r.j.t. excavations limited
r.j.t. excavations limited Company Information
Company Number
SC118090
Next Accounts
32 days late
Shareholders
rsk environment limited
Group Structure
View All
Industry
Site preparation
Registered Address
65 sussex street, glasgow, G41 1DX
Website
www.rjtexcavations.co.ukr.j.t. excavations limited Estimated Valuation
Pomanda estimates the enterprise value of R.J.T. EXCAVATIONS LIMITED at £15.1m based on a Turnover of £29.3m and 0.52x industry multiple (adjusted for size and gross margin).
r.j.t. excavations limited Estimated Valuation
Pomanda estimates the enterprise value of R.J.T. EXCAVATIONS LIMITED at £28.5m based on an EBITDA of £5.6m and a 5.1x industry multiple (adjusted for size and gross margin).
r.j.t. excavations limited Estimated Valuation
Pomanda estimates the enterprise value of R.J.T. EXCAVATIONS LIMITED at £20.7m based on Net Assets of £9.3m and 2.21x industry multiple (adjusted for liquidity).
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R.j.t. Excavations Limited Overview
R.j.t. Excavations Limited is a live company located in glasgow, G41 1DX with a Companies House number of SC118090. It operates in the site preparation sector, SIC Code 43120. Founded in May 1989, it's largest shareholder is rsk environment limited with a 100% stake. R.j.t. Excavations Limited is a mature, large sized company, Pomanda has estimated its turnover at £29.3m with healthy growth in recent years.
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R.j.t. Excavations Limited Health Check
Pomanda's financial health check has awarded R.J.T. Excavations Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
2 Weak
Size
annual sales of £29.3m, make it larger than the average company (£10.6m)
£29.3m - R.j.t. Excavations Limited
£10.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9.2%)
8% - R.j.t. Excavations Limited
9.2% - Industry AVG
Production
with a gross margin of 20.3%, this company has a comparable cost of product (22.2%)
20.3% - R.j.t. Excavations Limited
22.2% - Industry AVG
Profitability
an operating margin of 11.1% make it more profitable than the average company (7.6%)
11.1% - R.j.t. Excavations Limited
7.6% - Industry AVG
Employees
with 118 employees, this is above the industry average (25)
118 - R.j.t. Excavations Limited
25 - Industry AVG
Pay Structure
on an average salary of £63.6k, the company has a higher pay structure (£47.1k)
£63.6k - R.j.t. Excavations Limited
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £248.1k, this is equally as efficient (£249.5k)
£248.1k - R.j.t. Excavations Limited
£249.5k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (46 days)
70 days - R.j.t. Excavations Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is close to average (44 days)
45 days - R.j.t. Excavations Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - R.j.t. Excavations Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (19 weeks)
26 weeks - R.j.t. Excavations Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.7%, this is a similar level of debt than the average (59.5%)
57.7% - R.j.t. Excavations Limited
59.5% - Industry AVG
R.J.T. EXCAVATIONS LIMITED financials
R.J.T. Excavations Limited's latest turnover from May 2023 is £29.3 million and the company has net assets of £9.3 million. According to their latest financial statements, R.J.T. Excavations Limited has 118 employees and maintains cash reserves of £4.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 29,280,087 | 30,169,654 | 20,373,192 | 23,460,280 | 25,532,773 | 14,419,708 | 23,613,419 | 19,070,377 | 18,919,851 | 17,952,011 | 17,733,191 | 15,449,089 | 18,002,328 | 11,893,280 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 23,322,774 | 24,885,545 | 17,493,270 | 20,597,253 | 22,852,572 | 11,566,706 | 19,347,708 | 13,989,272 | 16,477,581 | 14,339,344 | 15,348,130 | 12,278,584 | 17,138,022 | 11,645,269 |
