city red (holdings) limited
city red (holdings) limited Company Information
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
city red properties, city red house 35 cromer terrace, leeds, west yorkshire, LS2 9JU
Website
www.cityred.co.ukcity red (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of CITY RED (HOLDINGS) LIMITED at £862.5k based on a Turnover of £281k and 3.07x industry multiple (adjusted for size and gross margin).
city red (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of CITY RED (HOLDINGS) LIMITED at £6.5m based on an EBITDA of £990.9k and a 6.58x industry multiple (adjusted for size and gross margin).
city red (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of CITY RED (HOLDINGS) LIMITED at £2.8m based on Net Assets of £1.8m and 1.58x industry multiple (adjusted for liquidity).
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City Red (holdings) Limited Overview
City Red (holdings) Limited is a live company located in leeds, LS2 9JU with a Companies House number of 04995152. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2003, it's largest shareholder is ahmed khalil al-ani with a 100% stake. City Red (holdings) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £281k with declining growth in recent years.
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City Red (holdings) Limited Health Check
Pomanda's financial health check has awarded City Red (Holdings) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £281k, make it smaller than the average company (£770.2k)
- City Red (holdings) Limited
£770.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (3.3%)
- City Red (holdings) Limited
3.3% - Industry AVG
Production
with a gross margin of 71.7%, this company has a comparable cost of product (71.7%)
- City Red (holdings) Limited
71.7% - Industry AVG
Profitability
an operating margin of 352.7% make it more profitable than the average company (25.8%)
- City Red (holdings) Limited
25.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- City Red (holdings) Limited
4 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)
- City Red (holdings) Limited
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £140.5k, this is less efficient (£176.4k)
- City Red (holdings) Limited
£176.4k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is later than average (24 days)
- City Red (holdings) Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (33 days)
- City Red (holdings) Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- City Red (holdings) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - City Red (holdings) Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.5%, this is a lower level of debt than the average (63.9%)
57.5% - City Red (holdings) Limited
63.9% - Industry AVG
CITY RED (HOLDINGS) LIMITED financials
City Red (Holdings) Limited's latest turnover from June 2024 is estimated at £281 thousand and the company has net assets of £1.8 million. According to their latest financial statements, we estimate that City Red (Holdings) Limited has 2 employees and maintains cash reserves of £272 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,801 | 2,402 | 3,203 | 4,271 | 5,695 | 2,948,959 | 2,951,490 | 2,941,365 | 4,421,365 | 4,434,172 | 4,541,901 | ||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 3,775,217 | 3,470,461 | 3,318,167 | 2,820,217 | 2,432,717 | 3,072,717 | 3,072,717 | 3,147,717 | 2,941,482 | 117 | |||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 3,775,217 | 3,470,461 | 3,318,167 | 2,820,217 | 2,434,518 | 3,075,119 | 3,075,920 | 3,151,988 | 2,947,177 | 2,949,076 | 2,951,490 | 2,941,365 | 4,421,365 | 4,434,172 | 4,541,901 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 27,908 | 83,379 | 93,946 | 37,028 | 20,552 | 8,800 | 2 | 35,507 | 167,910 | 103,828 | 61,028 | 362,078 | 339,725 | ||
| Group Debtors | 393,344 | 357,804 | 346,304 | 350,094 | 307,625 | 181,148 | 13,375 | 3,851 | 14,495 | ||||||
| Misc Debtors | 7,537 | 10,313 | 10,313 | 10,313 | 2,286 | 74 | 74 | ||||||||
| Cash | 272 | 21,536 | 22,980 | 61,452 | 101,208 | 21,718 | 174,846 | 58,443 | 42,951 | 41,198 | 29,153 | 22,789 | 69,061 | 16,598 | 35,348 |
| misc current assets | 7,914 | ||||||||||||||
| total current assets | 429,061 | 473,032 | 473,543 | 458,887 | 431,671 | 219,580 | 188,221 | 62,368 | 57,522 | 76,705 | 197,063 | 126,617 | 130,089 | 378,676 | 375,073 |
| total assets | 4,204,278 | 3,943,493 | 3,791,710 | 3,279,104 | 2,866,189 | 3,294,699 | 3,264,141 | 3,214,356 | 3,004,699 | 3,025,781 | 3,148,553 | 3,067,982 | 4,551,454 | 4,812,848 | 4,916,974 |
| Bank overdraft | 8,752 | 92,457 | 91,080 | 89,700 | 72,619 | 73,986 | 73,634 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 3,000 | 24,598 | 39,198 | 22,498 | 2,971 | 44,649 | 165 | 165 | 939,563 | 982,068 | 1,035,642 | 964,471 | 1,138,760 | 1,123,567 | |
