rccv development ltd
rccv development ltd Company Information
Company Number
13349863
Next Accounts
124 days late
Shareholders
david kenneth vaughn
james thomas roberts
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
31-33 commercial road, poole, dorset, BH14 0HU
Website
-rccv development ltd Estimated Valuation
Pomanda estimates the enterprise value of RCCV DEVELOPMENT LTD at £6m based on a Turnover of £2.7m and 2.23x industry multiple (adjusted for size and gross margin).
rccv development ltd Estimated Valuation
Pomanda estimates the enterprise value of RCCV DEVELOPMENT LTD at £0 based on an EBITDA of £-9.4k and a 4.77x industry multiple (adjusted for size and gross margin).
rccv development ltd Estimated Valuation
Pomanda estimates the enterprise value of RCCV DEVELOPMENT LTD at £0 based on Net Assets of £-10.5k and 1.58x industry multiple (adjusted for liquidity).
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Rccv Development Ltd Overview
Rccv Development Ltd is a live company located in dorset, BH14 0HU with a Companies House number of 13349863. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2021, it's largest shareholder is david kenneth vaughn with a 25% stake. Rccv Development Ltd is a startup, small sized company, Pomanda has estimated its turnover at £2.7m with unknown growth in recent years.
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Rccv Development Ltd Health Check
Pomanda's financial health check has awarded Rccv Development Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £2.7m, make it larger than the average company (£881.6k)
- Rccv Development Ltd
£881.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rccv Development Ltd
- - Industry AVG
Production
with a gross margin of 27.1%, this company has a higher cost of product (69%)
- Rccv Development Ltd
69% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (36.3%)
- Rccv Development Ltd
36.3% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Rccv Development Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Rccv Development Ltd
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £676k, this is more efficient (£182.4k)
- Rccv Development Ltd
£182.4k - Industry AVG
Debtor Days
it gets paid by customers after 127 days, this is later than average (24 days)
- Rccv Development Ltd
24 days - Industry AVG
Creditor Days
its suppliers are paid after 177 days, this is slower than average (33 days)
- Rccv Development Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rccv Development Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rccv Development Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.1%, this is a higher level of debt than the average (64.5%)
101.1% - Rccv Development Ltd
64.5% - Industry AVG
RCCV DEVELOPMENT LTD financials
Rccv Development Ltd's latest turnover from February 2023 is estimated at £2.7 million and the company has net assets of -£10.5 thousand. According to their latest financial statements, Rccv Development Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | |
|---|---|---|
| Turnover | ||
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | ||
| Interest Receivable | ||
| Pre-Tax Profit | ||
| Tax | ||
| Profit After Tax | ||
| Dividends Paid | ||
| Retained Profit | ||
| Employee Costs | ||
| Number Of Employees | 4 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | ||
| Stock & work in progress | ||
| Trade Debtors | 948,141 | 3,032 |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | ||
| misc current assets | ||
| total current assets | 948,141 | 3,032 |
| total assets | 948,141 | 3,032 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 958,674 | 4,132 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 958,674 | 4,132 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 958,674 | 4,132 |
| net assets | -10,533 | -1,100 |
| total shareholders funds | -10,533 | -1,100 |
| Feb 2023 | Feb 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 945,109 | 3,032 |
| Creditors | 954,542 | 4,132 |
| Accruals and Deferred Income | ||
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| 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 | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | ||
| overdraft | ||
| change in cash |
rccv development ltd Credit Report and Business Information
Rccv Development Ltd Competitor Analysis
Perform a competitor analysis for rccv development ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in BH14 area or any other competitors across 12 key performance metrics.
rccv development ltd Ownership
RCCV DEVELOPMENT LTD group structure
Rccv Development Ltd has no subsidiary companies.
Ultimate parent company
RCCV DEVELOPMENT LTD
13349863
rccv development ltd directors
Rccv Development Ltd currently has 5 directors. The longest serving directors include Mr James Roberts (Apr 2021) and Mr James Roberts (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Roberts | United Kingdom | 52 years | Apr 2021 | - | Director |
| Mr James Roberts | United Kingdom | 52 years | Apr 2021 | - | Director |
| Mr William Coppin | United Kingdom | 42 years | Apr 2021 | - | Director |
| Mr Bradley Cheer | United Kingdom | 41 years | Apr 2021 | - | Director |
| Mr David Vaughan | United Kingdom | 38 years | Apr 2021 | - | Director |
P&L
February 2023turnover
2.7m
+3264%
operating profit
-9.4k
0%
gross margin
27.2%
+6.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-10.5k
+8.58%
total assets
948.1k
+311.71%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
rccv development ltd company details
company number
13349863
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
April 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2023
previous names
866 ringwood rd ltd (April 2022)
accountant
-
auditor
-
address
31-33 commercial road, poole, dorset, BH14 0HU
Bank
-
Legal Advisor
-
rccv development 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 2 charges/mortgages relating to rccv development ltd. Currently there are 0 open charges and 2 have been satisfied in the past.
rccv development 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.
Click to start generating capital raising & share issue transactions for RCCV DEVELOPMENT LTD. This can take several minutes, an email will notify you when this has completed.
rccv development ltd Companies House Filings - See Documents
| date | description | view/download |
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