reelmcr c.i.c.
reelmcr c.i.c. Company Information
Group Structure
View All
Industry
Video production activities
Registered Address
st wilfred's enterprise centre, royce road, manchester, M15 5BJ
Website
www.reelmcr.co.ukreelmcr c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of REELMCR C.I.C. at £7.1k based on a Turnover of £21.9k and 0.32x industry multiple (adjusted for size and gross margin).
reelmcr c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of REELMCR C.I.C. at £1.6k based on an EBITDA of £908 and a 1.72x industry multiple (adjusted for size and gross margin).
reelmcr c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of REELMCR C.I.C. at £0 based on Net Assets of £-28.2k and 1.27x industry multiple (adjusted for liquidity).
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Reelmcr C.i.c. Overview
Reelmcr C.i.c. is a live company located in manchester, M15 5BJ with a Companies House number of 04645645. It operates in the video production activities sector, SIC Code 59112. Founded in January 2003, it's largest shareholder is unknown. Reelmcr C.i.c. is a mature, micro sized company, Pomanda has estimated its turnover at £21.9k with declining growth in recent years.
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Reelmcr C.i.c. Health Check
Pomanda's financial health check has awarded Reelmcr C.I.C. a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 10 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
10 Weak
Size
annual sales of £21.9k, make it smaller than the average company (£136.9k)
£21.9k - Reelmcr C.i.c.
£136.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (18.2%)
- Reelmcr C.i.c.
18.2% - Industry AVG
Production
with a gross margin of 26.3%, this company has a higher cost of product (56.4%)
26.3% - Reelmcr C.i.c.
56.4% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (8.2%)
2.9% - Reelmcr C.i.c.
8.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
- Reelmcr C.i.c.
2 - Industry AVG
Pay Structure
on an average salary of £25k, the company has an equivalent pay structure (£25k)
- Reelmcr C.i.c.
£25k - Industry AVG
Efficiency
resulting in sales per employee of £21.9k, this is less efficient (£69.1k)
- Reelmcr C.i.c.
£69.1k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (49 days)
83 days - Reelmcr C.i.c.
49 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Reelmcr C.i.c.
- - Industry AVG
Stock Days
it holds stock equivalent to 113 days, this is more than average (8 days)
113 days - Reelmcr C.i.c.
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (25 weeks)
1 weeks - Reelmcr C.i.c.
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 339.5%, this is a higher level of debt than the average (62.2%)
339.5% - Reelmcr C.i.c.
62.2% - Industry AVG
REELMCR C.I.C. financials
Reelmcr C.I.C.'s latest turnover from January 2024 is £21.9 thousand and the company has net assets of -£28.2 thousand. According to their latest financial statements, we estimate that Reelmcr C.I.C. has 1 employee and maintains cash reserves of £935 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 21,851 | 19,630 | 17,120 | 98,841 | |||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 16,095 | 12,856 | 13,218 | 77,372 | |||||||||||
| Gross Profit | 5,756 | 6,774 | 3,902 | 21,469 | |||||||||||
| Admin Expenses | 5,132 | 7,437 | 7,083 | 21,466 | |||||||||||
| Operating Profit | 624 | -663 | -3,181 | 3 | |||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 624 | -663 | -3,181 | 3 | |||||||||||
| Tax | -2 | ||||||||||||||
| Profit After Tax | 624 | -663 | -3,181 | 1 | |||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 624 | -663 | -3,181 | 1 | |||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 908 | -168 | -2,522 | 2,638 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 850 | 861 | 1,356 | 2,015 | 2,685 | 3,579 | 4,771 | 2,961 | 3,948 | 5,634 | 7,512 | 10,016 | 13,354 | 16,049 | 17,057 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 850 | 861 | 1,356 | 2,015 | 2,685 | 3,579 | 4,771 | 2,961 | 3,948 | 5,634 | 7,512 | 10,016 | 13,354 | 16,049 | 17,057 |
| Stock & work in progress | 5,000 | 5,000 | 5,000 | 2,100 | 20,400 | 10,500 | 12,000 | 12,000 | 12,000 | 11,300 | |||||
