r & t king logistics limited

r & t king logistics limited Company Information

Share R & T KING LOGISTICS LIMITED
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Company Number

06033631

Industry

Freight transport by road

 

Directors

Richard King

Shareholders

richard alan king

tracy jane king

Group Structure

View All

Contact

Registered Address

81 coronation avenue, keynsham, bristol, BS31 2QD

Website

-

r & t king logistics limited Estimated Valuation

£79.9k

Pomanda estimates the enterprise value of R & T KING LOGISTICS LIMITED at £79.9k based on a Turnover of £186.1k and 0.43x industry multiple (adjusted for size and gross margin).

r & t king logistics limited Estimated Valuation

£0

Pomanda estimates the enterprise value of R & T KING LOGISTICS LIMITED at £0 based on an EBITDA of £-3.4k and a 3.03x industry multiple (adjusted for size and gross margin).

r & t king logistics limited Estimated Valuation

£146.4k

Pomanda estimates the enterprise value of R & T KING LOGISTICS LIMITED at £146.4k based on Net Assets of £54.9k and 2.66x industry multiple (adjusted for liquidity).

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R & T King Logistics Limited Overview

R & T King Logistics Limited is a live company located in bristol, BS31 2QD with a Companies House number of 06033631. It operates in the freight transport by road sector, SIC Code 49410. Founded in December 2006, it's largest shareholder is richard alan king with a 80% stake. R & T King Logistics Limited is a established, micro sized company, Pomanda has estimated its turnover at £186.1k with declining growth in recent years.

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R & T King Logistics Limited Health Check

Pomanda's financial health check has awarded R & T King Logistics Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £186.1k, make it smaller than the average company (£10.8m)

£186.1k - R & T King Logistics Limited

£10.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (9.1%)

-7% - R & T King Logistics Limited

9.1% - Industry AVG

production

Production

with a gross margin of 14.6%, this company has a higher cost of product (22.2%)

14.6% - R & T King Logistics Limited

22.2% - Industry AVG

profitability

Profitability

an operating margin of -1.8% make it less profitable than the average company (5.2%)

-1.8% - R & T King Logistics Limited

5.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (65)

1 - R & T King Logistics Limited

65 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)

£40.7k - R & T King Logistics Limited

£40.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £186.1k, this is more efficient (£141.4k)

£186.1k - R & T King Logistics Limited

£141.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 82 days, this is later than average (52 days)

82 days - R & T King Logistics Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 69 days, this is slower than average (30 days)

69 days - R & T King Logistics Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - R & T King Logistics Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - R & T King Logistics Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44.9%, this is a lower level of debt than the average (60.3%)

44.9% - R & T King Logistics Limited

60.3% - Industry AVG

R & T KING LOGISTICS LIMITED financials

EXPORTms excel logo

R & T King Logistics Limited's latest turnover from December 2023 is estimated at £186.1 thousand and the company has net assets of £54.9 thousand. According to their latest financial statements, R & T King Logistics Limited 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 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover186,054190,378204,232231,642184,901143,496198,942278,587177,161230,927228,363224,069301,678288,4180
Other Income Or Grants000000000000000
Cost Of Sales158,987162,552175,939200,752160,737125,102172,820240,466154,174203,092202,797199,402266,215251,9840
Gross Profit27,06727,82628,29330,89024,16418,39426,12238,12122,98727,83625,56724,66635,46336,4340
Admin Expenses30,44437,46822,20730,33128,6025,99324,86953,18710,3198,8707,54124,44442,70721,441-37,981
Operating Profit-3,377-9,6426,086559-4,43812,4011,253-15,06612,66818,96618,026222-7,24414,99337,981
Interest Payable000000000000000
Interest Receivable00000004518718117216818917970
Pre-Tax Profit-3,377-9,6426,086559-4,43812,4011,253-15,02112,85519,14718,197389-7,05515,17238,051
Tax00-1,156-1060-2,356-2380-2,571-4,021-4,185-930-4,248-10,654
Profit After Tax-3,377-9,6424,930453-4,43810,0451,015-15,02110,28415,12614,012296-7,05510,92427,397
Dividends Paid000000000000000
Retained Profit-3,377-9,6424,930453-4,43810,0451,015-15,02110,28415,12614,012296-7,05510,92427,397
Employee Costs40,71638,88536,10134,48434,29133,62332,55732,10831,54260,82459,83459,10858,02057,1350
Number Of Employees111111111222220
EBITDA*-3,377-9,6426,086559-4,43812,4011,253-15,06628,96724,99229,53818,84710,78530,20648,337

