rhino resource services ltd
rhino resource services ltd Company Information
Company Number
09033908
Next Accounts
Sep 2025
Shareholders
rhino resource services holdings limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
windsor house, troon way business centre, leicester, LE4 9HA
Website
-rhino resource services ltd Estimated Valuation
Pomanda estimates the enterprise value of RHINO RESOURCE SERVICES LTD at £609.2k based on a Turnover of £1.1m and 0.57x industry multiple (adjusted for size and gross margin).
rhino resource services ltd Estimated Valuation
Pomanda estimates the enterprise value of RHINO RESOURCE SERVICES LTD at £100k based on an EBITDA of £24.4k and a 4.1x industry multiple (adjusted for size and gross margin).
rhino resource services ltd Estimated Valuation
Pomanda estimates the enterprise value of RHINO RESOURCE SERVICES LTD at £640 based on Net Assets of £279 and 2.3x industry multiple (adjusted for liquidity).
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Rhino Resource Services Ltd Overview
Rhino Resource Services Ltd is a live company located in leicester, LE4 9HA with a Companies House number of 09033908. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2014, it's largest shareholder is rhino resource services holdings limited with a 100% stake. Rhino Resource Services Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.
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Rhino Resource Services Ltd Health Check
Pomanda's financial health check has awarded Rhino Resource Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£4.8m)
- Rhino Resource Services Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (6.7%)
- Rhino Resource Services Ltd
6.7% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
- Rhino Resource Services Ltd
38.2% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (5.7%)
- Rhino Resource Services Ltd
5.7% - Industry AVG
Employees
with 7 employees, this is below the industry average (27)
7 - Rhino Resource Services Ltd
27 - Industry AVG
Pay Structure
on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)
- Rhino Resource Services Ltd
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £152.6k, this is equally as efficient (£171.6k)
- Rhino Resource Services Ltd
£171.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rhino Resource Services Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (32 days)
- Rhino Resource Services Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rhino Resource Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Rhino Resource Services Ltd
22 weeks - 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 (62.6%)
100% - Rhino Resource Services Ltd
62.6% - Industry AVG
RHINO RESOURCE SERVICES LTD financials
Rhino Resource Services Ltd's latest turnover from December 2023 is estimated at £1.1 million and the company has net assets of £279. According to their latest financial statements, Rhino Resource Services Ltd has 7 employees and maintains cash reserves of £11 thousand 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 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 639,223 | 35,632 | 125,102 | 57,450 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 201,676 | 62,370 | 80,861 | 33,583 | ||||||
| Gross Profit | 437,547 | -26,738 | 44,241 | 23,867 | ||||||
| Admin Expenses | 31,706 | 7,379 | ||||||||
| Operating Profit | 12,535 | 16,488 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 0 | -38,292 | 12,535 | 16,488 | ||||||
| Tax | 180 | 7,449 | -2,847 | -3,297 | ||||||
| Profit After Tax | 180 | -30,843 | 9,688 | 13,191 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 180 | -30,843 | 9,688 | 13,191 | ||||||
| Employee Costs | 172,882 | 71,668 | 149,122 | 36,176 | ||||||
| Number Of Employees | 7 | 7 | 7 | 8 | 8 | 8 | 9 | 5 | 6 | |
| EBITDA* | 12,535 | 16,488 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 34,065 | 47,997 | 5,028 | 10,641 | 17,288 | 12,938 | 6,481 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 370 | 370 | 370 | 370 | 400 | 400 | 400 | 400 | 400 | 400 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 34,435 | 48,367 | 5,398 | 11,011 | 17,688 | 13,338 | 6,881 | 400 | 400 | 400 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 10,423 | 10,423 | 11,335 | 9,600 | 1,319 | 0 | 7,660 |
| Group Debtors | 1,672,260 | 1,523,682 | 550 | 250 | 250 | 250 | 109,372 | 92,838 | 87,750 | 0 |
| Misc Debtors | 16,821 | 50,441 | 1,270,387 | 1,365,070 | 1,213,116 | 759,196 | 378,671 | 1,683 | 1,052 | 20,155 |
