rewards direct ltd

rewards direct ltd Company Information

Share REWARDS DIRECT LTD
Live 
StartupMicro

Company Number

14201150

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

 
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Shareholders

mohammad ishtiaq

Group Structure

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Contact

Registered Address

50 princes street, ipswich, suffolk, IP1 1RJ

Website

-

rewards direct ltd Estimated Valuation

£101.1k

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

£5.3k

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

£3.3k

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).

Edit your figures and get a professional valuation report.

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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £251k, make it smaller than the average company (£10.3m)

£251k - Rewards Direct Ltd

£10.3m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Rewards Direct Ltd

- - Industry AVG

production

Production

with a gross margin of 20.9%, this company has a higher cost of product (35.2%)

20.9% - Rewards Direct Ltd

35.2% - Industry AVG

profitability

Profitability

an operating margin of 0.7% make it less profitable than the average company (3.9%)

0.7% - Rewards Direct Ltd

3.9% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (36)

4 - Rewards Direct Ltd

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)

£39.8k - Rewards Direct Ltd

£39.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £62.7k, this is less efficient (£256.1k)

£62.7k - Rewards Direct Ltd

£256.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 21 days, this is earlier than average (27 days)

21 days - Rewards Direct Ltd

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 45 days, this is close to average (45 days)

45 days - Rewards Direct Ltd

45 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rewards Direct Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rewards Direct Ltd

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Jun 2023
Turnover250,975
Other Income Or Grants0
Cost Of Sales198,548
Gross Profit52,427
Admin Expenses50,560
Operating Profit1,867
Interest Payable0
Interest Receivable0
Pre-Tax Profit1,867
Tax-467
Profit After Tax1,400
Dividends Paid0
Retained Profit1,400
Employee Costs159,296
Number Of Employees4
EBITDA*1,867

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023
Tangible Assets25,000
Intangible Assets0
Investments & Other100
Debtors (Due After 1 year)0
Total Fixed Assets25,100
Stock & work in progress0
Trade Debtors15,000
Group Debtors0
Misc Debtors1,000
Cash0
misc current assets0
total current assets16,000
total assets41,100
Bank overdraft0
Bank loan0
Trade Creditors 25,000
Group/Directors Accounts0
other short term finances0
hp & lease commitments0
other current liabilities0
total current liabilities25,000
loans0
hp & lease commitments0
Accruals and Deferred Income200
other liabilities14,000
provisions500
total long term liabilities14,700
total liabilities39,700
net assets1,400
total shareholders funds1,400
Jun 2023
Operating Activities
Operating Profit1,867
Depreciation0
Amortisation0
Tax-467
Stock0
Debtors16,000
Creditors25,000
Accruals and Deferred Income200
Deferred Taxes & Provisions500
Cash flow from operations11,100
Investing Activities
capital expenditure-25,000
Change in Investments100
cash flow from investments-25,100
Financing Activities
Bank loans0
Group/Directors Accounts0
Other Short Term Loans 0
Long term loans0
Hire Purchase and Lease Commitments0
other long term liabilities14,000
share issue0
interest0
cash flow from financing14,000
cash and cash equivalents
cash0
overdraft0
change in cash0

rewards direct 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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Rewards Direct Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

mohammad ishtiaq 100%

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).

officercountryagestartendrole
Mr Bryan ThorntonUnited Kingdom69 years Jun 2022- Director
Mr Mohammad IshtiaqEngland59 years Jan 2023- Director

P&L

June 2023

turnover

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 2023

net assets

1.4k

0%

total assets

41.1k

0%

cash

0

0%

net assets

Total assets minus all liabilities

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Similar companies unavailable for this selection

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

None

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.

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rewards direct ltd Companies House Filings - See Documents

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