rowley it letting limited
rowley it letting limited Company Information
Group Structure
View All
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
6 stuart road, rowley regis, B65 9JA
Website
-rowley it letting limited Estimated Valuation
Pomanda estimates the enterprise value of ROWLEY IT LETTING LIMITED at £37.6k based on a Turnover of £15.6k and 2.41x industry multiple (adjusted for size and gross margin).
rowley it letting limited Estimated Valuation
Pomanda estimates the enterprise value of ROWLEY IT LETTING LIMITED at £6.4k based on an EBITDA of £1.4k and a 4.71x industry multiple (adjusted for size and gross margin).
rowley it letting limited Estimated Valuation
Pomanda estimates the enterprise value of ROWLEY IT LETTING LIMITED at £5.8k based on Net Assets of £3.3k and 1.75x industry multiple (adjusted for liquidity).
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Rowley It Letting Limited Overview
Rowley It Letting Limited is a live company located in rowley regis, B65 9JA with a Companies House number of 10748344. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2017, it's largest shareholder is martin ortt with a 100% stake. Rowley It Letting Limited is a young, micro sized company, Pomanda has estimated its turnover at £15.6k with rapid growth in recent years.
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Rowley It Letting Limited Health Check
Pomanda's financial health check has awarded Rowley It Letting Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £15.6k, make it smaller than the average company (£947.1k)
- Rowley It Letting Limited
£947.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (5.5%)
- Rowley It Letting Limited
5.5% - Industry AVG
Production
with a gross margin of 31.3%, this company has a higher cost of product (72.8%)
- Rowley It Letting Limited
72.8% - Industry AVG
Profitability
an operating margin of 8.7% make it less profitable than the average company (29.1%)
- Rowley It Letting Limited
29.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Rowley It Letting Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.5k, the company has an equivalent pay structure (£33.5k)
- Rowley It Letting Limited
£33.5k - Industry AVG
Efficiency
resulting in sales per employee of £15.6k, this is less efficient (£191.9k)
- Rowley It Letting Limited
£191.9k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is later than average (31 days)
- Rowley It Letting Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 738 days, this is slower than average (37 days)
- Rowley It Letting Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rowley It Letting Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rowley It Letting Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.6%, this is a higher level of debt than the average (69.5%)
96.6% - Rowley It Letting Limited
69.5% - Industry AVG
ROWLEY IT LETTING LIMITED financials
Rowley It Letting Limited's latest turnover from May 2024 is estimated at £15.6 thousand and the company has net assets of £3.3 thousand. According to their latest financial statements, we estimate that Rowley It Letting Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | 6,363 | 6,582 | 6,504 | 4,332 | |||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | 1,597 | 329 | 1,516 | 529 | |||
| Tax | -288 | -101 | |||||
| Profit After Tax | 1,597 | 329 | 1,228 | 428 | |||
| Dividends Paid | |||||||
| Retained Profit | 1,597 | 329 | 1,228 | 428 | |||
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 96,100 | 69,000 | 30,100 | 30,100 | 30,100 | 30,100 | |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 96,100 | 69,000 | 30,100 | 30,100 | 30,100 | 30,100 | |
| Stock & work in progress | |||||||
| Trade Debtors | 2,202 | 1,145 | 3,538 | 4,612 | 2,786 | 2,548 | 942 |
| Group Debtors | |||||||
| Misc Debtors | |||||||
| Cash | |||||||
| misc current assets | |||||||
| total current assets | 2,202 | 1,145 | 3,538 | 4,612 | 2,786 | 2,548 | 942 |
| total assets | 98,302 | 70,145 | 3,538 | 34,712 | 32,886 | 32,648 | 31,042 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 21,708 | 20,090 | |||||
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 21,708 | 20,090 | |||||
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | 504 | ||||||
| other liabilities | 72,747 | 47,728 | 30,100 | 30,100 | 30,100 | 30,100 | |
| provisions | 1,000 | 1,000 | 1,000 | 500 | |||
| total long term liabilities | 73,251 | 47,728 | 31,100 | 31,100 | 31,100 | 30,600 | |
| total liabilities | 94,959 | 67,818 | 31,100 | 31,100 | 31,100 | 30,600 | |
| net assets | 3,343 | 2,327 | 3,538 | 3,612 | 1,786 | 1,548 | 442 |
| total shareholders funds | 3,343 | 2,327 | 3,538 | 3,612 | 1,786 | 1,548 | 442 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | -288 | -101 | |||||
| Stock | |||||||
| Debtors | 1,057 | -2,393 | -1,074 | 1,826 | 238 | 1,606 | 942 |
| Creditors | 1,618 | 20,090 | |||||
| Accruals and Deferred Income | 504 | ||||||
| Deferred Taxes & Provisions | -1,000 | 500 | 500 | ||||
| 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 | 25,019 | 47,728 | -30,100 | 30,100 | |||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | 229 | -91 | -122 | 30,114 | |||
| cash and cash equivalents | |||||||
| cash | |||||||
| overdraft | |||||||
| change in cash |
rowley it letting limited Credit Report and Business Information
Rowley It Letting Limited Competitor Analysis
Perform a competitor analysis for rowley it letting limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in B65 area or any other competitors across 12 key performance metrics.
rowley it letting limited Ownership
ROWLEY IT LETTING LIMITED group structure
Rowley It Letting Limited has no subsidiary companies.
Ultimate parent company
ROWLEY IT LETTING LIMITED
10748344
rowley it letting limited directors
Rowley It Letting Limited currently has 1 director, Miss Sally Usherwood serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Sally Usherwood | United Kingdom | 42 years | May 2017 | - | Director |
P&L
May 2024turnover
15.6k
+55%
operating profit
1.4k
0%
gross margin
31.3%
+5.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
3.3k
+0.44%
total assets
98.3k
+0.4%
cash
0
0%
net assets
Total assets minus all liabilities
rowley it letting limited company details
company number
10748344
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
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
MASOOD CHAUDHARI TA TAXASSIST ACCOUNTANTS
auditor
-
address
6 stuart road, rowley regis, B65 9JA
Bank
-
Legal Advisor
-
rowley it letting 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 rowley it letting limited.
rowley it letting 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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rowley it letting limited Companies House Filings - See Documents
| date | description | view/download |
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