rapid responce limited

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rapid responce limited Company Information

Share RAPID RESPONCE LIMITED

Company Number

09793749

Shareholders

steven katirai

Group Structure

View All

Industry

Business and domestic software development

 

Registered Address

11 park lea road, sunderland, SR6 9PH

rapid responce limited Estimated Valuation

£87.2k

Pomanda estimates the enterprise value of RAPID RESPONCE LIMITED at £87.2k based on a Turnover of £141.1k and 0.62x industry multiple (adjusted for size and gross margin).

rapid responce limited Estimated Valuation

£348

Pomanda estimates the enterprise value of RAPID RESPONCE LIMITED at £348 based on an EBITDA of £94 and a 3.69x industry multiple (adjusted for size and gross margin).

rapid responce limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RAPID RESPONCE LIMITED at £0 based on Net Assets of £-6.4k and 2.36x industry multiple (adjusted for liquidity).

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Rapid Responce Limited Overview

Rapid Responce Limited is a live company located in sunderland, SR6 9PH with a Companies House number of 09793749. It operates in the business and domestic software development sector, SIC Code 62012. Founded in September 2015, it's largest shareholder is steven katirai with a 100% stake. Rapid Responce Limited is a established, micro sized company, Pomanda has estimated its turnover at £141.1k with healthy growth in recent years.

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Rapid Responce Limited Health Check

Pomanda's financial health check has awarded Rapid Responce Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £141.1k, make it smaller than the average company (£3.6m)

£141.1k - Rapid Responce Limited

£3.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8.6%)

5% - Rapid Responce Limited

8.6% - Industry AVG

production

Production

with a gross margin of 42.7%, this company has a higher cost of product (72.1%)

42.7% - Rapid Responce Limited

72.1% - Industry AVG

profitability

Profitability

an operating margin of 0.1% make it less profitable than the average company (3.9%)

0.1% - Rapid Responce Limited

3.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (33)

1 - Rapid Responce Limited

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £67k, the company has an equivalent pay structure (£67k)

£67k - Rapid Responce Limited

£67k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £141.1k, this is more efficient (£113.7k)

£141.1k - Rapid Responce Limited

£113.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 106 days, this is later than average (61 days)

106 days - Rapid Responce Limited

61 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Rapid Responce Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rapid Responce Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rapid Responce Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 115.5%, this is a higher level of debt than the average (60.4%)

115.5% - Rapid Responce Limited

60.4% - Industry AVG

RAPID RESPONCE LIMITED financials

EXPORTms excel logo

Rapid Responce Limited's latest turnover from September 2023 is estimated at £141.1 thousand and the company has net assets of -£6.4 thousand. According to their latest financial statements, we estimate that Rapid Responce Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016
Turnover141,05224,532120,16167,771
Other Income Or Grants
Cost Of Sales80,81813,87267,98239,196
Gross Profit60,23310,66052,17928,574
Admin Expenses60,13810,76657,99227,716-1
Operating Profit95-106-5,8138581
Interest Payable
Interest Receivable
Pre-Tax Profit95-106-5,8138581
Tax-24-163
Profit After Tax71-106-5,8136951
Dividends Paid
Retained Profit71-106-5,8136951
Employee Costs67,01963,01755,83159,430
Number Of Employees11111
EBITDA*95-106-5,8138581

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016
Tangible Assets
Intangible Assets
Investments & Other11111
Debtors (Due After 1 year)
Total Fixed Assets11111
Stock & work in progress
Trade Debtors41,09341,02343,66244,88223,790
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets41,09341,02343,66244,88223,790
total assets41,09341,02443,66344,88323,7911
Bank overdraft
Bank loan
Trade Creditors 7,8001,2501,96023,095
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities7,8001,2501,96023,095
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities47,46539,66748,75048,040
provisions
total long term liabilities47,46539,66748,75048,040
total liabilities47,46547,46750,00050,00023,095
net assets-6,372-6,443-6,337-5,1176961
total shareholders funds-6,372-6,443-6,337-5,1176961
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016
Operating Activities
Operating Profit95-106-5,8138581
Depreciation
Amortisation
Tax-24-163
Stock
Debtors70-2,639-1,22021,09223,790
Creditors-7,8006,550-710-21,13523,095
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-7,7999,083510-48,0401
Investing Activities
capital expenditure
Change in Investments-11
cash flow from investments1-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities7,798-9,08371048,040
share issue-1,220
interest
cash flow from financing7,798-9,083-51048,040
cash and cash equivalents
cash
overdraft
change in cash

rapid responce 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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Rapid Responce Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rapid responce limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SR6 area or any other competitors across 12 key performance metrics.

rapid responce limited Ownership

RAPID RESPONCE LIMITED group structure

Rapid Responce Limited has no subsidiary companies.

Ultimate parent company

1 parent

RAPID RESPONCE LIMITED

09793749

RAPID RESPONCE LIMITED Shareholders

steven katirai 100%

rapid responce limited directors

Rapid Responce Limited currently has 1 director, Mr Steven Katirai serving since Jun 2020.

officercountryagestartendrole
Mr Steven KatiraiUnited Kingdom70 years Jun 2020- Director

P&L

September 2023

turnover

141.1k

+475%

operating profit

94.7

0%

gross margin

42.8%

-1.73%

turnover

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

Balance Sheet

September 2023

net assets

-6.4k

-0.01%

total assets

41.1k

0%

cash

0

0%

net assets

Total assets minus all liabilities

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rapid responce limited company details

company number

09793749

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

September 2015

age

10

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

11 park lea road, sunderland, SR6 9PH

Bank

-

Legal Advisor

-

rapid responce 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 rapid responce limited.

rapid responce 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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rapid responce limited Companies House Filings - See Documents

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