ratia ltd
ratia ltd Company Information
Company Number
11143181
Website
-Registered Address
34 goodheart way, leicester, LE3 3RX
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Raksha Gorania6 Years
Shareholders
raksha gorania 50%
ashish ratia 50%
ratia ltd Estimated Valuation
Pomanda estimates the enterprise value of RATIA LTD at £167.1k based on a Turnover of £674.6k and 0.25x industry multiple (adjusted for size and gross margin).
ratia ltd Estimated Valuation
Pomanda estimates the enterprise value of RATIA LTD at £0 based on an EBITDA of £-14.1k and a 2.88x industry multiple (adjusted for size and gross margin).
ratia ltd Estimated Valuation
Pomanda estimates the enterprise value of RATIA LTD at £21.4k based on Net Assets of £7.8k and 2.75x industry multiple (adjusted for liquidity).
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Ratia Ltd Overview
Ratia Ltd is a live company located in leicester, LE3 3RX with a Companies House number of 11143181. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in January 2018, it's largest shareholder is raksha gorania with a 50% stake. Ratia Ltd is a young, small sized company, Pomanda has estimated its turnover at £674.6k with declining growth in recent years.
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Ratia Ltd Health Check
Pomanda's financial health check has awarded Ratia Ltd a 2 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 £674.6k, make it smaller than the average company (£933k)
- Ratia Ltd
£933k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (4.7%)
- Ratia Ltd
4.7% - Industry AVG
Production
with a gross margin of 16.2%, this company has a higher cost of product (23.3%)
- Ratia Ltd
23.3% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (3.1%)
- Ratia Ltd
3.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (16)
2 - Ratia Ltd
16 - Industry AVG
Pay Structure
on an average salary of £15.2k, the company has an equivalent pay structure (£15.2k)
- Ratia Ltd
£15.2k - Industry AVG
Efficiency
resulting in sales per employee of £337.3k, this is more efficient (£112k)
- Ratia Ltd
£112k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (6 days)
- Ratia Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (25 days)
- Ratia Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ratia Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ratia Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.9%, this is a higher level of debt than the average (68.2%)
95.9% - Ratia Ltd
68.2% - Industry AVG
RATIA LTD financials
Ratia Ltd's latest turnover from January 2023 is estimated at £674.6 thousand and the company has net assets of £7.8 thousand. According to their latest financial statements, Ratia Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 87,434 | 95,692 | 105,165 | 115,055 | 129,681 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 87,434 | 95,692 | 105,165 | 115,055 | 129,681 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 100,832 | 105,041 | 105,388 | 84,499 | 47,356 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 100,832 | 105,041 | 105,388 | 84,499 | 47,356 |
| total assets | 188,266 | 200,733 | 210,553 | 199,554 | 177,037 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 145,278 | 132,507 | 132,586 | 190,122 | 176,620 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 145,278 | 132,507 | 132,586 | 190,122 | 176,620 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 35,185 | 46,296 | 50,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 35,185 | 46,296 | 50,000 | 0 | 0 |
| total liabilities | 180,463 | 178,803 | 182,586 | 190,122 | 176,620 |
| net assets | 7,803 | 21,930 | 27,967 | 9,432 | 417 |
| total shareholders funds | 7,803 | 21,930 | 27,967 | 9,432 | 417 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,209 | -347 | 20,889 | 37,143 | 47,356 |
| Creditors | 12,771 | -79 | -57,536 | 13,502 | 176,620 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -11,111 | -3,704 | 50,000 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
ratia ltd Credit Report and Business Information
Ratia Ltd Competitor Analysis
Perform a competitor analysis for ratia ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in LE3 area or any other competitors across 12 key performance metrics.
ratia ltd Ownership
RATIA LTD group structure
Ratia Ltd has no subsidiary companies.
Ultimate parent company
RATIA LTD
11143181
ratia ltd directors
Ratia Ltd currently has 1 director, Miss Raksha Gorania serving since Jan 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Raksha Gorania | United Kingdom | 38 years | Jan 2018 | - | Director |
P&L
January 2023turnover
674.6k
+12%
operating profit
-14.1k
0%
gross margin
16.3%
-0.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
7.8k
-0.64%
total assets
188.3k
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
ratia ltd company details
company number
11143181
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
January 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2023
previous names
N/A
accountant
JUSTA LIMITED
auditor
-
address
34 goodheart way, leicester, LE3 3RX
Bank
-
Legal Advisor
-
ratia 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 ratia ltd.
ratia ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
