Pomanda estimates the enterprise value of RENTFLEX LTD at £85.3k based on a Turnover of £170.9k and 0.5x industry multiple (adjusted for size and gross margin).
rentflex ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RENTFLEX LTD at £0 based on an EBITDA of £-1.8k and a 3.57x industry multiple (adjusted for size and gross margin).
rentflex ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RENTFLEX LTD at £0 based on Net Assets of £-47.8k and 2.37x industry multiple (adjusted for liquidity).
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Rentflex LtdOverview
Rentflex Ltd is a live company located in london, W1T 7NF with a Companies House number of 10599869. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2017, it's largest shareholder is
russell hershey
with a 100% stake. Rentflex Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£170.9k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Rentflex Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
0 Strong
4 Regular
5 Weak
Size
annual sales of £170.9k, make it smaller than the average company (£4.8m)
£170.9k - Rentflex Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (6.6%)
5% - Rentflex Ltd
6.6% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
38.2% - Rentflex Ltd
38.2% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (5.7%)
-1% - Rentflex Ltd
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (27)
1 - Rentflex Ltd
27 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
£54k - Rentflex Ltd
£54k - Industry AVG
Efficiency
resulting in sales per employee of £170.9k, this is equally as efficient (£170.9k)
£170.9k - Rentflex Ltd
£170.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Rentflex Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Rentflex Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rentflex Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (22 weeks)
4 weeks - Rentflex Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1297.8%, this is a higher level of debt than the average (62.6%)
1297.8% - Rentflex Ltd
62.6% - Industry AVG
RENTFLEX LTD financials
EXPORT
Rentflex Ltd's latest turnover from December 2023 is estimated at £170.9 thousand and the company has net assets of -£47.8 thousand. According to their latest financial statements, Rentflex Ltd has 1 employee and maintains cash reserves of £4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
May 2019
May 2018
Turnover
170,945
92,540
146,704
145,846
151,474
372,825
44,646
Other Income Or Grants
Cost Of Sales
105,687
57,167
92,043
91,647
94,529
233,329
27,939
Gross Profit
65,258
35,374
54,661
54,200
56,945
139,496
16,707
Admin Expenses
67,042
168,665
54,159
78,628
-82,196
12,156
12,035
Operating Profit
-1,784
-133,291
502
-24,428
139,141
127,340
4,672
Interest Payable
2,021
3,889
1,435
Interest Receivable
1,146
767
11
6
95
314
42
Pre-Tax Profit
-2,659
-136,412
-922
-24,422
139,236
127,654
4,715
Tax
-26,455
-24,254
-896
Profit After Tax
-2,659
-136,412
-922
-24,422
112,781
103,400
3,819
Dividends Paid
Retained Profit
-2,659
-136,412
-922
-24,422
112,781
103,400
3,819
Employee Costs
54,005
51,316
48,760
46,377
45,970
41,326
39,114
Number Of Employees
1
1
1
1
1
1
1
EBITDA*
-1,784
-133,291
502
-24,428
139,141
127,340
4,672
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
May 2019
May 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
87,731
210
Group Debtors
Misc Debtors
1,405
180,751
184,976
135,000
1
Cash
3,992
39,659
4,183
4,533
8,441
66,815
16,954
misc current assets
total current assets
3,992
41,064
184,934
189,509
143,441
154,546
17,165
total assets
3,992
41,064
184,934
189,509
143,441
154,546
17,165
Bank overdraft
Bank loan
10,932
10,932
Trade Creditors
2,520
18,597
1,274
Group/Directors Accounts
24
other short term finances
hp & lease commitments
other current liabilities
51,806
47,767
47,745
97,330
26,840
28,705
12,071
total current liabilities
51,806
61,219
58,677
97,330
26,840
47,326
13,345
loans
25,000
35,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
25,000
35,000
total liabilities
51,806
86,219
93,677
97,330
26,840
47,326
13,345
net assets
-47,814
-45,155
91,257
92,179
116,601
107,220
3,820
total shareholders funds
-47,814
-45,155
91,257
92,179
116,601
107,220
3,820
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
May 2019
May 2018
Operating Activities
Operating Profit
-1,784
-133,291
502
-24,428
139,141
127,340
4,672
Depreciation
Amortisation
Tax
-26,455
-24,254
-896
Stock
Debtors
-1,405
-179,346
-4,225
49,976
134,789
87,520
211
Creditors
-2,520
2,520
-1,274
17,323
1,274
Accruals and Deferred Income
4,039
22
-49,585
70,490
14,769
16,634
12,071
Deferred Taxes & Provisions
Cash flow from operations
1,140
48,597
-44,858
-3,914
-8,608
49,523
16,910
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
-10,932
10,932
Group/Directors Accounts
24
Other Short Term Loans
Long term loans
-25,000
-10,000
35,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
-875
-3,122
-1,424
6
95
314
42
cash flow from financing
-36,807
-13,122
44,508
6
95
338
43
cash and cash equivalents
cash
-35,667
35,476
-350
-3,908
-8,513
49,861
16,954
overdraft
change in cash
-35,667
35,476
-350
-3,908
-8,513
49,861
16,954
rentflex ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for rentflex ltd. Get real-time insights into rentflex ltd's credit score, group structure and payment trends.
Perform a competitor analysis for rentflex ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in W1T area or any other competitors across 12 key performance metrics.
rentflex ltd Ownership
RENTFLEX LTD group structure
Rentflex Ltd has no subsidiary companies.
Ultimate parent company
RENTFLEX LTD
10599869
RENTFLEX LTD Shareholders
The sole shareholder of Rentflex Ltd is Russell Hershey.
russell hershey
100%
rentflex ltd directors
Rentflex Ltd currently has 1 director, Mr Russell Hershey serving since Feb 2017.
82990 - Other business support service activities n.e.c.
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
level 5a maple house, 149 tottenham court road, london, W1T 7NF
Bank
-
Legal Advisor
-
rentflex 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 rentflex ltd.
rentflex 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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rentflex ltdCompanies House Filings - See Documents
