rightpath limited
rightpath limited Company Information
Company Number
05964905
Website
www.rightpathlifestyle.comRegistered Address
64 castle boulevard, nottingham, NG7 1FN
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
02086672467
Next Accounts Due
December 2024
Group Structure
View All
Directors
Sagheer Akhter17 Years
Shareholders
sagheer akhter 50%
jamil akhter 50%
rightpath limited Estimated Valuation
Pomanda estimates the enterprise value of RIGHTPATH LIMITED at £471.5k based on a Turnover of £192.5k and 2.45x industry multiple (adjusted for size and gross margin).
rightpath limited Estimated Valuation
Pomanda estimates the enterprise value of RIGHTPATH LIMITED at £1.7m based on an EBITDA of £331.3k and a 5.19x industry multiple (adjusted for size and gross margin).
rightpath limited Estimated Valuation
Pomanda estimates the enterprise value of RIGHTPATH LIMITED at £3.2m based on Net Assets of £2.1m and 1.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Rightpath Limited Overview
Rightpath Limited is a live company located in nottingham, NG7 1FN with a Companies House number of 05964905. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2006, it's largest shareholder is sagheer akhter with a 50% stake. Rightpath Limited is a established, micro sized company, Pomanda has estimated its turnover at £192.5k with high growth in recent years.
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Rightpath Limited Health Check
Pomanda's financial health check has awarded Rightpath Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £192.5k, make it smaller than the average company (£800.6k)
- Rightpath Limited
£800.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (1.9%)
- Rightpath Limited
1.9% - Industry AVG
Production
with a gross margin of 32.7%, this company has a higher cost of product (74.2%)
- Rightpath Limited
74.2% - Industry AVG
Profitability
an operating margin of 172.1% make it more profitable than the average company (36.7%)
- Rightpath Limited
36.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Rightpath Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Rightpath Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £64.2k, this is less efficient (£171.2k)
- Rightpath Limited
£171.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rightpath Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 579 days, this is slower than average (37 days)
- Rightpath Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rightpath Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (15 weeks)
5 weeks - Rightpath Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.2%, this is a lower level of debt than the average (62.7%)
25.2% - Rightpath Limited
62.7% - Industry AVG
RIGHTPATH LIMITED financials
Rightpath Limited's latest turnover from March 2023 is estimated at £192.5 thousand and the company has net assets of £2.1 million. According to their latest financial statements, Rightpath Limited has 3 employees and maintains cash reserves of £20.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 125,761 | 113,053 | 94,028 | 141,011 | 107,239 | 112,939 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Gross Profit | 125,761 | 113,053 | 94,028 | 141,011 | 107,239 | 112,939 | ||||||||
| Admin Expenses | 19,886 | 45,660 | 14,322 | 31,371 | 10,667 | |||||||||
| Operating Profit | 105,875 | 67,393 | 79,706 | 109,640 | 96,572 | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 18 | ||||||||
| Pre-Tax Profit | 84,700 | 67,393 | 79,706 | 109,640 | 96,572 | 92,875 | ||||||||
| Tax | 0 | -13,479 | -15,941 | -22,382 | -20,280 | -19,504 | ||||||||
| Profit After Tax | 84,700 | 53,914 | 63,765 | 87,258 | 76,292 | 73,371 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 29,387 | 0 | 36,047 | ||||||||
| Retained Profit | 84,700 | 53,914 | 63,765 | 57,871 | 76,292 | 37,324 | ||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 3 | 3 | 2 | 2 | ||||||||||
| EBITDA* | 105,875 | 67,393 | 81,608 | 110,697 | 96,572 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 2,005,489 | 2,195,489 | 2,195,489 | 1,063,489 | 875,989 | 875,989 | 883,595 | 9,508 | 1,020,989 | 882,839 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 875,989 | 0 | 0 |
| Investments & Other | 2,005,489 | 2,005,489 | 2,005,489 | 2,005,489 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 783,244 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,788,733 | 2,005,489 | 2,005,489 | 2,005,489 | 2,005,489 | 2,195,489 | 2,195,489 | 1,063,489 | 875,989 | 875,989 | 883,595 | 885,497 | 1,020,989 | 882,839 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 791 | 0 | 2,000 | 37,256 | 0 | 0 | 2,410 | 694 | 0 |
| Group Debtors | 0 | 0 | 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 | 0 | 0 |
| Cash | 20,127 | 399,523 | 185,893 | 2,934 | 437,872 | 298,463 | 30,642 | 0 | 0 | 160 | 1,708 | 11,529 | 825 | 51,138 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 20,127 | 399,523 | 185,893 | 2,934 | 437,872 | 299,254 | 30,642 | 2,000 | 37,256 | 160 | 1,708 | 13,939 | 1,519 | 51,138 |
