restless development
restless development Company Information
Company Number
06741123
Next Accounts
Jun 2025
Shareholders
-
Group Structure
View All
Industry
Other education n.e.c.
Registered Address
new wing, somerset house strand, london, WC2R 1LA
Website
www.restlessdevelopment.orgrestless development Estimated Valuation
Pomanda estimates the enterprise value of RESTLESS DEVELOPMENT at £6.9m based on a Turnover of £7.9m and 0.88x industry multiple (adjusted for size and gross margin).
restless development Estimated Valuation
Pomanda estimates the enterprise value of RESTLESS DEVELOPMENT at £0 based on an EBITDA of £-299.1k and a 4.71x industry multiple (adjusted for size and gross margin).
restless development Estimated Valuation
Pomanda estimates the enterprise value of RESTLESS DEVELOPMENT at £4.6m based on Net Assets of £2.1m and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Restless Development Overview
Restless Development is a live company located in london, WC2R 1LA with a Companies House number of 06741123. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in November 2008, it's largest shareholder is unknown. Restless Development is a established, mid sized company, Pomanda has estimated its turnover at £7.9m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Restless Development Health Check
Pomanda's financial health check has awarded Restless Development a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £7.9m, make it larger than the average company (£482.7k)
£7.9m - Restless Development
£482.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (5.6%)
-10% - Restless Development
5.6% - Industry AVG
Production
with a gross margin of 57.5%, this company has a comparable cost of product (57.5%)
57.5% - Restless Development
57.5% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (5.1%)
-5.2% - Restless Development
5.1% - Industry AVG
Employees
with 220 employees, this is above the industry average (13)
220 - Restless Development
13 - Industry AVG
Pay Structure
on an average salary of £16.1k, the company has a lower pay structure (£28.7k)
£16.1k - Restless Development
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £35.9k, this is less efficient (£51.4k)
£35.9k - Restless Development
£51.4k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (18 days)
7 days - Restless Development
18 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Restless Development
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Restless Development
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 162 weeks, this is more cash available to meet short term requirements (111 weeks)
162 weeks - Restless Development
111 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.4%, this is a similar level of debt than the average (24.5%)
24.4% - Restless Development
24.5% - Industry AVG
RESTLESS DEVELOPMENT financials
Restless Development's latest turnover from September 2023 is £7.9 million and the company has net assets of £2.1 million. According to their latest financial statements, Restless Development has 220 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,894,000 | 8,729,000 | 8,066,000 | 10,753,000 | 12,459,000 | 12,642,000 | 14,836,000 | 14,730,000 | 15,655,000 | 10,173,000 | 8,896,647 | 8,244,473 | 6,691,183 | 5,064,302 | 4,406,665 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -333,000 | -255,000 | 236,000 | -218,000 | 12,000 | 373,000 | -1,353,000 | 753,000 | 942,000 | 658,000 | 189,492 | 394,915 | 705,536 | -433,929 | -50,227 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -333,000 | -255,000 | 236,000 | -218,000 | 12,000 | 373,000 | -1,353,000 | 753,000 | 942,000 | 658,000 | 189,492 | 394,915 | 705,536 | -433,929 | -50,227 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -333,000 | -255,000 | 236,000 | -218,000 | 12,000 | 373,000 | -1,353,000 | 753,000 | 942,000 | 658,000 | 189,492 | 394,915 | 705,536 | -433,929 | -50,227 |
| Employee Costs | 3,537,000 | 3,669,000 | 3,661,000 | 5,587,000 | 5,304,000 | 5,481,000 | 5,997,000 | 4,938,000 | 4,080,000 | 3,495,000 | 2,842,322 | 2,516,064 | 2,134,885 | 1,805,143 | 1,638,398 |
| Number Of Employees | 220 | 272 | 235 | 391 | 338 | 378 | 451 | 406 | 306 | 294 | 268 | 233 | 252 | 231 | 194 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 236,000 | 298,000 | 131,000 | 220,000 | 276,000 | 334,000 | 375,000 | 465,000 | 452,000 | 189,000 | 176,040 | 199,623 | 218,708 | 180,907 | 133,570 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 236,000 | 298,000 | 131,000 | 220,000 | 276,000 | 334,000 | 375,000 | 465,000 | 452,000 | 189,000 | 176,040 | 199,623 | 218,708 | 180,907 | 133,570 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 1,007 | 151 | 132 | 1,485 | 9,710 |
| Trade Debtors | 163,000 | 275,000 | 1,098,000 | 951,000 | 1,262,000 | 635,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 586,000 | 854,000 | 42,000 | 34,000 | 125,000 | 79,000 | 1,966,000 | 1,700,000 | 1,550,000 | 1,275,000 | 645,721 | 371,466 | 220,941 | 406,354 | 818,449 |
| Cash | 1,773,000 | 1,996,000 | 2,615,000 | 2,543,000 | 2,560,000 | 3,895,000 | 3,295,000 | 4,423,000 | 3,113,000 | 2,601,000 | 2,834,798 | 1,419,753 | 1,760,423 | 853,612 | 723,531 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,522,000 | 3,125,000 | 3,755,000 | 3,528,000 | 3,947,000 | 4,609,000 | 5,261,000 | 6,123,000 | 4,664,000 | 3,877,000 | 3,481,526 | 1,791,370 | 1,981,496 | 1,261,451 | 1,551,690 |
| total assets | 2,758,000 | 3,423,000 | 3,886,000 | 3,748,000 | 4,223,000 | 4,943,000 | 5,636,000 | 6,588,000 | 5,116,000 | 4,066,000 | 3,657,566 | 1,990,993 | 2,200,204 | 1,442,358 | 1,685,260 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 1,518,000 | 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 | 0 |
