rees elliott eastgate limited
rees elliott eastgate limited Company Information
Company Number
05735640
Next Accounts
Nov 2024
Industry
Development of building projects
Shareholders
michael john rees
Group Structure
View All
Contact
Registered Address
satago cottage 360a, brighton road, croydon, CR2 6AL
Website
-rees elliott eastgate limited Estimated Valuation
Pomanda estimates the enterprise value of REES ELLIOTT EASTGATE LIMITED at £573.6k based on a Turnover of £1.6m and 0.35x industry multiple (adjusted for size and gross margin).
rees elliott eastgate limited Estimated Valuation
Pomanda estimates the enterprise value of REES ELLIOTT EASTGATE LIMITED at £61.6k based on an EBITDA of £23.3k and a 2.65x industry multiple (adjusted for size and gross margin).
rees elliott eastgate limited Estimated Valuation
Pomanda estimates the enterprise value of REES ELLIOTT EASTGATE LIMITED at £0 based on Net Assets of £-1.6m and 1.49x industry multiple (adjusted for liquidity).
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Rees Elliott Eastgate Limited Overview
Rees Elliott Eastgate Limited is a dissolved company that was located in croydon, CR2 6AL with a Companies House number of 05735640. It operated in the development of building projects sector, SIC Code 41100. Founded in March 2006, it's largest shareholder was michael john rees with a 100% stake. The last turnover for Rees Elliott Eastgate Limited was estimated at £1.6m.
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Rees Elliott Eastgate Limited Health Check
Pomanda's financial health check has awarded Rees Elliott Eastgate Limited a 2 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
1 Regular
7 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£2.3m)
- Rees Elliott Eastgate Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (1.9%)
- Rees Elliott Eastgate Limited
1.9% - Industry AVG
Production
with a gross margin of 9.4%, this company has a higher cost of product (24.5%)
- Rees Elliott Eastgate Limited
24.5% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (8.7%)
- Rees Elliott Eastgate Limited
8.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- Rees Elliott Eastgate Limited
6 - Industry AVG
Pay Structure
on an average salary of £44.9k, the company has an equivalent pay structure (£44.9k)
- Rees Elliott Eastgate Limited
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £548.9k, this is more efficient (£274.9k)
- Rees Elliott Eastgate Limited
£274.9k - Industry AVG
Debtor Days
it gets paid by customers after 145 days, this is later than average (30 days)
- Rees Elliott Eastgate Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (30 days)
- Rees Elliott Eastgate Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rees Elliott Eastgate Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rees Elliott Eastgate Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 341.2%, this is a higher level of debt than the average (75.9%)
341.2% - Rees Elliott Eastgate Limited
75.9% - Industry AVG
REES ELLIOTT EASTGATE LIMITED financials
Rees Elliott Eastgate Limited's latest turnover from December 2020 is estimated at £1.6 million and the company has net assets of -£1.6 million. According to their latest financial statements, we estimate that Rees Elliott Eastgate Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 1 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 |
| Trade Debtors | 655,734 | 635,627 | 649,147 | 649,221 | 643,607 | 4,383 | 5,640 | 7,690 | 5,991 | 6,028 | 3,587 | 21,276 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 34,328 | 23,567 | 16,613 | 15,458 | 2,650 | 6,836 | 2,236 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 655,734 | 635,627 | 649,147 | 649,221 | 643,607 | 638,711 | 629,207 | 624,303 | 621,449 | 608,678 | 610,423 | 623,512 |
| total assets | 655,734 | 635,627 | 649,147 | 649,221 | 643,607 | 638,711 | 629,207 | 624,303 | 621,449 | 608,678 | 610,423 | 623,512 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,620 | 2,361 | 1,789 | 2,553 | 2,311 | 4,171 | 3,351 | 4,033 | 3,687 | 1,788 | 55,373 | 59,586 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,620 | 2,361 | 1,789 | 2,553 | 2,311 | 4,171 | 3,351 | 4,033 | 3,687 | 1,788 | 55,373 | 59,586 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 2,234,037 | 2,234,037 | 2,234,037 | 2,234,037 | 2,234,037 | 2,234,037 | 2,234,037 | 2,234,037 | 2,234,038 | 2,234,038 | 2,183,568 | 2,197,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,234,037 | 2,234,037 | 2,234,037 | 2,234,037 | 2,234,037 | 2,234,037 | 2,234,037 | 2,234,037 | 2,234,038 | 2,234,038 | 2,183,568 | 2,197,000 |
| total liabilities | 2,237,657 | 2,236,398 | 2,235,826 | 2,236,590 | 2,236,348 | 2,238,208 | 2,237,388 | 2,238,070 | 2,237,725 | 2,235,826 | 2,238,941 | 2,256,586 |
| net assets | -1,581,923 | -1,600,771 | -1,586,679 | -1,587,369 | -1,592,741 | -1,599,497 | -1,608,181 | -1,613,767 | -1,616,276 | -1,627,148 | -1,628,518 | -1,633,074 |
| total shareholders funds | -1,581,923 | -1,600,771 | -1,586,679 | -1,587,369 | -1,592,741 | -1,599,497 | -1,608,181 | -1,613,767 | -1,616,276 | -1,627,148 | -1,628,518 | -1,633,074 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | -600,000 | 0 | 0 | 0 | 0 | 0 | 0 | 600,000 |
| Debtors | 20,107 | -13,520 | -74 | 5,614 | 639,224 | -1,257 | -2,050 | 1,699 | -37 | 2,441 | -17,689 | 21,276 |
| Creditors | 1,259 | 572 | -764 | 242 | -1,860 | 820 | -682 | 346 | 1,899 | -53,585 | -4,213 | 59,586 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 50,470 | -13,432 | 2,197,000 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | -34,328 | 10,761 | 6,954 | 1,155 | 12,808 | -4,186 | 4,600 | 2,236 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -34,328 | 10,761 | 6,954 | 1,155 | 12,808 | -4,186 | 4,600 | 2,236 |
rees elliott eastgate limited Credit Report and Business Information
Rees Elliott Eastgate Limited Competitor Analysis
Perform a competitor analysis for rees elliott eastgate limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in CR2 area or any other competitors across 12 key performance metrics.
rees elliott eastgate limited Ownership
REES ELLIOTT EASTGATE LIMITED group structure
Rees Elliott Eastgate Limited has no subsidiary companies.
Ultimate parent company
REES ELLIOTT EASTGATE LIMITED
05735640
rees elliott eastgate limited directors
Rees Elliott Eastgate Limited currently has 2 directors. The longest serving directors include Mr Michael Rees (Mar 2006) and Mr James Rees (Nov 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Rees | 80 years | Mar 2006 | - | Director | |
| Mr James Rees | 54 years | Nov 2009 | - | Director |
P&L
December 2020turnover
1.6m
+27%
operating profit
23.3k
0%
gross margin
9.4%
-4.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
-1.6m
-0.01%
total assets
655.7k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
rees elliott eastgate limited company details
company number
05735640
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2006
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2020
previous names
N/A
accountant
-
auditor
-
address
satago cottage 360a, brighton road, croydon, CR2 6AL
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
rees elliott eastgate 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 rees elliott eastgate limited.
rees elliott eastgate limited Companies House Filings - See Documents
| date | description | view/download |
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