| total assets | 2,808,860 | 2,405,012 | 2,191,382 | 2,008,423 | 2,443,361 | 2,494,743 | 2,226,131 | 1,065,489 | 913,245 | 876,149 | 885,303 | 899,436 | 1,022,508 | 933,977 |
| Bank overdraft | 0 | 0 | 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 | 0 | 0 |
| Trade Creditors | 205,868 | 169,254 | 130,526 | 89,147 | 108,160 | 86,236 | 48,915 | 53,915 | 47,514 | 27,118 | 18,384 | 24,382 | 2,750 | 1,500 |
| Group/Directors Accounts | 0 | 0 | 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 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 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 | 20,280 | 19,851 |
| total current liabilities | 205,868 | 169,254 | 130,526 | 89,147 | 108,160 | 86,236 | 48,915 | 53,915 | 47,514 | 27,118 | 18,384 | 24,382 | 23,030 | 21,351 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 806,658 | 796,098 |
| hp & lease commitments | 0 | 0 | 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 | 0 | 0 |
| other liabilities | 502,422 | 410,790 | 464,300 | 548,253 | 0 | 1,528,046 | 1,544,726 | 485,657 | 412,661 | 480,661 | 552,463 | 624,363 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 502,422 | 410,790 | 464,300 | 548,253 | 1,250,204 | 1,528,046 | 1,544,726 | 485,657 | 412,661 | 480,661 | 552,463 | 624,363 | 806,658 | 796,098 |
| total liabilities | 708,290 | 580,044 | 594,826 | 637,400 | 1,358,364 | 1,614,282 | 1,593,641 | 539,572 | 460,175 | 507,779 | 570,847 | 648,745 | 829,688 | 817,449 |
| net assets | 2,100,570 | 1,824,968 | 1,596,556 | 1,371,023 | 1,084,997 | 880,461 | 632,490 | 525,917 | 453,070 | 368,370 | 314,456 | 250,691 | 192,820 | 116,528 |
| total shareholders funds | 2,100,570 | 1,824,968 | 1,596,556 | 1,371,023 | 1,084,997 | 880,461 | 632,490 | 525,917 | 453,070 | 368,370 | 314,456 | 250,691 | 192,820 | 116,528 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 105,875 | 67,393 | 79,706 | 109,640 | 96,572 | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,902 | 1,057 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 0 | -13,479 | -15,941 | -22,382 | -20,280 | -19,504 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 783,244 | 0 | 0 | 0 | -791 | 791 | -2,000 | -35,256 | 37,256 | 0 | -2,410 | 1,716 | 694 | 0 |
| Creditors | 36,614 | 38,728 | 41,379 | 89,147 | 21,924 | 37,321 | -5,000 | 6,401 | 20,396 | 8,734 | -5,998 | 21,632 | 1,250 | 1,500 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,280 | 429 | 19,851 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 89,015 | 62,648 | 62,079 | 87,951 | 77,277 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 2,005,489 | 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 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 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 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -806,658 | 10,560 | 796,098 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 91,632 | -53,510 | -83,953 | 548,253 | -1,528,046 | -16,680 | 1,059,069 | 72,996 | -68,000 | -71,802 | -71,900 | 624,363 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 18 | ||||||||
| cash flow from financing | -68,000 | -71,802 | -71,900 | -182,295 | 10,560 | 875,320 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -379,396 | 213,630 | 182,959 | 2,934 | 139,409 | 267,821 | 30,642 | 0 | -160 | -1,548 | -9,821 | 10,704 | -50,313 | 51,138 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -379,396 | 213,630 | 182,959 | 2,934 | 139,409 | 267,821 | 30,642 | 0 | -160 | -1,548 | -9,821 | 10,704 | -50,313 | 51,138 |
rightpath limited Credit Report and Business Information
Rightpath Limited Competitor Analysis
Perform a competitor analysis for rightpath limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NG7 area or any other competitors across 12 key performance metrics.
rightpath limited Ownership
RIGHTPATH LIMITED group structure
Rightpath Limited has no subsidiary companies.
Ultimate parent company
RIGHTPATH LIMITED
05964905
rightpath limited directors
Rightpath Limited currently has 1 director, Mr Sagheer Akhter serving since Oct 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sagheer Akhter | England | 51 years | Oct 2006 | - | Director |
P&L
March 2023turnover
192.5k
+14%
operating profit
331.3k
0%
gross margin
32.7%
+0.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.1m
+0.15%
total assets
2.8m
+0.17%
cash
20.1k
-0.95%
net assets
Total assets minus all liabilities
rightpath limited company details
company number
05964905
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
October 2006
age
18
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
64 castle boulevard, nottingham, NG7 1FN
last accounts submitted
March 2023
rightpath 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 rightpath limited.
rightpath limited Companies House Filings - See Documents
| date | description | view/download |
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