radar plugging ltd

radar plugging ltd Company Information

Share RADAR PLUGGING LTD
Live 
EstablishedSmallDeclining

Company Number

06011987

Industry

Support activities to performing arts

 

Shareholders

nigel harding

brad hunner

Group Structure

View All

Contact

Registered Address

28d leathwaite road, london, SW11 1XQ

Website

-

radar plugging ltd Estimated Valuation

£554.8k

Pomanda estimates the enterprise value of RADAR PLUGGING LTD at £554.8k based on a Turnover of £1.3m and 0.43x industry multiple (adjusted for size and gross margin).

radar plugging ltd Estimated Valuation

£276k

Pomanda estimates the enterprise value of RADAR PLUGGING LTD at £276k based on an EBITDA of £52.9k and a 5.22x industry multiple (adjusted for size and gross margin).

radar plugging ltd Estimated Valuation

£1m

Pomanda estimates the enterprise value of RADAR PLUGGING LTD at £1m based on Net Assets of £759.5k and 1.37x industry multiple (adjusted for liquidity).

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Radar Plugging Ltd Overview

Radar Plugging Ltd is a live company located in london, SW11 1XQ with a Companies House number of 06011987. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in November 2006, it's largest shareholder is nigel harding with a 51% stake. Radar Plugging Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.

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Radar Plugging Ltd Health Check

Pomanda's financial health check has awarded Radar Plugging Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.3m, make it larger than the average company (£293.6k)

£1.3m - Radar Plugging Ltd

£293.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (9.8%)

-6% - Radar Plugging Ltd

9.8% - Industry AVG

production

Production

with a gross margin of 12.8%, this company has a higher cost of product (32.1%)

12.8% - Radar Plugging Ltd

32.1% - Industry AVG

profitability

Profitability

an operating margin of 4.1% make it as profitable than the average company (4.1%)

4.1% - Radar Plugging Ltd

4.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Radar Plugging Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.7k, the company has an equivalent pay structure (£31.7k)

£31.7k - Radar Plugging Ltd

£31.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.3m, this is more efficient (£82.3k)

£1.3m - Radar Plugging Ltd

£82.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 103 days, this is later than average (14 days)

103 days - Radar Plugging Ltd

14 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (26 days)

6 days - Radar Plugging Ltd

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Radar Plugging Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Radar Plugging Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.6%, this is a lower level of debt than the average (33.4%)

2.6% - Radar Plugging Ltd

33.4% - Industry AVG

RADAR PLUGGING LTD financials

EXPORTms excel logo

Radar Plugging Ltd's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £759.5 thousand. According to their latest financial statements, Radar Plugging Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,298,9801,086,508795,8701,578,5051,672,3811,267,0551,508,9792,287,3741,098,6941,016,6481,000,0531,037,612223,774158,305105,586
Other Income Or Grants000000000000000
Cost Of Sales1,133,303918,453774,7161,398,8171,456,8261,124,2311,315,2761,909,813921,417871,768851,770880,872186,354128,51083,895
Gross Profit165,677168,05521,154179,689215,556142,825193,703377,561177,277144,880148,283156,74037,42029,79421,691
Admin Expenses112,784197,226168,21395,489197,219317,56875,964305,534-8,494-5,739-43,19537,332-114,509-62,997-254,643
Operating Profit52,893-29,171-147,05984,20018,337-174,743117,73972,027185,771150,619191,478119,408151,92992,791276,334
Interest Payable000000000000000
Interest Receivable0000007163581,0751,6072,1941,9331,6751,241552
Pre-Tax Profit52,893-29,171-147,05984,20018,337-174,743118,45672,385186,846152,227193,673121,341153,60494,032276,886
Tax-13,22300-15,998-3,4840-22,507-14,477-37,369-31,968-44,545-29,122-39,937-26,329-77,528
Profit After Tax39,670-29,171-147,05968,20214,853-174,74395,94957,908149,477120,259149,12892,219113,66767,703199,358
Dividends Paid000000000000000
Retained Profit39,670-29,171-147,05968,20214,853-174,74395,94957,908149,477120,259149,12892,219113,66767,703199,358
Employee Costs31,68728,13257,56856,12256,78753,65350,656353,082191,353178,565214,152214,08049,42449,22724,382
Number Of Employees1122222158788221
EBITDA*52,893-29,171-147,05984,20018,337-174,743117,73972,027187,169152,682193,064121,127154,12094,578277,339

