r (no. 2) ltd

1.5

r (no. 2) ltd Company Information

Share R (NO. 2) LTD
Live 
EstablishedMicroDeclining

Company Number

07154936

Website

-

Registered Address

isher house 3 peel cross road, isher business park, salford, M5 4DT

Industry

Activities of head offices

 

Telephone

-

Next Accounts Due

November 2024

Group Structure

View All

Directors

Reuben Singh14 Years

Shareholders

isher capital 100%

r (no. 2) ltd Estimated Valuation

£27.5k

Pomanda estimates the enterprise value of R (NO. 2) LTD at £27.5k based on a Turnover of £51.7k and 0.53x industry multiple (adjusted for size and gross margin).

r (no. 2) ltd Estimated Valuation

£44.4k

Pomanda estimates the enterprise value of R (NO. 2) LTD at £44.4k based on an EBITDA of £12.1k and a 3.66x industry multiple (adjusted for size and gross margin).

r (no. 2) ltd Estimated Valuation

£7.7k

Pomanda estimates the enterprise value of R (NO. 2) LTD at £7.7k based on Net Assets of £10k and 0.77x industry multiple (adjusted for liquidity).

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R (no. 2) Ltd Overview

R (no. 2) Ltd is a live company located in salford, M5 4DT with a Companies House number of 07154936. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 2010, it's largest shareholder is isher capital with a 100% stake. R (no. 2) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £51.7k with declining growth in recent years.

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R (no. 2) Ltd Health Check

Pomanda's financial health check has awarded R (No. 2) Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £51.7k, make it smaller than the average company (£20.1m)

£51.7k - R (no. 2) Ltd

£20.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (4%)

0% - R (no. 2) Ltd

4% - Industry AVG

production

Production

with a gross margin of 19.2%, this company has a higher cost of product (32.8%)

19.2% - R (no. 2) Ltd

32.8% - Industry AVG

profitability

Profitability

an operating margin of 23.5% make it more profitable than the average company (5.9%)

23.5% - R (no. 2) Ltd

5.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (117)

1 - R (no. 2) Ltd

117 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.3k, the company has an equivalent pay structure (£45.3k)

£45.3k - R (no. 2) Ltd

£45.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £51.7k, this is less efficient (£184.3k)

£51.7k - R (no. 2) Ltd

£184.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 70 days, this is later than average (47 days)

70 days - R (no. 2) Ltd

47 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - R (no. 2) Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - R (no. 2) Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - R (no. 2) Ltd

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - R (no. 2) Ltd

- - Industry AVG

R (NO. 2) LTD financials

EXPORTms excel logo

R (No. 2) Ltd's latest turnover from February 2023 is estimated at £51.7 thousand and the company has net assets of £10 thousand. According to their latest financial statements, we estimate that R (No. 2) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover51,732052,62151,76650,55049,33749,36500000010,547,624
Other Income Or Grants00000000000000
Cost Of Sales41,793043,16541,91941,23640,17939,9710000008,713,344
Gross Profit9,93909,4579,8479,3149,1589,3940000001,834,280
Admin Expenses-2,20710,0259,4579,8479,3149,158-3,09450505050507,5501,841,805
Operating Profit12,146-10,025000012,488-50-50-50-50-50-7,550-7,525
Interest Payable00000000000000
Interest Receivable2002500001350505050507,5507,525
Pre-Tax Profit12,346-10,000000012,5000000000
Tax-2,34600000-2,5000000000
Profit After Tax10,000-10,000000010,0000000000
Dividends Paid00000000000000
Retained Profit10,000-10,000000010,0000000000
Employee Costs45,308040,28740,56339,50038,71637,1110000001,312,350
Number Of Employees101111100000039
EBITDA*12,146-10,025000012,488-50-50-50-50-50-7,550-7,525

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets00000000000000
Intangible Assets00000000000000
Investments & Other000000000003,000,0003,000,0000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets000000000003,000,0003,000,0000
Stock & work in progress00000000000000
Trade Debtors10,000010,00010,00010,00010,00010,0000000000
Group Debtors00000000000000
Misc Debtors00000000000000
Cash010,0000000010,00010,00010,00010,00010,00010,0003,010,000
misc current assets00000000000000
total current assets10,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,0003,010,000
total assets10,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,0003,010,0003,010,0003,010,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 00000000000003,000,000
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities00000000000003,000,000
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities000000000003,000,0003,000,0000
provisions00000000000000
total long term liabilities000000000003,000,0003,000,0000
total liabilities000000000003,000,0003,000,0003,000,000
net assets10,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,000
total shareholders funds10,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,000
Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit12,146-10,025000012,488-50-50-50-50-50-7,550-7,525
Depreciation00000000000000
Amortisation00000000000000
Tax-2,34600000-2,5000000000
Stock00000000000000
Debtors10,000-10,000000010,0000000000
Creditors000000000000-3,000,0003,000,000
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-200-250000-12-50-50-50-50-50-3,007,5502,992,475
Investing Activities
capital expenditure00000000000000
Change in Investments0000000000-3,000,00003,000,0000
cash flow from investments00000000003,000,0000-3,000,0000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities0000000000-3,000,00003,000,0000
share issue-10,00010,0000000-10,00000000010,000
interest2002500001350505050507,5507,525
cash flow from financing-9,80010,0250000-9,987505050-2,999,950503,007,55017,525
cash and cash equivalents
cash-10,00010,0000000-10,00000000-3,000,0003,010,000
overdraft00000000000000
change in cash-10,00010,0000000-10,00000000-3,000,0003,010,000

r (no. 2) 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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R (no. 2) Ltd Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for r (no. 2) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M 5 area or any other competitors across 12 key performance metrics.

r (no. 2) ltd Ownership

R (NO. 2) LTD group structure

R (No. 2) Ltd has no subsidiary companies.

Ultimate parent company

R (NO. 2) LTD

07154936

R (NO. 2) LTD Shareholders

isher capital 100%

r (no. 2) ltd directors

R (No. 2) Ltd currently has 1 director, Dr Reuben Singh serving since Feb 2010.

officercountryagestartendrole
Dr Reuben SinghUnited Kingdom48 years Feb 2010- Director

P&L

February 2023

turnover

51.7k

0%

operating profit

12.1k

0%

gross margin

19.3%

0%

turnover

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

Balance Sheet

February 2023

net assets

10k

0%

total assets

10k

0%

cash

0

-1%

net assets

Total assets minus all liabilities

r (no. 2) ltd company details

company number

07154936

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

February 2010

age

14

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

February 2023

address

isher house 3 peel cross road, isher business park, salford, M5 4DT

accountant

-

auditor

-

r (no. 2) 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 did not find charges/mortgages relating to r (no. 2) ltd.

charges

r (no. 2) ltd Companies House Filings - See Documents

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