resham limited Company Information
Company Number
02003609
Next Accounts
Dec 2025
Shareholders
davinder singh mander
pritam kaur mander
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
49 station road, polegate, BN26 6EA
Website
-resham limited Estimated Valuation
Pomanda estimates the enterprise value of RESHAM LIMITED at £2.8m based on a Turnover of £1.3m and 2.1x industry multiple (adjusted for size and gross margin).
resham limited Estimated Valuation
Pomanda estimates the enterprise value of RESHAM LIMITED at £2m based on an EBITDA of £471.3k and a 4.34x industry multiple (adjusted for size and gross margin).
resham limited Estimated Valuation
Pomanda estimates the enterprise value of RESHAM LIMITED at £19.8m based on Net Assets of £12.8m and 1.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Resham Limited Overview
Resham Limited is a live company located in polegate, BN26 6EA with a Companies House number of 02003609. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 1986, it's largest shareholder is davinder singh mander with a 99.9% stake. Resham Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Resham Limited Health Check
Pomanda's financial health check has awarded Resham Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £1.3m, make it larger than the average company (£824.8k)
- Resham Limited
£824.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (3.2%)
- Resham Limited
3.2% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (67%)
- Resham Limited
67% - Industry AVG
Profitability
an operating margin of 34.9% make it more profitable than the average company (27.6%)
- Resham Limited
27.6% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Resham Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)
- Resham Limited
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £337k, this is more efficient (£200.6k)
- Resham Limited
£200.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Resham Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 835 days, this is slower than average (32 days)
- Resham Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 6313 days, this is more than average (462 days)
- Resham Limited
462 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 118 weeks, this is more cash available to meet short term requirements (8 weeks)
118 weeks - Resham Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.3%, this is a lower level of debt than the average (61.8%)
43.3% - Resham Limited
61.8% - Industry AVG
RESHAM LIMITED financials
Resham Limited's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £12.8 million. According to their latest financial statements, Resham Limited has 4 employees and maintains cash reserves of £5.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 1,386,860 | 2,307,923 | 2,158,642 | 2,077,205 | 1,598,617 | 1,476,759 | 1,490,967 | 1,487,400 | 1,414,232 | 1,626,380 | 1,461,151 | 1,427,406 | |||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
Cost Of Sales | 0 | 464,923 | 100,000 | 150,000 | 33,057 | 0 | 239,214 | 228,311 | 200,001 | 466,205 | 329,750 | 362,264 | |||
Gross Profit | 1,386,860 | 1,843,000 | 2,058,642 | 1,927,205 | 1,565,560 | 1,476,759 | 1,251,753 | 1,259,089 | 1,214,231 | 1,160,175 | 1,131,401 | 1,065,142 | |||
Admin Expenses | 244,478 | 256,850 | 279,855 | 259,262 | 298,152 | 404,646 | 268,628 | 354,529 | 420,454 | 447,868 | 520,848 | 509,015 | |||
