rak property newco limited
rak property newco limited Company Information
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
the robert street hub, 12-14 robert street, manchester, M3 1EY
Website
-rak property newco limited Estimated Valuation
Pomanda estimates the enterprise value of RAK PROPERTY NEWCO LIMITED at £254.5k based on a Turnover of £84.7k and 3x industry multiple (adjusted for size and gross margin).
rak property newco limited Estimated Valuation
Pomanda estimates the enterprise value of RAK PROPERTY NEWCO LIMITED at £435.8k based on an EBITDA of £67.7k and a 6.44x industry multiple (adjusted for size and gross margin).
rak property newco limited Estimated Valuation
Pomanda estimates the enterprise value of RAK PROPERTY NEWCO LIMITED at £517.2k based on Net Assets of £328.4k and 1.58x industry multiple (adjusted for liquidity).
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Rak Property Newco Limited Overview
Rak Property Newco Limited is a live company located in manchester, M3 1EY with a Companies House number of 09749780. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2015, it's largest shareholder is rabia abdullah kamani with a 100% stake. Rak Property Newco Limited is a established, micro sized company, Pomanda has estimated its turnover at £84.7k with rapid growth in recent years.
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Rak Property Newco Limited Health Check
Pomanda's financial health check has awarded Rak Property Newco Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £84.7k, make it smaller than the average company (£786.3k)
- Rak Property Newco Limited
£786.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (3.3%)
- Rak Property Newco Limited
3.3% - Industry AVG
Production
with a gross margin of 69.4%, this company has a comparable cost of product (69.4%)
- Rak Property Newco Limited
69.4% - Industry AVG
Profitability
an operating margin of 64.9% make it more profitable than the average company (28.7%)
- Rak Property Newco Limited
28.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Rak Property Newco Limited
4 - Industry AVG
Pay Structure
on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)
- Rak Property Newco Limited
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £84.7k, this is less efficient (£189.6k)
- Rak Property Newco Limited
£189.6k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is later than average (24 days)
- Rak Property Newco Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (32 days)
- Rak Property Newco Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rak Property Newco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (6 weeks)
13 weeks - Rak Property Newco Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.7%, this is a higher level of debt than the average (65.5%)
90.7% - Rak Property Newco Limited
65.5% - Industry AVG
RAK PROPERTY NEWCO LIMITED financials
Rak Property Newco Limited's latest turnover from August 2024 is estimated at £84.7 thousand and the company has net assets of £328.4 thousand. According to their latest financial statements, we estimate that Rak Property Newco Limited has 1 employee and maintains cash reserves of £134 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 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 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,036 | 22,085 | 24,097 | 13,884 | 2,494 | 5,568 | 6,351 | 12,259 | 15,567 |
| Intangible Assets | |||||||||
| Investments & Other | 2,871,806 | 2,871,806 | 2,871,806 | 2,871,806 | 2,871,806 | 2,871,806 | 2,871,806 | 2,458,996 | 2,381,963 |
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 2,885,842 | 2,893,891 | 2,895,903 | 2,885,690 | 2,874,300 | 2,877,374 | 2,878,157 | 2,471,255 | 2,397,530 |
| Stock & work in progress | |||||||||
| Trade Debtors | 8,230 | 1,437 | 11,965 | 5,535 | 2,136 | ||||
| Group Debtors | |||||||||
| Misc Debtors | 501,920 | 10,905 | 10,170 | 7,463 | 8,064 | 3,495 | 5,025 | 4,373 | 4,891 |
| Cash | 133,955 | 85,367 | 38,327 | 23,325 | 155,954 | 71,154 | 15,901 | 19,661 | 587 |
