ludgate estates limited(the)
ludgate estates limited(the) Company Information
Company Number
00190946
Next Accounts
Mar 2025
Shareholders
richard simcox & quentin smye & fay norman & katherine amanda konsta
richard simcox & douglas williams & laura bell mcmillan
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
2 friarsgate, grosvenor street, chester, cheshire, CH1 1XG
Website
-ludgate estates limited(the) Estimated Valuation
Pomanda estimates the enterprise value of LUDGATE ESTATES LIMITED(THE) at £5.5m based on a Turnover of £1.5m and 3.76x industry multiple (adjusted for size and gross margin).
ludgate estates limited(the) Estimated Valuation
Pomanda estimates the enterprise value of LUDGATE ESTATES LIMITED(THE) at £8.6m based on an EBITDA of £1.1m and a 7.55x industry multiple (adjusted for size and gross margin).
ludgate estates limited(the) Estimated Valuation
Pomanda estimates the enterprise value of LUDGATE ESTATES LIMITED(THE) at £31.8m based on Net Assets of £18m and 1.76x industry multiple (adjusted for liquidity).
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Ludgate Estates Limited(the) Overview
Ludgate Estates Limited(the) is a live company located in chester, CH1 1XG with a Companies House number of 00190946. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 1923, it's largest shareholder is richard simcox & quentin smye & fay norman & katherine amanda konsta with a 48.9% stake. Ludgate Estates Limited(the) is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with low growth in recent years.
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Ludgate Estates Limited(the) Health Check
Pomanda's financial health check has awarded Ludgate Estates Limited(The) a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
2 Weak
Size
annual sales of £1.5m, make it larger than the average company (£836.3k)
£1.5m - Ludgate Estates Limited(the)
£836.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (2.3%)
2% - Ludgate Estates Limited(the)
2.3% - Industry AVG
Production
with a gross margin of 91%, this company has a lower cost of product (72.9%)
91% - Ludgate Estates Limited(the)
72.9% - Industry AVG
Profitability
an operating margin of 77.7% make it more profitable than the average company (26.2%)
77.7% - Ludgate Estates Limited(the)
26.2% - Industry AVG
Employees
with 6 employees, this is above the industry average (4)
6 - Ludgate Estates Limited(the)
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Ludgate Estates Limited(the)
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £243.4k, this is more efficient (£176.4k)
£243.4k - Ludgate Estates Limited(the)
£176.4k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (33 days)
60 days - Ludgate Estates Limited(the)
33 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ludgate Estates Limited(the)
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ludgate Estates Limited(the)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (13 weeks)
33 weeks - Ludgate Estates Limited(the)
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.5%, this is a lower level of debt than the average (67.3%)
14.5% - Ludgate Estates Limited(the)
67.3% - Industry AVG
LUDGATE ESTATES LIMITED(THE) financials
