Pomanda estimates the enterprise value of RAG TECH LTD at £19.1k based on a Turnover of £40.3k and 0.47x industry multiple (adjusted for size and gross margin).
rag tech ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RAG TECH LTD at £0 based on an EBITDA of £-29.7k and a 3.34x industry multiple (adjusted for size and gross margin).
rag tech ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RAG TECH LTD at £0 based on Net Assets of £-29.7k and 2.22x industry multiple (adjusted for liquidity).
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Rag Tech LtdOverview
Rag Tech Ltd is a live company located in harrow, HA3 0XQ with a Companies House number of 14539666. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 2022, it's largest shareholder is
atul khosla
with a 100% stake. Rag Tech Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£40.3k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Rag Tech Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
2 Regular
6 Weak
Size
annual sales of £40.3k, make it smaller than the average company (£5.1m)
£40.3k - Rag Tech Ltd
£5.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Rag Tech Ltd
- - Industry AVG
Production
with a gross margin of 22.5%, this company has a higher cost of product (45.2%)
22.5% - Rag Tech Ltd
45.2% - Industry AVG
Profitability
an operating margin of -73.6% make it less profitable than the average company (5%)
-73.6% - Rag Tech Ltd
5% - Industry AVG
Employees
with 1 employees, this is below the industry average (30)
1 - Rag Tech Ltd
30 - Industry AVG
Pay Structure
on an average salary of £63.8k, the company has an equivalent pay structure (£63.8k)
£63.8k - Rag Tech Ltd
£63.8k - Industry AVG
Efficiency
resulting in sales per employee of £40.3k, this is less efficient (£162.4k)
£40.3k - Rag Tech Ltd
£162.4k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (52 days)
51 days - Rag Tech Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 413 days, this is slower than average (31 days)
413 days - Rag Tech Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rag Tech Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rag Tech Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 624.7%, this is a higher level of debt than the average (61.9%)
624.7% - Rag Tech Ltd
61.9% - Industry AVG
RAG TECH LTD financials
EXPORT
Rag Tech Ltd's latest turnover from December 2023 is estimated at £40.3 thousand and the company has net assets of -£29.7 thousand. According to their latest financial statements, we estimate that Rag Tech Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Turnover
40,281
Other Income Or Grants
Cost Of Sales
31,200
Gross Profit
9,081
Admin Expenses
38,744
Operating Profit
-29,663
Interest Payable
Interest Receivable
Pre-Tax Profit
-29,663
Tax
Profit After Tax
-29,663
Dividends Paid
Retained Profit
-29,663
Employee Costs
63,823
Number Of Employees
1
EBITDA*
-29,663
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
5,653
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
5,653
total assets
5,653
Bank overdraft
Bank loan
Trade Creditors
35,316
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
35,316
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
35,316
net assets
-29,663
total shareholders funds
-29,663
Dec 2023
Operating Activities
Operating Profit
-29,663
Depreciation
Amortisation
Tax
Stock
Debtors
5,653
Creditors
35,316
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
rag tech 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 rag tech ltd. Get real-time insights into rag tech ltd's credit score, group structure and payment trends.
Perform a competitor analysis for rag tech ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in HA3 area or any other competitors across 12 key performance metrics.
rag tech ltd Ownership
RAG TECH LTD group structure
Rag Tech Ltd has no subsidiary companies.
Ultimate parent company
RAG TECH LTD
14539666
RAG TECH LTD Shareholders
The sole shareholder of Rag Tech Ltd is Atul Khosla.
atul khosla
100%
rag tech ltd directors
Rag Tech Ltd currently has 1 director, Mr Atul Khosla serving since Dec 2022.
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 rag tech ltd.
rag tech 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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rag tech ltdCompanies House Filings - See Documents
