reading roofing ltd
reading roofing ltd Company Information
Company Number
08325673
Website
www.readingroofingpa.comRegistered Address
2nd floor regis house, 45 king william street, london, berkshire, EC4R 9AN
Industry
Roofing activities
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Martin Hannington11 Years
Shareholders
martin hannington 100%
reading roofing ltd Estimated Valuation
Pomanda estimates the enterprise value of READING ROOFING LTD at £261.9k based on a Turnover of £646.1k and 0.41x industry multiple (adjusted for size and gross margin).
reading roofing ltd Estimated Valuation
Pomanda estimates the enterprise value of READING ROOFING LTD at £15.2k based on an EBITDA of £5.5k and a 2.77x industry multiple (adjusted for size and gross margin).
reading roofing ltd Estimated Valuation
Pomanda estimates the enterprise value of READING ROOFING LTD at £42.1k based on Net Assets of £18k and 2.33x industry multiple (adjusted for liquidity).
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Reading Roofing Ltd Overview
Reading Roofing Ltd is a dissolved company that was located in london, EC4R 9AN with a Companies House number of 08325673. It operated in the roofing activities sector, SIC Code 43910. Founded in December 2012, it's largest shareholder was martin hannington with a 100% stake. The last turnover for Reading Roofing Ltd was estimated at £646.1k.
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Reading Roofing Ltd Health Check
Pomanda's financial health check has awarded Reading Roofing Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £646.1k, make it in line with the average company (£539.8k)
- Reading Roofing Ltd
£539.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (11%)
- Reading Roofing Ltd
11% - Industry AVG
Production
with a gross margin of 21.2%, this company has a comparable cost of product (26.4%)
- Reading Roofing Ltd
26.4% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (8.8%)
- Reading Roofing Ltd
8.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (21)
- Reading Roofing Ltd
21 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
- Reading Roofing Ltd
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £323.1k, this is more efficient (£190.7k)
- Reading Roofing Ltd
£190.7k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (51 days)
- Reading Roofing Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (43 days)
- Reading Roofing Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reading Roofing Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Reading Roofing Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.6%, this is a higher level of debt than the average (64.3%)
88.6% - Reading Roofing Ltd
64.3% - Industry AVG
READING ROOFING LTD financials
Reading Roofing Ltd's latest turnover from March 2017 is estimated at £646.1 thousand and the company has net assets of £18 thousand. According to their latest financial statements, we estimate that Reading Roofing Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|
| 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|
| Tangible Assets | 14,020 | 10,440 | 9,536 | 10,979 |
| Intangible Assets | 0 | 7,038 | 8,038 | 9,038 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 14,020 | 17,478 | 17,574 | 20,017 |
| Stock & work in progress | 0 | 4,000 | 6,000 | 3,000 |
| Trade Debtors | 143,980 | 79,675 | 83,959 | 58,290 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 22,581 | 32,162 | 15,974 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 143,980 | 106,256 | 122,121 | 77,264 |
| total assets | 158,000 | 123,734 | 139,695 | 97,281 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 139,957 | 110,109 | 121,366 | 81,917 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 139,957 | 110,109 | 121,366 | 81,917 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 139,957 | 110,109 | 121,366 | 81,917 |
| net assets | 18,043 | 13,625 | 18,329 | 15,364 |
| total shareholders funds | 18,043 | 13,625 | 18,329 | 15,364 |
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 3,648 | 3,235 | 0 | |
| Amortisation | 1,000 | 0 | 0 | |
| Tax | ||||
| Stock | -4,000 | -2,000 | 3,000 | 3,000 |
| Debtors | 64,305 | -4,284 | 25,669 | 58,290 |
| Creditors | 29,848 | -11,257 | 39,449 | 81,917 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -22,581 | -9,581 | 16,188 | 15,974 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -22,581 | -9,581 | 16,188 | 15,974 |
reading roofing ltd Credit Report and Business Information
Reading Roofing Ltd Competitor Analysis
Perform a competitor analysis for reading roofing ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in EC4R area or any other competitors across 12 key performance metrics.
reading roofing ltd Ownership
READING ROOFING LTD group structure
Reading Roofing Ltd has no subsidiary companies.
Ultimate parent company
READING ROOFING LTD
08325673
reading roofing ltd directors
Reading Roofing Ltd currently has 1 director, Mr Martin Hannington serving since Dec 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Hannington | 53 years | Dec 2012 | - | Director |
P&L
March 2017turnover
646.1k
+99%
operating profit
5.5k
0%
gross margin
21.2%
-2.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2017net assets
18k
+0.32%
total assets
158k
+0.28%
cash
0
-1%
net assets
Total assets minus all liabilities
reading roofing ltd company details
company number
08325673
Type
Private limited with Share Capital
industry
43910 - Roofing activities
incorporation date
December 2012
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2017
previous names
N/A
accountant
-
auditor
-
address
2nd floor regis house, 45 king william street, london, berkshire, EC4R 9AN
Bank
-
Legal Advisor
-
reading roofing 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 did not find charges/mortgages relating to reading roofing ltd.
reading roofing ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
