rendall & rittner (sales and lettings) limited

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rendall & rittner (sales and lettings) limited Company Information

Share RENDALL & RITTNER (SALES AND LETTINGS) LIMITED

Company Number

04178736

Shareholders

r & r residential management limited

Group Structure

View All

Industry

Management of real estate on a fee or contract basis

 

Registered Address

13b st. george wharf, london, SW8 2LE

rendall & rittner (sales and lettings) limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of RENDALL & RITTNER (SALES AND LETTINGS) LIMITED at £1.1m based on a Turnover of £360.4k and 3x industry multiple (adjusted for size and gross margin).

rendall & rittner (sales and lettings) limited Estimated Valuation

£745.8k

Pomanda estimates the enterprise value of RENDALL & RITTNER (SALES AND LETTINGS) LIMITED at £745.8k based on an EBITDA of £94.4k and a 7.9x industry multiple (adjusted for size and gross margin).

rendall & rittner (sales and lettings) limited Estimated Valuation

£933.9k

Pomanda estimates the enterprise value of RENDALL & RITTNER (SALES AND LETTINGS) LIMITED at £933.9k based on Net Assets of £513.7k and 1.82x industry multiple (adjusted for liquidity).

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Rendall & Rittner (sales And Lettings) Limited Overview

Rendall & Rittner (sales And Lettings) Limited is a live company located in london, SW8 2LE with a Companies House number of 04178736. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in March 2001, it's largest shareholder is r & r residential management limited with a 100% stake. Rendall & Rittner (sales And Lettings) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £360.4k with healthy growth in recent years.

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Rendall & Rittner (sales And Lettings) Limited Health Check

Pomanda's financial health check has awarded Rendall & Rittner (Sales And Lettings) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £360.4k, make it in line with the average company (£360.4k)

£360.4k - Rendall & Rittner (sales And Lettings) Limited

£360.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (4.5%)

12% - Rendall & Rittner (sales And Lettings) Limited

4.5% - Industry AVG

production

Production

with a gross margin of 99%, this company has a lower cost of product (68.8%)

99% - Rendall & Rittner (sales And Lettings) Limited

68.8% - Industry AVG

profitability

Profitability

an operating margin of 26.2% make it more profitable than the average company (6.6%)

26.2% - Rendall & Rittner (sales And Lettings) Limited

6.6% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (7)

5 - Rendall & Rittner (sales And Lettings) Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)

£42.6k - Rendall & Rittner (sales And Lettings) Limited

£42.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £72.1k, this is less efficient (£102.5k)

£72.1k - Rendall & Rittner (sales And Lettings) Limited

£102.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Rendall & Rittner (sales And Lettings) Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 284 days, this is slower than average (30 days)

284 days - Rendall & Rittner (sales And Lettings) Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rendall & Rittner (sales And Lettings) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 188 weeks, this is more cash available to meet short term requirements (46 weeks)

188 weeks - Rendall & Rittner (sales And Lettings) Limited

46 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.2%, this is a lower level of debt than the average (57.2%)

