redi 206 limited
redi 206 limited Company Information
Group Structure
View All
Industry
Manufacture of kitchen furniture
Registered Address
c/o oakdene consultants limited, 14 grenham road, kent, CT7 9JH
Website
-redi 206 limited Estimated Valuation
Pomanda estimates the enterprise value of REDI 206 LIMITED at £22.7k based on a Turnover of £76.2k and 0.3x industry multiple (adjusted for size and gross margin).
redi 206 limited Estimated Valuation
Pomanda estimates the enterprise value of REDI 206 LIMITED at £0 based on an EBITDA of £-3.3k and a 2.85x industry multiple (adjusted for size and gross margin).
redi 206 limited Estimated Valuation
Pomanda estimates the enterprise value of REDI 206 LIMITED at £0 based on Net Assets of £-54.8k and 1.79x industry multiple (adjusted for liquidity).
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Redi 206 Limited Overview
Redi 206 Limited is a live company located in kent, CT7 9JH with a Companies House number of 07822262. It operates in the manufacture of kitchen furniture sector, SIC Code 31020. Founded in October 2011, it's largest shareholder is james sweett with a 100% stake. Redi 206 Limited is a established, micro sized company, Pomanda has estimated its turnover at £76.2k with healthy growth in recent years.
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Redi 206 Limited Health Check
Pomanda's financial health check has awarded Redi 206 Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
7 Weak
Size
annual sales of £76.2k, make it smaller than the average company (£11.2m)
£76.2k - Redi 206 Limited
£11.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (7.6%)
15% - Redi 206 Limited
7.6% - Industry AVG
Production
with a gross margin of 24.1%, this company has a higher cost of product (32.3%)
24.1% - Redi 206 Limited
32.3% - Industry AVG
Profitability
an operating margin of -11.3% make it less profitable than the average company (4.7%)
-11.3% - Redi 206 Limited
4.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (74)
3 - Redi 206 Limited
74 - Industry AVG
Pay Structure
on an average salary of £12.8k, the company has a lower pay structure (£32.1k)
£12.8k - Redi 206 Limited
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £25.4k, this is less efficient (£140.8k)
£25.4k - Redi 206 Limited
£140.8k - Industry AVG
Debtor Days
it gets paid by customers after 652 days, this is later than average (41 days)
652 days - Redi 206 Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 741 days, this is slower than average (46 days)
741 days - Redi 206 Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Redi 206 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Redi 206 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 138.7%, this is a higher level of debt than the average (65.8%)
138.7% - Redi 206 Limited
65.8% - Industry AVG
REDI 206 LIMITED financials
Redi 206 Limited's latest turnover from October 2023 is £76.2 thousand and the company has net assets of -£54.8 thousand. According to their latest financial statements, Redi 206 Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 76,185 | 72,450 | 20,310 | 50,178 | 67,245 | 61,989 | 85,113 | 154,183 | 116,316 | 99,426 | 61,135 | |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 2,446 | 17,142 | ||||||||||
| Gross Profit | 67,245 | 96,980 | 43,993 | |||||||||
| Admin Expenses | 72,408 | 45,917 | 74,337 | |||||||||
| Operating Profit | -5,163 | 51,063 | -30,344 | |||||||||
| Interest Payable | 27,903 | 63 | ||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | -8,616 | -11,798 | -7,341 | -31,496 | -5,163 | 13 | -3,806 | 11,953 | 6,062 | 23,160 | -30,407 | |
| Tax | -2,213 | |||||||||||
| Profit After Tax | -8,616 | -11,798 | -7,341 | -31,496 | -5,163 | 13 | -3,806 | 9,740 | 6,062 | 23,160 | -30,407 | |
| Dividends Paid | ||||||||||||
| Retained Profit | -8,616 | -11,798 | -7,341 | -31,496 | -5,163 | 13 | -3,806 | 9,740 | 6,062 | 23,160 | -30,407 | |
| Employee Costs | 38,250 | 37,500 | 19,956 | 29,128 | 6,417 | 44,040 | 42,930 | |||||
| Number Of Employees | 3 | 3 | 3 | 3 | ||||||||
| EBITDA* | -4,788 | 51,063 | -30,344 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,322 | 10,644 | 15,965 | 21,287 | 26,609 | 375 | 750 | 1,125 | ||||
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 5,322 | 10,644 | 15,965 | 21,287 | 26,609 | 375 | 750 | 1,125 | ||||
| Stock & work in progress | ||||||||||||
