rimbal holdings limited
rimbal holdings limited Company Information
Company Number
11013618
Website
-Registered Address
unit 8 8 shepherd market, london, W1J 7JY
Industry
Activities of financial services holding companies
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
silverstripe general partner limited 44.2%
angus macnee 37.8%
View Allrimbal holdings limited Estimated Valuation
Pomanda estimates the enterprise value of RIMBAL HOLDINGS LIMITED at £11.9m based on a Turnover of £14.2m and 0.84x industry multiple (adjusted for size and gross margin).
rimbal holdings limited Estimated Valuation
Pomanda estimates the enterprise value of RIMBAL HOLDINGS LIMITED at £0 based on an EBITDA of £-504.3k and a 2.93x industry multiple (adjusted for size and gross margin).
rimbal holdings limited Estimated Valuation
Pomanda estimates the enterprise value of RIMBAL HOLDINGS LIMITED at £4.6m based on Net Assets of £3.3m and 1.39x industry multiple (adjusted for liquidity).
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Rimbal Holdings Limited Overview
Rimbal Holdings Limited is a live company located in london, W1J 7JY with a Companies House number of 11013618. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in October 2017, it's largest shareholder is silverstripe general partner limited with a 44.1% stake. Rimbal Holdings Limited is a young, mid sized company, Pomanda has estimated its turnover at £14.2m with unknown growth in recent years.
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Rimbal Holdings Limited Health Check
Pomanda's financial health check has awarded Rimbal Holdings Limited a 4.5 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
5 Strong
1 Regular
4 Weak
Size
annual sales of £14.2m, make it larger than the average company (£11.5m)
£14.2m - Rimbal Holdings Limited
£11.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rimbal Holdings Limited
- - Industry AVG
Production
with a gross margin of 13.7%, this company has a higher cost of product (74.8%)
13.7% - Rimbal Holdings Limited
74.8% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (8.8%)
-5.1% - Rimbal Holdings Limited
8.8% - Industry AVG
Employees
with 21 employees, this is below the industry average (66)
21 - Rimbal Holdings Limited
66 - Industry AVG
Pay Structure
on an average salary of £66.1k, the company has an equivalent pay structure (£80.8k)
£66.1k - Rimbal Holdings Limited
£80.8k - Industry AVG
Efficiency
resulting in sales per employee of £676.7k, this is more efficient (£212.7k)
£676.7k - Rimbal Holdings Limited
£212.7k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (44 days)
11 days - Rimbal Holdings Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (47 days)
15 days - Rimbal Holdings Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rimbal Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 133 weeks, this is more cash available to meet short term requirements (29 weeks)
133 weeks - Rimbal Holdings Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.6%, this is a lower level of debt than the average (57.7%)
45.6% - Rimbal Holdings Limited
57.7% - Industry AVG
RIMBAL HOLDINGS LIMITED financials
Rimbal Holdings Limited's latest turnover from June 2023 is £14.2 million and the company has net assets of £3.3 million. According to their latest financial statements, Rimbal Holdings Limited has 21 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 14,210,317 | 12,020,501 | ||||
| Other Income Or Grants | 0 | 0 | ||||
| Cost Of Sales | 12,264,165 | 10,413,000 | ||||
| Gross Profit | 1,946,152 | 1,607,501 | ||||
| Admin Expenses | 2,677,547 | 1,896,123 | ||||
| Operating Profit | -731,395 | -288,622 | ||||
| Interest Payable | 116,078 | 74,939 | ||||
| Interest Receivable | 23,256 | 738 | ||||
| Pre-Tax Profit | -824,217 | -365,327 | ||||
| Tax | 116,353 | 2,244 | ||||
| Profit After Tax | -707,864 | -363,083 | ||||
| Dividends Paid | 0 | 0 | ||||
| Retained Profit | -707,864 | -363,083 | ||||
| Employee Costs | 1,387,805 | 746,422 | ||||
| Number Of Employees | 21 | 13 | ||||
| EBITDA* | -504,309 | -92,537 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 17,586 | 18,950 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1,062,976 | 975,843 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,525,000 | 1,525,000 | 991,881 | 393,881 | 186,381 | 6,181 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,605,562 | 2,519,793 | 991,881 | 393,881 | 186,381 | 6,181 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 463,616 | 459,969 | 481,300 | 0 | 0 | 0 |
