reredux ltd

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reredux ltd Company Information

Share REREDUX LTD

Company Number

10230169

Shareholders

matthew jake slotover

Group Structure

View All

Industry

Buying and selling of own real estate

 

Registered Address

35 ballards lane, london, N3 1XW

Website

-

reredux ltd Estimated Valuation

£867.4k

Pomanda estimates the enterprise value of REREDUX LTD at £867.4k based on a Turnover of £281.2k and 3.08x industry multiple (adjusted for size and gross margin).

reredux ltd Estimated Valuation

£909.9k

Pomanda estimates the enterprise value of REREDUX LTD at £909.9k based on an EBITDA of £137.6k and a 6.61x industry multiple (adjusted for size and gross margin).

reredux ltd Estimated Valuation

£446.1k

Pomanda estimates the enterprise value of REREDUX LTD at £446.1k based on Net Assets of £283.3k and 1.58x industry multiple (adjusted for liquidity).

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Reredux Ltd Overview

Reredux Ltd is a live company located in london, N3 1XW with a Companies House number of 10230169. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2016, it's largest shareholder is matthew jake slotover with a 100% stake. Reredux Ltd is a young, micro sized company, Pomanda has estimated its turnover at £281.2k with declining growth in recent years.

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Reredux Ltd Health Check

Pomanda's financial health check has awarded Reredux Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £281.2k, make it smaller than the average company (£784.8k)

£281.2k - Reredux Ltd

£784.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -47%, show it is growing at a slower rate (3.3%)

-47% - Reredux Ltd

3.3% - Industry AVG

production

Production

with a gross margin of 71.2%, this company has a comparable cost of product (71.2%)

71.2% - Reredux Ltd

71.2% - Industry AVG

profitability

Profitability

an operating margin of 48.9% make it more profitable than the average company (25.3%)

48.9% - Reredux Ltd

25.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Reredux Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)

£40.6k - Reredux Ltd

£40.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £140.6k, this is less efficient (£182.4k)

£140.6k - Reredux Ltd

£182.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Reredux Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Reredux Ltd

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3360 days, this is more than average (482 days)

3360 days - Reredux Ltd

482 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is average cash available to meet short term requirements (7 weeks)

6 weeks - Reredux Ltd

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65.1%, this is a similar level of debt than the average (63.9%)

65.1% - Reredux Ltd

63.9% - Industry AVG

REREDUX LTD financials

EXPORTms excel logo

Reredux Ltd's latest turnover from June 2024 is estimated at £281.2 thousand and the company has net assets of £283.3 thousand. According to their latest financial statements, Reredux Ltd has 2 employees and maintains cash reserves of £66.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017
Turnover281,247337,828160,8971,905,105332,765243,980377,976305,957
Other Income Or Grants
Cost Of Sales80,95797,78949,227553,808100,62673,125121,07697,089
Gross Profit200,290240,039111,6711,351,297232,139170,855256,900208,868
Admin Expenses62,671313,421203,240892,312288,61085,987315,324221,967
Operating Profit137,619-73,382-91,569458,985-56,47184,868-58,424-13,099
Interest Payable
Interest Receivable1,8396,10413,05695811287528948
Pre-Tax Profit139,457-67,278-78,513459,943-56,35985,743-58,135-13,051
Tax-34,864-87,389-16,291
Profit After Tax104,593-67,278-78,513372,554-56,35969,452-58,135-13,051
Dividends Paid
Retained Profit104,593-67,278-78,513372,554-56,35969,452-58,135-13,051
Employee Costs81,23371,20275,24970,98276,78477,72776,85771,163
Number Of Employees22222222
EBITDA*137,619-73,382-91,569458,985-56,47184,868-58,424-13,099

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress745,3211,146,8651,141,9062,209,6373,263,1502,074,7012,032,9841,105,203
Trade Debtors500373,606
Group Debtors1,161,044
Misc Debtors18,88936,39035,242743,243336,4893,211810
Cash66,5603,482240,6811,848,28767,874156,01577,35638,094
misc current assets
total current assets811,8811,169,2361,419,4775,627,8164,074,2672,567,2052,113,5511,144,107
total assets811,8811,169,2361,419,4775,627,8164,074,2672,567,2052,113,5511,144,107
Bank overdraft
Bank loan
Trade Creditors 22,55629,901660
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities528,618990,5661,173,5295,280,7994,092,4592,558,2792,174,7371,147,158
total current liabilities528,618990,5661,173,5295,303,3554,122,3602,558,9392,174,7371,147,158
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities528,618990,5661,173,5295,303,3554,122,3602,558,9392,174,7371,147,158
net assets283,263178,670245,948324,461-48,0938,266-61,186-3,051
total shareholders funds283,263178,670245,948324,461-48,0938,266-61,186-3,051
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017
Operating Activities
Operating Profit137,619-73,382-91,569458,985-56,47184,868-58,424-13,099
Depreciation
Amortisation
Tax-34,864-87,389-16,291
Stock-401,5444,959-1,067,731-1,053,5131,188,44941,717927,7811,105,203
Debtors-18,889-18,001-1,533,002826,649406,754333,2782,401810
Creditors-22,556-7,34529,241660
Accruals and Deferred Income-461,948-182,963-4,107,2701,188,3401,534,180383,5421,027,5791,147,158
Deferred Taxes & Provisions
Cash flow from operations61,240-243,303-1,620,6621,779,455-88,25377,78438,97328,046
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue10,000
interest1,8396,10413,05695811287528948
cash flow from financing1,8396,10413,05695811287528910,048
cash and cash equivalents
cash63,078-237,199-1,607,6061,780,413-88,14178,65939,26238,094
overdraft
change in cash63,078-237,199-1,607,6061,780,413-88,14178,65939,26238,094

reredux ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Reredux Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for reredux ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.

reredux ltd Ownership

REREDUX LTD group structure

Reredux Ltd has no subsidiary companies.

Ultimate parent company

REREDUX LTD

10230169

REREDUX LTD Shareholders

matthew jake slotover 100%

reredux ltd directors

Reredux Ltd currently has 2 directors. The longest serving directors include Mr Matthew Slotover (Jun 2016) and Mr Thomas Gidley (Jun 2016).

officercountryagestartendrole
Mr Matthew Slotover56 years Jun 2016- Director
Mr Thomas GidleyEngland56 years Jun 2016- Director

P&L

June 2024

turnover

281.2k

-17%

operating profit

137.6k

0%

gross margin

71.3%

+0.23%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

283.3k

+0.59%

total assets

811.9k

-0.31%

cash

66.6k

+18.12%

net assets

Total assets minus all liabilities

reredux ltd company details

company number

10230169

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

June 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

35 ballards lane, london, N3 1XW

Bank

-

Legal Advisor

-

reredux 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 reredux ltd.

reredux 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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reredux ltd Companies House Filings - See Documents

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