red right hand limited

0.5

red right hand limited Company Information

Share RED RIGHT HAND LIMITED
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Company Number

11760701

Website

-

Registered Address

27 tudor road, london, E9 7SN

Industry

Financial management

 

Telephone

-

Next Accounts Due

4 days late

Group Structure

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Directors

Damian Prentice5 Years

Giles White5 Years

Shareholders

damian prentice 100%

red right hand limited Estimated Valuation

£180

Pomanda estimates the enterprise value of RED RIGHT HAND LIMITED at £180 based on a Turnover of £293 and 0.61x industry multiple (adjusted for size and gross margin).

red right hand limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RED RIGHT HAND LIMITED at £0 based on an EBITDA of £0 and a 4.85x industry multiple (adjusted for size and gross margin).

red right hand limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RED RIGHT HAND LIMITED at £0 based on Net Assets of £0 and 4.01x industry multiple (adjusted for liquidity).

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Red Right Hand Limited Overview

Red Right Hand Limited is a live company located in london, E9 7SN with a Companies House number of 11760701. It operates in the financial management sector, SIC Code 70221. Founded in January 2019, it's largest shareholder is damian prentice with a 100% stake. Red Right Hand Limited is a young, micro sized company, Pomanda has estimated its turnover at £293.4 with declining growth in recent years.

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Red Right Hand Limited Health Check

Pomanda's financial health check has awarded Red Right Hand Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £293.4, make it smaller than the average company (£565.4k)

£293.4 - Red Right Hand Limited

£565.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -67%, show it is growing at a slower rate (8.2%)

-67% - Red Right Hand Limited

8.2% - Industry AVG

production

Production

with a gross margin of 36.2%, this company has a higher cost of product (81.9%)

36.2% - Red Right Hand Limited

81.9% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Red Right Hand Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Red Right Hand Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)

£51.9k - Red Right Hand Limited

£51.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £293.4, this is less efficient (£131.2k)

£293.4 - Red Right Hand Limited

£131.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 195 days, this is later than average (74 days)

195 days - Red Right Hand Limited

74 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Red Right Hand Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Red Right Hand Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Red Right Hand Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (47.7%)

100% - Red Right Hand Limited

47.7% - Industry AVG

RED RIGHT HAND LIMITED financials

EXPORTms excel logo

Red Right Hand Limited's latest turnover from January 2023 is estimated at £293 and the company has net assets of 0. According to their latest financial statements, we estimate that Red Right Hand Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2023Jan 2022Jan 2021Jan 2020
Turnover2933756,0898,020
Other Income Or Grants0000
Cost Of Sales1872573,9365,622
Gross Profit1061182,1522,398
Admin Expenses106-8,8772,3929,444
Operating Profit08,995-240-7,046
Interest Payable0000
Interest Receivable0000
Pre-Tax Profit08,995-240-7,046
Tax0-1,70900
Profit After Tax07,286-240-7,046
Dividends Paid0000
Retained Profit07,286-240-7,046
Employee Costs51,94245,18236,76147,254
Number Of Employees1111
EBITDA*08,995-240-7,046

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2023Jan 2022Jan 2021Jan 2020
Tangible Assets161,775149,575215,689171,904
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets161,775149,575215,689171,904
Stock & work in progress0000
Trade Debtors1571571571,598
Group Debtors0000
Misc Debtors0000
Cash0000
misc current assets0000
total current assets1571571571,598
total assets161,932149,732215,846173,502
Bank overdraft0000
Bank loan0000
Trade Creditors 04,06683,88887,901
Group/Directors Accounts0000
other short term finances0000
hp & lease commitments0000
other current liabilities0000
total current liabilities04,06683,88887,901
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities161,932145,666139,24492,647
provisions0000
total long term liabilities161,932145,666139,24492,647
total liabilities161,932149,732223,132180,548
net assets00-7,286-7,046
total shareholders funds00-7,286-7,046
Jan 2023Jan 2022Jan 2021Jan 2020
Operating Activities
Operating Profit08,995-240-7,046
Depreciation0000
Amortisation0000
Tax0-1,70900
Stock0000
Debtors00-1,4411,598
Creditors-4,066-79,822-4,01387,901
Accruals and Deferred Income0000
Deferred Taxes & Provisions0000
Cash flow from operations-4,066-72,536-2,81279,257
Investing Activities
capital expenditure-12,20066,114-43,785-171,904
Change in Investments0000
cash flow from investments-12,20066,114-43,785-171,904
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities16,2666,42246,59792,647
share issue0000
interest0000
cash flow from financing16,2666,42246,59792,647
cash and cash equivalents
cash0000
overdraft0000
change in cash0000

red right hand limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Red Right Hand Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for red right hand limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in E 9 area or any other competitors across 12 key performance metrics.

red right hand limited Ownership

RED RIGHT HAND LIMITED group structure

Red Right Hand Limited has no subsidiary companies.

Ultimate parent company

RED RIGHT HAND LIMITED

11760701

RED RIGHT HAND LIMITED Shareholders

damian prentice 100%

red right hand limited directors

Red Right Hand Limited currently has 2 directors. The longest serving directors include Mr Damian Prentice (Jan 2019) and Mr Giles White (Feb 2019).

officercountryagestartendrole
Mr Damian PrenticeUnited Kingdom57 years Jan 2019- Director
Mr Giles WhiteUnited Kingdom49 years Feb 2019- Director

P&L

January 2023

turnover

293.4

-22%

operating profit

0

0%

gross margin

36.3%

+15.09%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2023

net assets

0

0%

total assets

161.9k

+0.08%

cash

0

0%

net assets

Total assets minus all liabilities

red right hand limited company details

company number

11760701

Type

Private limited with Share Capital

industry

70221 - Financial management

incorporation date

January 2019

age

5

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

January 2023

previous names

N/A

accountant

-

auditor

-

address

27 tudor road, london, E9 7SN

Bank

-

Legal Advisor

-

red right hand 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 did not find charges/mortgages relating to red right hand limited.

charges

red right hand limited Companies House Filings - See Documents

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