rci bank uk limited
rci bank uk limited Company Information
Company Number
11429127
Next Accounts
Sep 2025
Shareholders
rci banque sa
Group Structure
View All
Industry
Banks
Registered Address
rivers office park denham way, maple cross, rickmansworth, england, WD3 9YS
Website
-rci bank uk limited Estimated Valuation
Pomanda estimates the enterprise value of RCI BANK UK LIMITED at £1.3b based on a Turnover of £544.1m and 2.31x industry multiple (adjusted for size and gross margin).
rci bank uk limited Estimated Valuation
Pomanda estimates the enterprise value of RCI BANK UK LIMITED at £333.3m based on an EBITDA of £37.5m and a 8.88x industry multiple (adjusted for size and gross margin).
rci bank uk limited Estimated Valuation
Pomanda estimates the enterprise value of RCI BANK UK LIMITED at £3.1b based on Net Assets of £696.1m and 4.44x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Rci Bank Uk Limited Overview
Rci Bank Uk Limited is a live company located in rickmansworth, WD3 9YS with a Companies House number of 11429127. It operates in the banks sector, SIC Code 64191. Founded in June 2018, it's largest shareholder is rci banque sa with a 100% stake. Rci Bank Uk Limited is a young, mega sized company, Pomanda has estimated its turnover at £544.1m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Rci Bank Uk Limited Health Check
Pomanda's financial health check has awarded Rci Bank Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
1 Weak
Size
annual sales of £544.1m, make it larger than the average company (£62.6m)
£544.1m - Rci Bank Uk Limited
£62.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (17.1%)
33% - Rci Bank Uk Limited
17.1% - Industry AVG
Production
with a gross margin of 65.5%, this company has a comparable cost of product (65.5%)
65.5% - Rci Bank Uk Limited
65.5% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Rci Bank Uk Limited
- - Industry AVG
Employees
with 334 employees, this is above the industry average (138)
334 - Rci Bank Uk Limited
138 - Industry AVG
Pay Structure
on an average salary of £73.5k, the company has a lower pay structure (£99.1k)
£73.5k - Rci Bank Uk Limited
£99.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£377k)
£1.6m - Rci Bank Uk Limited
£377k - Industry AVG
Debtor Days
it gets paid by customers after 3329 days, this is earlier than average (5182 days)
3329 days - Rci Bank Uk Limited
5182 days - Industry AVG
Creditor Days
its suppliers are paid after 11612 days, this is slower than average (79 days)
11612 days - Rci Bank Uk Limited
79 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rci Bank Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (11 weeks)
8 weeks - Rci Bank Uk Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90%, this is a similar level of debt than the average (90.1%)
90% - Rci Bank Uk Limited
90.1% - Industry AVG
RCI BANK UK LIMITED financials
Rci Bank Uk Limited's latest turnover from December 2023 is £544.1 million and the company has net assets of £696.1 million. According to their latest financial statements, Rci Bank Uk Limited has 334 employees and maintains cash reserves of £1 billion as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 544,091,000 | 350,963,000 | 311,998,000 | 229,594,000 | 217,437,000 | |
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | 63,631,000 | 131,197,000 | 127,547,000 | 71,623,000 | 75,988,000 | |
| Tax | -13,844,000 | -22,458,000 | -20,414,000 | -10,086,000 | -14,421,000 | |
| Profit After Tax | 49,787,000 | 108,739,000 | 107,133,000 | 61,537,000 | 61,567,000 | |
| Dividends Paid | 107,133,000 | 86,862,000 | 51,400,000 | |||
| Retained Profit | 49,787,000 | 1,606,000 | 20,271,000 | 10,137,000 | 61,567,000 | |
| Employee Costs | 24,552,000 | 21,264,000 | 18,706,000 | 18,465,000 | 14,862,000 | |
| Number Of Employees | 334 | 307 | 304 | 308 | 297 | |
| EBITDA* | 37,538,000 | 52,443,000 | 35,811,000 | 28,245,000 | 10,121,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 699,131,000 | 584,799,000 | 692,028,000 | 210,415,000 | 160,512,000 | |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 699,131,000 | 584,799,000 | 692,028,000 | 210,415,000 | 160,512,000 | |
| Stock & work in progress | ||||||
