Pomanda estimates the enterprise value of RAPID RELOCATE LIMITED at £29.1m based on a Turnover of £24.6m and 1.18x industry multiple (adjusted for size and gross margin).
rapid relocate limitedEstimated Valuation
£4.4m
Pomanda estimates the enterprise value of RAPID RELOCATE LIMITED at £4.4m based on an EBITDA of £508.9k and a 8.74x industry multiple (adjusted for size and gross margin).
rapid relocate limitedEstimated Valuation
£2.2m
Pomanda estimates the enterprise value of RAPID RELOCATE LIMITED at £2.2m based on Net Assets of £692.6k and 3.2x industry multiple (adjusted for liquidity).
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Rapid Relocate LimitedOverview
Rapid Relocate Limited is a live company located in worcestershire, WR9 8BY with a Companies House number of 08884830. It operates in the other reservation service activities n.e.c. sector, SIC Code 79909. Founded in February 2014, it's largest shareholder is
hotelshopuk ltd
with a 100% stake. Rapid Relocate Limited is a established,
large sized company, Pomanda has estimated its turnover at
£24.6m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Rapid Relocate Limited a 3.5 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 Rating3.5out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £24.6m, make it larger than the average company (£3.2m)
£24.6m - Rapid Relocate Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 79%, show it is growing at a faster rate (9.6%)
79% - Rapid Relocate Limited
9.6% - Industry AVG
Production
with a gross margin of 41.5%, this company has a comparable cost of product (41.5%)
41.5% - Rapid Relocate Limited
41.5% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (6.5%)
2% - Rapid Relocate Limited
6.5% - Industry AVG
Employees
with 33 employees, this is above the industry average (15)
33 - Rapid Relocate Limited
15 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
£41.3k - Rapid Relocate Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £746.1k, this is more efficient (£190.6k)
£746.1k - Rapid Relocate Limited
£190.6k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (32 days)
60 days - Rapid Relocate Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (41 days)
65 days - Rapid Relocate Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rapid Relocate Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 16 weeks, this is less cash available to meet short term requirements (27 weeks)
16 weeks - Rapid Relocate Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88%, this is a higher level of debt than the average (62.3%)
88% - Rapid Relocate Limited
62.3% - Industry AVG
RAPID RELOCATE LIMITED financials
EXPORT
Rapid Relocate Limited's latest turnover from December 2023 is estimated at £24.6 million and the company has net assets of £692.6 thousand. According to their latest financial statements, Rapid Relocate Limited has 33 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Feb 2016
Feb 2015
Turnover
24,622,380
10,254,482
7,545,307
4,317,240
4,115,984
2,839,676
4,664,465
1,557,076
649,566
136,738
Other Income Or Grants
Cost Of Sales
14,413,373
6,002,737
3,721,095
2,589,738
2,437,669
1,749,068
4,507,998
1,457,278
582,552
133,930
Gross Profit
10,209,006
4,251,745
3,824,212
1,727,502
1,678,315
1,090,608
156,467
99,798
67,014
2,808
Admin Expenses
9,705,964
4,038,002
3,936,563
1,707,423
1,599,389
1,011,394
79,700
69,156
37,915
2,114
Operating Profit
503,042
213,743
-112,351
20,079
78,926
79,214
76,767
30,642
29,099
694
Interest Payable
14,063
4,750
3,125
1,990
5,035
1,976
2
Interest Receivable
58,417
13,413
369
66
102
9
63
61
7
Pre-Tax Profit
547,397
222,406
-115,107
20,146
77,038
74,179
74,800
30,703
29,160
701
Tax
-136,849
-42,257
-3,828
-14,637
-14,094
-14,434
-6,141
-5,832
-140
Profit After Tax
410,548
180,149
-115,107
16,318
62,401
60,085
60,366
24,562
23,328
561
Dividends Paid
6,651
24,000
Retained Profit
410,548
180,149
-115,107
16,318
62,401
60,085
53,715
562
23,328
561
Employee Costs
1,363,721
961,673
902,895
69,615
69,194
63,528
65,709
26,964
171,190
47,284
Number Of Employees
