langdon group limited

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langdon group limited Company Information

Share LANGDON GROUP LIMITED
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Company Number

02258673

Registered Address

*, showground road, bridgwater, somerset, TA6 6AJ

Industry

Freight transport by road

 

Telephone

01278411114

Next Accounts Due

September 2025

Group Structure

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Directors

Patrick Griffiths17 Years

Arran Osman17 Years

View All

Shareholders

stef sa 100%

langdon group limited Estimated Valuation

£104.5m

Pomanda estimates the enterprise value of LANGDON GROUP LIMITED at £104.5m based on a Turnover of £174.7m and 0.6x industry multiple (adjusted for size and gross margin).

langdon group limited Estimated Valuation

£75.5m

Pomanda estimates the enterprise value of LANGDON GROUP LIMITED at £75.5m based on an EBITDA of £13.6m and a 5.54x industry multiple (adjusted for size and gross margin).

langdon group limited Estimated Valuation

£155.4m

Pomanda estimates the enterprise value of LANGDON GROUP LIMITED at £155.4m based on Net Assets of £61m and 2.55x industry multiple (adjusted for liquidity).

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Langdon Group Limited Overview

Langdon Group Limited is a live company located in somerset, TA6 6AJ with a Companies House number of 02258673. It operates in the freight transport by road sector, SIC Code 49410. Founded in May 1988, it's largest shareholder is stef sa with a 100% stake. Langdon Group Limited is a mature, mega sized company, Pomanda has estimated its turnover at £174.7m with healthy growth in recent years.

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Langdon Group Limited Health Check

Pomanda's financial health check has awarded Langdon Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

6 Regular

positive_score

2 Weak

size

Size

annual sales of £174.7m, make it larger than the average company (£10.3m)

£174.7m - Langdon Group Limited

£10.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.9%)

6% - Langdon Group Limited

8.9% - Industry AVG

production

Production

with a gross margin of 12%, this company has a higher cost of product (22.6%)

12% - Langdon Group Limited

22.6% - Industry AVG

profitability

Profitability

an operating margin of 5.6% make it as profitable than the average company (5.8%)

5.6% - Langdon Group Limited

5.8% - Industry AVG

employees

Employees

with 1472 employees, this is above the industry average (64)

1472 - Langdon Group Limited

64 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.1k, the company has an equivalent pay structure (£39.9k)

£41.1k - Langdon Group Limited

£39.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £118.7k, this is equally as efficient (£132.5k)

£118.7k - Langdon Group Limited

£132.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is near the average (50 days)

59 days - Langdon Group Limited

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is close to average (29 days)

27 days - Langdon Group Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is in line with average (1 days)

1 days - Langdon Group Limited

1 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (14 weeks)

39 weeks - Langdon Group Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.4%, this is a lower level of debt than the average (60.8%)

37.4% - Langdon Group Limited

60.8% - Industry AVG

langdon group limited 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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Langdon Group Limited Competitor Analysis

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langdon group limited Ownership

LANGDON GROUP LIMITED group structure

Langdon Group Limited has 5 subsidiary companies.

LANGDON GROUP LIMITED Shareholders

stef sa 100%

langdon group limited directors

Langdon Group Limited currently has 4 directors. The longest serving directors include Mr Patrick Griffiths (Jan 2007) and Mr Arran Osman (Jan 2007).

officercountryagestartendrole
Mr Patrick Griffiths55 years Jan 2007- Director
Mr Arran Osman54 years Jan 2007- Director
Mrs Renee BarrettEngland58 years Mar 2017- Director
Mr Christophe Gorin58 years Jan 2022- Director

