rimzi properties ltd
rimzi properties ltd Company Information
Group Structure
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Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
249-251 high street, chatham, kent, ME4 4BQ
Website
-rimzi properties ltd Estimated Valuation
Pomanda estimates the enterprise value of RIMZI PROPERTIES LTD at £1.6m based on a Turnover of £662k and 2.38x industry multiple (adjusted for size and gross margin).
rimzi properties ltd Estimated Valuation
Pomanda estimates the enterprise value of RIMZI PROPERTIES LTD at £348.5k based on an EBITDA of £72.8k and a 4.79x industry multiple (adjusted for size and gross margin).
rimzi properties ltd Estimated Valuation
Pomanda estimates the enterprise value of RIMZI PROPERTIES LTD at £343.8k based on Net Assets of £194.9k and 1.76x industry multiple (adjusted for liquidity).
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Rimzi Properties Ltd Overview
Rimzi Properties Ltd is a live company located in chatham, kent, ME4 4BQ with a Companies House number of 10559779. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2017, it's largest shareholder is mohammad ramzan with a 100% stake. Rimzi Properties Ltd is a young, small sized company, Pomanda has estimated its turnover at £662k with rapid growth in recent years.
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Rimzi Properties Ltd Health Check
Pomanda's financial health check has awarded Rimzi Properties Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £662k, make it smaller than the average company (£1m)
- Rimzi Properties Ltd
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 179%, show it is growing at a faster rate (5.7%)
- Rimzi Properties Ltd
5.7% - Industry AVG
Production
with a gross margin of 30.2%, this company has a higher cost of product (72.2%)
- Rimzi Properties Ltd
72.2% - Industry AVG
Profitability
an operating margin of 11% make it less profitable than the average company (27.6%)
- Rimzi Properties Ltd
27.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Rimzi Properties Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.9k, the company has an equivalent pay structure (£33.9k)
- Rimzi Properties Ltd
£33.9k - Industry AVG
Efficiency
resulting in sales per employee of £331k, this is more efficient (£193.6k)
- Rimzi Properties Ltd
£193.6k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (31 days)
- Rimzi Properties Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (35 days)
- Rimzi Properties Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rimzi Properties Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rimzi Properties Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.5%, this is a higher level of debt than the average (68.8%)
84.5% - Rimzi Properties Ltd
68.8% - Industry AVG
RIMZI PROPERTIES LTD financials
Rimzi Properties Ltd's latest turnover from July 2024 is estimated at £662 thousand and the company has net assets of £194.9 thousand. According to their latest financial statements, we estimate that Rimzi Properties Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,096,256 | 1,096,256 | 1,096,256 | 1,096,256 | 1,096,256 | 1,096,256 | 254,827 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 1,096,256 | 1,096,256 | 1,096,256 | 1,096,256 | 1,096,256 | 1,096,256 | 254,827 |
| Stock & work in progress | |||||||
| Trade Debtors | 162,052 | 160,183 | 34,342 | 2,401 | 18,113 | 889 | 2,606 |
| Group Debtors | |||||||
| Misc Debtors | |||||||
| Cash | |||||||
| misc current assets | |||||||
| total current assets | 162,052 | 160,183 | 34,342 | 2,401 | 18,113 | 889 | 2,606 |
| total assets | 1,258,308 | 1,256,439 | 1,130,598 | 1,098,657 | 1,114,369 | 1,097,145 | 257,433 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 59,756 | 45,170 | 32,668 | 33,620 | 42,765 | 24,833 | 19,852 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 59,756 | 45,170 | 32,668 | 33,620 | 42,765 | 24,833 | 19,852 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 1,003,643 | 1,070,968 | 1,009,776 | 1,009,816 | 1,040,589 | 246,902 | |
| provisions | |||||||
| total long term liabilities | 1,003,643 | 1,070,968 | 1,009,776 | 1,009,816 | 1,040,589 | 1,078,629 | 246,902 |
| total liabilities | 1,063,399 | 1,116,138 | 1,042,444 | 1,043,436 | 1,083,354 | 1,103,462 | 266,754 |
| net assets | 194,909 | 140,301 | 88,154 | 55,221 | 31,015 | -6,317 | -9,321 |
| total shareholders funds | 194,909 | 140,301 | 88,154 | 55,221 | 31,015 | -6,317 | -9,321 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 1,869 | 125,841 | 31,941 | -15,712 | 17,224 | -1,717 | 2,606 |
| Creditors | 14,586 | 12,502 | -952 | -9,145 | 17,932 | 4,981 | 19,852 |
| 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 | -67,325 | 61,192 | -40 | -30,773 | 1,040,589 | -246,902 | 246,902 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | |||||||
| overdraft | |||||||
| change in cash |
rimzi properties ltd Credit Report and Business Information
Rimzi Properties Ltd Competitor Analysis
Perform a competitor analysis for rimzi properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in ME4 area or any other competitors across 12 key performance metrics.
rimzi properties ltd Ownership
RIMZI PROPERTIES LTD group structure
Rimzi Properties Ltd has no subsidiary companies.
Ultimate parent company
RIMZI PROPERTIES LTD
10559779
rimzi properties ltd directors
Rimzi Properties Ltd currently has 1 director, Mr Mohammed Ramzan serving since Jan 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Ramzan | England | 39 years | Jan 2017 | - | Director |
P&L
July 2024turnover
662k
+16%
operating profit
72.8k
0%
gross margin
30.2%
+5.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
194.9k
+0.39%
total assets
1.3m
0%
cash
0
0%
net assets
Total assets minus all liabilities
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rimzi properties ltd company details
company number
10559779
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
January 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2024
previous names
N/A
accountant
-
auditor
-
address
249-251 high street, chatham, kent, ME4 4BQ
Bank
-
Legal Advisor
-
rimzi properties ltd 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 rimzi properties ltd.
rimzi properties ltd 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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rimzi properties ltd Companies House Filings - See Documents
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