| Trade Debtors | 4,962,934,000 | 4,345,706,000 | 3,424,881,000 | 3,488,624,000 | 4,448,452,000 | |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 1,048,510,000 | 1,201,094,000 | 737,871,000 | 1,088,501,000 | 120,556,000 | |
| misc current assets | ||||||
| total current assets | 6,233,357,000 | 5,712,730,000 | 4,303,654,000 | 4,711,930,000 | 4,697,926,000 | |
| total assets | 6,932,488,000 | 6,297,529,000 | 4,995,682,000 | 4,922,345,000 | 4,858,438,000 | |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 5,972,933,000 | 5,406,357,000 | 4,187,149,000 | 4,108,257,000 | 4,048,355,000 | |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 6,222,355,000 | 5,644,118,000 | 4,354,345,000 | 4,305,708,000 | 4,249,985,000 | |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 13,994,000 | 6,544,000 | ||||
| total liabilities | 6,236,349,000 | 5,650,662,000 | 4,354,345,000 | 4,305,708,000 | 4,249,985,000 | |
| net assets | 696,139,000 | 646,867,000 | 641,337,000 | 616,637,000 | 608,453,000 | |
| total shareholders funds | 696,139,000 | 646,867,000 | 641,337,000 | 616,637,000 | 608,453,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 37,538,000 | 52,443,000 | 35,811,000 | 28,245,000 | 10,121,000 | |
| Amortisation | ||||||
| Tax | -13,844,000 | -22,458,000 | -20,414,000 | -10,086,000 | -14,421,000 | |
| Stock | ||||||
| Debtors | 617,228,000 | 920,825,000 | -63,743,000 | -959,828,000 | 4,448,452,000 | |
| Creditors | 566,576,000 | 1,219,208,000 | 78,892,000 | 59,902,000 | 4,048,355,000 | |
| Accruals and Deferred Income | ||||||
| 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 | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -152,584,000 | 463,223,000 | -350,630,000 | 967,945,000 | 120,556,000 | |
| overdraft | ||||||
| change in cash | -152,584,000 | 463,223,000 | -350,630,000 | 967,945,000 | 120,556,000 |
rci bank uk limited Credit Report and Business Information
Rci Bank Uk Limited Competitor Analysis
Perform a competitor analysis for rci bank uk limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in WD3 area or any other competitors across 12 key performance metrics.
rci bank uk limited Ownership
RCI BANK UK LIMITED group structure
Rci Bank Uk Limited has 2 subsidiary companies.
Ultimate parent company
RENAULT SA
#0135008
RCI BANQUE SA
#0113533
2 parents
RCI BANK UK LIMITED
11429127
2 subsidiaries
rci bank uk limited directors
Rci Bank Uk Limited currently has 8 directors. The longest serving directors include Ms Sheryl Lawrence (Dec 2018) and Mr Julien Louisor (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Sheryl Lawrence | England | 60 years | Dec 2018 | - | Director |
| Mr Julien Louisor | United Kingdom | 41 years | Jul 2020 | - | Director |
| Mr Julien Louisor | England | 41 years | Jul 2020 | - | Director |
| Mr William Gray | England | 59 years | Apr 2021 | - | Director |
| Mr Marc Lagrene | England | 59 years | Apr 2024 | - | Director |
| Mr Keith Smithson | England | 63 years | Jul 2024 | - | Director |
| Mr Vincent Gelle | England | 47 years | Oct 2024 | - | Director |
| Mr Brian Williams | United Kingdom | 59 years | Jan 2025 | - | Director |
P&L
December 2023turnover
544.1m
+55%
operating profit
0
0%
gross margin
65.5%
-14.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
696.1m
+0.08%
total assets
6.9b
+0.1%
cash
1b
-0.13%
net assets
Total assets minus all liabilities
Similar Companies
rci bank uk limited company details
company number
11429127
Type
Private limited with Share Capital
industry
64191 - Banks
incorporation date
June 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
rci services uk limited (March 2019)
accountant
-
auditor
FORVIS MAZARS LLP
address
rivers office park denham way, maple cross, rickmansworth, england, WD3 9YS
Bank
-
Legal Advisor
-
rci bank uk limited 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 rci bank uk limited.
rci bank uk 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.
Click to start generating capital raising & share issue transactions for RCI BANK UK LIMITED. This can take several minutes, an email will notify you when this has completed.
rci bank uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
