respired limited

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respired limited Company Information

Share RESPIRED LIMITED

Company Number

12586496

Shareholders

frederik hendriksen

christian hendriksen

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Group Structure

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Industry

Non-specialised wholesale trade

 

Registered Address

296-302, lincoln house, 6th floor, london, WC1V 7JH

Website

-

respired limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of RESPIRED LIMITED at £1.6m based on a Turnover of £4.8m and 0.35x industry multiple (adjusted for size and gross margin).

respired limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RESPIRED LIMITED at £0 based on an EBITDA of £-1.9m and a 4.3x industry multiple (adjusted for size and gross margin).

respired limited Estimated Valuation

£27.6m

Pomanda estimates the enterprise value of RESPIRED LIMITED at £27.6m based on Net Assets of £10.5m and 2.62x industry multiple (adjusted for liquidity).

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Respired Limited Overview

Respired Limited is a live company located in london, WC1V 7JH with a Companies House number of 12586496. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in May 2020, it's largest shareholder is frederik hendriksen with a 27.6% stake. Respired Limited is a young, small sized company, Pomanda has estimated its turnover at £4.8m with rapid growth in recent years.

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Respired Limited Health Check

Pomanda's financial health check has awarded Respired Limited a 4.5 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

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £4.8m, make it smaller than the average company (£16.1m)

£4.8m - Respired Limited

£16.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 71%, show it is growing at a faster rate (6.3%)

71% - Respired Limited

6.3% - Industry AVG

production

Production

with a gross margin of 27.6%, this company has a comparable cost of product (27.6%)

27.6% - Respired Limited

27.6% - Industry AVG

profitability

Profitability

an operating margin of -47.8% make it less profitable than the average company (5.1%)

-47.8% - Respired Limited

5.1% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (41)

11 - Respired Limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.4k, the company has an equivalent pay structure (£44.4k)

£44.4k - Respired Limited

£44.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £432.5k, this is equally as efficient (£376.3k)

£432.5k - Respired Limited

£376.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (51 days)

3 days - Respired Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (31 days)

14 days - Respired Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 528 days, this is more than average (78 days)

528 days - Respired Limited

78 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 176 weeks, this is more cash available to meet short term requirements (14 weeks)

176 weeks - Respired Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.7%, this is a lower level of debt than the average (47.4%)

2.7% - Respired Limited

47.4% - Industry AVG

RESPIRED LIMITED financials

EXPORTms excel logo

Respired Limited's latest turnover from December 2023 is estimated at £4.8 million and the company has net assets of £10.5 million. According to their latest financial statements, Respired Limited has 11 employees and maintains cash reserves of £1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020
Turnover4,757,7605,848,5953,999,011958,674
Other Income Or Grants
Cost Of Sales3,447,2214,224,6802,897,440698,699
Gross Profit1,310,5381,623,9161,101,571259,975
Admin Expenses3,582,6553,490,116-814,942-75,900
Operating Profit-2,272,117-1,866,2001,916,513335,875
Interest Payable3
Interest Receivable49,54630,9341,14413
Pre-Tax Profit-2,222,575-1,835,2661,917,657335,888
Tax-364,355-63,819
Profit After Tax-2,222,575-1,835,2661,553,302272,069
Dividends Paid
Retained Profit-2,222,575-1,835,2661,553,302272,069
Employee Costs488,125883,866483,195113,241
Number Of Employees1121123
EBITDA*-1,914,817-1,646,4331,918,801336,692

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020
Tangible Assets181,174170,424
Intangible Assets4,414,5134,228,52050,6039,706
Investments & Other44,983
Debtors (Due After 1 year)
Total Fixed Assets4,595,6874,398,94450,60354,689
Stock & work in progress4,995,1545,297,1581,984,604
Trade Debtors51,74585,127580,520
Group Debtors516,264
Misc Debtors195,275512,422229,169207,252
Cash1,008,863878,594889,08226,187
misc current assets
total current assets6,251,0376,773,3013,683,375749,703
total assets10,846,72411,172,2453,733,978804,392
Bank overdraft58
Bank loan
Trade Creditors 138,394173,560135,709
Group/Directors Accounts171,385
other short term finances
hp & lease commitments
other current liabilities158,3381,086,8851,251,70674,106
total current liabilities296,7901,260,4451,387,415245,491
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities296,7901,260,4451,387,415245,491
net assets10,549,9349,911,8002,346,563558,901
total shareholders funds10,549,9349,911,8002,346,563558,901
Dec 2023Dec 2022Dec 2021Dec 2020
Operating Activities
Operating Profit-2,272,117-1,866,2001,916,513335,875
Depreciation5,668
Amortisation357,300214,0992,288817
Tax-364,355-63,819
Stock-302,0043,312,5541,984,604
Debtors-350,529-212,14086,173723,516
Creditors-35,16637,851135,709
Accruals and Deferred Income-928,547-164,8211,177,60074,106
Deferred Taxes & Provisions
Cash flow from operations-2,225,997-4,873,817796,978-376,537
Investing Activities
capital expenditure-554,043-4,568,108-43,185-10,523
Change in Investments-44,98344,983
cash flow from investments-554,043-4,568,1081,798-55,506
Financing Activities
Bank loans
Group/Directors Accounts-171,385171,385
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2,860,7099,400,503234,360286,832
interest49,54330,9341,14413
cash flow from financing2,910,2529,431,43764,119458,230
cash and cash equivalents
cash130,269-10,488862,89526,187
overdraft58
change in cash130,211-10,488862,89526,187

respired limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Respired Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for respired limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WC1V area or any other competitors across 12 key performance metrics.

respired limited Ownership

RESPIRED LIMITED group structure

Respired Limited has no subsidiary companies.

Ultimate parent company

RESPIRED LIMITED

12586496

RESPIRED LIMITED Shareholders

frederik hendriksen 27.63%
christian hendriksen 27.63%
hoxton ventures llp a/c hviiilp 14.61%
airlabs holdings limited 14.34%
windswept mt llc 2.15%
edward james ballsdon 1.61%
wni llc 1.46%
the schwartzberg companies of ny llc 0.99%
keng fong fok 0.89%
cheng man fok 0.89%

respired limited directors

Respired Limited currently has 5 directors. The longest serving directors include Mr Christian Hendriksen (May 2020) and Mr Frederik Hendriksen (Nov 2020).

officercountryagestartendrole
Mr Christian HendriksenUnited Kingdom34 years May 2020- Director
Mr Frederik HendriksenUnited Kingdom34 years Nov 2020- Director
Mr Hussein KanjiEngland48 years May 2022- Director
Mr William KourakosUnited Kingdom70 years May 2022- Director
Mr Mark KendallUnited Kingdom63 years Feb 2025- Director

P&L

December 2023

turnover

4.8m

-19%

operating profit

-2.3m

0%

gross margin

27.6%

-0.79%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

10.5m

+0.06%

total assets

10.8m

-0.03%

cash

1m

+0.15%

net assets

Total assets minus all liabilities

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respired limited company details

company number

12586496

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

May 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

COOPER PARRY GROUP LIMITED

auditor

-

address

296-302, lincoln house, 6th floor, london, WC1V 7JH

Bank

-

Legal Advisor

-

respired 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 respired limited.

respired 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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respired limited Companies House Filings - See Documents

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