Pomanda estimates the enterprise value of RDX INC LIMITED at £1.3m based on a Turnover of £1.3m and 0.96x industry multiple (adjusted for size and gross margin).
rdx inc limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of RDX INC LIMITED at £0 based on an EBITDA of £-57.7k and a 5.23x industry multiple (adjusted for size and gross margin).
rdx inc limitedEstimated Valuation
£915.8k
Pomanda estimates the enterprise value of RDX INC LIMITED at £915.8k based on Net Assets of £301.9k and 3.03x industry multiple (adjusted for liquidity).
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Rdx Inc LimitedOverview
Rdx Inc Limited is a live company located in bury, BL9 5BL with a Companies House number of 07391300. It operates in the manufacture of leather clothes sector, SIC Code 14110. Founded in September 2010, it's largest shareholder is
ahtesham sadiq
with a 75% stake. Rdx Inc Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.3m with
declining
growth in recent years.
Pomanda's financial health check has awarded Rdx Inc Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of £1.3m, make it larger than the average company (£850.5k)
£1.3m - Rdx Inc Limited
£850.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (17%)
-8% - Rdx Inc Limited
17% - Industry AVG
Production
with a gross margin of 30.2%, this company has a comparable cost of product (30.2%)
30.2% - Rdx Inc Limited
30.2% - Industry AVG
Profitability
an operating margin of -4.4% make it less profitable than the average company (3.2%)
-4.4% - Rdx Inc Limited
3.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (7)
4 - Rdx Inc Limited
7 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
£47.5k - Rdx Inc Limited
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £333.8k, this is less efficient (£688.8k)
£333.8k - Rdx Inc Limited
£688.8k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (46 days)
80 days - Rdx Inc Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (39 days)
18 days - Rdx Inc Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rdx Inc Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (29 weeks)
1 weeks - Rdx Inc Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.3%, this is a lower level of debt than the average (65.3%)
53.3% - Rdx Inc Limited
65.3% - Industry AVG
RDX INC LIMITED financials
EXPORT
Rdx Inc Limited's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £301.9 thousand. According to their latest financial statements, we estimate that Rdx Inc Limited has 4 employees and maintains cash reserves of £13.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Sep 2011
Turnover
1,335,166
538,374
1,353,117
1,716,288
1,810,016
3,815,222
4,065,867
5,135,815
4,116,689
3,033,815
3,922,630
1,692,446
419,540
295,061
Other Income Or Grants
Cost Of Sales
932,278
398,854
932,319
1,163,841
1,197,594
2,546,834
2,740,909
3,741,584
2,921,780
2,174,063
2,536,408
1,096,496
242,839
170,897
Gross Profit
402,887
139,520
420,798
552,447
612,422
1,268,388
1,324,958
1,394,230
1,194,909
859,752
1,386,222
595,951
176,701
124,164
Admin Expenses
461,242
162,607
465,548
489,258
543,207
1,257,651
1,355,942
1,288,437
1,150,576
901,372
1,231,501
425,827
167,893
130,287
Operating Profit
-58,355
-23,087
-44,750
63,189
69,215
10,737
-30,984
105,793
44,333
-41,620
154,721
170,124
8,808
-6,123
Interest Payable
Interest Receivable
2,405
2,907
385
198
528
3,830
2,291
961
778
1,180
1,203
536
196
40
Pre-Tax Profit
-55,950
-20,180
-44,365
63,386
69,743
14,567
-28,693
106,754
45,111
-40,440
155,925
170,659
9,004
-6,083
Tax
-12,043
-13,251
-2,768
-21,351
-9,022
-35,863
-40,958
-2,341
Profit After Tax
-55,950
-20,180
-44,365
51,343
56,492
11,799
-28,693
85,403
36,089
-40,440
120,062
129,701
6,663
-6,083
Dividends Paid
Retained Profit
-55,950
-20,180
-44,365
51,343
56,492
11,799
-28,693
85,403
36,089
-40,440
120,062
129,701
6,663
-6,083
Employee Costs
190,058
131,781
251,975
364,893
334,072
674,353
653,300
606,879
477,916
335,876
395,242
63,373
14,483
14,842
Number Of Employees
4
2
8
12
11
22
21
19
13
10
14
4
1
1
EBITDA*
-57,685
-22,194
-43,559
64,777
71,333
10,737
-27,219
110,812
49,986
-34,825
158,851
172,921
10,182
-4,906
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Sep 2011
Tangible Assets
2,010
2,680
3,573
4,764
6,352
8,470
11,293
15,058
16,957
20,383
12,388
8,392
9,621
3,650
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,010
2,680
3,573
4,764
6,352
8,470
11,293
15,058
16,957
20,383
12,388
8,392
9,621
3,650
Stock & work in progress
460,625
515,760
530,830
552,020
331,790
311,360
161,860
151,350
76,025
Trade Debtors
295,329
116,279
199,565
