rapid fix ceilings & partitions limited

rapid fix ceilings & partitions limited Company Information

Share RAPID FIX CEILINGS & PARTITIONS LIMITED
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Company Number

09866962

Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 

Directors

Teala White

Paul White

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Shareholders

mna holdings limited

ptw holdings limited

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Group Structure

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Contact

Registered Address

8 castlegate, tickhill, doncaster, DN11 9QU

rapid fix ceilings & partitions limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of RAPID FIX CEILINGS & PARTITIONS LIMITED at £1.6m based on a Turnover of £3.5m and 0.45x industry multiple (adjusted for size and gross margin).

rapid fix ceilings & partitions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RAPID FIX CEILINGS & PARTITIONS LIMITED at £0 based on an EBITDA of £-115.5k and a 4.15x industry multiple (adjusted for size and gross margin).

rapid fix ceilings & partitions limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of RAPID FIX CEILINGS & PARTITIONS LIMITED at £1.8m based on Net Assets of £797.5k and 2.27x industry multiple (adjusted for liquidity).

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Rapid Fix Ceilings & Partitions Limited Overview

Rapid Fix Ceilings & Partitions Limited is a live company located in doncaster, DN11 9QU with a Companies House number of 09866962. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in November 2015, it's largest shareholder is mna holdings limited with a 33.3% stake. Rapid Fix Ceilings & Partitions Limited is a established, small sized company, Pomanda has estimated its turnover at £3.5m with healthy growth in recent years.

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Rapid Fix Ceilings & Partitions Limited Health Check

Pomanda's financial health check has awarded Rapid Fix Ceilings & Partitions Limited a 4.5 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

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £3.5m, make it smaller than the average company (£7.3m)

£3.5m - Rapid Fix Ceilings & Partitions Limited

£7.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (11.1%)

6% - Rapid Fix Ceilings & Partitions Limited

11.1% - Industry AVG

production

Production

with a gross margin of 25%, this company has a comparable cost of product (25%)

25% - Rapid Fix Ceilings & Partitions Limited

25% - Industry AVG

profitability

Profitability

an operating margin of -3.6% make it less profitable than the average company (6.5%)

-3.6% - Rapid Fix Ceilings & Partitions Limited

6.5% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (31)

10 - Rapid Fix Ceilings & Partitions Limited

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £49k, the company has an equivalent pay structure (£49k)

£49k - Rapid Fix Ceilings & Partitions Limited

£49k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £352.7k, this is more efficient (£195.2k)

£352.7k - Rapid Fix Ceilings & Partitions Limited

£195.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (54 days)

0 days - Rapid Fix Ceilings & Partitions Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 48 days, this is slower than average (36 days)

48 days - Rapid Fix Ceilings & Partitions Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 156 days, this is more than average (12 days)

156 days - Rapid Fix Ceilings & Partitions Limited

12 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (21 weeks)

29 weeks - Rapid Fix Ceilings & Partitions Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 62%, this is a similar level of debt than the average (60.2%)

62% - Rapid Fix Ceilings & Partitions Limited

60.2% - Industry AVG

RAPID FIX CEILINGS & PARTITIONS LIMITED financials

EXPORTms excel logo

Rapid Fix Ceilings & Partitions Limited's latest turnover from March 2024 is estimated at £3.5 million and the company has net assets of £797.5 thousand. According to their latest financial statements, Rapid Fix Ceilings & Partitions Limited has 10 employees and maintains cash reserves of £747.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover3,526,8894,020,3924,274,3102,931,4563,777,4803,297,3151,390,366515,401
Other Income Or Grants00000000
Cost Of Sales2,643,7893,015,8703,226,6442,237,2782,847,8162,464,8661,032,836380,825
Gross Profit883,1001,004,5221,047,667694,178929,664832,449357,530134,576
Admin Expenses1,009,915366,5661,050,567722,458635,301755,751297,649131,278
Operating Profit-126,815637,956-2,900-28,280294,36376,69859,8813,298
Interest Payable00000000
Interest Receivable52,64631,2195,7991,0075421,78236696
Pre-Tax Profit-74,169669,1742,899-27,273294,90578,48060,2473,394
Tax0-127,143-5510-56,032-14,911-11,447-679
Profit After Tax-74,169542,0312,348-27,273238,87363,56948,8002,715
Dividends Paid00000000
Retained Profit-74,169542,0312,348-27,273238,87363,56948,8002,715
Employee Costs489,606408,009344,827376,034340,782210,172367,012160,274
Number Of Employees109898594
EBITDA*-115,500656,09510,976-16,634299,95080,90964,9064,999

