redworth ltd
redworth ltd Company Information
Group Structure
View All
Industry
Activities of head offices
Registered Address
unit 1 millennium city park, millennium road, preston, PR2 5BL
Website
mblgroup.co.ukredworth ltd Estimated Valuation
Pomanda estimates the enterprise value of REDWORTH LTD at £97.6k based on a Turnover of £196.5k and 0.5x industry multiple (adjusted for size and gross margin).
redworth ltd Estimated Valuation
Pomanda estimates the enterprise value of REDWORTH LTD at £0 based on an EBITDA of £-132 and a 3.93x industry multiple (adjusted for size and gross margin).
redworth ltd Estimated Valuation
Pomanda estimates the enterprise value of REDWORTH LTD at £197.3k based on Net Assets of £93.7k and 2.11x industry multiple (adjusted for liquidity).
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Redworth Ltd Overview
Redworth Ltd is a live company located in preston, PR2 5BL with a Companies House number of 04421232. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2002, it's largest shareholder is ghtc (holdings) limited with a 100% stake. Redworth Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £196.5k with healthy growth in recent years.
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Redworth Ltd Health Check
Pomanda's financial health check has awarded Redworth Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
3 Weak
Size
annual sales of £196.5k, make it smaller than the average company (£20.3m)
- Redworth Ltd
£20.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8.9%)
- Redworth Ltd
8.9% - Industry AVG
Production
with a gross margin of 33.2%, this company has a comparable cost of product (33.2%)
- Redworth Ltd
33.2% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (5.8%)
- Redworth Ltd
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (114)
1 - Redworth Ltd
114 - Industry AVG
Pay Structure
on an average salary of £48.8k, the company has an equivalent pay structure (£48.8k)
- Redworth Ltd
£48.8k - Industry AVG
Efficiency
resulting in sales per employee of £196.5k, this is equally as efficient (£196.5k)
- Redworth Ltd
£196.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Redworth Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Redworth Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Redworth Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (16 weeks)
36 weeks - Redworth Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.6%, this is a lower level of debt than the average (54.7%)
1.6% - Redworth Ltd
54.7% - Industry AVG
REDWORTH LTD financials
Redworth Ltd's latest turnover from March 2024 is estimated at £196.5 thousand and the company has net assets of £93.7 thousand. According to their latest financial statements, Redworth Ltd has 1 employee and maintains cash reserves of £1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -286,340 | -106,180 | -50,000 | 112,000 | -6,629,000 | ||||||||||
| Interest Payable | 7 | ||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 72,407 | 284,232 | 350,000 | 112,000 | -5,332,000 | 1,038,000 | |||||||||
| Tax | -28,000 | ||||||||||||||
| Profit After Tax | 72,407 | 284,232 | 350,000 | 84,000 | -5,332,000 | 1,038,000 | |||||||||
| Dividends Paid | 225,000 | 392,000 | 1,297,000 | 1,038,000 | |||||||||||
| Retained Profit | 72,407 | 59,232 | -42,000 | 84,000 | -6,629,000 | ||||||||||
| Employee Costs | 70,981 | 4,055 | |||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 |
| EBITDA* | -249,780 | -106,180 | -50,000 | 112,000 | -6,629,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 63,553 | 89,975 | 134,092 | 178,669 | 219,664 | 171,713 | |||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 5 | 36,000 | 42,000 | 6,729,000 | |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2 | 2 | 2 | 2 | 63,555 | 89,977 | 134,095 | 178,672 | 219,667 | 171,716 | 5 | 36,000 | 42,000 | 6,729,000 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | 64,110 | 64,160 | 50,745 | 59,363 | 61,780 | 82,188 | 1,311,540 | 912,371 | 1,363,958 | 1,121,000 | 16,782,000 | 15,498,000 | |||
| Misc Debtors | 30,000 | 30,000 | 30,000 | 30,150 | 30,000 | 30,000 | 137,145 | 425,240 | 319,350 | 377,108 | 78,801 | 3,000 | |||
| Cash | 1,033 | 1,061 | 15,471 | 8,426 | 6,976 | 592 | 6,337 | 106,357 | 9,619 | 3,701 | 3,699 | 1,000 | 16,000 | 4,000 | |
| misc current assets | |||||||||||||||
