rowland brothers ltd

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rowland brothers ltd Company Information

Share ROWLAND BROTHERS LTD

Company Number

06883205

Shareholders

stephen neil anthony rowland

anthony brian arthur rowland

Group Structure

View All

Industry

Funeral and related activities

 

Registered Address

299-303 whitehorse road, croydon, CR0 2HR

rowland brothers ltd Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of ROWLAND BROTHERS LTD at £3.6m based on a Turnover of £5.3m and 0.68x industry multiple (adjusted for size and gross margin).

rowland brothers ltd Estimated Valuation

£3.1m

Pomanda estimates the enterprise value of ROWLAND BROTHERS LTD at £3.1m based on an EBITDA of £681.8k and a 4.48x industry multiple (adjusted for size and gross margin).

rowland brothers ltd Estimated Valuation

£8m

Pomanda estimates the enterprise value of ROWLAND BROTHERS LTD at £8m based on Net Assets of £2.8m and 2.92x industry multiple (adjusted for liquidity).

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Rowland Brothers Ltd Overview

Rowland Brothers Ltd is a live company located in croydon, CR0 2HR with a Companies House number of 06883205. It operates in the funeral and related activities sector, SIC Code 96030. Founded in April 2009, it's largest shareholder is stephen neil anthony rowland with a 86% stake. Rowland Brothers Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.3m with high growth in recent years.

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Rowland Brothers Ltd Health Check

Pomanda's financial health check has awarded Rowland Brothers Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

5 Regular

positive_score

2 Weak

size

Size

annual sales of £5.3m, make it larger than the average company (£1.8m)

£5.3m - Rowland Brothers Ltd

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (4.1%)

21% - Rowland Brothers Ltd

4.1% - Industry AVG

production

Production

with a gross margin of 54.5%, this company has a comparable cost of product (54.5%)

54.5% - Rowland Brothers Ltd

54.5% - Industry AVG

profitability

Profitability

an operating margin of 7.7% make it less profitable than the average company (9.9%)

7.7% - Rowland Brothers Ltd

9.9% - Industry AVG

employees

Employees

with 50 employees, this is above the industry average (15)

50 - Rowland Brothers Ltd

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £32k, the company has an equivalent pay structure (£32k)

£32k - Rowland Brothers Ltd

£32k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £106.1k, this is equally as efficient (£108k)

£106.1k - Rowland Brothers Ltd

£108k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 23 days, this is near the average (21 days)

23 days - Rowland Brothers Ltd

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 123 days, this is slower than average (30 days)

123 days - Rowland Brothers Ltd

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 9 days, this is in line with average (7 days)

9 days - Rowland Brothers Ltd

7 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (21 weeks)

30 weeks - Rowland Brothers Ltd

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 55.9%, this is a higher level of debt than the average (46.1%)

