rs prime ltd
rs prime ltd Company Information
Company Number
11706530
Website
-Registered Address
11706530 - ch default address, cardiff, CF14 8LH
Industry
Manufacture of workwear
Wholesale of textiles
Telephone
-
Next Accounts Due
74 days late
Group Structure
View All
Directors
Ellie Morvan1 Years
Shareholders
morvan ellie louise 100%
rs prime ltd Estimated Valuation
Pomanda estimates the enterprise value of RS PRIME LTD at £962.2k based on a Turnover of £1.7m and 0.56x industry multiple (adjusted for size and gross margin).
rs prime ltd Estimated Valuation
Pomanda estimates the enterprise value of RS PRIME LTD at £525.5k based on an EBITDA of £110.8k and a 4.74x industry multiple (adjusted for size and gross margin).
rs prime ltd Estimated Valuation
Pomanda estimates the enterprise value of RS PRIME LTD at £0 based on Net Assets of £-66.7k and 2.16x industry multiple (adjusted for liquidity).
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Rs Prime Ltd Overview
Rs Prime Ltd is a live company located in cardiff, CF14 8LH with a Companies House number of 11706530. It operates in the manufacture of workwear sector, SIC Code 14120. Founded in November 2018, it's largest shareholder is morvan ellie louise with a 100% stake. Rs Prime Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.7m with rapid growth in recent years.
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Rs Prime Ltd Health Check
Pomanda's financial health check has awarded Rs Prime Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£12.5m)
- Rs Prime Ltd
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 122%, show it is growing at a faster rate (1.7%)
- Rs Prime Ltd
1.7% - Industry AVG
Production
with a gross margin of 27.3%, this company has a comparable cost of product (27.3%)
- Rs Prime Ltd
27.3% - Industry AVG
Profitability
an operating margin of 6.5% make it more profitable than the average company (4.3%)
- Rs Prime Ltd
4.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (43)
6 - Rs Prime Ltd
43 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
- Rs Prime Ltd
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £286.4k, this is equally as efficient (£265.3k)
- Rs Prime Ltd
£265.3k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (57 days)
- Rs Prime Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 183 days, this is slower than average (35 days)
- Rs Prime Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 31 days, this is less than average (111 days)
- Rs Prime Ltd
111 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)
2 weeks - Rs Prime Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.5%, this is a higher level of debt than the average (53.6%)
101.5% - Rs Prime Ltd
53.6% - Industry AVG
RS PRIME LTD financials
Rs Prime Ltd's latest turnover from November 2022 is estimated at £1.7 million and the company has net assets of -£66.7 thousand. According to their latest financial statements, Rs Prime Ltd has 6 employees and maintains cash reserves of £29.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 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 | 6 | 3 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|
| Tangible Assets | 4,258,756 | 0 | 370 | 1,300 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,258,756 | 1 | 371 | 1,301 |
| Stock & work in progress | 108,569 | 0 | 0 | 0 |
| Trade Debtors | 152,114 | 383,139 | 800 | 3,600 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 29,635 | 14,713 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 290,318 | 397,852 | 800 | 3,600 |
| total assets | 4,549,074 | 397,853 | 1,171 | 4,901 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 629,191 | 396,554 | 0 | 1,950 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 1 | 1 | 0 | 0 |
| total current liabilities | 629,192 | 396,555 | 0 | 1,950 |
| loans | 3,986,532 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 2,000 |
| other liabilities | 0 | 0 | 50,000 | 0 |
| provisions | 0 | 0 | 0 | 3,000 |
| total long term liabilities | 3,986,532 | 0 | 50,000 | 5,000 |
| total liabilities | 4,615,724 | 396,555 | 50,000 | 6,950 |
| net assets | -66,650 | 1,298 | -48,829 | -2,049 |
| total shareholders funds | -66,650 | 1,298 | -48,829 | -2,049 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | ||
| Amortisation | 0 | 0 | ||
| Tax | ||||
| Stock | 108,569 | 0 | 0 | 0 |
| Debtors | -231,025 | 382,339 | -2,800 | 3,600 |
| Creditors | 232,637 | 396,554 | -1,950 | 1,950 |
| Accruals and Deferred Income | 0 | 1 | -2,000 | 2,000 |
| Deferred Taxes & Provisions | 0 | 0 | -3,000 | 3,000 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -1 | 0 | 0 | 1 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 3,986,532 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -50,000 | 50,000 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 14,922 | 14,713 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 14,922 | 14,713 | 0 | 0 |
rs prime ltd Credit Report and Business Information
Rs Prime Ltd Competitor Analysis
Perform a competitor analysis for rs prime ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in CF14 area or any other competitors across 12 key performance metrics.
rs prime ltd Ownership
RS PRIME LTD group structure
Rs Prime Ltd has no subsidiary companies.
Ultimate parent company
RS PRIME LTD
11706530
rs prime ltd directors
Rs Prime Ltd currently has 1 director, Miss Ellie Morvan serving since Mar 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Ellie Morvan | 22 years | Mar 2023 | - | Director |
P&L
November 2022turnover
1.7m
-22%
operating profit
110.8k
0%
gross margin
27.3%
-3.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
-66.7k
-52.35%
total assets
4.5m
+10.43%
cash
29.6k
+1.01%
net assets
Total assets minus all liabilities
rs prime ltd company details
company number
11706530
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
14120 - Manufacture of workwear
46410 - Wholesale of textiles
incorporation date
November 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2022
previous names
N/A
accountant
-
auditor
-
address
11706530 - ch default address, cardiff, CF14 8LH
Bank
-
Legal Advisor
-
rs prime 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 rs prime ltd.
rs prime ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
