reading residential properties limited
reading residential properties limited Company Information
Company Number
03894973
Next Accounts
114 days late
Industry
Development of building projects
Shareholders
oracle shopping centre ltd
Group Structure
View All
Contact
Registered Address
marble arch house, 66 seymour street, london, W1H 5BX
Website
http://theoracle.comreading residential properties limited Estimated Valuation
Pomanda estimates the enterprise value of READING RESIDENTIAL PROPERTIES LIMITED at £313k based on a Turnover of £610k and 0.51x industry multiple (adjusted for size and gross margin).
reading residential properties limited Estimated Valuation
Pomanda estimates the enterprise value of READING RESIDENTIAL PROPERTIES LIMITED at £2.1m based on an EBITDA of £554k and a 3.72x industry multiple (adjusted for size and gross margin).
reading residential properties limited Estimated Valuation
Pomanda estimates the enterprise value of READING RESIDENTIAL PROPERTIES LIMITED at £9m based on Net Assets of £6.5m and 1.38x industry multiple (adjusted for liquidity).
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Reading Residential Properties Limited Overview
Reading Residential Properties Limited is a live company located in london, W1H 5BX with a Companies House number of 03894973. It operates in the development of building projects sector, SIC Code 41100. Founded in December 1999, it's largest shareholder is oracle shopping centre ltd with a 100% stake. Reading Residential Properties Limited is a mature, small sized company, Pomanda has estimated its turnover at £610k with healthy growth in recent years.
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Reading Residential Properties Limited Health Check
Pomanda's financial health check has awarded Reading Residential Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £610k, make it smaller than the average company (£2.2m)
£610k - Reading Residential Properties Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (1.8%)
9% - Reading Residential Properties Limited
1.8% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
26.6% - Reading Residential Properties Limited
26.6% - Industry AVG
Profitability
an operating margin of 90.8% make it more profitable than the average company (9.8%)
90.8% - Reading Residential Properties Limited
9.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
- Reading Residential Properties Limited
7 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Reading Residential Properties Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £203.3k, this is less efficient (£278.4k)
- Reading Residential Properties Limited
£278.4k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is near the average (30 days)
33 days - Reading Residential Properties Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (30 days)
8 days - Reading Residential Properties Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Reading Residential Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (14 weeks)
12 weeks - Reading Residential Properties Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.9%, this is a lower level of debt than the average (74.1%)
31.9% - Reading Residential Properties Limited
74.1% - Industry AVG
READING RESIDENTIAL PROPERTIES LIMITED financials
Reading Residential Properties Limited's latest turnover from December 2022 is £610 thousand and the company has net assets of £6.5 million. According to their latest financial statements, we estimate that Reading Residential Properties Limited has 3 employees and maintains cash reserves of £620 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 610,000 | 491,000 | 482,000 | 472,000 | 461,000 | 469,000 | 281,000 | 309,000 | 288,000 | 292,000 | 281,000 | 255,000 | 272,000 | 357,000 |
| Other Income Or Grants | -11,000 | -11,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 129,000 | 54,000 | 0 | 0 | 170,000 | 97,000 | 152,000 | 72,000 | 78,000 | 43,000 | 117,000 | 135,000 | ||
| Gross Profit | 351,000 | 417,000 | 472,000 | 469,000 | 111,000 | 212,000 | 136,000 | 220,000 | 203,000 | 212,000 | 155,000 | 222,000 | ||
| Admin Expenses | -145,000 | 24,000 | 3,000 | -832,000 | 956,000 | -896,000 | -864,000 | 0 | 0 | 0 | 0 | 0 | ||
| Operating Profit | 554,000 | 496,000 | 393,000 | 469,000 | 447,000 | 1,301,000 | -845,000 | 1,108,000 | 1,000,000 | 220,000 | 203,000 | 212,000 | 155,000 | 222,000 |
| Interest Payable | 50,000 | 60,000 | 60,000 | 65,000 | 90,000 | 78,000 | 79,000 | 64,000 | 95,000 | 96,000 | 110,000 | 106,000 | 107,000 | 157,000 |
