reikan limited

2.5

reikan limited Company Information

Share REIKAN LIMITED
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YoungMicroRapid

Company Number

10740119

Registered Address

34 kenmore road, harrow, HA3 9EL

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

January 2026

Group Structure

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Directors

Rangarajan Venkatesan7 Years

Savita Rangarajan7 Years

View All

Shareholders

rangarajan venkatesan 45%

savita rangarajan 45%

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reikan limited Estimated Valuation

£437.5k

Pomanda estimates the enterprise value of REIKAN LIMITED at £437.5k based on a Turnover of £237.2k and 1.84x industry multiple (adjusted for size and gross margin).

reikan limited Estimated Valuation

£45.3k

Pomanda estimates the enterprise value of REIKAN LIMITED at £45.3k based on an EBITDA of £9.4k and a 4.84x industry multiple (adjusted for size and gross margin).

reikan limited Estimated Valuation

£0

Pomanda estimates the enterprise value of REIKAN LIMITED at £0 based on Net Assets of £-3.3k and 1.6x industry multiple (adjusted for liquidity).

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Reikan Limited Overview

Reikan Limited is a live company located in harrow, HA3 9EL with a Companies House number of 10740119. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2017, it's largest shareholder is rangarajan venkatesan with a 45% stake. Reikan Limited is a young, micro sized company, Pomanda has estimated its turnover at £237.2k with rapid growth in recent years.

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Reikan Limited Health Check

Pomanda's financial health check has awarded Reikan Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £237.2k, make it smaller than the average company (£967.7k)

£237.2k - Reikan Limited

£967.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 145%, show it is growing at a faster rate (6.5%)

145% - Reikan Limited

6.5% - Industry AVG

production

Production

with a gross margin of 23.7%, this company has a higher cost of product (64.4%)

23.7% - Reikan Limited

64.4% - Industry AVG

profitability

Profitability

an operating margin of 4% make it less profitable than the average company (18.9%)

4% - Reikan Limited

18.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Reikan Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £38k, the company has an equivalent pay structure (£38k)

£38k - Reikan Limited

£38k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £237.2k, this is more efficient (£157.2k)

£237.2k - Reikan Limited

£157.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 85 days, this is later than average (32 days)

85 days - Reikan Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 225 days, this is slower than average (32 days)

225 days - Reikan Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Reikan Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Reikan Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100.3%, this is a higher level of debt than the average (74%)

100.3% - Reikan Limited

74% - Industry AVG

REIKAN LIMITED financials

EXPORTms excel logo

Reikan Limited's latest turnover from April 2024 is estimated at £237.2 thousand and the company has net assets of -£3.3 thousand. According to their latest financial statements, we estimate that Reikan Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Turnover237,195160,020169,11516,20610,35837,76722,208
Other Income Or Grants0000000
Cost Of Sales180,917125,522135,61513,2538,23329,87917,272
Gross Profit56,27834,49833,5012,9532,1257,8874,936
Admin Expenses46,91342,59034,6872,3734,7326,3765,111
Operating Profit9,365-8,092-1,186580-2,6071,511-175
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit9,365-8,092-1,186580-2,6071,511-175
Tax-2,34100-1100-2870
Profit After Tax7,024-8,092-1,186470-2,6071,224-175
Dividends Paid0000000
Retained Profit7,024-8,092-1,186470-2,6071,224-175
Employee Costs37,99037,10335,39132,60732,24332,26130,471
Number Of Employees1111111
EBITDA*9,365-8,092-1,186580-2,6071,511-175

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Tangible Assets947,793948,1289211,256000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets947,793948,1289211,256000
Stock & work in progress0000000
Trade Debtors55,71436,54056,9404,4722,4869,7746,046
Group Debtors0000000
Misc Debtors2,2412,15600000
Cash0000000
misc current assets0000000
total current assets57,95538,69656,9404,4722,4869,7746,046
total assets1,005,748986,82457,8615,7282,4869,7746,046
Bank overdraft0000000
Bank loan0000000
Trade Creditors 111,657104,3299,8226,5283,8518,5756,071
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities111,657104,3299,8226,5283,8518,5756,071
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income6,0251,938313288193150150
other liabilities891,408890,92350,0000000
provisions0000000
total long term liabilities897,433892,86150,313288193150150
total liabilities1,009,090997,19060,1356,8164,0448,7256,221
net assets-3,342-10,366-2,274-1,088-1,5581,049-175
total shareholders funds-3,342-10,366-2,274-1,088-1,5581,049-175
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Operating Activities
Operating Profit9,365-8,092-1,186580-2,6071,511-175
Depreciation0000000
Amortisation0000000
Tax-2,34100-1100-2870
Stock0000000
Debtors19,259-18,24452,4681,986-7,2883,7286,046
Creditors7,32894,5073,2942,677-4,7242,5046,071
Accruals and Deferred Income4,0871,6252595430150
Deferred Taxes & Provisions0000000
Cash flow from operations-820106,284-50,3351,256000
Investing Activities
capital expenditure335-947,207335-1,256000
Change in Investments0000000
cash flow from investments335-947,207335-1,256000
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities485840,92350,0000000
share issue0000000
interest0000000
cash flow from financing485840,92350,0000000
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

reikan 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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Reikan Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for reikan limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA3 area or any other competitors across 12 key performance metrics.

reikan limited Ownership

REIKAN LIMITED group structure

Reikan Limited has no subsidiary companies.

Ultimate parent company

REIKAN LIMITED

10740119

REIKAN LIMITED Shareholders

rangarajan venkatesan 45%
savita rangarajan 45%
karan rangarajan 10%

reikan limited directors

Reikan Limited currently has 3 directors. The longest serving directors include Mr Rangarajan Venkatesan (Apr 2017) and Dr Savita Rangarajan (Apr 2017).

officercountryagestartendrole
Mr Rangarajan VenkatesanEngland65 years Apr 2017- Director
Dr Savita RangarajanEngland62 years Apr 2017- Director
Mr Karan RangarajanUnited Kingdom34 years Apr 2021- Director

P&L

April 2024

turnover

237.2k

+48%

operating profit

9.4k

0%

gross margin

23.8%

+10.06%

turnover

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

Balance Sheet

April 2024

net assets

-3.3k

-0.68%

total assets

1m

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

reikan limited company details

company number

10740119

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.

68320 - Management of real estate on a fee or contract basis

incorporation date

April 2017

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

34 kenmore road, harrow, HA3 9EL

Bank

-

Legal Advisor

-

reikan 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 reikan limited. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

reikan limited Companies House Filings - See Documents

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