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets45,75057,06531,43723,02311,35313,22415,0765,101
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets45,75057,06531,43723,02311,35313,22415,0765,101
Stock & work in progress1,131,600891,215775,854370,696714,995581,36262,91322,679
Trade Debtors6,498129,578000000
Group Debtors00000000
Misc Debtors169,866343,031160,816185,328103,463112,66460,0900
Cash747,2031,258,354210,7521,335,552678,966405,49969,77076,456
misc current assets00000000
total current assets2,055,1672,622,1781,147,4221,891,5761,497,4241,099,525192,77399,135
total assets2,100,9172,679,2431,178,8591,914,5991,508,7771,112,749207,849104,236
Bank overdraft00000000
Bank loan00000000
Trade Creditors 353,184836,330393,374368,451305,877308,32800
Group/Directors Accounts65,882189,15136,6571,89074,41900429
other short term finances00000000
hp & lease commitments00000000
other current liabilities884,357782,099419,1961,216,974773,924688,737156,134100,892
total current liabilities1,303,4231,807,580849,2271,587,3151,154,220997,065156,134101,321
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities00000000
total liabilities1,303,4231,807,580849,2271,587,3151,154,220997,065156,134101,321
net assets797,494871,663329,632327,284354,557115,68451,7152,915
total shareholders funds797,494871,663329,632327,284354,557115,68451,7152,915
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit-126,815637,956-2,900-28,280294,36376,69859,8813,298
Depreciation11,31518,13913,87611,6465,5874,2115,0251,701
Amortisation00000000
Tax0-127,143-5510-56,032-14,911-11,447-679
Stock240,385115,361405,158-344,299133,633518,44940,23422,679
Debtors-296,245311,793-24,51281,865-9,20152,57460,0900
Creditors-483,146442,95624,92362,574-2,451308,32800
Accruals and Deferred Income102,258362,903-797,778443,05085,187532,60355,242100,892
Deferred Taxes & Provisions00000000
Cash flow from operations-440,528907,657-1,143,076751,424202,222335,9068,37782,533
Investing Activities
capital expenditure0-43,767-22,290-23,316-3,716-2,359-15,000-6,802
Change in Investments00000000
cash flow from investments0-43,767-22,290-23,316-3,716-2,359-15,000-6,802
Financing Activities
Bank loans00000000
Group/Directors Accounts-123,269152,49434,767-72,52974,4190-429429
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue000004000200
interest52,64631,2195,7991,0075421,78236696
cash flow from financing-70,623183,71340,566-71,52274,9612,182-63725
cash and cash equivalents
cash-511,1511,047,602-1,124,800656,586273,467335,729-6,68676,456
overdraft00000000
change in cash-511,1511,047,602-1,124,800656,586273,467335,729-6,68676,456

rapid fix ceilings & partitions 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 Fix Ceilings & Partitions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rapid fix ceilings & partitions limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DN11 area or any other competitors across 12 key performance metrics.

rapid fix ceilings & partitions limited Ownership

RAPID FIX CEILINGS & PARTITIONS LIMITED group structure

Rapid Fix Ceilings & Partitions Limited has no subsidiary companies.

Ultimate parent company

RAPID FIX CEILINGS & PARTITIONS LIMITED

09866962

RAPID FIX CEILINGS & PARTITIONS LIMITED Shareholders

mna holdings limited 33.33%
ptw holdings limited 33.33%
stanhurst systems limited 33.33%

rapid fix ceilings & partitions limited directors

Rapid Fix Ceilings & Partitions Limited currently has 4 directors. The longest serving directors include Mrs Teala White (Nov 2015) and Mr Paul White (Nov 2015).

officercountryagestartendrole
Mrs Teala WhiteEngland54 years Nov 2015- Director
Mr Paul WhiteEngland54 years Nov 2015- Director
Mr Daniel ElwellEngland35 years May 2018- Director
Mr Mark AylwardUnited Kingdom45 years Jan 2019- Director

P&L

March 2024

turnover

3.5m

-12%

operating profit

-126.8k

0%

gross margin

25.1%

+0.21%

turnover

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

Balance Sheet

March 2024

net assets

797.5k

-0.09%

total assets

2.1m

-0.22%

cash

747.2k

-0.41%

net assets

Total assets minus all liabilities

rapid fix ceilings & partitions limited company details

company number

09866962

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

November 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

ENTERPRISE CHARTERED CERTIFIED ACCOUNTANTS

auditor

-

address

8 castlegate, tickhill, doncaster, DN11 9QU

Bank

-

Legal Advisor

-

rapid fix ceilings & partitions 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 fix ceilings & partitions limited.

rapid fix ceilings & partitions 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 fix ceilings & partitions limited Companies House Filings - See Documents

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