rigging machine limited

Live EstablishedMicroDeclining

rigging machine limited Company Information

Share RIGGING MACHINE LIMITED

Company Number

05963200

Directors

Yose Lawson

Shareholders

yose lawson

Group Structure

View All

Industry

Support activities to performing arts

 

Registered Address

33 hartfield avenue, brighton, BN1 8AD

rigging machine limited Estimated Valuation

£125.7k

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

£37k

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

£77.9k

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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £301.4k, make it in line with the average company (£270.5k)

£301.4k - Rigging Machine Limited

£270.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7.4%)

-1% - Rigging Machine Limited

7.4% - Industry AVG

production

Production

with a gross margin of 12.8%, this company has a higher cost of product (38.9%)

12.8% - Rigging Machine Limited

38.9% - Industry AVG

profitability

Profitability

an operating margin of 2.4% make it less profitable than the average company (6.5%)

2.4% - Rigging Machine Limited

6.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Rigging Machine Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)

£29.5k - Rigging Machine Limited

£29.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £301.4k, this is more efficient (£74k)

£301.4k - Rigging Machine Limited

£74k - Industry AVG

debtordays

Debtor Days

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

86 days - Rigging Machine Limited

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 72 days, this is slower than average (26 days)

72 days - Rigging Machine Limited

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rigging Machine Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rigging Machine Limited

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover301,449373,830157,115307,530241,77580,08937,97928,22676,95460,600103,10762,928150,38255,3260
Other Income Or Grants000000000000000
Cost Of Sales262,964317,284156,392267,404207,94471,37032,50023,15566,36750,19486,40850,548123,67643,0420
Gross Profit38,48556,54572340,12733,8318,7205,4795,07110,58710,40616,69912,38126,70612,2840
Admin Expenses31,214-8,7209566,82852,370-34,2473,001-20,75830,0337,633-7,45613,39518,1333,80026,657
Operating Profit7,27165,265628-26,701-18,53942,9672,47825,829-19,4462,77324,155-1,0148,5738,484-26,657
Interest Payable00000000009090162598437
Interest Receivable0000266356976758117596600
Pre-Tax Profit7,27165,265628-26,701-18,27343,3222,57525,896-19,3882,89024,123-1,0978,4187,886-27,094
Tax-1,818-12,400-11900-8,231-489-5,1790-607-5,5480-2,189-2,2080
Profit After Tax5,45352,865509-26,701-18,27335,0912,08620,717-19,3882,28318,575-1,0976,2295,678-27,094
Dividends Paid000000000000000
Retained Profit5,45352,865509-26,701-18,27335,0912,08620,717-19,3882,28318,575-1,0976,2295,678-27,094
Employee Costs29,50926,94627,29027,27727,27523,46522,77624,20924,77925,95027,59525,13624,44824,8730
Number Of Employees111111111111110
EBITDA*7,27165,265628-26,701-18,53945,9804,71427,758-16,8156,26226,6643919,7419,646-25,423

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets38,84228,76130,46436,40442,8337,7963,7839972,9265,5575,1153,8213,0361651,327
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets38,84228,76130,46436,40442,8337,7963,7839972,9265,5575,1153,8213,0361651,327
Stock & work in progress000000000000000
Trade Debtors71,096100,03237,07950,06238,93819,5604,83608,2106,0769,9075,05217,0556,7000
Group Debtors000000000000000
Misc Debtors00001,48875610,0994240000000
Cash0000070,89223,96853,812323,23023,47232,54633
misc current assets000000000000000
total current assets71,096100,03237,07950,06240,42691,20838,90354,2368,21329,30633,3795,05519,6016,7033
total assets109,938128,79367,54386,46683,25999,00442,68655,23311,13934,86338,4948,87622,6376,8681,330
Bank overdraft000000000002,76504,97713,432
Bank loan000000000000000
Trade Creditors 52,30576,61368,22886,70555,0277,520083825,85330,18936,10322,29536,71522,78114,784
Group/Directors Accounts000002015,08015,02100001,009426108
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities007001,655046,62229,51733,3710000000
total current liabilities52,30576,61368,92888,36055,02754,34334,59749,23025,85330,18936,10325,06037,72428,18428,324
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income700700003,4250000000000
other liabilities000000000000000
provisions000001,481000000000
total long term liabilities700700003,4251,481000000000
total liabilities53,00577,31368,92888,36058,45255,82434,59749,23025,85330,18936,10325,06037,72428,18428,324
net assets56,93351,480-1,385-1,89424,80743,1808,0896,003-14,7144,6742,391-16,184-15,087-21,316-26,994
total shareholders funds56,93351,480-1,385-1,89424,80743,1808,0896,003-14,7144,6742,391-16,184-15,087-21,316-26,994
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit7,27165,265628-26,701-18,53942,9672,47825,829-19,4462,77324,155-1,0148,5738,484-26,657
Depreciation000003,0132,2361,9292,6313,4892,5091,4051,1681,1621,234
Amortisation000000000000000
Tax-1,818-12,400-11900-8,231-489-5,1790-607-5,5480-2,189-2,2080
Stock000000000000000
Debtors-28,93662,953-12,9839,63620,1105,38114,511-7,7862,134-3,8314,855-12,00310,3556,7000
Creditors-24,3088,385-18,47731,67847,5077,520-838-25,015-4,336-5,91413,808-14,42013,9347,99714,784
Accruals and Deferred Income00-955-1,770-43,19717,105-3,85433,3710000000
Deferred Taxes & Provisions0000-1,4811,481000000000
Cash flow from operations10,081-1,703-5,940-6,429-35,82058,474-14,97838,721-23,2853,57230,069-2,02611,1318,735-10,639
Investing Activities
capital expenditure-10,0811,7035,9406,429-35,037-7,026-5,02200-3,931-3,803-2,190-4,0390-2,561
Change in Investments000000000000000
cash flow from investments-10,0811,7035,9406,429-35,037-7,026-5,02200-3,931-3,803-2,190-4,0390-2,561
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000-201-4,879-9,94115,021000-1,009583318108
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000-100000000000100
interest0000266356976758117-31-84-156-598-437
cash flow from financing0000-35-4,523-9,84415,08858117-31-1,093427-280-229
cash and cash equivalents
cash0000-70,89246,924-29,84453,809-23,227-24223,469-2,5432,54303
overdraft0000000000-2,7652,765-4,977-8,45513,432
change in cash0000-70,89246,924-29,84453,809-23,227-24226,234-5,3087,5208,455-13,429

rigging machine 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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Rigging Machine Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

yose lawson 100%

rigging machine limited directors

Rigging Machine Limited currently has 1 director, Mr Yose Lawson serving since Oct 2006.

officercountryagestartendrole
Mr Yose LawsonEngland51 years Oct 2006- Director

P&L

October 2023

turnover

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 2023

net 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

None

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

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