Pomanda estimates the enterprise value of ROCKETWORKS LTD at £32k based on a Turnover of £68k and 0.47x industry multiple (adjusted for size and gross margin).
rocketworks ltdEstimated Valuation
£24k
Pomanda estimates the enterprise value of ROCKETWORKS LTD at £24k based on an EBITDA of £7.5k and a 3.2x industry multiple (adjusted for size and gross margin).
rocketworks ltdEstimated Valuation
£11
Pomanda estimates the enterprise value of ROCKETWORKS LTD at £11 based on Net Assets of £5 and 2.26x industry multiple (adjusted for liquidity).
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Rocketworks LtdOverview
Rocketworks Ltd is a live company located in manchester, M1 2JQ with a Companies House number of 08911995. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2014, it's largest shareholder is
kieran gill
with a 100% stake. Rocketworks Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£68k with
low
growth in recent years.
Pomanda's financial health check has awarded Rocketworks Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £68k, make it smaller than the average company (£1.3m)
£68k - Rocketworks Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (9%)
3% - Rocketworks Ltd
9% - Industry AVG
Production
with a gross margin of 24.6%, this company has a higher cost of product (45.5%)
24.6% - Rocketworks Ltd
45.5% - Industry AVG
Profitability
an operating margin of 11% make it more profitable than the average company (6.2%)
11% - Rocketworks Ltd
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
1 - Rocketworks Ltd
11 - Industry AVG
Pay Structure
on an average salary of £59k, the company has an equivalent pay structure (£59k)
£59k - Rocketworks Ltd
£59k - Industry AVG
Efficiency
resulting in sales per employee of £68k, this is less efficient (£129.2k)
£68k - Rocketworks Ltd
£129.2k - Industry AVG
Debtor Days
it gets paid by customers after 116 days, this is later than average (61 days)
116 days - Rocketworks Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 159 days, this is slower than average (28 days)
159 days - Rocketworks Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rocketworks Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rocketworks Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (55.6%)
100% - Rocketworks Ltd
55.6% - Industry AVG
ROCKETWORKS LTD financials
EXPORT
Rocketworks Ltd's latest turnover from February 2024 is estimated at £68 thousand and the company has net assets of £5. According to their latest financial statements, Rocketworks Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Turnover
68,023
53,753
62,104
61,575
46,742
177,644
252,876
209,887
168,762
293,309
Other Income Or Grants
Cost Of Sales
51,304
39,410
44,881
44,357
32,984
126,109
176,570
144,451
113,843
197,915
Gross Profit
16,719
14,343
17,223
17,218
13,758
51,536
76,306
65,436
54,919
95,394
Admin Expenses
9,212
17,407
19,785
35,228
87,840
119,954
262,444
-281,345
72,609
-12,808
Operating Profit
7,507
-3,064
-2,562
-18,010
-74,082
-68,418
-186,138
346,781
-17,690
108,202
Interest Payable
Interest Receivable
6
939
479
70
46
Pre-Tax Profit
7,507
-3,064
-2,562
-18,010
-74,082
-68,412
-185,199
347,260
-17,620
108,248
Tax
-1,877
-69,452
-22,732
Profit After Tax
5,630
-3,064
-2,562
-18,010
-74,082
-68,412
-185,199
277,808
-17,620
85,516
Dividends Paid
Retained Profit
5,630
-3,064
-2,562
-18,010
-74,082
-68,412
-185,199
277,808
-17,620
85,516
Employee Costs
58,982
56,316
52,268
47,647
48,189
54,275
51,290
56,560
58,257
116,800
Number Of Employees
1
1
1
1
1
1
1
1
1
2
EBITDA*
7,507
-3,064
-2,562
-18,010
-74,082
-68,418
-158,927
374,730
8,479
109,124
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Tangible Assets
1,742
2,178
2,722
3,403
4,254
5,318
31,642
58,853
78,506
2,767
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,742
2,178
2,722
3,403
4,254
5,318
31,642
58,853
78,506
2,767
Stock & work in progress
1,446
Trade Debtors
21,672
14,278
19,263
22,164
17,186
88,012
175,657
78,300
50,457
85,885
Group Debtors
Misc Debtors
Cash
1,633
373,778
9,709
18,472
misc current assets
930
total current assets
21,672
14,278
19,263
22,164
17,186
88,012
178,220
452,078
60,166
105,803
total assets
23,414
16,456
21,985
25,567
21,440
93,330
209,862
510,931
138,672
108,570
Bank overdraft
Bank loan
Trade Creditors
22,485
21,199
23,787
24,629
2,192
5,625
118,247
18,170
23,053
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
22,485
21,199
23,787
24,629
2,192
5,625
118,247
18,170
23,053
loans
hp & lease commitments
Accruals and Deferred Income
924
882
759
937
1,237
1,237
2,377
other liabilities
41,354
46,979
52,605
provisions
total long term liabilities
924
882
759
937
1,237
1,237
43,731
46,979
52,605
total liabilities
23,409
22,081
24,546
25,566
3,429
1,237
49,356
165,226
70,775
23,053
net assets
5
-5,625
-2,561
1
18,011
92,093
160,506
345,705
67,897
85,517
total shareholders funds
5
-5,625
-2,561
1
18,011
92,093
160,506
345,705
67,897
85,517
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Operating Activities
Operating Profit
7,507
-3,064
-2,562
-18,010
-74,082
-68,418
-186,138
346,781
-17,690
108,202
Depreciation
27,211
27,949
26,169
922
Amortisation
Tax
-1,877
-69,452
-22,732
Stock
-1,446
1,446
Debtors
7,394
-4,985
-2,901
4,978
-70,826
-87,645
97,357
27,843
-35,428
85,885
Creditors
1,286
-2,588
-842
22,437
2,192
-5,625
-112,622
100,077
-4,883
23,053
Accruals and Deferred Income
42
123
-178
-300
-1,140
2,377
Deferred Taxes & Provisions
Cash flow from operations
-436
-544
-681
-851
-1,064
12,462
-366,529
377,512
40,470
22,114
Investing Activities
capital expenditure
436
544
681
851
1,064
26,324
-8,296
-101,908
-3,689
Change in Investments
cash flow from investments
436
544
681
851
1,064
26,324
-8,296
-101,908
-3,689
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-41,354
-5,625
-5,626
52,605
share issue
-1
1
interest
6
939
479
70
46
cash flow from financing
-41,349
-4,686
-5,147
52,675
47
cash and cash equivalents
cash
-1,633
-372,145
364,069
-8,763
18,472
overdraft
change in cash
-1,633
-372,145
364,069
-8,763
18,472
rocketworks ltd 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 rocketworks ltd. Get real-time insights into rocketworks ltd's credit score, group structure and payment trends.
Perform a competitor analysis for rocketworks ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in M 1 area or any other competitors across 12 key performance metrics.
rocketworks ltd Ownership
ROCKETWORKS LTD group structure
Rocketworks Ltd has no subsidiary companies.
Ultimate parent company
ROCKETWORKS LTD
08911995
ROCKETWORKS LTD Shareholders
The sole shareholder of Rocketworks Ltd is Kieran Gill.
kieran gill
100%
rocketworks ltd directors
Rocketworks Ltd currently has 1 director, Mr Kieran Gill serving since Feb 2014.
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 rocketworks ltd.
rocketworks ltd Capital Raised & Share Issues BETA
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rocketworks ltdCompanies House Filings - See Documents
