raffles inc limited
raffles inc limited Company Information
Company Number
10195658
Website
-Registered Address
c/o begbies traynor (central) ll, 31st floor, london, E14 5NR
Industry
Licensed restaurants
Telephone
-
Next Accounts Due
598 days late
Group Structure
View All
Directors
Rukshana Hoque8 Years
Shareholders
rukshana hoque 100%
raffles inc limited Estimated Valuation
Pomanda estimates the enterprise value of RAFFLES INC LIMITED at £45k based on a Turnover of £98.1k and 0.46x industry multiple (adjusted for size and gross margin).
raffles inc limited Estimated Valuation
Pomanda estimates the enterprise value of RAFFLES INC LIMITED at £83.3k based on an EBITDA of £23.9k and a 3.49x industry multiple (adjusted for size and gross margin).
raffles inc limited Estimated Valuation
Pomanda estimates the enterprise value of RAFFLES INC LIMITED at £3.2k based on Net Assets of £1k and 3.04x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Raffles Inc Limited Overview
Raffles Inc Limited is a live company located in london, E14 5NR with a Companies House number of 10195658. It operates in the licenced restaurants sector, SIC Code 56101. Founded in May 2016, it's largest shareholder is rukshana hoque with a 100% stake. Raffles Inc Limited is a young, micro sized company, Pomanda has estimated its turnover at £98.1k with declining growth in recent years.
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Raffles Inc Limited Health Check
Pomanda's financial health check has awarded Raffles Inc Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £98.1k, make it smaller than the average company (£692.9k)
- Raffles Inc Limited
£692.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (-12.3%)
- Raffles Inc Limited
-12.3% - Industry AVG
Production
with a gross margin of 26.9%, this company has a higher cost of product (58.7%)
- Raffles Inc Limited
58.7% - Industry AVG
Profitability
an operating margin of 24.4% make it more profitable than the average company (-3.4%)
- Raffles Inc Limited
-3.4% - Industry AVG
Employees
with 5 employees, this is below the industry average (35)
5 - Raffles Inc Limited
35 - Industry AVG
Pay Structure
on an average salary of £16.8k, the company has an equivalent pay structure (£16.8k)
- Raffles Inc Limited
£16.8k - Industry AVG
Efficiency
resulting in sales per employee of £19.6k, this is less efficient (£31.2k)
- Raffles Inc Limited
£31.2k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (5 days)
- Raffles Inc Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 104 days, this is slower than average (52 days)
- Raffles Inc Limited
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Raffles Inc Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Raffles Inc Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.9%, this is a similar level of debt than the average (92.3%)
98.9% - Raffles Inc Limited
92.3% - Industry AVG
RAFFLES INC LIMITED financials
Raffles Inc Limited's latest turnover from May 2021 is estimated at £98.1 thousand and the company has net assets of £1 thousand. According to their latest financial statements, Raffles Inc Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 5 | 5 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 85,572 | 42,095 | 51,543 | 44,743 | 25,920 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 85,572 | 42,095 | 51,543 | 44,743 | 25,920 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,403 | 19,782 | 20,266 | 13,650 | 17,782 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,403 | 19,782 | 20,266 | 13,650 | 17,782 |
| total assets | 94,975 | 61,877 | 71,809 | 58,393 | 43,702 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,588 | 38,953 | 18,373 | 21,841 | 13,941 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 20,588 | 38,953 | 18,373 | 21,841 | 13,941 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 73,348 | 41,256 | 49,920 | 31,450 | 31,450 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 73,348 | 41,256 | 49,920 | 31,450 | 31,450 |
| total liabilities | 93,936 | 80,209 | 68,293 | 53,291 | 45,391 |
| net assets | 1,039 | -18,332 | 3,516 | 5,102 | -1,689 |
| total shareholders funds | 1,039 | -18,332 | 3,516 | 5,102 | -1,689 |
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -10,379 | -484 | 6,616 | -4,132 | 17,782 |
| Creditors | -18,365 | 20,580 | -3,468 | 7,900 | 13,941 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 32,092 | -8,664 | 18,470 | 0 | 31,450 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
raffles inc limited Credit Report and Business Information
Raffles Inc Limited Competitor Analysis
Perform a competitor analysis for raffles inc limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in E14 area or any other competitors across 12 key performance metrics.
raffles inc limited Ownership
RAFFLES INC LIMITED group structure
Raffles Inc Limited has no subsidiary companies.
Ultimate parent company
RAFFLES INC LIMITED
10195658
raffles inc limited directors
Raffles Inc Limited currently has 1 director, Mrs Rukshana Hoque serving since Aug 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Rukshana Hoque | England | 50 years | Aug 2016 | - | Director |
P&L
May 2021turnover
98.1k
-51%
operating profit
23.9k
0%
gross margin
27%
-27.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2021net assets
1k
-1.06%
total assets
95k
+0.53%
cash
0
0%
net assets
Total assets minus all liabilities
raffles inc limited company details
company number
10195658
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
May 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2021
previous names
N/A
accountant
-
auditor
-
address
c/o begbies traynor (central) ll, 31st floor, london, E14 5NR
Bank
-
Legal Advisor
-
raffles inc 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 raffles inc limited.
raffles inc limited Companies House Filings - See Documents
| date | description | view/download |
|---|
