river mounts jewellery limited
river mounts jewellery limited Company Information
Company Number
08124228
Next Accounts
52 days late
Industry
Manufacture of jewellery and related articles
Shareholders
chu wai chui
xanthoula metalinou
Group Structure
View All
Contact
Registered Address
95 spencer street, suite 304, jewellery business ce, birmingham, B18 6DA
Website
www.rivermounts.comriver mounts jewellery limited Estimated Valuation
Pomanda estimates the enterprise value of RIVER MOUNTS JEWELLERY LIMITED at £11.6m based on a Turnover of £16.8m and 0.69x industry multiple (adjusted for size and gross margin).
river mounts jewellery limited Estimated Valuation
Pomanda estimates the enterprise value of RIVER MOUNTS JEWELLERY LIMITED at £274.9k based on an EBITDA of £32.6k and a 8.44x industry multiple (adjusted for size and gross margin).
river mounts jewellery limited Estimated Valuation
Pomanda estimates the enterprise value of RIVER MOUNTS JEWELLERY LIMITED at £5.8m based on Net Assets of £3.1m and 1.85x industry multiple (adjusted for liquidity).
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River Mounts Jewellery Limited Overview
River Mounts Jewellery Limited is a live company located in birmingham, B18 6DA with a Companies House number of 08124228. It operates in the manufacture of jewellery and related articles sector, SIC Code 32120. Founded in June 2012, it's largest shareholder is chu wai chui with a 50% stake. River Mounts Jewellery Limited is a established, mid sized company, Pomanda has estimated its turnover at £16.8m with high growth in recent years.
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River Mounts Jewellery Limited Health Check
Pomanda's financial health check has awarded River Mounts Jewellery Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £16.8m, make it larger than the average company (£8.8m)
£16.8m - River Mounts Jewellery Limited
£8.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (2.1%)
- River Mounts Jewellery Limited
2.1% - Industry AVG
Production
with a gross margin of 27%, this company has a higher cost of product (36.5%)
27% - River Mounts Jewellery Limited
36.5% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (8.6%)
-0.9% - River Mounts Jewellery Limited
8.6% - Industry AVG
Employees
with 40 employees, this is above the industry average (32)
40 - River Mounts Jewellery Limited
32 - Industry AVG
Pay Structure
on an average salary of £36.6k, the company has an equivalent pay structure (£37.5k)
£36.6k - River Mounts Jewellery Limited
£37.5k - Industry AVG
Efficiency
resulting in sales per employee of £420.5k, this is more efficient (£191k)
£420.5k - River Mounts Jewellery Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (39 days)
93 days - River Mounts Jewellery Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 138 days, this is slower than average (39 days)
138 days - River Mounts Jewellery Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 80 days, this is less than average (225 days)
80 days - River Mounts Jewellery Limited
225 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - River Mounts Jewellery Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.7%, this is a higher level of debt than the average (42.9%)
68.7% - River Mounts Jewellery Limited
42.9% - Industry AVG
RIVER MOUNTS JEWELLERY LIMITED financials
River Mounts Jewellery Limited's latest turnover from December 2022 is £16.8 million and the company has net assets of £3.1 million. According to their latest financial statements, River Mounts Jewellery Limited has 40 employees and maintains cash reserves of £209.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,819,610 | |||||||||
| Other Income Or Grants | 0 | |||||||||
| Cost Of Sales | 12,276,233 | |||||||||
| Gross Profit | 4,543,377 | |||||||||
| Admin Expenses | 4,690,573 | |||||||||
| Operating Profit | -147,196 | |||||||||
| Interest Payable | 9,605 | |||||||||
| Interest Receivable | 2,851 | |||||||||
| Pre-Tax Profit | -153,950 | |||||||||
| Tax | -31,640 | |||||||||
| Profit After Tax | -185,590 | |||||||||
| Dividends Paid | 360,000 | |||||||||
| Retained Profit | -545,590 | |||||||||
| Employee Costs | 1,463,095 | |||||||||
| Number Of Employees | 40 | 37 | 31 | 20 | 20 | |||||
| EBITDA* | 32,573 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 226,599 | 287,962 | 308,624 | 223,038 | 118,054 | 67,966 | 59,005 | 40,615 | 26,436 | 0 |
| Intangible Assets | 70,000 | 312,112 | 511,189 | 354,800 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 296,599 | 600,074 | 819,813 | 577,838 | 118,054 | 67,966 | 59,005 | 40,615 | 26,436 | 0 |
| Stock & work in progress | 2,715,025 | 1,070,908 | 1,040,412 | 875,248 | 401,568 | 300,000 | 252,000 | 226,000 | 80,500 | 0 |
| Trade Debtors | 4,314,772 | 3,776,795 | 1,487,682 | 2,187,205 | 3,018,583 | 2,541,488 | 3,212,321 | 2,457,208 | 2,291,010 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 265,286 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,417,830 | 0 | 594,159 | 485,990 | 376,646 | 67,916 | 58,743 | 0 | 0 | 0 |
