re worldwide ltd
re worldwide ltd Company Information
Company Number
10503044
Website
http://mcsaatchi.comRegistered Address
36 golden square, london, W1F 9EE
Industry
Management consultancy activities (other than financial management)
Telephone
02075434500
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
m & c saatchi worldwide limited 72.5%
paul martin 7.5%
View Allre worldwide ltd Estimated Valuation
Pomanda estimates the enterprise value of RE WORLDWIDE LTD at £2.3m based on a Turnover of £2.9m and 0.82x industry multiple (adjusted for size and gross margin).
re worldwide ltd Estimated Valuation
Pomanda estimates the enterprise value of RE WORLDWIDE LTD at £1.2m based on an EBITDA of £203k and a 6.03x industry multiple (adjusted for size and gross margin).
re worldwide ltd Estimated Valuation
Pomanda estimates the enterprise value of RE WORLDWIDE LTD at £0 based on Net Assets of £-134k and 2.29x industry multiple (adjusted for liquidity).
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Re Worldwide Ltd Overview
Re Worldwide Ltd is a live company located in london, W1F 9EE with a Companies House number of 10503044. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in November 2016, it's largest shareholder is m & c saatchi worldwide limited with a 72.5% stake. Re Worldwide Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.9m with healthy growth in recent years.
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Re Worldwide Ltd Health Check
Pomanda's financial health check has awarded Re Worldwide Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £2.9m, make it larger than the average company (£598.2k)
£2.9m - Re Worldwide Ltd
£598.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (4.4%)
14% - Re Worldwide Ltd
4.4% - Industry AVG
Production
with a gross margin of 86.4%, this company has a lower cost of product (52.7%)
86.4% - Re Worldwide Ltd
52.7% - Industry AVG
Profitability
an operating margin of 6.8% make it as profitable than the average company (8.2%)
6.8% - Re Worldwide Ltd
8.2% - Industry AVG
Employees
with 21 employees, this is above the industry average (5)
21 - Re Worldwide Ltd
5 - Industry AVG
Pay Structure
on an average salary of £47.6k, the company has an equivalent pay structure (£47.6k)
- Re Worldwide Ltd
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £136.5k, this is equally as efficient (£119.8k)
£136.5k - Re Worldwide Ltd
£119.8k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (73 days)
26 days - Re Worldwide Ltd
73 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (28 days)
20 days - Re Worldwide Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Re Worldwide Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (22 weeks)
1 weeks - Re Worldwide Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 116.5%, this is a higher level of debt than the average (57.4%)
116.5% - Re Worldwide Ltd
57.4% - Industry AVG
RE WORLDWIDE LTD financials
Re Worldwide Ltd's latest turnover from December 2022 is £2.9 million and the company has net assets of -£134 thousand. According to their latest financial statements, Re Worldwide Ltd has 21 employees and maintains cash reserves of £28 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 2,866,000 | 2,420,000 | 1,498,000 | 1,947,000 | 2,105,000 | 185,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 390,000 | 543,000 | 316,000 | 438,000 | 90,000 | 27,000 |
| Gross Profit | 2,476,000 | 1,877,000 | 1,182,000 | 1,509,000 | 2,015,000 | 158,000 |
| Admin Expenses | 2,282,000 | 1,780,000 | 1,380,000 | 2,230,000 | 1,764,000 | 623,000 |
| Operating Profit | 194,000 | 97,000 | -198,000 | -721,000 | 251,000 | -465,000 |
| Interest Payable | 20,000 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 174,000 | 97,000 | -198,000 | -721,000 | 251,000 | -465,000 |
| Tax | -61,000 | -23,000 | 36,000 | 2,000 | -49,000 | 92,000 |
| Profit After Tax | 113,000 | 74,000 | -162,000 | -719,000 | 202,000 | -373,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 113,000 | 74,000 | -162,000 | -719,000 | 202,000 | -373,000 |
| Employee Costs | ||||||
| Number Of Employees | 21 | 18 | 13 | 13 | 10 | 3 |