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets54,20565,34580,61288,05793,903114,78361,31562,63078,79395,01128,30639,73756,56174,09151,597
Intangible Assets0000000078159240321402483564
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets54,20565,34580,61288,05793,903114,78361,31562,63078,87195,17028,54640,05856,96374,57452,161
Stock & work in progress000000000000000
Trade Debtors42,18747,00844,17351,04939,55429,57149,01268,00927,56639,04239,73031,18351,24151,66428,348
Group Debtors000000000000000
Misc Debtors3,3573,1373,0243,2572,7683,175000000000
Cash0000000035,80139,10233,42635,27231,79143,63828,058
misc current assets0000003,6552,9400000000
total current assets45,54450,14547,19754,30642,32232,74652,66770,94963,36778,14473,15666,45583,03295,30256,406
total assets99,749115,490127,809142,363136,225147,529113,982133,579142,238173,314101,702106,513139,995169,876108,567
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 30,23934,16351,42553,86140,98931,66743,52961,90540,78949,74946,79056,70068,78170,94636,582
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities30,23934,16351,42553,86140,98931,66743,52961,90540,78949,74946,79056,70068,78170,94636,582
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income2,3243,5872,6871,5912,9221,4091,5221,4391,447000000
other liabilities12,23719,4145,72923,87329,72947,43011,95314,27229,01843,7633,81310,49228,89046,13334,716
provisions00000000019,0025,4257,65910,95814,3769,772
total long term liabilities14,56123,0018,41625,46432,65148,83913,47515,71130,46562,7659,23818,15139,84860,50944,488
total liabilities44,80057,16459,84179,32573,64080,50657,00477,61671,254112,51456,02874,851108,629131,45581,070
net assets54,94958,32667,96863,03862,58567,02356,97855,96370,98460,80045,67431,66231,36638,42127,497
total shareholders funds54,94958,32667,96863,03862,58567,02356,97855,96370,98460,80045,67431,66231,36638,42127,497
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-3,377-9,6426,086559-4,43812,4011,253-15,06612,66818,96618,026222-7,24414,99337,981
Depreciation0000000016,2185,94511,43118,54418,02915,13210,275
Amortisation000000008181818108181
Tax00-1,156-1060-2,356-2380-2,571-4,021-4,185-930-4,248-10,654
Stock000000000000000
Debtors-4,6012,948-7,10911,9849,576-16,266-18,99740,443-11,476-6888,547-20,058-42323,31628,348
Creditors-3,924-17,262-2,43612,8729,322-11,862-18,37621,116-8,9602,959-9,910-12,081-2,16534,36436,582
Accruals and Deferred Income-1,2639001,096-1,3311,513-11383-81,447000000
Deferred Taxes & Provisions00000000-19,00213,577-2,234-3,299-3,4184,6049,772
Cash flow from operations-3,963-28,95210,69910-3,17914,3361,719-34,40111,35738,1954,66223,4325,62541,61055,689
Investing Activities
capital expenditure11,14015,2677,4455,84620,880-53,4681,31516,2410-72,6500-1,720-418-37,626-62,517
Change in Investments000000000000000
cash flow from investments11,14015,2677,4455,84620,880-53,4681,31516,2410-72,6500-1,720-418-37,626-62,517
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-7,17713,685-18,144-5,856-17,70135,477-2,319-14,746-14,74539,950-6,679-18,398-17,24311,41734,716
share issue00000000-10000000100
interest00000004518718117216818917970
cash flow from financing-7,17713,685-18,144-5,856-17,70135,477-2,319-14,701-14,65840,131-6,507-18,230-17,05411,59634,886
cash and cash equivalents
cash0000000-35,801-3,3015,676-1,8463,481-11,84715,58028,058
overdraft000000000000000
change in cash0000000-35,801-3,3015,676-1,8463,481-11,84715,58028,058

r & t king logistics 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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R & T King Logistics Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for r & t king logistics limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in BS31 area or any other competitors across 12 key performance metrics.

r & t king logistics limited Ownership

R & T KING LOGISTICS LIMITED group structure

R & T King Logistics Limited has no subsidiary companies.

Ultimate parent company

R & T KING LOGISTICS LIMITED

06033631

R & T KING LOGISTICS LIMITED Shareholders

richard alan king 80%
tracy jane king 20%

r & t king logistics limited directors

R & T King Logistics Limited currently has 1 director, Mr Richard King serving since Dec 2006.

officercountryagestartendrole
Mr Richard King48 years Dec 2006- Director

P&L

December 2023

turnover

186.1k

-2%

operating profit

-3.4k

0%

gross margin

14.6%

-0.47%

turnover

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

Balance Sheet

December 2023

net assets

54.9k

-0.06%

total assets

99.7k

-0.14%

cash

0

0%

net assets

Total assets minus all liabilities

r & t king logistics limited company details

company number

06033631

Type

Private limited with Share Capital

industry

49410 - Freight transport by road

incorporation date

December 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

81 coronation avenue, keynsham, bristol, BS31 2QD

Bank

HSBC BANK PLC

Legal Advisor

-

r & t king logistics 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 r & t king logistics limited.

r & t king logistics 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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r & t king logistics limited Companies House Filings - See Documents

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