r&b newman limited Company Information
Company Number
11009078
Website
paulnewmannewhomes.co.ukRegistered Address
seebeck house 1 seebeck place, knowlhill, milton keynes, buckinghamshire, MK5 8FR
Industry
Construction of domestic buildings
Telephone
01908866460
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
shenley lodge developments limited 100%
r&b newman limited Estimated Valuation
Pomanda estimates the enterprise value of R&B NEWMAN LIMITED at £2.7m based on a Turnover of £4.8m and 0.55x industry multiple (adjusted for size and gross margin).
r&b newman limited Estimated Valuation
Pomanda estimates the enterprise value of R&B NEWMAN LIMITED at £0 based on an EBITDA of £-20k and a 4.43x industry multiple (adjusted for size and gross margin).
r&b newman limited Estimated Valuation
Pomanda estimates the enterprise value of R&B NEWMAN LIMITED at £0 based on Net Assets of £-8.8k and 1.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
R&b Newman Limited Overview
R&b Newman Limited is a live company located in milton keynes, MK5 8FR with a Companies House number of 11009078. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in October 2017, it's largest shareholder is shenley lodge developments limited with a 100% stake. R&b Newman Limited is a young, small sized company, Pomanda has estimated its turnover at £4.8m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
R&b Newman Limited Health Check
Pomanda's financial health check has awarded R&B Newman Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £4.8m, make it larger than the average company (£488k)
- R&b Newman Limited
£488k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (8.8%)
- R&b Newman Limited
8.8% - Industry AVG
Production
with a gross margin of 20.5%, this company has a comparable cost of product (20.5%)
- R&b Newman Limited
20.5% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (5.3%)
- R&b Newman Limited
5.3% - Industry AVG
Employees
with 24 employees, this is above the industry average (3)
- R&b Newman Limited
3 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has an equivalent pay structure (£43.4k)
- R&b Newman Limited
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £199.4k, this is equally as efficient (£203.7k)
- R&b Newman Limited
£203.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- R&b Newman Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (30 days)
- R&b Newman Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is less than average (277 days)
- R&b Newman Limited
277 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (13 weeks)
2 weeks - R&b Newman Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101%, this is a higher level of debt than the average (71.9%)
101% - R&b Newman Limited
71.9% - Industry AVG
R&B NEWMAN LIMITED financials
R&B Newman Limited's latest turnover from December 2023 is estimated at £4.8 million and the company has net assets of -£8.8 thousand. According to their latest financial statements, we estimate that R&B Newman Limited has 24 employees and maintains cash reserves of £38.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 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
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 191,926 | 372,318 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 191,926 | 372,318 | 0 | 0 | 0 | 0 |
Stock & work in progress | 630,684 | 33,744 | 99,073 | 3,239,208 | 12,788,183 | 2,752,185 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 29,415 | 204,261 | 346,233 | 85,291 | 33,171 | 17,321 |
Cash | 38,152 | 12,143 | 1,085,592 | 950,997 | 745,869 | 184,249 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 698,251 | 250,148 | 1,530,898 | 4,275,496 | 13,567,223 | 2,953,755 |
total assets | 890,177 | 622,466 | 1,530,898 | 4,275,496 | 13,567,223 | 2,953,755 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 568,886 | 4,016,832 | 0 |
Trade Creditors | 672,357 | 416,620 | 769,012 | 936,784 | 1,074,661 | 311,603 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 5,013 | 124,651 | 56,708 | 195,693 | 2,068,710 | 1,250 |
total current liabilities | 677,370 | 541,271 | 825,720 | 1,701,363 | 7,160,203 | 312,853 |
loans | 221,637 | 56,034 | 611,975 | 0 | 3,565,596 | 1,366,034 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 72,195 | 2,588,097 | 2,850,648 | 1,276,710 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 221,637 | 56,034 | 684,170 | 2,588,097 | 6,416,244 | 2,642,744 |
total liabilities | 899,007 | 597,305 | 1,509,890 | 4,289,460 | 13,576,447 | 2,955,597 |
net assets | -8,830 | 25,161 | 21,008 | -13,964 | -9,224 | -1,842 |
total shareholders funds | -8,830 | 25,161 | 21,008 | -13,964 | -9,224 | -1,842 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||
Stock | 596,940 | -65,329 | -3,140,135 | -9,548,975 | 10,035,998 | 2,752,185 |
Debtors | -355,238 | 230,346 | 260,942 | 52,120 | 15,850 | 17,321 |
Creditors | 255,737 | -352,392 | -167,772 | -137,877 | 763,058 | 311,603 |
Accruals and Deferred Income | -119,638 | 67,943 | -138,985 | -1,873,017 | 2,067,460 | 1,250 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | 0 | 0 | -568,886 | -3,447,946 | 4,016,832 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 165,603 | -555,941 | 611,975 | -3,565,596 | 2,199,562 | 1,366,034 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | -72,195 | -2,515,902 | -262,551 | 1,573,938 | 1,276,710 |
share issue | ||||||
interest | ||||||
cash flow from financing | ||||||
cash and cash equivalents | ||||||
cash | 26,009 | -1,073,449 | 134,595 | 205,128 | 561,620 | 184,249 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 26,009 | -1,073,449 | 134,595 | 205,128 | 561,620 | 184,249 |
r&b newman limited Credit Report and Business Information
R&b Newman Limited Competitor Analysis
Perform a competitor analysis for r&b newman limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in MK5 area or any other competitors across 12 key performance metrics.
r&b newman limited Ownership
R&B NEWMAN LIMITED group structure
R&B Newman Limited has no subsidiary companies.
Ultimate parent company
1 parent
R&B NEWMAN LIMITED
11009078
r&b newman limited directors
R&B Newman Limited currently has 3 directors. The longest serving directors include Mr Paul Newman (Oct 2017) and Mr Keith Lowe (Dec 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Paul Newman | Ireland | 71 years | Oct 2017 | - | Director |
Mr Keith Lowe | Ireland | 59 years | Dec 2021 | - | Director |
Mr Keith Lowe | Ireland | 59 years | Dec 2021 | - | Director |
P&L
December 2023turnover
4.8m
+62%
operating profit
-20k
0%
gross margin
20.6%
+3.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-8.8k
-1.35%
total assets
890.2k
+0.43%
cash
38.2k
+2.14%
net assets
Total assets minus all liabilities
r&b newman limited company details
company number
11009078
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
October 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
seebeck house 1 seebeck place, knowlhill, milton keynes, buckinghamshire, MK5 8FR
Bank
-
Legal Advisor
-
r&b newman 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 found 5 charges/mortgages relating to r&b newman limited. Currently there are 0 open charges and 5 have been satisfied in the past.
r&b newman limited Companies House Filings - See Documents
date | description | view/download |
---|