red and black racing limited
red and black racing limited Company Information
Company Number
05499860
Next Accounts
Jul 2025
Shareholders
nigel roger thompson
Group Structure
View All
Industry
Activities of sport clubs
Registered Address
breedon brand farm breedon lane, osgathorpe, leicestershire, LE12 9ST
Website
www.redandblackracing.co.ukred and black racing limited Estimated Valuation
Pomanda estimates the enterprise value of RED AND BLACK RACING LIMITED at £94.8k based on a Turnover of £84.5k and 1.12x industry multiple (adjusted for size and gross margin).
red and black racing limited Estimated Valuation
Pomanda estimates the enterprise value of RED AND BLACK RACING LIMITED at £56.4k based on an EBITDA of £18.1k and a 3.11x industry multiple (adjusted for size and gross margin).
red and black racing limited Estimated Valuation
Pomanda estimates the enterprise value of RED AND BLACK RACING LIMITED at £0 based on Net Assets of £-11.8k and 1.77x industry multiple (adjusted for liquidity).
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Red And Black Racing Limited Overview
Red And Black Racing Limited is a live company located in leicestershire, LE12 9ST with a Companies House number of 05499860. It operates in the activities of sport clubs sector, SIC Code 93120. Founded in July 2005, it's largest shareholder is nigel roger thompson with a 100% stake. Red And Black Racing Limited is a mature, micro sized company, Pomanda has estimated its turnover at £84.5k with declining growth in recent years.
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Red And Black Racing Limited Health Check
Pomanda's financial health check has awarded Red And Black Racing 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 £84.5k, make it smaller than the average company (£333.3k)
- Red And Black Racing Limited
£333.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (9.5%)
- Red And Black Racing Limited
9.5% - Industry AVG
Production
with a gross margin of 59.3%, this company has a comparable cost of product (59.3%)
- Red And Black Racing Limited
59.3% - Industry AVG
Profitability
an operating margin of 19.3% make it more profitable than the average company (0%)
- Red And Black Racing Limited
0% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
1 - Red And Black Racing Limited
17 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)
- Red And Black Racing Limited
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £84.5k, this is more efficient (£50.6k)
- Red And Black Racing Limited
£50.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Red And Black Racing Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (42 days)
- Red And Black Racing Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 461 days, this is more than average (16 days)
- Red And Black Racing Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (65 weeks)
0 weeks - Red And Black Racing Limited
65 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 119.9%, this is a higher level of debt than the average (39.4%)
119.9% - Red And Black Racing Limited
39.4% - Industry AVG
RED AND BLACK RACING LIMITED financials
Red And Black Racing Limited's latest turnover from October 2023 is estimated at £84.5 thousand and the company has net assets of -£11.8 thousand. According to their latest financial statements, Red And Black Racing Limited has 1 employee and maintains cash reserves of £485 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | 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 | Jul 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
| Oct 2023 | 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 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,002 | 10,802 | 13,557 | 7,495 | 8,824 | 1,789 | 2,112 | 2,496 | 2,951 | 2,751 | 3,261 | 4,634 | 5,499 | 6,355 | 8,109 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 9,002 | 10,802 | 13,557 | 7,495 | 8,824 | 1,789 | 2,112 | 2,496 | 2,951 | 2,751 | 3,261 | 4,634 | 5,499 | 6,355 | 8,109 |
| Stock & work in progress | 43,548 | 43,548 | 43,548 | 44,548 | 45,048 | 43,868 | 42,868 | 35,168 | 35,168 | 30,692 | 30,412 | 25,412 | 25,412 | 28,235 | 36,450 |
| Trade Debtors | 30,000 | 37,296 | 46,296 | 37,296 | 42,736 | 34,296 | 21,054 | 1,039 | 1,566 | 7,245 | 5,912 | ||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 6,250 | 4,196 | 4,167 | 4,167 | |||||||||||
| Cash | 485 | 577 | 826 | 5,856 | 2,324 | 187 | 294 | 231 | 216 | 323 | 34 | 8,323 | 4,554 | ||
| misc current assets | |||||||||||||||
| total current assets | 50,283 | 48,321 | 78,541 | 54,571 | 47,372 | 81,351 | 89,458 | 72,695 | 77,904 | 64,988 | 51,682 | 26,774 | 27,012 | 43,803 | 46,916 |
| total assets | 59,285 | 59,123 | 92,098 | 62,066 | 56,196 | 83,140 | 91,570 | 75,191 | 80,855 | 67,739 | 54,943 | 31,408 | 32,511 | 50,158 | 55,025 |
