rede partners llp

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rede partners llp Company Information

Share REDE PARTNERS LLP

Company Number

OC361093

Directors

Adam Turtle

Scott Church

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Shareholders

-

Group Structure

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Industry

Registered Address

110 park street, 3rd floor, london, W1K 6NX

rede partners llp Estimated Valuation

£0

Pomanda estimates the enterprise value of REDE PARTNERS LLP at £0 based on a Turnover of £58.5m and 0x industry multiple (adjusted for size and gross margin).

rede partners llp Estimated Valuation

£0

Pomanda estimates the enterprise value of REDE PARTNERS LLP at £0 based on an EBITDA of £19.7m and a 0x industry multiple (adjusted for size and gross margin).

rede partners llp Estimated Valuation

£0

Pomanda estimates the enterprise value of REDE PARTNERS LLP at £0 based on Net Assets of £19.8m and 0x industry multiple (adjusted for liquidity).

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Rede Partners Llp Overview

Rede Partners Llp is a live company located in london, W1K 6NX with a Companies House number of OC361093. Founded in January 2011, it's largest shareholder is unknown. Rede Partners Llp is a established, large sized company, Pomanda has estimated its turnover at £58.5m with high growth in recent years.

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Rede Partners Llp Health Check

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REDE PARTNERS LLP financials

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Rede Partners Llp's latest turnover from March 2024 is £58.5 million and the company has net assets of £19.8 million. According to their latest financial statements, Rede Partners Llp has 107 employees and maintains cash reserves of £19.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover58,513,00048,092,00044,786,00033,133,00032,664,65822,900,68617,960,12913,508,2191,415,777
Other Income Or Grants
Cost Of Sales27,00015,00037,000
Gross Profit58,486,00048,077,00044,749,00033,133,00017,960,129
Admin Expenses39,530,00039,181,00032,334,00022,589,000-12,606,624-5,265,32311,754,324-6,192,831-16,3405,4553,0011,443-633,884
Operating Profit18,956,0008,896,00012,415,00010,544,00012,606,6245,265,3236,205,8056,192,83116,340-5,455-3,001-1,443633,884
Interest Payable22,370
Interest Receivable54,0002,0003,00010,2606,0305,4553,0011,44311
Pre-Tax Profit18,995,0008,898,00012,415,00010,547,00012,616,8845,265,3236,205,8056,192,831633,895
Tax-623,000-79,000-309,000-93,000-8,050
Profit After Tax18,372,0008,819,00012,106,00010,454,00012,608,8345,265,3236,205,8056,192,831633,895
Dividends Paid
Retained Profit1,822,0001,729,0001,260,884633,895
Employee Costs27,391,00024,164,00021,818,00015,490,00012,255,88710,687,4577,026,8815,292,490
Number Of Employees107113887761453221
EBITDA*19,690,0009,866,00012,946,00010,987,00012,946,7935,501,5796,269,3106,254,33487,00221,85517,59924,105653,554

