the rug store and more limited
the rug store and more limited Company Information
Company Number
NI649642
Website
therugstoreandmore.co.ukRegistered Address
mckees 32-38 linenhall street, belfast, BT2 8BG
Industry
Other retail sale in non-specialised stores
Telephone
02891818320
Next Accounts Due
378 days late
Group Structure
View All
Directors
Richard Brailsford6 Years
Shareholders
richard brailsford 100%
the rug store and more limited Estimated Valuation
Pomanda estimates the enterprise value of THE RUG STORE AND MORE LIMITED at £281.8k based on a Turnover of £881.1k and 0.32x industry multiple (adjusted for size and gross margin).
the rug store and more limited Estimated Valuation
Pomanda estimates the enterprise value of THE RUG STORE AND MORE LIMITED at £0 based on an EBITDA of £-27.1k and a 3.25x industry multiple (adjusted for size and gross margin).
the rug store and more limited Estimated Valuation
Pomanda estimates the enterprise value of THE RUG STORE AND MORE LIMITED at £189.8k based on Net Assets of £54.5k and 3.48x industry multiple (adjusted for liquidity).
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The Rug Store And More Limited Overview
The Rug Store And More Limited is a live company located in belfast, BT2 8BG with a Companies House number of NI649642. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in December 2017, it's largest shareholder is richard brailsford with a 100% stake. The Rug Store And More Limited is a young, small sized company, Pomanda has estimated its turnover at £881.1k with high growth in recent years.
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The Rug Store And More Limited Health Check
Pomanda's financial health check has awarded The Rug Store And More Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £881.1k, make it smaller than the average company (£1.7m)
- The Rug Store And More Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (-6.5%)
- The Rug Store And More Limited
-6.5% - Industry AVG
Production
with a gross margin of 26.4%, this company has a higher cost of product (40.2%)
- The Rug Store And More Limited
40.2% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (5.5%)
- The Rug Store And More Limited
5.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (55)
2 - The Rug Store And More Limited
55 - Industry AVG
Pay Structure
on an average salary of £18.2k, the company has an equivalent pay structure (£18.2k)
- The Rug Store And More Limited
£18.2k - Industry AVG
Efficiency
resulting in sales per employee of £440.6k, this is more efficient (£74.5k)
- The Rug Store And More Limited
£74.5k - Industry AVG
Debtor Days
it gets paid by customers after 147 days, this is later than average (9 days)
- The Rug Store And More Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (37 days)
- The Rug Store And More Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Rug Store And More Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Rug Store And More Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.9%, this is a higher level of debt than the average (63.5%)
84.9% - The Rug Store And More Limited
63.5% - Industry AVG
THE RUG STORE AND MORE LIMITED financials
The Rug Store And More Limited's latest turnover from January 2022 is estimated at £881.1 thousand and the company has net assets of £54.5 thousand. According to their latest financial statements, The Rug Store And More Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|
| Tangible Assets | 5,289 | 4,492 | 5,502 | 7,052 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 100 | 0 | 100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,289 | 4,592 | 5,502 | 7,152 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 355,162 | 346,778 | 227,350 | 166,385 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 98 | 200 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 165 |
| total current assets | 355,260 | 346,978 | 227,350 | 166,550 |
| total assets | 360,549 | 351,570 | 232,852 | 173,702 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 189,579 | 154,116 | 100,710 | 48,043 |
| Group/Directors Accounts | 0 | 0 | 0 | 60,810 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 189,579 | 154,116 | 100,710 | 108,853 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 89,446 | 71,631 | 81,690 | 33,034 |
| other liabilities | 27,024 | 43,343 | 0 | 0 |
| provisions | 0 | 853 | 1,045 | 1,416 |
| total long term liabilities | 116,470 | 115,827 | 82,735 | 34,450 |
| total liabilities | 306,049 | 269,943 | 183,445 | 143,303 |
| net assets | 54,500 | 81,627 | 49,407 | 30,399 |
| total shareholders funds | 54,500 | 81,627 | 49,407 | 30,399 |
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 8,282 | 119,628 | 60,965 | 166,385 |
| Creditors | 35,463 | 53,406 | 52,667 | 48,043 |
| Accruals and Deferred Income | 17,815 | -10,059 | 48,656 | 33,034 |
| Deferred Taxes & Provisions | -853 | -192 | -371 | 1,416 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -100 | 100 | -100 | 100 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -60,810 | 60,810 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -16,319 | 43,343 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
the rug store and more limited Credit Report and Business Information
The Rug Store And More Limited Competitor Analysis
Perform a competitor analysis for the rug store and more limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BT2 area or any other competitors across 12 key performance metrics.
the rug store and more limited Ownership
THE RUG STORE AND MORE LIMITED group structure
The Rug Store And More Limited has no subsidiary companies.
Ultimate parent company
THE RUG STORE AND MORE LIMITED
NI649642
the rug store and more limited directors
The Rug Store And More Limited currently has 1 director, Mr Richard Brailsford serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Brailsford | 64 years | Feb 2018 | - | Director |
P&L
January 2022turnover
881.1k
-20%
operating profit
-27.1k
0%
gross margin
26.4%
-2.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2022net assets
54.5k
-0.33%
total assets
360.5k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
the rug store and more limited company details
company number
NI649642
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
December 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2022
previous names
N/A
accountant
ALAN CURRY
auditor
-
address
mckees 32-38 linenhall street, belfast, BT2 8BG
Bank
-
Legal Advisor
-
the rug store and more 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 the rug store and more limited.
the rug store and more limited Companies House Filings - See Documents
| date | description | view/download |
|---|
