refresh business ltd
refresh business ltd Company Information
Company Number
11260854
Website
refreshbusiness.co.ukRegistered Address
98 market street, ashby-de-la-zouch, leicestershire, LE65 1AP
Industry
Combined office administrative service activities
Telephone
441530637505
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
carl benfield 50%
rebecca benfield 50%
refresh business ltd Estimated Valuation
Pomanda estimates the enterprise value of REFRESH BUSINESS LTD at £9k based on a Turnover of £35.1k and 0.26x industry multiple (adjusted for size and gross margin).
refresh business ltd Estimated Valuation
Pomanda estimates the enterprise value of REFRESH BUSINESS LTD at £0 based on an EBITDA of £-2k and a 2.23x industry multiple (adjusted for size and gross margin).
refresh business ltd Estimated Valuation
Pomanda estimates the enterprise value of REFRESH BUSINESS LTD at £6.6k based on Net Assets of £2.6k and 2.51x industry multiple (adjusted for liquidity).
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Refresh Business Ltd Overview
Refresh Business Ltd is a live company located in leicestershire, LE65 1AP with a Companies House number of 11260854. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in March 2018, it's largest shareholder is carl benfield with a 50% stake. Refresh Business Ltd is a young, micro sized company, Pomanda has estimated its turnover at £35.1k with declining growth in recent years.
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Refresh Business Ltd Health Check
Pomanda's financial health check has awarded Refresh Business Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £35.1k, make it smaller than the average company (£979.2k)
- Refresh Business Ltd
£979.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.5%)
- Refresh Business Ltd
4.5% - Industry AVG
Production
with a gross margin of 14.1%, this company has a higher cost of product (42.8%)
- Refresh Business Ltd
42.8% - Industry AVG
Profitability
an operating margin of -5.7% make it less profitable than the average company (3.3%)
- Refresh Business Ltd
3.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Refresh Business Ltd
12 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
- Refresh Business Ltd
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £17.5k, this is less efficient (£81k)
- Refresh Business Ltd
£81k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (33 days)
- Refresh Business Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (29 days)
- Refresh Business Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Refresh Business Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Refresh Business Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.4%, this is a higher level of debt than the average (50.6%)
71.4% - Refresh Business Ltd
50.6% - Industry AVG
refresh business ltd Credit Report and Business Information
Refresh Business Ltd Competitor Analysis
Perform a competitor analysis for refresh business ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
refresh business ltd Ownership
REFRESH BUSINESS LTD group structure
Refresh Business Ltd has no subsidiary companies.
Ultimate parent company
REFRESH BUSINESS LTD
11260854
refresh business ltd directors
Refresh Business Ltd currently has 2 directors. The longest serving directors include Mr Carl Benfield (Mar 2018) and Mrs Rebecca Benfield (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carl Benfield | Wales | 57 years | Mar 2018 | - | Director |
| Mrs Rebecca Benfield | United Kingdom | 54 years | Mar 2018 | - | Director |
REFRESH BUSINESS LTD financials
Refresh Business Ltd's latest turnover from March 2023 is estimated at £35.1 thousand and the company has net assets of £2.6 thousand. According to their latest financial statements, Refresh Business Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 7,892 | 9,403 | 8,879 | 123 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,892 | 9,403 | 8,879 | 123 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,310 | 9,355 | 11,556 | 5,703 | 4,766 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 10 | 0 | 0 | 668 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 750 |
| total current assets | 1,320 | 9,355 | 11,556 | 6,371 | 5,516 |
| total assets | 9,212 | 18,758 | 20,435 | 6,494 | 5,516 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,477 | 8,449 | 10,430 | 5,876 | 4,315 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,477 | 8,449 | 10,430 | 5,876 | 4,315 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 634 | 595 | 595 | 595 | 595 |
| other liabilities | 3,467 | 5,067 | 6,667 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,101 | 5,662 | 7,262 | 595 | 595 |
| total liabilities | 6,578 | 14,111 | 17,692 | 6,471 | 4,910 |
| net assets | 2,634 | 4,647 | 2,743 | 23 | 606 |
| total shareholders funds | 2,634 | 4,647 | 2,743 | 23 | 606 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | ||||
| Amortisation | 0 | ||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,035 | -2,201 | 5,185 | 1,605 | 4,766 |
| Creditors | -5,972 | -1,981 | 4,554 | 1,561 | 4,315 |
| Accruals and Deferred Income | 39 | 0 | 0 | 0 | 595 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,600 | -1,600 | 6,667 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
P&L
March 2023turnover
35.1k
-35%
operating profit
-2k
0%
gross margin
14.2%
-11.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.6k
-0.43%
total assets
9.2k
-0.51%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
refresh business ltd company details
company number
11260854
Type
Private limited with Share Capital
industry
82110 - Combined office administrative service activities
incorporation date
March 2018
age
6
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
98 market street, ashby-de-la-zouch, leicestershire, LE65 1AP
last accounts submitted
March 2023
refresh business 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 refresh business ltd.
refresh business ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
