Pomanda estimates the enterprise value of RMET at £19.2m based on a Turnover of £17.5m and 1.1x industry multiple (adjusted for size and gross margin).
rmetEstimated Valuation
£11m
Pomanda estimates the enterprise value of RMET at £11m based on an EBITDA of £2m and a 5.63x industry multiple (adjusted for size and gross margin).
rmetEstimated Valuation
£77.8m
Pomanda estimates the enterprise value of RMET at £77.8m based on Net Assets of £30.2m and 2.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
RmetOverview
Rmet is a live company located in gillingham, ME8 6JS with a Companies House number of 07654628. It operates in the primary education sector, SIC Code 85200. Founded in June 2011, it's largest shareholder is
unknown.
Rmet is a established,
mid sized company, Pomanda has estimated its turnover at
£17.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Rmet a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
2 Regular
2 Weak
Size
annual sales of £17.5m, make it larger than the average company (£7.2m)
£17.5m - Rmet
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.2%)
12% - Rmet
7.2% - Industry AVG
Production
with a gross margin of 48.2%, this company has a comparable cost of product (48.2%)
48.2% - Rmet
48.2% - Industry AVG
Profitability
an operating margin of 7.7% make it more profitable than the average company (4.1%)
7.7% - Rmet
4.1% - Industry AVG
Employees
with 271 employees, this is above the industry average (127)
271 - Rmet
127 - Industry AVG
Pay Structure
on an average salary of £40.4k, the company has an equivalent pay structure (£38.6k)
£40.4k - Rmet
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £64.5k, this is more efficient (£55.1k)
£64.5k - Rmet
£55.1k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is later than average (0 days)
2 days - Rmet
0 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (22 days)
4 days - Rmet
22 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (4 days)
0 days - Rmet
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 200 weeks, this is more cash available to meet short term requirements (96 weeks)
200 weeks - Rmet
96 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.8%, this is a lower level of debt than the average (7.2%)
3.8% - Rmet
7.2% - Industry AVG
RMET financials
EXPORT
Rmet's latest turnover from August 2024 is £17.5 million and the company has net assets of £30.2 million. According to their latest financial statements, Rmet has 271 employees and maintains cash reserves of £4.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Turnover
17,493,000
16,485,000
13,258,000
12,391,000
11,382,000
11,833,000
12,145,000
13,307,000
11,908,000
6,971,000
6,687,000
6,196,000
23,328,000
Other Income Or Grants
Cost Of Sales
9,067,017
8,577,588
7,071,898
6,885,430
6,162,107
6,155,768
6,047,167
6,476,623
6,138,603
3,820,071
3,771,705
3,379,617
12,639,240
Gross Profit
8,425,983
7,907,412
6,186,102
5,505,570
5,219,893
5,677,232
6,097,833
6,830,377
5,769,397
3,150,929
2,915,295
2,816,383
10,688,760
Admin Expenses
7,073,016
8,743,039
6,600,904
6,053,341
5,853,278
5,848,471
5,162,039
3,269,521
1,452,704
3,190,926
2,940,737
2,919,970
-10,233,733
Operating Profit
1,352,967
-835,627
-414,802
-547,771
-633,385
-171,239
935,794
3,560,856
4,316,693
-39,997
-25,442
-103,587
20,922,493
Interest Payable
34,000
24,000
69,000
Interest Receivable
37,000
Pre-Tax Profit
1,169,000
-645,000
-357,000
-545,000
-631,000
-154,000
771,000
2,888,000
3,457,000
-32,000
-19,000
-98,000
15,903,000
Tax
Profit After Tax
1,169,000
-645,000
-357,000
-545,000
-631,000
-154,000
771,000
2,888,000
3,457,000
-32,000
-19,000
-98,000
15,903,000
Dividends Paid
Retained Profit
1,169,000
-645,000
-357,000
-545,000
-631,000
-154,000
771,000
2,888,000
3,457,000
-32,000
-19,000
-98,000
15,903,000
Employee Costs
10,951,000
10,474,000
10,218,000
9,925,000
9,275,000
8,827,000
8,508,000
7,933,000
6,268,000
4,731,000
4,528,000
4,360,000
5,190,000
Number Of Employees
271
240
217
264
271
283
266
258
230
140
102
104
109
EBITDA*
1,953,967
-248,627
179,198
132,229
21,615
413,761
1,526,794
3,963,856
4,379,693
264,003
261,558
163,413
20,922,493
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Tangible Assets
25,081,000
25,800,000
26,641,000
26,628,000
26,927,000
27,439,000
26,435,000
25,891,000
22,228,000
15,117,000
15,289,000
15,453,000
15,709,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
40,000
6,000
5,000
Total Fixed Assets
25,121,000
25,800,000
26,647,000
26,633,000
26,927,000
27,439,000
26,435,000
25,891,000
22,228,000
