reedham alliance limited

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reedham alliance limited Company Information

Share REEDHAM ALLIANCE LIMITED

Company Number

11839018

Shareholders

property alliance group limited

Group Structure

View All

Industry

Buying and selling of own real estate

 

Registered Address

alliance house, westpoint enterprise park, manchester, greater manchester, M17 1QS

reedham alliance limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of REEDHAM ALLIANCE LIMITED at £1.2m based on a Turnover of £380k and 3.03x industry multiple (adjusted for size and gross margin).

reedham alliance limited Estimated Valuation

£0

Pomanda estimates the enterprise value of REEDHAM ALLIANCE LIMITED at £0 based on an EBITDA of £-41.7k and a 6.42x industry multiple (adjusted for size and gross margin).

reedham alliance limited Estimated Valuation

£0

Pomanda estimates the enterprise value of REEDHAM ALLIANCE LIMITED at £0 based on Net Assets of £-1.2m and 1.6x industry multiple (adjusted for liquidity).

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Reedham Alliance Limited Overview

Reedham Alliance Limited is a live company located in manchester, M17 1QS with a Companies House number of 11839018. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2019, it's largest shareholder is property alliance group limited with a 100% stake. Reedham Alliance Limited is a young, micro sized company, Pomanda has estimated its turnover at £380k with high growth in recent years.

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Reedham Alliance Limited Health Check

Pomanda's financial health check has awarded Reedham Alliance Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £380k, make it smaller than the average company (£796.3k)

£380k - Reedham Alliance Limited

£796.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (3.3%)

25% - Reedham Alliance Limited

3.3% - Industry AVG

production

Production

with a gross margin of 71.2%, this company has a comparable cost of product (71.2%)

71.2% - Reedham Alliance Limited

71.2% - Industry AVG

profitability

Profitability

an operating margin of -11% make it less profitable than the average company (26.6%)

-11% - Reedham Alliance Limited

26.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Reedham Alliance Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)

£41.3k - Reedham Alliance Limited

£41.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £190k, this is equally as efficient (£190k)

£190k - Reedham Alliance Limited

£190k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Reedham Alliance Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Reedham Alliance Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Reedham Alliance Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)

0 weeks - Reedham Alliance Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 114.7%, this is a higher level of debt than the average (62.6%)

114.7% - Reedham Alliance Limited

62.6% - Industry AVG

REEDHAM ALLIANCE LIMITED financials

EXPORTms excel logo

Reedham Alliance Limited's latest turnover from June 2024 is estimated at £380 thousand and the company has net assets of -£1.2 million. According to their latest financial statements, Reedham Alliance Limited has 2 employees and maintains cash reserves of £1.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019
Turnover380,000192,703378,622192,856434,513418,703
Other Income Or Grants
Cost Of Sales109,50055,788116,22755,949130,914125,316
Gross Profit270,500136,915262,395136,907303,599293,387
Admin Expenses312,153-16,262101,75810,519212,591179,263
Operating Profit-41,653153,177160,637126,38891,008114,124
Interest Payable253,125495,000326,250274,500275,629153,124
Interest Receivable8970271614
Pre-Tax Profit-294,689-341,753-165,586-148,096-184,607-39,000
Tax
Profit After Tax-294,689-341,753-165,586-148,096-184,607-39,000
Dividends Paid
Retained Profit-294,689-341,753-165,586-148,096-184,607-39,000
Employee Costs82,68771,76174,65170,93777,23577,689
Number Of Employees222222
EBITDA*-41,653153,177160,637126,38891,008114,124

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019
Tangible Assets
Intangible Assets
Investments & Other7,970,4097,970,4097,970,4097,970,4097,970,4098,009,000
Debtors (Due After 1 year)
Total Fixed Assets7,970,4097,970,4097,970,4097,970,4097,970,4098,009,000
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors300
Cash1,0652,3084943,81127,978
misc current assets
total current assets1,0652,3087943,81127,978
total assets7,971,4747,972,7177,971,2037,974,2207,998,3878,009,000
Bank overdraft37,000
Bank loan4,500,0004,500,0004,500,0004,500,000
Trade Creditors 5,0404,950
Group/Directors Accounts9,138,4874,325,5663,995,5673,832,5853,717,5193,509,000
other short term finances
hp & lease commitments
other current liabilities6,61821,05312,8258,2884,3752,000
total current liabilities9,145,1058,851,6598,508,3928,345,8238,221,8943,548,000
loans4,500,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities4,500,000
total liabilities9,145,1058,851,6598,508,3928,345,8238,221,8948,048,000
net assets-1,173,631-878,942-537,189-371,603-223,507-39,000
total shareholders funds-1,173,631-878,942-537,189-371,603-223,507-39,000
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019
Operating Activities
Operating Profit-41,653153,177160,637126,38891,008114,124
Depreciation
Amortisation
Tax
Stock
Debtors-300300
Creditors-5,0405,040-4,9504,950
Accruals and Deferred Income-14,4358,2284,5373,9132,3752,000
Deferred Taxes & Provisions
Cash flow from operations-61,128166,745159,924135,25193,383116,124
Investing Activities
capital expenditure
Change in Investments-38,5918,009,000
cash flow from investments38,591-8,009,000
Financing Activities
Bank loans-4,500,0004,500,000
Group/Directors Accounts4,812,921329,999162,982115,066208,5193,509,000
Other Short Term Loans
Long term loans-4,500,0004,500,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-253,036-494,930-326,223-274,484-275,615-153,124
cash flow from financing59,885-164,931-163,241-159,418-66,9967,855,876
cash and cash equivalents
cash-1,2431,814-3,317-24,16727,978
overdraft-37,00037,000
change in cash-1,2431,814-3,317-24,16764,978-37,000

reedham alliance 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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Reedham Alliance Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for reedham alliance limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M17 area or any other competitors across 12 key performance metrics.

reedham alliance limited Ownership

REEDHAM ALLIANCE LIMITED group structure

Reedham Alliance Limited has 1 subsidiary company.

Ultimate parent company

1 parent

REEDHAM ALLIANCE LIMITED

11839018

1 subsidiary

REEDHAM ALLIANCE LIMITED Shareholders

property alliance group limited 100%

reedham alliance limited directors

Reedham Alliance Limited currently has 2 directors. The longest serving directors include Mr Alexander Russell (Feb 2019) and Mr David Russell (Feb 2019).

officercountryagestartendrole
Mr Alexander RussellEngland42 years Feb 2019- Director
Mr David RussellEngland68 years Feb 2019- Director

P&L

June 2024

turnover

380k

+97%

operating profit

-41.7k

0%

gross margin

71.2%

+0.19%

turnover

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

Balance Sheet

June 2024

net assets

-1.2m

+0.34%

total assets

8m

0%

cash

1.1k

-0.54%

net assets

Total assets minus all liabilities

reedham alliance limited company details

company number

11839018

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

February 2019

age

6

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

COOPER PARRY GROUP LIMITED

address

alliance house, westpoint enterprise park, manchester, greater manchester, M17 1QS

Bank

-

Legal Advisor

-

reedham alliance 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 reedham alliance limited.

reedham alliance 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.

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reedham alliance limited Companies House Filings - See Documents

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