| Interest Receivable | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,000 |
| Pre-Tax Profit | 505,000 | 436,000 | 333,000 | 404,000 | 357,000 | 1,223,000 | -924,000 | 1,044,000 | 905,000 | 124,000 | 93,000 | 106,000 | 48,000 | 84,000 |
| Tax | -96,000 | -164,000 | -87,000 | -77,000 | -59,000 | -74,000 | 105,000 | -161,000 | -178,000 | -25,000 | -19,000 | -22,000 | -10,000 | -17,000 |
| Profit After Tax | 409,000 | 272,000 | 246,000 | 327,000 | 298,000 | 1,149,000 | -819,000 | 883,000 | 727,000 | 99,000 | 74,000 | 84,000 | 38,000 | 67,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 409,000 | 272,000 | 246,000 | 327,000 | 298,000 | 1,149,000 | -819,000 | 883,000 | 727,000 | 99,000 | 74,000 | 84,000 | 38,000 | 67,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Number Of Employees | 7 | 7 | ||||||||||||
| EBITDA* | 554,000 | 496,000 | 393,000 | 469,000 | 447,000 | 1,301,000 | -845,000 | 1,108,000 | 1,000,000 | 220,000 | 203,000 | 212,000 | 155,000 | 222,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 8,950,000 | 8,800,000 | 8,823,000 | 8,823,000 | 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 |
| Investments & Other | 8,900,000 | 8,950,000 | 8,800,000 | 8,823,000 | 0 | 8,830,000 | 8,000,000 | 8,000,000 | 7,064,000 | 6,200,000 | 5,313,000 | 5,313,000 | 5,563,000 | 5,141,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,900,000 | 8,950,000 | 8,800,000 | 8,823,000 | 0 | 8,830,000 | 8,000,000 | 8,000,000 | 7,064,000 | 6,200,000 | 5,313,000 | 5,313,000 | 5,563,000 | 5,141,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 56,000 | 181,000 | 182,000 | 40,000 | 97,000 | 105,000 | 207,000 | 0 | 0 | 0 | 0 | 0 | 45,000 | 2,000 |
| Group Debtors | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 0 |
| Misc Debtors | 2,000 | 0 | 0 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 3,000 | 31,000 | 0 |
| Cash | 620,000 | 70,000 | 68,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,000 |
| misc current assets | 0 | 0 | 0 | 67,000 | 67,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 680,000 | 253,000 | 252,000 | 112,000 | 210,000 | 107,000 | 209,000 | 2,000 | 2,000 | 2,000 | 7,000 | 5,000 | 78,000 | 23,000 |
| total assets | 9,580,000 | 9,203,000 | 9,052,000 | 8,935,000 | 210,000 | 8,937,000 | 8,209,000 | 8,002,000 | 7,066,000 | 6,202,000 | 5,320,000 | 5,318,000 | 5,641,000 | 5,164,000 |
| 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 | 10,000 | 5,000 | 3,000 | 0 | 3,000 | 1,000 | 2,000 | 21,000 | 0 | 0 | 4,000 | 0 | 1,000 | 0 |
| Group/Directors Accounts | 2,504,000 | 0 | 0 | 0 | 3,380,000 | 3,592,000 | 4,074,000 | 3,004,000 | 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 | 170,000 | 2,702,000 | 2,935,000 | 3,087,000 | 237,000 | 177,000 | 115,000 | 29,000 | 33,000 | 25,000 | 19,000 | 22,000 | 56,000 | 18,000 |
| total current liabilities | 2,684,000 | 2,707,000 | 2,938,000 | 3,087,000 | 3,512,000 | 3,770,000 | 4,191,000 | 3,054,000 | 33,000 | 25,000 | 23,000 | 22,000 | 57,000 | 18,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,100,000 | 3,141,000 | 3,247,000 | 3,320,000 | 3,442,000 | 3,464,000 |
| 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 | 67,000 | 66,000 | 66,000 | 66,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 301,000 | 622,000 | 402,000 | 362,000 | 362,000 | 191,000 | 191,000 | 302,000 | 170,000 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 368,000 | 377,000 | 267,000 | 247,000 | 0 | 191,000 | 191,000 | 302,000 | 3,270,000 | 3,141,000 | 3,247,000 | 3,320,000 | 3,442,000 | 3,464,000 |
| total liabilities | 3,052,000 | 3,084,000 | 3,205,000 | 3,334,000 | 3,512,000 | 3,961,000 | 4,382,000 | 3,356,000 | 3,303,000 | 3,166,000 | 3,270,000 | 3,342,000 | 3,499,000 | 3,482,000 |
| net assets | 6,528,000 | 6,119,000 | 5,847,000 | 5,601,000 | -3,302,000 | 4,976,000 | 3,827,000 | 4,646,000 | 3,763,000 | 3,036,000 | 2,050,000 | 1,976,000 | 2,142,000 | 1,682,000 |
| total shareholders funds | 6,528,000 | 6,119,000 | 5,847,000 | 5,601,000 | 5,274,000 | 4,976,000 | 3,827,000 | 4,646,000 | 3,763,000 | 3,036,000 | 2,050,000 | 1,976,000 | 2,142,000 | 1,682,000 |
| 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 | 554,000 | 496,000 | 393,000 | 469,000 | 447,000 | 1,301,000 | -845,000 | 1,108,000 | 1,000,000 | 220,000 | 203,000 | 212,000 | 155,000 | 222,000 |
| Depreciation | 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 |
| Tax | -96,000 | -164,000 | -87,000 | -77,000 | -59,000 | -74,000 | 105,000 | -161,000 | -178,000 | -25,000 | -19,000 | -22,000 | -10,000 | -17,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -123,000 | -1,000 | 139,000 | 45,000 | -107,000 | -102,000 | 207,000 | 0 | 0 | -5,000 | 2,000 | -73,000 | 76,000 | 2,000 |
