remas jewellery ltd
remas jewellery ltd Company Information
Company Number
10442250
Next Accounts
Jun 2025
Shareholders
alaa khafaj
anmar al karkhi
Group Structure
View All
Industry
Retail sale of watches and jewellery in specialised stores
+1Registered Address
bst. 245 maida vale, london, W9 1QJ
Website
-remas jewellery ltd Estimated Valuation
Pomanda estimates the enterprise value of REMAS JEWELLERY LTD at £129.8k based on a Turnover of £369.6k and 0.35x industry multiple (adjusted for size and gross margin).
remas jewellery ltd Estimated Valuation
Pomanda estimates the enterprise value of REMAS JEWELLERY LTD at £28.2k based on an EBITDA of £8.3k and a 3.4x industry multiple (adjusted for size and gross margin).
remas jewellery ltd Estimated Valuation
Pomanda estimates the enterprise value of REMAS JEWELLERY LTD at £48.9k based on Net Assets of £20.6k and 2.38x industry multiple (adjusted for liquidity).
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Remas Jewellery Ltd Overview
Remas Jewellery Ltd is a live company located in london, W9 1QJ with a Companies House number of 10442250. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in October 2016, it's largest shareholder is alaa khafaj with a 50% stake. Remas Jewellery Ltd is a young, micro sized company, Pomanda has estimated its turnover at £369.6k with high growth in recent years.
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Remas Jewellery Ltd Health Check
Pomanda's financial health check has awarded Remas Jewellery 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
1 Strong
4 Regular
5 Weak
Size
annual sales of £369.6k, make it smaller than the average company (£5.2m)
- Remas Jewellery Ltd
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a slower rate (23.8%)
- Remas Jewellery Ltd
23.8% - Industry AVG
Production
with a gross margin of 44.1%, this company has a comparable cost of product (44.1%)
- Remas Jewellery Ltd
44.1% - Industry AVG
Profitability
an operating margin of 2.1% make it as profitable than the average company (2.6%)
- Remas Jewellery Ltd
2.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Remas Jewellery Ltd
14 - Industry AVG
Pay Structure
on an average salary of £24.1k, the company has an equivalent pay structure (£24.1k)
- Remas Jewellery Ltd
£24.1k - Industry AVG
Efficiency
resulting in sales per employee of £369.6k, this is more efficient (£151.3k)
- Remas Jewellery Ltd
£151.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Remas Jewellery Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Remas Jewellery Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 448 days, this is more than average (88 days)
- Remas Jewellery Ltd
88 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (17 weeks)
3 weeks - Remas Jewellery Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.4%, this is a similar level of debt than the average (101.5%)
92.4% - Remas Jewellery Ltd
101.5% - Industry AVG
REMAS JEWELLERY LTD financials
Remas Jewellery Ltd's latest turnover from September 2023 is estimated at £369.6 thousand and the company has net assets of £20.6 thousand. According to their latest financial statements, Remas Jewellery Ltd has 1 employee and maintains cash reserves of £15.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | 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 | 1 | 1 | 2 | 2 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,364 | 1 | 1 | 1 | 12,539 | 1,258 | 1,534 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 2,364 | 1 | 1 | 1 | 12,539 | 1,258 | 1,534 |
| Stock & work in progress | 254,109 | 282,343 | 311,843 | 159,910 | 86,240 | 71,240 | |
| Trade Debtors | 6,074 | 100,334 | |||||
| Group Debtors | |||||||
| Misc Debtors | 10,392 | ||||||
| Cash | 15,092 | 12,532 | 7,109 | 16,102 | 25,537 | 16,913 | |
| misc current assets | 4 | ||||||
| total current assets | 269,201 | 294,875 | 318,956 | 186,404 | 111,777 | 94,227 | 100,334 |
| total assets | 271,565 | 294,876 | 318,957 | 186,405 | 124,316 | 95,485 | 101,868 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 122,246 | ||||||
| Group/Directors Accounts | 249,376 | 277,161 | 310,948 | 174,133 | 107,671 | 97,572 | |
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 1,594 | 3,447 | 2,185 | 6,737 | 16,500 | 56 | |
| total current liabilities | 250,970 | 280,608 | 313,133 | 180,870 | 124,171 | 97,628 | 122,246 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 1 | 1 | 1 | ||||
| provisions | |||||||
| total long term liabilities | 1 | 1 | 1 | ||||
| total liabilities | 250,970 | 280,609 | 313,134 | 180,871 | 124,171 | 97,628 | 122,246 |
| net assets | 20,595 | 14,267 | 5,823 | 5,534 | 145 | -2,143 | -20,378 |
| total shareholders funds | 20,595 | 14,267 | 5,823 | 5,534 | 145 | -2,143 | -20,378 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 591 | 418 | 2,752 | ||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | -28,234 | -29,500 | 151,933 | 73,670 | 15,000 | 71,240 | |
| Debtors | -10,392 | 10,392 | -6,074 | -94,260 | 100,334 | ||
| Creditors | -122,246 | 122,246 | |||||
| Accruals and Deferred Income | -1,853 | 1,262 | -4,552 | -9,763 | 16,444 | 56 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -27,785 | -33,787 | 136,815 | 66,462 | 10,099 | 97,572 | |
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -1 | 1 | |||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 2,560 | 5,423 | -8,993 | -9,435 | 8,624 | 16,913 | |
| overdraft | |||||||
| change in cash | 2,560 | 5,423 | -8,993 | -9,435 | 8,624 | 16,913 |
remas jewellery ltd Credit Report and Business Information
Remas Jewellery Ltd Competitor Analysis
Perform a competitor analysis for remas jewellery ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in W 9 area or any other competitors across 12 key performance metrics.
remas jewellery ltd Ownership
REMAS JEWELLERY LTD group structure
Remas Jewellery Ltd has no subsidiary companies.
Ultimate parent company
REMAS JEWELLERY LTD
10442250
remas jewellery ltd directors
Remas Jewellery Ltd currently has 2 directors. The longest serving directors include Mr Anmar Al Karkhi (Oct 2016) and Mr Alaa Khafaj (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anmar Al Karkhi | England | 38 years | Oct 2016 | - | Director |
| Mr Alaa Khafaj | England | 47 years | Sep 2017 | - | Director |
P&L
September 2023turnover
369.6k
+126%
operating profit
7.7k
0%
gross margin
44.2%
+1.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
20.6k
+0.44%
total assets
271.6k
-0.08%
cash
15.1k
+0.2%
net assets
Total assets minus all liabilities
Similar Companies
remas jewellery ltd company details
company number
10442250
Type
Private limited with Share Capital
industry
47770 - Retail sale of watches and jewellery in specialised stores
95250 - Repair of watches, clocks and jewellery
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
bst. 245 maida vale, london, W9 1QJ
Bank
-
Legal Advisor
-
remas jewellery 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 remas jewellery ltd.
remas jewellery 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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remas jewellery ltd Companies House Filings - See Documents
| date | description | view/download |
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