redsun corner limited
redsun corner limited Company Information
Company Number
12277790
Next Accounts
Jun 2025
Directors
Shareholders
london city pub group limited
Group Structure
View All
Industry
Public houses and bars
Registered Address
s202 weston house the maltings, station road, sawbridgeworth, herts, CM21 9FP
Website
-redsun corner limited Estimated Valuation
Pomanda estimates the enterprise value of REDSUN CORNER LIMITED at £977.4k based on a Turnover of £1.9m and 0.52x industry multiple (adjusted for size and gross margin).
redsun corner limited Estimated Valuation
Pomanda estimates the enterprise value of REDSUN CORNER LIMITED at £0 based on an EBITDA of £-41.6k and a 3.68x industry multiple (adjusted for size and gross margin).
redsun corner limited Estimated Valuation
Pomanda estimates the enterprise value of REDSUN CORNER LIMITED at £0 based on Net Assets of £-253.5k and 1.93x industry multiple (adjusted for liquidity).
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Redsun Corner Limited Overview
Redsun Corner Limited is a live company located in sawbridgeworth, CM21 9FP with a Companies House number of 12277790. It operates in the public houses and bars sector, SIC Code 56302. Founded in October 2019, it's largest shareholder is london city pub group limited with a 100% stake. Redsun Corner Limited is a young, small sized company, Pomanda has estimated its turnover at £1.9m with low growth in recent years.
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Redsun Corner Limited Health Check
Pomanda's financial health check has awarded Redsun Corner Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £1.9m, make it larger than the average company (£590.5k)
- Redsun Corner Limited
£590.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.1%)
- Redsun Corner Limited
7.1% - Industry AVG
Production
with a gross margin of 41.4%, this company has a higher cost of product (58.4%)
- Redsun Corner Limited
58.4% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (5.6%)
- Redsun Corner Limited
5.6% - Industry AVG
Employees
with 27 employees, this is above the industry average (15)
- Redsun Corner Limited
15 - Industry AVG
Pay Structure
on an average salary of £15.5k, the company has an equivalent pay structure (£15.5k)
- Redsun Corner Limited
£15.5k - Industry AVG
Efficiency
resulting in sales per employee of £69.1k, this is more efficient (£49.7k)
- Redsun Corner Limited
£49.7k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (8 days)
- Redsun Corner Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 179 days, this is slower than average (49 days)
- Redsun Corner Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Redsun Corner Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Redsun Corner Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 189.5%, this is a higher level of debt than the average (76.7%)
189.5% - Redsun Corner Limited
76.7% - Industry AVG
REDSUN CORNER LIMITED financials
Redsun Corner Limited's latest turnover from September 2023 is estimated at £1.9 million and the company has net assets of -£253.5 thousand. According to their latest financial statements, we estimate that Redsun Corner Limited has 27 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 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 | 42 | 61 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | |
|---|---|---|---|---|
| Tangible Assets | 46,027 | 84,907 | 117,540 | 23,762 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 46,027 | 84,907 | 117,540 | 23,762 |
| Stock & work in progress | ||||
| Trade Debtors | 203,551 | 107,088 | 33,998 | 258,770 |
| Group Debtors | ||||
| Misc Debtors | 33,723 | |||
| Cash | ||||
| misc current assets | ||||
| total current assets | 237,274 | 107,088 | 33,998 | 258,770 |
| total assets | 283,301 | 191,995 | 151,538 | 282,532 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 536,845 | 403,977 | 319,795 | 209,185 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 536,845 | 403,977 | 319,795 | 209,185 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 536,845 | 403,977 | 319,795 | 209,185 |
| net assets | -253,544 | -211,982 | -168,257 | 73,347 |
| total shareholders funds | -253,544 | -211,982 | -168,257 | 73,347 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 130,186 | 73,090 | -224,772 | 258,770 |
| Creditors | 132,868 | 84,182 | 110,610 | 209,185 |
| Accruals and Deferred Income | ||||
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| 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 | ||||
| overdraft | ||||
| change in cash |
redsun corner limited Credit Report and Business Information
Redsun Corner Limited Competitor Analysis
Perform a competitor analysis for redsun corner limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in CM21 area or any other competitors across 12 key performance metrics.
redsun corner limited Ownership
REDSUN CORNER LIMITED group structure
Redsun Corner Limited has no subsidiary companies.
redsun corner limited directors
Redsun Corner Limited currently has 1 director, Mr Michael McBrearty serving since Sep 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael McBrearty | England | 55 years | Sep 2024 | - | Director |
P&L
September 2023turnover
1.9m
+118%
operating profit
-41.6k
0%
gross margin
41.4%
+0.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-253.5k
+0.2%
total assets
283.3k
+0.48%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
redsun corner limited company details
company number
12277790
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
October 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
s202 weston house the maltings, station road, sawbridgeworth, herts, CM21 9FP
Bank
-
Legal Advisor
-
redsun corner 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 redsun corner limited.
redsun corner 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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redsun corner limited Companies House Filings - See Documents
| date | description | view/download |
|---|
