rain city developments (enr) limited
rain city developments (enr) limited Company Information
Company Number
10334037
Next Accounts
1007 days late
Shareholders
bmn enr limited
gmn property limited
Group Structure
View All
Industry
Development of building projects
Registered Address
13 the edge clowes street, salford, M3 5NB
Website
-rain city developments (enr) limited Estimated Valuation
Pomanda estimates the enterprise value of RAIN CITY DEVELOPMENTS (ENR) LIMITED at £24.1k based on a Turnover of £71.5k and 0.34x industry multiple (adjusted for size and gross margin).
rain city developments (enr) limited Estimated Valuation
Pomanda estimates the enterprise value of RAIN CITY DEVELOPMENTS (ENR) LIMITED at £200.6k based on an EBITDA of £77.5k and a 2.59x industry multiple (adjusted for size and gross margin).
rain city developments (enr) limited Estimated Valuation
Pomanda estimates the enterprise value of RAIN CITY DEVELOPMENTS (ENR) LIMITED at £172.7k based on Net Assets of £115.6k and 1.49x industry multiple (adjusted for liquidity).
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Rain City Developments (enr) Limited Overview
Rain City Developments (enr) Limited is a live company located in salford, M3 5NB with a Companies House number of 10334037. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2016, it's largest shareholder is bmn enr limited with a 70% stake. Rain City Developments (enr) Limited is a young, micro sized company, Pomanda has estimated its turnover at £71.5k with unknown growth in recent years.
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Rain City Developments (enr) Limited Health Check
Pomanda's financial health check has awarded Rain City Developments (Enr) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £71.5k, make it smaller than the average company (£1.9m)
- Rain City Developments (enr) Limited
£1.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rain City Developments (enr) Limited
- - Industry AVG
Production
with a gross margin of 9.8%, this company has a higher cost of product (26%)
- Rain City Developments (enr) Limited
26% - Industry AVG
Profitability
an operating margin of 108.4% make it more profitable than the average company (8.9%)
- Rain City Developments (enr) Limited
8.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Rain City Developments (enr) Limited
6 - Industry AVG
Pay Structure
on an average salary of £43.1k, the company has an equivalent pay structure (£43.1k)
- Rain City Developments (enr) Limited
£43.1k - Industry AVG
Efficiency
resulting in sales per employee of £71.5k, this is less efficient (£259.7k)
- Rain City Developments (enr) Limited
£259.7k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is near the average (28 days)
- Rain City Developments (enr) Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 170 days, this is slower than average (30 days)
- Rain City Developments (enr) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rain City Developments (enr) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rain City Developments (enr) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.3%, this is a higher level of debt than the average (74.8%)
92.3% - Rain City Developments (enr) Limited
74.8% - Industry AVG
RAIN CITY DEVELOPMENTS (ENR) LIMITED financials
Rain City Developments (Enr) Limited's latest turnover from August 2020 is estimated at £71.5 thousand and the company has net assets of £115.6 thousand. According to their latest financial statements, we estimate that Rain City Developments (Enr) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2020 | Aug 2019 | Aug 2018 | Aug 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
| Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|
| Tangible Assets | 1,495,617 | 1,495,617 | 1,400,943 | 186,698 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 1,495,617 | 1,495,617 | 1,400,943 | 186,698 |
| Stock & work in progress | ||||
| Trade Debtors | 4,551 | 4,319 | ||
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | ||||
| misc current assets | ||||
| total current assets | 4,551 | 4,319 | ||
| total assets | 1,500,168 | 1,499,936 | 1,400,943 | 186,698 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 30,178 | 12,389 | ||
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 30,178 | 12,389 | ||
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 1,354,418 | 1,434,720 | 1,400,933 | 186,688 |
| provisions | ||||
| total long term liabilities | 1,354,418 | 1,434,720 | 1,400,933 | 186,688 |
| total liabilities | 1,384,596 | 1,447,109 | 1,400,933 | 186,688 |
| net assets | 115,572 | 52,827 | 10 | 10 |
| total shareholders funds | 115,572 | 52,827 | 10 | 10 |
| Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 232 | 4,319 | ||
| Creditors | 17,789 | 12,389 | ||
| Accruals and Deferred Income | ||||
| 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 | -80,302 | 33,787 | 1,214,245 | 186,688 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | ||||
| overdraft | ||||
| change in cash |
rain city developments (enr) limited Credit Report and Business Information
Rain City Developments (enr) Limited Competitor Analysis
Perform a competitor analysis for rain city developments (enr) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in M 3 area or any other competitors across 12 key performance metrics.
rain city developments (enr) limited Ownership
RAIN CITY DEVELOPMENTS (ENR) LIMITED group structure
Rain City Developments (Enr) Limited has no subsidiary companies.
Ultimate parent company
RAIN CITY DEVELOPMENTS (ENR) LIMITED
10334037
rain city developments (enr) limited directors
Rain City Developments (Enr) Limited currently has 2 directors. The longest serving directors include Mr Glenn Bell (Aug 2016) and Mr Paul Bell (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Glenn Bell | 55 years | Aug 2016 | - | Director | |
| Mr Paul Bell | United Kingdom | 59 years | Dec 2020 | - | Director |
P&L
August 2020turnover
71.5k
+118%
operating profit
77.5k
0%
gross margin
9.8%
-6.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2020net assets
115.6k
+1.19%
total assets
1.5m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
rain city developments (enr) limited company details
company number
10334037
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2020
previous names
N/A
accountant
-
auditor
-
address
13 the edge clowes street, salford, M3 5NB
Bank
-
Legal Advisor
-
rain city developments (enr) 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 rain city developments (enr) limited.
rain city developments (enr) 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 RAIN CITY DEVELOPMENTS (ENR) LIMITED. This can take several minutes, an email will notify you when this has completed.
rain city developments (enr) limited Companies House Filings - See Documents
| date | description | view/download |
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