Pomanda estimates the enterprise value of REFIT GROUP LTD at £1.2m based on a Turnover of £1m and 1.14x industry multiple (adjusted for size and gross margin).
refit group ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of REFIT GROUP LTD at £0 based on an EBITDA of £-107.4k and a 5.19x industry multiple (adjusted for size and gross margin).
refit group ltdEstimated Valuation
£369k
Pomanda estimates the enterprise value of REFIT GROUP LTD at £369k based on Net Assets of £114.5k and 3.22x industry multiple (adjusted for liquidity).
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Refit Group LtdOverview
Refit Group Ltd is a live company located in england, EC2A 4NE with a Companies House number of 14822755. It operates in the fitness facilities sector, SIC Code 93130. Founded in April 2023, it's largest shareholder is
stefan duda
with a 69.7% stake. Refit Group Ltd is a startup,
small sized company, Pomanda has estimated its turnover at
£1m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Refit Group Ltd a 5 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
Health Rating5out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £1m, make it larger than the average company (£240k)
£1m - Refit Group Ltd
£240k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Refit Group Ltd
- - Industry AVG
Production
with a gross margin of 85.9%, this company has a comparable cost of product (85.9%)
85.9% - Refit Group Ltd
85.9% - Industry AVG
Profitability
an operating margin of -10.6% make it less profitable than the average company (4.8%)
-10.6% - Refit Group Ltd
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Refit Group Ltd
6 - Industry AVG
Pay Structure
on an average salary of £20.3k, the company has an equivalent pay structure (£20.3k)
£20.3k - Refit Group Ltd
£20.3k - Industry AVG
Efficiency
resulting in sales per employee of £512.4k, this is more efficient (£64.3k)
£512.4k - Refit Group Ltd
£64.3k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is later than average (12 days)
32 days - Refit Group Ltd
12 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (83 days)
3 days - Refit Group Ltd
83 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (21 days)
5 days - Refit Group Ltd
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 45 weeks, this is more cash available to meet short term requirements (23 weeks)
45 weeks - Refit Group Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.3%, this is a lower level of debt than the average (78.6%)
54.3% - Refit Group Ltd
78.6% - Industry AVG
REFIT GROUP LTD financials
EXPORT
Refit Group Ltd's latest turnover from March 2024 is estimated at £1 million and the company has net assets of £114.5 thousand. According to their latest financial statements, Refit Group Ltd has 2 employees and maintains cash reserves of £117.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Turnover
1,024,829
Other Income Or Grants
Cost Of Sales
144,762
Gross Profit
880,067
Admin Expenses
988,560
Operating Profit
-108,493
Interest Payable
Interest Receivable
3,091
Pre-Tax Profit
-105,402
Tax
Profit After Tax
-105,402
Dividends Paid
Retained Profit
-105,402
Employee Costs
40,512
Number Of Employees
2
EBITDA*
-107,420
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Tangible Assets
11,113
Intangible Assets
3,127
Investments & Other
18,417
Debtors (Due After 1 year)
Total Fixed Assets
32,657
Stock & work in progress
2,000
Trade Debtors
91,846
Group Debtors
Misc Debtors
6,228
Cash
117,768
misc current assets
total current assets
217,842
total assets
250,499
Bank overdraft
Bank loan
Trade Creditors
1,479
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
134,495
total current liabilities
135,974
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
135,974
net assets
114,525
total shareholders funds
114,525
Mar 2024
Operating Activities
Operating Profit
-108,493
Depreciation
908
Amortisation
165
Tax
Stock
2,000
Debtors
98,074
Creditors
1,479
Accruals and Deferred Income
134,495
Deferred Taxes & Provisions
Cash flow from operations
-71,520
Investing Activities
capital expenditure
-15,313
Change in Investments
18,417
cash flow from investments
-33,730
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
219,927
interest
3,091
cash flow from financing
223,018
cash and cash equivalents
cash
117,768
overdraft
change in cash
117,768
refit group ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for refit group ltd. Get real-time insights into refit group ltd's credit score, group structure and payment trends.
Perform a competitor analysis for refit group ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.
refit group ltd Ownership
REFIT GROUP LTD group structure
Refit Group Ltd has no subsidiary companies.
Ultimate parent company
REFIT GROUP LTD
14822755
REFIT GROUP LTD Shareholders
The largest shareholders in Refit Group Ltd include Stefan Duda and Henry Sims.
stefan duda
69.74%
henry sims
19.37%
workplace futures group
4.95%
simon colman
1.24%
paul smith
1.24%
edward betts
1.24%
toby benzecry
1.24%
nicholas kirby
0.49%
leon ballard
0.49%
refit group ltd directors
Refit Group Ltd currently has 3 directors.
The longest serving directors include
Mr Stefan Duda (Apr 2023) and
Mr Henry Sims (Sep 2023).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
114.5k
0%
total assets
250.5k
0%
cash
117.8k
0%
net assets
Total assets minus all liabilities
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refit group ltd company details
company number
14822755
Type
Private limited with Share Capital
industry
93130 - Fitness facilities
incorporation date
April 2023
age
2
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
86-90 paul street, london, england, EC2A 4NE
Bank
-
Legal Advisor
-
refit group 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 refit group ltd.
refit group 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 REFIT GROUP LTD. This can take several minutes, an email will notify you when this has completed.
refit group ltdCompanies House Filings - See Documents
