
Company Number
00838920
Next Accounts
27 days late
Directors
Shareholders
trustee of hilary phyllis olsberg & trustees of rosalyn halpern & trustee of gella klein & trustee of vivienne lewin
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
5 park hill, bury old road, manchester, prestwich, M25 0FX
Website
-Pomanda estimates the enterprise value of RAINWISE HOLDINGS LIMITED at £198.4k based on a Turnover of £94.8k and 2.09x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of RAINWISE HOLDINGS LIMITED at £0 based on an EBITDA of £-583 and a 4.49x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of RAINWISE HOLDINGS LIMITED at £0 based on Net Assets of £-96.3k and 1.58x industry multiple (adjusted for liquidity).
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Rainwise Holdings Limited is a live company located in manchester, M25 0FX with a Companies House number of 00838920. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 1965, it's largest shareholder is trustee of hilary phyllis olsberg & trustees of rosalyn halpern & trustee of gella klein & trustee of vivienne lewin with a 100% stake. Rainwise Holdings Limited is a mature, micro sized company, Pomanda has estimated its turnover at £94.8k with declining growth in recent years.
Pomanda's financial health check has awarded Rainwise Holdings Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £94.8k, make it smaller than the average company (£817k)
- Rainwise Holdings Limited
£817k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (2.4%)
- Rainwise Holdings Limited
2.4% - Industry AVG
Production
with a gross margin of 27.6%, this company has a higher cost of product (71.1%)
- Rainwise Holdings Limited
71.1% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (29%)
- Rainwise Holdings Limited
29% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Rainwise Holdings Limited
4 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)
- Rainwise Holdings Limited
£35.6k - Industry AVG
Efficiency
resulting in sales per employee of £47.4k, this is less efficient (£177.8k)
- Rainwise Holdings Limited
£177.8k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (25 days)
- Rainwise Holdings Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 572 days, this is slower than average (32 days)
- Rainwise Holdings Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rainwise Holdings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rainwise Holdings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 882.2%, this is a higher level of debt than the average (63.2%)
882.2% - Rainwise Holdings Limited
63.2% - Industry AVG
Rainwise Holdings Limited's latest turnover from June 2023 is estimated at £94.8 thousand and the company has net assets of -£96.3 thousand. According to their latest financial statements, Rainwise Holdings Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 2 | 2 | 2 | 2 | 2 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 45 | 65 | 90 | 120 | 155 | 195 | 240 | 290 | 380 | 475 | 600 | |||
Intangible Assets | ||||||||||||||
Investments & Other | ||||||||||||||
Debtors (Due After 1 year) | ||||||||||||||
Total Fixed Assets | 45 | 65 | 90 | 120 | 155 | 195 | 240 | 290 | 380 | 475 | 600 | |||
Stock & work in progress | 3,375 | 5,769 | 5,769 | 5,769 | 142,247 | 144,350 | 144,350 | |||||||
Trade Debtors | 12,311 | 12,311 | 34,377 | 36,203 | 36,204 | 38,777 | 35,402 | 33,646 | 62,344 | 64,769 | 122,730 | 76,605 | 80,521 | |
Group Debtors | ||||||||||||||
Misc Debtors | 254 | 254 | ||||||||||||
Cash | 297 | 270 | 1,464 | 1,564 | 880 | 10,261 | ||||||||
misc current assets | 254 | 254 | ||||||||||||
total current assets | 12,311 | 12,311 | 254 | 34,631 | 36,457 | 36,458 | 38,777 | 39,074 | 39,685 | 69,577 | 72,102 | 265,857 | 220,955 | 235,132 |