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets1,842,0002,476,000963,0001,209,000937,928980,235808,496193,258206,843249,50155,51971,54768,598
Intangible Assets92,000189,000161,000
Investments & Other
Debtors (Due After 1 year)105,698105,698105,444
Total Fixed Assets1,934,0002,665,0001,124,0001,209,000937,928980,235808,496298,956312,541354,94555,51971,54768,598
Stock & work in progress
Trade Debtors10,827,0008,561,0004,738,0001,220,0003,589,2951,125,121720,8883,322,5111,574,7901,935,887434,534397,38468,079
Group Debtors
Misc Debtors2,301,0002,353,0007,561,0002,660,0001,007,755921,165922,025845,487581,12560,331
Cash19,702,0006,463,0008,931,00013,658,0009,438,6495,326,8426,349,9822,359,8651,028,0041,383,974797,953402,588174,689
misc current assets
total current assets32,830,00017,377,00021,230,00017,538,00014,035,6997,373,1287,992,8956,527,8633,183,9193,319,8611,232,487799,972303,099
total assets34,764,00020,042,00022,354,00018,747,00014,973,6278,353,3638,801,3916,826,8193,496,4603,674,8061,288,006871,519371,697
Bank overdraft
Bank loan
Trade Creditors 926,000945,000777,000234,000405,069407,743389,291188,9303,2841,770,317833,988446,97786,848
Group/Directors Accounts421,577
other short term finances279,000707,000152,190688,311
hp & lease commitments
other current liabilities13,743,0008,738,00012,341,0007,780,0004,472,3935,731,1074,067,8473,496,5321,565,744
total current liabilities14,948,00010,390,00013,118,0008,014,0004,877,4626,138,8504,878,7153,837,6522,257,3391,770,317833,988446,97786,848
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities30,258403,018
provisions34,00034,00044,000
total long term liabilities34,00034,00044,00030,258403,018
total liabilities14,982,00010,424,00013,118,0008,058,0004,877,4626,138,8504,878,7153,837,6522,257,3391,800,5751,237,006446,97786,848
net assets19,782,0009,618,0009,236,00010,689,00010,096,1652,214,5133,922,6762,989,1671,239,1211,874,23151,000424,542284,849
total shareholders funds19,782,0009,618,0009,236,00010,689,00010,096,1652,214,5133,922,6762,989,1671,239,1211,874,23151,000424,542284,849
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit18,956,0008,896,00012,415,00010,544,00012,606,6245,265,3236,205,8056,192,83116,340-5,455-3,001-1,443633,884
Depreciation637,000970,000531,000443,000340,169236,25663,50561,50370,66227,31020,60025,54819,670
Amortisation97,000
Tax-623,000-79,000-309,000-93,000-8,050
Stock
Debtors2,214,000-1,385,0008,419,000-717,0502,550,764403,373-2,630,7832,012,083220,2821,606,79737,150268,974128,410
Creditors-19,000168,000543,000-171,069-2,67418,452200,361185,646-1,767,033936,329387,011360,12986,848
Accruals and Deferred Income5,005,000-3,603,0004,561,0003,307,607-1,258,7141,663,260571,3151,930,7881,565,744
Deferred Taxes & Provisions34,000-44,00044,000
Cash flow from operations21,839,0007,771,0009,278,00014,791,5889,126,5916,779,9189,671,7696,358,685-334,569-648,613367,460115,260611,992
Investing Activities
capital expenditure-507,665-829,536-47,918-28,004-221,292-4,572-28,497-88,268
Change in Investments
cash flow from investments-507,665-829,536-47,918-28,004-221,292-4,572-28,497-88,268
Financing Activities
Bank loans
Group/Directors Accounts-421,577421,577
Other Short Term Loans -428,000707,000-152,190-536,121688,311
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-30,258-372,760403,018
share issue8,342,000-1,347,000-1,453,000592,8356,620,768-1,708,163933,5091,750,046-635,1101,823,231-373,542139,693-349,046
interest54,0002,0003,00010,260-16,3405,4553,0011,44311
cash flow from financing7,968,000-638,000-1,453,000595,8356,631,028-2,129,7401,202,8961,213,9256,6031,455,92632,477141,136-349,035
cash and cash equivalents
cash13,239,000-2,468,000-4,727,0004,219,3514,111,807-1,023,1403,990,1171,331,861-355,970586,021395,365227,899174,689
overdraft
change in cash13,239,000-2,468,000-4,727,0004,219,3514,111,807-1,023,1403,990,1171,331,861-355,970586,021395,365227,899174,689

rede partners llp 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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Rede Partners Llp Competitor Analysis

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rede partners llp Ownership

REDE PARTNERS LLP group structure

Rede Partners Llp has 2 subsidiary companies.

Ultimate parent company

REDE PARTNERS LLP

OC361093

2 subsidiaries

REDE PARTNERS LLP Shareholders

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rede partners llp directors

Rede Partners Llp currently has 8 directors. The longest serving directors include Mr Adam Turtle (Jan 2011) and Mr Scott Church (Jan 2011).

officercountryagestartendrole
Mr Adam TurtleEngland45 years Jan 2011- LLP Designated Member
Mr Scott ChurchEngland61 years Jan 2011- LLP Designated Member
Ms Kristina Gonzalez LastraEngland44 years Aug 2019- LLP Member
Ms Alexandra BazarewskiEngland42 years Jul 2021- LLP Member
Mr Magnus GoodladUnited Kingdom52 years Jul 2021- LLP Member
Mr Ian FlavellEngland37 years Jul 2023- LLP Member
Mr Charles WanEngland43 years Sep 2024- LLP Member
Mr James Varela AlonsoEngland38 years Sep 2024- LLP Member

P&L

March 2024

turnover

58.5m

+22%

operating profit

19m

+113%

gross margin

100%

-0.01%

turnover

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

Balance Sheet

March 2024

net assets

19.8m

+1.06%

total assets

34.8m

+0.73%

cash

19.7m

+2.05%

net assets

Total assets minus all liabilities

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rede partners llp company details

company number

OC361093

Type

Other

industry

incorporation date

January 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

BDO LLP

address

110 park street, 3rd floor, london, W1K 6NX

Bank

-

Legal Advisor

-

rede partners llp Charges & Mortgages

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rede partners llp Capital Raised & Share Issues BETA

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rede partners llp Companies House Filings - See Documents

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