richford property limited
richford property limited Company Information
Company Number
11728695
Next Accounts
Dec 2024
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Directors
Shareholders
richford holdings limited
Group Structure
View All
Contact
Registered Address
c/o richford motor services limi, dunsford road, alfreton, derbyshire, DE55 7RH
Website
-richford property limited Estimated Valuation
Pomanda estimates the enterprise value of RICHFORD PROPERTY LIMITED at £530k based on a Turnover of £499.6k and 1.06x industry multiple (adjusted for size and gross margin).
richford property limited Estimated Valuation
Pomanda estimates the enterprise value of RICHFORD PROPERTY LIMITED at £2.9m based on an EBITDA of £641.2k and a 4.52x industry multiple (adjusted for size and gross margin).
richford property limited Estimated Valuation
Pomanda estimates the enterprise value of RICHFORD PROPERTY LIMITED at £376.4k based on Net Assets of £298.7k and 1.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Richford Property Limited Overview
Richford Property Limited is a live company located in alfreton, DE55 7RH with a Companies House number of 11728695. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2018, it's largest shareholder is richford holdings limited with a 100% stake. Richford Property Limited is a young, micro sized company, Pomanda has estimated its turnover at £499.6k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Richford Property Limited Health Check
Pomanda's financial health check has awarded Richford Property Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £499.6k, make it smaller than the average company (£18.1m)
- Richford Property Limited
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (7.2%)
- Richford Property Limited
7.2% - Industry AVG
Production
with a gross margin of 35.3%, this company has a comparable cost of product (35.3%)
- Richford Property Limited
35.3% - Industry AVG
Profitability
an operating margin of 119.7% make it more profitable than the average company (5%)
- Richford Property Limited
5% - Industry AVG
Employees
with 3 employees, this is below the industry average (104)
- Richford Property Limited
104 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Richford Property Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £166.5k, this is equally as efficient (£179.7k)
- Richford Property Limited
£179.7k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (46 days)
- Richford Property Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (46 days)
- Richford Property Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Richford Property Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (15 weeks)
9 weeks - Richford Property Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.6%, this is a higher level of debt than the average (69%)
95.6% - Richford Property Limited
69% - Industry AVG
RICHFORD PROPERTY LIMITED financials
Richford Property Limited's latest turnover from March 2023 is estimated at £499.6 thousand and the company has net assets of £298.7 thousand. According to their latest financial statements, we estimate that Richford Property Limited has 3 employees and maintains cash reserves of £365.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Sep 2021 | Sep 2020 | Sep 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|
| Tangible Assets | 5,995,614 | 2,661,724 | 2,673,405 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 254,976 | 103,228 | 103,228 | 1,258,829 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,250,590 | 2,764,952 | 2,776,633 | 1,258,829 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 107,586 | 54,715 | 44,272 | 0 |
| Group Debtors | 100 | 100 | 100 | 100 |
| Misc Debtors | 97,787 | 13,946 | 0 | 0 |
| Cash | 365,528 | 16,410 | 22,657 | 6,819 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 571,001 | 85,171 | 67,029 | 6,919 |
| total assets | 6,821,591 | 2,850,123 | 2,843,662 | 1,265,748 |
| Bank overdraft | 0 | 0 | 0 | 30,402 |
| Bank loan | 64,405 | 88,818 | 91,188 | 0 |
| Trade Creditors | 1,253 | 6,175 | 3,121 | 0 |
| Group/Directors Accounts | 1,784,281 | 825,495 | 825,495 | 447,104 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 4,200 | 0 | 0 | 0 |
| other current liabilities | 102,047 | 21,513 | 35,278 | 1,000 |
| total current liabilities | 1,956,186 | 942,001 | 955,082 | 478,506 |
| loans | 4,558,890 | 1,729,351 | 1,834,041 | 787,150 |
| hp & lease commitments | 4,474 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 3,300 | 2,200 | 0 | 0 |
| total long term liabilities | 4,566,664 | 1,731,551 | 1,834,041 | 787,150 |
| total liabilities | 6,522,850 | 2,673,552 | 2,789,123 | 1,265,656 |
| net assets | 298,741 | 176,571 | 54,539 | 92 |
| total shareholders funds | 298,741 | 176,571 | 54,539 | 92 |
| Mar 2023 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 43,363 | 24,131 | 15,756 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 205,473 | 24,389 | 44,272 | 100 |
| Creditors | 1,253 | 3,054 | 3,121 | 0 |
| Accruals and Deferred Income | 102,047 | -13,765 | 34,278 | 1,000 |
| Deferred Taxes & Provisions | 3,300 | 2,200 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 254,976 | 0 | -1,155,601 | 1,258,829 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 64,405 | -2,370 | 91,188 | 0 |
| Group/Directors Accounts | 1,784,281 | 0 | 378,391 | 447,104 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 4,558,890 | -104,690 | 1,046,891 | 787,150 |
| Hire Purchase and Lease Commitments | 8,674 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 365,528 | -6,247 | 15,838 | 6,819 |
| overdraft | 0 | 0 | -30,402 | 30,402 |
| change in cash | 365,528 | -6,247 | 46,240 | -23,583 |
richford property limited Credit Report and Business Information
Richford Property Limited Competitor Analysis
Perform a competitor analysis for richford property limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in DE55 area or any other competitors across 12 key performance metrics.
richford property limited Ownership
RICHFORD PROPERTY LIMITED group structure
Richford Property Limited has no subsidiary companies.
richford property limited directors
Richford Property Limited currently has 1 director, Mr Philip Richford serving since Dec 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Richford | England | 52 years | Dec 2018 | - | Director |
P&L
March 2023turnover
499.6k
0%
operating profit
597.9k
0%
gross margin
35.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
298.7k
0%
total assets
6.8m
0%
cash
365.5k
0%
net assets
Total assets minus all liabilities
richford property limited company details
company number
11728695
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
December 2018
age
6
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
SIBBALDS LIMITED
auditor
-
address
c/o richford motor services limi, dunsford road, alfreton, derbyshire, DE55 7RH
Bank
-
Legal Advisor
-
richford property 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 10 charges/mortgages relating to richford property limited. Currently there are 9 open charges and 1 have been satisfied in the past.
richford property 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 RICHFORD PROPERTY LIMITED. This can take several minutes, an email will notify you when this has completed.
richford property limited Companies House Filings - See Documents
| date | description | view/download |
|---|
