reading sp ltd
reading sp ltd Company Information
Company Number
14746183
Website
-Registered Address
the lodge 37 hendon lane, london, N3 1RY
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
December 2025
Group Structure
View All
Directors
Tzvi Adler1 Years
Shareholders
tzvi adler 51%
shmuel david pels 49%
reading sp ltd Estimated Valuation
Pomanda estimates the enterprise value of READING SP LTD at £193.2k based on a Turnover of £90.3k and 2.14x industry multiple (adjusted for size and gross margin).
reading sp ltd Estimated Valuation
Pomanda estimates the enterprise value of READING SP LTD at £0 based on an EBITDA of £-149k and a 4.84x industry multiple (adjusted for size and gross margin).
reading sp ltd Estimated Valuation
Pomanda estimates the enterprise value of READING SP LTD at £0 based on Net Assets of £-149k and 1.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Reading Sp Ltd Overview
Reading Sp Ltd is a live company located in london, N3 1RY with a Companies House number of 14746183. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2023, it's largest shareholder is tzvi adler with a 51% stake. Reading Sp Ltd is a new, micro sized company, Pomanda has estimated its turnover at £90.3k with unknown growth in recent years.
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Reading Sp Ltd Health Check
Pomanda's financial health check has awarded Reading Sp Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £90.3k, make it smaller than the average company (£812.7k)
- Reading Sp Ltd
£812.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Reading Sp Ltd
- - Industry AVG
Production
with a gross margin of 37.5%, this company has a higher cost of product (74.5%)
- Reading Sp Ltd
74.5% - Industry AVG
Profitability
an operating margin of -165.1% make it less profitable than the average company (33.6%)
- Reading Sp Ltd
33.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Reading Sp Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Reading Sp Ltd
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £90.3k, this is less efficient (£184.9k)
- Reading Sp Ltd
£184.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (27 days)
- Reading Sp Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 2075 days, this is slower than average (33 days)
- Reading Sp Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reading Sp Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Reading Sp Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112%, this is a higher level of debt than the average (59.5%)
112% - Reading Sp Ltd
59.5% - Industry AVG
READING SP LTD financials
Reading Sp Ltd's latest turnover from March 2024 is estimated at £90.3 thousand and the company has net assets of -£149 thousand. According to their latest financial statements, Reading Sp Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | |
|---|---|
| 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 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | |
|---|---|
| Tangible Assets | 1,240,776 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 1,240,776 |
| Stock & work in progress | 0 |
| Trade Debtors | 149 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 149 |
| total assets | 1,240,925 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 320,752 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 320,752 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 1,872 |
| other liabilities | 1,067,324 |
| provisions | 0 |
| total long term liabilities | 1,069,196 |
| total liabilities | 1,389,948 |
| net assets | -149,023 |
| total shareholders funds | -149,023 |
| Mar 2024 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | 0 |
| Debtors | 149 |
| Creditors | 320,752 |
| Accruals and Deferred Income | 1,872 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| 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 | 1,067,324 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
reading sp ltd Credit Report and Business Information
Reading Sp Ltd Competitor Analysis
Perform a competitor analysis for reading sp ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.
reading sp ltd Ownership
READING SP LTD group structure
Reading Sp Ltd has no subsidiary companies.
Ultimate parent company
READING SP LTD
14746183
reading sp ltd directors
Reading Sp Ltd currently has 1 director, Mr Tzvi Adler serving since Mar 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tzvi Adler | United Kingdom | 37 years | Mar 2023 | - | Director |
P&L
March 2024turnover
90.3k
0%
operating profit
-149k
0%
gross margin
37.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-149k
0%
total assets
1.2m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
reading sp ltd company details
company number
14746183
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
March 2023
age
1
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2024
address
the lodge 37 hendon lane, london, N3 1RY
accountant
-
auditor
-
reading sp 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 found 4 charges/mortgages relating to reading sp ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
reading sp ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
