red industries is ltd
red industries is ltd Company Information
Company Number
02836533
Next Accounts
Sep 2025
Industry
Building and industrial cleaning activities (other than window cleaning, specialised cleaning and furnace and chimney cleaning services) n.e.c.
Shareholders
red industries (brownhills) ltd
Group Structure
View All
Contact
Registered Address
unit 4 newlands court, attwood road, burntwood, staffordshire, WS7 3GF
red industries is ltd Estimated Valuation
Pomanda estimates the enterprise value of RED INDUSTRIES IS LTD at £1.7m based on a Turnover of £2.3m and 0.73x industry multiple (adjusted for size and gross margin).
red industries is ltd Estimated Valuation
Pomanda estimates the enterprise value of RED INDUSTRIES IS LTD at £2.6m based on an EBITDA of £664.2k and a 3.86x industry multiple (adjusted for size and gross margin).
red industries is ltd Estimated Valuation
Pomanda estimates the enterprise value of RED INDUSTRIES IS LTD at £2.8m based on Net Assets of £1.2m and 2.33x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Red Industries Is Ltd Overview
Red Industries Is Ltd is a live company located in burntwood, WS7 3GF with a Companies House number of 02836533. It operates in the other building and industrial cleaning activities sector, SIC Code 81229. Founded in July 1993, it's largest shareholder is red industries (brownhills) ltd with a 100% stake. Red Industries Is Ltd is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Red Industries Is Ltd Health Check
Pomanda's financial health check has awarded Red Industries Is Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
1 Weak
Size
annual sales of £2.3m, make it larger than the average company (£265k)
- Red Industries Is Ltd
£265k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (10.4%)
- Red Industries Is Ltd
10.4% - Industry AVG
Production
with a gross margin of 39.3%, this company has a comparable cost of product (39.3%)
- Red Industries Is Ltd
39.3% - Industry AVG
Profitability
an operating margin of 26.3% make it more profitable than the average company (6.8%)
- Red Industries Is Ltd
6.8% - Industry AVG
Employees
with 27 employees, this is above the industry average (7)
27 - Red Industries Is Ltd
7 - Industry AVG
Pay Structure
on an average salary of £13.8k, the company has an equivalent pay structure (£13.8k)
- Red Industries Is Ltd
£13.8k - Industry AVG
Efficiency
resulting in sales per employee of £85.9k, this is more efficient (£59.9k)
- Red Industries Is Ltd
£59.9k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is near the average (62 days)
- Red Industries Is Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (18 days)
- Red Industries Is Ltd
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Red Industries Is Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is average cash available to meet short term requirements (22 weeks)
18 weeks - Red Industries Is Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.8%, this is a lower level of debt than the average (77.5%)
61.8% - Red Industries Is Ltd
77.5% - Industry AVG
RED INDUSTRIES IS LTD financials
Red Industries Is Ltd's latest turnover from December 2023 is estimated at £2.3 million and the company has net assets of £1.2 million. According to their latest financial statements, Red Industries Is Ltd has 27 employees and maintains cash reserves of £683.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 27 | 30 | 27 | 27 | 36 | 27 | 24 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 105,070 | 73,190 | 157,321 | 221,499 | 380,153 | 387,776 | 480,216 | 499,166 | 151,987 | 134,221 | 117,994 | 232,348 | 348,665 | 262,880 | 240,060 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 105,070 | 73,190 | 157,321 | 221,499 | 412,153 | 419,776 | 512,216 | 531,166 | 183,987 | 166,221 | 149,994 | 264,348 | 380,665 | 294,880 | 240,060 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,000 | 9,000 | 9,000 | 9,000 | 21,000 | 19,842 | 19,250 |
| Trade Debtors | 418,107 | 432,165 | 638,907 | 750,272 | 1,415,577 | 905,221 | 858,607 | 724,880 | 1,117,357 | 768,822 | 747,155 | 576,505 | 510,473 | 394,590 | 336,542 |
| Group Debtors | 1,846,033 | 548,418 | 1,023,448 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 97,914 | 73,852 | 154,474 | 100,179 | 0 | 391,050 | 289,282 | 297,243 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 683,810 | 129,548 | 58,129 | 806,023 | 40,936 | 122,054 | 43,793 | 29,132 | 48,648 | 33,301 | 37,822 | 37,353 | 43,469 | 135,946 | 162,128 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,045,864 | 1,183,983 | 1,874,958 | 1,656,474 | 1,456,513 | 1,418,325 | 1,191,682 | 1,051,255 | 1,175,005 | 811,123 | 793,977 | 622,858 | 574,942 | 550,378 | 517,920 |
| total assets | 3,150,934 | 1,257,173 | 2,032,279 | 1,877,973 | 1,868,666 | 1,838,101 | 1,703,898 | 1,582,421 | 1,358,992 | 977,344 | 943,971 | 887,206 | 955,607 | 845,258 | 757,980 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 235,313 | 206,932 | 226,190 | 329,574 | 664,390 | 286,617 | 417,372 | 367,863 | 941,899 | 545,576 | 452,529 | 306,552 | 291,944 | 256,696 | 239,161 |
