rhodevans limited

rhodevans limited Company Information

Share RHODEVANS LIMITED
Live 
EstablishedMidRapid

Company Number

06822381

Industry

Renting and operating of Housing Association real estate

 

Shareholders

christopher mark rhodes

richard michael evans

Group Structure

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Contact

Registered Address

hobson street burslem, stoke-on-trent, staffs, ST6 2AW

rhodevans limited Estimated Valuation

£54.6m

Pomanda estimates the enterprise value of RHODEVANS LIMITED at £54.6m based on a Turnover of £15.3m and 3.57x industry multiple (adjusted for size and gross margin).

rhodevans limited Estimated Valuation

£8.1m

Pomanda estimates the enterprise value of RHODEVANS LIMITED at £8.1m based on an EBITDA of £1.2m and a 6.56x industry multiple (adjusted for size and gross margin).

rhodevans limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of RHODEVANS LIMITED at £2.6m based on Net Assets of £1.4m and 1.79x industry multiple (adjusted for liquidity).

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Rhodevans Limited Overview

Rhodevans Limited is a live company located in staffs, ST6 2AW with a Companies House number of 06822381. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in February 2009, it's largest shareholder is christopher mark rhodes with a 50% stake. Rhodevans Limited is a established, mid sized company, Pomanda has estimated its turnover at £15.3m with rapid growth in recent years.

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Rhodevans Limited Health Check

Pomanda's financial health check has awarded Rhodevans Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £15.3m, make it larger than the average company (£1.3m)

£15.3m - Rhodevans Limited

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 276%, show it is growing at a faster rate (3.4%)

276% - Rhodevans Limited

3.4% - Industry AVG

production

Production

with a gross margin of 18.9%, this company has a higher cost of product (64.8%)

18.9% - Rhodevans Limited

64.8% - Industry AVG

profitability

Profitability

an operating margin of 5.2% make it less profitable than the average company (18%)

5.2% - Rhodevans Limited

18% - Industry AVG

employees

Employees

with 38 employees, this is above the industry average (5)

38 - Rhodevans Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.4k, the company has an equivalent pay structure (£35.3k)

£40.4k - Rhodevans Limited

£35.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £402.6k, this is more efficient (£201.1k)

£402.6k - Rhodevans Limited

£201.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 39 days, this is later than average (19 days)

39 days - Rhodevans Limited

19 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 62 days, this is slower than average (31 days)

62 days - Rhodevans Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 5 days, this is less than average (78 days)

5 days - Rhodevans Limited

78 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (17 weeks)

2 weeks - Rhodevans Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.9%, this is a similar level of debt than the average (72%)

75.9% - Rhodevans Limited

72% - Industry AVG

RHODEVANS LIMITED financials

EXPORTms excel logo

Rhodevans Limited's latest turnover from December 2023 is £15.3 million and the company has net assets of £1.4 million. According to their latest financial statements, Rhodevans Limited has 38 employees and maintains cash reserves of £133.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Feb 2010
Turnover15,300,43113,011,871166,156288,918160,296141,893187,971152,001149,6041,040,442908,7191,071,4552,453,7282,472,261540,042
Other Income Or Grants000000000000000
Cost Of Sales12,406,09810,258,78048,64585,71149,02638,35350,13238,71249,150409,474349,677321,190679,457711,617110,789
Gross Profit2,894,3332,753,091117,511203,208111,270103,541137,840113,289100,454630,968559,042750,2651,774,2711,760,645429,253
Admin Expenses2,098,3641,643,02298,659179,592141,08697,65876,17463,39912,385594,949530,665675,6471,654,4561,792,501420,486
Operating Profit795,9691,110,06918,85223,616-29,8165,88361,66649,89088,06936,01928,37774,618119,815-31,8568,767
Interest Payable78,69571,27515,15415,43517,86419,05919,40719,64410,46709,45819,45120,44110,4470
Interest Receivable002410388383182447366025920513
Pre-Tax Profit717,0511,057,4513,7228,191-47,642-13,09342,34130,26577,62536,06618,95655,22699,632-42,0998,781
Tax-231,778-170,258-707-1,55600-8,045-6,053-15,525-7,574-4,360-13,254-25,9040-2,459
Profit After Tax485,273887,1933,0156,635-47,642-13,09334,29624,21262,10028,49214,59641,97273,728-42,0996,322
Dividends Paid561,947362,0930000000000000
Retained Profit-85,401508,4933,0156,635-47,642-13,09334,29624,21262,10028,49214,59641,97273,728-42,0996,322
Employee Costs1,533,7711,308,29134,13565,65260,18257,23152,77352,67655,612190,445155,724179,118405,000505,50886,800
Number Of Employees3835122222276718204
EBITDA*1,230,3511,468,99019,34724,234-29,0487,14563,18851,14889,73638,23131,31178,515124,919-31,7868,826

