ren communications ltd

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ren communications ltd Company Information

Share REN COMMUNICATIONS LTD

Company Number

13046477

Shareholders

alastair lousy

anatole sloan

Group Structure

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Industry

Advertising agencies

 +1

Registered Address

9 five mile drive, oxford, OX2 8HT

Website

-

ren communications ltd Estimated Valuation

£120.8k

Pomanda estimates the enterprise value of REN COMMUNICATIONS LTD at £120.8k based on a Turnover of £263.4k and 0.46x industry multiple (adjusted for size and gross margin).

ren communications ltd Estimated Valuation

£138k

Pomanda estimates the enterprise value of REN COMMUNICATIONS LTD at £138k based on an EBITDA of £51.2k and a 2.7x industry multiple (adjusted for size and gross margin).

ren communications ltd Estimated Valuation

£3.3k

Pomanda estimates the enterprise value of REN COMMUNICATIONS LTD at £3.3k based on Net Assets of £2.1k and 1.54x industry multiple (adjusted for liquidity).

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Ren Communications Ltd Overview

Ren Communications Ltd is a live company located in oxford, OX2 8HT with a Companies House number of 13046477. It operates in the advertising agencies sector, SIC Code 73110. Founded in November 2020, it's largest shareholder is alastair lousy with a 55% stake. Ren Communications Ltd is a young, micro sized company, Pomanda has estimated its turnover at £263.4k with unknown growth in recent years.

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Ren Communications Ltd Health Check

Pomanda's financial health check has awarded Ren Communications Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £263.4k, make it smaller than the average company (£5.1m)

£263.4k - Ren Communications Ltd

£5.1m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Ren Communications Ltd

- - Industry AVG

production

Production

with a gross margin of 49.6%, this company has a comparable cost of product (49.6%)

49.6% - Ren Communications Ltd

49.6% - Industry AVG

profitability

Profitability

an operating margin of 19.4% make it more profitable than the average company (7%)

19.4% - Ren Communications Ltd

7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (23)

2 - Ren Communications Ltd

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)

£47.9k - Ren Communications Ltd

£47.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £131.7k, this is equally as efficient (£131.7k)

£131.7k - Ren Communications Ltd

£131.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Ren Communications Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Ren Communications Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ren Communications Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 128 weeks, this is more cash available to meet short term requirements (16 weeks)

128 weeks - Ren Communications Ltd

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.5%, this is a lower level of debt than the average (65.7%)

40.5% - Ren Communications Ltd

65.7% - Industry AVG

REN COMMUNICATIONS LTD financials

EXPORTms excel logo

Ren Communications Ltd's latest turnover from December 2023 is estimated at £263.4 thousand and the company has net assets of £2.1 thousand. According to their latest financial statements, Ren Communications Ltd has 2 employees and maintains cash reserves of £3.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021
Turnover263,437326,145277,539
Other Income Or Grants000
Cost Of Sales132,903168,966150,679
Gross Profit130,534157,179126,860
Admin Expenses79,382189,902132,776
Operating Profit51,152-32,723-5,916
Interest Payable000
Interest Receivable8621,59277
Pre-Tax Profit52,015-31,131-5,839
Tax-13,00400
Profit After Tax39,011-31,131-5,839
Dividends Paid000
Retained Profit39,011-31,131-5,839
Employee Costs95,86999,885105,117
Number Of Employees222
EBITDA*51,152-32,723-5,916

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021
Tangible Assets000
Intangible Assets000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets000
Stock & work in progress000
Trade Debtors047,7320
Group Debtors000
Misc Debtors000
Cash3,59729,24861,704
misc current assets000
total current assets3,59776,98061,704
total assets3,59776,98061,704
Bank overdraft000
Bank loan000
Trade Creditors 0112,94166,534
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities1,456909909
total current liabilities1,456113,85067,443
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions000
total long term liabilities000
total liabilities1,456113,85067,443
net assets2,141-36,870-5,739
total shareholders funds2,141-36,870-5,739
Dec 2023Dec 2022Dec 2021
Operating Activities
Operating Profit51,152-32,723-5,916
Depreciation000
Amortisation000
Tax-13,00400
Stock000
Debtors-47,73247,7320
Creditors-112,94146,40766,534
Accruals and Deferred Income5470909
Deferred Taxes & Provisions000
Cash flow from operations-26,514-34,04861,527
Investing Activities
capital expenditure000
Change in Investments000
cash flow from investments000
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue00100
interest8621,59277
cash flow from financing8621,592177
cash and cash equivalents
cash-25,651-32,45661,704
overdraft000
change in cash-25,651-32,45661,704

ren communications ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ren Communications Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ren communications ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in OX2 area or any other competitors across 12 key performance metrics.

ren communications ltd Ownership

REN COMMUNICATIONS LTD group structure

Ren Communications Ltd has no subsidiary companies.

Ultimate parent company

REN COMMUNICATIONS LTD

13046477

REN COMMUNICATIONS LTD Shareholders

alastair lousy 55%
anatole sloan 45%

ren communications ltd directors

Ren Communications Ltd currently has 2 directors. The longest serving directors include Dr Alastair Louey (Nov 2020) and Mr Anatole Sloan (Nov 2020).

officercountryagestartendrole
Dr Alastair LoueyEngland32 years Nov 2020- Director
Mr Anatole SloanEngland33 years Nov 2020- Director

P&L

December 2023

turnover

263.4k

-19%

operating profit

51.2k

0%

gross margin

49.6%

+2.82%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

2.1k

-1.06%

total assets

3.6k

-0.95%

cash

3.6k

-0.88%

net assets

Total assets minus all liabilities

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ren communications ltd company details

company number

13046477

Type

Private limited with Share Capital

industry

73110 - Advertising agencies

59112 - Video production activities

incorporation date

November 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

9 five mile drive, oxford, OX2 8HT

Bank

-

Legal Advisor

-

ren communications 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 ren communications ltd.

ren communications 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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ren communications ltd Companies House Filings - See Documents

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