red creative solutions ltd
red creative solutions ltd Company Information
Group Structure
View All
Industry
Video production activities
Registered Address
1 pye road, heswall, wirral, merseyside, CH60 0DB
Website
redcreativesolutions.co.ukred creative solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of RED CREATIVE SOLUTIONS LTD at £26.6k based on a Turnover of £83.4k and 0.32x industry multiple (adjusted for size and gross margin).
red creative solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of RED CREATIVE SOLUTIONS LTD at £117.2k based on an EBITDA of £69.4k and a 1.69x industry multiple (adjusted for size and gross margin).
red creative solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of RED CREATIVE SOLUTIONS LTD at £0 based on Net Assets of £-8.7k and 1.27x industry multiple (adjusted for liquidity).
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Red Creative Solutions Ltd Overview
Red Creative Solutions Ltd is a live company located in wirral, CH60 0DB with a Companies House number of 11212834. It operates in the video production activities sector, SIC Code 59112. Founded in February 2018, it's largest shareholder is unknown. Red Creative Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £83.4k with declining growth in recent years.
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Red Creative Solutions Ltd Health Check
Pomanda's financial health check has awarded Red Creative Solutions Ltd 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £83.4k, make it smaller than the average company (£144.8k)
- Red Creative Solutions Ltd
£144.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (18%)
- Red Creative Solutions Ltd
18% - Industry AVG
Production
with a gross margin of 24.6%, this company has a higher cost of product (54.9%)
- Red Creative Solutions Ltd
54.9% - Industry AVG
Profitability
an operating margin of 83.2% make it more profitable than the average company (7.8%)
- Red Creative Solutions Ltd
7.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Red Creative Solutions Ltd
2 - Industry AVG
Pay Structure
on an average salary of £25.6k, the company has an equivalent pay structure (£25.6k)
- Red Creative Solutions Ltd
£25.6k - Industry AVG
Efficiency
resulting in sales per employee of £83.4k, this is more efficient (£70.6k)
- Red Creative Solutions Ltd
£70.6k - Industry AVG
Debtor Days
it gets paid by customers after 118 days, this is later than average (49 days)
- Red Creative Solutions Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 208 days, this is slower than average (38 days)
- Red Creative Solutions Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Red Creative Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Red Creative Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 132%, this is a higher level of debt than the average (58.9%)
132% - Red Creative Solutions Ltd
58.9% - Industry AVG
RED CREATIVE SOLUTIONS LTD financials
Red Creative Solutions Ltd's latest turnover from March 2024 is estimated at £83.4 thousand and the company has net assets of -£8.7 thousand. According to their latest financial statements, Red Creative Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 5 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 191 | 604 | 15,781 | 31,613 | 3,758 | 500 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 191 | 604 | 15,781 | 31,613 | 3,758 | 500 |
| Stock & work in progress | ||||||
| Trade Debtors | 27,017 | 25,668 | 29,036 | 30,248 | 1,296 | 30,273 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | ||||||
| misc current assets | ||||||
| total current assets | 27,017 | 25,668 | 29,036 | 30,248 | 1,296 | 30,273 |
| total assets | 27,208 | 26,272 | 44,817 | 61,861 | 5,054 | 30,773 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 35,908 | 87,039 | 92,539 | 55,962 | 34,059 | 31,881 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 35,908 | 87,039 | 92,539 | 55,962 | 34,059 | 31,881 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 35,908 | 87,039 | 92,539 | 55,962 | 34,059 | 31,881 |
| net assets | -8,700 | -60,767 | -47,722 | 5,899 | -29,005 | -1,108 |
| total shareholders funds | -8,700 | -60,767 | -47,722 | 5,899 | -29,005 | -1,108 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 1,349 | -3,368 | -1,212 | 28,952 | -28,977 | 30,273 |
| Creditors | -51,131 | -5,500 | 36,577 | 21,903 | 2,178 | 31,881 |
| Accruals and Deferred Income | ||||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | ||||||
| overdraft | ||||||
| change in cash |
red creative solutions ltd Credit Report and Business Information
Red Creative Solutions Ltd Competitor Analysis
Perform a competitor analysis for red creative solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CH60 area or any other competitors across 12 key performance metrics.
red creative solutions ltd Ownership
RED CREATIVE SOLUTIONS LTD group structure
Red Creative Solutions Ltd has no subsidiary companies.
Ultimate parent company
RED CREATIVE SOLUTIONS LTD
11212834
red creative solutions ltd directors
Red Creative Solutions Ltd currently has 2 directors. The longest serving directors include Mr Luke Bryant (Feb 2018) and Mr David Alexander (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Luke Bryant | 42 years | Feb 2018 | - | Director | |
| Mr David Alexander | 45 years | Feb 2024 | - | Director |
P&L
March 2024turnover
83.4k
-22%
operating profit
69.4k
0%
gross margin
24.7%
+0.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-8.7k
-0.86%
total assets
27.2k
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
red creative solutions ltd company details
company number
11212834
Type
Private Ltd By Guarantee w/o Share Cap
industry
59112 - Video production activities
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
1 pye road, heswall, wirral, merseyside, CH60 0DB
Bank
-
Legal Advisor
-
red creative solutions 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 red creative solutions ltd.
red creative solutions 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.
Click to start generating capital raising & share issue transactions for RED CREATIVE SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
red creative solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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