reed wellbeing limited
reed wellbeing limited Company Information
Company Number
09449184
Next Accounts
Mar 2025
Shareholders
reed in partnership limited
Group Structure
View All
Industry
Physical well-being activities
Registered Address
academy court 94 chancery lane, london, WC2A 1DT
Website
www.reedglobal.comreed wellbeing limited Estimated Valuation
Pomanda estimates the enterprise value of REED WELLBEING LIMITED at £7.6m based on a Turnover of £9.8m and 0.78x industry multiple (adjusted for size and gross margin).
reed wellbeing limited Estimated Valuation
Pomanda estimates the enterprise value of REED WELLBEING LIMITED at £0 based on an EBITDA of £-1.1m and a 5.02x industry multiple (adjusted for size and gross margin).
reed wellbeing limited Estimated Valuation
Pomanda estimates the enterprise value of REED WELLBEING LIMITED at £517.7k based on Net Assets of £249k and 2.08x industry multiple (adjusted for liquidity).
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Reed Wellbeing Limited Overview
Reed Wellbeing Limited is a live company located in london, WC2A 1DT with a Companies House number of 09449184. It operates in the physical well-being activities sector, SIC Code 96040. Founded in February 2015, it's largest shareholder is reed in partnership limited with a 100% stake. Reed Wellbeing Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.8m with rapid growth in recent years.
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Reed Wellbeing Limited Health Check
Pomanda's financial health check has awarded Reed Wellbeing Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £9.8m, make it larger than the average company (£137.5k)
£9.8m - Reed Wellbeing Limited
£137.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (8.1%)
31% - Reed Wellbeing Limited
8.1% - Industry AVG
Production
with a gross margin of 60.5%, this company has a higher cost of product (77.5%)
60.5% - Reed Wellbeing Limited
77.5% - Industry AVG
Profitability
an operating margin of -12.1% make it less profitable than the average company (8.5%)
-12.1% - Reed Wellbeing Limited
8.5% - Industry AVG
Employees
with 160 employees, this is above the industry average (5)
160 - Reed Wellbeing Limited
5 - Industry AVG
Pay Structure
on an average salary of £39.2k, the company has a higher pay structure (£19.2k)
£39.2k - Reed Wellbeing Limited
£19.2k - Industry AVG
Efficiency
resulting in sales per employee of £61k, this is more efficient (£43.1k)
£61k - Reed Wellbeing Limited
£43.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (18 days)
1 days - Reed Wellbeing Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (66 days)
11 days - Reed Wellbeing Limited
66 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (33 days)
5 days - Reed Wellbeing Limited
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (170 weeks)
9 weeks - Reed Wellbeing Limited
170 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.8%, this is a higher level of debt than the average (29.3%)
90.8% - Reed Wellbeing Limited
29.3% - Industry AVG
REED WELLBEING LIMITED financials
Reed Wellbeing Limited's latest turnover from June 2023 is £9.8 million and the company has net assets of £249 thousand. According to their latest financial statements, Reed Wellbeing Limited has 160 employees and maintains cash reserves of £428 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 9,765,000 | 8,671,000 | 5,202,000 | 4,362,139 | 5,218,875 | 4,311,943 | 1,299,685 | 180,689 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 3,859,000 | 2,341,000 | 1,304,000 | 1,203,859 | 1,389,154 | 1,609,309 | 507,639 | 85,837 |
