radiance property services limited
radiance property services limited Company Information
Company Number
07624249
Website
www.radianceservices.comRegistered Address
salisbury house, finsbury circus, london, EC2M 5AQ
Industry
General cleaning of buildings
Telephone
02034054946
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
niamh o'sullivan 100%
radiance property services limited Estimated Valuation
Pomanda estimates the enterprise value of RADIANCE PROPERTY SERVICES LIMITED at £502.4k based on a Turnover of £1.6m and 0.31x industry multiple (adjusted for size and gross margin).
radiance property services limited Estimated Valuation
Pomanda estimates the enterprise value of RADIANCE PROPERTY SERVICES LIMITED at £558.4k based on an EBITDA of £194.2k and a 2.88x industry multiple (adjusted for size and gross margin).
radiance property services limited Estimated Valuation
Pomanda estimates the enterprise value of RADIANCE PROPERTY SERVICES LIMITED at £1.6m based on Net Assets of £645.7k and 2.48x industry multiple (adjusted for liquidity).
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Radiance Property Services Limited Overview
Radiance Property Services Limited is a live company located in london, EC2M 5AQ with a Companies House number of 07624249. It operates in the general cleaning of buildings sector, SIC Code 81210. Founded in May 2011, it's largest shareholder is niamh o'sullivan with a 100% stake. Radiance Property Services Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with rapid growth in recent years.
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Radiance Property Services Limited Health Check
Pomanda's financial health check has awarded Radiance Property Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 0 areas for improvement. Company Health Check FAQs
7 Strong
4 Regular
0 Weak
Size
annual sales of £1.6m, make it larger than the average company (£142k)
- Radiance Property Services Limited
£142k - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (5.2%)
- Radiance Property Services Limited
5.2% - Industry AVG
Production
with a gross margin of 24.3%, this company has a comparable cost of product (24.3%)
- Radiance Property Services Limited
24.3% - Industry AVG
Profitability
an operating margin of 11.9% make it more profitable than the average company (3.7%)
- Radiance Property Services Limited
3.7% - Industry AVG
Employees
with 70 employees, this is above the industry average (11)
70 - Radiance Property Services Limited
11 - Industry AVG
Pay Structure
on an average salary of £12.5k, the company has an equivalent pay structure (£12.5k)
- Radiance Property Services Limited
£12.5k - Industry AVG
Efficiency
resulting in sales per employee of £23.2k, this is equally as efficient (£22.7k)
- Radiance Property Services Limited
£22.7k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (45 days)
- Radiance Property Services Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is slower than average (13 days)
- Radiance Property Services Limited
13 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Radiance Property Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 150 weeks, this is more cash available to meet short term requirements (19 weeks)
150 weeks - Radiance Property Services Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24%, this is a lower level of debt than the average (69.1%)
24% - Radiance Property Services Limited
69.1% - Industry AVG
RADIANCE PROPERTY SERVICES LIMITED financials
Radiance Property Services Limited's latest turnover from May 2023 is estimated at £1.6 million and the company has net assets of £645.7 thousand. According to their latest financial statements, Radiance Property Services Limited has 70 employees and maintains cash reserves of £589.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 70 | 5 | 5 | 3 | 3 | 3 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,561 | 2,082 | 781 | 566 | 707 | 884 | 1,105 | 1,381 | 1,726 | 2,157 | 2,696 | 3,370 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,561 | 2,082 | 781 | 566 | 707 | 884 | 1,105 | 1,381 | 1,726 | 2,157 | 2,696 | 3,370 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 241,551 | 208,846 | 174,076 | 104,199 | 232,673 | 216,162 | 206,681 | 128,169 | 128,556 | 7,713 | 15,103 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 17,035 | 16,384 | 8,655 | 10 | 21,471 | 8,928 | 18,144 | 9,242 | 0 | 0 | 0 | 0 |
