Pomanda estimates the enterprise value of RIDDINGS MARINE LIMITED at £129.6k based on a Turnover of £340.6k and 0.38x industry multiple (adjusted for size and gross margin).
riddings marine limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of RIDDINGS MARINE LIMITED at £0 based on an EBITDA of £-6.2k and a 3.57x industry multiple (adjusted for size and gross margin).
riddings marine limitedEstimated Valuation
£5
Pomanda estimates the enterprise value of RIDDINGS MARINE LIMITED at £5 based on Net Assets of £2 and 2.83x industry multiple (adjusted for liquidity).
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Riddings Marine LimitedOverview
Riddings Marine Limited is a dissolved company that was located in derby, DE1 1BR with a Companies House number of 11307993. It operated in the other construction installation sector, SIC Code 43290. Founded in April 2018, it's largest shareholder was
beverley chenford
with a 50% stake. The last turnover for Riddings Marine Limited was estimated at £340.6k.
Pomanda's financial health check has awarded Riddings Marine Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
0 Strong
3 Regular
4 Weak
Size
annual sales of £340.6k, make it smaller than the average company (£1m)
£340.6k - Riddings Marine Limited
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (6.5%)
4% - Riddings Marine Limited
6.5% - Industry AVG
Production
with a gross margin of 27.2%, this company has a comparable cost of product (27.2%)
27.2% - Riddings Marine Limited
27.2% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (5.9%)
-1.8% - Riddings Marine Limited
5.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Riddings Marine Limited
6 - Industry AVG
Pay Structure
on an average salary of £40.8k, the company has an equivalent pay structure (£40.8k)
£40.8k - Riddings Marine Limited
£40.8k - Industry AVG
Efficiency
resulting in sales per employee of £170.3k, this is equally as efficient (£170.3k)
£170.3k - Riddings Marine Limited
£170.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Riddings Marine Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Riddings Marine Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Riddings Marine Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Riddings Marine Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Riddings Marine Limited
- - Industry AVG
RIDDINGS MARINE LIMITED financials
EXPORT
Riddings Marine Limited's latest turnover from April 2023 is estimated at £340.6 thousand and the company has net assets of £2. According to their latest financial statements, Riddings Marine Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Turnover
340,645
325,038
259,471
299,973
122,118
Other Income Or Grants
Cost Of Sales
247,898
238,807
188,497
217,937
88,117
Gross Profit
92,747
86,230
70,974
82,036
34,000
Admin Expenses
98,939
91,179
85,595
70,648
13,897
Operating Profit
-6,192
-4,949
-14,621
11,388
20,103
Interest Payable
Interest Receivable
89
59
19
25
83
Pre-Tax Profit
-6,103
-4,890
-14,602
11,412
20,186
Tax
-2,168
-3,835
Profit After Tax
-6,103
-4,890
-14,602
9,244
16,351
Dividends Paid
Retained Profit
-6,103
-4,890
-14,602
9,244
16,351
Employee Costs
81,658
80,980
78,070
82,289
81,868
Number Of Employees
2
2
2
2
2
EBITDA*
-6,192
-4,949
-14,621
12,504
20,223
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Tangible Assets
3,344
3,344
3,344
3,307
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,344
3,344
3,344
3,307
Stock & work in progress
Trade Debtors
914
Group Debtors
Misc Debtors
2
94
94
Cash
4,183
11,607
27,337
22,240
misc current assets
total current assets
2
4,183
11,607
27,431
23,248
total assets
2
7,527
14,951
30,775
26,555
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
787
3,321
4,543
9,574
total current liabilities
787
3,321
4,543
9,574
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
635
635
635
628
total long term liabilities
635
635
635
628
total liabilities
1,422
3,956
5,178
10,202
net assets
2
6,105
10,995
25,597
16,353
total shareholders funds
2
6,105
10,995
25,597
16,353
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Operating Activities
Operating Profit
-6,192
-4,949
-14,621
11,388
20,103
Depreciation
1,116
120
Amortisation
Tax
-2,168
-3,835
Stock
Debtors
2
-94
-914
1,008
Creditors
Accruals and Deferred Income
-787
-2,534
-1,222
-5,031
9,574
Deferred Taxes & Provisions
-635
7
628
Cash flow from operations
-7,616
-7,483
-15,749
6,226
25,582
Investing Activities
capital expenditure
3,344
-1,153
-3,427
Change in Investments
cash flow from investments
3,344
-1,153
-3,427
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
interest
89
59
19
25
83
cash flow from financing
89
59
19
25
85
cash and cash equivalents
cash
-4,183
-7,424
-15,730
5,097
22,240
overdraft
change in cash
-4,183
-7,424
-15,730
5,097
22,240
riddings marine limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for riddings marine limited. Get real-time insights into riddings marine limited's credit score, group structure and payment trends.
Perform a competitor analysis for riddings marine limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in DE1 area or any other competitors across 12 key performance metrics.
riddings marine limited Ownership
RIDDINGS MARINE LIMITED group structure
Riddings Marine Limited has no subsidiary companies.
Ultimate parent company
RIDDINGS MARINE LIMITED
11307993
RIDDINGS MARINE LIMITED Shareholders
The largest shareholders in Riddings Marine Limited include Beverley Chenford and Philip Chenford.
beverley chenford
50%
philip chenford
50%
riddings marine limited directors
Riddings Marine Limited currently has 2 directors.
The longest serving directors include
Mrs Beverley Chenford (Apr 2018) and
Mr Philip Chenford (Apr 2018).
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 riddings marine limited.
riddings marine limited 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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riddings marine limitedCompanies House Filings - See Documents
