game ready rental ltd

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game ready rental ltd Company Information

Share GAME READY RENTAL LTD

Company Number

08013402

Shareholders

winback group sas

joanne sims

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Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

betchworth house, 57-65 station road, redhill, surrey, RH1 1DL

Website

-

game ready rental ltd Estimated Valuation

£836.4k

Pomanda estimates the enterprise value of GAME READY RENTAL LTD at £836.4k based on a Turnover of £983.6k and 0.85x industry multiple (adjusted for size and gross margin).

game ready rental ltd Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of GAME READY RENTAL LTD at £2.2m based on an EBITDA of £346.8k and a 6.22x industry multiple (adjusted for size and gross margin).

game ready rental ltd Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of GAME READY RENTAL LTD at £1.4m based on Net Assets of £646.9k and 2.13x industry multiple (adjusted for liquidity).

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Game Ready Rental Ltd Overview

Game Ready Rental Ltd is a live company located in redhill, RH1 1DL with a Companies House number of 08013402. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2012, it's largest shareholder is winback group sas with a 51% stake. Game Ready Rental Ltd is a established, small sized company, Pomanda has estimated its turnover at £983.6k with high growth in recent years.

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Game Ready Rental Ltd Health Check

Pomanda's financial health check has awarded Game Ready Rental Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £983.6k, make it smaller than the average company (£4.8m)

£983.6k - Game Ready Rental Ltd

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (6.7%)

28% - Game Ready Rental Ltd

6.7% - Industry AVG

production

Production

with a gross margin of 78.7%, this company has a lower cost of product (38.3%)

78.7% - Game Ready Rental Ltd

38.3% - Industry AVG

profitability

Profitability

an operating margin of 29.9% make it more profitable than the average company (5.7%)

29.9% - Game Ready Rental Ltd

5.7% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (27)

8 - Game Ready Rental Ltd

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)

£53.9k - Game Ready Rental Ltd

£53.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £123k, this is less efficient (£171.3k)

£123k - Game Ready Rental Ltd

£171.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Game Ready Rental Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (32 days)

2 days - Game Ready Rental Ltd

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 69 days, this is more than average (33 days)

69 days - Game Ready Rental Ltd

33 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 46 weeks, this is more cash available to meet short term requirements (22 weeks)

46 weeks - Game Ready Rental Ltd

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 47.4%, this is a lower level of debt than the average (62.5%)

47.4% - Game Ready Rental Ltd

62.5% - Industry AVG

GAME READY RENTAL LTD financials

EXPORTms excel logo

Game Ready Rental Ltd's latest turnover from December 2023 is £983.6 thousand and the company has net assets of £646.9 thousand. According to their latest financial statements, Game Ready Rental Ltd has 8 employees and maintains cash reserves of £422.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Turnover983,640539,478244,641435,851467,180969,502381,984410,361258,180153,734101,146316,558
Other Income Or Grants
Cost Of Sales209,739332,471151,721273,330289,510603,405236,833250,81630,8318,32864,472200,665
Gross Profit773,901207,00792,919162,521177,670366,097145,151159,545227,349145,40636,674115,893
Admin Expenses480,281259,581-134,917504-246,276153,241255,161186,058118,02182-41,54424,771
Operating Profit293,620-52,574227,836162,017423,946212,856-110,010-26,513109,328145,32478,21891,122
Interest Payable
Interest Receivable17,1274,0814813221,3556032603,21845592
Pre-Tax Profit324,169-35,447231,917162,498424,268214,211-109,407-26,253112,546145,32478,67391,213
Tax-87,592-44,064-30,875-80,611-40,700-16,228-26,850-18,095-21,891
Profit After Tax236,577-35,447187,853131,623343,657173,511-109,407-26,25396,318118,47460,57869,322
Dividends Paid294,118110,000
Retained Profit-57,541-35,447187,853131,623343,657173,511-109,407-26,253-13,682118,47460,57869,322
Employee Costs431,479359,283169,026160,890119,324115,750109,095106,63871,30571,00335,267104,414
Number Of Employees874433332213
EBITDA*346,787-47,978229,993198,382442,129270,297-84,822-13,949117,913152,36778,21891,122

