ritchie brothers (public works contractors) limited
ritchie brothers (public works contractors) limited Company Information
Company Number
SC053816
Next Accounts
Sep 2025
Shareholders
ritchie brothers holdings ltd
Group Structure
View All
Industry
Construction of other civil engineering projects n.e.c.
Registered Address
97 clydesdale street, motherwell, ML1 4JQ
Website
www.ritchiebros.co.ukritchie brothers (public works contractors) limited Estimated Valuation
Pomanda estimates the enterprise value of RITCHIE BROTHERS (PUBLIC WORKS CONTRACTORS) LIMITED at £1.2m based on a Turnover of £5.3m and 0.23x industry multiple (adjusted for size and gross margin).
ritchie brothers (public works contractors) limited Estimated Valuation
Pomanda estimates the enterprise value of RITCHIE BROTHERS (PUBLIC WORKS CONTRACTORS) LIMITED at £0 based on an EBITDA of £0 and a 3.02x industry multiple (adjusted for size and gross margin).
ritchie brothers (public works contractors) limited Estimated Valuation
Pomanda estimates the enterprise value of RITCHIE BROTHERS (PUBLIC WORKS CONTRACTORS) LIMITED at £0 based on Net Assets of £-835k and 1.93x industry multiple (adjusted for liquidity).
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Ritchie Brothers (public Works Contractors) Limited Overview
Ritchie Brothers (public Works Contractors) Limited is a live company located in motherwell, ML1 4JQ with a Companies House number of SC053816. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in August 1973, it's largest shareholder is ritchie brothers holdings ltd with a 100% stake. Ritchie Brothers (public Works Contractors) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.3m with healthy growth in recent years.
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Ritchie Brothers (public Works Contractors) Limited Health Check
Pomanda's financial health check has awarded Ritchie Brothers (Public Works Contractors) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
5 Weak
Size
annual sales of £5.3m, make it smaller than the average company (£14m)
- Ritchie Brothers (public Works Contractors) Limited
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (9%)
- Ritchie Brothers (public Works Contractors) Limited
9% - Industry AVG
Production
with a gross margin of 11.6%, this company has a higher cost of product (17.5%)
- Ritchie Brothers (public Works Contractors) Limited
17.5% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Ritchie Brothers (public Works Contractors) Limited
- - Industry AVG
Employees
with 11 employees, this is below the industry average (53)
- Ritchie Brothers (public Works Contractors) Limited
53 - Industry AVG
Pay Structure
on an average salary of £51.4k, the company has an equivalent pay structure (£51.4k)
- Ritchie Brothers (public Works Contractors) Limited
£51.4k - Industry AVG
Efficiency
resulting in sales per employee of £485.5k, this is more efficient (£255.1k)
- Ritchie Brothers (public Works Contractors) Limited
£255.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ritchie Brothers (public Works Contractors) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (35 days)
- Ritchie Brothers (public Works Contractors) Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ritchie Brothers (public Works Contractors) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ritchie Brothers (public Works Contractors) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1008.6%, this is a higher level of debt than the average (60.3%)
1008.6% - Ritchie Brothers (public Works Contractors) Limited
60.3% - Industry AVG
RITCHIE BROTHERS (PUBLIC WORKS CONTRACTORS) LIMITED financials
Ritchie Brothers (Public Works Contractors) Limited's latest turnover from December 2023 is estimated at £5.3 million and the company has net assets of -£835 thousand. According to their latest financial statements, we estimate that Ritchie Brothers (Public Works Contractors) Limited has 11 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 85,000 | |||||||||
| Intangible Assets | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | |||||||||
| Investments & Other | 6,900 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | |||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | |||||||||||||||
| misc current assets | |||||||||||||||
| total current assets | |||||||||||||||
| total assets | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | 91,900 | |||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | |||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | |||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | 926,871 | |||
| net assets | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | |||
| total shareholders funds | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 | -834,971 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | |||||||||||||||
| Creditors | 926,871 | -926,871 | 926,871 | ||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -6,900 | 6,900 | |||||||||||||
| 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 |
ritchie brothers (public works contractors) limited Credit Report and Business Information
Ritchie Brothers (public Works Contractors) Limited Competitor Analysis
Perform a competitor analysis for ritchie brothers (public works contractors) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in ML1 area or any other competitors across 12 key performance metrics.
ritchie brothers (public works contractors) limited Ownership
RITCHIE BROTHERS (PUBLIC WORKS CONTRACTORS) LIMITED group structure
Ritchie Brothers (Public Works Contractors) Limited has no subsidiary companies.
Ultimate parent company
1 parent
RITCHIE BROTHERS (PUBLIC WORKS CONTRACTORS) LIMITED
SC053816
ritchie brothers (public works contractors) limited directors
Ritchie Brothers (Public Works Contractors) Limited currently has 2 directors. The longest serving directors include Mr James Ritchie (Jun 1989) and Mr Norman Ritchie (Nov 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Ritchie | Scotland | 76 years | Jun 1989 | - | Director |
| Mr Norman Ritchie | Scotland | 50 years | Nov 1997 | - | Director |
P&L
December 2023turnover
5.3m
+16%
operating profit
0
0%
gross margin
11.7%
+9.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-835k
0%
total assets
91.9k
0%
cash
0
0%
net assets
Total assets minus all liabilities
ritchie brothers (public works contractors) limited company details
company number
SC053816
Type
Private limited with Share Capital
industry
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
August 1973
age
52
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
97 clydesdale street, motherwell, ML1 4JQ
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
ritchie brothers (public works contractors) 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 found 5 charges/mortgages relating to ritchie brothers (public works contractors) limited. Currently there are 0 open charges and 5 have been satisfied in the past.
ritchie brothers (public works contractors) 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.
Click to start generating capital raising & share issue transactions for RITCHIE BROTHERS (PUBLIC WORKS CONTRACTORS) LIMITED. This can take several minutes, an email will notify you when this has completed.
ritchie brothers (public works contractors) limited Companies House Filings - See Documents
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