15,117,000
15,289,000
15,453,000
15,709,000
Stock & work in progress
6,000
6,000
7,000
12,000
10,000
8,000
4,000
4,000
5,000
5,000
4,000
4,000
4,000
Trade Debtors
130,000
67,000
35,000
78,000
52,000
20,000
34,000
35,000
7,000
2,000
1,000
1,000
5,000
Group Debtors
Misc Debtors
1,479,000
1,249,000
675,000
242,000
280,000
259,000
454,000
270,000
282,000
222,000
165,000
88,000
152,000
Cash
4,617,000
3,611,000
3,651,000
2,955,000
2,587,000
2,184,000
2,413,000
1,869,000
1,792,000
1,854,000
1,345,000
1,232,000
1,003,000
misc current assets
total current assets
6,232,000
4,933,000
4,368,000
3,287,000
2,929,000
2,471,000
2,905,000
2,178,000
2,086,000
2,083,000
1,515,000
1,325,000
1,164,000
total assets
31,353,000
30,733,000
31,015,000
29,920,000
29,856,000
29,910,000
29,340,000
28,069,000
24,314,000
17,200,000
16,804,000
16,778,000
16,873,000
Bank overdraft
Bank loan
Trade Creditors
115,000
13,000
712,000
152,000
148,000
141,000
109,000
118,000
185,000
83,000
120,000
82,000
72,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,080,000
1,582,000
641,000
606,000
673,000
620,000
442,000
424,000
458,000
394,000
138,000
207,000
266,000
total current liabilities
1,195,000
1,595,000
1,353,000
758,000
821,000
761,000
551,000
542,000
643,000
477,000
258,000
289,000
338,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
934,000
6,972,000
5,562,000
4,335,000
2,939,000
3,378,000
3,961,000
962,000
846,000
937,000
848,000
total liabilities
1,195,000
1,595,000
2,287,000
7,730,000
6,383,000
5,096,000
3,490,000
3,920,000
4,604,000
1,439,000
1,104,000
1,226,000
1,186,000
net assets
30,158,000
29,138,000
28,728,000
22,190,000
23,473,000
24,814,000
25,850,000
24,149,000
19,710,000
15,761,000
15,700,000
15,552,000
15,687,000
total shareholders funds
30,158,000
29,138,000
28,728,000
22,190,000
23,473,000
24,814,000
25,850,000
24,149,000
19,710,000
15,761,000
15,700,000
15,552,000
15,687,000
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Operating Activities
Operating Profit
1,352,967
-835,627
-414,802
-547,771
-633,385
-171,239
935,794
3,560,856
4,316,693
-39,997
-25,442
-103,587
20,922,493
Depreciation
601,000
587,000
594,000
680,000
655,000
585,000
591,000
403,000
63,000
304,000
287,000
267,000
Amortisation
Tax
Stock
-1,000
-5,000
2,000
2,000
4,000
-1,000
1,000
4,000
Debtors
333,000
600,000
391,000
-7,000
53,000
-209,000
183,000
16,000
65,000
58,000
77,000
-68,000
157,000
Creditors
102,000
-699,000
560,000
4,000
7,000
32,000
-9,000
-67,000
102,000
-37,000
38,000
10,000
72,000
Accruals and Deferred Income
-502,000
941,000
35,000
-67,000
53,000
178,000
18,000
-34,000
64,000
256,000
-69,000
-59,000
266,000
Deferred Taxes & Provisions
Cash flow from operations
1,220,967
-605,627
388,198
74,229
26,615
828,761
1,352,794
3,847,856
4,480,693
424,003
153,558
182,413
21,099,493
Investing Activities
capital expenditure
462,000
-97,000
-280,000
563,000
158,000
60,000
-196,000
Change in Investments
cash flow from investments
462,000
-97,000
-280,000
563,000
158,000
60,000
-196,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-149,000
1,055,000
6,895,000
-738,000
-710,000
-882,000
930,000
1,551,000
492,000
93,000
167,000
-37,000
-216,000
interest
-34,000
-24,000
-32,000
cash flow from financing
-149,000
1,055,000
6,895,000
-738,000
-710,000
-882,000
930,000
1,551,000
492,000
93,000
133,000
-61,000
-248,000
cash and cash equivalents
cash
1,006,000
-40,000
696,000
368,000
403,000
-229,000
544,000
77,000
-62,000
509,000
113,000
229,000
1,003,000
overdraft
change in cash
1,006,000
-40,000
696,000
368,000
403,000
-229,000
544,000
77,000
-62,000
509,000
113,000
229,000
1,003,000
rmet 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 rmet. Get real-time insights into rmet's credit score, group structure and payment trends.
Perform a competitor analysis for rmet by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in ME8 area or any other competitors across 12 key performance metrics.
rmet Ownership
RMET group structure
Rmet has no subsidiary companies.
Ultimate parent company
RMET
07654628
RMET Shareholders
The sole shareholder of Rmet is -.
-
-
rmet directors
Rmet currently has 4 directors.
The longest serving directors include
Mr Dave Brockman (Jul 2021) and
Mr Lee Phipps-Bartley (Feb 2022).
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 rmet.
rmet 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.
Click to start generating capital raising & share issue transactions for RMET. This can take several minutes, an email will notify you when this has completed.
