reefacre ltd.
reefacre ltd. Company Information
Company Number
07090650
Next Accounts
Aug 2025
Directors
Shareholders
boxer 100 investments ltd
Group Structure
View All
Industry
Development of building projects
Registered Address
kenwood house 77a shenley road, borehamwood, hertfordshire, WD6 1AG
Website
-reefacre ltd. Estimated Valuation
Pomanda estimates the enterprise value of REEFACRE LTD. at £4.4m based on a Turnover of £10.7m and 0.41x industry multiple (adjusted for size and gross margin).
reefacre ltd. Estimated Valuation
Pomanda estimates the enterprise value of REEFACRE LTD. at £0 based on an EBITDA of £-72.5k and a 3.23x industry multiple (adjusted for size and gross margin).
reefacre ltd. Estimated Valuation
Pomanda estimates the enterprise value of REEFACRE LTD. at £1m based on Net Assets of £730.8k and 1.41x industry multiple (adjusted for liquidity).
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Reefacre Ltd. Overview
Reefacre Ltd. is a live company located in hertfordshire, WD6 1AG with a Companies House number of 07090650. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2009, it's largest shareholder is boxer 100 investments ltd with a 100% stake. Reefacre Ltd. is a established, mid sized company, Pomanda has estimated its turnover at £10.7m with declining growth in recent years.
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Reefacre Ltd. Health Check
Pomanda's financial health check has awarded Reefacre Ltd. a 3.5 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 £10.7m, make it larger than the average company (£2.2m)
- Reefacre Ltd.
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (3.9%)
- Reefacre Ltd.
3.9% - Industry AVG
Production
with a gross margin of 9.7%, this company has a higher cost of product (26.6%)
- Reefacre Ltd.
26.6% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (6.8%)
- Reefacre Ltd.
6.8% - Industry AVG
Employees
with 15 employees, this is above the industry average (6)
- Reefacre Ltd.
6 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Reefacre Ltd.
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £712.7k, this is more efficient (£267.6k)
- Reefacre Ltd.
£267.6k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (28 days)
- Reefacre Ltd.
28 days - Industry AVG
Creditor Days
its suppliers are paid after 202 days, this is slower than average (31 days)
- Reefacre Ltd.
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reefacre Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Reefacre Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88%, this is a higher level of debt than the average (72.4%)
88% - Reefacre Ltd.
72.4% - Industry AVG
REEFACRE LTD. financials
Reefacre Ltd.'s latest turnover from November 2023 is estimated at £10.7 million and the company has net assets of £730.8 thousand. According to their latest financial statements, we estimate that Reefacre Ltd. has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 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 | 1 | |||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,039,262 | 6,044,016 | 7,425,000 | 9,255 | 11,569 | 28,103 | 35,128 | 123,293 | 254,976 | |||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 6,039,262 | 6,044,016 | 7,425,000 | 9,255 | 11,569 | 28,103 | 35,128 | 123,293 | 254,976 | |||||
| Stock & work in progress | 2,699,685 | 2,425,359 | 48,479 | 164,125 | ||||||||||
| Trade Debtors | 52,513 | 48,971 | 5,790 | 4,993,470 | 4,208,523 | 3,073,846 | 2,801,550 | 20,886 | 6,000 | 10,816 | 13,877 | 16,456 | 2,828 | |
| Group Debtors | ||||||||||||||
| Misc Debtors | 17,589 | 26,552 | 38,216 | 48,860 | ||||||||||
| Cash | 2 | 4,272 | 5 | |||||||||||
| misc current assets | ||||||||||||||
| total current assets | 52,513 | 48,971 | 5,790 | 4,993,470 | 4,208,523 | 3,073,846 | 2,801,550 | 2,717,276 | 2,472,797 | 92,695 | 174,941 | 18,149 | 16,461 | 51,688 |
| total assets | 6,091,775 | 6,092,987 | 7,430,790 | 4,993,470 | 4,208,523 | 3,073,846 | 2,801,550 | 2,717,276 | 2,482,052 | 104,264 | 203,044 | 53,277 | 139,754 | 306,664 |
