rainbow blinds and fabrics limited

rainbow blinds and fabrics limited Company Information

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Company Number

SC191505

Industry

Manufacture of soft furnishings

 

Shareholders

g c group ltd

Group Structure

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Contact

Registered Address

61 canyon road, netherton industrial estate, wishaw, lanarkshire, ML2 0EG

rainbow blinds and fabrics limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of RAINBOW BLINDS AND FABRICS LIMITED at £1.3m based on a Turnover of £4.2m and 0.31x industry multiple (adjusted for size and gross margin).

rainbow blinds and fabrics limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of RAINBOW BLINDS AND FABRICS LIMITED at £1.9m based on an EBITDA of £581.2k and a 3.3x industry multiple (adjusted for size and gross margin).

rainbow blinds and fabrics limited Estimated Valuation

£6.6m

Pomanda estimates the enterprise value of RAINBOW BLINDS AND FABRICS LIMITED at £6.6m based on Net Assets of £4.6m and 1.46x industry multiple (adjusted for liquidity).

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Rainbow Blinds And Fabrics Limited Overview

Rainbow Blinds And Fabrics Limited is a live company located in wishaw, ML2 0EG with a Companies House number of SC191505. It operates in the manufacture of soft furnishings sector, SIC Code 13921. Founded in November 1998, it's largest shareholder is g c group ltd with a 100% stake. Rainbow Blinds And Fabrics Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.2m with healthy growth in recent years.

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Rainbow Blinds And Fabrics Limited Health Check

Pomanda's financial health check has awarded Rainbow Blinds And Fabrics Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £4.2m, make it smaller than the average company (£12.3m)

£4.2m - Rainbow Blinds And Fabrics Limited

£12.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7.7%)

11% - Rainbow Blinds And Fabrics Limited

7.7% - Industry AVG

production

Production

with a gross margin of 33%, this company has a comparable cost of product (33%)

33% - Rainbow Blinds And Fabrics Limited

33% - Industry AVG

profitability

Profitability

an operating margin of 12.3% make it more profitable than the average company (4.1%)

12.3% - Rainbow Blinds And Fabrics Limited

4.1% - Industry AVG

employees

Employees

with 54 employees, this is below the industry average (70)

54 - Rainbow Blinds And Fabrics Limited

70 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.4k, the company has an equivalent pay structure (£29.4k)

£29.4k - Rainbow Blinds And Fabrics Limited

£29.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £77.7k, this is less efficient (£147.5k)

£77.7k - Rainbow Blinds And Fabrics Limited

£147.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 34 days, this is near the average (38 days)

34 days - Rainbow Blinds And Fabrics Limited

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 47 days, this is close to average (44 days)

47 days - Rainbow Blinds And Fabrics Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 95 days, this is more than average (52 days)

95 days - Rainbow Blinds And Fabrics Limited

52 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 77 weeks, this is more cash available to meet short term requirements (16 weeks)

77 weeks - Rainbow Blinds And Fabrics Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14%, this is a lower level of debt than the average (59.1%)

