Rocket Commerce Ltd

POWER SEARCH PRICING

SOLUTIONS

rocket commerce ltd Company Information

Live

EstablishedMicroRapid

Company Number

06194330

Website

www.rocketcommerce.co.uk

Registered Address

4 king square, bridgwater, somerset, TA6 3YF

Industry

Business and domestic software development

Telephone

01278238681

Next Accounts Due

December 2024

Group Structure

View All

Directors

Luke Fothergill17 Years

Eric Smith4 Years

View All

Shareholders

luke adrian fothergill 70%

eric christopher smith 20%

View All

rocket commerce ltd Estimated Valuation

£84.5k

Pomanda estimates the enterprise value of ROCKET COMMERCE LTD at £84.5k based on an EBITDA of £20.7k and a 4.07x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Rocket Commerce Ltd is a live company located in somerset, TA6 3YF with a Companies House number of 06194330. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2007, it's largest shareholder is luke adrian fothergill with a 70% stake. Rocket Commerce Ltd is a established, micro sized company, Pomanda has estimated its turnover at £75.2k with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Rocket Commerce Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

4 Strong

3 Regular

4 Weak

Size

annual sales of £75.2k, make it smaller than the average company (£3m)

Growth

3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (8.3%)

EXPORT

Rocket Commerce Ltd's latest turnover from March 2023 is estimated at £75.2 thousand and the company has net assets of £29.3 thousand. According to their latest financial statements, Rocket Commerce Ltd has 2 employees and maintains cash reserves of £21.1 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	75,248	56,282	57,141	33,424	36,353	63,869	56,619	16,565	48,601	41,482	17,967	6,976	8,512	2,375
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	43,887	31,438	32,514	18,981	21,087	37,486	32,017	9,390	26,418	23,303	9,613	3,583	4,217	1,285
Gross Profit	31,360	24,844	24,627	14,443	15,266	26,383	24,602	7,176	22,183	18,179	8,354	3,393	4,295	1,090
Admin Expenses	10,853	21,087	23,558	15,964	17,246	25,362	26,050	19,118	24,671	17,479	-7,004	-6,718	-688	-2,875
Operating Profit	20,507	3,757	1,069	-1,521	-1,980	1,021	-1,448	-11,942	-2,488	700	15,358	10,111	4,983	3,965
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	764	93	9	8	66	43	19	33	35	56	54	38	28	7
Pre-Tax Profit	21,272	3,849	1,078	-1,513	-1,914	1,064	-1,429	-11,909	-2,453	756	15,412	10,149	5,011	3,972
Tax	-4,042	-731	-205	0	0	-202	0	0	0	-174	-3,699	-2,639	-1,403	-1,112
Profit After Tax	17,230	3,118	873	-1,513	-1,914	862	-1,429	-11,909	-2,453	582	11,713	7,510	3,608	2,860
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	17,230	3,118	873	-1,513	-1,914	862	-1,429	-11,909	-2,453	582	11,713	7,510	3,608	2,860
Employee Costs	129,786	120,875	113,204	57,284	60,338	117,042	113,712	54,005	53,705	54,377	52,300	52,135	50,578	49,020
Number Of Employees	2	2	2	1	1	2	2	1	1	1	1	1	1	1
EBITDA*	20,749	4,052	1,428	-951	-1,314	1,805	-653	-10,973	-624	2,565	16,850	11,563	5,259	4,185

* 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	1,100	1,342	1,637	1,996	2,566	3,232	3,620	4,415	10,058	10,900	10,037	9,894	1,104	880
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	1,100	1,342	1,637	1,996	2,566	3,232	3,620	4,415	10,058	10,900	10,037	9,894	1,104	880
Stock & work in progress	0	0	0	0	0	0	500	500	3,342	1,998	4,714	0	0	0
Trade Debtors	13,094	3,723	5,018	4,673	5,268	5,817	2,528	5,008	14,559	11,572	4,817	1,813	2,245	620
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	21,070	14,906	9,769	7,680	8,580	8,993	8,211	6,967	6,410	7,719	14,777	6,652	8,424	2,775
misc current assets	0	0	0	0	0	0	100	0	0	0	0	0	0	0
total current assets	34,164	18,629	14,787	12,353	13,848	14,810	11,339	12,475	24,311	21,289	24,308	8,465	10,669	3,395
total assets	35,264	19,971	16,424	14,349	16,414	18,042	14,959	16,890	34,369	32,189	34,345	18,359	11,773	4,275
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	5,671	7,608	7,123	5,853	6,296	5,884	35	42	10,549	5,916	8,654	4,381	5,305	1,415
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	0	0	0	0	0	0	4,242	4,937	0	0	0	0	0	0
total current liabilities	5,671	7,608	7,123	5,853	6,296	5,884	4,277	4,979	10,549	5,916	8,654	4,381	5,305	1,415
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	255	255	311	379	488	614	0	0	0	0	0	0	0	0
total long term liabilities	255	255	311	379	488	614	0	0	0	0	0	0	0	0
total liabilities	5,926	7,863	7,434	6,232	6,784	6,498	4,277	4,979	10,549	5,916	8,654	4,381	5,305	1,415
net assets	29,338	12,108	8,990	8,117	9,630	11,544	10,682	11,911	23,820	26,273	25,691	13,978	6,468	2,860
total shareholders funds	29,338	12,108	8,990	8,117	9,630	11,544	10,682	11,911	23,820	26,273	25,691	13,978	6,468	2,860