| Trade Debtors | 4,981 | 2,498 | 3,498 | 12,521 | 10,632 | 13,430 | 15,004 | 32,400 | 18,100 | 16,600 | 18,100 | 16,350 | 16,350 | 16,350 | 19,000 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 935 | 2,333 | 1,501 | ||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 10,916 | 9,831 | 9,999 | 12,521 | 10,632 | 13,430 | 15,004 | 32,400 | 20,200 | 37,000 | 28,600 | 28,350 | 28,350 | 28,350 | 30,300 |
| total assets | 11,766 | 10,692 | 11,355 | 14,536 | 13,317 | 17,009 | 19,775 | 35,361 | 24,148 | 42,634 | 36,112 | 38,366 | 41,704 | 44,399 | 47,357 |
| Bank overdraft | 15,212 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 39,500 | 450 | 16,185 | 7,543 | 23,729 | 17,225 | 19,295 | 14,422 | 17,932 | 705 | |||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 39,950 | 39,500 | 39,500 | 2 | |||||||||||
| total current liabilities | 39,950 | 39,500 | 39,500 | 39,500 | 450 | 16,185 | 7,543 | 23,729 | 17,225 | 19,295 | 14,422 | 17,932 | 15,919 | ||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 39,500 | 39,500 | |||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 39,500 | 39,500 | |||||||||||||
| total liabilities | 39,950 | 39,500 | 39,500 | 39,500 | 39,500 | 39,500 | 450 | 16,185 | 7,543 | 23,729 | 17,225 | 19,295 | 14,422 | 17,932 | 15,919 |
| net assets | -28,184 | -28,808 | -28,145 | -24,964 | -26,183 | -22,491 | 19,325 | 19,176 | 16,605 | 18,905 | 18,887 | 19,071 | 27,282 | 26,467 | 31,438 |
| total shareholders funds | -28,184 | -28,808 | -28,145 | -24,964 | -26,183 | -22,491 | 19,325 | 19,176 | 16,605 | 18,905 | 18,887 | 19,071 | 27,282 | 26,467 | 31,438 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 624 | -663 | -3,181 | 3 | |||||||||||
| Depreciation | 284 | 495 | 659 | 1,316 | 1,878 | 2,504 | 3,338 | 1,171 | 1,008 | 2,635 | |||||
| Amortisation | |||||||||||||||
| Tax | -2 | ||||||||||||||
| Stock | 5,000 | -2,100 | -18,300 | 9,900 | -1,500 | 700 | 11,300 | ||||||||
| Debtors | 2,483 | -1,000 | -9,023 | 1,889 | -2,798 | -1,574 | -17,396 | 14,300 | 1,500 | -1,500 | 1,750 | -2,650 | 19,000 | ||
| Creditors | -39,500 | 39,050 | -15,735 | 8,642 | -16,186 | 6,504 | -2,070 | 4,873 | -3,510 | 17,227 | 705 | ||||
| Accruals and Deferred Income | 450 | 39,500 | -2 | 2 | |||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -1,125 | 832 | 41,001 | -26,957 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -39,500 | 39,500 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -39,500 | 31,437 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -1,398 | 832 | 1,501 | ||||||||||||
| overdraft | -15,212 | 15,212 | |||||||||||||
| change in cash | -1,398 | 832 | 1,501 | 15,212 | -15,212 |
reelmcr c.i.c. Credit Report and Business Information
Reelmcr C.i.c. Competitor Analysis
Perform a competitor analysis for reelmcr c.i.c. by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in M15 area or any other competitors across 12 key performance metrics.
reelmcr c.i.c. Ownership
REELMCR C.I.C. group structure
Reelmcr C.I.C. has no subsidiary companies.
Ultimate parent company
REELMCR C.I.C.
04645645
reelmcr c.i.c. directors
Reelmcr C.I.C. currently has 4 directors. The longest serving directors include Mr Terence Egan (Jan 2003) and Mr Oscar Peek (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Terence Egan | England | 64 years | Jan 2003 | - | Director |
| Mr Oscar Peek | England | 28 years | Feb 2023 | - | Director |
| Ms Jacqueline Carroll | 64 years | Feb 2023 | - | Director | |
| Mr John O'Neil | 33 years | Feb 2023 | - | Director |
P&L
January 2024turnover
21.9k
+11%
operating profit
624
-194%
gross margin
26.4%
-23.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-28.2k
-0.02%
total assets
11.8k
+0.1%
cash
935
-0.6%
net assets
Total assets minus all liabilities
reelmcr c.i.c. company details
company number
04645645
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
59112 - Video production activities
incorporation date
January 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
reel mcr (May 2023)
accountant
-
auditor
-
address
st wilfred's enterprise centre, royce road, manchester, M15 5BJ
Bank
-
Legal Advisor
-
reelmcr c.i.c. 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 reelmcr c.i.c..
reelmcr c.i.c. 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 REELMCR C.I.C.. This can take several minutes, an email will notify you when this has completed.
reelmcr c.i.c. Companies House Filings - See Documents
| date | description | view/download |
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