manufacturing renaissance italian solutions limited
manufacturing renaissance italian solutions limited Company Information
Company Number
09710764
Website
-Registered Address
85 great portland street, london, W1W 7LT
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
02036375597
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
greencapital s.r.l. 100%
manufacturing renaissance italian solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MANUFACTURING RENAISSANCE ITALIAN SOLUTIONS LIMITED at £332.8k based on a Turnover of £277.2k and 1.2x industry multiple (adjusted for size and gross margin).
manufacturing renaissance italian solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MANUFACTURING RENAISSANCE ITALIAN SOLUTIONS LIMITED at £375.1k based on an EBITDA of £81.6k and a 4.6x industry multiple (adjusted for size and gross margin).
manufacturing renaissance italian solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MANUFACTURING RENAISSANCE ITALIAN SOLUTIONS LIMITED at £22.4k based on Net Assets of £12k and 1.86x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Manufacturing Renaissance Italian Solutions Limited Overview
Manufacturing Renaissance Italian Solutions Limited is a live company located in london, W1W 7LT with a Companies House number of 09710764. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2015, it's largest shareholder is greencapital s.r.l. with a 100% stake. Manufacturing Renaissance Italian Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £277.2k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Manufacturing Renaissance Italian Solutions Limited Health Check
Pomanda's financial health check has awarded Manufacturing Renaissance Italian Solutions Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £277.2k, make it smaller than the average company (£19.3m)
- Manufacturing Renaissance Italian Solutions Limited
£19.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (10.5%)
- Manufacturing Renaissance Italian Solutions Limited
10.5% - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
- Manufacturing Renaissance Italian Solutions Limited
36.1% - Industry AVG
Profitability
an operating margin of 29.4% make it more profitable than the average company (4.6%)
- Manufacturing Renaissance Italian Solutions Limited
4.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (107)
- Manufacturing Renaissance Italian Solutions Limited
107 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)
- Manufacturing Renaissance Italian Solutions Limited
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £138.6k, this is less efficient (£192.9k)
- Manufacturing Renaissance Italian Solutions Limited
£192.9k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (45 days)
- Manufacturing Renaissance Italian Solutions Limited
45 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Manufacturing Renaissance Italian Solutions Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 178 days, this is more than average (40 days)
- Manufacturing Renaissance Italian Solutions Limited
40 days - 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 - Manufacturing Renaissance Italian Solutions Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (69.3%)
99.3% - Manufacturing Renaissance Italian Solutions Limited
69.3% - Industry AVG
MANUFACTURING RENAISSANCE ITALIAN SOLUTIONS LIMITED financials
Manufacturing Renaissance Italian Solutions Limited's latest turnover from December 2023 is estimated at £277.2 thousand and the company has net assets of £12 thousand. According to their latest financial statements, we estimate that Manufacturing Renaissance Italian Solutions Limited has 2 employees and maintains cash reserves of £257 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 55,528 | 361,105 | 215,383 | 356,962 | 0 | 0 | 0 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 0 | 298,449 | 200,555 | 325,245 | ||||
| Gross Profit | 55,528 | 62,656 | 14,828 | 31,717 | ||||
| Admin Expenses | 296,220 | 68,548 | 73,395 | 100,566 | ||||
| Operating Profit | -240,692 | -5,892 | -58,567 | -68,849 | -91,543 | -6,434 | -7,948 | |
| Interest Payable | 6,779 | 89,123 | 173,160 | 174,034 | 172,299 | 0 | 0 | |
| Interest Receivable | 4,638 | 20,852 | 546 | 3,593 | 43,908 | 0 | 0 | |
| Pre-Tax Profit | -242,833 | 692,608 | -231,181 | -239,290 | -219,934 | -6,434 | -7,948 | |
| Tax | -4,844 | 683 | -786 | 0 | 0 | 0 | 0 | |
| Profit After Tax | -247,677 | 693,291 | -231,967 | -239,290 | -219,934 | -6,434 | -7,948 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -247,677 | 693,291 | -231,967 | -239,290 | -219,934 | -6,434 | -7,948 | |
| Employee Costs | 0 | 0 | 12 | 650 | 325 | 0 | ||
| Number Of Employees | ||||||||
| EBITDA* | -240,692 | -5,892 | -58,567 | -68,849 | -91,543 | -6,434 | -7,948 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,651,801 | 1,651,801 | 5,492,573 | 7,359,327 | 8,336,913 | 7,393,130 | 66,303 | 90,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,651,801 | 1,651,801 | 5,492,573 | 7,359,327 | 8,336,913 | 7,393,130 | 66,303 | 90,000 |
| Stock & work in progress | 86,920 | 86,920 | 108,154 | 854 | 179,854 | 0 | 0 | 0 |
| Trade Debtors | 22,000 | 0 | 27,769 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 8,747 | 8,747 | 0 | 0 | 0 | 0 | 41,666 | 41,666 |
