rm rigging ne ltd
rm rigging ne ltd Company Information
Company Number
10998092
Website
-Registered Address
5 segedunum business centre, station road, wallsend, NE28 6HQ
Industry
Extraction of natural gas
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Ricci Martin6 Years
Shareholders
ricci martin 100%
rm rigging ne ltd Estimated Valuation
Pomanda estimates the enterprise value of RM RIGGING NE LTD at £73.1k based on a Turnover of £159.8k and 0.46x industry multiple (adjusted for size and gross margin).
rm rigging ne ltd Estimated Valuation
Pomanda estimates the enterprise value of RM RIGGING NE LTD at £0 based on an EBITDA of £-5.1k and a 1.11x industry multiple (adjusted for size and gross margin).
rm rigging ne ltd Estimated Valuation
Pomanda estimates the enterprise value of RM RIGGING NE LTD at £3 based on Net Assets of £3 and 1.29x industry multiple (adjusted for liquidity).
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Rm Rigging Ne Ltd Overview
Rm Rigging Ne Ltd is a dissolved company that was located in wallsend, NE28 6HQ with a Companies House number of 10998092. It operated in the extraction of natural gas sector, SIC Code 06200. Founded in October 2017, it's largest shareholder was ricci martin with a 100% stake. The last turnover for Rm Rigging Ne Ltd was estimated at £159.8k.
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Rm Rigging Ne Ltd Health Check
Pomanda's financial health check has awarded Rm Rigging Ne Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
6 Weak
Size
annual sales of £159.8k, make it smaller than the average company (£18.6m)
- Rm Rigging Ne Ltd
£18.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rm Rigging Ne Ltd
- - Industry AVG
Production
with a gross margin of 16.8%, this company has a comparable cost of product (16.8%)
- Rm Rigging Ne Ltd
16.8% - Industry AVG
Profitability
an operating margin of -3.2% make it less profitable than the average company (0.5%)
- Rm Rigging Ne Ltd
0.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
1 - Rm Rigging Ne Ltd
25 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
- Rm Rigging Ne Ltd
£54k - Industry AVG
Efficiency
resulting in sales per employee of £159.8k, this is less efficient (£385.8k)
- Rm Rigging Ne Ltd
£385.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rm Rigging Ne Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (16 days)
- Rm Rigging Ne Ltd
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rm Rigging Ne Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rm Rigging Ne Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.6%, this is a higher level of debt than the average (66.8%)
99.6% - Rm Rigging Ne Ltd
66.8% - Industry AVG
RM RIGGING NE LTD financials
Rm Rigging Ne Ltd's latest turnover from October 2020 is estimated at £159.8 thousand and the company has net assets of £3. According to their latest financial statements, Rm Rigging Ne Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2020 | Oct 2019 | Oct 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 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2020 | Oct 2019 | Oct 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 | 0 | 4,520 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 798 | 5,136 | 0 |
| Cash | 0 | 633 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 798 | 10,289 | 0 |
| total assets | 798 | 10,289 | 0 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 295 | 60 | 75 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 500 | 5,121 | 3,453 |
| total current liabilities | 795 | 5,181 | 3,528 |
| 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 | 795 | 5,181 | 3,528 |
| net assets | 3 | 5,108 | -3,528 |
| total shareholders funds | 3 | 5,108 | -3,528 |
| Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -8,858 | 9,656 | 0 |
| Creditors | 235 | -15 | 75 |
| Accruals and Deferred Income | -4,621 | 1,668 | 3,453 |
| 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 | -633 | 633 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | -633 | 633 | 0 |
rm rigging ne ltd Credit Report and Business Information
Rm Rigging Ne Ltd Competitor Analysis
Perform a competitor analysis for rm rigging ne ltd by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other undefined companies, companies in NE28 area or any other competitors across 12 key performance metrics.
rm rigging ne ltd Ownership
RM RIGGING NE LTD group structure
Rm Rigging Ne Ltd has no subsidiary companies.
Ultimate parent company
RM RIGGING NE LTD
10998092
rm rigging ne ltd directors
Rm Rigging Ne Ltd currently has 1 director, Mr Ricci Martin serving since Oct 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ricci Martin | England | 35 years | Oct 2017 | - | Director |
P&L
October 2020turnover
159.8k
-25%
operating profit
-5.1k
0%
gross margin
16.9%
-53.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2020net assets
3
-1%
total assets
798
-0.92%
cash
0
-1%
net assets
Total assets minus all liabilities
rm rigging ne ltd company details
company number
10998092
Type
Private limited with Share Capital
industry
06200 - Extraction of natural gas
incorporation date
October 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
October 2020
address
5 segedunum business centre, station road, wallsend, NE28 6HQ
accountant
A & P SERVICE
auditor
-
rm rigging ne 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 rm rigging ne ltd.
rm rigging ne ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