| Cash | 10,980 | 3,163 | 1,009 | 4,600 | 690 | 22,921 | 4,487 | 962 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,700,061 | 1,577,286 | 1,271,946 | 1,380,343 | 1,224,479 | 793,702 | 502,130 | 96,802 | 88,802 | 27,815 |
| total assets | 1,734,496 | 1,625,653 | 1,277,344 | 1,391,354 | 1,242,167 | 807,040 | 509,011 | 97,202 | 89,202 | 28,215 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 216 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 132,086 | 109,611 | 96,110 | 64,326 | 34,020 | 57,023 | 16,559 | 6 | 72 | 0 |
| Group/Directors Accounts | 1,548,132 | 1,446,057 | 1,103,704 | 1,237,248 | 1,050,281 | 640,317 | 477,264 | 94,743 | 55,921 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 50,799 | 72,086 | 79,824 | 90,267 | 155,949 | 114,787 | 20,870 | 9,417 | 9,114 | 14,024 |
| total current liabilities | 1,731,017 | 1,627,754 | 1,279,638 | 1,391,841 | 1,240,250 | 812,127 | 514,693 | 104,166 | 65,323 | 14,024 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 3,200 | 3,200 | 3,200 | 2,000 | 3,200 | 1,400 | 1,102 | 0 | 0 | 0 |
| total long term liabilities | 3,200 | 3,200 | 3,200 | 2,000 | 3,200 | 1,400 | 1,102 | 0 | 0 | 0 |
| total liabilities | 1,734,217 | 1,630,954 | 1,282,838 | 1,393,841 | 1,243,450 | 813,527 | 515,795 | 104,166 | 65,323 | 14,024 |
| net assets | 279 | -5,301 | -5,494 | -2,487 | -1,283 | -6,487 | -6,784 | -6,964 | 23,879 | 14,191 |
| total shareholders funds | 279 | -5,301 | -5,494 | -2,487 | -1,283 | -6,487 | -6,784 | -6,964 | 23,879 | 14,191 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 12,535 | 16,488 | ||||||||
| Depreciation | 17,306 | 12,888 | 6,281 | 6,647 | 5,239 | 2,701 | 1,003 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 180 | 7,449 | -2,847 | -3,297 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 114,958 | 303,186 | -104,806 | 151,954 | 453,008 | 273,138 | 401,803 | 7,038 | 60,987 | 27,815 |
| Creditors | 22,475 | 13,501 | 31,784 | 30,306 | -23,003 | 40,464 | 16,553 | -66 | 72 | 0 |
| Accruals and Deferred Income | -21,287 | -7,738 | -10,443 | -65,682 | 41,162 | 93,917 | 11,453 | 303 | -4,910 | 14,024 |
| Deferred Taxes & Provisions | 0 | 0 | 1,200 | -1,200 | 1,800 | 298 | 1,102 | 0 | 0 | 0 |
| Cash flow from operations | -56,137 | -600 | ||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | -30 | 0 | 0 | 0 | 0 | 0 | 400 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 102,075 | 342,353 | -133,544 | 186,967 | 409,964 | 163,053 | 382,521 | 38,822 | 55,921 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | ||||||
| cash flow from financing | 382,521 | 38,822 | 55,921 | 1,000 | ||||||
| cash and cash equivalents | ||||||||||
| cash | 7,817 | 2,154 | -3,591 | 3,910 | -22,231 | 18,434 | 3,525 | 962 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -216 | 216 | 0 |
| change in cash | 7,817 | 2,154 | -3,591 | 3,910 | -22,231 | 18,434 | 3,525 | 1,178 | -216 | 0 |
rhino resource services ltd Credit Report and Business Information
Rhino Resource Services Ltd Competitor Analysis
Perform a competitor analysis for rhino resource services ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in LE4 area or any other competitors across 12 key performance metrics.
rhino resource services ltd Ownership
RHINO RESOURCE SERVICES LTD group structure
Rhino Resource Services Ltd has 2 subsidiary companies.
Ultimate parent company
1 parent
RHINO RESOURCE SERVICES LTD
09033908
2 subsidiaries
rhino resource services ltd directors
Rhino Resource Services Ltd currently has 2 directors. The longest serving directors include Mr Alfred Gordon (May 2015) and Mr Stephen Greenwell (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alfred Gordon | England | 65 years | May 2015 | - | Director |
| Mr Stephen Greenwell | 66 years | May 2015 | - | Director |
P&L
December 2023turnover
1.1m
+13%
operating profit
7.1k
0%
gross margin
38.2%
-0.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
279
-1.05%
total assets
1.7m
+0.07%
cash
11k
+2.47%
net assets
Total assets minus all liabilities
rhino resource services ltd company details
company number
09033908
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
vantage resource services limited (April 2020)
qdos resource services limited (August 2018)
accountant
QACCOUNTING LTD
auditor
-
address
windsor house, troon way business centre, leicester, LE4 9HA
Bank
-
Legal Advisor
-
rhino resource services 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 rhino resource services ltd.
rhino resource services 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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rhino resource services ltd Companies House Filings - See Documents
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