ridley recycling limited

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ridley recycling limited Company Information

Share RIDLEY RECYCLING LIMITED

Company Number

05921293

Shareholders

peter adrian ridley

christopher ridley

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Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

third floor connexions building, 159 princes street, ipswich, suffolk, IP1 1QJ

ridley recycling limited Estimated Valuation

£886.3k

Pomanda estimates the enterprise value of RIDLEY RECYCLING LIMITED at £886.3k based on a Turnover of £1.6m and 0.56x industry multiple (adjusted for size and gross margin).

ridley recycling limited Estimated Valuation

£324.6k

Pomanda estimates the enterprise value of RIDLEY RECYCLING LIMITED at £324.6k based on an EBITDA of £79.1k and a 4.1x industry multiple (adjusted for size and gross margin).

ridley recycling limited Estimated Valuation

£689.1k

Pomanda estimates the enterprise value of RIDLEY RECYCLING LIMITED at £689.1k based on Net Assets of £323.1k and 2.13x industry multiple (adjusted for liquidity).

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Ridley Recycling Limited Overview

Ridley Recycling Limited is a live company located in ipswich, IP1 1QJ with a Companies House number of 05921293. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2006, it's largest shareholder is peter adrian ridley with a 65.6% stake. Ridley Recycling Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.

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Ridley Recycling Limited Health Check

Pomanda's financial health check has awarded Ridley Recycling Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £1.6m, make it smaller than the average company (£3.7m)

£1.6m - Ridley Recycling Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (8.3%)

12% - Ridley Recycling Limited

8.3% - Industry AVG

production

Production

with a gross margin of 38%, this company has a comparable cost of product (38%)

38% - Ridley Recycling Limited

38% - Industry AVG

profitability

Profitability

an operating margin of 4.9% make it as profitable than the average company (5.7%)

4.9% - Ridley Recycling Limited

5.7% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (22)

5 - Ridley Recycling Limited

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)

£46.5k - Ridley Recycling Limited

£46.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £316.1k, this is more efficient (£146k)

£316.1k - Ridley Recycling Limited

£146k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 51 days, this is later than average (36 days)

51 days - Ridley Recycling Limited

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 106 days, this is slower than average (33 days)

106 days - Ridley Recycling Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 17 days, this is less than average (28 days)

17 days - Ridley Recycling Limited

28 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (26 weeks)

55 weeks - Ridley Recycling Limited

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68.8%, this is a higher level of debt than the average (58.8%)

68.8% - Ridley Recycling Limited

58.8% - Industry AVG

RIDLEY RECYCLING LIMITED financials

EXPORTms excel logo

Ridley Recycling Limited's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £323.1 thousand. According to their latest financial statements, Ridley Recycling Limited has 5 employees and maintains cash reserves of £752.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,580,6271,141,126289,4721,134,7641,134,1612,038,4901,615,2572,039,149988,2741,221,3851,960,7082,168,2362,820,8411,804,2203,094,092
Other Income Or Grants
Cost Of Sales980,627702,223179,652712,172703,7391,271,1071,003,1641,245,914616,546773,1141,249,0691,373,5821,740,3331,083,4881,842,654
Gross Profit600,000438,903109,820422,592430,423767,383612,094793,236371,728448,271711,639794,6551,080,509720,7321,251,438
Admin Expenses522,970435,3947,263377,369375,549794,807626,797823,451339,397403,240652,097793,5441,071,076721,5371,251,248
Operating Profit77,0303,509102,55745,22354,874-27,424-14,703-30,21532,33145,03159,5421,1119,433-805190
Interest Payable
Interest Receivable25,5309,5621,7132451323041,03262430210962513458
Pre-Tax Profit102,56013,070104,27045,46855,006-27,424-14,703-29,91133,36345,65659,8441,2209,495-292649
Tax-25,640-2,483-19,811-8,639-10,451-6,672-9,588-13,764-293-2,469-182
Profit After Tax76,92010,58784,45936,82944,555-27,424-14,703-29,91126,69036,06846,0809277,026-292467
Dividends Paid
Retained Profit76,92010,58784,45936,82944,555-27,424-14,703-29,91126,69036,06846,0809277,026-292467
Employee Costs232,355223,850169,119160,946159,099154,336145,528142,155285,197355,370564,381626,562798,611548,734885,326
Number Of Employees554444448101618231625
EBITDA*79,1035,368103,04145,67054,874-27,424-14,703-30,21558,85645,73160,44928,53136,63028,302266,439

