racz consultancy ltd
racz consultancy ltd Company Information
Company Number
09387857
Website
-Registered Address
unit 10 evolution, wynyard business park, wynyard, TS22 5TB
Industry
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
racz consultancy ltd Estimated Valuation
Pomanda estimates the enterprise value of RACZ CONSULTANCY LTD at £2.7m based on a Turnover of £5.5m and 0.49x industry multiple (adjusted for size and gross margin).
racz consultancy ltd Estimated Valuation
Pomanda estimates the enterprise value of RACZ CONSULTANCY LTD at £1.9m based on an EBITDA of £528k and a 3.64x industry multiple (adjusted for size and gross margin).
racz consultancy ltd Estimated Valuation
Pomanda estimates the enterprise value of RACZ CONSULTANCY LTD at £757.7k based on Net Assets of £867.9k and 0.87x industry multiple (adjusted for liquidity).
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Racz Consultancy Ltd Overview
Racz Consultancy Ltd is a live company located in wynyard, TS22 5TB with a Companies House number of 09387857. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in January 2015, it's largest shareholder is mike racz with a 100% stake. Racz Consultancy Ltd is a young, mid sized company, Pomanda has estimated its turnover at £5.5m with rapid growth in recent years.
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Racz Consultancy Ltd Health Check
Pomanda's financial health check has awarded Racz Consultancy Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £5.5m, make it larger than the average company (£584.3k)
- Racz Consultancy Ltd
£584.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (4.4%)
- Racz Consultancy Ltd
4.4% - Industry AVG
Production
with a gross margin of 24.5%, this company has a higher cost of product (53%)
- Racz Consultancy Ltd
53% - Industry AVG
Profitability
an operating margin of 9.5% make it as profitable than the average company (8.2%)
- Racz Consultancy Ltd
8.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (5)
3 - Racz Consultancy Ltd
5 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
- Racz Consultancy Ltd
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.8m, this is more efficient (£119.6k)
- Racz Consultancy Ltd
£119.6k - Industry AVG
Debtor Days
it gets paid by customers after 216 days, this is later than average (73 days)
- Racz Consultancy Ltd
73 days - Industry AVG
Creditor Days
its suppliers are paid after 215 days, this is slower than average (28 days)
- Racz Consultancy Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Racz Consultancy Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Racz Consultancy Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74%, this is a higher level of debt than the average (57.3%)
74% - Racz Consultancy Ltd
57.3% - Industry AVG
RACZ CONSULTANCY LTD financials
Racz Consultancy Ltd's latest turnover from December 2022 is estimated at £5.5 million and the company has net assets of £867.9 thousand. According to their latest financial statements, Racz Consultancy Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 6 | 5 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 43,933 | 45,464 | 57,686 | 396,920 | 101,893 | 668 | 1,317 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 43,933 | 45,464 | 57,686 | 396,920 | 101,893 | 668 | 1,317 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,296,429 | 2,581,439 | 1,933,265 | 1,268,974 | 951,955 | 785,591 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 664,384 | 269,262 |
| Cash | 0 | 0 | 0 | 0 | 4,944 | 51 | 30 | 13,364 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,296,429 | 2,581,439 | 1,933,265 | 1,268,974 | 956,899 | 785,642 | 664,414 | 282,626 |
| total assets | 3,340,362 | 2,626,903 | 1,990,951 | 1,665,894 | 1,058,792 | 786,310 | 665,731 | 282,626 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,472,455 | 2,186,714 | 1,651,475 | 967,538 | 745,133 | 398,617 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 366,373 | 116,861 |
| total current liabilities | 2,472,455 | 2,186,714 | 1,651,475 | 967,538 | 745,133 | 398,617 | 366,373 | 116,861 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 194,722 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 194,722 | 0 | 0 | 0 | 0 |
| total liabilities | 2,472,455 | 2,186,714 | 1,651,475 | 1,162,260 | 745,133 | 398,617 | 366,373 | 116,861 |
| net assets | 867,907 | 440,189 | 339,476 | 503,634 | 313,659 | 387,693 | 299,358 | 165,765 |
| total shareholders funds | 867,907 | 440,189 | 339,476 | 503,634 | 313,659 | 387,693 | 299,358 | 165,765 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 24,298 | 23,329 | 649 | 649 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 714,990 | 648,174 | 664,291 | 317,019 | 287,571 | 121,207 | 395,122 | 269,262 |
| Creditors | 285,741 | 535,239 | 683,937 | 222,405 | 745,133 | 398,617 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -366,373 | -366,373 | 249,512 | 116,861 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -194,722 | 194,722 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | -4,944 | 4,914 | 21 | -13,334 | 13,364 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -4,944 | 4,914 | 21 | -13,334 | 13,364 |
racz consultancy ltd Credit Report and Business Information
Racz Consultancy Ltd Competitor Analysis
Perform a competitor analysis for racz consultancy ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in TS22 area or any other competitors across 12 key performance metrics.
racz consultancy ltd Ownership
RACZ CONSULTANCY LTD group structure
Racz Consultancy Ltd has no subsidiary companies.
Ultimate parent company
RACZ CONSULTANCY LTD
09387857
racz consultancy ltd directors
Racz Consultancy Ltd currently has 2 directors. The longest serving directors include Mr Mike Racz (Jan 2015) and Mr Mike Racz (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mike Racz | England | 42 years | Jan 2015 | - | Director |
| Mr Mike Racz | England | 42 years | Jan 2015 | - | Director |
P&L
December 2022turnover
5.5m
+29%
operating profit
528k
0%
gross margin
24.6%
+5.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
867.9k
+0.97%
total assets
3.3m
+0.27%
cash
0
0%
net assets
Total assets minus all liabilities
racz consultancy ltd company details
company number
09387857
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
January 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
unit 10 evolution, wynyard business park, wynyard, TS22 5TB
accountant
-
auditor
-
racz consultancy 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 found 4 charges/mortgages relating to racz consultancy ltd. Currently there are 2 open charges and 2 have been satisfied in the past.
racz consultancy ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
