Pomanda estimates the enterprise value of RIDGECREST WILLS & TRUSTS LTD at £110.5k based on a Turnover of £156.9k and 0.7x industry multiple (adjusted for size and gross margin).
ridgecrest wills & trusts ltdEstimated Valuation
£28.4k
Pomanda estimates the enterprise value of RIDGECREST WILLS & TRUSTS LTD at £28.4k based on an EBITDA of £11.1k and a 2.56x industry multiple (adjusted for size and gross margin).
ridgecrest wills & trusts ltdEstimated Valuation
£893
Pomanda estimates the enterprise value of RIDGECREST WILLS & TRUSTS LTD at £893 based on Net Assets of £725 and 1.23x industry multiple (adjusted for liquidity).
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Ridgecrest Wills & Trusts LtdOverview
Ridgecrest Wills & Trusts Ltd is a live company located in melton mowbray, LE13 0PB with a Companies House number of 11792672. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in January 2019, it's largest shareholder is
simon curley
with a 33.3% stake. Ridgecrest Wills & Trusts Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£156.9k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Ridgecrest Wills & Trusts 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
Health Rating1out of 5
1 Strong
1 Regular
7 Weak
Size
annual sales of £156.9k, make it smaller than the average company (£5.3m)
£156.9k - Ridgecrest Wills & Trusts Ltd
£5.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Ridgecrest Wills & Trusts Ltd
- - Industry AVG
Production
with a gross margin of 13.8%, this company has a higher cost of product (55.3%)
13.8% - Ridgecrest Wills & Trusts Ltd
55.3% - Industry AVG
Profitability
an operating margin of 7.1% make it less profitable than the average company (9.2%)
7.1% - Ridgecrest Wills & Trusts Ltd
9.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (12)
3 - Ridgecrest Wills & Trusts Ltd
12 - Industry AVG
Pay Structure
on an average salary of £79.6k, the company has an equivalent pay structure (£79.6k)
£79.6k - Ridgecrest Wills & Trusts Ltd
£79.6k - Industry AVG
Efficiency
resulting in sales per employee of £52.3k, this is less efficient (£210.3k)
£52.3k - Ridgecrest Wills & Trusts Ltd
£210.3k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (33 days)
14 days - Ridgecrest Wills & Trusts Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (40 days)
12 days - Ridgecrest Wills & Trusts Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ridgecrest Wills & Trusts Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ridgecrest Wills & Trusts Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88%, this is a higher level of debt than the average (69.5%)
88% - Ridgecrest Wills & Trusts Ltd
69.5% - Industry AVG
RIDGECREST WILLS & TRUSTS LTD financials
EXPORT
Ridgecrest Wills & Trusts Ltd's latest turnover from January 2024 is estimated at £156.9 thousand and the company has net assets of £725. According to their latest financial statements, Ridgecrest Wills & Trusts Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Turnover
156,941
99,399
104,789
Other Income Or Grants
Cost Of Sales
135,367
83,217
86,864
Gross Profit
21,575
16,182
17,925
Admin Expenses
10,443
19,126
22,605
Operating Profit
11,132
-2,944
-4,680
Interest Payable
Interest Receivable
Pre-Tax Profit
11,132
-2,944
-4,680
Tax
-2,783
Profit After Tax
8,349
-2,944
-4,680
Dividends Paid
Retained Profit
8,349
-2,944
-4,680
Employee Costs
238,766
147,852
147,981
Number Of Employees
3
2
2
EBITDA*
11,132
-2,944
-4,680
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Tangible Assets
Intangible Assets
Investments & Other
4
4
Debtors (Due After 1 year)
Total Fixed Assets
4
4
Stock & work in progress
Trade Debtors
6,023
3,084
7,361
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
6,023
3,084
7,361
total assets
6,023
3,084
7,361
4
4
Bank overdraft
Bank loan
Trade Creditors
4,648
10,108
11,520
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
4,648
10,108
11,520
loans
hp & lease commitments
Accruals and Deferred Income
650
600
521
other liabilities
provisions
total long term liabilities
650
600
521
total liabilities
5,298
10,708
12,041
net assets
725
-7,624
-4,680
4
4
total shareholders funds
725
-7,624
-4,680
4
4
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Operating Activities
Operating Profit
11,132
-2,944
-4,680
Depreciation
Amortisation
Tax
-2,783
Stock
Debtors
2,939
-4,277
7,361
Creditors
-5,460
-1,412
11,520
Accruals and Deferred Income
50
79
521
Deferred Taxes & Provisions
Cash flow from operations
Investing Activities
capital expenditure
Change in Investments
-4
4
cash flow from investments
4
-4
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
-4
4
interest
cash flow from financing
-4
4
cash and cash equivalents
cash
overdraft
change in cash
ridgecrest wills & trusts ltd 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 ridgecrest wills & trusts ltd. Get real-time insights into ridgecrest wills & trusts ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ridgecrest wills & trusts ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in LE13 area or any other competitors across 12 key performance metrics.
ridgecrest wills & trusts ltd Ownership
RIDGECREST WILLS & TRUSTS LTD group structure
Ridgecrest Wills & Trusts Ltd has no subsidiary companies.
Ultimate parent company
RIDGECREST WILLS & TRUSTS LTD
11792672
RIDGECREST WILLS & TRUSTS LTD Shareholders
The largest shareholders in Ridgecrest Wills & Trusts Ltd include Simon Curley and Carrie Boughtwood.
simon curley
33.33%
carrie boughtwood
33.33%
jonathan curley
33.33%
ridgecrest wills & trusts ltd directors
Ridgecrest Wills & Trusts Ltd currently has 3 directors.
The longest serving directors include
Mr Simon Curley (Jan 2019) and
Mr Jon Curley (Feb 2023).
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
January 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
ridgecrest wealth management ltd (July 2021)
utopia wealth management ltd (March 2019)
accountant
COULTER & CO
auditor
-
address
pera business park, m03 tower building, melton mowbray, LE13 0PB
Bank
-
Legal Advisor
-
ridgecrest wills & trusts 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 ridgecrest wills & trusts ltd.
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 RIDGECREST WILLS & TRUSTS LTD. This can take several minutes, an email will notify you when this has completed.
ridgecrest wills & trusts ltdCompanies House Filings - See Documents
