rescind ventures ltd
rescind ventures ltd Company Information
Company Number
09600811
Next Accounts
Feb 2026
Directors
Shareholders
emmanuel akinsola
folarin akinsola
Group Structure
View All
Industry
Other human health activities
Registered Address
170 bracondale road, london, SE2 9EF
Website
-rescind ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of RESCIND VENTURES LTD at £9.3k based on a Turnover of £21.1k and 0.44x industry multiple (adjusted for size and gross margin).
rescind ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of RESCIND VENTURES LTD at £0 based on an EBITDA of £-100 and a 3.35x industry multiple (adjusted for size and gross margin).
rescind ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of RESCIND VENTURES LTD at £0 based on Net Assets of £-26.5k and 2.49x industry multiple (adjusted for liquidity).
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Rescind Ventures Ltd Overview
Rescind Ventures Ltd is a live company located in london, SE2 9EF with a Companies House number of 09600811. It operates in the other human health activities sector, SIC Code 86900. Founded in May 2015, it's largest shareholder is emmanuel akinsola with a 50% stake. Rescind Ventures Ltd is a established, micro sized company, Pomanda has estimated its turnover at £21.1k with healthy growth in recent years.
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Rescind Ventures Ltd Health Check
Pomanda's financial health check has awarded Rescind Ventures Ltd 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
1 Regular
7 Weak
Size
annual sales of £21.1k, make it smaller than the average company (£682.6k)
- Rescind Ventures Ltd
£682.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.1%)
- Rescind Ventures Ltd
8.1% - Industry AVG
Production
with a gross margin of 22.7%, this company has a higher cost of product (38.6%)
- Rescind Ventures Ltd
38.6% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (5.4%)
- Rescind Ventures Ltd
5.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
1 - Rescind Ventures Ltd
17 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£27.5k)
- Rescind Ventures Ltd
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £21.1k, this is less efficient (£49.1k)
- Rescind Ventures Ltd
£49.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (20 days)
- Rescind Ventures Ltd
20 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Rescind Ventures Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rescind Ventures Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rescind Ventures Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2650400%, this is a higher level of debt than the average (24.7%)
2650400% - Rescind Ventures Ltd
24.7% - Industry AVG
RESCIND VENTURES LTD financials
Rescind Ventures Ltd's latest turnover from May 2024 is estimated at £21.1 thousand and the company has net assets of -£26.5 thousand. According to their latest financial statements, Rescind Ventures Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 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 | 1 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 535 | 1,881 | 3,092 | 4,303 | 5,514 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 535 | 1,881 | 3,092 | 4,303 | 5,514 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1 | 0 | 0 | 1 | 50 | 85 | 302 | 572 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 744 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1 | 0 | 0 | 1 | 50 | 85 | 302 | 572 | 744 |
| total assets | 1 | 0 | 0 | 1 | 585 | 1,966 | 3,394 | 4,875 | 6,258 |
| 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 | 26,303 | 0 | 21,612 | 16,847 | 12,031 | 4,873 | 4,449 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 26,303 | 0 | 21,612 | 16,847 | 12,031 | 4,873 | 4,449 |
| 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 | 26,504 | 26,403 | 0 | 26,204 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 26,504 | 26,403 | 0 | 26,204 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 26,504 | 26,403 | 26,303 | 26,204 | 21,612 | 16,847 | 12,031 | 4,873 | 4,449 |
| net assets | -26,503 | -26,403 | -26,303 | -26,203 | -21,027 | -14,881 | -8,637 | 2 | 1,809 |
| total shareholders funds | -26,503 | -26,403 | -26,303 | -26,203 | -21,027 | -14,881 | -8,637 | 2 | 1,809 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | |||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1 | 0 | -1 | -49 | -35 | -217 | -270 | 572 | 0 |
| Creditors | 0 | -26,303 | 26,303 | -21,612 | 4,765 | 4,816 | 7,158 | 424 | 4,449 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 101 | 26,403 | -26,204 | 26,204 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -744 | 744 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -744 | 744 |
rescind ventures ltd Credit Report and Business Information
Rescind Ventures Ltd Competitor Analysis
Perform a competitor analysis for rescind ventures ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in SE2 area or any other competitors across 12 key performance metrics.
rescind ventures ltd Ownership
RESCIND VENTURES LTD group structure
Rescind Ventures Ltd has no subsidiary companies.
Ultimate parent company
RESCIND VENTURES LTD
09600811
rescind ventures ltd directors
Rescind Ventures Ltd currently has 1 director, Mr Emmanuel Akinsola serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Emmanuel Akinsola | United Kingdom | 61 years | May 2015 | - | Director |
P&L
May 2024turnover
21.1k
-35%
operating profit
-100
0%
gross margin
22.7%
+4.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
-26.5k
0%
total assets
1
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
rescind ventures ltd company details
company number
09600811
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
170 bracondale road, london, SE2 9EF
Bank
-
Legal Advisor
-
rescind ventures ltd 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 rescind ventures ltd.
rescind ventures ltd 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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rescind ventures ltd Companies House Filings - See Documents
| date | description | view/download |
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