redridge homes ltd
redridge homes ltd Company Information
Company Number
07989563
Website
redridge.uk.comRegistered Address
unit 3, horizon business village, 1 brooklands road, weybridge, KT13 0TJ
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01932871066
Next Accounts Due
December 2024
Group Structure
View All
Directors
Simon Redington12 Years
Shareholders
simon redington 100%
redridge homes ltd Estimated Valuation
Pomanda estimates the enterprise value of REDRIDGE HOMES LTD at £531.2k based on a Turnover of £168.7k and 3.15x industry multiple (adjusted for size and gross margin).
redridge homes ltd Estimated Valuation
Pomanda estimates the enterprise value of REDRIDGE HOMES LTD at £356.1k based on an EBITDA of £49.5k and a 7.2x industry multiple (adjusted for size and gross margin).
redridge homes ltd Estimated Valuation
Pomanda estimates the enterprise value of REDRIDGE HOMES LTD at £454.6k based on Net Assets of £280.6k and 1.62x industry multiple (adjusted for liquidity).
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Redridge Homes Ltd Overview
Redridge Homes Ltd is a live company located in weybridge, KT13 0TJ with a Companies House number of 07989563. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2012, it's largest shareholder is simon redington with a 100% stake. Redridge Homes Ltd is a established, micro sized company, Pomanda has estimated its turnover at £168.7k with declining growth in recent years.
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Redridge Homes Ltd Health Check
Pomanda's financial health check has awarded Redridge Homes Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £168.7k, make it smaller than the average company (£797.6k)
- Redridge Homes Ltd
£797.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (1.9%)
- Redridge Homes Ltd
1.9% - Industry AVG
Production
with a gross margin of 75.4%, this company has a comparable cost of product (75.4%)
- Redridge Homes Ltd
75.4% - Industry AVG
Profitability
an operating margin of 29.3% make it less profitable than the average company (36.9%)
- Redridge Homes Ltd
36.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Redridge Homes Ltd
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Redridge Homes Ltd
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £168.7k, this is equally as efficient (£168.7k)
- Redridge Homes Ltd
£168.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Redridge Homes Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Redridge Homes Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Redridge Homes Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Redridge Homes Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.2%, this is a lower level of debt than the average (63.2%)
53.2% - Redridge Homes Ltd
63.2% - Industry AVG
REDRIDGE HOMES LTD financials
Redridge Homes Ltd's latest turnover from March 2023 is estimated at £168.7 thousand and the company has net assets of £280.6 thousand. According to their latest financial statements, Redridge Homes Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 600,000 | 600,000 | 500,000 | 500,000 | 475,000 | 373,039 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 600,000 | 600,000 | 600,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | 500,000 | 500,000 | 475,000 | 373,039 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 32,800 | 20,300 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 6,600 | 6,600 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 4,935 | 1,206 | 808 | 3,223 | 17,672 | 17,632 | 580 | 10,573 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 4,935 | 1,206 | 33,608 | 30,123 | 24,272 | 17,632 | 580 | 10,573 | 0 | 0 |
| total assets | 600,000 | 604,935 | 601,206 | 633,608 | 630,123 | 524,272 | 517,632 | 475,580 | 383,612 | 0 | 0 |
| Bank overdraft | 75 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 22,000 | 22,000 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 901 | 0 | 0 | 126,263 | 130,935 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 124,979 | 125,769 | 114,936 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,706 | 7,728 | 8,403 | 162,000 | 154,788 | 148,719 | 142,896 | 0 | 0 | 0 | 0 |
| total current liabilities | 154,760 | 155,497 | 135,339 | 162,000 | 155,689 | 148,719 | 142,896 | 126,263 | 130,935 | 0 | 0 |
| loans | 111,000 | 133,000 | 155,000 | 175,999 | 191,000 | 203,000 | 215,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 227,000 | 239,000 | 0 | 0 |
| provisions | 53,609 | 34,594 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 164,609 | 167,594 | 155,000 | 175,999 | 191,000 | 203,000 | 215,000 | 227,000 | 239,000 | 0 | 0 |
| total liabilities | 319,369 | 323,091 | 290,339 | 337,999 | 346,689 | 351,719 | 357,896 | 353,263 | 369,935 | 0 | 0 |
| net assets | 280,631 | 281,844 | 310,867 | 295,609 | 283,434 | 172,553 | 159,736 | 122,317 | 13,677 | 0 | 0 |
| total shareholders funds | 280,631 | 281,844 | 310,867 | 295,609 | 283,434 | 172,553 | 159,736 | 122,317 | 13,677 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -32,800 | 5,900 | 20,300 | 6,600 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | -901 | 901 | 0 | -126,263 | -4,672 | 130,935 | 0 | 0 |
| Accruals and Deferred Income | -22 | -675 | -153,597 | 7,212 | 6,069 | 5,823 | 142,896 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 19,015 | 34,594 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 600,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 10,000 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -790 | 10,833 | 114,936 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -22,000 | -22,000 | -20,999 | -15,001 | -12,000 | -12,000 | 215,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -227,000 | -12,000 | 239,000 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -4,935 | 3,729 | 398 | -2,415 | -14,449 | 40 | 17,052 | -9,993 | 10,573 | 0 | 0 |
| overdraft | 75 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -5,010 | 3,729 | 398 | -2,415 | -14,449 | 40 | 17,052 | -9,993 | 10,573 | 0 | 0 |
redridge homes ltd Credit Report and Business Information
Redridge Homes Ltd Competitor Analysis
Perform a competitor analysis for redridge homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in KT13 area or any other competitors across 12 key performance metrics.
redridge homes ltd Ownership
REDRIDGE HOMES LTD group structure
Redridge Homes Ltd has no subsidiary companies.
Ultimate parent company
REDRIDGE HOMES LTD
07989563
redridge homes ltd directors
Redridge Homes Ltd currently has 1 director, Mr Simon Redington serving since Mar 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Redington | England | 52 years | Mar 2012 | - | Director |
P&L
March 2023turnover
168.7k
+17%
operating profit
49.5k
0%
gross margin
75.5%
+1.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
280.6k
0%
total assets
600k
-0.01%
cash
0
-1%
net assets
Total assets minus all liabilities
redridge homes ltd company details
company number
07989563
Type
Private limited with Share Capital
industry
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
March 2012
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
unit 3, horizon business village, 1 brooklands road, weybridge, KT13 0TJ
Bank
-
Legal Advisor
-
redridge homes 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 redridge homes ltd.
redridge homes ltd Companies House Filings - See Documents
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