red spot limited
red spot limited Company Information
Group Structure
View All
Industry
Sound recording and music publishing activities
+1Registered Address
sparkhouse rope walk, lincoln, lincolnshire, LN6 7DQ
Website
www.redspot.co.ukred spot limited Estimated Valuation
Pomanda estimates the enterprise value of RED SPOT LIMITED at £54.8k based on a Turnover of £118.6k and 0.46x industry multiple (adjusted for size and gross margin).
red spot limited Estimated Valuation
Pomanda estimates the enterprise value of RED SPOT LIMITED at £21.2k based on an EBITDA of £7.2k and a 2.94x industry multiple (adjusted for size and gross margin).
red spot limited Estimated Valuation
Pomanda estimates the enterprise value of RED SPOT LIMITED at £19.1k based on Net Assets of £12.4k and 1.54x industry multiple (adjusted for liquidity).
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Red Spot Limited Overview
Red Spot Limited is a live company located in lincolnshire, LN6 7DQ with a Companies House number of 05091524. It operates in the specialised design activities sector, SIC Code 74100. Founded in April 2004, it's largest shareholder is mr david blake with a 100% stake. Red Spot Limited is a mature, micro sized company, Pomanda has estimated its turnover at £118.6k with rapid growth in recent years.
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Red Spot Limited Health Check
Pomanda's financial health check has awarded Red Spot Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £118.6k, make it smaller than the average company (£272.4k)
- Red Spot Limited
£272.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (14.9%)
- Red Spot Limited
14.9% - Industry AVG
Production
with a gross margin of 46.8%, this company has a comparable cost of product (46.8%)
- Red Spot Limited
46.8% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (9.4%)
- Red Spot Limited
9.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Red Spot Limited
2 - Industry AVG
Pay Structure
on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)
- Red Spot Limited
£40.7k - Industry AVG
Efficiency
resulting in sales per employee of £118.6k, this is equally as efficient (£116.7k)
- Red Spot Limited
£116.7k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is near the average (50 days)
- Red Spot Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (31 days)
- Red Spot Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Red Spot Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (26 weeks)
10 weeks - Red Spot Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.4%, this is a higher level of debt than the average (65.7%)
80.4% - Red Spot Limited
65.7% - Industry AVG
RED SPOT LIMITED financials
Red Spot Limited's latest turnover from April 2024 is estimated at £118.6 thousand and the company has net assets of £12.4 thousand. According to their latest financial statements, Red Spot Limited has 1 employee and maintains cash reserves of £9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,982 | 33,377 | 43,452 | 9,265 | 9,348 | 10,870 | 12,939 | 15,757 | 19,608 | 8,111 | 4,422 | 3,389 | 4,444 | 6,612 | 4,741 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 8,989 | 8,989 | 8,989 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 34,971 | 42,366 | 52,441 | 9,265 | 9,348 | 10,870 | 12,939 | 15,757 | 19,608 | 8,111 | 4,422 | 3,389 | 4,444 | 6,612 | 4,741 |
| Stock & work in progress | 400 | 400 | 400 | 400 | |||||||||||
| Trade Debtors | 19,578 | 11,629 | 6,905 | 4,457 | 3,576 | 819 | 5,937 | 3,515 | 2,203 | 2,130 | 7,907 | 12,071 | 8,126 | 1,571 | 1,343 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,874 | 2,874 | 6,914 | 10,995 | |||||||||||
| Cash | 9,037 | 780 | 23,204 | 30,430 | 4,038 | 9,891 | 5,962 | 2,472 | 7,043 | 4,342 | 1,356 | 9,543 | 900 | 1,610 | 79 |
| misc current assets | |||||||||||||||
| total current assets | 28,615 | 15,283 | 32,983 | 41,801 | 18,609 | 10,710 | 12,299 | 6,387 | 9,646 | 6,872 | 9,263 | 21,614 | 9,026 | 3,181 | 1,422 |
| total assets | 63,586 | 57,649 | 85,424 | 51,066 | 27,957 | 21,580 | 25,238 | 22,144 | 29,254 | 14,983 | 13,685 | 25,003 | 13,470 | 9,793 | 6,163 |
