Pomanda estimates the enterprise value of RIVER LETTINGS LTD at £123.2k based on a Turnover of £79.1k and 1.56x industry multiple (adjusted for size and gross margin).
river lettings ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RIVER LETTINGS LTD at £0 based on an EBITDA of £-24.8k and a 4.1x industry multiple (adjusted for size and gross margin).
river lettings ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RIVER LETTINGS LTD at £0 based on Net Assets of £-71.8k and 1.82x industry multiple (adjusted for liquidity).
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River Lettings LtdOverview
River Lettings Ltd is a live company located in london, WC2H 9JQ with a Companies House number of 07768259. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in September 2011, it's largest shareholder is
mark james arme
with a 100% stake. River Lettings Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£79.1k with
rapid
growth in recent years.
Pomanda's financial health check has awarded River Lettings Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £79.1k, make it smaller than the average company (£363.1k)
£79.1k - River Lettings Ltd
£363.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (4.5%)
31% - River Lettings Ltd
4.5% - Industry AVG
Production
with a gross margin of 15.4%, this company has a higher cost of product (68.7%)
15.4% - River Lettings Ltd
68.7% - Industry AVG
Profitability
an operating margin of -31.3% make it less profitable than the average company (6.6%)
-31.3% - River Lettings Ltd
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
3 - River Lettings Ltd
7 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)
£42.6k - River Lettings Ltd
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £26.4k, this is less efficient (£103.6k)
£26.4k - River Lettings Ltd
£103.6k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (50 days)
26 days - River Lettings Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 423 days, this is slower than average (30 days)
423 days - River Lettings Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - River Lettings Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - River Lettings Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1326.2%, this is a higher level of debt than the average (57.2%)
1326.2% - River Lettings Ltd
57.2% - Industry AVG
RIVER LETTINGS LTD financials
EXPORT
River Lettings Ltd's latest turnover from December 2023 is estimated at £79.1 thousand and the company has net assets of -£71.8 thousand. According to their latest financial statements, River Lettings Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Turnover
79,108
65,845
32,368
35,058
34,650
86,744
104,683
112,045
57,736
74,820
80,872
11,110
Other Income Or Grants
Cost Of Sales
66,914
54,809
27,810
30,260
29,155
72,915
85,353
93,321
50,859
67,714
73,305
10,083
Gross Profit
12,194
11,036
4,558
4,798
5,496
13,829
19,329
18,724
6,877
7,106
7,567
1,027
Admin Expenses
36,971
23,059
5,043
6,740
24,289
27,573
24,113
14,563
6,358
7,152
-503
6,294
Operating Profit
-24,777
-12,023
-485
-1,942
-18,793
-13,744
-4,784
4,161
519
-46
8,070
-5,267
Interest Payable
Interest Receivable
14
36
31
26
4
Pre-Tax Profit
-24,777
-12,023
-485
-1,942
-18,793
-13,744
-4,784
4,175
555
-15
8,096
-5,263
Tax
-835
-111
-1,862
Profit After Tax
-24,777
-12,023
-485
-1,942
-18,793
-13,744
-4,784
3,340
444
-15
6,234
-5,263
Dividends Paid
Retained Profit
-24,777
-12,023
-485
-1,942
-18,793
-13,744
-4,784
3,340
444
-15
6,234
-5,263
Employee Costs
127,725
126,973
38,250
36,493
36,288
138,991
194,587
195,630
36,154
33,750
33,788
34,179
Number Of Employees
3
3
1
1
1
4
6
6
1
1
1
1
EBITDA*
-24,777
-12,023
-485
-1,942
-18,793
-13,744
-4,784
4,161
5,078
3,984
10,806
-5,046
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Tangible Assets
40
8,783
7,219
3,150
1,639
1,345
2,641
4,605
4,998
5,749
2,912
661
Intangible Assets
