38 hunton road, birmingham, west midlands, B23 6AH
Website
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the red earth collective cicEstimated Valuation
£20.6k
Pomanda estimates the enterprise value of THE RED EARTH COLLECTIVE CIC at £20.6k based on a Turnover of £65.2k and 0.32x industry multiple (adjusted for size and gross margin).
the red earth collective cicEstimated Valuation
£2.5k
Pomanda estimates the enterprise value of THE RED EARTH COLLECTIVE CIC at £2.5k based on an EBITDA of £900 and a 2.75x industry multiple (adjusted for size and gross margin).
the red earth collective cicEstimated Valuation
£5.8k
Pomanda estimates the enterprise value of THE RED EARTH COLLECTIVE CIC at £5.8k based on Net Assets of £2.9k and 2.03x industry multiple (adjusted for liquidity).
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The Red Earth Collective CicOverview
The Red Earth Collective Cic is a live company located in west midlands, B23 6AH with a Companies House number of 11145679. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in January 2018, it's largest shareholder is
unknown.
The Red Earth Collective Cic is a young,
micro sized company, Pomanda has estimated its turnover at
£65.2k with
high
growth in recent years.
Pomanda's financial health check has awarded The Red Earth Collective Cic a 3 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
Health Rating3out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £65.2k, make it smaller than the average company (£552.6k)
£65.2k - The Red Earth Collective Cic
£552.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (8.3%)
20% - The Red Earth Collective Cic
8.3% - Industry AVG
Production
with a gross margin of 4%, this company has a higher cost of product (43%)
4% - The Red Earth Collective Cic
43% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (5.2%)
0.4% - The Red Earth Collective Cic
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
1 - The Red Earth Collective Cic
10 - Industry AVG
Pay Structure
on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)
£33.4k - The Red Earth Collective Cic
£33.4k - Industry AVG
Efficiency
resulting in sales per employee of £65.2k, this is less efficient (£83k)
£65.2k - The Red Earth Collective Cic
£83k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Red Earth Collective Cic
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (24 days)
0 days - The Red Earth Collective Cic
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Red Earth Collective Cic
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 184 weeks, this is more cash available to meet short term requirements (78 weeks)
184 weeks - The Red Earth Collective Cic
78 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.8%, this is a lower level of debt than the average (37%)
32.8% - The Red Earth Collective Cic
37% - Industry AVG
THE RED EARTH COLLECTIVE CIC financials
EXPORT
The Red Earth Collective Cic's latest turnover from January 2024 is £65.2 thousand and the company has net assets of £2.9 thousand. According to their latest financial statements, we estimate that The Red Earth Collective Cic has 1 employee and maintains cash reserves of £4.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Turnover
65,202
36,272
47,590
38,106
37,601
3,592
Other Income Or Grants
Cost Of Sales
62,575
32,293
39,542
36,199
35,545
1,052
Gross Profit
2,627
3,979
8,048
1,907
2,056
2,540
Admin Expenses
2,377
2,701
6,671
1,475
1,743
2,533
Operating Profit
250
1,278
1,377
432
313
7
Interest Payable
Interest Receivable
Pre-Tax Profit
250
1,278
1,377
432
313
7
Tax
-171
-366
-100
-82
-60
-1
Profit After Tax
79
912
1,277
350
253
6
Dividends Paid
Retained Profit
79
912
1,277
350
253
6
Employee Costs
33,355
31,890
31,077
31,316
Number Of Employees
1
1
1
1
1
1
EBITDA*
900
1,928
2,027
432
313
7
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Tangible Assets
1,300
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,300
Stock & work in progress
Trade Debtors
9,563
Group Debtors
Misc Debtors
Cash
4,282
40,164
39,461
20,430
518
misc current assets
650
total current assets
4,282
40,814
39,461
20,430
518
9,563
total assets
4,282
40,814
40,761
20,430
518
9,563
Bank overdraft
Bank loan
Trade Creditors
171
266
100
82
59
1
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,035
37,550
38,575
19,539
9,356
total current liabilities
1,206
37,816
38,675
19,621
59
9,357
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
200
200
200
200
200
200
provisions
total long term liabilities
200
200
200
200
200
200
total liabilities
1,406
38,016
38,875
19,821
259
9,557
net assets
2,876
2,798
1,886
609
259
6
total shareholders funds
2,876
2,798
1,886
609
259
6
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Operating Activities
Operating Profit
250
1,278
1,377
432
313
7
Depreciation
650
650
650
Amortisation
Tax
-171
-366
-100
-82
-60
-1
Stock
Debtors
-9,563
9,563
Creditors
-95
166
18
23
58
1
Accruals and Deferred Income
-36,515
-1,025
19,036
19,539
-9,356
9,356
Deferred Taxes & Provisions
Cash flow from operations
-35,881
703
20,981
19,912
518
-200
Investing Activities
capital expenditure
-650
650
-1,950
Change in Investments
cash flow from investments
-650
650
-1,950
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
200
share issue
-1
interest
cash flow from financing
-1
200
cash and cash equivalents
cash
-35,882
703
19,031
19,912
518
overdraft
change in cash
-35,882
703
19,031
19,912
518
the red earth collective cic Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the red earth collective cic. Get real-time insights into the red earth collective cic's credit score, group structure and payment trends.
Perform a competitor analysis for the red earth collective cic by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B23 area or any other competitors across 12 key performance metrics.
the red earth collective cic Ownership
THE RED EARTH COLLECTIVE CIC group structure
The Red Earth Collective Cic has no subsidiary companies.
Ultimate parent company
THE RED EARTH COLLECTIVE CIC
11145679
THE RED EARTH COLLECTIVE CIC Shareholders
The sole shareholder of The Red Earth Collective Cic is -.
-
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the red earth collective cic directors
The Red Earth Collective Cic currently has 3 directors.
The longest serving directors include
Ms Sandra Griffiths (Jan 2018) and
Mr Nicholas Schlittner (Jan 2018).
38 hunton road, birmingham, west midlands, B23 6AH
Bank
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Legal Advisor
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the red earth collective cic 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 the red earth collective cic.
the red earth collective cic 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 THE RED EARTH COLLECTIVE CIC. This can take several minutes, an email will notify you when this has completed.
the red earth collective cicCompanies House Filings - See Documents