| Trade Debtors | 136,226 | 128,616 | 128,068 | 157,568 | 156,568 | 141,012 | 143,931 | 122,188 | 23,723 | 17,223 | ||
| Group Debtors | ||||||||||||
| Misc Debtors | 157,568 | 95,302 | 94,155 | |||||||||
| Cash | 3,747 | 1,120 | ||||||||||
| misc current assets | ||||||||||||
| total current assets | 136,226 | 128,616 | 128,068 | 157,568 | 161,315 | 156,568 | 141,012 | 143,931 | 122,188 | 120,145 | 111,378 | |
| total assets | 141,548 | 139,260 | 144,033 | 178,855 | 187,924 | 156,943 | 141,762 | 145,056 | 122,188 | 120,145 | 111,378 | |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 117,403 | 106,811 | 100,547 | 122,303 | 1,985 | 65,022 | 63,404 | 72,668 | 66,909 | 45,945 | 37,682 | |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | 30,860 | |||||||||||
| other current liabilities | 67,814 | 3,710 | ||||||||||
| total current liabilities | 117,403 | 106,811 | 100,547 | 122,303 | 100,659 | 65,022 | 63,404 | 72,668 | 66,909 | 49,655 | 37,682 | |
| loans | 2,743 | |||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 78,951 | 78,951 | 78,941 | 86,237 | 85,454 | 84,947 | 71,396 | 63,832 | 56,464 | 77,736 | 101,359 | |
| provisions | ||||||||||||
| total long term liabilities | 78,951 | 78,951 | 78,941 | 86,237 | 85,454 | 84,947 | 71,396 | 63,832 | 56,464 | 77,736 | 104,102 | |
| total liabilities | 196,354 | 185,762 | 179,488 | 208,540 | 186,113 | 149,969 | 134,800 | 136,500 | 123,373 | 127,391 | 141,784 | |
| net assets | -54,806 | -46,502 | -35,455 | -29,685 | 1,811 | 6,974 | 6,962 | 8,556 | -1,185 | -7,246 | -30,406 | |
| total shareholders funds | -54,806 | -46,502 | -35,455 | -29,685 | 1,811 | 6,974 | 6,962 | 8,556 | -1,185 | -7,246 | -30,406 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -5,163 | 51,063 | -30,344 | |||||||||
| Depreciation | 5,322 | 5,322 | 5,322 | 5,322 | 375 | 375 | 375 | |||||
| Amortisation | ||||||||||||
| Tax | -2,213 | |||||||||||
| Stock | ||||||||||||
| Debtors | 7,610 | 548 | -29,500 | 1,000 | 15,556 | -2,919 | 21,743 | 3,163 | 7,647 | 111,378 | ||
| Creditors | 10,592 | 6,264 | -21,756 | 120,318 | -63,037 | 1,618 | -9,264 | 5,759 | 20,964 | 8,263 | 37,682 | |
| Accruals and Deferred Income | -67,814 | 67,814 | -3,710 | 3,710 | ||||||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | -1,011 | 55,389 | -104,040 | |||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -2,743 | 2,743 | ||||||||||
| Hire Purchase and Lease Commitments | -30,860 | 30,860 | ||||||||||
| other long term liabilities | 10 | -7,296 | 783 | 507 | 13,551 | 7,564 | 7,368 | -21,272 | -23,623 | 101,359 | ||
| share issue | ||||||||||||
| interest | -27,903 | -63 | ||||||||||
| cash flow from financing | 312 | 761 | -5,725 | -30,077 | 31,367 | 13,550 | 9,776 | 7,369 | -21,273 | -54,269 | 104,040 | |
| cash and cash equivalents | ||||||||||||
| cash | -3,747 | 3,747 | -1,120 | 1,120 | ||||||||
| overdraft | ||||||||||||
| change in cash | -3,747 | 3,747 | -1,120 | 1,120 |
redi 206 limited Credit Report and Business Information
Redi 206 Limited Competitor Analysis
Perform a competitor analysis for redi 206 limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in CT7 area or any other competitors across 12 key performance metrics.
redi 206 limited Ownership
REDI 206 LIMITED group structure
Redi 206 Limited has no subsidiary companies.
Ultimate parent company
REDI 206 LIMITED
07822262
redi 206 limited directors
Redi 206 Limited currently has 1 director, Mrs Tina Sweett serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Tina Sweett | 65 years | May 2015 | - | Director |
P&L
October 2023turnover
76.2k
+5%
operating profit
-8.6k
0%
gross margin
24.2%
+0.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-54.8k
+0.18%
total assets
141.5k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
redi 206 limited company details
company number
07822262
Type
Private limited with Share Capital
industry
31020 - Manufacture of kitchen furniture
incorporation date
October 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
c/o oakdene consultants limited, 14 grenham road, kent, CT7 9JH
Bank
-
Legal Advisor
-
redi 206 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 redi 206 limited.
redi 206 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 REDI 206 LIMITED. This can take several minutes, an email will notify you when this has completed.
redi 206 limited Companies House Filings - See Documents
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