19.2% - Rendall & Rittner (sales And Lettings) Limited

57.2% - Industry AVG

RENDALL & RITTNER (SALES AND LETTINGS) LIMITED financials

EXPORTms excel logo

Rendall & Rittner (Sales And Lettings) Limited's latest turnover from December 2023 is £360.4 thousand and the company has net assets of £513.7 thousand. According to their latest financial statements, Rendall & Rittner (Sales And Lettings) Limited has 5 employees and maintains cash reserves of £442.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Mar 2010
Turnover360,432366,489427,076255,611503,157651,7142,963,9652,581,4572,139,5912,338,2242,052,4771,602,1931,727,020967,487
Other Income Or Grants
Cost Of Sales3,5996,66410,9029,933402,531522,04942,75269,33175,54188,382268,877169,61088,239109,184
Gross Profit356,833359,825416,174245,678100,626129,6652,921,2132,512,1262,064,0502,249,8421,783,6001,432,5831,638,781858,303
Admin Expenses262,414247,152364,846340,600238,023-1,550,8322,884,6612,711,1972,889,8532,591,7331,871,9881,595,2791,904,1131,004,928
Operating Profit94,419112,67351,328-94,922-137,3971,680,49736,552-199,071-825,803-341,891-88,388-162,696-265,332-146,625
Interest Payable9,2757,43311,86615,822
Interest Receivable7,7971,7561022362,2752,06414,28632,76030,52530,23926,09522,3261,315669
Pre-Tax Profit102,216114,42951,430-94,686-135,1231,682,56050,838-166,311-795,278-311,652-71,568-147,803-560,816-161,778
Tax9,148-319,686120,39646,373-2,589154,124
Profit After Tax111,364114,42951,430-94,686-135,1231,362,87450,838-166,311-674,882-265,279-74,1576,321-560,816-161,778
Dividends Paid
Retained Profit111,364114,42951,430-94,686-135,1231,362,87450,838-166,311-674,882-265,279-74,1576,321-560,816-161,778
Employee Costs212,901296,454230,044204,828402,000412,5211,650,7861,426,3111,604,0791,439,4221,239,5381,178,654824,661572,590
Number Of Employees576612134439484234342820
EBITDA*94,419112,67351,328-94,922-134,8291,689,12051,298-179,645-792,101-301,096-52,592-141,656-190,711-92,156

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Mar 2010
Tangible Assets12,6822,45217,19836,37034,67854,88938,6663,5368,637
Intangible Assets17,46615,3567,38115,44125,83516,62524,22425,006437,537
Investments & Other1111111111111197,000
Debtors (Due After 1 year)61,782
Total Fixed Assets1111130,14917,80924,58051,81260,51471,51562,89190,325643,174
Stock & work in progress
Trade Debtors45,157301,870436,243367,574451,405343,530275,738503,085292,448224,13753,510
Group Debtors179,574212,446265,736108,02765,4302,693,6745,645,1554,345,5712,062,0403,047,783565,370
Misc Debtors13,1826,5904,2632455,900151,577227,213514,149172,748149,360144,994477,626173,62740,329
Cash442,897553,397218,988168,58697,331509,201316,365915,897292,141210,362248,35385,187247,58329,219
misc current assets
total current assets635,653559,987435,697479,724513,1281,162,4513,604,8267,526,6065,153,9902,697,5003,944,2151,420,631645,347123,058
total assets635,654559,988435,698479,725513,1291,192,6003,622,6357,551,1865,205,8022,758,0144,015,7301,483,522735,672766,232
Bank overdraft225,000
Bank loan
Trade Creditors 2,8073,1498,6223,1016,72296,57478,35481,83036,24733,24854,640170,95310,95432,577
Group/Directors Accounts92,538130,39890,220112,851130,6183,980,6457,952,1645,681,5722,942,8964,126,8901,431,1321,349,981740,305
other short term finances
hp & lease commitments
other current liabilities26,63824,13348,978127,326175,274499,152386,880429,732244,734334,770307,993300,232224,48057,277
total current liabilities121,983157,680147,820243,278181,996726,3444,445,8798,463,7265,962,5533,310,9144,489,5231,902,3171,585,4151,055,159
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities121,983157,680147,820243,278181,996726,3444,445,8798,463,7265,962,5533,310,9144,489,5231,902,3171,585,4151,055,159
net assets513,671402,308287,878236,447331,133466,256-823,244-912,540-756,751-552,900-473,793-418,795-849,743-288,927
total shareholders funds513,671402,308287,878236,447331,133466,256-823,244-912,540-756,751-552,900-473,793-418,795-849,743-288,927
Dec 2023Dec 2022Dec 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Mar 2010
Operating Activities
Operating Profit94,419112,67351,328-94,922-137,3971,680,49736,552-199,071-825,803-341,891-88,388-162,696-265,332-146,625
Depreciation1,0283,0785,74111,36623,30823,98022,19715,7103,1643,376
Amortisation1,5405,5459,0058,06010,39416,81513,5995,33071,45751,093
Tax9,148-319,686120,39646,373-2,589154,124
Stock
Debtors186,166-210,119-94,429-104,659-237,453-2,635,211-3,322,2481,748,8602,374,711-1,208,7242,360,418875,898365,70793,839
Creditors-342-5,4735,521-3,621-89,85218,220-3,47645,5832,999-21,392-116,313159,999-21,62332,577
Accruals and Deferred Income2,505-24,845-78,348-47,948-323,878112,272-42,852184,998-90,03626,7777,76175,752167,20357,277
Deferred Taxes & Provisions
Cash flow from operations-80,436292,47472,930-41,832-311,1064,135,1373,327,218-1,697,924-3,133,453959,386-2,524,151-627,679-410,838-96,141
Investing Activities
capital expenditure27,580-20,963-7,9757,806-25,000-29,794-44,420-55,388343,011-500,643
Change in Investments-196,999197,000
cash flow from investments27,580-20,963-7,9757,806-25,000-29,794-44,420-55,388540,010-697,643
Financing Activities
Bank loans
Group/Directors Accounts-37,86040,178-22,631112,851-130,618-3,850,027-3,971,5192,270,5922,738,676-1,183,9942,695,75881,151609,676740,305
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-111-73,37438,45810,522471,031186,17219,159424,627-127,149
interest7,7971,7561022362,2752,06414,28632,76030,52530,23916,82014,893-10,551-15,153
cash flow from financing-30,06441,935-22,528113,087-128,343-3,921,337-3,918,7752,313,8743,240,232-967,5832,731,737520,671599,125598,003
cash and cash equivalents
cash-110,500334,40950,40271,255-411,870192,836-599,532623,75681,779-37,991163,166-162,396218,36429,219
overdraft-225,000225,000
change in cash-110,500334,40950,40271,255-411,870192,836-599,532623,75681,779-37,991163,166-162,396443,364-195,781

