reddico digital ltd
reddico digital ltd Company Information
Company Number
12478393
Next Accounts
Dec 2025
Shareholders
reddico ltd
web marketing group limited
Group Structure
View All
Industry
Advertising agencies
Registered Address
avalon oxford road, bournemouth, BH8 8EZ
Website
reddico.co.ukreddico digital ltd Estimated Valuation
Pomanda estimates the enterprise value of REDDICO DIGITAL LTD at £1.6m based on a Turnover of £3.4m and 0.48x industry multiple (adjusted for size and gross margin).
reddico digital ltd Estimated Valuation
Pomanda estimates the enterprise value of REDDICO DIGITAL LTD at £1.7m based on an EBITDA of £562.9k and a 3.11x industry multiple (adjusted for size and gross margin).
reddico digital ltd Estimated Valuation
Pomanda estimates the enterprise value of REDDICO DIGITAL LTD at £1.9m based on Net Assets of £1m and 1.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Reddico Digital Ltd Overview
Reddico Digital Ltd is a live company located in bournemouth, BH8 8EZ with a Companies House number of 12478393. It operates in the advertising agencies sector, SIC Code 73110. Founded in February 2020, it's largest shareholder is reddico ltd with a 71.4% stake. Reddico Digital Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.4m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Reddico Digital Ltd Health Check
Pomanda's financial health check has awarded Reddico Digital Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £3.4m, make it smaller than the average company (£7.1m)
- Reddico Digital Ltd
£7.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (9.3%)
- Reddico Digital Ltd
9.3% - Industry AVG
Production
with a gross margin of 42.4%, this company has a comparable cost of product (42.4%)
- Reddico Digital Ltd
42.4% - Industry AVG
Profitability
an operating margin of 16.5% make it more profitable than the average company (4.8%)
- Reddico Digital Ltd
4.8% - Industry AVG
Employees
with 39 employees, this is similar to the industry average (34)
39 - Reddico Digital Ltd
34 - Industry AVG
Pay Structure
on an average salary of £63.3k, the company has an equivalent pay structure (£63.3k)
- Reddico Digital Ltd
£63.3k - Industry AVG
Efficiency
resulting in sales per employee of £87.4k, this is less efficient (£177.4k)
- Reddico Digital Ltd
£177.4k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is earlier than average (54 days)
- Reddico Digital Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (43 days)
- Reddico Digital Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reddico Digital Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (16 weeks)
34 weeks - Reddico Digital Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.2%, this is a lower level of debt than the average (65.5%)
35.2% - Reddico Digital Ltd
65.5% - Industry AVG
REDDICO DIGITAL LTD financials
Reddico Digital Ltd's latest turnover from March 2024 is estimated at £3.4 million and the company has net assets of £1 million. According to their latest financial statements, Reddico Digital Ltd has 39 employees and maintains cash reserves of £376.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| 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 | 39 | 39 | 35 | 28 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 5,416 | 8,821 | ||
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | 1,071 | |||
| Total Fixed Assets | 1,071 | 5,416 | 8,821 | |
| Stock & work in progress | ||||
| Trade Debtors | 352,572 | 402,137 | 419,425 | 555,177 |
| Group Debtors | 804,640 | 6,720 | 21,420 | |
| Misc Debtors | 83,092 | 115,607 | 68,123 | 57,717 |
| Cash | 376,801 | 755,522 | 836,131 | 1,132,958 |
| misc current assets | ||||
| total current assets | 1,617,105 | 1,279,986 | 1,345,099 | 1,745,852 |
| total assets | 1,618,176 | 1,279,986 | 1,350,515 | 1,754,673 |
| Bank overdraft | ||||
| Bank loan | 50,000 | |||
| Trade Creditors | 57,338 | 69,743 | 38,597 | 44,645 |
| Group/Directors Accounts | 6,742 | 13,929 | 1,853 | 321,387 |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 504,965 | 591,650 | 695,071 | 595,829 |
| total current liabilities | 569,045 | 675,322 | 735,521 | 1,011,861 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 1,354 | 4,298 | ||
| total long term liabilities | 1,354 | 4,298 | ||
| total liabilities | 569,045 | 675,322 | 736,875 | 1,016,159 |
| net assets | 1,049,131 | 604,664 | 613,640 | 738,514 |
| total shareholders funds | 1,049,131 | 604,664 | 613,640 | 738,514 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 4,902 | 3,405 | 1,498 | |
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 716,911 | 15,496 | -103,926 | 612,894 |
| Creditors | -12,405 | 31,146 | -6,048 | 44,645 |
| Accruals and Deferred Income | -86,685 | -103,421 | 99,242 | 595,829 |
| Deferred Taxes & Provisions | -1,354 | -2,944 | 4,298 | |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | -50,000 | 50,000 | ||
| Group/Directors Accounts | -7,187 | 12,076 | -319,534 | 321,387 |
| 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 | -378,721 | -80,609 | -296,827 | 1,132,958 |
| overdraft | ||||
| change in cash | -378,721 | -80,609 | -296,827 | 1,132,958 |
reddico digital ltd Credit Report and Business Information
Reddico Digital Ltd Competitor Analysis
Perform a competitor analysis for reddico digital ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BH8 area or any other competitors across 12 key performance metrics.
reddico digital ltd Ownership
REDDICO DIGITAL LTD group structure
Reddico Digital Ltd has no subsidiary companies.
Ultimate parent company
STANDBYCO 21 BV
#0125527
2 parents
REDDICO DIGITAL LTD
12478393
reddico digital ltd directors
Reddico Digital Ltd currently has 2 directors. The longest serving directors include Mr Anthony Hill (Nov 2021) and Mr Jonathan Russell (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Hill | England | 56 years | Nov 2021 | - | Director |
| Mr Jonathan Russell | England | 56 years | Nov 2021 | - | Director |
P&L
March 2024turnover
3.4m
-1%
operating profit
562.9k
0%
gross margin
42.4%
-1.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1m
+0.74%
total assets
1.6m
+0.26%
cash
376.8k
-0.5%
net assets
Total assets minus all liabilities
Similar Companies
reddico digital ltd company details
company number
12478393
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
incorporation date
February 2020
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
AZETS AUDIT SERVICES
auditor
-
address
avalon oxford road, bournemouth, BH8 8EZ
Bank
-
Legal Advisor
-
reddico digital 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 found 4 charges/mortgages relating to reddico digital ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
reddico digital 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.
Click to start generating capital raising & share issue transactions for REDDICO DIGITAL LTD. This can take several minutes, an email will notify you when this has completed.
reddico digital ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
