rich real estate limited
rich real estate limited Company Information
Company Number
03341701
Next Accounts
Dec 2025
Shareholders
rich property holdings ltd
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
43 portland road, london, W11 4LJ
Website
www.richgroup.co.ukrich real estate limited Estimated Valuation
Pomanda estimates the enterprise value of RICH REAL ESTATE LIMITED at £4.8m based on a Turnover of £1.5m and 3.09x industry multiple (adjusted for size and gross margin).
rich real estate limited Estimated Valuation
Pomanda estimates the enterprise value of RICH REAL ESTATE LIMITED at £14.8m based on an EBITDA of £2.2m and a 6.63x industry multiple (adjusted for size and gross margin).
rich real estate limited Estimated Valuation
Pomanda estimates the enterprise value of RICH REAL ESTATE LIMITED at £26.9m based on Net Assets of £17.1m and 1.58x industry multiple (adjusted for liquidity).
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Rich Real Estate Limited Overview
Rich Real Estate Limited is a live company located in london, W11 4LJ with a Companies House number of 03341701. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 1997, it's largest shareholder is rich property holdings ltd with a 100% stake. Rich Real Estate Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.
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Rich Real Estate Limited Health Check
Pomanda's financial health check has awarded Rich Real Estate Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £1.5m, make it larger than the average company (£815.5k)
- Rich Real Estate Limited
£815.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (3.1%)
- Rich Real Estate Limited
3.1% - Industry AVG
Production
with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)
- Rich Real Estate Limited
67.5% - Industry AVG
Profitability
an operating margin of 144.1% make it more profitable than the average company (26.4%)
- Rich Real Estate Limited
26.4% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Rich Real Estate Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)
- Rich Real Estate Limited
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £386k, this is more efficient (£195k)
- Rich Real Estate Limited
£195k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is later than average (26 days)
- Rich Real Estate Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (32 days)
- Rich Real Estate Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rich Real Estate Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is more cash available to meet short term requirements (7 weeks)
56 weeks - Rich Real Estate Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.5%, this is a lower level of debt than the average (63%)
56.5% - Rich Real Estate Limited
63% - Industry AVG
RICH REAL ESTATE LIMITED financials
Rich Real Estate Limited's latest turnover from March 2024 is estimated at £1.5 million and the company has net assets of £17.1 million. According to their latest financial statements, Rich Real Estate Limited has 4 employees and maintains cash reserves of £704.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 1,615,173 | 1,514,169 | 1,482,652 | 1,616,599 | 1,449,930 | 1,355,740 | 1,330,907 | 1,456,732 | 1,315,140 | 1,121,338 | 1,037,496 | ||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 1,092,680 | 1,045,233 | 885,944 | 1,969,994 | 2,002,262 | 785,232 | 684,066 | 728,416 | 643,275 | 367,734 | 596,310 | ||||
| Interest Payable | 669,630 | 669,715 | 669,575 | 589,903 | 555,779 | 559,024 | 907,362 | 571,092 | 435,962 | 317,725 | 360,816 | ||||
| Interest Receivable | 484 | 7 | 50 | ||||||||||||
| Pre-Tax Profit | 420,983 | 366,991 | 216,369 | 1,380,575 | 1,446,483 | 226,208 | -223,296 | 157,324 | 207,321 | 50,009 | 235,544 | ||||
| Tax | -300,551 | -73,634 | 136,527 | 10,106 | -44,949 | 25,038 | -40,694 | -27,012 | -38,570 | -15,927 | -85,521 | ||||
| Profit After Tax | 120,432 | 293,357 | 352,896 | 1,390,681 | 1,401,534 | 251,246 | -263,990 | 130,312 | 168,751 | 34,082 | 150,023 | ||||
| Dividends Paid | 290,000 | 265,000 | 1,200,000 | 650,000 | |||||||||||
