ridewell limited
ridewell limited Company Information
Company Number
10906139
Website
www.ridewellcorp.comRegistered Address
cambridge house 32 padwell road, southampton, SO14 6QZ
Industry
Management consultancy activities (other than financial management)
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Richard Watson7 Years
Shareholders
mr richard j.s. watson 100%
ridewell limited Estimated Valuation
Pomanda estimates the enterprise value of RIDEWELL LIMITED at £37.4k based on a Turnover of £86.4k and 0.43x industry multiple (adjusted for size and gross margin).
ridewell limited Estimated Valuation
Pomanda estimates the enterprise value of RIDEWELL LIMITED at £0 based on an EBITDA of £-21.1k and a 3.23x industry multiple (adjusted for size and gross margin).
ridewell limited Estimated Valuation
Pomanda estimates the enterprise value of RIDEWELL LIMITED at £0 based on Net Assets of £-35k and 0.87x industry multiple (adjusted for liquidity).
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Ridewell Limited Overview
Ridewell Limited is a live company located in southampton, SO14 6QZ with a Companies House number of 10906139. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in August 2017, it's largest shareholder is mr richard j.s. watson with a 100% stake. Ridewell Limited is a young, micro sized company, Pomanda has estimated its turnover at £86.4k with declining growth in recent years.
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Ridewell Limited Health Check
Pomanda's financial health check has awarded Ridewell Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £86.4k, make it smaller than the average company (£277.7k)
- Ridewell Limited
£277.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7%)
- Ridewell Limited
7% - Industry AVG
Production
with a gross margin of 25.4%, this company has a higher cost of product (55.3%)
- Ridewell Limited
55.3% - Industry AVG
Profitability
an operating margin of -24.4% make it less profitable than the average company (8.4%)
- Ridewell Limited
8.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Ridewell Limited
3 - Industry AVG
Pay Structure
on an average salary of £41.4k, the company has an equivalent pay structure (£41.4k)
- Ridewell Limited
£41.4k - Industry AVG
Efficiency
resulting in sales per employee of £86.4k, this is less efficient (£109.8k)
- Ridewell Limited
£109.8k - Industry AVG
Debtor Days
it gets paid by customers after 108 days, this is later than average (70 days)
- Ridewell Limited
70 days - Industry AVG
Creditor Days
its suppliers are paid after 373 days, this is slower than average (27 days)
- Ridewell Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ridewell Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ridewell Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 213.4%, this is a higher level of debt than the average (55.8%)
213.4% - Ridewell Limited
55.8% - Industry AVG
RIDEWELL LIMITED financials
Ridewell Limited's latest turnover from August 2023 is estimated at £86.4 thousand and the company has net assets of -£35 thousand. According to their latest financial statements, we estimate that Ridewell Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 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
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 5,141 | 5,595 | 11,649 | 15,532 | 20,285 | 27,047 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,141 | 5,595 | 11,649 | 15,532 | 20,285 | 27,047 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 25,730 | 31,969 | 28,587 | 49,613 | 66,053 | 42,222 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 25,730 | 31,969 | 28,587 | 49,613 | 66,053 | 42,222 |
| total assets | 30,871 | 37,564 | 40,236 | 65,145 | 86,338 | 69,269 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 65,865 | 51,487 | 24,559 | 16,062 | 16,278 | 14,788 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 65,865 | 51,487 | 24,559 | 16,062 | 16,278 | 14,788 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 65,865 | 51,487 | 24,559 | 16,062 | 16,278 | 14,788 |
| net assets | -34,994 | -13,923 | 15,677 | 49,083 | 70,060 | 54,481 |
| total shareholders funds | -34,994 | -13,923 | 15,677 | 49,083 | 70,060 | 54,481 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,239 | 3,382 | -21,026 | -16,440 | 23,831 | 42,222 |
| Creditors | 14,378 | 26,928 | 8,497 | -216 | 1,490 | 14,788 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
ridewell limited Credit Report and Business Information
Ridewell Limited Competitor Analysis
Perform a competitor analysis for ridewell limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SO14 area or any other competitors across 12 key performance metrics.
ridewell limited Ownership
RIDEWELL LIMITED group structure
Ridewell Limited has no subsidiary companies.
Ultimate parent company
RIDEWELL LIMITED
10906139
ridewell limited directors
Ridewell Limited currently has 1 director, Mr Richard Watson serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Watson | United Kingdom | 63 years | Aug 2017 | - | Director |
P&L
August 2023turnover
86.4k
+8%
operating profit
-21.1k
0%
gross margin
25.5%
+1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-35k
+1.51%
total assets
30.9k
-0.18%
cash
0
0%
net assets
Total assets minus all liabilities
ridewell limited company details
company number
10906139
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
August 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
cambridge house 32 padwell road, southampton, SO14 6QZ
accountant
-
auditor
-
ridewell 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 ridewell limited.
ridewell limited Companies House Filings - See Documents
| date | description | view/download |
|---|