| total current assets | 95,143 | 95,221 | 96,216 | 97,939 | 98,756 | 112,780 | 143,482 | 531,597 | 1,640,509 | 1,293,180 | 1,446,458 | 1,121,000 | 4,000 | 16,798,000 | 15,502,000 |
| total assets | 95,145 | 95,223 | 96,218 | 97,941 | 162,311 | 202,757 | 277,577 | 710,269 | 1,860,176 | 1,464,896 | 1,446,463 | 1,121,000 | 40,000 | 16,840,000 | 22,231,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,666 | 25,952 | 49,687 | 32,910 | 38,047 | ||||||||||
| Group/Directors Accounts | 72,313 | 1,733,775 | 1,191,438 | 1,349,395 | 1,123,000 | 16,864,000 | 15,646,000 | ||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,477 | 1,477 | 1,477 | 1,326 | 1,327 | 14,527 | 107,056 | 71,152 | 62,390 | 110,977 | 1,857 | 20,000 | |||
| total current liabilities | 1,477 | 1,477 | 1,477 | 1,326 | 1,327 | 14,527 | 108,722 | 169,417 | 1,845,852 | 1,335,325 | 1,389,299 | 1,123,000 | 16,884,000 | 15,646,000 | |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 1,477 | 1,477 | 1,477 | 1,326 | 1,327 | 14,527 | 108,722 | 169,417 | 1,845,852 | 1,335,325 | 1,389,299 | 1,123,000 | 16,884,000 | 15,646,000 | |
| net assets | 93,668 | 93,746 | 94,741 | 96,615 | 160,984 | 188,230 | 168,855 | 540,852 | 14,324 | 129,571 | 57,164 | -2,000 | 40,000 | -44,000 | 6,585,000 |
| total shareholders funds | 93,668 | 93,746 | 94,741 | 96,615 | 160,984 | 188,230 | 168,855 | 540,852 | 14,324 | 129,571 | 57,164 | -2,000 | 40,000 | -44,000 | 6,585,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -286,340 | -106,180 | -50,000 | 112,000 | -6,629,000 | ||||||||||
| Depreciation | 63,553 | 26,422 | 44,117 | 44,577 | 48,006 | 36,567 | 36,560 | ||||||||
| Amortisation | |||||||||||||||
| Tax | -28,000 | ||||||||||||||
| Stock | |||||||||||||||
| Debtors | -50 | 13,415 | -8,768 | -2,267 | -20,408 | -24,957 | -288,095 | -1,205,650 | 341,411 | -153,280 | 321,759 | 1,118,000 | -16,779,000 | 1,284,000 | 15,498,000 |
| Creditors | -1,666 | -24,286 | -23,735 | 16,777 | -5,137 | 38,047 | |||||||||
| Accruals and Deferred Income | 151 | -1 | -13,200 | -92,529 | 35,904 | 8,762 | -48,587 | 109,120 | 1,857 | -20,000 | 20,000 | ||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 7,483 | -388,035 | -1,168,000 | 16,843,000 | -7,893,000 | -15,498,000 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1 | -2 | 5 | -36,000 | -6,000 | -6,687,000 | 6,729,000 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -72,313 | -1,661,462 | 542,337 | -157,957 | 226,395 | 1,123,000 | -16,864,000 | 1,218,000 | 15,646,000 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -7 | ||||||||||||||
| cash flow from financing | -157,964 | 226,327 | 1,123,000 | -16,864,000 | 1,218,000 | 22,231,000 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -28 | -14,410 | 7,045 | 1,450 | 6,384 | -5,745 | -100,020 | 96,738 | 5,918 | 2 | 3,699 | -1,000 | -15,000 | 12,000 | 4,000 |
| overdraft | |||||||||||||||
| change in cash | -28 | -14,410 | 7,045 | 1,450 | 6,384 | -5,745 | -100,020 | 96,738 | 5,918 | 2 | 3,699 | -1,000 | -15,000 | 12,000 | 4,000 |
redworth ltd Credit Report and Business Information
Redworth Ltd Competitor Analysis
Perform a competitor analysis for redworth ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in PR2 area or any other competitors across 12 key performance metrics.
redworth ltd Ownership
REDWORTH LTD group structure
Redworth Ltd has no subsidiary companies.
redworth ltd directors
Redworth Ltd currently has 1 director, Mr Robert Sharp serving since Mar 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Sharp | 47 years | Mar 2018 | - | Director |
P&L
March 2024turnover
196.5k
+2%
operating profit
-133
0%
gross margin
33.3%
+0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
93.7k
0%
total assets
95.1k
0%
cash
1k
-0.03%
net assets
Total assets minus all liabilities
redworth ltd company details
company number
04421232
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
April 2002
age
23
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
WALLWORK NELSON & JOHNSON
address
unit 1 millennium city park, millennium road, preston, PR2 5BL
Bank
-
Legal Advisor
-
redworth 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 redworth ltd.
redworth 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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redworth ltd Companies House Filings - See Documents
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