rka solutions limited
rka solutions limited Company Information
Company Number
06183534
Website
rka-solutionsltd.co.ukRegistered Address
23 woodland road, northfield, birmingham, west midlands, B31 2HU
Industry
Manufacture of other special-purpose machinery n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Richard Bowen17 Years
Shareholders
mr richard john henry bowen 90.9%
ms karen adeline bowen 9.1%
rka solutions limited Estimated Valuation
Pomanda estimates the enterprise value of RKA SOLUTIONS LIMITED at £100.3k based on a Turnover of £173.4k and 0.58x industry multiple (adjusted for size and gross margin).
rka solutions limited Estimated Valuation
Pomanda estimates the enterprise value of RKA SOLUTIONS LIMITED at £0 based on an EBITDA of £-2.4k and a 4.48x industry multiple (adjusted for size and gross margin).
rka solutions limited Estimated Valuation
Pomanda estimates the enterprise value of RKA SOLUTIONS LIMITED at £0 based on Net Assets of £-811 and 2.03x industry multiple (adjusted for liquidity).
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Rka Solutions Limited Overview
Rka Solutions Limited is a live company located in west midlands, B31 2HU with a Companies House number of 06183534. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in March 2007, it's largest shareholder is mr richard john henry bowen with a 90.9% stake. Rka Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £173.4k with low growth in recent years.
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Rka Solutions Limited Health Check
Pomanda's financial health check has awarded Rka Solutions Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £173.4k, make it smaller than the average company (£11.2m)
- Rka Solutions Limited
£11.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.1%)
- Rka Solutions Limited
2.1% - Industry AVG
Production
with a gross margin of 30.8%, this company has a comparable cost of product (30.8%)
- Rka Solutions Limited
30.8% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (6.3%)
- Rka Solutions Limited
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (66)
1 - Rka Solutions Limited
66 - Industry AVG
Pay Structure
on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)
- Rka Solutions Limited
£48.6k - Industry AVG
Efficiency
resulting in sales per employee of £173.4k, this is equally as efficient (£173.4k)
- Rka Solutions Limited
£173.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rka Solutions Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Rka Solutions Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rka Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (13 weeks)
43 weeks - Rka Solutions Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.5%, this is a higher level of debt than the average (49.1%)
120.5% - Rka Solutions Limited
49.1% - Industry AVG
RKA SOLUTIONS LIMITED financials
Rka Solutions Limited's latest turnover from March 2023 is estimated at £173.4 thousand and the company has net assets of -£811. According to their latest financial statements, Rka Solutions Limited has 1 employee and maintains cash reserves of £4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | 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 | 0 | 61 | 279 | 497 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 61 | 279 | 497 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 8,014 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 174 | 174 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 3,962 | 1,485 | 4,626 | 7,198 | 21,128 | 3,720 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,962 | 1,485 | 4,626 | 7,372 | 29,316 | 3,721 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 3,962 | 1,485 | 4,687 | 7,651 | 29,813 | 3,721 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,773 | 0 | 8,784 | 1,454 | 17,031 | 2,681 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,773 | 0 | 8,784 | 1,454 | 17,031 | 2,681 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,773 | 0 | 8,784 | 1,454 | 17,031 | 2,681 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | -811 | 1,485 | -4,097 | 6,197 | 12,782 | 1,040 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | -811 | 1,485 | -4,097 | 6,197 | 12,782 | 1,040 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | 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 | 0 | 61 | 218 | 218 | 159 | 0 | 0 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -174 | -8,014 | 8,188 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 4,773 | -8,784 | 7,330 | -15,577 | 14,350 | 2,681 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 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 | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 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 | 2,477 | -3,141 | -2,572 | -13,930 | 17,408 | 3,710 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,477 | -3,141 | -2,572 | -13,930 | 17,408 | 3,710 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
rka solutions limited Credit Report and Business Information
Rka Solutions Limited Competitor Analysis
Perform a competitor analysis for rka solutions limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in B31 area or any other competitors across 12 key performance metrics.
rka solutions limited Ownership
RKA SOLUTIONS LIMITED group structure
Rka Solutions Limited has no subsidiary companies.
Ultimate parent company
RKA SOLUTIONS LIMITED
06183534
rka solutions limited directors
Rka Solutions Limited currently has 1 director, Mr Richard Bowen serving since Mar 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Bowen | 58 years | Mar 2007 | - | Director |
P&L
March 2023turnover
173.4k
+9%
operating profit
-2.4k
0%
gross margin
30.9%
-3.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-811
-1.55%
total assets
4k
+1.67%
cash
4k
+1.67%
net assets
Total assets minus all liabilities
rka solutions limited company details
company number
06183534
Type
Private limited with Share Capital
industry
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
March 2007
age
17
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
23 woodland road, northfield, birmingham, west midlands, B31 2HU
accountant
BROOKSON LIMITED
auditor
-
rka solutions 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 rka solutions limited.
rka solutions limited Companies House Filings - See Documents
| date | description | view/download |
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