redridge building contracting limited
redridge building contracting limited Company Information
Company Number
05942540
Next Accounts
Jun 2025
Shareholders
simon redignton
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
unit 3, horizon business village, 1 brooklands road, weybridge, KT13 0TJ
Website
redridge.uk.comredridge building contracting limited Estimated Valuation
Pomanda estimates the enterprise value of REDRIDGE BUILDING CONTRACTING LIMITED at £919.9k based on a Turnover of £2.4m and 0.38x industry multiple (adjusted for size and gross margin).
redridge building contracting limited Estimated Valuation
Pomanda estimates the enterprise value of REDRIDGE BUILDING CONTRACTING LIMITED at £202.7k based on an EBITDA of £59.1k and a 3.43x industry multiple (adjusted for size and gross margin).
redridge building contracting limited Estimated Valuation
Pomanda estimates the enterprise value of REDRIDGE BUILDING CONTRACTING LIMITED at £175.4k based on Net Assets of £130.8k and 1.34x industry multiple (adjusted for liquidity).
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Redridge Building Contracting Limited Overview
Redridge Building Contracting Limited is a live company located in weybridge, KT13 0TJ with a Companies House number of 05942540. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in September 2006, it's largest shareholder is simon redignton with a 100% stake. Redridge Building Contracting Limited is a established, small sized company, Pomanda has estimated its turnover at £2.4m with declining growth in recent years.
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Redridge Building Contracting Limited Health Check
Pomanda's financial health check has awarded Redridge Building Contracting Limited a 3 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
3 Regular
5 Weak
Size
annual sales of £2.4m, make it larger than the average company (£467.5k)
- Redridge Building Contracting Limited
£467.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (9.5%)
- Redridge Building Contracting Limited
9.5% - Industry AVG
Production
with a gross margin of 20.7%, this company has a comparable cost of product (20.7%)
- Redridge Building Contracting Limited
20.7% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (5.4%)
- Redridge Building Contracting Limited
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Redridge Building Contracting Limited
3 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Redridge Building Contracting Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£205.1k)
- Redridge Building Contracting Limited
£205.1k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (27 days)
- Redridge Building Contracting Limited
27 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Redridge Building Contracting Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Redridge Building Contracting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Redridge Building Contracting Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.3%, this is a similar level of debt than the average (73.2%)
80.3% - Redridge Building Contracting Limited
73.2% - Industry AVG
REDRIDGE BUILDING CONTRACTING LIMITED financials
Redridge Building Contracting Limited's latest turnover from September 2023 is estimated at £2.4 million and the company has net assets of £130.8 thousand. According to their latest financial statements, Redridge Building Contracting Limited has 2 employees and maintains cash reserves of £2.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Sep 2011 | Sep 2010 | Sep 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 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | ||||||||||||||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 289,629 | 289,629 | 308,662 | 354,449 | 436,099 | 352,539 | 203,318 | 76 | 55,000 | 55,000 | 60,000 | 86,000 | ||
| Group Debtors | ||||||||||||||
| Misc Debtors | 371,021 | 374,157 | 474,214 | 436,005 | 400,607 | 767,155 | 367,641 | 52,129 | ||||||
| Cash | 2,538 | 182 | 456 | 459 | 5,768 | 150,484 | 20,470 | 111 | 6,444 | 15 | 10 | 19 | 3 | |
| misc current assets | 4,599 | |||||||||||||
| total current assets | 663,188 | 663,968 | 783,332 | 795,512 | 836,706 | 1,125,462 | 721,443 | 72,599 | 187 | 6,444 | 55,015 | 55,010 | 60,019 | 86,003 |
