redbridge bengali association Company Information
Company Number
03319137
Website
http://rbauk.orgRegistered 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
Shareholders
-0%
redbridge bengali association Estimated Valuation
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
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
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](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
2 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
7 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £165k, make it smaller than the average company (£413.7k)
- Redbridge Bengali Association
£413.7k - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.7%)
- Redbridge Bengali Association
4.7% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 26.8%, this company has a higher cost of product (50%)
- Redbridge Bengali Association
50% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -2.2% make it less profitable than the average company (2.3%)
- Redbridge Bengali Association
2.3% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 2 employees, this is below the industry average (9)
- Redbridge Bengali Association
9 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £25.3k, the company has an equivalent pay structure (£25.3k)
- Redbridge Bengali Association
£25.3k - Industry AVG
![efficiency](/assets/images/scoreRate2.png)
Efficiency
resulting in sales per employee of £82.5k, this is more efficient (£53.7k)
- Redbridge Bengali Association
£53.7k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 56 days, this is later than average (14 days)
- Redbridge Bengali Association
14 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (30 days)
- Redbridge Bengali Association
30 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Redbridge Bengali Association
- - Industry AVG
![cashbalance](/assets/images/scoreRate-1.png)
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Redbridge Bengali Association
- - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
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
![ms excel logo](/assets/images/ms_excel_logo.png)
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 House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 64 | 80 | 100 | 267 | 482 | 602 | 752 | 480 |
Intangible Assets | 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 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 64 | 80 | 100 | 267 | 482 | 602 | 752 | 480 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 25,428 | 29,144 | 29,366 | 29,090 | 29,033 | 24,527 | 16,065 | 200 | 12,640 | 10,850 | 40 | 275 | 1,000 | 616 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,441 | 7,319 | 5,677 | 1,342 | 258 | 6,728 | 17,579 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 25,428 | 29,144 | 29,366 | 29,090 | 29,033 | 24,527 | 16,065 | 11,641 | 19,959 | 16,527 | 1,382 | 533 | 7,728 | 18,195 |
total assets | 25,428 | 29,144 | 29,366 | 29,090 | 29,033 | 24,527 | 16,129 | 11,721 | 20,059 | 16,794 | 1,864 | 1,135 | 8,480 | 18,675 |
Bank overdraft | 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 |
Trade Creditors | 13 | 13 | 300 | 300 | 980 | 1,915 | 250 | 0 | 0 | 11,680 | 0 | 815 | 1,529 | 13,650 |
Group/Directors Accounts | 0 | 0 | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 13 | 13 | 300 | 300 | 980 | 1,915 | 250 | 0 | 0 | 11,680 | 0 | 815 | 1,529 | 13,650 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,601 | 0 | 0 | 0 | 0 | 0 |
provisions | 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 | 12,601 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 13 | 13 | 300 | 300 | 980 | 1,915 | 250 | 0 | 12,601 | 11,680 | 0 | 815 | 1,529 | 13,650 |
net assets | 25,415 | 29,131 | 29,066 | 28,790 | 28,053 | 22,612 | 15,879 | 11,721 | 7,458 | 5,114 | 1,864 | 320 | 6,951 | 5,025 |
total shareholders funds | 25,415 | 29,131 | 29,066 | 28,790 | 28,053 | 22,612 | 15,879 | 11,721 | 7,458 | 5,114 | 1,864 | 320 | 6,951 | 5,025 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 20 | 167 | 120 | 150 | 188 | 120 | ||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -3,716 | -222 | 276 | 57 | 4,506 | 8,462 | 15,865 | -12,440 | 1,790 | 10,810 | -235 | -725 | 384 | 616 |
Creditors | 0 | -287 | 0 | -680 | -935 | 1,665 | 250 | 0 | -11,680 | 11,680 | -815 | -714 | -12,121 | 13,650 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 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 |
Group/Directors Accounts | 0 | 0 | 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 |
Long term loans | 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 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,601 | 12,601 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -11,441 | 4,122 | 1,642 | 4,335 | 1,084 | -6,470 | -10,851 | 17,579 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -11,441 | 4,122 | 1,642 | 4,335 | 1,084 | -6,470 | -10,851 | 17,579 |
redbridge bengali association Credit Report and Business Information
Redbridge Bengali Association Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
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 directors
Redbridge Bengali Association currently has 3 directors. The longest serving directors include Mr Jehangir Alam (Nov 2013) and Mrs Rosey Salam (Mar 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jehangir Alam | England | 73 years | Nov 2013 | - | Director |
Mrs Rosey Salam | England | 70 years | Mar 2018 | - | Director |
Mrs Lutfa Bhuyian | 75 years | May 2024 | - | Director |
P&L
March 2023turnover
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 2023net 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
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](/assets/images/company_charges.png)
redbridge bengali association Companies House Filings - See Documents
date | description | view/download |
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