Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Pomanda estimates the enterprise value of RX BRIDGE LIMITED at £17.2m based on a Turnover of £14.5m and 1.18x industry multiple (adjusted for size and gross margin).
rx bridge limitedEstimated Valuation
£10.3m
Pomanda estimates the enterprise value of RX BRIDGE LIMITED at £10.3m based on an EBITDA of £2.3m and a 4.51x industry multiple (adjusted for size and gross margin).
rx bridge limitedEstimated Valuation
£7.6m
Pomanda estimates the enterprise value of RX BRIDGE LIMITED at £7.6m based on Net Assets of £4.2m and 1.8x industry multiple (adjusted for liquidity).
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Rx Bridge LimitedOverview
Rx Bridge Limited is a live company located in london, WC1B 3SR with a Companies House number of 09972799. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in January 2016, it's largest shareholder is
woodsford tradebridge limited
with a 100% stake. Rx Bridge Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£14.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Rx Bridge Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
4 Regular
2 Weak
Size
annual sales of £14.5m, make it larger than the average company (£4.8m)
£14.5m - Rx Bridge Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 104%, show it is growing at a faster rate (7.3%)
104% - Rx Bridge Limited
7.3% - Industry AVG
Production
with a gross margin of 35.6%, this company has a higher cost of product (59.8%)
35.6% - Rx Bridge Limited
59.8% - Industry AVG
Profitability
an operating margin of 15.8% make it as profitable than the average company (17.5%)
15.8% - Rx Bridge Limited
17.5% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (5)
4 - Rx Bridge Limited
5 - Industry AVG
Pay Structure
on an average salary of £64.7k, the company has an equivalent pay structure (£64.7k)
£64.7k - Rx Bridge Limited
£64.7k - Industry AVG
Efficiency
resulting in sales per employee of £3.6m, this is more efficient (£387.3k)
£3.6m - Rx Bridge Limited
£387.3k - Industry AVG
Debtor Days
it gets paid by customers after 246 days, this is near the average (276 days)
246 days - Rx Bridge Limited
276 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Rx Bridge Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rx Bridge Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (7 weeks)
1 weeks - Rx Bridge Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.9%, this is a lower level of debt than the average (88.8%)
78.9% - Rx Bridge Limited
88.8% - Industry AVG
RX BRIDGE LIMITED financials
EXPORT
Rx Bridge Limited's latest turnover from March 2024 is £14.5 million and the company has net assets of £4.2 million. According to their latest financial statements, Rx Bridge Limited has 4 employees and maintains cash reserves of £371.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Turnover
14,508,610
5,739,798
2,516,477
1,703,403
1,559,056
943,997
292,731
47,817
Other Income Or Grants
Cost Of Sales
9,340,888
4,262,306
1,580,290
99,204
158,396
92,878
30,882
Gross Profit
5,167,722
1,477,492
936,187
1,604,199
1,400,660
851,119
261,849
47,817
Admin Expenses
2,871,395
829,024
614,226
529,440
262,166
244,013
85,311
15,036
Operating Profit
2,296,327
648,468
321,961
1,074,759
1,138,494
607,106
176,538
32,781
Interest Payable
506
617,577
595,891
380,524
151,089
22,481
Interest Receivable
Pre-Tax Profit
2,296,327
647,962
321,961
457,182
542,603
226,582
25,449
10,300
Tax
-574,082
-123,113
-61,173
-86,865
-13,204
-4,835
Profit After Tax
1,722,245
524,849
260,788
370,317
529,399
221,747
25,449
10,300
Dividends Paid
Retained Profit
1,722,245
524,849
260,788
370,317
529,399
221,747
25,449
10,300
Employee Costs
258,628
242,161
240,069
227,878
209,914
149,890
239,700
244,400
Number Of Employees
4
4
4
4
4
3
5
5
EBITDA*
2,296,327
648,468
321,961
1,074,759
1,138,494
607,106
