Pomanda estimates the enterprise value of REID PROPERTY LIMITED at £1.1m based on a Turnover of £357k and 3.18x industry multiple (adjusted for size and gross margin).
reid property limitedEstimated Valuation
£8.6k
Pomanda estimates the enterprise value of REID PROPERTY LIMITED at £8.6k based on an EBITDA of £1.4k and a 6.19x industry multiple (adjusted for size and gross margin).
reid property limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of REID PROPERTY LIMITED at £0 based on Net Assets of £-11.8k and 1.68x industry multiple (adjusted for liquidity).
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Reid Property LimitedOverview
Reid Property Limited is a dissolved company that was located in ilkeston, DE7 6GH with a Companies House number of 10938630. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2017, it's largest shareholder was
mark reid
with a 50% stake. The last turnover for Reid Property Limited was estimated at £357k.
Pomanda's financial health check has awarded Reid Property Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
3 Regular
5 Weak
Size
annual sales of £357k, make it smaller than the average company (£822.5k)
£357k - Reid Property Limited
£822.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (2.7%)
30% - Reid Property Limited
2.7% - Industry AVG
Production
with a gross margin of 73%, this company has a comparable cost of product (73%)
73% - Reid Property Limited
73% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (27.1%)
0.4% - Reid Property Limited
27.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Reid Property Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
£31.2k - Reid Property Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £178.5k, this is equally as efficient (£178.5k)
£178.5k - Reid Property Limited
£178.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Reid Property Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Reid Property Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Reid Property Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (13 weeks)
5 weeks - Reid Property Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.5%, this is a higher level of debt than the average (67.9%)
112.5% - Reid Property Limited
67.9% - Industry AVG
REID PROPERTY LIMITED financials
EXPORT
Reid Property Limited's latest turnover from August 2023 is estimated at £357 thousand and the company has net assets of -£11.8 thousand. According to their latest financial statements, Reid Property Limited has 2 employees and maintains cash reserves of £10.5 thousand 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
357,029
179,199
154,921
162,767
311,326
Other Income Or Grants
Cost Of Sales
96,585
49,567
45,395
45,594
93,622
Gross Profit
260,444
129,632
109,526
117,173
217,704
Admin Expenses
259,054
129,181
110,170
117,522
225,636
4,713
Operating Profit
1,390
451
-644
-349
-7,932
-4,713
Interest Payable
Interest Receivable
455
81
5
5
11
Pre-Tax Profit
1,845
532
-639
-344
-7,921
-4,713
Tax
-461
-101
Profit After Tax
1,384
431
-639
-344
-7,921
-4,713
Dividends Paid
Retained Profit
1,384
431
-639
-344
-7,921
-4,713
Employee Costs
62,389
60,263
54,522
54,518
55,332
Number Of Employees
2
2
2
2
2
EBITDA*
1,390
451
-502
-137
-7,719
-4,713
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Tangible Assets
83,871
83,871
83,871
84,013
84,225
1,413
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
83,871
83,871
83,871
84,013
84,225
1,413
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash
10,495
6,855
2,424
6,650
2,981
misc current assets
total current assets
10,495
6,855
2,424
6,650
2,981
total assets
94,366
90,726
86,295
90,663
87,206
1,413
Bank overdraft
Bank loan
Trade Creditors
1
1
1
Group/Directors Accounts
106,158
103,901
99,901
103,630
99,830
6,116
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
106,158
103,902
99,902
103,631
99,830
6,116
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
106,158
103,902
99,902
103,631
99,830
6,116
net assets
-11,792
-13,176
-13,607
-12,968
-12,624
-4,703
total shareholders funds
-11,792
-13,176
-13,607
-12,968
-12,624
-4,703
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Operating Activities
Operating Profit
1,390
451
-644
-349
-7,932
-4,713
Depreciation
142
212
213
Amortisation
Tax
-461
-101
Stock
Debtors
Creditors
-1
1
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
928
350
-502
-136
-7,719
-4,713
Investing Activities
capital expenditure
-83,025
-1,413
Change in Investments
cash flow from investments
-83,025
-1,413
Financing Activities
Bank loans
Group/Directors Accounts
2,257
4,000
-3,729
3,800
93,714
6,116
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
10
interest
455
81
5
5
11
cash flow from financing
2,712
4,081
-3,724
3,805
93,725
6,126
cash and cash equivalents
cash
3,640
4,431
-4,226
3,669
2,981
overdraft
change in cash
3,640
4,431
-4,226
3,669
2,981
reid property limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for reid property limited. Get real-time insights into reid property limited's credit score, group structure and payment trends.
Perform a competitor analysis for reid property limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in DE7 area or any other competitors across 12 key performance metrics.
reid property limited Ownership
REID PROPERTY LIMITED group structure
Reid Property Limited has no subsidiary companies.
Ultimate parent company
REID PROPERTY LIMITED
10938630
REID PROPERTY LIMITED Shareholders
The largest shareholders in Reid Property Limited include Mark Reid and Thomas Reid.
mark reid
50%
thomas reid
50%
reid property limited directors
Reid Property Limited currently has 2 directors.
The longest serving directors include
Mr Mark Reid (Aug 2017) and
Dr Thomas Reid (Aug 2017).
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
MILESTONE MANAGEMENT SOLUTIONS LTD
auditor
-
address
12 the crescent, stanley common, ilkeston, dferbyshire, DE7 6GH
Bank
-
Legal Advisor
-
reid property 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 reid property limited.
reid property limited 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.
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reid property limitedCompanies House Filings - See Documents
