rendall & rittner limited
rendall & rittner limited Company Information
Company Number
02515428
Next Accounts
Sep 2025
Shareholders
r & r residential management limited
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
13b st. george wharf, london, SW8 2LE
Website
www.rendallandrittner.co.ukrendall & rittner limited Estimated Valuation
Pomanda estimates the enterprise value of RENDALL & RITTNER LIMITED at £272.1m based on a Turnover of £43.6m and 6.24x industry multiple (adjusted for size and gross margin).
rendall & rittner limited Estimated Valuation
Pomanda estimates the enterprise value of RENDALL & RITTNER LIMITED at £159.1m based on an EBITDA of £9.7m and a 16.45x industry multiple (adjusted for size and gross margin).
rendall & rittner limited Estimated Valuation
Pomanda estimates the enterprise value of RENDALL & RITTNER LIMITED at £8.8m based on Net Assets of £4.8m and 1.82x industry multiple (adjusted for liquidity).
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Rendall & Rittner Limited Overview
Rendall & Rittner Limited is a live company located in london, SW8 2LE with a Companies House number of 02515428. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in June 1990, it's largest shareholder is r & r residential management limited with a 100% stake. Rendall & Rittner Limited is a mature, large sized company, Pomanda has estimated its turnover at £43.6m with declining growth in recent years.
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Rendall & Rittner Limited Health Check
Pomanda's financial health check has awarded Rendall & Rittner Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £43.6m, make it larger than the average company (£360.4k)
£43.6m - Rendall & Rittner Limited
£360.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.5%)
-11% - Rendall & Rittner Limited
4.5% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (68.8%)
100% - Rendall & Rittner Limited
68.8% - Industry AVG
Profitability
an operating margin of 20.9% make it more profitable than the average company (6.6%)
20.9% - Rendall & Rittner Limited
6.6% - Industry AVG
Employees
with 528 employees, this is above the industry average (7)
528 - Rendall & Rittner Limited
7 - Industry AVG
Pay Structure
on an average salary of £50.1k, the company has an equivalent pay structure (£42.6k)
£50.1k - Rendall & Rittner Limited
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £82.6k, this is less efficient (£102.5k)
£82.6k - Rendall & Rittner Limited
£102.5k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (50 days)
71 days - Rendall & Rittner Limited
50 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Rendall & Rittner Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rendall & Rittner Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (46 weeks)
15 weeks - Rendall & Rittner Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.4%, this is a higher level of debt than the average (57.2%)
79.4% - Rendall & Rittner Limited
57.2% - Industry AVG
RENDALL & RITTNER LIMITED financials
Rendall & Rittner Limited's latest turnover from December 2023 is £43.6 million and the company has net assets of £4.8 million. According to their latest financial statements, Rendall & Rittner Limited has 528 employees and maintains cash reserves of £5.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 43,590,573 | 36,897,514 | 59,345,678 | 61,624,312 | 58,229,016 | 16,235,560 | 13,652,705 | 12,325,455 | 11,029,469 | 9,588,401 | 8,505,730 | 7,228,158 | 6,737,900 | |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | 43,590,573 | 36,897,514 | 59,345,678 | 11,029,469 | 9,588,401 | 8,505,730 | 7,228,158 | 6,737,900 | ||||||