| Bank overdraft | 24,544 | 13,686 | 7,041 | 3,244 | 2,786 | ||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 8,291 | 6,910 | 23,831 | 3,785 | 4,181 | 5,782 | 6,969 | 2,529 | 1,124 | 6,210 | 8,025 | 5,988 | 13,439 | 19,737 | 22,566 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 10,891 | 9,225 | 7,623 | 9,706 | 6,097 | 8,317 | 5,516 | 3,848 | 4,159 | ||||||
| total current liabilities | 43,726 | 29,821 | 38,495 | 16,735 | 13,064 | 14,099 | 12,485 | 6,377 | 5,283 | 6,210 | 8,025 | 5,988 | 13,439 | 19,737 | 22,566 |
| loans | 3,020 | 6,024 | 8,988 | 11,176 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,807 | 7,539 | 29,190 | 19,890 | 20,166 | 21,793 | |||||||||
| provisions | 4,397 | 6,778 | 8,256 | 1,425 | 1,367 | 1,567 | 1,851 | 2,371 | 2,508 | ||||||
| total long term liabilities | 7,417 | 12,802 | 17,244 | 12,601 | 1,367 | 1,567 | 1,851 | 4,178 | 10,047 | 29,190 | 19,890 | 20,166 | 21,793 | ||
| total liabilities | 51,143 | 42,623 | 55,739 | 29,336 | 14,431 | 15,666 | 14,336 | 10,555 | 15,330 | 6,210 | 8,025 | 35,178 | 33,329 | 39,903 | 44,359 |
| net assets | 12,443 | 15,026 | 29,685 | 21,730 | 13,526 | 5,914 | 10,902 | 11,589 | 13,924 | 8,773 | 5,660 | -10,175 | -19,859 | -30,110 | -38,196 |
| total shareholders funds | 12,443 | 15,026 | 29,685 | 21,730 | 13,526 | 5,914 | 10,902 | 11,589 | 13,924 | 8,773 | 5,660 | -10,175 | -19,859 | -30,110 | -38,196 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 7,395 | 10,075 | 3,872 | 1,191 | 1,522 | 2,069 | 2,818 | 3,851 | 5,259 | 1,481 | 2,057 | 1,494 | 2,168 | 1,629 | 2,135 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -400 | 400 | |||||||||||||
| Debtors | 5,075 | 4,724 | -1,592 | -3,200 | 13,752 | -5,118 | 2,422 | 1,312 | 73 | -5,777 | -4,164 | 3,945 | 6,555 | 228 | 1,343 |
| Creditors | 1,381 | -16,921 | 20,046 | -396 | -1,601 | -1,187 | 4,440 | 1,405 | -5,086 | -1,815 | 2,037 | -7,451 | -6,298 | -2,829 | 22,566 |
| Accruals and Deferred Income | 1,666 | 1,602 | -2,083 | 3,609 | -2,220 | 2,801 | 1,668 | -311 | 4,159 | ||||||
| Deferred Taxes & Provisions | -2,381 | -1,478 | 6,831 | 58 | -200 | -284 | -520 | -137 | 2,508 | ||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 8,989 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -3,004 | -2,964 | -2,188 | 11,176 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -1,807 | -5,732 | 7,539 | -29,190 | 9,300 | -276 | -1,627 | 21,793 | |||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 8,257 | -22,424 | -7,226 | 26,392 | -5,853 | 3,929 | 3,490 | -4,571 | 2,701 | 2,986 | -8,187 | 8,643 | -710 | 1,531 | 79 |
| overdraft | 10,858 | 6,645 | 3,797 | 458 | 2,786 | ||||||||||
| change in cash | -2,601 | -29,069 | -11,023 | 25,934 | -8,639 | 3,929 | 3,490 | -4,571 | 2,701 | 2,986 | -8,187 | 8,643 | -710 | 1,531 | 79 |
red spot limited Credit Report and Business Information
Red Spot Limited Competitor Analysis
Perform a competitor analysis for red spot limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in LN6 area or any other competitors across 12 key performance metrics.
red spot limited Ownership
RED SPOT LIMITED group structure
Red Spot Limited has no subsidiary companies.
Ultimate parent company
RED SPOT LIMITED
05091524
red spot limited directors
Red Spot Limited currently has 1 director, Mr David Blake serving since Mar 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Blake | United Kingdom | 54 years | Mar 2008 | - | Director |
P&L
April 2024turnover
118.6k
+45%
operating profit
-181.5
0%
gross margin
46.9%
+1.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
12.4k
-0.17%
total assets
63.6k
+0.1%
cash
9k
+10.59%
net assets
Total assets minus all liabilities
red spot limited company details
company number
05091524
Type
Private limited with Share Capital
industry
59200 - Sound recording and music publishing activities
74100 - Specialised design activities
incorporation date
April 2004
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
WRIGHT VIGAR LIMITED
auditor
-
address
sparkhouse rope walk, lincoln, lincolnshire, LN6 7DQ
Bank
-
Legal Advisor
-
red spot 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 did not find charges/mortgages relating to red spot limited.
red spot 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 RED SPOT LIMITED. This can take several minutes, an email will notify you when this has completed.
red spot limited Companies House Filings - See Documents
| date | description | view/download |
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