relish research ltd
relish research ltd Company Information
Company Number
09004715
Next Accounts
28 days late
Industry
Other business support service activities n.e.c.
Shareholders
red c. research limited
Group Structure
View All
Contact
Registered Address
kings lodge london road, west kingsdown, kent, TN15 6AR
Website
www.relishresearch.comrelish research ltd Estimated Valuation
Pomanda estimates the enterprise value of RELISH RESEARCH LTD at £1.1m based on a Turnover of £2.5m and 0.42x industry multiple (adjusted for size and gross margin).
relish research ltd Estimated Valuation
Pomanda estimates the enterprise value of RELISH RESEARCH LTD at £842.5k based on an EBITDA of £284.7k and a 2.96x industry multiple (adjusted for size and gross margin).
relish research ltd Estimated Valuation
Pomanda estimates the enterprise value of RELISH RESEARCH LTD at £1.3m based on Net Assets of £566k and 2.37x industry multiple (adjusted for liquidity).
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Relish Research Ltd Overview
Relish Research Ltd is a live company located in kent, TN15 6AR with a Companies House number of 09004715. 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 red c. research limited with a 100% stake. Relish Research Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.5m with healthy growth in recent years.
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Relish Research Ltd Health Check
Pomanda's financial health check has awarded Relish Research Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £2.5m, make it in line with the average company (£3.1m)
- Relish Research Ltd
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (4.1%)
- Relish Research Ltd
4.1% - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (38.5%)
- Relish Research Ltd
38.5% - Industry AVG
Profitability
an operating margin of 10.8% make it more profitable than the average company (6.5%)
- Relish Research Ltd
6.5% - Industry AVG
Employees
with 29 employees, this is above the industry average (20)
29 - Relish Research Ltd
20 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)
- Relish Research Ltd
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £87.3k, this is less efficient (£141.2k)
- Relish Research Ltd
£141.2k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (40 days)
- Relish Research Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 133 days, this is slower than average (34 days)
- Relish Research Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Relish Research Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (27 weeks)
40 weeks - Relish Research Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.6%, this is a similar level of debt than the average (60.6%)
57.6% - Relish Research Ltd
60.6% - Industry AVG
RELISH RESEARCH LTD financials
Relish Research Ltd's latest turnover from March 2023 is estimated at £2.5 million and the company has net assets of £566 thousand. According to their latest financial statements, Relish Research Ltd has 29 employees and maintains cash reserves of £588 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 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 | 29 | 23 | 21 | 26 | 30 | 30 | 30 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 43,617 | 51,465 | 57,871 | 84,781 | 118,641 | 117,173 | 143,386 | 168,397 | 95,168 |
| Intangible Assets | 0 | 462 | 6,715 | 97,715 | 139,593 | 348,982 | 558,371 | 767,760 | 977,149 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 43,617 | 51,927 | 64,586 | 182,496 | 258,234 | 466,155 | 701,757 | 936,157 | 1,072,317 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 703,522 | 587,779 | 690,534 | 814,642 | 734,756 | 1,134,314 | 882,525 | 952,510 | 807,045 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 93,173 | 131,383 | 0 | 0 | 0 | 0 | 0 |
| Cash | 587,996 | 575,722 | 734,221 | 479,130 | 770,044 | 423,734 | 404,024 | 285,604 | 414,361 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,291,518 | 1,163,501 | 1,517,928 | 1,425,155 | 1,504,800 | 1,558,048 | 1,286,549 | 1,238,114 | 1,221,406 |
| total assets | 1,335,135 | 1,215,428 | 1,582,514 | 1,607,651 | 1,763,034 | 2,024,203 | 1,988,306 | 2,174,271 | 2,293,723 |
| Bank overdraft | 0 | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 762,032 | 883,366 | 122,667 | 191,652 | 1,524,629 | 1,692,173 | 1,679,695 | 1,826,372 | 2,058,274 |
