ryecroft optics ltd Company Information
Company Number
06055757
Website
-Registered Address
29 ryecroft lane, worsley, manchester, M28 2PN
Industry
Other human health activities
Telephone
01613704315
Next Accounts Due
October 2024
Group Structure
View All
Directors
Krishna Kumar17 Years
Shareholders
krishna kumar 100%
ryecroft optics ltd Estimated Valuation
Pomanda estimates the enterprise value of RYECROFT OPTICS LTD at £60.7k based on a Turnover of £144.7k and 0.42x industry multiple (adjusted for size and gross margin).
ryecroft optics ltd Estimated Valuation
Pomanda estimates the enterprise value of RYECROFT OPTICS LTD at £0 based on an EBITDA of £-6.8k and a 3.68x industry multiple (adjusted for size and gross margin).
ryecroft optics ltd Estimated Valuation
Pomanda estimates the enterprise value of RYECROFT OPTICS LTD at £41.3k based on Net Assets of £17.4k and 2.38x industry multiple (adjusted for liquidity).
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Ryecroft Optics Ltd Overview
Ryecroft Optics Ltd is a dissolved company that was located in manchester, M28 2PN with a Companies House number of 06055757. It operated in the other human health activities sector, SIC Code 86900. Founded in January 2007, it's largest shareholder was krishna kumar with a 100% stake. The last turnover for Ryecroft Optics Ltd was estimated at £144.7k.
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Ryecroft Optics Ltd Health Check
Pomanda's financial health check has awarded Ryecroft Optics Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £144.7k, make it smaller than the average company (£683.2k)
- Ryecroft Optics Ltd
£683.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (4.4%)
- Ryecroft Optics Ltd
4.4% - Industry AVG
Production
with a gross margin of 20.6%, this company has a higher cost of product (34.9%)
- Ryecroft Optics Ltd
34.9% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (6.5%)
- Ryecroft Optics Ltd
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (19)
2 - Ryecroft Optics Ltd
19 - Industry AVG
Pay Structure
on an average salary of £22.3k, the company has an equivalent pay structure (£22.3k)
- Ryecroft Optics Ltd
£22.3k - Industry AVG
Efficiency
resulting in sales per employee of £72.3k, this is more efficient (£39.8k)
- Ryecroft Optics Ltd
£39.8k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (20 days)
- Ryecroft Optics Ltd
20 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (17 days)
- Ryecroft Optics Ltd
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ryecroft Optics Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ryecroft Optics Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.8%, this is a higher level of debt than the average (21.3%)
61.8% - Ryecroft Optics Ltd
21.3% - Industry AVG
RYECROFT OPTICS LTD financials
Ryecroft Optics Ltd's latest turnover from March 2020 is estimated at £144.7 thousand and the company has net assets of £17.4 thousand. According to their latest financial statements, Ryecroft Optics Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 108,871 | ||||||||||
Other Income Or Grants | 0 | ||||||||||
Cost Of Sales | 21,405 | ||||||||||
Gross Profit | 87,466 | ||||||||||
Admin Expenses | |||||||||||
Operating Profit | |||||||||||
Interest Payable | 1,598 | ||||||||||
Interest Receivable | 0 | ||||||||||
Pre-Tax Profit | 25,624 | ||||||||||
Tax | -5,568 | ||||||||||
Profit After Tax | 20,056 | ||||||||||
Dividends Paid | 18,000 | ||||||||||
Retained Profit | 2,056 | ||||||||||
Employee Costs | |||||||||||
Number Of Employees | 2 | ||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 4,620 | 5,436 | 6,321 | 7,353 | 8,651 | 10,178 | 11,408 | 13,421 | 15,790 | 18,576 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,500 | 15,000 | 22,500 | 30,000 |
Investments & Other | 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 |
Total Fixed Assets | 0 | 4,620 | 5,436 | 6,321 | 7,353 | 8,651 | 10,178 | 18,908 | 28,421 | 38,290 | 48,576 |
Stock & work in progress | 0 | 0 | 0 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 |
Trade Debtors | 45,509 | 57,723 | 50,224 | 7,711 | 6,174 | 7,193 | 6,738 | 7,921 | 8,025 | 7,969 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,443 |