55.9% - Rowland Brothers Ltd

46.1% - Industry AVG

ROWLAND BROTHERS LTD financials

EXPORTms excel logo

Rowland Brothers Ltd's latest turnover from March 2024 is estimated at £5.3 million and the company has net assets of £2.8 million. According to their latest financial statements, Rowland Brothers Ltd has 50 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover5,304,0934,913,3852,805,1463,009,4303,767,5973,131,4784,127,2123,088,1493,352,9985,183,57200000
Other Income Or Grants000000000000000
Cost Of Sales2,411,2792,164,1731,114,7131,249,9881,760,0821,472,3591,942,1491,470,1281,527,3652,422,62400000
Gross Profit2,892,8142,749,2121,690,4331,759,4422,007,5151,659,1182,185,0631,618,0211,825,6332,760,94800000
Admin Expenses2,482,1952,345,4001,281,906854,9351,474,2321,462,7511,971,3111,444,4341,514,1432,509,10700000
Operating Profit410,619403,812408,527904,507533,283196,367213,752173,587311,490251,84100000
Interest Payable85,752119,02391,86282,43381,546104,082115,416118,54460,706000000
Interest Receivable62,00746,0667,51653599292753086748800000
Pre-Tax Profit386,875330,854324,181822,609451,83692,57898,41155,350251,458251,92900000
Tax-96,719-62,862-61,594-156,296-85,849-17,590-18,698-11,070-50,291-52,90500000
Profit After Tax290,156267,992262,587666,313365,98774,98879,71344,280201,166199,02400000
Dividends Paid000000000000000
Retained Profit290,156267,992262,587666,313365,98774,98879,71344,280201,166199,02400000
Employee Costs1,599,0321,481,7761,511,3781,502,9421,362,8471,386,5471,462,8531,366,9051,325,4891,567,01500000
Number Of Employees5050505049505350496200000
EBITDA*681,760687,603706,2961,198,683990,490623,818605,546567,796555,706500,36300000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets2,981,6283,081,5813,110,8883,229,9833,369,5063,511,1212,962,0772,987,1772,671,5702,651,03700000
Intangible Assets0170,001340,001510,001794,7831,079,5651,364,3471,649,1291,360,0001,530,00000000
Investments & Other940,524940,524940,524841,404300,300300,300300,200300,200044,91500000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets3,922,1524,192,1064,391,4134,581,3884,464,5894,890,9864,626,6244,936,5064,031,5704,225,95200000
Stock & work in progress60,26751,97560,55955,669111,00459,69359,66784,73093,302106,63300000
Trade Debtors342,477365,04549,712136,892238,558131,553286,680166,720248,374432,30900000
Group Debtors337,377453,300365,067424,044285,935293,774000000000
Misc Debtors310,33164,49572,875121,347154,87290,54658,306149,892162,370000000
Cash1,267,9051,094,2751,073,520930,829138,40459,30418,61411,550234,50535,08300000
misc current assets000000000000000
total current assets2,318,3572,029,0901,621,7331,668,781928,773634,870423,267412,892738,551574,02500000
total assets6,240,5096,221,1966,013,1466,250,1695,393,3625,525,8565,049,8915,349,3984,770,1214,799,97700000
Bank overdraft104,340236,561163,136209,544206,338253,097194,185299,696352,063000000
Bank loan000000000000000
Trade Creditors 812,614650,755521,751445,224408,514630,495581,532358,900250,031896,93300000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,228,052995,885929,2541,109,135934,152774,882383,944414,581372,968000000
total current liabilities2,145,0061,883,2011,614,1411,763,9031,549,0041,658,4741,159,6611,073,177975,062896,93300000
loans332,292851,2791,071,4301,277,7261,009,1241,205,0671,431,5521,625,8381,515,814000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities937,146977,7751,090,9501,223,0331,503,2011,686,8801,586,5141,855,3141,854,8023,703,92000000
provisions73,55946,59142,26753,73666,57575,96447,68150,29924,153000000
total long term liabilities1,342,9971,875,6452,204,6472,554,4952,578,9002,967,9113,065,7473,531,4513,394,7693,703,92000000
total liabilities3,488,0033,758,8463,818,7884,318,3984,127,9044,626,3854,225,4084,604,6284,369,8314,600,85300000
net assets2,752,5062,462,3502,194,3581,931,7711,265,458899,471824,483744,770400,290199,12400000
total shareholders funds2,752,5062,462,3502,194,3581,931,7711,265,458899,471824,483744,770400,290199,12400000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit410,619403,812408,527904,507533,283196,367213,752173,587311,490251,84100000
Depreciation101,140113,791127,7699,394172,425142,669107,012109,42774,21678,52200000
Amortisation170,001170,000170,000284,782284,782284,782284,782284,782170,000170,00000000
Tax-96,719-62,862-61,594-156,296-85,849-17,590-18,698-11,070-50,291-52,90500000
Stock8,292-8,5844,890-55,33551,31126-25,063-8,572-13,331106,63300000
Debtors107,345395,186-194,6292,918163,492170,88728,374-94,132-21,565432,30900000
Creditors161,859129,00476,52736,710-221,98148,963222,632108,869-646,902896,93300000
Accruals and Deferred Income232,16766,631-179,881174,983159,270390,938-30,63741,613372,968000000
Deferred Taxes & Provisions26,9684,324-11,469-12,839-9,38928,283-2,61826,14624,153000000
Cash flow from operations890,398438,098719,6181,293,658617,738903,499772,914836,058290,530805,44900000
Investing Activities
capital expenditure-1,187-84,484-8,674130,129-30,810-691,713-81,912-998,945-94,749-4,429,55900000
Change in Investments0099,120541,10401000300,200-44,91544,91500000
cash flow from investments-1,187-84,484-107,794-410,975-30,810-691,813-81,912-1,299,145-49,834-4,474,47400000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-518,987-220,151-206,296268,602-195,943-226,485-194,286110,0241,515,814000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-40,629-113,175-132,083-280,168-183,679100,366-268,800512-1,849,1183,703,92000000
share issue0000000300,200010000000
interest-23,745-72,957-84,346-81,898-81,447-103,790-115,341-118,236-60,0328800000
cash flow from financing-583,361-406,283-422,725-93,464-461,069-229,909-578,427292,500-393,3363,704,10800000
cash and cash equivalents
cash173,63020,755142,691792,42579,10040,6907,064-222,955199,42235,08300000
overdraft-132,22173,425-46,4083,206-46,75958,912-105,511-52,367352,063000000
change in cash305,851-52,670189,099789,219125,859-18,222112,575-170,588-152,64135,08300000

rowland brothers 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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Rowland Brothers Ltd Competitor Analysis

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Perform a competitor analysis for rowland brothers ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in CR0 area or any other competitors across 12 key performance metrics.

rowland brothers ltd Ownership

ROWLAND BROTHERS LTD group structure

Rowland Brothers Ltd has 5 subsidiary companies.

ROWLAND BROTHERS LTD Shareholders

stephen neil anthony rowland 86%
anthony brian arthur rowland 14%

rowland brothers ltd directors

Rowland Brothers Ltd currently has 5 directors. The longest serving directors include Mr Stephen Rowland (Apr 2009) and Mr Anthony Rowland (Apr 2009).

officercountryagestartendrole
Mr Stephen RowlandEngland59 years Apr 2009- Director
Mr Anthony RowlandEngland86 years Apr 2009- Director
Ms Shelley HillerEngland67 years Oct 2021- Director
Mr Nicholas RedmanEngland39 years Oct 2021- Director
Mr Mark SpoonerEngland59 years Oct 2021- Director

P&L

March 2024

turnover

5.3m

+8%

operating profit

410.6k

0%

gross margin

54.6%

-2.53%

turnover

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

Balance Sheet

March 2024

net assets

2.8m

+0.12%

total assets

6.2m

0%

cash

1.3m

+0.16%

net assets

Total assets minus all liabilities

rowland brothers ltd company details

company number

06883205

Type

Private limited with Share Capital

industry

96030 - Funeral and related activities

incorporation date

April 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

299-303 whitehorse road, croydon, CR0 2HR

Bank

-

Legal Advisor

-

rowland brothers 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 7 charges/mortgages relating to rowland brothers ltd. Currently there are 7 open charges and 0 have been satisfied in the past.

rowland brothers 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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rowland brothers ltd Companies House Filings - See Documents

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