24 ray street management limited
24 ray street management limited Company Information
Company Number
03266368
Next Accounts
Sep 2025
Industry
Combined facilities support activities
Shareholders
teta global limited
alexisdmitri zenghelis
View AllGroup Structure
View All
Contact
Registered Address
80 coombe road 1st floor, 80 coombe road, new malden, surrey, KT3 4QS
Website
-24 ray street management limited Estimated Valuation
Pomanda estimates the enterprise value of 24 RAY STREET MANAGEMENT LIMITED at £7.3k based on a Turnover of £17.4k and 0.42x industry multiple (adjusted for size and gross margin).
24 ray street management limited Estimated Valuation
Pomanda estimates the enterprise value of 24 RAY STREET MANAGEMENT LIMITED at £2.9k based on an EBITDA of £819 and a 3.59x industry multiple (adjusted for size and gross margin).
24 ray street management limited Estimated Valuation
Pomanda estimates the enterprise value of 24 RAY STREET MANAGEMENT LIMITED at £58.3k based on Net Assets of £23.8k and 2.45x industry multiple (adjusted for liquidity).
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24 Ray Street Management Limited Overview
24 Ray Street Management Limited is a live company located in new malden, KT3 4QS with a Companies House number of 03266368. It operates in the combined facilities support activities sector, SIC Code 81100. Founded in October 1996, it's largest shareholder is teta global limited with a 25% stake. 24 Ray Street Management Limited is a mature, micro sized company, Pomanda has estimated its turnover at £17.4k with high growth in recent years.
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24 Ray Street Management Limited Health Check
Pomanda's financial health check has awarded 24 Ray Street Management Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £17.4k, make it smaller than the average company (£10.8m)
- 24 Ray Street Management Limited
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (6.5%)
- 24 Ray Street Management Limited
6.5% - Industry AVG
Production
with a gross margin of 19.1%, this company has a comparable cost of product (19.1%)
- 24 Ray Street Management Limited
19.1% - Industry AVG
Profitability
an operating margin of 4.7% make it as profitable than the average company (4%)
- 24 Ray Street Management Limited
4% - Industry AVG
Employees
with 1 employees, this is below the industry average (193)
- 24 Ray Street Management Limited
193 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- 24 Ray Street Management Limited
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £17.4k, this is less efficient (£82.7k)
- 24 Ray Street Management Limited
£82.7k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (41 days)
- 24 Ray Street Management Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (21 days)
- 24 Ray Street Management Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 24 Ray Street Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 95 weeks, this is more cash available to meet short term requirements (21 weeks)
95 weeks - 24 Ray Street Management Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.8%, this is a lower level of debt than the average (76%)
44.8% - 24 Ray Street Management Limited
76% - Industry AVG
24 RAY STREET MANAGEMENT LIMITED financials
24 Ray Street Management Limited's latest turnover from December 2023 is estimated at £17.4 thousand and the company has net assets of £23.8 thousand. According to their latest financial statements, we estimate that 24 Ray Street Management Limited has 1 employee and maintains cash reserves of £35.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,003 | |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 814 | 2,855 | 3,576 | -784 | 629 | 1,436 | 494 | 2,839 | 3,520 | 4,128 | 1,427 | -9,383 | 2,273 | -10,882 | |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 12 | 15 | |
| Pre-Tax Profit | 814 | 2,855 | 3,576 | -784 | 629 | 1,436 | 494 | 2,839 | 3,520 | 4,128 | 1,427 | -9,373 | 2,285 | -10,867 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | -4 | 0 | -42 | 0 | |
| Profit After Tax | 814 | 2,855 | 3,576 | -784 | 629 | 1,436 | 494 | 2,839 | 3,520 | 4,126 | 1,423 | -9,373 | 2,243 | -10,867 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 814 | 2,855 | 3,576 | -784 | 629 | 1,436 | 494 | 2,839 | 3,520 | 4,126 | 1,423 | -9,373 | 2,243 | -10,867 | |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 814 | 2,855 | 3,576 | -784 | 629 | 1,436 | 494 | 2,839 | 3,520 | 4,128 | 1,427 | -9,383 | 2,273 | -10,882 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,600 | 0 | 26 | 26 | 26 | 90 | 27 | 27 | 27 | 0 | 0 | 0 | 1,202 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,914 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 35,631 | 35,410 | 23,786 | 20,931 | 17,371 | 18,128 | 16,299 | 15,963 | 15,553 | 13,041 | 9,415 | 5,284 | 3,485 | 41,918 | 36,424 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 750 | 671 | 750 | 750 | 750 | 0 | 91 | 0 |
