rigby commercial ltd

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rigby commercial ltd Company Information

Share RIGBY COMMERCIAL LTD

Company Number

08330922

Shareholders

victoria jayne rigby

linda rigby

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

4 croft court, whitehills business park, blackpool, FY4 5PR

rigby commercial ltd Estimated Valuation

£5.3m

Pomanda estimates the enterprise value of RIGBY COMMERCIAL LTD at £5.3m based on a Turnover of £1.6m and 3.38x industry multiple (adjusted for size and gross margin).

rigby commercial ltd Estimated Valuation

£2.5m

Pomanda estimates the enterprise value of RIGBY COMMERCIAL LTD at £2.5m based on an EBITDA of £383.6k and a 6.62x industry multiple (adjusted for size and gross margin).

rigby commercial ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of RIGBY COMMERCIAL LTD at £0 based on Net Assets of £-995.3k and 1.75x industry multiple (adjusted for liquidity).

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Rigby Commercial Ltd Overview

Rigby Commercial Ltd is a live company located in blackpool, FY4 5PR with a Companies House number of 08330922. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2012, it's largest shareholder is victoria jayne rigby with a 99.5% stake. Rigby Commercial Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.

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Rigby Commercial Ltd Health Check

Pomanda's financial health check has awarded Rigby Commercial Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £1.6m, make it larger than the average company (£1.1m)

£1.6m - Rigby Commercial Ltd

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (3.6%)

-23% - Rigby Commercial Ltd

3.6% - Industry AVG

production

Production

with a gross margin of 70.8%, this company has a comparable cost of product (70.8%)

70.8% - Rigby Commercial Ltd

70.8% - Industry AVG

profitability

Profitability

an operating margin of 24.6% make it as profitable than the average company (21.5%)

24.6% - Rigby Commercial Ltd

21.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Rigby Commercial Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - Rigby Commercial Ltd

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £779.7k, this is more efficient (£202.5k)

£779.7k - Rigby Commercial Ltd

£202.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is later than average (33 days)

60 days - Rigby Commercial Ltd

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 40 days, this is slower than average (34 days)

40 days - Rigby Commercial Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rigby Commercial Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)

0 weeks - Rigby Commercial Ltd

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 111.9%, this is a higher level of debt than the average (71.5%)

111.9% - Rigby Commercial Ltd

71.5% - Industry AVG

RIGBY COMMERCIAL LTD financials

EXPORTms excel logo

Rigby Commercial Ltd's latest turnover from December 2023 is estimated at £1.6 million and the company has net assets of -£995.3 thousand. According to their latest financial statements, Rigby Commercial Ltd has 2 employees and maintains cash reserves of £35 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover1,559,4511,312,6482,459,0733,378,3535,818,5997,357,924677,248
Other Income Or Grants
Cost Of Sales455,672385,583775,9781,056,6831,929,8802,320,305198,300
Gross Profit1,103,779927,0661,683,0942,321,6713,888,7205,037,619478,948
Admin Expenses720,188499,3121,542,3882,253,7443,918,2865,054,121417,573-1,564
Operating Profit383,591427,754140,70667,927-29,566-16,50261,3751,564
Interest Payable726,102641,822349,379166,893
Interest Receivable2036689121
Pre-Tax Profit-342,308-213,401-208,581-98,944-29,566-16,50261,3751,251
Tax-11,661
Profit After Tax-342,308-213,401-208,581-98,944-29,566-16,50249,7141,251
Dividends Paid
Retained Profit-342,308-213,401-208,581-98,944-29,566-16,50249,7141,251
Employee Costs66,11262,79360,37756,84358,3871,344,43480,14426,667
Number Of Employees2222248311
EBITDA*383,591427,754140,70667,927-29,566-16,50261,3751,813

