redmile stathern limited
redmile stathern limited Company Information
Company Number
10381697
Website
redmiledevelopments.comRegistered Address
opus restructuring llp, 1 radian court, milton keynes, buckinghamshire, MK5 8PJ
Industry
Development of building projects
Telephone
08002373733
Next Accounts Due
853 days late
Group Structure
View All
Shareholders
christopher newington 50%
donna brewer 50%
redmile stathern limited Estimated Valuation
Pomanda estimates the enterprise value of REDMILE STATHERN LIMITED at £493.9k based on a Turnover of £967.6k and 0.51x industry multiple (adjusted for size and gross margin).
redmile stathern limited Estimated Valuation
Pomanda estimates the enterprise value of REDMILE STATHERN LIMITED at £349.7k based on an EBITDA of £90.2k and a 3.88x industry multiple (adjusted for size and gross margin).
redmile stathern limited Estimated Valuation
Pomanda estimates the enterprise value of REDMILE STATHERN LIMITED at £0 based on Net Assets of £-649k and 1.55x industry multiple (adjusted for liquidity).
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Redmile Stathern Limited Overview
Redmile Stathern Limited is a live company located in milton keynes, MK5 8PJ with a Companies House number of 10381697. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2016, it's largest shareholder is christopher newington with a 50% stake. Redmile Stathern Limited is a young, small sized company, Pomanda has estimated its turnover at £967.6k with rapid growth in recent years.
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Redmile Stathern Limited Health Check
Pomanda's financial health check has awarded Redmile Stathern 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 £967.6k, make it smaller than the average company (£2.1m)
- Redmile Stathern Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (2.7%)
- Redmile Stathern Limited
2.7% - Industry AVG
Production
with a gross margin of 23.5%, this company has a comparable cost of product (23.5%)
- Redmile Stathern Limited
23.5% - Industry AVG
Profitability
an operating margin of 9.3% make it as profitable than the average company (8.7%)
- Redmile Stathern Limited
8.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Redmile Stathern Limited
6 - Industry AVG
Pay Structure
on an average salary of £43.9k, the company has an equivalent pay structure (£43.9k)
- Redmile Stathern Limited
£43.9k - Industry AVG
Efficiency
resulting in sales per employee of £483.8k, this is more efficient (£274.9k)
- Redmile Stathern Limited
£274.9k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (29 days)
- Redmile Stathern Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (30 days)
- Redmile Stathern Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 702 days, this is more than average (234 days)
- Redmile Stathern Limited
234 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (11 weeks)
17 weeks - Redmile Stathern Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 136.8%, this is a higher level of debt than the average (74.9%)
136.8% - Redmile Stathern Limited
74.9% - Industry AVG
REDMILE STATHERN LIMITED financials
Redmile Stathern Limited's latest turnover from September 2020 is estimated at £967.6 thousand and the company has net assets of -£649 thousand. According to their latest financial statements, Redmile Stathern Limited has 2 employees and maintains cash reserves of £172.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 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 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 1,424,440 | 1,705,994 | 1,286,109 | 172,166 |
| Trade Debtors | 7,938 | 225 | 0 | 0 |
| Group Debtors | 132,078 | 0 | 0 | 0 |
| Misc Debtors | 26,951 | 15,567 | 12,853 | 3,190 |
| Cash | 172,835 | 1,026 | 58,476 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 1,764,242 | 1,722,812 | 1,357,438 | 175,356 |
| total assets | 1,764,242 | 1,722,812 | 1,357,438 | 175,356 |
| Bank overdraft | 0 | 0 | 273,435 | 1,200 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 199,847 | 72,830 | 54,867 | 17,906 |
| Group/Directors Accounts | 919 | 403,738 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 304,973 | 251,539 | 143,560 | 160,784 |
| total current liabilities | 505,739 | 728,107 | 471,862 | 179,890 |
| loans | 1,907,523 | 1,626,258 | 1,108,972 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,907,523 | 1,626,258 | 1,108,972 | 0 |
| total liabilities | 2,413,262 | 2,354,365 | 1,580,834 | 179,890 |
| net assets | -649,020 | -631,553 | -223,396 | -4,534 |
| total shareholders funds | -649,020 | -631,553 | -223,396 | -4,534 |
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | -281,554 | 419,885 | 1,113,943 | 172,166 |
| Debtors | 151,175 | 2,939 | 9,663 | 3,190 |
| Creditors | 127,017 | 17,963 | 36,961 | 17,906 |
| Accruals and Deferred Income | 53,434 | 107,979 | -17,224 | 160,784 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -402,819 | 403,738 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 281,265 | 517,286 | 1,108,972 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 171,809 | -57,450 | 58,476 | 0 |
| overdraft | 0 | -273,435 | 272,235 | 1,200 |
| change in cash | 171,809 | 215,985 | -213,759 | -1,200 |
redmile stathern limited Credit Report and Business Information
Redmile Stathern Limited Competitor Analysis
Perform a competitor analysis for redmile stathern limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in MK5 area or any other competitors across 12 key performance metrics.
redmile stathern limited Ownership
REDMILE STATHERN LIMITED group structure
Redmile Stathern Limited has no subsidiary companies.
Ultimate parent company
REDMILE STATHERN LIMITED
10381697
redmile stathern limited directors
Redmile Stathern Limited currently has 2 directors. The longest serving directors include Miss Donna Brewer (Sep 2016) and Mr Christopher Newington (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Donna Brewer | England | 58 years | Sep 2016 | - | Director |
| Mr Christopher Newington | England | 66 years | Sep 2016 | - | Director |
P&L
September 2020turnover
967.6k
+67%
operating profit
90.2k
0%
gross margin
23.5%
-9.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2020net assets
-649k
+0.03%
total assets
1.8m
+0.02%
cash
172.8k
+167.46%
net assets
Total assets minus all liabilities
redmile stathern limited company details
company number
10381697
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2020
previous names
N/A
accountant
ACCESS ACCOUNTS SERVICES LTD
auditor
-
address
opus restructuring llp, 1 radian court, milton keynes, buckinghamshire, MK5 8PJ
Bank
-
Legal Advisor
-
redmile stathern 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 redmile stathern limited.
redmile stathern limited Companies House Filings - See Documents
| date | description | view/download |
|---|
