r2r letting limited
r2r letting limited Company Information
Company Number
12808535
Next Accounts
May 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
rajvinder kaur kang
Group Structure
View All
Contact
Registered Address
office 1, 21 hatherton street, walsall, WS4 2LA
Website
-r2r letting limited Estimated Valuation
Pomanda estimates the enterprise value of R2R LETTING LIMITED at £1.2m based on a Turnover of £357.5k and 3.42x industry multiple (adjusted for size and gross margin).
r2r letting limited Estimated Valuation
Pomanda estimates the enterprise value of R2R LETTING LIMITED at £99.6k based on an EBITDA of £14.1k and a 7.05x industry multiple (adjusted for size and gross margin).
r2r letting limited Estimated Valuation
Pomanda estimates the enterprise value of R2R LETTING LIMITED at £4.6k based on Net Assets of £2.7k and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
R2r Letting Limited Overview
R2r Letting Limited is a live company located in walsall, WS4 2LA with a Companies House number of 12808535. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2020, it's largest shareholder is rajvinder kaur kang with a 100% stake. R2r Letting Limited is a startup, micro sized company, Pomanda has estimated its turnover at £357.5k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
R2r Letting Limited Health Check
Pomanda's financial health check has awarded R2R Letting Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
5 Weak
Size
annual sales of £357.5k, make it smaller than the average company (£832.4k)
- R2r Letting Limited
£832.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- R2r Letting Limited
- - Industry AVG
Production
with a gross margin of 72.4%, this company has a comparable cost of product (72.4%)
- R2r Letting Limited
72.4% - Industry AVG
Profitability
an operating margin of 4% make it less profitable than the average company (28.2%)
- R2r Letting Limited
28.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - R2r Letting Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- R2r Letting Limited
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £178.8k, this is equally as efficient (£178.8k)
- R2r Letting Limited
£178.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- R2r Letting Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- R2r Letting Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- R2r Letting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (14 weeks)
7 weeks - R2r Letting Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (68.3%)
98.1% - R2r Letting Limited
68.3% - Industry AVG
R2R LETTING LIMITED financials
R2R Letting Limited's latest turnover from August 2023 is estimated at £357.5 thousand and the company has net assets of £2.7 thousand. According to their latest financial statements, R2R Letting Limited has 2 employees and maintains cash reserves of £5.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 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 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 131,146 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 131,146 | 131,146 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 131,146 | 131,146 | 131,146 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 5,823 | 2,472 | 100 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 5,823 | 2,472 | 100 |
| total assets | 136,969 | 133,618 | 131,246 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 |
| Group/Directors Accounts | 38,925 | 38,955 | 36,664 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 901 | 300 | 0 |
| total current liabilities | 39,826 | 39,255 | 36,664 |
| loans | 94,482 | 94,482 | 94,482 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 94,482 | 94,482 | 94,482 |
| total liabilities | 134,308 | 133,737 | 131,146 |
| net assets | 2,661 | -119 | 100 |
| total shareholders funds | 2,661 | -119 | 100 |
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 |
| Accruals and Deferred Income | 601 | 300 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 131,146 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | -30 | 2,291 | 36,664 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 94,482 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 3,351 | 2,372 | 100 |
| overdraft | 0 | 0 | 0 |
| change in cash | 3,351 | 2,372 | 100 |
r2r letting limited Credit Report and Business Information
R2r Letting Limited Competitor Analysis
Perform a competitor analysis for r2r letting limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WS4 area or any other competitors across 12 key performance metrics.
r2r letting limited Ownership
R2R LETTING LIMITED group structure
R2R Letting Limited has no subsidiary companies.
Ultimate parent company
R2R LETTING LIMITED
12808535
r2r letting limited directors
R2R Letting Limited currently has 2 directors. The longest serving directors include Mr Raminder Sidhu (Aug 2020) and Mrs Rajvinder Kang (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Raminder Sidhu | United Kingdom | 39 years | Aug 2020 | - | Director |
| Mrs Rajvinder Kang | England | 37 years | Aug 2020 | - | Director |
P&L
August 2023turnover
357.5k
+13%
operating profit
14.1k
0%
gross margin
72.4%
+0.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
2.7k
-23.36%
total assets
137k
+0.03%
cash
5.8k
+1.36%
net assets
Total assets minus all liabilities
Similar Companies
r2r letting limited company details
company number
12808535
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
August 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
office 1, 21 hatherton street, walsall, WS4 2LA
Bank
-
Legal Advisor
-
r2r letting 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 found 2 charges/mortgages relating to r2r letting limited. Currently there are 1 open charges and 1 have been satisfied in the past.
r2r letting 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.
Click to start generating capital raising & share issue transactions for R2R LETTING LIMITED. This can take several minutes, an email will notify you when this has completed.
r2r letting limited Companies House Filings - See Documents
| date | description | view/download |
|---|
