rnh technical ltd

rnh technical ltd Company Information

Share RNH TECHNICAL LTD
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EstablishedSmallRapid

Company Number

06759534

Industry

Repair and maintenance of ships and boats

 

Directors

Gary McRae

Shareholders

gary mcrae

Group Structure

View All

Contact

Registered Address

31 lindsay drive, holton-le-clay, 31 lindsey drive, grimsby, DN36 5HA

rnh technical ltd Estimated Valuation

£236.1k

Pomanda estimates the enterprise value of RNH TECHNICAL LTD at £236.1k based on a Turnover of £662.9k and 0.36x industry multiple (adjusted for size and gross margin).

rnh technical ltd Estimated Valuation

£74.8k

Pomanda estimates the enterprise value of RNH TECHNICAL LTD at £74.8k based on an EBITDA of £20.8k and a 3.6x industry multiple (adjusted for size and gross margin).

rnh technical ltd Estimated Valuation

£218.5k

Pomanda estimates the enterprise value of RNH TECHNICAL LTD at £218.5k based on Net Assets of £87.6k and 2.49x industry multiple (adjusted for liquidity).

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Rnh Technical Ltd Overview

Rnh Technical Ltd is a live company located in grimsby, DN36 5HA with a Companies House number of 06759534. It operates in the repair and maintenance of ships and boats sector, SIC Code 33150. Founded in November 2008, it's largest shareholder is gary mcrae with a 100% stake. Rnh Technical Ltd is a established, small sized company, Pomanda has estimated its turnover at £662.9k with rapid growth in recent years.

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Rnh Technical Ltd Health Check

Pomanda's financial health check has awarded Rnh Technical Ltd a 4 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 Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £662.9k, make it smaller than the average company (£9.5m)

£662.9k - Rnh Technical Ltd

£9.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (3.1%)

35% - Rnh Technical Ltd

3.1% - Industry AVG

production

Production

with a gross margin of 18.3%, this company has a higher cost of product (26.8%)

18.3% - Rnh Technical Ltd

26.8% - Industry AVG

profitability

Profitability

an operating margin of 3.1% make it as profitable than the average company (3.7%)

3.1% - Rnh Technical Ltd

3.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (66)

1 - Rnh Technical Ltd

66 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)

£49.5k - Rnh Technical Ltd

£49.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £662.9k, this is more efficient (£137.5k)

£662.9k - Rnh Technical Ltd

£137.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 88 days, this is later than average (41 days)

88 days - Rnh Technical Ltd

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 52 days, this is slower than average (22 days)

52 days - Rnh Technical Ltd

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rnh Technical Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rnh Technical Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 47.5%, this is a lower level of debt than the average (69.9%)

47.5% - Rnh Technical Ltd

69.9% - Industry AVG

RNH TECHNICAL LTD financials

EXPORTms excel logo

Rnh Technical Ltd's latest turnover from June 2024 is estimated at £662.9 thousand and the company has net assets of £87.6 thousand. According to their latest financial statements, Rnh Technical Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Nov 2010Nov 2009
Turnover662,863464,043414,896266,797186,186442,565130,683673,514370,045772,862438,727594,587852,935203,47885,3900
Other Income Or Grants0000000000000000
Cost Of Sales541,370386,542342,149233,755159,358377,592105,603582,532302,420613,393359,414492,848669,637164,19769,6430
Gross Profit121,49377,50172,74733,04226,82864,97325,08090,98267,625159,46879,313101,739183,29839,28115,7470
Admin Expenses100,698101,179-23,937-2,27747,088144,26890,72212,379161,24172,53019,214153,774135,00424,773-66,536-14,143
Operating Profit20,795-23,67896,68435,319-20,260-79,295-65,64278,603-93,61686,93860,099-52,03548,29414,50882,28314,143
Interest Payable0000000000000000
Interest Receivable000002031706713932350927417029724366
Pre-Tax Profit20,795-23,67896,68435,319-20,260-79,092-65,47278,670-93,47787,26160,608-51,76148,46414,80582,52614,210
Tax-5,1990-18,370-6,711000-14,9470-17,452-12,7280-11,631-3,849-23,107-3,979
Profit After Tax15,596-23,67878,31428,608-20,260-79,092-65,47263,723-93,47769,80947,880-51,76136,83310,95659,41910,231
Dividends Paid0000000000000000
Retained Profit15,596-23,67878,31428,608-20,260-79,092-65,47263,723-93,47769,80947,880-51,76136,83310,95659,41910,231
Employee Costs49,54342,47644,25939,30241,84282,373118,499154,940157,661150,46377,541132,998144,45133,65433,8240
Number Of Employees1111123444234110
EBITDA*20,795-23,67896,68435,319-20,260-79,295-62,81281,841-90,04490,86664,790-47,32951,12517,80485,13815,144

