reddiplex limited
reddiplex limited Company Information
Company Number
02922638
Next Accounts
Jan 2026
Shareholders
reddiplex group ltd
Group Structure
View All
Industry
Manufacture of other rubber products
+3Registered Address
the furlong, droitwich, worcestershire, WR9 9BG
Website
www.reddiplex.comreddiplex limited Estimated Valuation
Pomanda estimates the enterprise value of REDDIPLEX LIMITED at £4.5m based on a Turnover of £9.1m and 0.49x industry multiple (adjusted for size and gross margin).
reddiplex limited Estimated Valuation
Pomanda estimates the enterprise value of REDDIPLEX LIMITED at £0 based on an EBITDA of £-76.1k and a 3.85x industry multiple (adjusted for size and gross margin).
reddiplex limited Estimated Valuation
Pomanda estimates the enterprise value of REDDIPLEX LIMITED at £2.1m based on Net Assets of £1.2m and 1.85x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Reddiplex Limited Overview
Reddiplex Limited is a live company located in worcestershire, WR9 9BG with a Companies House number of 02922638. It operates in the manufacture of other rubber products sector, SIC Code 22190. Founded in April 1994, it's largest shareholder is reddiplex group ltd with a 100% stake. Reddiplex Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.1m with healthy growth in recent years.
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Reddiplex Limited Health Check
Pomanda's financial health check has awarded Reddiplex Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £9.1m, make it smaller than the average company (£14.7m)
- Reddiplex Limited
£14.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (8.8%)
- Reddiplex Limited
8.8% - Industry AVG
Production
with a gross margin of 21.2%, this company has a higher cost of product (29.2%)
- Reddiplex Limited
29.2% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (5.6%)
- Reddiplex Limited
5.6% - Industry AVG
Employees
with 47 employees, this is below the industry average (76)
47 - Reddiplex Limited
76 - Industry AVG
Pay Structure
on an average salary of £43.7k, the company has an equivalent pay structure (£43.7k)
- Reddiplex Limited
£43.7k - Industry AVG
Efficiency
resulting in sales per employee of £193k, this is equally as efficient (£202.8k)
- Reddiplex Limited
£202.8k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (58 days)
- Reddiplex Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 180 days, this is slower than average (39 days)
- Reddiplex Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 44 days, this is less than average (81 days)
- Reddiplex Limited
81 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (13 weeks)
22 weeks - Reddiplex Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.3%, this is a higher level of debt than the average (38.1%)
75.3% - Reddiplex Limited
38.1% - Industry AVG
REDDIPLEX LIMITED financials
Reddiplex Limited's latest turnover from April 2024 is estimated at £9.1 million and the company has net assets of £1.2 million. According to their latest financial statements, Reddiplex Limited has 47 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 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 | 47 | 54 | |||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 | 8,907 |
| Stock & work in progress | 874,883 | 885,444 | 914,457 | 759,548 | 920,763 | 861,640 | 779,259 | 809,171 | 775,297 | 678,115 | 616,624 | 508,495 | 560,518 | 461,460 | 425,811 |
| Trade Debtors | 2,265,105 | 1,802,762 | 2,694,607 | 1,766,909 | 1,409,240 | 1,717,435 | 1,959,094 | 1,858,264 | 2,045,468 | 2,405,320 | 1,601,718 | 1,669,222 | 1,559,939 | 1,656,357 | 1,577,468 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 1,553,213 | 1,373,546 | 1,331,181 | 659,540 | 98,006 | 101,103 | 102,480 | 37,669 | 64,171 | 39,641 | 48,878 | 38,451 | 35,118 | 43,636 | 39,170 |
| misc current assets | |||||||||||||||
| total current assets | 4,693,201 | 4,061,752 | 4,940,245 | 3,185,997 | 2,428,009 | 2,680,178 | 2,840,833 | 2,705,104 | 2,884,936 | 3,123,076 | 2,267,220 | 2,216,168 | 2,155,575 | 2,161,453 | 2,042,449 |
