Pomanda estimates the enterprise value of R2 DEVELOPMENTS LTD at £734.8k based on a Turnover of £1.5m and 0.5x industry multiple (adjusted for size and gross margin).
r2 developments ltdEstimated Valuation
£951.1k
Pomanda estimates the enterprise value of R2 DEVELOPMENTS LTD at £951.1k based on an EBITDA of £239.7k and a 3.97x industry multiple (adjusted for size and gross margin).
r2 developments ltdEstimated Valuation
£24.2m
Pomanda estimates the enterprise value of R2 DEVELOPMENTS LTD at £24.2m based on Net Assets of £17.1m and 1.41x industry multiple (adjusted for liquidity).
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R2 Developments LtdOverview
R2 Developments Ltd is a live company located in derbyshire, DE1 2RJ with a Companies House number of 07092621. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2009, it's largest shareholder is
robert edward charles wilson
with a 70.1% stake. R2 Developments Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.5m with
declining
growth in recent years.
Pomanda's financial health check has awarded R2 Developments Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£2.5m)
£1.5m - R2 Developments Ltd
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.8%)
-12% - R2 Developments Ltd
4.8% - Industry AVG
Production
with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)
27.1% - R2 Developments Ltd
27.1% - Industry AVG
Profitability
an operating margin of 15.9% make it more profitable than the average company (6.9%)
15.9% - R2 Developments Ltd
6.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
3 - R2 Developments Ltd
7 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
£48.1k - R2 Developments Ltd
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £488.1k, this is more efficient (£290.1k)
£488.1k - R2 Developments Ltd
£290.1k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (28 days)
2 days - R2 Developments Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (31 days)
51 days - R2 Developments Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1364 days, this is more than average (156 days)
1364 days - R2 Developments Ltd
156 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (12 weeks)
2 weeks - R2 Developments Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.4%, this is a lower level of debt than the average (73.6%)
18.4% - R2 Developments Ltd
73.6% - Industry AVG
R2 DEVELOPMENTS LTD financials
EXPORT
R2 Developments Ltd's latest turnover from December 2023 is estimated at £1.5 million and the company has net assets of £17.1 million. According to their latest financial statements, R2 Developments Ltd has 3 employees and maintains cash reserves of £158 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Turnover
1,464,196
2,376,526
3,814,974
2,126,574
1,063,616
1,358,003
835,771
455,477
1,112,340
341,825
493,944
308,678
4,151,344
Other Income Or Grants
Cost Of Sales
1,067,658
1,743,200
2,853,027
1,565,196
773,284
961,084
582,934
316,208
782,487
243,441
351,639
221,391
3,021,290
Gross Profit
396,538
633,326
961,946
561,377
290,332
396,919
252,837
139,269
329,853
98,384
142,305
87,286
1,130,054
Admin Expenses
163,450
-1,787,023
-416,622
438,278
192,660
233,047
161,352
296,231
-204,386
140,418
144,247
75,746
1,144,724
Operating Profit
233,088
2,420,349
1,378,568
123,099
97,672
163,872
91,485
-156,962
534,239
-42,034
-1,942
11,540
-14,670
Interest Payable
52,338
51,082
Interest Receivable
97,285
87,761
4,803
1,832
16,151
24,643
14,253
5,303
6,702
5,245
3,905
2,410
2,283
Pre-Tax Profit
330,373
2,508,110
1,331,033
73,849
113,823
188,515
105,738
-151,659
540,941
-36,789
1,964
13,950
-12,387
Tax
-82,593
-476,541
-252,896
-14,031
-21,626
-35,818
-20,090
-108,188
-452
-3,348
Profit After Tax
247,780
2,031,569
1,078,137
59,818
92,197
152,697
85,648
-151,659
432,753
-36,789
1,512
10,602
-12,387
Dividends Paid
Retained Profit
247,780
2,031,569
1,078,137
59,818
92,197
152,697
85,648
-151,659
432,753
-36,789
1,512
10,602
-12,387
Employee Costs
144,410
138,414
226,200
221,965
217,389
215,204
169,692
84,324
167,355
79,107
74,750
72,318
638,527
Number Of Employees
3
3
5
5
5
5
4
2
4
2
2
2
18
EBITDA*
239,712
2,429,055
1,388,835
123,870
98,229
163,872
91,485
-156,962
534,239
-42,034
-1,942
11,540
-14,670
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Tangible Assets
19,873
26,118
30,798
2,315
1,670
2,227
Intangible Assets
Investments & Other
85
170
170
85
85
85
85
10
1,041,444
1,481,026
675,228
Debtors (Due After 1 year)
8,740,420
9,898,055
1,808,398
4,338,030
5,123,870
4,831,370
3,036,863
Total Fixed Assets
8,760,378
9,924,343
1,839,366
4,340,430
5,125,625
4,833,682
3,036,948
10
