red b ltd
red b ltd Company Information
Company Number
12837598
Next Accounts
Dec 2025
Industry
Hotels and similar accommodation
Wholesale of wine, beer, spirits and other alcoholic beverages
Directors
Shareholders
philip welbourn
jane lisa welbourn
Group Structure
View All
Contact
Registered Address
4 broadgate, broadway business park, oldham, OL9 9XA
Website
redandblackgroup.co.ukred b ltd Estimated Valuation
Pomanda estimates the enterprise value of RED B LTD at £704.9k based on a Turnover of £1.1m and 0.66x industry multiple (adjusted for size and gross margin).
red b ltd Estimated Valuation
Pomanda estimates the enterprise value of RED B LTD at £276.9k based on an EBITDA of £79.6k and a 3.48x industry multiple (adjusted for size and gross margin).
red b ltd Estimated Valuation
Pomanda estimates the enterprise value of RED B LTD at £429.6k based on Net Assets of £200.2k and 2.15x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Red B Ltd Overview
Red B Ltd is a live company located in oldham, OL9 9XA with a Companies House number of 12837598. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in August 2020, it's largest shareholder is philip welbourn with a 80% stake. Red B Ltd is a startup, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Red B Ltd Health Check
Pomanda's financial health check has awarded Red B 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
2 Regular
4 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£10.4m)
- Red B Ltd
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (15.2%)
- Red B Ltd
15.2% - Industry AVG
Production
with a gross margin of 29.1%, this company has a higher cost of product (46.7%)
- Red B Ltd
46.7% - Industry AVG
Profitability
an operating margin of 7.5% make it more profitable than the average company (5.8%)
- Red B Ltd
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (45)
1 - Red B Ltd
45 - Industry AVG
Pay Structure
on an average salary of £34k, the company has an equivalent pay structure (£34k)
- Red B Ltd
£34k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£252.2k)
- Red B Ltd
£252.2k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (22 days)
- Red B Ltd
22 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is close to average (36 days)
- Red B Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Red B Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Red B Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.3%, this is a lower level of debt than the average (51.7%)
26.3% - Red B Ltd
51.7% - Industry AVG
RED B LTD financials
Red B Ltd's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of £200.2 thousand. According to their latest financial statements, Red B Ltd has 1 employee and maintains cash reserves of 0 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 | 1 | 1 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 271,723 | 250,898 | 361,699 | 35,668 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 271,723 | 250,898 | 361,699 | 35,668 |
| total assets | 271,723 | 250,898 | 361,699 | 35,668 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 71,560 | 110,421 | 275,759 | 15,888 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 71,560 | 110,421 | 275,759 | 15,888 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 71,560 | 110,421 | 275,759 | 15,888 |
| net assets | 200,163 | 140,477 | 85,940 | 19,780 |
| total shareholders funds | 200,163 | 140,477 | 85,940 | 19,780 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 20,825 | -110,801 | 326,031 | 35,668 |
| Creditors | -38,861 | -165,338 | 259,871 | 15,888 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
red b ltd Credit Report and Business Information
Red B Ltd Competitor Analysis
Perform a competitor analysis for red b ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in OL9 area or any other competitors across 12 key performance metrics.
red b ltd Ownership
RED B LTD group structure
Red B Ltd has no subsidiary companies.
Ultimate parent company
RED B LTD
12837598
red b ltd directors
Red B Ltd currently has 1 director, Mr Philip Welbourn serving since Aug 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Welbourn | United Kingdom | 60 years | Aug 2020 | - | Director |
P&L
March 2024turnover
1.1m
+15%
operating profit
79.6k
0%
gross margin
29.2%
+0.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
200.2k
+0.42%
total assets
271.7k
+0.08%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
red b ltd company details
company number
12837598
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
55100 - Hotels and similar accommodation
46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
incorporation date
August 2020
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
4 broadgate, broadway business park, oldham, OL9 9XA
Bank
-
Legal Advisor
-
red b 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 did not find charges/mortgages relating to red b ltd.
red b 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 RED B LTD. This can take several minutes, an email will notify you when this has completed.
red b ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
