red51 ltd
red51 ltd Company Information
Company Number
08570923
Website
-Registered Address
41 bridgeman terrace, wigan, united kingdom, lancashire, WN1 1TT
Industry
Wholesale of clothing and footwear
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Dharminder Kasbia11 Years
Shareholders
dharminder singh kasbia 100%
red51 ltd Estimated Valuation
Pomanda estimates the enterprise value of RED51 LTD at £334.4k based on a Turnover of £981.2k and 0.34x industry multiple (adjusted for size and gross margin).
red51 ltd Estimated Valuation
Pomanda estimates the enterprise value of RED51 LTD at £0 based on an EBITDA of £-8.1k and a 4.01x industry multiple (adjusted for size and gross margin).
red51 ltd Estimated Valuation
Pomanda estimates the enterprise value of RED51 LTD at £120.2k based on Net Assets of £143.6k and 0.84x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Red51 Ltd Overview
Red51 Ltd is a live company located in united kingdom, WN1 1TT with a Companies House number of 08570923. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in June 2013, it's largest shareholder is dharminder singh kasbia with a 100% stake. Red51 Ltd is a established, small sized company, Pomanda has estimated its turnover at £981.2k with declining growth in recent years.
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Red51 Ltd Health Check
Pomanda's financial health check has awarded Red51 Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £981.2k, make it smaller than the average company (£16.2m)
- Red51 Ltd
£16.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (3.9%)
- Red51 Ltd
3.9% - Industry AVG
Production
with a gross margin of 31.6%, this company has a comparable cost of product (31.6%)
- Red51 Ltd
31.6% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (4.1%)
- Red51 Ltd
4.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (47)
- Red51 Ltd
47 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)
- Red51 Ltd
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £245.3k, this is less efficient (£298.3k)
- Red51 Ltd
£298.3k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (42 days)
- Red51 Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (38 days)
- Red51 Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Red51 Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Red51 Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.4%, this is a lower level of debt than the average (62.3%)
20.4% - Red51 Ltd
62.3% - Industry AVG
RED51 LTD financials
Red51 Ltd's latest turnover from June 2023 is estimated at £981.2 thousand and the company has net assets of £143.6 thousand. According to their latest financial statements, we estimate that Red51 Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0 | 0 | 0 | 0 | 0 | 60,000 | 0 | 0 |
| Trade Debtors | 180,475 | 201,875 | 220,116 | 219,556 | 177,844 | 189,886 | 121,657 | 35,302 | 59,286 | 25,750 |
| 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 | 0 | 0 | 0 | 0 | 0 | 2,042 | 1,047 | 643 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 180,475 | 201,875 | 220,116 | 219,556 | 177,844 | 189,886 | 121,657 | 97,344 | 60,333 | 26,393 |
| total assets | 180,475 | 201,875 | 220,116 | 219,556 | 177,844 | 189,886 | 121,657 | 97,344 | 60,333 | 26,393 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 17,649 | 20,933 | 40,847 | 40,479 | 55,915 | 88,415 | 42,270 | 29,857 | 20,715 | 12,402 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 17,649 | 20,933 | 40,847 | 40,479 | 55,915 | 88,415 | 42,270 | 29,857 | 20,715 | 12,402 |
| 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 | 19,179 | 29,175 | 39,171 | 49,167 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 19,179 | 29,175 | 39,171 | 49,167 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 36,828 | 50,108 | 80,018 | 89,646 | 55,915 | 88,415 | 42,270 | 29,857 | 20,715 | 12,402 |
| net assets | 143,647 | 151,767 | 140,098 | 129,910 | 121,929 | 101,471 | 79,387 | 67,487 | 39,618 | 13,991 |
| total shareholders funds | 143,647 | 151,767 | 140,098 | 129,910 | 121,929 | 101,471 | 79,387 | 67,487 | 39,618 | 13,991 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -60,000 | 60,000 | 0 | 0 |
| Debtors | -21,400 | -18,241 | 560 | 41,712 | -12,042 | 68,229 | 86,355 | -23,984 | 33,536 | 25,750 |
| Creditors | -3,284 | -19,914 | 368 | -15,436 | -32,500 | 46,145 | 12,413 | 9,142 | 8,313 | 12,402 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -9,996 | -9,996 | -9,996 | 49,167 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -2,042 | 995 | 404 | 643 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -2,042 | 995 | 404 | 643 |
red51 ltd Credit Report and Business Information
Red51 Ltd Competitor Analysis
Perform a competitor analysis for red51 ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WN1 area or any other competitors across 12 key performance metrics.
red51 ltd Ownership
RED51 LTD group structure
Red51 Ltd has no subsidiary companies.
Ultimate parent company
RED51 LTD
08570923
red51 ltd directors
Red51 Ltd currently has 1 director, Mr Dharminder Kasbia serving since Jun 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dharminder Kasbia | United Kingdom | 57 years | Jun 2013 | - | Director |
P&L
June 2023turnover
981.2k
-4%
operating profit
-8.1k
0%
gross margin
31.7%
-4.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
143.6k
-0.05%
total assets
180.5k
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
red51 ltd company details
company number
08570923
Type
Private limited with Share Capital
industry
46420 - Wholesale of clothing and footwear
incorporation date
June 2013
age
11
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
41 bridgeman terrace, wigan, united kingdom, lancashire, WN1 1TT
accountant
-
auditor
-
red51 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 red51 ltd.
red51 ltd Companies House Filings - See Documents
| date | description | view/download |
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