residual barrier technology limited

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residual barrier technology limited Company Information

Share RESIDUAL BARRIER TECHNOLOGY LIMITED

Company Number

07008048

Shareholders

susan tobbell

christine linda brander

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Group Structure

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Industry

Research and experimental development on biotechnology

 +3

Registered Address

the die pat centre broad march, daventry, northamptonshire, NN11 4HE

residual barrier technology limited Estimated Valuation

£768.9k

Pomanda estimates the enterprise value of RESIDUAL BARRIER TECHNOLOGY LIMITED at £768.9k based on a Turnover of £1.3m and 0.59x industry multiple (adjusted for size and gross margin).

residual barrier technology limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RESIDUAL BARRIER TECHNOLOGY LIMITED at £0 based on an EBITDA of £-20.8k and a 3.35x industry multiple (adjusted for size and gross margin).

residual barrier technology limited Estimated Valuation

£637.3k

Pomanda estimates the enterprise value of RESIDUAL BARRIER TECHNOLOGY LIMITED at £637.3k based on Net Assets of £319.7k and 1.99x industry multiple (adjusted for liquidity).

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Residual Barrier Technology Limited Overview

Residual Barrier Technology Limited is a live company located in northamptonshire, NN11 4HE with a Companies House number of 07008048. It operates in the manufacture of soap and detergents sector, SIC Code 20411. Founded in September 2009, it's largest shareholder is susan tobbell with a 39.2% stake. Residual Barrier Technology Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.

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Residual Barrier Technology Limited Health Check

Pomanda's financial health check has awarded Residual Barrier Technology Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£14.1m)

£1.3m - Residual Barrier Technology Limited

£14.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (9.9%)

9% - Residual Barrier Technology Limited

9.9% - Industry AVG

production

Production

with a gross margin of 21.4%, this company has a higher cost of product (37.3%)

21.4% - Residual Barrier Technology Limited

37.3% - Industry AVG

profitability

Profitability

an operating margin of -1.6% make it less profitable than the average company (2.5%)

-1.6% - Residual Barrier Technology Limited

2.5% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (54)

4 - Residual Barrier Technology Limited

54 - Industry AVG

paystructure

Pay Structure

on an average salary of £54.7k, the company has an equivalent pay structure (£54.7k)

£54.7k - Residual Barrier Technology Limited

£54.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £327.6k, this is more efficient (£229.4k)

£327.6k - Residual Barrier Technology Limited

£229.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 137 days, this is later than average (48 days)

137 days - Residual Barrier Technology Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 71 days, this is slower than average (45 days)

71 days - Residual Barrier Technology Limited

45 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Residual Barrier Technology Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Residual Barrier Technology Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40%, this is a lower level of debt than the average (50.7%)

40% - Residual Barrier Technology Limited

50.7% - Industry AVG

RESIDUAL BARRIER TECHNOLOGY LIMITED financials

EXPORTms excel logo

Residual Barrier Technology Limited's latest turnover from June 2024 is estimated at £1.3 million and the company has net assets of £319.7 thousand. According to their latest financial statements, Residual Barrier Technology Limited has 4 employees 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 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010
Turnover1,310,5451,438,1582,222,7331,022,3711,445,609435,767454,013399,008117,078263,418235,36990,67045,00138,25645,782
Other Income Or Grants
Cost Of Sales1,029,5141,150,3521,738,156793,3051,099,969334,916351,126303,33289,358204,874182,89771,18235,13429,63334,342
Gross Profit281,031287,807484,577229,066345,641100,851102,88795,67627,72058,54452,47219,4889,8668,62211,440
Admin Expenses301,811662,900-3,486,682385,967-229,502546,495997,607897,245509,328134,298107,52960,569-47,77319,43059,856
Operating Profit-20,780-375,0933,971,259-156,901575,143-445,644-894,720-801,569-481,608-75,754-55,057-41,08157,639-10,808-48,416
Interest Payable1,8131,525
Interest Receivable1081392011,17359611469964244402
Pre-Tax Profit-20,780-375,0933,969,554-158,287575,343-444,471-894,124-801,455-480,909-75,112-55,013-41,04157,641-10,808-48,416
Tax-754,215-109,315-13,834
Profit After Tax-20,780-375,0933,215,339-158,287466,028-444,471-894,124-801,455-480,909-75,112-55,013-41,04143,807-10,808-48,416
Dividends Paid
Retained Profit-20,780-375,0933,215,339-158,287466,028-444,471-894,124-801,455-480,909-75,112-55,013-41,04143,807-10,808-48,416
Employee Costs218,967204,703193,093477,295415,521456,655447,705340,25842,18442,10740,55139,77738,93738,46238,095
Number Of Employees444109101081111111
EBITDA*-20,780-375,0933,983,050-142,428592,293-425,195-863,586-751,122-469,956-75,671-55,057-41,08162,464-5,982-43,590