| total current assets | 43,145 | 35,410 | 23,812 | 20,957 | 17,397 | 18,218 | 16,326 | 16,740 | 16,251 | 13,791 | 10,165 | 6,034 | 4,687 | 42,009 | 36,424 |
| total assets | 43,145 | 35,410 | 23,812 | 20,957 | 17,397 | 18,218 | 16,326 | 16,740 | 16,251 | 13,791 | 10,165 | 6,034 | 4,687 | 42,009 | 36,424 |
| 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 | 79 | 0 | 1,236 | 1,234 | 1,250 | 1,287 | 24 | 0 | 0 | 0 | 0 | 0 | 1,406 | 0 | 159 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 13,041 | 1,041 | 1,041 | 1,041 | 1,041 | 1,041 | 1,041 | 1,041 | 1,041 | 1,041 | 1,041 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 19,254 | 20 | 0 | 0 | 0 | 0 | 0 | 1,874 | 1,879 | 2,258 | 2,152 | 2,147 | 1,858 | 3,713 | 2,712 |
| total current liabilities | 19,333 | 13,061 | 2,277 | 2,275 | 2,291 | 2,328 | 1,065 | 2,915 | 2,920 | 3,299 | 3,193 | 3,188 | 3,264 | 3,713 | 2,871 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 19,333 | 13,061 | 2,277 | 2,275 | 2,291 | 2,328 | 1,065 | 2,915 | 2,920 | 3,299 | 3,193 | 3,188 | 3,264 | 3,713 | 2,871 |
| net assets | 23,812 | 22,349 | 21,535 | 18,682 | 15,106 | 15,890 | 15,261 | 13,825 | 13,331 | 10,492 | 6,972 | 2,846 | 1,423 | 38,296 | 33,553 |
| total shareholders funds | 23,812 | 22,349 | 21,535 | 18,682 | 15,106 | 15,890 | 15,261 | 13,825 | 13,331 | 10,492 | 6,972 | 2,846 | 1,423 | 38,296 | 33,553 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 814 | 2,855 | 3,576 | -784 | 629 | 1,436 | 494 | 2,839 | 3,520 | 4,128 | 1,427 | -9,383 | 2,273 | -10,882 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | -4 | 0 | -42 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 7,514 | -26 | 0 | 0 | -64 | 63 | 0 | 0 | 27 | 0 | 0 | -1,202 | 1,202 | 0 | 0 |
| Creditors | 79 | -1,236 | 2 | -16 | -37 | 1,263 | 24 | 0 | 0 | 0 | 0 | -1,406 | 1,406 | -159 | 159 |
| Accruals and Deferred Income | 19,234 | 20 | 0 | 0 | 0 | 0 | -1,874 | -5 | -379 | 106 | 5 | 289 | -1,855 | 1,001 | 2,712 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -376 | 2,857 | 3,560 | -757 | 1,829 | -414 | 489 | 2,433 | 3,626 | 4,131 | 1,508 | -11,034 | 3,073 | -8,011 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -13,041 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,041 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 12 | 15 | ||
| cash flow from financing | 12,000 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,041 | -27,490 | 2,512 | 44,435 | ||
| cash and cash equivalents | |||||||||||||||
| cash | 221 | 11,624 | 2,855 | 3,560 | -757 | 1,829 | 336 | 410 | 2,512 | 3,626 | 4,131 | 1,799 | -38,433 | 5,494 | 36,424 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 221 | 11,624 | 2,855 | 3,560 | -757 | 1,829 | 336 | 410 | 2,512 | 3,626 | 4,131 | 1,799 | -38,433 | 5,494 | 36,424 |
24 ray street management limited Credit Report and Business Information
24 Ray Street Management Limited Competitor Analysis
Perform a competitor analysis for 24 ray street management limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in KT3 area or any other competitors across 12 key performance metrics.
24 ray street management limited Ownership
24 RAY STREET MANAGEMENT LIMITED group structure
24 Ray Street Management Limited has no subsidiary companies.
Ultimate parent company
24 RAY STREET MANAGEMENT LIMITED
03266368
24 ray street management limited directors
24 Ray Street Management Limited currently has 3 directors. The longest serving directors include Mr Timothy MacFarlane (Nov 1996) and Ms Pui Yuen (Nov 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy MacFarlane | Scotland | 74 years | Nov 1996 | - | Director |
| Ms Pui Yuen | United Kingdom | 51 years | Nov 2004 | - | Director |
| Mr Alexis Zenghelis | United Kingdom | 56 years | Dec 2009 | - | Director |
P&L
December 2023turnover
17.4k
+93%
operating profit
819.4
0%
gross margin
19.1%
-0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
23.8k
+0.07%
total assets
43.1k
+0.22%
cash
35.6k
+0.01%
net assets
Total assets minus all liabilities
24 ray street management limited company details
company number
03266368
Type
Private limited with Share Capital
industry
81100 - Combined facilities support activities
incorporation date
October 1996
age
29
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
LILES MORRIS LIMITED
auditor
-
address
80 coombe road 1st floor, 80 coombe road, new malden, surrey, KT3 4QS
Bank
-
Legal Advisor
-
24 ray street management 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 did not find charges/mortgages relating to 24 ray street management limited.
24 ray street management 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.
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24 ray street management limited Companies House Filings - See Documents
| date | description | view/download |
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