| Gross Profit | 5,957,313 | 5,284,109 | 2,879,922 | 2,863,027 | 2,680,201 | 2,853,002 | 4,265,711 | 5,081,105 | 2,442,270 | 3,612,667 | 2,385,061 | 3,170,505 | 864,306 | 248,011 |
| Admin Expenses | 2,706,135 | 2,231,781 | 1,826,837 | 1,536,045 | 1,763,431 | 1,718,879 | 1,757,362 | 1,878,337 | 1,554,687 | 1,919,219 | 1,800,675 | 2,124,067 | 1,114,547 | 1,024,142 |
| Operating Profit | 3,251,178 | 3,052,328 | 1,053,085 | 1,326,982 | 916,770 | 1,134,123 | 2,508,349 | 3,202,768 | 887,583 | 1,693,448 | 584,386 | 1,046,438 | -250,241 | -776,131 |
| Interest Payable | 193,667 | 177,939 | 213,521 | 145,643 | 143,413 | 123,611 | 115,811 | 131,803 | 177,727 | 201,118 | 133,803 | 133,709 | 181,162 | 186,131 |
| Interest Receivable | 9,479 | 6,517 | 6,867 | 731 | 1,356 | 346 | 3,867 | 1,190 | ||||||
| Pre-Tax Profit | 3,066,990 | 2,874,389 | 839,564 | 1,187,856 | 780,224 | 1,010,512 | 2,392,538 | 3,070,965 | 707,400 | 1,666,971 | 511,111 | 1,037,783 | -327,447 | -831,210 |
| Tax | -754,716 | -498,157 | -234,801 | -257,815 | -250,960 | -320,787 | -458,717 | -493,917 | -28,973 | -366,722 | -9,219 | 247,320 | 121,172 | 233,147 |
| Profit After Tax | 2,312,274 | 2,376,232 | 604,763 | 930,041 | 529,264 | 689,725 | 1,933,821 | 2,577,048 | 678,427 | 1,300,249 | 501,892 | 1,285,103 | -206,275 | -598,063 |
| Dividends Paid | 3,000,000 | 1,250,000 | 2,220,000 | 500,000 | 420,000 | |||||||||
| Retained Profit | 2,312,274 | -623,768 | 604,763 | 930,041 | -720,736 | 689,725 | -286,179 | 2,077,048 | 678,427 | 880,249 | 501,892 | 1,285,103 | -206,275 | -598,063 |
| Employee Costs | 7,509,830 | 7,238,618 | 6,836,532 | 6,887,454 | 6,467,644 | 5,072,256 | 5,567,748 | 4,805,685 | 4,782,823 | 4,506,707 | 3,995,916 | 3,134,828 | 3,596,024 | 2,981,436 |
| Number Of Employees | 118 | 124 | 125 | 129 | 126 | 109 | 121 | 102 | 95 | 90 | 95 | 64 | 77 | 67 |
| EBITDA* | 5,596,708 | 5,030,140 | 2,921,422 | 3,384,307 | 2,425,455 | 2,727,755 | 3,994,579 | 4,543,508 | 2,305,267 | 2,945,652 | 1,673,978 | 1,955,751 | 796,422 | 289,811 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,256,364 | 9,183,599 | 8,292,129 | 8,919,116 | 8,763,740 | 7,540,132 | 7,219,289 | 6,110,368 | 5,821,768 | 6,255,961 | 5,081,239 | 4,594,980 | 4,287,640 | 4,420,906 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 11,256,364 | 9,183,599 | 8,292,129 | 8,919,116 | 8,763,740 | 7,540,132 | 7,219,289 | 6,110,368 | 5,821,768 | 6,255,961 | 5,081,239 | 4,594,980 | 4,287,640 | 4,420,906 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 5,679,141 | 5,495,107 | 4,908,229 | 2,660,483 | 971,272 | 1,107,003 | 4,248,097 | 4,308,270 | 3,701,934 | 3,292,243 | 3,256,306 | 2,417,915 | 4,235,571 | 4,391,514 |
| Group Debtors | 21,870 | 21,063 | 250 | 63,628 | 81,317 | 80,457 | 48,635 | 56,218 | 74,477 | 71,283 | 65,816 | 140,399 | ||
| Misc Debtors | 971,680 | 313,040 | 381,611 | 245,785 | 3,703,279 | 2,824,736 | 104,259 | 251,613 | 151,703 | 104,714 | 95,819 | 402,742 | 334,673 | 62,161 |
| Cash | 4,106,246 | 4,425,834 | 5,145,752 | 4,928,752 | 4,033,180 | 2,530,838 | 2,794,381 | 3,896,895 | 2,174,435 | 1,144,769 | 1,515,781 | 603,142 | 8,264 | 1,154,055 |
| misc current assets | ||||||||||||||
| total current assets | 10,778,937 | 10,255,044 | 10,435,842 | 7,898,648 | 8,789,048 | 6,543,034 | 7,195,372 | 8,512,996 | 6,102,549 | 4,613,009 | 4,933,722 | 3,423,799 | 4,718,907 | 5,607,730 |
| total assets | 22,035,301 | 19,438,643 | 18,727,971 | 16,817,764 | 17,552,788 | 14,083,166 | 14,414,661 | 14,623,364 | 11,924,317 | 10,868,970 | 10,014,961 | 8,018,779 | 9,006,547 | 10,028,636 |
| Bank overdraft | 158,037 | |||||||||||||
