rush solutions limited
rush solutions limited Company Information
Company Number
10343552
Website
rush-solutions.co.ukRegistered Address
fleming court leigh road, eastleigh, southampton, hampshire, SO50 9PD
Industry
Management consultancy activities (other than financial management)
Telephone
02380842082
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
david walter pickering 50%
embrace cx limited 20%
View Allrush solutions limited Estimated Valuation
Pomanda estimates the enterprise value of RUSH SOLUTIONS LIMITED at £101.4k based on a Turnover of £164.7k and 0.62x industry multiple (adjusted for size and gross margin).
rush solutions limited Estimated Valuation
Pomanda estimates the enterprise value of RUSH SOLUTIONS LIMITED at £0 based on an EBITDA of £-82.3k and a 4.4x industry multiple (adjusted for size and gross margin).
rush solutions limited Estimated Valuation
Pomanda estimates the enterprise value of RUSH SOLUTIONS LIMITED at £0 based on Net Assets of £-120.3k and 2.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Rush Solutions Limited Overview
Rush Solutions Limited is a live company located in southampton, SO50 9PD with a Companies House number of 10343552. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in August 2016, it's largest shareholder is david walter pickering with a 50% stake. Rush Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £164.7k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Rush Solutions Limited Health Check
Pomanda's financial health check has awarded Rush Solutions Limited a 2 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
3 Regular
6 Weak
Size
annual sales of £164.7k, make it smaller than the average company (£494.5k)
- Rush Solutions Limited
£494.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (8.2%)
- Rush Solutions Limited
8.2% - Industry AVG
Production
with a gross margin of 55.3%, this company has a comparable cost of product (55.3%)
- Rush Solutions Limited
55.3% - Industry AVG
Profitability
an operating margin of -50.1% make it less profitable than the average company (7.9%)
- Rush Solutions Limited
7.9% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (5)
5 - Rush Solutions Limited
5 - Industry AVG
Pay Structure
on an average salary of £48.9k, the company has an equivalent pay structure (£48.9k)
- Rush Solutions Limited
£48.9k - Industry AVG
Efficiency
resulting in sales per employee of £32.9k, this is less efficient (£119.7k)
- Rush Solutions Limited
£119.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (67 days)
- Rush Solutions Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (25 days)
- Rush Solutions Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rush Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Rush Solutions Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3356.3%, this is a higher level of debt than the average (56.4%)
3356.3% - Rush Solutions Limited
56.4% - Industry AVG
RUSH SOLUTIONS LIMITED financials
Rush Solutions Limited's latest turnover from December 2023 is estimated at £164.7 thousand and the company has net assets of -£120.3 thousand. According to their latest financial statements, Rush Solutions Limited has 5 employees and maintains cash reserves of £696 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Aug 2022 | Aug 2021 | 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 | 5 | 2 | 2 | 1 | 1 | 1 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,770 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 1,770 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 201 | 26,697 | 24,167 | 0 | 4,586 | 6,269 | 3,600 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,026 | 1,439 | 3,189 | 1,498 | 10,889 | 0 | 781 |
| Cash | 696 | 299 | 187 | 100 | 100 | 100 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,923 | 28,435 | 27,543 | 1,598 | 15,575 | 6,369 | 4,481 |
| total assets | 3,693 | 28,435 | 27,543 | 1,598 | 15,575 | 6,369 | 4,481 |
| Bank overdraft | 4,976 | 4,814 | 2,500 | 29,841 | 29,904 | 29,474 | 27,978 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,922 | 3,967 | 1,400 | 2,837 | 4,879 | 6,269 | 300 |
| 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 | 105,832 | 37,433 | 33,438 | 11,626 | 15,093 | 2,554 | 3,725 |
| total current liabilities | 112,730 | 46,214 | 37,338 | 44,304 | 49,876 | 38,297 | 32,003 |
| loans | 11,219 | 17,826 | 22,500 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 11,219 | 17,826 | 22,500 | 0 | 0 | 0 | 0 |
| total liabilities | 123,949 | 64,040 | 59,838 | 44,304 | 49,876 | 38,297 | 32,003 |
| net assets | -120,256 | -35,605 | -32,295 | -42,706 | -34,301 | -31,928 | -27,522 |
| total shareholders funds | -120,256 | -35,605 | -32,295 | -42,706 | -34,301 | -31,928 | -27,522 |
| Dec 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 198 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -26,909 | 780 | 25,858 | -13,977 | 9,206 | 1,888 | 4,381 |
| Creditors | -2,045 | 2,567 | -1,437 | -2,042 | -1,390 | 5,969 | 300 |
| Accruals and Deferred Income | 68,399 | 3,995 | 21,812 | -3,467 | 12,539 | -1,171 | 3,725 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -6,607 | -4,674 | 22,500 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 397 | 112 | 87 | 0 | 0 | 0 | 100 |
| overdraft | 162 | 2,314 | -27,341 | -63 | 430 | 1,496 | 27,978 |
| change in cash | 235 | -2,202 | 27,428 | 63 | -430 | -1,496 | -27,878 |
rush solutions limited Credit Report and Business Information
Rush Solutions Limited Competitor Analysis
Perform a competitor analysis for rush solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SO50 area or any other competitors across 12 key performance metrics.
rush solutions limited Ownership
RUSH SOLUTIONS LIMITED group structure
Rush Solutions Limited has no subsidiary companies.
Ultimate parent company
RUSH SOLUTIONS LIMITED
10343552
rush solutions limited directors
Rush Solutions Limited currently has 5 directors. The longest serving directors include Mr David Pickering (Aug 2016) and Mr Glenn Hurley (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Pickering | 75 years | Aug 2016 | - | Director | |
| Mr Glenn Hurley | 69 years | Nov 2020 | - | Director | |
| Mr Andrew Pritchard | United Kingdom | 64 years | Jun 2022 | - | Director |
| Mr Paul Martin | United Kingdom | 60 years | Dec 2022 | - | Director |
| Mr Andrew Bye | England | 65 years | Dec 2022 | - | Director |
P&L
December 2023turnover
164.7k
+27%
operating profit
-82.5k
0%
gross margin
55.4%
-1.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-120.3k
+2.38%
total assets
3.7k
-0.87%
cash
696
+1.33%
net assets
Total assets minus all liabilities
rush solutions limited company details
company number
10343552
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
August 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
rush performance solutions limited (January 2020)
rush classics & performance services ltd (March 2019)
accountant
-
auditor
-
address
fleming court leigh road, eastleigh, southampton, hampshire, SO50 9PD
Bank
-
Legal Advisor
-
rush solutions 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 rush solutions limited. Currently there are 0 open charges and 1 have been satisfied in the past.
rush solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
