riverside flooring limited
riverside flooring limited Company Information
Company Number
07365585
Next Accounts
Mar 2025
Industry
Manufacture of builders’ ware of plastic
Shareholders
james halstead plc
Group Structure
View All
Contact
Registered Address
beechfield hollinhurst road, radcliffe, manchester, lancashire, M26 1JN
Website
www.riversideflooring.co.ukriverside flooring limited Estimated Valuation
Pomanda estimates the enterprise value of RIVERSIDE FLOORING LIMITED at £17.1m based on a Turnover of £32.5m and 0.53x industry multiple (adjusted for size and gross margin).
riverside flooring limited Estimated Valuation
Pomanda estimates the enterprise value of RIVERSIDE FLOORING LIMITED at £14m based on an EBITDA of £3.5m and a 4.03x industry multiple (adjusted for size and gross margin).
riverside flooring limited Estimated Valuation
Pomanda estimates the enterprise value of RIVERSIDE FLOORING LIMITED at £10.6m based on Net Assets of £6.3m and 1.69x industry multiple (adjusted for liquidity).
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Riverside Flooring Limited Overview
Riverside Flooring Limited is a live company located in manchester, M26 1JN with a Companies House number of 07365585. It operates in the manufacture of builders ware of plastic sector, SIC Code 22230. Founded in September 2010, it's largest shareholder is james halstead plc with a 100% stake. Riverside Flooring Limited is a established, large sized company, Pomanda has estimated its turnover at £32.5m with high growth in recent years.
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Riverside Flooring Limited Health Check
Pomanda's financial health check has awarded Riverside Flooring Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £32.5m, make it larger than the average company (£21.3m)
£32.5m - Riverside Flooring Limited
£21.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (10.2%)
16% - Riverside Flooring Limited
10.2% - Industry AVG
Production
with a gross margin of 11.8%, this company has a higher cost of product (27.2%)
11.8% - Riverside Flooring Limited
27.2% - Industry AVG
Profitability
an operating margin of 8.1% make it more profitable than the average company (5.9%)
8.1% - Riverside Flooring Limited
5.9% - Industry AVG
Employees
with 65 employees, this is below the industry average (111)
65 - Riverside Flooring Limited
111 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has an equivalent pay structure (£37.1k)
£42.2k - Riverside Flooring Limited
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £500.7k, this is more efficient (£164.4k)
£500.7k - Riverside Flooring Limited
£164.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Riverside Flooring Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (44 days)
29 days - Riverside Flooring Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is more than average (40 days)
55 days - Riverside Flooring Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (9 weeks)
6 weeks - Riverside Flooring Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.6%, this is a higher level of debt than the average (56.4%)
69.6% - Riverside Flooring Limited
56.4% - Industry AVG
RIVERSIDE FLOORING LIMITED financials
Riverside Flooring Limited's latest turnover from June 2023 is £32.5 million and the company has net assets of £6.3 million. According to their latest financial statements, Riverside Flooring Limited has 65 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 32,543,629 | 28,567,234 | 22,488,276 | 20,924,890 | 20,988,144 | 19,836,119 | 18,528,057 | 17,921,981 | 18,046,894 | 15,361,518 | 11,895,105 | 9,021,586 | 1,538,599 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 28,702,853 | 24,796,197 | 17,692,063 | 16,411,093 | 16,558,042 | 16,039,128 | 14,164,718 | 13,641,502 | 13,791,103 | 12,874,964 | 10,215,937 | 8,411,554 | 3,016,389 |
| Gross Profit | 3,840,776 | 3,771,037 | 4,796,213 | 4,513,797 | 4,430,102 | 3,796,991 | 4,363,339 | 4,280,479 | 4,255,791 | 2,486,554 | 1,679,168 | 610,032 | -1,477,790 |
| Admin Expenses | 1,210,370 | 1,170,965 | 1,220,354 | 1,277,190 | 1,332,360 | 1,279,495 | 1,274,275 | 1,215,982 | 828,663 | 839,503 | 708,413 | 250,000 | 28,000 |
