Pomanda estimates the enterprise value of ROCO TECHNOLOGY GROUP LTD at £161.4k based on a Turnover of £187.5k and 0.86x industry multiple (adjusted for size and gross margin).
roco technology group ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ROCO TECHNOLOGY GROUP LTD at £0 based on an EBITDA of £-114.4k and a 5.25x industry multiple (adjusted for size and gross margin).
roco technology group ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ROCO TECHNOLOGY GROUP LTD at £0 based on Net Assets of £-255.2k and 2.38x industry multiple (adjusted for liquidity).
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Roco Technology Group LtdOverview
Roco Technology Group Ltd is a live company located in halifax, HX3 5WQ with a Companies House number of 12826822. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2020, it's largest shareholder is
mr jonathan dunn
with a 25% stake. Roco Technology Group Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£187.5k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Roco Technology Group Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
0 Strong
2 Regular
7 Weak
Size
annual sales of £187.5k, make it smaller than the average company (£3.5m)
£187.5k - Roco Technology Group Ltd
£3.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Roco Technology Group Ltd
- - Industry AVG
Production
with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)
72.3% - Roco Technology Group Ltd
72.3% - Industry AVG
Profitability
an operating margin of -62.3% make it less profitable than the average company (3.7%)
-62.3% - Roco Technology Group Ltd
3.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (31)
2 - Roco Technology Group Ltd
31 - Industry AVG
Pay Structure
on an average salary of £66.7k, the company has an equivalent pay structure (£66.7k)
£66.7k - Roco Technology Group Ltd
£66.7k - Industry AVG
Efficiency
resulting in sales per employee of £93.7k, this is less efficient (£113.1k)
£93.7k - Roco Technology Group Ltd
£113.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Roco Technology Group Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (44 days)
27 days - Roco Technology Group Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Roco Technology Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Roco Technology Group Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1560.7%, this is a higher level of debt than the average (61.1%)
1560.7% - Roco Technology Group Ltd
61.1% - Industry AVG
ROCO TECHNOLOGY GROUP LTD financials
EXPORT
Roco Technology Group Ltd's latest turnover from August 2023 is estimated at £187.5 thousand and the company has net assets of -£255.2 thousand. According to their latest financial statements, Roco Technology Group Ltd has 2 employees and maintains cash reserves of £2.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Turnover
187,469
520,467
415,344
Other Income Or Grants
Cost Of Sales
52,013
138,511
112,048
Gross Profit
135,457
381,957
303,296
Admin Expenses
252,191
473,422
350,708
Operating Profit
-116,734
-91,465
-47,412
Interest Payable
Interest Receivable
120
20
Pre-Tax Profit
-116,614
-91,445
-47,412
Tax
Profit After Tax
-116,614
-91,445
-47,412
Dividends Paid
Retained Profit
-116,614
-91,445
-47,412
Employee Costs
133,315
377,918
293,252
Number Of Employees
2
6
5
EBITDA*
-114,372
-88,316
-47,046
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Tangible Assets
7,086
9,448
8,423
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
7,086
9,448
8,423
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
7,700
8,143
7,919
Cash
2,683
1,874
377
misc current assets
total current assets
10,383
10,017
8,296
total assets
17,469
19,465
16,719
Bank overdraft
Bank loan
Trade Creditors
3,884
1,819
1,063
Group/Directors Accounts
235,150
133,002
36,797
other short term finances
hp & lease commitments
other current liabilities
33,606
23,201
25,971
total current liabilities
272,640
158,022
63,831
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
272,640
158,022
63,831
net assets
-255,171
-138,557
-47,112
total shareholders funds
-255,171
-138,557
-47,112
Aug 2023
Aug 2022
Aug 2021
Operating Activities
Operating Profit
-116,734
-91,465
-47,412
Depreciation
2,362
3,149
366
Amortisation
Tax
Stock
Debtors
-443
224
7,919
Creditors
2,065
756
1,063
Accruals and Deferred Income
10,405
-2,770
25,971
Deferred Taxes & Provisions
Cash flow from operations
-101,459
-90,554
-27,931
Investing Activities
capital expenditure
-4,174
-8,789
Change in Investments
cash flow from investments
-4,174
-8,789
Financing Activities
Bank loans
Group/Directors Accounts
102,148
96,205
36,797
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
300
interest
120
20
cash flow from financing
102,268
96,225
37,097
cash and cash equivalents
cash
809
1,497
377
overdraft
change in cash
809
1,497
377
roco technology group ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for roco technology group ltd. Get real-time insights into roco technology group ltd's credit score, group structure and payment trends.
Perform a competitor analysis for roco technology group ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in HX3 area or any other competitors across 12 key performance metrics.
roco technology group ltd Ownership
ROCO TECHNOLOGY GROUP LTD group structure
Roco Technology Group Ltd has no subsidiary companies.
Ultimate parent company
ROCO TECHNOLOGY GROUP LTD
12826822
ROCO TECHNOLOGY GROUP LTD Shareholders
The largest shareholders in Roco Technology Group Ltd include Mr Jonathan Dunn and Mr Drew Turner.
mr jonathan dunn
25%
mr drew turner
25%
mr hugh spillane
25%
mr adam mcghee
25%
roco technology group ltd directors
Roco Technology Group Ltd currently has 6 directors.
The longest serving directors include
Mr Adam McGhee (Aug 2020) and
Mr Hugh Spillane (Aug 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023
net assets
-255.2k
+0.84%
total assets
17.5k
-0.1%
cash
2.7k
+0.43%
net assets
Total assets minus all liabilities
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roco technology group ltd company details
company number
12826822
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
August 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
holroyds mill old lane, halifax, HX3 5WQ
Bank
-
Legal Advisor
-
roco technology group 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 roco technology group ltd.
roco technology group 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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roco technology group ltdCompanies House Filings - See Documents
