reside developments (number two) ltd
reside developments (number two) ltd Company Information
Company Number
08606702
Next Accounts
Nov 2025
Shareholders
alison randall
ian randall
Group Structure
View All
Industry
Development of building projects
Registered Address
betchworth house, 57-65 station road, redhill, surrey, RH1 1DL
Website
www.residedevelopments.co.ukreside developments (number two) ltd Estimated Valuation
Pomanda estimates the enterprise value of RESIDE DEVELOPMENTS (NUMBER TWO) LTD at £8.6k based on a Turnover of £17.9k and 0.48x industry multiple (adjusted for size and gross margin).
reside developments (number two) ltd Estimated Valuation
Pomanda estimates the enterprise value of RESIDE DEVELOPMENTS (NUMBER TWO) LTD at £0 based on an EBITDA of £-1 and a 3.78x industry multiple (adjusted for size and gross margin).
reside developments (number two) ltd Estimated Valuation
Pomanda estimates the enterprise value of RESIDE DEVELOPMENTS (NUMBER TWO) LTD at £44.8k based on Net Assets of £31.7k and 1.41x industry multiple (adjusted for liquidity).
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Reside Developments (number Two) Ltd Overview
Reside Developments (number Two) Ltd is a live company located in redhill, RH1 1DL with a Companies House number of 08606702. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2013, it's largest shareholder is alison randall with a 50% stake. Reside Developments (number Two) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £17.9k with declining growth in recent years.
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Reside Developments (number Two) Ltd Health Check
Pomanda's financial health check has awarded Reside Developments (Number Two) Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £17.9k, make it smaller than the average company (£2.2m)
- Reside Developments (number Two) Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -73%, show it is growing at a slower rate (5.5%)
- Reside Developments (number Two) Ltd
5.5% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Reside Developments (number Two) Ltd
26.4% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (7.3%)
- Reside Developments (number Two) Ltd
7.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Reside Developments (number Two) Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Reside Developments (number Two) Ltd
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £17.9k, this is less efficient (£270.8k)
- Reside Developments (number Two) Ltd
£270.8k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is near the average (28 days)
- Reside Developments (number Two) Ltd
28 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Reside Developments (number Two) Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reside Developments (number Two) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Reside Developments (number Two) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.9%, this is a higher level of debt than the average (73.1%)
95.9% - Reside Developments (number Two) Ltd
73.1% - Industry AVG
RESIDE DEVELOPMENTS (NUMBER TWO) LTD financials
Reside Developments (Number Two) Ltd's latest turnover from February 2024 is estimated at £17.9 thousand and the company has net assets of £31.7 thousand. According to their latest financial statements, we estimate that Reside Developments (Number Two) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 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
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | |||||||||||
| Stock & work in progress | 464,702 | 914,016 | 1,991,351 | 5,847,521 | 10,382,634 | 4,804,106 | 644,121 | 478,849 | 71,426 | ||
| Trade Debtors | 1,400 | 100 | |||||||||
| Group Debtors | 741,374 | 895,588 | 773,650 | 775,798 | |||||||
| Misc Debtors | 21,061 | 3,083 | 15,493 | 2,145 | 330,928 | 87,505 | 15,849 | ||||
| Cash | |||||||||||
| misc current assets | |||||||||||
| total current assets | 763,835 | 898,671 | 1,253,845 | 1,691,959 | 2,322,279 | 5,935,026 | 10,382,634 | 4,819,955 | 644,121 | 478,849 | 71,526 |
| total assets | 763,835 | 898,671 | 1,253,845 | 1,691,959 | 2,322,279 | 5,935,026 | 10,382,634 | 4,819,955 | 644,121 | 478,849 | 71,526 |
| Bank overdraft | 428,493 | 8,193,314 | 3,052,031 | ||||||||
| Bank loan | |||||||||||
| Trade Creditors | 102,889 | 649,748 | 97,991 | 1,873 | 478,999 | 71,676 | |||||
| Group/Directors Accounts | 522,724 | 1,422,457 | 1,771,792 | 644,271 | |||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 732,151 | 866,986 | 1,221,872 | 1,034,336 | 1,640,521 | 5,376,532 | 783,597 | 4,500 | 4,500 | ||
| total current liabilities | 732,151 | 866,986 | 1,221,872 | 1,659,949 | 2,290,269 | 5,903,016 | 10,399,368 | 4,830,196 | 648,771 | 478,999 | 71,676 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | |||||||||||
| total liabilities | 732,151 | 866,986 | 1,221,872 | 1,659,949 | 2,290,269 | 5,903,016 | 10,399,368 | 4,830,196 | 648,771 | 478,999 | 71,676 |
| net assets | 31,684 | 31,685 | 31,973 | 32,010 | 32,010 | 32,010 | -16,734 | -10,241 | -4,650 | -150 | -150 |
| total shareholders funds | 31,684 | 31,685 | 31,973 | 32,010 | 32,010 | 32,010 | -16,734 | -10,241 | -4,650 | -150 | -150 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | |||||||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | -464,702 | -449,314 | -1,077,335 | -3,856,170 | -4,535,113 | 5,578,528 | 4,159,985 | 165,272 | 407,423 | 71,426 | |
| Debtors | -134,836 | 109,528 | 11,200 | 447,015 | 243,423 | 87,505 | -15,849 | 15,849 | -100 | 100 | |
| Creditors | -102,889 | -546,859 | 551,757 | 97,991 | -1,873 | 1,873 | -478,999 | 407,323 | 71,676 | ||
| Accruals and Deferred Income | -134,835 | -354,886 | 187,536 | -606,185 | -3,736,011 | 4,592,935 | 779,097 | 4,500 | |||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -522,724 | 522,724 | -1,422,457 | -349,335 | 1,127,521 | 644,271 | |||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | |||||||||||
| overdraft | -428,493 | -7,764,821 | 5,141,283 | 3,052,031 | |||||||
| change in cash | 428,493 | 7,764,821 | -5,141,283 | -3,052,031 |
reside developments (number two) ltd Credit Report and Business Information
Reside Developments (number Two) Ltd Competitor Analysis
Perform a competitor analysis for reside developments (number two) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in RH1 area or any other competitors across 12 key performance metrics.
reside developments (number two) ltd Ownership
RESIDE DEVELOPMENTS (NUMBER TWO) LTD group structure
Reside Developments (Number Two) Ltd has no subsidiary companies.
Ultimate parent company
RESIDE DEVELOPMENTS (NUMBER TWO) LTD
08606702
reside developments (number two) ltd directors
Reside Developments (Number Two) Ltd currently has 2 directors. The longest serving directors include Mr Ian Randall (Jul 2013) and Mr Brett Hamblin (Jul 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Randall | England | 65 years | Jul 2013 | - | Director |
| Mr Brett Hamblin | England | 63 years | Jul 2013 | - | Director |
P&L
February 2024turnover
17.9k
0%
operating profit
-1
0%
gross margin
26.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
31.7k
0%
total assets
763.8k
-0.15%
cash
0
0%
net assets
Total assets minus all liabilities
reside developments (number two) ltd company details
company number
08606702
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
MOORE KINGSTON SMITH LLP
auditor
-
address
betchworth house, 57-65 station road, redhill, surrey, RH1 1DL
Bank
-
Legal Advisor
-
reside developments (number two) 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 reside developments (number two) ltd.
reside developments (number two) 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 RESIDE DEVELOPMENTS (NUMBER TWO) LTD. This can take several minutes, an email will notify you when this has completed.
reside developments (number two) ltd Companies House Filings - See Documents
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