red direct clothing limited
red direct clothing limited Company Information
Company Number
02620756
Next Accounts
Feb 2025
Directors
Shareholders
red direct business group ltd
mr anthony brown
View AllGroup Structure
View All
Industry
Manufacture of other wearing apparel and accessories
Registered Address
c/o tri group 2430-2440 the quad, aztec west, almondsbury, bristol, BS32 4AQ
Website
reddc.ukred direct clothing limited Estimated Valuation
Pomanda estimates the enterprise value of RED DIRECT CLOTHING LIMITED at £158k based on a Turnover of £350k and 0.45x industry multiple (adjusted for size and gross margin).
red direct clothing limited Estimated Valuation
Pomanda estimates the enterprise value of RED DIRECT CLOTHING LIMITED at £229.2k based on an EBITDA of £66.2k and a 3.46x industry multiple (adjusted for size and gross margin).
red direct clothing limited Estimated Valuation
Pomanda estimates the enterprise value of RED DIRECT CLOTHING LIMITED at £362.3k based on Net Assets of £115.4k and 3.14x industry multiple (adjusted for liquidity).
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Red Direct Clothing Limited Overview
Red Direct Clothing Limited is a dissolved company that was located in almondsbury, BS32 4AQ with a Companies House number of 02620756. It operated in the manufacture of other wearing apparel and accessories n.e.c. sector, SIC Code 14190. Founded in June 1991, it's largest shareholder was red direct business group ltd with a 99.1% stake. The last turnover for Red Direct Clothing Limited was estimated at £350k.
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Red Direct Clothing Limited Health Check
Pomanda's financial health check has awarded Red Direct Clothing Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £56.3k, make it smaller than the average company (£9.5m)
- Red Direct Clothing Limited
£9.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (5.9%)
- Red Direct Clothing Limited
5.9% - Industry AVG
Production
with a gross margin of 21.8%, this company has a higher cost of product (32.6%)
- Red Direct Clothing Limited
32.6% - Industry AVG
Profitability
an operating margin of 5% make it as profitable than the average company (4.5%)
- Red Direct Clothing Limited
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (67)
- Red Direct Clothing Limited
67 - Industry AVG
Pay Structure
on an average salary of £28.2k, the company has an equivalent pay structure (£28.2k)
- Red Direct Clothing Limited
£28.2k - Industry AVG
Efficiency
resulting in sales per employee of £56.3k, this is less efficient (£202.1k)
- Red Direct Clothing Limited
£202.1k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (45 days)
- Red Direct Clothing Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (34 days)
- Red Direct Clothing Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 117 days, this is more than average (95 days)
- Red Direct Clothing Limited
95 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 287 weeks, this is more cash available to meet short term requirements (8 weeks)
287 weeks - Red Direct Clothing Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.3%, this is a lower level of debt than the average (64%)
13.3% - Red Direct Clothing Limited
64% - Industry AVG
RED DIRECT CLOTHING LIMITED financials
Red Direct Clothing Limited's latest turnover from December 2014 is estimated at £350 thousand and the company has net assets of £115.4 thousand. According to their latest financial statements, we estimate that Red Direct Clothing Limited has 1 employee and maintains cash reserves of £717 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2014 | 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2014 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 35,119 | 2,120 | 2,762 | 3,597 | 2,558 | 7,329 |
| Intangible Assets | 3,000 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 38,119 | 2,120 | 2,762 | 3,597 | 2,558 | 7,329 |
| Stock & work in progress | 18,481 | 14,141 | 17,956 | 19,780 | 22,925 | 23,009 |
| Trade Debtors | 119,373 | 13,059 | 15,371 | 13,574 | 23,932 | 16,823 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 717 | 75,887 | 71,089 | 59,529 | 55,749 | 59,471 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 138,571 | 103,087 | 104,416 | 92,883 | 102,606 | 99,303 |
| total assets | 176,690 | 105,207 | 107,178 | 96,480 | 105,164 | 106,632 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 32,581 | 13,739 | 18,141 | 12,319 | 24,860 | 26,381 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 32,581 | 13,739 | 18,141 | 12,319 | 24,860 | 26,381 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 28,750 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 222 | 306 | 420 | 137 | 310 |
| total long term liabilities | 28,750 | 222 | 306 | 420 | 137 | 310 |
| total liabilities | 61,331 | 13,961 | 18,447 | 12,739 | 24,997 | 26,691 |
| net assets | 115,359 | 91,246 | 88,731 | 83,741 | 80,167 | 79,941 |
| total shareholders funds | 115,359 | 91,246 | 88,731 | 83,741 | 80,167 | 79,941 |
| Dec 2014 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 32,670 | 642 | 835 | 944 | 2,100 | 2,081 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 525 | -3,815 | -1,824 | -3,145 | -84 | 23,009 |
| Debtors | 104,002 | -2,312 | 1,797 | -10,358 | 7,109 | 16,823 |
| Creditors | 14,440 | -4,402 | 5,822 | -12,541 | -1,521 | 26,381 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -306 | -84 | -114 | 283 | -173 | 310 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 28,750 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -70,372 | 4,798 | 11,560 | 3,780 | -3,722 | 59,471 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -70,372 | 4,798 | 11,560 | 3,780 | -3,722 | 59,471 |
red direct clothing limited Credit Report and Business Information
Red Direct Clothing Limited Competitor Analysis
Perform a competitor analysis for red direct clothing limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in BS32 area or any other competitors across 12 key performance metrics.
red direct clothing limited Ownership
RED DIRECT CLOTHING LIMITED group structure
Red Direct Clothing Limited has no subsidiary companies.
Ultimate parent company
1 parent
RED DIRECT CLOTHING LIMITED
02620756
red direct clothing limited directors
Red Direct Clothing Limited currently has 1 director, Mr Anthony Brown serving since Oct 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Brown | Uk | 46 years | Oct 2014 | - | Director |
P&L
December 2014turnover
350k
+406%
operating profit
33.5k
0%
gross margin
22.7%
+2.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2014net assets
115.4k
+0.3%
total assets
176.7k
+0.65%
cash
717
-0.99%
net assets
Total assets minus all liabilities
red direct clothing limited company details
company number
02620756
Type
Private limited with Share Capital
industry
14190 - Manufacture of other wearing apparel and accessories
incorporation date
June 1991
age
34
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
December 2014
previous names
j m m embroidery limited (December 2014)
accountant
-
auditor
-
address
c/o tri group 2430-2440 the quad, aztec west, almondsbury, bristol, BS32 4AQ
Bank
BARCLAYS BANK PLC
Legal Advisor
-
red direct clothing 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 red direct clothing limited. Currently there are 1 open charges and 1 have been satisfied in the past.
red direct clothing 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 RED DIRECT CLOTHING LIMITED. This can take several minutes, an email will notify you when this has completed.
red direct clothing limited Companies House Filings - See Documents
| date | description | view/download |
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