	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	20,507	3,757	1,069	-1,521	-1,980	1,021	-1,448	-11,942	-2,488	700	15,358	10,111	4,983	3,965
Depreciation	242	295	359	570	666	784	795	969	1,864	1,865	1,492	1,452	276	220
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-4,042	-731	-205	0	0	-202	0	0	0	-174	-3,699	-2,639	-1,403	-1,112
Stock	0	0	0	0	0	-500	0	-2,842	1,344	-2,716	4,714	0	0	0
Debtors	9,371	-1,295	345	-595	-549	3,289	-2,480	-9,551	2,987	6,755	3,004	-432	1,625	620
Creditors	-1,937	485	1,270	-443	412	5,849	-7	-10,507	4,633	-2,738	4,273	-924	3,890	1,415
Accruals and Deferred Income	0	0	0	0	0	-4,242	-695	4,937	0	0	0	0	0	0
Deferred Taxes & Provisions	0	-56	-68	-109	-126	614	0	0	0	0	0	0	0	0
Cash flow from operations	5,399	5,045	2,080	-908	-479	1,035	1,125	-4,150	-322	-4,386	9,706	8,432	6,121	3,868
Investing Activities
capital expenditure	0	0	0	0	0	-396	0	4,674	-1,022	-2,728	-1,635	-10,242	-500	-1,100
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	-396	0	4,674	-1,022	-2,728	-1,635	-10,242	-500	-1,100
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	0	0	0	0	0	0	200	0	0	0	0	0	0	0
interest	764	93	9	8	66	43	19	33	35	56	54	38	28	7
cash flow from financing	764	93	9	8	66	43	219	33	35	56	54	38	28	7
cash and cash equivalents
cash	6,164	5,137	2,089	-900	-413	782	1,244	557	-1,309	-7,058	8,125	-1,772	5,649	2,775
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	6,164	5,137	2,089	-900	-413	782	1,244	557	-1,309	-7,058	8,125	-1,772	5,649	2,775

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for rocket commerce ltd. Get real-time insights into rocket commerce ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for rocket commerce ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in TA6 area or any other competitors across 12 key performance metrics.

ROCKET COMMERCE LTD group structure

Rocket Commerce Ltd has no subsidiary companies.

Ultimate parent company

ROCKET COMMERCE LTD

06194330

ROCKET COMMERCE LTD Shareholders

luke adrian fothergill	70%
eric christopher smith	20%
james revington	10%

Rocket Commerce Ltd currently has 3 directors. The longest serving directors include Mr Luke Fothergill (Mar 2007) and Mr Eric Smith (Sep 2020).

officer	country	age	start	end	role
Mr Luke Fothergill	United Kingdom	38 years	Mar 2007	-	Director
Mr Eric Smith	United Kingdom	41 years	Sep 2020	-	Director
Mr James Revington	United Kingdom	38 years	May 2023	-	Director

P&L

March 2023

turnover

75.2k

+34%

operating profit

20.5k

gross margin

41.7%

-5.59%

turnover

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

Balance Sheet

March 2023

net assets

29.3k

+1.42%

total assets

35.3k

+0.77%

cash

21.1k

+0.41%

net assets

Total assets minus all liabilities

Similar Companies

accountinghub.io ltd

vizabul limited

1.5

sjt testing solutions ltd

smartt software limited

4.5

ministry of software limited

company number

06194330

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

March 2007

accounts

Unaudited Abridged

ultimate parent company

None

previous names

sharp format ltd (August 2012)

last accounts submitted

March 2023

address

4 king square, bridgwater, somerset, TA6 3YF

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 rocket commerce ltd.

rocket commerce ltd Company Information

rocket commerce ltd Estimated Valuation

rocket commerce ltd Estimated Valuation

rocket commerce ltd Estimated Valuation

Rocket Commerce Ltd Overview

Rocket Commerce Ltd Health Check

ROCKET COMMERCE LTD financials

rocket commerce ltd Credit Report and Business Information

Rocket Commerce Ltd Competitor Analysis

rocket commerce ltd Ownership

rocket commerce ltd directors

rocket commerce ltd company details

rocket commerce ltd Charges & Mortgages

rocket commerce ltd Companies House Filings - See Documents