resource services (contracts) limited
resource services (contracts) limited Company Information
Company Number
06695397
Next Accounts
Sep 2026
Shareholders
richard blew
colin edmonds
View AllGroup Structure
View All
Industry
Support activities for crop production
Registered Address
unit 5, great gilbert farm, bluegate lane, ipswich, IP9 2JX
resource services (contracts) limited Estimated Valuation
Pomanda estimates the enterprise value of RESOURCE SERVICES (CONTRACTS) LIMITED at £139.3k based on a Turnover of £404.7k and 0.34x industry multiple (adjusted for size and gross margin).
resource services (contracts) limited Estimated Valuation
Pomanda estimates the enterprise value of RESOURCE SERVICES (CONTRACTS) LIMITED at £0 based on an EBITDA of £-116.6k and a 2.12x industry multiple (adjusted for size and gross margin).
resource services (contracts) limited Estimated Valuation
Pomanda estimates the enterprise value of RESOURCE SERVICES (CONTRACTS) LIMITED at £112.7k based on Net Assets of £80.3k and 1.4x industry multiple (adjusted for liquidity).
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Resource Services (contracts) Limited Overview
Resource Services (contracts) Limited is a live company located in ipswich, IP9 2JX with a Companies House number of 06695397. It operates in the support activities for crop production sector, SIC Code 01610. Founded in September 2008, it's largest shareholder is richard blew with a 40% stake. Resource Services (contracts) Limited is a established, micro sized company, Pomanda has estimated its turnover at £404.7k with declining growth in recent years.
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Resource Services (contracts) Limited Health Check
Pomanda's financial health check has awarded Resource Services (Contracts) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £404.7k, make it smaller than the average company (£6.3m)
- Resource Services (contracts) Limited
£6.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (7%)
- Resource Services (contracts) Limited
7% - Industry AVG
Production
with a gross margin of 11.9%, this company has a higher cost of product (24.9%)
- Resource Services (contracts) Limited
24.9% - Industry AVG
Profitability
an operating margin of -28.8% make it less profitable than the average company (3.9%)
- Resource Services (contracts) Limited
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (32)
1 - Resource Services (contracts) Limited
32 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
- Resource Services (contracts) Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £404.7k, this is more efficient (£231.8k)
- Resource Services (contracts) Limited
£231.8k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (44 days)
- Resource Services (contracts) Limited
44 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Resource Services (contracts) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Resource Services (contracts) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Resource Services (contracts) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.6%, this is a lower level of debt than the average (54%)
19.6% - Resource Services (contracts) Limited
54% - Industry AVG
RESOURCE SERVICES (CONTRACTS) LIMITED financials
Resource Services (Contracts) Limited's latest turnover from December 2024 is estimated at £404.7 thousand and the company has net assets of £80.3 thousand. According to their latest financial statements, Resource Services (Contracts) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 344,651 | 383,349 | 439,795 | 432,325 | 378,171 | 210,972 | 302,072 | 227,607 | 294,477 | 341,773 | ||||||
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | 143,815 | 117,319 | 160,922 | 147,055 | ||||||||||||
| Gross Profit | 158,257 | 110,288 | 133,555 | 194,718 | ||||||||||||
| Admin Expenses | 101,366 | 90,228 | 102,484 | 124,352 | ||||||||||||
| Operating Profit | 56,891 | 20,060 | 31,071 | 70,366 | ||||||||||||
