rule13 limited

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rule13 limited Company Information

Share RULE13 LIMITED

Company Number

08144168

Shareholders

billy daniel webb

philip anthony webb

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Group Structure

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Industry

Other retail sale in non-specialised stores

 

Registered Address

unit 1 fountain enterprise park, enterprise road, maidstone, kent, ME156ZQ

rule13 limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of RULE13 LIMITED at £1.9m based on a Turnover of £4.4m and 0.43x industry multiple (adjusted for size and gross margin).

rule13 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RULE13 LIMITED at £0 based on an EBITDA of £-215.5k and a 4.18x industry multiple (adjusted for size and gross margin).

rule13 limited Estimated Valuation

£4m

Pomanda estimates the enterprise value of RULE13 LIMITED at £4m based on Net Assets of £1.3m and 3.02x industry multiple (adjusted for liquidity).

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Rule13 Limited Overview

Rule13 Limited is a live company located in maidstone, ME156ZQ with a Companies House number of 08144168. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in July 2012, it's largest shareholder is billy daniel webb with a 50% stake. Rule13 Limited is a established, small sized company, Pomanda has estimated its turnover at £4.4m with low growth in recent years.

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Rule13 Limited Health Check

Pomanda's financial health check has awarded Rule13 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £4.4m, make it larger than the average company (£1.3m)

£4.4m - Rule13 Limited

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.4%)

2% - Rule13 Limited

5.4% - Industry AVG

production

Production

with a gross margin of 43.8%, this company has a comparable cost of product (43.8%)

43.8% - Rule13 Limited

43.8% - Industry AVG

profitability

Profitability

an operating margin of -14.6% make it less profitable than the average company (4.8%)

-14.6% - Rule13 Limited

4.8% - Industry AVG

employees

Employees

with 64 employees, this is above the industry average (29)

64 - Rule13 Limited

29 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.8k, the company has an equivalent pay structure (£19.8k)

£19.8k - Rule13 Limited

£19.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £68.2k, this is less efficient (£95.6k)

£68.2k - Rule13 Limited

£95.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Rule13 Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 88 days, this is slower than average (33 days)

88 days - Rule13 Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 165 days, this is more than average (84 days)

165 days - Rule13 Limited

84 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (24 weeks)

37 weeks - Rule13 Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.1%, this is a lower level of debt than the average (66.9%)

46.1% - Rule13 Limited

66.9% - Industry AVG

RULE13 LIMITED financials

EXPORTms excel logo

Rule13 Limited's latest turnover from December 2023 is estimated at £4.4 million and the company has net assets of £1.3 million. According to their latest financial statements, Rule13 Limited has 64 employees and maintains cash reserves of £590.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover4,367,1465,038,0296,290,0244,110,4834,452,3853,425,8772,251,355586,419266,677325,824273,965
Other Income Or Grants
Cost Of Sales2,454,8122,874,2213,812,5092,338,2352,469,9821,935,5431,286,868328,086149,482183,705155,120
Gross Profit1,912,3342,163,8082,477,5151,772,2481,982,4031,490,334964,488258,333117,195142,119118,845
Admin Expenses2,551,6142,855,0772,529,731876,8381,123,098533,943421,908109,786132,439167,44597,064
Operating Profit-639,280-691,269-52,216895,410859,305956,391542,580148,547-15,244-25,32621,781
Interest Payable24,11418,40116,0249,6822,9534,6413,10451774
Interest Receivable24,58217,1622,5271,1095,5222,9433611965386
Pre-Tax Profit-638,812-692,508-65,713886,837861,874954,694539,837148,049-15,253-25,28821,787
Tax-168,499-163,756-181,392-102,569-29,610-5,011
Profit After Tax-638,812-692,508-65,713718,338698,118773,302437,268118,439-15,253-25,28816,776
Dividends Paid
Retained Profit-638,812-692,508-65,713718,338698,118773,302437,268118,439-15,253-25,28816,776
Employee Costs1,269,2421,135,1961,047,574883,198834,155635,099391,367212,732116,35665,76663,978
Number Of Employees6458554945352313744
EBITDA*-215,462-493,943170,3561,145,5381,100,9241,082,523598,640154,879-9,687-23,63923,731

