rural associates limited

1.5

rural associates limited Company Information

Share RURAL ASSOCIATES LIMITED
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EstablishedMicroHigh

Company Number

06613810

Registered Address

5 wilkinson court, clywedog road south, wrexham, clwyd, LL13 9AE

Industry

Other activities auxiliary to financial services, except insurance and pension funding

 

Telephone

01978660360

Next Accounts Due

October 2024

Group Structure

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Directors

Rex Tattersall15 Years

Mark Wightman15 Years

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Shareholders

alexander russell 16.7%

michael latham 16.7%

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rural associates limited Estimated Valuation

£157.4k

Pomanda estimates the enterprise value of RURAL ASSOCIATES LIMITED at £157.4k based on a Turnover of £190k and 0.83x industry multiple (adjusted for size and gross margin).

rural associates limited Estimated Valuation

£21.4k

Pomanda estimates the enterprise value of RURAL ASSOCIATES LIMITED at £21.4k based on an EBITDA of £5.2k and a 4.14x industry multiple (adjusted for size and gross margin).

rural associates limited Estimated Valuation

£17.9k

Pomanda estimates the enterprise value of RURAL ASSOCIATES LIMITED at £17.9k based on Net Assets of £8.5k and 2.12x industry multiple (adjusted for liquidity).

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Rural Associates Limited Overview

Rural Associates Limited is a live company located in wrexham, LL13 9AE with a Companies House number of 06613810. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in June 2008, it's largest shareholder is alexander russell with a 16.7% stake. Rural Associates Limited is a established, micro sized company, Pomanda has estimated its turnover at £190k with high growth in recent years.

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Rural Associates Limited Health Check

Pomanda's financial health check has awarded Rural Associates Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £190k, make it smaller than the average company (£2.9m)

£190k - Rural Associates Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (4.8%)

20% - Rural Associates Limited

4.8% - Industry AVG

production

Production

with a gross margin of 85.9%, this company has a comparable cost of product (85.9%)

85.9% - Rural Associates Limited

85.9% - Industry AVG

profitability

Profitability

an operating margin of 1.5% make it less profitable than the average company (9.9%)

1.5% - Rural Associates Limited

9.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (14)

2 - Rural Associates Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £70.1k, the company has an equivalent pay structure (£70.1k)

£70.1k - Rural Associates Limited

£70.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £95k, this is less efficient (£171.4k)

£95k - Rural Associates Limited

£171.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is near the average (30 days)

30 days - Rural Associates Limited

30 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Rural Associates Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rural Associates 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 (46 weeks)

0 weeks - Rural Associates Limited

46 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.5%, this is a higher level of debt than the average (41.9%)

96.5% - Rural Associates Limited

41.9% - Industry AVG

rural associates 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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Rural Associates Limited Competitor Analysis

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rural associates limited Ownership

RURAL ASSOCIATES LIMITED group structure

Rural Associates Limited has no subsidiary companies.

Ultimate parent company

RURAL ASSOCIATES LIMITED

06613810

RURAL ASSOCIATES LIMITED Shareholders

alexander russell 16.67%
michael latham 16.67%
simon johnson 16.67%
mark wightman 16.67%
rex tattersall 16.67%
andrew glover 16.67%

rural associates limited directors

Rural Associates Limited currently has 6 directors. The longest serving directors include Mr Rex Tattersall (Jun 2008) and Mr Mark Wightman (Jun 2008).

officercountryagestartendrole
Mr Rex TattersallWales64 years Jun 2008- Director
Mr Mark WightmanWales61 years Jun 2008- Director
Mr Simon Johnson56 years Jun 2008- Director
Mr Andrew GloverWales61 years Jun 2008- Director
Mr Michael LathamUnited Kingdom62 years Jun 2008- Director
Mr Alexander Russell62 years Jun 2008- Director