| Cash | 209,672 | 4,752,605 | 346,574 | 727,033 | 426,936 | 269,281 | 597,806 | 427,794 | 162,447 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,657,299 | 9,600,308 | 3,468,827 | 4,275,476 | 4,489,019 | 3,178,685 | 4,120,870 | 3,111,002 | 2,533,957 | 0 |
| total assets | 9,953,898 | 10,200,382 | 4,288,640 | 4,853,314 | 4,607,073 | 3,246,651 | 4,179,875 | 3,151,617 | 2,560,393 | 0 |
| Bank overdraft | 0 | 0 | 25,860 | 44,477 | 22,647 | 535 | 374 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,643,682 | 6,482,999 | 1,532,336 | 2,429,189 | 1,764,577 | 850,650 | 399,389 | 2,549,420 | 2,157,345 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 81,057 | 645,480 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,150,082 | 0 | 704,415 | 365,905 | 703,809 | 805,718 | 1,876,778 | 0 | 0 | 0 |
| total current liabilities | 6,793,764 | 6,482,999 | 2,262,611 | 2,839,571 | 2,491,033 | 1,737,960 | 2,922,021 | 2,549,420 | 2,157,345 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 43,054 | 54,713 | 58,639 | 42,377 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 43,054 | 54,713 | 58,639 | 42,377 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 6,836,818 | 6,537,712 | 2,321,250 | 2,881,948 | 2,491,033 | 1,737,960 | 2,922,021 | 2,549,420 | 2,157,345 | 0 |
| net assets | 3,117,080 | 3,662,670 | 1,967,390 | 1,971,366 | 2,116,040 | 1,508,691 | 1,257,854 | 602,197 | 403,048 | 0 |
| total shareholders funds | 3,117,080 | 3,662,670 | 1,967,390 | 1,971,366 | 2,116,040 | 1,508,691 | 1,257,854 | 602,197 | 403,048 | 0 |
| Dec 2022 | Dec 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -147,196 | |||||||||
| Depreciation | 64,006 | 107,224 | 77,157 | 55,758 | 31,251 | 16,991 | 14,751 | 10,154 | 6,609 | |
| Amortisation | 115,763 | 199,077 | 196,847 | 126,200 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -31,640 | |||||||||
| Stock | 1,644,117 | 30,496 | 165,164 | 473,680 | 101,568 | 48,000 | 26,000 | 145,500 | 80,500 | 0 |
| Debtors | 2,955,807 | 1,694,954 | -591,354 | -987,320 | 1,051,111 | -661,660 | 813,856 | 166,198 | 2,291,010 | 0 |
| Creditors | -1,839,317 | 4,950,663 | -896,853 | 664,612 | 913,927 | 451,261 | -2,150,031 | 392,075 | 2,157,345 | 0 |
| Accruals and Deferred Income | 2,150,082 | -704,415 | 338,510 | -337,904 | -101,909 | -1,071,060 | 1,876,778 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -11,659 | -3,926 | 16,262 | 42,377 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -4,299,885 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | |||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -81,057 | -564,423 | 645,480 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -6,754 | |||||||||
| cash flow from financing | -6,754 | |||||||||
| cash and cash equivalents | ||||||||||
| cash | -4,542,933 | 4,406,031 | -380,459 | 300,097 | 157,655 | -328,525 | 170,012 | 265,347 | 162,447 | 0 |
| overdraft | 0 | -25,860 | -18,617 | 21,830 | 22,112 | 161 | 374 | 0 | 0 | 0 |
| change in cash | -4,542,933 | 4,431,891 | -361,842 | 278,267 | 135,543 | -328,686 | 169,638 | 265,347 | 162,447 | 0 |
river mounts jewellery limited Credit Report and Business Information
River Mounts Jewellery Limited Competitor Analysis
Perform a competitor analysis for river mounts jewellery limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in B18 area or any other competitors across 12 key performance metrics.
river mounts jewellery limited Ownership
RIVER MOUNTS JEWELLERY LIMITED group structure
River Mounts Jewellery Limited has no subsidiary companies.
Ultimate parent company
RIVER MOUNTS JEWELLERY LIMITED
08124228
river mounts jewellery limited directors
River Mounts Jewellery Limited currently has 2 directors. The longest serving directors include Xanthoula Metalinou (Jun 2012) and Mr Chun Chui (Dec 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Xanthoula Metalinou | England | 47 years | Jun 2012 | - | Director |
| Mr Chun Chui | England | 46 years | Dec 2016 | - | Director |
P&L
December 2022turnover
16.8m
0%
operating profit
-147.2k
0%
gross margin
27.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3.1m
-0.15%
total assets
10m
-0.02%
cash
209.7k
-0.96%
net assets
Total assets minus all liabilities
river mounts jewellery limited company details
company number
08124228
Type
Private limited with Share Capital
industry
32120 - Manufacture of jewellery and related articles
incorporation date
June 2012
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
MACALVINS LIMITED
address
95 spencer street, suite 304, jewellery business ce, birmingham, B18 6DA
Bank
-
Legal Advisor
-
river mounts jewellery 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 river mounts jewellery limited.
river mounts jewellery limited Companies House Filings - See Documents
| date | description | view/download |
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