rocket east road developments limited

rocket east road developments limited Company Information

Share ROCKET EAST ROAD DEVELOPMENTS LIMITED
Live 
EstablishedMicroDeclining

Company Number

06492782

Industry

Development of building projects

 

Shareholders

andrew hawkins

tom appleton

Group Structure

View All

Contact

Registered Address

2 st. james's street, london, SW1A 1EF

rocket east road developments limited Estimated Valuation

£20.5k

Pomanda estimates the enterprise value of ROCKET EAST ROAD DEVELOPMENTS LIMITED at £20.5k based on a Turnover of £40.8k and 0.5x industry multiple (adjusted for size and gross margin).

rocket east road developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ROCKET EAST ROAD DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-39.3k and a 3.64x industry multiple (adjusted for size and gross margin).

rocket east road developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ROCKET EAST ROAD DEVELOPMENTS LIMITED at £0 based on Net Assets of £-176.6k and 1.38x industry multiple (adjusted for liquidity).

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Rocket East Road Developments Limited Overview

Rocket East Road Developments Limited is a live company located in london, SW1A 1EF with a Companies House number of 06492782. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2008, it's largest shareholder is andrew hawkins with a 80% stake. Rocket East Road Developments Limited is a established, micro sized company, Pomanda has estimated its turnover at £40.8k with declining growth in recent years.

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Rocket East Road Developments Limited Health Check

Pomanda's financial health check has awarded Rocket East Road Developments Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £40.8k, make it smaller than the average company (£2.6m)

£40.8k - Rocket East Road Developments Limited

£2.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -37%, show it is growing at a slower rate (4.8%)

-37% - Rocket East Road Developments Limited

4.8% - Industry AVG

production

Production

with a gross margin of 26.7%, this company has a comparable cost of product (26.7%)

26.7% - Rocket East Road Developments Limited

26.7% - Industry AVG

profitability

Profitability

an operating margin of -96.3% make it less profitable than the average company (7%)

-96.3% - Rocket East Road Developments Limited

7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (7)

1 - Rocket East Road Developments Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)

£48.2k - Rocket East Road Developments Limited

£48.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £40.8k, this is less efficient (£298.9k)

£40.8k - Rocket East Road Developments Limited

£298.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Rocket East Road Developments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Rocket East Road Developments Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rocket East Road Developments Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)

0 weeks - Rocket East Road Developments Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 140.4%, this is a higher level of debt than the average (73.4%)

140.4% - Rocket East Road Developments Limited

73.4% - Industry AVG

ROCKET EAST ROAD DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Rocket East Road Developments Limited's latest turnover from December 2023 is £40.8 thousand and the company has net assets of -£176.6 thousand. According to their latest financial statements, we estimate that Rocket East Road Developments Limited has 1 employee and maintains cash reserves of £2.8 thousand 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
Turnover40,813163,252163,252163,252163,252142,602172,779161,554425,0008,613,5211,320,81213,403,13334,785,16016,958,4530
Other Income Or Grants000000000000000
Cost Of Sales29,920119,756122,180120,005118,362100,482120,065111,918196,5816,118,818584,6839,197,79931,540,73715,828,4020
Gross Profit10,89343,49641,07243,24744,89042,12052,71449,636228,4192,494,704736,1294,205,3343,244,4231,130,0510
Admin Expenses50,193191,120-96,086-224,295-73,613-38,585-85,457-13,73685,7922,619,82671,53424,59218,30910,6251,893
Operating Profit-39,300-147,624137,158267,542118,50380,705138,17163,372142,627-125,122664,5954,180,7423,226,1141,119,426-1,893
Interest Payable001330162371946663,073004,099,3783,226,6221,121,4720
Interest Receivable1,6471,4461,5141,7752,0472,0039,752001,51014,62329,5265082,044146
Pre-Tax Profit-37,653-146,178138,539269,317120,38882,337148,01764,038145,700-123,612679,218110,8900-2-1,747
Tax0-98-26,393-51,171-15,688-14,887-28,488-17,456-95,1000-151,233-21,828000
Profit After Tax-37,653-146,276112,146218,146104,70067,450119,52946,58250,600-123,612527,98589,0620-2-1,747
Dividends Paid00199,338199,338199,338199,338163,057322,1460053,21452,287000
Retained Profit-37,653-146,276-87,19218,808-94,638-131,888-43,528-275,56450,600-123,612474,77136,7750-2-1,747
Employee Costs48,24992,29445,36144,52043,61543,05326,35627,28583,7601,183,97174,7501,915,372000
Number Of Employees12111111230253149780
EBITDA*-39,300-147,624137,158267,542118,50380,705138,17163,372142,627-125,122664,5954,180,7423,226,1141,119,426-1,893

