right support management limited
right support management limited Company Information
Company Number
04395439
Next Accounts
Feb 2025
Industry
Other education n.e.c.
Residential care activities for learning disabilities, mental health and substance abuse
Directors
Shareholders
edith ekwulira eneanya-bonito
odinaka nkasiobi ezike
View AllGroup Structure
View All
Contact
Registered Address
62 ringstead road, london, SE6 2BS
right support management limited Estimated Valuation
Pomanda estimates the enterprise value of RIGHT SUPPORT MANAGEMENT LIMITED at £678.7k based on a Turnover of £1.1m and 0.62x industry multiple (adjusted for size and gross margin).
right support management limited Estimated Valuation
Pomanda estimates the enterprise value of RIGHT SUPPORT MANAGEMENT LIMITED at £683.8k based on an EBITDA of £189.1k and a 3.62x industry multiple (adjusted for size and gross margin).
right support management limited Estimated Valuation
Pomanda estimates the enterprise value of RIGHT SUPPORT MANAGEMENT LIMITED at £1.6m based on Net Assets of £553.6k and 2.83x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Right Support Management Limited Overview
Right Support Management Limited is a live company located in london, SE6 2BS with a Companies House number of 04395439. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in March 2002, it's largest shareholder is edith ekwulira eneanya-bonito with a 40% stake. Right Support Management Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Right Support Management Limited Health Check
Pomanda's financial health check has awarded Right Support Management Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£1.5m)
- Right Support Management Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (5.3%)
- Right Support Management Limited
5.3% - Industry AVG
Production
with a gross margin of 27.4%, this company has a higher cost of product (46.3%)
- Right Support Management Limited
46.3% - Industry AVG
Profitability
an operating margin of 17.3% make it more profitable than the average company (6.4%)
- Right Support Management Limited
6.4% - Industry AVG
Employees
with 6 employees, this is below the industry average (37)
6 - Right Support Management Limited
37 - Industry AVG
Pay Structure
on an average salary of £26.4k, the company has an equivalent pay structure (£26.4k)
- Right Support Management Limited
£26.4k - Industry AVG
Efficiency
resulting in sales per employee of £182.7k, this is more efficient (£45k)
- Right Support Management Limited
£45k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (19 days)
- Right Support Management Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 132 days, this is slower than average (17 days)
- Right Support Management Limited
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Right Support Management Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Right Support Management Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.5%, this is a higher level of debt than the average (32%)
68.5% - Right Support Management Limited
32% - Industry AVG
RIGHT SUPPORT MANAGEMENT LIMITED financials
Right Support Management Limited's latest turnover from May 2023 is estimated at £1.1 million and the company has net assets of £553.6 thousand. According to their latest financial statements, Right Support Management Limited has 6 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 | 444,765 | 488,544 | 322,875 | 259,468 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | ||||||||||
| Gross Profit | 444,765 | 488,544 | 322,875 | 259,468 | ||||||||||
| Admin Expenses | 435,968 | 425,179 | 300,081 | 279,862 | ||||||||||
| Operating Profit | 8,797 | 63,365 | 22,794 | -20,394 | ||||||||||
| Interest Payable | 2,622 | 0 | 0 | 0 | ||||||||||
| Interest Receivable | 0 | 1 | 2 | 1 | ||||||||||
| Pre-Tax Profit | 8,797 | 63,367 | 22,796 | -20,393 | ||||||||||
| Tax | 0 | 0 | 0 | 0 | ||||||||||
| Profit After Tax | 8,797 | 63,367 | 22,796 | -20,393 | ||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||||||
| Retained Profit | 8,797 | 63,367 | 22,796 | -20,393 | ||||||||||
| Employee Costs | 223,044 | 249,202 | 150,953 | 131,766 | ||||||||||
| Number Of Employees | 6 | 6 | 6 | 6 | ||||||||||
| EBITDA* | 12,593 | 66,071 | 25,856 | -17,529 |
* 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 | 1,462,323 | 1,488,961 | 76,329 | 131,006 | 21,879 | 46,598 | 74,496 | 40,488 | 42,222 | 20,276 | 8,789 | 7,133 | 5,750 | 7,825 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 300 | 300 | 300 | 300 | 300 | 300 | 0 | 0 | 0 | 0 | 0 | 46,793 | 21,801 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,462,623 | 1,489,261 | 76,629 | 131,306 | 22,179 | 46,898 | 74,496 | 40,488 | 42,222 | 20,276 | 8,789 | 53,926 | 27,551 | 7,825 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 295,975 | 565,508 | 760,464 | 519,541 | 513,909 | 344,793 | 342,617 | 97,536 | 30,206 | 48,437 | 33,070 | 43,190 | 18,543 | 6,630 |
| 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 | 4,825 | 4,705 | 12,533 | 1,457 | 808 | 1,013 | 4,697 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,056 | 16,371 | 28,225 | 34,168 | 0 | 0 | 0 |
| total current assets | 295,975 | 565,508 | 760,464 | 519,541 | 513,909 | 344,793 | 342,617 | 128,417 | 51,282 | 89,195 | 68,695 | 43,998 | 19,556 | 11,327 |
