ritagate limited Company Information
Company Number
01562914
Next Accounts
Mar 2026
Shareholders
nunan properties limited
Group Structure
View All
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
99 london street, reading, berks, RG1 4QA
Website
http://braymarkets.comritagate limited Estimated Valuation
Pomanda estimates the enterprise value of RITAGATE LIMITED at £987k based on a Turnover of £302.2k and 3.27x industry multiple (adjusted for size and gross margin).
ritagate limited Estimated Valuation
Pomanda estimates the enterprise value of RITAGATE LIMITED at £332k based on an EBITDA of £50.6k and a 6.56x industry multiple (adjusted for size and gross margin).
ritagate limited Estimated Valuation
Pomanda estimates the enterprise value of RITAGATE LIMITED at £617.7k based on Net Assets of £350.2k and 1.76x industry multiple (adjusted for liquidity).
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Ritagate Limited Overview
Ritagate Limited is a live company located in berks, RG1 4QA with a Companies House number of 01562914. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 1981, it's largest shareholder is nunan properties limited with a 100% stake. Ritagate Limited is a mature, micro sized company, Pomanda has estimated its turnover at £302.2k with healthy growth in recent years.
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Ritagate Limited Health Check
Pomanda's financial health check has awarded Ritagate Limited a 3.5 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
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3 Strong
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3 Regular
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5 Weak
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Size
annual sales of £302.2k, make it smaller than the average company (£982.2k)
- Ritagate Limited
£982.2k - Industry AVG
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Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (5.7%)
- Ritagate Limited
5.7% - Industry AVG
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Production
with a gross margin of 72.8%, this company has a comparable cost of product (72.8%)
- Ritagate Limited
72.8% - Industry AVG
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Profitability
an operating margin of 15.2% make it less profitable than the average company (27.9%)
- Ritagate Limited
27.9% - Industry AVG
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Employees
with 3 employees, this is below the industry average (4)
3 - Ritagate Limited
4 - Industry AVG
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Pay Structure
on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)
- Ritagate Limited
£33.8k - Industry AVG
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Efficiency
resulting in sales per employee of £100.7k, this is less efficient (£193.6k)
- Ritagate Limited
£193.6k - Industry AVG
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Debtor Days
it gets paid by customers after 28 days, this is near the average (31 days)
- Ritagate Limited
31 days - Industry AVG
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Creditor Days
its suppliers are paid after 20 days, this is quicker than average (37 days)
- Ritagate Limited
37 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ritagate Limited
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 322 weeks, this is more cash available to meet short term requirements (10 weeks)
322 weeks - Ritagate Limited
10 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 12.6%, this is a lower level of debt than the average (68.5%)
12.6% - Ritagate Limited
68.5% - Industry AVG
RITAGATE LIMITED financials
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Ritagate Limited's latest turnover from June 2024 is estimated at £302.2 thousand and the company has net assets of £350.2 thousand. According to their latest financial statements, Ritagate Limited has 3 employees and maintains cash reserves of £240.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2024 | 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 | 2,847,516 | ||||||||||||||
Other Income Or Grants | 0 | ||||||||||||||
Cost Of Sales | 2,464,961 | ||||||||||||||
Gross Profit | 382,555 | ||||||||||||||
Admin Expenses | 273,314 | ||||||||||||||
Operating Profit | 109,241 | ||||||||||||||
Interest Payable | 14,749 | ||||||||||||||
Interest Receivable | 0 | ||||||||||||||
Pre-Tax Profit | 94,492 | ||||||||||||||
Tax | -16,523 | ||||||||||||||
Profit After Tax | 77,969 | ||||||||||||||
Dividends Paid | 200,000 | ||||||||||||||
Retained Profit | -122,031 | ||||||||||||||
Employee Costs | 144,408 | ||||||||||||||
Number Of Employees | 3 | 3 | 3 | 3 | 4 | 4 | 6 | 6 | 6 | 5 | |||||
EBITDA* | 121,926 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024 | 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 | 13,848 | 18,464 | 18,265 | 21,354 | 14,078 | 21,771 | 352,418 | 355,257 | 350,913 | 355,744 | 363,059 | 368,901 | 374,852 | 374,878 | 371,852 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 106,620 | 116,620 | 144,776 | 197,457 | 197,457 | 197,457 | 197,457 | 245,347 | 322,471 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 120,468 | 135,084 | 163,041 | 218,811 | 211,535 | 219,228 | 549,875 | 600,604 | 673,384 | 355,744 | 363,059 | 368,901 | 374,852 | 374,878 | 371,852 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 23,394 | 1,945 | 15,369 | 16,559 | 34,340 | 33,418 | 0 | 0 | 0 | 0 | 32,775 | 35,532 | 34,892 | 10,008 | 45,363 |