| Cash | 589,861 | 437,493 | 523,473 | 371,946 | 209,480 | 103,974 | 111,387 | 20,493 | 36,582 | 4,067 | 846 | 7,737 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 848,447 | 662,723 | 706,204 | 476,155 | 463,624 | 329,064 | 336,212 | 157,904 | 165,138 | 11,780 | 15,949 | 7,737 |
| total assets | 850,008 | 664,805 | 706,985 | 476,721 | 464,331 | 329,948 | 337,317 | 159,285 | 166,864 | 13,937 | 18,645 | 11,107 |
| Bank overdraft | 0 | 0 | 150,000 | 146,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 50,137 | 46,331 | 45,786 | 14,829 | 41,836 | 28,534 | 15,506 | 22,887 | 111,177 | 8,786 | 18,453 | 10,835 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 154,208 | 135,405 | 170,792 | 166,923 | 175,170 | 122,412 | 141,168 | 97,428 | 0 | 0 | 0 | 0 |
| total current liabilities | 204,345 | 181,736 | 366,578 | 328,419 | 217,006 | 150,946 | 156,674 | 120,315 | 111,177 | 8,786 | 18,453 | 10,835 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 204,345 | 181,736 | 366,578 | 328,419 | 217,006 | 150,946 | 156,674 | 120,315 | 111,177 | 8,786 | 18,453 | 10,835 |
| net assets | 645,663 | 483,069 | 340,407 | 148,302 | 247,325 | 179,002 | 180,643 | 38,970 | 55,687 | 5,151 | 192 | 272 |
| total shareholders funds | 645,663 | 483,069 | 340,407 | 148,302 | 247,325 | 179,002 | 180,643 | 38,970 | 55,687 | 5,151 | 192 | 272 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 521 | 694 | 0 | 141 | 177 | 221 | 276 | 345 | 431 | 539 | 674 | 843 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 33,356 | 42,499 | 78,522 | -149,935 | 29,054 | 265 | 87,414 | 8,855 | 120,843 | -7,390 | 15,103 | 0 |
| Creditors | 3,806 | 545 | 30,957 | -27,007 | 13,302 | 13,028 | -7,381 | -88,290 | 102,391 | -9,667 | 7,618 | 10,835 |
| Accruals and Deferred Income | 18,803 | -35,387 | 3,869 | -8,247 | 52,758 | -18,756 | 43,740 | 97,428 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 152,368 | -85,980 | 151,527 | 162,466 | 105,506 | -7,413 | 90,894 | -16,089 | 32,515 | 3,221 | -6,891 | 7,737 |
| overdraft | 0 | -150,000 | 3,333 | 146,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 152,368 | 64,020 | 148,194 | 15,799 | 105,506 | -7,413 | 90,894 | -16,089 | 32,515 | 3,221 | -6,891 | 7,737 |
radiance property services limited Credit Report and Business Information
Radiance Property Services Limited Competitor Analysis
Perform a competitor analysis for radiance property services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC2M area or any other competitors across 12 key performance metrics.
radiance property services limited Ownership
RADIANCE PROPERTY SERVICES LIMITED group structure
Radiance Property Services Limited has no subsidiary companies.
Ultimate parent company
RADIANCE PROPERTY SERVICES LIMITED
07624249
radiance property services limited directors
Radiance Property Services Limited currently has 2 directors. The longest serving directors include Ms Niamh O'Sullivan (May 2011) and Macdara Molloy (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Niamh O'Sullivan | United Kingdom | 46 years | May 2011 | - | Director |
| Macdara Molloy | United Kingdom | 45 years | Nov 2023 | - | Director |
P&L
May 2023turnover
1.6m
+48%
operating profit
193.7k
0%
gross margin
24.3%
+7.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
645.7k
+0.34%
total assets
850k
+0.28%
cash
589.9k
+0.35%
net assets
Total assets minus all liabilities
radiance property services limited company details
company number
07624249
Type
Private limited with Share Capital
industry
81210 - General cleaning of buildings
incorporation date
May 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
salisbury house, finsbury circus, london, EC2M 5AQ
Bank
-
Legal Advisor
-
radiance property services 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 radiance property services limited.
radiance property services limited Companies House Filings - See Documents
| date | description | view/download |
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