| misc current assets | |||||||||
| total current assets | 644,105 | 97,709 | 60,462 | 30,788 | 169,553 | 76,785 | 20,926 | 24,034 | 5,478 |
| total assets | 3,529,947 | 2,991,600 | 2,956,365 | 2,916,478 | 3,043,853 | 2,954,159 | 2,899,083 | 2,495,289 | 2,403,008 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 3,196 | 14,233 | 6,475 | 8,258 | 1,321 | 2,386 | 2,269 | 34,451 | 3,120 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 514,406 | 14,157 | 21,023 | 7,022 | 30,373 | 20,783 | 13,121 | 10,592 | 49,516 |
| total current liabilities | 517,602 | 28,390 | 27,498 | 15,280 | 31,694 | 23,169 | 15,390 | 45,043 | 52,636 |
| loans | 2,813,193 | 2,415,023 | 2,333,242 | ||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 2,681,943 | 2,678,193 | 2,678,193 | 2,678,193 | 2,813,193 | 2,813,193 | |||
| provisions | 2,030 | 1,983 | 1,291 | 658 | 89 | 654 | 371 | 201 | 2,802 |
| total long term liabilities | 2,683,973 | 2,680,176 | 2,679,484 | 2,678,851 | 2,813,282 | 2,813,847 | 2,813,564 | 2,415,224 | 2,336,044 |
| total liabilities | 3,201,575 | 2,708,566 | 2,706,982 | 2,694,131 | 2,844,976 | 2,837,016 | 2,828,954 | 2,460,267 | 2,388,680 |
| net assets | 328,372 | 283,034 | 249,383 | 222,347 | 198,877 | 117,143 | 70,129 | 35,022 | 14,328 |
| total shareholders funds | 328,372 | 283,034 | 249,383 | 222,347 | 198,877 | 117,143 | 70,129 | 35,022 | 14,328 |
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 12,699 | 10,387 | 7,952 | 4,070 | 3,414 | 6,181 | 7,804 | 6,361 | 3,184 |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 497,808 | -9,793 | 14,672 | -6,136 | 7,968 | 606 | 652 | -518 | 4,891 |
| Creditors | -11,037 | 7,758 | -1,783 | 6,937 | -1,065 | 117 | -32,182 | 31,331 | 3,120 |
| Accruals and Deferred Income | 500,249 | -6,866 | 14,001 | -23,351 | 9,590 | 7,662 | 2,529 | -38,924 | 49,516 |
| Deferred Taxes & Provisions | 47 | 692 | 633 | 569 | -565 | 283 | 170 | -2,601 | 2,802 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 412,810 | 77,033 | 2,381,963 | ||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -2,813,193 | 398,170 | 81,781 | 2,333,242 | |||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | 3,750 | -135,000 | 2,813,193 | ||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 48,588 | 47,040 | 15,002 | -132,629 | 84,800 | 55,253 | -3,760 | 19,074 | 587 |
| overdraft | |||||||||
| change in cash | 48,588 | 47,040 | 15,002 | -132,629 | 84,800 | 55,253 | -3,760 | 19,074 | 587 |
rak property newco limited Credit Report and Business Information
Rak Property Newco Limited Competitor Analysis
Perform a competitor analysis for rak property newco limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 3 area or any other competitors across 12 key performance metrics.
rak property newco limited Ownership
RAK PROPERTY NEWCO LIMITED group structure
Rak Property Newco Limited has no subsidiary companies.
Ultimate parent company
RAK PROPERTY NEWCO LIMITED
09749780
rak property newco limited directors
Rak Property Newco Limited currently has 1 director, Rabia Kamani serving since Aug 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Rabia Kamani | 62 years | Aug 2015 | - | Director |
P&L
August 2024turnover
84.7k
+180%
operating profit
55k
0%
gross margin
69.4%
+0.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
328.4k
+0.16%
total assets
3.5m
+0.18%
cash
134k
+0.57%
net assets
Total assets minus all liabilities
rak property newco limited company details
company number
09749780
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
August 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2024
previous names
N/A
accountant
M J MILLER & CO. LTD
auditor
-
address
the robert street hub, 12-14 robert street, manchester, M3 1EY
Bank
-
Legal Advisor
-
rak property newco 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 property newco limited.
rak property newco 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 property newco limited Companies House Filings - See Documents
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