| Gross Profit | 5,906,000 | 6,330,000 | 3,898,000 | 3,158,280 | 3,829,721 | 2,702,634 | 792,046 | 94,852 |
| Admin Expenses | 7,084,000 | 5,079,000 | 3,572,000 | 3,410,732 | 3,106,820 | 2,835,138 | 1,096,747 | 277,657 |
| Operating Profit | -1,178,000 | 1,251,000 | 326,000 | -252,452 | 722,901 | -132,504 | -304,701 | -182,805 |
| Interest Payable | 5,000 | 8,223 | 6,274 | 5,669 | 2,880 | |||
| Interest Receivable | ||||||||
| Pre-Tax Profit | -1,178,000 | 1,251,000 | 321,000 | -260,675 | 716,627 | -138,173 | -307,581 | -182,805 |
| Tax | 294,000 | -236,000 | -57,000 | 48,482 | -128,025 | 22,349 | 50,424 | 32,905 |
| Profit After Tax | -884,000 | 1,015,000 | 264,000 | -212,193 | 588,602 | -115,824 | -257,157 | -149,900 |
| Dividends Paid | ||||||||
| Retained Profit | -884,000 | 1,015,000 | 264,000 | -212,193 | 588,602 | -115,824 | -257,157 | -149,900 |
| Employee Costs | 6,269,000 | 4,551,000 | 2,657,000 | 2,562,652 | 1,951,041 | 1,623,237 | 512,163 | 156,293 |
| Number Of Employees | 160 | 125 | 79 | 69 | 64 | 58 | 12 | 4 |
| EBITDA* | -1,072,000 | 1,320,000 | 378,000 | -225,744 | 745,269 | -103,844 | -295,675 | -182,393 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 53,000 | 156,000 | 116,000 | 129,184 | 43,776 | 57,710 | 8,178 | 14,088 |
| Intangible Assets | ||||||||
| Investments & Other | 292,000 | |||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 345,000 | 156,000 | 116,000 | 129,184 | 43,776 | 57,710 | 8,178 | 14,088 |
| Stock & work in progress | 55,000 | 84,000 | 38,000 | 30,263 | 62,335 | 45,576 | 6,064 | 13,696 |
| Trade Debtors | 43,000 | 127,000 | 179,000 | 174,584 | 420,642 | 450,355 | 172,406 | 11,400 |
| Group Debtors | ||||||||
| Misc Debtors | 1,827,000 | 1,538,000 | 1,172,000 | 902,552 | 741,386 | 1,006,966 | 426,670 | 165,431 |
| Cash | 428,000 | 900,000 | 108,000 | 199,841 | 50,000 | 148,878 | 101,825 | 40,378 |
| misc current assets | ||||||||
| total current assets | 2,353,000 | 2,649,000 | 1,497,000 | 1,307,240 | 1,274,363 | 1,651,775 | 706,965 | 230,905 |
| total assets | 2,698,000 | 2,805,000 | 1,613,000 | 1,436,424 | 1,318,139 | 1,709,485 | 715,143 | 244,993 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 121,000 | 101,000 | 89,000 | 183,663 | 147,653 | 173,647 | 32,062 | 114,147 |
| Group/Directors Accounts | 767,000 | 335,000 | 685,000 | 1,107,862 | 823,277 | 1,571,945 | 845,219 | 150,000 |
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 1,503,000 | 1,180,000 | 675,000 | 267,637 | 265,959 | 479,452 | 189,365 | 99,495 |
| total current liabilities | 2,391,000 | 1,616,000 | 1,449,000 | 1,559,162 | 1,236,889 | 2,225,044 | 1,066,646 | 363,642 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 58,000 | 56,000 | 46,000 | 23,634 | 15,429 | 7,222 | 55,454 | 31,151 |
| total long term liabilities | 58,000 | 56,000 | 46,000 | 23,634 | 15,429 | 7,222 | 55,454 | 31,151 |
| total liabilities | 2,449,000 | 1,672,000 | 1,495,000 | 1,582,796 | 1,252,318 | 2,232,266 | 1,122,100 | 394,793 |
| net assets | 249,000 | 1,133,000 | 118,000 | -146,372 | 65,821 | -522,781 | -406,957 | -149,800 |
| total shareholders funds | 249,000 | 1,133,000 | 118,000 | -146,372 | 65,821 | -522,781 | -406,957 | -149,800 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -1,178,000 | 1,251,000 | 326,000 | -252,452 | 722,901 | -132,504 | -304,701 | -182,805 |
