rar property limited

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rar property limited Company Information

Share RAR PROPERTY LIMITED

Company Number

09750197

Shareholders

andrew richardson

rachel richardson

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

plane tree farm beamish, stanley, DH9 0RL

rar property limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of RAR PROPERTY LIMITED at £1.1m based on a Turnover of £359.5k and 3.18x industry multiple (adjusted for size and gross margin).

rar property limited Estimated Valuation

£867.9k

Pomanda estimates the enterprise value of RAR PROPERTY LIMITED at £867.9k based on an EBITDA of £140k and a 6.2x industry multiple (adjusted for size and gross margin).

rar property limited Estimated Valuation

£224.6k

Pomanda estimates the enterprise value of RAR PROPERTY LIMITED at £224.6k based on Net Assets of £133.5k and 1.68x industry multiple (adjusted for liquidity).

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Rar Property Limited Overview

Rar Property Limited is a live company located in stanley, DH9 0RL with a Companies House number of 09750197. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2015, it's largest shareholder is andrew richardson with a 50.5% stake. Rar Property Limited is a established, micro sized company, Pomanda has estimated its turnover at £359.5k with rapid growth in recent years.

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Rar Property Limited Health Check

Pomanda's financial health check has awarded Rar Property Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £359.5k, make it smaller than the average company (£845k)

£359.5k - Rar Property Limited

£845k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (2.9%)

30% - Rar Property Limited

2.9% - Industry AVG

production

Production

with a gross margin of 73.1%, this company has a comparable cost of product (73.1%)

73.1% - Rar Property Limited

73.1% - Industry AVG

profitability

Profitability

an operating margin of 38.8% make it more profitable than the average company (27.1%)

38.8% - Rar Property Limited

27.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Rar Property Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.2k, the company has an equivalent pay structure (£32.2k)

£32.2k - Rar Property Limited

£32.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £179.7k, this is equally as efficient (£179.7k)

£179.7k - Rar Property Limited

£179.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Rar Property Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Rar Property Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rar Property Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (12 weeks)

13 weeks - Rar Property Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91.9%, this is a higher level of debt than the average (67.9%)

91.9% - Rar Property Limited

67.9% - Industry AVG

RAR PROPERTY LIMITED financials

EXPORTms excel logo

Rar Property Limited's latest turnover from November 2023 is estimated at £359.5 thousand and the company has net assets of £133.5 thousand. According to their latest financial statements, Rar Property Limited has 2 employees and maintains cash reserves of £83.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Aug 2017Aug 2016
Turnover359,470322,050274,916161,783309,943158,1101,163,19752,613
Other Income Or Grants
Cost Of Sales96,65189,06281,74745,35293,24843,233303,49814,225
Gross Profit262,820232,988193,169116,431216,696114,877859,69938,389
Admin Expenses123,543120,593151,57787,720192,98395,754858,33241,780
Operating Profit139,277112,39541,59228,71123,71319,1231,367-3,391
Interest Payable133,299100,64545,72427,29515,102
Interest Receivable5,3553,5171512592,4451,413713
Pre-Tax Profit11,33315,267-3,9811,67411,05720,5361,438-3,388
Tax-2,833-2,901-318-2,101-3,902-273
Profit After Tax8,50012,366-3,9811,3568,95616,6341,165-3,388
Dividends Paid
Retained Profit8,50012,366-3,9811,3568,95616,6341,165-3,388
Employee Costs64,40361,57456,96954,91756,60853,653253,87125,855
Number Of Employees222222101
EBITDA*139,985112,39541,59228,71123,71319,1231,367-3,391

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Aug 2017Aug 2016
Tangible Assets2,509716,798635,428635,428635,42855,423
Intangible Assets
Investments & Other1,563,7391,563,7391,563,739
Debtors (Due After 1 year)
Total Fixed Assets1,566,2481,563,7391,563,739716,798635,428635,428635,42855,423
Stock & work in progress
Trade Debtors734
Group Debtors
Misc Debtors
Cash83,215120,768113,698187,378329,935322,10354,6152,171
misc current assets
total current assets83,215120,768113,698187,378329,935322,10354,6152,905
total assets1,649,4631,684,5071,677,437904,176965,363957,531690,04358,328
Bank overdraft
Bank loan
Trade Creditors 327405495,21561,615
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities330,654374,675513,166431,563494,433
total current liabilities330,654374,675513,166431,890494,433495,557495,21561,615
loans1,184,8771,184,8771,051,682447,462447,462
hp & lease commitments
Accruals and Deferred Income
other liabilities447,462196,950
provisions477
total long term liabilities1,185,3541,184,8771,051,682447,462447,462447,462196,950
total liabilities1,516,0081,559,5521,564,848879,352941,895943,019692,16561,615
net assets133,455124,955112,58924,82423,46814,512-2,122-3,287
total shareholders funds133,455124,955112,58924,82423,46814,512-2,122-3,287
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Aug 2017Aug 2016
Operating Activities
Operating Profit139,277112,39541,59228,71123,71319,1231,367-3,391
Depreciation708
Amortisation
Tax-2,833-2,901-318-2,101-3,902-273
Stock
Debtors-322,103322,103-734734
Creditors-327327-405-494,810433,60061,615
Accruals and Deferred Income-44,021-138,49181,603-62,870494,433
Deferred Taxes & Provisions477
Cash flow from operations93,608-28,997122,868-34,150837,743-801,692435,42857,490
Investing Activities
capital expenditure-3,217716,798-81,370-580,005-55,423
Change in Investments1,563,739
cash flow from investments-3,217-846,941-81,370-580,005-55,423
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans133,195604,220447,462
Hire Purchase and Lease Commitments
other long term liabilities-447,462250,512196,950
share issue91,746101
interest-127,944-97,128-45,573-27,036-12,6571,413713
cash flow from financing-127,94436,067650,393-27,036-12,657251,925197,021104
cash and cash equivalents
cash-37,5537,070-73,680-142,5577,832267,48852,4442,171
overdraft
change in cash-37,5537,070-73,680-142,5577,832267,48852,4442,171

rar property limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Rar Property Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rar property limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DH9 area or any other competitors across 12 key performance metrics.

rar property limited Ownership

RAR PROPERTY LIMITED group structure

Rar Property Limited has no subsidiary companies.

Ultimate parent company

RAR PROPERTY LIMITED

09750197

RAR PROPERTY LIMITED Shareholders

andrew richardson 50.5%
rachel richardson 49.5%

rar property limited directors

Rar Property Limited currently has 2 directors. The longest serving directors include Mr Andrew Richardson (Aug 2015) and Mrs Rachel Richardson (Sep 2015).

officercountryagestartendrole
Mr Andrew Richardson56 years Aug 2015- Director
Mrs Rachel RichardsonEngland44 years Sep 2015- Director

P&L

November 2023

turnover

359.5k

+12%

operating profit

139.3k

0%

gross margin

73.2%

+1.06%

turnover

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

Balance Sheet

November 2023

net assets

133.5k

+0.07%

total assets

1.6m

-0.02%

cash

83.2k

-0.31%

net assets

Total assets minus all liabilities

rar property limited company details

company number

09750197

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

August 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

November 2023

previous names

N/A

accountant

TC GROUP

auditor

-

address

plane tree farm beamish, stanley, DH9 0RL

Bank

-

Legal Advisor

-

rar property 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 9 charges/mortgages relating to rar property limited. Currently there are 9 open charges and 0 have been satisfied in the past.

rar property 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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rar property limited Companies House Filings - See Documents

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