Pomanda estimates the enterprise value of RED SNAPPER GROUP LIMITED at £25m based on a Turnover of £37.4m and 0.67x industry multiple (adjusted for size and gross margin).
red snapper group limitedEstimated Valuation
£4.9m
Pomanda estimates the enterprise value of RED SNAPPER GROUP LIMITED at £4.9m based on an EBITDA of £966.1k and a 5.12x industry multiple (adjusted for size and gross margin).
red snapper group limitedEstimated Valuation
£5m
Pomanda estimates the enterprise value of RED SNAPPER GROUP LIMITED at £5m based on Net Assets of £2.5m and 1.99x industry multiple (adjusted for liquidity).
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Red Snapper Group LimitedOverview
Red Snapper Group Limited is a live company located in poole, BH16 6FA with a Companies House number of 11285597. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2018, it's largest shareholder is
martin jerrold
with a 51% stake. Red Snapper Group Limited is a young,
large sized company, Pomanda has estimated its turnover at
£37.4m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Red Snapper Group Limited a 3 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
Health Rating3out of 5
4 Strong
1 Regular
6 Weak
Size
annual sales of £37.4m, make it larger than the average company (£20.7m)
£37.4m - Red Snapper Group Limited
£20.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9.7%)
10% - Red Snapper Group Limited
9.7% - Industry AVG
Production
with a gross margin of 15%, this company has a higher cost of product (33.2%)
15% - Red Snapper Group Limited
33.2% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (5.7%)
0.9% - Red Snapper Group Limited
5.7% - Industry AVG
Employees
with 81 employees, this is below the industry average (112)
81 - Red Snapper Group Limited
112 - Industry AVG
Pay Structure
on an average salary of £37.4k, the company has a lower pay structure (£49.4k)
£37.4k - Red Snapper Group Limited
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £462k, this is more efficient (£198.4k)
£462k - Red Snapper Group Limited
£198.4k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (45 days)
14 days - Red Snapper Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (42 days)
12 days - Red Snapper Group Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Red Snapper Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (16 weeks)
3 weeks - Red Snapper Group Limited
16 weeks - 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 (54.6%)
71.4% - Red Snapper Group Limited
54.6% - Industry AVG
RED SNAPPER GROUP LIMITED financials
EXPORT
Red Snapper Group Limited's latest turnover from May 2024 is £37.4 million and the company has net assets of £2.5 million. According to their latest financial statements, Red Snapper Group Limited has 81 employees and maintains cash reserves of £402.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
Turnover
37,421,301
39,456,840
34,741,013
28,316,270
31,771,707
19,596,844
Other Income Or Grants
Cost Of Sales
31,811,832
33,715,131
29,618,305
24,871,807
26,387,945
17,232,588
Gross Profit
5,609,469
5,741,709
5,122,708
3,444,463
5,383,762
2,364,256
Admin Expenses
5,287,782
5,156,198
4,875,387
3,652,352
5,525,894
3,440,632
Operating Profit
321,687
585,511
247,321
-207,889
-142,132
-1,076,376
Interest Payable
350,305
160,825
11,194
23,262
103,385
118,384
Interest Receivable
13,889
11,563
7,661
9,331
43
9,333
Pre-Tax Profit
-6,680
-844,645
243,788
-221,820
-245,474
-1,185,427
Tax
-181,585
-118,587
-148,785
-309,522
-145,704
-167,394
Profit After Tax
-188,265
-963,232
95,003
-531,342
-391,178
-1,352,821
Dividends Paid
170,484
143,712
137,671
129,348
4,898
134,862
Retained Profit
-397,295
-1,053,498
174,737
-480,554
-334,248
-1,078,641
Employee Costs
3,032,900
3,899,235
3,508,943
2,392,939
2,310,391
1,387,036
Number Of Employees
81
133
96
100
91
92
EBITDA*
966,094
1,492,568
1,165,716
550,489
877,836
55,920
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
Tangible Assets
86,457
125,359
168,760
165,648
165,639
78,873
Intangible Assets
525,897
1,073,210
1,925,441
2,794,709
1,986,577
3,732,593
Investments & Other
626,940
619,023
565,576
342,467
576,618
47,960
Debtors (Due After 1 year)
3,753
Total Fixed Assets
1,239,294
1,817,592
2,659,777
3,302,824
2,732,587
3,859,426
Stock & work in progress
Trade Debtors
1,482,984
