Pomanda estimates the enterprise value of RANNOCH DEVELOPMENTS LTD at £0 based on a Turnover of £66.2k and 0x industry multiple (adjusted for size and gross margin).
rannoch developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RANNOCH DEVELOPMENTS LTD at £0 based on an EBITDA of £-4.7k and a 1.44x industry multiple (adjusted for size and gross margin).
rannoch developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RANNOCH DEVELOPMENTS LTD at £0 based on Net Assets of £-4.4k and 0.54x industry multiple (adjusted for liquidity).
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Rannoch Developments LtdOverview
Rannoch Developments Ltd is a live company located in conwy, LL30 2RB with a Companies House number of 13165939. It operates in the dormant company sector, SIC Code 99999. Founded in January 2021, it's largest shareholder is
carole anne evans
with a 50% stake. Rannoch Developments Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£66.2k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Rannoch Developments Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £66.2k, make it smaller than the average company (£7.3m)
£66.2k - Rannoch Developments Ltd
£7.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Rannoch Developments Ltd
- - Industry AVG
Production
with a gross margin of 18.6%, this company has a higher cost of product (33.1%)
18.6% - Rannoch Developments Ltd
33.1% - Industry AVG
Profitability
an operating margin of -7.1% make it less profitable than the average company (4.5%)
-7.1% - Rannoch Developments Ltd
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (57)
1 - Rannoch Developments Ltd
57 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
£41.3k - Rannoch Developments Ltd
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £66.2k, this is less efficient (£178.3k)
£66.2k - Rannoch Developments Ltd
£178.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (38 days)
0 days - Rannoch Developments Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 371 days, this is slower than average (43 days)
371 days - Rannoch Developments Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rannoch Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 16 weeks, this is average cash available to meet short term requirements (14 weeks)
16 weeks - Rannoch Developments Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 108.7%, this is a higher level of debt than the average (65.6%)
108.7% - Rannoch Developments Ltd
65.6% - Industry AVG
RANNOCH DEVELOPMENTS LTD financials
EXPORT
Rannoch Developments Ltd's latest turnover from January 2024 is estimated at £66.2 thousand and the company has net assets of -£4.4 thousand. According to their latest financial statements, we estimate that Rannoch Developments Ltd has 1 employee and maintains cash reserves of £17.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Turnover
66,183
73,420
Other Income Or Grants
Cost Of Sales
53,853
60,560
Gross Profit
12,331
12,860
Admin Expenses
17,062
14,396
Operating Profit
-4,731
-1,536
Interest Payable
Interest Receivable
1,246
525
Pre-Tax Profit
-3,485
-1,011
Tax
Profit After Tax
-3,485
-1,011
Dividends Paid
Retained Profit
-3,485
-1,011
Employee Costs
41,333
37,819
Number Of Employees
1
1
EBITDA*
-4,731
-1,536
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
8
209
Group Debtors
Misc Debtors
32,992
29,792
4,255
Cash
17,465
29,993
misc current assets
total current assets
50,465
59,994
4,255
total assets
50,465
59,994
4,255
Bank overdraft
Bank loan
Trade Creditors
54,861
60,905
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
4,155
total current liabilities
54,861
60,905
4,155
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
54,861
60,905
4,155
net assets
-4,396
-911
100
total shareholders funds
-4,396
-911
100
Jan 2024
Jan 2023
Jan 2022
Operating Activities
Operating Profit
-4,731
-1,536
Depreciation
Amortisation
Tax
Stock
Debtors
2,999
25,746
4,255
Creditors
-6,044
60,905
Accruals and Deferred Income
-4,155
4,155
Deferred Taxes & Provisions
Cash flow from operations
-13,774
29,468
-100
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 liabilities
share issue
100
interest
1,246
525
cash flow from financing
1,246
525
100
cash and cash equivalents
cash
-12,528
29,993
overdraft
change in cash
-12,528
29,993
rannoch developments 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 rannoch developments ltd. Get real-time insights into rannoch developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for rannoch developments ltd by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other micro companies, companies in LL30 area or any other competitors across 12 key performance metrics.
rannoch developments ltd Ownership
RANNOCH DEVELOPMENTS LTD group structure
Rannoch Developments Ltd has no subsidiary companies.
Ultimate parent company
RANNOCH DEVELOPMENTS LTD
13165939
RANNOCH DEVELOPMENTS LTD Shareholders
The largest shareholders in Rannoch Developments Ltd include Carole Anne Evans and Gareth Anthony Evans.
carole anne evans
50%
gareth anthony evans
50%
rannoch developments ltd directors
Rannoch Developments Ltd currently has 2 directors.
The longest serving directors include
Mr Gareth Evans (Jan 2021) and
Mrs Carole Evans (Apr 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024
net assets
-4.4k
+3.83%
total assets
50.5k
-0.16%
cash
17.5k
-0.42%
net assets
Total assets minus all liabilities
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rannoch developments ltd company details
company number
13165939
Type
Private limited with Share Capital
industry
99999 - Dormant Company
incorporation date
January 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
January 2024
previous names
rannoch developements ltd (March 2021)
accountant
WILLIAMS DENTON CYF
auditor
-
address
13 trinity square, llandudno, conwy, LL30 2RB
Bank
-
Legal Advisor
-
rannoch developments 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 rannoch developments ltd.
rannoch developments 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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rannoch developments ltdCompanies House Filings - See Documents
