reay limited
reay limited Company Information
Company Number
03405952
Website
reaysecurityltd.co.ukRegistered Address
61 bridge street, kington, HR5 3DJ
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01684540305
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
william james reay 50%
pauline susan reay 50%
reay limited Estimated Valuation
Pomanda estimates the enterprise value of REAY LIMITED at £1.5m based on a Turnover of £635.8k and 2.38x industry multiple (adjusted for size and gross margin).
reay limited Estimated Valuation
Pomanda estimates the enterprise value of REAY LIMITED at £21.9k based on an EBITDA of £4.2k and a 5.16x industry multiple (adjusted for size and gross margin).
reay limited Estimated Valuation
Pomanda estimates the enterprise value of REAY LIMITED at £465.1k based on Net Assets of £287.1k and 1.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Reay Limited Overview
Reay Limited is a live company located in kington, HR5 3DJ with a Companies House number of 03405952. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 1997, it's largest shareholder is william james reay with a 50% stake. Reay Limited is a mature, small sized company, Pomanda has estimated its turnover at £635.8k with declining growth in recent years.
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Reay Limited Health Check
Pomanda's financial health check has awarded Reay Limited 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £635.8k, make it smaller than the average company (£954.6k)
- Reay Limited
£954.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (3.1%)
- Reay Limited
3.1% - Industry AVG
Production
with a gross margin of 31.9%, this company has a higher cost of product (74.5%)
- Reay Limited
74.5% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (26.2%)
- Reay Limited
26.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Reay Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has an equivalent pay structure (£32.9k)
- Reay Limited
£32.9k - Industry AVG
Efficiency
resulting in sales per employee of £317.9k, this is more efficient (£191.6k)
- Reay Limited
£191.6k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (31 days)
- Reay Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (34 days)
- Reay Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reay Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Reay Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.1%, this is a lower level of debt than the average (68%)
1.1% - Reay Limited
68% - Industry AVG
REAY LIMITED financials
Reay Limited's latest turnover from December 2023 is estimated at £635.8 thousand and the company has net assets of £287.1 thousand. According to their latest financial statements, we estimate that Reay Limited has 2 employees and maintains cash reserves of 0 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 | 3,600 | 0 | 243,600 | 3,900 | 675,125 | 185,950 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 0 | -3,540 | 239,662 | 733 | 483,120 | 134,373 | |||||||||
| Gross Profit | 3,600 | 3,540 | 3,938 | 3,167 | 192,005 | 51,577 | |||||||||
| Admin Expenses | 2,435 | 1,854 | 2,027 | 2,238 | 3,359 | 2,571 | |||||||||
| Operating Profit | 1,165 | 1,686 | 1,911 | 929 | 188,646 | 49,006 | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Interest Receivable | 1,721 | 3,164 | 16 | 7 | 8 | 4,167 | |||||||||
| Pre-Tax Profit | 2,886 | 4,850 | 1,927 | 936 | 188,654 | 53,173 | |||||||||
| Tax | -706 | -862 | -395 | -201 | -39,631 | -10,886 | |||||||||
| Profit After Tax | 2,180 | 3,988 | 1,532 | 735 | 149,023 | 42,287 | |||||||||
| Dividends Paid | 0 | 0 | 0 | 50,000 | 60,000 | 60,000 | |||||||||
| Retained Profit | 2,180 | 3,988 | 1,532 | -49,265 | 89,023 | -17,713 | |||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 1,813 | 1,686 | 1,959 | 986 | 188,713 | 49,085 |
* 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 | 104,432 | 104,477 | 104,530 | 104,592 | 104,250 | 87 | 102 | 121 | 142 | 167 | 816 | 275 | 323 | 380 | 446 |
| 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 | 104,432 | 104,477 | 104,530 | 104,592 | 104,250 | 87 | 102 | 121 | 142 | 167 | 816 | 275 | 323 | 380 | 446 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104,176 | 104,176 | 104,176 | 104,176 | 338,116 | 256,239 | 557,927 |
| Trade Debtors | 185,774 | 180,852 | 175,763 | 179,489 | 179,280 | 278,950 | 284,835 | 290,162 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 7 | 18 | 4 | 6,924 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 182,527 | 179,972 | 177,186 | 173,515 | 13,454 | 106,216 | 12,769 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,978 | 0 |
