road safety audit services ltd
road safety audit services ltd Company Information
Company Number
10042487
Website
www.road-safety-audit.co.ukRegistered Address
lawrence house 5, st. andrews hill, norwich, norfolk, NR2 1AD
Industry
Engineering related scientific and technical consulting activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Lee Thornton8 Years
Shareholders
margaret rose thornton 75%
lee thornton 25%
road safety audit services ltd Estimated Valuation
Pomanda estimates the enterprise value of ROAD SAFETY AUDIT SERVICES LTD at £61k based on a Turnover of £126.9k and 0.48x industry multiple (adjusted for size and gross margin).
road safety audit services ltd Estimated Valuation
Pomanda estimates the enterprise value of ROAD SAFETY AUDIT SERVICES LTD at £0 based on an EBITDA of £-61k and a 4.05x industry multiple (adjusted for size and gross margin).
road safety audit services ltd Estimated Valuation
Pomanda estimates the enterprise value of ROAD SAFETY AUDIT SERVICES LTD at £20.1k based on Net Assets of £7.4k and 2.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Road Safety Audit Services Ltd Overview
Road Safety Audit Services Ltd is a live company located in norwich, NR2 1AD with a Companies House number of 10042487. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in March 2016, it's largest shareholder is margaret rose thornton with a 75% stake. Road Safety Audit Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £126.9k with declining growth in recent years.
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Road Safety Audit Services Ltd Health Check
Pomanda's financial health check has awarded Road Safety Audit Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £126.9k, make it smaller than the average company (£744.6k)
- Road Safety Audit Services Ltd
£744.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (4.5%)
- Road Safety Audit Services Ltd
4.5% - Industry AVG
Production
with a gross margin of 23.1%, this company has a higher cost of product (37.1%)
- Road Safety Audit Services Ltd
37.1% - Industry AVG
Profitability
an operating margin of -49.1% make it less profitable than the average company (6.8%)
- Road Safety Audit Services Ltd
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - Road Safety Audit Services Ltd
9 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Road Safety Audit Services Ltd
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £63.4k, this is less efficient (£94.3k)
- Road Safety Audit Services Ltd
£94.3k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (74 days)
- Road Safety Audit Services Ltd
74 days - Industry AVG
Creditor Days
its suppliers are paid after 104 days, this is slower than average (26 days)
- Road Safety Audit Services Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Road Safety Audit Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (17 weeks)
16 weeks - Road Safety Audit Services Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.2%, this is a higher level of debt than the average (57.5%)
87.2% - Road Safety Audit Services Ltd
57.5% - Industry AVG
ROAD SAFETY AUDIT SERVICES LTD financials
Road Safety Audit Services Ltd's latest turnover from March 2023 is estimated at £126.9 thousand and the company has net assets of £7.4 thousand. According to their latest financial statements, Road Safety Audit Services Ltd has 2 employees and maintains cash reserves of £8.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | |||||||
| Tax | |||||||
| Profit After Tax | |||||||
| Dividends Paid | |||||||
| Retained Profit | |||||||
| Employee Costs | |||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,118 | 5,508 | 4,835 | 5,568 | 5,022 | 5,691 | 6,825 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,118 | 5,508 | 4,835 | 5,568 | 5,022 | 5,691 | 6,825 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 43,869 | 93,099 | 53,903 | 64,546 | 54,497 | 102,452 | 11,694 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 24,000 |
| Cash | 8,881 | 62,401 | 106,834 | 53,000 | 69,699 | 0 | 48,652 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 52,750 | 155,500 | 160,737 | 117,546 | 124,196 | 102,452 | 84,346 |
| total assets | 57,868 | 161,008 | 165,572 | 123,114 | 129,218 | 108,143 | 91,171 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 27,825 | 60,132 | 97,510 | 112,349 | 118,593 | 107,561 | 10,440 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 79,244 |
| total current liabilities | 27,825 | 60,132 | 97,510 | 112,349 | 118,593 | 107,561 | 89,684 |
| loans | 0 | 0 | 1,667 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 21,667 | 31,667 | 40,000 | 0 | 0 | 0 | 0 |
| provisions | 972 | 1,047 | 304 | 1,058 | 562 | 0 | 1,365 |
| total long term liabilities | 22,639 | 32,714 | 41,971 | 1,058 | 562 | 0 | 1,365 |
| total liabilities | 50,464 | 92,846 | 139,481 | 113,407 | 119,155 | 107,561 | 91,049 |
| net assets | 7,404 | 68,162 | 26,091 | 9,707 | 10,063 | 582 | 122 |
| total shareholders funds | 7,404 | 68,162 | 26,091 | 9,707 | 10,063 | 582 | 122 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 1,226 | 1,198 | 1,024 | 1,119 | 1,653 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -49,230 | 39,196 | -10,643 | 10,049 | -47,955 | 66,758 | 35,694 |
| Creditors | -32,307 | -37,378 | -14,839 | -6,244 | 11,032 | 97,121 | 10,440 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -79,244 | 79,244 |
| Deferred Taxes & Provisions | -75 | 743 | -754 | 496 | 562 | -1,365 | 1,365 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -1,667 | 1,667 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -10,000 | -8,333 | 40,000 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -53,520 | -44,433 | 53,834 | -16,699 | 69,699 | -48,652 | 48,652 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -53,520 | -44,433 | 53,834 | -16,699 | 69,699 | -48,652 | 48,652 |
road safety audit services ltd Credit Report and Business Information
Road Safety Audit Services Ltd Competitor Analysis
Perform a competitor analysis for road safety audit services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NR2 area or any other competitors across 12 key performance metrics.
road safety audit services ltd Ownership
ROAD SAFETY AUDIT SERVICES LTD group structure
Road Safety Audit Services Ltd has no subsidiary companies.
Ultimate parent company
ROAD SAFETY AUDIT SERVICES LTD
10042487
road safety audit services ltd directors
Road Safety Audit Services Ltd currently has 1 director, Mr Lee Thornton serving since Mar 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Thornton | England | 49 years | Mar 2016 | - | Director |
P&L
March 2023turnover
126.9k
-38%
operating profit
-62.3k
0%
gross margin
23.1%
-7.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
7.4k
-0.89%
total assets
57.9k
-0.64%
cash
8.9k
-0.86%
net assets
Total assets minus all liabilities
road safety audit services ltd company details
company number
10042487
Type
Private limited with Share Capital
industry
71122 - Engineering related scientific and technical consulting activities
incorporation date
March 2016
age
8
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
N/A
accountant
MITCHELL GORDON LLP
auditor
-
address
lawrence house 5, st. andrews hill, norwich, norfolk, NR2 1AD
Bank
-
Legal Advisor
-
road safety audit services ltd 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 road safety audit services ltd.
road safety audit services ltd Companies House Filings - See Documents
| date | description | view/download |
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