red ahead storage shed limited
red ahead storage shed limited Company Information
Company Number
12068804
Next Accounts
Aug 2025
Industry
Other personal service activities n.e.c.
Shareholders
nortrust nominees limited
Group Structure
View All
Contact
Registered Address
one coleman street, london, EC2R 5AA
Website
-red ahead storage shed limited Estimated Valuation
Pomanda estimates the enterprise value of RED AHEAD STORAGE SHED LIMITED at £1.8m based on a Turnover of £3.6m and 0.5x industry multiple (adjusted for size and gross margin).
red ahead storage shed limited Estimated Valuation
Pomanda estimates the enterprise value of RED AHEAD STORAGE SHED LIMITED at £0 based on an EBITDA of £-14.7k and a 2.92x industry multiple (adjusted for size and gross margin).
red ahead storage shed limited Estimated Valuation
Pomanda estimates the enterprise value of RED AHEAD STORAGE SHED LIMITED at £138.2k based on Net Assets of £60.9k and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Red Ahead Storage Shed Limited Overview
Red Ahead Storage Shed Limited is a live company located in london, EC2R 5AA with a Companies House number of 12068804. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in June 2019, it's largest shareholder is nortrust nominees limited with a 100% stake. Red Ahead Storage Shed Limited is a young, small sized company, Pomanda has estimated its turnover at £3.6m with high growth in recent years.
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Red Ahead Storage Shed Limited Health Check
Pomanda's financial health check has awarded Red Ahead Storage Shed Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £3.6m, make it larger than the average company (£918.8k)
£3.6m - Red Ahead Storage Shed Limited
£918.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (6.6%)
23% - Red Ahead Storage Shed Limited
6.6% - Industry AVG
Production
with a gross margin of 10.6%, this company has a higher cost of product (40.9%)
10.6% - Red Ahead Storage Shed Limited
40.9% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (6.3%)
-0.4% - Red Ahead Storage Shed Limited
6.3% - Industry AVG
Employees
with 40 employees, this is above the industry average (14)
- Red Ahead Storage Shed Limited
14 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Red Ahead Storage Shed Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £89k, this is equally as efficient (£89.5k)
- Red Ahead Storage Shed Limited
£89.5k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (29 days)
8 days - Red Ahead Storage Shed Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (39 days)
14 days - Red Ahead Storage Shed Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (37 days)
1 days - Red Ahead Storage Shed Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is average cash available to meet short term requirements (45 weeks)
47 weeks - Red Ahead Storage Shed Limited
45 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (44.9%)
98.1% - Red Ahead Storage Shed Limited
44.9% - Industry AVG
RED AHEAD STORAGE SHED LIMITED financials
Red Ahead Storage Shed Limited's latest turnover from November 2023 is £3.6 million and the company has net assets of £60.9 thousand. According to their latest financial statements, we estimate that Red Ahead Storage Shed Limited has 40 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Turnover | 3,559,812 | 3,326,129 | 2,821,335 | 1,898,959 | 446,147 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 3,183,136 | 2,896,522 | 2,560,717 | 1,540,668 | 257,629 |
| Gross Profit | 376,676 | 429,607 | 260,618 | 358,291 | 188,518 |
| Admin Expenses | 391,342 | 383,969 | 371,529 | 289,033 | 103,883 |
| Operating Profit | -14,666 | 45,638 | -110,911 | 69,258 | 84,635 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -14,666 | 45,638 | -110,911 | 69,258 | 84,635 |
| Tax | 3,829 | -8,671 | 21,073 | -13,159 | -16,081 |
| Profit After Tax | -10,837 | 36,967 | -89,838 | 56,099 | 68,554 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -10,837 | 36,967 | -89,838 | 56,099 | 68,554 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | |||||
| EBITDA* | -14,666 | 45,638 | -110,911 | 69,258 | 84,635 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 11,618 | 11,939 | 13,589 | 9,059 | 13,733 |
| Trade Debtors | 80,906 | 44,033 | 31,765 | 21,317 | 37,890 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 272,492 | 133,273 | 129,914 | 107,803 | 115,076 |
| Cash | 2,916,980 | 1,192,547 | 1,695,552 | 1,217,977 | 326,884 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,281,996 | 1,381,792 | 1,870,820 | 1,356,156 | 493,583 |
| total assets | 3,281,996 | 1,381,792 | 1,870,820 | 1,356,156 | 493,583 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 126,558 | 84,384 | 81,221 | 89,223 | 78,707 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,094,492 | 1,225,625 | 1,754,783 | 1,142,279 | 346,321 |
| total current liabilities | 3,221,050 | 1,310,009 | 1,836,004 | 1,231,502 | 425,028 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,221,050 | 1,310,009 | 1,836,004 | 1,231,502 | 425,028 |
| net assets | 60,946 | 71,783 | 34,816 | 124,654 | 68,555 |
| total shareholders funds | 60,946 | 71,783 | 34,816 | 124,654 | 68,555 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -14,666 | 45,638 | -110,911 | 69,258 | 84,635 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | 3,829 | -8,671 | 21,073 | -13,159 | -16,081 |
| Stock | -321 | -1,650 | 4,530 | -4,674 | 13,733 |
| Debtors | 176,092 | 15,627 | 32,559 | -23,846 | 152,966 |
| Creditors | 42,174 | 3,163 | -8,002 | 10,516 | 78,707 |
| Accruals and Deferred Income | 1,868,867 | -529,158 | 612,504 | 795,958 | 346,321 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,724,433 | -503,005 | 477,575 | 891,093 | 326,883 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 1 |
| cash and cash equivalents | |||||
| cash | 1,724,433 | -503,005 | 477,575 | 891,093 | 326,884 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,724,433 | -503,005 | 477,575 | 891,093 | 326,884 |
red ahead storage shed limited Credit Report and Business Information
Red Ahead Storage Shed Limited Competitor Analysis
Perform a competitor analysis for red ahead storage shed limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in EC2R area or any other competitors across 12 key performance metrics.
red ahead storage shed limited Ownership
RED AHEAD STORAGE SHED LIMITED group structure
Red Ahead Storage Shed Limited has no subsidiary companies.
Ultimate parent company
NORTHERN TRUST CORPORATION
#0018189
2 parents
RED AHEAD STORAGE SHED LIMITED
12068804
red ahead storage shed limited directors
Red Ahead Storage Shed Limited currently has 3 directors. The longest serving directors include Mr Michael Barrie (Jun 2019) and Mr Paul Edwards (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Barrie | 58 years | Jun 2019 | - | Director | |
| Mr Paul Edwards | England | 60 years | Jun 2019 | - | Director |
| Mr Robert Codling | United Kingdom | 45 years | May 2023 | - | Director |
P&L
November 2023turnover
3.6m
+7%
operating profit
-14.7k
-132%
gross margin
10.6%
-18.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
60.9k
-0.15%
total assets
3.3m
+1.38%
cash
2.9m
+1.45%
net assets
Total assets minus all liabilities
red ahead storage shed limited company details
company number
12068804
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
June 2019
age
6
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
KPMGLLP
address
one coleman street, london, EC2R 5AA
Bank
-
Legal Advisor
-
red ahead storage shed 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 ahead storage shed limited.
red ahead storage shed 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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red ahead storage shed limited Companies House Filings - See Documents
| date | description | view/download |
|---|
