rakuten ichiba u.k. limited Company Information
Company Number
06593631
Website
-Registered Address
5th floor grove house, 248a marylebone road, london, NW1 6BB
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
March 2024
Group Structure
View All
Directors
Andrew Dugdall-Marshall12 Years
Shareholders
rakuten europe sarl 100%
rakuten ichiba u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of RAKUTEN ICHIBA U.K. LIMITED at £6.4m based on a Turnover of £9.7m and 0.66x industry multiple (adjusted for size and gross margin).
rakuten ichiba u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of RAKUTEN ICHIBA U.K. LIMITED at £16.6m based on an EBITDA of £3.7m and a 4.44x industry multiple (adjusted for size and gross margin).
rakuten ichiba u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of RAKUTEN ICHIBA U.K. LIMITED at £39.9m based on Net Assets of £15.9m and 2.5x industry multiple (adjusted for liquidity).
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Rakuten Ichiba U.k. Limited Overview
Rakuten Ichiba U.k. Limited is a dissolved company that was located in london, NW1 6BB with a Companies House number of 06593631. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2008, it's largest shareholder was rakuten europe sarl with a 100% stake. The last turnover for Rakuten Ichiba U.k. Limited was estimated at £9.7m.
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Rakuten Ichiba U.k. Limited Health Check
Pomanda's financial health check has awarded Rakuten Ichiba U.K. Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £9.7m, make it larger than the average company (£2.3m)
£9.7m - Rakuten Ichiba U.k. Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 237%, show it is growing at a faster rate (4.1%)
237% - Rakuten Ichiba U.k. Limited
4.1% - Industry AVG
Production
with a gross margin of 36.6%, this company has a comparable cost of product (36.6%)
36.6% - Rakuten Ichiba U.k. Limited
36.6% - Industry AVG
Profitability
an operating margin of 35.7% make it more profitable than the average company (6.5%)
35.7% - Rakuten Ichiba U.k. Limited
6.5% - Industry AVG
Employees
with 69 employees, this is above the industry average (29)
69 - Rakuten Ichiba U.k. Limited
29 - Industry AVG
Pay Structure
on an average salary of £60.7k, the company has a higher pay structure (£41.7k)
£60.7k - Rakuten Ichiba U.k. Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £141.2k, this is equally as efficient (£149k)
£141.2k - Rakuten Ichiba U.k. Limited
£149k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Rakuten Ichiba U.k. Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (33 days)
6 days - Rakuten Ichiba U.k. Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rakuten Ichiba U.k. Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (21 weeks)
4 weeks - Rakuten Ichiba U.k. Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.8%, this is a lower level of debt than the average (69.9%)
19.8% - Rakuten Ichiba U.k. Limited
69.9% - Industry AVG
rakuten ichiba u.k. limited Credit Report and Business Information
Rakuten Ichiba U.k. Limited Competitor Analysis
Perform a competitor analysis for rakuten ichiba u.k. limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
rakuten ichiba u.k. limited Ownership
RAKUTEN ICHIBA U.K. LIMITED group structure
Rakuten Ichiba U.K. Limited has no subsidiary companies.
Ultimate parent company
RAKUTEN INC
#0066876
RAKUTEN EUROPE SARL
#0082443
2 parents
RAKUTEN ICHIBA U.K. LIMITED
06593631
rakuten ichiba u.k. limited directors
Rakuten Ichiba U.K. Limited currently has 1 director, Mr Andrew Dugdall-Marshall serving since Dec 2011.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Andrew Dugdall-Marshall | 56 years | Dec 2011 | - | Director |
RAKUTEN ICHIBA U.K. LIMITED financials
Rakuten Ichiba U.K. Limited's latest turnover from December 2015 is £9.7 million and the company has net assets of £15.9 million. According to their latest financial statements, Rakuten Ichiba U.K. Limited has 69 employees and maintains cash reserves of £124.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|
Turnover | 9,739,850 | 13,537,941 | 11,475,394 | 254,892 | 0 | ||
Other Income Or Grants | |||||||
Cost Of Sales | |||||||
Gross Profit | |||||||
Admin Expenses | |||||||
Operating Profit | 3,472,041 | 2,531,915 | 300,368 | -35,752 | -83,800 | ||