| Bank loan | 363,636 | 181,818 | ||||||||||||
| Trade Creditors | 2,920,948 | 4,553,217 | 3,171,307 | 1,081,046 | 4,368,437 | 2,002,778 | 2,374,805 | 3,426,246 | 2,190,069 | 1,906,795 | 3,395,946 | 1,938,754 | 2,794,706 | 3,012,547 |
| Group/Directors Accounts | 93,325 | 169,794 | 56,083 | |||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 2,799,301 | 2,243,421 | 1,908,575 | 2,088,987 | 2,222,898 | 1,777,053 | 1,343,089 | 1,283,001 | 1,540,218 | 1,996,714 | 1,530,096 | 1,283,478 | 1,219,459 | 1,519,813 |
| other current liabilities | 2,480,010 | 2,380,782 | 1,961,528 | 2,170,419 | 2,457,383 | 1,545,564 | 2,741,313 | 2,360,215 | 2,886,127 | 1,445,416 | 755,037 | 649,518 | 1,508,032 | 1,383,684 |
| total current liabilities | 8,200,259 | 9,177,420 | 7,498,371 | 5,522,270 | 9,048,718 | 5,325,395 | 6,459,207 | 7,069,462 | 6,616,414 | 5,348,925 | 5,681,079 | 3,871,750 | 5,850,028 | 5,972,127 |
| loans | 1,454,546 | 1,818,182 | ||||||||||||
| hp & lease commitments | 2,648,891 | 2,142,062 | 1,500,854 | 2,070,045 | 2,128,526 | 1,734,790 | 1,662,028 | 982,473 | 838,514 | 1,753,473 | 1,489,118 | 1,834,040 | 1,332,825 | 1,400,946 |
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 1,857,014 | 1,102,298 | 633,569 | 371,399 | 269,717 | 196,418 | 156,588 | 148,412 | 123,420 | 99,030 | 57,471 | 27,588 | 823,396 | 1,448,990 |
| total long term liabilities | 4,505,905 | 3,244,360 | 3,588,969 | 4,259,626 | 2,398,243 | 1,931,208 | 1,818,616 | 1,130,885 | 961,934 | 1,852,503 | 1,546,589 | 1,861,628 | 2,156,221 | 2,849,936 |
| total liabilities | 12,706,164 | 12,421,780 | 11,087,340 | 9,781,896 | 11,446,961 | 7,256,603 | 8,277,823 | 8,200,347 | 7,578,348 | 7,201,428 | 7,227,668 | 5,733,378 | 8,006,249 | 8,822,063 |
| net assets | 9,329,137 | 7,016,863 | 7,640,631 | 7,035,868 | 6,105,827 | 6,826,563 | 6,136,838 | 6,423,017 | 4,345,969 | 3,667,542 | 2,787,293 | 2,285,401 | 1,000,298 | 1,206,573 |
| total shareholders funds | 9,329,137 | 7,016,863 | 7,640,631 | 7,035,868 | 6,105,827 | 6,826,563 | 6,136,838 | 6,423,017 | 4,345,969 | 3,667,542 | 2,787,293 | 2,285,401 | 1,000,298 | 1,206,573 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 3,251,178 | 3,052,328 | 1,053,085 | 1,326,982 | 916,770 | 1,134,123 | 2,508,349 | 3,202,768 | 887,583 | 1,693,448 | 584,386 | 1,046,438 | -250,241 | -776,131 |
| Depreciation | 2,345,530 | 1,977,812 | 1,868,337 | 2,057,325 | 1,508,685 | 1,593,632 | 1,486,230 | 1,340,740 | 1,417,684 | 1,252,204 | 1,089,592 | 909,313 | 1,046,663 | 1,065,942 |
| Amortisation | ||||||||||||||
| Tax | -754,716 | -498,157 | -234,801 | -257,815 | -250,960 | -320,787 | -458,717 | -493,917 | -28,973 | -366,722 | -9,219 | 247,320 | 121,172 | 233,147 |
| Stock | ||||||||||||||
| Debtors | 843,481 | 539,120 | 2,320,194 | -1,785,972 | 743,672 | -388,795 | -215,110 | 687,987 | 459,874 | 50,299 | 597,284 | -1,889,986 | 256,968 | 4,453,675 |
| Creditors | -1,632,269 | 1,381,910 | 2,090,261 | -3,287,391 | 2,365,659 | -372,027 | -1,051,441 | 1,236,177 | 283,274 | -1,489,151 | 1,457,192 | -855,952 | -217,841 | 3,012,547 |
| Accruals and Deferred Income | 99,228 | 419,254 | -208,891 | -286,964 | 911,819 | -1,195,749 | 381,098 | -525,912 | 1,440,711 | 690,379 | 105,519 | -858,514 | 124,348 | 1,383,684 |
| Deferred Taxes & Provisions | 754,716 | 468,729 | 262,170 | 101,682 | 73,299 | 39,830 | 8,176 | 24,992 | 24,390 | 41,559 | 29,883 | -795,808 | -625,594 | 1,448,990 |
| Cash flow from operations | 3,220,186 | 6,262,756 | 2,509,967 | 1,439,791 | 4,781,600 | 1,267,817 | 3,088,805 | 4,096,861 | 3,564,795 | 1,771,418 | 2,660,069 | 1,582,783 | -58,461 | 1,914,504 |
| Investing Activities | ||||||||||||||
| capital expenditure | 224,852 | 465,603 | -112,880 | 73,892 | -283,497 | 1,448,253 | -75,043 | 1,226,319 | 601,932 | |||||