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets258,978631,677770,385833,092895,240638,252241,06065,98913,7343,8135,850
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets258,978631,677770,385833,092895,240638,252241,06065,98913,7343,8135,850
Stock & work in progress1,116,1551,539,6001,060,1491,245,610827,062618,227557,333130,96551,69837,86236,659
Trade Debtors264,552580,184197,429355,819228,556145,42512,9082,8349,296
Group Debtors39,294
Misc Debtors491,372233,801366,031398,041192,221125,41849,70537,75012,815
Cash590,775345,683635,0291,386,934830,465641,992142,8711,66513,23912,7232,564
misc current assets
total current assets2,198,3022,383,6362,641,3933,228,0142,205,5671,614,193895,334183,28880,58659,88178,517
total assets2,457,2803,015,3133,411,7784,061,1063,100,8072,252,4451,136,394249,27794,32063,69484,367
Bank overdraft1,21611614,258
Bank loan2,270
Trade Creditors 592,517480,946154,825156,194122,225364,091232,37259,51622,76572,10667,589
Group/Directors Accounts
other short term finances119,51572,91865,91459,58225,00025,00025,000
hp & lease commitments
other current liabilities111,827278,332200,597684,178656,536364,438210,45880,72992,950
total current liabilities825,075832,312421,336899,954803,761753,529467,830154,503117,98572,10667,589
loans147,16887,766160,685226,5986,25031,25056,250
hp & lease commitments
Accruals and Deferred Income
other liabilities114,24636,21057,26491,012161,80695,40538,790
provisions46,02495,446116,406121,742125,52866,91741,482
total long term liabilities307,438219,422334,355439,352293,584193,572136,522
total liabilities1,132,5131,051,734755,6911,339,3061,097,345947,101604,352154,503117,98572,10667,589
net assets1,324,7671,963,5792,656,0872,721,8002,003,4621,305,344532,04294,774-23,665-8,41216,778
total shareholders funds1,324,7671,963,5792,656,0872,721,8002,003,4621,305,344532,04294,774-23,665-8,41216,778
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit-639,280-691,269-52,216895,410859,305956,391542,580148,547-15,244-25,32621,781
Depreciation423,818197,326222,572250,128241,619126,13256,0606,3325,5571,6871,950
Amortisation
Tax-168,499-163,756-181,392-102,569-29,610-5,011
Stock-423,445479,451-185,461418,548208,83560,894426,36879,26713,8361,20336,659
Debtors-6,981-447,862350,74547,430194,066158,844144,47235,0096,353-29,99839,294
Creditors111,571326,121-1,36933,969-241,866131,719172,85636,751-49,3414,51767,589
Accruals and Deferred Income-166,50577,735-483,58127,642292,098153,980129,729-12,22192,950
Deferred Taxes & Provisions-49,422-20,960-5,336-3,78658,61125,43541,482
Cash flow from operations110,608-142,636-485,214568,886643,110992,527269,29835,52313,7339,67310,356
Investing Activities
capital expenditure-51,119-58,618-159,865-187,980-498,607-523,324-231,131-58,587-15,478350-7,800
Change in Investments
cash flow from investments-51,119-58,618-159,865-187,980-498,607-523,324-231,131-58,587-15,478350-7,800
Financing Activities
Bank loans-2,2702,270
Group/Directors Accounts
Other Short Term Loans 46,5977,0046,33234,58225,000
Long term loans59,402-72,919-65,913220,348-25,000-25,00056,250
Hire Purchase and Lease Commitments
other long term liabilities78,036-21,054-33,748-70,79466,40156,61538,790
share issue982
interest468-1,239-13,497-8,5732,569-1,698-2,743-498-9386
cash flow from financing184,503-88,208-106,826175,56343,97029,917117,297-2,7682,2611368
cash and cash equivalents
cash245,092-289,346-751,905556,469188,473499,121141,206-11,57451610,1592,564
overdraft1,100116-14,25814,258
change in cash243,992-289,462-751,905556,469188,473499,121155,464-25,83251610,1592,564

rule13 limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Rule13 Limited Competitor Analysis

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Perform a competitor analysis for rule13 limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in ME15 area or any other competitors across 12 key performance metrics.

rule13 limited Ownership

RULE13 LIMITED group structure

Rule13 Limited has no subsidiary companies.

Ultimate parent company

RULE13 LIMITED

08144168

RULE13 LIMITED Shareholders

billy daniel webb 50%
philip anthony webb 40%
louise elizabeth bullman 10%

rule13 limited directors

Rule13 Limited currently has 2 directors. The longest serving directors include Mr Philip Webb (Jul 2012) and Mr Billy Webb (Sep 2014).

officercountryagestartendrole
Mr Philip WebbUnited Kingdom58 years Jul 2012- Director
Mr Billy WebbEngland32 years Sep 2014- Director

P&L

December 2023

turnover

4.4m

-13%

operating profit

-639.3k

0%

gross margin

43.8%

+1.95%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

1.3m

-0.33%

total assets

2.5m

-0.19%

cash

590.8k

+0.71%

net assets

Total assets minus all liabilities

rule13 limited company details

company number

08144168

Type

Private limited with Share Capital

industry

47190 - Other retail sale in non-specialised stores

incorporation date

July 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

smartcigs ltd (June 2020)

accountant

-

auditor

-

address

unit 1 fountain enterprise park, enterprise road, maidstone, kent, ME156ZQ

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

rule13 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 rule13 limited.

rule13 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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rule13 limited Companies House Filings - See Documents

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