redkite data intelligence limited Company Information
Company Number
11130435
Next Accounts
Jan 2025
Industry
Computer consultancy activities
Shareholders
henry radcliffe crawford
jonathan david tippell
View AllGroup Structure
View All
Contact
Registered Address
30 fenchurch street, london, EC3M 3BD
Website
redkiteintelligence.comredkite data intelligence limited Estimated Valuation
Pomanda estimates the enterprise value of REDKITE DATA INTELLIGENCE LIMITED at £23m based on a Turnover of £29.4m and 0.78x industry multiple (adjusted for size and gross margin).
redkite data intelligence limited Estimated Valuation
Pomanda estimates the enterprise value of REDKITE DATA INTELLIGENCE LIMITED at £0 based on an EBITDA of £-2.7m and a 5.5x industry multiple (adjusted for size and gross margin).
redkite data intelligence limited Estimated Valuation
Pomanda estimates the enterprise value of REDKITE DATA INTELLIGENCE LIMITED at £0 based on Net Assets of £-2.3m and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Redkite Data Intelligence Limited Overview
Redkite Data Intelligence Limited is a live company located in london, EC3M 3BD with a Companies House number of 11130435. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in January 2018, it's largest shareholder is henry radcliffe crawford with a 40.3% stake. Redkite Data Intelligence Limited is a young, large sized company, Pomanda has estimated its turnover at £29.4m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Redkite Data Intelligence Limited Health Check
Pomanda's financial health check has awarded Redkite Data Intelligence Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £29.4m, make it larger than the average company (£1.3m)
£29.4m - Redkite Data Intelligence Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 135%, show it is growing at a faster rate (5.6%)
- Redkite Data Intelligence Limited
5.6% - Industry AVG
Production
with a gross margin of 14%, this company has a higher cost of product (49.2%)
14% - Redkite Data Intelligence Limited
49.2% - Industry AVG
Profitability
an operating margin of -9.3% make it less profitable than the average company (7%)
-9.3% - Redkite Data Intelligence Limited
7% - Industry AVG
Employees
with 237 employees, this is above the industry average (13)
237 - Redkite Data Intelligence Limited
13 - Industry AVG
Pay Structure
on an average salary of £83.6k, the company has a higher pay structure (£56.6k)
£83.6k - Redkite Data Intelligence Limited
£56.6k - Industry AVG
Efficiency
resulting in sales per employee of £123.9k, this is equally as efficient (£125.3k)
£123.9k - Redkite Data Intelligence Limited
£125.3k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (64 days)
22 days - Redkite Data Intelligence Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (30 days)
15 days - Redkite Data Intelligence Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Redkite Data Intelligence Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (18 weeks)
3 weeks - Redkite Data Intelligence Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 149.5%, this is a higher level of debt than the average (57.9%)
149.5% - Redkite Data Intelligence Limited
57.9% - Industry AVG
REDKITE DATA INTELLIGENCE LIMITED financials
Redkite Data Intelligence Limited's latest turnover from April 2023 is £29.4 million and the company has net assets of -£2.3 million. According to their latest financial statements, Redkite Data Intelligence Limited has 237 employees and maintains cash reserves of £517 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Jan 2019 | |
---|---|---|---|---|---|
Turnover | 29,354,888 | ||||
Other Income Or Grants | 0 | ||||
Cost Of Sales | 25,239,942 | ||||
Gross Profit | 4,114,946 | ||||
Admin Expenses | 6,845,870 | ||||
Operating Profit | -2,730,924 | ||||
Interest Payable | 24,084 | ||||
Interest Receivable | 0 | ||||
Pre-Tax Profit | -2,755,008 | ||||
Tax | -420,834 | ||||
Profit After Tax | -3,175,842 | ||||
Dividends Paid | 0 | ||||
Retained Profit | -3,175,842 | ||||
Employee Costs | 19,801,591 | ||||
Number Of Employees | 237 | 130 | 49 | 22 | 3 |
EBITDA* | -2,674,045 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Jan 2019 | |
---|---|---|---|---|---|
Tangible Assets | 123,266 | 84,241 | 0 | 0 | 0 |
Intangible Assets | 41,708 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 164,974 | 84,241 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 86,426 | 40,023 | 111,062 |
