rees draper wright ltd
rees draper wright ltd Company Information
Company Number
04296868
Next Accounts
Sep 2025
Shareholders
rdw-rd ltd
rdw-rd limited
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
3rd floor, cannon green, 27 bush lane, london, EC4R 0AN
Website
http://rdw.uk.comrees draper wright ltd Estimated Valuation
Pomanda estimates the enterprise value of REES DRAPER WRIGHT LTD at £66.3k based on a Turnover of £381.2k and 0.17x industry multiple (adjusted for size and gross margin).
rees draper wright ltd Estimated Valuation
Pomanda estimates the enterprise value of REES DRAPER WRIGHT LTD at £510.6k based on an EBITDA of £165.8k and a 3.08x industry multiple (adjusted for size and gross margin).
rees draper wright ltd Estimated Valuation
Pomanda estimates the enterprise value of REES DRAPER WRIGHT LTD at £792.7k based on Net Assets of £620.3k and 1.28x industry multiple (adjusted for liquidity).
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Rees Draper Wright Ltd Overview
Rees Draper Wright Ltd is a live company located in london, EC4R 0AN with a Companies House number of 04296868. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in October 2001, it's largest shareholder is rdw-rd ltd with a 100% stake. Rees Draper Wright Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £381.2k with declining growth in recent years.
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Rees Draper Wright Ltd Health Check
Pomanda's financial health check has awarded Rees Draper Wright Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £381.2k, make it smaller than the average company (£10.8m)
£381.2k - Rees Draper Wright Ltd
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -42%, show it is growing at a slower rate (6.6%)
-42% - Rees Draper Wright Ltd
6.6% - Industry AVG
Production
with a gross margin of 28.9%, this company has a comparable cost of product (25.1%)
28.9% - Rees Draper Wright Ltd
25.1% - Industry AVG
Profitability
an operating margin of 43.5% make it more profitable than the average company (3.9%)
43.5% - Rees Draper Wright Ltd
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (46)
- Rees Draper Wright Ltd
46 - Industry AVG
Pay Structure
on an average salary of £57k, the company has an equivalent pay structure (£57k)
- Rees Draper Wright Ltd
£57k - Industry AVG
Efficiency
resulting in sales per employee of £381.2k, this is more efficient (£188.4k)
- Rees Draper Wright Ltd
£188.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Rees Draper Wright Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (9 days)
5 days - Rees Draper Wright Ltd
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rees Draper Wright Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Rees Draper Wright Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.4%, this is a lower level of debt than the average (67.3%)
48.4% - Rees Draper Wright Ltd
67.3% - Industry AVG
REES DRAPER WRIGHT LTD financials
Rees Draper Wright Ltd's latest turnover from December 2023 is £381.2 thousand and the company has net assets of £620.3 thousand. According to their latest financial statements, we estimate that Rees Draper Wright Ltd has 1 employee and maintains cash reserves of £2.7 thousand 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 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 381,178 | 811,605 | 1,191,178 | 1,975,870 | 2,123,326 | 1,533,227 | 1,478,145 | 991,255 | 1,017,596 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 270,934 | 322,239 | 448,232 | 692,395 | 383,979 | 307,526 | 239,179 | 10,336 | 47,777 | ||||||