1,851,594
770,553
1,313,052
2,445,082
2,509,224
Group Debtors
319
359,717
2,131
3,704
90,226
Misc Debtors
5,716,533
5,703,453
6,063,253
4,567,449
1,145,558
818,405
Cash
402,127
327,110
605,496
1,563,507
890,336
1,848,139
misc current assets
13,281
total current assets
7,615,244
7,882,157
7,799,019
7,446,139
4,484,680
5,265,994
total assets
8,854,538
9,699,749
10,458,796
10,748,963
7,217,267
9,125,420
Bank overdraft
364,497
605,949
335,195
14,708
24,997
Bank loan
2,337,334
2,965,807
2,384,559
1,997,238
30,681
47,700
Trade Creditors
1,123,536
622,024
642,625
675,277
605,925
741,786
Group/Directors Accounts
100
2,385
100
1,683
other short term finances
85,728
104,190
154,182
205,161
1,217,866
hp & lease commitments
other current liabilities
2,405,244
2,260,766
2,718,558
3,739,339
2,486,725
5,396,795
total current liabilities
6,316,439
6,558,736
6,237,504
6,631,823
4,341,197
6,212,961
loans
113,470
1
13,333
12,968
hp & lease commitments
Accruals and Deferred Income
other liabilities
55,307
176,026
256,484
provisions
2,859
3,959
23,490
13,618
total long term liabilities
2,859
172,736
199,517
270,102
13,333
12,968
total liabilities
6,319,298
6,731,472
6,437,021
6,901,925
4,354,530
6,225,929
net assets
2,535,240
2,968,277
4,021,775
3,847,038
2,862,737
2,899,491
total shareholders funds
2,535,240
2,968,277
4,021,775
3,847,038
2,862,737
2,899,491
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
Operating Activities
Operating Profit
321,687
585,511
247,321
-207,889
-142,132
-1,076,376
Depreciation
46,130
35,656
47,377
47,575
30,970
24,283
Amortisation
598,277
871,401
871,018
710,803
988,998
1,108,013
Tax
-181,585
-118,587
-148,785
-309,522
-145,704
-167,394
Stock
Debtors
-355,211
361,524
1,310,891
2,284,535
180,242
3,417,855
Creditors
501,512
-20,601
-32,652
69,352
-135,861
741,786
Accruals and Deferred Income
144,478
-457,792
-1,020,781
1,252,614
-2,910,070
5,396,795
Deferred Taxes & Provisions
-1,100
-19,531
9,872
13,618
Cash flow from operations
1,784,610
514,533
-1,337,521
-707,984
-2,494,041
2,609,252
Investing Activities
capital expenditure
-4,943,630
Change in Investments
7,917
53,447
223,109
-234,151
528,658
47,960
cash flow from investments
-7,917
-53,447
-223,109
234,151
-528,658
-4,991,590
Financing Activities
Bank loans
-628,473
581,248
387,321
1,966,557
-17,019
47,700
Group/Directors Accounts
100
-2,385
2,285
100
-1,683
1,683
Other Short Term Loans
-18,462
-49,992
-50,979
-1,012,705
1,217,866
Long term loans
-113,470
113,469
1
-13,333
365
12,968
Hire Purchase and Lease Commitments
other long term liabilities
-55,307
-120,719
-80,458
256,484
share issue
-35,742
1,464,855
297,494
3,978,132
interest
-336,416
-149,262
-3,533
-13,931
-103,342
-109,051
cash flow from financing
-1,187,770
372,359
254,637
2,648,027
1,393,681
3,931,432
cash and cash equivalents
cash
75,017
-278,386
-958,011
673,171
-957,803
1,848,139
overdraft
-241,452
270,754
320,487
14,708
-24,997
24,997
change in cash
316,469
-549,140
-1,278,498
658,463
-932,806
1,823,142
red snapper group limited 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 red snapper group limited. Get real-time insights into red snapper group limited's credit score, group structure and payment trends.
Perform a competitor analysis for red snapper group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in BH16 area or any other competitors across 12 key performance metrics.
red snapper group limited Ownership
RED SNAPPER GROUP LIMITED group structure
Red Snapper Group Limited has 5 subsidiary companies.
The largest shareholders in Red Snapper Group Limited include Martin Jerrold and Helen Jane Jerrold.
martin jerrold
51%
helen jane jerrold
49%
red snapper group limited directors
Red Snapper Group Limited currently has 2 directors.
The longest serving directors include
Mr Martin Jerrold (Apr 2018) and
Mrs Helen Jerrold (Apr 2018).
lytchett house, 13 freeland park,, poole, dorset, BH16 6FA
Bank
-
Legal Advisor
-
red snapper group 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 red snapper group limited. Currently there are 1 open charges and 1 have been satisfied in the past.
red snapper group 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 RED SNAPPER GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
red snapper group limitedCompanies House Filings - See Documents