| Bank overdraft | 93 | |||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 5,360,927 | 5,289,686 | 6,340,773 | 3,179,754 | 2,821,201 | 25,702 | 24,836 | 66,599 | 51,307 | 42,423 | 15,637 | 125,119 | ||
| Group/Directors Accounts | 25,894 | |||||||||||||
| other short term finances | 2,654,330 | |||||||||||||
| hp & lease commitments | 4,099 | |||||||||||||
| other current liabilities | 2,195 | 165,526 | ||||||||||||
| total current liabilities | 5,360,927 | 5,289,686 | 6,340,773 | 3,179,754 | 2,821,201 | 2,708,121 | 194,554 | 66,599 | 51,307 | 42,423 | 15,637 | 125,119 | ||
| loans | 2,278,520 | 185,686 | ||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 5,247,378 | 4,419,793 | 44,099 | 164,285 | 21,944 | 131,319 | ||||||||
| provisions | ||||||||||||||
| total long term liabilities | 5,247,378 | 4,419,793 | 2,278,520 | 44,099 | 164,285 | 21,944 | 131,319 | 185,686 | ||||||
| total liabilities | 5,360,927 | 5,289,686 | 6,340,773 | 5,247,378 | 4,419,793 | 3,179,754 | 2,821,201 | 2,708,121 | 2,473,074 | 110,698 | 215,592 | 64,367 | 146,956 | 310,805 |
| net assets | 730,848 | 803,301 | 1,090,017 | -253,908 | -211,270 | -105,908 | -19,651 | 9,155 | 8,978 | -6,434 | -12,548 | -11,090 | -7,202 | -4,141 |
| total shareholders funds | 730,848 | 803,301 | 1,090,017 | -253,908 | -211,270 | -105,908 | -19,651 | 9,155 | 8,978 | -6,434 | -12,548 | -11,090 | -7,202 | -4,141 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 2,314 | 2,893 | 7,025 | 8,782 | 5,608 | 7,706 | ||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | -2,699,685 | 274,326 | 2,376,880 | -115,646 | 164,125 | |||||||||
| Debtors | 3,542 | 43,181 | -4,987,680 | 784,947 | 1,134,677 | 272,296 | 2,783,961 | -29,849 | 3,222 | 33,400 | -3,061 | -2,579 | -35,232 | 51,688 |
| Creditors | 71,241 | -1,051,087 | 6,340,773 | -3,179,754 | 358,553 | 2,795,499 | 866 | -41,763 | 15,292 | 8,884 | 26,786 | -109,482 | 125,119 | |
| Accruals and Deferred Income | -2,195 | -163,331 | 165,526 | |||||||||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -25,894 | 25,894 | ||||||||||||
| Other Short Term Loans | -2,654,330 | 2,654,330 | ||||||||||||
| Long term loans | -2,278,520 | 2,278,520 | -185,686 | 185,686 | ||||||||||
| Hire Purchase and Lease Commitments | -4,099 | 4,099 | ||||||||||||
| other long term liabilities | -5,247,378 | 827,585 | 4,419,793 | -44,099 | -120,186 | 142,341 | -109,375 | 131,319 | ||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -2 | 2 | -4,272 | 4,267 | 5 | |||||||||
| overdraft | -93 | 93 | ||||||||||||
| change in cash | -2 | 95 | -93 | -4,272 | 4,267 | 5 |
reefacre ltd. Credit Report and Business Information
Reefacre Ltd. Competitor Analysis
Perform a competitor analysis for reefacre ltd. by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in WD6 area or any other competitors across 12 key performance metrics.
reefacre ltd. Ownership
REEFACRE LTD. group structure
Reefacre Ltd. has no subsidiary companies.
reefacre ltd. directors
Reefacre Ltd. currently has 1 director, Mr Jonathan Shelley serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Shelley | England | 44 years | Aug 2017 | - | Director |
P&L
November 2023turnover
10.7m
+3%
operating profit
-72.5k
0%
gross margin
9.8%
-0.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
730.8k
-0.09%
total assets
6.1m
0%
cash
0
0%
net assets
Total assets minus all liabilities
reefacre ltd. company details
company number
07090650
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2009
age
16
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
kenwood house 77a shenley road, borehamwood, hertfordshire, WD6 1AG
Bank
BARCLAYS BANK PLC
Legal Advisor
-
reefacre ltd. 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 13 charges/mortgages relating to reefacre ltd.. Currently there are 3 open charges and 10 have been satisfied in the past.
reefacre ltd. 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 REEFACRE LTD.. This can take several minutes, an email will notify you when this has completed.
reefacre ltd. Companies House Filings - See Documents
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