rendall & rittner (sales and lettings) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Rendall & Rittner (sales And Lettings) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rendall & rittner (sales and lettings) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SW8 area or any other competitors across 12 key performance metrics.

rendall & rittner (sales and lettings) limited Ownership

RENDALL & RITTNER (SALES AND LETTINGS) LIMITED group structure

Rendall & Rittner (Sales And Lettings) Limited has 1 subsidiary company.

Ultimate parent company

FC SUN INTRESSENTER AB

#0140134

2 parents

RENDALL & RITTNER (SALES AND LETTINGS) LIMITED

04178736

1 subsidiary

RENDALL & RITTNER (SALES AND LETTINGS) LIMITED Shareholders

r & r residential management limited 100%

rendall & rittner (sales and lettings) limited directors

Rendall & Rittner (Sales And Lettings) Limited currently has 3 directors. The longest serving directors include Mr Duncan Rendall (Jan 2018) and Mr John Rittner (Sep 2018).

officercountryagestartendrole
Mr Duncan RendallEngland60 years Jan 2018- Director
Mr John RittnerEngland66 years Sep 2018- Director
Mr Richard DaverEngland59 years Aug 2022- Director

P&L

December 2023

turnover

360.4k

-2%

operating profit

94.4k

-16%

gross margin

99.1%

+0.83%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

513.7k

+0.28%

total assets

635.7k

+0.14%

cash

442.9k

-0.2%

net assets

Total assets minus all liabilities

rendall & rittner (sales and lettings) limited company details

company number

04178736

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

March 2001

age

24

incorporated

UK

ultimate parent company

FC SUN INTRESSENTER AB

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

braemar estates limited (November 2018)

braemar estates (residential) limited (December 2017)

accountant

-

auditor

-

address

13b st. george wharf, london, SW8 2LE

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

rendall & rittner (sales and lettings) 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 rendall & rittner (sales and lettings) limited.

rendall & rittner (sales and lettings) 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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rendall & rittner (sales and lettings) limited Companies House Filings - See Documents

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