rheon properties ltd
rheon properties ltd Company Information
Company Number
10926571
Website
-Registered Address
3 benedict square, peterborough, PE4 6GD
Industry
Management of real estate on a fee or contract basis
Buying and selling of own real estate
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
stephen heron 100%
rheon properties ltd Estimated Valuation
Pomanda estimates the enterprise value of RHEON PROPERTIES LTD at £333.3k based on a Turnover of £194.3k and 1.72x industry multiple (adjusted for size and gross margin).
rheon properties ltd Estimated Valuation
Pomanda estimates the enterprise value of RHEON PROPERTIES LTD at £0 based on an EBITDA of £-7k and a 4.48x industry multiple (adjusted for size and gross margin).
rheon properties ltd Estimated Valuation
Pomanda estimates the enterprise value of RHEON PROPERTIES LTD at £0 based on Net Assets of £-118.5k and 1.61x industry multiple (adjusted for liquidity).
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Rheon Properties Ltd Overview
Rheon Properties Ltd is a live company located in peterborough, PE4 6GD with a Companies House number of 10926571. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2017, it's largest shareholder is stephen heron with a 100% stake. Rheon Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £194.3k with rapid growth in recent years.
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Rheon Properties Ltd Health Check
Pomanda's financial health check has awarded Rheon Properties Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £194.3k, make it smaller than the average company (£1.1m)
- Rheon Properties Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (3%)
- Rheon Properties Ltd
3% - Industry AVG
Production
with a gross margin of 18.4%, this company has a higher cost of product (57.5%)
- Rheon Properties Ltd
57.5% - Industry AVG
Profitability
an operating margin of -3.6% make it less profitable than the average company (15.6%)
- Rheon Properties Ltd
15.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Rheon Properties Ltd
7 - Industry AVG
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£38k)
- Rheon Properties Ltd
£38k - Industry AVG
Efficiency
resulting in sales per employee of £97.2k, this is less efficient (£151.2k)
- Rheon Properties Ltd
£151.2k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (25 days)
- Rheon Properties Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 317 days, this is slower than average (31 days)
- Rheon Properties Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rheon Properties Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rheon Properties Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 220.4%, this is a higher level of debt than the average (67.9%)
220.4% - Rheon Properties Ltd
67.9% - Industry AVG
RHEON PROPERTIES LTD financials
Rheon Properties Ltd's latest turnover from August 2023 is estimated at £194.3 thousand and the company has net assets of -£118.5 thousand. According to their latest financial statements, Rheon Properties Ltd has 2 employees 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 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 61,115 | 61,115 | 61,115 | 61,115 | 61,115 | 0 |
| 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 | 61,115 | 61,115 | 61,115 | 61,115 | 61,115 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 37,297 | 39,595 | 44,755 | 498 | 401 | 0 |
| 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 | 37,297 | 39,595 | 44,755 | 498 | 401 | 0 |
| total assets | 98,412 | 100,710 | 105,870 | 61,613 | 61,516 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 137,901 | 131,288 | 92,100 | 97,610 | 85,244 | 0 |
| 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 | 137,901 | 131,288 | 92,100 | 97,610 | 85,244 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 700 | 700 | 550 | 441 | 400 | 0 |
| other liabilities | 78,328 | 80,207 | 83,554 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 79,028 | 80,907 | 84,104 | 441 | 400 | 0 |
| total liabilities | 216,929 | 212,195 | 176,204 | 98,051 | 85,644 | 0 |
| net assets | -118,517 | -111,485 | -70,334 | -36,438 | -24,128 | 0 |
| total shareholders funds | -118,517 | -111,485 | -70,334 | -36,438 | -24,128 | 0 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,298 | -5,160 | 44,257 | 97 | 401 | 0 |
| Creditors | 6,613 | 39,188 | -5,510 | 12,366 | 85,244 | 0 |
| Accruals and Deferred Income | 0 | 150 | 109 | 41 | 400 | 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 | -1,879 | -3,347 | 83,554 | 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 |
rheon properties ltd Credit Report and Business Information
Rheon Properties Ltd Competitor Analysis
Perform a competitor analysis for rheon properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PE4 area or any other competitors across 12 key performance metrics.
rheon properties ltd Ownership
RHEON PROPERTIES LTD group structure
Rheon Properties Ltd has no subsidiary companies.
Ultimate parent company
RHEON PROPERTIES LTD
10926571
rheon properties ltd directors
Rheon Properties Ltd currently has 2 directors. The longest serving directors include Mr Stephen Heron (Aug 2017) and Mr Aidan Heron (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Heron | England | 64 years | Aug 2017 | - | Director |
| Mr Aidan Heron | United Kingdom | 31 years | Mar 2021 | - | Director |
P&L
August 2023turnover
194.3k
-4%
operating profit
-7k
0%
gross margin
18.4%
-6.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-118.5k
+0.06%
total assets
98.4k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
rheon properties ltd company details
company number
10926571
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
68320 - Management of real estate on a fee or contract basis
68100 - Buying and selling of own real estate
incorporation date
August 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
3 benedict square, peterborough, PE4 6GD
Bank
-
Legal Advisor
-
rheon properties 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 1 charges/mortgages relating to rheon properties ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
rheon properties ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