LANGDON GROUP LIMITED financials

EXPORTms excel logo

Langdon Group Limited's latest turnover from December 2023 is £174.7 million and the company has net assets of £61 million. According to their latest financial statements, Langdon Group Limited has 1,472 employees and maintains cash reserves of £20.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover174,728,000178,314,000149,689,000146,013,000160,863,000150,235,000139,138,000130,337,00099,842,00094,237,00085,025,00074,169,00067,555,00059,393,00055,157,000
Other Income Or Grants000000000000000
Cost Of Sales153,765,000160,166,000135,137,000132,606,000144,529,000135,671,000126,766,000117,016,00090,429,00084,210,00076,202,00067,422,00061,134,00053,744,00048,833,000
Gross Profit20,963,00018,148,00014,552,00013,407,00016,334,00014,564,00012,372,00013,321,0009,413,00010,027,0008,823,0006,747,0006,421,0005,649,0006,324,000
Admin Expenses11,136,0009,596,0007,853,0005,830,0008,381,0007,436,0006,443,0006,654,0004,781,0005,003,0003,633,0003,124,0002,980,0003,043,0002,890,000
Operating Profit9,827,0008,552,0006,699,0007,577,0007,953,0007,128,0005,929,0006,667,0004,632,0005,024,0005,190,0003,623,0003,441,0002,606,0003,434,000
Interest Payable176,00047,0005,000042,000345,000291,000607,000817,000917,000758,000776,000705,000477,000498,000
Interest Receivable299,0002,00082,00074,00074,000122,00000000008,0001,000
Pre-Tax Profit9,950,0008,507,0006,776,0007,651,0007,985,0006,905,0005,638,0006,060,0003,815,0004,107,0004,432,0002,847,0002,736,0002,137,0002,937,000
Tax-2,947,000-1,954,000-2,118,000-1,649,000-1,670,000-1,436,000-1,260,000-1,201,000-749,000-961,000-994,000-695,000-731,000-672,00063,000
Profit After Tax7,003,0006,553,0004,658,0006,002,0006,315,0005,469,0004,378,0004,859,0003,066,0003,146,0003,438,0002,152,0002,005,0001,465,0003,000,000
Dividends Paid0015,000,000000000000000
Retained Profit7,003,0006,553,000-10,342,0006,002,0006,315,0005,469,0004,378,0004,859,0003,066,0003,146,0003,438,0002,152,0002,005,0001,465,0003,000,000
Employee Costs60,482,00057,545,00051,067,00051,853,00051,100,00047,711,00045,321,00043,081,00039,840,00034,325,00029,754,00026,679,00023,356,00020,747,00019,310,000
Number Of Employees1,4721,4591,4381,5331,5181,4671,4301,3621,3141,154996925832759702
EBITDA*13,630,00011,688,00033,824,00010,815,00011,458,00010,831,00010,042,0006,667,00010,582,00011,591,00011,263,0008,968,0008,099,0006,670,0007,131,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets38,959,00034,047,00033,084,00034,201,00036,143,00036,903,00036,037,00038,496,00037,924,00044,323,00041,007,00037,790,00035,261,00029,033,00022,654,000
Intangible Assets737,000131,000207,000116,000143,000148,000241,000254,000159,000183,00000000
Investments & Other12,00000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets39,708,00034,178,00033,291,00034,317,00036,286,00037,051,00036,278,00038,750,00038,083,00044,506,00041,007,00037,790,00035,261,00029,033,00022,654,000
Stock & work in progress682,000762,000419,000425,000481,000533,000601,000611,000536,000380,000483,000511,000489,000476,000366,000
Trade Debtors28,319,00033,676,00024,625,00021,125,00026,411,00026,816,00024,551,00022,343,00017,122,00014,797,00015,005,00011,782,00011,250,0009,314,0008,134,000
Group Debtors3,697,0002,040,000233,00010,240,0004,709,0006,984,00011,686,0003,370,000219,000353,000518,000594,000528,000489,000468,000
