ridgecrest trading limited
ridgecrest trading limited Company Information
Company Number
07009965
Next Accounts
1444 days late
Directors
Shareholders
nakama group plc
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
5th floor grove house, 248a marylebone road, london, NW1 6BB
Website
www.nakamaglobal.comridgecrest trading limited Estimated Valuation
Pomanda estimates the enterprise value of RIDGECREST TRADING LIMITED at £395.3k based on a Turnover of £2.6m and 0.15x industry multiple (adjusted for size and gross margin).
ridgecrest trading limited Estimated Valuation
Pomanda estimates the enterprise value of RIDGECREST TRADING LIMITED at £0 based on an EBITDA of £-218.4k and a 2.69x industry multiple (adjusted for size and gross margin).
ridgecrest trading limited Estimated Valuation
Pomanda estimates the enterprise value of RIDGECREST TRADING LIMITED at £0 based on Net Assets of £-921.5k and 1.28x industry multiple (adjusted for liquidity).
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Ridgecrest Trading Limited Overview
Ridgecrest Trading Limited is a live company located in london, NW1 6BB with a Companies House number of 07009965. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in September 2009, it's largest shareholder is nakama group plc with a 100% stake. Ridgecrest Trading Limited is a established, small sized company, Pomanda has estimated its turnover at £2.6m with declining growth in recent years.
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Ridgecrest Trading Limited Health Check
Pomanda's financial health check has awarded Ridgecrest Trading Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£4.3m)
£2.6m - Ridgecrest Trading Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (2.7%)
-26% - Ridgecrest Trading Limited
2.7% - Industry AVG
Production
with a gross margin of 19.4%, this company has a comparable cost of product (22.8%)
19.4% - Ridgecrest Trading Limited
22.8% - Industry AVG
Profitability
an operating margin of -8.5% make it less profitable than the average company (2.9%)
-8.5% - Ridgecrest Trading Limited
2.9% - Industry AVG
Employees
with 9 employees, this is below the industry average (34)
9 - Ridgecrest Trading Limited
34 - Industry AVG
Pay Structure
on an average salary of £49.6k, the company has an equivalent pay structure (£42.5k)
£49.6k - Ridgecrest Trading Limited
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £288.7k, this is more efficient (£173.1k)
£288.7k - Ridgecrest Trading Limited
£173.1k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is near the average (51 days)
44 days - Ridgecrest Trading Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (10 days)
9 days - Ridgecrest Trading Limited
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ridgecrest Trading Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Ridgecrest Trading Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 291.1%, this is a higher level of debt than the average (70%)
291.1% - Ridgecrest Trading Limited
70% - Industry AVG
RIDGECREST TRADING LIMITED financials
Ridgecrest Trading Limited's latest turnover from March 2019 is £2.6 million and the company has net assets of -£921.5 thousand. According to their latest financial statements, Ridgecrest Trading Limited has 9 employees and maintains cash reserves of £8.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,598,264 | 4,506,817 | 5,560,759 | 6,287,395 | 6,267,316 | 5,024,992 | 4,558,249 | 6,092,277 | 2,990,385 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 2,093,143 | 3,413,738 | 4,236,364 | 5,069,725 | 4,944,537 | 3,974,396 | 3,496,173 | 4,598,049 | 2,109,573 |
| Gross Profit | 505,121 | 1,093,079 | 1,324,395 | 1,217,670 | 1,322,779 | 1,050,596 | 1,062,076 | 1,494,228 | 880,812 |
| Admin Expenses | 725,150 | 1,557,526 | 1,387,748 | 1,393,764 | 1,265,142 | 1,090,459 | 991,931 | 1,461,254 | 719,888 |
| Operating Profit | -220,029 | -464,447 | -63,353 | -176,094 | 57,637 | -39,863 | 70,145 | 32,974 | 160,924 |
| Interest Payable | 13,576 | 8,406 | 9,720 | 15,861 | 14,050 | 12,445 | 12,807 | 5,336 | |
| Interest Receivable | 245 | 1,935 | 9 | ||||||
| Pre-Tax Profit | -233,605 | -472,853 | -72,828 | -190,020 | 43,587 | -52,308 | 57,339 | 27,638 | 160,933 |
| Tax | 5,194 | -45,785 | |||||||
| Profit After Tax | -233,605 | -472,853 | -72,828 | -190,020 | 43,587 | -52,308 | 57,339 | 32,832 | 115,148 |
| Dividends Paid | 37,891 | 111,000 | |||||||
| Retained Profit | -233,605 | -472,853 | -72,828 | -190,020 | 43,587 | -52,308 | 57,339 | -5,059 | 4,148 |
| Employee Costs | 446,194 | 745,280 | 824,295 | 716,854 | 694,217 | 559,658 | 478,023 | 783,308 | 347,729 |
| Number Of Employees | 9 | 12 | 14 | 16 | 16 | 14 | 12 | 17 | 15 |
| EBITDA* | -218,431 | -459,365 | -46,901 | -153,870 | 79,380 | -21,170 | 79,180 | 51,242 | 160,924 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 191 | 2,769 | 6,321 | 19,512 | 26,244 | 24,505 | 15,807 | 17,055 | 18,550 |
| Intangible Assets | |||||||||
| Investments & Other | 143 | 143 | 143 | 143 | 143 | 143 | 143 | 143 | 93 |
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 334 | 2,912 | 6,464 | 19,655 | 26,387 | 24,648 | 15,950 | 17,198 | 18,643 |
