rock e ltd
rock e ltd Company Information
Company Number
08269972
Next Accounts
Apr 2025
Shareholders
6 bones limited
Group Structure
View All
Industry
Activities of head offices
Registered Address
6th floor 9 appold street, london, EC2A 2AP
Website
www.flatrocktech.comrock e ltd Estimated Valuation
Pomanda estimates the enterprise value of ROCK E LTD at £770.1k based on a Turnover of £1.5m and 0.5x industry multiple (adjusted for size and gross margin).
rock e ltd Estimated Valuation
Pomanda estimates the enterprise value of ROCK E LTD at £122.7k based on an EBITDA of £30.9k and a 3.98x industry multiple (adjusted for size and gross margin).
rock e ltd Estimated Valuation
Pomanda estimates the enterprise value of ROCK E LTD at £0 based on Net Assets of £-849.8k and 2.11x industry multiple (adjusted for liquidity).
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Rock E Ltd Overview
Rock E Ltd is a dissolved company that was located in london, EC2A 2AP with a Companies House number of 08269972. It operated in the activities of head offices sector, SIC Code 70100. Founded in October 2012, it's largest shareholder was 6 bones limited with a 100% stake. The last turnover for Rock E Ltd was estimated at £1.5m.
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Rock E Ltd Health Check
Pomanda's financial health check has awarded Rock E Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£16.3m)
- Rock E Ltd
£16.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (-0.2%)
- Rock E Ltd
-0.2% - Industry AVG
Production
with a gross margin of 31.7%, this company has a comparable cost of product (31.7%)
- Rock E Ltd
31.7% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (4.8%)
- Rock E Ltd
4.8% - Industry AVG
Employees
with 26 employees, this is below the industry average (112)
26 - Rock E Ltd
112 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Rock E Ltd
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £58.9k, this is less efficient (£161k)
- Rock E Ltd
£161k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (47 days)
- Rock E Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 67 days, this is slower than average (47 days)
- Rock E Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (50 days)
- Rock E Ltd
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (19 weeks)
1 weeks - Rock E Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 453.3%, this is a higher level of debt than the average (59.2%)
453.3% - Rock E Ltd
59.2% - Industry AVG
ROCK E LTD financials
Rock E Ltd's latest turnover from October 2021 is estimated at £1.5 million and the company has net assets of -£849.8 thousand. According to their latest financial statements, Rock E Ltd has 26 employees and maintains cash reserves of £26.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 26 | 26 | 26 | 26 | 23 | 20 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,880 | 5,791 | 8,261 | 48,358 | 49,555 | 50,230 | 19,781 | ||
| Intangible Assets | 1,500 | ||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 279,164 | ||||||||
| Total Fixed Assets | 20,880 | 5,791 | 8,261 | 48,358 | 49,555 | 51,730 | 19,781 | 279,164 | |
| Stock & work in progress | 9,574 | 10,172 | 11,389 | 14,275 | 9,658 | 11,781 | 14,021 | ||
| Trade Debtors | 20,492 | 7,158 | 3,722 | 2,376 | 168,746 | 176,702 | 162,373 | 351,865 | |
| Group Debtors | |||||||||
| Misc Debtors | 162,961 | 130,813 | 170,591 | 183,270 | |||||
| Cash | 26,661 | 57,400 | 30,034 | 72,007 | 37,628 | 16,090 | 21,736 | 488 | 931 |
| misc current assets | |||||||||
| total current assets | 219,688 | 205,543 | 215,736 | 271,928 | 216,032 | 204,573 | 198,130 | 352,353 | 931 |
| total assets | 240,568 | 211,334 | 223,997 | 320,286 | 265,587 | 256,303 | 217,911 | 352,353 | 280,095 |
| Bank overdraft | |||||||||
| Bank loan | 9,976 | 833 | |||||||
| Trade Creditors | 192,536 | 162,589 | 252,783 | 425,323 | 672,034 | 484,614 | 543,808 | 437,488 | 284,844 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 848,577 | 871,022 | 782,809 | 504,681 | |||||
| total current liabilities | 1,051,089 | 1,034,444 | 1,035,592 | 930,004 | 672,034 | 484,614 | 543,808 | 437,488 | 284,844 |
| loans | 39,293 | 49,167 | |||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 10,608 | ||||||||
| provisions | |||||||||
| total long term liabilities | 39,293 | 49,167 | 10,608 | ||||||
| total liabilities | 1,090,382 | 1,083,611 | 1,035,592 | 930,004 | 672,034 | 484,614 | 554,416 | 437,488 | 284,844 |
| net assets | -849,814 | -872,277 | -811,595 | -609,718 | -406,447 | -228,311 | -336,505 | -85,135 | -4,749 |
| total shareholders funds | -849,814 | -872,277 | -811,595 | -609,718 | -406,447 | -228,311 | -336,505 | -85,135 | -4,749 |
| Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 141 | 18,679 | 41,489 | 29,983 | 17,605 | 6,594 | |||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -598 | -1,217 | -2,886 | 4,617 | -2,123 | -2,240 | 14,021 | ||
| Debtors | 45,482 | -36,342 | -11,333 | 16,900 | -7,956 | 14,329 | -189,492 | 72,701 | 279,164 |
| Creditors | 29,947 | -90,194 | -172,540 | -246,711 | 187,420 | -59,194 | 106,320 | 152,644 | 284,844 |
| Accruals and Deferred Income | -22,445 | 88,213 | 278,128 | 504,681 | |||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 9,143 | 833 | |||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -9,874 | 49,167 | |||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -10,608 | 10,608 | |||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -30,739 | 27,366 | -41,973 | 34,379 | 21,538 | -5,646 | 21,248 | -443 | 931 |
| overdraft | |||||||||
| change in cash | -30,739 | 27,366 | -41,973 | 34,379 | 21,538 | -5,646 | 21,248 | -443 | 931 |
rock e ltd Credit Report and Business Information
Rock E Ltd Competitor Analysis
Perform a competitor analysis for rock e ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in EC2A area or any other competitors across 12 key performance metrics.
rock e ltd Ownership
ROCK E LTD group structure
Rock E Ltd has no subsidiary companies.
rock e ltd directors
Rock E Ltd currently has 3 directors. The longest serving directors include Mr Dipak Panchal (Oct 2012) and Mr Jamie Sulkin (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dipak Panchal | United Kingdom | 49 years | Oct 2012 | - | Director |
| Mr Jamie Sulkin | England | 46 years | Jun 2020 | - | Director |
| Mr Jamie Sulkin | 46 years | Jun 2020 | - | Director |
P&L
October 2021turnover
1.5m
+1%
operating profit
30.7k
0%
gross margin
31.7%
-1.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2021net assets
-849.8k
-0.03%
total assets
240.6k
+0.14%
cash
26.7k
-0.54%
net assets
Total assets minus all liabilities
Similar Companies
rock e ltd company details
company number
08269972
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
October 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2021
previous names
N/A
accountant
-
auditor
-
address
6th floor 9 appold street, london, EC2A 2AP
Bank
-
Legal Advisor
-
rock e ltd 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 4 charges/mortgages relating to rock e ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
rock e 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.
Click to start generating capital raising & share issue transactions for ROCK E LTD. This can take several minutes, an email will notify you when this has completed.
rock e ltd Companies House Filings - See Documents
| date | description | view/download |
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