total assets | 12,311 | 12,311 | 254 | 34,676 | 36,522 | 36,548 | 38,897 | 39,229 | 39,880 | 69,817 | 72,392 | 266,237 | 221,430 | 235,732 |
Bank overdraft | 5,337 | |||||||||||||
Bank loan | ||||||||||||||
Trade Creditors | 107,698 | 106,151 | 56,355 | 144,058 | 143,029 | 142,005 | 143,931 | 142,496 | 139,625 | 167,420 | 168,963 | 222,944 | 199,849 | 238,988 |
Group/Directors Accounts | ||||||||||||||
other short term finances | ||||||||||||||
hp & lease commitments | ||||||||||||||
other current liabilities | 38,039 | |||||||||||||
total current liabilities | 107,698 | 106,151 | 94,394 | 144,058 | 143,029 | 142,005 | 143,931 | 142,496 | 139,625 | 167,420 | 168,963 | 222,944 | 205,186 | 238,988 |
loans | ||||||||||||||
hp & lease commitments | ||||||||||||||
Accruals and Deferred Income | 910 | 1,874 | 1,057 | 480 | 1,723 | |||||||||
other liabilities | ||||||||||||||
provisions | ||||||||||||||
total long term liabilities | 910 | 1,874 | 1,057 | 480 | 1,723 | 1,176 | ||||||||
total liabilities | 108,608 | 108,025 | 95,451 | 144,538 | 144,752 | 143,181 | 143,931 | 142,496 | 139,625 | 167,420 | 168,963 | 222,944 | 205,186 | 238,988 |
net assets | -96,297 | -95,714 | -95,197 | -109,862 | -108,230 | -106,633 | -105,034 | -103,267 | -99,745 | -97,603 | -96,571 | 43,293 | 16,244 | -3,256 |
total shareholders funds | -96,297 | -95,714 | -95,197 | -109,862 | -108,230 | -106,633 | -105,034 | -103,267 | -99,745 | -97,603 | -96,571 | 43,293 | 16,244 | -3,256 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 40 | 45 | 50 | 90 | 95 | 125 | 150 | |||||||
Amortisation | ||||||||||||||
Tax | ||||||||||||||
Stock | -3,375 | -2,394 | -136,478 | -2,103 | 144,350 | |||||||||
Debtors | 12,057 | -34,377 | -1,572 | -254 | -2,320 | 3,375 | 1,756 | -28,698 | -2,425 | -57,961 | 46,125 | -3,916 | 80,521 | |
Creditors | 1,547 | 49,796 | -87,703 | 1,029 | 1,024 | -1,926 | 1,435 | 2,871 | -27,795 | -1,543 | -53,981 | 23,095 | -39,139 | 238,988 |
Accruals and Deferred Income | -964 | -37,222 | 38,616 | -1,243 | 1,723 | |||||||||
Deferred Taxes & Provisions | ||||||||||||||
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | ||||||||||||||
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 | -297 | 27 | -1,194 | -100 | 684 | 880 | -10,261 | 10,261 | ||||||
overdraft | -5,337 | 5,337 | ||||||||||||
change in cash | -297 | 27 | -1,194 | -100 | 684 | 6,217 | -15,598 | 10,261 |
Perform a competitor analysis for rainwise holdings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M25 area or any other competitors across 12 key performance metrics.
RAINWISE HOLDINGS LIMITED group structure
Rainwise Holdings Limited has no subsidiary companies.
Ultimate parent company
RAINWISE HOLDINGS LIMITED
00838920
Rainwise Holdings Limited currently has 1 director, Mr Jacob Halpern serving since Nov 2011.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jacob Halpern | England | 60 years | Nov 2011 | - | Director |
P&L
June 2023turnover
94.8k
+3%
operating profit
-583
0%
gross margin
27.6%
-1.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-96.3k
+0.01%
total assets
12.3k
0%
cash
0
0%
net assets
Total assets minus all liabilities
company number
00838920
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
February 1965
age
60
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
5 park hill, bury old road, manchester, prestwich, M25 0FX
Bank
BANK OF AMERICA
Legal Advisor
-
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 4 charges/mortgages relating to rainwise holdings limited. Currently there are 4 open charges and 0 have been satisfied in the past.
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 RAINWISE HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
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