Cash | 0 | 0 | 0 | 30,187 | 17,101 | 15,268 | 18,850 | 17,988 | 4,177 | 17,119 | 5,751 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 45,509 | 57,723 | 50,224 | 40,398 | 25,775 | 24,961 | 28,088 | 28,409 | 14,702 | 27,588 | 16,694 |
total assets | 45,509 | 62,343 | 55,660 | 46,719 | 33,128 | 33,612 | 38,266 | 47,317 | 43,123 | 65,878 | 65,270 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,428 | 11,428 | 11,428 |
Trade Creditors | 3,382 | 3,329 | 4,659 | 8,077 | 6,970 | 7,893 | 6,763 | 16,848 | 2,704 | 1,929 | 2,238 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,079 | 6,430 | 6,527 |
total current liabilities | 3,382 | 3,329 | 4,659 | 8,077 | 6,970 | 7,893 | 6,763 | 16,848 | 17,211 | 19,787 | 20,193 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,524 | 20,953 | 32,381 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 24,750 | 34,866 | 12,962 | 11,060 | 323 | 941 | 9,790 | 11,703 | 12,095 | 12,140 | 1,720 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 24,750 | 34,866 | 12,962 | 11,060 | 323 | 941 | 9,790 | 11,703 | 21,619 | 33,093 | 34,101 |
total liabilities | 28,132 | 38,195 | 17,621 | 19,137 | 7,293 | 8,834 | 16,553 | 28,551 | 38,830 | 52,880 | 54,294 |
net assets | 17,377 | 24,148 | 38,039 | 27,582 | 25,835 | 24,778 | 21,713 | 18,766 | 4,293 | 12,998 | 10,976 |
total shareholders funds | 17,377 | 24,148 | 38,039 | 27,582 | 25,835 | 24,778 | 21,713 | 18,766 | 4,293 | 12,998 | 10,976 |
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 | |||||||||||
Depreciation | 1,115 | 1,298 | 1,527 | 1,780 | 2,013 | 2,369 | 2,786 | 3,279 | |||
Amortisation | 0 | 0 | 0 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | |||
Tax | -5,568 | ||||||||||
Stock | 0 | 0 | -2,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,500 |
Debtors | -12,214 | 7,499 | 42,513 | 1,537 | -1,019 | 455 | -1,183 | -104 | 56 | -474 | 8,443 |
Creditors | 53 | -1,330 | -3,418 | 1,107 | -923 | 1,130 | -10,085 | 14,144 | 775 | -309 | 2,238 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,079 | -3,351 | -97 | 6,527 |
Deferred Taxes & Provisions | 0 | 0 | 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 |
cash flow from investments | |||||||||||
Financing Activities | |||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11,428 | 0 | 0 | 11,428 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,524 | -11,429 | -11,428 | 32,381 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -10,116 | 21,904 | 1,902 | 10,737 | -618 | -8,849 | -1,913 | -392 | -45 | 10,420 | 1,720 |
share issue | |||||||||||
interest | -1,598 | ||||||||||
cash flow from financing | 52,851 | ||||||||||
cash and cash equivalents | |||||||||||
cash | 0 | 0 | -30,187 | 13,086 | 1,833 | -3,582 | 862 | 13,811 | -12,942 | 11,368 | 5,751 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | -30,187 | 13,086 | 1,833 | -3,582 | 862 | 13,811 | -12,942 | 11,368 | 5,751 |
ryecroft optics ltd Credit Report and Business Information
Ryecroft Optics Ltd Competitor Analysis
Perform a competitor analysis for ryecroft optics ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in M28 area or any other competitors across 12 key performance metrics.
ryecroft optics ltd Ownership
RYECROFT OPTICS LTD group structure
Ryecroft Optics Ltd has no subsidiary companies.
Ultimate parent company
RYECROFT OPTICS LTD
06055757
ryecroft optics ltd directors
Ryecroft Optics Ltd currently has 1 director, Dr Krishna Kumar serving since Jan 2007.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Dr Krishna Kumar | 80 years | Jan 2007 | - | Director |
P&L
March 2020turnover
144.7k
-49%
operating profit
-6.8k
0%
gross margin
20.6%
+0.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
17.4k
-0.28%
total assets
45.5k
-0.27%
cash
0
0%
net assets
Total assets minus all liabilities
ryecroft optics ltd company details
company number
06055757
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
January 2007
age
17
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2020
previous names
N/A
accountant
-
auditor
-
address
29 ryecroft lane, worsley, manchester, M28 2PN
Bank
BARCLAYS BANK PLC
Legal Advisor
-
ryecroft optics 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 ryecroft optics ltd.
ryecroft optics ltd Companies House Filings - See Documents
date | description | view/download |
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