Pomanda estimates the enterprise value of RIDOWN LIMITED at £1.4m based on a Turnover of £716.8k and 1.89x industry multiple (adjusted for size and gross margin).
ridown limitedEstimated Valuation
£1.6m
Pomanda estimates the enterprise value of RIDOWN LIMITED at £1.6m based on an EBITDA of £317.5k and a 5.07x industry multiple (adjusted for size and gross margin).
ridown limitedEstimated Valuation
£4.8m
Pomanda estimates the enterprise value of RIDOWN LIMITED at £4.8m based on Net Assets of £2.4m and 1.96x industry multiple (adjusted for liquidity).
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Ridown LimitedOverview
Ridown Limited is a live company located in fareham, PO15 7FN with a Companies House number of 09556734. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2015, it's largest shareholder is
darren ridge
with a 80% stake. Ridown Limited is a established,
small sized company, Pomanda has estimated its turnover at
£716.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Ridown Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £716.8k, make it smaller than the average company (£2m)
£716.8k - Ridown Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (5.4%)
-20% - Ridown Limited
5.4% - Industry AVG
Production
with a gross margin of 58%, this company has a comparable cost of product (58%)
58% - Ridown Limited
58% - Industry AVG
Profitability
an operating margin of 43.2% make it more profitable than the average company (13.6%)
43.2% - Ridown Limited
13.6% - Industry AVG
Employees
with 5 employees, this is below the industry average (13)
5 - Ridown Limited
13 - Industry AVG
Pay Structure
on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)
£43.6k - Ridown Limited
£43.6k - Industry AVG
Efficiency
resulting in sales per employee of £143.4k, this is equally as efficient (£164k)
£143.4k - Ridown Limited
£164k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (45 days)
63 days - Ridown Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (32 days)
1 days - Ridown Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ridown Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 54 weeks, this is more cash available to meet short term requirements (17 weeks)
54 weeks - Ridown Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.9%, this is a lower level of debt than the average (62.4%)
36.9% - Ridown Limited
62.4% - Industry AVG
RIDOWN LIMITED financials
EXPORT
Ridown Limited's latest turnover from December 2023 is estimated at £716.8 thousand and the company has net assets of £2.4 million. According to their latest financial statements, we estimate that Ridown Limited has 5 employees and maintains cash reserves of £94.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Turnover
716,846
692,412
532,537
1,392,904
2,014,181
1,734,591
1,299,635
3,247,081
271,347
Other Income Or Grants
Cost Of Sales
301,190
297,917
237,133
611,028
900,973
763,755
551,027
1,310,574
117,037
Gross Profit
415,657
394,496
295,405
781,876
1,113,208
970,837
748,608
1,936,507
154,310
Admin Expenses
105,854
156,925
26,867
557,108
1,012,391
794,261
675,951
2,078,032
-1,396,897
Operating Profit
309,803
237,571
268,538
224,768
100,817
176,576
72,657
-141,525
1,551,207
Interest Payable
132,356
123,358
84,094
84,943
97,166
100,339
66,905
17,145
Interest Receivable
2,781
3,603
478
94
57
57
426
252
81
Pre-Tax Profit
180,228
117,817
184,922
139,920
3,707
76,295
6,178
-158,417
1,551,289
Tax
-45,057
-22,385
-35,135
-26,585
-704
-14,496
-1,174
-310,258
Profit After Tax
135,171
95,432
149,787
113,335
3,003
61,799
5,004
-158,417
1,241,031
Dividends Paid
Retained Profit
135,171
95,432
149,787
113,335
3,003
61,799
5,004
-158,417
1,241,031
Employee Costs
217,816
206,330
197,359
418,257
577,679
483,453
357,462
352,769
70,986
Number Of Employees
5
5
5
11
15
13
10
10
2
EBITDA*
317,493
240,738
272,874
230,813
110,127
191,106
92,758
-113,991
1,573,119
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Tangible Assets
68,957
13,776
16,943
21,279
27,324
36,634
51,164
71,265
1,332,219
Intangible Assets
Investments & Other
3,097,848
3,160,348
3,160,348
3,160,348
2,105,348
2,105,348
2,105,348
2,105,348
Debtors (Due After 1 year)
Total Fixed Assets
3,166,805
3,174,124
3,177,291
3,181,627
2,132,672