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010
Tangible Assets40,60748,25060,15871,54986,02285,592109,510117,88770,7611,8834,8259,651
Intangible Assets400269,100
Investments & Other76757545
Debtors (Due After 1 year)
Total Fixed Assets40,60748,25060,15871,94986,02285,592109,586387,06270,8361,9284,8259,651
Stock & work in progress767,115707,14286,387168,857305,280123,10522,59610,4629,0444,5933,3412,050
Trade Debtors491,938611,9151,009,986259,840397,08019,16325,35620,18910,03291,00345,47113,77410,6709,6606,412
Group Debtors217,540
Misc Debtors9,40521,76510,15926,52662,997191,204
Cash17,293260,060141,015171,83966,38225,114254,3042,43015,334677
misc current assets
total current assets491,938611,9151,009,9861,053,6531,386,047256,724392,578454,848566,995367,90358,36338,15215,94013,0018,462
total assets532,545660,1651,070,1441,125,6021,472,069342,316502,164841,910637,831369,83158,36338,15215,94017,82618,113
Bank overdraft3,143
Bank loan
Trade Creditors 201,213298,053322,939230,701568,163103,64977,13122,79466,78957,814169,73494,51031,25766,429
Group/Directors Accounts120,444110,002
other short term finances
hp & lease commitments
other current liabilities155,75256,47057,20969,25424,01934,932
total current liabilities201,213298,053322,939389,596624,633160,858146,385167,257211,72357,814169,73494,51031,25766,429
loans46,857
hp & lease commitments
Accruals and Deferred Income
other liabilities11,66721,66731,66776,950
provisions
total long term liabilities11,66721,66731,66746,85776,950
total liabilities212,880319,720354,606436,453624,633160,858146,385167,257211,72357,814169,73494,51031,25776,95066,429
net assets319,665340,445715,538689,149847,436181,458355,779674,653426,108312,017-111,371-56,358-15,317-59,124-48,316
total shareholders funds319,665340,445715,538689,149847,436181,458355,779674,653426,108312,017-111,371-56,358-15,317-59,124-48,316
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010
Operating Activities
Operating Profit-20,780-375,0933,971,259-156,901575,143-445,644-894,720-801,569-481,608-75,754-55,057-41,08157,639-10,808-48,416
Depreciation11,79114,47317,15020,44923,73420,54711,652834,8254,8264,826
Amortisation7,40029,900
Tax-754,215-109,315-13,834
Stock-767,11559,973620,755-82,470-136,423182,175100,50912,1341,4184,4511,2521,2912,050
Debtors-119,977-398,071740,741-149,600389,523-22,560-31,304-335,590327,77345,53231,6973,1041,0103,2486,412
Creditors-96,840-24,88692,238-337,462464,51426,51854,337-43,9958,975-111,92075,22463,25331,257-66,42966,429
Accruals and Deferred Income-155,75299,282-739-12,04545,235-10,91334,932
Deferred Taxes & Provisions
Cash flow from operations2,357-1,9083,191,695-290,981-63,525-305,692-596,287-652,615-854,331-245,257-12,94814,61777,625-76,95014,377
Investing Activities
capital expenditure7,64311,908-400-17,5803,469246,343-366,673-80,530-1,966-14,477
Change in Investments-7613045
cash flow from investments7,64311,908-400-17,5803,545246,342-366,673-80,560-2,011-14,477
Financing Activities
Bank loans
Group/Directors Accounts-120,44410,442110,002
Other Short Term Loans
Long term loans-46,85746,857
Hire Purchase and Lease Commitments
other long term liabilities-10,000-10,00031,667-76,95076,950
share issue-3,188,950199,950270,150575,2501,050,000595,000498,500100
interest-1,705-1,3862011,17359611469964244402
cash flow from financing-10,000-10,000-3,205,84545,471200,151271,323455,4021,060,556705,701499,1424440-76,94876,950100
cash and cash equivalents
cash-17,293-242,767119,045-30,824105,45741,268-229,190251,874-12,90414,657677
overdraft-3,1433,143
change in cash-14,150-245,910119,045-30,824105,45741,268-229,190251,874-12,90414,657677

residual barrier technology 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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Residual Barrier Technology Limited Competitor Analysis

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Perform a competitor analysis for residual barrier technology limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in NN11 area or any other competitors across 12 key performance metrics.

residual barrier technology limited Ownership

RESIDUAL BARRIER TECHNOLOGY LIMITED group structure

Residual Barrier Technology Limited has 2 subsidiary companies.

Ultimate parent company

RESIDUAL BARRIER TECHNOLOGY LIMITED

07008048

2 subsidiaries

RESIDUAL BARRIER TECHNOLOGY LIMITED Shareholders

susan tobbell 39.2%
christine linda brander 35.23%
stuart john gleghorn 21.33%
adam shay 2.29%
david dennis mcintosh 1.75%
lynne mcintosh 0.2%

residual barrier technology limited directors

Residual Barrier Technology Limited currently has 4 directors. The longest serving directors include Mrs Christine Brander (Sep 2009) and Mr Stuart Gleghorn (Jul 2015).

officercountryagestartendrole
Mrs Christine Brander67 years Sep 2009- Director
Mr Stuart Gleghorn72 years Jul 2015- Director
Mr David McIntoshScotland62 years Feb 2018- Director
Susan TobbellEngland73 years Nov 2020- Director

P&L

June 2024

turnover

1.3m

-9%

operating profit

-20.8k

0%

gross margin

21.5%

+7.15%

turnover

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

Balance Sheet

June 2024

net assets

319.7k

-0.06%

total assets

532.5k

-0.19%

cash

0

0%

net assets

Total assets minus all liabilities

residual barrier technology limited company details

company number

07008048

Type

Private limited with Share Capital

industry

72110 - Research and experimental development on biotechnology

47990 - Other retail sale not in stores, stalls or markets

20411 - Manufacture of soap and detergents

incorporation date

September 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

PRIME

auditor

-

address

the die pat centre broad march, daventry, northamptonshire, NN11 4HE

Bank

-

Legal Advisor

-

residual barrier technology 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 residual barrier technology limited.

residual barrier technology 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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residual barrier technology limited Companies House Filings - See Documents

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