reenades ltd
reenades ltd Company Information
Group Structure
View All
Industry
Other human health activities
+2Registered Address
unit 4 stirling court yard, stirling way, borehamwood, herts, WD6 2FX
Website
-reenades ltd Estimated Valuation
Pomanda estimates the enterprise value of REENADES LTD at £1.4m based on a Turnover of £506.3k and 2.68x industry multiple (adjusted for size and gross margin).
reenades ltd Estimated Valuation
Pomanda estimates the enterprise value of REENADES LTD at £1.4m based on an EBITDA of £234.4k and a 5.93x industry multiple (adjusted for size and gross margin).
reenades ltd Estimated Valuation
Pomanda estimates the enterprise value of REENADES LTD at £704.6k based on Net Assets of £359.4k and 1.96x industry multiple (adjusted for liquidity).
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Reenades Ltd Overview
Reenades Ltd is a live company located in borehamwood, WD6 2FX with a Companies House number of 07771670. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in September 2011, it's largest shareholder is nelly sarieddine with a 100% stake. Reenades Ltd is a established, small sized company, Pomanda has estimated its turnover at £506.3k with high growth in recent years.
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Reenades Ltd Health Check
Pomanda's financial health check has awarded Reenades Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £506.3k, make it smaller than the average company (£1m)
- Reenades Ltd
£1m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (5.8%)
- Reenades Ltd
5.8% - Industry AVG
Production
with a gross margin of 58.8%, this company has a comparable cost of product (58.8%)
- Reenades Ltd
58.8% - Industry AVG
Profitability
an operating margin of 46.1% make it more profitable than the average company (16.2%)
- Reenades Ltd
16.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (9)
4 - Reenades Ltd
9 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Reenades Ltd
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £126.6k, this is equally as efficient (£126.6k)
- Reenades Ltd
£126.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Reenades Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Reenades Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reenades Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (53 weeks)
2 weeks - Reenades Ltd
53 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.8%, this is a higher level of debt than the average (53%)
87.8% - Reenades Ltd
53% - Industry AVG
REENADES LTD financials
Reenades Ltd's latest turnover from March 2024 is estimated at £506.3 thousand and the company has net assets of £359.4 thousand. According to their latest financial statements, Reenades Ltd has 4 employees and maintains cash reserves of £25 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 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 | 4 | 4 | 4 | 4 | 4 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,909,509 | 2,730,024 | 2,731,358 | 2,598,052 | 2,546,829 | 2,515,485 | 2,515,633 | 2,515,807 | 1,791,012 | 1,178,623 | 471,444 | ||
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 2,909,509 | 2,730,024 | 2,731,358 | 2,598,052 | 2,546,829 | 2,515,485 | 2,515,633 | 2,515,807 | 1,791,012 | 1,178,623 | 471,444 | ||
| Stock & work in progress | |||||||||||||
| Trade Debtors | 6,785 | 11,051 | 17,190 | 11,519 | 3,590 | 12,841 | 75,025 | 16,357 | 10,490 | ||||
| Group Debtors | |||||||||||||
| Misc Debtors | 19,586 | 16,240 | 16,240 | 3,090 | 628 | ||||||||
| Cash | 24,993 | 1,200,054 | 22,517 | 75,275 | 55,681 | 19,711 | 7,156 | 7,959 | 18,551 | 6,015 | 25,001 | 48,055 | 26,954 |
| misc current assets | |||||||||||||
| total current assets | 44,579 | 1,216,294 | 38,757 | 85,150 | 66,732 | 36,901 | 19,303 | 11,549 | 31,392 | 6,015 | 100,026 | 64,412 | 37,444 |
| total assets | 2,954,088 | 3,946,318 | 2,770,115 | 2,683,202 | 2,613,561 | 2,552,386 | 2,534,936 | 2,527,356 | 1,822,404 | 1,184,638 | 571,470 | 64,412 | 37,444 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 303,285 | 52,968 | 22,271 | 100,097 | 30,024 | 28,107 | |||||||
