resham limited

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resham limited Company Information

Share RESHAM LIMITED

Company Number

02003609

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

£2.8m

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

£2m

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

£19.8m

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).

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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

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £1.3m, make it larger than the average company (£824.8k)

£1.3m - Resham Limited

£824.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (3.2%)

-1% - Resham Limited

3.2% - Industry AVG

production

Production

with a gross margin of 25.8%, this company has a higher cost of product (67%)

25.8% - Resham Limited

67% - Industry AVG

profitability

Profitability

an operating margin of 34.9% make it more profitable than the average company (27.6%)

34.9% - Resham Limited

27.6% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Resham Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)

£38.7k - Resham Limited

£38.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £337k, this is more efficient (£200.6k)

£337k - Resham Limited

£200.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Resham Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 835 days, this is slower than average (32 days)

835 days - Resham Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 6313 days, this is more than average (462 days)

6313 days - Resham Limited

462 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,347,8281,129,901893,7021,386,8602,307,9232,158,6422,077,2051,598,6171,476,7591,490,9671,487,4001,414,2321,626,3801,461,1511,427,406
Other Income Or Grants000000000000000
Cost Of Sales1,000,520831,237663,6270464,923100,000150,00033,0570239,214228,311200,001466,205329,750362,264
Gross Profit347,308298,663230,0761,386,8601,843,0002,058,6421,927,2051,565,5601,476,7591,251,7531,259,0891,214,2311,160,1751,131,4011,065,142
Admin Expenses-123,147-500,128-1,079,617244,478256,850279,855259,262298,152404,646268,628354,529420,454447,868520,848509,015
Operating Profit470,455798,7911,309,6931,142,3821,586,1501,778,7871,667,9431,267,4081,072,113983,125904,560793,777712,307610,553556,127
Interest Payable00303,23391,206176,822160,636163,251178,374207,993218,263229,278238,165241,835238,809234,044
Interest Receivable265,663200,86832,4704,77311,3089,0224,6855,1466,3426,3456,5037,0456,1404,2333,008
Pre-Tax Profit736,117999,6591,038,9301,055,9491,420,6361,627,1731,509,3771,094,180870,462771,207681,785562,657476,612375,977325,091
Tax-184,029-189,935-197,397-200,714-275,140-267,702-275,024-218,995-174,279-160,364-149,921-126,041-106,392-85,705-70,579
Profit After Tax552,088809,724841,533855,2351,145,4961,359,4711,234,353875,185696,183610,843531,864436,616370,220290,272254,512
Dividends Paid00037,00037,00037,0005,0005,00030,78029,70029,97031,50031,72534,30034,290
Retained Profit552,088809,724841,533818,2351,108,4961,322,4711,229,353870,185665,403581,143501,894405,116338,495255,972220,222
Employee Costs154,717144,094146,68332,95233,09032,11031,08030,78030,15030,15029,57028,86028,07522,84822,848
Number Of Employees444444444444434
EBITDA*471,335799,8281,310,0701,142,8251,586,6711,779,4001,668,6641,268,2571,073,111984,300905,942795,403715,748611,099556,768