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets412,460420,063428,164436,347444,221451,478555,078541,844484,538485,3542,6682,9054,6244,7972,675
Intangible Assets000000000000000
Investments & Other0000000025,000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets412,460420,063428,164436,347444,221451,478555,078541,844509,538485,3542,6682,9054,6244,7972,675
Stock & work in progress000000000000000
Trade Debtors367,046322,795332,960487,158423,006370,863483,655463,077168,768175,797180,079184,71031,76018,94212,984
Group Debtors000000000000000
Misc Debtors00000000000003,0550
Cash00000000286,471143,645499,311378,443394,587275,482220,834
misc current assets000001,5192181,1460000000
total current assets367,046322,795332,960487,158423,006372,382483,873464,223455,239319,442679,390563,153426,347297,479233,818
total assets779,506742,858761,124923,505867,227823,8601,038,9511,006,067964,777804,796682,058566,058430,971302,276236,493
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 19,99423,01612,11127,43339,35710,84351,17854,87672,39961,73259,44892,52932,82034,20736,572
Group/Directors Accounts00000000000016,49700
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities19,99423,01612,11127,43339,35710,84351,17854,87672,39961,73259,44892,52949,31734,20736,572
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000131,4720000000
other liabilities000000000000000
provisions000000005667295345819251,007562
total long term liabilities000000131,4725667295345819251,007562
total liabilities19,99423,01612,11127,43339,35710,84351,19156,34872,96562,46159,98293,11050,24235,21437,134
net assets759,512719,842749,013896,072827,870813,017987,760949,719891,812742,335622,076472,948380,729267,062199,359
total shareholders funds759,512719,842749,013896,072827,870813,017987,760949,719891,812742,335622,076472,948380,729267,062199,359
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit52,893-29,171-147,05984,20018,337-174,743117,73972,027185,771150,619191,478119,408151,92992,791276,334
Depreciation000000001,3982,0631,5861,7192,1911,7871,005
Amortisation000000000000000
Tax-13,22300-15,998-3,4840-22,507-14,477-37,369-31,968-44,545-29,122-39,937-26,329-77,528
Stock000000000000000
Debtors44,251-10,165-154,19864,15252,143-112,792314,887294,309-7,029-4,282-4,631152,9509,7639,01312,984
Creditors-3,02210,905-15,322-11,92428,514-40,335-21,221-17,52310,6672,284-33,08159,709-1,387-2,36536,572
Accruals and Deferred Income00000-13131,4720000000
Deferred Taxes & Provisions000000-566-566-163195-47-344-82445562
Cash flow from operations-7,603-8,101-8,183-7,874-8,776-102,299-241,429-253,376167,333127,475120,022-1,580102,95157,316223,961
Investing Activities
capital expenditure7,6038,1018,1837,8747,257103,600-70,540-57,306-582-484,749-1,3490-2,018-3,909-3,680
Change in Investments000000-25,000-25,00025,000000000
cash flow from investments7,6038,1018,1837,8747,257103,600-45,540-32,306-25,582-484,749-1,3490-2,018-3,909-3,680
Financing Activities
Bank loans000000000000000
Group/Directors Accounts00000000000-16,49716,49700
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000-1-10000001
interest0000007163581,0751,6072,1941,9331,6751,241552
cash flow from financing0000007153571,0751,6072,194-14,56418,1721,241553
cash and cash equivalents
cash000000-286,471-286,471142,826-355,666120,868-16,144119,10554,648220,834
overdraft000000000000000
change in cash000000-286,471-286,471142,826-355,666120,868-16,144119,10554,648220,834

radar plugging ltd 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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Radar Plugging Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for radar plugging ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in SW11 area or any other competitors across 12 key performance metrics.

radar plugging ltd Ownership

RADAR PLUGGING LTD group structure

Radar Plugging Ltd has no subsidiary companies.

Ultimate parent company

RADAR PLUGGING LTD

06011987

RADAR PLUGGING LTD Shareholders

nigel harding 51%
brad hunner 49%

radar plugging ltd directors

Radar Plugging Ltd currently has 2 directors. The longest serving directors include Mr Brad Hunner (Nov 2006) and Mr Nigel Harding (Dec 2018).

officercountryagestartendrole
Mr Brad Hunner52 years Nov 2006- Director
Mr Nigel HardingEngland51 years Dec 2018- Director

P&L

December 2023

turnover

1.3m

+20%

operating profit

52.9k

0%

gross margin

12.8%

-17.54%

turnover

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

Balance Sheet

December 2023

net assets

759.5k

+0.06%

total assets

779.5k

+0.05%

cash

0

0%

net assets

Total assets minus all liabilities

radar plugging ltd company details

company number

06011987

Type

Private limited with Share Capital

industry

90020 - Support activities to performing arts

incorporation date

November 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

28d leathwaite road, london, SW11 1XQ

Bank

-

Legal Advisor

-

radar plugging ltd 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 radar plugging ltd.

radar plugging ltd 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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radar plugging ltd Companies House Filings - See Documents

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