| Admin Expenses | 34,498,054 | 32,788,324 | 56,274,052 | 10,347,405 | 8,824,375 | 8,065,590 | 6,850,735 | 6,499,591 | ||||||
| Operating Profit | 9,092,519 | 4,109,190 | 3,071,626 | -2,107,480 | 1,088,183 | 934,591 | 30,213 | 314,848 | 682,064 | 764,026 | 440,140 | 377,423 | 238,309 | |
| Interest Payable | 74,473 | 34,977 | 31,399 | 182,272 | 228,761 | 154,934 | 15,988 | 5,567 | 9,572 | 19,731 | 21,108 | 5,543 | ||
| Interest Receivable | 71 | 36,239 | 53,256 | 24,686 | 3,421 | |||||||||
| Pre-Tax Profit | 9,018,046 | 4,074,213 | 3,033,251 | -2,289,752 | 887,031 | 873,071 | 14,225 | 326,409 | 443,239 | 780,534 | 446,153 | 427,109 | 256,187 | |
| Tax | -853,811 | -399,526 | -119,137 | 279,888 | -254,866 | -159,832 | -40,492 | -52,157 | -93,597 | -180,209 | -86,463 | -124,847 | -30,289 | |
| Profit After Tax | 8,164,235 | 3,674,687 | 2,914,114 | -2,009,864 | 632,165 | 713,239 | -26,267 | 274,252 | 349,642 | 600,325 | 359,690 | 302,262 | 225,898 | |
| Dividends Paid | 9,180,000 | 515,920 | 121,410 | 400,000 | 360,000 | 360,000 | 400,000 | 180,000 | 140,000 | |||||
| Retained Profit | -1,015,765 | 3,674,687 | 2,914,114 | -2,009,864 | 116,245 | 591,829 | -426,267 | -85,748 | -10,358 | 200,325 | 179,690 | 162,262 | 225,898 | |
| Employee Costs | 26,443,910 | 24,372,126 | 44,543,529 | 56,574,610 | 51,178,139 | 11,292,824 | 9,733,124 | 8,541,831 | 7,857,524 | 6,667,807 | 6,203,136 | 5,251,457 | 4,766,168 | |
| Number Of Employees | 528 | 497 | 736 | 1,640 | 1,556 | 265 | 229 | 194 | 175 | 163 | 155 | 127 | 111 | |
| EBITDA* | 9,671,211 | 5,221,893 | 4,832,212 | -833,057 | 1,934,382 | 1,101,010 | 199,141 | 569,832 | 790,946 | 876,705 | 551,442 | 462,841 | 332,979 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 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 | 713,403 | 595,108 | 713,129 | 1,012,019 | 648,497 | 217,210 | 186,197 | 215,119 | 226,964 | 144,560 | 203,305 | 199,186 | 424,659 | 357,160 |
| Intangible Assets | 3,109,705 | 1,772,619 | 1,343,570 | 1,784,514 | 1,919,225 | 16,635 | 66,001 | 115,367 | ||||||
| Investments & Other | 621,000 | 621,000 | 504,000 | 560,588 | 56,588 | 251,589 | 251,589 | 265,001 | 65,029 | 1 | 1 | |||
| Debtors (Due After 1 year) | 1,171,400 | 1,294,005 | 1,083,269 | 895,126 | 1,009,113 | 697,536 | ||||||||
| Total Fixed Assets | 3,823,108 | 2,367,727 | 2,056,699 | 3,417,533 | 3,188,722 | 737,845 | 812,786 | 387,074 | 1,649,953 | 1,690,154 | 1,551,575 | 1,159,341 | 1,433,773 | 1,054,697 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 8,578,877 | 9,896,162 | 8,614,801 | 4,442,088 | 5,047,323 | 1,219,320 | 972,890 | 893,472 | 818,077 | 858,593 | 913,941 | 1,037,749 | 1,266,342 | 1,169,382 |
| Group Debtors | 1,508,589 | 4,178,256 | 1,314,654 | 728,887 | 2,922,094 | 6,893,610 | 2,136,888 | 2,362,134 | 1,202,986 | 367,025 | 187,362 | 92,509 | ||
| Misc Debtors | 4,155,452 | 3,702,351 | 3,382,392 | 1,433,950 | 2,364,888 | 1,385,236 | 983,562 | 904,830 | 637,018 | 730,971 | 835,889 | 551,004 | 3,270 | 11,201 |
| Cash | 5,367,721 | 1,355,809 | 1,827,788 | 4,367,927 | 2,411,605 | 1,640,139 | 1,197,360 | 1,300,158 | 918,829 | 1,392,682 | 1,523,898 | 873,701 | 587,890 | 465,715 |
| misc current assets | 2,064 | |||||||||||||
| total current assets | 19,610,639 | 19,132,578 | 15,139,635 | 10,972,852 | 12,745,910 | 11,138,305 | 5,292,764 | 5,460,594 | 3,576,910 | 3,349,271 | 3,461,090 | 2,554,963 | 1,857,502 | 1,646,298 |
