red europe limited
red europe limited Company Information
Company Number
06681654
Website
www.red.comRegistered Address
richmond house walkern road, stevenage, hertfordshire, SG1 3QP
Industry
Other photographic activities (not including portrait and other specialist photography and film processing) n.e.c.
Telephone
01462480277
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
red sales corp 100%
red europe limited Estimated Valuation
The estimated valuation range for red europe limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £1.1m to £2.8m
red europe limited Estimated Valuation
The estimated valuation range for red europe limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £1.1m to £2.8m
red europe limited Estimated Valuation
The estimated valuation range for red europe limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £1.1m to £2.8m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Red Europe Limited AI Business Plan
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Red Europe Limited Overview
Red Europe Limited is a live company located in hertfordshire, SG1 3QP with a Companies House number of 06681654. It operates in the photographic activities not elsewhere classified sector, SIC Code 74209. Founded in August 2008, it's largest shareholder is red sales corp with a 100% stake. Red Europe 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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Red Europe Limited Health Check
Pomanda's financial health check has awarded Red Europe Limited a 4.5 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 £2.4m, make it smaller than the average company (£5.6m)
£2.4m - Red Europe Limited
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (4.1%)
- Red Europe Limited
4.1% - Industry AVG
Production
with a gross margin of 97.7%, this company has a lower cost of product (50.6%)
97.7% - Red Europe Limited
50.6% - Industry AVG
Profitability
an operating margin of 5.6% make it as profitable than the average company (6.2%)
5.6% - Red Europe Limited
6.2% - Industry AVG
Employees
with 11 employees, this is below the industry average (30)
11 - Red Europe Limited
30 - Industry AVG
Pay Structure
on an average salary of £106.2k, the company has a higher pay structure (£48.9k)
£106.2k - Red Europe Limited
£48.9k - Industry AVG
Efficiency
resulting in sales per employee of £217.9k, this is more efficient (£126.9k)
£217.9k - Red Europe Limited
£126.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Red Europe Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (43 days)
8 days - Red Europe Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Red Europe Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (31 weeks)
39 weeks - Red Europe Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.2%, this is a lower level of debt than the average (59%)
23.2% - Red Europe Limited
59% - Industry AVG
red europe limited Credit Report and Business Information
Red Europe Limited Competitor Analysis
Perform a competitor analysis for red europe limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
red europe limited Ownership
RED EUROPE LIMITED group structure
Red Europe Limited has no subsidiary companies.
Ultimate parent company
RED.COM LLC
#0095880
RED DIGITAL CINEMA LLC
#0133535
2 parents
RED EUROPE LIMITED
06681654
red europe limited directors
Red Europe Limited currently has 4 directors. The longest serving directors include Mr Gregory Weeks (Oct 2008) and Mr James Jannard (Oct 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gregory Weeks | United Kingdom | 77 years | Oct 2008 | - | Director |
| Mr James Jannard | 74 years | Oct 2008 | - | Director | |
| Mr Chandler Weeks | United Kingdom | 44 years | Jun 2011 | - | Director |
| Mr David Webb | England | 59 years | Apr 2022 | - | Director |
RED EUROPE LIMITED financials
Red Europe Limited's latest turnover from December 2022 is £2.4 million and the company has net assets of £1.4 million. According to their latest financial statements, Red Europe Limited has 11 employees and maintains cash reserves of £154.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,396,534 | 2,075,624 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 56,117 | 68,848 | ||||||||||||
| Gross Profit | 2,340,417 | 2,006,776 | ||||||||||||
| Admin Expenses | 2,206,791 | 1,911,732 | ||||||||||||
| Operating Profit | 133,626 | 95,044 | ||||||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 75 | 16 | ||||||||||||
| Pre-Tax Profit | 133,701 | 95,060 | ||||||||||||
| Tax | -41,254 | -15,222 | ||||||||||||
| Profit After Tax | 92,447 | 79,838 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | 92,447 | 79,838 | ||||||||||||
| Employee Costs | 1,168,173 | 1,267,811 | ||||||||||||
| Number Of Employees | 11 | 10 | 15 | 15 | 23 | 31 | 27 | |||||||
| EBITDA* | 392,926 | 258,639 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 573,671 | 272,788 | 387,507 | 285,533 | 223,142 | 321,099 | 406,521 | 287,175 | 334,170 | 156,151 | 121,382 | 46,933 | 19,547 | 33,493 |
