redsnap limited

3

redsnap limited Company Information

Share REDSNAP LIMITED
Live 
YoungMicroRapid

Company Number

12265507

Website

-

Registered Address

the old rectory church street, webridge, surrey, KT13 8DE

Industry

Advertising agencies

 

Media representation

 

Telephone

-

Next Accounts Due

July 2025

Group Structure

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Directors

Keith Hutchison5 Years

Shareholders

keith william hutchison 76%

marketa hutchison 24%

redsnap limited Estimated Valuation

£181.7k

Pomanda estimates the enterprise value of REDSNAP LIMITED at £181.7k based on a Turnover of £336.5k and 0.54x industry multiple (adjusted for size and gross margin).

redsnap limited Estimated Valuation

£0

Pomanda estimates the enterprise value of REDSNAP LIMITED at £0 based on an EBITDA of £-5.2k and a 3.36x industry multiple (adjusted for size and gross margin).

redsnap limited Estimated Valuation

£1.2k

Pomanda estimates the enterprise value of REDSNAP LIMITED at £1.2k based on Net Assets of £566 and 2.18x industry multiple (adjusted for liquidity).

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Redsnap Limited Overview

Redsnap Limited is a live company located in surrey, KT13 8DE with a Companies House number of 12265507. It operates in the advertising agencies sector, SIC Code 73110. Founded in October 2019, it's largest shareholder is keith william hutchison with a 76% stake. Redsnap Limited is a young, micro sized company, Pomanda has estimated its turnover at £336.5k with rapid growth in recent years.

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Redsnap Limited Health Check

Pomanda's financial health check has awarded Redsnap Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £336.5k, make it smaller than the average company (£5.7m)

£336.5k - Redsnap Limited

£5.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (5.9%)

82% - Redsnap Limited

5.9% - Industry AVG

production

Production

with a gross margin of 50.7%, this company has a comparable cost of product (50.7%)

50.7% - Redsnap Limited

50.7% - Industry AVG

profitability

Profitability

an operating margin of -1.6% make it less profitable than the average company (6.9%)

-1.6% - Redsnap Limited

6.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (27)

2 - Redsnap Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £63.9k, the company has an equivalent pay structure (£63.9k)

£63.9k - Redsnap Limited

£63.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £168.2k, this is equally as efficient (£168.2k)

£168.2k - Redsnap Limited

£168.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Redsnap Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Redsnap Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Redsnap Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (17 weeks)

52 weeks - Redsnap Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 97.8%, this is a higher level of debt than the average (66.4%)

97.8% - Redsnap Limited

66.4% - Industry AVG

REDSNAP LIMITED financials

EXPORTms excel logo

Redsnap Limited's latest turnover from October 2023 is estimated at £336.5 thousand and the company has net assets of £566. According to their latest financial statements, Redsnap Limited has 2 employees and maintains cash reserves of £25.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020
Turnover336,460161,469132,99455,602
Other Income Or Grants0000
Cost Of Sales166,01983,44568,15530,052
Gross Profit170,44178,02564,83825,550
Admin Expenses175,80276,67366,33019,539
Operating Profit-5,3611,352-1,4926,011
Interest Payable0000
Interest Receivable1,0493382114
Pre-Tax Profit-4,3121,690-1,4716,025
Tax0-3210-1,145
Profit After Tax-4,3121,369-1,4714,880
Dividends Paid0000
Retained Profit-4,3121,369-1,4714,880
Employee Costs127,72061,99454,02754,672
Number Of Employees2111
EBITDA*-5,2131,500-1,4926,011

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020
Tangible Assets44359100
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets44359100
Stock & work in progress0000
Trade Debtors000833
Group Debtors0000
Misc Debtors0000
Cash25,15516,80313,28328,341
misc current assets0000
total current assets25,15516,80313,28329,174
total assets25,59817,39413,28329,174
Bank overdraft0000
Bank loan0000
Trade Creditors 0000
Group/Directors Accounts0000
other short term finances0000
hp & lease commitments0000
other current liabilities25,03212,5169,77424,194
total current liabilities25,03212,5169,77424,194
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities0000
provisions0000
total long term liabilities0000
total liabilities25,03212,5169,77424,194
net assets5664,8783,5094,980
total shareholders funds5664,8783,5094,980
Oct 2023Oct 2022Oct 2021Oct 2020
Operating Activities
Operating Profit-5,3611,352-1,4926,011
Depreciation14814800
Amortisation0000
Tax0-3210-1,145
Stock0000
Debtors00-833833
Creditors0000
Accruals and Deferred Income12,5162,742-14,42024,194
Deferred Taxes & Provisions0000
Cash flow from operations7,3033,921-15,07928,227
Investing Activities
capital expenditure0-73900
Change in Investments0000
cash flow from investments0-73900
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities0000
share issue000100
interest1,0493382114
cash flow from financing1,04933821114
cash and cash equivalents
cash8,3523,520-15,05828,341
overdraft0000
change in cash8,3523,520-15,05828,341

redsnap 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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Redsnap Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for redsnap limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in KT13 area or any other competitors across 12 key performance metrics.

redsnap limited Ownership

REDSNAP LIMITED group structure

Redsnap Limited has no subsidiary companies.

Ultimate parent company

REDSNAP LIMITED

12265507

REDSNAP LIMITED Shareholders

keith william hutchison 76%
marketa hutchison 24%

redsnap limited directors

Redsnap Limited currently has 1 director, Mr Keith Hutchison serving since Oct 2019.

officercountryagestartendrole
Mr Keith HutchisonEngland54 years Oct 2019- Director

P&L

October 2023

turnover

336.5k

+108%

operating profit

-5.4k

0%

gross margin

50.7%

+4.83%

turnover

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

Balance Sheet

October 2023

net assets

566

-0.88%

total assets

25.6k

+0.47%

cash

25.2k

+0.5%

net assets

Total assets minus all liabilities

redsnap limited company details

company number

12265507

Type

Private limited with Share Capital

industry

73110 - Advertising agencies

73120 - Media representation

incorporation date

October 2019

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

TWP ACCOUNTING LLP

auditor

-

address

the old rectory church street, webridge, surrey, KT13 8DE

Bank

-

Legal Advisor

-

redsnap 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 redsnap limited.

charges

redsnap limited Companies House Filings - See Documents

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