rematch credit ltd
rematch credit ltd Company Information
Company Number
08097204
Next Accounts
551 days late
Shareholders
moulton goodies ltd
highland & universal securities ltd
View AllGroup Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
2nd floor 110 cannon street, london, EC4N 6EU
Website
http://www.dividebuy.co.ukrematch credit ltd Estimated Valuation
Pomanda estimates the enterprise value of REMATCH CREDIT LTD at £93.6m based on a Turnover of £60.3m and 1.55x industry multiple (adjusted for size and gross margin).
rematch credit ltd Estimated Valuation
Pomanda estimates the enterprise value of REMATCH CREDIT LTD at £0 based on an EBITDA of £-4.2m and a 5.36x industry multiple (adjusted for size and gross margin).
rematch credit ltd Estimated Valuation
Pomanda estimates the enterprise value of REMATCH CREDIT LTD at £9.8m based on Net Assets of £7.5m and 1.31x industry multiple (adjusted for liquidity).
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Rematch Credit Ltd Overview
Rematch Credit Ltd is a live company located in london, EC4N 6EU with a Companies House number of 08097204. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2012, it's largest shareholder is moulton goodies ltd with a 24.9% stake. Rematch Credit Ltd is a established, large sized company, Pomanda has estimated its turnover at £60.3m with rapid growth in recent years.
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Rematch Credit Ltd Health Check
Pomanda's financial health check has awarded Rematch Credit Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
0 Regular
3 Weak
Size
annual sales of £60.3m, make it larger than the average company (£4.6m)
£60.3m - Rematch Credit Ltd
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 76%, show it is growing at a faster rate (1.5%)
76% - Rematch Credit Ltd
1.5% - Industry AVG
Production
with a gross margin of 5.9%, this company has a higher cost of product (58%)
5.9% - Rematch Credit Ltd
58% - Industry AVG
Profitability
an operating margin of -8% make it less profitable than the average company (10.4%)
-8% - Rematch Credit Ltd
10.4% - Industry AVG
Employees
with 62 employees, this is above the industry average (13)
62 - Rematch Credit Ltd
13 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has a lower pay structure (£77.1k)
£38.5k - Rematch Credit Ltd
£77.1k - Industry AVG
Efficiency
resulting in sales per employee of £972.6k, this is more efficient (£218.8k)
£972.6k - Rematch Credit Ltd
£218.8k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (37 days)
8 days - Rematch Credit Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (45 days)
10 days - Rematch Credit Ltd
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rematch Credit Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 69 weeks, this is more cash available to meet short term requirements (31 weeks)
69 weeks - Rematch Credit Ltd
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.7%, this is a lower level of debt than the average (70.3%)
53.7% - Rematch Credit Ltd
70.3% - Industry AVG
REMATCH CREDIT LTD financials
Rematch Credit Ltd's latest turnover from December 2021 is £60.3 million and the company has net assets of £7.5 million. According to their latest financial statements, Rematch Credit Ltd has 62 employees and maintains cash reserves of £11.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 60,303,946 | 37,797,130 | 32,840,938 | 10,972,234 | 3,068,366 | 86,632 | 45,760 | ||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 56,728,811 | 34,556,217 | 29,299,225 | 9,670,022 | 2,739,975 | 80,546 | 44,976 | ||
| Gross Profit | 3,575,135 | 3,240,913 | 3,541,713 | 1,302,212 | 328,391 | 6,086 | 784 | ||
| Admin Expenses | 8,414,265 | 4,020,373 | 6,624,723 | 1,997,145 | 788,092 | 427,220 | 92,812 | ||
| Operating Profit | -4,839,130 | -779,460 | -3,083,010 | -694,933 | -459,701 | -421,134 | -92,028 | ||
| Interest Payable | 591,783 | 597,334 | 949,393 | 293,846 | 48,055 | 10,387 | |||
| Interest Receivable | 935 | 641 | |||||||
| Pre-Tax Profit | -5,429,978 | -1,376,794 | -4,031,762 | -988,779 | -507,756 | -431,521 | -92,028 | ||
| Tax | -152,662 | -99,667 | -71,833 | 623,243 | -99,008 | ||||
| Profit After Tax | -5,582,640 | -1,476,461 | -4,103,595 | -365,536 | -606,764 | -431,521 | -92,028 | ||
| Dividends Paid | |||||||||
| Retained Profit | -5,582,640 | -1,476,461 | -4,103,595 | -365,536 | -606,764 | -431,521 | -92,028 | ||
| Employee Costs | 2,384,212 | 2,023,693 | 2,269,153 | 317,717 | 59,403 | ||||
| Number Of Employees | 62 | 56 | 43 | 29 | 21 | 12 | 5 | ||
| EBITDA* | -4,172,865 | -207,848 | -2,541,067 | -530,121 | -383,694 | -388,719 | -91,229 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 47,279 | 93,181 | 140,502 | 15,848 | 19,942 | 25,682 | 3,579 | 4,378 | 2,086 |
| Intangible Assets | 3,046,489 | 2,009,504 | 1,514,844 | 913,007 | 482,715 | 213,420 | 48,624 | 15,299 | 11,409 |
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 47,400 | 47,400 | 47,400 | ||||||
| Total Fixed Assets | 3,141,168 | 2,150,085 | 1,702,746 | 928,855 | 502,657 | 239,102 | 52,203 | 19,677 | 13,495 |
