redcastle (freeholds) limited
redcastle (freeholds) limited Company Information
Company Number
08975518
Website
topshop.comRegistered Address
c/o teneo financial advisory lim, the colmore building, birmingham, B4 6AT
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
1476 days late
Group Structure
View All
Shareholders
arcadia group ltd 100%
redcastle (freeholds) limited Estimated Valuation
Pomanda estimates the enterprise value of REDCASTLE (FREEHOLDS) LIMITED at £5.6m based on a Turnover of £5.8m and 0.95x industry multiple (adjusted for size and gross margin).
redcastle (freeholds) limited Estimated Valuation
Pomanda estimates the enterprise value of REDCASTLE (FREEHOLDS) LIMITED at £115.3m based on an EBITDA of £15.5m and a 7.44x industry multiple (adjusted for size and gross margin).
redcastle (freeholds) limited Estimated Valuation
Pomanda estimates the enterprise value of REDCASTLE (FREEHOLDS) LIMITED at £167.3m based on Net Assets of £73.8m and 2.27x industry multiple (adjusted for liquidity).
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Redcastle (freeholds) Limited Overview
Redcastle (freeholds) Limited is a live company located in birmingham, B4 6AT with a Companies House number of 08975518. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2014, it's largest shareholder is arcadia group ltd with a 100% stake. Redcastle (freeholds) Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.8m with unknown growth in recent years.
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Redcastle (freeholds) Limited Health Check
Pomanda's financial health check has awarded Redcastle (Freeholds) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
1 Weak
Size
annual sales of £5.8m, make it larger than the average company (£1.9m)
£5.8m - Redcastle (freeholds) Limited
£1.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Redcastle (freeholds) Limited
- - Industry AVG
Production
with a gross margin of 75%, this company has a lower cost of product (37.4%)
75% - Redcastle (freeholds) Limited
37.4% - Industry AVG
Profitability
an operating margin of 263.1% make it more profitable than the average company (6.2%)
263.1% - Redcastle (freeholds) Limited
6.2% - Industry AVG
Employees
with 44 employees, this is above the industry average (19)
- Redcastle (freeholds) Limited
19 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Redcastle (freeholds) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £132.9k, this is equally as efficient (£133.2k)
- Redcastle (freeholds) Limited
£133.2k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (44 days)
7 days - Redcastle (freeholds) Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (34 days)
3 days - Redcastle (freeholds) Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Redcastle (freeholds) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Redcastle (freeholds) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2%, this is a lower level of debt than the average (66.4%)
2% - Redcastle (freeholds) Limited
66.4% - Industry AVG
REDCASTLE (FREEHOLDS) LIMITED financials
Redcastle (Freeholds) Limited's latest turnover from September 2018 is £5.8 million and the company has net assets of £73.8 million. According to their latest financial statements, we estimate that Redcastle (Freeholds) Limited has 44 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|
| Turnover | 5,847,000 | 3,525,000 | 3,308,000 | 0 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 1,462,000 | 2,346,000 | 2,805,000 | 0 | |
| Gross Profit | 4,385,000 | 1,179,000 | 503,000 | 0 | |
| Admin Expenses | -11,000,000 | ||||
| Operating Profit | 15,385,000 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 15,385,000 | 39,352,000 | -17,618,000 | 0 | |
| Tax | -2,850,000 | 999,000 | 777,000 | -1,397 | |
| Profit After Tax | 12,535,000 | 40,351,000 | -16,841,000 | -1,397 | |
| Dividends Paid | 0 | 0 | 0 | 0 | |
| Retained Profit | 12,535,000 | 40,351,000 | -16,841,000 | -1,397 | |
| Employee Costs | 0 | 0 | 0 | 0 | |
| Number Of Employees | |||||
| EBITDA* | 15,498,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|
| Tangible Assets | 24,155,000 | 25,209,000 | 30,696,000 | 43,224 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 43,250,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 24,155,000 | 68,459,000 | 30,696,000 | 43,224 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 117,000 | 152,000 | 37,000 | 0 | 0 |
| Group Debtors | 50,822,000 | 0 | 0 | 2,806 | 0 |
| Misc Debtors | 173,000 | 289,000 | 61,000 | 5 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 51,112,000 | 441,000 | 98,000 | 2,811 | 0 |
| total assets | 75,267,000 | 68,900,000 | 30,794,000 | 46,035 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,000 | 15,000 | 8,000 | 0 | 0 |
| Group/Directors Accounts | 0 | 387,000 | 2,006,000 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 467,000 | 194,000 | 66,000 | 151 | 0 |
| total current liabilities | 483,000 | 596,000 | 2,080,000 | 151 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,003,000 | 2,910,000 | 3,671,000 | 4,000 | 0 |
| total long term liabilities | 1,003,000 | 2,910,000 | 3,671,000 | 4,000 | 0 |
| total liabilities | 1,486,000 | 3,506,000 | 5,751,000 | 4,151 | 0 |
| net assets | 73,781,000 | 65,394,000 | 25,043,000 | 41,884 | 0 |
| total shareholders funds | 73,781,000 | 65,394,000 | 25,043,000 | 41,884 | 0 |
| Sep 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 15,385,000 | ||||
| Depreciation | 113,000 | 210,000 | 291,000 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | -2,850,000 | 999,000 | 777,000 | -1,397 | |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 50,671,000 | 343,000 | 95,189 | 2,811 | 0 |
| Creditors | 1,000 | 7,000 | 8,000 | 0 | 0 |
| Accruals and Deferred Income | 273,000 | 128,000 | 65,849 | 151 | 0 |
| Deferred Taxes & Provisions | -1,907,000 | -761,000 | 3,667,000 | 4,000 | 0 |
| Cash flow from operations | -39,656,000 | ||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | -43,250,000 | 43,250,000 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -387,000 | -1,619,000 | 2,006,000 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 0 | 0 | 0 | 0 | |
| cash flow from financing | -4,535,000 | -1,619,000 | 43,848,116 | 43,281 | |
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
redcastle (freeholds) limited Credit Report and Business Information
Redcastle (freeholds) Limited Competitor Analysis
Perform a competitor analysis for redcastle (freeholds) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
redcastle (freeholds) limited Ownership
REDCASTLE (FREEHOLDS) LIMITED group structure
Redcastle (Freeholds) Limited has no subsidiary companies.
Ultimate parent company
TAVETA LTD
#0057781
2 parents
REDCASTLE (FREEHOLDS) LIMITED
08975518
redcastle (freeholds) limited directors
Redcastle (Freeholds) Limited currently has 3 directors. The longest serving directors include Mr Richard Burchill (Apr 2014) and Mr Stephen Boyce (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Burchill | 52 years | Apr 2014 | - | Director | |
| Mr Stephen Boyce | England | 60 years | Apr 2018 | - | Director |
| Mr Ian Grabiner | 65 years | Dec 2018 | - | Director |
P&L
September 2018turnover
5.8m
+66%
operating profit
15.4m
0%
gross margin
75%
+124.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2018net assets
73.8m
+0.13%
total assets
75.3m
+0.09%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
redcastle (freeholds) limited company details
company number
08975518
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2014
age
10
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
c/o teneo financial advisory lim, the colmore building, birmingham, B4 6AT
last accounts submitted
September 2018
redcastle (freeholds) limited 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 18 charges/mortgages relating to redcastle (freeholds) limited. Currently there are 10 open charges and 8 have been satisfied in the past.
redcastle (freeholds) limited Companies House Filings - See Documents
| date | description | view/download |
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