Pomanda estimates the enterprise value of RESPONSIBLE ENGINEERING SERVICES LIMITED at £147.3k based on a Turnover of £241.9k and 0.61x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of RESPONSIBLE ENGINEERING SERVICES LIMITED at £0 based on an EBITDA of £-62.7k and a 4.38x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of RESPONSIBLE ENGINEERING SERVICES LIMITED at £3.4m based on Net Assets of £1.5m and 2.3x industry multiple (adjusted for liquidity).
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Responsible Engineering Services LimitedOverview
Responsible Engineering Services Limited is a live company located in accrington, BB5 0EY with a Companies House number of 09807534. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in October 2015, it's largest shareholder is
dale frances nattrass
with a 49.8% stake. Responsible Engineering Services Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£241.9k with
declining
growth in recent years.
Responsible Engineering Services Limited Health Check
Pomanda's financial health check has awarded Responsible Engineering Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
2 Strong
3 Regular
4 Weak
Size
annual sales of £241.9k, make it smaller than the average company (£2.3m)
Responsible Engineering Services Limited's latest turnover from October 2024 is estimated at £241.9 thousand and the company has net assets of £1.5 million. According to their latest financial statements, Responsible Engineering Services Limited has 2 employees and maintains cash reserves of £804.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Turnover
241,939
235,915
5,225,093
1,122,442
221,173
326,000
274,456
629,251
461,117
Other Income Or Grants
Cost Of Sales
131,040
131,795
2,961,171
627,091
122,579
43,543
41,205
319,179
226,770
Gross Profit
110,898
104,120
2,263,922
495,351
98,594
282,457
233,251
310,072
234,347
Admin Expenses
207,428
234,612
1,076,977
156,880
102,428
80,744
83,059
269,156
105,711
Operating Profit
-96,530
-130,492
1,186,945
338,471
-3,834
201,713
150,192
40,916
128,636
Interest Payable
57
Interest Receivable
47,863
34,610
4,223
144
111
651
508
Pre-Tax Profit
-48,667
-95,882
1,191,168
338,615
-3,723
201,713
150,135
41,567
129,144
Tax
-226,322
-64,337
-38,325
-28,526
-7,898
-25,829
Profit After Tax
-48,667
-95,882
964,846
274,278
-3,723
163,388
121,609
33,669
103,315
Dividends Paid
20,000
Retained Profit
-48,667
-95,882
964,846
274,278
-3,723
163,388
101,609
33,669
103,315
Employee Costs
104,075
99,626
93,966
91,021
87,273
88,322
43,580
42,413
42,611
Number Of Employees
2
2
2
2
2
2
1
1
1
EBITDA*
-62,721
-94,941
1,217,278
354,901
13,284
218,284
171,237
67,339
160,134
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Tangible Assets
590,652
595,867
609,616
538,103
535,151
514,117
520,085
510,138
94,492
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
590,652
595,867
609,616
538,103
535,151
514,117
520,085
510,138
94,492
Stock & work in progress
Trade Debtors
1,338,000
264,000
48,000
6,166
2,554
Group Debtors
30,000
20,000
Misc Debtors
202,280
Cash
804,105
1,110,408
208,050
167,297
119,960
102,790
49,819
114,598
406,180
misc current assets
total current assets
1,036,385
1,130,408
1,546,050
431,297
119,960
150,790
49,819
120,764
408,734
total assets
1,627,037
1,726,275
2,155,666
969,400
655,111
664,907
569,904
630,902
503,226
Bank overdraft
Bank loan
Trade Creditors
492,451
398,233
Group/Directors Accounts
47,999
49,537
53,650
48,062
51,958
56,053
55,924
other short term finances
hp & lease commitments
other current liabilities
59,852
112,913
440,763
238,518
194,398
204,946
272,780
total current liabilities
107,851
162,450
494,413
286,580
246,356
260,999
328,704
492,451
398,233
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
25,353
21,325
22,871
9,284
9,497
927
1,607
1,466
1,677
total long term liabilities
25,353
21,325
22,871
9,284
9,497
927
1,607
1,466
1,677
total liabilities
133,204
183,775
517,284
295,864
255,853
261,926
330,311
493,917
399,910
net assets
1,493,833
1,542,500
1,638,382
673,536
399,258
402,981
239,593
136,985
103,316
total shareholders funds
1,493,833
1,542,500
1,638,382
673,536
399,258
402,981
239,593
136,985
103,316
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Operating Activities
Operating Profit
-96,530
-130,492
1,186,945
338,471
-3,834
201,713
150,192
40,916
128,636
Depreciation
33,809
35,551
30,333
16,430
17,118
16,571
21,045
26,423
31,498
Amortisation
Tax
-226,322
-64,337
-38,325
-28,526
-7,898
-25,829
Stock
Debtors
212,280
-1,318,000
1,074,000
264,000
-48,000
48,000
-6,166
3,612
2,554
Creditors
-492,451
94,218
398,233
Accruals and Deferred Income
-53,061
-327,850
202,245
44,120
-10,548
-67,834
272,780
Deferred Taxes & Provisions
4,028
-1,546
13,587
-213
8,570
-680
141
-211
1,677
Cash flow from operations
-324,034
893,663
132,788
70,471
59,306
63,445
-70,653
149,836
531,661
Investing Activities
capital expenditure
-28,594
-21,802
-101,846
-19,382
-38,152
-10,603
-30,992
-442,069
-125,990
Change in Investments
cash flow from investments
-28,594
-21,802
-101,846
-19,382
-38,152
-10,603
-30,992
-442,069
-125,990
Financing Activities
Bank loans
Group/Directors Accounts
-1,538
-4,113
5,588
-3,896
-4,095
129
55,924
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
999
1
interest
47,863
34,610
4,223
144
111
-57
651
508
cash flow from financing
46,325
30,497
9,811
-3,752
-3,984
129
56,866
651
509
cash and cash equivalents
cash
-306,303
902,358
40,753
47,337
17,170
52,971
-64,779
-291,582
406,180
overdraft
change in cash
-306,303
902,358
40,753
47,337
17,170
52,971
-64,779
-291,582
406,180
responsible engineering services limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for responsible engineering services limited. Get real-time insights into responsible engineering services limited's credit score, group structure and payment trends.
Perform a competitor analysis for responsible engineering services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BB5 area or any other competitors across 12 key performance metrics.
Responsible Engineering Services Limited currently has 2 directors.
The longest serving directors include
Mr Clive Nattrass (Oct 2015) and
Mrs Karen Nattrass (Jan 2019).
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 responsible engineering services limited.
responsible engineering services limited Capital Raised & Share Issues BETA
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responsible engineering services limitedCompanies House Filings - See Documents
