rengen developments limited
rengen developments limited Company Information
Company Number
09421438
Website
http://iesis.netRegistered Address
89-95 redcliff street, bristol, BS1 6LU
Industry
Development of building projects
Telephone
01179227039
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
iesis ltd 100%
rengen developments limited Estimated Valuation
Pomanda estimates the enterprise value of RENGEN DEVELOPMENTS LIMITED at £211.9k based on a Turnover of £376.1k and 0.56x industry multiple (adjusted for size and gross margin).
rengen developments limited Estimated Valuation
Pomanda estimates the enterprise value of RENGEN DEVELOPMENTS LIMITED at £3.8k based on an EBITDA of £929 and a 4.11x industry multiple (adjusted for size and gross margin).
rengen developments limited Estimated Valuation
Pomanda estimates the enterprise value of RENGEN DEVELOPMENTS LIMITED at £40.7k based on Net Assets of £26.3k and 1.55x industry multiple (adjusted for liquidity).
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Rengen Developments Limited Overview
Rengen Developments Limited is a live company located in bristol, BS1 6LU with a Companies House number of 09421438. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2015, it's largest shareholder is iesis ltd with a 100% stake. Rengen Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £376.1k with rapid growth in recent years.
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Rengen Developments Limited Health Check
Pomanda's financial health check has awarded Rengen Developments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £376.1k, make it smaller than the average company (£2.3m)
- Rengen Developments Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (3.2%)
- Rengen Developments Limited
3.2% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Rengen Developments Limited
25.9% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (7.3%)
- Rengen Developments Limited
7.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
- Rengen Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- Rengen Developments Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £188.1k, this is less efficient (£288.6k)
- Rengen Developments Limited
£288.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rengen Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Rengen Developments Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 304 days, this is more than average (167 days)
- Rengen Developments Limited
167 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Rengen Developments Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.7%, this is a higher level of debt than the average (73.9%)
88.7% - Rengen Developments Limited
73.9% - Industry AVG
RENGEN DEVELOPMENTS LIMITED financials
Rengen Developments Limited's latest turnover from July 2023 is estimated at £376.1 thousand and the company has net assets of £26.3 thousand. According to their latest financial statements, we estimate that Rengen Developments Limited has 2 employees and maintains cash reserves of £506 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,210,659 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,316 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1,212,975 |
| Stock & work in progress | 232,322 | 232,322 | 232,322 | 216,805 | 210,193 | 103,644 | 63,471 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,505 |
| Group Debtors | 0 | 0 | 6,700 | 6,700 | 0 | 0 | 1,128,777 | 702,093 | 0 |
| Misc Debtors | 1 | 49 | 12,575 | 8,301 | 6,764 | 10,172 | 43,336 | 20,001 | 0 |
| Cash | 506 | 490 | 556 | 977 | 5 | 8,741 | 1,925 | 503,030 | 11 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 232,829 | 232,861 | 252,153 | 232,783 | 216,962 | 122,557 | 1,237,509 | 1,225,124 | 23,516 |
| total assets | 232,829 | 232,861 | 252,153 | 232,783 | 216,962 | 122,557 | 1,237,509 | 1,225,125 | 1,236,491 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 899 | 1,627 | 19,834 | 16,345 | 17,074 | 19,408 | 511,894 |
| Group/Directors Accounts | 206,513 | 205,361 | 223,380 | 201,171 | 106,768 | 41,273 | 1,066,065 | 1,077,239 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 1,900 | 750 | 1,750 | 62,060 | 28,655 | 84,204 | 71,489 | 0 |
| total current liabilities | 206,513 | 207,261 | 225,029 | 204,548 | 188,662 | 86,273 | 1,167,343 | 1,168,136 | 511,894 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 723,780 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 723,780 |
| total liabilities | 206,513 | 207,261 | 225,029 | 204,548 | 188,662 | 86,273 | 1,167,343 | 1,168,136 | 1,235,674 |
| net assets | 26,316 | 25,600 | 27,124 | 28,235 | 28,300 | 36,284 | 70,166 | 56,989 | 817 |
| total shareholders funds | 26,316 | 25,600 | 27,124 | 28,235 | 28,300 | 36,284 | 70,166 | 56,989 | 817 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 15,517 | 6,612 | 106,549 | 40,173 | 63,471 | 0 | 0 |
| Debtors | -48 | -19,226 | 4,274 | 8,237 | -3,408 | -1,161,941 | 450,019 | 696,273 | 25,821 |
| Creditors | 0 | -899 | -728 | -18,207 | 3,489 | -729 | -2,334 | -492,486 | 511,894 |
| Accruals and Deferred Income | -1,900 | 1,150 | -1,000 | -60,310 | 33,405 | -55,549 | 12,715 | 71,489 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | -1 | 1 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,152 | -18,019 | 22,209 | 94,403 | 65,495 | -1,024,792 | -11,174 | 1,077,239 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -723,780 | 723,780 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 16 | -66 | -421 | 972 | -8,736 | 6,816 | -501,105 | 503,019 | 11 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 16 | -66 | -421 | 972 | -8,736 | 6,816 | -501,105 | 503,019 | 11 |
rengen developments limited Credit Report and Business Information
Rengen Developments Limited Competitor Analysis
Perform a competitor analysis for rengen developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BS1 area or any other competitors across 12 key performance metrics.
rengen developments limited Ownership
RENGEN DEVELOPMENTS LIMITED group structure
Rengen Developments Limited has no subsidiary companies.
rengen developments limited directors
Rengen Developments Limited currently has 2 directors. The longest serving directors include Mr Robert Lewis (Feb 2015) and Mr David Steadman (Feb 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Lewis | England | 52 years | Feb 2015 | - | Director |
| Mr David Steadman | 48 years | Feb 2015 | - | Director |
P&L
July 2023turnover
376.1k
+8%
operating profit
929.8
0%
gross margin
25.9%
+6.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
26.3k
+0.03%
total assets
232.8k
0%
cash
506
+0.03%
net assets
Total assets minus all liabilities
rengen developments limited company details
company number
09421438
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 2015
age
9
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
iesis (wellsway) limited (March 2017)
last accounts submitted
July 2023
address
89-95 redcliff street, bristol, BS1 6LU
accountant
-
auditor
-
rengen developments 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 rengen developments limited.
rengen developments limited Companies House Filings - See Documents
| date | description | view/download |
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