| total assets | 663,188 | 663,968 | 783,332 | 795,512 | 836,706 | 1,125,462 | 721,443 | 72,599 | 187 | 6,444 | 55,015 | 55,010 | 60,019 | 86,003 |
| Bank overdraft | 21,079 | |||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 500 | 305,019 | 416,372 | 772,381 | 467,348 | 38,867 | 1,400 | 7,177 | 10,448 | 10,103 | 14,762 | 75,064 | ||
| Group/Directors Accounts | ||||||||||||||
| other short term finances | 531,901 | 531,201 | 616,672 | |||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 500 | 900 | 750 | 328,883 | 244,416 | 210,234 | 173,261 | 12,875 | ||||||
| total current liabilities | 532,401 | 532,601 | 617,422 | 633,902 | 681,867 | 982,615 | 640,609 | 51,742 | 1,400 | 7,177 | 10,448 | 10,103 | 14,762 | 75,064 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 45,000 | 45,000 | 45,000 | 60,000 | ||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 45,000 | 45,000 | 45,000 | 60,000 | ||||||||||
| total liabilities | 532,401 | 532,601 | 617,422 | 633,902 | 681,867 | 982,615 | 640,609 | 51,742 | 1,400 | 7,177 | 55,448 | 55,103 | 59,762 | 135,064 |
| net assets | 130,787 | 131,367 | 165,910 | 161,610 | 154,839 | 142,847 | 80,834 | 20,857 | -1,213 | -733 | -433 | -93 | 257 | -49,061 |
| total shareholders funds | 130,787 | 131,367 | 165,910 | 161,610 | 154,839 | 142,847 | 80,834 | 20,857 | -1,213 | -733 | -433 | -93 | 257 | -49,061 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | -3,136 | -119,090 | -7,578 | -46,252 | -282,988 | 548,735 | 518,830 | 52,053 | 76 | -55,000 | 55,000 | -5,000 | -26,000 | 86,000 |
| Creditors | -500 | 500 | -305,019 | -111,353 | -356,009 | 305,033 | 428,481 | 37,467 | -5,777 | -3,271 | 10,448 | -4,659 | -60,302 | 75,064 |
| Accruals and Deferred Income | -400 | 150 | -328,133 | 84,467 | 34,182 | 36,973 | 160,386 | 12,875 | ||||||
| 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 | ||||||||||||||
| Other Short Term Loans | 700 | -85,471 | 616,672 | |||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -45,000 | 45,000 | -15,000 | 60,000 | ||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 2,356 | -274 | -3 | 459 | -5,768 | -144,716 | 130,014 | 20,359 | -6,333 | 6,429 | 15 | -9 | 16 | 3 |
| overdraft | -21,079 | 21,079 | ||||||||||||
| change in cash | 2,356 | -274 | -3 | 21,538 | -26,847 | -144,716 | 130,014 | 20,359 | -6,333 | 6,429 | 15 | -9 | 16 | 3 |
redridge building contracting limited Credit Report and Business Information
Redridge Building Contracting Limited Competitor Analysis
Perform a competitor analysis for redridge building contracting limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in KT13 area or any other competitors across 12 key performance metrics.
redridge building contracting limited Ownership
REDRIDGE BUILDING CONTRACTING LIMITED group structure
Redridge Building Contracting Limited has no subsidiary companies.
Ultimate parent company
REDRIDGE BUILDING CONTRACTING LIMITED
05942540
redridge building contracting limited directors
Redridge Building Contracting Limited currently has 2 directors. The longest serving directors include Mr David Redington (Sep 2006) and Mr Simon Redington (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Redington | England | 77 years | Sep 2006 | - | Director |
| Mr Simon Redington | England | 53 years | Mar 2015 | - | Director |
P&L
September 2023turnover
2.4m
+72%
operating profit
59.1k
0%
gross margin
20.8%
+0.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
130.8k
0%
total assets
663.2k
0%
cash
2.5k
+12.95%
net assets
Total assets minus all liabilities
redridge building contracting limited company details
company number
05942540
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
September 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
simela building services limited (March 2015)
accountant
-
auditor
-
address
unit 3, horizon business village, 1 brooklands road, weybridge, KT13 0TJ
Bank
-
Legal Advisor
-
redridge building contracting 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 redridge building contracting limited.
redridge building contracting 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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redridge building contracting limited Companies House Filings - See Documents
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