really local group limited
really local group limited Company Information
Company Number
11050534
Next Accounts
179 days late
Shareholders
preston benson
wild invest gmbh & co kg
View AllGroup Structure
View All
Industry
Performing arts
Registered Address
305 baltic quay 1 sweden gate, london, london, SE16 7TJ
Website
reallylocalgroup.co.ukreally local group limited Estimated Valuation
Pomanda estimates the enterprise value of REALLY LOCAL GROUP LIMITED at £881.2k based on a Turnover of £1.1m and 0.79x industry multiple (adjusted for size and gross margin).
really local group limited Estimated Valuation
Pomanda estimates the enterprise value of REALLY LOCAL GROUP LIMITED at £3.4m based on an EBITDA of £368.2k and a 9.37x industry multiple (adjusted for size and gross margin).
really local group limited Estimated Valuation
Pomanda estimates the enterprise value of REALLY LOCAL GROUP LIMITED at £2.1m based on Net Assets of £1.7m and 1.22x industry multiple (adjusted for liquidity).
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Really Local Group Limited Overview
Really Local Group Limited is a live company located in london, SE16 7TJ with a Companies House number of 11050534. It operates in the performing arts sector, SIC Code 90010. Founded in November 2017, it's largest shareholder is preston benson with a 57.2% stake. Really Local Group Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
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Really Local Group Limited Health Check
Pomanda's financial health check has awarded Really Local Group Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £1.1m, make it larger than the average company (£264.6k)
- Really Local Group Limited
£264.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (-1.2%)
- Really Local Group Limited
-1.2% - Industry AVG
Production
with a gross margin of 35.7%, this company has a comparable cost of product (35.7%)
- Really Local Group Limited
35.7% - Industry AVG
Profitability
an operating margin of 32.6% make it more profitable than the average company (2%)
- Really Local Group Limited
2% - Industry AVG
Employees
with 8 employees, this is above the industry average (6)
8 - Really Local Group Limited
6 - Industry AVG
Pay Structure
on an average salary of £24.7k, the company has an equivalent pay structure (£24.7k)
- Really Local Group Limited
£24.7k - Industry AVG
Efficiency
resulting in sales per employee of £139.1k, this is more efficient (£69.8k)
- Really Local Group Limited
£69.8k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (8 days)
- Really Local Group Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 159 days, this is slower than average (23 days)
- Really Local Group Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Really Local Group Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Really Local Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.1%, this is a higher level of debt than the average (22.5%)
58.1% - Really Local Group Limited
22.5% - Industry AVG
REALLY LOCAL GROUP LIMITED financials
Really Local Group Limited's latest turnover from December 2022 is estimated at £1.1 million and the company has net assets of £1.7 million. According to their latest financial statements, Really Local Group Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Nov 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 | 8 | 38 | 19 | 23 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Nov 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 7,220 | 3,120,627 | 1,669,400 | 1,293,091 | 46,920 |
| Intangible Assets | |||||
| Investments & Other | 842 | 402 | 14 | ||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 8,062 | 3,121,029 | 1,669,414 | 1,293,091 | 46,920 |
| Stock & work in progress | 11,656 | 5,656 | |||
| Trade Debtors | 13,154 | 44,606 | 7,798 | 31,293 | 2,615 |
| Group Debtors | 1,608,964 | ||||
| Misc Debtors | 2,419,205 | 1,153,798 | 209,014 | 111,989 | |
| Cash | 61,401 | 155,440 | 4,203 | 271,576 | |
| misc current assets | |||||
| total current assets | 4,041,323 | 1,271,461 | 377,908 | 147,485 | 274,191 |
| total assets | 4,049,385 | 4,392,490 | 2,047,322 | 1,440,576 | 321,111 |
| Bank overdraft | 996 | 28,119 | 198 | ||
| Bank loan | 48,204 | ||||
| Trade Creditors | 313,062 | 906,303 | 213,691 | 481,360 | 12,665 |
| Group/Directors Accounts | 1,787,078 | ||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 252,027 | 2,083,211 | 584,379 | 476,781 | |
| total current liabilities | 2,353,163 | 3,037,718 | 826,189 | 958,339 | 72,697 |
| loans | 162,671 | 212,881 | |||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 828,976 | 500,000 | |||
| provisions | |||||
| total long term liabilities | 991,647 | 712,881 | |||
| total liabilities | 2,353,163 | 4,029,365 | 1,539,070 | 958,339 | 72,697 |
| net assets | 1,696,222 | 363,125 | 508,252 | 481,897 | 248,414 |
| total shareholders funds | 1,696,222 | 363,125 | 508,252 | 481,897 | 248,414 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Nov 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 5,268 | 188,657 | 139,570 | 184 | |
| Amortisation | |||||
| Tax | |||||
| Stock | -11,656 | 6,000 | 5,656 | ||
| Debtors | 2,842,919 | 981,592 | 73,530 | 140,667 | 2,615 |
| Creditors | -593,241 | 692,612 | -267,669 | 468,695 | 12,665 |
| Accruals and Deferred Income | -1,831,184 | 1,498,832 | 107,598 | 476,781 | |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 440 | 388 | 14 | ||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | -48,204 | 48,204 | |||
| Group/Directors Accounts | 1,787,078 | ||||
| Other Short Term Loans | |||||
| Long term loans | -162,671 | -50,210 | 212,881 | ||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -828,976 | 328,976 | 500,000 | ||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -61,401 | -94,039 | 151,237 | -267,373 | 271,576 |
| overdraft | 996 | -28,119 | 27,921 | 198 | |
| change in cash | -62,397 | -65,920 | 123,316 | -267,571 | 271,576 |
really local group limited Credit Report and Business Information
Really Local Group Limited Competitor Analysis
Perform a competitor analysis for really local group limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in SE16 area or any other competitors across 12 key performance metrics.
really local group limited Ownership
REALLY LOCAL GROUP LIMITED group structure
Really Local Group Limited has 11 subsidiary companies.
Ultimate parent company
REALLY LOCAL GROUP LIMITED
11050534
11 subsidiaries
really local group limited directors
Really Local Group Limited currently has 3 directors. The longest serving directors include Mr Preston Benson (Nov 2017) and Mr Anthony Peck (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Preston Benson | England | 44 years | Nov 2017 | - | Director |
| Mr Anthony Peck | England | 39 years | Nov 2018 | - | Director |
| Mr Mathias Wild | United Kingdom | 52 years | May 2019 | - | Director |
P&L
December 2022turnover
1.1m
-64%
operating profit
362.9k
0%
gross margin
35.8%
-0.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.7m
+3.67%
total assets
4m
-0.08%
cash
0
-1%
net assets
Total assets minus all liabilities
really local group limited company details
company number
11050534
Type
Private limited with Share Capital
industry
90010 - Performing arts
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
305 baltic quay 1 sweden gate, london, london, SE16 7TJ
Bank
-
Legal Advisor
-
really local group 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 really local group limited.
really local group 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.
Click to start generating capital raising & share issue transactions for REALLY LOCAL GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
really local group limited Companies House Filings - See Documents
| date | description | view/download |
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