| Operating Profit | 2,630,406 | 2,600,072 | 3,575,859 | 3,236,607 | 3,097,742 | 2,517,496 | 3,089,064 | 3,064,497 | 3,427,128 | 1,647,051 | 970,755 | 360,032 | -1,505,790 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 2,630,406 | 2,600,072 | 3,575,859 | 3,236,607 | 3,097,742 | 2,517,496 | 3,089,064 | 3,064,497 | 3,427,128 | 1,647,051 | 970,755 | 360,032 | -1,505,790 |
| Tax | -504,743 | -427,894 | -820,883 | -640,466 | -580,434 | -465,987 | -626,472 | -597,221 | -710,287 | -376,488 | -246,339 | 139,992 | 415,431 |
| Profit After Tax | 2,125,663 | 2,172,178 | 2,754,976 | 2,596,141 | 2,517,308 | 2,051,509 | 2,462,592 | 2,467,276 | 2,716,841 | 1,270,563 | 724,416 | 500,024 | -1,090,359 |
| Dividends Paid | 2,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 6,000,000 | 2,000,000 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 125,663 | 172,178 | -245,024 | 596,141 | 517,308 | 51,509 | -3,537,408 | 467,276 | 2,716,841 | 1,270,563 | 724,416 | 500,024 | -1,090,359 |
| Employee Costs | 2,742,515 | 2,477,139 | 2,354,842 | 2,542,757 | 2,722,159 | 2,434,881 | 2,318,982 | 2,085,054 | 1,820,945 | 1,597,003 | 1,476,514 | 851,574 | 503,675 |
| Number Of Employees | 65 | 66 | 64 | 69 | 71 | 71 | 72 | 69 | 63 | 58 | 50 | 40 | 15 |
| EBITDA* | 3,463,858 | 3,411,215 | 4,286,533 | 3,898,362 | 3,702,021 | 3,066,485 | 3,615,904 | 3,578,088 | 3,902,844 | 2,001,860 | 1,223,744 | 681,216 | -1,365,975 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,708,060 | 11,128,241 | 11,404,321 | 11,331,726 | 10,859,590 | 10,002,205 | 9,145,483 | 8,721,362 | 8,555,650 | 6,684,806 | 6,197,312 | 6,076,261 | 5,687,326 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,708,060 | 11,128,241 | 11,404,321 | 11,331,726 | 10,859,590 | 10,002,205 | 9,145,483 | 8,721,362 | 8,555,650 | 6,684,806 | 6,197,312 | 6,076,261 | 5,687,326 |
| Stock & work in progress | 4,372,342 | 5,519,419 | 3,604,452 | 4,483,616 | 4,333,477 | 3,779,130 | 4,001,281 | 3,957,213 | 4,345,856 | 3,665,179 | 4,858,832 | 3,487,590 | 1,481,145 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 2,811,233 | 2,235,008 | 2,186,095 | 1,017,787 | 1,589,529 | 2,028,783 | 1,958,920 | 1,764,560 | 3,089,167 | 2,769,930 | 1,820,814 | 1,779,042 | 1,108,952 |
| Misc Debtors | 989,340 | 993,205 | 767,250 | 638,563 | 881,236 | 804,001 | 621,472 | 338,847 | 459,003 | 586,541 | 588,551 | 405,151 | 1,055,103 |
| Cash | 1,753,551 | 1,330,528 | 1,611,951 | 889,280 | 415,769 | 367,566 | 450,006 | 702,167 | 601,931 | 117,262 | 115,285 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,926,466 | 10,078,160 | 8,169,748 | 7,029,246 | 7,220,011 | 6,979,480 | 7,031,679 | 6,762,787 | 8,495,957 | 7,138,912 | 7,383,482 | 5,671,783 | 3,645,200 |
| total assets | 20,634,526 | 21,206,401 | 19,574,069 | 18,360,972 | 18,079,601 | 16,981,685 | 16,177,162 | 15,484,149 | 17,051,607 | 13,823,718 | 13,580,794 | 11,748,044 | 9,332,526 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,393,562 | 1,926,593 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,346,638 | 3,014,918 | 3,276,864 | 1,662,168 | 2,268,571 | 2,052,994 | 2,051,778 | 1,154,627 | 1,785,620 | 1,998,835 | 2,446,925 | 832,577 | 1,067,966 |
| Group/Directors Accounts | 10,444,412 | 10,532,937 | 8,474,558 | 9,203,509 | 8,818,355 | 8,507,307 | 7,744,792 | 8,538,835 | 9,392,750 | 9,224,156 | 9,891,662 | 9,675,363 | 7,054,917 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 904,912 | 978,563 | 1,291,996 | 912,632 | 1,095,663 | 1,128,158 | 1,193,645 | 1,130,931 | 1,689,600 | 1,159,696 | 1,074,222 | 416,552 | 207,092 |
| total current liabilities | 13,695,962 | 14,526,418 | 13,043,418 | 11,778,309 | 12,182,589 | 11,688,459 | 10,990,215 | 10,824,393 | 12,867,970 | 12,382,687 | 13,412,809 | 12,318,054 | 10,256,568 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 669,436 | 536,518 | 559,364 | 366,352 | 276,842 | 190,364 | 135,594 | 70,895 | 62,052 | 36,287 | 33,804 | 20,225 | 166,217 |
| total long term liabilities | 669,436 | 536,518 | 559,364 | 366,352 | 276,842 | 190,364 | 135,594 | 70,895 | 62,052 | 36,287 | 33,804 | 20,225 | 166,217 |
| total liabilities | 14,365,398 | 15,062,936 | 13,602,782 | 12,144,661 | 12,459,431 | 11,878,823 | 11,125,809 | 10,895,288 | 12,930,022 | 12,418,974 | 13,446,613 | 12,338,279 | 10,422,785 |
| net assets | 6,269,128 | 6,143,465 | 5,971,287 | 6,216,311 | 5,620,170 | 5,102,862 | 5,051,353 | 4,588,861 | 4,121,585 | 1,404,744 | 134,181 | -590,235 | -1,090,259 |
