rubitec precision limited
rubitec precision limited Company Information
Company Number
11491473
Next Accounts
Apr 2025
Directors
Shareholders
clive andrew shores
joe allardice
Group Structure
View All
Industry
Manufacture of basic iron and steel and of ferro-alloys
Registered Address
unit 14a, waterside business park, hessle, HU13 0EG
Website
-rubitec precision limited Estimated Valuation
Pomanda estimates the enterprise value of RUBITEC PRECISION LIMITED at £57.3k based on a Turnover of £220.4k and 0.26x industry multiple (adjusted for size and gross margin).
rubitec precision limited Estimated Valuation
Pomanda estimates the enterprise value of RUBITEC PRECISION LIMITED at £1.3k based on an EBITDA of £489 and a 2.64x industry multiple (adjusted for size and gross margin).
rubitec precision limited Estimated Valuation
Pomanda estimates the enterprise value of RUBITEC PRECISION LIMITED at £5.4k based on Net Assets of £4.3k and 1.25x industry multiple (adjusted for liquidity).
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Rubitec Precision Limited Overview
Rubitec Precision Limited is a dissolved company that was located in hessle, HU13 0EG with a Companies House number of 11491473. It operated in the manufacture of basic iron and steel and of ferro-alloys sector, SIC Code 24100. Founded in July 2018, it's largest shareholder was clive andrew shores with a 99% stake. The last turnover for Rubitec Precision Limited was estimated at £220.4k.
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Rubitec Precision Limited Health Check
Pomanda's financial health check has awarded Rubitec Precision Limited a 1.5 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
0 Strong
4 Regular
4 Weak
Size
annual sales of £220.4k, make it smaller than the average company (£15.2m)
- Rubitec Precision Limited
£15.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rubitec Precision Limited
- - Industry AVG
Production
with a gross margin of 17.5%, this company has a comparable cost of product (17.5%)
- Rubitec Precision Limited
17.5% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (3.3%)
- Rubitec Precision Limited
3.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (74)
1 - Rubitec Precision Limited
74 - Industry AVG
Pay Structure
on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)
- Rubitec Precision Limited
£39.8k - Industry AVG
Efficiency
resulting in sales per employee of £220.4k, this is equally as efficient (£220.4k)
- Rubitec Precision Limited
£220.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rubitec Precision Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Rubitec Precision Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rubitec Precision Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is average cash available to meet short term requirements (14 weeks)
14 weeks - Rubitec Precision Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.9%, this is a higher level of debt than the average (48.1%)
75.9% - Rubitec Precision Limited
48.1% - Industry AVG
RUBITEC PRECISION LIMITED financials
Rubitec Precision Limited's latest turnover from July 2021 is estimated at £220.4 thousand and the company has net assets of £4.3 thousand. According to their latest financial statements, Rubitec Precision Limited has 1 employee and maintains cash reserves of £1.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2021 | Jul 2020 | Jul 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 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | |||
| Trade Debtors | |||
| Group Debtors | 11,936 | 11,936 | |
| Misc Debtors | 5,011 | 5,011 | |
| Cash | 1,055 | 11,161 | 14,253 |
| misc current assets | |||
| total current assets | 18,002 | 28,108 | 14,253 |
| total assets | 18,002 | 28,108 | 14,253 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 24 | ||
| Group/Directors Accounts | 6,000 | ||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 3,659 | 13,651 | 7,822 |
| total current liabilities | 3,659 | 13,651 | 13,846 |
| loans | 10,000 | 10,000 | |
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | 10,000 | 10,000 | |
| total liabilities | 13,659 | 23,651 | 13,846 |
| net assets | 4,343 | 4,457 | 407 |
| total shareholders funds | 4,343 | 4,457 | 407 |
| Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 16,947 | ||
| Creditors | -24 | 24 | |
| Accruals and Deferred Income | -9,992 | 5,829 | 7,822 |
| 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 | -6,000 | 6,000 | |
| Other Short Term Loans | |||
| Long term loans | 10,000 | ||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -10,106 | -3,092 | 14,253 |
| overdraft | |||
| change in cash | -10,106 | -3,092 | 14,253 |
rubitec precision limited Credit Report and Business Information
Rubitec Precision Limited Competitor Analysis
Perform a competitor analysis for rubitec precision limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in HU13 area or any other competitors across 12 key performance metrics.
rubitec precision limited Ownership
RUBITEC PRECISION LIMITED group structure
Rubitec Precision Limited has no subsidiary companies.
Ultimate parent company
RUBITEC PRECISION LIMITED
11491473
rubitec precision limited directors
Rubitec Precision Limited currently has 1 director, Mr Clive Shores serving since Oct 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Clive Shores | England | 46 years | Oct 2018 | - | Director |
P&L
July 2021turnover
220.4k
-49%
operating profit
489.9
0%
gross margin
17.6%
-5.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2021net assets
4.3k
-0.03%
total assets
18k
-0.36%
cash
1.1k
-0.91%
net assets
Total assets minus all liabilities
rubitec precision limited company details
company number
11491473
Type
Private limited with Share Capital
industry
24100 - Manufacture of basic iron and steel and of ferro-alloys
incorporation date
July 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2021
previous names
N/A
accountant
-
auditor
-
address
unit 14a, waterside business park, hessle, HU13 0EG
Bank
-
Legal Advisor
-
rubitec precision 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 rubitec precision limited.
rubitec precision 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 RUBITEC PRECISION LIMITED. This can take several minutes, an email will notify you when this has completed.
rubitec precision limited Companies House Filings - See Documents
| date | description | view/download |
|---|
