rewards direct ltd Company Information
Company Number
14201150
Next Accounts
Mar 2025
Industry
Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
Wholesale of agricultural machinery, equipment and supplies
Shareholders
mohammad ishtiaq
Group Structure
View All
Contact
Registered Address
50 princes street, ipswich, suffolk, IP1 1RJ
Website
-rewards direct ltd Estimated Valuation
Pomanda estimates the enterprise value of REWARDS DIRECT LTD at £101.1k based on a Turnover of £251k and 0.4x industry multiple (adjusted for size and gross margin).
rewards direct ltd Estimated Valuation
Pomanda estimates the enterprise value of REWARDS DIRECT LTD at £5.3k based on an EBITDA of £1.9k and a 2.86x industry multiple (adjusted for size and gross margin).
rewards direct ltd Estimated Valuation
Pomanda estimates the enterprise value of REWARDS DIRECT LTD at £3.3k based on Net Assets of £1.4k and 2.38x industry multiple (adjusted for liquidity).
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Rewards Direct Ltd Overview
Rewards Direct Ltd is a live company located in suffolk, IP1 1RJ with a Companies House number of 14201150. It operates in the wholesale of agricultural machinery, equipment and supplies sector, SIC Code 46610. Founded in June 2022, it's largest shareholder is mohammad ishtiaq with a 100% stake. Rewards Direct Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £251k with unknown growth in recent years.
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Rewards Direct Ltd Health Check
Pomanda's financial health check has awarded Rewards Direct Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £251k, make it smaller than the average company (£10.3m)
- Rewards Direct Ltd
£10.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rewards Direct Ltd
- - Industry AVG
Production
with a gross margin of 20.9%, this company has a higher cost of product (35.2%)
- Rewards Direct Ltd
35.2% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (3.9%)
- Rewards Direct Ltd
3.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (36)
4 - Rewards Direct Ltd
36 - Industry AVG
Pay Structure
on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)
- Rewards Direct Ltd
£39.8k - Industry AVG
Efficiency
resulting in sales per employee of £62.7k, this is less efficient (£256.1k)
- Rewards Direct Ltd
£256.1k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (27 days)
- Rewards Direct Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is close to average (45 days)
- Rewards Direct Ltd
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rewards Direct Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rewards Direct Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.6%, this is a higher level of debt than the average (62.4%)
96.6% - Rewards Direct Ltd
62.4% - Industry AVG
REWARDS DIRECT LTD financials
Rewards Direct Ltd's latest turnover from June 2023 is estimated at £251 thousand and the company has net assets of £1.4 thousand. According to their latest financial statements, Rewards Direct Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | |
---|---|
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 | 4 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | |
---|---|
Tangible Assets | 25,000 |
Intangible Assets | 0 |
Investments & Other | 100 |
Debtors (Due After 1 year) | 0 |
Total Fixed Assets | 25,100 |
Stock & work in progress | 0 |
Trade Debtors | 15,000 |
Group Debtors | 0 |
Misc Debtors | 1,000 |
Cash | 0 |
misc current assets | 0 |
total current assets | 16,000 |
total assets | 41,100 |
Bank overdraft | 0 |
Bank loan | 0 |
Trade Creditors | 25,000 |
Group/Directors Accounts | 0 |
other short term finances | 0 |
hp & lease commitments | 0 |
other current liabilities | 0 |
total current liabilities | 25,000 |
loans | 0 |
hp & lease commitments | 0 |
Accruals and Deferred Income | 200 |
other liabilities | 14,000 |
provisions | 500 |
total long term liabilities | 14,700 |
total liabilities | 39,700 |
net assets | 1,400 |
total shareholders funds | 1,400 |
Jun 2023 | |
---|---|
Operating Activities | |
Operating Profit | |
Depreciation | |
Amortisation | |
Tax | |
Stock | 0 |
Debtors | 16,000 |
Creditors | 25,000 |
Accruals and Deferred Income | 200 |
Deferred Taxes & Provisions | 500 |
Cash flow from operations | |
Investing Activities | |
capital expenditure | |
Change in Investments | 100 |
cash flow from investments | |
Financing Activities | |
Bank loans | 0 |
Group/Directors Accounts | 0 |
Other Short Term Loans | 0 |
Long term loans | 0 |
Hire Purchase and Lease Commitments | 0 |
other long term liabilities | 14,000 |
share issue | |
interest | |
cash flow from financing | |
cash and cash equivalents | |
cash | 0 |
overdraft | 0 |
change in cash | 0 |
rewards direct ltd Credit Report and Business Information
Rewards Direct Ltd Competitor Analysis
Perform a competitor analysis for rewards direct 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 IP1 area or any other competitors across 12 key performance metrics.
rewards direct ltd Ownership
REWARDS DIRECT LTD group structure
Rewards Direct Ltd has no subsidiary companies.
Ultimate parent company
REWARDS DIRECT LTD
14201150
rewards direct ltd directors
Rewards Direct Ltd currently has 2 directors. The longest serving directors include Mr Bryan Thornton (Jun 2022) and Mr Mohammad Ishtiaq (Jan 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Bryan Thornton | United Kingdom | 69 years | Jun 2022 | - | Director |
Mr Mohammad Ishtiaq | England | 59 years | Jan 2023 | - | Director |
P&L
June 2023turnover
251k
0%
operating profit
1.9k
0%
gross margin
20.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.4k
0%
total assets
41.1k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
rewards direct ltd company details
company number
14201150
Type
Private limited with Share Capital
industry
63120 - Web portals
47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
46610 - Wholesale of agricultural machinery, equipment and supplies
incorporation date
June 2022
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
50 princes street, ipswich, suffolk, IP1 1RJ
Bank
-
Legal Advisor
-
rewards direct 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 rewards direct ltd.
rewards direct 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 REWARDS DIRECT LTD. This can take several minutes, an email will notify you when this has completed.
rewards direct ltd Companies House Filings - See Documents
date | description | view/download |
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