red football joint venture limited

Live Mature

red football joint venture limited Company Information

Share RED FOOTBALL JOINT VENTURE LIMITED

Company Number

05321166

Directors

Avram Glazer

Joel Glazer

View All

Shareholders

red football shareholder ltd

Group Structure

View All

Industry

Activities of sport clubs

 

Registered Address

old trafford, manchester, M16 0RA

red football joint venture limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RED FOOTBALL JOINT VENTURE LIMITED at £0 based on a Turnover of £0 and 0.95x industry multiple (adjusted for size and gross margin).

red football joint venture limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RED FOOTBALL JOINT VENTURE LIMITED at £0 based on an EBITDA of £-32m and a 3.32x industry multiple (adjusted for size and gross margin).

red football joint venture limited Estimated Valuation

£668.9m

Pomanda estimates the enterprise value of RED FOOTBALL JOINT VENTURE LIMITED at £668.9m based on Net Assets of £437.2m and 1.53x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Red Football Joint Venture Limited Overview

Red Football Joint Venture Limited is a live company located in manchester, M16 0RA with a Companies House number of 05321166. It operates in the activities of sport clubs sector, SIC Code 93120. Founded in December 2004, it's largest shareholder is red football shareholder ltd with a 100% stake. Red Football Joint Venture Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

View Sample
View Sample
View Sample

Red Football Joint Venture Limited Health Check

There is insufficient data available to calculate a health check for Red Football Joint Venture Limited. Company Health Check FAQs

Health Check Image
Health Rating0out of 5
positive_score

0 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Red Football Joint Venture Limited

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Red Football Joint Venture Limited

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Red Football Joint Venture Limited

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Red Football Joint Venture Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (23)

- - Red Football Joint Venture Limited

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Red Football Joint Venture Limited

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Red Football Joint Venture Limited

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Red Football Joint Venture Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Red Football Joint Venture Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Red Football Joint Venture Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Red Football Joint Venture Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 61%, this is a higher level of debt than the average (44.1%)

- - Red Football Joint Venture Limited

- - Industry AVG

RED FOOTBALL JOINT VENTURE LIMITED financials

EXPORTms excel logo

Red Football Joint Venture Limited's latest turnover from June 2024 is 0 and the company has net assets of £437.2 million. According to their latest financial statements, we estimate that Red Football Joint Venture Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover286,416,000
Other Income Or Grants
Cost Of Sales126,139,019
Gross Profit160,276,981
Admin Expenses31,990,000-12,998,667-53,507,4071,200,00095,966,981
Operating Profit-31,990,00012,998,66753,507,407-1,200,00064,310,000
Interest Payable42,799,00016,511,00072,122,000
Interest Receivable1,715,000
Pre-Tax Profit-42,799,00033,553,00010,718,00044,534,00023,326,00021,982,00023,295,00020,084,000-17,711,000-44,273,000
Tax10,809,0009,749,0009,788,0007,768,0007,888,0009,182,0008,151,00010,237,00010,366,00010,663,0007,482,0004,863,00013,542,00020,537,000-3,211,000
Profit After Tax-31,990,0009,749,00043,341,00018,486,00052,422,00032,508,00030,133,00033,532,00030,450,00010,663,0007,482,0004,863,00013,542,0002,826,000-47,484,000
Dividends Paid33,553,00010,718,00044,534,00023,326,00021,982,00023,295,00020,084,000
Retained Profit-31,990,0009,749,0009,788,0007,768,0007,888,0009,182,0008,151,00010,237,00010,366,00010,663,0007,482,0004,863,00013,542,0002,826,000-47,484,000
Employee Costs131,689,000
Number Of Employees11111111111111592
EBITDA*-31,990,00012,998,66753,507,407-1,200,000112,944,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets264,004,000
Intangible Assets515,723,000
Investments & Other1,099,982,000964,422,000961,769,000952,938,000952,938,000952,938,000952,938,000952,938,000952,938,000952,938,000952,938,000952,938,000952,938,000952,938,0009,038,000
Debtors (Due After 1 year)12,957,000
Total Fixed Assets1,099,982,000964,422,000961,769,000952,938,000952,938,000952,938,000952,938,000952,938,000952,938,000952,938,000952,938,000952,938,000952,938,000952,938,000779,727,000
Stock & work in progress
Trade Debtors38,571,000
Group Debtors20,748,00016,174,00012,175,00011,218,0008,207,0005,043,0001,824,00028,125,00027,894,00027,892,00027,892,00027,892,00027,892,00027,651,000
Misc Debtors9,768,000
Cash163,833,000
misc current assets28,160,000
total current assets20,748,00016,174,00012,175,00011,218,0008,207,0005,043,0001,824,00028,125,00027,894,00027,892,00027,892,00027,892,00027,892,00027,651,000240,332,000
total assets1,120,730,000980,596,000973,944,000964,156,000961,145,000957,981,000954,762,000981,063,000980,832,000980,830,000980,830,000980,830,000980,830,000980,589,0001,020,059,000
Bank overdraft
Bank loan319,000
Trade Creditors 16,905,000
Group/Directors Accounts683,520,000511,396,000514,493,000514,493,000519,250,000523,974,000529,937,000564,389,000574,395,000584,759,000595,422,000602,904,000607,767,000621,068,000
other short term finances19,072,000
hp & lease commitments
other current liabilities152,591,000
total current liabilities683,520,000511,396,000514,493,000514,493,000519,250,000523,974,000529,937,000564,389,000574,395,000584,759,000595,422,000602,904,000607,767,000621,068,000188,887,000
loans1,509,425,000
hp & lease commitments
Accruals and Deferred Income27,324,000
other liabilities30,389,000
provisions124,316,000
total long term liabilities875,352,000
total liabilities683,520,000511,396,000514,493,000514,493,000519,250,000523,974,000529,937,000564,389,000574,395,000584,759,000595,422,000602,904,000607,767,000621,068,0001,064,239,000
net assets437,210,000469,200,000459,451,000449,663,000441,895,000434,007,000424,825,000416,674,000406,437,000396,071,000385,408,000377,926,000373,063,000359,521,000-44,180,000
total shareholders funds437,210,000469,200,000459,451,000449,663,000441,895,000434,007,000424,825,000416,674,000406,437,000396,071,000385,408,000377,926,000373,063,000359,521,000-44,180,000
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-31,990,00012,998,66753,507,407-1,200,00064,310,000
Depreciation8,547,000
Amortisation40,087,000
Tax10,809,0009,749,0009,788,0007,768,0007,888,0009,182,0008,151,00010,237,00010,366,00010,663,0007,482,0004,863,00013,542,00020,537,000-3,211,000
Stock
Debtors4,574,0003,999,000957,0003,011,0003,164,0003,219,000-26,301,000231,0002,000241,000-33,645,00061,296,000
Creditors-16,905,00016,905,000
Accruals and Deferred Income-179,915,000179,915,000
Deferred Taxes & Provisions-124,316,000124,316,000
Cash flow from operations-25,755,00018,748,66762,338,4074,757,0004,724,0005,963,00034,452,00010,006,00010,364,00010,663,0007,482,0004,863,00013,301,000-268,154,000369,573,000
Investing Activities
capital expenditure779,727,000-828,361,000
Change in Investments135,560,0002,653,0008,831,000943,900,0009,038,000
cash flow from investments-135,560,000-2,653,000-8,831,000-164,173,000-837,399,000
Financing Activities
Bank loans-319,000319,000
Group/Directors Accounts172,124,000-3,097,000-4,757,000-4,724,000-5,963,000-34,452,000-10,006,000-10,364,000-10,663,000-7,482,000-4,863,000-13,301,000621,068,000
Other Short Term Loans -19,072,00019,072,000
Long term loans-1,509,425,0001,509,425,000
Hire Purchase and Lease Commitments
other long term liabilities-30,389,00030,389,000
share issue400,875,0003,304,000
interest-42,799,000-16,511,000-70,407,000
cash flow from financing129,325,000-3,097,000-4,757,000-4,724,000-5,963,000-34,452,000-10,006,000-10,364,000-10,663,000-7,482,000-4,863,000-13,301,000-553,773,0001,492,102,000
cash and cash equivalents
cash-163,833,000163,833,000
overdraft
change in cash-163,833,000163,833,000