| total assets | 4,702,108 | 4,070,659 | 4,949,152 | 3,194,904 | 2,436,916 | 2,689,085 | 2,849,740 | 2,714,011 | 2,893,843 | 3,131,983 | 2,276,127 | 2,225,075 | 2,164,482 | 2,170,360 | 2,051,356 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 3,542,079 | 2,911,207 | 3,790,420 | 2,036,577 | 1,279,462 | 1,532,516 | 1,693,701 | 1,558,116 | 1,738,570 | 1,977,235 | 1,120,966 | 1,073,071 | 1,140,200 | 1,148,659 | 1,079,959 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 3,542,079 | 2,911,207 | 3,790,420 | 2,036,577 | 1,279,462 | 1,532,516 | 1,693,701 | 1,558,116 | 1,738,570 | 1,977,235 | 1,120,966 | 1,073,071 | 1,140,200 | 1,148,659 | 1,079,959 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 3,542,079 | 2,911,207 | 3,790,420 | 2,036,577 | 1,279,462 | 1,532,516 | 1,693,701 | 1,558,116 | 1,738,570 | 1,977,235 | 1,120,966 | 1,073,071 | 1,140,200 | 1,148,659 | 1,079,959 |
| net assets | 1,160,029 | 1,159,452 | 1,158,732 | 1,158,327 | 1,157,454 | 1,156,569 | 1,156,039 | 1,155,895 | 1,155,273 | 1,154,748 | 1,155,161 | 1,152,004 | 1,024,282 | 1,021,701 | 971,397 |
| total shareholders funds | 1,160,029 | 1,159,452 | 1,158,732 | 1,158,327 | 1,157,454 | 1,156,569 | 1,156,039 | 1,155,895 | 1,155,273 | 1,154,748 | 1,155,161 | 1,152,004 | 1,024,282 | 1,021,701 | 971,397 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -10,561 | -29,013 | 154,909 | -161,215 | 59,123 | 82,381 | -29,912 | 33,874 | 97,182 | 61,491 | 108,129 | -52,023 | 99,058 | 35,649 | 425,811 |
| Debtors | 462,343 | -891,845 | 927,698 | 357,669 | -308,195 | -241,659 | 100,830 | -187,204 | -359,852 | 803,602 | -67,504 | 109,283 | -96,418 | 78,889 | 1,577,468 |
| Creditors | 630,872 | -879,213 | 1,753,843 | 757,115 | -253,054 | -161,185 | 135,585 | -180,454 | -238,665 | 856,269 | 47,895 | -67,129 | -8,459 | 68,700 | 1,079,959 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 8,907 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 179,667 | 42,365 | 671,641 | 561,534 | -3,097 | -1,377 | 64,811 | -26,502 | 24,530 | -9,237 | 10,427 | 3,333 | -8,518 | 4,466 | 39,170 |
| overdraft | |||||||||||||||
| change in cash | 179,667 | 42,365 | 671,641 | 561,534 | -3,097 | -1,377 | 64,811 | -26,502 | 24,530 | -9,237 | 10,427 | 3,333 | -8,518 | 4,466 | 39,170 |
reddiplex limited Credit Report and Business Information
Reddiplex Limited Competitor Analysis
Perform a competitor analysis for reddiplex limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in WR9 area or any other competitors across 12 key performance metrics.
reddiplex limited Ownership
REDDIPLEX LIMITED group structure
Reddiplex Limited has 1 subsidiary company.
Ultimate parent company
2 parents
REDDIPLEX LIMITED
02922638
1 subsidiary
reddiplex limited directors
Reddiplex Limited currently has 5 directors. The longest serving directors include Mrs Janet Dawson (Apr 1994) and Mrs Louisa Morgan (Apr 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Janet Dawson | United Kingdom | 89 years | Apr 1994 | - | Director |
| Mrs Louisa Morgan | 58 years | Apr 2003 | - | Director | |
| Mr Scott Ryman | United Kingdom | 52 years | Aug 2006 | - | Director |
| Mrs Madeline Senatore | United Kingdom | 71 years | May 2010 | - | Director |
| Mr Neil Dallamore | United Kingdom | 46 years | Feb 2019 | - | Director |
P&L
April 2024turnover
9.1m
+28%
operating profit
-76.1k
0%
gross margin
21.2%
+6.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
1.2m
0%
total assets
4.7m
+0.16%
cash
1.6m
+0.13%
net assets
Total assets minus all liabilities
Similar Companies
reddiplex limited company details
company number
02922638
Type
Private limited with Share Capital
industry
22190 - Manufacture of other rubber products
22210 - Manufacture of plastic plates, sheets, tubes and profiles
25730 - Manufacture of tools
incorporation date
April 1994
age
31
incorporated
UK
ultimate parent company
accounts
Audited Abridged
last accounts submitted
April 2024
previous names
reddiplex group limited (April 2007)
reddiplex group plc (April 2007)
accountant
-
auditor
BK PLUS AUDIT LIMITED
address
the furlong, droitwich, worcestershire, WR9 9BG
Bank
NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
reddiplex 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 5 charges/mortgages relating to reddiplex limited. Currently there are 0 open charges and 5 have been satisfied in the past.
reddiplex 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 REDDIPLEX LIMITED. This can take several minutes, an email will notify you when this has completed.
reddiplex limited Companies House Filings - See Documents
| date | description | view/download |
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