| Group/Directors Accounts | 100 | 100 | 18,311 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 690,952 | 627,431 | 539,132 | 426,403 | 331,251 | 786,379 | 811,304 | 833,271 | 893,605 | ||||||
| total current liabilities | 702,704 | 744,486 | 669,410 | 538,601 | 334,222 | 831,128 | 884,023 | 925,733 | 967,404 | 939,563 | 982,068 | 1,035,642 | 964,471 | 1,138,760 | 1,123,567 |
| loans | 1,488,443 | 1,529,712 | 1,655,455 | 1,694,690 | 1,603,497 | 1,638,211 | 1,638,177 | 1,741,445 | 1,815,981 | ||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,939,742 | 2,028,346 | 2,216,185 | 3,299,924 | 3,424,888 | 3,531,577 | |||||||||
| provisions | 225,722 | 113,645 | 84,734 | 44,163 | 62,612 | 62,612 | 62,612 | ||||||||
| total long term liabilities | 1,714,165 | 1,643,357 | 1,740,189 | 1,738,853 | 1,666,109 | 1,700,823 | 1,700,789 | 1,741,445 | 1,815,981 | 1,939,742 | 2,028,346 | 2,216,185 | 3,299,924 | 3,424,888 | 3,531,577 |
| total liabilities | 2,416,869 | 2,387,843 | 2,409,599 | 2,277,454 | 2,000,331 | 2,531,951 | 2,584,812 | 2,667,178 | 2,783,385 | 2,879,305 | 3,010,414 | 3,251,827 | 4,264,395 | 4,563,648 | 4,655,144 |
| net assets | 1,787,409 | 1,555,650 | 1,382,111 | 1,001,650 | 865,858 | 762,748 | 679,329 | 547,178 | 221,314 | 146,476 | 138,139 | -183,845 | 287,059 | 249,200 | 261,830 |
| total shareholders funds | 1,787,409 | 1,555,650 | 1,382,111 | 1,001,650 | 865,858 | 762,748 | 679,329 | 547,178 | 221,314 | 146,476 | 138,139 | -183,845 | 287,059 | 249,200 | 261,830 |
| Jun 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 601 | 801 | 1,088 | 1,424 | 1,899 | 2,531 | 3,375 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 428,789 | 933 | 53,128 | 66,972 | 140,515 | 176,573 | 9,450 | -10,646 | -20,936 | -132,403 | 64,082 | 42,800 | -301,050 | 22,353 | 339,725 |
| Creditors | 3,000 | -14,600 | 16,700 | 19,527 | -41,678 | 44,649 | -165 | -939,398 | -42,505 | -53,574 | 71,171 | -174,289 | 15,193 | 1,123,567 | |
| Accruals and Deferred Income | 690,952 | 88,299 | 112,729 | 95,152 | -455,128 | -24,925 | -21,967 | -60,334 | 893,605 | ||||||
| Deferred Taxes & Provisions | 225,722 | 28,911 | 40,571 | -18,449 | 62,612 | ||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 3,775,217 | 152,294 | 497,950 | 387,500 | -640,000 | -75,000 | 206,235 | 2,941,365 | 117 | ||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -100 | -18,211 | 18,311 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 1,488,443 | -125,743 | -39,235 | 91,193 | -34,714 | 34 | -103,268 | -74,536 | 1,815,981 | ||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -1,939,742 | -88,604 | -187,839 | -1,083,739 | -124,964 | -106,689 | 3,531,577 | ||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 272 | -1,444 | -38,472 | -39,756 | 79,490 | -153,128 | 116,403 | 15,492 | 1,753 | 12,045 | 6,364 | -46,272 | 52,463 | -18,750 | 35,348 |
| overdraft | 8,752 | 1,377 | 1,380 | 89,700 | -72,619 | -1,367 | 352 | 73,634 | |||||||
| change in cash | -8,480 | -2,821 | -39,852 | -129,456 | 79,490 | -80,509 | 117,770 | 15,140 | -71,881 | 12,045 | 6,364 | -46,272 | 52,463 | -18,750 | 35,348 |
city red (holdings) limited Credit Report and Business Information
City Red (holdings) Limited Competitor Analysis
Perform a competitor analysis for city red (holdings) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LS2 area or any other competitors across 12 key performance metrics.
city red (holdings) limited Ownership
CITY RED (HOLDINGS) LIMITED group structure
City Red (Holdings) Limited has 6 subsidiary companies.
Ultimate parent company
CITY RED (HOLDINGS) LIMITED
04995152
6 subsidiaries
city red (holdings) limited directors
City Red (Holdings) Limited currently has 1 director, Dr Ahmed Al-Ani serving since Dec 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Ahmed Al-Ani | 44 years | Dec 2003 | - | Director |
P&L
June 2024turnover
281k
0%
operating profit
990.9k
0%
gross margin
71.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
1.8m
0%
total assets
4.2m
0%
cash
272
0%
net assets
Total assets minus all liabilities
city red (holdings) limited company details
company number
04995152
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
December 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
back to back holdings limited (December 2003)
accountant
-
auditor
-
address
city red properties, city red house 35 cromer terrace, leeds, west yorkshire, LS2 9JU
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
city red (holdings) 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 49 charges/mortgages relating to city red (holdings) limited. Currently there are 11 open charges and 38 have been satisfied in the past.
city red (holdings) 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 CITY RED (HOLDINGS) LIMITED. This can take several minutes, an email will notify you when this has completed.
city red (holdings) limited Companies House Filings - See Documents
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