Pomanda estimates the enterprise value of R M CORBETT LTD at £759.4k based on a Turnover of £1.7m and 0.44x industry multiple (adjusted for size and gross margin).
r m corbett ltdEstimated Valuation
£8.7k
Pomanda estimates the enterprise value of R M CORBETT LTD at £8.7k based on an EBITDA of £2.6k and a 3.31x industry multiple (adjusted for size and gross margin).
r m corbett ltdEstimated Valuation
£519.2k
Pomanda estimates the enterprise value of R M CORBETT LTD at £519.2k based on Net Assets of £232.6k and 2.23x industry multiple (adjusted for liquidity).
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R M Corbett LtdOverview
R M Corbett Ltd is a live company located in newcastle upon tyne, NE19 1RD with a Companies House number of 07615774. It operates in the freight transport by road sector, SIC Code 49410. Founded in April 2011, it's largest shareholder is
francis corbett
with a 100% stake. R M Corbett Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.7m with
high
growth in recent years.
Pomanda's financial health check has awarded R M Corbett Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£10.4m)
£1.7m - R M Corbett Ltd
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (9%)
23% - R M Corbett Ltd
9% - Industry AVG
Production
with a gross margin of 22.3%, this company has a comparable cost of product (22.3%)
22.3% - R M Corbett Ltd
22.3% - Industry AVG
Profitability
an operating margin of -4.5% make it less profitable than the average company (5%)
-4.5% - R M Corbett Ltd
5% - Industry AVG
Employees
with 5 employees, this is below the industry average (64)
5 - R M Corbett Ltd
64 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
£41.1k - R M Corbett Ltd
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £343.9k, this is more efficient (£136.4k)
£343.9k - R M Corbett Ltd
£136.4k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (52 days)
21 days - R M Corbett Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (31 days)
27 days - R M Corbett Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 24 days, this is more than average (1 days)
24 days - R M Corbett Ltd
1 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - R M Corbett Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.8%, this is a higher level of debt than the average (60.6%)
78.8% - R M Corbett Ltd
60.6% - Industry AVG
R M CORBETT LTD financials
EXPORT
R M Corbett Ltd's latest turnover from March 2024 is estimated at £1.7 million and the company has net assets of £232.6 thousand. According to their latest financial statements, R M Corbett Ltd has 5 employees and maintains cash reserves of 0 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
Turnover
1,719,662
4,037,997
2,395,475
934,678
1,476,154
1,576,903
647,019
518,219
456,063
620,400
401,917
438,658
601,339
Other Income Or Grants
Cost Of Sales
1,336,989
3,172,816
1,885,698
743,211
1,180,724
1,267,636
515,778
409,653
364,200
501,437
326,880
357,628
487,822
Gross Profit
382,673
865,181
509,777
191,467
295,430
309,267
131,241
108,566
91,862
118,963
75,037
81,030
113,517
Admin Expenses
459,856
738,197
432,054
177,614
312,084
280,969
131,757
121,297
-5,695
25,340
19,541
53,501
107,053
Operating Profit
-77,183
126,984
77,723
13,853
-16,654
28,298
-516
-12,731
97,557
93,623
55,496
27,529
6,464
Interest Payable
18,554
15,029
10,010
9,737
8,505
8,257
6,760
6,211
4,171
2,176
1,206
Interest Receivable
52
52
2
2
Pre-Tax Profit
-95,737
111,956
67,714
4,116
-25,159
20,041
-7,276
-18,942
93,439
91,499
54,290
27,532
6,466
Tax
-21,272
-12,866
-782
-3,808
-18,688
-19,215
-12,487
-6,608
-1,681
Profit After Tax
-95,737
90,684
54,848
3,334
-25,159
16,233
-7,276
-18,942
74,751
72,284
41,803
20,924
4,785
Dividends Paid
Retained Profit
-95,737
90,684
54,848
3,334
-25,159
16,233
-7,276
-18,942
74,751
72,284
41,803
20,924
4,785
Employee Costs
205,292
157,081
111,709
103,403
102,801
101,396
97,269
96,579
94,565
182,491
119,494
118,946
174,130
Number Of Employees
5
4
3
3
3
3
3
3
3
6
4
4
6
EBITDA*
2,615
230,329
183,203
123,442
70,306
105,106
52,307
40,405
142,029
130,504
71,511
40,610
12,044
* 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
Tangible Assets
823,073
927,421
576,169
561,157
562,638
548,258
375,113
393,366
346,358
219,539
243,929
52,527
27,400
Intangible Assets
1,420
4,820
8,220
11,620
15,020
18,420
21,820
25,220
28,620
32,020
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
823,073
927,421
576,169
562,577
567,458
556,478
386,733
408,386
364,778
241,359
269,149
81,147
59,420
Stock & work in progress
88,150
267,222
99,040
30,000
66,438
73,476
14,000
Trade Debtors
101,425
125,137
232,188
93,063
114,664
132,107
135,226
101,623
133,626
90,633
28,778
