
Company Number
12594515
Next Accounts
Feb 2026
Shareholders
cleveland company holdings limited
Group Structure
View All
Industry
Other information service activities n.e.c.
Registered Address
c/o greystone swan, royal quays business centre, newcastle upon tyne, NE29 6DE
Website
-Pomanda estimates the enterprise value of REDUCE MY COSTS LIMITED at £0 based on a Turnover of £0 and 0.81x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of REDUCE MY COSTS LIMITED at £0 based on an EBITDA of £-7 and a 4.53x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of REDUCE MY COSTS LIMITED at £338 based on Net Assets of £150 and 2.26x industry multiple (adjusted for liquidity).
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Reduce My Costs Limited is a live company located in newcastle upon tyne, NE29 6DE with a Companies House number of 12594515. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in May 2020, it's largest shareholder is cleveland company holdings limited with a 100% stake. Reduce My Costs Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
There is insufficient data available to calculate a health check for Reduce My Costs Limited. Company Health Check FAQs
0 Strong
0 Regular
0 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- Reduce My Costs Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Reduce My Costs Limited's latest turnover from May 2024 is estimated at 0 and the company has net assets of £150. According to their latest financial statements, we estimate that Reduce My Costs Limited has no employees and maintains cash reserves of £150 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2024 | May 2023 | May 2022 | May 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 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024 | May 2023 | May 2022 | May 2021 | |
---|---|---|---|---|
Tangible Assets | ||||
Intangible Assets | ||||
Investments & Other | ||||
Debtors (Due After 1 year) | ||||
Total Fixed Assets | ||||
Stock & work in progress | ||||
Trade Debtors | ||||
Group Debtors | ||||
Misc Debtors | ||||
Cash | 150 | 140 | 140 | 140 |
misc current assets | ||||
total current assets | 150 | 140 | 140 | 140 |
total assets | 150 | 140 | 140 | 140 |
Bank overdraft | ||||
Bank loan | ||||
Trade Creditors | ||||
Group/Directors Accounts | ||||
other short term finances | ||||
hp & lease commitments | ||||
other current liabilities | ||||
total current liabilities | ||||
loans | ||||
hp & lease commitments | ||||
Accruals and Deferred Income | ||||
other liabilities | ||||
provisions | ||||
total long term liabilities | ||||
total liabilities | ||||
net assets | 150 | 140 | 140 | 140 |
total shareholders funds | 150 | 140 | 140 | 140 |
May 2024 | May 2023 | May 2022 | May 2021 | |
---|---|---|---|---|
Operating Activities | ||||
Operating Profit | ||||
Depreciation | ||||
Amortisation | ||||
Tax | ||||
Stock | ||||
Debtors | ||||
Creditors | ||||
Accruals and Deferred Income | ||||
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 | 10 | 140 | ||
overdraft | ||||
change in cash | 10 | 140 |
Perform a competitor analysis for reduce my costs limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other young companies, companies in NE29 area or any other competitors across 12 key performance metrics.
REDUCE MY COSTS LIMITED group structure
Reduce My Costs Limited has no subsidiary companies.
Ultimate parent company
1 parent
REDUCE MY COSTS LIMITED
12594515
Reduce My Costs Limited currently has 2 directors. The longest serving directors include Mr Gerard Harford (May 2020) and Mr Stephen Harford (May 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gerard Harford | United Kingdom | 29 years | May 2020 | - | Director |
Mr Stephen Harford | United Kingdom | 64 years | May 2024 | - | Director |
P&L
May 2024turnover
0
0%
operating profit
-7.6
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
150
+0.07%
total assets
150
+0.07%
cash
150
+0.07%
net assets
Total assets minus all liabilities
Similar Companies
company number
12594515
Type
Private limited with Share Capital
industry
63990 - Other information service activities n.e.c.
incorporation date
May 2020
age
5
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
c/o greystone swan, royal quays business centre, newcastle upon tyne, NE29 6DE
Bank
-
Legal Advisor
-
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 reduce my costs limited.
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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