Pomanda estimates the enterprise value of RULA DEVELOPMENTS LIMITED at £42.8m based on a Turnover of £57.8m and 0.74x industry multiple (adjusted for size and gross margin).
rula developments limitedEstimated Valuation
£64.2m
Pomanda estimates the enterprise value of RULA DEVELOPMENTS LIMITED at £64.2m based on an EBITDA of £8.7m and a 7.36x industry multiple (adjusted for size and gross margin).
rula developments limitedEstimated Valuation
£15.7m
Pomanda estimates the enterprise value of RULA DEVELOPMENTS LIMITED at £15.7m based on Net Assets of £10.4m and 1.5x industry multiple (adjusted for liquidity).
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Rula Developments LimitedOverview
Rula Developments Limited is a live company located in doncaster, DN10 6JY with a Companies House number of 10272564. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in July 2016, it's largest shareholder is
b & n ward family investments limited
with a 50% stake. Rula Developments Limited is a young,
large sized company, Pomanda has estimated its turnover at
£57.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Rula Developments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
1 Regular
3 Weak
Size
annual sales of £57.8m, make it larger than the average company (£11.4m)
£57.8m - Rula Developments Limited
£11.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 152%, show it is growing at a faster rate (9.1%)
152% - Rula Developments Limited
9.1% - Industry AVG
Production
with a gross margin of 18.2%, this company has a comparable cost of product (16%)
18.2% - Rula Developments Limited
16% - Industry AVG
Profitability
an operating margin of 15.1% make it more profitable than the average company (4.5%)
15.1% - Rula Developments Limited
4.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (32)
4 - Rula Developments Limited
32 - Industry AVG
Pay Structure
on an average salary of £151.8k, the company has a higher pay structure (£55.2k)
£151.8k - Rula Developments Limited
£55.2k - Industry AVG
Efficiency
resulting in sales per employee of £14.4m, this is more efficient (£336.5k)
£14.4m - Rula Developments Limited
£336.5k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (47 days)
1 days - Rula Developments Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (39 days)
10 days - Rula Developments Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (17 days)
13 days - Rula Developments Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 135 weeks, this is more cash available to meet short term requirements (22 weeks)
135 weeks - Rula Developments Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26%, this is a lower level of debt than the average (67.7%)
26% - Rula Developments Limited
67.7% - Industry AVG
RULA DEVELOPMENTS LIMITED financials
EXPORT
Rula Developments Limited's latest turnover from March 2024 is £57.8 million and the company has net assets of £10.4 million. According to their latest financial statements, Rula Developments Limited has 4 employees and maintains cash reserves of £9.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Turnover
57,752,405
52,958,354
3,598,870
989,932
217,322
8,984,482
1,303,603
Other Income Or Grants
Cost Of Sales
47,246,580
41,941,185
3,047,082
843,944
182,578
7,557,216
1,095,614
Gross Profit
10,505,825
11,017,169
551,788
145,988
34,744
1,427,266
207,989
Admin Expenses
1,786,492
2,255,504
115,589
551,323
470,543
645,130
627,807
Operating Profit
8,719,333
8,761,665
436,199
-405,335
-435,799
782,136
-419,818
Interest Payable
1,980,787
279,115
Interest Receivable
49,299
438
172
32
208
246
59
Pre-Tax Profit
6,848,753
8,482,988
436,370
-405,303
-435,591
782,381
-419,759
Tax
-1,631,029
-1,612,565
-82,910
-148,652
Profit After Tax
5,217,724
6,870,423
353,460
-405,303
-435,591
633,729
-419,759
Dividends Paid
1,384,330
Retained Profit
3,833,394
6,870,423
353,460
-405,303
-435,591
633,729
-419,759
Employee Costs
607,070
573,999
101,776
99,850
101,678
97,621
140,684
Number Of Employees
4
4
2
2
2
2
3
EBITDA*
8,733,342
8,777,668
437,489
-403,401
-430,748
787,972
-413,833
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Tangible Assets
