readevelopments (halifax) limited
readevelopments (halifax) limited Company Information
Company Number
10695300
Website
-Registered Address
c/o xeinadin corporate recovery, 100 barbirolli square, manchester, M2 3BD
Industry
Development of building projects
Telephone
-
Next Accounts Due
641 days late
Group Structure
View All
Directors
John Read7 Years
Shareholders
john read 100%
readevelopments (halifax) limited Estimated Valuation
Pomanda estimates the enterprise value of READEVELOPMENTS (HALIFAX) LIMITED at £91.8k based on a Turnover of £173.4k and 0.53x industry multiple (adjusted for size and gross margin).
readevelopments (halifax) limited Estimated Valuation
Pomanda estimates the enterprise value of READEVELOPMENTS (HALIFAX) LIMITED at £0 based on an EBITDA of £-13.7k and a 3.86x industry multiple (adjusted for size and gross margin).
readevelopments (halifax) limited Estimated Valuation
Pomanda estimates the enterprise value of READEVELOPMENTS (HALIFAX) LIMITED at £0 based on Net Assets of £-13.5k and 1.55x industry multiple (adjusted for liquidity).
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Readevelopments (halifax) Limited Overview
Readevelopments (halifax) Limited is a live company located in manchester, M2 3BD with a Companies House number of 10695300. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2017, it's largest shareholder is john read with a 100% stake. Readevelopments (halifax) Limited is a young, micro sized company, Pomanda has estimated its turnover at £173.4k with rapid growth in recent years.
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Readevelopments (halifax) Limited Health Check
Pomanda's financial health check has awarded Readevelopments (Halifax) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £173.4k, make it smaller than the average company (£2m)
- Readevelopments (halifax) Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (1.1%)
- Readevelopments (halifax) Limited
1.1% - Industry AVG
Production
with a gross margin of 23.6%, this company has a comparable cost of product (23.6%)
- Readevelopments (halifax) Limited
23.6% - Industry AVG
Profitability
an operating margin of -7.9% make it less profitable than the average company (8.9%)
- Readevelopments (halifax) Limited
8.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Readevelopments (halifax) Limited
5 - Industry AVG
Pay Structure
on an average salary of £43.8k, the company has an equivalent pay structure (£43.8k)
- Readevelopments (halifax) Limited
£43.8k - Industry AVG
Efficiency
resulting in sales per employee of £173.4k, this is less efficient (£262.3k)
- Readevelopments (halifax) Limited
£262.3k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is near the average (31 days)
- Readevelopments (halifax) Limited
31 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Readevelopments (halifax) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is less than average (229 days)
- Readevelopments (halifax) Limited
229 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Readevelopments (halifax) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 144.8%, this is a higher level of debt than the average (76.5%)
144.8% - Readevelopments (halifax) Limited
76.5% - Industry AVG
READEVELOPMENTS (HALIFAX) LIMITED financials
Readevelopments (Halifax) Limited's latest turnover from March 2021 is estimated at £173.4 thousand and the company has net assets of -£13.5 thousand. According to their latest financial statements, Readevelopments (Halifax) Limited has 1 employee and maintains cash reserves of £3.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 12,000 | 12,000 | 0 | 0 |
| Trade Debtors | 14,842 | 10,864 | 927 | 4,275 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 3,232 | 4,129 | 858 | 677 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 30,074 | 26,993 | 1,785 | 4,952 |
| total assets | 30,074 | 26,993 | 1,785 | 4,952 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 808 | 996 | 4,179 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 808 | 996 | 4,179 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 550 | 0 | 0 | 461 |
| other liabilities | 43,000 | 26,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 43,550 | 26,000 | 0 | 461 |
| total liabilities | 43,550 | 26,808 | 996 | 4,640 |
| net assets | -13,476 | 185 | 789 | 312 |
| total shareholders funds | -13,476 | 185 | 789 | 312 |
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 12,000 | 0 | 0 |
| Debtors | 3,978 | 9,937 | -3,348 | 4,275 |
| Creditors | -808 | -188 | -3,183 | 4,179 |
| Accruals and Deferred Income | 550 | 0 | -461 | 461 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 17,000 | 26,000 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -897 | 3,271 | 181 | 677 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -897 | 3,271 | 181 | 677 |
readevelopments (halifax) limited Credit Report and Business Information
Readevelopments (halifax) Limited Competitor Analysis
Perform a competitor analysis for readevelopments (halifax) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in M 2 area or any other competitors across 12 key performance metrics.
readevelopments (halifax) limited Ownership
READEVELOPMENTS (HALIFAX) LIMITED group structure
Readevelopments (Halifax) Limited has no subsidiary companies.
Ultimate parent company
READEVELOPMENTS (HALIFAX) LIMITED
10695300
readevelopments (halifax) limited directors
Readevelopments (Halifax) Limited currently has 1 director, Mr John Read serving since Mar 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Read | England | 46 years | Mar 2017 | - | Director |
P&L
March 2021turnover
173.4k
+53%
operating profit
-13.7k
0%
gross margin
23.6%
-9.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
-13.5k
-73.84%
total assets
30.1k
+0.11%
cash
3.2k
-0.22%
net assets
Total assets minus all liabilities
readevelopments (halifax) limited company details
company number
10695300
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2021
address
c/o xeinadin corporate recovery, 100 barbirolli square, manchester, M2 3BD
accountant
-
auditor
-
readevelopments (halifax) 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 did not find charges/mortgages relating to readevelopments (halifax) limited.
readevelopments (halifax) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
