | 108 |
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 | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | -70,892 | 46,924 | -29,844 | 53,809 | -23,227 | -242 | 23,469 | -2,543 | 2,543 | 0 | 3 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,765 | 2,765 | -4,977 | -8,455 | 13,432 |
change in cash | 0 | 0 | 0 | 0 | -70,892 | 46,924 | -29,844 | 53,809 | -23,227 | -242 | 26,234 | -5,308 | 7,520 | 8,455 | -13,429 |
rigging machine limited Credit Report and Business Information
Rigging Machine Limited Competitor Analysis
Perform a competitor analysis for rigging machine limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in BN1 area or any other competitors across 12 key performance metrics.
rigging machine limited Ownership
RIGGING MACHINE LIMITED group structure
Rigging Machine Limited has no subsidiary companies.
Ultimate parent company
RIGGING MACHINE LIMITED
05963200
rigging machine limited directors
Rigging Machine Limited currently has 1 director, Mr Yose Lawson serving since Oct 2006.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Yose Lawson | England | 51 years | Oct 2006 | - | Director |
P&L
October 2023turnover
301.4k
-19%
operating profit
7.3k
0%
gross margin
12.8%
-15.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
56.9k
+0.11%
total assets
109.9k
-0.15%
cash
0
0%
net assets
Total assets minus all liabilities
rigging machine limited company details
company number
05963200
Type
Private limited with Share Capital
industry
90020 - Support activities to performing arts
incorporation date
October 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
NB ACCOUNTANCY LTD
auditor
-
address
33 hartfield avenue, brighton, BN1 8AD
Bank
-
Legal Advisor
-
rigging machine 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 rigging machine limited.
rigging machine 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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rigging machine limited Companies House Filings - See Documents
date | description | view/download |
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