rint software limited
rint software limited Company Information
Company Number
11742787
Website
rint.co.ukRegistered Address
239-241 kennington lane, london, SE11 5QU
Industry
Business and domestic software development
Computer consultancy activities
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Directors
Ilker Mutlu5 Years
Shareholders
ilker mutlu 100%
rint software limited Estimated Valuation
Pomanda estimates the enterprise value of RINT SOFTWARE LIMITED at £22.2k based on a Turnover of £38.5k and 0.58x industry multiple (adjusted for size and gross margin).
rint software limited Estimated Valuation
Pomanda estimates the enterprise value of RINT SOFTWARE LIMITED at £0 based on an EBITDA of £-24.1k and a 3.99x industry multiple (adjusted for size and gross margin).
rint software limited Estimated Valuation
Pomanda estimates the enterprise value of RINT SOFTWARE LIMITED at £13.8k based on Net Assets of £31.2k and 0.44x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Rint Software Limited Overview
Rint Software Limited is a live company located in london, SE11 5QU with a Companies House number of 11742787. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2018, it's largest shareholder is ilker mutlu with a 100% stake. Rint Software Limited is a young, micro sized company, Pomanda has estimated its turnover at £38.5k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Rint Software Limited Health Check
Pomanda's financial health check has awarded Rint Software Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £38.5k, make it smaller than the average company (£2.2m)
- Rint Software Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (8%)
- Rint Software Limited
8% - Industry AVG
Production
with a gross margin of 33.9%, this company has a higher cost of product (60.2%)
- Rint Software Limited
60.2% - Industry AVG
Profitability
an operating margin of -66.1% make it less profitable than the average company (5.7%)
- Rint Software Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
1 - Rint Software Limited
19 - Industry AVG
Pay Structure
on an average salary of £60.2k, the company has an equivalent pay structure (£60.2k)
- Rint Software Limited
£60.2k - Industry AVG
Efficiency
resulting in sales per employee of £38.5k, this is less efficient (£119.2k)
- Rint Software Limited
£119.2k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (63 days)
- Rint Software Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (34 days)
- Rint Software Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rint Software Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 209 weeks, this is more cash available to meet short term requirements (18 weeks)
209 weeks - Rint Software Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.6%, this is a lower level of debt than the average (57.7%)
19.6% - Rint Software Limited
57.7% - Industry AVG
RINT SOFTWARE LIMITED financials
Rint Software Limited's latest turnover from October 2023 is estimated at £38.5 thousand and the company has net assets of £31.2 thousand. According to their latest financial statements, Rint Software Limited has 1 employee and maintains cash reserves of £27.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 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 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 4,440 | 5,382 | 2,600 | 2,034 | 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 | 4,440 | 5,382 | 2,600 | 2,034 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,600 | 4,740 | 3,220 | 13,560 | 11,410 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 448 | 452 | 0 | 0 | 0 |
| Cash | 27,306 | 67,097 | 56,088 | 54,449 | 10,754 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 34,354 | 72,289 | 59,308 | 68,009 | 22,164 |
| total assets | 38,794 | 77,671 | 61,908 | 70,043 | 22,164 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 358 | 2,645 | 15,317 | 145 | 10,981 |
| Group/Directors Accounts | 0 | 0 | 0 | 853 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 6,407 | 19,738 | 0 | 18,695 | 0 |
| total current liabilities | 6,765 | 22,383 | 15,317 | 19,693 | 10,981 |
| loans | 0 | 0 | 0 | 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 | 844 | 1,029 | 494 | 386 | 0 |
| total long term liabilities | 844 | 1,029 | 494 | 386 | 0 |
| total liabilities | 7,609 | 23,412 | 15,811 | 20,079 | 10,981 |
| net assets | 31,185 | 54,259 | 46,097 | 49,964 | 11,183 |
| total shareholders funds | 31,185 | 54,259 | 46,097 | 49,964 | 11,183 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,376 | 1,665 | 650 | 509 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,856 | 1,972 | -10,340 | 2,150 | 11,410 |
| Creditors | -2,287 | -12,672 | 15,172 | -10,836 | 10,981 |
| Accruals and Deferred Income | -13,331 | 19,738 | -18,695 | 18,695 | 0 |
| Deferred Taxes & Provisions | -185 | 535 | 108 | 386 | 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 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -853 | 853 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 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 | -39,791 | 11,009 | 1,639 | 43,695 | 10,754 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -39,791 | 11,009 | 1,639 | 43,695 | 10,754 |
rint software limited Credit Report and Business Information
Rint Software Limited Competitor Analysis
Perform a competitor analysis for rint software limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SE11 area or any other competitors across 12 key performance metrics.
rint software limited Ownership
RINT SOFTWARE LIMITED group structure
Rint Software Limited has no subsidiary companies.
Ultimate parent company
RINT SOFTWARE LIMITED
11742787
rint software limited directors
Rint Software Limited currently has 1 director, Mr Ilker Mutlu serving since Dec 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ilker Mutlu | United Kingdom | 44 years | Dec 2018 | - | Director |
P&L
October 2023turnover
38.5k
+12%
operating profit
-25.4k
0%
gross margin
34%
-4.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
31.2k
-0.43%
total assets
38.8k
-0.5%
cash
27.3k
-0.59%
net assets
Total assets minus all liabilities
Similar Companies
rint software limited company details
company number
11742787
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
62020 - Computer consultancy activities
incorporation date
December 2018
age
6
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
October 2023
address
239-241 kennington lane, london, SE11 5QU
accountant
ALTON & CO
auditor
-
rint software 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 rint software limited.
rint software limited Companies House Filings - See Documents
| date | description | view/download |
|---|
