howden rcs limited

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howden rcs limited Company Information

Share HOWDEN RCS LIMITED

Company Number

10675339

Shareholders

howden uk & i holdings limited

Group Structure

View All

Industry

Other human resources provision

 

Registered Address

one creechurch place, london, EC3A 5AF

howden rcs limited Estimated Valuation

£558.7k

Pomanda estimates the enterprise value of HOWDEN RCS LIMITED at £558.7k based on a Turnover of £2.4m and 0.23x industry multiple (adjusted for size and gross margin).

howden rcs limited Estimated Valuation

£406.6k

Pomanda estimates the enterprise value of HOWDEN RCS LIMITED at £406.6k based on an EBITDA of £121k and a 3.36x industry multiple (adjusted for size and gross margin).

howden rcs limited Estimated Valuation

£637.4k

Pomanda estimates the enterprise value of HOWDEN RCS LIMITED at £637.4k based on Net Assets of £404.7k and 1.58x industry multiple (adjusted for liquidity).

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Howden Rcs Limited Overview

Howden Rcs Limited is a live company located in london, EC3A 5AF with a Companies House number of 10675339. It operates in the human resources provision and management of human resources functions sector, SIC Code 78300. Founded in March 2017, it's largest shareholder is howden uk & i holdings limited with a 100% stake. Howden Rcs Limited is a young, small sized company, Pomanda has estimated its turnover at £2.4m with healthy growth in recent years.

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Howden Rcs Limited Health Check

Pomanda's financial health check has awarded Howden Rcs Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £2.4m, make it smaller than the average company (£6.6m)

£2.4m - Howden Rcs Limited

£6.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (4.6%)

12% - Howden Rcs Limited

4.6% - Industry AVG

production

Production

with a gross margin of 23.1%, this company has a comparable cost of product (23.1%)

23.1% - Howden Rcs Limited

23.1% - Industry AVG

profitability

Profitability

an operating margin of 5% make it more profitable than the average company (3.6%)

5% - Howden Rcs Limited

3.6% - Industry AVG

employees

Employees

with 16 employees, this is below the industry average (41)

16 - Howden Rcs Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £52k, the company has an equivalent pay structure (£52k)

£52k - Howden Rcs Limited

£52k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £148.8k, this is more efficient (£93.7k)

£148.8k - Howden Rcs Limited

£93.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 97 days, this is later than average (53 days)

97 days - Howden Rcs Limited

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (10 days)

0 days - Howden Rcs Limited

10 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Howden Rcs Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (11 weeks)

22 weeks - Howden Rcs Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 50.7%, this is a lower level of debt than the average (79.1%)

50.7% - Howden Rcs Limited

79.1% - Industry AVG

HOWDEN RCS LIMITED financials

EXPORTms excel logo

Howden Rcs Limited's latest turnover from June 2023 is estimated at £2.4 million and the company has net assets of £404.7 thousand. According to their latest financial statements, Howden Rcs Limited has 16 employees and maintains cash reserves of £174.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018
Turnover2,380,5052,559,5682,383,1151,684,1291,317,5721,583,926
Other Income Or Grants
Cost Of Sales1,830,6742,018,9341,982,8421,369,0741,039,0361,239,134
Gross Profit549,830540,635400,273315,055278,536344,792
Admin Expenses430,253499,132483,926139,424151,564197,131
Operating Profit119,57741,503-83,653175,631126,972147,661
Interest Payable3,9423,2932,8981,373
Interest Receivable8,2492,1992552501,357438
Pre-Tax Profit123,88440,410-86,295174,509128,328148,099
Tax-30,971-7,678-33,157-24,382-28,139
Profit After Tax92,91332,732-86,295141,352103,946119,960
Dividends Paid
Retained Profit92,91332,732-86,295141,352103,946119,960
Employee Costs831,840911,402771,352420,998467,533436,196
Number Of Employees161816999
EBITDA*121,01843,564-75,388184,455129,329151,196

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018
Tangible Assets2,8824,3232,2393,3594,7147,071
Intangible Assets7,145
Investments & Other
Debtors (Due After 1 year)53,288
Total Fixed Assets2,8824,3232,23963,7924,7147,071
Stock & work in progress
Trade Debtors638,031628,536358,864313,350304,227290,095
Group Debtors
Misc Debtors5,08931,76413,2921,80415,0815,164
Cash174,654155,306196,572313,998186,601175,147
misc current assets11
total current assets817,774815,606568,729629,152505,909470,407
total assets820,656819,929570,968692,944510,623477,478
Bank overdraft10,000
Bank loan
Trade Creditors 111
Group/Directors Accounts127,51869,979100,000
other short term finances45,000
hp & lease commitments
other current liabilities385,113467,300241,905255,068216,737257,518
total current liabilities395,115467,301241,905327,586286,717357,518
loans20,83340,83350,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities20,83340,83350,000
total liabilities415,948508,134291,905327,586286,717357,518
net assets404,708311,795279,063365,358223,906119,960
total shareholders funds404,708311,795279,063365,358223,906119,960
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018
Operating Activities
Operating Profit119,57741,503-83,653175,631126,972147,661
Depreciation1,4412,0611,1201,6792,3573,535
Amortisation7,1457,145
Tax-30,971-7,678-33,157-24,382-28,139
Stock
Debtors-17,180288,1443,71449,13424,049295,259
Creditors1-11
Accruals and Deferred Income-82,187225,395-13,16338,331-40,781257,518
Deferred Taxes & Provisions
Cash flow from operations25,040-26,862-92,265140,49440,11885,316
Investing Activities
capital expenditure-4,145-14,614-10,606
Change in Investments
cash flow from investments-4,145-14,614-10,606
Financing Activities
Bank loans
Group/Directors Accounts1-27,518-42,461-30,021100,000
Other Short Term Loans -45,00045,000
Long term loans-20,000-9,16750,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest4,307-1,094-2,643-1,1231,357438
cash flow from financing-15,692-10,261-25,1611,516-28,664100,438
cash and cash equivalents
cash19,348-41,266-117,426127,39711,454175,147
overdraft10,000
change in cash9,348-41,266-117,426127,39711,454175,147

howden rcs limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Howden Rcs Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for howden rcs limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC3A area or any other competitors across 12 key performance metrics.

howden rcs limited Ownership

HOWDEN RCS LIMITED group structure

Howden Rcs Limited has no subsidiary companies.

Ultimate parent company

2 parents

HOWDEN RCS LIMITED

10675339

HOWDEN RCS LIMITED Shareholders

howden uk & i holdings limited 100%

howden rcs limited directors

Howden Rcs Limited currently has 2 directors. The longest serving directors include Mr Simon Howes (Mar 2017) and Mr Michael Millar (Dec 2024).

officercountryagestartendrole
Mr Simon HowesUnited Kingdom63 years Mar 2017- Director
Mr Michael MillarUnited Kingdom37 years Dec 2024- Director

P&L

June 2023

turnover

2.4m

-7%

operating profit

119.6k

0%

gross margin

23.1%

+9.35%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

404.7k

+0.3%

total assets

820.7k

0%

cash

174.7k

+0.12%

net assets

Total assets minus all liabilities

howden rcs limited company details

company number

10675339

Type

Private limited with Share Capital

industry

78300 - Other human resources provision

incorporation date

March 2017

age

8

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

June 2023

previous names

ahr employment and safety services limited (February 2025)

accountant

AEH ACCOUNTANCY LTD

auditor

-

address

one creechurch place, london, EC3A 5AF

Bank

-

Legal Advisor

-

howden rcs 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 howden rcs limited.

howden rcs 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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howden rcs limited Companies House Filings - See Documents

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