45,350
63,452
Group Debtors
Misc Debtors
83,632
132,627
105,480
104,412
21,997
15,018
25,790
30,082
22,906
Cash
20,883
959
misc current assets
total current assets
273,207
524,986
436,708
227,475
203,099
220,601
175,016
131,705
156,532
111,516
28,778
45,350
64,411
total assets
1,096,280
1,452,407
1,012,877
790,052
770,557
777,079
561,749
540,091
521,310
352,875
297,927
126,497
123,831
Bank overdraft
143,327
151,514
78,545
118,885
118,506
106,015
70,586
56,259
48,647
Bank loan
Trade Creditors
100,863
340,465
271,166
98,142
123,149
118,564
26,202
4,348
88,870
89,602
81,548
118,946
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
136,541
173,074
125,632
100,116
84,052
87,084
103,283
77,927
63,571
total current liabilities
380,731
665,053
475,343
317,143
325,707
311,663
200,071
134,186
116,566
88,870
89,602
81,548
118,946
loans
12,500
22,500
40,687
58,469
23,373
30,957
37,106
44,034
49,822
29,855
37,106
hp & lease commitments
Accruals and Deferred Income
other liabilities
297,417
305,485
176,162
155,603
173,111
162,630
80,325
112,384
95,480
69,607
92,809
12,637
provisions
173,000
131,000
83,000
76,000
68,863
67,167
55,818
53,782
44,795
24,647
10,798
6,503
total long term liabilities
482,917
458,985
299,849
290,072
265,347
260,754
173,249
210,200
190,097
124,109
140,713
19,140
total liabilities
863,648
1,124,038
775,192
607,215
591,054
572,417
373,320
344,386
306,663
212,979
230,315
100,688
118,946
net assets
232,632
328,369
237,685
182,837
179,503
204,662
188,429
195,705
214,647
139,896
67,612
25,809
4,885
total shareholders funds
232,632
328,369
237,685
182,837
179,503
204,662
188,429
195,705
214,647
139,896
67,612
25,809
4,885
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
Operating Activities
Operating Profit
-77,183
126,984
77,723
13,853
-16,654
28,298
-516
-12,731
97,557
93,623
55,496
27,529
6,464
Depreciation
79,798
103,345
104,060
106,189
83,560
73,408
49,423
49,736
41,072
33,481
12,615
9,681
3,600
Amortisation
1,420
3,400
3,400
3,400
3,400
3,400
3,400
3,400
3,400
3,400
1,980
Tax
-21,272
-12,866
-782
-3,808
-18,688
-19,215
-12,487
-6,608
-1,681
Stock
-179,072
168,182
69,040
-36,438
-7,038
59,476
14,000
Debtors
-72,707
-79,904
140,193
60,814
-10,464
-13,891
29,311
-24,827
65,899
61,855
-16,572
-18,102
63,452
Creditors
-239,602
69,299
173,024
-25,007
4,585
92,362
26,202
-4,348
-84,522
-732
8,054
-37,398
118,946
Accruals and Deferred Income
-36,533
47,442
25,516
16,064
-3,032
-16,199
25,356
14,356
63,571
Deferred Taxes & Provisions
42,000
48,000
7,000
7,137
1,696
11,349
2,036
8,987
20,148
13,849
4,295
6,503
Cash flow from operations
20,259
285,520
166,644
96,478
91,057
143,225
62,590
84,227
56,639
62,551
87,945
21,209
65,857
Investing Activities
capital expenditure
24,550
-454,597
-119,072
-104,708
-97,940
-246,553
-31,170
-96,744
-167,891
-9,091
-204,017
-34,808
-65,000
Change in Investments
cash flow from investments
24,550
-454,597
-119,072
-104,708
-97,940
-246,553
-31,170
-96,744
-167,891
-9,091
-204,017
-34,808
-65,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-10,000
-18,187
-17,782
35,096
-7,584
-6,149
-6,928
-5,788
19,967
-7,251
37,106
Hire Purchase and Lease Commitments
other long term liabilities
-8,068
129,323
20,559
-17,508
10,481
82,305
-32,059
16,904
25,873
-23,202
80,172
12,637
share issue
100
interest
-18,554
-15,029
-10,010
-9,737
-8,505
-8,257
-6,760
-6,211
-4,119
-2,124
-1,206
2
2
cash flow from financing
-36,622
96,107
-7,233
7,851
-5,608
67,899
-45,747
4,905
41,721
-32,577
116,072
12,639
102
cash and cash equivalents
cash
-20,883
20,883
-959
959
overdraft
-8,187
72,969
-40,340
379
12,491
35,429
14,327
7,612
48,647
change in cash
8,187
-72,969
40,340
-379
-12,491
-35,429
-14,327
-7,612
-69,530
20,883
-959
959
r m corbett 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 r m corbett ltd. Get real-time insights into r m corbett ltd's credit score, group structure and payment trends.
Perform a competitor analysis for r m corbett ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in NE19 area or any other competitors across 12 key performance metrics.
r m corbett ltd Ownership
R M CORBETT LTD group structure
R M Corbett Ltd has no subsidiary companies.
Ultimate parent company
R M CORBETT LTD
07615774
R M CORBETT LTD Shareholders
The sole shareholder of R M Corbett Ltd is Francis Corbett.
francis corbett
100%
r m corbett ltd directors
R M Corbett Ltd currently has 1 director, Mr Francis Corbett serving since Apr 2011.
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 m corbett ltd.
r m corbett 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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r m corbett ltdCompanies House Filings - See Documents
