royale mining resources ltd.

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royale mining resources ltd. Company Information

Share ROYALE MINING RESOURCES LTD.

Company Number

11082032

Shareholders

alifia samiwala

taha mohamedali

Group Structure

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Industry

Other mining and quarrying n.e.c.

 

Registered Address

139 melton road, leicester, LE4 6QS

royale mining resources ltd. Estimated Valuation

£314.8k

Pomanda estimates the enterprise value of ROYALE MINING RESOURCES LTD. at £314.8k based on a Turnover of £634.8k and 0.5x industry multiple (adjusted for size and gross margin).

royale mining resources ltd. Estimated Valuation

£0

Pomanda estimates the enterprise value of ROYALE MINING RESOURCES LTD. at £0 based on an EBITDA of £-4.4k and a 2.18x industry multiple (adjusted for size and gross margin).

royale mining resources ltd. Estimated Valuation

£0

Pomanda estimates the enterprise value of ROYALE MINING RESOURCES LTD. at £0 based on Net Assets of £-4.8k and 1.03x industry multiple (adjusted for liquidity).

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Royale Mining Resources Ltd. Overview

Royale Mining Resources Ltd. is a live company located in leicester, LE4 6QS with a Companies House number of 11082032. It operates in the other mining and quarrying n.e.c. sector, SIC Code 08990. Founded in November 2017, it's largest shareholder is alifia samiwala with a 85% stake. Royale Mining Resources Ltd. is a young, small sized company, Pomanda has estimated its turnover at £634.8k with unknown growth in recent years.

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Royale Mining Resources Ltd. Health Check

Pomanda's financial health check has awarded Royale Mining Resources Ltd. a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £634.8k, make it smaller than the average company (£13.9m)

£634.8k - Royale Mining Resources Ltd.

£13.9m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Royale Mining Resources Ltd.

- - Industry AVG

production

Production

with a gross margin of 15.7%, this company has a higher cost of product (24.3%)

15.7% - Royale Mining Resources Ltd.

24.3% - Industry AVG

profitability

Profitability

an operating margin of -0.7% make it less profitable than the average company (9.4%)

-0.7% - Royale Mining Resources Ltd.

9.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (56)

2 - Royale Mining Resources Ltd.

56 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.3k, the company has an equivalent pay structure (£49.3k)

£49.3k - Royale Mining Resources Ltd.

£49.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £317.4k, this is more efficient (£241.9k)

£317.4k - Royale Mining Resources Ltd.

£241.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 57 days, this is near the average (51 days)

57 days - Royale Mining Resources Ltd.

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 131 days, this is slower than average (47 days)

131 days - Royale Mining Resources Ltd.

47 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Royale Mining Resources Ltd.

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (12 weeks)

23 weeks - Royale Mining Resources Ltd.

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 102.6%, this is a higher level of debt than the average (37.6%)

102.6% - Royale Mining Resources Ltd.

37.6% - Industry AVG

ROYALE MINING RESOURCES LTD. financials

EXPORTms excel logo

Royale Mining Resources Ltd.'s latest turnover from November 2023 is estimated at £634.8 thousand and the company has net assets of -£4.8 thousand. According to their latest financial statements, we estimate that Royale Mining Resources Ltd. has 2 employees and maintains cash reserves of £87.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Turnover634,81410,646425,195
Other Income Or Grants
Cost Of Sales535,3719,164374,244
Gross Profit99,4431,48250,951
Admin Expenses103,8325,82551,001
Operating Profit-4,389-4,343-50
Interest Payable
Interest Receivable2,2961,50350
Pre-Tax Profit-2,093-2,840
Tax
Profit After Tax-2,093-2,840
Dividends Paid
Retained Profit-2,093-2,840
Employee Costs98,69143,77584,163
Number Of Employees212
EBITDA*-4,389-4,343-50

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors100,000
Group Debtors
Misc Debtors
Cash87,361109100,100100100
misc current assets
total current assets187,361109100,100100100
total assets187,361109100,100100100
Bank overdraft
Bank loan
Trade Creditors 192,1942,849100,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities192,1942,849100,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities192,1942,849100,000
net assets-4,833-2,740100100100
total shareholders funds-4,833-2,740100100100
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Operating Activities
Operating Profit-4,389-4,343-50
Depreciation
Amortisation
Tax
Stock
Debtors100,000
Creditors189,345-97,151100,000
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations84,956-101,49499,950
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
share issue100
interest2,2961,50350
cash flow from financing2,2961,50350100
cash and cash equivalents
cash87,252-99,991100,000100
overdraft
change in cash87,252-99,991100,000100

royale mining resources ltd. 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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Royale Mining Resources Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for royale mining resources ltd. by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other small companies, companies in LE4 area or any other competitors across 12 key performance metrics.

royale mining resources ltd. Ownership

ROYALE MINING RESOURCES LTD. group structure

Royale Mining Resources Ltd. has no subsidiary companies.

Ultimate parent company

ROYALE MINING RESOURCES LTD.

11082032

ROYALE MINING RESOURCES LTD. Shareholders

alifia samiwala 85%
taha mohamedali 15%

royale mining resources ltd. directors

Royale Mining Resources Ltd. currently has 2 directors. The longest serving directors include Mrs Alifia Samiwala (Nov 2017) and Mr Taha Mohamedali (Nov 2017).

officercountryagestartendrole
Mrs Alifia SamiwalaEngland48 years Nov 2017- Director
Mr Taha MohamedaliEngland49 years Nov 2017- Director

P&L

November 2023

turnover

634.8k

+5863%

operating profit

-4.4k

0%

gross margin

15.7%

+12.56%

turnover

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

Balance Sheet

November 2023

net assets

-4.8k

+0.76%

total assets

187.4k

+1717.91%

cash

87.4k

+800.48%

net assets

Total assets minus all liabilities

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royale mining resources ltd. company details

company number

11082032

Type

Private limited with Share Capital

industry

08990 - Other mining and quarrying n.e.c.

incorporation date

November 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

November 2023

previous names

royale mining resources plc (September 2022)

accountant

XITAX LIMITED

auditor

-

address

139 melton road, leicester, LE4 6QS

Bank

-

Legal Advisor

-

royale mining resources 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 royale mining resources ltd..

royale mining resources ltd. 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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royale mining resources ltd. Companies House Filings - See Documents

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