rmk asset ltd
rmk asset ltd Company Information
Group Structure
View All
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
international house, 6 south molton street, london, W1K 5QF
Website
-rmk asset ltd Estimated Valuation
Pomanda estimates the enterprise value of RMK ASSET LTD at £5.5m based on a Turnover of £2.2m and 2.54x industry multiple (adjusted for size and gross margin).
rmk asset ltd Estimated Valuation
Pomanda estimates the enterprise value of RMK ASSET LTD at £382.8k based on an EBITDA of £77.2k and a 4.96x industry multiple (adjusted for size and gross margin).
rmk asset ltd Estimated Valuation
Pomanda estimates the enterprise value of RMK ASSET LTD at £257k based on Net Assets of £147.2k and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Rmk Asset Ltd Overview
Rmk Asset Ltd is a live company located in london, W1K 5QF with a Companies House number of 13501501. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2021, it's largest shareholder is makkan ltd with a 100% stake. Rmk Asset Ltd is a startup, small sized company, Pomanda has estimated its turnover at £2.2m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Rmk Asset Ltd Health Check
Pomanda's financial health check has awarded Rmk Asset Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £2.2m, make it larger than the average company (£950k)
- Rmk Asset Ltd
£950k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rmk Asset Ltd
- - Industry AVG
Production
with a gross margin of 31.3%, this company has a higher cost of product (72.5%)
- Rmk Asset Ltd
72.5% - Industry AVG
Profitability
an operating margin of 3.5% make it less profitable than the average company (29%)
- Rmk Asset Ltd
29% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
- Rmk Asset Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)
- Rmk Asset Ltd
£33.4k - Industry AVG
Efficiency
resulting in sales per employee of £435.5k, this is more efficient (£192.3k)
- Rmk Asset Ltd
£192.3k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (31 days)
- Rmk Asset Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (37 days)
- Rmk Asset Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rmk Asset Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rmk Asset Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.8%, this is a higher level of debt than the average (69.2%)
96.8% - Rmk Asset Ltd
69.2% - Industry AVG
RMK ASSET LTD financials
Rmk Asset Ltd's latest turnover from May 2024 is estimated at £2.2 million and the company has net assets of £147.2 thousand. According to their latest financial statements, we estimate that Rmk Asset Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | |
|---|---|---|---|
| Tangible Assets | 4,083,798 | 2,109,302 | 1,670,431 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 4,083,798 | 2,109,302 | 1,670,431 |
| Stock & work in progress | |||
| Trade Debtors | 537,310 | 407,491 | 919,460 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 537,310 | 407,491 | 919,460 |
| total assets | 4,621,108 | 2,516,793 | 2,589,891 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 250,670 | 1,209 | 965 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 250,670 | 1,209 | 965 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 3,976 | ||
| other liabilities | 4,219,243 | 2,426,243 | 2,559,243 |
| provisions | |||
| total long term liabilities | 4,223,219 | 2,426,243 | 2,559,243 |
| total liabilities | 4,473,889 | 2,427,452 | 2,560,208 |
| net assets | 147,219 | 89,341 | 29,683 |
| total shareholders funds | 147,219 | 89,341 | 29,683 |
| May 2024 | May 2023 | May 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 129,819 | -511,969 | 919,460 |
| Creditors | 249,461 | 244 | 965 |
| Accruals and Deferred Income | 3,976 | ||
| 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 | 1,793,000 | -133,000 | 2,559,243 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
rmk asset ltd Credit Report and Business Information
Rmk Asset Ltd Competitor Analysis
Perform a competitor analysis for rmk asset ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W1K area or any other competitors across 12 key performance metrics.
rmk asset ltd Ownership
RMK ASSET LTD group structure
Rmk Asset Ltd has no subsidiary companies.
rmk asset ltd directors
Rmk Asset Ltd currently has 1 director, Mr Imtiaz Patel serving since Oct 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Imtiaz Patel | United Kingdom | 38 years | Oct 2023 | - | Director |
P&L
May 2024turnover
2.2m
+56%
operating profit
77.2k
0%
gross margin
31.3%
+5.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
147.2k
+0.65%
total assets
4.6m
+0.84%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
rmk asset ltd company details
company number
13501501
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
July 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
international house, 6 south molton street, london, W1K 5QF
Bank
-
Legal Advisor
-
rmk asset 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 rmk asset ltd.
rmk asset 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 RMK ASSET LTD. This can take several minutes, an email will notify you when this has completed.
rmk asset ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
