Rehoboth Properties (uk) Limited

Rehoboth Properties (uk) Limited, based in Milton Keynes, UK, is a small, active company founded nine years ago in 2016. With six employees and £76,887 in assets, it operates as a solo founder venture led by three directors. The company is an irregular importer of textile products, sets, used clothing, and rags, with just one month of import activity recorded in 2018, and an irregular exporter of furniture, lighting, and prefabricated buildings, with one month of export activity in 2021. It has a real registered address and is overseen by one owner.

The company’s website reveals a broader scope: Rehoboth Properties is a top real estate developer in Ghana, specializing in quality housing for all. The site showcases various residential projects, including Rehoboth Courts, Knightsbridge, Gardens, Vale, and Grace Courts, offering apartments and houses. Notably, it highlights a commitment to sustainability, partnering with the International Financial Corporation (IFC) to adopt green building practices through the EDGE certification system. The company has achieved EDGE certifications for Rehoboth Knightsbridge and Palm, accounting for over 80% of its projects.

Financially, Rehoboth Properties (uk) Limited presents a mixed picture. Current assets have decreased by 36% to £77,000, while net assets have fallen by 6% to -£280,000. Bank borrowings have declined by 11% to £22,000, and cash reserves have improved significantly, increasing by 230% to £5,000. Trade creditors have also decreased by 12%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity raises concerns. With no auditor mentioned, the figures rely on unaudited statements.

The company’s focus on sustainable construction and its presence in both the UK and Ghana suggest a growth strategy—but the financial data indicates a need to carefully manage expenses and maintain a healthy cash flow.

Registered in England/Wales under the registration number 10103634, with a registered address at MK15 0DF, England, Milton Keynes, Vega House Opal Court, Opal Drive, Fox Milne.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.