| EBITDA* | 203,000 | 116,000 | -187,000 | -712,000 | 251,000 | -465,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 22,000 | 19,000 | 11,000 | 18,000 | 14,000 | 2,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 3,000 |
| Total Fixed Assets | 22,000 | 19,000 | 11,000 | 18,000 | 14,000 | 5,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 212,000 | 521,000 | 77,000 | 267,000 | 487,000 | 29,000 |
| Group Debtors | 298,000 | 206,000 | 90,000 | 0 | 527,000 | 11,000 |
| Misc Debtors | 252,000 | 796,000 | 288,000 | 223,000 | 96,000 | 103,000 |
| Cash | 28,000 | 0 | 0 | 0 | 211,000 | 47,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 790,000 | 1,523,000 | 455,000 | 490,000 | 1,321,000 | 190,000 |
| total assets | 812,000 | 1,542,000 | 466,000 | 508,000 | 1,335,000 | 195,000 |
| Bank overdraft | 0 | 816,000 | 613,000 | 351,000 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 22,000 | 110,000 | 67,000 | 68,000 | 125,000 | 0 |
| Group/Directors Accounts | 686,000 | 0 | 22,000 | 215,000 | 1,018,000 | 561,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 238,000 | 883,000 | 105,000 | 53,000 | 363,000 | 7,000 |
| total current liabilities | 946,000 | 1,809,000 | 807,000 | 687,000 | 1,506,000 | 568,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 946,000 | 1,809,000 | 807,000 | 687,000 | 1,506,000 | 568,000 |
| net assets | -134,000 | -267,000 | -341,000 | -179,000 | -171,000 | -373,000 |
| total shareholders funds | -134,000 | -267,000 | -341,000 | -179,000 | -171,000 | -373,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 194,000 | 97,000 | -198,000 | -721,000 | 251,000 | -465,000 |
| Depreciation | 9,000 | 19,000 | 11,000 | 9,000 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -61,000 | -23,000 | 36,000 | 2,000 | -49,000 | 92,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -761,000 | 1,068,000 | -35,000 | -620,000 | 964,000 | 146,000 |
| Creditors | -88,000 | 43,000 | -1,000 | -57,000 | 125,000 | 0 |
| Accruals and Deferred Income | -645,000 | 778,000 | 52,000 | -310,000 | 356,000 | 7,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 170,000 | -154,000 | -65,000 | -457,000 | -281,000 | -512,000 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 686,000 | -22,000 | -193,000 | -803,000 | 457,000 | 561,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -20,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 686,000 | -22,000 | -193,000 | -92,000 | 457,000 | 561,000 |
| cash and cash equivalents | ||||||
| cash | 28,000 | 0 | 0 | -211,000 | 164,000 | 47,000 |
| overdraft | -816,000 | 203,000 | 262,000 | 351,000 | 0 | 0 |
| change in cash | 844,000 | -203,000 | -262,000 | -562,000 | 164,000 | 47,000 |
re worldwide ltd Credit Report and Business Information
Re Worldwide Ltd Competitor Analysis
Perform a competitor analysis for re worldwide ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
re worldwide ltd Ownership
RE WORLDWIDE LTD group structure
Re Worldwide Ltd has no subsidiary companies.
Ultimate parent company
2 parents
RE WORLDWIDE LTD
10503044
re worldwide ltd directors
Re Worldwide Ltd currently has 2 directors. The longest serving directors include Mr Bruce Marson (Sep 2023) and Ms Zillah Byng-Thorne (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bruce Marson | England | 54 years | Sep 2023 | - | Director |
| Ms Zillah Byng-Thorne | England | 49 years | Sep 2023 | - | Director |
P&L
December 2022turnover
2.9m
+18%
operating profit
194k
+100%
gross margin
86.4%
+11.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-134k
-0.5%
total assets
812k
-0.47%
cash
28k
0%
net assets
Total assets minus all liabilities
Similar Companies
re worldwide ltd company details
company number
10503044
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
November 2016
age
8
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
36 golden square, london, W1F 9EE
last accounts submitted
December 2022
re worldwide 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 found 1 charges/mortgages relating to re worldwide ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
re worldwide ltd Companies House Filings - See Documents
| date | description | view/download |
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