Interest Payable | 0 | 154,807 | 8,271 | 0 | 0 | ||
Interest Receivable | 4,074 | 458,150 | 182,145 | 0 | 0 | ||
Pre-Tax Profit | 691,513 | 1,540,289 | -7,125,758 | -35,752 | -83,800 | ||
Tax | -244,743 | -201,201 | 113,087 | -5,639 | 0 | ||
Profit After Tax | 446,770 | 1,339,088 | -7,012,671 | -41,391 | -83,800 | ||
Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||
Retained Profit | 446,770 | 1,339,088 | -7,012,671 | -41,391 | -83,800 | ||
Employee Costs | 4,187,787 | 6,574,091 | 5,647,606 | 0 | |||
Number Of Employees | 69 | 127 | 168 | ||||
EBITDA* | 3,741,755 | 3,885,064 | 774,862 | -35,752 | -83,800 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 507,737 | 1,487,399 | 780 | 1,220 | 0 | 0 |
Intangible Assets | 0 | -79,425 | -397,125 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 428,312 | 1,090,274 | 780 | 1,220 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 95 | 0 | 0 | 0 | 0 |
Group Debtors | 18,919,381 | 14,333,905 | 22,785,412 | 30,209 | 10,874 | 0 | 0 |
Misc Debtors | 817,833 | 1,161,270 | 1,197,367 | 0 | 0 | 0 | 0 |
Cash | 124,328 | 1,678,316 | 18,708,466 | 86,948 | 678 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 19,861,542 | 17,173,491 | 42,691,340 | 117,157 | 11,552 | 0 | 0 |
total assets | 19,861,542 | 17,601,803 | 43,781,614 | 117,937 | 12,772 | 0 | 0 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 115,766 | 292,333 | 302,761 | 0 | 11,542 | 0 | 0 |
Group/Directors Accounts | 654,972 | 633,858 | 8,190,783 | 104,165 | 84,930 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 295,426 | 0 | 0 | 0 | 0 |
other current liabilities | 798,483 | 1,012,863 | 2,243,051 | 50,883 | 0 | 0 | 0 |
total current liabilities | 1,569,221 | 1,939,054 | 11,032,021 | 155,048 | 96,472 | 0 | 0 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 2,361,425 | 178,623 | 99,375 | 0 | 0 | 0 | 0 |
total long term liabilities | 2,361,425 | 178,623 | 99,375 | 0 | 0 | 0 | 0 |
total liabilities | 3,930,646 | 2,117,677 | 11,131,396 | 155,048 | 96,472 | 0 | 0 |
net assets | 15,930,896 | 15,484,126 | 32,650,218 | -37,111 | -83,700 | 0 | 0 |
total shareholders funds | 15,930,896 | 15,484,126 | 32,650,218 | -37,111 | -83,700 | 0 | 0 |
Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | 3,472,041 | 2,531,915 | 300,368 | -35,752 | -83,800 | ||
Depreciation | 349,139 | 1,034,449 | 289,169 | 0 | 0 | ||
Amortisation | -79,425 | 318,700 | 185,325 | 0 | 0 | ||
Tax | -244,743 | -201,201 | 113,087 | -5,639 | 0 | ||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 4,242,039 | -8,487,699 | 23,952,665 | 19,335 | 10,874 | 0 | 0 |
Creditors | -176,567 | -10,428 | 302,761 | -11,542 | 11,542 | 0 | 0 |
Accruals and Deferred Income | -214,380 | -1,230,188 | 2,192,168 | 50,883 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 2,182,802 | 79,248 | 99,375 | 0 | 0 | 0 | 0 |
Cash flow from operations | 1,046,828 | 11,010,194 | -20,470,412 | -21,385 | -83,132 | ||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 21,114 | -7,556,925 | 8,086,618 | 19,235 | 84,930 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | -295,426 | 295,426 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||
interest | 4,074 | 303,343 | 173,874 | 0 | 0 | ||
cash flow from financing | 25,188 | -26,054,188 | 48,255,918 | 107,215 | 85,030 | ||
cash and cash equivalents | |||||||
cash | -1,553,988 | -17,030,150 | 18,621,518 | 86,270 | 678 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,553,988 | -17,030,150 | 18,621,518 | 86,270 | 678 | 0 | 0 |
P&L
December 2015turnover
9.7m
-28%
operating profit
3.5m
+37%
gross margin
36.6%
+2.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2015net assets
15.9m
+0.03%
total assets
19.9m
+0.13%
cash
124.3k
-0.93%
net assets
Total assets minus all liabilities
rakuten ichiba u.k. limited company details
company number
06593631
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 2008
age
16
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
5th floor grove house, 248a marylebone road, london, NW1 6BB
last accounts submitted
December 2015
rakuten ichiba u.k. 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 rakuten ichiba u.k. limited.
rakuten ichiba u.k. limited Companies House Filings - See Documents
date | description | view/download |
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