3,385
5,077
6,769
Investments & Other
1
Debtors (Due After 1 year)
Total Fixed Assets
40
8,783
7,219
3,150
1,639
1,345
2,641
4,606
8,383
10,826
9,681
661
Stock & work in progress
Trade Debtors
5,816
8,444
6,127
9,890
9,126
22,148
25,042
20,430
10,368
14,988
14,963
254
Group Debtors
Misc Debtors
96
Cash
10,922
3,565
8,680
1,688
misc current assets
3,184
5,859
5,626
total current assets
5,816
8,444
6,127
9,890
9,222
25,332
30,901
26,056
21,290
18,553
23,643
1,942
total assets
5,856
17,227
13,346
13,040
10,861
26,677
33,542
30,662
29,673
29,379
33,324
2,603
Bank overdraft
Bank loan
Trade Creditors
77,664
55,455
36,611
33,207
42,122
39,205
32,386
24,772
27,173
27,173
31,671
7,766
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
77,664
55,455
36,611
33,207
42,122
39,205
32,386
24,772
27,173
27,173
31,671
7,766
loans
hp & lease commitments
Accruals and Deferred Income
1,450
1,400
1,400
1,320
1,260
1,200
1,150
other liabilities
7,353
10,343
12,956
provisions
1,000
1,150
582
total long term liabilities
8,803
11,743
14,356
1,320
1,260
1,200
1,150
1,000
1,150
582
total liabilities
77,664
64,258
48,354
47,563
43,442
40,465
33,586
25,922
28,173
28,323
32,253
7,766
net assets
-71,808
-47,031
-35,008
-34,523
-32,581
-13,788
-44
4,740
1,500
1,056
1,071
-5,163
total shareholders funds
-71,808
-47,031
-35,008
-34,523
-32,581
-13,788
-44
4,740
1,500
1,056
1,071
-5,163
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Operating Activities
Operating Profit
-24,777
-12,023
-485
-1,942
-18,793
-13,744
-4,784
4,161
519
-46
8,070
-5,267
Depreciation
2,867
2,338
1,044
221
Amortisation
1,692
1,692
1,692
Tax
-835
-111
-1,862
Stock
Debtors
-2,628
2,317
-3,763
668
-12,926
-2,894
4,612
10,062
-4,620
25
14,709
254
Creditors
22,209
18,844
3,404
-8,915
2,917
6,819
7,614
-2,401
-4,498
23,905
7,766
Accruals and Deferred Income
-1,450
50
80
60
60
50
1,150
Deferred Taxes & Provisions
-1,000
-150
568
582
Cash flow from operations
-1,390
4,554
6,682
-11,445
-2,890
-3,971
-1,732
-8,987
9,437
29
18,722
2,466
Investing Activities
capital expenditure
8,743
-1,564
-4,069
-1,511
-294
1,296
1,964
3,778
-2,116
-5,175
-11,756
-882
Change in Investments
-1
1
cash flow from investments
8,743
-1,564
-4,069
-1,511
-294
1,296
1,965
3,777
-2,116
-5,175
-11,756
-882
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-7,353
-2,990
-2,613
12,956
share issue
-100
100
interest
14
36
31
26
4
cash flow from financing
-7,353
-2,990
-2,613
12,956
-86
36
31
26
104
cash and cash equivalents
cash
-10,922
7,357
-5,115
6,992
1,688
overdraft
change in cash
-10,922
7,357
-5,115
6,992
1,688
river lettings ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for river lettings ltd. Get real-time insights into river lettings ltd's credit score, group structure and payment trends.
Perform a competitor analysis for river lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
river lettings ltd Ownership
RIVER LETTINGS LTD group structure
River Lettings Ltd has no subsidiary companies.
Ultimate parent company
RIVER LETTINGS LTD
07768259
RIVER LETTINGS LTD Shareholders
The sole shareholder of River Lettings Ltd is Mark James Arme.
mark james arme
100%
river lettings ltd directors
River Lettings Ltd currently has 1 director, Mr Mark Arme serving since Sep 2011.
68320 - Management of real estate on a fee or contract basis
incorporation date
September 2011
age
14
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
river sales & lettings ltd (August 2016)
river lettings ltd (January 2016)
accountant
-
auditor
-
address
71-75 shelton street, london, WC2H 9JQ
Bank
-
Legal Advisor
-
river lettings 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 did not find charges/mortgages relating to river lettings ltd.
river lettings 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.
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river lettings ltdCompanies House Filings - See Documents
