r & t developers ltd

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r & t developers ltd Company Information

Share R & T DEVELOPERS LTD

Company Number

13094637

Shareholders

ranjit shonpal

daljit kaur hunjan

Group Structure

View All

Industry

Development of building projects

 

Registered Address

131a foxley lane, purley, CR8 3HR

Website

-

r & t developers ltd Estimated Valuation

£494.7k

Pomanda estimates the enterprise value of R & T DEVELOPERS LTD at £494.7k based on a Turnover of £1.4m and 0.35x industry multiple (adjusted for size and gross margin).

r & t developers ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of R & T DEVELOPERS LTD at £0 based on an EBITDA of £-31.7k and a 2.68x industry multiple (adjusted for size and gross margin).

r & t developers ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of R & T DEVELOPERS LTD at £0 based on Net Assets of £-46.5k and 1.49x industry multiple (adjusted for liquidity).

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R & T Developers Ltd Overview

R & T Developers Ltd is a live company located in purley, CR8 3HR with a Companies House number of 13094637. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2020, it's largest shareholder is ranjit shonpal with a 50% stake. R & T Developers Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.4m with unknown growth in recent years.

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R & T Developers Ltd Health Check

Pomanda's financial health check has awarded R & T Developers Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.4m, make it smaller than the average company (£2.5m)

£1.4m - R & T Developers Ltd

£2.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - R & T Developers Ltd

- - Industry AVG

production

Production

with a gross margin of 9.8%, this company has a higher cost of product (27.1%)

9.8% - R & T Developers Ltd

27.1% - Industry AVG

profitability

Profitability

an operating margin of -2.2% make it less profitable than the average company (7%)

-2.2% - R & T Developers Ltd

7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (7)

2 - R & T Developers Ltd

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - R & T Developers Ltd

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £708.9k, this is more efficient (£292k)

£708.9k - R & T Developers Ltd

£292k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 115 days, this is later than average (28 days)

115 days - R & T Developers Ltd

28 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - R & T Developers Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - R & T Developers Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - R & T Developers Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 110.4%, this is a higher level of debt than the average (73.4%)

110.4% - R & T Developers Ltd

73.4% - Industry AVG

R & T DEVELOPERS LTD financials

EXPORTms excel logo

R & T Developers Ltd's latest turnover from December 2023 is estimated at £1.4 million and the company has net assets of -£46.5 thousand. According to their latest financial statements, R & T Developers Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021
Turnover1,417,8581,066,6571,067,391
Other Income Or Grants
Cost Of Sales1,278,286960,364969,468
Gross Profit139,572106,29397,922
Admin Expenses171,231120,34798,705
Operating Profit-31,659-14,054-783
Interest Payable
Interest Receivable
Pre-Tax Profit-31,659-14,054-783
Tax
Profit After Tax-31,659-14,054-783
Dividends Paid
Retained Profit-31,659-14,054-783
Employee Costs96,52492,51790,779
Number Of Employees222
EBITDA*-31,659-14,054-783

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors448,112308,419315,070
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets448,112308,419315,070
total assets448,112308,419315,070
Bank overdraft
Bank loan
Trade Creditors 321,550315,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities321,550315,000
loans
hp & lease commitments
Accruals and Deferred Income1,5341,706853
other liabilities493,074
provisions
total long term liabilities494,6081,706853
total liabilities494,608323,256315,853
net assets-46,496-14,837-783
total shareholders funds-46,496-14,837-783
Dec 2023Dec 2022Dec 2021
Operating Activities
Operating Profit-31,659-14,054-783
Depreciation
Amortisation
Tax
Stock
Debtors139,693-6,651315,070
Creditors-321,5506,550315,000
Accruals and Deferred Income-172853853
Deferred Taxes & Provisions
Cash flow from operations-493,074
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities493,074
share issue
interest
cash flow from financing493,074
cash and cash equivalents
cash
overdraft
change in cash

r & t developers 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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R & T Developers Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for r & t developers ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CR8 area or any other competitors across 12 key performance metrics.

r & t developers ltd Ownership

R & T DEVELOPERS LTD group structure

R & T Developers Ltd has no subsidiary companies.

Ultimate parent company

R & T DEVELOPERS LTD

13094637

R & T DEVELOPERS LTD Shareholders

ranjit shonpal 50%
daljit kaur hunjan 50%

r & t developers ltd directors

R & T Developers Ltd currently has 2 directors. The longest serving directors include Mr Ranjit Shonpal (Dec 2020) and Mrs Daljit Hunjan (Nov 2024).

officercountryagestartendrole
Mr Ranjit ShonpalEngland75 years Dec 2020- Director
Mrs Daljit HunjanEngland74 years Nov 2024- Director

P&L

December 2023

turnover

1.4m

+33%

operating profit

-31.7k

0%

gross margin

9.9%

-1.22%

turnover

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

Balance Sheet

December 2023

net assets

-46.5k

+2.13%

total assets

448.1k

+0.45%

cash

0

0%

net assets

Total assets minus all liabilities

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r & t developers ltd company details

company number

13094637

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

December 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

131a foxley lane, purley, CR8 3HR

Bank

-

Legal Advisor

-

r & t developers 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 1 charges/mortgages relating to r & t developers ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

r & t developers 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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r & t developers ltd Companies House Filings - See Documents

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