Misc Debtors4,442,0004,147,0003,408,0002,918,0002,801,0002,680,0001,906,0002,036,0001,575,0001,349,0001,780,0001,586,0001,115,0001,162,0001,253,000
Cash20,615,00017,485,00016,104,00016,198,0009,977,0009,365,0004,986,0007,558,0003,728,0002,363,000344,00026,000208,00023,00098,000
misc current assets000000000000000
total current assets57,755,00058,110,00044,789,00050,906,00044,379,00046,378,00043,730,00035,918,00023,180,00019,242,00018,130,00014,499,00013,590,00011,464,00010,319,000
total assets97,463,00092,288,00078,080,00085,223,00080,665,00083,429,00080,008,00074,668,00061,263,00063,748,00059,137,00052,289,00048,851,00040,497,00032,973,000
Bank overdraft000002,796,000550,00000550,0002,140,0001,430,000000
Bank loan0000000550,000550,00000304,0001,602,0004,046,000588,000
Trade Creditors 11,596,00010,338,0009,783,0007,558,0009,068,00010,968,00010,571,00010,100,0007,106,0006,066,0006,971,0005,172,0005,977,0005,368,0004,509,000
Group/Directors Accounts856,000965,000165,0001,170,000301,0002,620,0005,311,0002,809,0001,556,0001,500,0001,047,0001,057,0001,045,000246,00010,000
other short term finances000000000000000
hp & lease commitments1,873,0001,179,000377,0000000384,0002,651,0005,438,0006,257,0005,158,0004,274,0004,135,0003,738,000
other current liabilities12,639,00014,408,00010,824,00010,929,00012,026,00011,149,0009,163,0009,074,0005,738,0005,181,0004,485,0004,388,0003,170,0001,771,0002,864,000
total current liabilities26,964,00026,890,00021,149,00019,657,00021,395,00027,533,00025,595,00022,917,00017,601,00018,735,00020,900,00017,509,00016,068,00015,566,00011,709,000
loans36,00000004,218,0008,204,0009,944,00011,480,00012,702,0006,853,0007,949,0009,397,0003,257,0001,685,000
hp & lease commitments3,766,0001,420,000621,0000000003,046,0005,356,0004,263,0003,053,0003,413,0002,953,000
Accruals and Deferred Income000000000000000
other liabilities27,00000000000000000
provisions5,667,0004,136,0003,021,0001,935,0001,641,000364,000364,000340,000522,000671,000580,000558,000475,000408,000238,000
total long term liabilities9,496,0005,556,0003,642,0001,935,0001,641,0004,582,0008,568,00010,284,00012,002,00016,419,00012,789,00012,770,00012,925,0007,078,0004,876,000
total liabilities36,460,00032,446,00024,791,00021,592,00023,036,00032,115,00034,163,00033,201,00029,603,00035,154,00033,689,00030,279,00028,993,00022,644,00016,585,000
net assets61,003,00059,842,00053,289,00063,631,00057,629,00051,314,00045,845,00041,467,00031,660,00028,594,00025,448,00022,010,00019,858,00017,853,00016,388,000
total shareholders funds61,003,00059,842,00053,289,00063,631,00057,629,00051,314,00045,845,00041,467,00031,660,00028,594,00025,448,00022,010,00019,858,00017,853,00016,388,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit9,827,0008,552,0006,699,0007,577,0007,953,0007,128,0005,929,0006,667,0004,632,0005,024,0005,190,0003,623,0003,441,0002,606,0003,434,000
Depreciation3,583,0003,047,00027,060,0003,180,0003,427,0003,602,0004,010,00005,889,0006,513,0006,073,0005,345,0004,658,0004,064,0003,697,000
Amortisation220,00089,00065,00058,00078,000101,000103,000061,00054,00000000
Tax-2,947,000-1,954,000-2,118,000-1,649,000-1,670,000-1,436,000-1,260,000-1,201,000-749,000-961,000-994,000-695,000-731,000-672,00063,000
Stock-80,000343,000-6,000-56,000-52,000-68,000-10,00075,000156,000-103,000-28,00022,00013,000110,000366,000
