rignet mobile solutions limitedEstimated Valuation
£5.4m
Pomanda estimates the enterprise value of RIGNET MOBILE SOLUTIONS LIMITED at £5.4m based on a Turnover of £5.7m and 0.95x industry multiple (adjusted for size and gross margin).
rignet mobile solutions limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of RIGNET MOBILE SOLUTIONS LIMITED at £0 based on an EBITDA of £-41.6k and a 3.7x industry multiple (adjusted for size and gross margin).
rignet mobile solutions limitedEstimated Valuation
£20.9m
Pomanda estimates the enterprise value of RIGNET MOBILE SOLUTIONS LIMITED at £20.9m based on Net Assets of £8.4m and 2.47x industry multiple (adjusted for liquidity).
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Rignet Mobile Solutions LimitedOverview
Rignet Mobile Solutions Limited is a live company located in westhill, AB32 6FG with a Companies House number of SC465225. It operates in the wired telecommunications activities sector, SIC Code 61100. Founded in December 2013, it's largest shareholder is
rignet uk holdings ltd
with a 100% stake. Rignet Mobile Solutions Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£5.7m with
declining
growth in recent years.
Pomanda's financial health check has awarded Rignet Mobile Solutions Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
0 Strong
5 Regular
5 Weak
Size
annual sales of £5.7m, make it smaller than the average company (£8.5m)
£5.7m - Rignet Mobile Solutions Limited
£8.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (5.2%)
-12% - Rignet Mobile Solutions Limited
5.2% - Industry AVG
Production
with a gross margin of 32.2%, this company has a comparable cost of product (36.7%)
32.2% - Rignet Mobile Solutions Limited
36.7% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (3.5%)
-0.8% - Rignet Mobile Solutions Limited
3.5% - Industry AVG
Employees
with 28 employees, this is below the industry average (41)
28 - Rignet Mobile Solutions Limited
41 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Rignet Mobile Solutions Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £202.9k, this is equally as efficient (£220.6k)
£202.9k - Rignet Mobile Solutions Limited
£220.6k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (46 days)
47 days - Rignet Mobile Solutions Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (46 days)
43 days - Rignet Mobile Solutions Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rignet Mobile Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Rignet Mobile Solutions Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.1%, this is a similar level of debt than the average (65.8%)
60.1% - Rignet Mobile Solutions Limited
65.8% - Industry AVG
RIGNET MOBILE SOLUTIONS LIMITED financials
EXPORT
Rignet Mobile Solutions Limited's latest turnover from March 2024 is £5.7 million and the company has net assets of £8.4 million. According to their latest financial statements, we estimate that Rignet Mobile Solutions Limited has 28 employees and maintains cash reserves of £115.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Turnover
5,681,419
7,282,674
8,465,254
7,957,838
7,907,668
8,751,514
6,114,562
6,048,266
5,984,942
5,172,456
Other Income Or Grants
Cost Of Sales
3,852,919
4,834,301
5,990,598
5,979,778
5,630,293
6,278,418
5,121,966
5,128,299
5,106,969
3,793,449
Gross Profit
1,828,500
2,448,373
2,474,656
1,978,060
2,277,375
2,473,096
992,596
919,967
877,973
1,379,007
Admin Expenses
1,876,861
2,106,050
1,407,826
1,057,337
807,205
655,884
276,843
269,275
282,430
248,611
Operating Profit
-48,361
342,323
1,066,830
920,723
1,470,170
1,817,212
715,753
650,692
595,543
1,130,396
Interest Payable
Interest Receivable
131
162
2
Pre-Tax Profit
-17,179
350,479
876,533
920,723
1,470,302
1,817,375
715,757
650,692
595,543
888,497
Tax
-24,412
-70,750
-12,060
-42,070
-10,903
-2,017
-11,215
4,086
-34,541
4,516
Profit After Tax
-41,591
279,729
864,473
878,653
1,459,399
1,815,358
704,541
654,778
561,002
893,013
Dividends Paid
1,724,937
2,058,796
Retained Profit
-41,591
279,729
864,473
878,653
-265,537
-243,438
704,541
654,778
561,002
893,013
Employee Costs
Number Of Employees
28
38
2
6
6
6
6
29
26
21
EBITDA*
-41,602
393,612
1,119,782
1,038,874
1,515,414
1,835,273
715,753
650,692
595,543
1,130,396
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Tangible Assets
2,097
8,856
61,081
102,287
190,516
188,338
Intangible Assets
Investments & Other
1
1
1
1
Debtors (Due After 1 year)
3,640
3,640
4,028
4,028
3,855
3,960
4,516
Total Fixed Assets
2,098
8,857
61,081
105,928
194,156
192,367
4,029
3,856
3,961
4,516