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets7,001,0005,818,8415,818,8416,193,8416,343,8416,548,3416,533,841149,251
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets7,001,0005,818,8415,818,8416,193,8416,343,8416,548,3416,533,841149,251
Stock & work in progress
Trade Debtors256,496214,400464,989596,390911,981823,77546,537
Group Debtors1,095,1441,376,778730,9521,173,474
Misc Debtors46,0398,285175,5891,5001
Cash357,70330,44542,699
misc current assets25
total current assets1,397,7141,607,1911,401,9751,812,563911,981823,77546,5371,5001
total assets8,398,7147,426,0327,220,8168,006,4047,255,8227,372,1166,580,378150,7511
Bank overdraft3,0772,164
Bank loan
Trade Creditors 50,648100,912151,525141,063226,081532,012426,430
Group/Directors Accounts149,499
other short term finances
hp & lease commitments
other current liabilities4,238,74237,12764,645135,651
total current liabilities4,289,390138,039219,247278,878226,081532,012426,430149,499
loans5,104,6617,803,8225,705,1525,469,732
hp & lease commitments
Accruals and Deferred Income
other liabilities1,598,8452,351,6417,024,6446,805,4416,095,088
provisions7,695
total long term liabilities5,104,6617,803,8227,303,9977,821,3737,024,6446,805,4416,102,783
total liabilities9,394,0517,941,8617,523,2448,100,2517,250,7257,337,4536,529,213149,499
net assets-995,337-515,829-302,428-93,8475,09734,66351,1651,2521
total shareholders funds-995,337-515,829-302,428-93,8475,09734,66351,1651,2521
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit383,591427,754140,70667,927-29,566-16,50261,3751,564
Depreciation249
Amortisation
Tax-11,661
Stock
Debtors-201,784227,933-398,334857,88388,206777,23845,0371,4991
Creditors-50,264-50,61310,462-85,018-305,931105,582426,430
Accruals and Deferred Income4,201,615-27,518-71,006135,651
Deferred Taxes & Provisions-7,6957,695
Cash flow from operations4,736,726121,690478,496-739,323-423,703-695,853438,802314-1
Investing Activities
capital expenditure-1,182,159375,000150,000204,500-14,500-6,384,590-149,500
Change in Investments
cash flow from investments-1,182,159375,000150,000204,500-14,500-6,384,590-149,500
Financing Activities
Bank loans
Group/Directors Accounts-149,499149,499
Other Short Term Loans
Long term loans-2,699,1612,098,670235,4205,469,732
Hire Purchase and Lease Commitments
other long term liabilities-1,598,845-752,796-4,673,003219,203710,3536,095,088
share issue-137,2001991
interest-725,899-641,154-349,288-166,872
cash flow from financing-3,562,260-141,329-866,664629,857219,203710,3535,945,788149,4991
cash and cash equivalents
cash-7,668-22,742-12,25442,699
overdraft-3,0779132,164
change in cash-7,668-19,665-13,16740,535

rigby commercial ltd 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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Rigby Commercial Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rigby commercial ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in FY4 area or any other competitors across 12 key performance metrics.

rigby commercial ltd Ownership

RIGBY COMMERCIAL LTD group structure

Rigby Commercial Ltd has no subsidiary companies.

Ultimate parent company

RIGBY COMMERCIAL LTD

08330922

RIGBY COMMERCIAL LTD Shareholders

victoria jayne rigby 99.5%
linda rigby 0.5%

rigby commercial ltd directors

Rigby Commercial Ltd currently has 2 directors. The longest serving directors include Mrs Linda Rigby (Sep 2017) and Ms Victoria Rigby (Jul 2019).

officercountryagestartendrole
Mrs Linda RigbyEngland63 years Sep 2017- Director
Ms Victoria RigbyEngland26 years Jul 2019- Director

P&L

December 2023

turnover

1.6m

+19%

operating profit

383.6k

0%

gross margin

70.8%

+0.22%

turnover

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

Balance Sheet

December 2023

net assets

-995.3k

+0.93%

total assets

8.4m

+0.13%

cash

35

-1%

net assets

Total assets minus all liabilities

rigby commercial ltd company details

company number

08330922

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

December 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

betsid properties (lancashire) ltd (March 2017)

prestons icon limited (November 2016)

accountant

BECKETT RAWCLIFFE LIMITED

auditor

-

address

4 croft court, whitehills business park, blackpool, FY4 5PR

Bank

-

Legal Advisor

-

rigby commercial 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 10 charges/mortgages relating to rigby commercial ltd. Currently there are 2 open charges and 8 have been satisfied in the past.

rigby commercial 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.

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rigby commercial ltd Companies House Filings - See Documents

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