richmond furniture scheme
richmond furniture scheme Company Information
Company Number
07001417
Next Accounts
Dec 2024
Industry
Retail sale of second-hand goods (other than antiques and antique books) in stores
Repair of furniture and home furnishings
Shareholders
-
Group Structure
View All
Contact
Registered Address
1a fortescue avenue, twickenham, middlesex, TW2 5LS
richmond furniture scheme Estimated Valuation
Pomanda estimates the enterprise value of RICHMOND FURNITURE SCHEME at £152.6k based on a Turnover of £461.3k and 0.33x industry multiple (adjusted for size and gross margin).
richmond furniture scheme Estimated Valuation
Pomanda estimates the enterprise value of RICHMOND FURNITURE SCHEME at £171.6k based on an EBITDA of £60.1k and a 2.85x industry multiple (adjusted for size and gross margin).
richmond furniture scheme Estimated Valuation
Pomanda estimates the enterprise value of RICHMOND FURNITURE SCHEME at £358.3k based on Net Assets of £183.1k and 1.96x industry multiple (adjusted for liquidity).
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Richmond Furniture Scheme Overview
Richmond Furniture Scheme is a live company located in middlesex, TW2 5LS with a Companies House number of 07001417. It operates in the retail sale of other second-hand goods in stores (not incl. antiques) sector, SIC Code 47799. Founded in August 2009, it's largest shareholder is unknown. Richmond Furniture Scheme is a established, micro sized company, Pomanda has estimated its turnover at £461.3k with high growth in recent years.
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Richmond Furniture Scheme Health Check
Pomanda's financial health check has awarded Richmond Furniture Scheme a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £461.3k, make it larger than the average company (£321k)
- Richmond Furniture Scheme
£321k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (9.4%)
- Richmond Furniture Scheme
9.4% - Industry AVG
Production
with a gross margin of 35.5%, this company has a higher cost of product (64.4%)
- Richmond Furniture Scheme
64.4% - Industry AVG
Profitability
an operating margin of 13% make it more profitable than the average company (7.2%)
- Richmond Furniture Scheme
7.2% - Industry AVG
Employees
with 6 employees, this is below the industry average (8)
6 - Richmond Furniture Scheme
8 - Industry AVG
Pay Structure
on an average salary of £20k, the company has an equivalent pay structure (£20k)
- Richmond Furniture Scheme
£20k - Industry AVG
Efficiency
resulting in sales per employee of £76.9k, this is more efficient (£61.3k)
- Richmond Furniture Scheme
£61.3k - Industry AVG
Debtor Days
it gets paid by customers after 150 days, this is later than average (22 days)
- Richmond Furniture Scheme
22 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (60 days)
- Richmond Furniture Scheme
60 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Richmond Furniture Scheme
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Richmond Furniture Scheme
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.8%, this is a lower level of debt than the average (51.9%)
3.8% - Richmond Furniture Scheme
51.9% - Industry AVG
RICHMOND FURNITURE SCHEME financials
Richmond Furniture Scheme's latest turnover from March 2023 is estimated at £461.3 thousand and the company has net assets of £183.1 thousand. According to their latest financial statements, Richmond Furniture Scheme has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 110,512 | 157,079 | 145,652 | 188,629 | 149,317 | 126,791 | 132,964 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 137,574 | 149,210 | 163,456 | 143,268 | 137,519 | 146,277 | 134,960 | |||||||
| Gross Profit | -27,062 | 7,869 | -17,804 | 45,361 | 11,798 | -19,486 | -1,996 | |||||||
| Admin Expenses | 300 | 300 | 300 | 200 | 200 | 200 | 176 | |||||||
| Operating Profit | -27,362 | 7,569 | -18,104 | 45,161 | 11,598 | -19,686 | -2,172 | |||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Interest Receivable | 0 | 0 | 2,146 | 329 | 260 | 174 | 875 | |||||||
| Pre-Tax Profit | -26,549 | 9,132 | -15,958 | 45,490 | 11,858 | -19,512 | -1,297 | |||||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Profit After Tax | -26,549 | 9,132 | -15,958 | 45,490 | 11,858 | -19,512 | -1,297 | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Retained Profit | -26,549 | 9,132 | -15,958 | 45,490 | 11,858 | -19,512 | -1,297 | |||||||
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Number Of Employees | 6 | 6 | 6 | 5 | 5 | |||||||||
| EBITDA* | -19,413 | 7,569 | -9,172 | 53,919 | 17,456 | -13,260 | -2,172 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 12 | 12 | 1,111 | 2,211 | 5,340 | 13,210 | 21,149 | 22,729 | 27,494 | 8,569 | 13,602 | 15,816 |
| 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 | 0 | 0 | 12 | 12 | 1,111 | 2,211 | 5,340 | 13,210 | 21,149 | 22,729 | 27,494 | 8,569 | 13,602 | 15,816 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 190,334 | 145,201 | 128,008 | 114,181 | 130,592 | 115,559 | 120,785 | 0 | 11,260 | 3,478 | 3,948 | 8,091 | 1,902 | 7,669 |
