richards group ltd

Live EstablishedMicroHealthy

richards group ltd Company Information

Share RICHARDS GROUP LTD

Company Number

09482787

Shareholders

edward george richards

Group Structure

View All

Industry

Retail sale of newspapers and stationery in specialised stores

 

Registered Address

4 the triangle, poole, dorset, BH16 5PG

richards group ltd Estimated Valuation

£4.4k

Pomanda estimates the enterprise value of RICHARDS GROUP LTD at £4.4k based on a Turnover of £22.4k and 0.2x industry multiple (adjusted for size and gross margin).

richards group ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of RICHARDS GROUP LTD at £0 based on an EBITDA of £-387 and a 2.12x industry multiple (adjusted for size and gross margin).

richards group ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of RICHARDS GROUP LTD at £0 based on Net Assets of £-43.5k and 4.09x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Richards Group Ltd Overview

Richards Group Ltd is a live company located in dorset, BH16 5PG with a Companies House number of 09482787. It operates in the retail sale of newspapers and stationery in specialised stores sector, SIC Code 47620. Founded in March 2015, it's largest shareholder is edward george richards with a 100% stake. Richards Group Ltd is a established, micro sized company, Pomanda has estimated its turnover at £22.4k with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Richards Group Ltd Health Check

Pomanda's financial health check has awarded Richards Group Ltd a 1 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 Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £22.4k, make it smaller than the average company (£3.1m)

£22.4k - Richards Group Ltd

£3.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4%)

7% - Richards Group Ltd

4% - Industry AVG

production

Production

with a gross margin of 23.6%, this company has a higher cost of product (41%)

23.6% - Richards Group Ltd

41% - Industry AVG

profitability

Profitability

an operating margin of -1.7% make it less profitable than the average company (2.3%)

-1.7% - Richards Group Ltd

2.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (66)

1 - Richards Group Ltd

66 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.7k, the company has an equivalent pay structure (£29.7k)

£29.7k - Richards Group Ltd

£29.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £22.4k, this is less efficient (£158.1k)

£22.4k - Richards Group Ltd

£158.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 54 days, this is later than average (24 days)

54 days - Richards Group Ltd

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (43 days)

7 days - Richards Group Ltd

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Richards Group Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Richards Group Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1126.9%, this is a higher level of debt than the average (57.5%)

1126.9% - Richards Group Ltd

57.5% - Industry AVG

RICHARDS GROUP LTD financials

EXPORTms excel logo

Richards Group Ltd's latest turnover from March 2024 is estimated at £22.4 thousand and the company has net assets of -£43.5 thousand. According to their latest financial statements, Richards Group Ltd has 1 employee 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
Turnover22,41320,19117,68618,18119,8412,8932,57667,53175,296
Other Income Or Grants
Cost Of Sales17,12115,37914,21114,69615,8092,2412,05152,06260,576
Gross Profit5,2914,8123,4753,4854,03265252615,46914,719
Admin Expenses5,67813,86512,56515,03019,4441,549-82712,39415,495
Operating Profit-387-9,053-9,090-11,545-15,412-8971,3533,075-776
Interest Payable
Interest Receivable444444
Pre-Tax Profit-387-9,053-9,090-11,545-15,412-8971,3983,119-732
Tax-266-624
Profit After Tax-387-9,053-9,090-11,545-15,412-8971,1322,495-732
Dividends Paid
Retained Profit-387-9,053-9,090-11,545-15,412-8971,1322,495-732
Employee Costs29,68134,33533,75931,33229,71230,52628,79325,40521,398
Number Of Employees111111111
EBITDA*-387-9,053-9,090-11,545-15,412-8971,3533,075553

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Tangible Assets9141,1151,3941,7422,1772,7203,4014,2515,314
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets9141,1151,3941,7422,1772,7203,4014,2515,314
Stock & work in progress
Trade Debtors3,3211,2893,5693,031200289254
Group Debtors
Misc Debtors
Cash17,68017,680
misc current assets
total current assets3,3211,2893,5693,03120028925417,68017,680
total assets4,2352,4044,9634,7732,3773,0093,65521,93122,994
Bank overdraft
Bank loan
Trade Creditors 3603605405405311,01176020,06823,626
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities3603605405405311,01176020,06823,626
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities47,36445,14638,47229,19215,260
provisions
total long term liabilities47,36445,14638,47229,19215,260
total liabilities47,72445,50639,01229,73215,7911,01176020,06823,626
net assets-43,489-43,102-34,049-24,959-13,4141,9982,8951,863-632
total shareholders funds-43,489-43,102-34,049-24,959-13,4141,9982,8951,863-632
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating Activities
Operating Profit-387-9,053-9,090-11,545-15,412-8971,3533,075-776
Depreciation1,329
Amortisation
Tax-266-624
Stock
Debtors2,032-2,2805382,831-8935254
Creditors-1809-480251-19,308-3,55823,626
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-2,419-6,953-9,628-14,367-15,803-681-18,475-1,10724,179
Investing Activities
capital expenditure2012793484355436818501,063-6,643
Change in Investments
cash flow from investments2012793484355436818501,063-6,643
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities2,2186,6749,28013,93215,260
share issue-100100
interest444444
cash flow from financing2,2186,6749,28013,93215,260-5644144
cash and cash equivalents
cash-17,68017,680
overdraft
change in cash-17,68017,680

richards group ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for richards group ltd. Get real-time insights into richards group ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Richards Group Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for richards group ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BH16 area or any other competitors across 12 key performance metrics.

richards group ltd Ownership

RICHARDS GROUP LTD group structure

Richards Group Ltd has 1 subsidiary company.

Ultimate parent company

RICHARDS GROUP LTD

09482787

1 subsidiary

RICHARDS GROUP LTD Shareholders

edward george richards 100%

richards group ltd directors

Richards Group Ltd currently has 1 director, Mr Edward Richards serving since Mar 2015.

officercountryagestartendrole
Mr Edward RichardsUnited Kingdom55 years Mar 2015- Director

P&L

March 2024

turnover

22.4k

+11%

operating profit

-387

0%

gross margin

23.7%

-0.95%

turnover

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

Balance Sheet

March 2024

net assets

-43.5k

+0.01%

total assets

4.2k

+0.76%

cash

0

0%

net assets

Total assets minus all liabilities

richards group ltd company details

company number

09482787

Type

Private limited with Share Capital

industry

47620 - Retail sale of newspapers and stationery in specialised stores

incorporation date

March 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

4 the triangle, poole, dorset, BH16 5PG

Bank

-

Legal Advisor

-

richards group 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 richards group ltd.

richards group 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 RICHARDS GROUP LTD. This can take several minutes, an email will notify you when this has completed.

richards group ltd Companies House Filings - See Documents

datedescriptionview/download