| total assets | 23,433,747 | 21,500,305 | 17,196,334 | 14,390,385 | 15,934,632 | 11,876,150 | 6,105,550 | 5,847,668 | 5,226,863 | 5,039,425 | 5,012,665 | 3,714,304 | 3,291,275 | 2,700,995 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 1,224,741 | 1,625,098 | 1,310,935 | 908,461 | 1,074,944 | 365,918 | 643,727 | 644,363 | 298,059 | 221,858 | 242,228 | 156,631 | 46,066 | 1,828,742 |
| Group/Directors Accounts | 4,460,236 | 1,587,628 | 1,347,416 | 1,757,102 | 601,329 | 1,299,383 | 350,000 | 6,384 | 9,098 | 25,000 | ||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 12,919,873 | 12,441,085 | 12,248,871 | 12,039,955 | 9,782,090 | 5,150,989 | 4,105,806 | 3,767,919 | 3,301,760 | 3,145,293 | 3,099,221 | 2,288,162 | 2,122,058 | |
| total current liabilities | 18,604,850 | 15,653,811 | 14,907,222 | 14,705,518 | 11,458,363 | 6,816,290 | 5,099,533 | 4,412,282 | 3,599,819 | 3,373,535 | 3,341,449 | 2,453,891 | 2,193,124 | 1,828,742 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 2,685,379 | 3,453,238 | 53,480 | 260,882 | ||||||||||
| provisions | 1,832 | 119,137 | 96,159 | 28,136 | 19,360 | 22,462 | 20,318 | 1,751 | ||||||
| total long term liabilities | 1,832 | 119,137 | 2,781,538 | 3,481,374 | 19,360 | 22,462 | 20,318 | 55,231 | 260,882 | |||||
| total liabilities | 18,604,850 | 15,655,643 | 15,026,359 | 14,705,518 | 14,239,901 | 10,297,664 | 5,118,893 | 4,434,744 | 3,620,137 | 3,428,766 | 3,602,331 | 2,453,891 | 2,193,124 | 1,828,742 |
| net assets | 4,828,897 | 5,844,662 | 2,169,975 | -315,133 | 1,694,731 | 1,578,486 | 986,657 | 1,412,924 | 1,606,726 | 1,610,659 | 1,410,334 | 1,260,413 | 1,098,151 | 872,253 |
| total shareholders funds | 4,828,897 | 5,844,662 | 2,169,975 | -315,133 | 1,694,731 | 1,578,486 | 986,657 | 1,412,924 | 1,606,726 | 1,610,659 | 1,410,334 | 1,260,413 | 1,098,151 | 872,253 |
| Dec 2023 | Dec 2022 | Dec 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 | 9,092,519 | 4,109,190 | 3,071,626 | -2,107,480 | 1,088,183 | 934,591 | 30,213 | 314,848 | 682,064 | 764,026 | 440,140 | 377,423 | 238,309 | |
| Depreciation | 341,649 | 421,250 | 594,731 | 324,417 | 157,086 | 117,053 | 119,562 | 121,843 | 108,882 | 112,679 | 111,302 | 85,418 | 94,670 | 130,180 |
| Amortisation | 237,043 | 691,453 | 1,165,855 | 950,006 | 689,113 | 49,366 | 49,366 | 133,141 | ||||||
| Tax | -853,811 | -399,526 | -119,137 | 279,888 | -254,866 | -159,832 | -40,492 | -52,157 | -93,597 | -180,209 | -86,463 | -124,847 | -30,289 | |
| Stock | ||||||||||||||
| Debtors | -3,533,851 | 4,464,922 | 6,706,922 | -3,729,380 | 836,139 | 5,404,826 | -67,096 | 330,955 | 578,887 | 230,133 | 444,073 | 297,663 | 400,606 | 1,878,119 |
| Creditors | -400,357 | 314,163 | 402,474 | -166,483 | 709,026 | -277,809 | -636 | 346,304 | 76,201 | -20,370 | 85,597 | 110,565 | -1,782,676 | 1,828,742 |
| Accruals and Deferred Income | 478,788 | 192,214 | 208,916 | 2,257,865 | 4,631,101 | 1,045,183 | 337,887 | 466,159 | 156,467 | 46,072 | 811,059 | 166,104 | 2,122,058 | |
| Deferred Taxes & Provisions | -1,832 | -117,305 | 119,137 | -96,159 | 68,023 | 8,776 | -3,102 | 2,144 | 18,567 | 1,751 | ||||
| Cash flow from operations | 12,427,850 | 746,517 | -1,263,320 | 5,171,434 | 6,251,527 | -3,687,498 | 559,894 | 1,001,327 | 369,697 | 493,816 | 917,562 | 317,000 | 241,466 | |
| Investing Activities | ||||||||||||||
| capital expenditure | 1,936 | -90,640 | -163,505 | -420,610 | -53,934 | -115,421 | 94,422 | -171,004 | ||||||
| Change in Investments | -621,000 | 117,000 | -56,588 | 504,000 | -195,001 | -13,412 | 199,972 | 65,028 | 1 | |||||
