rg engagement group limited Company Information
Company Number
09704342
Website
-Registered Address
265 tottenham court road, london, W1T 7RQ
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
-
Next Accounts Due
365 days late
Group Structure
View All
Shareholders
rg investment holdings lp 12.6%
wesley holding gmbh 3.1%
View Allrg engagement group limited Estimated Valuation
Pomanda estimates the enterprise value of RG ENGAGEMENT GROUP LIMITED at £85.3m based on a Turnover of £253.5m and 0.34x industry multiple (adjusted for size and gross margin).
rg engagement group limited Estimated Valuation
Pomanda estimates the enterprise value of RG ENGAGEMENT GROUP LIMITED at £90m based on an EBITDA of £16m and a 5.63x industry multiple (adjusted for size and gross margin).
rg engagement group limited Estimated Valuation
Pomanda estimates the enterprise value of RG ENGAGEMENT GROUP LIMITED at £0 based on Net Assets of £-77.4m and 1.62x industry multiple (adjusted for liquidity).
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Rg Engagement Group Limited Overview
Rg Engagement Group Limited is a live company located in london, W1T 7RQ with a Companies House number of 09704342. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in July 2015, it's largest shareholder is rg investment holdings lp with a 12.6% stake. Rg Engagement Group Limited is a young, mega sized company, Pomanda has estimated its turnover at £253.5m with healthy growth in recent years.
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Rg Engagement Group Limited Health Check
Pomanda's financial health check has awarded Rg Engagement Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £253.5m, make it larger than the average company (£4.7m)
£253.5m - Rg Engagement Group Limited
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (-2%)
15% - Rg Engagement Group Limited
-2% - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (23.8%)
17.3% - Rg Engagement Group Limited
23.8% - Industry AVG
Profitability
an operating margin of 2.5% make it as profitable than the average company (2.8%)
2.5% - Rg Engagement Group Limited
2.8% - Industry AVG
Employees
with 435 employees, this is above the industry average (32)
435 - Rg Engagement Group Limited
32 - Industry AVG
Pay Structure
on an average salary of £42.9k, the company has an equivalent pay structure (£41.9k)
£42.9k - Rg Engagement Group Limited
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £582.8k, this is more efficient (£148.4k)
£582.8k - Rg Engagement Group Limited
£148.4k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (43 days)
23 days - Rg Engagement Group Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (10 days)
86 days - Rg Engagement Group Limited
10 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (2 days)
2 days - Rg Engagement Group Limited
2 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (19 weeks)
7 weeks - Rg Engagement Group Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 138.9%, this is a higher level of debt than the average (68.9%)
138.9% - Rg Engagement Group Limited
68.9% - Industry AVG
rg engagement group limited Credit Report and Business Information
Rg Engagement Group Limited Competitor Analysis
Perform a competitor analysis for rg engagement group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
rg engagement group limited Ownership
RG ENGAGEMENT GROUP LIMITED group structure
Rg Engagement Group Limited has 1 subsidiary company.
Ultimate parent company
RG ENGAGEMENT GROUP LIMITED
09704342
1 subsidiary
rg engagement group limited directors
Rg Engagement Group Limited currently has 3 directors. The longest serving directors include Mr Douglas Butler (Jul 2016) and Mr Robert Boland (Jul 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Douglas Butler | United States | 59 years | Jul 2016 | - | Director |
Mr Robert Boland | United Kingdom | 42 years | Jul 2018 | - | Director |
Miss Elli Morii | 50 years | Aug 2019 | - | Director |
RG ENGAGEMENT GROUP LIMITED financials
Rg Engagement Group Limited's latest turnover from June 2021 is £253.5 million and the company has net assets of -£77.4 million. According to their latest financial statements, Rg Engagement Group Limited has 435 employees and maintains cash reserves of £29.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
---|---|---|---|---|---|---|
Turnover | 253,497,118 | 259,934,274 | 210,685,394 | 167,266,123 | 24,820,835 | 19,650,665 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 209,674,973 | 220,939,503 | 175,377,008 | 138,109,532 | 1,950,833 | 1,195,876 |
Gross Profit | 43,822,145 | 38,994,771 | 35,308,386 | 29,156,591 | 22,870,002 | 18,454,789 |
Admin Expenses | 37,557,523 | 35,558,280 | 37,175,141 | 29,516,939 | 24,185,037 | 27,109,073 |
Operating Profit | 6,264,622 | 3,436,491 | -1,866,755 | -360,348 | -1,315,035 | -8,654,284 |
Interest Payable | 14,351,293 | 14,029,407 | 13,563,868 | 16,842,951 | 12,624,901 | 10,850,876 |
Interest Receivable | 11,145 | 25,188 | 6,498 | 2,766 | 3,066 | 4,293 |
Pre-Tax Profit | -8,075,526 | -10,567,728 | -15,424,125 | -17,200,533 | -13,936,870 | -19,500,867 |
Tax | -2,177,163 | -986,935 | -1,460,982 | 102,722 | 1,192,664 | 329,204 |
Profit After Tax | -10,252,689 | -11,554,663 | -16,885,107 | -17,097,811 | -12,744,206 | -19,171,663 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -10,252,689 | -11,554,663 | -16,885,107 | -17,097,811 | -12,744,206 | -19,171,663 |