| total assets | 1,758,598 | 2,054,769 | 837,093 | 650,847 | 536,088 | 391,691 | 417,113 | 168,905 | 93,504 | 109,471 | 77,484 | 97,924 | 47,107 | 19,152 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,254 | 0 | 6,489 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,685 | 3,910 | 6,670 |
| Trade Creditors | 287,957 | 275,919 | 404,262 | 395,167 | 389,719 | 261,938 | 134,324 | 85,478 | 27,632 | 30,255 | 2,959 | 15,290 | 36,711 | 717 |
| 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 | 18,579 | 81,251 | 136,488 | 144,288 | 160,965 | 182,723 |
| total current liabilities | 287,957 | 275,919 | 404,262 | 395,167 | 389,719 | 261,938 | 134,324 | 85,478 | 53,465 | 111,506 | 145,936 | 168,263 | 201,586 | 190,110 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60,602 | 31,667 | 38,577 | 17,803 | 24,120 |
| 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 | 917,004 | 1,367,025 | 78,622 | 53,726 | 0 | 53,844 | 277,269 | 58,902 | 46,336 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 917,004 | 1,367,025 | 78,622 | 53,726 | 0 | 53,844 | 277,269 | 58,902 | 46,336 | 60,602 | 31,667 | 38,577 | 17,803 | 24,120 |
| total liabilities | 1,204,961 | 1,642,944 | 482,884 | 448,893 | 389,719 | 315,782 | 411,593 | 144,380 | 99,801 | 172,108 | 177,603 | 206,840 | 219,389 | 214,230 |
| net assets | 553,637 | 411,825 | 354,209 | 201,954 | 146,369 | 75,909 | 5,520 | 24,525 | -6,297 | -62,637 | -100,119 | -108,916 | -172,282 | -195,078 |
| total shareholders funds | 553,637 | 411,825 | 354,209 | 201,954 | 146,369 | 75,909 | 5,520 | 24,525 | -6,297 | -62,637 | -100,119 | -108,916 | -172,282 | -195,078 |
| 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 | 8,797 | 63,365 | 22,794 | -20,394 | ||||||||||
| Depreciation | 15,394 | 12,860 | 7,478 | 3,796 | 2,706 | 3,062 | 2,865 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | 0 | 0 | 0 | 0 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -269,533 | -194,956 | 240,923 | 5,632 | 169,116 | 2,176 | 245,081 | 67,330 | -18,231 | 15,367 | -10,120 | 24,647 | 11,913 | 6,630 |
| Creditors | 12,038 | -128,343 | 9,095 | 5,448 | 127,781 | 127,614 | 48,846 | 57,846 | -2,623 | 27,296 | -12,331 | -21,421 | 35,994 | 717 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -18,579 | -62,672 | -55,237 | -7,800 | -16,677 | -21,758 | 182,723 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,582 | 3,326 | 28,179 | 159,281 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 300 | 0 | 0 | 0 | 0 | -46,793 | 24,992 | 21,801 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,685 | 4,775 | -2,760 | 6,670 |
| 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 | -60,602 | 28,935 | -6,910 | 20,774 | -6,317 | 24,120 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -450,021 | 1,288,403 | 24,896 | 53,726 | -53,844 | -223,425 | 218,367 | 12,566 | 46,336 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -2,622 | 1 | 2 | 1 | ||||||||||
| cash flow from financing | -18,217 | 25,549 | -9,075 | -143,894 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -4,825 | 120 | -7,828 | 11,076 | 649 | -205 | -3,684 | 4,697 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,254 | 7,254 | -6,489 | 6,489 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -4,825 | 7,374 | -15,082 | 17,565 | -5,840 | -205 | -3,684 | 4,697 |
right support management limited Credit Report and Business Information
Right Support Management Limited Competitor Analysis
Perform a competitor analysis for right support management limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in SE6 area or any other competitors across 12 key performance metrics.
right support management limited Ownership
RIGHT SUPPORT MANAGEMENT LIMITED group structure
Right Support Management Limited has no subsidiary companies.
Ultimate parent company
RIGHT SUPPORT MANAGEMENT LIMITED
04395439
right support management limited directors
Right Support Management Limited currently has 1 director, Ms Edith Eneanya Bonito serving since Jan 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Edith Eneanya Bonito | United Kingdom | 60 years | Jan 2006 | - | Director |
P&L
May 2023turnover
1.1m
-39%
operating profit
189.1k
0%
gross margin
27.4%
-1.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
553.6k
+0.34%
total assets
1.8m
-0.14%
cash
0
0%
net assets
Total assets minus all liabilities
right support management limited company details
company number
04395439
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
87200 - Residential care activities for learning disabilities, mental health and substance abuse
incorporation date
March 2002
age
23
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
desmart enterprises limited (February 2004)
accountant
-
auditor
-
address
62 ringstead road, london, SE6 2BS
Bank
BARCLAYS BANK PLC
Legal Advisor
-
right support management 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 4 charges/mortgages relating to right support management limited. Currently there are 2 open charges and 2 have been satisfied in the past.
right support management 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.
Click to start generating capital raising & share issue transactions for RIGHT SUPPORT MANAGEMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
right support management limited Companies House Filings - See Documents
| date | description | view/download |
|---|