| Group/Directors Accounts | 0 | 0 | 24,504 | 105,414 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 1,492 | 2,617 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 6,502 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 603,571 | 240,770 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 762,032 | 883,366 | 762,234 | 546,955 | 1,524,629 | 1,692,173 | 1,679,695 | 1,826,372 | 2,058,274 |
| loans | 0 | 0 | 40,000 | 322,253 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 1,912 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 13,005 | 0 | 18,423 | 51,724 | 75,734 |
| provisions | 7,058 | 6,388 | 7,022 | 11,462 | 17,082 | 14,265 | 16,743 | 0 | 0 |
| total long term liabilities | 7,058 | 6,388 | 47,022 | 335,627 | 30,087 | 14,265 | 35,166 | 51,724 | 75,734 |
| total liabilities | 769,090 | 889,754 | 809,256 | 882,582 | 1,554,716 | 1,706,438 | 1,714,861 | 1,878,096 | 2,134,008 |
| net assets | 566,045 | 325,674 | 773,258 | 725,069 | 208,318 | 317,765 | 273,445 | 296,175 | 159,715 |
| total shareholders funds | 566,045 | 325,674 | 773,258 | 725,069 | 208,318 | 317,765 | 273,445 | 296,175 | 159,715 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 12,233 | 20,563 | 25,214 | 52,834 | 46,084 | 41,648 | 38,714 | 39,445 | 6,223 |
| Amortisation | 462 | 6,253 | 91,000 | 41,878 | 209,389 | 209,389 | 209,389 | 209,389 | 69,796 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 115,743 | -195,928 | -162,318 | 946,025 | -399,558 | 251,789 | -69,985 | 145,465 | 807,045 |
| Creditors | -121,334 | 760,699 | -68,985 | 191,652 | -167,544 | 12,478 | -146,677 | -231,902 | 2,058,274 |
| Accruals and Deferred Income | 0 | -603,571 | 362,801 | 240,770 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 670 | -634 | -4,440 | 11,462 | 2,817 | -2,478 | 16,743 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | -24,504 | -80,910 | 105,414 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -1,492 | -1,125 | 2,617 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -40,000 | -282,253 | 322,253 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -8,414 | 8,414 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 13,005 | -18,423 | -33,301 | -24,010 | 75,734 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 12,274 | -158,499 | 255,091 | 479,130 | 346,310 | 19,710 | 118,420 | -128,757 | 414,361 |
| overdraft | 0 | -10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 12,274 | -148,499 | 245,091 | 479,130 | 346,310 | 19,710 | 118,420 | -128,757 | 414,361 |
relish research ltd Credit Report and Business Information
Relish Research Ltd Competitor Analysis
Perform a competitor analysis for relish research ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in TN15 area or any other competitors across 12 key performance metrics.
relish research ltd Ownership
RELISH RESEARCH LTD group structure
Relish Research Ltd has no subsidiary companies.
Ultimate parent company
DUN AENGUS INVEST UNLIMITED COMPANY
IE571581
2 parents
RELISH RESEARCH LTD
09004715
relish research ltd directors
Relish Research Ltd currently has 4 directors. The longest serving directors include Mrs. Monique Drummond (Apr 2014) and Mr Simon Thompson (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs. Monique Drummond | United Kingdom | 65 years | Apr 2014 | - | Director |
| Mr Simon Thompson | United Kingdom | 45 years | Sep 2014 | - | Director |
| Mr Richard Colwell | United Kingdom | 54 years | Aug 2023 | - | Director |
| Mr Colm O'Reilly | United Kingdom | 53 years | Aug 2023 | - | Director |
P&L
March 2023turnover
2.5m
+15%
operating profit
272k
0%
gross margin
17.4%
+7.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
566k
+0.74%
total assets
1.3m
+0.1%
cash
588k
+0.02%
net assets
Total assets minus all liabilities
relish research ltd company details
company number
09004715
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2014
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
relish research consultancy ltd (May 2014)
accountant
-
auditor
-
address
kings lodge london road, west kingsdown, kent, TN15 6AR
Bank
-
Legal Advisor
-
relish research 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 found 2 charges/mortgages relating to relish research ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
relish research 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 RELISH RESEARCH LTD. This can take several minutes, an email will notify you when this has completed.
relish research ltd Companies House Filings - See Documents
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