ridgeway properties (enfield) limited

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ridgeway properties (enfield) limited Company Information

Share RIDGEWAY PROPERTIES (ENFIELD) LIMITED

Company Number

00608366

Shareholders

dobson discretionary trust

susan elizabeth dobson

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

deneway house, 88 - 94 darkes lane, potters bar, hertfordshire, EN6 1AQ

Website

-

ridgeway properties (enfield) limited Estimated Valuation

£948.7k

Pomanda estimates the enterprise value of RIDGEWAY PROPERTIES (ENFIELD) LIMITED at £948.7k based on a Turnover of £385.5k and 2.46x industry multiple (adjusted for size and gross margin).

ridgeway properties (enfield) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RIDGEWAY PROPERTIES (ENFIELD) LIMITED at £0 based on an EBITDA of £-21.6k and a 4.94x industry multiple (adjusted for size and gross margin).

ridgeway properties (enfield) limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of RIDGEWAY PROPERTIES (ENFIELD) LIMITED at £4.6m based on Net Assets of £2.6m and 1.76x industry multiple (adjusted for liquidity).

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Ridgeway Properties (enfield) Limited Overview

Ridgeway Properties (enfield) Limited is a live company located in potters bar, EN6 1AQ with a Companies House number of 00608366. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 1958, it's largest shareholder is dobson discretionary trust with a 26.7% stake. Ridgeway Properties (enfield) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £385.5k with rapid growth in recent years.

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Ridgeway Properties (enfield) Limited Health Check

Pomanda's financial health check has awarded Ridgeway Properties (Enfield) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £385.5k, make it smaller than the average company (£923.6k)

£385.5k - Ridgeway Properties (enfield) Limited

£923.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 76%, show it is growing at a faster rate (4.9%)

76% - Ridgeway Properties (enfield) Limited

4.9% - Industry AVG

production

Production

with a gross margin of 34.6%, this company has a higher cost of product (75.5%)

34.6% - Ridgeway Properties (enfield) Limited

75.5% - Industry AVG

profitability

Profitability

an operating margin of -5.6% make it less profitable than the average company (29.3%)

-5.6% - Ridgeway Properties (enfield) Limited

29.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Ridgeway Properties (enfield) Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)

£32.4k - Ridgeway Properties (enfield) Limited

£32.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £192.7k, this is equally as efficient (£177.3k)

£192.7k - Ridgeway Properties (enfield) Limited

£177.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 109 days, this is later than average (30 days)

109 days - Ridgeway Properties (enfield) Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 69 days, this is slower than average (38 days)

69 days - Ridgeway Properties (enfield) Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ridgeway Properties (enfield) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ridgeway Properties (enfield) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2%, this is a lower level of debt than the average (64%)

2% - Ridgeway Properties (enfield) Limited

64% - Industry AVG

RIDGEWAY PROPERTIES (ENFIELD) LIMITED financials

EXPORTms excel logo

Ridgeway Properties (Enfield) Limited's latest turnover from March 2024 is estimated at £385.5 thousand and the company has net assets of £2.6 million. According to their latest financial statements, Ridgeway Properties (Enfield) Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover385,500429,142483,24971,06966,84245,93844,39312,8649,35032,95232,06731,80450,058157,249162,528
Other Income Or Grants
Cost Of Sales252,169286,143326,08746,93344,68630,95529,4608,2606,25323,20722,54522,59735,599110,976
Gross Profit133,331142,999157,16224,13622,15514,98314,9334,6043,0979,7459,5229,20714,45946,273162,528
Admin Expenses154,94374,148-2,567,861-2112,4227,0205,281-9,339-14,831-1,845-5,325-20,499-14,46913,62237,900
Operating Profit-21,61268,8512,725,02324,1579,7337,9639,65213,94317,92811,59014,84729,70628,92832,651124,628
Interest Payable1273434585074882,0402,3143,3413,341
Interest Receivable302747671349821639339039733826519265
Pre-Tax Profit-21,61268,8512,725,19923,8889,3518,1699,66213,92518,3218,63911,90430,04329,19332,843119,363
Tax-13,082-517,788-4,539-1,777-1,552-1,836-2,785-3,664-1,814-2,738-7,210-7,590-9,196-25,829
Profit After Tax-21,61255,7692,207,41119,3497,5746,6177,82611,14014,6576,8259,16622,83321,60323,64793,534
Dividends Paid75,000
Retained Profit-21,61255,7692,207,41119,3497,5746,6177,82611,14014,6576,8259,16622,83321,60323,64718,534
Employee Costs64,78660,74759,00053,66954,65053,99852,01325,57126,24326,00024,78723,98023,93723,38124,821
Number Of Employees222222211111111
EBITDA*-21,61268,8512,731,57930,57917,43815,73315,18919,25822,91215,97218,94633,37332,37135,421127,254

