rictle limited

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rictle limited Company Information

Share RICTLE LIMITED

Company Number

NI623639

Shareholders

desert limited

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

unit 5 connswater retail park, bloomfield avenue, belfast, BT5 5DL

Website

-

rictle limited Estimated Valuation

£96.6k

Pomanda estimates the enterprise value of RICTLE LIMITED at £96.6k based on a Turnover of £41.8k and 2.31x industry multiple (adjusted for size and gross margin).

rictle limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RICTLE LIMITED at £0 based on an EBITDA of £0 and a 4.52x industry multiple (adjusted for size and gross margin).

rictle limited Estimated Valuation

£174

Pomanda estimates the enterprise value of RICTLE LIMITED at £174 based on Net Assets of £100 and 1.75x industry multiple (adjusted for liquidity).

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Rictle Limited Overview

Rictle Limited is a live company located in belfast, BT5 5DL with a Companies House number of NI623639. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2014, it's largest shareholder is desert limited with a 100% stake. Rictle Limited is a established, micro sized company, Pomanda has estimated its turnover at £41.8k with rapid growth in recent years.

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Rictle Limited Health Check

Pomanda's financial health check has awarded Rictle Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £41.8k, make it smaller than the average company (£1.1m)

£41.8k - Rictle Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 327%, show it is growing at a faster rate (3.6%)

327% - Rictle Limited

3.6% - Industry AVG

production

Production

with a gross margin of 26.7%, this company has a higher cost of product (70.8%)

26.7% - Rictle Limited

70.8% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Rictle Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Rictle Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - Rictle Limited

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £41.8k, this is less efficient (£202.5k)

£41.8k - Rictle Limited

£202.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 92 days, this is later than average (33 days)

92 days - Rictle Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 125 days, this is slower than average (34 days)

125 days - Rictle Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rictle Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rictle Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.1%, this is a higher level of debt than the average (71.4%)

99.1% - Rictle Limited

71.4% - Industry AVG

RICTLE LIMITED financials

EXPORTms excel logo

Rictle Limited's latest turnover from December 2023 is estimated at £41.8 thousand and the company has net assets of £100. According to their latest financial statements, we estimate that Rictle Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Mar 2017Mar 2016Mar 2015
Turnover41,815475467538589599
Other Income Or Grants
Cost Of Sales30,644358355406444401
Gross Profit11,171117112131145198
Admin Expenses11,17111711213122198
Operating Profit123
Interest Payable
Interest Receivable
Pre-Tax Profit123
Tax-23
Profit After Tax100
Dividends Paid
Retained Profit100
Employee Costs33,07331,39730,18828,42229,19426,247
Number Of Employees111111
EBITDA*123

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Mar 2017Mar 2016Mar 2015
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors10,600100100100100100
Group Debtors
Misc Debtors100100
Cash
misc current assets
total current assets10,600100100100100100100100
total assets10,600100100100100100100100
Bank overdraft
Bank loan
Trade Creditors 10,500
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities10,500
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities10,500
net assets100100100100100100100100
total shareholders funds100100100100100100100100
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit123
Depreciation
Amortisation
Tax-23
Stock
Debtors10,500100-100100
Creditors10,500
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations100-100
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-100100
interest
cash flow from financing-100100
cash and cash equivalents
cash
overdraft
change in cash

rictle limited 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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Rictle Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rictle limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BT5 area or any other competitors across 12 key performance metrics.

rictle limited Ownership

RICTLE LIMITED group structure

Rictle Limited has no subsidiary companies.

Ultimate parent company

1 parent

RICTLE LIMITED

NI623639

RICTLE LIMITED Shareholders

desert limited 100%

rictle limited directors

Rictle Limited currently has 2 directors. The longest serving directors include Mr Ciaran Butler (Mar 2014) and Mr Colum Butler (Mar 2014).

officercountryagestartendrole
Mr Ciaran ButlerIreland57 years Mar 2014- Director
Mr Colum ButlerIreland63 years Mar 2014- Director

P&L

December 2023

turnover

41.8k

+8703%

operating profit

0

0%

gross margin

26.8%

+8.41%

turnover

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

Balance Sheet

December 2023

net assets

100

0%

total assets

10.6k

+105%

cash

0

0%

net assets

Total assets minus all liabilities

rictle limited company details

company number

NI623639

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

March 2014

age

11

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

unit 5 connswater retail park, bloomfield avenue, belfast, BT5 5DL

Bank

-

Legal Advisor

-

rictle limited 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 rictle limited.

rictle limited 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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rictle limited Companies House Filings - See Documents

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