rapid boiler spares ltd
rapid boiler spares ltd Company Information
Company Number
14312378
Website
-Registered Address
unit 2 the guide business centre, school lane, blackburn, BB1 2QH
Industry
Retail sale via mail order houses or via Internet
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Fakhruddin Lodal2 Years
Shareholders
fakhruddin lodal 100%
rapid boiler spares ltd Estimated Valuation
Pomanda estimates the enterprise value of RAPID BOILER SPARES LTD at £4.3k based on a Turnover of £14.4k and 0.3x industry multiple (adjusted for size and gross margin).
rapid boiler spares ltd Estimated Valuation
Pomanda estimates the enterprise value of RAPID BOILER SPARES LTD at £5.6k based on an EBITDA of £1.3k and a 4.25x industry multiple (adjusted for size and gross margin).
rapid boiler spares ltd Estimated Valuation
Pomanda estimates the enterprise value of RAPID BOILER SPARES LTD at £2.4k based on Net Assets of £1.1k and 2.18x industry multiple (adjusted for liquidity).
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Rapid Boiler Spares Ltd Overview
Rapid Boiler Spares Ltd is a live company located in blackburn, BB1 2QH with a Companies House number of 14312378. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in August 2022, it's largest shareholder is fakhruddin lodal with a 100% stake. Rapid Boiler Spares Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £14.4k with unknown growth in recent years.
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Rapid Boiler Spares Ltd Health Check
Pomanda's financial health check has awarded Rapid Boiler Spares Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £14.4k, make it smaller than the average company (£326k)
- Rapid Boiler Spares Ltd
£326k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rapid Boiler Spares Ltd
- - Industry AVG
Production
with a gross margin of 36.6%, this company has a comparable cost of product (36.6%)
- Rapid Boiler Spares Ltd
36.6% - Industry AVG
Profitability
an operating margin of 9.1% make it more profitable than the average company (2.2%)
- Rapid Boiler Spares Ltd
2.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Rapid Boiler Spares Ltd
4 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£27.5k)
- Rapid Boiler Spares Ltd
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £14.4k, this is less efficient (£159.6k)
- Rapid Boiler Spares Ltd
£159.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rapid Boiler Spares Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Rapid Boiler Spares Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 213 days, this is more than average (85 days)
- Rapid Boiler Spares Ltd
85 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (17 weeks)
22 weeks - Rapid Boiler Spares Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.2%, this is a higher level of debt than the average (74.4%)
84.2% - Rapid Boiler Spares Ltd
74.4% - Industry AVG
RAPID BOILER SPARES LTD financials
Rapid Boiler Spares Ltd's latest turnover from August 2023 is estimated at £14.4 thousand and the company has net assets of £1.1 thousand. According to their latest financial statements, we estimate that Rapid Boiler Spares Ltd has 1 employee and maintains cash reserves of £1.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | |
|---|---|
| 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
| Aug 2023 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 5,336 |
| Trade Debtors | 0 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 1,719 |
| misc current assets | 0 |
| total current assets | 7,055 |
| total assets | 7,055 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 0 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 3,943 |
| total current liabilities | 3,943 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 2,000 |
| provisions | 0 |
| total long term liabilities | 2,000 |
| total liabilities | 5,943 |
| net assets | 1,112 |
| total shareholders funds | 1,112 |
| Aug 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 5,336 |
| Debtors | 0 |
| Creditors | 0 |
| Accruals and Deferred Income | 3,943 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 2,000 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 1,719 |
| overdraft | 0 |
| change in cash | 1,719 |
rapid boiler spares ltd Credit Report and Business Information
Rapid Boiler Spares Ltd Competitor Analysis
Perform a competitor analysis for rapid boiler spares ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BB1 area or any other competitors across 12 key performance metrics.
rapid boiler spares ltd Ownership
RAPID BOILER SPARES LTD group structure
Rapid Boiler Spares Ltd has no subsidiary companies.
Ultimate parent company
RAPID BOILER SPARES LTD
14312378
rapid boiler spares ltd directors
Rapid Boiler Spares Ltd currently has 1 director, Mr Fakhruddin Lodal serving since Aug 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Fakhruddin Lodal | 46 years | Aug 2022 | - | Director |
P&L
August 2023turnover
14.4k
0%
operating profit
1.3k
0%
gross margin
36.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
1.1k
0%
total assets
7.1k
0%
cash
1.7k
0%
net assets
Total assets minus all liabilities
Similar Companies
rapid boiler spares ltd company details
company number
14312378
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
August 2022
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
unit 2 the guide business centre, school lane, blackburn, BB1 2QH
Bank
-
Legal Advisor
-
rapid boiler spares 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 rapid boiler spares ltd.
rapid boiler spares ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