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,7483,3809361936408403435213281078071,5901,3031,8365,172
Intangible Assets15,36241,69768,03294,367120,702147,037173,372
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,7483,38093619364084034352115,69041,80468,83995,957122,005148,873178,544
Stock & work in progress47,77340,21231,24241,89338,50836,66235,61240,18932,23841,46341,99354,282
Trade Debtors223,368202,00234,912181,360162,491364,262297,591382,90975,325116,374225,771244,724353,543202,569341,330
Group Debtors
Misc Debtors8,3406,4494,5014,4394,396
Cash752,815219,740230,219226,702263,619243,245169,42380,29940,5672,90121,701183,312
misc current assets3,184572562
total current assets1,032,296468,403300,874454,394469,014367,446298,163383,471355,232321,409346,259317,529397,907266,263578,924
total assets1,034,044471,783301,810454,587469,654368,286298,506383,992370,922363,213415,098413,486519,912415,136757,468
Bank overdraft
Bank loan
Trade Creditors 285,019134,1577,202196,149232,571323,358226,154296,937243,890262,937350,890395,289502,711404,961747,001
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities425,971105,46073,677122,120137,499
total current liabilities710,990239,61780,879318,269370,070323,358226,154296,937243,890262,937350,890395,289502,711404,961747,001
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions80816061016669
total long term liabilities80816061016669
total liabilities710,990240,42581,039318,275370,171323,358226,154296,937243,956262,937350,890395,358502,711404,961747,001
net assets323,054231,358220,771136,31299,48344,92872,35287,055126,966100,27664,20818,12817,20110,17510,467
total shareholders funds323,054231,358220,771136,31299,48344,92872,35287,055126,966100,27664,20818,12817,20110,17510,467
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit77,0303,509102,55745,22354,874-27,424-14,703-30,21532,33145,03159,5421,1119,433-805190
Depreciation2,0731,8594844471907009071,0858622,7722,896
Amortisation26,33526,33526,33526,335263,353
Tax-25,640-2,483-19,811-8,639-10,451-6,672-9,588-13,764-293-2,469-182
Stock7,5618,970-10,6513,38538,508-36,6621,050-4,5777,951-9,225-530-12,28954,282
Debtors23,257169,038-146,38618,912-197,37566,671-85,318307,584-41,049-109,397-18,953-108,819150,974-138,761341,330
Creditors150,862126,955-188,947-36,422-90,78797,204-70,78353,047-19,047-87,953-44,399-107,42297,750-342,040747,001
Accruals and Deferred Income320,51131,783-48,443-15,379137,499
Deferred Taxes & Provisions-808648154-95101-6666-6969
Cash flow from operations493,210-15,7373,031-37,162250,1033,109-168-248,15673,20262,16413,21938,929-18,533-162,688617,646
Investing Activities
capital expenditure-441-4,303-1,227200-49717815,169-41126,33526,211-1,372-329564-444,793
Change in Investments
cash flow from investments-441-4,303-1,227200-49717815,169-41126,33526,211-1,372-329564-444,793
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue14,77610,000-10,00010,000
interest25,5309,5621,7132451323041,03262430210962513458
cash flow from financing40,3069,5621,71324510,132-9,6961,0326243021096251310,458
cash and cash equivalents
cash533,075-10,4793,517-36,917263,619-243,24573,82289,12439,73237,666-18,800-161,611183,312
overdraft
change in cash533,075-10,4793,517-36,917263,619-243,24573,82289,12439,73237,666-18,800-161,611183,312

ridley recycling limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ridley Recycling Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ridley recycling limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in IP1 area or any other competitors across 12 key performance metrics.

ridley recycling limited Ownership

RIDLEY RECYCLING LIMITED group structure

Ridley Recycling Limited has no subsidiary companies.

Ultimate parent company

RIDLEY RECYCLING LIMITED

05921293

RIDLEY RECYCLING LIMITED Shareholders

peter adrian ridley 65.62%
christopher ridley 14.06%
adrian ridley 7.03%
sarah ridley 7.03%
miranda peck 6.26%

ridley recycling limited directors

Ridley Recycling Limited currently has 2 directors. The longest serving directors include Mr Peter Ridley (Aug 2006) and Miss Miranda Peck (Oct 2022).

officercountryagestartendrole
Mr Peter RidleyEngland70 years Aug 2006- Director
Miss Miranda PeckEngland35 years Oct 2022- Director

P&L

March 2024

turnover

1.6m

+39%

operating profit

77k

0%

gross margin

38%

-1.31%

turnover

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

Balance Sheet

March 2024

net assets

323.1k

+0.4%

total assets

1m

+1.19%

cash

752.8k

+2.43%

net assets

Total assets minus all liabilities

ridley recycling limited company details

company number

05921293

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

August 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

third floor connexions building, 159 princes street, ipswich, suffolk, IP1 1QJ

Bank

-

Legal Advisor

-

ridley recycling 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 ridley recycling limited. Currently there are 1 open charges and 0 have been satisfied in the past.

ridley recycling 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.

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ridley recycling limited Companies House Filings - See Documents

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