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Nov 2010Nov 2009
Tangible Assets5,5716,9648,70507,4417,1199,34810,99912,43713,92616,65514,1148,4929,8908,5652,968
Intangible Assets0000000000000000
Investments & Other0000000000000000
Debtors (Due After 1 year)0000000000003,144000
Total Fixed Assets5,5716,9648,70507,4417,1199,34810,99912,43713,92616,65514,11411,6369,8908,5652,968
Stock & work in progress00000076,59787,19347,77288,32061,34028,34225025025016,250
Trade Debtors161,348149,673155,00271,51138,305117,9276,874229,90797,185206,18150,156114,010248,95967,29626,2840
Group Debtors000000001,1690000000
Misc Debtors0005995,3799,31815,46212,59016,7572,0004,000003,1443,1440
Cash00000054,25613,55540,31015,370113,95089,64120,02648,11770,75826,597
misc current assets0000000000000000
total current assets161,348149,673155,00272,11043,684127,245153,189343,245203,193311,871229,446231,993269,235118,807100,43642,847
total assets166,919156,637163,70772,11051,125134,364162,537354,244215,630325,797246,101246,107280,871128,697109,00145,815
Bank overdraft0000000000000000
Bank loan0000000000000000
Trade Creditors 78,04083,37966,99651,53458,990123,5055,06946,02818,32898,565129,885177,506161,6056,6594,55635,484
Group/Directors Accounts00000012,16578,83100000000
other short term finances0000000000000000
hp & lease commitments0000000000000000
other current liabilities00000055,69474,07283,759000039,61932,8960
total current liabilities78,04083,37966,99651,53458,990123,50572,928198,931102,08798,565129,885177,506161,60546,27837,45235,484
loans0000000000000000
hp & lease commitments0000000000000000
Accruals and Deferred Income1,2501,2251,0001,8253,3461,8100000000000
other liabilities0000000021,66741,667000000
provisions0001,354001,3681,6001,8862,0982,5582,8231,7271,7131,7990
total long term liabilities1,2501,2251,0003,1793,3461,8101,3681,60023,55343,7652,5582,8231,7271,7131,7990
total liabilities79,29084,60467,99654,71362,336125,31574,296200,531125,640142,330132,443180,329163,33247,99139,25135,484
net assets87,62972,03395,71117,397-11,2119,04988,241153,71389,990183,467113,65865,778117,53980,70669,75010,331
total shareholders funds87,62972,03395,71117,397-11,2119,04988,241153,71389,990183,467113,65865,778117,53980,70669,75010,331
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Nov 2010Nov 2009
Operating Activities
Operating Profit20,795-23,67896,68435,319-20,260-79,295-65,64278,603-93,61686,93860,099-52,03548,29414,50882,28314,143
Depreciation0000002,8303,2383,5723,9284,6914,7062,8313,2962,8551,001
Amortisation0000000000000000
Tax-5,1990-18,370-6,711000-14,9470-17,452-12,7280-11,631-3,849-23,107-3,979
Stock00000-76,597-10,59639,421-40,54826,98032,99828,09200-16,00016,250
Debtors11,675-5,32982,89228,426-83,561104,909-220,161127,386-93,070154,025-59,854-138,093181,66341,01229,4280
Creditors-5,33916,38315,462-7,456-64,515118,436-40,95927,700-80,237-31,320-47,62115,901154,9462,103-30,92835,484
Accruals and Deferred Income25225-825-1,5211,536-53,884-18,378-9,68783,759000-39,6196,72332,8960
Deferred Taxes & Provisions00-1,3541,3540-1,368-232-286-212-460-2651,09614-861,7990
Cash flow from operations-1,393-1,7418,705-7,441322-44,423108,376-82,18646,884-139,37131,03279,669-26,828-18,31752,37030,399
Investing Activities
capital expenditure1,3931,741-8,7057,441-3222,229-1,179-1,800-2,083-1,199-7,232-10,328-1,433-4,621-8,452-3,969
Change in Investments0000000000000000
cash flow from investments1,3931,741-8,7057,441-3222,229-1,179-1,800-2,083-1,199-7,232-10,328-1,433-4,621-8,452-3,969
Financing Activities
Bank loans0000000000000000
Group/Directors Accounts00000-12,165-66,66678,83100000000
Other Short Term Loans 0000000000000000
Long term loans0000000000000000
Hire Purchase and Lease Commitments0000000000000000
other long term liabilities0000000-21,667-20,00041,667000000
share issue00000-100000000000100
interest000002031706713932350927417029724366
cash flow from financing00000-12,062-66,49657,231-19,86141,990509274170297243166
cash and cash equivalents
cash00000-54,25640,701-26,75524,940-98,58024,30969,615-28,091-22,64144,16126,597
overdraft0000000000000000
change in cash00000-54,25640,701-26,75524,940-98,58024,30969,615-28,091-22,64144,16126,597

rnh technical ltd 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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Rnh Technical Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rnh technical ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in DN36 area or any other competitors across 12 key performance metrics.

rnh technical ltd Ownership

RNH TECHNICAL LTD group structure

Rnh Technical Ltd has no subsidiary companies.

Ultimate parent company

1 parent

RNH TECHNICAL LTD

06759534

RNH TECHNICAL LTD Shareholders

gary mcrae 100%

rnh technical ltd directors

Rnh Technical Ltd currently has 1 director, Mr Gary McRae serving since Jul 2021.

officercountryagestartendrole
Mr Gary McRaeEngland65 years Jul 2021- Director

P&L

June 2024

turnover

662.9k

+43%

operating profit

20.8k

0%

gross margin

18.4%

+9.74%

turnover

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

Balance Sheet

June 2024

net assets

87.6k

+0.22%

total assets

166.9k

+0.07%

cash

0

0%

net assets

Total assets minus all liabilities

rnh technical ltd company details

company number

06759534

Type

Private limited with Share Capital

industry

33150 - Repair and maintenance of ships and boats

incorporation date

November 2008

age

16

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

D H TUCK & CO LIMITED

auditor

-

address

31 lindsay drive, holton-le-clay, 31 lindsey drive, grimsby, DN36 5HA

Bank

-

Legal Advisor

-

rnh technical ltd 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 4 charges/mortgages relating to rnh technical ltd. Currently there are 4 open charges and 0 have been satisfied in the past.

rnh technical ltd 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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rnh technical ltd Companies House Filings - See Documents

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