| Retained Profit | -169,568 | 28,357 | -847,104 | 740,681 | 1,401,534 | 251,246 | -263,990 | 130,312 | 168,751 | 34,082 | 150,023 | ||||
| Employee Costs | 257,588 | 263,209 | 275,830 | 354,294 | 271,581 | 242,135 | |||||||||
| Number Of Employees | 4 | 4 | 5 | 4 | 4 | 4 | 4 | 4 | 5 | 3 | 3 | ||||
| EBITDA* | 1,092,680 | 1,045,233 | 885,944 | 1,969,994 | 2,002,262 | 787,587 | 688,776 | 733,128 | 647,987 | 370,090 | 596,310 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 2,355 | 7,065 | 11,777 | 16,489 | |||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 38,401,100 | 38,401,100 | 38,397,100 | 38,401,100 | 38,397,100 | 38,401,100 | 38,399,100 | 38,297,100 | 37,441,000 | 36,263,668 | 34,858,001 | 28,508,180 | 28,425,900 | 28,200,314 | 29,416,350 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 38,401,100 | 38,401,100 | 38,397,100 | 38,401,100 | 38,397,100 | 38,401,100 | 38,399,100 | 38,297,100 | 37,441,000 | 36,263,668 | 34,860,356 | 28,515,245 | 28,437,677 | 28,216,803 | 29,416,350 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 198,435 | 164,533 | 135,437 | 255,351 | 232,703 | 127,493 | 96,824 | 142,924 | 93,032 | 80,106 | 88,117 | 90,744 | 164,564 | 131,362 | 32,971 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 13,207 | 20,656 | 90,573 | 89,684 | 38,170 | 38,065 | 42,806 | 94,769 | 142,179 | 46,150 | 57,358 | 1,894 | 1,895 | ||
| Cash | 704,645 | 574,275 | 374,284 | 299,681 | 863,940 | 930,469 | 922,134 | 2,012,604 | 724,411 | 337,817 | 221,788 | 401,983 | 146,647 | 239,354 | 77,360 |
| misc current assets | |||||||||||||||
| total current assets | 916,287 | 759,464 | 509,721 | 645,605 | 1,186,327 | 1,096,132 | 1,057,023 | 2,155,528 | 860,249 | 512,692 | 452,084 | 538,877 | 368,569 | 372,610 | 112,226 |
| total assets | 39,317,387 | 39,160,564 | 38,906,821 | 39,046,705 | 39,583,427 | 39,497,232 | 39,456,123 | 40,452,628 | 38,301,249 | 36,776,360 | 35,312,440 | 29,054,122 | 28,806,246 | 28,589,413 | 29,528,576 |
| Bank overdraft | 16,887,985 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 3,658 | 15,904 | 326 | 17,018 | 9,754 | ||||||||||
| Group/Directors Accounts | 50,000 | 5,200,000 | 6,500,000 | ||||||||||||
| other short term finances | 9,922,914 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 647,933 | 568,318 | 511,150 | 455,466 | 565,341 | 578,864 | 602,426 | 650,950 | 470,736 | 421,631 | 480,608 | 756,259 | 718,822 | 1,396,639 | 464,549 |
| total current liabilities | 651,591 | 584,222 | 561,476 | 472,484 | 575,095 | 578,864 | 602,426 | 650,950 | 17,358,721 | 421,631 | 480,608 | 756,259 | 718,822 | 16,519,553 | 6,964,549 |
| loans | 18,976,678 | 18,939,810 | 18,902,942 | 18,866,074 | 18,829,206 | 18,792,338 | 18,755,470 | 18,718,602 | 17,299,977 | 16,992,200 | 15,909,084 | 15,825,969 | 9,845,830 | ||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 500,000 | ||||||||||||||
| provisions | 2,589,481 | 2,564,506 | 2,581,389 | 2,192,837 | 2,196,989 | 1,974,325 | 1,974,879 | 2,112,624 | 2,212,757 | 82,961 | 82,288 | 89,660 | 92,648 | 69,804 | 63,770 |
| total long term liabilities | 21,566,159 | 21,504,316 | 21,484,331 | 21,058,911 | 21,026,195 | 20,766,663 | 20,730,349 | 20,831,226 | 2,712,757 | 17,382,938 | 17,074,488 | 15,998,744 | 15,918,617 | 69,804 | 9,909,600 |
| total liabilities | 22,217,750 | 22,088,538 | 22,045,807 | 21,531,395 | 21,601,290 | 21,345,527 | 21,332,775 | 21,482,176 | 20,071,478 | 17,804,569 | 17,555,096 | 16,755,003 | 16,637,439 | 16,589,357 | 16,874,149 |
| net assets | 17,099,637 | 17,072,026 | 16,861,014 | 17,515,310 | 17,982,137 | 18,151,705 | 18,123,348 | 18,970,452 | 18,229,771 | 18,971,791 | 17,757,344 | 12,299,119 | 12,168,807 | 12,000,056 | 12,654,427 |
| total shareholders funds | 17,099,637 | 17,072,026 | 16,861,014 | 17,515,310 | 17,982,137 | 18,151,705 | 18,123,348 | 18,970,452 | 18,229,771 | 18,971,791 | 17,757,344 | 12,299,119 | 12,168,807 | 12,000,056 | 12,654,427 |
| Mar 2024 | 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 | 1,092,680 | 1,045,233 | 885,944 | 1,969,994 | 2,002,262 | 785,232 | 684,066 | 728,416 | 643,275 | 367,734 | 596,310 | ||||
