reymel estates limited

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reymel estates limited Company Information

Share REYMEL ESTATES LIMITED

Company Number

10663998

Shareholders

stephen demetriou

nese demetriou

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

717 green lanes, winchmore hill, london, N21 3RX

Website

-

reymel estates limited Estimated Valuation

£5.6m

Pomanda estimates the enterprise value of REYMEL ESTATES LIMITED at £5.6m based on a Turnover of £2.1m and 2.68x industry multiple (adjusted for size and gross margin).

reymel estates limited Estimated Valuation

£364.4k

Pomanda estimates the enterprise value of REYMEL ESTATES LIMITED at £364.4k based on an EBITDA of £68.9k and a 5.29x industry multiple (adjusted for size and gross margin).

reymel estates limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of REYMEL ESTATES LIMITED at £1.2m based on Net Assets of £707.9k and 1.71x industry multiple (adjusted for liquidity).

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Reymel Estates Limited Overview

Reymel Estates Limited is a live company located in london, N21 3RX with a Companies House number of 10663998. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2017, it's largest shareholder is stephen demetriou with a 50% stake. Reymel Estates Limited is a young, small sized company, Pomanda has estimated its turnover at £2.1m with high growth in recent years.

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Reymel Estates Limited Health Check

Pomanda's financial health check has awarded Reymel Estates Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.1m, make it larger than the average company (£922k)

£2.1m - Reymel Estates Limited

£922k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (4.9%)

26% - Reymel Estates Limited

4.9% - Industry AVG

production

Production

with a gross margin of 34.7%, this company has a higher cost of product (75.6%)

34.7% - Reymel Estates Limited

75.6% - Industry AVG

profitability

Profitability

an operating margin of 3.3% make it less profitable than the average company (29.5%)

3.3% - Reymel Estates Limited

29.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Reymel Estates Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)

£32.5k - Reymel Estates Limited

£32.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.1m, this is more efficient (£178.7k)

£1.1m - Reymel Estates Limited

£178.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 121 days, this is later than average (30 days)

121 days - Reymel Estates Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is quicker than average (38 days)

27 days - Reymel Estates Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Reymel Estates Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Reymel Estates Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 38.2%, this is a lower level of debt than the average (63.8%)

38.2% - Reymel Estates Limited

63.8% - Industry AVG

REYMEL ESTATES LIMITED financials

EXPORTms excel logo

Reymel Estates Limited's latest turnover from March 2024 is estimated at £2.1 million and the company has net assets of £707.9 thousand. According to their latest financial statements, Reymel Estates Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover2,101,8821,698,861937,1341,044,330598,93257,285161,595
Other Income Or Grants0000000
Cost Of Sales1,372,6601,134,225632,305689,674400,25238,529107,159
Gross Profit729,222564,636304,829354,656198,68018,75654,436
Admin Expenses660,335-15,232322,554102,199198,04819,29354,638
Operating Profit68,887579,868-17,725252,457632-537-202
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit68,887579,868-17,725252,457632-537-202
Tax-17,222-110,1750-47,967-12000
Profit After Tax51,665469,693-17,725204,490512-537-202
Dividends Paid0000000
Retained Profit51,665469,693-17,725204,490512-537-202
Employee Costs64,99860,75559,08953,71754,78527,05726,178
Number Of Employees2222211
EBITDA*68,887579,868-17,725252,457632-537-202

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets448,100108,300108,300108,300108,250108,2500
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets448,100108,300108,300108,300108,250108,2500
Stock & work in progress0000000
Trade Debtors697,778635,844356,986379,176180,68311,26039,981
Group Debtors0000000
Misc Debtors0000000
Cash0000000
misc current assets0000000
total current assets697,778635,844356,986379,176180,68311,26039,981
total assets1,145,878744,144465,286487,476288,933119,51039,981
Bank overdraft0000000
Bank loan0000000
Trade Creditors 102,6208,468199,303203,888209,89540,98439,883
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities102,6208,468199,303203,888209,89540,98439,883
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income1,200720720600540540300
other liabilities334,16278,72578,72578,72578,72578,7250
provisions0000000
total long term liabilities335,36279,44579,44579,32579,26579,265300
total liabilities437,98287,913278,748283,213289,160120,24940,183
net assets707,896656,231186,538204,263-227-739-202
total shareholders funds707,896656,231186,538204,263-227-739-202
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit68,887579,868-17,725252,457632-537-202
Depreciation0000000
Amortisation0000000
Tax-17,222-110,1750-47,967-12000
Stock0000000
Debtors61,934278,858-22,190198,493169,423-28,72139,981
Creditors94,152-190,835-4,585-6,007168,9111,10139,883
Accruals and Deferred Income4800120600240300
Deferred Taxes & Provisions0000000
Cash flow from operations84,3630050029,5250
Investing Activities
capital expenditure-339,80000-500-108,2500
Change in Investments0000000
cash flow from investments-339,80000-500-108,2500
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities255,437000078,7250
share issue0000000
interest0000000
cash flow from financing255,437000078,7250
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

reymel estates limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Reymel Estates Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for reymel estates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N21 area or any other competitors across 12 key performance metrics.

reymel estates limited Ownership

REYMEL ESTATES LIMITED group structure

Reymel Estates Limited has no subsidiary companies.

Ultimate parent company

REYMEL ESTATES LIMITED

10663998

REYMEL ESTATES LIMITED Shareholders

stephen demetriou 50%
nese demetriou 50%

reymel estates limited directors

Reymel Estates Limited currently has 2 directors. The longest serving directors include Mrs Nese Demetriou (Mar 2017) and Mr Stephen Demetriou (Mar 2017).

officercountryagestartendrole
Mrs Nese DemetriouUnited Kingdom45 years Mar 2017- Director
Mr Stephen DemetriouUnited Kingdom45 years Mar 2017- Director

P&L

March 2024

turnover

2.1m

+24%

operating profit

68.9k

0%

gross margin

34.7%

+4.39%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

707.9k

+0.08%

total assets

1.1m

+0.54%

cash

0

0%

net assets

Total assets minus all liabilities

reymel estates limited company details

company number

10663998

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

March 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

ELITE ACCOUNTANTS (LONDON) LIMITED

auditor

-

address

717 green lanes, winchmore hill, london, N21 3RX

Bank

-

Legal Advisor

-

reymel estates 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 3 charges/mortgages relating to reymel estates limited. Currently there are 3 open charges and 0 have been satisfied in the past.

reymel estates limited 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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reymel estates limited Companies House Filings - See Documents

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