RURAL ASSOCIATES LIMITED financials

EXPORTms excel logo

Rural Associates Limited's latest turnover from January 2023 is estimated at £190 thousand and the company has net assets of £8.5 thousand. According to their latest financial statements, we estimate that Rural Associates Limited has 2 employees and maintains cash reserves of £3.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover190,014153,56697,922110,646104,824103,680116,343138,881213,658193,0140000
Other Income Or Grants00000000000000
Cost Of Sales26,72323,68416,16121,03719,49420,24628,37334,78757,68267,3200000
Gross Profit163,290129,88281,76189,61085,33083,43487,971104,094155,976125,6940000
Admin Expenses160,382119,25951,89973,63071,57395,19087,912101,329153,281130,2350000
Operating Profit2,90810,62329,86215,98013,757-11,756592,7652,695-4,5410000
Interest Payable07,88115,38417,0248,512000000000
Interest Receivable23640141031259562128143770000
Pre-Tax Profit3,1442,78114,493-9405,370-11,6611212,8932,838-4,4640000
Tax-597-528-2,7540-1,0200-24-578-59600000
Profit After Tax2,5472,25311,739-9404,350-11,661972,3142,242-4,4640000
Dividends Paid00000000000000
Retained Profit2,5472,25311,739-9404,350-11,661972,3142,242-4,4640000
Employee Costs140,24068,77664,29166,53265,49764,31660,18063,021111,265106,1490000
Number Of Employees21111111220000
EBITDA*5,15812,87332,19719,18714,788-10,7251,0903,7963,297-3,5100000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets6,0748,324223,852226,187214,394215,425216,456217,487218,518219,1200000
Intangible Assets00000000000000
Investments & Other213,278213,278000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets219,352221,602223,852226,187214,394215,425216,456217,487218,518219,1200000
Stock & work in progress00000000000000
Trade Debtors16,07216,07311,57211,57211,57311,57311,57311,5728,9472,5730000
Group Debtors00000000000000
Misc Debtors7607517407397491,5301,1471,138000000
Cash3,14210,35421,4457,37220,13713,10724,86024,67026,37030,8390000
misc current assets00000000000000
total current assets19,97427,17833,75719,68332,45926,21037,58037,38035,31733,4120000
total assets239,326248,780257,609245,870246,853241,635254,036254,867253,835252,5320000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 00000000256,051256,9950000
Group/Directors Accounts00000000000000
other short term finances00252,201252,201252,201000000000
hp & lease commitments00000000000000
other current liabilities230,843242,8441,7251,7251,768253,101253,841254,769000000
total current liabilities230,843242,844253,926253,926253,969253,101253,841254,769256,051256,9950000
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities230,843242,844253,926253,926253,969253,101253,841254,769256,051256,9950000
net assets8,4835,9363,683-8,056-7,116-11,46619598-2,216-4,4630000
total shareholders funds8,4835,9363,683-8,056-7,116-11,46619598-2,216-4,4630000
Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit2,90810,62329,86215,98013,757-11,756592,7652,695-4,5410000
Depreciation2,2502,2502,3353,2071,0311,0311,0311,0316021,0310000
Amortisation00000000000000
Tax-597-528-2,7540-1,0200-24-578-59600000
Stock00000000000000
Debtors84,5121-11-781383103,7636,3742,5730000
Creditors0000000-256,051-944256,9950000
Accruals and Deferred Income-12,001241,1190-43-251,333-740-928254,769000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-7,448248,95229,44219,155-236,784-11,848128-1,827-4,617250,9120000
Investing Activities
capital expenditure0213,2780-15,00000000-220,1510000
Change in Investments0213,278000000000000
cash flow from investments000-15,00000000-220,1510000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 0-252,20100252,201000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000000510000
interest236-7,841-15,370-16,921-8,3879562128143770000
cash flow from financing236-260,042-15,370-16,921243,8149562128148780000
cash and cash equivalents
cash-7,212-11,09114,073-12,7657,030-11,753190-1,700-4,46930,8390000
overdraft00000000000000
change in cash-7,212-11,09114,073-12,7657,030-11,753190-1,700-4,46930,8390000

P&L

January 2023

turnover

190k

+24%

operating profit

2.9k

0%

gross margin

86%

+1.61%

turnover

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

Balance Sheet

January 2023

net assets

8.5k

+0.43%

total assets

239.3k

-0.04%

cash

3.1k

-0.7%

net assets

Total assets minus all liabilities

rural associates limited company details

company number

06613810

Type

Private limited with Share Capital

industry

66190 - Other activities auxiliary to financial services, except insurance and pension funding

incorporation date

June 2008

age

16

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

5 wilkinson court, clywedog road south, wrexham, clwyd, LL13 9AE

last accounts submitted

January 2023

rural associates 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 rural associates limited.

charges

rural associates limited Companies House Filings - See Documents

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