| total shareholders funds | 6,269,128 | 6,143,465 | 5,971,287 | 6,216,311 | 5,620,170 | 5,102,862 | 5,051,353 | 4,588,861 | 4,121,585 | 1,404,744 | 134,181 | -590,235 | -1,090,259 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 2,630,406 | 2,600,072 | 3,575,859 | 3,236,607 | 3,097,742 | 2,517,496 | 3,089,064 | 3,064,497 | 3,427,128 | 1,647,051 | 970,755 | 360,032 | -1,505,790 |
| Depreciation | 833,452 | 811,143 | 710,674 | 661,755 | 604,279 | 548,989 | 526,840 | 513,591 | 475,716 | 354,809 | 252,989 | 321,184 | 139,815 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -504,743 | -427,894 | -820,883 | -640,466 | -580,434 | -465,987 | -626,472 | -597,221 | -710,287 | -376,488 | -246,339 | 139,992 | 415,431 |
| Stock | -1,147,077 | 1,914,967 | -879,164 | 150,139 | 554,347 | -222,151 | 44,068 | -388,643 | 680,677 | -1,193,653 | 1,371,242 | 2,006,445 | 1,481,145 |
| Debtors | 572,360 | 274,868 | 1,296,995 | -814,415 | -362,019 | 252,392 | 476,985 | -1,444,763 | 191,699 | 947,106 | 225,172 | 20,138 | 2,164,055 |
| Creditors | -668,280 | -261,946 | 1,614,696 | -606,403 | 215,577 | 1,216 | 897,151 | -630,993 | -213,215 | -448,090 | 1,614,348 | -235,389 | 1,067,966 |
| Accruals and Deferred Income | -73,651 | -313,433 | 379,364 | -183,031 | -32,495 | -65,487 | 62,714 | -558,669 | 529,904 | 85,474 | 657,670 | 209,460 | 207,092 |
| Deferred Taxes & Provisions | 132,918 | -22,846 | 193,012 | 89,510 | 86,478 | 54,770 | 64,699 | 8,843 | 25,765 | 2,483 | 13,579 | -145,992 | 166,217 |
| Cash flow from operations | 2,924,819 | 195,261 | 5,234,891 | 3,222,248 | 3,198,819 | 2,560,756 | 3,492,943 | 3,633,454 | 2,662,635 | 1,511,786 | 1,666,588 | -1,377,296 | -3,154,469 |
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -88,525 | 2,058,379 | -728,951 | 385,154 | 311,048 | 762,515 | -794,043 | -853,915 | 168,594 | -667,506 | 216,299 | 2,620,446 | 7,054,917 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | -88,525 | 2,058,379 | -728,951 | 385,154 | 311,048 | 762,515 | 3,205,857 | -853,915 | 168,594 | -667,506 | 216,299 | ||
| cash and cash equivalents | |||||||||||||
| cash | 423,023 | -281,423 | 722,671 | 473,511 | 48,203 | -82,440 | -252,161 | 100,236 | 484,669 | 1,977 | 115,285 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,393,562 | -533,031 | 1,926,593 |
| change in cash | 423,023 | -281,423 | 722,671 | 473,511 | 48,203 | -82,440 | -252,161 | 100,236 | 484,669 | 1,977 | 1,508,847 | 533,031 | -1,926,593 |
riverside flooring limited Credit Report and Business Information
Riverside Flooring Limited Competitor Analysis
Perform a competitor analysis for riverside flooring limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in M26 area or any other competitors across 12 key performance metrics.
riverside flooring limited Ownership
RIVERSIDE FLOORING LIMITED group structure
Riverside Flooring Limited has no subsidiary companies.
riverside flooring limited directors
Riverside Flooring Limited currently has 3 directors. The longest serving directors include Mr Mark Halstead (Sep 2010) and Mr Gordon Oliver (Sep 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Halstead | 67 years | Sep 2010 | - | Director | |
| Mr Gordon Oliver | 66 years | Sep 2010 | - | Director | |
| Mr Mark Raine | 50 years | Jul 2018 | - | Director |
P&L
June 2023turnover
32.5m
+14%
operating profit
2.6m
+1%
gross margin
11.9%
-10.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
6.3m
+0.02%
total assets
20.6m
-0.03%
cash
1.8m
+0.32%
net assets
Total assets minus all liabilities
riverside flooring limited company details
company number
07365585
Type
Private limited with Share Capital
industry
22230 - Manufacture of builders’ ware of plastic
incorporation date
September 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
beechfield hollinhurst road, radcliffe, manchester, lancashire, M26 1JN
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
riverside flooring 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 riverside flooring limited.
riverside flooring limited Capital Raised & Share Issues BETA
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riverside flooring limited Companies House Filings - See Documents
| date | description | view/download |
|---|