Operating Profit | 1,142,382 | 1,586,150 | 1,778,787 | 1,667,943 | 1,267,408 | 1,072,113 | 983,125 | 904,560 | 793,777 | 712,307 | 610,553 | 556,127 | |||
Interest Payable | 91,206 | 176,822 | 160,636 | 163,251 | 178,374 | 207,993 | 218,263 | 229,278 | 238,165 | 241,835 | 238,809 | 234,044 | |||
Interest Receivable | 4,773 | 11,308 | 9,022 | 4,685 | 5,146 | 6,342 | 6,345 | 6,503 | 7,045 | 6,140 | 4,233 | 3,008 | |||
Pre-Tax Profit | 1,055,949 | 1,420,636 | 1,627,173 | 1,509,377 | 1,094,180 | 870,462 | 771,207 | 681,785 | 562,657 | 476,612 | 375,977 | 325,091 | |||
Tax | -200,714 | -275,140 | -267,702 | -275,024 | -218,995 | -174,279 | -160,364 | -149,921 | -126,041 | -106,392 | -85,705 | -70,579 | |||
Profit After Tax | 855,235 | 1,145,496 | 1,359,471 | 1,234,353 | 875,185 | 696,183 | 610,843 | 531,864 | 436,616 | 370,220 | 290,272 | 254,512 | |||
Dividends Paid | 37,000 | 37,000 | 37,000 | 5,000 | 5,000 | 30,780 | 29,700 | 29,970 | 31,500 | 31,725 | 34,300 | 34,290 | |||
Retained Profit | 818,235 | 1,108,496 | 1,322,471 | 1,229,353 | 870,185 | 665,403 | 581,143 | 501,894 | 405,116 | 338,495 | 255,972 | 220,222 | |||
Employee Costs | 32,952 | 33,090 | 32,110 | 31,080 | 30,780 | 30,150 | 30,150 | 29,570 | 28,860 | 28,075 | 22,848 | 22,848 | |||
Number Of Employees | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |
EBITDA* | 1,142,825 | 1,586,671 | 1,779,400 | 1,668,664 | 1,268,257 | 1,073,111 | 984,300 | 905,942 | 795,403 | 715,748 | 611,099 | 556,768 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 4,994 | 5,874 | 2,133 | 2,510 | 2,953 | 3,474 | 4,087 | 4,808 | 5,657 | 6,655 | 7,830 | 9,212 | 10,838 | 3,091 | 3,637 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 194,994 | 194,994 | 194,994 | 194,994 | 194,994 | 194,994 | 365,538 | 365,538 | 365,538 | 365,538 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 4,994 | 5,874 | 2,133 | 2,510 | 2,953 | 198,468 | 199,081 | 199,802 | 200,651 | 201,649 | 202,824 | 374,750 | 376,376 | 368,629 | 369,175 |
Stock & work in progress | 17,306,994 | 17,306,994 | 17,306,994 | 17,306,994 | 17,306,994 | 17,771,917 | 17,871,917 | 18,021,917 | 18,054,974 | 18,054,974 | 18,224,688 | 18,452,999 | 18,372,300 | 18,054,686 | 18,384,436 |
Trade Debtors | 0 | 138,692 | 58,002 | 12,278 | 12,278 | 65,524 | 0 | 25,523 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69,499 | 0 | 0 | 249,047 | 163,138 |
Cash | 5,241,370 | 4,879,117 | 4,573,489 | 4,085,100 | 3,770,731 | 3,396,251 | 3,218,096 | 2,788,941 | 3,055,821 | 3,104,561 | 3,016,562 | 2,906,426 | 3,036,576 | 2,233,132 | 1,562,546 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 22,548,364 | 22,324,803 | 21,938,485 | 21,404,372 | 21,090,003 | 21,233,692 | 21,090,013 | 20,836,381 | 21,110,795 | 21,159,535 | 21,310,749 | 21,359,425 | 21,408,876 | 20,536,865 | 20,110,120 |
total assets | 22,553,358 | 22,330,677 | 21,940,618 | 21,406,882 | 21,092,956 | 21,432,160 | 21,289,094 | 21,036,183 | 21,311,446 | 21,361,184 | 21,513,573 | 21,734,175 | 21,785,252 | 20,905,494 | 20,479,295 |
Bank overdraft | 0 | 0 | 0 | 410,002 | 710,002 | 980,002 | 831,002 | 804,002 | 0 | 0 | 0 | 0 | 686,000 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 778,002 | 765,002 | 820,001 | 720,000 | 0 | 0 | 0 |