Group Debtors | 174 | 12,174 | 12,174 | 12,174 | 17,083 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 16,137 | 3,489 | 0 | 0 | 0 | 10,620 | 23,140 | 24,027 | 281,248 | 505,290 | 428,799 | 447,226 | 689,711 | 585,544 | 699,730 |
Cash | 240,575 | 207,947 | 727,649 | 437,261 | 459,646 | 680,862 | 970,952 | 949,943 | 643,464 | 649,770 | 495,498 | 607,581 | 556,268 | 643,393 | 368,816 |
misc current assets | 0 | 0 | 0 | 4,383 | 0 | 0 | 0 | 0 | 0 | 0 | 274,177 | 274,177 | 274,177 | 274,177 | 274,177 |
total current assets | 280,280 | 225,555 | 755,192 | 470,377 | 511,069 | 724,900 | 994,092 | 973,970 | 924,712 | 1,155,060 | 1,231,249 | 1,364,516 | 1,555,048 | 1,513,122 | 1,388,086 |
total assets | 400,748 | 360,639 | 918,233 | 689,188 | 722,604 | 944,128 | 1,543,967 | 1,574,574 | 1,598,096 | 1,510,804 | 1,594,308 | 1,733,417 | 1,929,900 | 1,888,000 | 1,759,938 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54,997 | 0 | 16,569 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 4,572 | 8,089 | 43,402 | 1,500 | 16,147 | 0 | 0 | 0 | 0 | 75,000 | 0 | 7,352 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 12,891 | 10,071 | 2,960 | 2,917 | 0 | 11,860 | 34,564 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 34,235 | 33,946 | 54,472 | 19,643 | 27,672 | 38,219 | 24,132 | 57,567 | 115,107 | 52,243 | 98,807 | 132,179 | 261,547 | 234,537 | 202,811 |
total current liabilities | 38,807 | 42,035 | 110,765 | 31,214 | 46,779 | 41,136 | 24,132 | 69,427 | 149,671 | 127,243 | 98,807 | 139,531 | 316,544 | 234,537 | 219,380 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 11,787 | 11,787 | 11,787 | 11,787 | 17,227 | 17,227 | 17,227 | 17,227 | 17,227 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 11,787 | 11,787 | 11,787 | 11,787 | 17,227 | 17,227 | 17,227 | 17,227 | 17,227 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 50,594 | 53,822 | 122,552 | 43,001 | 64,006 | 58,363 | 41,359 | 86,654 | 166,898 | 127,243 | 98,807 | 139,531 | 316,544 | 234,537 | 219,380 |
net assets | 350,154 | 306,817 | 795,681 | 646,187 | 658,598 | 885,765 | 1,502,608 | 1,487,920 | 1,431,198 | 1,383,561 | 1,495,501 | 1,593,886 | 1,613,356 | 1,653,463 | 1,540,558 |
total shareholders funds | 350,154 | 306,817 | 795,681 | 646,187 | 658,598 | 885,765 | 1,502,608 | 1,487,920 | 1,431,198 | 1,383,561 | 1,495,501 | 1,593,886 | 1,613,356 | 1,653,463 | 1,540,558 |
Jun 2024 | 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 | 109,241 | ||||||||||||||
Depreciation | 4,616 | 6,155 | 6,089 | 7,118 | 4,693 | 7,257 | 6,206 | 7,154 | 5,705 | 7,315 | 9,754 | 11,701 | 13,684 | 13,693 | 12,685 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -16,523 | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 12,097 | -38,091 | -53,871 | -22,690 | 7,385 | 20,898 | -48,777 | -334,345 | 98,429 | 43,716 | -21,184 | -241,845 | 129,051 | -149,541 | 745,093 |
Creditors | -3,517 | -35,313 | 41,902 | -14,647 | 16,147 | 0 | 0 | 0 | -75,000 | 75,000 | -7,352 | 7,352 | 0 | 0 | 0 |
Accruals and Deferred Income | 289 | -20,526 | 34,829 | -8,029 | -10,547 | 14,087 | -33,435 | -57,540 | 62,864 | -46,564 | -33,372 | -129,368 | 27,010 | 31,726 | 202,811 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -436,879 | ||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -12,891 | 2,820 | 7,111 | 43 | 2,917 | -11,860 | -22,704 | 34,564 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | -5,440 | 0 | 0 | 0 | 0 | 17,227 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | -14,749 | ||||||||||||||
cash flow from financing | 1,647,840 | ||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 32,628 | -519,702 | 290,388 | -22,385 | -221,216 | -290,090 | 21,009 | 306,479 | -6,306 | 154,272 | -112,083 | 51,313 | -87,125 | 274,577 | 368,816 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -54,997 | 54,997 | -16,569 | 16,569 |
change in cash | 32,628 | -519,702 | 290,388 | -22,385 | -221,216 | -290,090 | 21,009 | 306,479 | -6,306 | 154,272 | -112,083 | 106,310 | -142,122 | 291,146 | 352,247 |
ritagate limited Credit Report and Business Information
Ritagate Limited Competitor Analysis
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Perform a competitor analysis for ritagate limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in RG1 area or any other competitors across 12 key performance metrics.
ritagate limited Ownership
RITAGATE LIMITED group structure
Ritagate Limited has no subsidiary companies.
ritagate limited directors
Ritagate Limited currently has 2 directors. The longest serving directors include Mr Brian Nunan (Dec 1991) and Mrs Dominique Hawkins (Apr 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Brian Nunan | United Kingdom | 84 years | Dec 1991 | - | Director |
Mrs Dominique Hawkins | England | 42 years | Apr 2019 | - | Director |
P&L
June 2024turnover
302.2k
+85%
operating profit
46k
0%
gross margin
72.8%
-0.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
350.2k
+0.14%
total assets
400.7k
+0.11%
cash
240.6k
+0.16%
net assets
Total assets minus all liabilities
ritagate limited company details
company number
01562914
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
May 1981
age
44
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
RICHARDSONS
auditor
-
address
99 london street, reading, berks, RG1 4QA
Bank
BARCLAYS BANK PLC
Legal Advisor
-
ritagate 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 2 charges/mortgages relating to ritagate limited. Currently there are 2 open charges and 0 have been satisfied in the past.
ritagate 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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ritagate limited Companies House Filings - See Documents
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