rhh newark limited
rhh newark limited Company Information
Company Number
11880511
Website
walthamwindmillgolf.co.ukRegistered Address
pyewipe farm aylesby road, great coates, grimsby, DN37 9NU
Industry
Development of building projects
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
newark & sherwood district council 50%
m f strawson limited 50%
rhh newark limited Estimated Valuation
Pomanda estimates the enterprise value of RHH NEWARK LIMITED at £333.1k based on a Turnover of £628.3k and 0.53x industry multiple (adjusted for size and gross margin).
rhh newark limited Estimated Valuation
Pomanda estimates the enterprise value of RHH NEWARK LIMITED at £0 based on an EBITDA of £-2.6k and a 4.03x industry multiple (adjusted for size and gross margin).
rhh newark limited Estimated Valuation
Pomanda estimates the enterprise value of RHH NEWARK LIMITED at £26.6k based on Net Assets of £17.2k and 1.55x industry multiple (adjusted for liquidity).
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Rhh Newark Limited Overview
Rhh Newark Limited is a live company located in grimsby, DN37 9NU with a Companies House number of 11880511. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2019, it's largest shareholder is newark & sherwood district council with a 50% stake. Rhh Newark Limited is a young, small sized company, Pomanda has estimated its turnover at £628.3k with declining growth in recent years.
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Rhh Newark Limited Health Check
Pomanda's financial health check has awarded Rhh Newark Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £628.3k, make it smaller than the average company (£2.1m)
- Rhh Newark Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -47%, show it is growing at a slower rate (2.1%)
- Rhh Newark Limited
2.1% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Rhh Newark Limited
25.9% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (8.7%)
- Rhh Newark Limited
8.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Rhh Newark Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Rhh Newark Limited
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £314.1k, this is equally as efficient (£275.7k)
- Rhh Newark Limited
£275.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rhh Newark Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (31 days)
- Rhh Newark Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rhh Newark Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 62 weeks, this is more cash available to meet short term requirements (13 weeks)
62 weeks - Rhh Newark Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.3%, this is a higher level of debt than the average (74.6%)
82.3% - Rhh Newark Limited
74.6% - Industry AVG
RHH NEWARK LIMITED financials
Rhh Newark Limited's latest turnover from March 2023 is estimated at £628.3 thousand and the company has net assets of £17.2 thousand. According to their latest financial statements, Rhh Newark Limited has 2 employees and maintains cash reserves of £96.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Turnover | 0 | 7,000,000 | ||
| Other Income Or Grants | 0 | 0 | ||
| Cost Of Sales | 0 | 6,539,599 | ||
| Gross Profit | 0 | 460,401 | ||
| Admin Expenses | 3,168 | 88,769 | ||
| Operating Profit | -3,168 | 371,632 | ||
| Interest Payable | 0 | 148,433 | ||
| Interest Receivable | 0 | 0 | ||
| Pre-Tax Profit | -3,168 | 223,199 | ||
| Tax | 602 | -42,020 | ||
| Profit After Tax | -2,566 | 181,179 | ||
| Dividends Paid | 160,801 | 0 | ||
| Retained Profit | -163,367 | 181,179 | ||
| Employee Costs | ||||
| Number Of Employees | 2 | 2 | 2 | 2 |
| EBITDA* | -3,168 | 371,632 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 1,752,014 |
| Trade Debtors | 0 | 0 | 7,000,000 | 0 |
| Group Debtors | 0 | 46,000 | 0 | 0 |
| Misc Debtors | 510 | 910 | 257,545 | 122,380 |
| Cash | 96,324 | 50,723 | 28,705 | 622 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 96,834 | 97,633 | 7,286,250 | 1,875,016 |
| total assets | 96,834 | 97,633 | 7,286,250 | 1,875,016 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 79,011 | 79,011 | 344,370 | 826,602 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 6,293,198 | 1,047,454 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 660 | 1,850 | 468,543 | 2,000 |
| total current liabilities | 79,671 | 80,861 | 7,106,111 | 1,876,056 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 79,671 | 80,861 | 7,106,111 | 1,876,056 |
| net assets | 17,163 | 16,772 | 180,139 | -1,040 |
| total shareholders funds | 17,163 | 16,772 | 180,139 | -1,040 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -3,168 | 371,632 | ||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | 602 | -42,020 | ||
| Stock | 0 | 0 | -1,752,014 | 1,752,014 |
| Debtors | -46,400 | -7,210,635 | 7,135,165 | 122,380 |
| Creditors | 0 | -265,359 | -482,232 | 826,602 |
| Accruals and Deferred Income | -1,190 | -466,693 | 466,543 | 2,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | 6,476,017 | -5,069,228 | ||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -6,293,198 | 5,245,744 | 1,047,454 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 0 | -148,433 | ||
| cash flow from financing | -6,293,198 | 5,097,311 | ||
| cash and cash equivalents | ||||
| cash | 45,601 | 22,018 | 28,083 | 622 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 45,601 | 22,018 | 28,083 | 622 |
rhh newark limited Credit Report and Business Information
Rhh Newark Limited Competitor Analysis
Perform a competitor analysis for rhh newark limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DN37 area or any other competitors across 12 key performance metrics.
rhh newark limited Ownership
RHH NEWARK LIMITED group structure
Rhh Newark Limited has no subsidiary companies.
Ultimate parent company
RHH NEWARK LIMITED
11880511
rhh newark limited directors
Rhh Newark Limited currently has 2 directors. The longest serving directors include Mr Niel Strawson (Mar 2019) and Mr Sanjiv Kohli (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Niel Strawson | England | 60 years | Mar 2019 | - | Director |
| Mr Sanjiv Kohli | 63 years | Mar 2019 | - | Director |
P&L
March 2023turnover
628.3k
0%
operating profit
-2.6k
0%
gross margin
25.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
17.2k
+0.02%
total assets
96.8k
-0.01%
cash
96.3k
+0.9%
net assets
Total assets minus all liabilities
rhh newark limited company details
company number
11880511
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2019
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
WRIGHT VIGAR LTD
auditor
-
address
pyewipe farm aylesby road, great coates, grimsby, DN37 9NU
Bank
-
Legal Advisor
-
rhh newark 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 rhh newark limited.
rhh newark limited Companies House Filings - See Documents
| date | description | view/download |
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