Trade Creditors | 2,290,872 | 2,294,279 | 2,332,123 | 0 | 0 | 6,485 | 263,918 | 271,323 | 263,918 | 263,918 | 263,918 | 295,115 | 513,233 | 203,812 | 28,617 |
Group/Directors Accounts | 0 | 0 | 0 | 1,155,458 | 1,192,815 | 1,178,872 | 1,179,509 | 1,170,205 | 1,625,758 | 1,632,567 | 1,625,449 | 1,633,676 | 1,649,983 | 1,677,880 | 1,673,507 |
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 | 0 | 0 | 0 | 680,598 | 746,661 | 904,110 | 876,736 | 791,404 | 701,215 | 678,931 | 699,235 | 546,066 | 503,646 | 179,435 | 336,696 |
total current liabilities | 2,290,872 | 2,294,279 | 2,332,123 | 2,246,058 | 2,649,478 | 3,069,469 | 3,151,165 | 3,036,934 | 3,368,893 | 3,340,418 | 3,408,603 | 3,194,857 | 3,352,862 | 2,061,127 | 2,038,820 |
loans | 0 | 0 | 0 | 8,574,683 | 8,675,572 | 9,703,281 | 10,800,990 | 11,891,663 | 12,705,152 | 13,448,768 | 14,114,115 | 15,050,357 | 15,348,545 | 16,099,017 | 15,951,097 |
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 | 7,473,000 | 7,799,000 | 8,180,821 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 7,473,000 | 7,799,000 | 8,180,821 | 8,574,683 | 8,675,572 | 9,703,281 | 10,800,990 | 11,891,663 | 12,705,152 | 13,448,768 | 14,114,115 | 15,050,357 | 15,348,545 | 16,099,017 | 15,951,097 |
total liabilities | 9,763,872 | 10,093,279 | 10,512,944 | 10,820,741 | 11,325,050 | 12,772,750 | 13,952,155 | 14,928,597 | 16,074,045 | 16,789,186 | 17,522,718 | 18,245,214 | 18,701,407 | 18,160,144 | 17,989,917 |
net assets | 12,789,486 | 12,237,398 | 11,427,674 | 10,586,141 | 9,767,906 | 8,659,410 | 7,336,939 | 6,107,586 | 5,237,401 | 4,571,998 | 3,990,855 | 3,488,961 | 3,083,845 | 2,745,350 | 2,489,378 |
total shareholders funds | 12,789,486 | 12,237,398 | 11,427,674 | 10,586,141 | 9,767,906 | 8,659,410 | 7,336,939 | 6,107,586 | 5,237,401 | 4,571,998 | 3,990,855 | 3,488,961 | 3,083,845 | 2,745,350 | 2,489,378 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 1,142,382 | 1,586,150 | 1,778,787 | 1,667,943 | 1,267,408 | 1,072,113 | 983,125 | 904,560 | 793,777 | 712,307 | 610,553 | 556,127 | |||
Depreciation | 880 | 1,037 | 377 | 443 | 521 | 613 | 721 | 849 | 998 | 1,175 | 1,382 | 1,626 | 3,441 | 546 | 641 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -200,714 | -275,140 | -267,702 | -275,024 | -218,995 | -174,279 | -160,364 | -149,921 | -126,041 | -106,392 | -85,705 | -70,579 | |||
Stock | 0 | 0 | 0 | 0 | -464,923 | -100,000 | -150,000 | -33,057 | 0 | -169,714 | -228,311 | 80,699 | 317,614 | -329,750 | 18,384,436 |
Debtors | -138,692 | 80,690 | 45,724 | 0 | -53,246 | 65,524 | -25,523 | 25,523 | 0 | -69,499 | 69,499 | 0 | -249,047 | 85,909 | 163,138 |
Creditors | -3,407 | -37,844 | 2,332,123 | 0 | -6,485 | -257,433 | -7,405 | 7,405 | 0 | 0 | -31,197 | -218,118 | 309,421 | 175,195 | 28,617 |
Accruals and Deferred Income | 0 | 0 | -680,598 | -66,063 | -157,449 | 27,374 | 85,332 | 90,189 | 22,284 | -20,304 | 153,169 | 42,420 | 324,211 | -157,261 | 336,696 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 876,048 | 1,665,766 | 1,316,115 | 1,647,090 | 1,154,390 | 921,116 | 1,042,845 | 1,036,805 | 412,965 | 1,174,421 | 787,169 | -17,696,072 | |||
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 175,000 | 0 | -11,188 | 0 | 0 | |||
Change in Investments | 0 | 0 | 0 | 0 | -194,994 | 0 | 0 | 0 | 0 | 0 | -170,544 | 0 | 0 | 0 | 365,538 |