| Intangible Assets | 0 | 0 | 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 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 573,671 | 272,788 | 387,507 | 285,533 | 223,142 | 321,099 | 406,521 | 287,175 | 334,170 | 156,151 | 121,382 | 46,933 | 19,547 | 33,493 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 25,090 | 897,336 | 1,897,963 | 1,125,077 | 1,860,033 | 1,808,677 | 1,591,486 | 2,177,120 | 454,325 | 627,643 |
| Trade Debtors | 0 | 4,087 | 758,863 | 932,056 | 628,109 | 2,481,724 | 2,987,011 | 1,320,516 | 1,074,248 | 967,282 | 252,312 | 1,160,956 | 73,210 | 56,815 |
| Group Debtors | 835,730 | 484,723 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 238,357 | 215,983 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 154,533 | 599,538 | 298,684 | 230,958 | 1,376,259 | 1,053,567 | 911,744 | 312,865 | 401,789 | 134,019 | 324,009 | 639,681 | 68,327 | 116,670 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,228,620 | 1,304,331 | 1,057,547 | 1,163,014 | 2,029,458 | 4,432,627 | 5,796,718 | 2,758,458 | 3,336,070 | 2,909,978 | 2,167,807 | 3,977,757 | 595,862 | 801,128 |
| total assets | 1,802,291 | 1,577,119 | 1,445,054 | 1,448,547 | 2,252,600 | 4,753,726 | 6,203,239 | 3,045,633 | 3,670,240 | 3,066,129 | 2,289,189 | 4,024,690 | 615,409 | 834,621 |
| 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 | 1,316 | 5,910 | 169,303 | 192,410 | 1,252,096 | 3,627,825 | 5,622,088 | 3,006,425 | 3,418,270 | 2,643,298 | 2,048,169 | 4,058,287 | 1,019,313 | 1,016,645 |
| 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 | 108,845 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 94,284 | 235,541 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 204,445 | 241,451 | 169,303 | 192,410 | 1,252,096 | 3,627,825 | 5,622,088 | 3,006,425 | 3,418,270 | 2,643,298 | 2,048,169 | 4,058,287 | 1,019,313 | 1,016,645 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 146,992 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 66,022 | 43,283 | 63,204 | 41,540 | 41,888 | 41,886 | 53,944 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 213,014 | 43,283 | 63,204 | 41,540 | 41,888 | 41,886 | 53,944 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 417,459 | 284,734 | 232,507 | 233,950 | 1,293,984 | 3,669,711 | 5,676,032 | 3,006,425 | 3,418,270 | 2,643,298 | 2,048,169 | 4,058,287 | 1,019,313 | 1,016,645 |
| net assets | 1,384,832 | 1,292,385 | 1,212,547 | 1,214,597 | 958,616 | 1,084,015 | 527,207 | 39,208 | 251,970 | 422,831 | 241,020 | -33,597 | -403,904 | -182,024 |
| total shareholders funds | 1,384,832 | 1,292,385 | 1,212,547 | 1,214,597 | 958,616 | 1,084,015 | 527,207 | 39,208 | 251,970 | 422,831 | 241,020 | -33,597 | -403,904 | -182,024 |
| 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 133,626 | 95,044 | ||||||||||||
| Depreciation | 259,300 | 163,595 | 139,778 | 137,002 | 190,494 | 227,329 | 215,074 | 160,364 | 115,845 | 56,953 | 24,542 | 21,156 | 13,946 | 15,865 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -41,254 | -15,222 | ||||||||||||
| Stock | 0 | 0 | 0 | -25,090 | -872,246 | -1,000,627 | 772,886 | -734,956 | 51,356 | 217,191 | -585,634 | 1,722,795 | -173,318 | 627,643 |
| Debtors | 369,294 | -54,070 | -173,193 | 303,947 | -1,853,615 | -505,287 | 1,666,495 | 246,268 | 106,966 | 714,970 | -908,644 | 1,087,746 | 16,395 | 56,815 |
| Creditors | -4,594 | -163,393 | -23,107 | -1,059,686 | -2,375,729 | -1,994,263 | 2,615,663 | -411,845 | 774,972 | 595,129 | -2,010,118 | 3,038,974 | 2,668 | 1,016,645 |
| Accruals and Deferred Income | -141,257 | 235,541 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 22,739 | -19,921 | 21,664 | -348 | 2 | -12,058 | 53,944 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -140,734 | 349,714 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 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 | 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 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 255,837 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 75 | 16 | ||||||||||||
| cash flow from financing | 255,912 | 16 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -445,005 | 300,854 | 67,726 | -1,145,301 | 322,692 | 141,823 | 598,879 | -88,924 | 267,770 | -189,990 | -315,672 | 571,354 | -48,343 | 116,670 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -445,005 | 300,854 | 67,726 | -1,145,301 | 322,692 | 141,823 | 598,879 | -88,924 | 267,770 | -189,990 | -315,672 | 571,354 | -48,343 | 116,670 |
P&L
December 2022turnover
2.4m
+15%
operating profit
133.6k
+41%
gross margin
97.7%
+1.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.4m
+0.07%
total assets
1.8m
+0.14%
cash
154.5k
-0.74%
net assets
Total assets minus all liabilities
red europe limited company details
company number
06681654
Type
Private limited with Share Capital
industry
74209 - Other photographic activities (not including portrait and other specialist photography and film processing) n.e.c.
incorporation date
August 2008
age
16
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
richmond house walkern road, stevenage, hertfordshire, SG1 3QP
last accounts submitted
December 2022
red europe 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 red europe limited. Currently there are 1 open charges and 0 have been satisfied in the past.
red europe limited Companies House Filings - See Documents
| date | description | view/download |
|---|