| Change in Investments | ||||||||||||||
| cash flow from investments | 224,852 | 465,603 | -112,880 | 73,892 | -283,497 | 1,448,253 | -75,043 | 1,226,319 | 601,932 | |||||
| Financing Activities | ||||||||||||||
| Bank loans | -363,636 | 181,818 | 181,818 | |||||||||||
| Group/Directors Accounts | -93,325 | 93,325 | -169,794 | 113,711 | 56,083 | |||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -1,454,546 | -363,636 | 1,818,182 | |||||||||||
| Hire Purchase and Lease Commitments | 1,062,709 | 976,054 | -749,603 | -192,392 | 839,581 | 506,726 | 739,643 | -113,258 | -1,371,455 | 730,973 | -98,304 | 565,234 | -368,475 | 2,920,759 |
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -184,188 | -177,939 | -213,521 | -139,126 | -136,546 | -123,611 | -115,811 | -131,803 | -176,996 | -201,118 | -132,447 | -133,363 | -177,295 | -184,941 |
| cash flow from financing | 878,521 | -1,113,392 | -1,051,617 | 1,668,482 | 703,035 | 383,115 | 623,832 | -245,061 | -1,548,451 | 529,855 | -230,751 | 262,077 | -432,059 | 4,596,537 |
| cash and cash equivalents | ||||||||||||||
| cash | -319,588 | -719,918 | 217,000 | 895,572 | 1,502,342 | -263,543 | -1,102,514 | 1,722,460 | 1,029,666 | -371,012 | 912,639 | 594,878 | -1,145,791 | 1,154,055 |
| overdraft | -158,037 | 158,037 | ||||||||||||
| change in cash | -319,588 | -719,918 | 217,000 | 895,572 | 1,502,342 | -263,543 | -1,102,514 | 1,722,460 | 1,029,666 | -371,012 | 912,639 | 752,915 | -1,303,828 | 1,154,055 |
r.j.t. excavations limited Credit Report and Business Information
R.j.t. Excavations Limited Competitor Analysis
Perform a competitor analysis for r.j.t. excavations limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in G41 area or any other competitors across 12 key performance metrics.
r.j.t. excavations limited Ownership
R.J.T. EXCAVATIONS LIMITED group structure
R.J.T. Excavations Limited has no subsidiary companies.
Ultimate parent company
2 parents
R.J.T. EXCAVATIONS LIMITED
SC118090
r.j.t. excavations limited directors
R.J.T. Excavations Limited currently has 8 directors. The longest serving directors include Mr Brian White (Jun 2000) and Mr Garry Young (Jun 2001).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian White | Scotland | 57 years | Jun 2000 | - | Director |
| Mr Garry Young | Scotland | 60 years | Jun 2001 | - | Director |
| Mr Joseph Smyth | Scotland | 49 years | Feb 2012 | - | Director |
| Mr Alasdair Ryder | Scotland | 63 years | Aug 2023 | - | Director |
| Ms Erika Taylor | England | 47 years | Aug 2023 | - | Director |
| Ms Abigail Draper | 54 years | Aug 2023 | - | Director | |
| Ms Claire Elms | England | 51 years | Aug 2023 | - | Director |
| Andrea Maestri | Scotland | 48 years | Mar 2025 | - | Director |
P&L
May 2023turnover
29.3m
-3%
operating profit
3.3m
+7%
gross margin
20.4%
+16.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
9.3m
+0.33%
total assets
22m
+0.13%
cash
4.1m
-0.07%
net assets
Total assets minus all liabilities
r.j.t. excavations limited company details
company number
SC118090
Type
Private limited with Share Capital
industry
43120 - Site preparation
incorporation date
May 1989
age
36
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
UHY HACKER YOUNG MANCHESTER LLP
address
65 sussex street, glasgow, G41 1DX
Bank
BANK OF SCOTLAND
Legal Advisor
-
r.j.t. excavations 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 10 charges/mortgages relating to r.j.t. excavations limited. Currently there are 6 open charges and 4 have been satisfied in the past.
r.j.t. excavations 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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r.j.t. excavations limited Companies House Filings - See Documents
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