Employee Costs | 18,659,045 | 18,327,216 | 16,564,624 | 11,602,978 | 13,278,339 | 7,906,688 |
Number Of Employees | 435 | 414 | 416 | 380 | 347 | 326 |
EBITDA* | 15,969,482 | 13,079,614 | 7,549,384 | 7,488,058 | 6,087,840 | -3,026,815 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
---|---|---|---|---|---|---|
Tangible Assets | 4,008,366 | 6,570,698 | 5,601,737 | 2,920,740 | 1,814,808 | 1,850,816 |
Intangible Assets | 141,229,445 | 146,257,129 | 151,180,179 | 149,833,108 | 154,612,343 | 158,068,110 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 279,057 | 668,622 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 144,958,754 | 152,159,205 | 156,781,916 | 152,753,848 | 156,427,151 | 159,918,926 |
Stock & work in progress | 1,155,654 | 1,636,532 | 4,167,707 | 2,207,397 | 1,913,745 | 1,278,904 |
Trade Debtors | 16,379,728 | 22,476,347 | 13,835,765 | 11,519,297 | 11,774,084 | 10,933,428 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 7,263,134 | 0 | 4,263,989 | 6,051,123 | 4,330,059 | 2,293,261 |
Cash | 29,483,858 | 25,330,995 | 11,521,996 | 11,162,648 | 8,091,487 | 7,847,743 |
misc current assets | 0 | 0 | 0 | 0 | 430,048 | 0 |
total current assets | 54,282,374 | 49,443,874 | 33,789,457 | 30,940,465 | 26,539,423 | 22,353,336 |
total assets | 199,241,128 | 201,603,079 | 190,571,373 | 183,694,313 | 182,966,574 | 182,272,262 |
Bank overdraft | 0 | 0 | 0 | 0 | 1,520,603 | 3,625,000 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 49,812,198 | 55,908,055 | 40,172,862 | 33,195,075 | 31,879,072 | 24,841,161 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 129,927,460 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 783,886 | 771,677 | 513,396 | 0 | 0 | 0 |
other current liabilities | 21,593,304 | 13,607,663 | 21,588,900 | 18,895,671 | 13,645,349 | 12,947,342 |
total current liabilities | 202,116,848 | 70,287,395 | 62,275,158 | 52,090,746 | 47,045,024 | 41,413,503 |
loans | 133,972,556 | 385,072,092 | 356,894,932 | 128,001,944 | 215,253,977 | 207,368,178 |
hp & lease commitments | 2,281,928 | 2,987,885 | 2,967,269 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 103,140,608 | 0 | 0 |
provisions | 15,069,028 | 17,163,026 | 19,002,568 | 19,252,372 | 20,067,082 | 22,844,722 |
total long term liabilities | 74,520,792 | 201,117,559 | 187,948,750 | 176,767,766 | 165,410,808 | 159,319,671 |
total liabilities | 276,637,640 | 271,404,954 | 250,223,908 | 228,858,512 | 212,455,832 | 200,733,174 |
net assets | -77,396,512 | -69,801,875 | -59,652,535 | -45,164,199 | -29,489,258 | -18,460,912 |
total shareholders funds | -77,396,512 | -69,801,875 | -59,652,535 | -45,164,199 | -29,489,258 | -18,460,912 |
Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | 6,264,622 | 3,436,491 | -1,866,755 | -360,348 | -1,315,035 | -8,654,284 |
Depreciation | 1,807,394 | 2,273,515 | 2,314,385 | 1,262,050 | 874,749 | 330,653 |
Amortisation | 7,897,466 | 7,369,608 | 7,101,754 | 6,586,356 | 6,528,126 | 5,296,816 |
Tax | -2,177,163 | -986,935 | -1,460,982 | 102,722 | 1,192,664 | 329,204 |
Stock | -480,878 | -2,531,175 | 1,960,310 | 293,652 | 634,841 | 1,278,904 |
Debtors | 776,950 | 5,045,215 | 529,334 | 1,466,277 | 2,877,454 | 13,226,689 |
Creditors | -6,095,857 | 15,735,193 | 6,977,787 | 1,316,003 | 7,037,911 | 24,841,161 |
Accruals and Deferred Income | 7,985,641 | -7,981,237 | 2,693,229 | 5,250,322 | 698,007 | 12,947,342 |
Deferred Taxes & Provisions | -2,093,998 | -1,839,542 | -249,804 | -814,710 | -2,777,640 | 22,844,722 |
Cash flow from operations | 13,292,033 | 15,493,053 | 13,019,970 | 11,582,466 | 8,726,487 | 43,430,021 |
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 129,927,460 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -251,099,536 | 28,177,160 | 228,892,988 | -87,252,033 | 7,885,799 | 207,368,178 |
Hire Purchase and Lease Commitments | -693,748 | 278,897 | 3,480,665 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | -103,140,608 | 103,140,608 | 0 | 0 |
share issue | ||||||
interest | -14,340,148 | -14,004,219 | -13,557,370 | -16,840,185 | -12,621,835 | -10,846,583 |
cash flow from financing | -133,547,920 | 15,857,161 | 118,072,446 | 471,260 | -3,020,176 | 197,232,346 |
cash and cash equivalents | ||||||
cash | 4,152,863 | 13,808,999 | 359,348 | 3,071,161 | 243,744 | 7,847,743 |
overdraft | 0 | 0 | 0 | -1,520,603 | -2,104,397 | 3,625,000 |
change in cash | 4,152,863 | 13,808,999 | 359,348 | 4,591,764 | 2,348,141 | 4,222,743 |
P&L
June 2021turnover
253.5m
-2%
operating profit
6.3m
+82%
gross margin
17.3%
+15.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2021net assets
-77.4m
+0.11%
total assets
199.2m
-0.01%
cash
29.5m
+0.16%
net assets
Total assets minus all liabilities
rg engagement group limited company details
company number
09704342
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
July 2015
age
9
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
265 tottenham court road, london, W1T 7RQ
last accounts submitted
June 2021
rg engagement group 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 found 1 charges/mortgages relating to rg engagement group limited. Currently there are 0 open charges and 1 have been satisfied in the past.
rg engagement group limited Companies House Filings - See Documents
date | description | view/download |
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