rapid residential ltd

rapid residential ltd Company Information

Share RAPID RESIDENTIAL LTD
Live 
EstablishedSmallLow

Company Number

08528701

Industry

Development of building projects

 

Directors

Paul Shepherd

Shareholders

paul shepherd

Group Structure

View All

Contact

Registered Address

unit 3 oaktree business park, ga, gatherley road, richmond, DL10 7SQ

rapid residential ltd Estimated Valuation

£399.2k

Pomanda estimates the enterprise value of RAPID RESIDENTIAL LTD at £399.2k based on a Turnover of £1.1m and 0.35x industry multiple (adjusted for size and gross margin).

rapid residential ltd Estimated Valuation

£29.6k

Pomanda estimates the enterprise value of RAPID RESIDENTIAL LTD at £29.6k based on an EBITDA of £11.8k and a 2.52x industry multiple (adjusted for size and gross margin).

rapid residential ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of RAPID RESIDENTIAL LTD at £0 based on Net Assets of £-79.2k and 1.38x industry multiple (adjusted for liquidity).

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Rapid Residential Ltd Overview

Rapid Residential Ltd is a live company located in richmond, DL10 7SQ with a Companies House number of 08528701. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2013, it's largest shareholder is paul shepherd with a 100% stake. Rapid Residential Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.1m with low growth in recent years.

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Rapid Residential Ltd Health Check

Pomanda's financial health check has awarded Rapid Residential Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£2.4m)

£1.1m - Rapid Residential Ltd

£2.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6%)

3% - Rapid Residential Ltd

6% - Industry AVG

production

Production

with a gross margin of 8.9%, this company has a higher cost of product (25.5%)

8.9% - Rapid Residential Ltd

25.5% - Industry AVG

profitability

Profitability

an operating margin of 1% make it less profitable than the average company (7.5%)

1% - Rapid Residential Ltd

7.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Rapid Residential Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)

£48.4k - Rapid Residential Ltd

£48.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.1m, this is more efficient (£285.4k)

£1.1m - Rapid Residential Ltd

£285.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 111 days, this is later than average (27 days)

111 days - Rapid Residential Ltd

27 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Rapid Residential Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rapid Residential Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rapid Residential Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 122.6%, this is a higher level of debt than the average (73.6%)

122.6% - Rapid Residential Ltd

73.6% - Industry AVG

RAPID RESIDENTIAL LTD financials

EXPORTms excel logo

Rapid Residential Ltd's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of -£79.2 thousand. According to their latest financial statements, Rapid Residential Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015May 2014
Turnover1,148,920664,1751,061,9541,045,5521,233,9951,704,4621,898,000508,666000
Other Income Or Grants00000000000
Cost Of Sales1,046,982602,344969,205952,5951,108,4481,523,8231,690,643449,063000
Gross Profit101,93861,83192,74892,957125,548180,639207,35859,604000
Admin Expenses90,16262,87699,980173,936127,87369,888270,40182,685000
Operating Profit11,776-1,045-7,232-80,979-2,325110,751-63,043-23,081000
Interest Payable00000000000
Interest Receivable00000000000
Pre-Tax Profit11,776-1,045-7,232-80,979-2,325110,751-63,043-23,081000
Tax-2,9440000-21,04300000
Profit After Tax8,832-1,045-7,232-80,979-2,32589,708-63,043-23,081000
Dividends Paid00000000000
Retained Profit8,832-1,045-7,232-80,979-2,32589,708-63,043-23,081000
Employee Costs48,41846,06844,50343,50543,486128,04142,14141,464000
Number Of Employees11111311000
EBITDA*11,776-1,045-7,232-80,979-2,325110,751-63,043-23,081000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015May 2014
Tangible Assets000010,82810,82800000
Intangible Assets00000000000
Investments & Other00000010010010000
Debtors (Due After 1 year)00000000000
Total Fixed Assets000010,82810,82810010010000
Stock & work in progress00000000000
Trade Debtors351,044350,000352,305350,738382,106386,638559,031140,861000
Group Debtors00000000000
Misc Debtors00000000000
Cash00000000000
misc current assets00000000000
total current assets351,044350,000352,305350,738382,106386,638559,031140,861000
total assets351,044350,000352,305350,738392,934397,466559,131140,96110000
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 0226000393,882593,517163,942000
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities0226000393,882593,517163,942000
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000051,7380000
other liabilities430,209437,771439,257430,458391,675000000
provisions00000000000
total long term liabilities430,209437,771439,257430,458391,675051,7380000
total liabilities430,209437,997439,257430,458391,675393,882645,255163,942000
net assets-79,165-87,997-86,952-79,7201,2593,584-86,124-22,98110000
total shareholders funds-79,165-87,997-86,952-79,7201,2593,584-86,124-22,98110000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015May 2014
Operating Activities
Operating Profit11,776-1,045-7,232-80,979-2,325110,751-63,043-23,081000
Depreciation00000000000
Amortisation00000000000
Tax-2,9440000-21,04300000
Stock00000000000
Debtors1,044-2,3051,567-31,368-4,532-172,393418,170140,861000
Creditors-22622600-393,882-199,635429,575163,942000
Accruals and Deferred Income00000-51,73851,7380000
Deferred Taxes & Provisions00000000000
Cash flow from operations7,5621,486-8,799-49,611-391,67510,7281000000
Investing Activities
capital expenditure00010,8280-10,82800000
Change in Investments00000-1000010000
cash flow from investments00010,8280-10,72800-10000
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities-7,562-1,4868,79938,783391,675000000
share issue000000-100010000
interest00000000000
cash flow from financing-7,562-1,4868,79938,783391,6750-100010000
cash and cash equivalents
cash00000000000
overdraft00000000000
change in cash00000000000

rapid residential 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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Rapid Residential Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rapid residential ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DL10 area or any other competitors across 12 key performance metrics.

rapid residential ltd Ownership

RAPID RESIDENTIAL LTD group structure

Rapid Residential Ltd has no subsidiary companies.

Ultimate parent company

RAPID RESIDENTIAL LTD

08528701

RAPID RESIDENTIAL LTD Shareholders

paul shepherd 100%

rapid residential ltd directors

Rapid Residential Ltd currently has 1 director, Mr Paul Shepherd serving since Jul 2021.

officercountryagestartendrole
Mr Paul ShepherdEngland59 years Jul 2021- Director

P&L

March 2024

turnover

1.1m

+73%

operating profit

11.8k

0%

gross margin

8.9%

-4.69%

turnover

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

Balance Sheet

March 2024

net assets

-79.2k

-0.1%

total assets

351k

0%

cash

0

0%

net assets

Total assets minus all liabilities

rapid residential ltd company details

company number

08528701

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

May 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

bishop index ltd (January 2016)

accountant

-

auditor

-

address

unit 3 oaktree business park, ga, gatherley road, richmond, DL10 7SQ

Bank

-

Legal Advisor

-

rapid residential 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 rapid residential ltd.

rapid residential 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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rapid residential ltd Companies House Filings - See Documents

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