rm22 ltd
rm22 ltd Company Information
Company Number
11794801
Next Accounts
Dec 2025
Industry
Other retail sale in non-specialised stores
Directors
Shareholders
russell james merry
mr daniel james merry
View AllGroup Structure
View All
Contact
Registered Address
4 brackley close, bournemouth international airpor, christchurch, dorset, BH23 6SE
Website
breakfluid.comrm22 ltd Estimated Valuation
Pomanda estimates the enterprise value of RM22 LTD at £146.2k based on a Turnover of £365.4k and 0.4x industry multiple (adjusted for size and gross margin).
rm22 ltd Estimated Valuation
Pomanda estimates the enterprise value of RM22 LTD at £691k based on an EBITDA of £170.2k and a 4.06x industry multiple (adjusted for size and gross margin).
rm22 ltd Estimated Valuation
Pomanda estimates the enterprise value of RM22 LTD at £370.9k based on Net Assets of £106.5k and 3.48x industry multiple (adjusted for liquidity).
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Rm22 Ltd Overview
Rm22 Ltd is a live company located in christchurch, BH23 6SE with a Companies House number of 11794801. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in January 2019, it's largest shareholder is russell james merry with a 80% stake. Rm22 Ltd is a young, micro sized company, Pomanda has estimated its turnover at £365.4k with rapid growth in recent years.
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Rm22 Ltd Health Check
Pomanda's financial health check has awarded Rm22 Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £365.4k, make it smaller than the average company (£1.4m)
- Rm22 Ltd
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 146%, show it is growing at a faster rate (13.2%)
- Rm22 Ltd
13.2% - Industry AVG
Production
with a gross margin of 44.8%, this company has a comparable cost of product (44.8%)
- Rm22 Ltd
44.8% - Industry AVG
Profitability
an operating margin of 44.2% make it more profitable than the average company (5.8%)
- Rm22 Ltd
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (35)
1 - Rm22 Ltd
35 - Industry AVG
Pay Structure
on an average salary of £20.4k, the company has an equivalent pay structure (£20.4k)
- Rm22 Ltd
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £365.4k, this is more efficient (£94.2k)
- Rm22 Ltd
£94.2k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is later than average (9 days)
- Rm22 Ltd
9 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Rm22 Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rm22 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 84 weeks, this is more cash available to meet short term requirements (27 weeks)
84 weeks - Rm22 Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.6%, this is a lower level of debt than the average (66.9%)
41.6% - Rm22 Ltd
66.9% - Industry AVG
RM22 LTD financials
Rm22 Ltd's latest turnover from March 2024 is estimated at £365.4 thousand and the company has net assets of £106.5 thousand. According to their latest financial statements, Rm22 Ltd has 1 employee and maintains cash reserves of £101.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 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 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 61,110 | 17,368 | 22,270 | 29,046 | 982 | 15,000 |
| Intangible Assets | 0 | 0 | 0 | 23,024 | 17,916 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 61,110 | 17,368 | 22,270 | 52,070 | 18,898 | 15,000 |
| Stock & work in progress | 0 | 0 | 0 | 350 | 2,000 | 0 |
| Trade Debtors | 19,278 | 21,846 | 252 | 328 | 0 | 3,197 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 642 | 1,202 | 1,570 | 18,312 | 0 | 0 |
| Cash | 101,191 | 57,330 | 15,263 | 43,670 | 581 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 121,111 | 80,378 | 17,085 | 62,660 | 2,581 | 3,197 |
| total assets | 182,221 | 97,746 | 39,355 | 114,730 | 21,479 | 18,197 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 297 | 73 | 73 | 73 | 22,057 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 62,354 | 115,205 | 227,123 | 228,927 | 61,794 | 0 |
| total current liabilities | 62,354 | 115,502 | 227,196 | 229,000 | 61,867 | 22,057 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 600 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 13,392 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 13,392 | 0 | 0 | 0 | 0 | 600 |
| total liabilities | 75,746 | 115,502 | 227,196 | 229,000 | 61,867 | 22,657 |
| net assets | 106,475 | -17,756 | -187,841 | -114,270 | -40,388 | -4,460 |
| total shareholders funds | 106,475 | -17,756 | -187,841 | -114,270 | -40,388 | -4,460 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 8,719 | 6,110 | 7,541 | 9,718 | ||
| Amortisation | 0 | 0 | 3,777 | 4,532 | ||
| Tax | ||||||
| Stock | 0 | 0 | -350 | -1,650 | 2,000 | 0 |
| Debtors | -3,128 | 21,226 | -16,818 | 18,640 | -3,197 | 3,197 |
| Creditors | -297 | 224 | 0 | 0 | -21,984 | 22,057 |
| Accruals and Deferred Income | -52,851 | -111,918 | -1,804 | 167,133 | 61,194 | 600 |
| Deferred Taxes & Provisions | 13,392 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 43,861 | 42,067 | -28,407 | 43,089 | 581 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 43,861 | 42,067 | -28,407 | 43,089 | 581 | 0 |
rm22 ltd Credit Report and Business Information
Rm22 Ltd Competitor Analysis
Perform a competitor analysis for rm22 ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BH23 area or any other competitors across 12 key performance metrics.
rm22 ltd Ownership
RM22 LTD group structure
Rm22 Ltd has no subsidiary companies.
Ultimate parent company
RM22 LTD
11794801
rm22 ltd directors
Rm22 Ltd currently has 1 director, Mr Russell Merry serving since Jan 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Russell Merry | United Kingdom | 57 years | Jan 2019 | - | Director |
P&L
March 2024turnover
365.4k
+48%
operating profit
161.5k
0%
gross margin
44.8%
+2.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
106.5k
-7%
total assets
182.2k
+0.86%
cash
101.2k
+0.77%
net assets
Total assets minus all liabilities
Similar Companies
rm22 ltd company details
company number
11794801
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
January 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
break fluid limited (February 2022)
accountant
HARRISONS
auditor
-
address
4 brackley close, bournemouth international airpor, christchurch, dorset, BH23 6SE
Bank
-
Legal Advisor
-
rm22 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 rm22 ltd.
rm22 ltd Companies House Filings - See Documents
| date | description | view/download |
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