| Stock & work in progress | 3,854 | 13,607 | |||||||
| Trade Debtors | 1,427,125 | 21,532,711 | 13,165,652 | 5,044,446 | 1,961,287 | 59,766 | 18,507 | 44,051 | 7,629 |
| Group Debtors | |||||||||
| Misc Debtors | 317,303 | 386,879 | 460,429 | 557,792 | 22,152 | 42,371 | |||
| Cash | 11,294,297 | 1,855,739 | 1,271,158 | 738,315 | 409,689 | 595,375 | 824 | 83,235 | 376 |
| misc current assets | |||||||||
| total current assets | 13,038,725 | 23,775,329 | 14,897,239 | 6,340,553 | 2,393,128 | 697,512 | 19,331 | 131,140 | 21,612 |
| total assets | 16,179,893 | 25,925,414 | 16,599,985 | 7,269,408 | 2,895,785 | 936,614 | 71,534 | 150,817 | 35,107 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 1,699,769 | 355,037 | 531,371 | 66,490 | 57,488 | 10,844 | 9,991 | 49,163 | |
| Group/Directors Accounts | |||||||||
| other short term finances | 10,426,118 | 7,200,679 | 6,500,000 | ||||||
| hp & lease commitments | |||||||||
| other current liabilities | 6,782,625 | 6,072,149 | 1,096,712 | 557,547 | 228,835 | 58,551 | 22,736 | ||
| total current liabilities | 8,482,394 | 16,853,304 | 8,828,762 | 7,124,037 | 286,323 | 69,395 | 22,736 | 9,991 | 49,163 |
| loans | 893,033 | 3,000,000 | 750,000 | ||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 198,162 | 99,008 | |||||||
| total long term liabilities | 198,162 | 893,033 | 3,099,008 | 750,000 | |||||
| total liabilities | 8,680,556 | 17,746,337 | 8,828,762 | 7,124,037 | 3,385,331 | 819,395 | 22,736 | 9,991 | 49,163 |
| net assets | 7,499,337 | 8,179,077 | 7,771,223 | 145,371 | -489,546 | 117,219 | 48,798 | 140,826 | -14,056 |
| total shareholders funds | 7,499,337 | 8,179,077 | 7,771,223 | 145,371 | -489,546 | 117,219 | 48,798 | 140,826 | -14,056 |
| Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -4,839,130 | -779,460 | -3,083,010 | -694,933 | -459,701 | -421,134 | -92,028 | ||
| Depreciation | 66,355 | 62,333 | 51,673 | 13,418 | 11,355 | 8,077 | 799 | 836 | 247 |
| Amortisation | 599,910 | 509,279 | 490,270 | 151,394 | 64,652 | 24,338 | 4,591 | 3,091 | |
| Tax | -152,662 | -99,667 | -71,833 | 623,243 | -99,008 | ||||
| Stock | -3,854 | -9,753 | 13,607 | ||||||
| Debtors | -20,175,162 | 8,293,509 | 8,071,243 | 3,618,799 | 1,881,302 | 83,630 | -25,544 | 36,422 | 7,629 |
| Creditors | 1,344,732 | -176,334 | 464,881 | 9,002 | 46,644 | 10,844 | -9,991 | -39,172 | 49,163 |
| Accruals and Deferred Income | 710,476 | 4,975,437 | 539,165 | 328,712 | 170,284 | 35,815 | 22,736 | ||
| Deferred Taxes & Provisions | 198,162 | -99,008 | 99,008 | ||||||
| Cash flow from operations | 18,103,005 | -3,801,921 | -9,680,097 | -3,286,971 | -2,048,068 | -425,690 | -49,086 | ||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | -10,426,118 | 3,225,439 | 700,679 | 6,500,000 | |||||
| Long term loans | -893,033 | 893,033 | -3,000,000 | 2,250,000 | 750,000 | ||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -590,848 | -597,334 | -948,752 | -293,846 | -48,055 | -10,387 | |||
| cash flow from financing | -7,007,099 | 5,405,453 | 11,481,374 | 4,206,607 | 2,201,944 | 1,239,555 | |||
| cash and cash equivalents | |||||||||
| cash | 9,438,558 | 584,581 | 532,843 | 328,626 | -185,686 | 594,551 | -82,411 | 82,859 | 376 |
| overdraft | |||||||||
| change in cash | 9,438,558 | 584,581 | 532,843 | 328,626 | -185,686 | 594,551 | -82,411 | 82,859 | 376 |
rematch credit ltd Credit Report and Business Information
Rematch Credit Ltd Competitor Analysis
Perform a competitor analysis for rematch credit ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC4N area or any other competitors across 12 key performance metrics.
rematch credit ltd Ownership
REMATCH CREDIT LTD group structure
Rematch Credit Ltd has 1 subsidiary company.
rematch credit ltd directors
Rematch Credit Ltd currently has 2 directors. The longest serving directors include Mr John Jarvis (Aug 2015) and Mr Calum Cusiter (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Jarvis | England | 80 years | Aug 2015 | - | Director |
| Mr Calum Cusiter | Scotland | 44 years | Dec 2018 | - | Director |
P&L
December 2021turnover
60.3m
+60%
operating profit
-4.8m
+521%
gross margin
6%
-30.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
7.5m
-0.08%
total assets
16.2m
-0.38%
cash
11.3m
+5.09%
net assets
Total assets minus all liabilities
rematch credit ltd company details
company number
08097204
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
June 2012
age
13
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2021
previous names
rematch sports ltd (August 2015)
second chance sport ltd (August 2012)
accountant
-
auditor
BDO LLP
address
2nd floor 110 cannon street, london, EC4N 6EU
Bank
-
Legal Advisor
-
rematch credit 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 4 charges/mortgages relating to rematch credit ltd. Currently there are 0 open charges and 4 have been satisfied in the past.
rematch credit 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 REMATCH CREDIT LTD. This can take several minutes, an email will notify you when this has completed.
rematch credit ltd Companies House Filings - See Documents
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