| Interest Payable | 2,237 | 3,948 | 2,281 | 1,617 | ||||||||||||
| Interest Receivable | 8 | 4 | 53 | 31 | ||||||||||||
| Pre-Tax Profit | 112,983 | 83,966 | 124,778 | 90,082 | 77,563 | 29,994 | 54,662 | 16,116 | 28,843 | 68,780 | ||||||
| Tax | -21,466 | -16,793 | -24,955 | -18,016 | -15,512 | -6,000 | -10,932 | -3,149 | -5,809 | -14,443 | ||||||
| Profit After Tax | 91,517 | 67,173 | 99,823 | 72,066 | 62,051 | 23,994 | 43,730 | 12,967 | 23,034 | 54,337 | ||||||
| Dividends Paid | 43,730 | 12,967 | 23,034 | 54,337 | ||||||||||||
| Retained Profit | 91,517 | 67,173 | 99,823 | 72,066 | 62,051 | 23,994 | ||||||||||
| Employee Costs | 44,034 | 43,411 | 39,705 | 39,136 | 39,235 | 39,566 | ||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | |||||||||||
| EBITDA* | 61,952 | 23,583 | 42,283 | 76,141 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,253 | 51,586 | 51,586 | 119,378 | 96,333 | 136,776 | 130,065 | 120,493 | 156,202 | 104,162 | 23,195 | 28,256 | 31,779 | 40,425 | ||
| Intangible Assets | ||||||||||||||||
| Investments & Other | ||||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 28,253 | 51,586 | 51,586 | 119,378 | 96,333 | 136,776 | 130,065 | 120,493 | 156,202 | 104,162 | 23,195 | 28,256 | 31,779 | 40,425 | ||
| Stock & work in progress | ||||||||||||||||
| Trade Debtors | 99,883 | 366,797 | 241,306 | 407,582 | 159,897 | 116,862 | 236,245 | 156,361 | 131,664 | 40,206 | 68,777 | 68,396 | 45,686 | 66,314 | 59,862 | 65,247 |
| Group Debtors | 13,753 | |||||||||||||||
| Misc Debtors | 2,500 | 4,917 | ||||||||||||||
| Cash | 166,276 | 15,136 | 3,606 | 11,315 | 15,311 | 16,289 | 53,688 | |||||||||
| misc current assets | ||||||||||||||||
| total current assets | 99,883 | 366,797 | 407,582 | 407,582 | 159,897 | 116,862 | 236,245 | 156,361 | 131,664 | 55,342 | 72,383 | 79,711 | 45,686 | 84,125 | 94,821 | 118,935 |
| total assets | 99,883 | 395,050 | 459,168 | 459,168 | 279,275 | 213,195 | 373,021 | 286,426 | 252,157 | 211,544 | 176,545 | 102,906 | 73,942 | 115,904 | 135,246 | 118,935 |
| Bank overdraft | 5,833 | |||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 188,224 | 229,046 | 229,046 | 99,030 | 113,003 | 196,832 | 144,935 | 114,373 | 88,620 | 31,824 | 30,724 | 22,100 | 35,328 | 28,727 | 117,935 | |
| Group/Directors Accounts | 8,062 | 19,381 | 27,168 | |||||||||||||
| other short term finances | ||||||||||||||||
| hp & lease commitments | 24,652 | 7,392 | 11,142 | 9,459 | 14,743 | |||||||||||
| other current liabilities | 59,449 | 59,151 | 12,762 | 31,884 | 42,884 | |||||||||||
| total current liabilities | 188,224 | 229,046 | 229,046 | 99,030 | 113,003 | 196,832 | 144,935 | 114,373 | 88,620 | 115,925 | 97,267 | 59,899 | 96,052 | 113,522 | 117,935 | |
| loans | ||||||||||||||||
| hp & lease commitments | 54,986 | 7,392 | 18,534 | 19,996 | ||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | 19,611 | 9,950 | 29,583 | 29,583 | 59,707 | 15,993 | 45,103 | 45,780 | 54,593 | 87,303 | ||||||
| provisions | 1,247 | 5,308 | 4,628 | 4,628 | 10,625 | 4,634 | 4,639 | 5,651 | 318 | 728 | ||||||
| total long term liabilities | 19,611 | 9,950 | 29,583 | 29,583 | 59,707 | 17,240 | 50,411 | 50,408 | 59,221 | 97,928 | 59,620 | 4,639 | 13,043 | 18,852 | 20,724 | |
| total liabilities | 19,611 | 198,174 | 258,629 | 258,629 | 158,737 | 130,243 | 247,243 | 195,343 | 173,594 | 186,548 | 175,545 | 101,906 | 72,942 | 114,904 | 134,246 | 117,935 |
| net assets | 80,272 | 196,876 | 200,539 | 200,539 | 120,538 | 82,952 | 125,778 | 91,083 | 78,563 | 24,996 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| total shareholders funds | 80,272 | 196,876 | 200,539 | 200,539 | 120,538 | 82,952 | 125,778 | 91,083 | 78,563 | 24,996 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | 56,891 | 20,060 | 31,071 | 70,366 | ||||||||||||
| Depreciation | 32,385 | 56,275 | 47,686 | 26,517 | 36,637 | 22,710 | 16,585 | 5,061 | 3,523 | 11,212 | 5,775 | |||||