| other short term finances | 40,000 | 40,000 | 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 | 0 |
| other current liabilities | 527,000 | 570,000 | 721,000 | 876,000 | 920,000 | 264,000 | 2,625,000 | 2,106,000 | 1,563,000 | 1,453,000 | 1,630,593 | 115,779 | 614,257 | 561,947 | 370,920 |
| total current liabilities | 567,000 | 610,000 | 721,000 | 876,000 | 920,000 | 1,782,000 | 2,625,000 | 2,106,000 | 1,563,000 | 1,453,000 | 1,630,593 | 115,779 | 614,257 | 561,947 | 370,920 |
| loans | 107,000 | 147,000 | 187,000 | 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 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 107,000 | 147,000 | 187,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 674,000 | 757,000 | 908,000 | 876,000 | 920,000 | 1,782,000 | 2,625,000 | 2,106,000 | 1,563,000 | 1,453,000 | 1,630,593 | 115,779 | 614,257 | 561,947 | 370,920 |
| net assets | 2,084,000 | 2,666,000 | 2,978,000 | 2,872,000 | 3,303,000 | 3,161,000 | 3,011,000 | 4,482,000 | 3,553,000 | 2,613,000 | 2,026,973 | 1,875,214 | 1,585,947 | 880,411 | 1,314,340 |
| total shareholders funds | 2,084,000 | 2,666,000 | 2,978,000 | 2,872,000 | 3,303,000 | 3,161,000 | 3,011,000 | 4,482,000 | 3,553,000 | 2,613,000 | 2,026,973 | 1,875,214 | 1,585,947 | 880,411 | 1,314,340 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 114,000 | 115,000 | 131,000 | 197,000 | 158,000 | 190,000 | 251,000 | 247,000 | 238,000 | 135,000 | 109,459 | 126,851 | 98,090 | 127,437 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,000 | 0 | -7 | 856 | 19 | -1,353 | -8,225 | 9,710 |
| Debtors | -380,000 | -11,000 | 155,000 | -402,000 | 673,000 | -1,252,000 | 266,000 | 150,000 | 275,000 | 629,279 | 274,255 | 150,525 | -185,413 | -412,095 | 818,449 |
| Creditors | 0 | 0 | 0 | 0 | -1,518,000 | 1,518,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -43,000 | -151,000 | -155,000 | -44,000 | 656,000 | -2,361,000 | 519,000 | 543,000 | 110,000 | -177,593 | 1,514,814 | -498,478 | 52,310 | 191,027 | 370,920 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -106,000 | -191,000 | -305,000 | -471,000 | 0 | 0 | -174,484 | 0 | 0 | |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -106,000 | -191,000 | -305,000 | -471,000 | 0 | 0 | -174,484 | 0 | 0 | |
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 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 | 0 |
| Other Short Term Loans | 0 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -40,000 | -40,000 | 187,000 | 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 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -289,000 | -57,000 | 57,000 | -213,000 | 130,000 | -223,000 | -118,000 | 176,000 | -2,000 | -71,973 | -37,733 | -105,648 | 0 | 0 | 1,364,567 |
| cash and cash equivalents | |||||||||||||||
| cash | -223,000 | -619,000 | 72,000 | -17,000 | -1,335,000 | 600,000 | -1,128,000 | 1,310,000 | 512,000 | -233,798 | 1,415,045 | -340,670 | 906,811 | 130,081 | 723,531 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -223,000 | -619,000 | 72,000 | -17,000 | -1,335,000 | 600,000 | -1,128,000 | 1,310,000 | 512,000 | -233,798 | 1,415,045 | -340,670 | 906,811 | 130,081 | 723,531 |
restless development Credit Report and Business Information
Restless Development Competitor Analysis
Perform a competitor analysis for restless development by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in WC2R area or any other competitors across 12 key performance metrics.
restless development Ownership
RESTLESS DEVELOPMENT group structure
Restless Development has 1 subsidiary company.
restless development directors
Restless Development currently has 15 directors. The longest serving directors include Ms Hannah Bronwin (Jul 2015) and Ms Isabella Mosselmans (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Hannah Bronwin | England | 41 years | Jul 2015 | - | Director |
| Ms Isabella Mosselmans | England | 30 years | Apr 2018 | - | Director |
| Miss Jenny Wilson | England | 31 years | Jul 2018 | - | Director |
| Mr Paul Wafer | England | 55 years | Sep 2018 | - | Director |
| Mr Tom Allen | England | 46 years | Nov 2018 | - | Director |
| Ms Lucinda Moore | England | 34 years | Jul 2019 | - | Director |
| Miss Edleen John | England | 37 years | Jul 2020 | - | Director |
| Ms Amisa Rashid | England | 31 years | May 2021 | - | Director |
| Mr Diwakar Uprety | England | 22 years | May 2021 | - | Director |
| Mr Mafipe Chunga | England | 44 years | May 2022 | - | Director |
P&L
September 2023turnover
7.9m
-10%
operating profit
-413.1k
0%
gross margin
57.6%
+3.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
2.1m
-0.22%
total assets
2.8m
-0.19%
cash
1.8m
-0.11%
net assets
Total assets minus all liabilities
restless development company details
company number
06741123
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85590 - Other education n.e.c.
incorporation date
November 2008
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
students' partnership worldwide (June 2010)
accountant
-
auditor
BUZZACOTT LLP
address
new wing, somerset house strand, london, WC2R 1LA
Bank
BARCLAYS BANK PLC
Legal Advisor
-
restless development 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 restless development. Currently there are 1 open charges and 0 have been satisfied in the past.
restless development 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.
Click to start generating capital raising & share issue transactions for RESTLESS DEVELOPMENT. This can take several minutes, an email will notify you when this has completed.
restless development Companies House Filings - See Documents
| date | description | view/download |
|---|
