rome engineering solutions ltd
rome engineering solutions ltd Company Information
Company Number
10615322
Website
-Registered Address
14 studland road, redcar, TS10 2RE
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Simon Plews7 Years
Shareholders
simon plews 100%
rome engineering solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of ROME ENGINEERING SOLUTIONS LTD at £615 based on a Turnover of £1.5k and 0.4x industry multiple (adjusted for size and gross margin).
rome engineering solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of ROME ENGINEERING SOLUTIONS LTD at £0 based on an EBITDA of £-127 and a 3.36x industry multiple (adjusted for size and gross margin).
rome engineering solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of ROME ENGINEERING SOLUTIONS LTD at £1.4k based on Net Assets of £462 and 3.02x industry multiple (adjusted for liquidity).
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Rome Engineering Solutions Ltd Overview
Rome Engineering Solutions Ltd is a dissolved company that was located in redcar, TS10 2RE with a Companies House number of 10615322. It operated in the other engineering activities sector, SIC Code 71129. Founded in February 2017, it's largest shareholder was simon plews with a 100% stake. The last turnover for Rome Engineering Solutions Ltd was estimated at £1.5k.
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Rome Engineering Solutions Ltd Health Check
Pomanda's financial health check has awarded Rome Engineering Solutions Ltd 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
1 Regular
6 Weak
Size
annual sales of £1.5k, make it smaller than the average company (£1.7m)
- Rome Engineering Solutions Ltd
£1.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rome Engineering Solutions Ltd
- - Industry AVG
Production
with a gross margin of 15.8%, this company has a higher cost of product (32.1%)
- Rome Engineering Solutions Ltd
32.1% - Industry AVG
Profitability
an operating margin of -8.2% make it less profitable than the average company (6.5%)
- Rome Engineering Solutions Ltd
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
- Rome Engineering Solutions Ltd
20 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)
- Rome Engineering Solutions Ltd
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.5k, this is less efficient (£106.8k)
- Rome Engineering Solutions Ltd
£106.8k - Industry AVG
Debtor Days
it gets paid by customers after 138 days, this is later than average (68 days)
- Rome Engineering Solutions Ltd
68 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (24 days)
- Rome Engineering Solutions Ltd
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rome Engineering Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rome Engineering Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.2%, this is a lower level of debt than the average (58.9%)
21.2% - Rome Engineering Solutions Ltd
58.9% - Industry AVG
ROME ENGINEERING SOLUTIONS LTD financials
Rome Engineering Solutions Ltd's latest turnover from February 2020 is estimated at £1.6 thousand and the company has net assets of £462. According to their latest financial statements, we estimate that Rome Engineering Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2020 | Feb 2019 | Feb 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 586 | 589 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 589 |
| total current assets | 586 | 589 | 589 |
| total assets | 586 | 589 | 589 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 124 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 124 | 0 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 124 | 0 | 0 |
| net assets | 462 | 589 | 589 |
| total shareholders funds | 462 | 589 | 589 |
| Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -3 | 589 | 0 |
| Creditors | 124 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
rome engineering solutions ltd Credit Report and Business Information
Rome Engineering Solutions Ltd Competitor Analysis
Perform a competitor analysis for rome engineering solutions ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in TS10 area or any other competitors across 12 key performance metrics.
rome engineering solutions ltd Ownership
ROME ENGINEERING SOLUTIONS LTD group structure
Rome Engineering Solutions Ltd has no subsidiary companies.
Ultimate parent company
ROME ENGINEERING SOLUTIONS LTD
10615322
rome engineering solutions ltd directors
Rome Engineering Solutions Ltd currently has 1 director, Mr Simon Plews serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Plews | United Kingdom | 47 years | Feb 2017 | - | Director |
P&L
February 2020turnover
1.5k
-26%
operating profit
-127
0%
gross margin
15.9%
-5.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2020net assets
462
-0.22%
total assets
586
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
rome engineering solutions ltd company details
company number
10615322
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
February 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
February 2020
address
14 studland road, redcar, TS10 2RE
accountant
DRAYCOTT & KIRK
auditor
-
rome engineering solutions 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 rome engineering solutions ltd.
rome engineering solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