| Depreciation | 106,000 | 69,000 | 52,000 | 26,708 | 22,368 | 28,660 | 9,026 | 412 |
| Amortisation | ||||||||
| Tax | 294,000 | -236,000 | -57,000 | 48,482 | -128,025 | 22,349 | 50,424 | 32,905 |
| Stock | -29,000 | 46,000 | 7,737 | -32,072 | 16,759 | 39,512 | -7,632 | 13,696 |
| Debtors | 205,000 | 314,000 | 273,864 | -84,892 | -295,293 | 858,245 | 422,245 | 176,831 |
| Creditors | 20,000 | 12,000 | -94,663 | 36,010 | -25,994 | 141,585 | -82,085 | 114,147 |
| Accruals and Deferred Income | 323,000 | 505,000 | 407,363 | 1,678 | -213,493 | 290,087 | 89,870 | 99,495 |
| Deferred Taxes & Provisions | 2,000 | 10,000 | 22,366 | 8,205 | 8,207 | -48,232 | 24,303 | 31,151 |
| Cash flow from operations | -609,000 | 1,251,000 | 374,465 | -14,405 | 664,498 | -595,812 | -627,776 | -95,222 |
| Investing Activities | ||||||||
| capital expenditure | -78,192 | -3,116 | ||||||
| Change in Investments | 292,000 | |||||||
| cash flow from investments | -292,000 | -78,192 | -3,116 | |||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | 432,000 | -350,000 | -422,862 | 284,585 | -748,668 | 726,726 | 695,219 | 150,000 |
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | -5,000 | -8,223 | -6,274 | -5,669 | -2,880 | |||
| cash flow from financing | 432,000 | -350,000 | -427,490 | 276,362 | -754,942 | 721,057 | 692,339 | 150,100 |
| cash and cash equivalents | ||||||||
| cash | -472,000 | 792,000 | -91,841 | 149,841 | -98,878 | 47,053 | 61,447 | 40,378 |
| overdraft | ||||||||
| change in cash | -472,000 | 792,000 | -91,841 | 149,841 | -98,878 | 47,053 | 61,447 | 40,378 |
reed wellbeing limited Credit Report and Business Information
Reed Wellbeing Limited Competitor Analysis
Perform a competitor analysis for reed wellbeing limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in WC2A area or any other competitors across 12 key performance metrics.
reed wellbeing limited Ownership
REED WELLBEING LIMITED group structure
Reed Wellbeing Limited has no subsidiary companies.
Ultimate parent company
2 parents
REED WELLBEING LIMITED
09449184
reed wellbeing limited directors
Reed Wellbeing Limited currently has 3 directors. The longest serving directors include Ms Donna Murrell (Oct 2015) and Ms Carla Alexander (Feb 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Donna Murrell | England | 45 years | Oct 2015 | - | Director |
| Ms Carla Alexander | United Kingdom | 41 years | Feb 2019 | - | Director |
| Mr Steven Beggs | United Kingdom | 49 years | Feb 2019 | - | Director |
P&L
June 2023turnover
9.8m
+13%
operating profit
-1.2m
-194%
gross margin
60.5%
-17.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
249k
-0.78%
total assets
2.7m
-0.04%
cash
428k
-0.52%
net assets
Total assets minus all liabilities
reed wellbeing limited company details
company number
09449184
Type
Private limited with Share Capital
industry
96040 - Physical well-being activities
incorporation date
February 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
reed momenta limited (July 2019)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
academy court 94 chancery lane, london, WC2A 1DT
Bank
BARCLAYS BANK PLC
Legal Advisor
-
reed wellbeing 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 reed wellbeing limited.
reed wellbeing limited 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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reed wellbeing limited Companies House Filings - See Documents
| date | description | view/download |
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