reekie refrigeration limited
reekie refrigeration limited Company Information
Company Number
SC030380
Website
-Registered Address
baden powell road, kirkton industrial estate, arbroath, angus, DD11 3LS
Industry
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
September 2024
Group Structure
View All
Directors
Paul Reekie33 Years
Shareholders
p.n.j.s. reekie 100%
reekie refrigeration limited Estimated Valuation
Pomanda estimates the enterprise value of REEKIE REFRIGERATION LIMITED at £597.3k based on a Turnover of £188.6k and 3.17x industry multiple (adjusted for size and gross margin).
reekie refrigeration limited Estimated Valuation
Pomanda estimates the enterprise value of REEKIE REFRIGERATION LIMITED at £0 based on an EBITDA of £-47.8k and a 6.94x industry multiple (adjusted for size and gross margin).
reekie refrigeration limited Estimated Valuation
Pomanda estimates the enterprise value of REEKIE REFRIGERATION LIMITED at £1.4m based on Net Assets of £889.9k and 1.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Reekie Refrigeration Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Reekie Refrigeration Limited Overview
Reekie Refrigeration Limited is a live company located in arbroath, DD11 3LS with a Companies House number of SC030380. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 1954, it's largest shareholder is p.n.j.s. reekie with a 100% stake. Reekie Refrigeration Limited is a mature, micro sized company, Pomanda has estimated its turnover at £188.6k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Reekie Refrigeration Limited Health Check
Pomanda's financial health check has awarded Reekie Refrigeration Limited a 3 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
2 Strong
3 Regular
4 Weak
Size
annual sales of £188.6k, make it smaller than the average company (£865k)
- Reekie Refrigeration Limited
£865k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (1.3%)
- Reekie Refrigeration Limited
1.3% - Industry AVG
Production
with a gross margin of 70.1%, this company has a comparable cost of product (70.1%)
- Reekie Refrigeration Limited
70.1% - Industry AVG
Profitability
an operating margin of -25.9% make it less profitable than the average company (34.4%)
- Reekie Refrigeration Limited
34.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Reekie Refrigeration Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- Reekie Refrigeration Limited
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £188.6k, this is equally as efficient (£188.6k)
- Reekie Refrigeration Limited
£188.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Reekie Refrigeration Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Reekie Refrigeration Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reekie Refrigeration Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Reekie Refrigeration Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.3%, this is a lower level of debt than the average (70%)
59.3% - Reekie Refrigeration Limited
70% - Industry AVG
reekie refrigeration limited Credit Report and Business Information
Reekie Refrigeration Limited Competitor Analysis
Perform a competitor analysis for reekie refrigeration limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
reekie refrigeration limited Ownership
REEKIE REFRIGERATION LIMITED group structure
Reekie Refrigeration Limited has no subsidiary companies.
Ultimate parent company
REEKIE REFRIGERATION LIMITED
SC030380
reekie refrigeration limited directors
Reekie Refrigeration Limited currently has 1 director, Mr Paul Reekie serving since Aug 1990.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Reekie | 68 years | Aug 1990 | - | Director |
REEKIE REFRIGERATION LIMITED financials
Reekie Refrigeration Limited's latest turnover from December 2022 is estimated at £188.6 thousand and the company has net assets of £889.9 thousand. According to their latest financial statements, Reekie Refrigeration Limited has 1 employee and maintains cash reserves of £499 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,182 | 7,825 | 712,873 | 714,914 | 716,966 | 719,405 | 722,301 | 725,748 | 729,856 | 734,760 | 737,105 | 743,067 | 721,260 | 714,177 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,837,500 | 1,837,500 | 19,343 | 17,020 | 13,248 | 10,845 | 8,248 | 128,744 | 170,663 | 47,158 | 42,828 | 39,555 | 37,355 | 35,656 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,846,682 | 1,845,325 | 732,216 | 731,934 | 730,214 | 730,250 | 730,549 | 854,492 | 900,519 | 781,918 | 779,933 | 782,622 | 758,615 | 749,833 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 157,333 | 134,621 | 122,787 | 110,377 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 337,968 | 316,879 | 290,806 | 271,669 | 252,183 | 233,008 | 210,703 | 192,685 | 175,083 | 0 | 0 | 0 | 0 | 95,178 |