| Creditors | 5,000 | 2,000 | 3,000 | -3,000 | 2,000 | -1,000 | -19,000 | 21,000 | 0 | -4,000 | 4,000 | -1,000 | 1,000 | 0 |
| Accruals and Deferred Income | -2,532,000 | -233,000 | -152,000 | 2,850,000 | 60,000 | 62,000 | 86,000 | -4,000 | 8,000 | 6,000 | -3,000 | -34,000 | 38,000 | 18,000 |
| Deferred Taxes & Provisions | -321,000 | 220,000 | 40,000 | 0 | 171,000 | 0 | -111,000 | 132,000 | 170,000 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,267,000 | 322,000 | 58,000 | 3,194,000 | 728,000 | 1,390,000 | -991,000 | 1,096,000 | 1,000,000 | 202,000 | 183,000 | 228,000 | 108,000 | 221,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | -35,000 | -910,000 | -37,000 | 0 | 0 | |||||||||
| Change in Investments | -50,000 | 150,000 | -23,000 | 8,823,000 | -8,830,000 | 830,000 | 0 | 936,000 | 864,000 | 887,000 | 0 | -250,000 | 422,000 | 5,141,000 |
| cash flow from investments | -865,000 | -910,000 | -973,000 | -864,000 | -5,141,000 | |||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,504,000 | 0 | 0 | -3,380,000 | -212,000 | -482,000 | 1,070,000 | 3,004,000 | 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 | -3,100,000 | -41,000 | -106,000 | -73,000 | -122,000 | -22,000 | 3,464,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 1,000 | 0 | 0 | 66,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -49,000 | -60,000 | -60,000 | -65,000 | -90,000 | -78,000 | -79,000 | -64,000 | -95,000 | -96,000 | -110,000 | -106,000 | -107,000 | -138,000 |
| cash flow from financing | 2,456,000 | -60,000 | -60,000 | -3,379,000 | -302,000 | -560,000 | 991,000 | -160,000 | -136,000 | 685,000 | -183,000 | -478,000 | 293,000 | 4,941,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 550,000 | 2,000 | 68,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21,000 | 21,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 550,000 | 2,000 | 68,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21,000 | 21,000 |
reading residential properties limited Credit Report and Business Information
Reading Residential Properties Limited Competitor Analysis
Perform a competitor analysis for reading residential properties limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in W1H area or any other competitors across 12 key performance metrics.
reading residential properties limited Ownership
READING RESIDENTIAL PROPERTIES LIMITED group structure
Reading Residential Properties Limited has no subsidiary companies.
Ultimate parent company
1 parent
READING RESIDENTIAL PROPERTIES LIMITED
03894973
reading residential properties limited directors
Reading Residential Properties Limited currently has 9 directors. The longest serving directors include Mr Khaled Alkhajeh (Mar 2012) and Mr Abdulla Qubaisi (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Khaled Alkhajeh | England | 50 years | Mar 2012 | - | Director |
| Mr Abdulla Qubaisi | United Arab Emirates | 34 years | May 2014 | - | Director |
| Mr Abdulla Alketbi | United Arab Emirates | 35 years | Nov 2017 | - | Director |
| Mr Simon Travis | United Kingdom | 55 years | May 2020 | - | Director |
| Mr Harry Badham | United Kingdom | 48 years | Nov 2021 | - | Director |
| Mr Gregoire Peureux | United Kingdom | 47 years | Nov 2021 | - | Director |
| Mr Christian Gartner | United Arab Emirates | 48 years | May 2022 | - | Director |
| Mr Christian Gartner | United Arab Emirates | 48 years | May 2022 | - | Director |
| Mr Hamad Alameri | United Kingdom | 32 years | Oct 2023 | - | Director |
P&L
December 2022turnover
610k
+24%
operating profit
554k
+12%
gross margin
26.7%
-62.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
6.5m
+0.07%
total assets
9.6m
+0.04%
cash
620k
+7.86%
net assets
Total assets minus all liabilities
reading residential properties limited company details
company number
03894973
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
December 1999
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
BDO LLP
address
marble arch house, 66 seymour street, london, W1H 5BX
Bank
-
Legal Advisor
-
reading residential properties 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 reading residential properties limited.
reading residential properties limited Capital Raised & Share Issues BETA
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reading residential properties limited Companies House Filings - See Documents
| date | description | view/download |
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