| Gross Profit | 110,244 | 489,366 | 742,946 | 1,283,475 | 1,739,347 | 1,225,701 | 1,238,966 | 980,919 | 969,819 | ||||||
| Admin Expenses | -55,520 | 602,642 | 826,849 | 1,602,983 | 1,877,912 | 1,133,487 | 655,081 | 604,155 | 724,080 | ||||||
| Operating Profit | 165,764 | -113,276 | -83,903 | -319,508 | -138,565 | 92,214 | 583,885 | 376,764 | 245,739 | ||||||
| Interest Payable | 1,646 | ||||||||||||||
| Interest Receivable | 21 | 37 | 50 | ||||||||||||
| Pre-Tax Profit | 165,764 | -113,276 | -83,903 | -319,508 | -138,565 | 92,214 | 583,906 | 376,801 | 245,789 | ||||||
| Tax | -46,599 | -168,344 | -22,283 | -47,128 | |||||||||||
| Profit After Tax | 165,764 | -113,276 | -83,903 | -319,508 | -138,565 | 45,615 | 415,562 | 354,518 | 198,661 | ||||||
| Dividends Paid | 45,000 | 140,000 | |||||||||||||
| Retained Profit | 165,764 | -113,276 | -83,903 | -319,508 | -138,565 | 45,615 | 415,562 | 309,518 | 58,661 | ||||||
| Employee Costs | 982,285 | 850,293 | 546,188 | ||||||||||||
| Number Of Employees | 9 | 11 | 11 | ||||||||||||
| EBITDA* | 165,764 | -93,229 | -39,740 | -316,117 | -134,356 | 96,363 | 588,373 | 380,009 | 251,739 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 946 | 1,032 | 4,038 | 7,429 | 9,374 | 13,136 | 12,773 | 16,018 | 6,346 | 11,606 | 15,921 | 14,597 | 15,387 | 7,745 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 946 | 1,032 | 4,038 | 7,429 | 9,374 | 13,136 | 12,773 | 16,018 | 6,346 | 11,606 | 15,921 | 14,597 | 15,387 | 7,745 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 129,563 | 82,406 | 103,167 | 233,032 | 1,050,595 | 726,456 | 603,744 | 234,914 | 443,032 | 139,490 | 260,340 | 212,747 | 282,885 | 99,768 | |
| Group Debtors | 1,148,069 | 1,134,524 | 998,772 | 882,038 | 1,303,563 | 340,991 | 928,384 | 309,618 | 86,970 | ||||||
| Misc Debtors | 50,381 | 50,479 | 89,175 | 91,729 | 104,003 | 92,387 | 110,035 | 116,160 | 44,695 | ||||||
| Cash | 2,730 | 47,538 | 129,275 | 73,289 | 23,086 | 93,451 | 155,078 | 46,253 | 274,314 | 217,745 | 571,883 | 198,487 | 279,869 | 225,815 | 88,369 |
| misc current assets | |||||||||||||||
| total current assets | 1,201,180 | 1,362,104 | 1,299,628 | 1,150,223 | 1,663,684 | 1,577,424 | 1,919,953 | 1,075,775 | 640,893 | 660,777 | 711,373 | 458,827 | 492,616 | 508,700 | 188,137 |
| total assets | 1,201,180 | 1,363,050 | 1,300,660 | 1,154,261 | 1,671,113 | 1,586,798 | 1,933,089 | 1,088,548 | 656,911 | 667,123 | 722,979 | 474,748 | 507,213 | 524,087 | 195,882 |
| Bank overdraft | 73 | 205,248 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 4,000 | 33,572 | 58,073 | 40,013 | 20,261 | 10,344 | 22,917 | 39,574 | 9,614 | 178,140 | 342,909 | 137,055 | 176,112 | 251,037 | 100,600 |
| Group/Directors Accounts | 575,306 | 854,355 | 646,685 | 374,378 | 373,629 | 323,576 | 265,760 | ||||||||
| other short term finances | 146,898 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,622 | 20,635 | 28,142 | 88,122 | 100,792 | 143,130 | 224,790 | 191,812 | 99,653 | ||||||
| total current liabilities | 580,928 | 908,562 | 732,900 | 502,586 | 699,930 | 477,050 | 660,365 | 231,386 | 109,267 | 178,140 | 342,909 | 137,055 | 176,112 | 251,037 | 100,600 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 580,928 | 908,562 | 732,900 | 502,586 | 699,930 | 477,050 | 660,365 | 231,386 | 109,267 | 178,140 | 342,909 | 137,055 | 176,112 | 251,037 | 100,600 |
| net assets | 620,252 | 454,488 | 567,760 | 651,675 | 971,183 | 1,109,748 | 1,272,724 | 857,162 | 547,644 | 488,983 | 380,070 | 337,693 | 331,101 | 273,050 | 95,282 |
