recline world furniture limited

recline world furniture limited Company Information

Share RECLINE WORLD FURNITURE LIMITED
Live 
EstablishedMicroDeclining

Company Number

07375985

Industry

Retail sale of carpets, rugs, wall and floor coverings in specialised stores

 

Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores

 

Directors

Roger Manley

Shareholders

roger john manley

Group Structure

View All

Contact

Registered Address

44 hawksmoor drive, perton, wolverhampton, west midlands, WV6 7TE

Website

-

recline world furniture limited Estimated Valuation

£4.1k

Pomanda estimates the enterprise value of RECLINE WORLD FURNITURE LIMITED at £4.1k based on a Turnover of £13.4k and 0.3x industry multiple (adjusted for size and gross margin).

recline world furniture limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RECLINE WORLD FURNITURE LIMITED at £0 based on an EBITDA of £-97 and a 3.06x industry multiple (adjusted for size and gross margin).

recline world furniture limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RECLINE WORLD FURNITURE LIMITED at £0 based on Net Assets of £-2.8k and 2.07x industry multiple (adjusted for liquidity).

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Recline World Furniture Limited Overview

Recline World Furniture Limited is a live company located in wolverhampton, WV6 7TE with a Companies House number of 07375985. It operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores sector, SIC Code 47530. Founded in September 2010, it's largest shareholder is roger john manley with a 100% stake. Recline World Furniture Limited is a established, micro sized company, Pomanda has estimated its turnover at £13.4k with declining growth in recent years.

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Recline World Furniture Limited Health Check

Pomanda's financial health check has awarded Recline World Furniture Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £13.4k, make it smaller than the average company (£6.7m)

£13.4k - Recline World Furniture Limited

£6.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (6.3%)

-32% - Recline World Furniture Limited

6.3% - Industry AVG

production

Production

with a gross margin of 32.5%, this company has a higher cost of product (42.5%)

32.5% - Recline World Furniture Limited

42.5% - Industry AVG

profitability

Profitability

an operating margin of -0.7% make it less profitable than the average company (3.9%)

-0.7% - Recline World Furniture Limited

3.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (35)

1 - Recline World Furniture Limited

35 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.3k, the company has an equivalent pay structure (£33.3k)

£33.3k - Recline World Furniture Limited

£33.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £13.4k, this is less efficient (£170.7k)

£13.4k - Recline World Furniture Limited

£170.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 46 days, this is later than average (20 days)

46 days - Recline World Furniture Limited

20 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 182 days, this is slower than average (40 days)

182 days - Recline World Furniture Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Recline World Furniture Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Recline World Furniture Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 264.9%, this is a higher level of debt than the average (58.9%)

264.9% - Recline World Furniture Limited

58.9% - Industry AVG

RECLINE WORLD FURNITURE LIMITED financials

EXPORTms excel logo

Recline World Furniture Limited's latest turnover from September 2023 is estimated at £13.4 thousand and the company has net assets of -£2.8 thousand. According to their latest financial statements, we estimate that Recline World Furniture Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011
Turnover13,42113,42711,00642,6801,8011,7754,2206,2942,605998000
Other Income Or Grants0000000000000
Cost Of Sales9,0549,0477,43528,5011,2431,2162,9174,4461,819703000
Gross Profit4,3674,3793,57114,1795585591,3021,848786295000
Admin Expenses4,4644,47613,5614,2655921,2711,2701,808-102985000
Operating Profit-97-97-9,9909,914-34-7123240888-690000
Interest Payable0000000000000
Interest Receivable0000000000000
Pre-Tax Profit-97-97-9,9909,914-34-7123240888-690000
Tax000-1,88400-6-8-1770000
Profit After Tax-97-97-9,9908,030-34-7122632710-690000
Dividends Paid0000000000000
Retained Profit-97-97-9,9908,030-34-7122632710-690000
Employee Costs33,30029,29127,52826,48027,67326,24826,21626,35025,85224,147000
Number Of Employees1111111111000
EBITDA*-97-97-9,9909,914-34-7123240888-690000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011
Tangible Assets0000000000000
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets0000000000000
Stock & work in progress0000000000000
Trade Debtors1,7111,8081,9059,745007678133493000
Group Debtors0000000000000
Misc Debtors0000000000000
Cash0000000000000
misc current assets0000000000000
total current assets1,7111,8081,9059,745007678133493000
total assets1,7111,8081,9059,745007678133493000
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 4,5334,5334,5332,383668634689761329693000
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities0000000000000
total current liabilities4,5334,5334,5332,383668634689761329693000
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities0000000000000
provisions0000000000000
total long term liabilities0000000000000
total liabilities4,5334,5334,5332,383668634689761329693000
net assets-2,822-2,725-2,6287,362-668-634785220-690000
total shareholders funds-2,822-2,725-2,6287,362-668-634785220-690000
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011
Operating Activities
Operating Profit-97-97-9,9909,914-34-7123240888-690000
Depreciation0000000000000
Amortisation0000000000000
Tax000-1,88400-6-8-1770000
Stock0000000000000
Debtors-97-97-7,8409,7450-767-464643463000
Creditors002,1501,71534-55-72432-364693000
Accruals and Deferred Income0000000000000
Deferred Taxes & Provisions0000000000000
Cash flow from operations0000000010000
Investing Activities
capital expenditure0000000000000
Change in Investments0000000000000
cash flow from investments0000000000000
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue0000000000000
interest0000000000000
cash flow from financing0000000000000
cash and cash equivalents
cash0000000000000
overdraft0000000000000
change in cash0000000000000

recline world furniture limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Recline World Furniture Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for recline world furniture limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in WV6 area or any other competitors across 12 key performance metrics.

recline world furniture limited Ownership

RECLINE WORLD FURNITURE LIMITED group structure

Recline World Furniture Limited has no subsidiary companies.

Ultimate parent company

RECLINE WORLD FURNITURE LIMITED

07375985

RECLINE WORLD FURNITURE LIMITED Shareholders

roger john manley 100%

recline world furniture limited directors

Recline World Furniture Limited currently has 1 director, Mr Roger Manley serving since May 2018.

officercountryagestartendrole
Mr Roger ManleyEngland51 years May 2018- Director

P&L

September 2023

turnover

13.4k

0%

operating profit

-97

0%

gross margin

32.6%

-0.24%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

-2.8k

+0.04%

total assets

1.7k

-0.05%

cash

0

0%

net assets

Total assets minus all liabilities

recline world furniture limited company details

company number

07375985

Type

Private limited with Share Capital

industry

47530 - Retail sale of carpets, rugs, wall and floor coverings in specialised stores

47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores

incorporation date

September 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

44 hawksmoor drive, perton, wolverhampton, west midlands, WV6 7TE

Bank

-

Legal Advisor

-

recline world furniture 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 recline world furniture limited.

recline world furniture 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 RECLINE WORLD FURNITURE LIMITED. This can take several minutes, an email will notify you when this has completed.

recline world furniture limited Companies House Filings - See Documents

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