xrp ventures ltd
xrp ventures ltd Company Information
Company Number
13390983
Website
-Registered Address
116 high street, redcar, TS10 3DH
Industry
Buying and selling of own real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Elhami Hysku3 Years
Shareholders
elhami hysku 100%
xrp ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of XRP VENTURES LTD at £810.9k based on a Turnover of £421.8k and 1.92x industry multiple (adjusted for size and gross margin).
xrp ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of XRP VENTURES LTD at £447.1k based on an EBITDA of £95.6k and a 4.67x industry multiple (adjusted for size and gross margin).
xrp ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of XRP VENTURES LTD at £213.1k based on Net Assets of £138.5k and 1.54x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Xrp Ventures Ltd Overview
Xrp Ventures Ltd is a live company located in redcar, TS10 3DH with a Companies House number of 13390983. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2021, it's largest shareholder is elhami hysku with a 100% stake. Xrp Ventures Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £421.8k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Xrp Ventures Ltd Health Check
Pomanda's financial health check has awarded Xrp Ventures Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £421.8k, make it smaller than the average company (£847.1k)
- Xrp Ventures Ltd
£847.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Xrp Ventures Ltd
- - Industry AVG
Production
with a gross margin of 28.2%, this company has a higher cost of product (71.1%)
- Xrp Ventures Ltd
71.1% - Industry AVG
Profitability
an operating margin of 21.6% make it less profitable than the average company (29.3%)
- Xrp Ventures Ltd
29.3% - Industry AVG
Employees
with 16 employees, this is above the industry average (4)
16 - Xrp Ventures Ltd
4 - Industry AVG
Pay Structure
on an average salary of £34k, the company has an equivalent pay structure (£34k)
- Xrp Ventures Ltd
£34k - Industry AVG
Efficiency
resulting in sales per employee of £26.4k, this is less efficient (£187k)
- Xrp Ventures Ltd
£187k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Xrp Ventures Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (32 days)
- Xrp Ventures Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (222 days)
- Xrp Ventures Ltd
222 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 80 weeks, this is more cash available to meet short term requirements (11 weeks)
80 weeks - Xrp Ventures Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.7%, this is a lower level of debt than the average (66%)
24.7% - Xrp Ventures Ltd
66% - Industry AVG
XRP VENTURES LTD financials
Xrp Ventures Ltd's latest turnover from May 2023 is estimated at £421.8 thousand and the company has net assets of £138.5 thousand. According to their latest financial statements, Xrp Ventures Ltd has 16 employees and maintains cash reserves of £70.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | |
|---|---|---|
| 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 | 16 | 13 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | |
|---|---|---|
| Tangible Assets | 39,118 | 26,748 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 65,000 | 25,000 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 104,118 | 51,748 |
| Stock & work in progress | 9,220 | 3,940 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 70,568 | 77,816 |
| misc current assets | 0 | 0 |
| total current assets | 79,788 | 81,756 |
| total assets | 183,906 | 133,504 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 45,421 | 65,751 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 45,421 | 65,751 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 45,421 | 65,751 |
| net assets | 138,485 | 67,753 |
| total shareholders funds | 138,485 | 67,753 |
| May 2023 | May 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 4,676 | 1,725 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 5,280 | 3,940 |
| Debtors | 0 | 0 |
| Creditors | -20,330 | 65,751 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 40,000 | 25,000 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -7,248 | 77,816 |
| overdraft | 0 | 0 |
| change in cash | -7,248 | 77,816 |
xrp ventures ltd Credit Report and Business Information
Xrp Ventures Ltd Competitor Analysis
Perform a competitor analysis for xrp ventures ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TS10 area or any other competitors across 12 key performance metrics.
xrp ventures ltd Ownership
XRP VENTURES LTD group structure
Xrp Ventures Ltd has no subsidiary companies.
Ultimate parent company
XRP VENTURES LTD
13390983
xrp ventures ltd directors
Xrp Ventures Ltd currently has 1 director, Mr Elhami Hysku serving since May 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Elhami Hysku | England | 46 years | May 2021 | - | Director |
P&L
May 2023turnover
421.8k
+23%
operating profit
91k
0%
gross margin
28.2%
+2.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
138.5k
+1.04%
total assets
183.9k
+0.38%
cash
70.6k
-0.09%
net assets
Total assets minus all liabilities
Similar Companies
xrp ventures ltd company details
company number
13390983
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
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
May 2021
age
3
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
116 high street, redcar, TS10 3DH
Bank
-
Legal Advisor
-
xrp ventures 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 xrp ventures ltd.
xrp ventures ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
