rengen paintworks riverside limited
rengen paintworks riverside limited Company Information
Company Number
12949152
Website
http://iesis.netRegistered Address
92 redcliff street, bristol, BS1 6LU
Industry
Buying and selling of own real estate
Telephone
01179227039
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
iesis limited 50%
rubicon capital ef limited 25%
View Allrengen paintworks riverside limited Estimated Valuation
Pomanda estimates the enterprise value of RENGEN PAINTWORKS RIVERSIDE LIMITED at £906k based on a Turnover of £371.1k and 2.44x industry multiple (adjusted for size and gross margin).
rengen paintworks riverside limited Estimated Valuation
Pomanda estimates the enterprise value of RENGEN PAINTWORKS RIVERSIDE LIMITED at £642k based on an EBITDA of £107k and a 6x industry multiple (adjusted for size and gross margin).
rengen paintworks riverside limited Estimated Valuation
Pomanda estimates the enterprise value of RENGEN PAINTWORKS RIVERSIDE LIMITED at £0 based on Net Assets of £-3.3k and 1.45x industry multiple (adjusted for liquidity).
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Rengen Paintworks Riverside Limited Overview
Rengen Paintworks Riverside Limited is a live company located in bristol, BS1 6LU with a Companies House number of 12949152. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2020, it's largest shareholder is iesis limited with a 50% stake. Rengen Paintworks Riverside Limited is a startup, micro sized company, Pomanda has estimated its turnover at £371.1k with unknown growth in recent years.
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Rengen Paintworks Riverside Limited Health Check
Pomanda's financial health check has awarded Rengen Paintworks Riverside Limited a 1.5 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
4 Regular
5 Weak
Size
annual sales of £371.1k, make it smaller than the average company (£899.4k)
- Rengen Paintworks Riverside Limited
£899.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rengen Paintworks Riverside Limited
- - Industry AVG
Production
with a gross margin of 69.3%, this company has a comparable cost of product (69.3%)
- Rengen Paintworks Riverside Limited
69.3% - Industry AVG
Profitability
an operating margin of 28.8% make it as profitable than the average company (26.2%)
- Rengen Paintworks Riverside Limited
26.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Rengen Paintworks Riverside Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Rengen Paintworks Riverside Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £185.6k, this is equally as efficient (£191k)
- Rengen Paintworks Riverside Limited
£191k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Rengen Paintworks Riverside Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Rengen Paintworks Riverside Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 4109 days, this is more than average (386 days)
- Rengen Paintworks Riverside Limited
386 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 - Rengen Paintworks Riverside Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.3%, this is a higher level of debt than the average (64.1%)
100.3% - Rengen Paintworks Riverside Limited
64.1% - Industry AVG
RENGEN PAINTWORKS RIVERSIDE LIMITED financials
Rengen Paintworks Riverside Limited's latest turnover from July 2023 is estimated at £371.1 thousand and the company has net assets of -£3.3 thousand. According to their latest financial statements, we estimate that Rengen Paintworks Riverside Limited has 2 employees and maintains cash reserves of £3.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 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
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 248,349 | 420 |
| Total Fixed Assets | 0 | 248,349 | 420 |
| Stock & work in progress | 1,281,742 | 552,782 | 444,504 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 44,906 |
| Misc Debtors | 1,183 | 1,586 | 0 |
| Cash | 3,775 | 8,050 | 82,850 |
| misc current assets | 0 | 0 | 1 |
| total current assets | 1,286,700 | 562,418 | 572,261 |
| total assets | 1,286,700 | 810,767 | 572,681 |
| Bank overdraft | 925,389 | 502,151 | 291,339 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 |
| Group/Directors Accounts | 26,864 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 64,970 | 37,948 | 9,576 |
| total current liabilities | 1,017,223 | 540,099 | 300,915 |
| loans | 272,825 | 272,825 | 272,826 |
| 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 | 272,825 | 272,825 | 272,826 |
| total liabilities | 1,290,048 | 812,924 | 573,741 |
| net assets | -3,348 | -2,157 | -1,060 |
| total shareholders funds | -3,348 | -2,157 | -1,060 |
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 728,960 | 108,278 | 444,504 |
| Debtors | -248,752 | 204,609 | 45,326 |
| Creditors | 0 | 0 | 0 |
| Accruals and Deferred Income | 27,022 | 28,372 | 9,576 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 26,864 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | -1 | 272,826 |
| 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 | -4,275 | -74,800 | 82,850 |
| overdraft | 423,238 | 210,812 | 291,339 |
| change in cash | -427,513 | -285,612 | -208,489 |
rengen paintworks riverside limited Credit Report and Business Information
Rengen Paintworks Riverside Limited Competitor Analysis
Perform a competitor analysis for rengen paintworks riverside limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BS1 area or any other competitors across 12 key performance metrics.
rengen paintworks riverside limited Ownership
RENGEN PAINTWORKS RIVERSIDE LIMITED group structure
Rengen Paintworks Riverside Limited has no subsidiary companies.
rengen paintworks riverside limited directors
Rengen Paintworks Riverside Limited currently has 2 directors. The longest serving directors include Mr Robert Lewis (Oct 2020) and Mr Kier Chastney (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Lewis | England | 52 years | Oct 2020 | - | Director |
| Mr Kier Chastney | United Kingdom | 39 years | Apr 2021 | - | Director |
P&L
July 2023turnover
371.1k
+170%
operating profit
107k
0%
gross margin
69.4%
+2.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-3.3k
+0.55%
total assets
1.3m
+0.59%
cash
3.8k
-0.53%
net assets
Total assets minus all liabilities
Similar Companies
rengen paintworks riverside limited company details
company number
12949152
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
October 2020
age
4
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
92 redcliff street, bristol, BS1 6LU
accountant
-
auditor
-
rengen paintworks riverside 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 rengen paintworks riverside limited. Currently there are 2 open charges and 0 have been satisfied in the past.
rengen paintworks riverside limited Companies House Filings - See Documents
| date | description | view/download |
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