red real estate limited
red real estate limited Company Information
Company Number
10582134
Website
-Registered Address
37 high street, tewkesbury, GL20 5BB
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Management of real estate on a fee or contract basis
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Stefan Roberts7 Years
Shareholders
stefan iain roberts 100%
red real estate limited Estimated Valuation
Pomanda estimates the enterprise value of RED REAL ESTATE LIMITED at £138.8k based on a Turnover of £96k and 1.44x industry multiple (adjusted for size and gross margin).
red real estate limited Estimated Valuation
Pomanda estimates the enterprise value of RED REAL ESTATE LIMITED at £0 based on an EBITDA of £-5.5k and a 3.94x industry multiple (adjusted for size and gross margin).
red real estate limited Estimated Valuation
Pomanda estimates the enterprise value of RED REAL ESTATE LIMITED at £2.9k based on Net Assets of £1.9k and 1.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Red Real Estate Limited Overview
Red Real Estate Limited is a live company located in tewkesbury, GL20 5BB with a Companies House number of 10582134. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in January 2017, it's largest shareholder is stefan iain roberts with a 100% stake. Red Real Estate Limited is a young, micro sized company, Pomanda has estimated its turnover at £96k with declining growth in recent years.
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Red Real Estate Limited Health Check
Pomanda's financial health check has awarded Red Real Estate Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £96k, make it smaller than the average company (£907.7k)
- Red Real Estate Limited
£907.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (2.3%)
- Red Real Estate Limited
2.3% - Industry AVG
Production
with a gross margin of 10.7%, this company has a higher cost of product (63.2%)
- Red Real Estate Limited
63.2% - Industry AVG
Profitability
an operating margin of -5.7% make it less profitable than the average company (26.7%)
- Red Real Estate Limited
26.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Red Real Estate Limited
5 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Red Real Estate Limited
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £48k, this is less efficient (£151.6k)
- Red Real Estate Limited
£151.6k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (31 days)
- Red Real Estate Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 963 days, this is slower than average (34 days)
- Red Real Estate Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Red Real Estate Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (15 weeks)
34 weeks - Red Real Estate Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (71%)
99.5% - Red Real Estate Limited
71% - Industry AVG
RED REAL ESTATE LIMITED financials
Red Real Estate Limited's latest turnover from January 2023 is estimated at £96 thousand and the company has net assets of £1.9 thousand. According to their latest financial statements, Red Real Estate Limited has 2 employees and maintains cash reserves of £130.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | 10,254 | 9,600 | 12,200 | |||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | 10,858 | 9,969 | 6,188 | |||
| Interest Receivable | 0 | 0 | 0 | |||
| Pre-Tax Profit | -2,409 | -2,925 | 1,880 | |||
| Tax | 0 | 357 | -357 | |||
| Profit After Tax | -2,409 | -2,568 | 1,523 | |||
| Dividends Paid | 0 | 0 | 0 | |||
| Retained Profit | -2,409 | -2,568 | 1,523 | |||
| Employee Costs | 0 | 0 | ||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 253,646 | 253,646 | 253,646 | 253,646 | 0 | 0 |
| 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 | 0 |
| Total Fixed Assets | 253,646 | 253,646 | 253,646 | 253,646 | 0 | 0 |
| Stock & work in progress | 0 | 93,193 | 93,193 | 71,979 | 0 | 0 |
| Trade Debtors | 357 | 357 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 2,623 | 0 | 0 | 0 | 0 |
| Cash | 130,712 | 46,704 | 54,805 | 111,428 | 99,847 | 100,052 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 131,069 | 142,877 | 147,998 | 183,407 | 99,847 | 100,052 |
| total assets | 384,715 | 396,523 | 401,644 | 437,053 | 99,847 | 100,052 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 195,276 | 194,964 | 235,831 | 431,314 | 100,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1 | 0 | 0 | 0 | 0 | 100,193 |
| total current liabilities | 195,277 | 194,964 | 235,831 | 431,314 | 100,000 | 100,193 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,094 | 806 | 826 | 413 | 193 | 0 |
| other liabilities | 186,472 | 196,472 | 158,138 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 187,566 | 197,278 | 158,964 | 413 | 193 | 0 |
| total liabilities | 382,843 | 392,242 | 394,795 | 431,727 | 100,193 | 100,193 |
| net assets | 1,872 | 4,281 | 6,849 | 5,326 | -346 | -141 |
| total shareholders funds | 1,872 | 4,281 | 6,849 | 5,326 | -346 | -141 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 357 | -357 | |||
| Stock | -93,193 | 0 | 21,214 | 71,979 | 0 | 0 |
| Debtors | -2,623 | 2,980 | 0 | 0 | 0 | 0 |
| Creditors | 312 | -40,867 | -195,483 | 331,314 | 100,000 | 0 |
| Accruals and Deferred Income | 289 | -20 | 413 | 220 | -100,000 | 100,193 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -10,000 | 38,334 | 158,138 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -10,858 | -9,969 | -6,188 | |||
| cash flow from financing | -20,858 | 28,365 | 151,950 | |||
| cash and cash equivalents | ||||||
| cash | 84,008 | -8,101 | -56,623 | 11,581 | -205 | 100,052 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 84,008 | -8,101 | -56,623 | 11,581 | -205 | 100,052 |
red real estate limited Credit Report and Business Information
Red Real Estate Limited Competitor Analysis
Perform a competitor analysis for red real estate limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in GL20 area or any other competitors across 12 key performance metrics.
red real estate limited Ownership
RED REAL ESTATE LIMITED group structure
Red Real Estate Limited has no subsidiary companies.
Ultimate parent company
RED REAL ESTATE LIMITED
10582134
red real estate limited directors
Red Real Estate Limited currently has 1 director, Mr Stefan Roberts serving since Jan 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stefan Roberts | England | 49 years | Jan 2017 | - | Director |
P&L
January 2023turnover
96k
+15%
operating profit
-5.5k
0%
gross margin
10.7%
-7.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
1.9k
-0.56%
total assets
384.7k
-0.03%
cash
130.7k
+1.8%
net assets
Total assets minus all liabilities
red real estate limited company details
company number
10582134
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68320 - Management of real estate on a fee or contract basis
incorporation date
January 2017
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
January 2023
previous names
N/A
accountant
HOLBERTON AND CO
auditor
-
address
37 high street, tewkesbury, GL20 5BB
Bank
-
Legal Advisor
-
red real estate 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 red real estate limited. Currently there are 1 open charges and 0 have been satisfied in the past.
red real estate limited Companies House Filings - See Documents
| date | description | view/download |
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