reep southern limited
reep southern limited Company Information
Company Number
10974829
Website
www.reepsouthern.co.ukRegistered Address
2nd floor, phoenix house, 32 west street, brighton, BN1 2RT
Industry
Other personal service activities n.e.c.
Telephone
01483917319
Next Accounts Due
227 days late
Group Structure
View All
Directors
Ian Fisher7 Years
Shareholders
reep automotive group ltd 100%
reep southern limited Estimated Valuation
Pomanda estimates the enterprise value of REEP SOUTHERN LIMITED at £293.9k based on a Turnover of £460.1k and 0.64x industry multiple (adjusted for size and gross margin).
reep southern limited Estimated Valuation
Pomanda estimates the enterprise value of REEP SOUTHERN LIMITED at £0 based on an EBITDA of £-73.3k and a 4.17x industry multiple (adjusted for size and gross margin).
reep southern limited Estimated Valuation
Pomanda estimates the enterprise value of REEP SOUTHERN LIMITED at £0 based on Net Assets of £-441.3k and 2.08x industry multiple (adjusted for liquidity).
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Reep Southern Limited Overview
Reep Southern Limited is a live company located in brighton, BN1 2RT with a Companies House number of 10974829. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in September 2017, it's largest shareholder is reep automotive group ltd with a 100% stake. Reep Southern Limited is a young, micro sized company, Pomanda has estimated its turnover at £460.1k with rapid growth in recent years.
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Reep Southern Limited Health Check
Pomanda's financial health check has awarded Reep Southern Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £460.1k, make it smaller than the average company (£806.7k)
- Reep Southern Limited
£806.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (3.7%)
- Reep Southern Limited
3.7% - Industry AVG
Production
with a gross margin of 40.8%, this company has a comparable cost of product (40.8%)
- Reep Southern Limited
40.8% - Industry AVG
Profitability
an operating margin of -16.4% make it less profitable than the average company (7.5%)
- Reep Southern Limited
7.5% - Industry AVG
Employees
with 10 employees, this is below the industry average (14)
10 - Reep Southern Limited
14 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£28.7k)
- Reep Southern Limited
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £46k, this is less efficient (£79.6k)
- Reep Southern Limited
£79.6k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is near the average (32 days)
- Reep Southern Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (41 days)
- Reep Southern Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (40 days)
- Reep Southern Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (52 weeks)
1 weeks - Reep Southern Limited
52 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 622.4%, this is a higher level of debt than the average (44.6%)
622.4% - Reep Southern Limited
44.6% - Industry AVG
REEP SOUTHERN LIMITED financials
Reep Southern Limited's latest turnover from June 2022 is estimated at £460.1 thousand and the company has net assets of -£441.3 thousand. According to their latest financial statements, Reep Southern Limited has 10 employees and maintains cash reserves of £10.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 2021 | Jun 2020 | Sep 2019 | Sep 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 | 10 | 5 | 5 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | Jun 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 7,000 | 7,751 | 4,182 | 5,601 | 7,531 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,000 | 7,751 | 4,182 | 5,601 | 7,531 |
| Stock & work in progress | 1,500 | 1,500 | 1,500 | 0 | 0 |
| Trade Debtors | 33,332 | 18,121 | 4,826 | 21,268 | 40,613 |
| Group Debtors | 8,305 | 9,790 | 974 | 3,587 | 0 |
| Misc Debtors | 23,746 | 23,787 | 22,754 | 16,871 | 0 |
| Cash | 10,587 | 1,368 | 31,654 | 3,606 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 77,470 | 54,566 | 61,708 | 45,332 | 40,613 |
| total assets | 84,470 | 62,317 | 65,890 | 50,933 | 48,144 |
| Bank overdraft | 5,556 | 10,000 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 42,823 | 36,317 | 12,738 | 20,819 | 195,849 |
| Group/Directors Accounts | 83,557 | 0 | 0 | 251 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 350,779 | 338,369 | 109,407 | 316,055 | 0 |
| total current liabilities | 482,715 | 384,686 | 122,145 | 337,125 | 195,849 |
| loans | 43,056 | 40,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 229,796 | 0 | 60,000 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 43,056 | 40,000 | 229,796 | 0 | 60,000 |
| total liabilities | 525,771 | 424,686 | 351,941 | 337,125 | 255,849 |
| net assets | -441,301 | -362,369 | -286,051 | -286,192 | -207,705 |
| total shareholders funds | -441,301 | -362,369 | -286,051 | -286,192 | -207,705 |
| Jun 2022 | Jun 2021 | Jun 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 2,101 | 1,938 | 1,419 | ||
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 1,500 | 0 | 0 |
| Debtors | 13,685 | 23,144 | -13,172 | 1,113 | 40,613 |
| Creditors | 6,506 | 23,579 | -8,081 | -175,030 | 195,849 |
| Accruals and Deferred Income | 12,410 | 228,962 | -206,648 | 316,055 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 83,557 | 0 | -251 | 251 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 3,056 | 40,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -229,796 | 229,796 | -60,000 | 60,000 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 9,219 | -30,286 | 28,048 | 3,606 | 0 |
| overdraft | -4,444 | 10,000 | 0 | 0 | 0 |
| change in cash | 13,663 | -40,286 | 28,048 | 3,606 | 0 |
reep southern limited Credit Report and Business Information
Reep Southern Limited Competitor Analysis
Perform a competitor analysis for reep southern limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in BN1 area or any other competitors across 12 key performance metrics.
reep southern limited Ownership
REEP SOUTHERN LIMITED group structure
Reep Southern Limited has no subsidiary companies.
reep southern limited directors
Reep Southern Limited currently has 1 director, Mr Ian Fisher serving since Sep 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Fisher | 59 years | Sep 2017 | - | Director |
P&L
June 2022turnover
460.1k
+84%
operating profit
-75.4k
0%
gross margin
40.9%
+3.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
-441.3k
+0.22%
total assets
84.5k
+0.36%
cash
10.6k
+6.74%
net assets
Total assets minus all liabilities
reep southern limited company details
company number
10974829
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2022
previous names
N/A
accountant
LFM
auditor
-
address
2nd floor, phoenix house, 32 west street, brighton, BN1 2RT
Bank
-
Legal Advisor
-
reep southern 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 found 1 charges/mortgages relating to reep southern limited. Currently there are 1 open charges and 0 have been satisfied in the past.
reep southern limited Companies House Filings - See Documents
| date | description | view/download |
|---|
