reef estates 19 limited
reef estates 19 limited Company Information
Company Number
11820818
Website
www.reefestates.co.ukRegistered Address
51 welbeck street, london, W1G 9HL
Industry
Buying and selling of own real estate
Telephone
442076370601
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
r blue capital limited 100%
reef estates 19 limited Estimated Valuation
Pomanda estimates the enterprise value of REEF ESTATES 19 LIMITED at £898.7k based on a Turnover of £393.9k and 2.28x industry multiple (adjusted for size and gross margin).
reef estates 19 limited Estimated Valuation
Pomanda estimates the enterprise value of REEF ESTATES 19 LIMITED at £0 based on an EBITDA of £-455 and a 6x industry multiple (adjusted for size and gross margin).
reef estates 19 limited Estimated Valuation
Pomanda estimates the enterprise value of REEF ESTATES 19 LIMITED at £0 based on Net Assets of £-3.5k and 1.46x industry multiple (adjusted for liquidity).
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Reef Estates 19 Limited Overview
Reef Estates 19 Limited is a live company located in london, W1G 9HL with a Companies House number of 11820818. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2019, it's largest shareholder is r blue capital limited with a 100% stake. Reef Estates 19 Limited is a young, micro sized company, Pomanda has estimated its turnover at £393.9k with rapid growth in recent years.
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Reef Estates 19 Limited Health Check
Pomanda's financial health check has awarded Reef Estates 19 Limited 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 £393.9k, make it smaller than the average company (£900.9k)
- Reef Estates 19 Limited
£900.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 94%, show it is growing at a faster rate (2.1%)
- Reef Estates 19 Limited
2.1% - Industry AVG
Production
with a gross margin of 66.7%, this company has a comparable cost of product (66.7%)
- Reef Estates 19 Limited
66.7% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (36%)
- Reef Estates 19 Limited
36% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Reef Estates 19 Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)
- Reef Estates 19 Limited
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £131.3k, this is less efficient (£202.4k)
- Reef Estates 19 Limited
£202.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Reef Estates 19 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Reef Estates 19 Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 870 days, this is more than average (422 days)
- Reef Estates 19 Limited
422 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Reef Estates 19 Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.1%, this is a higher level of debt than the average (63.6%)
101.1% - Reef Estates 19 Limited
63.6% - Industry AVG
REEF ESTATES 19 LIMITED financials
Reef Estates 19 Limited's latest turnover from March 2023 is estimated at £393.9 thousand and the company has net assets of -£3.5 thousand. According to their latest financial statements, Reef Estates 19 Limited has 3 employees and maintains cash reserves of £360 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| 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 | 3 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 313,142 | 313,142 | 313,142 | 313,142 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 3 | 367 | 158 | 0 |
| Cash | 360 | 737 | 2,998 | 3,012 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 313,505 | 314,246 | 316,298 | 316,154 |
| total assets | 313,505 | 314,246 | 316,298 | 316,154 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 360 | 960 | 0 |
| Group/Directors Accounts | 173,859 | 173,859 | 173,859 | 173,859 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 143,150 | 143,099 | 143,399 | 143,449 |
| total current liabilities | 317,009 | 317,318 | 318,218 | 317,308 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 317,009 | 317,318 | 318,218 | 317,308 |
| net assets | -3,504 | -3,072 | -1,920 | -1,154 |
| total shareholders funds | -3,504 | -3,072 | -1,920 | -1,154 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 313,142 |
| Debtors | -364 | 209 | 158 | 0 |
| Creditors | -360 | -600 | 960 | 0 |
| Accruals and Deferred Income | 51 | -300 | -50 | 143,449 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 173,859 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -377 | -2,261 | -14 | 3,012 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -377 | -2,261 | -14 | 3,012 |
reef estates 19 limited Credit Report and Business Information
Reef Estates 19 Limited Competitor Analysis
Perform a competitor analysis for reef estates 19 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W1G area or any other competitors across 12 key performance metrics.
reef estates 19 limited Ownership
REEF ESTATES 19 LIMITED group structure
Reef Estates 19 Limited has no subsidiary companies.
Ultimate parent company
2 parents
REEF ESTATES 19 LIMITED
11820818
reef estates 19 limited directors
Reef Estates 19 Limited currently has 2 directors. The longest serving directors include Mr Stewart Deering (Feb 2019) and Mr Peter Langly-Smith (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stewart Deering | England | 45 years | Feb 2019 | - | Director |
| Mr Peter Langly-Smith | England | 41 years | Nov 2023 | - | Director |
P&L
March 2023turnover
393.9k
+58%
operating profit
-455.3
0%
gross margin
66.7%
+0.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-3.5k
+0.14%
total assets
313.5k
0%
cash
360
-0.51%
net assets
Total assets minus all liabilities
Similar Companies
reef estates 19 limited company details
company number
11820818
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
February 2019
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
HAINES WATTS
auditor
-
address
51 welbeck street, london, W1G 9HL
Bank
-
Legal Advisor
-
reef estates 19 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 reef estates 19 limited.
reef estates 19 limited Companies House Filings - See Documents
| date | description | view/download |
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