red football joint venture limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for red football joint venture limited. Get real-time insights into red football joint venture limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Red Football Joint Venture Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for red football joint venture limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mature companies, companies in M16 area or any other competitors across 12 key performance metrics.

red football joint venture limited Ownership

RED FOOTBALL JOINT VENTURE LIMITED group structure

Red Football Joint Venture Limited has 1 subsidiary company.

Ultimate parent company

MANCHESTER UNITED PLC

#0064319

2 parents

RED FOOTBALL JOINT VENTURE LIMITED

05321166

1 subsidiary

RED FOOTBALL JOINT VENTURE LIMITED Shareholders

red football shareholder ltd 100%

red football joint venture limited directors

Red Football Joint Venture Limited currently has 7 directors. The longest serving directors include Mr Avram Glazer (Apr 2005) and Mr Joel Glazer (Apr 2005).

officercountryagestartendrole
Mr Avram Glazer64 years Apr 2005- Director
Mr Joel Glazer58 years Apr 2005- Director
Mr Mitchell Nusbaum61 years May 2005- Director
Mr Bryan Glazer60 years May 2006- Director
Mr Edward Glazer55 years May 2006- Director
Ms Darcie Glazer56 years May 2006- Director
Mr Kevin Glazer63 years May 2006- Director

P&L

June 2024

turnover

0

0%

operating profit

-32m

0%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

437.2m

-0.07%

total assets

1.1b

+0.14%

cash

0

0%

net assets

Total assets minus all liabilities

red football joint venture limited company details

company number

05321166

Type

Private limited with Share Capital

industry

93120 - Activities of sport clubs

incorporation date

December 2004

age

21

incorporated

UK

ultimate parent company

MANCHESTER UNITED PLC

accounts

Full Accounts

last accounts submitted

June 2024

previous names

alnery no. 2487 limited (February 2005)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

old trafford, manchester, M16 0RA

Bank

-

Legal Advisor

-

red football joint venture 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 1 charges/mortgages relating to red football joint venture limited. Currently there are 1 open charges and 0 have been satisfied in the past.

red football joint venture 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 FOOTBALL JOINT VENTURE LIMITED. This can take several minutes, an email will notify you when this has completed.

red football joint venture limited Companies House Filings - See Documents

datedescriptionview/download