Pomanda estimates the enterprise value of REELSTORE LTD at £49.4k based on a Turnover of £126.8k and 0.39x industry multiple (adjusted for size and gross margin).
reelstore ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of REELSTORE LTD at £0 based on an EBITDA of £-4.7k and a 3.54x industry multiple (adjusted for size and gross margin).
reelstore ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of REELSTORE LTD at £0 based on Net Assets of £-7.4k and 2.8x industry multiple (adjusted for liquidity).
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Reelstore LtdOverview
Reelstore Ltd is a live company located in walthamstow, E17 3GW with a Companies House number of 13024296. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in November 2020, it's largest shareholder is
william humphries
with a 50% stake. Reelstore Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£126.8k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Reelstore Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
5 Weak
Size
annual sales of £126.8k, make it smaller than the average company (£999.1k)
£126.8k - Reelstore Ltd
£999.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Reelstore Ltd
- - Industry AVG
Production
with a gross margin of 43.3%, this company has a comparable cost of product (43.3%)
43.3% - Reelstore Ltd
43.3% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (4.8%)
-3.7% - Reelstore Ltd
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (25)
2 - Reelstore Ltd
25 - Industry AVG
Pay Structure
on an average salary of £19.3k, the company has an equivalent pay structure (£19.3k)
£19.3k - Reelstore Ltd
£19.3k - Industry AVG
Efficiency
resulting in sales per employee of £63.4k, this is less efficient (£90.9k)
£63.4k - Reelstore Ltd
£90.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Reelstore Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Reelstore Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 101 days, this is in line with average (88 days)
101 days - Reelstore Ltd
88 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 53 weeks, this is more cash available to meet short term requirements (23 weeks)
53 weeks - Reelstore Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 134.7%, this is a higher level of debt than the average (68.1%)
134.7% - Reelstore Ltd
68.1% - Industry AVG
REELSTORE LTD financials
EXPORT
Reelstore Ltd's latest turnover from November 2023 is estimated at £126.8 thousand and the company has net assets of -£7.4 thousand. According to their latest financial statements, Reelstore Ltd has 2 employees and maintains cash reserves of £1.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Turnover
126,807
116,890
58,950
Other Income Or Grants
Cost Of Sales
71,878
67,178
35,961
Gross Profit
54,929
49,712
22,990
Admin Expenses
59,600
45,843
27,691
Operating Profit
-4,671
3,869
-4,701
Interest Payable
965
342
Interest Receivable
56
16
Pre-Tax Profit
-5,581
3,543
-4,701
Tax
-673
Profit After Tax
-5,581
2,870
-4,701
Dividends Paid
Retained Profit
-5,581
2,870
-4,701
Employee Costs
38,608
38,052
35,612
Number Of Employees
2
2
2
EBITDA*
-4,671
3,869
-4,701
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
20,000
10,000
4,600
Trade Debtors
Group Debtors
Misc Debtors
Cash
1,346
769
299
misc current assets
total current assets
21,346
10,769
4,899
total assets
21,346
10,769
4,899
Bank overdraft
Bank loan
Trade Creditors
600
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,320
1,200
total current liabilities
1,320
1,200
600
loans
9,561
7,598
hp & lease commitments
Accruals and Deferred Income
other liabilities
17,875
3,800
8,998
provisions
total long term liabilities
27,436
11,398
8,998
total liabilities
28,756
12,598
9,598
net assets
-7,410
-1,829
-4,699
total shareholders funds
-7,410
-1,829
-4,699
Nov 2023
Nov 2022
Nov 2021
Operating Activities
Operating Profit
-4,671
3,869
-4,701
Depreciation
Amortisation
Tax
-673
Stock
10,000
5,400
4,600
Debtors
Creditors
-600
600
Accruals and Deferred Income
120
1,200
Deferred Taxes & Provisions
Cash flow from operations
-14,551
-1,604
-8,701
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
1,963
7,598
Hire Purchase and Lease Commitments
other long term liabilities
14,075
-5,198
8,998
share issue
2
interest
-909
-326
cash flow from financing
15,129
2,074
9,000
cash and cash equivalents
cash
577
470
299
overdraft
change in cash
577
470
299
reelstore ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for reelstore ltd. Get real-time insights into reelstore ltd's credit score, group structure and payment trends.
Perform a competitor analysis for reelstore ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in E17 area or any other competitors across 12 key performance metrics.
reelstore ltd Ownership
REELSTORE LTD group structure
Reelstore Ltd has no subsidiary companies.
Ultimate parent company
REELSTORE LTD
13024296
REELSTORE LTD Shareholders
The largest shareholders in Reelstore Ltd include William Humphries and Oliver Ali.
william humphries
50%
oliver ali
50%
reelstore ltd directors
Reelstore Ltd currently has 2 directors.
The longest serving directors include
Mr William Humphries (Nov 2020) and
Mr Oliver Ali (Nov 2020).
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 reelstore ltd.
reelstore 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.
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reelstore ltdCompanies House Filings - See Documents
