rasvit ltd

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rasvit ltd Company Information

Share RASVIT LTD

Company Number

12153948

Shareholders

yelena neal

fahd khan

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

dyson suite, pera business park, nottingham road, melton mowbray, leicestershire, LE13 0PB

Website

rasvit.com

rasvit ltd Estimated Valuation

£44.4k

Pomanda estimates the enterprise value of RASVIT LTD at £44.4k based on a Turnover of £17.9k and 2.48x industry multiple (adjusted for size and gross margin).

rasvit ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of RASVIT LTD at £0 based on an EBITDA of £-267 and a 4.85x industry multiple (adjusted for size and gross margin).

rasvit ltd Estimated Valuation

£5.6k

Pomanda estimates the enterprise value of RASVIT LTD at £5.6k based on Net Assets of £3.2k and 1.75x industry multiple (adjusted for liquidity).

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Rasvit Ltd Overview

Rasvit Ltd is a live company located in melton mowbray, LE13 0PB with a Companies House number of 12153948. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2019, it's largest shareholder is yelena neal with a 33.3% stake. Rasvit Ltd is a young, micro sized company, Pomanda has estimated its turnover at £17.9k with declining growth in recent years.

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Rasvit Ltd Health Check

Pomanda's financial health check has awarded Rasvit Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £17.9k, make it smaller than the average company (£920.2k)

£17.9k - Rasvit Ltd

£920.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (4.9%)

-4% - Rasvit Ltd

4.9% - Industry AVG

production

Production

with a gross margin of 34.6%, this company has a higher cost of product (75.3%)

34.6% - Rasvit Ltd

75.3% - Industry AVG

profitability

Profitability

an operating margin of -1.5% make it less profitable than the average company (29.4%)

-1.5% - Rasvit Ltd

29.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Rasvit Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Rasvit Ltd

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £17.9k, this is less efficient (£177.7k)

£17.9k - Rasvit Ltd

£177.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 77 days, this is later than average (30 days)

77 days - Rasvit Ltd

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 330 days, this is slower than average (38 days)

330 days - Rasvit Ltd

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rasvit Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rasvit Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76.9%, this is a higher level of debt than the average (64.5%)

76.9% - Rasvit Ltd

64.5% - Industry AVG

RASVIT LTD financials

EXPORTms excel logo

Rasvit Ltd's latest turnover from March 2024 is estimated at £17.9 thousand and the company has net assets of £3.2 thousand. According to their latest financial statements, we estimate that Rasvit Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Aug 2020
Turnover17,91520,07055,99420,1441,375
Other Income Or Grants
Cost Of Sales11,71313,37137,71513,303971
Gross Profit6,2026,69918,2796,841404
Admin Expenses6,4697,11913,7096,6265,026
Operating Profit-267-4204,570215-4,622
Interest Payable
Interest Receivable
Pre-Tax Profit-267-4204,570215-4,622
Tax-868-41
Profit After Tax-267-4203,702174-4,622
Dividends Paid
Retained Profit-267-4203,702174-4,622
Employee Costs32,32230,37129,58926,859
Number Of Employees11111
EBITDA*-267-4204,570215-4,622

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Aug 2020
Tangible Assets10,00010,00010,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets10,00010,00010,000
Stock & work in progress
Trade Debtors3,7874,77415,0075,328
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets3,7874,77415,0075,328
total assets13,78714,77425,0075,328
Bank overdraft
Bank loan
Trade Creditors 10,59811,31821,1315,154
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities10,59811,31821,1315,154
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities10,59811,31821,1315,154
net assets3,1893,4563,876174
total shareholders funds3,1893,4563,876174
Mar 2024Mar 2023Mar 2022Mar 2021Aug 2020
Operating Activities
Operating Profit-267-4204,570215-4,622
Depreciation
Amortisation
Tax-868-41
Stock
Debtors-987-10,2339,6795,328
Creditors-720-9,81315,9775,154
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations10,000-4,622
Investing Activities
capital expenditure-10,000
Change in Investments
cash flow from investments-10,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue4,622
interest
cash flow from financing4,622
cash and cash equivalents
cash
overdraft
change in cash

rasvit ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Rasvit Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rasvit ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LE13 area or any other competitors across 12 key performance metrics.

rasvit ltd Ownership

RASVIT LTD group structure

Rasvit Ltd has no subsidiary companies.

Ultimate parent company

RASVIT LTD

12153948

RASVIT LTD Shareholders

yelena neal 33.33%
fahd khan 33.33%
sreelal harilal 33.33%

rasvit ltd directors

Rasvit Ltd currently has 3 directors. The longest serving directors include Dr Yelena Neal (Aug 2019) and Mr Sreelal Harilal (Aug 2022).

officercountryagestartendrole
Dr Yelena NealUnited Kingdom29 years Aug 2019- Director
Mr Sreelal HarilalEngland43 years Aug 2022- Director
Dr Fahd KhanEngland41 years Aug 2022- Director

P&L

March 2024

turnover

17.9k

-11%

operating profit

-267

0%

gross margin

34.7%

+3.72%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

3.2k

-0.08%

total assets

13.8k

-0.07%

cash

0

0%

net assets

Total assets minus all liabilities

rasvit ltd company details

company number

12153948

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

August 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

XITAX LIMITED

auditor

-

address

dyson suite, pera business park, nottingham road, melton mowbray, leicestershire, LE13 0PB

Bank

-

Legal Advisor

-

rasvit 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 found 3 charges/mortgages relating to rasvit ltd. Currently there are 3 open charges and 0 have been satisfied in the past.

rasvit ltd 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.

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rasvit ltd Companies House Filings - See Documents

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