angel remy ltd

angel remy ltd Company Information

Share ANGEL REMY LTD
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Company Number

08857439

Industry

Retail sale via mail order houses or via Internet

 

Wholesale of perfume and cosmetics

 

Shareholders

stuart david morrison

deborah christine morrison

Group Structure

View All

Contact

Registered Address

red mill trading estate, block b - unit 13, wednesbury, WS10 0NP

angel remy ltd Estimated Valuation

£2m

Pomanda estimates the enterprise value of ANGEL REMY LTD at £2m based on a Turnover of £4.3m and 0.47x industry multiple (adjusted for size and gross margin).

angel remy ltd Estimated Valuation

£835.5k

Pomanda estimates the enterprise value of ANGEL REMY LTD at £835.5k based on an EBITDA of £200.1k and a 4.18x industry multiple (adjusted for size and gross margin).

angel remy ltd Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of ANGEL REMY LTD at £2.9m based on Net Assets of £1.2m and 2.49x industry multiple (adjusted for liquidity).

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Angel Remy Ltd Overview

Angel Remy Ltd is a live company located in wednesbury, WS10 0NP with a Companies House number of 08857439. It operates in the wholesale of perfume and cosmetics sector, SIC Code 46450. Founded in January 2014, it's largest shareholder is stuart david morrison with a 50% stake. Angel Remy Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.3m with high growth in recent years.

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Angel Remy Ltd Health Check

Pomanda's financial health check has awarded Angel Remy Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £4.3m, make it smaller than the average company (£8.4m)

£4.3m - Angel Remy Ltd

£8.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.4%)

18% - Angel Remy Ltd

6.4% - Industry AVG

production

Production

with a gross margin of 39.4%, this company has a comparable cost of product (39.4%)

39.4% - Angel Remy Ltd

39.4% - Industry AVG

profitability

Profitability

an operating margin of 4.7% make it as profitable than the average company (4.1%)

4.7% - Angel Remy Ltd

4.1% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (25)

6 - Angel Remy Ltd

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £37k, the company has an equivalent pay structure (£37k)

£37k - Angel Remy Ltd

£37k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £713.4k, this is more efficient (£251.4k)

£713.4k - Angel Remy Ltd

£251.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (35 days)

3 days - Angel Remy Ltd

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 270 days, this is slower than average (36 days)

270 days - Angel Remy Ltd

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 467 days, this is more than average (100 days)

467 days - Angel Remy Ltd

100 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)

0 weeks - Angel Remy Ltd

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65.6%, this is a similar level of debt than the average (61.6%)

65.6% - Angel Remy Ltd

61.6% - Industry AVG

ANGEL REMY LTD financials

EXPORTms excel logo

Angel Remy Ltd's latest turnover from March 2024 is estimated at £4.3 million and the company has net assets of £1.2 million. According to their latest financial statements, Angel Remy Ltd has 6 employees and maintains cash reserves of £5.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Turnover4,280,2092,828,5952,228,8302,626,7352,793,9632,786,9241,064,369710,115312,378631,140
Other Income Or Grants0000000000
Cost Of Sales2,592,4021,695,1741,339,8451,578,4331,753,9781,680,144634,501423,638183,891372,055
Gross Profit1,687,8061,133,421888,9841,048,3011,039,9851,106,779429,868286,477128,488259,085
Admin Expenses1,488,3661,195,403841,1111,281,077751,993720,373219,510105,372-118,3067,188
Operating Profit199,440-61,98247,873-232,776287,992386,406210,358181,105246,794251,897
Interest Payable0000000000
Interest Receivable4581,7372,1375634291,260439193469265
Pre-Tax Profit199,897-60,24550,010-232,213288,421387,665210,796181,298247,264252,162
Tax-49,9740-9,5020-54,800-73,656-40,051-36,259-49,453-52,954
Profit After Tax149,923-60,24540,508-232,213233,621314,009170,745145,038197,811199,208
Dividends Paid0000000000
Retained Profit149,923-60,24540,508-232,213233,621314,009170,745145,038197,811199,208
Employee Costs221,932179,227166,140259,130255,624259,335260,769186,11260,41992,903
Number Of Employees6558888623
EBITDA*200,058-61,38348,509-231,502290,136388,985213,159186,015248,188252,279