| total current assets | 185,774 | 180,852 | 175,763 | 179,489 | 179,280 | 278,950 | 284,835 | 290,162 | 286,709 | 284,155 | 281,380 | 277,695 | 358,494 | 364,433 | 570,696 |
| total assets | 290,206 | 285,329 | 280,293 | 284,081 | 283,530 | 279,037 | 284,937 | 290,283 | 286,851 | 284,322 | 282,196 | 277,970 | 358,817 | 364,813 | 571,142 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,033 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,852 | 1,157 | 1,003 | 1,008 | 1,098 | 926 | 1,057 | 1,026 | 0 | 0 | 0 | 0 | 0 | 0 | 108 |
| Group/Directors Accounts | 0 | 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 | 0 |
| hp & lease commitments | 0 | 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 | 1,157 | 1,212 | 1,267 | 1,029 | 82,375 | 40,139 | 335,491 |
| total current liabilities | 2,852 | 1,157 | 1,003 | 1,008 | 1,098 | 926 | 1,057 | 1,026 | 1,157 | 1,212 | 1,267 | 1,029 | 83,408 | 40,139 | 335,599 |
| 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 | 250 | 250 | 250 | 250 | 250 | 600 | 300 | 300 | 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 | 250 | 250 | 250 | 250 | 250 | 600 | 300 | 300 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,102 | 1,407 | 1,253 | 1,258 | 1,348 | 1,526 | 1,357 | 1,326 | 1,157 | 1,212 | 1,267 | 1,029 | 83,408 | 40,139 | 335,599 |
| net assets | 287,104 | 283,922 | 279,040 | 282,823 | 282,182 | 277,511 | 283,580 | 288,957 | 285,694 | 283,110 | 280,929 | 276,941 | 275,409 | 324,674 | 235,543 |
| total shareholders funds | 287,104 | 283,922 | 279,040 | 282,823 | 282,182 | 277,511 | 283,580 | 288,957 | 285,694 | 283,110 | 280,929 | 276,941 | 275,409 | 324,674 | 235,543 |
| 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 | 1,165 | 1,686 | 1,911 | 929 | 188,646 | 49,006 | |||||||||
| Depreciation | 25 | 648 | 48 | 57 | 67 | 79 | |||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | -706 | -862 | -395 | -201 | -39,631 | -10,886 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -104,176 | 0 | 0 | 0 | -233,940 | 81,877 | -301,688 | 557,927 |
| Debtors | 4,922 | 5,089 | -3,726 | 209 | -99,670 | -5,885 | -5,327 | 290,156 | -1 | -11 | 14 | -6,920 | 6,924 | 0 | 0 |
| Creditors | 1,695 | 154 | -5 | -90 | 172 | -131 | 31 | 1,026 | 0 | 0 | 0 | 0 | 0 | -108 | 108 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -350 | 300 | 0 | -857 | -55 | -55 | 238 | -81,346 | 42,236 | -295,352 | 335,491 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,063 | 161,078 | -45,780 | 155,310 | -184,129 | ||||||||||
| 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 | 0 | 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 | 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 | 1,721 | 3,164 | 16 | 7 | 8 | 4,167 | |||||||||
| cash flow from financing | 1,722 | 3,164 | 16 | 7 | 116 | 257,423 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -182,527 | 2,555 | 2,786 | 3,671 | 160,061 | -92,762 | 93,447 | 12,769 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,033 | 1,033 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -182,527 | 2,555 | 2,786 | 3,671 | 161,094 | -93,795 | 93,447 | 12,769 |
reay limited Credit Report and Business Information
Reay Limited Competitor Analysis
Perform a competitor analysis for reay limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in HR5 area or any other competitors across 12 key performance metrics.
reay limited Ownership
REAY LIMITED group structure
Reay Limited has no subsidiary companies.
Ultimate parent company
REAY LIMITED
03405952
reay limited directors
Reay Limited currently has 2 directors. The longest serving directors include Mr William Reay (Aug 1997) and Ms Pauline Reay (Aug 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Reay | 60 years | Aug 1997 | - | Director | |
| Ms Pauline Reay | Scotland | 59 years | Aug 2006 | - | Director |
P&L
December 2023turnover
635.8k
+5%
operating profit
4.2k
0%
gross margin
31.9%
+29.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
287.1k
+0.01%
total assets
290.2k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
reay limited company details
company number
03405952
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
July 1997
age
27
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
eaglecrest 2000 limited (November 2003)
last accounts submitted
December 2023
address
61 bridge street, kington, HR5 3DJ
accountant
-
auditor
-
reay 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 reay limited.
reay limited Companies House Filings - See Documents
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