rtech associates ltd
rtech associates ltd Company Information
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
2 sandringham road, didcot, OX11 8TP
Website
-rtech associates ltd Estimated Valuation
Pomanda estimates the enterprise value of RTECH ASSOCIATES LTD at £38.8k based on a Turnover of £75.6k and 0.51x industry multiple (adjusted for size and gross margin).
rtech associates ltd Estimated Valuation
Pomanda estimates the enterprise value of RTECH ASSOCIATES LTD at £22.9k based on an EBITDA of £6.3k and a 3.62x industry multiple (adjusted for size and gross margin).
rtech associates ltd Estimated Valuation
Pomanda estimates the enterprise value of RTECH ASSOCIATES LTD at £0 based on Net Assets of £-34.9k and 2.29x industry multiple (adjusted for liquidity).
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Rtech Associates Ltd Overview
Rtech Associates Ltd is a live company located in didcot, OX11 8TP with a Companies House number of 09106207. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2014, it's largest shareholder is iuga ana laura with a 100% stake. Rtech Associates Ltd is a established, micro sized company, Pomanda has estimated its turnover at £75.6k with declining growth in recent years.
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Rtech Associates Ltd Health Check
Pomanda's financial health check has awarded Rtech Associates 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
1 Strong
2 Regular
7 Weak
Size
annual sales of £75.6k, make it smaller than the average company (£859.5k)
- Rtech Associates Ltd
£859.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (4%)
- Rtech Associates Ltd
4% - Industry AVG
Production
with a gross margin of 26.3%, this company has a higher cost of product (45.2%)
- Rtech Associates Ltd
45.2% - Industry AVG
Profitability
an operating margin of 8.4% make it as profitable than the average company (7.7%)
- Rtech Associates Ltd
7.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Rtech Associates Ltd
10 - Industry AVG
Pay Structure
on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)
- Rtech Associates Ltd
£51.5k - Industry AVG
Efficiency
resulting in sales per employee of £37.8k, this is less efficient (£119.1k)
- Rtech Associates Ltd
£119.1k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (67 days)
- Rtech Associates Ltd
67 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (31 days)
- Rtech Associates Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rtech Associates Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rtech Associates Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 290.3%, this is a higher level of debt than the average (56.8%)
290.3% - Rtech Associates Ltd
56.8% - Industry AVG
RTECH ASSOCIATES LTD financials
Rtech Associates Ltd's latest turnover from March 2022 is estimated at £75.6 thousand and the company has net assets of -£34.9 thousand. According to their latest financial statements, Rtech Associates Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 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 | 2 | 2 | 2 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | ||||||||
| Stock & work in progress | ||||||||
| Trade Debtors | 18,322 | 25,312 | 29,732 | 56,329 | 50,022 | 30,612 | 65,861 | 13,200 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | 6,625 | |||||||
| misc current assets | ||||||||
| total current assets | 18,322 | 25,312 | 29,732 | 56,329 | 50,022 | 30,612 | 65,861 | 19,825 |
| total assets | 18,322 | 25,312 | 29,732 | 56,329 | 50,022 | 30,612 | 65,861 | 19,825 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 9,974 | 15,311 | 18,149 | 40,924 | 29,875 | 18,020 | 29,422 | 10,351 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 9,974 | 15,311 | 18,149 | 40,924 | 29,875 | 18,020 | 29,422 | 10,351 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 43,211 | 50,000 | ||||||
| provisions | ||||||||
| total long term liabilities | 43,211 | 50,000 | ||||||
| total liabilities | 53,185 | 65,311 | 18,149 | 40,924 | 29,875 | 18,020 | 29,422 | 10,351 |
| net assets | -34,863 | -39,999 | 11,583 | 15,405 | 20,147 | 12,592 | 36,439 | 9,474 |
| total shareholders funds | -34,863 | -39,999 | 11,583 | 15,405 | 20,147 | 12,592 | 36,439 | 9,474 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -6,990 | -4,420 | -26,597 | 6,307 | 19,410 | -35,249 | 52,661 | 13,200 |
| Creditors | -5,337 | -2,838 | -22,775 | 11,049 | 11,855 | -11,402 | 19,071 | 10,351 |
| Accruals and Deferred Income | ||||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -6,789 | 50,000 | ||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -6,625 | 6,625 | ||||||
| overdraft | ||||||||
| change in cash | -6,625 | 6,625 |
rtech associates ltd Credit Report and Business Information
Rtech Associates Ltd Competitor Analysis
Perform a competitor analysis for rtech associates ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in OX11 area or any other competitors across 12 key performance metrics.
rtech associates ltd Ownership
RTECH ASSOCIATES LTD group structure
Rtech Associates Ltd has no subsidiary companies.
Ultimate parent company
RTECH ASSOCIATES LTD
09106207
rtech associates ltd directors
Rtech Associates Ltd currently has 1 director, Ms Ana Iuga serving since Aug 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Ana Iuga | England | 68 years | Aug 2022 | - | Director |
P&L
March 2022turnover
75.6k
-10%
operating profit
6.3k
0%
gross margin
26.4%
+1.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
-34.9k
-0.13%
total assets
18.3k
-0.28%
cash
0
0%
net assets
Total assets minus all liabilities
rtech associates ltd company details
company number
09106207
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
June 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2022
previous names
N/A
accountant
-
auditor
-
address
2 sandringham road, didcot, OX11 8TP
Bank
-
Legal Advisor
-
rtech associates 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 rtech associates ltd.
rtech associates 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.
Click to start generating capital raising & share issue transactions for RTECH ASSOCIATES LTD. This can take several minutes, an email will notify you when this has completed.
rtech associates ltd Companies House Filings - See Documents
| date | description | view/download |
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