Trade Debtors | 1,832,722 | 2,670,919 | 1,195,065 | 470,549 | 3,467 |
Group Debtors | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 2,189,959 | 526,094 | 590,927 | 287,903 | 83,391 |
Cash | 516,957 | 2,594,880 | 630,185 | 570,802 | 152,371 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,539,638 | 5,791,893 | 2,502,603 | 1,369,277 | 350,291 |
total assets | 4,704,612 | 5,876,134 | 2,502,603 | 1,369,277 | 350,291 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 90,910 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,061,416 | 1,522,477 | 536,629 | 258,507 | 91,028 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 5,645,762 | 2,962,990 | 1,039,583 | 845,344 | 145,990 |
total current liabilities | 6,798,088 | 4,485,467 | 1,576,212 | 1,103,851 | 237,018 |
loans | 469,694 | 416,667 | 484,848 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 234,847 | 416,667 | 484,848 | 0 | 0 |
total liabilities | 7,032,935 | 4,902,134 | 2,061,060 | 1,103,851 | 237,018 |
net assets | -2,328,323 | 974,000 | 441,543 | 265,426 | 113,273 |
total shareholders funds | -2,328,323 | 974,000 | 441,543 | 265,426 | 113,273 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Jan 2019 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | -2,730,924 | ||||
Depreciation | 56,879 | 8,284 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 |
Tax | -420,834 | ||||
Stock | 0 | -86,426 | 46,403 | -71,039 | 111,062 |
Debtors | 825,668 | 1,411,021 | 1,027,540 | 671,594 | 86,858 |
Creditors | -461,061 | 985,848 | 278,122 | 167,479 | 91,028 |
Accruals and Deferred Income | 2,682,772 | 1,923,407 | 194,239 | 699,354 | 145,990 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -1,698,836 | ||||
Investing Activities | |||||
capital expenditure | |||||
Change in Investments | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||
Financing Activities | |||||
Bank loans | 90,910 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
Long term loans | 53,027 | -68,181 | 484,848 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 |
share issue | |||||
interest | -24,084 | ||||
cash flow from financing | -6,628 | ||||
cash and cash equivalents | |||||
cash | -2,077,923 | 1,964,695 | 59,383 | 418,431 | 152,371 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | -2,077,923 | 1,964,695 | 59,383 | 418,431 | 152,371 |
redkite data intelligence limited Credit Report and Business Information
Redkite Data Intelligence Limited Competitor Analysis
Perform a competitor analysis for redkite data intelligence limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EC3M area or any other competitors across 12 key performance metrics.
redkite data intelligence limited Ownership
REDKITE DATA INTELLIGENCE LIMITED group structure
Redkite Data Intelligence Limited has no subsidiary companies.
Ultimate parent company
REDKITE DATA INTELLIGENCE LIMITED
11130435
redkite data intelligence limited directors
Redkite Data Intelligence Limited currently has 3 directors. The longest serving directors include Mr Gareth Newton (May 2024) and Mr Derek Simpson (May 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gareth Newton | England | 55 years | May 2024 | - | Director |
Mr Derek Simpson | England | 63 years | May 2024 | - | Director |
Mr Malcolm Fernandes | England | 51 years | May 2024 | - | Director |
P&L
April 2023turnover
29.4m
0%
operating profit
-2.7m
0%
gross margin
14.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-2.3m
-3.39%
total assets
4.7m
-0.2%
cash
517k
-0.8%
net assets
Total assets minus all liabilities
redkite data intelligence limited company details
company number
11130435
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
January 2018
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
AZETS AUDIT SERVICES
address
30 fenchurch street, london, EC3M 3BD
Bank
-
Legal Advisor
-
redkite data intelligence 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 2 charges/mortgages relating to redkite data intelligence limited. Currently there are 2 open charges and 0 have been satisfied in the past.
redkite data intelligence 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 REDKITE DATA INTELLIGENCE LIMITED. This can take several minutes, an email will notify you when this has completed.
redkite data intelligence limited Companies House Filings - See Documents
date | description | view/download |
---|