rethan limited
rethan limited Company Information
Company Number
04004192
Next Accounts
Feb 2025
Directors
Shareholders
g.i. riddell
nicola riddell
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
1st floor cloister house, riverside, manchester, M3 5FS
Website
rojacwebapp.co.ukrethan limited Estimated Valuation
Pomanda estimates the enterprise value of RETHAN LIMITED at £1.1m based on a Turnover of £652.1k and 1.64x industry multiple (adjusted for size and gross margin).
rethan limited Estimated Valuation
Pomanda estimates the enterprise value of RETHAN LIMITED at £126.7k based on an EBITDA of £26.6k and a 4.77x industry multiple (adjusted for size and gross margin).
rethan limited Estimated Valuation
Pomanda estimates the enterprise value of RETHAN LIMITED at £649.1k based on Net Assets of £360.6k and 1.8x industry multiple (adjusted for liquidity).
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Rethan Limited Overview
Rethan Limited is a live company located in manchester, M3 5FS with a Companies House number of 04004192. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in May 2000, it's largest shareholder is g.i. riddell with a 51% stake. Rethan Limited is a mature, small sized company, Pomanda has estimated its turnover at £652.1k with rapid growth in recent years.
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Rethan Limited Health Check
Pomanda's financial health check has awarded Rethan Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £652.1k, make it larger than the average company (£317.4k)
- Rethan Limited
£317.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 747%, show it is growing at a faster rate (3.4%)
- Rethan Limited
3.4% - Industry AVG
Production
with a gross margin of 17.7%, this company has a higher cost of product (71.5%)
- Rethan Limited
71.5% - Industry AVG
Profitability
an operating margin of 4.1% make it less profitable than the average company (6.6%)
- Rethan Limited
6.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
- Rethan Limited
6 - Industry AVG
Pay Structure
on an average salary of £40.5k, the company has an equivalent pay structure (£40.5k)
- Rethan Limited
£40.5k - Industry AVG
Efficiency
resulting in sales per employee of £163k, this is more efficient (£95k)
- Rethan Limited
£95k - Industry AVG
Debtor Days
it gets paid by customers after 206 days, this is later than average (50 days)
- Rethan Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (34 days)
- Rethan Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rethan Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rethan Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.5%, this is a lower level of debt than the average (53.3%)
2.5% - Rethan Limited
53.3% - Industry AVG
RETHAN LIMITED financials
Rethan Limited's latest turnover from May 2023 is estimated at £652.1 thousand and the company has net assets of £360.6 thousand. According to their latest financial statements, we estimate that Rethan Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 1 | 1 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 205,250 | 205,250 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 205,250 | 205,250 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 369,672 | 425,023 | 0 | 59 | 59 | 59 | 59 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 59 | 59 | 59 | 59 | 59 | 45,059 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 369,672 | 425,023 | 0 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 45,059 | 0 |
| total assets | 369,673 | 425,024 | 1 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 205,309 | 250,309 | 0 |
| 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 | 9,074 | 84,352 | 2,900 | 2,567 | 2,567 | 2,567 | 2,567 | 2,567 | 2,567 | 2,567 | 2,567 | 197,714 | 242,714 | 0 |
| 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 | 9,074 | 84,352 | 2,900 | 2,567 | 2,567 | 2,567 | 2,567 | 2,567 | 2,567 | 2,567 | 2,567 | 197,714 | 242,714 | 0 |
| 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 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 9,074 | 84,352 | 2,900 | 2,567 | 2,567 | 2,567 | 2,567 | 2,567 | 2,567 | 2,567 | 2,567 | 197,714 | 242,714 | 0 |
| net assets | 360,599 | 340,672 | -2,899 | -2,507 | -2,507 | -2,507 | -2,507 | -2,507 | -2,507 | -2,507 | -2,507 | 7,595 | 7,595 | 0 |
| total shareholders funds | 360,599 | 340,672 | -2,899 | -2,507 | -2,507 | -2,507 | -2,507 | -2,507 | -2,507 | -2,507 | -2,507 | 7,595 | 7,595 | 0 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 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 | |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -55,351 | 425,023 | -59 | 0 | 0 | 0 | 59 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -75,278 | 81,452 | 333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -195,147 | -45,000 | 242,714 | 0 |
| 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 | -1 | 0 | 0 | 0 | -205,249 | 0 | 205,250 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -59 | 0 | 0 | 0 | 0 | -45,000 | 45,059 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -59 | 0 | 0 | 0 | 0 | -45,000 | 45,059 | 0 |
rethan limited Credit Report and Business Information
Rethan Limited Competitor Analysis
Perform a competitor analysis for rethan limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in M 3 area or any other competitors across 12 key performance metrics.
rethan limited Ownership
RETHAN LIMITED group structure
Rethan Limited has no subsidiary companies.
Ultimate parent company
RETHAN LIMITED
04004192
rethan limited directors
Rethan Limited currently has 1 director, Mr Gareth Riddell serving since May 2000.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Riddell | England | 59 years | May 2000 | - | Director |
P&L
May 2023turnover
652.1k
-14%
operating profit
26.6k
0%
gross margin
17.8%
-0.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
360.6k
+0.06%
total assets
369.7k
-0.13%
cash
0
0%
net assets
Total assets minus all liabilities
rethan limited company details
company number
04004192
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
May 2000
age
25
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
1st floor cloister house, riverside, manchester, M3 5FS
Bank
BANK OF IRELAND
Legal Advisor
-
rethan 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 found 1 charges/mortgages relating to rethan limited. Currently there are 0 open charges and 1 have been satisfied in the past.
rethan 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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rethan limited Companies House Filings - See Documents
| date | description | view/download |
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