14% - Rainbow Blinds And Fabrics Limited

59.1% - Industry AVG

RAINBOW BLINDS AND FABRICS LIMITED financials

EXPORTms excel logo

Rainbow Blinds And Fabrics Limited's latest turnover from December 2023 is estimated at £4.2 million and the company has net assets of £4.6 million. According to their latest financial statements, Rainbow Blinds And Fabrics Limited has 54 employees and maintains cash reserves of £1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover4,198,0523,755,5842,707,8673,081,3392,728,5953,488,5963,262,2082,740,0411,545,3247,733,6197,089,8476,963,4866,261,9756,395,3970
Other Income Or Grants000000000000000
Cost Of Sales2,811,1922,596,7471,641,9151,924,1291,862,1122,367,0282,347,9651,960,4561,047,9895,543,5594,979,3774,828,6754,319,3714,228,8080
Gross Profit1,386,8601,158,8371,065,9521,157,210866,4831,121,568914,243779,585497,3352,190,0602,110,4702,134,8111,942,6042,166,5890
Admin Expenses869,907-879,492259,167754,506628,957688,583370,822792,202623,1202,032,7151,986,6902,047,1331,930,4912,119,305-392,361
Operating Profit516,9532,038,329806,785402,704237,526432,985543,421-12,617-125,785157,345123,78087,67812,11347,284392,361
Interest Payable000000000000000
Interest Receivable51,55216,5010144112111111
Pre-Tax Profit568,5052,054,830806,785402,705237,530432,989543,422-12,616-125,783157,346123,78187,67912,11447,285392,361
Tax-142,126-390,418-153,289-76,514-45,131-82,268-103,25000-33,043-28,470-21,043-3,150-13,240-109,861
Profit After Tax426,3791,664,412653,496326,191192,399350,721440,172-12,616-125,783124,30395,31166,6368,96434,045282,500
Dividends Paid000000000000000
Retained Profit426,3791,664,412653,496326,191192,399350,721440,172-12,616-125,783124,30395,31166,6368,96434,045282,500
Employee Costs1,588,7761,476,9141,156,4151,261,1341,479,8411,393,6111,261,8291,265,882388,5921,895,2821,669,1411,520,2921,340,1251,456,8930
Number Of Employees54534448545457571888827363710
EBITDA*581,2212,129,931869,683476,078321,991525,236620,871-9,445-71,225176,109164,792108,10830,87164,779408,875

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets281,577307,602321,959370,703420,426462,409367,361384,619264,61059,89178,06264,25549,29154,56053,215
Intangible Assets12,66714,3340002,0004,0006,0008,000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets294,244321,936321,959370,703420,426464,409371,361390,619272,61059,89178,06264,25549,29154,56053,215
Stock & work in progress737,623658,047879,885734,343493,019447,858360,544251,562229,171135,993135,849129,653178,330144,496138,215
Trade Debtors400,856509,297313,440385,286419,956552,705409,641401,000400,6751,844,5471,744,8731,388,1491,327,2441,251,3701,015,122
Group Debtors2,818,7482,403,9381,993,7751,426,3251,482,0901,348,4441,374,0121,370,0601,639,278000000
Misc Debtors28,0343,17203,9604,3358,3737,92920,0635,564000000
Cash1,021,070942,81480737487487487487487200200200200200200
misc current assets000000000000000
total current assets5,006,3314,517,2683,187,1802,550,6512,399,8872,357,8672,152,6132,043,1722,275,1751,980,7401,880,9221,518,0021,505,7741,396,0661,153,537
total assets5,300,5754,839,2043,509,1392,921,3542,820,3132,822,2762,523,9742,433,7912,547,7852,040,6311,958,9841,582,2571,555,0651,450,6261,206,752
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 364,247301,873508,989526,467368,092435,021356,762299,333262,5221,366,2801,389,3841,129,3381,190,8571,095,716876,040
Group/Directors Accounts3,16131,4003,536279,091726,471778,895862,8331,219,1071,372,912000000
other short term finances000000000000000
hp & lease commitments000000069,16055,041000000
other current liabilities318,380315,389472,881250,071180,546231,702242,958181,415175,930000000
total current liabilities685,788648,662985,4061,055,6291,275,1091,445,6181,462,5531,769,0151,866,4051,366,2801,389,3841,129,3381,190,8571,095,716876,040
loans000000000000000
hp & lease commitments0000000120,518123,352000000
Accruals and Deferred Income000000000000000
other liabilities0000029,19976,8460032,59251,79829,4946,4537,22216,957
provisions57,65759,79157,39452,88258,55253,20641,04340,89842,05203461,2802,2461,1431,255
total long term liabilities57,65759,79157,39452,88258,55282,405117,889161,416165,40432,59252,14430,7748,6998,36518,212
total liabilities743,445708,4531,042,8001,108,5111,333,6611,528,0231,580,4421,930,4312,031,8091,398,8721,441,5281,160,1121,199,5561,104,081894,252
net assets4,557,1304,130,7512,466,3391,812,8431,486,6521,294,253943,532503,360515,976641,759517,456422,145355,509346,545312,500
total shareholders funds4,557,1304,130,7512,466,3391,812,8431,486,6521,294,253943,532503,360515,976641,759517,456422,145355,509346,545312,500
Dec 2023Dec 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit516,9532,038,329806,785402,704237,526432,985543,421-12,617-125,785157,345123,78087,67812,11347,284392,361
Depreciation62,60190,26962,89873,37482,46590,25175,4501,17252,56018,76441,01220,43018,75817,49516,514
Amortisation1,6671,333002,0002,0002,0002,0002,000000000
Tax-142,126-390,418-153,289-76,514-45,131-82,268-103,25000-33,043-28,470-21,043-3,150-13,240-109,861
Stock79,576-221,838145,542241,32445,16187,314108,98222,39193,1781446,196-48,67733,8346,281138,215
Debtors331,231609,192491,644-90,810-3,141117,940459-254,394200,97099,674356,72460,90575,874236,2481,015,122
Creditors62,374-207,116-17,478158,375-66,92978,25957,42936,811-1,103,758-23,104260,046-61,51995,141219,676876,040
Accruals and Deferred Income2,991-157,492222,81069,525-51,156-11,25661,5435,485175,930000000
Deferred Taxes & Provisions-2,1342,3974,512-5,6705,34612,163145-1,15442,052-346-934-9661,103-1121,255
Cash flow from operations91,519989,948289,052471,280122,101316,880527,297263,700-1,251,14919,79832,51412,35214,25728,57422,972
Investing Activities
capital expenditure-36,576-91,579-14,154-23,651-40,482-185,299-58,192-121,181-267,279-593-54,819-35,394-13,489-18,840-69,729
Change in Investments000000000000000
cash flow from investments-36,576-91,579-14,154-23,651-40,482-185,299-58,192-121,181-267,279-593-54,819-35,394-13,489-18,840-69,729
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-28,23927,864-275,555-447,380-52,424-83,938-356,274-153,8051,372,912000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000-189,67811,285178,393000000
other long term liabilities0000-29,199-47,64776,8460-32,592-19,20622,30423,041-769-9,73516,957
share issue0000000000000030,000
interest51,55216,5010144112111111
cash flow from financing23,31344,365-275,555-447,379-81,619-131,581-469,105-142,5191,518,715-19,20522,30523,042-768-9,73446,958
cash and cash equivalents
cash78,256942,734-657250000028700000200
overdraft000000000000000
change in cash78,256942,734-657250000028700000200

