
Group Structure
View All
Industry
Business and domestic software development
Registered Address
11 park lea road, sunderland, SR6 9PH
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).
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).
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 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.
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
1 Strong
1 Regular
7 Weak
Size
annual sales of £141.1k, make it smaller than the average company (£3.6m)
- Rapid Responce Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8.6%)
- Rapid Responce Limited
8.6% - Industry AVG
Production
with a gross margin of 42.7%, this company has a higher cost of product (72.1%)
- Rapid Responce Limited
72.1% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (3.9%)
- Rapid Responce Limited
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (33)
- Rapid Responce Limited
33 - Industry AVG
Pay Structure
on an average salary of £67k, the company has an equivalent pay structure (£67k)
- Rapid Responce Limited
£67k - Industry AVG
Efficiency
resulting in sales per employee of £141.1k, this is more efficient (£113.7k)
- Rapid Responce Limited
£113.7k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (61 days)
- Rapid Responce Limited
61 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Rapid Responce Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rapid Responce Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rapid Responce Limited
- - Industry AVG
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'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 House, Pomanda Estimates
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
---|---|---|---|---|---|---|---|---|
Turnover | 24,532 | |||||||
Other Income Or Grants | ||||||||
Cost Of Sales | ||||||||
Gross Profit | ||||||||
Admin Expenses | ||||||||
Operating Profit | ||||||||
Interest Payable | ||||||||
Interest Receivable | ||||||||
Pre-Tax Profit | -106 | |||||||
Tax | ||||||||
Profit After Tax | -106 | |||||||
Dividends Paid | ||||||||
Retained Profit | -106 | |||||||
Employee Costs | ||||||||
Number Of Employees | 1 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | ||||||||
Intangible Assets | ||||||||
Investments & Other | 1 | 1 | 1 | 1 | 1 | |||
Debtors (Due After 1 year) | ||||||||
Total Fixed Assets | 1 | 1 | 1 | 1 | 1 | |||
Stock & work in progress | ||||||||
Trade Debtors | 41,093 | 41,023 | 43,662 | 44,882 | 23,790 | |||
Group Debtors | ||||||||
Misc Debtors | ||||||||
Cash | ||||||||
misc current assets | ||||||||
total current assets | 41,093 | 41,023 | 43,662 | 44,882 | 23,790 | |||
total assets | 41,093 | 41,024 | 43,663 | 44,883 | 23,791 | 1 | ||
Bank overdraft | ||||||||
Bank loan | ||||||||
Trade Creditors | 7,800 | 1,250 | 1,960 | 23,095 | ||||
Group/Directors Accounts | ||||||||
other short term finances | ||||||||
hp & lease commitments | ||||||||
other current liabilities | ||||||||
total current liabilities | 7,800 | 1,250 | 1,960 | 23,095 | ||||
loans | ||||||||
hp & lease commitments | ||||||||
Accruals and Deferred Income | ||||||||
other liabilities | 47,465 | 39,667 | 48,750 | 48,040 | ||||
provisions | ||||||||
total long term liabilities | 47,465 | 39,667 | 48,750 | 48,040 | ||||
total liabilities | 47,465 | 47,467 | 50,000 | 50,000 | 23,095 | |||
net assets | -6,372 | -6,443 | -6,337 | -5,117 | 696 | 1 | ||
total shareholders funds | -6,372 | -6,443 | -6,337 | -5,117 | 696 | 1 |
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | ||||||||
Depreciation | ||||||||
Amortisation | ||||||||
Tax | ||||||||
Stock | ||||||||
Debtors | 70 | -2,639 | -1,220 | 21,092 | 23,790 | |||
Creditors | -7,800 | 6,550 | -710 | -21,135 | 23,095 | |||
Accruals and Deferred Income | ||||||||
Deferred Taxes & Provisions | ||||||||
Cash flow from operations | 510 | |||||||
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | -1 | 1 | ||||||
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | ||||||||
Group/Directors Accounts | ||||||||
Other Short Term Loans | ||||||||
Long term loans | ||||||||
Hire Purchase and Lease Commitments | ||||||||
other long term liabilities | 7,798 | -9,083 | 710 | 48,040 | ||||
share issue | ||||||||
interest | ||||||||
cash flow from financing | -9,083 | -510 | ||||||
cash and cash equivalents | ||||||||
cash | ||||||||
overdraft | ||||||||
change in cash |
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 group structure
Rapid Responce Limited has no subsidiary companies.
Rapid Responce Limited currently has 1 director, Mr Steven Katirai serving since Jun 2020.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Steven Katirai | United Kingdom | 70 years | Jun 2020 | - | Director |
P&L
September 2023turnover
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 2023net assets
-6.4k
-0.01%
total assets
41.1k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
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
-
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.
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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