cash flow from investments | 0 | 194,994 | 0 | 0 | 0 | 0 | 0 | 345,544 | 0 | -11,188 | 0 | -365,538 | |||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -778,002 | 13,000 | -54,999 | 100,001 | 720,000 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | -1,155,458 | -37,357 | 13,943 | -637 | 9,304 | -455,553 | -6,809 | 7,118 | -8,227 | -16,307 | -27,897 | 4,373 | 1,673,507 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | -8,574,683 | -100,889 | -1,027,709 | -1,097,709 | -1,090,673 | -813,489 | -743,616 | -665,347 | -936,242 | -298,188 | -750,472 | 147,920 | 15,951,097 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -326,000 | -381,821 | 8,180,821 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | -86,433 | -165,514 | -151,614 | -158,566 | -173,228 | -201,651 | -211,918 | -222,775 | -231,120 | -235,695 | -234,576 | -231,036 | |||
cash flow from financing | -224,679 | -1,179,280 | -1,249,960 | -1,239,935 | -2,220,272 | -939,076 | -925,146 | -1,067,243 | 174,385 | -1,014,064 | -82,283 | 19,662,724 | |||
cash and cash equivalents | |||||||||||||||
cash | 362,253 | 305,628 | 488,389 | 314,369 | 374,480 | 178,155 | 429,155 | -266,880 | -48,740 | 87,999 | 110,136 | -130,150 | 803,444 | 670,586 | 1,562,546 |
overdraft | 0 | 0 | -410,002 | -300,000 | -270,000 | 149,000 | 27,000 | 804,002 | 0 | 0 | 0 | -686,000 | 686,000 | 0 | 0 |
change in cash | 362,253 | 305,628 | 898,391 | 614,369 | 644,480 | 29,155 | 402,155 | -1,070,882 | -48,740 | 87,999 | 110,136 | 555,850 | 117,444 | 670,586 | 1,562,546 |
resham limited Credit Report and Business Information
Resham Limited Competitor Analysis
Perform a competitor analysis for resham limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in BN26 area or any other competitors across 12 key performance metrics.
resham limited Ownership
RESHAM LIMITED group structure
Resham Limited has no subsidiary companies.
Ultimate parent company
RESHAM LIMITED
02003609
resham limited directors
Resham Limited currently has 4 directors. The longest serving directors include Pritpal Mander (Dec 1991) and Dr Davinder Mander (Dec 1991).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Pritpal Mander | 86 years | Dec 1991 | - | Director | |
Dr Davinder Mander | England | 59 years | Dec 1991 | - | Director |
Mrs Balwinder Mander | 49 years | Mar 2006 | - | Director | |
Miss Amrit Mander | 19 years | Nov 2023 | - | Director |
P&L
March 2024turnover
1.3m
+19%
operating profit
470.5k
0%
gross margin
25.8%
-2.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
12.8m
+0.05%
total assets
22.6m
+0.01%
cash
5.2m
+0.07%
net assets
Total assets minus all liabilities
resham limited company details
company number
02003609
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
March 1986
age
39
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
resham plc (July 2021)
resham limited (November 2004)
accountant
-
auditor
-
address
49 station road, polegate, BN26 6EA
Bank
-
Legal Advisor
-
resham 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 72 charges/mortgages relating to resham limited. Currently there are 62 open charges and 10 have been satisfied in the past.
resham 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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resham limited Companies House Filings - See Documents
date | description | view/download |
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