66,819
78,774
85,643
1,583
2,590
7,641
12,853
Intangible Assets
Investments & Other
4
4
2
2
2
1
1
Debtors (Due After 1 year)
Total Fixed Assets
66,823
78,778
85,645
1,585
2,592
7,642
12,854
Stock & work in progress
1,747,047
3,830,829
892,537
174,936
255,926
406,563
Trade Debtors
225,000
4,953,619
687,423
4,529
2,270,762
4,751
Group Debtors
967,079
979,539
48,499
47,499
475,088
39,999
10,818
Misc Debtors
1,548,592
15,165
220,540
90,391
119,145
83,098
162,133
Cash
9,538,383
1,548,254
86,086
51,116
13,474
41,960
23,542
misc current assets
total current assets
14,026,101
11,327,406
1,935,085
363,942
612,236
2,691,745
607,807
total assets
14,092,924
11,406,184
2,020,730
365,527
614,828
2,699,387
620,661
Bank overdraft
Bank loan
Trade Creditors
1,412,728
433,274
304,888
113,176
12,893
921,160
205,593
Group/Directors Accounts
3
80,769
89,767
950,182
820,000
other short term finances
hp & lease commitments
other current liabilities
2,243,840
4,289,182
1,893,539
873,275
817,556
608,075
8,827
total current liabilities
3,656,571
4,803,225
2,288,194
986,451
830,449
2,479,417
1,034,420
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
3,656,571
4,803,225
2,288,194
986,451
830,449
2,479,417
1,034,420
net assets
10,436,353
6,602,959
-267,464
-620,924
-215,621
219,970
-413,759
total shareholders funds
10,436,353
6,602,959
-267,464
-620,924
-215,621
219,970
-413,759
Mar 2024
Mar 2023
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Operating Activities
Operating Profit
8,719,333
8,761,665
436,199
-405,335
-435,799
782,136
-419,818
Depreciation
14,009
16,003
1,290
1,934
5,051
5,836
5,985
Amortisation
Tax
-1,631,029
-1,612,565
-82,910
-148,652
Stock
-2,083,782
3,830,829
717,601
174,936
-255,926
-150,637
406,563
Debtors
-3,207,652
5,948,323
818,572
-460,872
-1,795,097
2,216,157
177,702
Creditors
979,454
433,274
191,712
100,283
-908,267
715,567
205,593
Accruals and Deferred Income
-2,045,342
4,289,182
1,020,264
55,719
209,481
599,248
8,827
Deferred Taxes & Provisions
Cash flow from operations
11,327,859
2,108,407
30,382
38,537
921,489
-111,385
-783,678
Investing Activities
capital expenditure
-85,350
-927
-624
-18,838
Change in Investments
4
1
1
cash flow from investments
-4
-85,350
-927
-1
-624
-18,839
Financing Activities
Bank loans
Group/Directors Accounts
-80,766
80,769
89,767
-950,182
130,182
820,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-267,464
6,000
interest
-1,931,488
-278,677
172
32
208
246
59
cash flow from financing
-2,012,254
-465,372
89,939
32
-949,974
130,428
826,059
cash and cash equivalents
cash
7,990,129
1,548,254
34,970
37,642
-28,486
18,418
23,542
overdraft
change in cash
7,990,129
1,548,254
34,970
37,642
-28,486
18,418
23,542
rula developments 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 rula developments limited. Get real-time insights into rula developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for rula developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in DN10 area or any other competitors across 12 key performance metrics.
rula developments limited Ownership
RULA DEVELOPMENTS LIMITED group structure
Rula Developments Limited has 3 subsidiary companies.
The largest shareholders in Rula Developments Limited include B & N Ward Family Investments Limited and Coda Investments (Holdings) Ltd.
b & n ward family investments limited
50%
coda investments (holdings) ltd
40%
richland family investment company limited
10%
rula developments limited directors
Rula Developments Limited currently has 5 directors.
The longest serving directors include
Mr Thomas Williams (Aug 2016) and
Mr Benjamin Ward (Nov 2016).
ottersway house top street, bawtry, doncaster, DN10 6JY
Bank
-
Legal Advisor
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rula developments 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 rula developments limited. Currently there are 0 open charges and 1 have been satisfied in the past.
rula developments 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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rula developments limitedCompanies House Filings - See Documents
