reditum spv 34 ltd
reditum spv 34 ltd Company Information
Company Number
10987872
Next Accounts
187 days late
Shareholders
reditum capital ltd
Group Structure
View All
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Registered Address
59-60 grosvenor street, london, W1K 3HZ
Website
www.reditumcapital.comreditum spv 34 ltd Estimated Valuation
Pomanda estimates the enterprise value of REDITUM SPV 34 LTD at £838.9k based on a Turnover of £636.1k and 1.32x industry multiple (adjusted for size and gross margin).
reditum spv 34 ltd Estimated Valuation
Pomanda estimates the enterprise value of REDITUM SPV 34 LTD at £862.3k based on an EBITDA of £179.3k and a 4.81x industry multiple (adjusted for size and gross margin).
reditum spv 34 ltd Estimated Valuation
Pomanda estimates the enterprise value of REDITUM SPV 34 LTD at £0 based on Net Assets of £-190.6k and 1.89x industry multiple (adjusted for liquidity).
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Reditum Spv 34 Ltd Overview
Reditum Spv 34 Ltd is a live company located in london, W1K 3HZ with a Companies House number of 10987872. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in September 2017, it's largest shareholder is reditum capital ltd with a 100% stake. Reditum Spv 34 Ltd is a young, small sized company, Pomanda has estimated its turnover at £636.1k with rapid growth in recent years.
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Reditum Spv 34 Ltd Health Check
Pomanda's financial health check has awarded Reditum Spv 34 Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £636.1k, make it smaller than the average company (£3.6m)
- Reditum Spv 34 Ltd
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 307%, show it is growing at a faster rate (2.9%)
- Reditum Spv 34 Ltd
2.9% - Industry AVG
Production
with a gross margin of 67.8%, this company has a comparable cost of product (67.8%)
- Reditum Spv 34 Ltd
67.8% - Industry AVG
Profitability
an operating margin of 28.2% make it as profitable than the average company (25.8%)
- Reditum Spv 34 Ltd
25.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Reditum Spv 34 Ltd
5 - Industry AVG
Pay Structure
on an average salary of £66.1k, the company has an equivalent pay structure (£66.1k)
- Reditum Spv 34 Ltd
£66.1k - Industry AVG
Efficiency
resulting in sales per employee of £318.1k, this is less efficient (£394k)
- Reditum Spv 34 Ltd
£394k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Reditum Spv 34 Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (23 days)
- Reditum Spv 34 Ltd
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reditum Spv 34 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Reditum Spv 34 Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.5%, this is a higher level of debt than the average (91.6%)
105.5% - Reditum Spv 34 Ltd
91.6% - Industry AVG
REDITUM SPV 34 LTD financials
Reditum Spv 34 Ltd's latest turnover from December 2022 is estimated at £636.1 thousand and the company has net assets of -£190.6 thousand. According to their latest financial statements, Reditum Spv 34 Ltd has 2 employees and maintains cash reserves of £15 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | -17,642 | ||||
| Interest Payable | 556,237 | ||||
| Interest Receivable | 531,733 | ||||
| Pre-Tax Profit | -42,146 | ||||
| Tax | |||||
| Profit After Tax | -42,146 | ||||
| Dividends Paid | |||||
| Retained Profit | -42,146 | ||||
| Employee Costs | |||||
| Number Of Employees | 2 | 2 | |||
| EBITDA* | -17,642 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | 4,954,094 | ||||
| Total Fixed Assets | 4,954,094 | ||||
| Stock & work in progress | |||||
| Trade Debtors | 15,685 | 2,428,404 | |||
| Group Debtors | 3,466,394 | 4,102,779 | |||
| Misc Debtors | 100 | 100 | 100 | ||
| Cash | 15 | 211,789 | 129 | ||
| misc current assets | |||||
| total current assets | 3,466,509 | 4,314,668 | 229 | 15,685 | 2,428,404 |
| total assets | 3,466,509 | 4,314,668 | 4,954,323 | 15,685 | 2,428,404 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 1,200 | ||||
| Group/Directors Accounts | 555,140 | 748,567 | |||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 14,598 | 4,844 | 2,035 | ||
| total current liabilities | 570,938 | 753,411 | 2,035 | ||
| loans | 3,086,160 | 3,616,479 | 1,566,441 | ||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 3,412,430 | 2,478,634 | |||
| provisions | |||||
| total long term liabilities | 3,086,160 | 3,616,479 | 4,978,871 | 122 | 2,478,634 |
| total liabilities | 3,657,098 | 4,369,890 | 4,980,906 | 122 | 2,478,634 |
| net assets | -190,589 | -55,222 | -26,583 | 15,563 | -50,230 |
| total shareholders funds | -190,589 | -55,222 | -26,583 | 15,563 | -50,230 |
| Dec 2022 | Dec 2021 | Dec 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -17,642 | ||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | -636,385 | -851,315 | 4,938,509 | -2,412,719 | 2,428,404 |
| Creditors | 1,200 | ||||
| Accruals and Deferred Income | 9,754 | 2,809 | 2,035 | ||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | -4,954,116 | ||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -193,427 | 748,567 | |||
| Other Short Term Loans | |||||
| Long term loans | -530,319 | 2,050,038 | 1,566,441 | ||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -3,412,430 | 3,412,430 | -2,478,634 | 2,478,634 | |
| share issue | |||||
| interest | -24,504 | ||||
| cash flow from financing | 4,954,367 | ||||
| cash and cash equivalents | |||||
| cash | -211,774 | 211,660 | 129 | ||
| overdraft | |||||
| change in cash | -211,774 | 211,660 | 129 |
reditum spv 34 ltd Credit Report and Business Information
Reditum Spv 34 Ltd Competitor Analysis
Perform a competitor analysis for reditum spv 34 ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in W1K area or any other competitors across 12 key performance metrics.
reditum spv 34 ltd Ownership
REDITUM SPV 34 LTD group structure
Reditum Spv 34 Ltd has no subsidiary companies.
Ultimate parent company
2 parents
REDITUM SPV 34 LTD
10987872
reditum spv 34 ltd directors
Reditum Spv 34 Ltd currently has 2 directors. The longest serving directors include Mr Mark Stephen (May 2023) and Mrs Lauren Stephen (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Stephen | England | 44 years | May 2023 | - | Director |
| Mrs Lauren Stephen | 35 years | Aug 2024 | - | Director |
P&L
December 2022turnover
636.1k
-13%
operating profit
179.3k
0%
gross margin
67.9%
-5.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-190.6k
+2.45%
total assets
3.5m
-0.2%
cash
15
-1%
net assets
Total assets minus all liabilities
Similar Companies
reditum spv 34 ltd company details
company number
10987872
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
September 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
59-60 grosvenor street, london, W1K 3HZ
Bank
-
Legal Advisor
-
reditum spv 34 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 reditum spv 34 ltd.
reditum spv 34 ltd 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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reditum spv 34 ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