Debtors-3,405,00011,597,000-6,017,000362,000-2,559,000-1,663,00010,394,0008,833,0002,417,000-804,0003,341,0001,069,0001,928,0001,110,0009,855,000
Creditors1,258,000555,0002,225,000-1,510,000-1,900,000397,000471,0002,994,0001,040,000-905,0001,799,000-805,000609,000859,0004,509,000
Accruals and Deferred Income-1,769,0003,584,000-105,000-1,097,000877,0001,986,00089,0003,336,000557,000696,00097,0001,218,0001,399,000-1,093,0002,864,000
Deferred Taxes & Provisions1,531,0001,115,0001,086,000294,0001,277,000024,000-182,000-149,00091,00022,00083,00067,000170,000238,000
Cash flow from operations15,188,0003,048,00040,935,0006,547,00012,653,00013,509,000-1,018,0002,706,0008,708,00011,419,0008,874,0007,678,0007,502,0004,714,0004,584,000
Investing Activities
capital expenditure00000-4,504,000-1,247,00077,000811,000-5,565,00041,000480,000-5,596,000-4,693,000-714,000
Change in Investments12,00000000000000000
cash flow from investments-12,0000000-4,504,000-1,247,00077,000811,000-5,565,00041,000480,000-5,596,000-4,693,000-714,000
Financing Activities
Bank loans000000-550,0000550,0000-304,000-1,298,000-2,444,0003,458,000588,000
Group/Directors Accounts-109,000800,000-1,005,000869,000-2,319,000-2,691,0002,502,0001,253,00056,000453,000-10,00012,000799,000236,00010,000
Other Short Term Loans 000000000000000
Long term loans36,000000-4,218,000-3,986,000-1,740,000-1,536,000-1,222,0005,849,000-1,096,000-1,448,0006,140,0001,572,0001,685,000
Hire Purchase and Lease Commitments3,040,0001,601,000998,000000-384,000-2,267,000-5,833,000-3,129,0002,192,0002,094,000-221,000857,0006,691,000
other long term liabilities27,00000000000000000
share issue-5,842,0000000004,948,00000000013,388,000
interest123,000-45,00077,00074,00032,000-223,000-291,000-607,000-817,000-917,000-758,000-776,000-705,000-469,000-497,000
cash flow from financing-2,725,0002,356,00070,000943,000-6,505,000-6,900,000-463,0001,791,000-7,266,0002,256,00024,000-1,416,0003,569,0005,654,00021,865,000
cash and cash equivalents
cash3,130,0001,381,000-94,0006,221,000612,0004,379,000-2,572,0003,830,0001,365,0002,019,000318,000-182,000185,000-75,00098,000
overdraft0000-2,796,0002,246,000550,0000-550,000-1,590,000710,0001,430,000000
change in cash3,130,0001,381,000-94,0006,221,0003,408,0002,133,000-3,122,0003,830,0001,915,0003,609,000-392,000-1,612,000185,000-75,00098,000

P&L

December 2023

turnover

174.7m

-2%

operating profit

9.8m

+15%

gross margin

12%

+17.88%

turnover

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

Balance Sheet

December 2023

net assets

61m

+0.02%

total assets

97.5m

+0.06%

cash

20.6m

+0.18%

net assets

Total assets minus all liabilities

langdon group limited company details

company number

02258673

Type

Private limited with Share Capital

industry

49410 - Freight transport by road

incorporation date

May 1988

age

36

accounts

Group

ultimate parent company

STEF SA

previous names

donoghue rowe swindells limited (January 1991)

incorporated

UK

address

*, showground road, bridgwater, somerset, TA6 6AJ

last accounts submitted

December 2023

langdon group 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 1 charges/mortgages relating to langdon group limited. Currently there are 0 open charges and 1 have been satisfied in the past.

charges

langdon group limited Companies House Filings - See Documents

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