rift actuators ltd

rift actuators ltd Company Information

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StartupMicro

Company Number

14767295

Industry

Other research and experimental development on natural sciences and engineering

 

Other manufacturing n.e.c.

 

Shareholders

stephen mckay

Group Structure

View All

Contact

Registered Address

12 sixways industrial estate, barnards green road, malvern, worcestershire, WR14 3NB

rift actuators ltd Estimated Valuation

£379.5k

Pomanda estimates the enterprise value of RIFT ACTUATORS LTD at £379.5k based on a Turnover of £388.1k and 0.98x industry multiple (adjusted for size and gross margin).

rift actuators ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of RIFT ACTUATORS LTD at £0 based on an EBITDA of £-190.9k and a 5.26x industry multiple (adjusted for size and gross margin).

rift actuators ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of RIFT ACTUATORS LTD at £0 based on Net Assets of £-190.7k and 2.16x industry multiple (adjusted for liquidity).

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Rift Actuators Ltd Overview

Rift Actuators Ltd is a live company located in malvern, WR14 3NB with a Companies House number of 14767295. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in March 2023, it's largest shareholder is stephen mckay with a 100% stake. Rift Actuators Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £388.1k with unknown growth in recent years.

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Rift Actuators Ltd Health Check

Pomanda's financial health check has awarded Rift Actuators Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £388.1k, make it smaller than the average company (£8.9m)

£388.1k - Rift Actuators Ltd

£8.9m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Rift Actuators Ltd

- - Industry AVG

production

Production

with a gross margin of 40.2%, this company has a comparable cost of product (40.2%)

40.2% - Rift Actuators Ltd

40.2% - Industry AVG

profitability

Profitability

an operating margin of -49.2% make it less profitable than the average company (5.1%)

-49.2% - Rift Actuators Ltd

5.1% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (56)

6 - Rift Actuators Ltd

56 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.6k, the company has an equivalent pay structure (£51.6k)

£51.6k - Rift Actuators Ltd

£51.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £64.7k, this is less efficient (£147.5k)

£64.7k - Rift Actuators Ltd

£147.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (52 days)

4 days - Rift Actuators Ltd

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (43 days)

4 days - Rift Actuators Ltd

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 84 days, this is in line with average (91 days)

84 days - Rift Actuators Ltd

91 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (27 weeks)

0 weeks - Rift Actuators Ltd

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 408.6%, this is a higher level of debt than the average (42.3%)

408.6% - Rift Actuators Ltd

42.3% - Industry AVG

RIFT ACTUATORS LTD financials

EXPORTms excel logo

Rift Actuators Ltd's latest turnover from March 2024 is estimated at £388.1 thousand and the company has net assets of -£190.7 thousand. According to their latest financial statements, Rift Actuators Ltd has 6 employees and maintains cash reserves of £3.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024
Turnover388,105
Other Income Or Grants0
Cost Of Sales231,943
Gross Profit156,162
Admin Expenses347,095
Operating Profit-190,933
Interest Payable0
Interest Receivable93
Pre-Tax Profit-190,840
Tax0
Profit After Tax-190,840
Dividends Paid0
Retained Profit-190,840
Employee Costs309,800
Number Of Employees6
EBITDA*-190,933

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024
Tangible Assets0
Intangible Assets0
Investments & Other0
Debtors (Due After 1 year)0
Total Fixed Assets0
Stock & work in progress53,500
Trade Debtors4,666
Group Debtors0
Misc Debtors100
Cash3,536
misc current assets0
total current assets61,802
total assets61,802
Bank overdraft0
Bank loan0
Trade Creditors 2,680
Group/Directors Accounts0
other short term finances0
hp & lease commitments0
other current liabilities249,862
total current liabilities252,542
loans0
hp & lease commitments0
Accruals and Deferred Income0
other liabilities0
provisions0
total long term liabilities0
total liabilities252,542
net assets-190,740
total shareholders funds-190,740
Mar 2024
Operating Activities
Operating Profit-190,933
Depreciation0
Amortisation0
Tax0
Stock53,500
Debtors4,766
Creditors2,680
Accruals and Deferred Income249,862
Deferred Taxes & Provisions0
Cash flow from operations3,343
Investing Activities
capital expenditure0
Change in Investments0
cash flow from investments0
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
interest93
cash flow from financing193
cash and cash equivalents
cash3,536
overdraft0
change in cash3,536

rift actuators 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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Rift Actuators Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rift actuators ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WR14 area or any other competitors across 12 key performance metrics.

rift actuators ltd Ownership

RIFT ACTUATORS LTD group structure

Rift Actuators Ltd has no subsidiary companies.

Ultimate parent company

RIFT ACTUATORS LTD

14767295

RIFT ACTUATORS LTD Shareholders

stephen mckay 100%

rift actuators ltd directors

Rift Actuators Ltd currently has 2 directors. The longest serving directors include Mrs Katrina Kerr (Mar 2023) and Mr Stephen McKay (Mar 2023).

officercountryagestartendrole
Mrs Katrina KerrEngland41 years Mar 2023- Director
Mr Stephen McKayEngland66 years Mar 2023- Director

P&L

March 2024

turnover

388.1k

0%

operating profit

-190.9k

0%

gross margin

40.3%

0%

turnover

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

Balance Sheet

March 2024

net assets

-190.7k

0%

total assets

61.8k

0%

cash

3.5k

0%

net assets

Total assets minus all liabilities

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Similar companies unavailable for this selection

rift actuators ltd company details

company number

14767295

Type

Private limited with Share Capital

industry

72190 - Other research and experimental development on natural sciences and engineering

32990 - Other manufacturing n.e.c.

incorporation date

March 2023

age

2

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

smart automated solutions ltd (May 2023)

accountant

COOPER PARRY ADVISORY LIMITED

auditor

-

address

12 sixways industrial estate, barnards green road, malvern, worcestershire, WR14 3NB

Bank

-

Legal Advisor

-

rift actuators 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 rift actuators ltd.

rift actuators 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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rift actuators ltd Companies House Filings - See Documents

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