| 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 | 8,779 | 0 | 608 | 1,700 | 281 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 110,233 | 126,455 | 122,720 | 129,950 | 100,385 | 88,136 | 100,019 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 877 | 1,667 | 1,339 | 0 |
| total current assets | 190,334 | 145,201 | 128,008 | 114,181 | 130,592 | 115,559 | 120,785 | 119,012 | 137,715 | 126,806 | 136,475 | 110,424 | 91,377 | 107,688 |
| total assets | 190,334 | 145,201 | 128,020 | 114,193 | 131,703 | 117,770 | 126,125 | 132,222 | 158,864 | 149,535 | 163,969 | 118,993 | 104,979 | 123,504 |
| 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 | 7,283 | 10,853 | 0 | 3,903 | 12,660 | 3,836 | 6,385 | 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 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 | 6,139 | 6,232 | 6,135 | 4,610 | 5,124 | 2,969 | 1,982 |
| total current liabilities | 7,283 | 10,853 | 0 | 3,903 | 12,660 | 3,836 | 6,385 | 6,139 | 6,232 | 6,135 | 4,610 | 5,124 | 2,969 | 1,982 |
| 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 | 3,968 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 3,968 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 7,283 | 10,853 | 3,968 | 3,903 | 12,660 | 3,836 | 6,385 | 6,139 | 6,232 | 6,135 | 4,610 | 5,124 | 2,969 | 1,982 |
| net assets | 183,051 | 134,348 | 124,052 | 110,290 | 119,043 | 113,934 | 119,740 | 126,083 | 152,632 | 143,400 | 159,359 | 113,869 | 102,010 | 121,522 |
| total shareholders funds | 183,051 | 134,348 | 124,052 | 110,290 | 119,043 | 113,934 | 119,740 | 126,083 | 152,632 | 143,400 | 159,359 | 113,869 | 102,010 | 121,522 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -27,362 | 7,569 | -18,104 | 45,161 | 11,598 | -19,686 | -2,172 | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 7,949 | 8,932 | 8,758 | 5,858 | 6,426 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 45,133 | 17,193 | 13,827 | -16,411 | 15,033 | -5,226 | 112,006 | -2,481 | 7,174 | -1,562 | -2,724 | 6,470 | -5,767 | 7,669 |
| Creditors | -3,570 | 10,853 | -3,903 | -8,757 | 8,824 | -2,549 | 6,385 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -3,968 | 3,968 | 0 | 0 | 0 | -6,139 | -93 | 97 | 1,525 | -514 | 2,155 | 987 | 1,982 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -17,025 | -6,085 | 56,129 | 13,141 | -6,506 | -7,859 | ||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 2,146 | 329 | 260 | 174 | 875 | |||||||
| cash flow from financing | 0 | 100 | 2,145 | 329 | 261 | 174 | 123,694 | |||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -110,233 | -16,222 | 3,735 | -7,230 | 29,565 | 12,249 | -11,883 | 100,019 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -110,233 | -16,222 | 3,735 | -7,230 | 29,565 | 12,249 | -11,883 | 100,019 |
richmond furniture scheme Credit Report and Business Information
Richmond Furniture Scheme Competitor Analysis
Perform a competitor analysis for richmond furniture scheme by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in TW2 area or any other competitors across 12 key performance metrics.
richmond furniture scheme Ownership
RICHMOND FURNITURE SCHEME group structure
Richmond Furniture Scheme has no subsidiary companies.
Ultimate parent company
RICHMOND FURNITURE SCHEME
07001417
richmond furniture scheme directors
Richmond Furniture Scheme currently has 8 directors. The longest serving directors include Mr John Stephen (Apr 2018) and Mrs Nicola Anson (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Stephen | United Kingdom | 77 years | Apr 2018 | - | Director |
| Mrs Nicola Anson | England | 64 years | Jan 2019 | - | Director |
| Mrs Helen Higgins | England | 47 years | Aug 2021 | - | Director |
| Mr Ryan Richardson | 40 years | Aug 2021 | - | Director | |
| Mrs Helen Pugh | England | 40 years | Aug 2021 | - | Director |
| Mr Derek Papworth | England | 67 years | Nov 2021 | - | Director |
| Mrs Mithu Sengupta | England | 58 years | Dec 2021 | - | Director |
| Mrs Aoife Herr | England | 39 years | Oct 2024 | - | Director |
P&L
March 2023turnover
461.3k
+77%
operating profit
60.1k
0%
gross margin
35.6%
-1.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
183.1k
+0.36%
total assets
190.3k
+0.31%
cash
0
0%
net assets
Total assets minus all liabilities
richmond furniture scheme company details
company number
07001417
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
47799 - Retail sale of second-hand goods (other than antiques and antique books) in stores
95240 - Repair of furniture and home furnishings
incorporation date
August 2009
age
15
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
1a fortescue avenue, twickenham, middlesex, TW2 5LS
Bank
CAFBANK LTD
Legal Advisor
-
richmond furniture scheme 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 richmond furniture scheme.
richmond furniture scheme 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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richmond furniture scheme Companies House Filings - See Documents
| date | description | view/download |
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