redish motorsport limited Company Information
Company Number
06932225
Website
www.redish-motorsport.comRegistered Address
unit 3 lynwood court, bakers park, bishopsworth, bristol, BS13 7TT
Industry
Maintenance and repair of motor vehicles
Telephone
01179781889
Next Accounts Due
March 2025
Group Structure
View All
Directors
James Redish15 Years
Shareholders
james redish 100%
redish motorsport limited Estimated Valuation
Pomanda estimates the enterprise value of REDISH MOTORSPORT LIMITED at £149.5k based on a Turnover of £678.2k and 0.22x industry multiple (adjusted for size and gross margin).
redish motorsport limited Estimated Valuation
Pomanda estimates the enterprise value of REDISH MOTORSPORT LIMITED at £0 based on an EBITDA of £-615 and a 2.76x industry multiple (adjusted for size and gross margin).
redish motorsport limited Estimated Valuation
Pomanda estimates the enterprise value of REDISH MOTORSPORT LIMITED at £206.5k based on Net Assets of £70.2k and 2.94x industry multiple (adjusted for liquidity).
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Redish Motorsport Limited Overview
Redish Motorsport Limited is a live company located in bishopsworth, BS13 7TT with a Companies House number of 06932225. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in June 2009, it's largest shareholder is james redish with a 100% stake. Redish Motorsport Limited is a established, small sized company, Pomanda has estimated its turnover at £678.2k with healthy growth in recent years.
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Redish Motorsport Limited Health Check
Pomanda's financial health check has awarded Redish Motorsport Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £678.2k, make it larger than the average company (£363.2k)
- Redish Motorsport Limited
£363.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.8%)
- Redish Motorsport Limited
6.8% - Industry AVG
Production
with a gross margin of 23.9%, this company has a higher cost of product (36.6%)
- Redish Motorsport Limited
36.6% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (5.8%)
- Redish Motorsport Limited
5.8% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (5)
6 - Redish Motorsport Limited
5 - Industry AVG
Pay Structure
on an average salary of £23.3k, the company has an equivalent pay structure (£23.3k)
- Redish Motorsport Limited
£23.3k - Industry AVG
Efficiency
resulting in sales per employee of £113k, this is more efficient (£93.1k)
- Redish Motorsport Limited
£93.1k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (38 days)
- Redish Motorsport Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 91 days, this is slower than average (40 days)
- Redish Motorsport Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Redish Motorsport Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Redish Motorsport Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.8%, this is a similar level of debt than the average (67.6%)
69.8% - Redish Motorsport Limited
67.6% - Industry AVG
REDISH MOTORSPORT LIMITED financials
Redish Motorsport Limited's latest turnover from June 2023 is estimated at £678.2 thousand and the company has net assets of £70.2 thousand. According to their latest financial statements, Redish Motorsport Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 6 | 7 | 7 | 5 | 5 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 26,557 | 25,939 | 24,899 | 13,593 | 4,644 | 5,151 | 5,702 | 6,024 | 6,390 | 6,536 | 3,571 | 3,791 | 2,253 | 2,843 |
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 | 26,557 | 25,939 | 24,899 | 13,593 | 4,644 | 5,151 | 5,702 | 6,024 | 6,390 | 6,536 | 3,571 | 3,791 | 2,253 | 2,843 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,526 | 26,450 | 24,200 | 12,692 | 6,396 | 1,481 | 6,863 |
Trade Debtors | 204,085 | 188,747 | 127,829 | 128,031 | 66,384 | 79,945 | 59,911 | 2,228 | 4,941 | 12,335 | 1,453 | 948 | 1,675 | 972 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,481 | 0 | 0 | 1,045 | 1,525 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,371 | 20,542 | 8,716 | 12,688 | 3,620 | 2,117 | 704 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 1,243 | 1,962 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 205,566 | 188,747 | 127,829 | 129,076 | 67,909 | 81,188 | 61,873 | 63,125 | 51,933 | 45,251 | 26,833 | 10,964 | 5,273 | 8,539 |
total assets | 232,123 | 214,686 | 152,728 | 142,669 | 72,553 | 86,339 | 67,575 | 69,149 | 58,323 | 51,787 | 30,404 | 14,755 | 7,526 | 11,382 |
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 | 129,465 | 105,857 | 100,879 | 78,702 | 65,958 | 79,259 | 61,243 | 67,652 | 56,908 | 51,369 | 31,312 | 32,378 | 29,977 | 26,460 |
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 | 0 | 0 |
total current liabilities | 129,465 | 105,857 | 100,879 | 78,702 | 65,958 | 79,259 | 61,243 | 67,652 | 56,908 | 51,369 | 31,312 | 32,378 | 29,977 | 26,460 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 32,500 | 38,056 | 46,165 | 59,260 | 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 |
total long term liabilities | 32,500 | 38,056 | 46,165 | 59,260 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 161,965 | 143,913 | 147,044 | 137,962 | 65,958 | 79,259 | 61,243 | 67,652 | 56,908 | 51,369 | 31,312 | 32,378 | 29,977 | 26,460 |
net assets | 70,158 | 70,773 | 5,684 | 4,707 | 6,595 | 7,080 | 6,332 | 1,497 | 1,415 | 418 | -908 | -17,623 | -22,451 | -15,078 |
total shareholders funds | 70,158 | 70,773 | 5,684 | 4,707 | 6,595 | 7,080 | 6,332 | 1,497 | 1,415 | 418 | -908 | -17,623 | -22,451 | -15,078 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 1,870 | 1,983 | 2,008 | 1,107 | 1,231 | 740 | 931 | |||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | -37,526 | 11,076 | 2,250 | 11,508 | 6,296 | 4,915 | -5,382 | 6,863 |
Debtors | 16,819 | 60,918 | -1,247 | 61,167 | -12,036 | 20,034 | 57,683 | -2,713 | -7,394 | 10,882 | 505 | -727 | 703 | 972 |
Creditors | 23,608 | 4,978 | 22,177 | 12,744 | -13,301 | 18,016 | -6,409 | 10,744 | 5,539 | 20,057 | -1,066 | 2,401 | 3,517 | 26,460 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -5,556 | -8,109 | -13,095 | 59,260 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -23,371 | 2,829 | 11,826 | -3,972 | 9,068 | 1,503 | 1,413 | 704 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -23,371 | 2,829 | 11,826 | -3,972 | 9,068 | 1,503 | 1,413 | 704 |
redish motorsport limited Credit Report and Business Information
Redish Motorsport Limited Competitor Analysis
Perform a competitor analysis for redish motorsport limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BS13 area or any other competitors across 12 key performance metrics.
redish motorsport limited Ownership
REDISH MOTORSPORT LIMITED group structure
Redish Motorsport Limited has no subsidiary companies.
Ultimate parent company
REDISH MOTORSPORT LIMITED
06932225
redish motorsport limited directors
Redish Motorsport Limited currently has 1 director, Mr James Redish serving since Jun 2009.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Redish | United Kingdom | 40 years | Jun 2009 | - | Director |
P&L
June 2023turnover
678.2k
+11%
operating profit
-615
0%
gross margin
24%
+6.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
70.2k
-0.01%
total assets
232.1k
+0.08%
cash
0
0%
net assets
Total assets minus all liabilities
redish motorsport limited company details
company number
06932225
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
June 2009
age
15
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
unit 3 lynwood court, bakers park, bishopsworth, bristol, BS13 7TT
Bank
-
Legal Advisor
-
redish motorsport 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 redish motorsport limited.
redish motorsport limited Companies House Filings - See Documents
date | description | view/download |
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