reuseaworld ltd

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reuseaworld ltd Company Information

Share REUSEAWORLD LTD

Company Number

08954610

Shareholders

hammer time auctions limited

Group Structure

View All

Industry

Retail sale via mail order houses or via Internet

 

Registered Address

5 pywell road, willowbrook east industrial esta, corby, northants, NN17 5XJ

reuseaworld ltd Estimated Valuation

£960.6k

Pomanda estimates the enterprise value of REUSEAWORLD LTD at £960.6k based on a Turnover of £2.8m and 0.34x industry multiple (adjusted for size and gross margin).

reuseaworld ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of REUSEAWORLD LTD at £0 based on an EBITDA of £-245.1k and a 3.89x industry multiple (adjusted for size and gross margin).

reuseaworld ltd Estimated Valuation

£145.4k

Pomanda estimates the enterprise value of REUSEAWORLD LTD at £145.4k based on Net Assets of £66k and 2.21x industry multiple (adjusted for liquidity).

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Reuseaworld Ltd Overview

Reuseaworld Ltd is a live company located in corby, NN17 5XJ with a Companies House number of 08954610. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in March 2014, it's largest shareholder is hammer time auctions limited with a 100% stake. Reuseaworld Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.8m with declining growth in recent years.

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Reuseaworld Ltd Health Check

Pomanda's financial health check has awarded Reuseaworld Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £2.8m, make it larger than the average company (£505k)

£2.8m - Reuseaworld Ltd

£505k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.5%)

-11% - Reuseaworld Ltd

4.5% - Industry AVG

production

Production

with a gross margin of 35.8%, this company has a comparable cost of product (35.8%)

35.8% - Reuseaworld Ltd

35.8% - Industry AVG

profitability

Profitability

an operating margin of -12.1% make it less profitable than the average company (2%)

-12.1% - Reuseaworld Ltd

2% - Industry AVG

employees

Employees

with 54 employees, this is above the industry average (7)

54 - Reuseaworld Ltd

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)

£31.5k - Reuseaworld Ltd

£31.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £52.7k, this is less efficient (£186.8k)

£52.7k - Reuseaworld Ltd

£186.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 6 days, this is earlier than average (19 days)

6 days - Reuseaworld Ltd

19 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 40 days, this is slower than average (32 days)

40 days - Reuseaworld Ltd

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 13 days, this is less than average (83 days)

13 days - Reuseaworld Ltd

83 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (16 weeks)

2 weeks - Reuseaworld Ltd

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.5%, this is a higher level of debt than the average (72.6%)

93.5% - Reuseaworld Ltd

72.6% - Industry AVG

REUSEAWORLD LTD financials

EXPORTms excel logo

Reuseaworld Ltd's latest turnover from December 2023 is estimated at £2.8 million and the company has net assets of £66 thousand. According to their latest financial statements, Reuseaworld Ltd has 54 employees and maintains cash reserves of £39.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014
Turnover2,844,4423,295,3542,649,4644,069,1502,912,6922,947,9452,138,306586,0122,586,105
Other Income Or Grants
Cost Of Sales1,826,2212,075,3241,648,4332,663,7001,771,7791,846,0141,327,668362,5791,562,303
Gross Profit1,018,2211,220,0301,001,0311,405,4501,140,9131,101,932810,638223,4331,023,802
Admin Expenses1,363,2811,776,3201,077,161729,773840,4811,076,344641,085145,551997,997
Operating Profit-345,060-556,290-76,130675,677300,43225,588169,55377,88225,805
Interest Payable1185591,132652
Interest Receivable1,7807,0117527052,5531,129213125127
Pre-Tax Profit-343,280-549,279-75,378676,263302,42625,585169,11478,00825,933
Tax-128,490-57,461-4,861-32,132-15,601-5,186
Profit After Tax-343,280-549,279-75,378547,773244,96520,724136,98262,40620,746
Dividends Paid
Retained Profit-343,280-549,279-75,378547,773244,96520,724136,98262,40620,746
Employee Costs1,701,4901,553,1061,394,9691,409,2481,243,3001,332,000979,52180,838325,129
Number Of Employees54575155454435312
EBITDA*-245,055-459,8146,502754,651358,451103,624240,821131,01077,043