Ludgate Estates Limited(The)'s latest turnover from June 2023 is £1.5 million and the company has net assets of £18 million. According to their latest financial statements, Ludgate Estates Limited(The) has 6 employees and maintains cash reserves of £464.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,460,504 | 1,461,729 | 1,505,985 | 1,389,107 | 1,344,327 | 1,271,578 | 1,266,118 | 1,251,247 | 1,232,694 | 1,185,555 | 1,249,196 | 1,366,565 | 1,350,816 | 1,359,651 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 131,551 | 272,691 | 149,836 | 116,587 | 127,023 | 133,645 | 201,269 | 180,710 | 159,538 | 135,160 | 161,598 | |||
| Gross Profit | 1,328,953 | 1,189,038 | 1,356,149 | 1,272,520 | 1,217,304 | 1,137,933 | 1,064,849 | 1,070,537 | 1,073,156 | 1,215,656 | 1,198,053 | |||
| Admin Expenses | 194,530 | 88,805 | 163,746 | 133,199 | -138,382 | -48,143 | -57,569 | 77,822 | 75,805 | 110,443 | 133,362 | |||
| Operating Profit | 1,134,423 | 1,100,233 | 1,192,403 | 1,139,321 | 1,355,686 | 1,186,076 | 1,122,418 | 992,715 | 997,351 | 937,000 | 1,022,370 | 1,140,692 | 1,105,213 | 1,064,691 |
| Interest Payable | 126,084 | 73,728 | 43,733 | 51,275 | 140,476 | 216,340 | 221,222 | 229,270 | 231,843 | 235,751 | 240,731 | 244,009 | 244,607 | 246,053 |
| Interest Receivable | 6,785 | 223 | 1,490 | 981 | 365 | 290 | 277 | 275 | 360 | 1,195 | 1,047 | 126 | 484 | 1,233 |
| Pre-Tax Profit | 808,712 | 1,757,264 | 1,655,696 | 327,480 | 835,605 | 1,582,054 | 1,497,121 | 958,970 | 1,468,092 | 697,921 | 812,380 | 890,274 | 861,090 | 827,428 |
| Tax | -92,681 | -386,102 | -270,208 | -136,819 | -153,437 | -195,634 | -224,962 | -196,677 | -260,627 | -143,028 | -192,764 | -222,355 | -221,037 | -225,665 |
| Profit After Tax | 716,031 | 1,371,162 | 1,385,488 | 190,661 | 682,168 | 1,386,420 | 1,272,159 | 762,293 | 1,207,465 | 554,893 | 619,616 | 667,919 | 640,053 | 601,763 |
| Dividends Paid | 348,200 | 348,200 | 304,675 | 304,675 | 287,265 | 278,560 | 269,855 | 275,900 | 267,000 | 267,000 | 267,000 | 267,000 | 258,100 | 253,650 |
| Retained Profit | 367,831 | 1,022,962 | 1,080,813 | -114,014 | 394,903 | 1,107,860 | 1,002,304 | 486,393 | 940,465 | 287,893 | 352,616 | 400,919 | 381,953 | 348,113 |
| Employee Costs | 74,280 | 69,038 | 59,434 | 59,434 | 56,658 | 56,658 | 48,500 | |||||||
| Number Of Employees | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 6 | 5 | 5 | 5 | 5 | 5 |
| EBITDA* | 1,134,423 | 1,100,233 | 1,192,403 | 1,139,321 | 1,355,686 | 1,186,076 | 1,122,418 | 992,715 | 997,351 | 937,000 | 1,022,370 | 1,140,692 | 1,105,213 | 1,064,691 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | 20,122,250 | 21,117,000 | 19,268,000 | 17,757,250 | 17,014,250 | 16,272,000 | 15,803,750 | 15,205,000 | 15,009,750 | 13,171,750 | 14,240,250 | 14,686,250 | 15,713,000 | 16,328,000 |
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 20,122,250 | 21,117,000 | 19,268,000 | 17,757,250 | 17,014,250 | 16,272,000 | 15,803,750 | 15,205,000 | 15,009,750 | 13,171,750 | 14,240,250 | 14,686,250 | 15,713,000 | 16,328,000 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 241,808 | 339,101 | 385,218 | 328,199 | 130,487 | 116,854 | 146,521 | 171,482 | 364,705 | 90,639 | 294,788 | 183,532 | 349,924 | 162,986 |
| Group Debtors | ||||||||||||||
| Misc Debtors | 271,884 | 234,906 | 144,170 | 140,498 | 181,723 | 225,233 | 185,609 | 108,596 | 69,475 | 64,135 | 32,937 | 35,670 | 51,295 | 58,428 |
| Cash | 464,695 | 406,155 | 186,090 | 283,653 | 333,594 | 380,532 | 230,361 | 154,939 | 109,075 | 564,110 | 542,076 | 288,157 | 109,666 | 210,664 |
