redellis (ware) ltd
redellis (ware) ltd Company Information
Company Number
12502216
Next Accounts
182 days late
Directors
Shareholders
martini private ltd
bellis homes (ware) limited
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
the waterscape, 42 leeds & bradford road, leeds, west yorkshire, LS5 3EG
Website
-redellis (ware) ltd Estimated Valuation
Pomanda estimates the enterprise value of REDELLIS (WARE) LTD at £2.2m based on a Turnover of £712.7k and 3.08x industry multiple (adjusted for size and gross margin).
redellis (ware) ltd Estimated Valuation
Pomanda estimates the enterprise value of REDELLIS (WARE) LTD at £0 based on an EBITDA of £-220.1k and a 6.59x industry multiple (adjusted for size and gross margin).
redellis (ware) ltd Estimated Valuation
Pomanda estimates the enterprise value of REDELLIS (WARE) LTD at £0 based on Net Assets of £-620.4k and 1.58x industry multiple (adjusted for liquidity).
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Redellis (ware) Ltd Overview
Redellis (ware) Ltd is a live company located in leeds, LS5 3EG with a Companies House number of 12502216. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2020, it's largest shareholder is martini private ltd with a 64.4% stake. Redellis (ware) Ltd is a young, small sized company, Pomanda has estimated its turnover at £712.7k with unknown growth in recent years.
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Redellis (ware) Ltd Health Check
Pomanda's financial health check has awarded Redellis (Ware) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £712.7k, make it smaller than the average company (£963k)
- Redellis (ware) Ltd
£963k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Redellis (ware) Ltd
- - Industry AVG
Production
with a gross margin of 69.7%, this company has a comparable cost of product (69.7%)
- Redellis (ware) Ltd
69.7% - Industry AVG
Profitability
an operating margin of -30.9% make it less profitable than the average company (42.4%)
- Redellis (ware) Ltd
42.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Redellis (ware) Ltd
4 - Industry AVG
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£38k)
- Redellis (ware) Ltd
£38k - Industry AVG
Efficiency
resulting in sales per employee of £237.6k, this is more efficient (£187.6k)
- Redellis (ware) Ltd
£187.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Redellis (ware) Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 136 days, this is slower than average (35 days)
- Redellis (ware) Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 10454 days, this is more than average (432 days)
- Redellis (ware) Ltd
432 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Redellis (ware) Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 108.9%, this is a higher level of debt than the average (63.7%)
108.9% - Redellis (ware) Ltd
63.7% - Industry AVG
REDELLIS (WARE) LTD financials
Redellis (Ware) Ltd's latest turnover from December 2022 is estimated at £712.7 thousand and the company has net assets of -£620.4 thousand. According to their latest financial statements, Redellis (Ware) Ltd has 3 employees and maintains cash reserves of £649 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 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 | 3 | 4 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | 6,185,032 | 5,531,795 | 5,054,131 |
| Trade Debtors | |||
| Group Debtors | 757,370 | ||
| Misc Debtors | 36,601 | 36,101 | 101 |
| Cash | 649 | 446 | 37,994 |
| misc current assets | |||
| total current assets | 6,979,652 | 5,568,342 | 5,092,226 |
| total assets | 6,979,652 | 5,568,342 | 5,092,226 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 80,763 | 113,778 | 103,805 |
| Group/Directors Accounts | 2,279,374 | 2,739,214 | |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 711,924 | 587,700 | 592,266 |
| total current liabilities | 3,072,061 | 3,440,692 | 696,071 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 4,528,000 | 2,528,000 | 4,397,751 |
| provisions | |||
| total long term liabilities | 4,528,000 | 2,528,000 | 4,397,751 |
| total liabilities | 7,600,061 | 5,968,692 | 5,093,822 |
| net assets | -620,409 | -400,350 | -1,596 |
| total shareholders funds | -620,409 | -400,350 | -1,596 |
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 653,237 | 477,664 | 5,054,131 |
| Debtors | 757,870 | 36,000 | 101 |
| Creditors | -33,015 | 9,973 | 103,805 |
| Accruals and Deferred Income | 124,224 | -4,566 | 592,266 |
| 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 | -459,840 | 2,739,214 | |
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 2,000,000 | -1,869,751 | 4,397,751 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 203 | -37,548 | 37,994 |
| overdraft | |||
| change in cash | 203 | -37,548 | 37,994 |
redellis (ware) ltd Credit Report and Business Information
Redellis (ware) Ltd Competitor Analysis
Perform a competitor analysis for redellis (ware) ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in LS5 area or any other competitors across 12 key performance metrics.
redellis (ware) ltd Ownership
REDELLIS (WARE) LTD group structure
Redellis (Ware) Ltd has no subsidiary companies.
Ultimate parent company
2 parents
REDELLIS (WARE) LTD
12502216
redellis (ware) ltd directors
Redellis (Ware) Ltd currently has 1 director, Mrs Lauren Stephen serving since Aug 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Lauren Stephen | 35 years | Aug 2024 | - | Director |
P&L
December 2022turnover
712.7k
-6%
operating profit
-220.1k
0%
gross margin
69.8%
-0.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-620.4k
+0.55%
total assets
7m
+0.25%
cash
649
+0.46%
net assets
Total assets minus all liabilities
Similar Companies
redellis (ware) ltd company details
company number
12502216
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
March 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
VISION CONSULTING
auditor
-
address
the waterscape, 42 leeds & bradford road, leeds, west yorkshire, LS5 3EG
Bank
-
Legal Advisor
-
redellis (ware) 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 2 charges/mortgages relating to redellis (ware) ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
redellis (ware) 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 REDELLIS (WARE) LTD. This can take several minutes, an email will notify you when this has completed.
redellis (ware) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