| total shareholders funds | 620,252 | 454,488 | 567,760 | 651,675 | 971,183 | 1,109,748 | 1,272,724 | 857,162 | 547,644 | 488,983 | 380,070 | 337,693 | 331,101 | 273,050 | 95,282 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 165,764 | -113,276 | -83,903 | -319,508 | -138,565 | 92,214 | 583,885 | 376,764 | 245,739 | ||||||
| Depreciation | 20,047 | 44,163 | 3,391 | 4,209 | 4,149 | 4,488 | 3,245 | 6,000 | 6,000 | 6,000 | 6,000 | 4,864 | 8,151 | 5,974 | |
| Amortisation | |||||||||||||||
| Tax | -46,599 | -168,344 | -22,283 | -47,128 | |||||||||||
| Stock | |||||||||||||||
| Debtors | -116,116 | 144,213 | 93,419 | -563,664 | 156,625 | -280,902 | 735,353 | 586,490 | -76,453 | 303,542 | -120,850 | 47,593 | -70,138 | 183,117 | 99,768 |
| Creditors | -29,572 | -24,501 | 18,060 | 19,752 | 9,917 | -12,573 | -16,657 | -138,566 | -168,526 | -164,769 | 205,854 | -39,057 | -74,925 | 150,437 | 100,600 |
| Accruals and Deferred Income | -19,013 | -7,507 | -59,980 | -12,670 | -42,338 | -81,660 | 32,978 | 191,812 | 99,653 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 233,295 | -269,450 | -175,079 | 254,629 | -323,402 | 236,433 | -299,003 | -175,518 | 212,191 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -279,049 | 207,670 | 272,307 | 749 | 50,053 | 57,816 | 265,760 | ||||||||
| Other Short Term Loans | -146,898 | 146,898 | |||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 21 | 37 | -1,596 | ||||||||||||
| cash flow from financing | -279,049 | 207,674 | 272,295 | 749 | 50,053 | -297,673 | 412,679 | 58,698 | -1,596 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | -44,808 | -81,737 | 55,986 | 50,203 | -70,365 | -61,627 | 108,825 | -171,492 | 56,569 | -354,138 | 373,396 | -81,382 | 54,054 | 137,446 | 88,369 |
| overdraft | -73 | -205,175 | 205,248 | ||||||||||||
| change in cash | -44,808 | -81,737 | 56,059 | 255,378 | -275,613 | -61,627 | 108,825 | -171,492 | 56,569 | -354,138 | 373,396 | -81,382 | 54,054 | 137,446 | 88,369 |
rees draper wright ltd Credit Report and Business Information
Rees Draper Wright Ltd Competitor Analysis
Perform a competitor analysis for rees draper wright ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in EC4R area or any other competitors across 12 key performance metrics.
rees draper wright ltd Ownership
REES DRAPER WRIGHT LTD group structure
Rees Draper Wright Ltd has no subsidiary companies.
Ultimate parent company
2 parents
REES DRAPER WRIGHT LTD
04296868
rees draper wright ltd directors
Rees Draper Wright Ltd currently has 2 directors. The longest serving directors include Mr Gary Ashworth (Aug 2016) and Mr Ben Felton (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Ashworth | 64 years | Aug 2016 | - | Director | |
| Mr Ben Felton | England | 44 years | Oct 2019 | - | Director |
P&L
December 2023turnover
381.2k
-53%
operating profit
165.8k
-246%
gross margin
29%
-52.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
620.3k
+0.36%
total assets
1.2m
-0.12%
cash
2.7k
-0.94%
net assets
Total assets minus all liabilities
rees draper wright ltd company details
company number
04296868
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
October 2001
age
24
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
rdw first limited (October 2002)
oakbay initiatives limited (August 2002)
accountant
-
auditor
-
address
3rd floor, cannon green, 27 bush lane, london, EC4R 0AN
Bank
-
Legal Advisor
-
rees draper wright ltd 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 rees draper wright ltd.
rees draper wright ltd 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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rees draper wright ltd Companies House Filings - See Documents
| date | description | view/download |
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