rak business services limited

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rak business services limited Company Information

Share RAK BUSINESS SERVICES LIMITED

Company Number

09243931

Shareholders

robert andrew knuckey

caroline anne knuckey

Group Structure

View All

Industry

Management consultancy activities (other than financial management)

 

Registered Address

heazille farm cottage, rewe court, exeter, EX5 4HQ

Website

-

rak business services limited Estimated Valuation

£22.1k

Pomanda estimates the enterprise value of RAK BUSINESS SERVICES LIMITED at £22.1k based on a Turnover of £64k and 0.35x industry multiple (adjusted for size and gross margin).

rak business services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RAK BUSINESS SERVICES LIMITED at £0 based on an EBITDA of £-429 and a 2.97x industry multiple (adjusted for size and gross margin).

rak business services limited Estimated Valuation

£45.4k

Pomanda estimates the enterprise value of RAK BUSINESS SERVICES LIMITED at £45.4k based on Net Assets of £17.4k and 2.61x industry multiple (adjusted for liquidity).

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Rak Business Services Limited Overview

Rak Business Services Limited is a live company located in exeter, EX5 4HQ with a Companies House number of 09243931. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in October 2014, it's largest shareholder is robert andrew knuckey with a 51% stake. Rak Business Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £64k with declining growth in recent years.

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Rak Business Services Limited Health Check

Pomanda's financial health check has awarded Rak Business Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £64k, make it smaller than the average company (£425.8k)

£64k - Rak Business Services Limited

£425.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (10.6%)

-14% - Rak Business Services Limited

10.6% - Industry AVG

production

Production

with a gross margin of 25.4%, this company has a higher cost of product (58.4%)

25.4% - Rak Business Services Limited

58.4% - Industry AVG

profitability

Profitability

an operating margin of -0.7% make it less profitable than the average company (8.4%)

-0.7% - Rak Business Services Limited

8.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Rak Business Services Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)

£49.1k - Rak Business Services Limited

£49.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £32k, this is less efficient (£116.3k)

£32k - Rak Business Services Limited

£116.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 102 days, this is later than average (63 days)

102 days - Rak Business Services Limited

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (25 days)

5 days - Rak Business Services Limited

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rak Business Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rak Business Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3.7%, this is a lower level of debt than the average (52.7%)

3.7% - Rak Business Services Limited

52.7% - Industry AVG

RAK BUSINESS SERVICES LIMITED financials

EXPORTms excel logo

Rak Business Services Limited's latest turnover from March 2024 is estimated at £64 thousand and the company has net assets of £17.4 thousand. According to their latest financial statements, Rak Business Services Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Turnover64,01459,56582,61799,050148,500188,689110,62371,148110,897
Other Income Or Grants
Cost Of Sales47,77643,98161,61473,350110,116136,59378,13748,89578,775
Gross Profit16,23815,58321,00325,70038,38552,09532,48722,25332,122
Admin Expenses16,66716,18628,42061,23835,0187,74922,75616,31619,576
Operating Profit-429-603-7,417-35,5383,36744,3469,7315,93712,546
Interest Payable
Interest Receivable152330
Pre-Tax Profit-429-603-7,417-35,5383,36744,3469,7465,96012,576
Tax-640-8,426-1,852-1,192-2,515
Profit After Tax-429-603-7,417-35,5382,72735,9207,8944,76810,061
Dividends Paid
Retained Profit-429-603-7,417-35,5382,72735,9207,8944,76810,061
Employee Costs98,19245,86090,23083,59682,97749,97446,17147,88349,149
Number Of Employees212221111
EBITDA*-429-603-7,417-35,5383,36744,3469,7315,93712,546

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors18,04129,02335,99647,57278,34091,41551,72728,14634,962
Group Debtors
Misc Debtors
Cash6,07311,979
misc current assets
total current assets18,04129,02335,99647,57278,34091,41551,72734,21946,941
total assets18,04129,02335,99647,57278,34091,41551,72734,21946,941
Bank overdraft
Bank loan
Trade Creditors 65811,21117,58121,74016,97032,77229,00419,29036,880
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities65811,21117,58121,74016,97032,77229,00419,29036,880
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities65811,21117,58121,74016,97032,77229,00419,29036,880
net assets17,38317,81218,41525,83261,37058,64322,72314,92910,061
total shareholders funds17,38317,81218,41525,83261,37058,64322,72314,92910,061
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit-429-603-7,417-35,5383,36744,3469,7315,93712,546
Depreciation
Amortisation
Tax-640-8,426-1,852-1,192-2,515
Stock
Debtors-10,982-6,973-11,576-30,768-13,07539,68823,581-6,81634,962
Creditors-10,553-6,370-4,1594,770-15,8023,7689,714-17,59036,880
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-5,988-6,02911,949
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
share issue-100100
interest152330
cash flow from financing-8512330
cash and cash equivalents
cash-6,073-5,90611,979
overdraft
change in cash-6,073-5,90611,979

rak business services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Rak Business Services Limited Competitor Analysis

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Perform a competitor analysis for rak business services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EX5 area or any other competitors across 12 key performance metrics.

rak business services limited Ownership

RAK BUSINESS SERVICES LIMITED group structure

Rak Business Services Limited has no subsidiary companies.

Ultimate parent company

RAK BUSINESS SERVICES LIMITED

09243931

RAK BUSINESS SERVICES LIMITED Shareholders

robert andrew knuckey 51%
caroline anne knuckey 49%

rak business services limited directors

Rak Business Services Limited currently has 1 director, Mr Robert Knuckey serving since Oct 2014.

officercountryagestartendrole
Mr Robert Knuckey64 years Oct 2014- Director

P&L

March 2024

turnover

64k

+7%

operating profit

-429

0%

gross margin

25.4%

-3.04%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

17.4k

-0.02%

total assets

18k

-0.38%

cash

0

0%

net assets

Total assets minus all liabilities

rak business services limited company details

company number

09243931

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

October 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

heazille farm cottage, rewe court, exeter, EX5 4HQ

Bank

-

Legal Advisor

-

rak business 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 rak business services limited.

rak business services limited 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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rak business services limited Companies House Filings - See Documents

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