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets2,558,6042,562,7692,563,59431,08437,5062,572,0582,560,0662,558,3312,557,7552,554,4382,553,4372,550,0852,886,0692,883,9532,883,363
Intangible Assets
Investments & Other2,535,0002,535,000
Debtors (Due After 1 year)8,31412,82813,36313,42113,55316,18019,13021,21722,82330,123
Total Fixed Assets2,558,6042,562,7692,563,5942,574,3982,585,3342,585,4212,573,4872,571,8842,573,9352,573,5682,574,6542,572,9082,916,1922,883,9532,883,363
Stock & work in progress
Trade Debtors115,752145,936137,5719,2156,5991,0341,3112,1641,5675,2913,5175,8118,02236,83335,574
Group Debtors
Misc Debtors3,1222,8272,6305,5262,6212,0092,0174,3944,657
Cash80,60567,70483,983106,14892,91980,20677,03078,93380,01555,06251,03225,932
misc current assets1,3522,9543,975
total current assets118,874148,763140,20195,34676,92487,026109,47699,47786,43082,32182,45087,17863,08490,81965,481
total assets2,677,4782,711,5322,703,7952,669,7442,662,2582,672,4472,682,9632,671,3612,660,3652,655,8892,657,1042,660,0862,979,2762,974,7722,948,844
Bank overdraft
Bank loan
Trade Creditors 48,32460,31179,55555,17224,56157,92926,97425,446
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities60,55846,21455,01361,38954,76054,51055,551
total current liabilities48,32460,31179,55560,55846,21455,01361,38954,76054,51055,55155,17224,56157,92926,97425,446
loans3,7507,5007,5127,5087,500102,785
hp & lease commitments
Accruals and Deferred Income1,8781,54230,17335,44335,42326,930
other liabilities53,28674,14883,19096,50899,751107,803117,65923,556134,405143,401156,586164,608
provisions4,4855,2765,4335,9067,5017,4114,8544,4724,3143,5983,3352,5872,6892,1351,853
total long term liabilities6,3636,81835,60662,94289,14998,113108,870111,723112,117121,257129,676172,435146,090194,144193,391
total liabilities54,68767,129115,161123,500135,363153,126170,259166,483166,627176,808184,848196,996204,019221,118218,837
net assets2,622,7912,644,4032,588,6342,546,2442,526,8952,519,3212,512,7042,504,8782,493,7382,479,0812,472,2562,463,0902,775,2572,753,6542,730,007
total shareholders funds2,622,7912,644,4032,588,6342,546,2442,526,8952,519,3212,512,7042,504,8782,493,7382,479,0812,472,2562,463,0902,775,2572,753,6542,730,007
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-21,61268,8512,725,02324,1579,7337,9639,65213,94317,92811,59014,84729,70628,92832,651124,628
Depreciation6,5566,4227,7057,7705,5375,3154,9844,3824,0993,6673,4432,7702,626
Amortisation
Tax-13,082-517,788-4,539-1,777-1,552-1,836-2,785-3,664-1,814-2,738-7,210-7,590-9,196-25,829
Stock
Debtors-29,8898,562117,1461,0075,642-343-3,362-2,293-2,017-313-3,900-9,5111,3121,25935,574
Creditors-11,987-19,24479,555-55,17230,611-33,36830,9551,52825,446
Accruals and Deferred Income336-28,631-30,38514,344-8,799-6,3766,629250-1,04155,551-35,44335,443-35,4238,49326,930
Deferred Taxes & Provisions-791-157-473-1,595902,557382158716263748-1025542821,853
Cash flow from operations-4,165-8252,145,34237,7821,31010,70523,72619,17420,94015,11316,02437,64719,55535,269120,080
Investing Activities
capital expenditure4,165825-2,539,0662,526,847-19,762-7,272-5,891-8,301-5,383-7,451332,317-5,559-3,360-2,885,989
Change in Investments-2,535,0002,535,000
cash flow from investments4,165825-4,066-8,153-19,762-7,272-5,891-8,301-5,383-7,451332,317-5,559-3,360-2,885,989
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-3,750-3,750-12487,500-102,785102,785
Hire Purchase and Lease Commitments
other long term liabilities-53,286-20,862-9,042-13,318-3,243-8,052-9,85694,103-110,849-8,996-13,185-8,022164,608
share issue-2,165,021-335,0002,711,473
interest175-269-38220610-1,824-1,921-2,951-2,94433826519265
cash flow from financing-2,221,882-24,881-9,436-13,108-3,225-2,376-11,777-11,633-11,008-343,658-12,920-7,8302,876,146
cash and cash equivalents
cash-80,60512,901-16,279-22,16513,22912,7133,176-1,903-1,08224,9534,03025,10025,932
overdraft
change in cash-80,60512,901-16,279-22,16513,22912,7133,176-1,903-1,08224,9534,03025,10025,932

