ready steady limited
ready steady limited Company Information
Group Structure
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Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered Address
19 victoria terrace, hove, east sussex, BN3 2WB
Website
www.readysteadystore.comready steady limited Estimated Valuation
Pomanda estimates the enterprise value of READY STEADY LIMITED at £58.4k based on a Turnover of £200k and 0.29x industry multiple (adjusted for size and gross margin).
ready steady limited Estimated Valuation
Pomanda estimates the enterprise value of READY STEADY LIMITED at £0 based on an EBITDA of £-473 and a 3.17x industry multiple (adjusted for size and gross margin).
ready steady limited Estimated Valuation
Pomanda estimates the enterprise value of READY STEADY LIMITED at £0 based on Net Assets of £-6k and 2.61x industry multiple (adjusted for liquidity).
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Ready Steady Limited Overview
Ready Steady Limited is a live company located in east sussex, BN3 2WB with a Companies House number of 08089018. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in May 2012, it's largest shareholder is ramis kirlos with a 100% stake. Ready Steady Limited is a established, micro sized company, Pomanda has estimated its turnover at £200k with high growth in recent years.
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Ready Steady Limited Health Check
Pomanda's financial health check has awarded Ready Steady Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £200k, make it smaller than the average company (£2m)
- Ready Steady Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (4.1%)
- Ready Steady Limited
4.1% - Industry AVG
Production
with a gross margin of 17.2%, this company has a higher cost of product (23.2%)
- Ready Steady Limited
23.2% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (3.8%)
- Ready Steady Limited
3.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (25)
2 - Ready Steady Limited
25 - Industry AVG
Pay Structure
on an average salary of £16.5k, the company has an equivalent pay structure (£16.5k)
- Ready Steady Limited
£16.5k - Industry AVG
Efficiency
resulting in sales per employee of £100k, this is less efficient (£120.7k)
- Ready Steady Limited
£120.7k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (5 days)
- Ready Steady Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (30 days)
- Ready Steady Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ready Steady Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ready Steady Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 121.5%, this is a higher level of debt than the average (65.1%)
121.5% - Ready Steady Limited
65.1% - Industry AVG
READY STEADY LIMITED financials
Ready Steady Limited's latest turnover from May 2022 is estimated at £200 thousand and the company has net assets of -£6 thousand. According to their latest financial statements, Ready Steady Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 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 | 2 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 39,484 | 26,000 | 19,000 | 20,000 | 25,000 | 0 | 17,613 | 0 |
| Trade Debtors | 27,826 | 42,570 | 0 | 0 | 0 | 0 | 0 | 19,690 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 20,127 | 8,609 | 500 | 5,263 | 2,221 | 0 | 1,620 | 464 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 27,826 | 42,570 | 59,611 | 34,609 | 19,500 | 25,263 | 27,221 | 19,690 | 19,233 | 464 |
| total assets | 27,826 | 42,570 | 59,611 | 34,609 | 19,500 | 25,263 | 27,221 | 19,690 | 19,233 | 464 |
| Bank overdraft | 0 | 0 | 0 | 0 | 5,855 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 33,794 | 48,065 | 341 | 671 | 2,021 | 6,776 | 13,499 | 14,787 | 14,787 | 174 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 46,601 | 31,900 | 11,485 | 23,544 | 13,469 | 0 | 0 | 0 |
| total current liabilities | 33,794 | 48,065 | 46,942 | 32,571 | 19,361 | 30,320 | 26,968 | 14,787 | 14,787 | 174 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,218 | 4,131 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,218 | 4,131 | 0 |
| total liabilities | 33,794 | 48,065 | 46,942 | 32,571 | 19,361 | 30,320 | 26,968 | 19,005 | 18,918 | 174 |
| net assets | -5,968 | -5,495 | 12,669 | 2,038 | 139 | -5,057 | 253 | 685 | 315 | 290 |
| total shareholders funds | -5,968 | -5,495 | 12,669 | 2,038 | 139 | -5,057 | 253 | 685 | 315 | 290 |
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||
| Stock | 0 | -39,484 | 13,484 | 7,000 | -1,000 | -5,000 | 25,000 | -17,613 | 17,613 | 0 |
| Debtors | -14,744 | 42,570 | 0 | 0 | 0 | 0 | -19,690 | 19,690 | 0 | 0 |
| Creditors | -14,271 | 47,724 | -330 | -1,350 | -4,755 | -6,723 | -1,288 | 0 | 14,613 | 174 |
| Accruals and Deferred Income | 0 | -46,601 | 14,701 | 20,415 | -12,059 | 10,075 | 13,469 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -4,218 | 87 | 4,131 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | -20,127 | 11,518 | 8,109 | -4,763 | 3,042 | 2,221 | -1,620 | 1,156 | 464 |
| overdraft | 0 | 0 | 0 | -5,855 | 5,855 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -20,127 | 11,518 | 13,964 | -10,618 | 3,042 | 2,221 | -1,620 | 1,156 | 464 |
ready steady limited Credit Report and Business Information
Ready Steady Limited Competitor Analysis
Perform a competitor analysis for ready steady limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.
ready steady limited Ownership
READY STEADY LIMITED group structure
Ready Steady Limited has no subsidiary companies.
Ultimate parent company
READY STEADY LIMITED
08089018
ready steady limited directors
Ready Steady Limited currently has 1 director, Mr Kirlos Ramis serving since Jun 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kirlos Ramis | 37 years | Jun 2012 | - | Director |
P&L
May 2022turnover
200k
-41%
operating profit
-473
0%
gross margin
17.3%
+9.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2022net assets
-6k
+0.09%
total assets
27.8k
-0.35%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ready steady limited company details
company number
08089018
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
May 2012
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2022
previous names
N/A
accountant
-
auditor
-
address
19 victoria terrace, hove, east sussex, BN3 2WB
Bank
-
Legal Advisor
-
ready steady 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 ready steady limited.
ready steady 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.
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ready steady limited Companies House Filings - See Documents
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