rc developments (martello) limited
rc developments (martello) limited Company Information
Company Number
10194598
Next Accounts
Feb 2026
Shareholders
david martin
hilmark
View AllGroup Structure
View All
Industry
Construction of domestic buildings
Registered Address
2 st. james's street, london, SW1A 1EF
Website
-rc developments (martello) limited Estimated Valuation
Pomanda estimates the enterprise value of RC DEVELOPMENTS (MARTELLO) LIMITED at £145.6k based on a Turnover of £539.3k and 0.27x industry multiple (adjusted for size and gross margin).
rc developments (martello) limited Estimated Valuation
Pomanda estimates the enterprise value of RC DEVELOPMENTS (MARTELLO) LIMITED at £0 based on an EBITDA of £-84k and a 2.43x industry multiple (adjusted for size and gross margin).
rc developments (martello) limited Estimated Valuation
Pomanda estimates the enterprise value of RC DEVELOPMENTS (MARTELLO) LIMITED at £0 based on Net Assets of £-1.5m and 1.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Rc Developments (martello) Limited Overview
Rc Developments (martello) Limited is a live company located in london, SW1A 1EF with a Companies House number of 10194598. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in May 2016, it's largest shareholder is david martin with a 50% stake. Rc Developments (martello) Limited is a young, small sized company, Pomanda has estimated its turnover at £539.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Rc Developments (martello) Limited Health Check
Pomanda's financial health check has awarded Rc Developments (Martello) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £539.3k, make it larger than the average company (£375.1k)
- Rc Developments (martello) Limited
£375.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (10.3%)
- Rc Developments (martello) Limited
10.3% - Industry AVG
Production
with a gross margin of 10.1%, this company has a higher cost of product (20.6%)
- Rc Developments (martello) Limited
20.6% - Industry AVG
Profitability
an operating margin of -15.6% make it less profitable than the average company (4.6%)
- Rc Developments (martello) Limited
4.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Rc Developments (martello) Limited
3 - Industry AVG
Pay Structure
on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)
- Rc Developments (martello) Limited
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £539.3k, this is more efficient (£170.9k)
- Rc Developments (martello) Limited
£170.9k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (24 days)
- Rc Developments (martello) Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 138 days, this is slower than average (30 days)
- Rc Developments (martello) Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 470 days, this is more than average (279 days)
- Rc Developments (martello) Limited
279 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (13 weeks)
3 weeks - Rc Developments (martello) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 339.3%, this is a higher level of debt than the average (70%)
339.3% - Rc Developments (martello) Limited
70% - Industry AVG
RC DEVELOPMENTS (MARTELLO) LIMITED financials
Rc Developments (Martello) Limited's latest turnover from May 2024 is estimated at £539.3 thousand and the company has net assets of -£1.5 million. According to their latest financial statements, we estimate that Rc Developments (Martello) Limited has 1 employee and maintains cash reserves of £14.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 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 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | ||||||||
| Stock & work in progress | 625,000 | 625,000 | 1,080,203 | 2,850,000 | 2,900,000 | 2,350,000 | 1,850,000 | |
| Trade Debtors | 4,578 | 2,300 | 44 | 1,190 | 3,636 | |||
| Group Debtors | ||||||||
| Misc Debtors | 3,498 | 209 | ||||||
| Cash | 14,102 | 19,226 | 18,015 | 12,573 | 4,841 | 35,665 | ||
| misc current assets | ||||||||
| total current assets | 643,680 | 646,526 | 1,098,218 | 2,862,617 | 2,901,190 | 2,358,477 | 1,889,163 | 209 |
| total assets | 643,680 | 646,526 | 1,098,218 | 2,862,617 | 2,901,190 | 2,358,477 | 1,889,163 | 209 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 184,101 | 150,599 | 115,976 | 149,911 | 213,777 | 23,074 | 32,579 | 1,140 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 418 | 269 | 222 | |||||
| total current liabilities | 184,101 | 150,599 | 115,976 | 149,911 | 213,777 | 23,492 | 32,848 | 1,362 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 1,999,981 | 1,953,238 | 1,789,916 | 3,380,658 | 2,714,093 | 2,365,138 | 1,894,579 | |
| provisions | ||||||||
| total long term liabilities | 1,999,981 | 1,953,238 | 1,789,916 | 3,380,658 | 2,714,093 | 2,365,138 | 1,894,579 | |
| total liabilities | 2,184,082 | 2,103,837 | 1,905,892 | 3,530,569 | 2,927,870 | 2,388,630 | 1,927,427 | 1,362 |
| net assets | -1,540,402 | -1,457,311 | -807,674 | -667,952 | -26,680 | -30,153 | -38,264 | -1,153 |
| total shareholders funds | -1,540,402 | -1,457,311 | -807,674 | -667,952 | -26,680 | -30,153 | -38,264 | -1,153 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | -455,203 | -1,769,797 | -50,000 | 550,000 | 500,000 | 1,850,000 | ||
| Debtors | 2,278 | 2,300 | -44 | -1,146 | -2,446 | 138 | 3,289 | 209 |
| Creditors | 33,502 | 34,623 | -33,935 | -63,866 | 190,703 | -9,505 | 31,439 | 1,140 |
| Accruals and Deferred Income | -418 | 149 | 47 | 222 | ||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| 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 | 46,743 | 163,322 | -1,590,742 | 666,565 | 348,955 | 470,559 | 1,894,579 | |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -5,124 | 1,211 | 5,442 | 12,573 | -4,841 | -30,824 | 35,665 | |
| overdraft | ||||||||
| change in cash | -5,124 | 1,211 | 5,442 | 12,573 | -4,841 | -30,824 | 35,665 |
rc developments (martello) limited Credit Report and Business Information
Rc Developments (martello) Limited Competitor Analysis
Perform a competitor analysis for rc developments (martello) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SW1A area or any other competitors across 12 key performance metrics.
rc developments (martello) limited Ownership
RC DEVELOPMENTS (MARTELLO) LIMITED group structure
Rc Developments (Martello) Limited has no subsidiary companies.
Ultimate parent company
RC DEVELOPMENTS (MARTELLO) LIMITED
10194598
rc developments (martello) limited directors
Rc Developments (Martello) Limited currently has 3 directors. The longest serving directors include Mr James Webb (May 2016) and Mr Giles White (May 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Webb | England | 60 years | May 2016 | - | Director |
| Mr Giles White | England | 49 years | May 2016 | - | Director |
| Mr David Martin | England | 61 years | Feb 2018 | - | Director |
P&L
May 2024turnover
539.3k
+33%
operating profit
-84k
0%
gross margin
10.1%
-7.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
-1.5m
+0.06%
total assets
643.7k
0%
cash
14.1k
-0.27%
net assets
Total assets minus all liabilities
rc developments (martello) limited company details
company number
10194598
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
May 2024
previous names
N/A
accountant
HILDEN PARK ACCOUNTANTS LIMITED
auditor
-
address
2 st. james's street, london, SW1A 1EF
Bank
-
Legal Advisor
-
rc developments (martello) 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 5 charges/mortgages relating to rc developments (martello) limited. Currently there are 2 open charges and 3 have been satisfied in the past.
rc developments (martello) 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 RC DEVELOPMENTS (MARTELLO) LIMITED. This can take several minutes, an email will notify you when this has completed.
rc developments (martello) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
