ruddocks & co. accounting services ltd

5

ruddocks & co. accounting services ltd Company Information

Share RUDDOCKS & CO. ACCOUNTING SERVICES LTD
Live 
EstablishedMicroHigh

Company Number

06761717

Registered Address

first floor, copper house, 88 snakes lane east, woodford green, IG8 7HX

Industry

Bookkeeping activities

 

Telephone

02039720244

Next Accounts Due

2 days late

Group Structure

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Directors

Rohan Ruddock6 Years

Shareholders

rohan ruddock 58.3%

narda ruddock 41.7%

ruddocks & co. accounting services ltd Estimated Valuation

£458.9k

Pomanda estimates the enterprise value of RUDDOCKS & CO. ACCOUNTING SERVICES LTD at £458.9k based on a Turnover of £422.4k and 1.09x industry multiple (adjusted for size and gross margin).

ruddocks & co. accounting services ltd Estimated Valuation

£365.9k

Pomanda estimates the enterprise value of RUDDOCKS & CO. ACCOUNTING SERVICES LTD at £365.9k based on an EBITDA of £76.2k and a 4.8x industry multiple (adjusted for size and gross margin).

ruddocks & co. accounting services ltd Estimated Valuation

£206.2k

Pomanda estimates the enterprise value of RUDDOCKS & CO. ACCOUNTING SERVICES LTD at £206.2k based on Net Assets of £46.8k and 4.41x industry multiple (adjusted for liquidity).

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Ruddocks & Co. Accounting Services Ltd Overview

Ruddocks & Co. Accounting Services Ltd is a live company located in woodford green, IG8 7HX with a Companies House number of 06761717. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in December 2008, it's largest shareholder is rohan ruddock with a 58.3% stake. Ruddocks & Co. Accounting Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £422.4k with high growth in recent years.

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Ruddocks & Co. Accounting Services Ltd Health Check

Pomanda's financial health check has awarded Ruddocks & Co. Accounting Services Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

5 Regular

positive_score

1 Weak

size

Size

annual sales of £422.4k, make it larger than the average company (£83.6k)

£422.4k - Ruddocks & Co. Accounting Services Ltd

£83.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (5.9%)

25% - Ruddocks & Co. Accounting Services Ltd

5.9% - Industry AVG

production

Production

with a gross margin of 70.4%, this company has a comparable cost of product (70.4%)

70.4% - Ruddocks & Co. Accounting Services Ltd

70.4% - Industry AVG

profitability

Profitability

an operating margin of 15.4% make it more profitable than the average company (10.4%)

15.4% - Ruddocks & Co. Accounting Services Ltd

10.4% - Industry AVG

employees

Employees

with 7 employees, this is above the industry average (2)

7 - Ruddocks & Co. Accounting Services Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £16k, the company has an equivalent pay structure (£16k)

£16k - Ruddocks & Co. Accounting Services Ltd

£16k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £60.3k, this is more efficient (£41.4k)

£60.3k - Ruddocks & Co. Accounting Services Ltd

£41.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is near the average (61 days)

73 days - Ruddocks & Co. Accounting Services Ltd

61 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is slower than average (6 days)

22 days - Ruddocks & Co. Accounting Services Ltd

6 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 71 days, this is in line with average (70 days)

71 days - Ruddocks & Co. Accounting Services Ltd

70 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 37 weeks, this is average cash available to meet short term requirements (45 weeks)

37 weeks - Ruddocks & Co. Accounting Services Ltd

45 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76.3%, this is a higher level of debt than the average (61.8%)

76.3% - Ruddocks & Co. Accounting Services Ltd

61.8% - Industry AVG

RUDDOCKS & CO. ACCOUNTING SERVICES LTD financials

EXPORTms excel logo

Ruddocks & Co. Accounting Services Ltd's latest turnover from December 2022 is estimated at £422.4 thousand and the company has net assets of £46.8 thousand. According to their latest financial statements, Ruddocks & Co. Accounting Services Ltd has 7 employees and maintains cash reserves of £48.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover422,425242,711235,390214,980166,29515,23811,3584,4124,7082,1044841,4371,2480
Other Income Or Grants00000000000000
Cost Of Sales124,99952,39218,91015,5907,79990174826841015043199820
Gross Profit297,427190,319216,479199,390158,49614,33810,6114,1444,2981,9544411,2381,1650
Admin Expenses232,542184,057222,250188,144157,52914,9659,0104,0805,4871,722-873-1,9041,7971
Operating Profit64,8856,262-5,77111,246967-6271,60164-1,1892321,3143,142-632-1
Interest Payable11,0666,5813,1688080000000000
Interest Receivable1,436791500000585111
Pre-Tax Profit55,256-240-8,92410,438967-6271,60164-1,1842401,3183,143-6310
Tax-10,49900-1,983-1840-320-130-55-316-81700
Profit After Tax44,757-240-8,9248,455783-6271,28151-1,1841851,0022,326-6310
Dividends Paid00000000000000
Retained Profit44,757-240-8,9248,455783-6271,28151-1,1841851,0022,326-6310
Employee Costs111,95194,98080,60070,25360,38820,58625,46018,13718,49124,64924,37323,37311,8660
Number Of Employees76554111111110
EBITDA*76,21519,236-2,60714,518967-6271,6011,026-973,4692,6424,164-24607