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Feb 2010
Tangible Assets2,580,6312,176,3442,0302,5253,143618,775620,037618,809620,067621,734623,946626,880621,724565,950495,968
Intangible Assets6,0186,8470000000000000
Investments & Other1,242,922847,0501,315,0001,305,0001,269,864270,000270,000270,000270,000270,000270,000270,000270,000270,000180,000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets3,829,5713,030,2411,317,0301,307,5251,273,007888,775890,037888,809890,067891,734893,946896,880891,724835,950675,968
Stock & work in progress193,108158,7480000000000000
Trade Debtors1,660,1991,952,68615,77821,0643,1992,9527,6033,2301,09948,49948,31568,473163,722138,78116,971
Group Debtors000000015,43830,023000000
Misc Debtors196,535278,77157,46937,10248,57141,5974,8063,0882,909000000
Cash133,095364,6467,89111,3939,0651,06921,01512,0262,7226,68812,1632,28621,61281,8815,309
misc current assets000000000000000
total current assets2,182,9372,754,85181,13869,55960,83545,61833,42433,78236,75355,18760,47870,759185,334220,66222,280
total assets6,012,5085,785,0921,398,1681,377,0841,333,842934,393923,461922,591926,820946,921954,424967,6391,077,0581,056,612698,248
Bank overdraft0022,81817,02419,07217,29716,55116,24615,545000000
Bank loan20,85924,7670000000000000
Trade Creditors 2,128,4462,352,7232,545723,91312,64313,0871,8925,706506,941522,150534,311668,029720,886691,446
Group/Directors Accounts24,6592,632475,397411,475423,030228,756132,56200000000
other short term finances000000000000000
hp & lease commitments355,546324,1270000000000000
other current liabilities485,658512,416227,364227,959206,695194,306249,480410,618419,504000000
total current liabilities3,015,1683,216,665728,124656,530652,710453,002411,680428,756440,755506,941522,150534,311668,029720,886691,446
loans018,692211,286233,811236,160256,777274,074290,282306,52800291,003307,493321,4610
hp & lease commitments918,597685,9030000000000000
Accruals and Deferred Income000000000000000
other liabilities00237,000268,000268,0000000322,271342,68168,31469,41455,8520
provisions632,702443,6900000014233861098608310270
total long term liabilities1,551,2991,148,285448,286501,811504,160256,777274,074290,424306,866322,881343,667359,317376,990377,41570
total liabilities4,566,4674,364,9501,176,4101,158,3411,156,870709,779685,754719,180747,621829,822865,817893,6281,045,0191,098,301691,516
net assets1,446,0411,420,142221,758218,743176,972224,614237,707203,411179,199117,09988,60774,01132,039-41,6896,732
total shareholders funds1,446,0411,420,142221,758218,743176,972224,614237,707203,411179,199117,09988,60774,01132,039-41,6896,732
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Feb 2010
Operating Activities
Operating Profit795,9691,110,06918,85223,616-29,8165,88361,66649,89088,06936,01928,37774,618119,815-31,8568,767
Depreciation433,553358,0934956187681,2621,5221,2581,6672,2122,9343,8975,1047059
Amortisation8298280000000000000
Tax-231,778-170,258-707-1,55600-8,045-6,053-15,525-7,574-4,360-13,254-25,9040-2,459
Stock34,360158,7480000000000000
Debtors-374,7232,158,21015,0816,3967,22132,140-9,347-12,275-14,468184-20,158-95,24924,941138,78116,971
Creditors-224,2772,350,1782,473-3,841-8,730-44411,195-3,814-501,235-15,209-12,161-133,718-52,857720,886691,446
Accruals and Deferred Income-26,758285,052-59521,26412,389-55,174-161,138-8,886419,504000000
Deferred Taxes & Provisions189,012443,6900000-142-196-272-376986-83-1910270
Cash flow from operations1,276,9132,060,6945,43733,705-32,610-80,613-85,59544,4746,67614,88835,93426,70921,198550,421680,912
Investing Activities
capital expenditure0000614,8640-2,7500000-9,053-60,878-566,020-496,027
Change in Investments395,872-467,95010,00035,136999,86400000000270,000180,000
cash flow from investments-395,872467,950-10,000-35,136-385,0000-2,7500000-9,053-60,878-836,020-676,027
Financing Activities
Bank loans-3,90824,7670000000000000
Group/Directors Accounts22,027-472,76563,922-11,555194,27496,194132,56200000000
Other Short Term Loans 000000000000000
Long term loans-18,692-192,594-22,525-2,349-20,617-17,297-16,208-16,246306,5280-291,003-16,490-13,968321,4610
Hire Purchase and Lease Commitments264,1131,010,0300000000000000
other long term liabilities0-237,000-31,0000268,000000-322,271-20,410274,367-1,10013,56255,8520
share issue111,300689,891035,136000000000410410
interest-78,695-71,275-15,130-15,425-17,826-18,976-19,324-19,626-10,44347-9,422-19,391-20,182-10,24213
cash flow from financing296,145751,054-4,7335,807423,83159,92197,030-35,872-26,186-20,363-26,058-36,981-20,588367,481423
cash and cash equivalents
cash-231,551356,755-3,5022,3287,996-19,9468,9899,304-3,966-5,4759,877-19,326-60,26981,8815,309
overdraft0-22,8185,794-2,0481,77574630570115,545000000
change in cash-231,551379,573-9,2964,3766,221-20,6928,6848,603-19,511-5,4759,877-19,326-60,26981,8815,309

