redsummer ltd
redsummer ltd Company Information
Company Number
08230201
Website
www.redsummergroup.comRegistered Address
124 finchley road, london, NW3 5JS
Industry
Buying and selling of own real estate
Telephone
02072842846
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
redwood securities group ltd 33.3%
wimborne estates ltd 33.3%
View Allredsummer ltd Estimated Valuation
Pomanda estimates the enterprise value of REDSUMMER LTD at £220.1k based on a Turnover of £92.7k and 2.37x industry multiple (adjusted for size and gross margin).
redsummer ltd Estimated Valuation
Pomanda estimates the enterprise value of REDSUMMER LTD at £23.1k based on an EBITDA of £4k and a 5.84x industry multiple (adjusted for size and gross margin).
redsummer ltd Estimated Valuation
Pomanda estimates the enterprise value of REDSUMMER LTD at £426.3k based on Net Assets of £345.7k and 1.23x industry multiple (adjusted for liquidity).
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Redsummer Ltd Overview
Redsummer Ltd is a live company located in london, NW3 5JS with a Companies House number of 08230201. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 2012, it's largest shareholder is redwood securities group ltd with a 33.3% stake. Redsummer Ltd is a established, micro sized company, Pomanda has estimated its turnover at £92.7k with declining growth in recent years.
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Redsummer Ltd Health Check
Pomanda's financial health check has awarded Redsummer Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £92.7k, make it smaller than the average company (£965.3k)
- Redsummer Ltd
£965.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (2.5%)
- Redsummer Ltd
2.5% - Industry AVG
Production
with a gross margin of 70.9%, this company has a comparable cost of product (70.9%)
- Redsummer Ltd
70.9% - Industry AVG
Profitability
an operating margin of 4.3% make it less profitable than the average company (25.7%)
- Redsummer Ltd
25.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Redsummer Ltd
4 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£40.2k)
- Redsummer Ltd
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £92.7k, this is less efficient (£193.5k)
- Redsummer Ltd
£193.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Redsummer Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Redsummer Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 4468 days, this is more than average (377 days)
- Redsummer Ltd
377 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 287 weeks, this is more cash available to meet short term requirements (8 weeks)
287 weeks - Redsummer Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.6%, this is a lower level of debt than the average (61.5%)
0.6% - Redsummer Ltd
61.5% - Industry AVG
REDSUMMER LTD financials
Redsummer Ltd's latest turnover from December 2023 is estimated at £92.7 thousand and the company has net assets of £345.7 thousand. According to their latest financial statements, we estimate that Redsummer Ltd has 1 employee and maintains cash reserves of £11.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 14,843 | 2,429 | |||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2 | 2 | 1,168 | 2,338 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 2 | 2 | 1,168 | 2,338 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 330,000 | 330,000 | 1,081,471 | 1,763,480 | 3,884,593 | 171,183 | 0 | 0 | 3,141,392 | 103,628 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 114,238 | 601,742 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,000 | 222 | 4,091 | 243,000 | 10,870 | 1,434,346 | 1,581,368 | 788,320 | 0 | 0 | 0 |
| Cash | 11,861 | 33,641 | 21,402 | 493,854 | 25,232 | 144,047 | 244,789 | 900,043 | 934,728 | 5,695 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 347,861 | 363,863 | 1,106,964 | 2,500,334 | 3,920,695 | 1,749,576 | 1,826,157 | 1,688,363 | 4,190,358 | 711,065 | 0 |
| total assets | 347,863 | 363,865 | 1,108,132 | 2,502,672 | 3,920,695 | 1,749,576 | 1,826,157 | 1,688,363 | 4,190,358 | 711,065 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 1,362,225 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 89 | 2,871 | 9,294 | 4,307 | 0 | 0 | 0 | 3,565,065 | 714,943 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 5,106 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 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 | 2,145 | 21,884 | 31,581 | 109,549 | 463,518 | 5,602 | 77,904 | 221,092 | 0 | 0 | 0 |
| total current liabilities | 2,145 | 21,973 | 34,452 | 118,843 | 1,830,050 | 10,708 | 77,904 | 221,092 | 3,565,065 | 714,943 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 222 | 444 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 222 | 444 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,145 | 21,973 | 34,674 | 119,287 | 1,830,050 | 10,708 | 77,904 | 221,092 | 3,565,065 | 714,943 | 0 |
| net assets | 345,718 | 341,892 | 1,073,458 | 2,383,385 | 2,090,645 | 1,738,868 | 1,748,253 | 1,467,271 | 625,293 | -3,878 | 0 |
| total shareholders funds | 345,718 | 341,892 | 1,073,458 | 2,383,385 | 2,090,645 | 1,738,868 | 1,748,253 | 1,467,271 | 625,293 | -3,878 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 1,166 | 1,170 | 1,170 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||||
| Stock | 0 | -751,471 | -682,009 | -2,121,113 | 3,713,410 | 171,183 | 0 | -3,141,392 | 3,037,764 | 103,628 | 0 |
| Debtors | 5,778 | -3,869 | -238,909 | 232,130 | -1,423,476 | -147,022 | 793,048 | 674,082 | -487,504 | 601,742 | 0 |
| Creditors | -89 | -2,782 | -6,423 | 4,987 | 4,307 | 0 | 0 | -3,565,065 | 2,850,122 | 714,943 | 0 |
| Accruals and Deferred Income | -19,739 | -9,697 | -77,968 | -353,969 | 457,916 | -72,302 | -143,188 | 221,092 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -222 | -222 | 444 | 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 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -5,106 | 5,106 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -21,780 | 12,239 | -472,452 | 468,622 | -118,815 | -100,742 | -655,254 | -34,685 | 929,033 | 5,695 | 0 |
| overdraft | 0 | 0 | 0 | -1,362,225 | 1,362,225 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -21,780 | 12,239 | -472,452 | 1,830,847 | -1,481,040 | -100,742 | -655,254 | -34,685 | 929,033 | 5,695 | 0 |
redsummer ltd Credit Report and Business Information
Redsummer Ltd Competitor Analysis
Perform a competitor analysis for redsummer ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NW3 area or any other competitors across 12 key performance metrics.
redsummer ltd Ownership
REDSUMMER LTD group structure
Redsummer Ltd has no subsidiary companies.
Ultimate parent company
REDSUMMER LTD
08230201
redsummer ltd directors
Redsummer Ltd currently has 3 directors. The longest serving directors include Mr David Sheinman (Sep 2012) and Mr Ian Shiner (Sep 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Sheinman | United Kingdom | 62 years | Sep 2012 | - | Director |
| Mr Ian Shiner | England | 63 years | Sep 2012 | - | Director |
| Mr Charles Wimbourne | 55 years | Sep 2012 | - | Director |
P&L
December 2023turnover
92.7k
+160%
operating profit
4k
0%
gross margin
71%
+1.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
345.7k
+0.01%
total assets
347.9k
-0.04%
cash
11.9k
-0.65%
net assets
Total assets minus all liabilities
Similar Companies
redsummer ltd company details
company number
08230201
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
September 2012
age
12
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
greensummer limited (February 2018)
last accounts submitted
December 2023
address
124 finchley road, london, NW3 5JS
accountant
-
auditor
-
redsummer 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 3 charges/mortgages relating to redsummer ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
redsummer ltd Companies House Filings - See Documents
| date | description | view/download |
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