reside holdings limited
reside holdings limited Company Information
Company Number
10268257
Next Accounts
Nov 2025
Industry
Development of building projects
Shareholders
richard aubrey west
timothy james vincent
View AllGroup Structure
View All
Contact
Registered Address
10 victoria road south, southsea, hampshire, PO5 2DA
Website
residedevelopments.co.ukreside holdings limited Estimated Valuation
Pomanda estimates the enterprise value of RESIDE HOLDINGS LIMITED at £895.3k based on a Turnover of £1.7m and 0.52x industry multiple (adjusted for size and gross margin).
reside holdings limited Estimated Valuation
Pomanda estimates the enterprise value of RESIDE HOLDINGS LIMITED at £1.8m based on an EBITDA of £474.2k and a 3.76x industry multiple (adjusted for size and gross margin).
reside holdings limited Estimated Valuation
Pomanda estimates the enterprise value of RESIDE HOLDINGS LIMITED at £382.8k based on Net Assets of £278k and 1.38x industry multiple (adjusted for liquidity).
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Reside Holdings Limited Overview
Reside Holdings Limited is a live company located in hampshire, PO5 2DA with a Companies House number of 10268257. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2016, it's largest shareholder is richard aubrey west with a 33.3% stake. Reside Holdings Limited is a young, small sized company, Pomanda has estimated its turnover at £1.7m with healthy growth in recent years.
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Reside Holdings Limited Health Check
Pomanda's financial health check has awarded Reside Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£2.2m)
- Reside Holdings Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5.5%)
- Reside Holdings Limited
5.5% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Reside Holdings Limited
25.8% - Industry AVG
Profitability
an operating margin of 27.4% make it more profitable than the average company (7.4%)
- Reside Holdings Limited
7.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - Reside Holdings Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.8k, the company has an equivalent pay structure (£47.8k)
- Reside Holdings Limited
£47.8k - Industry AVG
Efficiency
resulting in sales per employee of £431.2k, this is more efficient (£282.9k)
- Reside Holdings Limited
£282.9k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is near the average (28 days)
- Reside Holdings Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (31 days)
- Reside Holdings Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 643 days, this is more than average (192 days)
- Reside Holdings Limited
192 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (12 weeks)
16 weeks - Reside Holdings Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.9%, this is a higher level of debt than the average (72.7%)
91.9% - Reside Holdings Limited
72.7% - Industry AVG
RESIDE HOLDINGS LIMITED financials
Reside Holdings Limited's latest turnover from February 2024 is estimated at £1.7 million and the company has net assets of £278 thousand. According to their latest financial statements, Reside Holdings Limited has 4 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 5 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,988 | 580 | 2,105 | 3,629 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,988 | 580 | 2,105 | 3,629 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 2,256,015 | 3,535,657 | 2,436,939 | 1,795,289 | 2,035,185 | 840,479 | 812,930 | 750,263 |
| Trade Debtors | 155,025 | 0 | 37,169 | 8,903 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 572,481 | 0 | 0 | 2,079,155 | 783,335 | 0 |
| Misc Debtors | 0 | 142,800 | 0 | 207,026 | 903,289 | 511,457 | 511,457 | 21,687 |
| Cash | 1,033,348 | 575,058 | 129,247 | 1,441,062 | 41 | 1,470 | 1,640 | 17,638 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,444,388 | 4,253,515 | 3,175,836 | 3,452,280 | 2,938,515 | 3,432,561 | 2,109,362 | 789,588 |
| total assets | 3,446,376 | 4,254,095 | 3,177,941 | 3,455,909 | 2,938,515 | 3,432,561 | 2,109,362 | 789,588 |
| Bank overdraft | 22,943 | 33,333 | 43,333 | 50,000 | 193,727 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 153,969 | 181,893 | 214,554 | 257,178 | 74,874 | 163,495 | 190,140 | 50,177 |
| Group/Directors Accounts | 845,539 | 1,477,535 | 1,007,648 | 0 | 0 | 134,925 | 454,843 | 741,325 |
| other short term finances | 1,842,894 | 2,482,534 | 1,300,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 303,033 | 2,585 | 262,038 | 1,704,674 | 2,558,083 | 1,649,898 | 1,343,651 | 6,500 |
| total current liabilities | 3,168,378 | 4,177,880 | 2,827,573 | 2,011,852 | 2,826,684 | 1,948,318 | 1,988,634 | 798,002 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,168,378 | 4,177,880 | 2,827,573 | 2,011,852 | 2,826,684 | 1,948,318 | 1,988,634 | 798,002 |
| net assets | 277,998 | 76,215 | 350,368 | 1,444,057 | 111,831 | 1,484,243 | 120,728 | -8,414 |
| total shareholders funds | 277,998 | 76,215 | 350,368 | 1,444,057 | 111,831 | 1,484,243 | 120,728 | -8,414 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 878 | 1,525 | 1,524 | 991 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | -1,279,642 | 1,098,718 | 641,650 | -239,896 | 1,194,706 | 27,549 | 62,667 | 750,263 |
| Debtors | 12,225 | -466,850 | 393,721 | -687,360 | -1,687,323 | 1,295,820 | 1,273,105 | 21,687 |
| Creditors | -27,924 | -32,661 | -42,624 | 182,304 | -88,621 | -26,645 | 139,963 | 50,177 |
| Accruals and Deferred Income | 300,448 | -259,453 | -1,442,636 | -853,409 | 908,185 | 306,247 | 1,337,151 | 6,500 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -631,996 | 469,887 | 1,007,648 | 0 | -134,925 | -319,918 | -286,482 | 741,325 |
| Other Short Term Loans | -639,640 | 1,182,534 | 1,300,000 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 458,290 | 445,811 | -1,311,815 | 1,441,021 | -1,429 | -170 | -15,998 | 17,638 |
| overdraft | -10,390 | -10,000 | -6,667 | -143,727 | 193,727 | 0 | 0 | 0 |
| change in cash | 468,680 | 455,811 | -1,305,148 | 1,584,748 | -195,156 | -170 | -15,998 | 17,638 |
reside holdings limited Credit Report and Business Information
Reside Holdings Limited Competitor Analysis
Perform a competitor analysis for reside holdings limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PO5 area or any other competitors across 12 key performance metrics.
reside holdings limited Ownership
RESIDE HOLDINGS LIMITED group structure
Reside Holdings Limited has no subsidiary companies.
Ultimate parent company
RESIDE HOLDINGS LIMITED
10268257
reside holdings limited directors
Reside Holdings Limited currently has 5 directors. The longest serving directors include Mr Timothy Vincent (Jul 2016) and Mr Brett Hamblin (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Vincent | England | 59 years | Jul 2016 | - | Director |
| Mr Brett Hamblin | 63 years | Jul 2016 | - | Director | |
| Mr Richard West | 59 years | Jul 2016 | - | Director | |
| Mr Steven O'Halloran | England | 42 years | Sep 2020 | - | Director |
| Mr Andrew Munton | 50 years | Sep 2020 | - | Director |
P&L
February 2024turnover
1.7m
-22%
operating profit
473.3k
0%
gross margin
25.9%
+0.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
278k
+2.65%
total assets
3.4m
-0.19%
cash
1m
+0.8%
net assets
Total assets minus all liabilities
reside holdings limited company details
company number
10268257
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
10 victoria road south, southsea, hampshire, PO5 2DA
Bank
-
Legal Advisor
-
reside holdings 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 found 1 charges/mortgages relating to reside holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
reside holdings 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.
Click to start generating capital raising & share issue transactions for RESIDE HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
reside holdings limited Companies House Filings - See Documents
| date | description | view/download |
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