redbridge bengali association

2.5

redbridge bengali association Company Information

Share REDBRIDGE BENGALI ASSOCIATION
Live 
MatureMicroDeclining

Company Number

03319137

Registered Address

109 highwood gardens, ilford, essex, IG5 0AY

Industry

Activities of other membership organisations n.e.c.

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

View All

Directors

Jehangir Alam10 Years

Rosey Salam6 Years

View All

Shareholders

-0%

redbridge bengali association Estimated Valuation

£76.4k

Pomanda estimates the enterprise value of REDBRIDGE BENGALI ASSOCIATION at £76.4k based on a Turnover of £165k and 0.46x industry multiple (adjusted for size and gross margin).

redbridge bengali association Estimated Valuation

£0

Pomanda estimates the enterprise value of REDBRIDGE BENGALI ASSOCIATION at £0 based on an EBITDA of £-3.7k and a 3.67x industry multiple (adjusted for size and gross margin).

redbridge bengali association Estimated Valuation

£83.3k

Pomanda estimates the enterprise value of REDBRIDGE BENGALI ASSOCIATION at £83.3k based on Net Assets of £25.4k and 3.28x industry multiple (adjusted for liquidity).

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Redbridge Bengali Association Overview

Redbridge Bengali Association is a live company located in essex, IG5 0AY with a Companies House number of 03319137. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in February 1997, it's largest shareholder is unknown. Redbridge Bengali Association is a mature, micro sized company, Pomanda has estimated its turnover at £165k with declining growth in recent years.

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Redbridge Bengali Association Health Check

Pomanda's financial health check has awarded Redbridge Bengali Association a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £165k, make it smaller than the average company (£413.7k)

£165k - Redbridge Bengali Association

£413.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.7%)

-2% - Redbridge Bengali Association

4.7% - Industry AVG

production

Production

with a gross margin of 26.8%, this company has a higher cost of product (50%)

26.8% - Redbridge Bengali Association

50% - Industry AVG

profitability

Profitability

an operating margin of -2.2% make it less profitable than the average company (2.3%)

-2.2% - Redbridge Bengali Association

2.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (9)

2 - Redbridge Bengali Association

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.3k, the company has an equivalent pay structure (£25.3k)

£25.3k - Redbridge Bengali Association

£25.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £82.5k, this is more efficient (£53.7k)

£82.5k - Redbridge Bengali Association

£53.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 56 days, this is later than average (14 days)

56 days - Redbridge Bengali Association

14 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (30 days)

0 days - Redbridge Bengali Association

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Redbridge Bengali Association

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Redbridge Bengali Association

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (13.8%)

0.1% - Redbridge Bengali Association

13.8% - Industry AVG

REDBRIDGE BENGALI ASSOCIATION financials

EXPORTms excel logo

Redbridge Bengali Association's latest turnover from March 2023 is estimated at £165 thousand and the company has net assets of £25.4 thousand. According to their latest financial statements, we estimate that Redbridge Bengali Association has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover165,031186,748187,050178,049171,514148,587101,2561,932121,86880,7333952,5547,58713,042
Other Income Or Grants00000000000000
Cost Of Sales120,864130,498138,947127,508120,973104,51069,0011,38690,19761,2853051,8715,4189,036
Gross Profit44,16756,25148,10250,54150,54144,07732,25654631,67119,448906832,1694,006
Admin Expenses47,88356,17147,76149,63143,82435,76527,073-4,73628,73615,245-1,9387,331-445-2,929
Operating Profit-3,716803419106,7178,3125,1835,2822,9354,2032,028-6,6482,6146,935
Interest Payable00000000000000
Interest Receivable000000144732184176144
Pre-Tax Profit-3,716803419106,7178,3125,1985,3292,9674,2212,032-6,6312,6756,979
Tax0-15-65-173-1,276-1,579-1,039-1,066-623-971-4880-749-1,954
Profit After Tax-3,716652767375,4416,7334,1584,2632,3443,2501,544-6,6311,9265,025
Dividends Paid00000000000000
Retained Profit-3,716652767375,4416,7334,1584,2632,3443,2501,544-6,6311,9265,025
Employee Costs50,59674,09373,07871,41246,69646,24846,56723,45847,14624,12524,44624,62224,62224,693
Number Of Employees23332221211111
EBITDA*-3,716803419106,7178,3125,1835,3023,1024,2032,148-6,4982,8027,055