| misc current assets | 12,789 | 49,098 | 102,620 | |||||||||||
| total current assets | 978,387 | 980,162 | 715,478 | 765,139 | 645,804 | 722,619 | 562,491 | 484,115 | 645,875 | 718,884 | 869,801 | 507,359 | 510,885 | 432,078 |
| total assets | 21,100,637 | 22,097,162 | 19,983,478 | 18,522,389 | 17,660,054 | 16,994,619 | 16,366,241 | 15,689,115 | 15,655,625 | 13,890,634 | 15,110,051 | 15,193,609 | 16,223,885 | 16,760,078 |
| Bank overdraft | 1,797,272 | |||||||||||||
| Bank loan | 2,296,936 | 3,200,000 | ||||||||||||
| Trade Creditors | 741 | 690 | 12,600 | 12,000 | 11,400 | |||||||||
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 728,918 | 661,029 | 587,353 | 722,727 | 643,513 | 750,492 | 573,231 | 514,677 | 594,536 | 571,624 | 551,789 | 534,669 | 573,700 | 511,441 |
| total current liabilities | 728,918 | 661,770 | 587,353 | 3,019,663 | 644,203 | 750,492 | 573,231 | 514,677 | 2,404,408 | 571,624 | 551,789 | 546,669 | 585,100 | 3,711,441 |
| loans | 2,184,903 | 3,579,052 | 2,773,202 | 1,342,136 | 937,336 | 1,332,536 | 1,477,736 | 1,193,272 | 1,939,272 | 2,385,272 | 2,831,272 | |||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 311,594 | 499,604 | 540,512 | |||||||||||
| provisions | 148,178 | 255,870 | 39,384 | 56,975 | 84,954 | 34,903 | 158,043 | 170,688 | 175,151 | 185,165 | 193,242 | |||
| total long term liabilities | 2,333,081 | 3,834,922 | 2,812,586 | 1,399,111 | 1,022,290 | 1,679,033 | 1,977,340 | 540,512 | 1,351,315 | 2,109,960 | 2,560,423 | 3,016,437 | 193,242 | |
| total liabilities | 3,061,999 | 4,496,692 | 3,399,939 | 3,019,663 | 2,043,314 | 1,772,782 | 2,252,264 | 2,492,017 | 2,944,920 | 1,922,939 | 2,661,749 | 3,107,092 | 3,601,537 | 3,904,683 |
| net assets | 18,038,638 | 17,600,470 | 16,583,539 | 15,502,726 | 15,616,740 | 15,221,837 | 14,113,977 | 13,197,098 | 12,710,705 | 11,967,695 | 12,448,302 | 12,086,517 | 12,622,348 | 12,855,395 |
| total shareholders funds | 18,038,638 | 17,600,470 | 16,583,539 | 15,502,726 | 15,616,740 | 15,221,837 | 14,113,977 | 13,197,098 | 12,710,705 | 11,967,695 | 12,448,302 | 12,086,517 | 12,622,348 | 12,855,395 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,134,423 | 1,100,233 | 1,192,403 | 1,139,321 | 1,355,686 | 1,186,076 | 1,122,418 | 992,715 | 997,351 | 937,000 | 1,022,370 | 1,140,692 | 1,105,213 | 1,064,691 |
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | -92,681 | -386,102 | -270,208 | -136,819 | -153,437 | -195,634 | -224,962 | -196,677 | -260,627 | -143,028 | -192,764 | -222,355 | -221,037 | -225,665 |
| Stock | ||||||||||||||
| Debtors | -60,315 | 44,619 | 60,691 | 156,487 | -29,877 | 9,957 | 52,052 | -154,102 | 279,406 | -172,951 | 108,523 | -182,017 | 179,805 | 221,414 |
| Creditors | -741 | 741 | -690 | 690 | -12,600 | 12,600 | -12,000 | 600 | 11,400 | |||||
| Accruals and Deferred Income | 67,889 | 73,676 | -135,374 | 79,214 | -106,979 | 177,261 | 58,554 | -79,859 | 22,912 | 19,835 | 17,120 | -39,031 | 62,259 | 511,441 |
| Deferred Taxes & Provisions | -107,692 | 216,486 | 39,384 | -56,975 | -27,979 | 50,051 | 34,903 | -158,043 | -12,645 | -4,463 | -10,014 | -8,077 | 193,242 | |
| Cash flow from operations | 1,061,513 | 960,415 | 765,514 | 867,564 | 1,097,858 | 1,207,797 | 938,861 | 857,681 | 334,787 | 974,113 | 721,740 | 1,051,909 | 769,953 | 1,322,295 |
| Investing Activities | ||||||||||||||
