resolute associates ltd

resolute associates ltd Company Information

Share RESOLUTE ASSOCIATES LTD
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StartupMicro

Company Number

14401107

Industry

Joinery installation

 

Shareholders

richard williamson

nicola williamson

Group Structure

View All

Contact

Registered Address

71-75 shelton street, covent garden, london, WC2H 9JQ

resolute associates ltd Estimated Valuation

£111.6k

Pomanda estimates the enterprise value of RESOLUTE ASSOCIATES LTD at £111.6k based on a Turnover of £331.4k and 0.34x industry multiple (adjusted for size and gross margin).

resolute associates ltd Estimated Valuation

£246.3k

Pomanda estimates the enterprise value of RESOLUTE ASSOCIATES LTD at £246.3k based on an EBITDA of £67.1k and a 3.67x industry multiple (adjusted for size and gross margin).

resolute associates ltd Estimated Valuation

£90.3k

Pomanda estimates the enterprise value of RESOLUTE ASSOCIATES LTD at £90.3k based on Net Assets of £47.3k and 1.91x industry multiple (adjusted for liquidity).

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Resolute Associates Ltd Overview

Resolute Associates Ltd is a live company located in london, WC2H 9JQ with a Companies House number of 14401107. It operates in the joinery installation sector, SIC Code 43320. Founded in October 2022, it's largest shareholder is richard williamson with a 50% stake. Resolute Associates Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £331.4k with unknown growth in recent years.

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Resolute Associates Ltd Health Check

Pomanda's financial health check has awarded Resolute Associates Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £331.4k, make it larger than the average company (£204.5k)

£331.4k - Resolute Associates Ltd

£204.5k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Resolute Associates Ltd

- - Industry AVG

production

Production

with a gross margin of 29.8%, this company has a comparable cost of product (29.8%)

29.8% - Resolute Associates Ltd

29.8% - Industry AVG

profitability

Profitability

an operating margin of 17.8% make it more profitable than the average company (6.5%)

17.8% - Resolute Associates Ltd

6.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Resolute Associates Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.7k, the company has an equivalent pay structure (£27.7k)

£27.7k - Resolute Associates Ltd

£27.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £165.7k, this is more efficient (£116.2k)

£165.7k - Resolute Associates Ltd

£116.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 69 days, this is later than average (53 days)

69 days - Resolute Associates Ltd

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 66 days, this is slower than average (42 days)

66 days - Resolute Associates Ltd

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Resolute Associates Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (27 weeks)

39 weeks - Resolute Associates Ltd

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 80.3%, this is a higher level of debt than the average (56.6%)

80.3% - Resolute Associates Ltd

56.6% - Industry AVG

RESOLUTE ASSOCIATES LTD financials

EXPORTms excel logo

Resolute Associates Ltd's latest turnover from October 2023 is estimated at £331.4 thousand and the company has net assets of £47.3 thousand. According to their latest financial statements, Resolute Associates Ltd has 2 employees and maintains cash reserves of £145.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023
Turnover331,368
Other Income Or Grants0
Cost Of Sales232,730
Gross Profit98,638
Admin Expenses39,514
Operating Profit59,124
Interest Payable0
Interest Receivable3,822
Pre-Tax Profit62,947
Tax-15,737
Profit After Tax47,210
Dividends Paid0
Retained Profit47,210
Employee Costs55,370
Number Of Employees2
EBITDA*67,124

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023
Tangible Assets32,000
Intangible Assets0
Investments & Other0
Debtors (Due After 1 year)0
Total Fixed Assets32,000
Stock & work in progress0
Trade Debtors63,007
Group Debtors0
Misc Debtors0
Cash145,612
misc current assets0
total current assets208,619
total assets240,619
Bank overdraft0
Bank loan0
Trade Creditors 42,258
Group/Directors Accounts0
other short term finances0
hp & lease commitments0
other current liabilities151,051
total current liabilities193,309
loans0
hp & lease commitments0
Accruals and Deferred Income0
other liabilities0
provisions0
total long term liabilities0
total liabilities193,309
net assets47,310
total shareholders funds47,310
Oct 2023
Operating Activities
Operating Profit59,124
Depreciation8,000
Amortisation0
Tax-15,737
Stock0
Debtors63,007
Creditors42,258
Accruals and Deferred Income151,051
Deferred Taxes & Provisions0
Cash flow from operations181,689
Investing Activities
capital expenditure-40,000
Change in Investments0
cash flow from investments-40,000
Financing Activities
Bank loans0
Group/Directors Accounts0
Other Short Term Loans 0
Long term loans0
Hire Purchase and Lease Commitments0
other long term liabilities0
share issue100
interest3,822
cash flow from financing3,922
cash and cash equivalents
cash145,612
overdraft0
change in cash145,612

resolute associates 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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Resolute Associates Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for resolute associates ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.

resolute associates ltd Ownership

RESOLUTE ASSOCIATES LTD group structure

Resolute Associates Ltd has no subsidiary companies.

Ultimate parent company

RESOLUTE ASSOCIATES LTD

14401107

RESOLUTE ASSOCIATES LTD Shareholders

richard williamson 50%
nicola williamson 50%

resolute associates ltd directors

Resolute Associates Ltd currently has 1 director, Mr Richard Williamson serving since Oct 2022.

officercountryagestartendrole
Mr Richard WilliamsonEngland58 years Oct 2022- Director

P&L

October 2023

turnover

331.4k

0%

operating profit

59.1k

0%

gross margin

29.8%

0%

turnover

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

Balance Sheet

October 2023

net assets

47.3k

0%

total assets

240.6k

0%

cash

145.6k

0%

net assets

Total assets minus all liabilities

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resolute associates ltd company details

company number

14401107

Type

Private limited with Share Capital

industry

43320 - Joinery installation

incorporation date

October 2022

age

3

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

homeworks windows and doors ltd (December 2023)

accountant

-

auditor

-

address

71-75 shelton street, covent garden, london, WC2H 9JQ

Bank

-

Legal Advisor

-

resolute associates 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 resolute associates ltd.

resolute associates 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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resolute associates ltd Companies House Filings - See Documents

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