rainbow blinds and fabrics 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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Rainbow Blinds And Fabrics Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rainbow blinds and fabrics limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in ML2 area or any other competitors across 12 key performance metrics.

rainbow blinds and fabrics limited Ownership

RAINBOW BLINDS AND FABRICS LIMITED group structure

Rainbow Blinds And Fabrics Limited has no subsidiary companies.

Ultimate parent company

2 parents

RAINBOW BLINDS AND FABRICS LIMITED

SC191505

RAINBOW BLINDS AND FABRICS LIMITED Shareholders

g c group ltd 100%

rainbow blinds and fabrics limited directors

Rainbow Blinds And Fabrics Limited currently has 5 directors. The longest serving directors include Mr Alexander Blaney (Jun 2005) and Mrs Morag Blaney (Jun 2005).

officercountryagestartendrole
Mr Alexander Blaney61 years Jun 2005- Director
Mrs Morag BlaneyEngland62 years Jun 2005- Director
Mrs Margaret Patrick62 years Dec 2008- Director
Mr Lewis BlaneyScotland30 years Jan 2019- Director
Mr Cameron BlaneyScotland28 years Jan 2020- Director

P&L

December 2023

turnover

4.2m

+12%

operating profit

517k

0%

gross margin

33.1%

+7.06%

turnover

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

Balance Sheet

December 2023

net assets

4.6m

+0.1%

total assets

5.3m

+0.1%

cash

1m

+0.08%

net assets

Total assets minus all liabilities

rainbow blinds and fabrics limited company details

company number

SC191505

Type

Private limited with Share Capital

industry

13921 - Manufacture of soft furnishings

incorporation date

November 1998

age

26

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

SUMER AUDITCO LIMITED

auditor

-

address

61 canyon road, netherton industrial estate, wishaw, lanarkshire, ML2 0EG

Bank

-

Legal Advisor

-

rainbow blinds and fabrics 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 1 charges/mortgages relating to rainbow blinds and fabrics limited. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

rainbow blinds and fabrics limited Companies House Filings - See Documents

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