| Bank overdraft | 1,057 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,080 | 2,032 | 1,779 | 889 | 1,824 | 901 | 799 | 774 | 83,314 | 70,249 | 56,835 | 8,587 | 8,086 | 60,247 | |
| Group/Directors Accounts | 60,746 | 66,136 | 98,918 | 74,621 | 85,870 | 84,965 | 62,910 | 79,435 | 47,167 | 52,700 | |||||
| other short term finances | 1,000 | 1,000 | 1,000 | 75,029 | |||||||||||
| hp & lease commitments | 2,879 | 2,610 | 2,287 | ||||||||||||
| other current liabilities | 2,699 | 5,188 | 3,908 | 15,059 | 14,194 | 15,015 | 13,643 | 10,280 | |||||||
| total current liabilities | 68,404 | 76,966 | 107,892 | 90,569 | 101,888 | 94,005 | 99,980 | 77,352 | 91,546 | 83,314 | 70,249 | 56,835 | 55,754 | 60,786 | 60,247 |
| loans | 2,176 | 3,009 | 3,917 | 5,000 | |||||||||||
| hp & lease commitments | 511 | 2,933 | 5,543 | ||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 2,687 | 5,942 | 9,460 | 5,000 | |||||||||||
| total liabilities | 71,091 | 82,908 | 117,352 | 95,569 | 101,888 | 94,005 | 99,980 | 77,352 | 91,546 | 83,314 | 70,249 | 56,835 | 55,754 | 60,786 | 60,247 |
| net assets | -11,806 | -23,785 | -25,254 | -33,503 | -45,692 | -10,865 | -8,410 | -2,161 | -10,691 | -15,575 | -15,306 | -25,427 | -23,243 | -10,628 | -5,222 |
| total shareholders funds | -11,806 | -23,785 | -25,254 | -33,503 | -45,692 | -10,865 | -8,410 | -2,161 | -10,691 | -15,575 | -15,306 | -25,427 | -23,243 | -10,628 | -5,222 |
| Oct 2023 | 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 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,800 | 2,755 | 1,188 | 1,329 | 771 | 323 | 384 | 455 | 465 | 510 | 629 | 865 | 1,035 | 1,754 | 1,412 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -1,000 | -500 | 1,180 | 1,000 | 7,700 | 4,476 | 280 | 5,000 | -2,823 | -8,215 | 36,450 | ||||
| Debtors | 2,054 | -29,971 | 30,000 | 4,167 | -37,296 | -9,000 | 9,000 | -5,440 | 8,440 | 13,242 | 20,015 | -527 | -5,679 | 1,333 | 5,912 |
| Creditors | -952 | 253 | 890 | -935 | 923 | 901 | -799 | 25 | -82,540 | 13,065 | 13,414 | 48,248 | 501 | -52,161 | 60,247 |
| Accruals and Deferred Income | -2,489 | 1,280 | -11,151 | 865 | 14,194 | -15,015 | 1,372 | 3,363 | 10,280 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -5,390 | -32,782 | 24,297 | -11,249 | 85,870 | -84,965 | 22,055 | -16,525 | 79,435 | -47,167 | -5,533 | 52,700 | |||
| Other Short Term Loans | 1,000 | -75,029 | 75,029 | ||||||||||||
| Long term loans | -833 | -908 | -1,083 | 5,000 | |||||||||||
| Hire Purchase and Lease Commitments | -2,153 | -2,287 | 7,830 | ||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -92 | -249 | -5,030 | 3,532 | 2,137 | -107 | 63 | 231 | -216 | -107 | 289 | -8,289 | 3,769 | 4,554 | |
| overdraft | -1,057 | 1,057 | |||||||||||||
| change in cash | -92 | -249 | -5,030 | 3,532 | 2,137 | -107 | 63 | 1,288 | -1,057 | -216 | -107 | 289 | -8,289 | 3,769 | 4,554 |
red and black racing limited Credit Report and Business Information
Red And Black Racing Limited Competitor Analysis
Perform a competitor analysis for red and black racing limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in LE12 area or any other competitors across 12 key performance metrics.
red and black racing limited Ownership
RED AND BLACK RACING LIMITED group structure
Red And Black Racing Limited has no subsidiary companies.
Ultimate parent company
RED AND BLACK RACING LIMITED
05499860
red and black racing limited directors
Red And Black Racing Limited currently has 2 directors. The longest serving directors include Mr Nigel Thompson (Jul 2005) and Mrs Emma Thompson (Jul 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Thompson | United Kingdom | 57 years | Jul 2005 | - | Director |
| Mrs Emma Thompson | England | 52 years | Jul 2005 | - | Director |
P&L
October 2023turnover
84.5k
-31%
operating profit
16.3k
0%
gross margin
59.3%
-3.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-11.8k
-0.5%
total assets
59.3k
0%
cash
485
-0.16%
net assets
Total assets minus all liabilities
red and black racing limited company details
company number
05499860
Type
Private limited with Share Capital
industry
93120 - Activities of sport clubs
incorporation date
July 2005
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
brighter technology exports limited (March 2008)
accountant
PHILIP BARNES & CO LIMITED
auditor
-
address
breedon brand farm breedon lane, osgathorpe, leicestershire, LE12 9ST
Bank
-
Legal Advisor
-
red and black racing 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 and black racing limited.
red and black racing 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 AND BLACK RACING LIMITED. This can take several minutes, an email will notify you when this has completed.
red and black racing limited Companies House Filings - See Documents
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