re-rack limited
re-rack limited Company Information
Company Number
12282895
Website
-Registered Address
1 corn square, leominster, HR6 8LR
Industry
Public houses and bars
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
carol bedford 51%
george samual cole bedford 49%
re-rack limited Estimated Valuation
Pomanda estimates the enterprise value of RE-RACK LIMITED at £63.1k based on a Turnover of £125.5k and 0.5x industry multiple (adjusted for size and gross margin).
re-rack limited Estimated Valuation
Pomanda estimates the enterprise value of RE-RACK LIMITED at £21k based on an EBITDA of £5.7k and a 3.67x industry multiple (adjusted for size and gross margin).
re-rack limited Estimated Valuation
Pomanda estimates the enterprise value of RE-RACK LIMITED at £0 based on Net Assets of £-1.2k and 1.85x industry multiple (adjusted for liquidity).
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Re-rack Limited Overview
Re-rack Limited is a live company located in leominster, HR6 8LR with a Companies House number of 12282895. It operates in the public houses and bars sector, SIC Code 56302. Founded in October 2019, it's largest shareholder is carol bedford with a 51% stake. Re-rack Limited is a young, micro sized company, Pomanda has estimated its turnover at £125.5k with healthy growth in recent years.
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Re-rack Limited Health Check
Pomanda's financial health check has awarded Re-Rack Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £125.5k, make it smaller than the average company (£428.3k)
- Re-rack Limited
£428.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (1.5%)
- Re-rack Limited
1.5% - Industry AVG
Production
with a gross margin of 41.6%, this company has a higher cost of product (58%)
- Re-rack Limited
58% - Industry AVG
Profitability
an operating margin of 4.6% make it less profitable than the average company (7%)
- Re-rack Limited
7% - Industry AVG
Employees
with 5 employees, this is below the industry average (11)
5 - Re-rack Limited
11 - Industry AVG
Pay Structure
on an average salary of £14.5k, the company has an equivalent pay structure (£14.5k)
- Re-rack Limited
£14.5k - Industry AVG
Efficiency
resulting in sales per employee of £25.1k, this is less efficient (£45.7k)
- Re-rack Limited
£45.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Re-rack Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (50 days)
- Re-rack Limited
50 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Re-rack Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Re-rack Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Re-rack Limited
- - Industry AVG
RE-RACK LIMITED financials
Re-Rack Limited's latest turnover from March 2023 is estimated at £125.5 thousand and the company has net assets of -£1.2 thousand. According to their latest financial statements, Re-Rack Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 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 | 5 | 5 | 5 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 14,106 | 15,869 | 17,632 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 14,106 | 15,869 | 17,632 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 6,378 | 6,384 | 1,800 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 0 | 6,378 | 6,384 | 1,800 |
| total assets | 0 | 20,484 | 22,253 | 19,432 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,226 | 26,343 | 21,448 | 19,781 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 1,226 | 26,343 | 21,448 | 19,781 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 1,226 | 26,343 | 21,448 | 19,781 |
| net assets | -1,226 | -5,859 | 805 | -349 |
| total shareholders funds | -1,226 | -5,859 | 805 | -349 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -6,378 | -6 | 4,584 | 1,800 |
| Creditors | -25,117 | 4,895 | 1,667 | 19,781 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
re-rack limited Credit Report and Business Information
Re-rack Limited Competitor Analysis
Perform a competitor analysis for re-rack limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in HR6 area or any other competitors across 12 key performance metrics.
re-rack limited Ownership
RE-RACK LIMITED group structure
Re-Rack Limited has no subsidiary companies.
Ultimate parent company
RE-RACK LIMITED
12282895
re-rack limited directors
Re-Rack Limited currently has 2 directors. The longest serving directors include Mr George Bedford (Oct 2019) and Mr Andrew Tither (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr George Bedford | England | 26 years | Oct 2019 | - | Director |
| Mr Andrew Tither | England | 61 years | Jan 2020 | - | Director |
P&L
March 2023turnover
125.5k
+87%
operating profit
5.7k
0%
gross margin
41.6%
+13.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.2k
-0.79%
total assets
0
-1%
cash
0
0%
net assets
Total assets minus all liabilities
re-rack limited company details
company number
12282895
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
October 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
1 corn square, leominster, HR6 8LR
Bank
-
Legal Advisor
-
re-rack 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 re-rack limited.
re-rack limited Companies House Filings - See Documents
| date | description | view/download |
|---|