Stock & work in progress
Trade Debtors
733,736
494,963
923,752
609,723
575,333
619,450
129,707
162,185
131,845
603,449
Group Debtors
20,283,855
13,102,236
9,630,418
5,964,929
12,355,108
5,515,011
8,239,121
8,282,139
6,568,775
1,645,649
Misc Debtors
51,914
133,839
147,673
1,605,154
1,563,612
1,347,512
509,609
487,728
105,609
Cash
115,742
142,180
160,794
175,527
94,168
1,031,638
253,319
misc current assets
total current assets
21,185,248
13,873,219
10,862,638
8,355,333
14,588,221
8,513,613
9,131,756
8,932,052
6,806,231
2,249,098
total assets
21,187,345
13,882,075
10,923,719
8,461,261
14,782,378
8,705,980
9,135,785
8,935,908
6,810,192
2,253,615
Bank overdraft
Bank loan
Trade Creditors
457,492
639,656
783,224
372,760
163,248
4
56,947
27,071
Group/Directors Accounts
11,959,940
4,553,992
1,742,623
99,847
7,428,860
559,927
990,306
5,657,995
4,345,013
359,624
other short term finances
hp & lease commitments
other current liabilities
320,755
197,679
58,970
1,251,733
1,332,002
1,372,629
1,103,690
1,120,965
1,034,078
1,000,976
total current liabilities
12,738,188
5,391,328
2,584,818
1,724,340
8,924,110
1,932,560
2,150,944
6,806,032
5,379,092
1,360,600
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
32,387
32,387
32,017
total long term liabilities
32,388
32,388
32,017
total liabilities
12,738,188
5,391,328
2,584,818
1,756,728
8,956,498
1,964,577
2,150,944
6,806,032
5,379,092
1,360,600
net assets
8,449,157
8,490,748
8,338,902
6,704,533
5,825,880
6,741,403
6,984,841
2,129,877
1,431,100
893,015
total shareholders funds
8,449,157
8,490,748
8,338,902
6,704,533
5,825,880
6,741,403
6,984,841
2,129,877
1,431,100
893,015
Mar 2024
Mar 2023
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Operating Activities
Operating Profit
-48,361
342,323
1,066,830
920,723
1,470,170
1,817,212
715,753
650,692
595,543
1,130,396
Depreciation
6,759
51,289
52,952
118,151
45,244
18,061
Amortisation
Tax
-24,412
-70,750
-12,060
-42,070
-10,903
-2,017
-11,215
4,086
-34,541
4,516
Stock
Debtors
7,338,466
13,731,039
2,518,397
-6,314,247
7,011,691
-1,396,463
-53,442
2,125,716
4,556,577
2,253,614
Creditors
-182,164
639,656
410,464
209,512
163,244
-56,943
29,876
27,071
Accruals and Deferred Income
123,076
197,679
-1,192,763
-80,269
-40,627
268,939
-17,275
86,887
33,102
1,000,976
Deferred Taxes & Provisions
-32,387
370
32,017
Cash flow from operations
-7,463,568
-12,570,842
-2,225,361
7,440,294
-5,384,193
3,473,732
770,581
-1,356,980
-3,962,473
-117,726
Investing Activities
capital expenditure
-60,145
-11,746
-29,922
-47,422
-206,399
Change in Investments
1
cash flow from investments
-60,145
-11,746
-29,922
-47,422
-206,399
-1
Financing Activities
Bank loans
Group/Directors Accounts
7,405,948
4,553,992
1,642,777
-7,329,013
6,868,933
-430,379
-4,667,689
1,312,982
3,985,390
359,624
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
8,211,019
769,896
-649,986
4,150,423
43,998
-22,917
2
interest
131
162
2
cash flow from financing
7,405,948
12,765,011
2,412,673
-7,329,013
6,219,078
-430,217
-517,264
1,356,980
3,962,473
359,626
cash and cash equivalents
cash
-26,438
142,180
-14,733
81,359
-937,470
778,319
253,319
overdraft
change in cash
-26,438
142,180
-14,733
81,359
-937,470
778,319
253,319
rignet mobile solutions limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for rignet mobile solutions limited. Get real-time insights into rignet mobile solutions limited's credit score, group structure and payment trends.
Rignet Mobile Solutions Limited Competitor Analysis
Perform a competitor analysis for rignet mobile solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in AB32 area or any other competitors across 12 key performance metrics.
rignet mobile solutions limited Ownership
RIGNET MOBILE SOLUTIONS LIMITED group structure
Rignet Mobile Solutions Limited has no subsidiary companies.
The sole shareholder of Rignet Mobile Solutions Limited is Rignet Uk Holdings Ltd.
rignet uk holdings ltd
100%
rignet mobile solutions limited directors
Rignet Mobile Solutions Limited currently has 4 directors.
The longest serving directors include
Mr Robert Blair (Nov 2021) and
Mr Robert Blair (Nov 2021).
nessco house discovery drive, arnhall business park, westhill, aberdeenshire, AB32 6FG
Bank
-
Legal Advisor
-
rignet mobile solutions 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 rignet mobile solutions limited.
rignet mobile solutions 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 RIGNET MOBILE SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
rignet mobile solutions limitedCompanies House Filings - See Documents