176,538
32,781
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Tangible Assets
Intangible Assets
Investments & Other
2
2
Debtors (Due After 1 year)
6,235,000
3,560,000
10,600,000
Total Fixed Assets
6,235,000
3,560,000
10,600,000
2
2
Stock & work in progress
Trade Debtors
9,796,694
6,965,924
17,118,296
20,368,735
18,761,866
10,724,255
5,488,055
941,712
Group Debtors
2,302,701
43,301
2,602,527
Misc Debtors
1,386,907
735,283
381,335
4,532
1,211
Cash
371,757
1,599
268,550
16,505,998
11,307,872
109
8,369
misc current assets
total current assets
13,858,059
7,746,107
20,370,708
36,874,733
30,069,738
10,728,787
5,489,375
950,081
total assets
20,093,059
11,306,107
30,970,708
36,874,733
30,069,740
10,728,789
5,489,375
950,081
Bank overdraft
17,719
Bank loan
12,384,168
7,561,943
5,392,193
2,502,713
Trade Creditors
96
2,742
341
Group/Directors Accounts
15,845,447
9,338,335
29,527,689
23,311,130
21,682,733
4,996,299
2,909,711
915,469
other short term finances
hp & lease commitments
other current liabilities
2,700
2,700
13,204
43,688
21,202
4,312
total current liabilities
15,845,447
9,341,035
29,530,485
35,695,298
29,260,622
10,450,240
5,433,626
919,781
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
15,845,447
9,341,035
29,530,485
35,695,298
29,260,622
10,450,240
5,433,626
919,781
net assets
4,247,612
1,965,072
1,440,223
1,179,435
809,118
278,549
55,749
30,300
total shareholders funds
4,247,612
1,965,072
1,440,223
1,179,435
809,118
278,549
55,749
30,300
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
2,296,327
648,468
321,961
1,074,759
1,138,494
607,106
176,538
32,781
Depreciation
Amortisation
Tax
-574,082
-123,113
-61,173
-86,865
-13,204
-4,835
Stock
Debtors
8,416,794
-19,397,650
10,333,423
1,606,869
8,033,079
5,239,521
4,547,554
941,712
Creditors
-96
96
-2,742
2,401
341
Accruals and Deferred Income
-2,700
2,700
-13,204
-30,484
22,486
16,890
4,312
Deferred Taxes & Provisions
Cash flow from operations
-6,697,249
19,922,909
-10,069,839
-634,921
-6,935,872
-4,614,423
-4,354,126
-904,619
Investing Activities
capital expenditure
Change in Investments
-2
2
cash flow from investments
2
-2
Financing Activities
Bank loans
-12,384,168
4,822,225
2,169,750
2,889,480
2,502,713
Group/Directors Accounts
6,507,112
-20,189,354
6,216,559
1,628,397
16,686,434
2,086,588
1,994,242
915,469
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
560,295
1,170
1,053
20,000
interest
-506
-617,577
-595,891
-380,524
-151,089
-22,481
cash flow from financing
7,067,407
-20,189,860
-6,167,609
5,833,045
18,261,463
4,596,597
4,345,866
912,988
cash and cash equivalents
cash
370,158
-266,951
-16,237,448
5,198,126
11,307,872
-109
-8,260
8,369
overdraft
-17,719
17,719
change in cash
370,158
-266,951
-16,237,448
5,198,126
11,325,591
-17,828
-8,260
8,369
rx bridge 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 rx bridge limited. Get real-time insights into rx bridge limited's credit score, group structure and payment trends.
Perform a competitor analysis for rx bridge limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in WC1B area or any other competitors across 12 key performance metrics.
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
SCOP 1994 TRUST
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
COTTONS ACCOUNTANTS LLP
address
8 bloomsbury street, london, WC1B 3SR
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
rx bridge 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 1 charges/mortgages relating to rx bridge limited. Currently there are 0 open charges and 1 have been satisfied in the past.
rx bridge 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.
Click to start generating capital raising & share issue transactions for RX BRIDGE LIMITED. This can take several minutes, an email will notify you when this has completed.
rx bridge limitedCompanies House Filings - See Documents