| Cash | 499 | 1,783 | 8,940 | 2,552 | 741 | 443 | 137 | 1,981 | 3,051 | 8 | 634 | 3 | 461 | 548 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,627 |
| total current assets | 338,467 | 318,662 | 299,746 | 274,221 | 252,924 | 233,451 | 210,840 | 194,666 | 178,134 | 157,341 | 135,255 | 122,790 | 110,838 | 98,353 |
| total assets | 2,185,149 | 2,163,987 | 1,031,962 | 1,006,155 | 983,138 | 963,701 | 941,389 | 1,049,158 | 1,078,653 | 939,259 | 915,188 | 905,412 | 869,453 | 848,186 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 884,737 | 833,837 | 786,147 | 707,918 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 974,151 | 918,328 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,179,376 | 1,109,330 | 1,094,054 | 1,039,418 | 8,915 | 9,586 | 885,633 | 952,498 | 932,893 | 0 | 0 | 0 | 0 | 660,204 |
| total current liabilities | 1,179,376 | 1,109,330 | 1,094,054 | 1,039,418 | 983,066 | 927,914 | 885,633 | 952,498 | 932,893 | 884,737 | 833,837 | 786,147 | 707,918 | 660,204 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 115,842 | 115,842 | 3,156 | 2,818 | 1,922 | 1,572 | 1,389 | 11,126 | 20,413 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 115,842 | 115,842 | 3,156 | 2,818 | 1,922 | 1,572 | 1,389 | 11,126 | 20,413 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 |
| total liabilities | 1,295,218 | 1,225,172 | 1,097,210 | 1,042,236 | 984,988 | 929,486 | 887,022 | 963,624 | 953,306 | 1,234,737 | 1,183,837 | 1,136,147 | 1,057,918 | 1,010,204 |
| net assets | 889,931 | 938,815 | -65,248 | -36,081 | -1,850 | 34,215 | 54,367 | 85,534 | 125,347 | -295,478 | -268,649 | -230,735 | -188,465 | -162,018 |
| total shareholders funds | 889,931 | 938,815 | -65,248 | -36,081 | -1,850 | 34,215 | 54,367 | 85,534 | 125,347 | -295,478 | -268,649 | -230,735 | -188,465 | -162,018 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 1,173 | 1,378 | 1,622 | 2,052 | 2,439 | 2,896 | 3,447 | 4,108 | 4,904 | 5,865 | 6,029 | 7,114 | 3,305 | 2,125 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 21,089 | 26,073 | 19,137 | 19,486 | 19,175 | 22,305 | 18,018 | 17,602 | 17,750 | 22,712 | 11,834 | 12,410 | 15,199 | 95,178 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -884,737 | 50,900 | 47,690 | 78,229 | 707,918 | 0 |
| Accruals and Deferred Income | 70,046 | 15,276 | 54,636 | 1,030,503 | -671 | -876,047 | -66,865 | 19,605 | 932,893 | 0 | 0 | 0 | -660,204 | 660,204 |
| Deferred Taxes & Provisions | 0 | 112,686 | 338 | 896 | 350 | 183 | -9,737 | -9,287 | 20,413 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 1,818,157 | 2,323 | 3,772 | 2,403 | 2,597 | -120,496 | -41,919 | 123,505 | 4,330 | 3,273 | 2,200 | 1,699 | 35,656 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -974,151 | 55,823 | 918,328 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -350,000 | 0 | 0 | 0 | 0 | 350,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -1,284 | -7,157 | 6,388 | 1,811 | 298 | 306 | -1,844 | -1,070 | 3,043 | -626 | 631 | -458 | -87 | 548 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,284 | -7,157 | 6,388 | 1,811 | 298 | 306 | -1,844 | -1,070 | 3,043 | -626 | 631 | -458 | -87 | 548 |
P&L
December 2022turnover
188.6k
+20%
operating profit
-48.9k
0%
gross margin
70.1%
+2.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
889.9k
-0.05%
total assets
2.2m
+0.01%
cash
499
-0.72%
net assets
Total assets minus all liabilities
reekie refrigeration limited company details
company number
SC030380
Type
Private limited with Share Capital
industry
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
November 1954
age
70
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
baden powell road, kirkton industrial estate, arbroath, angus, DD11 3LS
last accounts submitted
December 2022
reekie refrigeration limited 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 2 charges/mortgages relating to reekie refrigeration limited. Currently there are 2 open charges and 0 have been satisfied in the past.
reekie refrigeration limited Companies House Filings - See Documents
| date | description | view/download |
|---|