ridgeway properties (enfield) 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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Ridgeway Properties (enfield) Limited Competitor Analysis

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Perform a competitor analysis for ridgeway properties (enfield) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EN6 area or any other competitors across 12 key performance metrics.

ridgeway properties (enfield) limited Ownership

RIDGEWAY PROPERTIES (ENFIELD) LIMITED group structure

Ridgeway Properties (Enfield) Limited has no subsidiary companies.

Ultimate parent company

RIDGEWAY PROPERTIES (ENFIELD) LIMITED

00608366

RIDGEWAY PROPERTIES (ENFIELD) LIMITED Shareholders

dobson discretionary trust 26.67%
susan elizabeth dobson 26.11%
jocelyn anne dobson 26.11%
c.a. dobson 21.11%

ridgeway properties (enfield) limited directors

Ridgeway Properties (Enfield) Limited currently has 4 directors. The longest serving directors include Mrs Susan Dobson (May 2020) and Mr Christopher Dobson (Feb 2022).

officercountryagestartendrole
Mrs Susan DobsonEngland67 years May 2020- Director
Mr Christopher Dobson43 years Feb 2022- Director
Mr Mark DobsonEngland41 years Feb 2022- Director
Mr Paul DobsonEngland35 years Feb 2022- Director

P&L

March 2024

turnover

385.5k

-10%

operating profit

-21.6k

0%

gross margin

34.6%

+3.79%

turnover

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

Balance Sheet

March 2024

net assets

2.6m

-0.01%

total assets

2.7m

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

ridgeway properties (enfield) limited company details

company number

00608366

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

July 1958

age

67

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

HELEN NICOLAS ACCOUNTING SOLUTIONS LTD

auditor

-

address

deneway house, 88 - 94 darkes lane, potters bar, hertfordshire, EN6 1AQ

Bank

-

Legal Advisor

-

ridgeway properties (enfield) 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 ridgeway properties (enfield) limited. Currently there are 1 open charges and 0 have been satisfied in the past.

ridgeway properties (enfield) 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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ridgeway properties (enfield) limited Companies House Filings - See Documents

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