richmond lake ltd
richmond lake ltd Company Information
Company Number
10819852
Next Accounts
1006 days late
Industry
Buying and selling of own real estate
Shareholders
ayyaz ahmad
atif malik
Group Structure
View All
Contact
Registered Address
evelyn parnters llp, portwall pl, portwall lane, bristol, avon, BS1 6NA
Website
-richmond lake ltd Estimated Valuation
Pomanda estimates the enterprise value of RICHMOND LAKE LTD at £1.1m based on a Turnover of £383.8k and 2.75x industry multiple (adjusted for size and gross margin).
richmond lake ltd Estimated Valuation
Pomanda estimates the enterprise value of RICHMOND LAKE LTD at £216.9k based on an EBITDA of £34.5k and a 6.28x industry multiple (adjusted for size and gross margin).
richmond lake ltd Estimated Valuation
Pomanda estimates the enterprise value of RICHMOND LAKE LTD at £33.1k based on Net Assets of £20.5k and 1.61x industry multiple (adjusted for liquidity).
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Richmond Lake Ltd Overview
Richmond Lake Ltd is a live company located in bristol, BS1 6NA with a Companies House number of 10819852. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2017, it's largest shareholder is ayyaz ahmad with a 50% stake. Richmond Lake Ltd is a young, micro sized company, Pomanda has estimated its turnover at £383.8k with unknown growth in recent years.
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Richmond Lake Ltd Health Check
Pomanda's financial health check has awarded Richmond Lake Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £383.8k, make it smaller than the average company (£783k)
- Richmond Lake Ltd
£783k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Richmond Lake Ltd
- - Industry AVG
Production
with a gross margin of 69.9%, this company has a comparable cost of product (69.9%)
- Richmond Lake Ltd
69.9% - Industry AVG
Profitability
an operating margin of 9% make it less profitable than the average company (38.3%)
- Richmond Lake Ltd
38.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Richmond Lake Ltd
4 - Industry AVG
Pay Structure
on an average salary of £38.8k, the company has an equivalent pay structure (£38.8k)
- Richmond Lake Ltd
£38.8k - Industry AVG
Efficiency
resulting in sales per employee of £383.8k, this is more efficient (£217.9k)
- Richmond Lake Ltd
£217.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Richmond Lake Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 589 days, this is slower than average (37 days)
- Richmond Lake Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Richmond Lake Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is average cash available to meet short term requirements (7 weeks)
6 weeks - Richmond Lake Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (63.9%)
98.1% - Richmond Lake Ltd
63.9% - Industry AVG
RICHMOND LAKE LTD financials
Richmond Lake Ltd's latest turnover from June 2020 is estimated at £383.8 thousand and the company has net assets of £20.5 thousand. According to their latest financial statements, Richmond Lake Ltd has 1 employee and maintains cash reserves of £54.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2020 | Jun 2019 | Jun 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|
| Tangible Assets | 1,003,121 | 1,003,121 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 1,003,121 | 1,003,121 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 54,549 | 84,748 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 54,549 | 84,748 | 0 |
| total assets | 1,057,670 | 1,087,869 | 0 |
| Bank overdraft | 50,000 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 186,597 | 84,956 | 0 |
| Group/Directors Accounts | 95,195 | 75,761 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 122,794 | 355,217 | 0 |
| total current liabilities | 454,586 | 515,934 | 0 |
| loans | 582,555 | 549,950 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 582,555 | 549,950 | 0 |
| total liabilities | 1,037,141 | 1,065,884 | 0 |
| net assets | 20,529 | 21,985 | 0 |
| total shareholders funds | 20,529 | 21,985 | 0 |
| Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | |
| Amortisation | 0 | 0 | |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 |
| Creditors | 101,641 | 84,956 | 0 |
| Accruals and Deferred Income | -232,423 | 355,217 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 19,434 | 75,761 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 32,605 | 549,950 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -30,199 | 84,748 | 0 |
| overdraft | 50,000 | 0 | 0 |
| change in cash | -80,199 | 84,748 | 0 |
richmond lake ltd Credit Report and Business Information
Richmond Lake Ltd Competitor Analysis
Perform a competitor analysis for richmond lake ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BS1 area or any other competitors across 12 key performance metrics.
richmond lake ltd Ownership
RICHMOND LAKE LTD group structure
Richmond Lake Ltd has no subsidiary companies.
Ultimate parent company
RICHMOND LAKE LTD
10819852
richmond lake ltd directors
Richmond Lake Ltd currently has 2 directors. The longest serving directors include Mr Ayyaz Ahmad (Oct 2018) and Mr Atif Malik (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ayyaz Ahmad | England | 45 years | Oct 2018 | - | Director |
| Mr Atif Malik | England | 49 years | Jan 2021 | - | Director |
P&L
June 2020turnover
383.8k
+57%
operating profit
34.5k
0%
gross margin
69.9%
-0.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2020net assets
20.5k
-0.07%
total assets
1.1m
-0.03%
cash
54.5k
-0.36%
net assets
Total assets minus all liabilities
Similar Companies
richmond lake ltd company details
company number
10819852
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
June 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2020
previous names
N/A
accountant
-
auditor
-
address
evelyn parnters llp, portwall pl, portwall lane, bristol, avon, BS1 6NA
Bank
-
Legal Advisor
-
richmond lake 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 found 4 charges/mortgages relating to richmond lake ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
richmond lake 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.
Click to start generating capital raising & share issue transactions for RICHMOND LAKE LTD. This can take several minutes, an email will notify you when this has completed.
richmond lake ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
