rs2 properties limited
rs2 properties limited Company Information
Company Number
11056389
Next Accounts
Aug 2025
Shareholders
navetta ltd
nicole sheri shea
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
wingfield north hill, horndon-on-the-hill, stanford-le-hope, essex, SS17 8QA
Website
-rs2 properties limited Estimated Valuation
Pomanda estimates the enterprise value of RS2 PROPERTIES LIMITED at £2.3m based on a Turnover of £765.1k and 3.03x industry multiple (adjusted for size and gross margin).
rs2 properties limited Estimated Valuation
Pomanda estimates the enterprise value of RS2 PROPERTIES LIMITED at £1.8m based on an EBITDA of £276.8k and a 6.41x industry multiple (adjusted for size and gross margin).
rs2 properties limited Estimated Valuation
Pomanda estimates the enterprise value of RS2 PROPERTIES LIMITED at £0 based on Net Assets of £-839.9k and 1.6x industry multiple (adjusted for liquidity).
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Rs2 Properties Limited Overview
Rs2 Properties Limited is a live company located in stanford-le-hope, SS17 8QA with a Companies House number of 11056389. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2017, it's largest shareholder is navetta ltd with a 50% stake. Rs2 Properties Limited is a young, small sized company, Pomanda has estimated its turnover at £765.1k with rapid growth in recent years.
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Rs2 Properties Limited Health Check
Pomanda's financial health check has awarded Rs2 Properties Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £765.1k, make it in line with the average company (£862.4k)
- Rs2 Properties Limited
£862.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 364%, show it is growing at a faster rate (2.6%)
- Rs2 Properties Limited
2.6% - Industry AVG
Production
with a gross margin of 68.5%, this company has a comparable cost of product (68.5%)
- Rs2 Properties Limited
68.5% - Industry AVG
Profitability
an operating margin of 36.2% make it more profitable than the average company (24.7%)
- Rs2 Properties Limited
24.7% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
- Rs2 Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Rs2 Properties Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £153k, this is less efficient (£189k)
- Rs2 Properties Limited
£189k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rs2 Properties Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 299 days, this is slower than average (30 days)
- Rs2 Properties Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 4067 days, this is more than average (389 days)
- Rs2 Properties Limited
389 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Rs2 Properties Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 131.2%, this is a higher level of debt than the average (64.5%)
131.2% - Rs2 Properties Limited
64.5% - Industry AVG
RS2 PROPERTIES LIMITED financials
Rs2 Properties Limited's latest turnover from November 2023 is estimated at £765.1 thousand and the company has net assets of -£839.9 thousand. According to their latest financial statements, we estimate that Rs2 Properties Limited has 5 employees and maintains cash reserves of £3.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | -36,615 | |||||
| Tax | ||||||
| Profit After Tax | -36,615 | |||||
| Dividends Paid | ||||||
| Retained Profit | -36,615 | |||||
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | 100 | |||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 100 | |||||
| Stock & work in progress | 2,685,111 | 2,418,793 | 1,550,000 | 40,000 | ||
| Trade Debtors | ||||||
| Group Debtors | ||||||
| Misc Debtors | 15,335 | 29,730 | ||||
| Cash | 3,238 | 25,168 | 202,064 | 260 | 100 | |
| misc current assets | ||||||
| total current assets | 2,688,349 | 2,459,296 | 1,781,794 | 40,260 | 100 | |
| total assets | 2,688,349 | 2,459,296 | 1,781,794 | 40,260 | 100 | 100 |
| Bank overdraft | 41,645 | |||||
| Bank loan | ||||||
| Trade Creditors | 197,630 | 124,983 | 124,982 | |||
| Group/Directors Accounts | 23,220 | 116,825 | 16,974 | 27,995 | 36,615 | |
| other short term finances | 3,263,080 | 2,934,000 | 1,635,000 | |||
| hp & lease commitments | ||||||
| other current liabilities | 2,638 | 1,900 | 1,750 | 500 | ||
| total current liabilities | 3,528,213 | 3,177,708 | 1,778,706 | 28,495 | 36,615 | |
| loans | 45,485 | 50,000 | 50,000 | |||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 45,485 | 50,000 | 50,000 | |||
| total liabilities | 3,528,213 | 3,223,193 | 1,828,706 | 78,495 | 36,615 | |
| net assets | -839,864 | -763,897 | -46,912 | -38,235 | -36,515 | 100 |
| total shareholders funds | -839,864 | -763,897 | -46,912 | -38,235 | -36,515 | 100 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 266,318 | 868,793 | 1,510,000 | 40,000 | ||
| Debtors | -15,335 | -14,395 | 29,730 | |||
| Creditors | 72,647 | 1 | 124,982 | |||
| Accruals and Deferred Income | 738 | 150 | 1,250 | 500 | ||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -100 | 100 | ||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -93,605 | 99,851 | -11,021 | -8,620 | 36,615 | |
| Other Short Term Loans | 329,080 | 1,299,000 | 1,635,000 | |||
| Long term loans | -45,485 | -4,515 | 50,000 | |||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | 36,715 | |||||
| cash and cash equivalents | ||||||
| cash | -21,930 | -176,896 | 201,804 | 160 | 100 | |
| overdraft | 41,645 | |||||
| change in cash | -63,575 | -176,896 | 201,804 | 160 | 100 |
rs2 properties limited Credit Report and Business Information
Rs2 Properties Limited Competitor Analysis
Perform a competitor analysis for rs2 properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SS17 area or any other competitors across 12 key performance metrics.
rs2 properties limited Ownership
RS2 PROPERTIES LIMITED group structure
Rs2 Properties Limited has no subsidiary companies.
Ultimate parent company
RS2 PROPERTIES LIMITED
11056389
rs2 properties limited directors
Rs2 Properties Limited currently has 2 directors. The longest serving directors include Miss Nicole Shea (Jan 2020) and Mr Henry Stoffberg (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Nicole Shea | United Kingdom | 61 years | Jan 2020 | - | Director |
| Mr Henry Stoffberg | England | 30 years | Mar 2021 | - | Director |
P&L
November 2023turnover
765.1k
+51%
operating profit
276.8k
0%
gross margin
68.6%
+1.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-839.9k
+0.1%
total assets
2.7m
+0.09%
cash
3.2k
-0.87%
net assets
Total assets minus all liabilities
Similar Companies
rs2 properties limited company details
company number
11056389
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
TISH PRESS & CO
auditor
-
address
wingfield north hill, horndon-on-the-hill, stanford-le-hope, essex, SS17 8QA
Bank
-
Legal Advisor
-
rs2 properties 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 rs2 properties limited.
rs2 properties 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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rs2 properties limited Companies House Filings - See Documents
| date | description | view/download |
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