redcard properties limited
redcard properties limited Company Information
Company Number
09510564
Website
-Registered Address
mynshull house 78 churchgate, stockport, cheshire, SK1 1YJ
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
assembly property holdings ltd 100%
redcard properties limited Estimated Valuation
Pomanda estimates the enterprise value of REDCARD PROPERTIES LIMITED at £1m based on a Turnover of £308.5k and 3.25x industry multiple (adjusted for size and gross margin).
redcard properties limited Estimated Valuation
Pomanda estimates the enterprise value of REDCARD PROPERTIES LIMITED at £0 based on an EBITDA of £-551 and a 7.05x industry multiple (adjusted for size and gross margin).
redcard properties limited Estimated Valuation
Pomanda estimates the enterprise value of REDCARD PROPERTIES LIMITED at £197.3k based on Net Assets of £121.8k and 1.62x industry multiple (adjusted for liquidity).
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Redcard Properties Limited Overview
Redcard Properties Limited is a live company located in cheshire, SK1 1YJ with a Companies House number of 09510564. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2015, it's largest shareholder is assembly property holdings ltd with a 100% stake. Redcard Properties Limited is a young, micro sized company, Pomanda has estimated its turnover at £308.5k with declining growth in recent years.
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Redcard Properties Limited Health Check
Pomanda's financial health check has awarded Redcard Properties Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £308.5k, make it smaller than the average company (£836.7k)
- Redcard Properties Limited
£836.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (2.3%)
- Redcard Properties Limited
2.3% - Industry AVG
Production
with a gross margin of 73.1%, this company has a comparable cost of product (73.1%)
- Redcard Properties Limited
73.1% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (27.1%)
- Redcard Properties Limited
27.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Redcard Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Redcard Properties Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £102.8k, this is less efficient (£182k)
- Redcard Properties Limited
£182k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Redcard Properties Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (36 days)
- Redcard Properties Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Redcard Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Redcard Properties Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.7%, this is a higher level of debt than the average (67.5%)
89.7% - Redcard Properties Limited
67.5% - Industry AVG
REDCARD PROPERTIES LIMITED financials
Redcard Properties Limited's latest turnover from June 2023 is estimated at £308.5 thousand and the company has net assets of £121.8 thousand. According to their latest financial statements, Redcard Properties Limited has 3 employees and maintains cash reserves of £6.3 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 | ||||||||
| 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 | 3 | 3 | 3 | 3 | ||||
| EBITDA* |
* 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 | 0 | 0 | 0 | 0 | 1,890,359 | 1,890,359 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,150,000 | 1,150,000 | 1,150,000 | 1,150,000 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,150,000 | 1,150,000 | 1,150,000 | 1,150,000 | 1,890,359 | 1,890,359 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 52,252 | 37,200 | 27,462 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 21,250 | 26,249 | 26,069 | 26,069 | 0 | 0 | 0 | 0 |
| Cash | 6,316 | 12,976 | 22,363 | 1,709 | 1,074 | 28,480 | 10 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 27,566 | 39,225 | 100,684 | 64,978 | 28,536 | 28,480 | 10 | 0 |
| total assets | 1,177,566 | 1,189,225 | 1,250,684 | 1,214,978 | 1,918,895 | 1,918,839 | 10 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 180 | 0 | 0 | 0 | 1,224,607 | 1,309,010 | 0 | 0 |
| Group/Directors Accounts | 1,016,491 | 1,028,811 | 1,117,634 | 1,110,677 | 0 | 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 | 39,101 | 38,551 | 38,487 | 43,503 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,055,772 | 1,067,362 | 1,156,121 | 1,154,180 | 1,224,607 | 1,309,010 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 112,154 | 112,154 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 112,154 | 112,154 | 0 | 0 |
| total liabilities | 1,055,772 | 1,067,362 | 1,156,121 | 1,154,180 | 1,336,761 | 1,421,164 | 0 | 0 |
| net assets | 121,794 | 121,863 | 94,563 | 60,798 | 582,134 | 497,675 | 10 | 0 |
| total shareholders funds | 121,794 | 121,863 | 94,563 | 60,798 | 582,134 | 497,675 | 10 | 0 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,999 | -52,072 | 15,052 | 35,807 | 27,462 | 0 | 0 | 0 |
| Creditors | 180 | 0 | 0 | -1,224,607 | -84,403 | 1,309,010 | 0 | 0 |
| Accruals and Deferred Income | 550 | 64 | -5,016 | 43,503 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -112,154 | 0 | 112,154 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 1,150,000 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -12,320 | -88,823 | 6,957 | 1,110,677 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -6,660 | -9,387 | 20,654 | 635 | -27,406 | 28,470 | 10 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -6,660 | -9,387 | 20,654 | 635 | -27,406 | 28,470 | 10 | 0 |
redcard properties limited Credit Report and Business Information
Redcard Properties Limited Competitor Analysis
Perform a competitor analysis for redcard properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SK1 area or any other competitors across 12 key performance metrics.
redcard properties limited Ownership
REDCARD PROPERTIES LIMITED group structure
Redcard Properties Limited has no subsidiary companies.
Ultimate parent company
1 parent
REDCARD PROPERTIES LIMITED
09510564
redcard properties limited directors
Redcard Properties Limited currently has 3 directors. The longest serving directors include Mr Michael Hewitt (Mar 2015) and Mr Edward Blood (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Hewitt | 67 years | Mar 2015 | - | Director | |
| Mr Edward Blood | United Kingdom | 58 years | Mar 2015 | - | Director |
| Mr Simon Merry | 63 years | Mar 2015 | - | Director |
P&L
June 2023turnover
308.5k
-34%
operating profit
-551.3
0%
gross margin
73.2%
+1.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
121.8k
0%
total assets
1.2m
-0.01%
cash
6.3k
-0.51%
net assets
Total assets minus all liabilities
Similar Companies
redcard properties limited company details
company number
09510564
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
March 2015
age
9
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
mynshull house 78 churchgate, stockport, cheshire, SK1 1YJ
accountant
WARR & CO LIMITED
auditor
-
redcard properties 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 redcard properties limited.
redcard properties limited Companies House Filings - See Documents
| date | description | view/download |
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