ras capital no2 ltd
ras capital no2 ltd Company Information
Company Number
11212095
Next Accounts
Dec 2025
Shareholders
vanilla frost ltd
lisa amin
View AllGroup Structure
View All
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Registered Address
11 st christopher's place, london, london, W1U 1NG
Website
rascapital.co.ukras capital no2 ltd Estimated Valuation
Pomanda estimates the enterprise value of RAS CAPITAL NO2 LTD at £907.5k based on a Turnover of £737.9k and 1.23x industry multiple (adjusted for size and gross margin).
ras capital no2 ltd Estimated Valuation
Pomanda estimates the enterprise value of RAS CAPITAL NO2 LTD at £59.8k based on an EBITDA of £13.3k and a 4.48x industry multiple (adjusted for size and gross margin).
ras capital no2 ltd Estimated Valuation
Pomanda estimates the enterprise value of RAS CAPITAL NO2 LTD at £81.7k based on Net Assets of £43.3k and 1.89x industry multiple (adjusted for liquidity).
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Ras Capital No2 Ltd Overview
Ras Capital No2 Ltd is a live company located in london, W1U 1NG with a Companies House number of 11212095. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in February 2018, it's largest shareholder is vanilla frost ltd with a 50% stake. Ras Capital No2 Ltd is a young, small sized company, Pomanda has estimated its turnover at £737.9k with declining growth in recent years.
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Ras Capital No2 Ltd Health Check
Pomanda's financial health check has awarded Ras Capital No2 Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
4 Weak
Size
annual sales of £737.9k, make it smaller than the average company (£4.9m)
- Ras Capital No2 Ltd
£4.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (7.3%)
- Ras Capital No2 Ltd
7.3% - Industry AVG
Production
with a gross margin of 59.1%, this company has a comparable cost of product (59.1%)
- Ras Capital No2 Ltd
59.1% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (17.5%)
- Ras Capital No2 Ltd
17.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
- Ras Capital No2 Ltd
5 - Industry AVG
Pay Structure
on an average salary of £65.2k, the company has an equivalent pay structure (£65.2k)
- Ras Capital No2 Ltd
£65.2k - Industry AVG
Efficiency
resulting in sales per employee of £368.9k, this is equally as efficient (£397.4k)
- Ras Capital No2 Ltd
£397.4k - Industry AVG
Debtor Days
it gets paid by customers after 246 days, this is near the average (246 days)
- Ras Capital No2 Ltd
246 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ras Capital No2 Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ras Capital No2 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 581 weeks, this is more cash available to meet short term requirements (7 weeks)
581 weeks - Ras Capital No2 Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93%, this is a similar level of debt than the average (88.8%)
93% - Ras Capital No2 Ltd
88.8% - Industry AVG
RAS CAPITAL NO2 LTD financials
Ras Capital No2 Ltd's latest turnover from March 2024 is estimated at £737.9 thousand and the company has net assets of £43.3 thousand. According to their latest financial statements, we estimate that Ras Capital No2 Ltd has 2 employees and maintains cash reserves of £53 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | ||||||
| Trade Debtors | 498,225 | 1,289,170 | 2,655,196 | 8,117,163 | 16,018,026 | |
| Group Debtors | ||||||
| Misc Debtors | 63,315 | 64,341 | 461,715 | 930,815 | 689,823 | |
| Cash | 52,979 | 7,828 | 130,582 | 1,254 | 38,466 | 288,275 |
| misc current assets | ||||||
| total current assets | 614,519 | 1,361,339 | 130,582 | 3,118,165 | 9,086,444 | 16,996,124 |
| total assets | 614,519 | 1,361,339 | 130,582 | 3,118,165 | 9,086,444 | 16,996,124 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | ||||||
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 4,734 | 9,378 | 126,771 | 17,098 | 72,733 | 137,894 |
| total current liabilities | 4,734 | 9,378 | 126,771 | 17,098 | 72,733 | 137,894 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 566,534 | 1,319,912 | 2,894,519 | 8,733,284 | 16,716,944 | |
| provisions | ||||||
| total long term liabilities | 566,534 | 1,319,912 | 2,894,519 | 8,733,284 | 16,716,944 | |
| total liabilities | 571,268 | 1,329,290 | 126,771 | 2,911,617 | 8,806,017 | 16,854,838 |
| net assets | 43,251 | 32,049 | 3,811 | 206,548 | 280,427 | 141,286 |
| total shareholders funds | 43,251 | 32,049 | 3,811 | 206,548 | 280,427 | 141,286 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -791,971 | 1,353,511 | -3,116,911 | -5,931,067 | -7,659,871 | 16,707,849 |
| Creditors | ||||||
| Accruals and Deferred Income | -4,644 | -117,393 | 109,673 | -55,635 | -65,161 | 137,894 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| 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 | -753,378 | 1,319,912 | -2,894,519 | -5,838,765 | -7,983,660 | 16,716,944 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 45,151 | -122,754 | 129,328 | -37,212 | -249,809 | 288,275 |
| overdraft | ||||||
| change in cash | 45,151 | -122,754 | 129,328 | -37,212 | -249,809 | 288,275 |
ras capital no2 ltd Credit Report and Business Information
Ras Capital No2 Ltd Competitor Analysis
Perform a competitor analysis for ras capital no2 ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in W1U area or any other competitors across 12 key performance metrics.
ras capital no2 ltd Ownership
RAS CAPITAL NO2 LTD group structure
Ras Capital No2 Ltd has no subsidiary companies.
Ultimate parent company
RAS CAPITAL NO2 LTD
11212095
ras capital no2 ltd directors
Ras Capital No2 Ltd currently has 2 directors. The longest serving directors include Mr Assad Amin (Feb 2018) and Mr Edward Spencer (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Assad Amin | England | 53 years | Feb 2018 | - | Director |
| Mr Edward Spencer | England | 52 years | Feb 2018 | - | Director |
P&L
March 2024turnover
737.9k
-59%
operating profit
13.3k
0%
gross margin
59.2%
-10.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
43.3k
+0.35%
total assets
614.5k
-0.55%
cash
53k
+5.77%
net assets
Total assets minus all liabilities
ras capital no2 ltd company details
company number
11212095
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
11 st christopher's place, london, london, W1U 1NG
Bank
-
Legal Advisor
-
ras capital no2 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 found 9 charges/mortgages relating to ras capital no2 ltd. Currently there are 9 open charges and 0 have been satisfied in the past.
ras capital no2 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.
Click to start generating capital raising & share issue transactions for RAS CAPITAL NO2 LTD. This can take several minutes, an email will notify you when this has completed.
ras capital no2 ltd Companies House Filings - See Documents
| date | description | view/download |
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