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets33,99138,9239,4929,8168,1393,0334,0452,8873,2743,0064578596091,217
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)5,9615,9611,9501,9500000000000
Total Fixed Assets39,95244,88411,44211,7668,1393,0334,0452,8873,2743,0064578596091,217
Stock & work in progress24,50018,5808,8502,3100001,3101,1661,2360000
Trade Debtors84,73661,61755,20637,11129,6152,6491,66355055000000
Group Debtors00000000000000
Misc Debtors00000000000000
Cash48,28333,78829,2620000001,8941,4703480374
misc current assets1000000000000000
total current assets157,619113,98593,31839,42129,6152,6491,6631,8601,7163,1301,4703480374
total assets197,571158,869104,76051,18737,7545,6825,7084,7474,9906,1361,9271,2076091,591
Bank overdraft17,85021,47117,33710,8090000000000
Bank loan00000000000000
Trade Creditors 7,8231,649595018,6034,9474,3464,5664,86007981,0802,8083,159
Group/Directors Accounts3,27848971,8870000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities37,39524,51121,87814,1970000000000
total current liabilities66,34647,67939,90726,89318,6034,9474,3464,5664,86007981,0802,8083,159
loans84,459109,18162,60413,1210000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities000017,63300004,8220000
provisions00000000000000
total long term liabilities84,459109,18162,60413,12117,63300004,8220000
total liabilities150,805156,860102,51140,01436,2364,9474,3464,5664,8604,8227981,0802,8083,159
net assets46,7662,0092,24911,1731,5187351,3621811301,3141,129127-2,199-1,568
total shareholders funds46,7662,0092,24911,1731,5187351,3621811301,3141,129127-2,199-1,568
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit64,8856,262-5,77111,246967-6271,60164-1,1892321,3143,142-632-1
Depreciation11,33012,9743,1643,2720009621,0923,2371,3281,022608608
Amortisation00000000000000
Tax-10,49900-1,983-1840-320-130-55-316-81700
Stock5,9209,7306,5402,31000-1,310144-701,2360000
Debtors23,11910,42218,0959,44626,9669861,113055000000
Creditors6,1741,054595-18,60313,656601-220-2944,860-798-282-1,728-3513,159
Accruals and Deferred Income12,8842,6337,68114,1970000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations55,7352,771-18,966-3,627-12,527-1,0121,2585754,2831,3802,0441,619-3753,766
Investing Activities
capital expenditure-6,398-42,405-2,840-4,949-5,1061,012-1,158-575-1,360-5,786-926-1,2720-1,825
Change in Investments00000000000000
cash flow from investments-6,398-42,405-2,840-4,949-5,1061,012-1,158-575-1,360-5,786-926-1,2720-1,825
Financing Activities
Bank loans00000000000000
Group/Directors Accounts3,230-49-1,7901,8870000000000
Other Short Term Loans 00000000000000
Long term loans-24,72246,57749,48313,1210000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities000-17,63317,633000-4,8224,8220000
share issue0001,20000-100000000-1,568
interest-9,630-6,502-3,153-8080000585111
cash flow from financing-31,12240,02644,540-2,23317,6330-1000-4,8174,830511-1,567
cash and cash equivalents
cash14,4954,52629,26200000-1,8944241,122348-374374
overdraft-3,6214,1346,52810,8090000000000
change in cash18,11639222,734-10,8090000-1,8944241,122348-374374

ruddocks & co. accounting services 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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Ruddocks & Co. Accounting Services Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ruddocks & co. accounting services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in IG8 area or any other competitors across 12 key performance metrics.

ruddocks & co. accounting services ltd Ownership

RUDDOCKS & CO. ACCOUNTING SERVICES LTD group structure

Ruddocks & Co. Accounting Services Ltd has no subsidiary companies.

Ultimate parent company

RUDDOCKS & CO. ACCOUNTING SERVICES LTD

06761717

RUDDOCKS & CO. ACCOUNTING SERVICES LTD Shareholders

rohan ruddock 58.33%
narda ruddock 41.67%

ruddocks & co. accounting services ltd directors

Ruddocks & Co. Accounting Services Ltd currently has 1 director, Mr Rohan Ruddock serving since Oct 2018.

officercountryagestartendrole
Mr Rohan RuddockEngland44 years Oct 2018- Director

P&L

December 2022

turnover

422.4k

+74%

operating profit

64.9k

0%

gross margin

70.5%

-10.21%

turnover

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

Balance Sheet

December 2022

net assets

46.8k

+22.28%

total assets

197.6k

+0.24%

cash

48.3k

+0.43%

net assets

Total assets minus all liabilities

ruddocks & co. accounting services ltd company details

company number

06761717

Type

Private limited with Share Capital

industry

69202 - Bookkeeping activities

incorporation date

December 2008

age

16

incorporated

UK

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

last accounts submitted

December 2022

address

first floor, copper house, 88 snakes lane east, woodford green, IG8 7HX

accountant

-

auditor

-

ruddocks & co. accounting services 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 2 charges/mortgages relating to ruddocks & co. accounting services ltd. Currently there are 1 open charges and 1 have been satisfied in the past.

charges

ruddocks & co. accounting services ltd Companies House Filings - See Documents

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