ratnaafin business solutions ltd
ratnaafin business solutions ltd Company Information
Company Number
11264578
Next Accounts
Dec 2024
Industry
Other business support service activities n.e.c.
Accounting, and auditing activities
Directors
Shareholders
ratnaafin global holdings limited
esitaas holdings ltd
Group Structure
View All
Contact
Registered Address
premier house, 43-45 sanders road, wellingborough, northamptonshire, NN8 4NL
Website
www.esitaas.co.ukratnaafin business solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of RATNAAFIN BUSINESS SOLUTIONS LTD at £22.4k based on a Turnover of £31.3k and 0.71x industry multiple (adjusted for size and gross margin).
ratnaafin business solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of RATNAAFIN BUSINESS SOLUTIONS LTD at £124.6k based on an EBITDA of £26.9k and a 4.63x industry multiple (adjusted for size and gross margin).
ratnaafin business solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of RATNAAFIN BUSINESS SOLUTIONS LTD at £0 based on Net Assets of £-71.3k and 3.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ratnaafin Business Solutions Ltd Overview
Ratnaafin Business Solutions Ltd is a live company located in wellingborough, NN8 4NL with a Companies House number of 11264578. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in March 2018, it's largest shareholder is ratnaafin global holdings limited with a 60% stake. Ratnaafin Business Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £31.3k with declining growth in recent years.
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Ratnaafin Business Solutions Ltd Health Check
Pomanda's financial health check has awarded Ratnaafin Business Solutions Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £31.3k, make it smaller than the average company (£859.4k)
- Ratnaafin Business Solutions Ltd
£859.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (4.7%)
- Ratnaafin Business Solutions Ltd
4.7% - Industry AVG
Production
with a gross margin of 66%, this company has a comparable cost of product (66%)
- Ratnaafin Business Solutions Ltd
66% - Industry AVG
Profitability
an operating margin of 85.9% make it more profitable than the average company (10.5%)
- Ratnaafin Business Solutions Ltd
10.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Ratnaafin Business Solutions Ltd
7 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
- Ratnaafin Business Solutions Ltd
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £31.3k, this is less efficient (£83.1k)
- Ratnaafin Business Solutions Ltd
£83.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (72 days)
- Ratnaafin Business Solutions Ltd
72 days - Industry AVG
Creditor Days
its suppliers are paid after 931 days, this is slower than average (27 days)
- Ratnaafin Business Solutions Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ratnaafin Business Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (34 weeks)
0 weeks - Ratnaafin Business Solutions Ltd
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38615.7%, this is a higher level of debt than the average (55.9%)
38615.7% - Ratnaafin Business Solutions Ltd
55.9% - Industry AVG
RATNAAFIN BUSINESS SOLUTIONS LTD financials
Ratnaafin Business Solutions Ltd's latest turnover from March 2023 is estimated at £31.3 thousand and the company has net assets of -£71.3 thousand. According to their latest financial statements, Ratnaafin Business Solutions Ltd has 1 employee and maintains cash reserves of £76 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 100 | 0 | 0 | 0 | 1,413 |
| Group Debtors | 9 | 9 | 860 | 851 | 1 |
| Misc Debtors | 0 | 0 | 0 | 1,685 | 17,017 |
| Cash | 76 | 78 | 30 | 289 | 3,181 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 185 | 87 | 890 | 2,825 | 21,612 |
| total assets | 185 | 87 | 890 | 2,825 | 21,612 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 1,010 | 1,010 | 0 | 0 | 0 |
| Trade Creditors | 27,167 | 27,167 | 17,630 | 7,925 | 0 |
| Group/Directors Accounts | 33,570 | 49,118 | 46,538 | 39,068 | 43,594 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,540 | 12,350 | 9,700 | 11,000 | 1,243 |
| total current liabilities | 69,287 | 89,645 | 73,868 | 57,993 | 44,837 |
| loans | 2,152 | 3,199 | 5,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,152 | 3,199 | 5,000 | 0 | 0 |
| total liabilities | 71,439 | 92,844 | 78,868 | 57,993 | 44,837 |
| net assets | -71,254 | -92,757 | -77,978 | -55,168 | -23,225 |
| total shareholders funds | -71,254 | -92,757 | -77,978 | -55,168 | -23,225 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 100 | -851 | -1,676 | -15,895 | 18,431 |
| Creditors | 0 | 9,537 | 9,705 | 7,925 | 0 |
| Accruals and Deferred Income | -4,810 | 2,650 | -1,300 | 9,757 | 1,243 |
| 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 | 1,010 | 0 | 0 | 0 |
| Group/Directors Accounts | -15,548 | 2,580 | 7,470 | -4,526 | 43,594 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -1,047 | -1,801 | 5,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -2 | 48 | -259 | -2,892 | 3,181 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2 | 48 | -259 | -2,892 | 3,181 |
ratnaafin business solutions ltd Credit Report and Business Information
Ratnaafin Business Solutions Ltd Competitor Analysis
Perform a competitor analysis for ratnaafin business solutions ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NN8 area or any other competitors across 12 key performance metrics.
ratnaafin business solutions ltd Ownership
RATNAAFIN BUSINESS SOLUTIONS LTD group structure
Ratnaafin Business Solutions Ltd has no subsidiary companies.
Ultimate parent company
RATNAAFIN BUSINESS SOLUTIONS PRIVATE
#0115564
2 parents
RATNAAFIN BUSINESS SOLUTIONS LTD
11264578
ratnaafin business solutions ltd directors
Ratnaafin Business Solutions Ltd currently has 1 director, Mr Sunil Panchal serving since Mar 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sunil Panchal | England | 57 years | Mar 2018 | - | Director |
P&L
March 2023turnover
31.3k
-65%
operating profit
26.9k
0%
gross margin
66.1%
+2.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-71.3k
-0.23%
total assets
185
+1.13%
cash
76
-0.03%
net assets
Total assets minus all liabilities
Similar Companies
ratnaafin business solutions ltd company details
company number
11264578
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
69201 - Accounting, and auditing activities
69203 - Tax consultancy
incorporation date
March 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
esitaas outsourcing ltd (March 2021)
accountant
-
auditor
-
address
premier house, 43-45 sanders road, wellingborough, northamptonshire, NN8 4NL
Bank
-
Legal Advisor
-
ratnaafin business solutions 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 ratnaafin business solutions ltd.
ratnaafin business solutions 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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ratnaafin business solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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