| Misc Debtors | 375 | 375 | 375 | 325 | 325 | 2,219,580 | 325 | 0 |
| Cash | 257 | 32,029 | 244,853 | 141,110 | 56,911 | 131,718 | 19,011 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 118,299 | 128,071 | 381,151 | 142,289 | 237,090 | 2,351,298 | 61,002 | 41,666 |
| total assets | 1,770,100 | 1,779,872 | 5,873,724 | 7,501,616 | 8,574,003 | 9,744,428 | 127,305 | 131,666 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 1,902,812 | 0 | 0 |
| Trade Creditors | 0 | 0 | 22,445 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 35,691 | 12,981 | 0 | 0 | 0 | 81,666 | 87,285 | 83,301 |
| 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 | 368,507 | 416,887 | 380,244 | 300,895 | 365,638 | 16,258 | 4,402 | 6,313 |
| total current liabilities | 404,198 | 429,868 | 402,689 | 300,895 | 365,638 | 2,000,736 | 91,687 | 89,614 |
| loans | 1,353,898 | 0 | 1,376,545 | 2,180,622 | 1,978,713 | 1,788,202 | 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 | 1,343,953 | 0 | 0 | 0 | 430,331 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,353,898 | 1,343,953 | 1,376,545 | 2,180,622 | 1,978,713 | 2,218,533 | 0 | 0 |
| total liabilities | 1,758,096 | 1,773,821 | 1,779,234 | 2,481,517 | 2,344,351 | 4,219,269 | 91,687 | 89,614 |
| net assets | 12,004 | 6,051 | 4,094,490 | 5,020,099 | 6,229,652 | 5,525,159 | 35,618 | 42,052 |
| total shareholders funds | 12,004 | 6,051 | 4,094,490 | 5,020,099 | 6,229,652 | 5,525,159 | 35,618 | 42,052 |
| Dec 2023 | Dec 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -240,692 | -5,892 | -58,567 | -68,849 | -91,543 | -6,434 | -7,948 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -4,844 | 683 | -786 | 0 | 0 | 0 | 0 | |
| Stock | 0 | -21,234 | 107,300 | -179,000 | 179,854 | 0 | 0 | 0 |
| Debtors | 22,000 | -19,022 | 27,819 | 0 | -2,219,255 | 2,177,589 | 325 | 41,666 |
| Creditors | 0 | -22,445 | 22,445 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -48,380 | 36,643 | 79,349 | -64,743 | 349,380 | 11,856 | -1,911 | 6,313 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -191,082 | -38,534 | 54,904 | 2,319,932 | -2,257,276 | -8,670 | -43,301 | |
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -1,617,352 | 23,697 | -90,000 | |
| Change in Investments | 0 | -3,840,772 | -1,866,754 | -977,586 | 943,783 | 7,326,827 | -23,697 | 90,000 |
| cash flow from investments | 3,840,772 | 1,866,754 | 977,586 | -943,783 | -8,944,179 | 47,394 | -180,000 | |
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | -1,902,812 | 1,902,812 | 0 | 0 |
| Group/Directors Accounts | 22,710 | 12,981 | 0 | 0 | -81,666 | -5,619 | 3,984 | 83,301 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,353,898 | -1,376,545 | -804,077 | 201,909 | 190,511 | 1,788,202 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,343,953 | 1,343,953 | 0 | 0 | -430,331 | 430,331 | 0 | 0 |
| share issue | ||||||||
| interest | -2,141 | -68,271 | -172,614 | -170,441 | -128,391 | 0 | 0 | |
| cash flow from financing | -3,862,514 | -2,491,248 | -948,291 | -1,450,956 | 9,696,810 | 3,984 | 133,301 | |
| cash and cash equivalents | ||||||||
| cash | -31,772 | -212,824 | 103,743 | 84,199 | -74,807 | 112,707 | 19,011 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -31,772 | -212,824 | 103,743 | 84,199 | -74,807 | 112,707 | 19,011 | 0 |
manufacturing renaissance italian solutions limited Credit Report and Business Information
Manufacturing Renaissance Italian Solutions Limited Competitor Analysis
Perform a competitor analysis for manufacturing renaissance italian solutions limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in W1W area or any other competitors across 12 key performance metrics.
manufacturing renaissance italian solutions limited Ownership
MANUFACTURING RENAISSANCE ITALIAN SOLUTIONS LIMITED group structure
Manufacturing Renaissance Italian Solutions Limited has no subsidiary companies.
Ultimate parent company
MANUFACTURING RENAISSANCE ITALIAN SOLUTIONS LIMITED
09710764
manufacturing renaissance italian solutions limited directors
Manufacturing Renaissance Italian Solutions Limited currently has 2 directors. The longest serving directors include Mr Daniele Bartoccioni Menconi (Jul 2022) and Mr Francesco Borgomeo (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniele Bartoccioni Menconi | England | 49 years | Jul 2022 | - | Director |
| Mr Francesco Borgomeo | England | 57 years | Jul 2022 | - | Director |
P&L
December 2023turnover
277.2k
+399%
operating profit
81.6k
0%
gross margin
36.1%
-63.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12k
+0.98%
total assets
1.8m
-0.01%
cash
257
-0.99%
net assets
Total assets minus all liabilities
manufacturing renaissance italian solutions limited company details
company number
09710764
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
manufacturing renaissance italian solutions plc (December 2022)
accountant
-
auditor
-
address
85 great portland street, london, W1W 7LT
Bank
METRO BANK
Legal Advisor
-
manufacturing renaissance italian solutions 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 manufacturing renaissance italian solutions limited.
manufacturing renaissance italian solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
