Pomanda estimates the enterprise value of RHYTHM PASSPORT LIMITED at £12.9k based on a Turnover of £21.3k and 0.6x industry multiple (adjusted for size and gross margin).
rhythm passport limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of RHYTHM PASSPORT LIMITED at £0 based on an EBITDA of £-14k and a 3.37x industry multiple (adjusted for size and gross margin).
rhythm passport limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of RHYTHM PASSPORT LIMITED at £0 based on Net Assets of £-27.9k and 2.26x industry multiple (adjusted for liquidity).
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Rhythm Passport LimitedOverview
Rhythm Passport Limited is a live company located in london, SE10 9AH with a Companies House number of 10558361. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in January 2017, it's largest shareholder is
marco canepari
with a 64% stake. Rhythm Passport Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£21.3k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Rhythm Passport Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £21.3k, make it smaller than the average company (£812.1k)
£21.3k - Rhythm Passport Limited
£812.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 197%, show it is growing at a faster rate (7.6%)
197% - Rhythm Passport Limited
7.6% - Industry AVG
Production
with a gross margin of 35.6%, this company has a higher cost of product (69.6%)
35.6% - Rhythm Passport Limited
69.6% - Industry AVG
Profitability
an operating margin of -65.8% make it less profitable than the average company (5.3%)
-65.8% - Rhythm Passport Limited
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
1 - Rhythm Passport Limited
18 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)
£29.9k - Rhythm Passport Limited
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £21.3k, this is less efficient (£55.3k)
£21.3k - Rhythm Passport Limited
£55.3k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (28 days)
38 days - Rhythm Passport Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (32 days)
4 days - Rhythm Passport Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rhythm Passport Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rhythm Passport Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1356.9%, this is a higher level of debt than the average (29.8%)
1356.9% - Rhythm Passport Limited
29.8% - Industry AVG
RHYTHM PASSPORT LIMITED financials
EXPORT
Rhythm Passport Limited's latest turnover from January 2024 is estimated at £21.3 thousand and the company has net assets of -£27.9 thousand. According to their latest financial statements, Rhythm Passport Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Turnover
21,338
6,754
7,263
811
1,084
218
143
Other Income Or Grants
Cost Of Sales
13,746
4,486
4,612
530
720
143
93
Gross Profit
7,593
2,268
2,651
281
364
75
51
Admin Expenses
21,625
16,493
1,242
317
-11,021
-68
10,165
Operating Profit
-14,032
-14,225
1,409
-36
11,385
143
-10,114
Interest Payable
Interest Receivable
Pre-Tax Profit
-14,032
-14,225
1,218
-36
11,385
143
-10,114
Tax
-77
-2,163
-27
Profit After Tax
-14,032
-14,225
1,141
-36
9,222
116
-10,114
Dividends Paid
Retained Profit
-14,032
-14,225
1,141
-36
9,222
116
-10,114
Employee Costs
29,921
12,625
2,470
25,709
26,084
25,551
25,105
Number Of Employees
1
1
1
1
1
1
1
EBITDA*
-14,032
-14,225
1,409
-36
11,385
143
-10,114
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
2,222
13,267
492
52
36
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
2,222
13,267
492
52
36
total assets
2,222
13,267
492
52
36
Bank overdraft
Bank loan
Trade Creditors
151
164
164
812
776
50
150
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
151
164
164
812
776
50
150
loans
hp & lease commitments
Accruals and Deferred Income
30,000
27,000
other liabilities
10,000
10,000
provisions
total long term liabilities
30,000
27,000
10,000
10,000
total liabilities
30,151
27,164
164
812
776
10,050
10,150
net assets
-27,929
-13,897
328
-812
-776
-9,998
-10,114
total shareholders funds
-27,929
-13,897
328
-812
-776
-9,998
-10,114
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Operating Activities
Operating Profit
-14,032
-14,225
1,409
-36
11,385
143
-10,114
Depreciation
Amortisation
Tax
-77
-2,163
-27
Stock
Debtors
-11,045
12,775
492
-52
16
36
Creditors
-13
-648
36
726
-100
150
Accruals and Deferred Income
3,000
27,000
Deferred Taxes & Provisions
Cash flow from operations
192
10,000
-10,000
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
-10,000
10,000
share issue
-1
interest
cash flow from financing
-1
-10,000
10,000
cash and cash equivalents
cash
overdraft
change in cash
rhythm passport 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 rhythm passport limited. Get real-time insights into rhythm passport limited's credit score, group structure and payment trends.
Perform a competitor analysis for rhythm passport limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SE10 area or any other competitors across 12 key performance metrics.
rhythm passport limited Ownership
RHYTHM PASSPORT LIMITED group structure
Rhythm Passport Limited has no subsidiary companies.
Ultimate parent company
RHYTHM PASSPORT LIMITED
10558361
RHYTHM PASSPORT LIMITED Shareholders
The largest shareholders in Rhythm Passport Limited include Marco Canepari and Kianoush Coates.
marco canepari
64%
kianoush coates
36%
rhythm passport limited directors
Rhythm Passport Limited currently has 1 director, Mr Marco Canepari serving since Jan 2017.
63990 - Other information service activities n.e.c.
incorporation date
January 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
55 pelton road, london, SE10 9AH
Bank
-
Legal Advisor
-
rhythm passport 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 rhythm passport limited.
rhythm passport 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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rhythm passport limitedCompanies House Filings - See Documents