| Amortisation | ||||||||||||||||
| Tax | -21,466 | -16,793 | -24,955 | -18,016 | -15,512 | -6,000 | -10,932 | -3,149 | -5,809 | -14,443 | ||||||
| Stock | ||||||||||||||||
| Debtors | -266,914 | 125,491 | -166,276 | 247,685 | 43,035 | -119,383 | 79,884 | 24,697 | 91,458 | -28,571 | 381 | 22,710 | -23,128 | -9,718 | 13,285 | 65,247 |
| Creditors | -188,224 | -40,822 | 130,016 | -13,973 | -83,829 | 51,897 | 30,562 | 25,753 | 56,796 | 1,100 | 8,624 | -13,228 | 6,601 | -89,208 | 117,935 | |
| Accruals and Deferred Income | -59,449 | 298 | 46,389 | -19,122 | -11,000 | 42,884 | ||||||||||
| Deferred Taxes & Provisions | -1,247 | -4,061 | 680 | -5,997 | 5,991 | -5 | -1,012 | 5,333 | -410 | 728 | ||||||
| Cash flow from operations | 82,311 | 16,545 | 41,383 | 2,817 | ||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | ||||||||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | -8,062 | -11,319 | -7,787 | 27,168 | ||||||||||||
| Other Short Term Loans | ||||||||||||||||
| Long term loans | ||||||||||||||||
| Hire Purchase and Lease Commitments | -79,638 | 72,246 | -11,142 | -9,459 | -6,746 | 34,739 | ||||||||||
| other long term liabilities | 9,661 | -19,633 | -30,124 | 43,714 | -29,110 | -677 | -8,813 | -32,710 | 87,303 | |||||||
| share issue | ||||||||||||||||
| interest | -2,229 | -3,944 | -2,228 | -1,586 | ||||||||||||
| cash flow from financing | -10,217 | -139,109 | -65,805 | -68,359 | -41,194 | 7,667 | -21,433 | -24,722 | -16,761 | 60,321 | ||||||
| cash and cash equivalents | ||||||||||||||||
| cash | -166,276 | 166,276 | -15,136 | 11,530 | -7,709 | 11,315 | -15,311 | -978 | -37,399 | 53,688 | ||||||
| overdraft | -5,833 | 5,833 | ||||||||||||||
| change in cash | -166,276 | 166,276 | -15,136 | 11,530 | -7,709 | 17,148 | -21,144 | -978 | -37,399 | 53,688 |
resource services (contracts) limited Credit Report and Business Information
Resource Services (contracts) Limited Competitor Analysis
Perform a competitor analysis for resource services (contracts) limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other micro companies, companies in IP9 area or any other competitors across 12 key performance metrics.
resource services (contracts) limited Ownership
RESOURCE SERVICES (CONTRACTS) LIMITED group structure
Resource Services (Contracts) Limited has no subsidiary companies.
Ultimate parent company
RESOURCE SERVICES (CONTRACTS) LIMITED
06695397
resource services (contracts) limited directors
Resource Services (Contracts) Limited currently has 4 directors. The longest serving directors include Mr Richard Blew (Nov 2008) and Mr Colin Edmonds (Nov 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Blew | 60 years | Nov 2008 | - | Director | |
| Mr Colin Edmonds | 75 years | Nov 2008 | - | Director | |
| Mr John Halliday | 66 years | May 2013 | - | Director | |
| Mr Christopher Collings | 56 years | May 2013 | - | Director |
P&L
December 2024turnover
404.7k
-62%
operating profit
-116.6k
0%
gross margin
12%
-6.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2024net assets
80.3k
-0.59%
total assets
99.9k
-0.75%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
resource services (contracts) limited company details
company number
06695397
Type
Private limited with Share Capital
industry
01610 - Support activities for crop production
incorporation date
September 2008
age
17
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2024
previous names
bideawhile 602 limited (November 2008)
accountant
-
auditor
-
address
unit 5, great gilbert farm, bluegate lane, ipswich, IP9 2JX
Bank
-
Legal Advisor
-
resource services (contracts) 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 resource services (contracts) limited.
resource services (contracts) 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.
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resource services (contracts) limited Companies House Filings - See Documents
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