1,041,444
1,481,026
675,228
Stock & work in progress
3,991,227
3,440,986
6,632,957
6,311,398
3,064,266
1,895,943
1,656,498
1,234,309
513,744
99,373
Trade Debtors
10,706
4,506
71,785
17,161
60,091
468
17,400
12,000
89,695
Group Debtors
7,752,379
1,950,000
7,787,965
1,728,178
Misc Debtors
264,665
3,098,473
2,489,649
3,067,289
3,427,539
1,224,036
2,364,916
1,145,438
Cash
157,996
3,548,109
1,466,812
2,375,269
1,288,656
3,018,269
3,553,176
2,147,967
2,094,592
586,371
1,511,452
50,656
913,306
misc current assets
total current assets
12,176,973
12,042,074
18,377,383
13,482,134
7,852,246
6,138,248
7,574,590
4,544,875
2,668,427
686,212
1,528,852
62,656
1,003,001
total assets
20,937,351
21,966,417
20,216,749
17,822,564
12,977,871
10,971,930
10,611,538
4,544,885
3,709,871
2,167,238
2,204,080
62,656
1,003,001
Bank overdraft
Bank loan
Trade Creditors
151,928
531,706
428,890
71,569
1,106
116,458
10,682
31,504
214,080
104,200
104,253
64,341
1,015,288
Group/Directors Accounts
3,457,470
2,921,324
2,846,130
74,188
59,764
35,974
other short term finances
hp & lease commitments
other current liabilities
230,975
1,662,689
2,121,465
2,267,511
2,242,043
2,236,642
2,171,076
1,169,249
total current liabilities
3,840,373
5,115,719
5,396,485
2,413,268
2,302,913
2,389,074
2,181,758
1,200,753
214,080
104,200
104,253
64,341
1,015,288
loans
1,674,804
hp & lease commitments
Accruals and Deferred Income
other liabilities
600,000
600,000
provisions
5,000
6,500
7,635
284
379
total long term liabilities
5,000
6,500
7,635
1,674,804
284
379
600,000
600,000
total liabilities
3,845,373
5,122,219
5,404,120
4,088,072
2,303,197
2,389,453
2,181,758
1,200,753
214,080
704,200
704,253
64,341
1,015,288
net assets
17,091,978
16,844,198
14,812,629
13,734,492
10,674,674
8,582,477
8,429,780
3,344,132
3,495,791
1,463,038
1,499,827
-1,685
-12,287
total shareholders funds
17,091,978
16,844,198
14,812,629
13,734,492
10,674,674
8,582,477
8,429,780
3,344,132
3,495,791
1,463,038
1,499,827
-1,685
-12,287
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Operating Activities
Operating Profit
233,088
2,420,349
1,378,568
123,099
97,672
163,872
91,485
-156,962
534,239
-42,034
-1,942
11,540
-14,670
Depreciation
6,624
8,706
10,267
771
557
Amortisation
Tax
-82,593
-476,541
-252,896
-14,031
-21,626
-35,818
-20,090
-108,188
-452
-3,348
Stock
550,241
-3,191,971
321,559
3,247,132
1,168,323
239,445
422,189
720,565
414,371
99,373
Debtors
1,817,136
2,865,022
2,952,515
510,303
2,567,788
653,627
4,239,180
1,102,508
59,623
-16,932
5,400
-77,695
89,695
Creditors
-379,778
102,816
357,321
70,463
-115,352
105,776
-20,822
-182,576
109,880
-53
39,912
-950,947
1,015,288
Accruals and Deferred Income
-1,431,714
-458,776
-146,046
25,468
5,401
65,566
1,001,827
1,169,249
Deferred Taxes & Provisions
-1,500
-1,135
7,635
-284
-95
379
Cash flow from operations
-4,023,250
1,922,368
-1,919,225
-3,551,949
-3,769,554
-593,297
-3,608,969
-993,362
61,937
-124,528
32,118
-865,060
910,923
Investing Activities
capital expenditure
-379
-4,026
-38,750
-1,416
-2,227
Change in Investments
-85
85
75
-1,041,434
-439,582
805,798
675,228
cash flow from investments
-294
-4,026
-38,835
-1,416
-2,227
-75
1,041,434
439,582
-805,798
-675,228
Financing Activities
Bank loans
Group/Directors Accounts
536,146
75,194
2,771,942
14,424
23,790
35,974
Other Short Term Loans
Long term loans
-1,674,804
1,674,804
Hire Purchase and Lease Commitments
other long term liabilities
-600,000
600,000
share issue
3,000,000
2,000,000
5,000,000
1,600,000
1,500,000
100
interest
97,285
87,761
-47,535
-49,250
16,151
24,643
14,253
5,303
6,702
5,245
3,905
2,410
2,283
cash flow from financing
633,431
162,955
1,049,603
4,639,978
2,039,941
60,617
5,014,253
5,303
1,006,702
5,245
2,103,905
2,410
2,383
cash and cash equivalents
cash
-3,390,113
2,081,297
-908,457
1,086,613
-1,729,613
-534,907
1,405,209
53,375
1,508,221
-925,081
1,460,796
-862,650
913,306
overdraft
change in cash
-3,390,113
2,081,297
-908,457
1,086,613
-1,729,613
-534,907
1,405,209
53,375
1,508,221
-925,081
1,460,796
-862,650
913,306
r2 developments ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for r2 developments ltd. Get real-time insights into r2 developments ltd's credit score, group structure and payment trends.
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r2 developments 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 1 charges/mortgages relating to r2 developments ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
r2 developments 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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r2 developments ltdCompanies House Filings - See Documents
