romdrains services limited
romdrains services limited Company Information
Company Number
09091845
Website
-Registered Address
57a broadway, leigh on sea, essex, SS9 1PE
Industry
General cleaning of buildings
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
gabriel boboaca 46.2%
mihaela daniela boboaca 46.2%
View Allromdrains services limited Estimated Valuation
Pomanda estimates the enterprise value of ROMDRAINS SERVICES LIMITED at £121.9k based on a Turnover of £501k and 0.24x industry multiple (adjusted for size and gross margin).
romdrains services limited Estimated Valuation
Pomanda estimates the enterprise value of ROMDRAINS SERVICES LIMITED at £112.8k based on an EBITDA of £49.9k and a 2.26x industry multiple (adjusted for size and gross margin).
romdrains services limited Estimated Valuation
Pomanda estimates the enterprise value of ROMDRAINS SERVICES LIMITED at £815.9k based on Net Assets of £328.4k and 2.48x industry multiple (adjusted for liquidity).
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Romdrains Services Limited Overview
Romdrains Services Limited is a live company located in essex, SS9 1PE with a Companies House number of 09091845. It operates in the general cleaning of buildings sector, SIC Code 81210. Founded in June 2014, it's largest shareholder is gabriel boboaca with a 46.2% stake. Romdrains Services Limited is a established, small sized company, Pomanda has estimated its turnover at £501k with healthy growth in recent years.
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Romdrains Services Limited Health Check
Pomanda's financial health check has awarded Romdrains Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £501k, make it larger than the average company (£138.1k)
- Romdrains Services Limited
£138.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.4%)
- Romdrains Services Limited
6.4% - Industry AVG
Production
with a gross margin of 13.9%, this company has a higher cost of product (23%)
- Romdrains Services Limited
23% - Industry AVG
Profitability
an operating margin of 6% make it more profitable than the average company (3.4%)
- Romdrains Services Limited
3.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (10)
3 - Romdrains Services Limited
10 - Industry AVG
Pay Structure
on an average salary of £12.5k, the company has an equivalent pay structure (£12.5k)
- Romdrains Services Limited
£12.5k - Industry AVG
Efficiency
resulting in sales per employee of £167k, this is more efficient (£21k)
- Romdrains Services Limited
£21k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (44 days)
- Romdrains Services Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 89 days, this is slower than average (11 days)
- Romdrains Services Limited
11 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Romdrains Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 155 weeks, this is more cash available to meet short term requirements (20 weeks)
155 weeks - Romdrains Services Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.9%, this is a lower level of debt than the average (63.8%)
26.9% - Romdrains Services Limited
63.8% - Industry AVG
ROMDRAINS SERVICES LIMITED financials
Romdrains Services Limited's latest turnover from September 2023 is estimated at £501 thousand and the company has net assets of £328.4 thousand. According to their latest financial statements, Romdrains Services Limited has 3 employees and maintains cash reserves of £317.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 3 | 3 | 2 | 3 | 3 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 60,369 | 77,846 | 74,935 | 58,748 | 72,772 | 51,211 | 61,111 | 59,345 | 30,811 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 10,000 | 20,000 | 30,000 | 40,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 60,369 | 77,846 | 74,935 | 58,748 | 72,772 | 61,211 | 81,111 | 89,345 | 70,811 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 71,680 | 100,338 | 112,001 | 61,537 | 36,401 | 44,983 | 63,983 | 20,443 | 34,938 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 317,233 | 229,143 | 118,424 | 124,456 | 169,164 | 91,600 | 40,982 | 10,095 | 105,393 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 388,913 | 329,481 | 230,425 | 185,993 | 205,565 | 136,583 | 104,965 | 30,538 | 140,331 |
| total assets | 449,282 | 407,327 | 305,360 | 244,741 | 278,337 | 197,794 | 186,076 | 119,883 | 211,142 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 105,886 | 94,259 | 93,794 | 66,753 | 99,753 | 61,958 | 73,564 | 58,903 | 174,421 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 105,886 | 94,259 | 93,794 | 66,753 | 99,753 | 61,958 | 73,564 | 58,903 | 174,421 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 2,800 | 8,399 | 0 | 2,902 | 9,867 | 2,666 |
| provisions | 14,948 | 17,341 | 15,978 | 11,162 | 13,652 | 9,730 | 11,611 | 0 | 0 |
| total long term liabilities | 14,948 | 17,341 | 15,978 | 13,962 | 22,051 | 9,730 | 14,513 | 9,867 | 2,666 |
| total liabilities | 120,834 | 111,600 | 109,772 | 80,715 | 121,804 | 71,688 | 88,077 | 68,770 | 177,087 |
| net assets | 328,448 | 295,727 | 195,588 | 164,026 | 156,533 | 126,106 | 97,999 | 51,113 | 34,055 |
| total shareholders funds | 328,448 | 295,727 | 195,588 | 164,026 | 156,533 | 126,106 | 97,999 | 51,113 | 34,055 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 19,891 | 24,048 | 17,488 | 18,456 | 24,258 | 17,071 | 20,370 | 19,782 | 9,936 |
| Amortisation | 0 | 0 | 0 | 0 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -28,658 | -11,663 | 50,464 | 25,136 | -8,582 | -19,000 | 43,540 | -14,495 | 34,938 |
| Creditors | 11,627 | 465 | 27,041 | -33,000 | 37,795 | -11,606 | 14,661 | -115,518 | 174,421 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -2,393 | 1,363 | 4,816 | -2,490 | 3,922 | -1,881 | 11,611 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -2,800 | -5,599 | 8,399 | -2,902 | -6,965 | 7,201 | 2,666 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 88,090 | 110,719 | -6,032 | -44,708 | 77,564 | 50,618 | 30,887 | -95,298 | 105,393 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 88,090 | 110,719 | -6,032 | -44,708 | 77,564 | 50,618 | 30,887 | -95,298 | 105,393 |
romdrains services limited Credit Report and Business Information
Romdrains Services Limited Competitor Analysis
Perform a competitor analysis for romdrains services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SS9 area or any other competitors across 12 key performance metrics.
romdrains services limited Ownership
ROMDRAINS SERVICES LIMITED group structure
Romdrains Services Limited has no subsidiary companies.
Ultimate parent company
ROMDRAINS SERVICES LIMITED
09091845
romdrains services limited directors
Romdrains Services Limited currently has 3 directors. The longest serving directors include Mr Gabriel Boboaca (Jun 2014) and Mihaela Boboaca (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gabriel Boboaca | United Kingdom | 57 years | Jun 2014 | - | Director |
| Mihaela Boboaca | United Kingdom | 57 years | Apr 2015 | - | Director |
| Mr Daniel Knight | United Kingdom | 31 years | Oct 2018 | - | Director |
P&L
September 2023turnover
501k
-7%
operating profit
30k
0%
gross margin
13.9%
-11.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
328.4k
+0.11%
total assets
449.3k
+0.1%
cash
317.2k
+0.38%
net assets
Total assets minus all liabilities
romdrains services limited company details
company number
09091845
Type
Private limited with Share Capital
industry
81210 - General cleaning of buildings
incorporation date
June 2014
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
57a broadway, leigh on sea, essex, SS9 1PE
Bank
-
Legal Advisor
-
romdrains services 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 romdrains services limited.
romdrains services limited Companies House Filings - See Documents
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