| Group Debtors | 347,370 | 0 | 0 | 330,252 | 192,016 | 54,863 |
| Misc Debtors | 157,529 | 44,618 | 0 | 0 | 0 | 0 |
| Cash | 2,509,452 | 3,558,243 | 7,466 | 44,950 | 109,538 | 156,025 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,477,967 | 4,062,830 | 488,766 | 375,202 | 301,554 | 210,888 |
| total assets | 6,083,529 | 6,582,623 | 1,480,647 | 769,083 | 487,935 | 217,069 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 518,144 | 479,130 | 957,668 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 94,950 | 0 | 0 |
| other short term finances | 0 | 4,500,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 455,798 | 303,490 | 0 | 186,838 | 168,526 | 148,550 |
| total current liabilities | 973,942 | 5,282,620 | 957,668 | 281,788 | 168,526 | 148,550 |
| loans | 1,532,036 | 1,416,089 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 268,546 | 367,044 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,800,582 | 1,783,133 | 0 | 0 | 0 | 0 |
| total liabilities | 2,774,524 | 7,065,753 | 957,668 | 281,788 | 168,526 | 148,550 |
| net assets | 3,309,005 | -483,130 | 522,979 | 487,295 | 319,409 | 68,519 |
| total shareholders funds | 3,309,005 | -483,130 | 522,979 | 487,295 | 319,409 | 68,519 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -731,395 | -288,622 | ||||
| Depreciation | 15,881 | 15,801 | 0 | 0 | 0 | 0 |
| Amortisation | 211,205 | 180,284 | 0 | 0 | 0 | 0 |
| Tax | 116,353 | 2,244 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 463,928 | 23,287 | 151,048 | 138,236 | 137,153 | 54,863 |
| Creditors | 39,014 | -478,538 | 957,668 | 0 | 0 | 0 |
| Accruals and Deferred Income | 152,308 | 303,490 | -186,838 | 18,312 | 19,976 | 148,550 |
| Deferred Taxes & Provisions | -98,498 | 367,044 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -759,060 | 78,416 | ||||
| Investing Activities | ||||||
| capital expenditure | 0 | 0 | ||||
| Change in Investments | 0 | 533,119 | 598,000 | 207,500 | 180,200 | 6,181 |
| cash flow from investments | 0 | -533,119 | ||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -94,950 | 94,950 | 0 | 0 |
| Other Short Term Loans | -4,500,000 | 4,500,000 | 0 | 0 | 0 | 0 |
| Long term loans | 115,947 | 1,416,089 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -92,822 | -74,201 | ||||
| cash flow from financing | 23,124 | 5,198,862 | ||||
| cash and cash equivalents | ||||||
| cash | -1,048,791 | 3,550,777 | -37,484 | -64,588 | -46,487 | 156,025 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,048,791 | 3,550,777 | -37,484 | -64,588 | -46,487 | 156,025 |
rimbal holdings limited Credit Report and Business Information
Rimbal Holdings Limited Competitor Analysis
Perform a competitor analysis for rimbal holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
rimbal holdings limited Ownership
RIMBAL HOLDINGS LIMITED group structure
Rimbal Holdings Limited has 4 subsidiary companies.
Ultimate parent company
RIMBAL HOLDINGS LIMITED
11013618
4 subsidiaries
rimbal holdings limited directors
Rimbal Holdings Limited currently has 5 directors. The longest serving directors include Mr Angus MacNee (Oct 2017) and Mr John Paterson (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Angus MacNee | England | 42 years | Oct 2017 | - | Director |
| Mr John Paterson | United Kingdom | 76 years | Nov 2017 | - | Director |
| Mr Alfred Meeks | England | 69 years | Jul 2022 | - | Director |
| Mr Alex Cuppage | United Kingdom | 42 years | Dec 2022 | - | Director |
| Mr Nicholas Aspinall | England | 59 years | Dec 2022 | - | Director |
P&L
June 2023turnover
14.2m
+18%
operating profit
-731.4k
+153%
gross margin
13.7%
+2.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
3.3m
-7.85%
total assets
6.1m
-0.08%
cash
2.5m
-0.29%
net assets
Total assets minus all liabilities
rimbal holdings limited company details
company number
11013618
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
October 2017
age
7
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 8 8 shepherd market, london, W1J 7JY
last accounts submitted
June 2023
rimbal holdings 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 2 charges/mortgages relating to rimbal holdings limited. Currently there are 1 open charges and 1 have been satisfied in the past.
rimbal holdings limited Companies House Filings - See Documents
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