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Tangible Assets2788966371,2732,1432,5792,8024,9111,393383
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets2788966371,2732,1432,5792,8024,9111,393383
Stock & work in progress3,319,8252,444,5902,085,9321,320,1771,577,5042,111,355840,428654,830503,029389,950
Trade Debtors37,30019,30444,8220093,43138,21615,2191,3171,498
Group Debtors0000000000
Misc Debtors2,38825,13133,58536,07800149,933103,05899,4350
Cash5,63311,80769,914499,991625,072232,819103,11972,39681,824105,929
misc current assets0000000000
total current assets3,365,1462,500,8322,234,2531,856,2462,202,5762,437,6051,131,696845,503685,605497,377
total assets3,365,4242,501,7282,234,8901,857,5192,204,7192,440,1841,134,498850,414686,998497,760
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 1,924,1691,226,239818,228537,811519,765972,08932,45417,26111,630298,550
Group/Directors Accounts0000145,554205,554205,554151,554160,5540
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities282,778266,834347,811291,245278,966235,728183,686139,540117,7930
total current liabilities2,206,9471,493,0731,166,039829,056944,2851,413,371421,694308,355289,977298,550
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions69170121242000000
total long term liabilities69170121242000000
total liabilities2,207,0161,493,2431,166,160829,298944,2851,413,371421,694308,355289,977298,550
net assets1,158,4081,008,4851,068,7301,028,2211,260,4341,026,813712,804542,059397,021199,210
total shareholders funds1,158,4081,008,4851,068,7301,028,2211,260,4341,026,813712,804542,059397,021199,210
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit199,440-61,98247,873-232,776287,992386,406210,358181,105246,794251,897
Depreciation6185996361,2742,1442,5792,8014,9101,394382
Amortisation0000000000
Tax-49,9740-9,5020-54,800-73,656-40,051-36,259-49,453-52,954
Stock875,235358,658765,755-257,327-533,8511,270,927185,598151,801113,079389,950
Debtors-4,747-33,97242,32936,078-93,431-94,71869,87217,52599,2541,498
Creditors697,930408,011280,41718,046-452,324939,63515,1935,631-286,920298,550
Accruals and Deferred Income15,944-80,97756,56612,27943,23852,04244,14621,747117,7930
Deferred Taxes & Provisions-10149-121242000000
Cash flow from operations-6,631-58,986-432,21520,314453,532130,797-23,0237,808-182,725106,427
Investing Activities
capital expenditure0-8580-404-1,708-2,356-692-8,428-2,404-765
Change in Investments0000000000
cash flow from investments0-8580-404-1,708-2,356-692-8,428-2,404-765
Financing Activities
Bank loans0000000000
Group/Directors Accounts000-145,554-60,000054,000-9,000160,5540
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue0010000002
interest4581,7372,1375634291,260439193469265
cash flow from financing4581,7372,138-144,991-59,5711,26054,439-8,807161,023267
cash and cash equivalents
cash-6,174-58,107-430,077-125,081392,253129,70030,723-9,428-24,105105,929
overdraft0000000000
change in cash-6,174-58,107-430,077-125,081392,253129,70030,723-9,428-24,105105,929

angel remy ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Angel Remy Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for angel remy 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 WS10 area or any other competitors across 12 key performance metrics.

angel remy ltd Ownership

ANGEL REMY LTD group structure

Angel Remy Ltd has no subsidiary companies.

Ultimate parent company

ANGEL REMY LTD

08857439

ANGEL REMY LTD Shareholders

stuart david morrison 50%
deborah christine morrison 50%

angel remy ltd directors

Angel Remy Ltd currently has 3 directors. The longest serving directors include Mrs Deborah Morrison (Jan 2014) and Mr Stuart Morrison (Apr 2019).

officercountryagestartendrole
Mrs Deborah MorrisonEngland57 years Jan 2014- Director
Mr Stuart MorrisonEngland58 years Apr 2019- Director
Mr Jay MorrisonEngland26 years Apr 2024- Director

P&L

March 2024

turnover

4.3m

+51%

operating profit

199.4k

0%

gross margin

39.5%

-1.59%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.2m

+0.15%

total assets

3.4m

+0.35%

cash

5.6k

-0.52%

net assets

Total assets minus all liabilities

angel remy ltd company details

company number

08857439

Type

Private limited with Share Capital

industry

47910 - Retail sale via mail order houses or via Internet

46450 - Wholesale of perfume and cosmetics

incorporation date

January 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

POOLE WATERFIELD LIMITED

auditor

-

address

red mill trading estate, block b - unit 13, wednesbury, WS10 0NP

Bank

-

Legal Advisor

-

angel remy 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 angel remy ltd.

angel remy 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.

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angel remy ltd Companies House Filings - See Documents

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