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014
Tangible Assets105,248163,791108,12096,955124,86978,00683,86714,51515,300
Intangible Assets38,36794,942135,000180,000225,000270,000315,000360,000405,000
Investments & Other
Debtors (Due After 1 year)4,58967,316
Total Fixed Assets143,615263,322310,436276,955349,869348,006398,867374,515420,300
Stock & work in progress67,47164,23462,09062,66955,53950,45741,8376,3505,824
Trade Debtors53,95259,09748,072218,309137,218102,93675,36335,069126,899
Group Debtors585,666456,477
Misc Debtors125,181134,837331,770393,564134,160457,289133,88577,373
Cash39,51228,297594,945909,117500,414180,471120,65349,47650,818
misc current assets
total current assets871,782742,9421,036,8771,583,659827,331791,153371,738168,268183,541
total assets1,015,3971,006,2641,347,3131,860,6141,177,2001,139,159770,605542,783603,841
Bank overdraft3,88012,68820,861
Bank loan
Trade Creditors 204,948432,934248,455523,391347,274331,950208,419100,253580,712
Group/Directors Accounts706,350176,657
other short term finances
hp & lease commitments
other current liabilities38,140146,75697,953285,181139,876538,951305,456356,976
total current liabilities949,438579,690346,408808,572667,687883,589534,736457,229580,712
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities17,33516,353
provisions26,03418,14623,39014,41215,4352,1022,083
total long term liabilities17,33542,38718,14623,39014,41215,4352,1022,083
total liabilities949,438597,025388,795826,718691,077898,001550,171459,331582,795
net assets65,959409,239958,5181,033,896486,123241,158220,43483,45221,046
total shareholders funds65,959409,239958,5181,033,896486,123241,158220,43483,45221,046
Dec 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014
Operating Activities
Operating Profit-345,060-556,290-76,130675,677300,43225,588169,55377,88225,805
Depreciation43,43051,21637,63233,97413,01933,03626,2688,1286,238
Amortisation56,57545,26045,00045,00045,00045,00045,00045,00045,000
Tax-128,490-57,461-4,861-32,132-15,601-5,186
Stock3,2372,144-5797,1305,0828,62035,4875265,824
Debtors109,799207,842-164,715340,495-288,847350,97796,806-14,457126,899
Creditors-227,986184,479-274,936176,11715,324123,531108,166-480,459580,712
Accruals and Deferred Income-108,61648,803-187,228145,305-399,075233,495-51,520356,976
Deferred Taxes & Provisions-26,0347,888-5,2448,978-1,02313,333192,083
Cash flow from operations-694,693-462,552-282,480594,714209,98295,169146,3755,876521,929
Investing Activities
capital expenditure15,113-112,089-48,797-6,060-59,882-27,175-95,620-7,343-471,538
Change in Investments
cash flow from investments15,113-112,089-48,797-6,060-59,882-27,175-95,620-7,343-471,538
Financing Activities
Bank loans
Group/Directors Accounts706,350-176,657176,657
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-17,33598216,353
share issue300
interest1,7807,0117525871,994-3-439125127
cash flow from financing690,7957,99317,105-176,070178,651-3-439125427
cash and cash equivalents
cash11,215-566,648-314,172408,703319,94359,81871,177-1,34250,818
overdraft-3,880-8,808-8,17320,861
change in cash11,215-566,648-314,172412,583328,75167,99150,316-1,34250,818

reuseaworld 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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Reuseaworld Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for reuseaworld 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 NN17 area or any other competitors across 12 key performance metrics.

reuseaworld ltd Ownership

REUSEAWORLD LTD group structure

Reuseaworld Ltd has no subsidiary companies.

Ultimate parent company

1 parent

REUSEAWORLD LTD

08954610

REUSEAWORLD LTD Shareholders

hammer time auctions limited 100%

reuseaworld ltd directors

Reuseaworld Ltd currently has 1 director, Mr Mark Fitzgerald serving since Aug 2023.

officercountryagestartendrole
Mr Mark FitzgeraldEngland55 years Aug 2023- Director

P&L

December 2023

turnover

2.8m

-14%

operating profit

-345.1k

0%

gross margin

35.8%

-3.31%

turnover

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

Balance Sheet

December 2023

net assets

66k

-0.84%

total assets

1m

+0.01%

cash

39.5k

+0.4%

net assets

Total assets minus all liabilities

reuseaworld ltd company details

company number

08954610

Type

Private limited with Share Capital

industry

47910 - Retail sale via mail order houses or via Internet

incorporation date

March 2014

age

11

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

TOMKINSON TEAL (LICHFIELD) LLP

auditor

-

address

5 pywell road, willowbrook east industrial esta, corby, northants, NN17 5XJ

Bank

-

Legal Advisor

-

reuseaworld 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 reuseaworld ltd.

reuseaworld 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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reuseaworld ltd Companies House Filings - See Documents

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