| Group/Directors Accounts | 22,948 | 18,711 | 16,240 | 3,090 | |||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 466,571 | 1,191,466 | 658,588 | 638,440 | 640,438 | 621,278 | 319,310 | 100,205 | |||||
| total current liabilities | 489,519 | 1,210,177 | 674,828 | 641,530 | 640,438 | 621,278 | 319,310 | 303,285 | 52,968 | 122,476 | 100,097 | 30,024 | 28,107 |
| loans | 2,105,151 | 2,386,266 | 1,854,877 | 1,875,331 | 1,848,831 | 1,887,084 | 2,197,947 | ||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 2,187,679 | 1,735,926 | 1,015,062 | 408,236 | |||||||||
| provisions | |||||||||||||
| total long term liabilities | 2,105,151 | 2,386,266 | 1,854,877 | 1,875,331 | 1,848,831 | 1,887,084 | 2,197,947 | 2,187,679 | 1,735,926 | 1,015,062 | 408,236 | ||
| total liabilities | 2,594,670 | 3,596,443 | 2,529,705 | 2,516,861 | 2,489,269 | 2,508,362 | 2,517,257 | 2,490,964 | 1,788,894 | 1,137,538 | 508,333 | 30,024 | 28,107 |
| net assets | 359,418 | 349,875 | 240,410 | 166,341 | 124,292 | 44,024 | 17,679 | 36,392 | 33,510 | 47,100 | 63,137 | 34,388 | 9,337 |
| total shareholders funds | 359,418 | 349,875 | 240,410 | 166,341 | 124,292 | 44,024 | 17,679 | 36,392 | 33,510 | 47,100 | 63,137 | 34,388 | 9,337 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 1,223 | 1,439 | 1,675 | 854 | 385 | 148 | 241 | ||||||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | 3,346 | 6,365 | -1,176 | -6,139 | 5,043 | 8,557 | -9,251 | 12,841 | -75,025 | 58,668 | 5,867 | 10,490 | |
| Creditors | -303,285 | 250,317 | 30,697 | -77,826 | 70,073 | 1,917 | 28,107 | ||||||
| Accruals and Deferred Income | -724,895 | 532,878 | 20,148 | -1,998 | 19,160 | 301,968 | 319,310 | -100,205 | 100,205 | ||||
| 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 | 4,237 | 2,471 | 13,150 | 3,090 | |||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | -281,115 | 531,389 | -20,454 | 26,500 | -38,253 | -310,863 | 2,197,947 | ||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -2,187,679 | 451,753 | 720,864 | 606,826 | 408,236 | ||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -1,175,061 | 1,177,537 | -52,758 | 19,594 | 35,970 | 12,555 | -803 | -10,592 | 12,536 | -18,986 | -23,054 | 21,101 | 26,954 |
| overdraft | |||||||||||||
| change in cash | -1,175,061 | 1,177,537 | -52,758 | 19,594 | 35,970 | 12,555 | -803 | -10,592 | 12,536 | -18,986 | -23,054 | 21,101 | 26,954 |
reenades ltd Credit Report and Business Information
Reenades Ltd Competitor Analysis
Perform a competitor analysis for reenades ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in WD6 area or any other competitors across 12 key performance metrics.
reenades ltd Ownership
REENADES LTD group structure
Reenades Ltd has no subsidiary companies.
Ultimate parent company
REENADES LTD
07771670
reenades ltd directors
Reenades Ltd currently has 1 director, Ms Nelly Sarieddine serving since Sep 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Nelly Sarieddine | United Kingdom | 55 years | Sep 2011 | - | Director |
P&L
March 2024turnover
506.3k
+5%
operating profit
233.2k
0%
gross margin
58.9%
+0.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
359.4k
+0.03%
total assets
3m
-0.25%
cash
25k
-0.98%
net assets
Total assets minus all liabilities
reenades ltd company details
company number
07771670
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
86900 - Other human health activities
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
September 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit 4 stirling court yard, stirling way, borehamwood, herts, WD6 2FX
Bank
-
Legal Advisor
-
reenades 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 7 charges/mortgages relating to reenades ltd. Currently there are 4 open charges and 3 have been satisfied in the past.
reenades 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 REENADES LTD. This can take several minutes, an email will notify you when this has completed.
reenades ltd Companies House Filings - See Documents
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