rovan engineering limited
rovan engineering limited Company Information
Group Structure
View All
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Registered Address
the pinnacle 3rd floor, 73 king street, manchester, M2 4NG
Website
-rovan engineering limited Estimated Valuation
Pomanda estimates the enterprise value of ROVAN ENGINEERING LIMITED at £255.4k based on a Turnover of £733.2k and 0.35x industry multiple (adjusted for size and gross margin).
rovan engineering limited Estimated Valuation
Pomanda estimates the enterprise value of ROVAN ENGINEERING LIMITED at £610.5k based on an EBITDA of £206.1k and a 2.96x industry multiple (adjusted for size and gross margin).
rovan engineering limited Estimated Valuation
Pomanda estimates the enterprise value of ROVAN ENGINEERING LIMITED at £534.3k based on Net Assets of £226.6k and 2.36x industry multiple (adjusted for liquidity).
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Rovan Engineering Limited Overview
Rovan Engineering Limited is a dissolved company that was located in manchester, M2 4NG with a Companies House number of 10408307. It operated in the other engineering activities sector, SIC Code 71129. Founded in October 2016, it's largest shareholder was nicolas jacques canu with a 100% stake. The last turnover for Rovan Engineering Limited was estimated at £733.2k.
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Rovan Engineering Limited Health Check
Pomanda's financial health check has awarded Rovan Engineering Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £733.2k, make it smaller than the average company (£1.3m)
- Rovan Engineering Limited
£1.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rovan Engineering Limited
- - Industry AVG
Production
with a gross margin of 17.6%, this company has a higher cost of product (35.3%)
- Rovan Engineering Limited
35.3% - Industry AVG
Profitability
an operating margin of 28.1% make it more profitable than the average company (6.7%)
- Rovan Engineering Limited
6.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (23)
- Rovan Engineering Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
- Rovan Engineering Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £183.3k, this is more efficient (£113.8k)
- Rovan Engineering Limited
£113.8k - Industry AVG
Debtor Days
it gets paid by customers after 147 days, this is later than average (68 days)
- Rovan Engineering Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is slower than average (32 days)
- Rovan Engineering Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rovan Engineering Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rovan Engineering Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.5%, this is a lower level of debt than the average (57.2%)
23.5% - Rovan Engineering Limited
57.2% - Industry AVG
ROVAN ENGINEERING LIMITED financials
Rovan Engineering Limited's latest turnover from October 2018 is estimated at £733.2 thousand and the company has net assets of £226.6 thousand. According to their latest financial statements, we estimate that Rovan Engineering Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2018 | Oct 2017 | |
|---|---|---|
| Turnover | 106,793 | |
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | ||
| Interest Receivable | ||
| Pre-Tax Profit | 98,702 | |
| Tax | -19,162 | |
| Profit After Tax | 79,540 | |
| Dividends Paid | ||
| Retained Profit | 79,540 | |
| Employee Costs | ||
| Number Of Employees | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2018 | Oct 2017 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | ||
| Stock & work in progress | ||
| Trade Debtors | 296,277 | 87,828 |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | ||
| misc current assets | ||
| total current assets | 296,277 | 87,828 |
| total assets | 296,277 | 87,828 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 68,774 | 26,588 |
| Group/Directors Accounts | 927 | |
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 68,774 | 27,515 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | 913 | 673 |
| other liabilities | ||
| provisions | ||
| total long term liabilities | 913 | 673 |
| total liabilities | 69,687 | 28,188 |
| net assets | 226,590 | 59,640 |
| total shareholders funds | 226,590 | 59,640 |
| Oct 2018 | Oct 2017 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | -19,162 | |
| Stock | ||
| Debtors | 208,449 | 87,828 |
| Creditors | 42,186 | 26,588 |
| Accruals and Deferred Income | 240 | 673 |
| 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 | -927 | 927 |
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | -18,973 | |
| cash and cash equivalents | ||
| cash | ||
| overdraft | ||
| change in cash |
rovan engineering limited Credit Report and Business Information
Rovan Engineering Limited Competitor Analysis
Perform a competitor analysis for rovan engineering limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in M 2 area or any other competitors across 12 key performance metrics.
rovan engineering limited Ownership
ROVAN ENGINEERING LIMITED group structure
Rovan Engineering Limited has no subsidiary companies.
Ultimate parent company
ROVAN ENGINEERING LIMITED
10408307
rovan engineering limited directors
Rovan Engineering Limited currently has 1 director, Mr Nicolas Canu serving since Oct 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicolas Canu | 57 years | Oct 2016 | - | Director |
P&L
October 2018turnover
733.2k
+587%
operating profit
206.1k
0%
gross margin
17.6%
-3.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2018net assets
226.6k
+2.8%
total assets
296.3k
+2.37%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
rovan engineering limited company details
company number
10408307
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2018
previous names
N/A
accountant
NORMAN BRISK & CO LIMITED
auditor
-
address
the pinnacle 3rd floor, 73 king street, manchester, M2 4NG
Bank
-
Legal Advisor
-
rovan engineering 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 rovan engineering limited.
rovan engineering 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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rovan engineering limited Companies House Filings - See Documents
| date | description | view/download |
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