rlg spv 1 ltd
rlg spv 1 ltd Company Information
Company Number
11981721
Next Accounts
179 days late
Directors
Shareholders
really local group limited
Group Structure
View All
Industry
Operation of arts facilities
+1Registered Address
305 baltic quay 1 sweden gate, london, london, SE16 7TJ
Website
reallylocalgroup.co.ukrlg spv 1 ltd Estimated Valuation
Pomanda estimates the enterprise value of RLG SPV 1 LTD at £42.7k based on a Turnover of £88.2k and 0.48x industry multiple (adjusted for size and gross margin).
rlg spv 1 ltd Estimated Valuation
Pomanda estimates the enterprise value of RLG SPV 1 LTD at £0 based on an EBITDA of £-84.4k and a 4.7x industry multiple (adjusted for size and gross margin).
rlg spv 1 ltd Estimated Valuation
Pomanda estimates the enterprise value of RLG SPV 1 LTD at £0 based on Net Assets of £-98.7k and 1.44x industry multiple (adjusted for liquidity).
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Rlg Spv 1 Ltd Overview
Rlg Spv 1 Ltd is a live company located in london, SE16 7TJ with a Companies House number of 11981721. It operates in the operation of arts facilities sector, SIC Code 90040. Founded in May 2019, it's largest shareholder is really local group limited with a 100% stake. Rlg Spv 1 Ltd is a young, micro sized company, Pomanda has estimated its turnover at £88.2k with declining growth in recent years.
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Rlg Spv 1 Ltd Health Check
Pomanda's financial health check has awarded Rlg Spv 1 Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £88.2k, make it smaller than the average company (£517.1k)
- Rlg Spv 1 Ltd
£517.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (-0.6%)
- Rlg Spv 1 Ltd
-0.6% - Industry AVG
Production
with a gross margin of 37.5%, this company has a higher cost of product (59.4%)
- Rlg Spv 1 Ltd
59.4% - Industry AVG
Profitability
an operating margin of -95.7% make it less profitable than the average company (5.9%)
- Rlg Spv 1 Ltd
5.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Rlg Spv 1 Ltd
12 - Industry AVG
Pay Structure
on an average salary of £17.8k, the company has an equivalent pay structure (£17.8k)
- Rlg Spv 1 Ltd
£17.8k - Industry AVG
Efficiency
resulting in sales per employee of £88.2k, this is more efficient (£49.6k)
- Rlg Spv 1 Ltd
£49.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (8 days)
- Rlg Spv 1 Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 3906 days, this is slower than average (51 days)
- Rlg Spv 1 Ltd
51 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rlg Spv 1 Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rlg Spv 1 Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.1%, this is a higher level of debt than the average (49.3%)
120.1% - Rlg Spv 1 Ltd
49.3% - Industry AVG
RLG SPV 1 LTD financials
Rlg Spv 1 Ltd's latest turnover from December 2022 is estimated at £88.2 thousand and the company has net assets of -£98.7 thousand. According to their latest financial statements, Rlg Spv 1 Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 491,008 | 464,855 | 454,090 | 49,224 |
| Intangible Assets | ||||
| Investments & Other | 1 | |||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 491,009 | 464,855 | 454,090 | 49,224 |
| Stock & work in progress | ||||
| Trade Debtors | 1 | 25,000 | ||
| Group Debtors | ||||
| Misc Debtors | 2,078 | 9,293 | 6,000 | |
| Cash | 58 | 1,461 | ||
| misc current assets | ||||
| total current assets | 1 | 2,136 | 10,754 | 31,000 |
| total assets | 491,010 | 466,991 | 464,844 | 80,224 |
| Bank overdraft | 20 | |||
| Bank loan | ||||
| Trade Creditors | 589,724 | 4,008 | 3,987 | 35,400 |
| Group/Directors Accounts | 341,099 | 330,105 | 44,724 | |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 136,228 | 136,228 | ||
| total current liabilities | 589,724 | 481,335 | 470,320 | 80,144 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 589,724 | 481,335 | 470,320 | 80,144 |
| net assets | -98,714 | -14,344 | -5,476 | 80 |
| total shareholders funds | -98,714 | -14,344 | -5,476 | 80 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | -2,077 | -7,215 | -21,707 | 31,000 |
| Creditors | 585,716 | 21 | -31,413 | 35,400 |
| Accruals and Deferred Income | -136,228 | 136,228 | ||
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 1 | |||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | -341,099 | 10,994 | 285,381 | 44,724 |
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -58 | -1,403 | 1,461 | |
| overdraft | -20 | 20 | ||
| change in cash | -58 | -1,403 | 1,481 | -20 |
rlg spv 1 ltd Credit Report and Business Information
Rlg Spv 1 Ltd Competitor Analysis
Perform a competitor analysis for rlg spv 1 ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in SE16 area or any other competitors across 12 key performance metrics.
rlg spv 1 ltd Ownership
RLG SPV 1 LTD group structure
Rlg Spv 1 Ltd has no subsidiary companies.
rlg spv 1 ltd directors
Rlg Spv 1 Ltd currently has 1 director, Mr Preston Benson serving since May 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Preston Benson | England | 44 years | May 2019 | - | Director |
P&L
December 2022turnover
88.2k
+304%
operating profit
-84.4k
0%
gross margin
37.5%
+25.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-98.7k
+5.88%
total assets
491k
+0.05%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
rlg spv 1 ltd company details
company number
11981721
Type
Private limited with Share Capital
industry
90040 - Operation of arts facilities
56302 - Public houses and bars
incorporation date
May 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2022
previous names
really local group (hayes) ltd (March 2024)
accountant
-
auditor
-
address
305 baltic quay 1 sweden gate, london, london, SE16 7TJ
Bank
-
Legal Advisor
-
rlg spv 1 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 rlg spv 1 ltd.
rlg spv 1 ltd 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 RLG SPV 1 LTD. This can take several minutes, an email will notify you when this has completed.
rlg spv 1 ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