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets0000006480100267482602752480
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets0000006480100267482602752480
Stock & work in progress00000000000000
Trade Debtors25,42829,14429,36629,09029,03324,52716,06520012,64010,850402751,000616
Group Debtors00000000000000
Misc Debtors00000000000000
Cash000000011,4417,3195,6771,3422586,72817,579
misc current assets00000000000000
total current assets25,42829,14429,36629,09029,03324,52716,06511,64119,95916,5271,3825337,72818,195
total assets25,42829,14429,36629,09029,03324,52716,12911,72120,05916,7941,8641,1358,48018,675
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 13133003009801,9152500011,68008151,52913,650
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities13133003009801,9152500011,68008151,52913,650
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities0000000012,60100000
provisions00000000000000
total long term liabilities0000000012,60100000
total liabilities13133003009801,915250012,60111,68008151,52913,650
net assets25,41529,13129,06628,79028,05322,61215,87911,7217,4585,1141,8643206,9515,025
total shareholders funds25,41529,13129,06628,79028,05322,61215,87911,7217,4585,1141,8643206,9515,025
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-3,716803419106,7178,3125,1835,2822,9354,2032,028-6,6482,6146,935
Depreciation0000000201670120150188120
Amortisation00000000000000
Tax0-15-65-173-1,276-1,579-1,039-1,066-623-971-4880-749-1,954
Stock00000000000000
Debtors-3,716-222276574,5068,46215,865-12,4401,79010,810-235-725384616
Creditors0-2870-680-9351,6652500-11,68011,680-815-714-12,12113,650
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations00000-64-11,47116,676-10,9914,1021,080-6,487-10,45218,135
Investing Activities
capital expenditure0000064160021500-460-600
Change in Investments00000000000000
cash flow from investments0000064160021500-460-600
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities0000000-12,60112,60100000
share issue00000000000000
interest000000144732184176144
cash flow from financing00000014-12,55412,633184176144
cash and cash equivalents
cash000000-11,4414,1221,6424,3351,084-6,470-10,85117,579
overdraft00000000000000
change in cash000000-11,4414,1221,6424,3351,084-6,470-10,85117,579

redbridge bengali association Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Redbridge Bengali Association Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for redbridge bengali association by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in IG5 area or any other competitors across 12 key performance metrics.

redbridge bengali association Ownership

REDBRIDGE BENGALI ASSOCIATION group structure

Redbridge Bengali Association has no subsidiary companies.

Ultimate parent company

REDBRIDGE BENGALI ASSOCIATION

03319137

REDBRIDGE BENGALI ASSOCIATION Shareholders

--

redbridge bengali association directors

Redbridge Bengali Association currently has 3 directors. The longest serving directors include Mr Jehangir Alam (Nov 2013) and Mrs Rosey Salam (Mar 2018).

officercountryagestartendrole
Mr Jehangir AlamEngland73 years Nov 2013- Director
Mrs Rosey SalamEngland70 years Mar 2018- Director
Mrs Lutfa Bhuyian75 years May 2024- Director

P&L

March 2023

turnover

165k

-12%

operating profit

-3.7k

0%

gross margin

26.8%

-11.15%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

25.4k

-0.13%

total assets

25.4k

-0.13%

cash

0

0%

net assets

Total assets minus all liabilities

redbridge bengali association company details

company number

03319137

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

94990 - Activities of other membership organisations n.e.c.

incorporation date

February 1997

age

27

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2023

address

109 highwood gardens, ilford, essex, IG5 0AY

accountant

-

auditor

-

redbridge bengali association 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 redbridge bengali association.

charges

redbridge bengali association Companies House Filings - See Documents

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