Pomanda estimates the enterprise value of RESHIFT LTD at £9.2k based on a Turnover of £16.9k and 0.54x industry multiple (adjusted for size and gross margin).
reshift ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RESHIFT LTD at £0 based on an EBITDA of £-14.6k and a 3.68x industry multiple (adjusted for size and gross margin).
reshift ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of RESHIFT LTD at £0 based on Net Assets of £-27.2k and 2.27x industry multiple (adjusted for liquidity).
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Reshift LtdOverview
Reshift Ltd is a live company located in leeds, LS2 3AA with a Companies House number of 12372747. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in December 2019, it's largest shareholder is
naseef ahammed
with a 100% stake. Reshift Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£16.9k with
declining
growth in recent years.
Pomanda's financial health check has awarded Reshift Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £16.9k, make it smaller than the average company (£3.7m)
£16.9k - Reshift Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (6.9%)
-8% - Reshift Ltd
6.9% - Industry AVG
Production
with a gross margin of 31%, this company has a higher cost of product (56.8%)
31% - Reshift Ltd
56.8% - Industry AVG
Profitability
an operating margin of -86.7% make it less profitable than the average company (3.2%)
-86.7% - Reshift Ltd
3.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (27)
1 - Reshift Ltd
27 - Industry AVG
Pay Structure
on an average salary of £59.9k, the company has an equivalent pay structure (£59.9k)
£59.9k - Reshift Ltd
£59.9k - Industry AVG
Efficiency
resulting in sales per employee of £16.9k, this is less efficient (£161.7k)
£16.9k - Reshift Ltd
£161.7k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (43 days)
1 days - Reshift Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 839 days, this is slower than average (37 days)
839 days - Reshift Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Reshift Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Reshift Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52488.5%, this is a higher level of debt than the average (64.6%)
52488.5% - Reshift Ltd
64.6% - Industry AVG
RESHIFT LTD financials
EXPORT
Reshift Ltd's latest turnover from December 2023 is estimated at £16.9 thousand and the company has net assets of -£27.2 thousand. According to their latest financial statements, we estimate that Reshift Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Turnover
16,870
26,461
21,316
21,596
Other Income Or Grants
Cost Of Sales
11,649
18,381
14,505
14,655
Gross Profit
5,221
8,079
6,811
6,942
Admin Expenses
19,844
19,755
6,736
7,946
Operating Profit
-14,623
-11,676
75
-1,004
Interest Payable
Interest Receivable
Pre-Tax Profit
-14,623
-11,676
75
-1,004
Tax
-14
Profit After Tax
-14,623
-11,676
61
-1,004
Dividends Paid
Retained Profit
-14,623
-11,676
61
-1,004
Employee Costs
59,909
55,651
51,814
48,863
Number Of Employees
1
1
1
1
EBITDA*
-14,623
-11,676
75
-1,004
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
52
263
505
894
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
52
263
505
894
total assets
52
263
505
894
Bank overdraft
Bank loan
Trade Creditors
26,794
12,382
948
1,398
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
26,794
12,382
948
1,398
loans
hp & lease commitments
Accruals and Deferred Income
500
500
500
500
other liabilities
provisions
total long term liabilities
500
500
500
500
total liabilities
27,294
12,882
1,448
1,898
net assets
-27,242
-12,619
-943
-1,004
total shareholders funds
-27,242
-12,619
-943
-1,004
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Operating Activities
Operating Profit
-14,623
-11,676
75
-1,004
Depreciation
Amortisation
Tax
-14
Stock
Debtors
-211
-242
-389
894
Creditors
14,412
11,434
-450
1,398
Accruals and Deferred Income
500
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
reshift ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for reshift ltd. Get real-time insights into reshift ltd's credit score, group structure and payment trends.
Perform a competitor analysis for reshift ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in LS2 area or any other competitors across 12 key performance metrics.
reshift ltd Ownership
RESHIFT LTD group structure
Reshift Ltd has no subsidiary companies.
Ultimate parent company
RESHIFT LTD
12372747
RESHIFT LTD Shareholders
The sole shareholder of Reshift Ltd is Naseef Ahammed.
naseef ahammed
100%
reshift ltd directors
Reshift Ltd currently has 1 director, Mr Naseef Ahammed serving since Dec 2019.
47910 - Retail sale via mail order houses or via Internet
62012 - Business and domestic software development
63110 - Data processing, hosting and related activities
incorporation date
December 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
nexus discovery way, university of leeds, leeds, LS2 3AA
Bank
-
Legal Advisor
-
reshift 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 reshift ltd.
reshift 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.
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reshift ltdCompanies House Filings - See Documents