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000000000000
Stock & work in progress000000000000000
Trade Debtors0049,143325,464147,660129,397157,663179,15175,234926,588816,088665,13633,617,96613,027,2494,065,028
Group Debtors000000000000000
Misc Debtors434,539433,769513,886799,774937,355951,5661,094,939834,560595,2760233,4101,822,73864,0391000
Cash2,7611,2829,83653,03844,59459,38322,411104,224601,79065,063538,936172,14810,461101,18958,411
misc current assets100000000000000
total current assets437,301435,051572,8651,178,2761,129,6091,140,3461,275,0131,117,9351,272,300991,6511,588,4342,660,02233,692,46613,128,5384,123,439
total assets437,301435,051572,8651,178,2761,129,6091,140,3461,275,0131,117,9351,272,300991,6511,588,4342,660,02233,692,46613,128,5384,123,439
Bank overdraft0000000000059,727000
Bank loan0000000000001,979,7375,497,8290
Trade Creditors 008,6252,400612,30818,542123,20139,407605,366207,5651,214,8412,497,3491,951,4374,125,086
Group/Directors Accounts000000000000000
other short term finances00000000000029,146,11800
hp & lease commitments000000000000000
other current liabilities613,950574,047556,9571,081,4011,053,881967,733954,278608,200611,6080870,9721,350,32870,911103,7120
total current liabilities613,950574,047565,5821,083,8011,053,942970,041972,820731,401651,015605,3661,078,5372,624,89633,694,1157,552,9784,125,086
loans00000000000005,577,2090
hp & lease commitments000000000000000
Accruals and Deferred Income000000040,8130000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000040,813000005,577,2090
total liabilities613,950574,047565,5821,083,8011,053,942970,041972,820772,214651,015605,3661,078,5372,624,89633,694,11513,130,1874,125,086
net assets-176,649-138,9967,28394,47575,667170,305302,193345,721621,285386,285509,89735,126-1,649-1,649-1,647
total shareholders funds-176,649-138,9967,28394,47575,667170,305302,193345,721621,285386,285509,89735,126-1,649-1,649-1,647
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-39,300-147,624137,158267,542118,50380,705138,17163,372142,627-125,122664,5954,180,7423,226,1141,119,426-1,893
Depreciation000000000000000
Amortisation000000000000000
Tax0-98-26,393-51,171-15,688-14,887-28,488-17,456-95,1000-151,233-21,828000
Stock000000000000000
Debtors770-129,260-562,20940,2234,052-171,639238,891343,201-256,078-122,910-1,438,376-31,194,13120,654,6568,962,3214,065,028
Creditors0-8,6256,2252,339-2,247-16,234-104,65983,794-565,959397,801-1,007,276-1,282,508545,912-2,173,6494,125,086
Accruals and Deferred Income39,90317,090-524,44427,52086,14813,455305,26537,405611,608-870,972-479,3561,279,417-32,801103,7120
Deferred Taxes & Provisions000000000000000
Cash flow from operations-167-9,997154,755206,007182,664234,67871,398-176,086349,254-475,383465,10635,349,954-16,915,431-9,912,83258,165
Investing Activities
capital expenditure000000000000000
Change in Investments000000000000000
cash flow from investments000000000000000
Financing Activities
Bank loans00000000000-1,979,737-3,518,0925,497,8290
Group/Directors Accounts000000000000000
Other Short Term Loans 00000000000-29,146,11829,146,11800
Long term loans000000000000-5,577,2095,577,2090
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0-3000000184,40000000100
interest1,6471,4461,3811,7751,8851,6329,658-666-3,0731,51014,623-4,069,852-3,226,114-1,119,428146
cash flow from financing1,6471,4431,3811,7751,8851,6329,658-666181,3271,51014,623-35,195,70716,824,7039,955,610246
cash and cash equivalents
cash1,479-8,554-43,2028,444-14,78936,972-81,813-497,566536,727-473,873366,788161,687-90,72842,77858,411
overdraft0000000000-59,72759,727000
change in cash1,479-8,554-43,2028,444-14,78936,972-81,813-497,566536,727-473,873426,515101,960-90,72842,77858,411

rocket east road developments 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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Rocket East Road Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rocket east road developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SW1A area or any other competitors across 12 key performance metrics.

rocket east road developments limited Ownership

ROCKET EAST ROAD DEVELOPMENTS LIMITED group structure

Rocket East Road Developments Limited has no subsidiary companies.

Ultimate parent company

ROCKET EAST ROAD DEVELOPMENTS LIMITED

06492782

ROCKET EAST ROAD DEVELOPMENTS LIMITED Shareholders

andrew hawkins 80%
tom appleton 20%

rocket east road developments limited directors

Rocket East Road Developments Limited currently has 2 directors. The longest serving directors include Mr Tom Appleton (Feb 2008) and Mr Andrew Hawkins (Feb 2008).

officercountryagestartendrole
Mr Tom AppletonEngland48 years Feb 2008- Director
Mr Andrew HawkinsEngland45 years Feb 2008- Director

P&L

December 2023

turnover

40.8k

-75%

operating profit

-39.3k

-73%

gross margin

26.7%

+0.18%

turnover

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

Balance Sheet

December 2023

net assets

-176.6k

+0.27%

total assets

437.3k

+0.01%

cash

2.8k

+1.15%

net assets

Total assets minus all liabilities

rocket east road developments limited company details

company number

06492782

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

February 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

2 st. james's street, london, SW1A 1EF

Bank

-

Legal Advisor

-

rocket east road developments 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 found 1 charges/mortgages relating to rocket east road developments limited. Currently there are 1 open charges and 0 have been satisfied in the past.

rocket east road developments 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.

Click to start generating capital raising & share issue transactions for ROCKET EAST ROAD DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.

rocket east road developments limited Companies House Filings - See Documents

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