| Group/Directors Accounts | 1,491,450 | 0 | 474,482 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 177,071 | 145,840 | 167,497 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 205,269 | 273,325 | 427,890 | 665,662 | 0 | 297,320 | 199,084 | 197,415 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,932,032 | 480,257 | 1,128,562 | 995,236 | 664,390 | 761,008 | 762,296 | 732,775 | 941,899 | 545,576 | 452,529 | 306,552 | 291,944 | 256,696 | 239,161 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 41,006 | 0 | 0 | 375,571 | 391,738 | 469,759 | 462,524 | 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 | 0 | 0 | 141,567 | 229,967 | 0 | 0 | 0 | 0 | 118,098 | 107,961 | 71,379 | 107,069 | 145,947 | 14,787 | 0 |
| provisions | 15,500 | 6,552 | 6,552 | 6,552 | 36,681 | 30,326 | 39,734 | 31,966 | 19,570 | 13,640 | 6,639 | 24,735 | 45,142 | 42,932 | 0 |
| total long term liabilities | 15,500 | 47,558 | 148,119 | 236,519 | 412,252 | 422,064 | 509,493 | 494,490 | 137,668 | 121,601 | 78,018 | 131,804 | 191,089 | 57,719 | 0 |
| total liabilities | 1,947,532 | 527,815 | 1,276,681 | 1,231,755 | 1,076,642 | 1,183,072 | 1,271,789 | 1,227,265 | 1,079,567 | 667,177 | 530,547 | 438,356 | 483,033 | 314,415 | 239,161 |
| net assets | 1,203,402 | 729,358 | 755,598 | 646,218 | 792,024 | 655,029 | 432,109 | 355,156 | 279,425 | 310,167 | 413,424 | 448,850 | 472,574 | 530,843 | 518,819 |
| total shareholders funds | 1,203,402 | 729,358 | 755,598 | 646,218 | 792,024 | 655,029 | 432,109 | 355,156 | 279,425 | 310,167 | 413,424 | 448,850 | 472,574 | 530,843 | 518,819 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 53,470 | 79,335 | 107,971 | 238,737 | 199,974 | 188,240 | 200,150 | 164,033 | 101,070 | 105,500 | 112,986 | 116,920 | 118,033 | 47,338 | 2,146 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,000 | 0 | 0 | 0 | -12,000 | 1,158 | 592 | 19,250 |
| Debtors | 1,307,619 | -762,394 | 966,378 | -565,126 | 119,306 | 148,382 | 125,766 | -95,234 | 348,535 | 21,667 | 170,650 | 66,032 | 115,883 | 58,048 | 336,542 |
| Creditors | 28,381 | -19,258 | -103,384 | -334,816 | 377,773 | -130,755 | 49,509 | -574,036 | 396,323 | 93,047 | 145,977 | 14,608 | 35,248 | 17,535 | 239,161 |
| Accruals and Deferred Income | -68,056 | -154,565 | -237,772 | 665,662 | -297,320 | 98,236 | 1,669 | 197,415 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 8,948 | 0 | 0 | -30,129 | 6,355 | -9,408 | 7,768 | 12,396 | 5,930 | 7,001 | -18,096 | -20,407 | 2,210 | 42,932 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | -32,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32,000 | 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 | 1,491,450 | -474,482 | 474,482 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -41,006 | 41,006 | 0 | -375,571 | -193,238 | -46,790 | -14,422 | 630,021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -141,567 | -88,400 | 229,967 | 0 | 0 | 0 | -118,098 | 10,137 | 36,582 | -35,690 | -38,878 | 131,160 | 14,787 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 554,262 | 71,419 | -747,894 | 765,087 | -81,118 | 78,261 | 14,661 | -19,516 | 15,347 | -4,521 | 469 | -6,116 | -92,477 | -26,182 | 162,128 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 554,262 | 71,419 | -747,894 | 765,087 | -81,118 | 78,261 | 14,661 | -19,516 | 15,347 | -4,521 | 469 | -6,116 | -92,477 | -26,182 | 162,128 |
red industries is ltd Credit Report and Business Information
Red Industries Is Ltd Competitor Analysis
Perform a competitor analysis for red industries is ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in WS7 area or any other competitors across 12 key performance metrics.
red industries is ltd Ownership
RED INDUSTRIES IS LTD group structure
Red Industries Is Ltd has no subsidiary companies.
Ultimate parent company
2 parents
RED INDUSTRIES IS LTD
02836533
red industries is ltd directors
Red Industries Is Ltd currently has 3 directors. The longest serving directors include Mr Adam Share (Dec 2020) and Mr Stephen Lyon (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Share | England | 54 years | Dec 2020 | - | Director |
| Mr Stephen Lyon | 58 years | Apr 2021 | - | Director | |
| Mr Nigel Bowen | England | 57 years | Sep 2021 | - | Director |
P&L
December 2023turnover
2.3m
+10%
operating profit
610.7k
0%
gross margin
39.3%
+16.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.2m
+0.65%
total assets
3.2m
+1.51%
cash
683.8k
+4.28%
net assets
Total assets minus all liabilities
red industries is ltd company details
company number
02836533
Type
Private limited with Share Capital
industry
81229 - Building and industrial cleaning activities (other than window cleaning, specialised cleaning and furnace and chimney cleaning services) n.e.c.
incorporation date
July 1993
age
32
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
pro-clean industrial services limited (March 2021)
accountant
DJH AUDIT LTD
auditor
-
address
unit 4 newlands court, attwood road, burntwood, staffordshire, WS7 3GF
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
red industries is ltd 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 5 charges/mortgages relating to red industries is ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
red industries is ltd 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 INDUSTRIES IS LTD. This can take several minutes, an email will notify you when this has completed.
red industries is ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