| cash flow from investments | -117,000 | 58,524 | -594,640 | 31,496 | -420,610 | -40,522 | -315,393 | 29,394 | -171,004 | |||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 2,872,608 | 240,212 | -409,686 | 1,155,773 | -698,054 | 949,383 | 350,000 | -6,384 | 6,384 | -9,098 | -15,902 | 25,000 | ||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -2,685,379 | -767,859 | 3,453,238 | -53,480 | -207,402 | 260,882 | ||||||||
| share issue | ||||||||||||||
| interest | -74,473 | -34,977 | -31,399 | -182,272 | -228,761 | -154,934 | -15,988 | -5,567 | -9,501 | 16,508 | 32,148 | 24,686 | -2,122 | |
| cash flow from financing | 2,798,135 | 205,235 | -870,091 | -1,711,878 | -1,694,674 | 4,247,687 | 334,012 | -113,621 | -62,940 | -184,510 | 254,163 | 8,784 | 22,878 | |
| cash and cash equivalents | ||||||||||||||
| cash | 4,011,912 | -471,979 | -2,540,139 | 1,956,322 | 771,466 | 442,779 | -102,798 | 381,329 | -473,853 | -131,216 | 650,197 | 285,811 | 122,175 | 465,715 |
| overdraft | ||||||||||||||
| change in cash | 4,011,912 | -471,979 | -2,540,139 | 1,956,322 | 771,466 | 442,779 | -102,798 | 381,329 | -473,853 | -131,216 | 650,197 | 285,811 | 122,175 | 465,715 |
rendall & rittner limited Credit Report and Business Information
Rendall & Rittner Limited Competitor Analysis
Perform a competitor analysis for rendall & rittner limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in SW8 area or any other competitors across 12 key performance metrics.
rendall & rittner limited Ownership
RENDALL & RITTNER LIMITED group structure
Rendall & Rittner Limited has 1 subsidiary company.
Ultimate parent company
FC SUN INTRESSENTER AB
#0140134
2 parents
RENDALL & RITTNER LIMITED
02515428
1 subsidiary
rendall & rittner limited directors
Rendall & Rittner Limited currently has 12 directors. The longest serving directors include Mr Duncan Rendall (Jun 1991) and Mr John Rittner (Jun 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Duncan Rendall | England | 60 years | Jun 1991 | - | Director |
| Mr John Rittner | England | 66 years | Jun 1991 | - | Director |
| Mr Richard Daver | England | 59 years | Nov 2006 | - | Director |
| Ms Catherine Riva | England | 52 years | Jan 2009 | - | Director |
| Mr William Hammond | England | 57 years | Jun 2012 | - | Director |
| Mr Daniel Steer | England | 47 years | Jul 2019 | - | Director |
| Mr Paul Denton | England | 48 years | Jan 2021 | - | Director |
| Mr Adewale Oladunjoye | England | 42 years | Jan 2021 | - | Director |
| Mr Parimal Patel | England | 59 years | Jan 2022 | - | Director |
| Ms Catherine Orezzi | England | 46 years | Feb 2023 | - | Director |
P&L
December 2023turnover
43.6m
+18%
operating profit
9.1m
+121%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.8m
-0.17%
total assets
23.4m
+0.09%
cash
5.4m
+2.96%
net assets
Total assets minus all liabilities
rendall & rittner limited company details
company number
02515428
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
June 1990
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
chasegrade limited (July 1990)
accountant
-
auditor
HAYSMACINTYRE LLP
address
13b st. george wharf, london, SW8 2LE
Bank
-
Legal Advisor
-
rendall & rittner 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 11 charges/mortgages relating to rendall & rittner limited. Currently there are 0 open charges and 11 have been satisfied in the past.
rendall & rittner 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 RENDALL & RITTNER LIMITED. This can take several minutes, an email will notify you when this has completed.
rendall & rittner limited Companies House Filings - See Documents
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