reiver life ltd
reiver life ltd Company Information
Company Number
10859367
Website
https://reiver.fitnessRegistered Address
heskin hall farm wood lane, heskin, preston, PR7 5PA
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Telephone
-
Next Accounts Due
394 days late
Group Structure
View All
Shareholders
jon johnston 100%
reiver life ltd Estimated Valuation
Pomanda estimates the enterprise value of REIVER LIFE LTD at £417.5k based on a Turnover of £535.8k and 0.78x industry multiple (adjusted for size and gross margin).
reiver life ltd Estimated Valuation
Pomanda estimates the enterprise value of REIVER LIFE LTD at £56.7k based on an EBITDA of £19.7k and a 2.88x industry multiple (adjusted for size and gross margin).
reiver life ltd Estimated Valuation
Pomanda estimates the enterprise value of REIVER LIFE LTD at £48.8k based on Net Assets of £28.7k and 1.7x industry multiple (adjusted for liquidity).
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Reiver Life Ltd Overview
Reiver Life Ltd is a live company located in preston, PR7 5PA with a Companies House number of 10859367. It operates in the other sports activities sector, SIC Code 93199. Founded in July 2017, it's largest shareholder is jon johnston with a 100% stake. Reiver Life Ltd is a young, small sized company, Pomanda has estimated its turnover at £535.8k with healthy growth in recent years.
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Reiver Life Ltd Health Check
Pomanda's financial health check has awarded Reiver Life Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £535.8k, make it in line with the average company (£510.5k)
- Reiver Life Ltd
£510.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (-1.8%)
- Reiver Life Ltd
-1.8% - Industry AVG
Production
with a gross margin of 44.5%, this company has a comparable cost of product (44.5%)
- Reiver Life Ltd
44.5% - Industry AVG
Profitability
an operating margin of 3.1% make it less profitable than the average company (4.1%)
- Reiver Life Ltd
4.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (14)
3 - Reiver Life Ltd
14 - Industry AVG
Pay Structure
on an average salary of £27k, the company has an equivalent pay structure (£27k)
- Reiver Life Ltd
£27k - Industry AVG
Efficiency
resulting in sales per employee of £178.6k, this is more efficient (£55.8k)
- Reiver Life Ltd
£55.8k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is near the average (15 days)
- Reiver Life Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (29 days)
- Reiver Life Ltd
29 days - Industry AVG
Stock Days
it holds stock equivalent to 411 days, this is more than average (20 days)
- Reiver Life Ltd
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (80 weeks)
0 weeks - Reiver Life Ltd
80 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.4%, this is a higher level of debt than the average (42.6%)
93.4% - Reiver Life Ltd
42.6% - Industry AVG
REIVER LIFE LTD financials
Reiver Life Ltd's latest turnover from December 2021 is estimated at £535.8 thousand and the company has net assets of £28.7 thousand. According to their latest financial statements, Reiver Life Ltd has 3 employees and maintains cash reserves of £2.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 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 | 3 | 3 | 2 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | |
|---|---|---|---|---|
| Tangible Assets | 12,215 | 14,239 | 17,228 | 23,433 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 12,215 | 14,239 | 17,228 | 23,433 |
| Stock & work in progress | 335,418 | 302,903 | 155,780 | 61,762 |
| Trade Debtors | 18,375 | 10,401 | 28,257 | 26,339 |
| Group Debtors | 37,239 | 5,828 | 0 | 0 |
| Misc Debtors | 29,324 | 382 | 43,832 | 20,835 |
| Cash | 2,062 | 1,573 | 1,161 | 4,709 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 422,418 | 321,087 | 229,030 | 113,645 |
| total assets | 434,633 | 335,326 | 246,258 | 137,078 |
| Bank overdraft | 127,317 | 78,712 | 93,678 | 21,744 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 44,103 | 121,599 | 54,401 | 62,122 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,810 | 10,482 | 4,214 | 2,810 |
| other current liabilities | 90,192 | 59,803 | 79,883 | 40,758 |
| total current liabilities | 264,422 | 270,596 | 232,176 | 127,434 |
| loans | 0 | 0 | 0 | 5,347 |
| hp & lease commitments | 4,863 | 0 | 9,077 | 14,696 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 136,632 | 44,167 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 141,495 | 44,167 | 9,077 | 20,043 |
| total liabilities | 405,917 | 314,763 | 241,253 | 147,477 |
| net assets | 28,716 | 20,563 | 5,005 | -10,399 |
| total shareholders funds | 28,716 | 20,563 | 5,005 | -10,399 |
| Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 3,173 | 3,800 | 6,882 | 3,140 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 32,515 | 147,123 | 94,018 | 61,762 |
| Debtors | 68,327 | -55,478 | 24,915 | 47,174 |
| Creditors | -77,496 | 67,198 | -7,721 | 62,122 |
| Accruals and Deferred Income | 30,389 | -20,080 | 39,125 | 40,758 |
| 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 | -5,347 | 5,347 |
| Hire Purchase and Lease Commitments | -2,809 | -2,809 | -4,215 | 17,506 |
| other long term liabilities | 92,465 | 44,167 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 489 | 412 | -3,548 | 4,709 |
| overdraft | 48,605 | -14,966 | 71,934 | 21,744 |
| change in cash | -48,116 | 15,378 | -75,482 | -17,035 |
reiver life ltd Credit Report and Business Information
Reiver Life Ltd Competitor Analysis
Perform a competitor analysis for reiver life ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in PR7 area or any other competitors across 12 key performance metrics.
reiver life ltd Ownership
REIVER LIFE LTD group structure
Reiver Life Ltd has no subsidiary companies.
Ultimate parent company
REIVER LIFE LTD
10859367
reiver life ltd directors
Reiver Life Ltd currently has 2 directors. The longest serving directors include Mr Jonathan Johnston (Jul 2017) and Mrs Ekaterina Johnston (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Johnston | Northern Ireland | 60 years | Jul 2017 | - | Director |
| Mrs Ekaterina Johnston | England | 42 years | Jun 2019 | - | Director |
P&L
December 2021turnover
535.8k
-17%
operating profit
16.5k
0%
gross margin
44.6%
+8.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
28.7k
+0.4%
total assets
434.6k
+0.3%
cash
2.1k
+0.31%
net assets
Total assets minus all liabilities
reiver life ltd company details
company number
10859367
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
July 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2021
previous names
headroom sports limited (June 2018)
accountant
-
auditor
-
address
heskin hall farm wood lane, heskin, preston, PR7 5PA
Bank
-
Legal Advisor
-
reiver life 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 reiver life ltd.
reiver life ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