33
25
25
2
2
2
2
1
7
2
EBITDA*
508,901
217,637
-108,543
22,036
79,055
79,225
76,767
30,642
29,099
694
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Feb 2016
Feb 2015
Tangible Assets
22,237
5,863
9,756
13,045
377
506
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
22,237
5,863
9,756
13,045
377
506
Stock & work in progress
Trade Debtors
4,075,574
2,674,182
2,507,560
1,044,580
869,492
783,451
496,240
388,339
159,760
71,137
Group Debtors
Misc Debtors
27,810
14,916
2,822
4,558
2,492
7,532
11,188
6,214
1,370
1
Cash
1,648,762
576,663
189,818
105,293
27,126
16,796
38,239
16,697
misc current assets
total current assets
5,752,146
3,265,761
2,700,200
1,154,431
899,110
790,983
507,428
411,349
199,369
87,835
total assets
5,774,383
3,271,624
2,709,956
1,167,476
899,487
791,489
507,428
411,349
199,369
87,835
Bank overdraft
58,949
90,246
Bank loan
14,003
Trade Creditors
2,588,427
1,031,356
1,463,939
521,337
361,632
317,568
233,560
348,647
134,703
82,119
Group/Directors Accounts
1,071,709
1,057,044
380,000
23,999
other short term finances
250,000
hp & lease commitments
other current liabilities
1,168,590
901,211
664,153
429,168
337,202
276,720
105,455
14,251
40,776
5,154
total current liabilities
5,078,726
2,989,611
2,522,095
950,505
698,834
653,237
429,261
386,897
175,479
87,273
loans
85,997
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
3,096
total long term liabilities
3,096
85,997
total liabilities
5,081,822
2,989,611
2,608,092
950,505
698,834
653,237
429,261
386,897
175,479
87,273
net assets
692,561
282,013
101,864
216,971
200,653
138,252
78,167
24,452
23,890
562
total shareholders funds
692,561
282,013
101,864
216,971
200,653
138,252
78,167
24,452
23,890
562
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Feb 2016
Feb 2015
Operating Activities
Operating Profit
503,042
213,743
-112,351
20,079
78,926
79,214
76,767
30,642
29,099
694
Depreciation
5,859
3,894
3,808
1,957
129
11
Amortisation
Tax
-136,849
-42,257
-3,828
-14,637
-14,094
-14,434
-6,141
-5,832
-140
Stock
Debtors
1,414,286
178,716
1,461,244
177,154
81,001
283,555
112,875
323,415
89,992
71,138
Creditors
1,557,071
-432,583
942,602
159,705
44,064
84,008
-115,087
266,528
52,584
82,119
Accruals and Deferred Income
267,379
237,058
234,985
91,966
60,482
171,265
91,204
9,097
35,622
5,154
Deferred Taxes & Provisions
3,096
Cash flow from operations
785,312
-198,861
-392,200
92,725
87,963
36,849
-74,425
-23,289
21,481
16,689
Investing Activities
capital expenditure
-22,233
-1
-519
-14,625
-517
Change in Investments
cash flow from investments
-22,233
-1
-519
-14,625
-517
Financing Activities
Bank loans
-14,003
14,003
Group/Directors Accounts
14,665
677,044
380,000
-23,999
23,999
Other Short Term Loans
250,000
Long term loans
-85,997
85,997
Hire Purchase and Lease Commitments
other long term liabilities
share issue
23,328
1
interest
44,354
8,663
-2,756
66
-1,888
-5,035
-1,967
61
61
7
cash flow from financing
309,019
585,707
477,244
66
-1,888
-5,035
-25,966
47,388
61
8
cash and cash equivalents
cash
1,072,099
386,845
84,525
78,167
27,126
-16,796
99
21,542
16,697
overdraft
-58,949
-31,297
90,246
change in cash
1,072,099
386,845
84,525
78,167
86,075
31,297
-107,042
99
21,542
16,697
rapid relocate limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for rapid relocate limited. Get real-time insights into rapid relocate limited's credit score, group structure and payment trends.
Perform a competitor analysis for rapid relocate limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in WR9 area or any other competitors across 12 key performance metrics.
rapid relocate limited Ownership
RAPID RELOCATE LIMITED group structure
Rapid Relocate Limited has no subsidiary companies.
brine well house tower hill, droitwich spa, worcestershire, WR9 8BY
Bank
-
Legal Advisor
-
rapid relocate 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 rapid relocate limited.
rapid relocate limited Capital Raised & Share Issues BETA
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rapid relocate limitedCompanies House Filings - See Documents