76,801
31,736
68,240
84,234
171,270
272,792
105,552
32,614
38,246
Group Debtors
Misc Debtors
335,404
347,464
394,150
798,145
502,518
627,385
873,513
519,859
421,425
Cash
13,163
78,452
58,371
44,205
350,921
704,913
316,337
599,910
168,625
142,646
329,218
152,118
62,098
16,186
misc current assets
total current assets
643,896
542,195
652,086
919,151
885,175
1,861,163
1,789,844
1,650,599
1,142,070
645,706
913,370
419,530
246,062
130,457
total assets
645,906
544,875
655,659
923,915
891,527
1,869,633
1,801,137
1,665,657
1,159,027
666,089
925,758
427,922
255,683
134,107
Bank overdraft
Bank loan
Trade Creditors
46,281
75,772
154,694
401,577
462,102
1,309,718
1,327,479
1,179,665
867,758
456,185
675,414
297,640
255,102
140,189
Group/Directors Accounts
76,855
619
3,000
other short term finances
hp & lease commitments
other current liabilities
220,829
111,212
122,275
99,902
58,332
245,314
170,856
154,497
42,276
total current liabilities
343,965
186,984
277,588
501,479
520,434
1,555,032
1,498,335
1,334,162
913,034
456,185
675,414
297,640
255,102
140,189
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
343,965
186,984
277,588
501,479
520,434
1,555,032
1,498,335
1,334,162
913,034
456,185
675,414
297,640
255,102
140,189
net assets
301,941
357,891
378,071
422,436
371,093
314,601
302,802
331,495
245,993
209,904
250,344
130,282
581
-6,082
total shareholders funds
301,941
357,891
378,071
422,436
371,093
314,601
302,802
331,495
245,993
209,904
250,344
130,282
581
-6,082
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Sep 2011
Operating Activities
Operating Profit
-58,355
-23,087
-44,750
63,189
69,215
10,737
-30,984
105,793
44,333
-41,620
154,721
170,124
8,808
-6,123
Depreciation
670
893
1,191
1,588
2,118
3,765
5,019
5,653
6,795
4,130
2,797
1,374
1,217
Amortisation
Tax
-12,043
-13,251
-2,768
-21,351
-9,022
-35,863
-40,958
-2,341
Stock
-460,625
-55,135
-15,070
-21,190
220,230
20,430
149,500
10,510
75,325
76,025
Debtors
166,990
-129,972
-281,231
340,692
-161,371
-262,122
437,888
98,434
250,155
-101,522
167,240
72,938
-5,632
38,246
Creditors
-29,491
-78,922
-246,883
-60,525
-847,616
-17,761
147,814
311,907
411,573
-219,229
377,774
42,538
114,913
140,189
Accruals and Deferred Income
109,617
-11,063
22,373
41,570
-186,982
74,458
16,359
112,221
42,276
Deferred Taxes & Provisions
Cash flow from operations
-144,549
17,793
13,162
-306,913
-354,520
381,923
-285,864
436,345
24,428
-172,962
184,022
91,053
53,061
21,012
Investing Activities
capital expenditure
2,823
-3,120
-2,227
-14,790
-8,126
-1,568
-7,345
-4,867
Change in Investments
cash flow from investments
2,823
-3,120
-2,227
-14,790
-8,126
-1,568
-7,345
-4,867
Financing Activities
Bank loans
Group/Directors Accounts
76,855
-619
619
-3,000
3,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
99
1
interest
2,405
2,907
385
198
528
3,830
2,291
961
778
1,180
1,203
536
196
40
cash flow from financing
79,260
2,288
1,004
198
528
3,830
2,291
-1,940
3,778
1,180
1,203
536
196
41
cash and cash equivalents
cash
-65,289
20,081
14,166
-306,716
-353,992
388,576
-283,573
431,285
25,979
-186,572
177,100
90,020
45,912
16,186
overdraft
change in cash
-65,289
20,081
14,166
-306,716
-353,992
388,576
-283,573
431,285
25,979
-186,572
177,100
90,020
45,912
16,186
rdx inc limited 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 rdx inc limited. Get real-time insights into rdx inc limited's credit score, group structure and payment trends.
Perform a competitor analysis for rdx inc limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BL9 area or any other competitors across 12 key performance metrics.
rdx inc limited Ownership
RDX INC LIMITED group structure
Rdx Inc Limited has no subsidiary companies.
Ultimate parent company
RDX INC LIMITED
07391300
RDX INC LIMITED Shareholders
The largest shareholders in Rdx Inc Limited include Ahtesham Sadiq and Nauman Sadiq.
ahtesham sadiq
75%
nauman sadiq
25%
rdx inc limited directors
Rdx Inc Limited currently has 1 director, Mr Ahtesham Sadiq serving since Sep 2010.
47990 - Other retail sale not in stores, stalls or markets
incorporation date
September 2010
age
15
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit b3 and attic, fernhill mill, hornby street, bury, BL9 5BL
Bank
-
Legal Advisor
-
rdx inc 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 found 1 charges/mortgages relating to rdx inc limited. Currently there are 0 open charges and 1 have been satisfied in the past.
rdx inc 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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rdx inc limitedCompanies House Filings - See Documents