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Tangible Assets438,254309,296292,892282,958319,323337,506121,822119,58784,15752,749
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets438,254309,296292,892282,958319,323337,506121,822119,58784,15752,749
Stock & work in progress40,0006,4004,65036,33794,35463,425
Trade Debtors50,000
Group Debtors
Misc Debtors329,080303,812342,3898,2785881,470113,793110,479103,100
Cash422,551408,534518,253570,139391,147252,834108,504132,84375,290106,744145,14536,653
misc current assets
total current assets791,631718,746865,292614,754486,089316,259109,974246,636185,769209,844145,14586,653
total assets1,229,8851,028,0421,158,184897,712805,412653,765231,796366,223269,926262,593145,14586,653
Bank overdraft
Bank loan
Trade Creditors 1,5244,3701,830266,09759,05473,35015,14517,330
Group/Directors Accounts357,630
other short term finances
hp & lease commitments
other current liabilities114,315241,955174,899104,110136,52469,64756,03857,24243,21722,202
total current liabilities473,469246,325176,729104,110136,524335,744115,092130,59243,21722,20215,14517,330
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions109,56477,32453,76253,76260,67153,46125,65535,175
total long term liabilities109,56477,32453,76253,76260,67153,46125,65535,175
total liabilities583,033323,649230,491157,872197,195389,205140,747165,76743,21722,20215,14517,330
net assets646,852704,393927,693739,840608,217264,56091,049200,456226,709240,391130,00069,323
total shareholders funds646,852704,393927,693739,840608,217264,56091,049200,456226,709240,391130,00069,323
Dec 2023Dec 2022Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Operating Activities
Operating Profit293,620-52,574227,836162,017423,946212,856-110,010-26,513109,328145,32478,21891,122
Depreciation53,1674,5962,15736,36518,18357,44125,18812,5648,5857,043
Amortisation
Tax-87,592-44,064-30,875-80,611-40,700-16,228-26,850-18,095-21,891
Stock33,600-29,937-31,687-58,01730,92963,425
Debtors25,268295,534334,1117,690588-1,470-112,3233,3147,379103,100-50,00050,000
Creditors-2,8464,3701,830-266,097207,043-14,29673,350-15,145-2,18517,330
Accruals and Deferred Income-127,640137,84570,789-32,41466,87713,609-1,20414,02521,01522,202
Deferred Taxes & Provisions32,24023,562-6,9097,21027,806-9,52035,175
Cash flow from operations102,081-147,798-43,876178,511137,991416,1002,481105,287115,32129,474107,93836,561
Investing Activities
capital expenditure-182,125-30,934-12,091-273,125-27,423-47,994-39,993-59,792
Change in Investments
cash flow from investments-182,125-30,934-12,091-273,125-27,423-47,994-39,993-59,792
Financing Activities
Bank loans
Group/Directors Accounts357,630
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-8,083991
interest17,1274,0814813221,3556032603,21845592
cash flow from financing357,63017,1274,0814813221,3556032603,218-8,08355493
cash and cash equivalents
cash14,017-161,605-51,886178,992138,313144,330-24,33957,553-31,454-38,401108,49236,653
overdraft
change in cash14,017-161,605-51,886178,992138,313144,330-24,33957,553-31,454-38,401108,49236,653

game ready rental ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Game Ready Rental Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for game ready rental ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in RH1 area or any other competitors across 12 key performance metrics.

game ready rental ltd Ownership

GAME READY RENTAL LTD group structure

Game Ready Rental Ltd has no subsidiary companies.

Ultimate parent company

GAME READY RENTAL LTD

08013402

GAME READY RENTAL LTD Shareholders

winback group sas 51%
joanne sims 25%
gregory maurice pearce 24%

game ready rental ltd directors

Game Ready Rental Ltd currently has 2 directors. The longest serving directors include Mr Pierre-Nicolas Lebas (Oct 2021) and Mr Gregory Pearce (Oct 2021).

officercountryagestartendrole
Mr Pierre-Nicolas LebasFrance44 years Oct 2021- Director
Mr Gregory PearceEngland55 years Oct 2021- Director

P&L

December 2023

turnover

983.6k

0%

operating profit

293.6k

0%

gross margin

78.7%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

646.9k

-0.08%

total assets

1.2m

+0.2%

cash

422.6k

+0.03%

net assets

Total assets minus all liabilities

game ready rental ltd company details

company number

08013402

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

March 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

TTCA LTD

address

betchworth house, 57-65 station road, redhill, surrey, RH1 1DL

Bank

-

Legal Advisor

-

game ready rental 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 game ready rental ltd.

game ready rental 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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game ready rental ltd Companies House Filings - See Documents

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