Pomanda estimates the enterprise value of RIDE RIGHT EQUESTRIAN LTD at £29.2k based on a Turnover of £47.9k and 0.61x industry multiple (adjusted for size and gross margin).
ride right equestrian ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RIDE RIGHT EQUESTRIAN LTD at £0 based on an EBITDA of £0 and a 2.27x industry multiple (adjusted for size and gross margin).
ride right equestrian ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RIDE RIGHT EQUESTRIAN LTD at £0 based on Net Assets of £-34.4k and 1.86x industry multiple (adjusted for liquidity).
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Ride Right Equestrian LtdOverview
Ride Right Equestrian Ltd is a dissolved company that was located in wigton, CA7 3LD with a Companies House number of 09978475. It operated in the other sports activities sector, SIC Code 93199. Founded in February 2016, it's largest shareholder was
elizabeth park
with a 100% stake. The last turnover for Ride Right Equestrian Ltd was estimated at £47.9k.
Pomanda's financial health check has awarded Ride Right Equestrian Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
4 Weak
Size
annual sales of £47.9k, make it smaller than the average company (£424.2k)
£47.9k - Ride Right Equestrian Ltd
£424.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (-1.2%)
-7% - Ride Right Equestrian Ltd
-1.2% - Industry AVG
Production
with a gross margin of 14.1%, this company has a higher cost of product (42.8%)
14.1% - Ride Right Equestrian Ltd
42.8% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Ride Right Equestrian Ltd
- - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Ride Right Equestrian Ltd
14 - Industry AVG
Pay Structure
on an average salary of £23.6k, the company has an equivalent pay structure (£23.6k)
£23.6k - Ride Right Equestrian Ltd
£23.6k - Industry AVG
Efficiency
resulting in sales per employee of £47.9k, this is equally as efficient (£51.8k)
£47.9k - Ride Right Equestrian Ltd
£51.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ride Right Equestrian Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 304 days, this is slower than average (31 days)
304 days - Ride Right Equestrian Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ride Right Equestrian Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ride Right Equestrian Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Ride Right Equestrian Ltd
- - Industry AVG
RIDE RIGHT EQUESTRIAN LTD financials
EXPORT
Ride Right Equestrian Ltd's latest turnover from May 2021 is estimated at £47.9 thousand and the company has net assets of -£34.4 thousand. According to their latest financial statements, Ride Right Equestrian Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
Turnover
47,923
105,025
59,492
77,715
Other Income Or Grants
Cost Of Sales
41,190
84,229
46,278
58,025
Gross Profit
6,733
20,796
13,214
19,690
Admin Expenses
6,733
55,201
-32,711
25,159
34,241
Operating Profit
-34,405
32,711
-11,945
-14,551
Interest Payable
Interest Receivable
Pre-Tax Profit
-34,405
32,711
-11,945
-14,551
Tax
-6,215
Profit After Tax
-34,405
26,496
-11,945
-14,551
Dividends Paid
Retained Profit
-34,405
26,496
-11,945
-14,551
Employee Costs
23,642
22,153
21,150
21,248
Number Of Employees
1
1
1
1
EBITDA*
-34,405
32,711
-11,945
-14,551
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
Tangible Assets
3,711
7,806
Intangible Assets
Investments & Other
1
Debtors (Due After 1 year)
Total Fixed Assets
3,712
7,806
Stock & work in progress
Trade Debtors
4,974
8,747
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
4,974
8,747
total assets
8,686
16,553
Bank overdraft
Bank loan
Trade Creditors
34,405
34,405
31,104
31,104
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
34,405
34,405
31,104
31,104
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
4,078
provisions
total long term liabilities
4,078
total liabilities
34,405
34,405
35,182
31,104
net assets
-34,405
-34,405
-26,496
-14,551
total shareholders funds
-34,405
-34,405
-26,496
-14,551
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
Operating Activities
Operating Profit
-34,405
32,711
-11,945
-14,551
Depreciation
Amortisation
Tax
-6,215
Stock
Debtors
-4,974
-3,773
8,747
Creditors
34,405
-31,104
31,104
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
366
-8,172
7,806
Investing Activities
capital expenditure
3,711
4,095
-7,806
Change in Investments
-1
1
cash flow from investments
3,712
4,094
-7,806
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-4,078
4,078
share issue
interest
cash flow from financing
-4,078
4,078
cash and cash equivalents
cash
overdraft
change in cash
ride right equestrian ltd 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 ride right equestrian ltd. Get real-time insights into ride right equestrian ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ride right equestrian ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other undefined companies, companies in CA7 area or any other competitors across 12 key performance metrics.
ride right equestrian ltd Ownership
RIDE RIGHT EQUESTRIAN LTD group structure
Ride Right Equestrian Ltd has no subsidiary companies.
Ultimate parent company
RIDE RIGHT EQUESTRIAN LTD
09978475
RIDE RIGHT EQUESTRIAN LTD Shareholders
The sole shareholder of Ride Right Equestrian Ltd is Elizabeth Park.
elizabeth park
100%
ride right equestrian ltd directors
Ride Right Equestrian Ltd currently has 1 director, Mrs Elizabeth Park serving since Feb 2016.
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Dormant
last accounts submitted
May 2021
previous names
N/A
accountant
-
auditor
-
address
cowper house new cowper, aspatria, wigton, cumbria, CA7 3LD
Bank
-
Legal Advisor
-
ride right equestrian 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 ride right equestrian ltd.
ride right equestrian 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.
Click to start generating capital raising & share issue transactions for RIDE RIGHT EQUESTRIAN LTD. This can take several minutes, an email will notify you when this has completed.
ride right equestrian ltdCompanies House Filings - See Documents