2,141,982
2,156,512
2,176,613
1,332,219
Stock & work in progress
Trade Debtors
125,475
124,308
68,626
168,685
235,390
238,798
174,207
542,492
30,513
Group Debtors
150,000
Misc Debtors
458,440
466,308
429,432
432,066
472,843
536,628
663,128
89,883
132,282
Cash
94,363
11,579
194,328
188,136
828
14,281
1,019
169,347
32,527
misc current assets
16,579
16,579
16,579
16,580
21,489
16,579
16,579
1
total current assets
694,857
768,774
708,965
805,467
730,550
806,286
854,933
801,722
195,323
total assets
3,861,662
3,942,898
3,886,256
3,987,094
2,863,222
2,948,268
3,011,445
2,978,335
1,527,542
Bank overdraft
47,000
47,000
47,000
47,000
47,000
47,000
47,000
Bank loan
28,875
Trade Creditors
1,330
1,704
260,618
248,820
523,457
Group/Directors Accounts
other short term finances
hp & lease commitments
13,730
other current liabilities
27,277
36,820
93,614
297,239
294,702
75,133
164,907
823,539
285,969
total current liabilities
89,337
85,524
140,614
344,239
341,702
382,751
460,727
1,375,871
285,969
loans
1,031,000
1,228,000
1,275,000
1,322,000
1,369,000
1,416,000
1,463,000
519,750
hp & lease commitments
54,905
Accruals and Deferred Income
other liabilities
provisions
248,125
263,750
200,450
200,450
442
total long term liabilities
1,334,030
1,491,750
1,475,450
1,522,450
1,369,000
1,416,000
1,463,000
519,750
442
total liabilities
1,423,367
1,577,274
1,616,064
1,866,689
1,710,702
1,798,751
1,923,727
1,895,621
286,411
net assets
2,438,295
2,365,624
2,270,192
2,120,405
1,152,520
1,149,517
1,087,718
1,082,714
1,241,131
total shareholders funds
2,438,295
2,365,624
2,270,192
2,120,405
1,152,520
1,149,517
1,087,718
1,082,714
1,241,131
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Operating Activities
Operating Profit
309,803
237,571
268,538
224,768
100,817
176,576
72,657
-141,525
1,551,207
Depreciation
7,690
3,167
4,336
6,045
9,310
14,530
20,101
27,534
21,912
Amortisation
Tax
-45,057
-22,385
-35,135
-26,585
-704
-14,496
-1,174
-310,258
Stock
Debtors
-156,701
242,558
-102,693
-107,482
-67,193
-61,909
204,960
469,580
162,795
Creditors
-374
1,704
-260,618
11,798
-274,637
523,457
Accruals and Deferred Income
-9,543
-56,794
-203,625
2,537
219,569
-89,774
-658,632
537,570
285,969
Deferred Taxes & Provisions
-15,625
63,300
200,450
-442
442
Cash flow from operations
403,595
-15,995
136,807
514,697
135,567
160,543
-1,046,645
477,014
1,386,477
Investing Activities
capital expenditure
-62,871
1,233,420
-1,354,131
Change in Investments
-62,500
1,055,000
2,105,348
cash flow from investments
-371
-1,055,000
-871,928
-1,354,131
Financing Activities
Bank loans
-28,875
28,875
Group/Directors Accounts
Other Short Term Loans
Long term loans
-197,000
-47,000
-47,000
-47,000
-47,000
-47,000
943,250
519,750
Hire Purchase and Lease Commitments
68,635
other long term liabilities
share issue
-62,500
854,550
100
interest
-129,575
-119,755
-83,616
-84,849
-97,109
-100,282
-66,479
-16,893
81
cash flow from financing
-320,440
-166,755
-130,616
722,701
-144,109
-147,282
847,896
531,732
181
cash and cash equivalents
cash
82,784
-182,749
6,192
187,308
-13,453
13,262
-168,328
136,820
32,527
overdraft
47,000
change in cash
82,784
-182,749
6,192
187,308
-13,453
13,262
-215,328
136,820
32,527
ridown limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ridown limited. Get real-time insights into ridown limited's credit score, group structure and payment trends.
Perform a competitor analysis for ridown limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in PO15 area or any other competitors across 12 key performance metrics.
ridown limited Ownership
RIDOWN LIMITED group structure
Ridown Limited has no subsidiary companies.
Ultimate parent company
RIDOWN LIMITED
09556734
RIDOWN LIMITED Shareholders
The largest shareholders in Ridown Limited include Darren Ridge and Aaron Brown.
darren ridge
80%
aaron brown
20%
ridown limited directors
Ridown Limited currently has 2 directors.
The longest serving directors include
Mr Darren Ridge (Apr 2015) and
Mr Aaron Brown (Apr 2015).
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 ridown limited.
ridown 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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ridown limitedCompanies House Filings - See Documents
