redthorne developments ltd
redthorne developments ltd Company Information
Company Number
10834154
Website
http://shorewoodhomes.co.ukRegistered Address
first floor new frith house, 21 hyde street, winchester, hampshire, SO23 7DR
Industry
Management consultancy activities (other than financial management)
Telephone
01962678528
Next Accounts Due
March 2025
Group Structure
View All
Directors
Simon MacHola7 Years
Shareholders
simon jan machola 98%
helena machola 1%
View Allredthorne developments ltd Estimated Valuation
Pomanda estimates the enterprise value of REDTHORNE DEVELOPMENTS LTD at £43.7k based on a Turnover of £76.4k and 0.57x industry multiple (adjusted for size and gross margin).
redthorne developments ltd Estimated Valuation
Pomanda estimates the enterprise value of REDTHORNE DEVELOPMENTS LTD at £9k based on an EBITDA of £2.1k and a 4.27x industry multiple (adjusted for size and gross margin).
redthorne developments ltd Estimated Valuation
Pomanda estimates the enterprise value of REDTHORNE DEVELOPMENTS LTD at £2k based on Net Assets of £2.3k and 0.87x industry multiple (adjusted for liquidity).
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Redthorne Developments Ltd Overview
Redthorne Developments Ltd is a live company located in winchester, SO23 7DR with a Companies House number of 10834154. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in June 2017, it's largest shareholder is simon jan machola with a 98% stake. Redthorne Developments Ltd is a young, micro sized company, Pomanda has estimated its turnover at £76.4k with declining growth in recent years.
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Redthorne Developments Ltd Health Check
Pomanda's financial health check has awarded Redthorne Developments Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £76.4k, make it smaller than the average company (£304.1k)
- Redthorne Developments Ltd
£304.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (6.2%)
- Redthorne Developments Ltd
6.2% - Industry AVG
Production
with a gross margin of 55.3%, this company has a comparable cost of product (55.3%)
- Redthorne Developments Ltd
55.3% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (8.4%)
- Redthorne Developments Ltd
8.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Redthorne Developments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Redthorne Developments Ltd
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £38.2k, this is less efficient (£109.8k)
- Redthorne Developments Ltd
£109.8k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (71 days)
- Redthorne Developments Ltd
71 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Redthorne Developments Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Redthorne Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (23 weeks)
40 weeks - Redthorne Developments Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.2%, this is a higher level of debt than the average (56.3%)
93.2% - Redthorne Developments Ltd
56.3% - Industry AVG
REDTHORNE DEVELOPMENTS LTD financials
Redthorne Developments Ltd's latest turnover from June 2023 is estimated at £76.4 thousand and the company has net assets of £2.3 thousand. According to their latest financial statements, Redthorne Developments Ltd has 2 employees and maintains cash reserves of £24 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | 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 | 2 | 2 | 2 | 2 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,486 | 4,086 | 156 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 50 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,536 | 4,086 | 156 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 915 | 0 | 0 | 0 | 50,000 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,416 | 2,045 | 19,614 | 56,522 | 0 | 0 |
| Cash | 24,012 | 28,126 | 5,519 | 11,702 | 10,097 | 44,777 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 31,343 | 30,171 | 25,133 | 68,224 | 60,097 | 44,777 |
| total assets | 33,879 | 34,257 | 25,289 | 68,224 | 60,097 | 44,777 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1,590 | 1,228 | 0 | 35,323 | 27,804 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 30,938 | 31,462 | 22,842 | 52,827 | 0 | 0 |
| total current liabilities | 30,938 | 33,052 | 24,070 | 52,827 | 35,323 | 27,804 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 621 | 161 | 30 | 0 | 0 | 0 |
| total long term liabilities | 621 | 161 | 30 | 0 | 0 | 0 |
| total liabilities | 31,559 | 33,213 | 24,100 | 52,827 | 35,323 | 27,804 |
| net assets | 2,320 | 1,044 | 1,189 | 15,397 | 24,774 | 16,973 |
| total shareholders funds | 2,320 | 1,044 | 1,189 | 15,397 | 24,774 | 16,973 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 1,716 | 947 | 69 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 5,286 | -17,569 | -36,908 | 6,522 | 50,000 | 0 |
| Creditors | -1,590 | 362 | 1,228 | -35,323 | 7,519 | 27,804 |
| Accruals and Deferred Income | -524 | 8,620 | -29,985 | 52,827 | 0 | 0 |
| Deferred Taxes & Provisions | 460 | 131 | 30 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 50 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -4,114 | 22,607 | -6,183 | 1,605 | -34,680 | 44,777 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,114 | 22,607 | -6,183 | 1,605 | -34,680 | 44,777 |
redthorne developments ltd Credit Report and Business Information
Redthorne Developments Ltd Competitor Analysis
Perform a competitor analysis for redthorne developments ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SO23 area or any other competitors across 12 key performance metrics.
redthorne developments ltd Ownership
REDTHORNE DEVELOPMENTS LTD group structure
Redthorne Developments Ltd has 1 subsidiary company.
redthorne developments ltd directors
Redthorne Developments Ltd currently has 1 director, Mr Simon MacHola serving since Jun 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon MacHola | England | 43 years | Jun 2017 | - | Director |
P&L
June 2023turnover
76.4k
-40%
operating profit
397.9
0%
gross margin
55.3%
-0.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2.3k
+1.22%
total assets
33.9k
-0.01%
cash
24k
-0.15%
net assets
Total assets minus all liabilities
redthorne developments ltd company details
company number
10834154
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
June 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
first floor new frith house, 21 hyde street, winchester, hampshire, SO23 7DR
accountant
-
auditor
-
redthorne developments 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 did not find charges/mortgages relating to redthorne developments ltd.
redthorne developments ltd Companies House Filings - See Documents
| date | description | view/download |
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