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets4,9945,8742,1332,5102,9533,4744,0874,8085,6576,6557,8309,21210,8383,0913,637
Intangible Assets000000000000000
Investments & Other00000194,994194,994194,994194,994194,994194,994365,538365,538365,538365,538
Debtors (Due After 1 year)000000000000000
Total Fixed Assets4,9945,8742,1332,5102,953198,468199,081199,802200,651201,649202,824374,750376,376368,629369,175
Stock & work in progress17,306,99417,306,99417,306,99417,306,99417,306,99417,771,91717,871,91718,021,91718,054,97418,054,97418,224,68818,452,99918,372,30018,054,68618,384,436
Trade Debtors0138,69258,00212,27812,27865,524025,5230000000
Group Debtors000000000000000
Misc Debtors000000000069,49900249,047163,138
Cash5,241,3704,879,1174,573,4894,085,1003,770,7313,396,2513,218,0962,788,9413,055,8213,104,5613,016,5622,906,4263,036,5762,233,1321,562,546
misc current assets000000000000000
total current assets22,548,36422,324,80321,938,48521,404,37221,090,00321,233,69221,090,01320,836,38121,110,79521,159,53521,310,74921,359,42521,408,87620,536,86520,110,120
total assets22,553,35822,330,67721,940,61821,406,88221,092,95621,432,16021,289,09421,036,18321,311,44621,361,18421,513,57321,734,17521,785,25220,905,49420,479,295
Bank overdraft000410,002710,002980,002831,002804,0020000686,00000
Bank loan00000000778,002765,002820,001720,000000
Trade Creditors 2,290,8722,294,2792,332,123006,485263,918271,323263,918263,918263,918295,115513,233203,81228,617
Group/Directors Accounts0001,155,4581,192,8151,178,8721,179,5091,170,2051,625,7581,632,5671,625,4491,633,6761,649,9831,677,8801,673,507
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000680,598746,661904,110876,736791,404701,215678,931699,235546,066503,646179,435336,696
total current liabilities2,290,8722,294,2792,332,1232,246,0582,649,4783,069,4693,151,1653,036,9343,368,8933,340,4183,408,6033,194,8573,352,8622,061,1272,038,820
loans0008,574,6838,675,5729,703,28110,800,99011,891,66312,705,15213,448,76814,114,11515,050,35715,348,54516,099,01715,951,097
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities7,473,0007,799,0008,180,821000000000000
provisions000000000000000
total long term liabilities7,473,0007,799,0008,180,8218,574,6838,675,5729,703,28110,800,99011,891,66312,705,15213,448,76814,114,11515,050,35715,348,54516,099,01715,951,097
total liabilities9,763,87210,093,27910,512,94410,820,74111,325,05012,772,75013,952,15514,928,59716,074,04516,789,18617,522,71818,245,21418,701,40718,160,14417,989,917
net assets12,789,48612,237,39811,427,67410,586,1419,767,9068,659,4107,336,9396,107,5865,237,4014,571,9983,990,8553,488,9613,083,8452,745,3502,489,378
total shareholders funds12,789,48612,237,39811,427,67410,586,1419,767,9068,659,4107,336,9396,107,5865,237,4014,571,9983,990,8553,488,9613,083,8452,745,3502,489,378
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit470,455798,7911,309,6931,142,3821,586,1501,778,7871,667,9431,267,4081,072,113983,125904,560793,777712,307610,553556,127
Depreciation8801,0373774435216137218499981,1751,3821,6263,441546641
Amortisation000000000000000
Tax-184,029-189,935-197,397-200,714-275,140-267,702-275,024-218,995-174,279-160,364-149,921-126,041-106,392-85,705-70,579
Stock0000-464,923-100,000-150,000-33,0570-169,714-228,31180,699317,614-329,75018,384,436
Debtors-138,69280,69045,7240-53,24665,524-25,52325,5230-69,49969,4990-249,04785,909163,138
Creditors-3,407-37,8442,332,1230-6,485-257,433-7,4057,40500-31,197-218,118309,421175,19528,617
Accruals and Deferred Income00-680,598-66,063-157,44927,37485,33290,18922,284-20,304153,16942,420324,211-157,261336,696
Deferred Taxes & Provisions000000000000000
Cash flow from operations422,591491,3592,718,474876,0481,665,7661,316,1151,647,0901,154,390921,1161,042,8451,036,805412,9651,174,421787,169-17,696,072
Investing Activities
capital expenditure0-4,77800000000175,0000-11,18800
Change in Investments0000-194,99400000-170,544000365,538
cash flow from investments0-4,77800194,99400000345,5440-11,1880-365,538
Financing Activities
Bank loans0000000-778,00213,000-54,999100,001720,000000
Group/Directors Accounts00-1,155,458-37,35713,943-6379,304-455,553-6,8097,118-8,227-16,307-27,8974,3731,673,507
Other Short Term Loans 000000000000000
Long term loans00-8,574,683-100,889-1,027,709-1,097,709-1,090,673-813,489-743,616-665,347-936,242-298,188-750,472147,92015,951,097
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-326,000-381,8218,180,821000000000000
share issue000000000000002,269,156
interest265,663200,868-270,763-86,433-165,514-151,614-158,566-173,228-201,651-211,918-222,775-231,120-235,695-234,576-231,036
cash flow from financing-60,337-180,953-1,820,083-224,679-1,179,280-1,249,960-1,239,935-2,220,272-939,076-925,146-1,067,243174,385-1,014,064-82,28319,662,724
cash and cash equivalents
cash362,253305,628488,389314,369374,480178,155429,155-266,880-48,74087,999110,136-130,150803,444670,5861,562,546
overdraft00-410,002-300,000-270,000149,00027,000804,002000-686,000686,00000
change in cash362,253305,628898,391614,369644,48029,155402,155-1,070,882-48,74087,999110,136555,850117,444670,5861,562,546

resham 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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Resham Limited Competitor Analysis

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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 Shareholders

davinder singh mander 99.9%
pritam kaur mander 0.1%

resham limited directors

Resham Limited currently has 4 directors. The longest serving directors include Pritpal Mander (Dec 1991) and Dr Davinder Mander (Dec 1991).

officercountryagestartendrole
Pritpal Mander86 years Dec 1991- Director
Dr Davinder ManderEngland59 years Dec 1991- Director
Mrs Balwinder Mander49 years Mar 2006- Director
Miss Amrit Mander19 years Nov 2023- Director

P&L

March 2024

turnover

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 2024

net 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

None

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.

Click to start generating capital raising & share issue transactions for RESHAM LIMITED. This can take several minutes, an email will notify you when this has completed.

resham limited Companies House Filings - See Documents

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