rich ideas limited
rich ideas limited Company Information
Company Number
10768170
Next Accounts
Dec 2024
Industry
Advertising agencies
Directors
Shareholders
richard brown
Group Structure
View All
Contact
Registered Address
51 arragon road, twickenham, TW1 3NG
Website
richideas.co.zarich ideas limited Estimated Valuation
Pomanda estimates the enterprise value of RICH IDEAS LIMITED at £22.1k based on a Turnover of £64.2k and 0.34x industry multiple (adjusted for size and gross margin).
rich ideas limited Estimated Valuation
Pomanda estimates the enterprise value of RICH IDEAS LIMITED at £2.2k based on an EBITDA of £908 and a 2.38x industry multiple (adjusted for size and gross margin).
rich ideas limited Estimated Valuation
Pomanda estimates the enterprise value of RICH IDEAS LIMITED at £4k based on Net Assets of £2.2k and 1.84x industry multiple (adjusted for liquidity).
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Rich Ideas Limited Overview
Rich Ideas Limited is a dissolved company that was located in twickenham, TW1 3NG with a Companies House number of 10768170. It operated in the advertising agencies sector, SIC Code 73110. Founded in May 2017, it's largest shareholder was richard brown with a 100% stake. The last turnover for Rich Ideas Limited was estimated at £64.2k.
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Rich Ideas Limited Health Check
Pomanda's financial health check has awarded Rich Ideas 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £64.2k, make it smaller than the average company (£5.2m)
- Rich Ideas Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (-5.2%)
- Rich Ideas Limited
-5.2% - Industry AVG
Production
with a gross margin of 23.2%, this company has a higher cost of product (48%)
- Rich Ideas Limited
48% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (4.3%)
- Rich Ideas Limited
4.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (36)
1 - Rich Ideas Limited
36 - Industry AVG
Pay Structure
on an average salary of £55.1k, the company has an equivalent pay structure (£55.1k)
- Rich Ideas Limited
£55.1k - Industry AVG
Efficiency
resulting in sales per employee of £64.2k, this is less efficient (£144.7k)
- Rich Ideas Limited
£144.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rich Ideas Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (52 days)
- Rich Ideas Limited
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rich Ideas Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 59 weeks, this is more cash available to meet short term requirements (21 weeks)
59 weeks - Rich Ideas Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.9%, this is a higher level of debt than the average (67.2%)
86.9% - Rich Ideas Limited
67.2% - Industry AVG
RICH IDEAS LIMITED financials
Rich Ideas Limited's latest turnover from May 2021 is estimated at £64.2 thousand and the company has net assets of £2.2 thousand. According to their latest financial statements, Rich Ideas Limited has 1 employee and maintains cash reserves of £16.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2021 | May 2020 | May 2019 | May 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 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 508 | 1,017 |
| 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 | 508 | 1,017 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 4,700 | 3,634 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 16,464 | 10,619 | 21,299 | 16,823 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 16,464 | 10,619 | 25,999 | 20,457 |
| total assets | 16,464 | 10,619 | 26,507 | 21,474 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,308 | 9,210 | 21,210 | 13,206 |
| 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 | 14,308 | 9,210 | 21,210 | 13,206 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 14,308 | 9,210 | 21,210 | 13,206 |
| net assets | 2,156 | 1,409 | 5,297 | 8,268 |
| total shareholders funds | 2,156 | 1,409 | 5,297 | 8,268 |
| May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 508 | 509 | 509 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 0 | -4,700 | 1,066 | 3,634 |
| Creditors | 5,098 | -12,000 | 8,004 | 13,206 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 5,845 | -10,680 | 4,476 | 16,823 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 5,845 | -10,680 | 4,476 | 16,823 |
rich ideas limited Credit Report and Business Information
Rich Ideas Limited Competitor Analysis
Perform a competitor analysis for rich ideas limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in TW1 area or any other competitors across 12 key performance metrics.
rich ideas limited Ownership
RICH IDEAS LIMITED group structure
Rich Ideas Limited has no subsidiary companies.
Ultimate parent company
RICH IDEAS LIMITED
10768170
rich ideas limited directors
Rich Ideas Limited currently has 1 director, Mr Richard Brown serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Brown | England | 53 years | May 2017 | - | Director |
P&L
May 2021turnover
64.2k
-3%
operating profit
908.7
0%
gross margin
23.3%
-1.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2021net assets
2.2k
+0.53%
total assets
16.5k
+0.55%
cash
16.5k
+0.55%
net assets
Total assets minus all liabilities
rich ideas limited company details
company number
10768170
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
incorporation date
May 2017
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
May 2021
previous names
N/A
accountant
FINOVIUM & CO
auditor
-
address
51 arragon road, twickenham, TW1 3NG
Bank
-
Legal Advisor
-
rich ideas 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 rich ideas limited.
rich ideas 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.
Click to start generating capital raising & share issue transactions for RICH IDEAS LIMITED. This can take several minutes, an email will notify you when this has completed.
rich ideas limited Companies House Filings - See Documents
| date | description | view/download |
|---|
