remax ltd

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remax ltd Company Information

Share REMAX LTD

Company Number

14647160

Shareholders

rehan kasmani

omar kasmani

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Group Structure

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Industry

Construction of domestic buildings

 +3

Registered Address

131 south end, c/o aczone consultants ltd, croydon, CR0 1BJ

Website

-

remax ltd Estimated Valuation

£38.4m

Pomanda estimates the enterprise value of REMAX LTD at £38.4m based on a Turnover of £12.9m and 2.98x industry multiple (adjusted for size and gross margin).

remax ltd Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of REMAX LTD at £1.1m based on an EBITDA of £142.6k and a 7.37x industry multiple (adjusted for size and gross margin).

remax ltd Estimated Valuation

£96.3k

Pomanda estimates the enterprise value of REMAX LTD at £96.3k based on Net Assets of £59.5k and 1.62x industry multiple (adjusted for liquidity).

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Remax Ltd Overview

Remax Ltd is a live company located in croydon, CR0 1BJ with a Companies House number of 14647160. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in February 2023, it's largest shareholder is rehan kasmani with a 37.5% stake. Remax Ltd is a startup, mid sized company, Pomanda has estimated its turnover at £12.9m with unknown growth in recent years.

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Remax Ltd Health Check

Pomanda's financial health check has awarded Remax Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £12.9m, make it larger than the average company (£630.7k)

£12.9m - Remax Ltd

£630.7k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Remax Ltd

- - Industry AVG

production

Production

with a gross margin of 56.5%, this company has a comparable cost of product (56.5%)

56.5% - Remax Ltd

56.5% - Industry AVG

profitability

Profitability

an operating margin of 0.9% make it less profitable than the average company (15.8%)

0.9% - Remax Ltd

15.8% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Remax Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)

£37.7k - Remax Ltd

£37.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £3.2m, this is more efficient (£163.5k)

£3.2m - Remax Ltd

£163.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 56 days, this is later than average (33 days)

56 days - Remax Ltd

33 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Remax Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Remax Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)

0 weeks - Remax Ltd

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (65.8%)

98.1% - Remax Ltd

65.8% - Industry AVG

REMAX LTD financials

EXPORTms excel logo

Remax Ltd's latest turnover from February 2024 is estimated at £12.9 million and the company has net assets of £59.5 thousand. According to their latest financial statements, Remax Ltd has 4 employees and maintains cash reserves of £9.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024
Turnover12,863,165
Other Income Or Grants
Cost Of Sales5,596,599
Gross Profit7,266,566
Admin Expenses7,156,830
Operating Profit109,736
Interest Payable30,847
Interest Receivable256
Pre-Tax Profit79,145
Tax-19,786
Profit After Tax59,359
Dividends Paid
Retained Profit59,359
Employee Costs150,625
Number Of Employees4
EBITDA*142,631

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024
Tangible Assets250,792
Intangible Assets
Investments & Other
Debtors (Due After 1 year)469,034
Total Fixed Assets719,826
Stock & work in progress
Trade Debtors1,984,837
Group Debtors361,003
Misc Debtors31,230
Cash9,755
misc current assets64,066
total current assets2,450,891
total assets3,170,717
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts1,890,765
other short term finances
hp & lease commitments
other current liabilities672,108
total current liabilities2,562,873
loans548,385
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities548,385
total liabilities3,111,258
net assets59,459
total shareholders funds59,459
Feb 2024
Operating Activities
Operating Profit109,736
Depreciation32,895
Amortisation
Tax-19,786
Stock
Debtors2,846,104
Creditors
Accruals and Deferred Income672,108
Deferred Taxes & Provisions
Cash flow from operations-2,051,151
Investing Activities
capital expenditure-283,687
Change in Investments
cash flow from investments-283,687
Financing Activities
Bank loans
Group/Directors Accounts1,890,765
Other Short Term Loans
Long term loans548,385
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-30,591
cash flow from financing2,408,659
cash and cash equivalents
cash9,755
overdraft
change in cash9,755

remax 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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Remax Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for remax ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in CR0 area or any other competitors across 12 key performance metrics.

remax ltd Ownership

REMAX LTD group structure

Remax Ltd has no subsidiary companies.

Ultimate parent company

REMAX LTD

14647160

REMAX LTD Shareholders

rehan kasmani 37.5%
omar kasmani 37.5%
yaseen zuber dhuka dhuka 25%

remax ltd directors

Remax Ltd currently has 4 directors. The longest serving directors include Mr Rehan Kasmani (Jan 2025) and Mr Jojo Blankson (Jan 2025).

officercountryagestartendrole
Mr Rehan KasmaniEngland22 years Jan 2025- Director
Mr Jojo BlanksonEngland35 years Jan 2025- Director
Mr Omar KasmaniEngland38 years Jan 2025- Director
Mr Yaseen DhukaEngland25 years Jan 2025- Director

P&L

February 2024

turnover

12.9m

0%

operating profit

109.7k

0%

gross margin

56.5%

0%

turnover

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

Balance Sheet

February 2024

net assets

59.5k

0%

total assets

3.2m

0%

cash

9.8k

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

remax ltd company details

company number

14647160

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

68320 - Management of real estate on a fee or contract basis

incorporation date

February 2023

age

2

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

131 south end, c/o aczone consultants ltd, croydon, CR0 1BJ

Bank

-

Legal Advisor

-

remax 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 remax ltd.

remax 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 REMAX LTD. This can take several minutes, an email will notify you when this has completed.

remax ltd Companies House Filings - See Documents

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