redactus limited
redactus limited Company Information
Company Number
09319790
Website
-Registered Address
158 cromwell road, salford, M6 6DE
Industry
Other information technology and computer service activities
Telephone
01617381520
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
redactus holdings limited 100%
redactus limited Estimated Valuation
Pomanda estimates the enterprise value of REDACTUS LIMITED at £1.5m based on a Turnover of £2.6m and 0.57x industry multiple (adjusted for size and gross margin).
redactus limited Estimated Valuation
Pomanda estimates the enterprise value of REDACTUS LIMITED at £0 based on an EBITDA of £-420.6k and a 3.99x industry multiple (adjusted for size and gross margin).
redactus limited Estimated Valuation
Pomanda estimates the enterprise value of REDACTUS LIMITED at £0 based on Net Assets of £-5m and 0.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Redactus Limited Overview
Redactus Limited is a live company located in salford, M6 6DE with a Companies House number of 09319790. It operates in the other information technology service activities sector, SIC Code 62090. Founded in November 2014, it's largest shareholder is redactus holdings limited with a 100% stake. Redactus Limited is a established, small sized company, Pomanda has estimated its turnover at £2.6m with high growth in recent years.
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Redactus Limited Health Check
Pomanda's financial health check has awarded Redactus Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£6.6m)
- Redactus Limited
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (5.4%)
- Redactus Limited
5.4% - Industry AVG
Production
with a gross margin of 27%, this company has a higher cost of product (51.8%)
- Redactus Limited
51.8% - Industry AVG
Profitability
an operating margin of -16% make it less profitable than the average company (3.7%)
- Redactus Limited
3.7% - Industry AVG
Employees
with 7 employees, this is below the industry average (43)
7 - Redactus Limited
43 - Industry AVG
Pay Structure
on an average salary of £68k, the company has an equivalent pay structure (£68k)
- Redactus Limited
£68k - Industry AVG
Efficiency
resulting in sales per employee of £376.3k, this is more efficient (£162k)
- Redactus Limited
£162k - Industry AVG
Debtor Days
it gets paid by customers after 145 days, this is later than average (56 days)
- Redactus Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 212 days, this is slower than average (36 days)
- Redactus Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Redactus Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Redactus Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 575.3%, this is a higher level of debt than the average (63.9%)
575.3% - Redactus Limited
63.9% - Industry AVG
REDACTUS LIMITED financials
Redactus Limited's latest turnover from December 2022 is estimated at £2.6 million and the company has net assets of -£5 million. According to their latest financial statements, Redactus Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 7 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,785 | 8,537 | 3,222,877 | 2,146,622 | 9,052 | 2,718 | 2,842 | 438 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,785 | 8,537 | 3,222,877 | 2,146,622 | 9,052 | 2,718 | 2,842 | 438 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 326,682 | 0 |
| Trade Debtors | 1,047,777 | 560,206 | 20,918 | 24,223 | 2,126,820 | 1,050,015 | 2,478 | 111 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 5,357 | 3,144 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,047,777 | 560,206 | 20,918 | 24,223 | 2,126,820 | 1,050,015 | 334,517 | 3,255 |
| total assets | 1,055,562 | 568,743 | 3,243,795 | 2,170,845 | 2,135,872 | 1,052,733 | 337,359 | 3,693 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,120,107 | 232,932 | 4,312,167 | 3,213,271 | 2,167,051 | 1,060,536 | 334,580 | 3,622 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 2,658 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,120,107 | 232,932 | 4,312,167 | 3,213,271 | 2,169,709 | 1,060,536 | 334,580 | 3,622 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,500 | 2,250 | 1,000 | 1,000 | 1,740 | 0 | 0 | 0 |
| other liabilities | 4,950,294 | 4,930,294 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,952,794 | 4,932,544 | 1,000 | 1,000 | 1,740 | 0 | 0 | 0 |
| total liabilities | 6,072,901 | 5,165,476 | 4,313,167 | 3,214,271 | 2,171,449 | 1,060,536 | 334,580 | 3,622 |
| net assets | -5,017,339 | -4,596,733 | -1,069,372 | -1,043,426 | -35,577 | -7,803 | 2,779 | 71 |
| total shareholders funds | -5,017,339 | -4,596,733 | -1,069,372 | -1,043,426 | -35,577 | -7,803 | 2,779 | 71 |
| Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 710 | 110 | ||||||
| Amortisation | 0 | 0 | 0 | |||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -326,682 | 326,682 | 0 |
| Debtors | 487,571 | 539,288 | -3,305 | -2,102,597 | 1,076,805 | 1,047,537 | 2,367 | 111 |
| Creditors | 887,175 | -4,079,235 | 1,098,896 | 1,046,220 | 1,106,515 | 725,956 | 330,958 | 3,622 |
| Accruals and Deferred Income | 250 | 1,250 | 0 | -740 | 1,740 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -2,658 | 2,658 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 20,000 | 4,930,294 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -5,357 | 2,213 | 3,144 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -5,357 | 2,213 | 3,144 |
redactus limited Credit Report and Business Information
Redactus Limited Competitor Analysis
Perform a competitor analysis for redactus limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in M 6 area or any other competitors across 12 key performance metrics.
redactus limited Ownership
REDACTUS LIMITED group structure
Redactus Limited has no subsidiary companies.
redactus limited directors
Redactus Limited currently has 3 directors. The longest serving directors include Mr Joshua Sternlicht (Dec 2019) and Mr Joshua Sternlicht (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joshua Sternlicht | England | 59 years | Dec 2019 | - | Director |
| Mr Joshua Sternlicht | 59 years | Dec 2019 | - | Director | |
| Mr Gershon Sternlicht | England | 38 years | Dec 2019 | - | Director |
P&L
December 2022turnover
2.6m
+105%
operating profit
-420.6k
0%
gross margin
27.1%
+2.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-5m
+0.09%
total assets
1.1m
+0.86%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
redactus limited company details
company number
09319790
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
November 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
158 cromwell road, salford, M6 6DE
accountant
-
auditor
-
redactus 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 did not find charges/mortgages relating to redactus limited.
redactus limited Companies House Filings - See Documents
| date | description | view/download |
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