| Depreciation | 2,355 | 4,710 | 4,712 | 4,712 | 2,356 | ||||||||||
| Amortisation | |||||||||||||||
| Tax | -300,551 | -73,634 | 136,527 | 10,106 | -44,949 | 25,038 | -40,694 | -27,012 | -38,570 | -15,927 | -85,521 | ||||
| Stock | |||||||||||||||
| Debtors | 26,453 | 49,752 | -210,487 | 23,537 | 156,724 | 30,774 | -8,035 | 7,086 | -39,037 | -55,421 | 93,402 | -85,028 | 88,666 | 98,390 | 34,866 |
| Creditors | -12,246 | 15,578 | -16,692 | 7,264 | 9,754 | ||||||||||
| Accruals and Deferred Income | 79,615 | 57,168 | 55,684 | -109,875 | -13,523 | -23,562 | -48,524 | 180,214 | 49,105 | -58,977 | -275,651 | 37,437 | -677,817 | 932,090 | 464,549 |
| Deferred Taxes & Provisions | 24,975 | -16,883 | 388,552 | -4,152 | 222,664 | -554 | -137,745 | -100,133 | 2,129,796 | 673 | -7,372 | -2,988 | 22,844 | 6,034 | 63,770 |
| Cash flow from operations | 854,300 | 916,709 | 844,237 | 2,053,095 | 4,175,251 | 809,742 | 271,657 | 825,593 | -134,222 | 1,193,897 | 1,004,242 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 4,000 | -4,000 | 4,000 | -4,000 | 2,000 | 102,000 | 856,100 | 1,177,332 | 1,405,667 | 6,349,821 | 82,280 | 225,586 | -1,216,036 | 29,416,350 | |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -50,000 | 50,000 | -5,200,000 | -1,300,000 | 6,500,000 | ||||||||||
| Other Short Term Loans | -9,922,914 | 9,922,914 | |||||||||||||
| Long term loans | 36,868 | 36,868 | 36,868 | 36,868 | 36,868 | 36,868 | 36,868 | 18,718,602 | -17,299,977 | 307,777 | 1,083,116 | 83,115 | 15,825,969 | -9,845,830 | 9,845,830 |
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -500,000 | 500,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | -669,630 | -669,715 | -669,575 | -589,419 | -555,779 | -559,024 | -907,362 | -571,092 | -435,955 | -317,725 | -360,766 | ||||
| cash flow from financing | -632,762 | -632,847 | -632,707 | 17,629,183 | -19,499,310 | 711,954 | 5,897,969 | -487,977 | 267,100 | -2,229,094 | 28,489,468 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | 130,370 | 199,991 | 74,603 | -564,259 | -66,529 | 8,335 | -1,090,470 | 1,288,193 | 386,594 | 116,029 | -180,195 | 255,336 | -92,707 | 161,994 | 77,360 |
| overdraft | -16,887,985 | 16,887,985 | |||||||||||||
| change in cash | 130,370 | 199,991 | 74,603 | -564,259 | -66,529 | 8,335 | -1,090,470 | 18,176,178 | -16,501,391 | 116,029 | -180,195 | 255,336 | -92,707 | 161,994 | 77,360 |
rich real estate limited Credit Report and Business Information
Rich Real Estate Limited Competitor Analysis
Perform a competitor analysis for rich real estate limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W11 area or any other competitors across 12 key performance metrics.
rich real estate limited Ownership
RICH REAL ESTATE LIMITED group structure
Rich Real Estate Limited has no subsidiary companies.
Ultimate parent company
1 parent
RICH REAL ESTATE LIMITED
03341701
rich real estate limited directors
Rich Real Estate Limited currently has 3 directors. The longest serving directors include Mr Peter Rich (Jun 1997) and Mrs Clare Rich (Jun 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Rich | 70 years | Jun 1997 | - | Director | |
| Mrs Clare Rich | 74 years | Jun 1997 | - | Director | |
| Mr Edward Rich | 34 years | Jun 2015 | - | Director |
P&L
March 2024turnover
1.5m
+15%
operating profit
2.2m
0%
gross margin
67.5%
+1.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
17.1m
0%
total assets
39.3m
0%
cash
704.6k
+0.23%
net assets
Total assets minus all liabilities
rich real estate limited company details
company number
03341701
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
March 1997
age
28
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
law 826 limited (June 1997)
accountant
DUNCAN & TOPLIS LIMITED
auditor
-
address
43 portland road, london, W11 4LJ
Bank
HSBC BANK PLC
Legal Advisor
-
rich real estate 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 rich real estate limited.
rich real estate 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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rich real estate limited Companies House Filings - See Documents
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