rhodevans 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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Rhodevans Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rhodevans limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in ST6 area or any other competitors across 12 key performance metrics.

rhodevans limited Ownership

RHODEVANS LIMITED group structure

Rhodevans Limited has 1 subsidiary company.

Ultimate parent company

RHODEVANS LIMITED

06822381

1 subsidiary

RHODEVANS LIMITED Shareholders

christopher mark rhodes 50%
richard michael evans 50%

rhodevans limited directors

Rhodevans Limited currently has 3 directors. The longest serving directors include Mr Richard Evans (Feb 2009) and Mr Richard Evans (Feb 2009).

officercountryagestartendrole
Mr Richard EvansEngland56 years Feb 2009- Director
Mr Richard EvansEngland56 years Feb 2009- Director
Mr Christopher RhodesUnited Kingdom62 years Feb 2009- Director

P&L

December 2023

turnover

15.3m

+18%

operating profit

796k

-28%

gross margin

19%

-10.59%

turnover

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

Balance Sheet

December 2023

net assets

1.4m

+0.02%

total assets

6m

+0.04%

cash

133.1k

-0.64%

net assets

Total assets minus all liabilities

rhodevans limited company details

company number

06822381

Type

Private limited with Share Capital

industry

68201 - Renting and operating of Housing Association real estate

incorporation date

February 2009

age

15

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

eandr enterprises limited (March 2009)

accountant

-

auditor

SUMER AUDITCO LIMITED

address

hobson street burslem, stoke-on-trent, staffs, ST6 2AW

Bank

-

Legal Advisor

-

rhodevans 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 found 3 charges/mortgages relating to rhodevans limited. Currently there are 3 open charges and 0 have been satisfied in the past.

rhodevans 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.

Click to start generating capital raising & share issue transactions for RHODEVANS LIMITED. This can take several minutes, an email will notify you when this has completed.

rhodevans limited Companies House Filings - See Documents

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