| Stock & work in progress | |||||||||
| Trade Debtors | 314,623 | 641,566 | 999,810 | 933,283 | 976,853 | 948,844 | 868,682 | 1,265,894 | 603,523 |
| Group Debtors | 136,927 | 112,597 | 408,353 | 479,554 | 492,061 | 558,922 | 530,384 | 300,171 | 25,655 |
| Misc Debtors | 21,689 | 35,584 | 24,857 | 75,073 | 86,395 | 44,041 | 22,538 | 35,243 | 19,392 |
| Cash | 8,646 | 5,131 | 22,585 | 6,048 | 2,815 | 32,870 | 1,149 | 75,394 | |
| misc current assets | |||||||||
| total current assets | 481,885 | 794,878 | 1,455,605 | 1,493,958 | 1,558,124 | 1,584,677 | 1,421,604 | 1,602,457 | 723,964 |
| total assets | 482,219 | 797,790 | 1,462,069 | 1,513,613 | 1,584,511 | 1,609,325 | 1,437,554 | 1,619,655 | 742,607 |
| Bank overdraft | 170,566 | 432,784 | 511,392 | 639,995 | 634,890 | 621,587 | 492,925 | 849,249 | |
| Bank loan | |||||||||
| Trade Creditors | 53,140 | 67,280 | 158,919 | 135,665 | 161,957 | 131,081 | 106,706 | 158,906 | 24,649 |
| Group/Directors Accounts | 1,051,688 | 729,592 | 789,671 | 672,580 | 557,071 | 633,780 | 603,275 | 371,406 | |
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 128,333 | 256,037 | 217,137 | 207,595 | 182,795 | 218,666 | 178,129 | 240,915 | 708,526 |
| total current liabilities | 1,403,727 | 1,485,693 | 1,677,119 | 1,655,835 | 1,536,713 | 1,605,114 | 1,381,035 | 1,620,476 | 733,175 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 5,194 | ||||||||
| total long term liabilities | 5,194 | ||||||||
| total liabilities | 1,403,727 | 1,485,693 | 1,677,119 | 1,655,835 | 1,536,713 | 1,605,114 | 1,381,035 | 1,620,476 | 738,369 |
| net assets | -921,508 | -687,903 | -215,050 | -142,222 | 47,798 | 4,211 | 56,519 | -821 | 4,238 |
| total shareholders funds | -921,508 | -687,903 | -215,050 | -142,222 | 47,798 | 4,211 | 56,519 | -821 | 4,238 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -220,029 | -464,447 | -63,353 | -176,094 | 57,637 | -39,863 | 70,145 | 32,974 | 160,924 |
| Depreciation | 1,598 | 5,082 | 16,452 | 22,224 | 21,743 | 18,693 | 9,035 | 18,268 | |
| Amortisation | |||||||||
| Tax | 5,194 | -45,785 | |||||||
| Stock | |||||||||
| Debtors | -316,508 | -643,273 | -54,890 | -67,399 | 3,502 | 130,203 | -179,704 | 1,601,308 | 648,570 |
| Creditors | -14,140 | -91,639 | 23,254 | -26,292 | 30,876 | 24,375 | -52,200 | 158,906 | 24,649 |
| Accruals and Deferred Income | -127,704 | 38,900 | 9,542 | 24,800 | -35,871 | 40,537 | -62,786 | 240,915 | 708,526 |
| Deferred Taxes & Provisions | 5,194 | ||||||||
| Cash flow from operations | -43,767 | 131,169 | 40,785 | -87,963 | 70,883 | -86,461 | 143,898 | -1,145,051 | 204,938 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 143 | 93 | |||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 322,096 | -60,079 | 117,091 | 115,509 | -76,709 | 30,505 | 231,869 | 371,406 | |
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -13,576 | -8,406 | -9,475 | -13,926 | -14,050 | -12,445 | -12,807 | -5,336 | 9 |
| cash flow from financing | 308,520 | -68,485 | 107,616 | 101,583 | -90,759 | 18,060 | 219,063 | 370,308 | 99 |
| cash and cash equivalents | |||||||||
| cash | 3,515 | -17,454 | 16,537 | 3,233 | -30,055 | 32,870 | -1,149 | 1,149 | 75,394 |
| overdraft | -262,218 | -78,608 | -128,603 | 5,105 | 13,303 | 128,662 | -356,324 | 849,249 | |
| change in cash | 265,733 | 61,154 | 145,140 | -1,872 | -43,358 | -95,792 | 355,175 | -848,100 | 75,394 |
ridgecrest trading limited Credit Report and Business Information
Ridgecrest Trading Limited Competitor Analysis
Perform a competitor analysis for ridgecrest trading limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in NW1 area or any other competitors across 12 key performance metrics.
ridgecrest trading limited Ownership
RIDGECREST TRADING LIMITED group structure
Ridgecrest Trading Limited has no subsidiary companies.
ridgecrest trading limited directors
Ridgecrest Trading Limited currently has 1 director, Mr Robert Thesiger serving since Apr 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Thesiger | United Kingdom | 54 years | Apr 2019 | - | Director |
P&L
March 2019turnover
2.6m
-42%
operating profit
-220k
-53%
gross margin
19.5%
-19.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
-921.5k
+0.34%
total assets
482.2k
-0.4%
cash
8.6k
+0.69%
net assets
Total assets minus all liabilities
ridgecrest trading limited company details
company number
07009965
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
September 2009
age
16
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2019
previous names
nakama limited (January 2021)
accountant
-
auditor
HAZLEWOODS LLP
address
5th floor grove house, 248a marylebone road, london, NW1 6BB
Bank
-
Legal Advisor
BATES WELLS
ridgecrest trading 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 4 charges/mortgages relating to ridgecrest trading limited. Currently there are 0 open charges and 4 have been satisfied in the past.
ridgecrest trading limited 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 RIDGECREST TRADING LIMITED. This can take several minutes, an email will notify you when this has completed.
ridgecrest trading limited Companies House Filings - See Documents
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