raftech services limited
raftech services limited Company Information
Group Structure
View All
Industry
Licensed restaurants
Registered Address
zala levantine grill, 39 middle yard, london, NW1 8AF
Website
zalagrill.comraftech services limited Estimated Valuation
Pomanda estimates the enterprise value of RAFTECH SERVICES LIMITED at £2.8m based on a Turnover of £3.8m and 0.73x industry multiple (adjusted for size and gross margin).
raftech services limited Estimated Valuation
Pomanda estimates the enterprise value of RAFTECH SERVICES LIMITED at £0 based on an EBITDA of £-27.8k and a 4.68x industry multiple (adjusted for size and gross margin).
raftech services limited Estimated Valuation
Pomanda estimates the enterprise value of RAFTECH SERVICES LIMITED at £1.4m based on Net Assets of £550.1k and 2.5x industry multiple (adjusted for liquidity).
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Raftech Services Limited Overview
Raftech Services Limited is a live company located in london, NW1 8AF with a Companies House number of 09296891. It operates in the licenced restaurants sector, SIC Code 56101. Founded in November 2014, it's largest shareholder is alon shamir with a 100% stake. Raftech Services Limited is a established, small sized company, Pomanda has estimated its turnover at £3.8m with high growth in recent years.
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Raftech Services Limited Health Check
Pomanda's financial health check has awarded Raftech Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £3.8m, make it in line with the average company (£3.5m)
- Raftech Services Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (12.8%)
- Raftech Services Limited
12.8% - Industry AVG
Production
with a gross margin of 58.5%, this company has a comparable cost of product (58.5%)
- Raftech Services Limited
58.5% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (2.5%)
- Raftech Services Limited
2.5% - Industry AVG
Employees
with 12 employees, this is below the industry average (61)
12 - Raftech Services Limited
61 - Industry AVG
Pay Structure
on an average salary of £20.4k, the company has an equivalent pay structure (£20.4k)
- Raftech Services Limited
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £317.1k, this is more efficient (£57k)
- Raftech Services Limited
£57k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is later than average (5 days)
- Raftech Services Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (47 days)
- Raftech Services Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Raftech Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (12 weeks)
7 weeks - Raftech Services Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21%, this is a lower level of debt than the average (83.2%)
21% - Raftech Services Limited
83.2% - Industry AVG
RAFTECH SERVICES LIMITED financials
Raftech Services Limited's latest turnover from December 2023 is estimated at £3.8 million and the company has net assets of £550.1 thousand. According to their latest financial statements, Raftech Services Limited has 12 employees and maintains cash reserves of £19.3 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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 12 | 11 | 9 | 9 | 14 | 10 | 6 | 6 | |
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,074 | 34,072 | 41,259 | 45,947 | 55,148 | 63,063 | 68,914 | 9,396 | 6,000 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 30,074 | 34,072 | 41,259 | 45,947 | 55,148 | 63,063 | 68,914 | 9,396 | 6,000 |
| Stock & work in progress | |||||||||
| Trade Debtors | 201,176 | 199,340 | 140,108 | 79,818 | 81,360 | 32,040 | 25,699 | 9,838 | |
| Group Debtors | |||||||||
| Misc Debtors | 445,611 | 551,996 | 500,649 | 491,521 | 395,446 | 285,273 | 171,111 | 14,633 | 46,149 |
| Cash | 19,275 | 11,211 | 5,467 | 9,362 | 28,245 | 17,911 | 46,646 | 725,149 | 85,407 |
| misc current assets | |||||||||
| total current assets | 666,062 | 762,547 | 646,224 | 580,701 | 505,051 | 335,224 | 243,456 | 749,620 | 131,556 |
| total assets | 696,136 | 796,619 | 687,483 | 626,648 | 560,199 | 398,287 | 312,370 | 759,016 | 137,556 |
| Bank overdraft | 10,648 | 10,648 | 5,833 | 677 | 1,129 | ||||
| Bank loan | |||||||||
| Trade Creditors | 58,866 | 36,102 | 39,900 | 45,295 | 58,250 | 81,694 | 77,160 | ||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 62,258 | 132,341 | 109,409 | 67,076 | 126,581 | 34,007 | 26,185 | 18,030 | 94,631 |
| total current liabilities | 131,772 | 179,091 | 149,309 | 118,204 | 184,831 | 116,378 | 104,474 | 18,030 | 94,631 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 14,303 | 28,704 | 44,167 | ||||||
| provisions | |||||||||
| total long term liabilities | 14,303 | 28,704 | 44,167 | ||||||
| total liabilities | 146,075 | 207,795 | 149,309 | 162,371 | 184,831 | 116,378 | 104,474 | 18,030 | 94,631 |
| net assets | 550,061 | 588,824 | 538,174 | 464,277 | 375,368 | 281,909 | 207,896 | 740,986 | 42,925 |
| total shareholders funds | 550,061 | 588,824 | 538,174 | 464,277 | 375,368 | 281,909 | 207,896 | 740,986 | 42,925 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 10,548 | 11,689 | 14,117 | 15,025 | 18,384 | 21,020 | 3,132 | 2,000 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -104,549 | 110,579 | 69,418 | 94,533 | 159,493 | 120,503 | 172,339 | -21,678 | 46,149 |
| Creditors | 22,764 | -3,798 | -5,395 | -12,955 | -23,444 | 4,534 | 77,160 | ||
| Accruals and Deferred Income | -70,083 | 22,932 | 42,333 | -59,505 | 92,574 | 7,822 | 8,155 | -76,601 | 94,631 |
| 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 | -14,401 | 28,704 | -44,167 | 44,167 | |||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 8,064 | 5,744 | -3,895 | -18,883 | 10,334 | -28,735 | -678,503 | 639,742 | 85,407 |
| overdraft | 10,648 | -5,833 | 5,833 | -677 | -452 | 1,129 | |||
| change in cash | 8,064 | -4,904 | 1,938 | -24,716 | 11,011 | -28,283 | -679,632 | 639,742 | 85,407 |
raftech services limited Credit Report and Business Information
Raftech Services Limited Competitor Analysis
Perform a competitor analysis for raftech services limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in NW1 area or any other competitors across 12 key performance metrics.
raftech services limited Ownership
RAFTECH SERVICES LIMITED group structure
Raftech Services Limited has no subsidiary companies.
Ultimate parent company
RAFTECH SERVICES LIMITED
09296891
raftech services limited directors
Raftech Services Limited currently has 2 directors. The longest serving directors include Mr Alon Shamir (Nov 2014) and Mrs Lilach Shamir (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alon Shamir | England | 54 years | Nov 2014 | - | Director |
| Mrs Lilach Shamir | England | 53 years | Apr 2019 | - | Director |
P&L
December 2023turnover
3.8m
+10%
operating profit
-38.4k
0%
gross margin
58.5%
+3.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
550.1k
-0.07%
total assets
696.1k
-0.13%
cash
19.3k
+0.72%
net assets
Total assets minus all liabilities
Similar Companies
raftech services limited company details
company number
09296891
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
REDFORD & CO LIMITED
auditor
-
address
zala levantine grill, 39 middle yard, london, NW1 8AF
Bank
-
Legal Advisor
-
raftech 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 raftech services limited.
raftech services limited Capital Raised & Share Issues BETA
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raftech services limited Companies House Filings - See Documents
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