| capital expenditure | -3,102 | 295,477 | 484,863 | 83,465 | 312,557 | |||||||||
| Change in Investments | -994,750 | 1,849,000 | 1,510,750 | 743,000 | 742,250 | 468,250 | 598,750 | 195,250 | 1,838,000 | -1,068,500 | -446,000 | -1,026,750 | -615,000 | 16,328,000 |
| cash flow from investments | -601,852 | -195,250 | -1,838,000 | 1,363,977 | 930,863 | 1,110,215 | 615,000 | -16,015,443 | ||||||
| Financing Activities | ||||||||||||||
| Bank loans | -2,296,936 | 2,296,936 | -3,200,000 | 3,200,000 | ||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -1,394,149 | 805,850 | 2,773,202 | -1,342,136 | 404,800 | -395,200 | -145,200 | 1,477,736 | -1,193,272 | -746,000 | -446,000 | -446,000 | 2,831,272 | |
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -311,594 | -188,010 | -40,908 | 540,512 | ||||||||||
| share issue | ||||||||||||||
| interest | -119,299 | -73,505 | -42,243 | -50,294 | -140,111 | -216,050 | -220,945 | -228,995 | -231,483 | -234,556 | -239,684 | -243,883 | -244,123 | -244,820 |
| cash flow from financing | -1,443,111 | 726,314 | 434,023 | 904,506 | 264,689 | -922,844 | -639,580 | 1,207,833 | -1,081,698 | -1,749,056 | -676,515 | -1,626,633 | -1,227,851 | 15,462,462 |
| cash and cash equivalents | ||||||||||||||
| cash | 58,540 | 220,065 | -97,563 | -49,941 | -46,938 | 150,171 | 75,422 | 45,864 | -455,035 | 22,034 | 253,919 | 178,491 | -100,998 | 210,664 |
| overdraft | -1,797,272 | 1,797,272 | ||||||||||||
| change in cash | 58,540 | 220,065 | -97,563 | -49,941 | -46,938 | 150,171 | 75,422 | 1,843,136 | -2,252,307 | 22,034 | 253,919 | 178,491 | -100,998 | 210,664 |
ludgate estates limited(the) Credit Report and Business Information
Ludgate Estates Limited(the) Competitor Analysis
Perform a competitor analysis for ludgate estates limited(the) by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in CH1 area or any other competitors across 12 key performance metrics.
ludgate estates limited(the) Ownership
LUDGATE ESTATES LIMITED(THE) group structure
Ludgate Estates Limited(The) has no subsidiary companies.
Ultimate parent company
LUDGATE ESTATES LIMITED(THE)
00190946
ludgate estates limited(the) directors
Ludgate Estates Limited(The) currently has 6 directors. The longest serving directors include Mr Nigel Anderton (Apr 1991) and Mr Mark Williams (Nov 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Anderton | 71 years | Apr 1991 | - | Director | |
| Mr Mark Williams | Scotland | 69 years | Nov 1998 | - | Director |
| Mr Alan Bennett | 66 years | Jul 2005 | - | Director | |
| Mr Ian Davies | United Kingdom | 58 years | Jan 2015 | - | Director |
| Mr Andrew Mills | United Kingdom | 58 years | Jan 2015 | - | Director |
| Mr Michael Smye | 60 years | Jan 2020 | - | Director |
P&L
June 2023turnover
1.5m
0%
operating profit
1.1m
+3%
gross margin
91%
+11.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
18m
+0.02%
total assets
21.1m
-0.05%
cash
464.7k
+0.14%
net assets
Total assets minus all liabilities
ludgate estates limited(the) company details
company number
00190946
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
June 1923
age
102
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
UHY HACKER YOUNG
address
2 friarsgate, grosvenor street, chester, cheshire, CH1 1XG
Bank
HANDELSBANKEN PLC
Legal Advisor
-
ludgate estates limited(the) 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 12 charges/mortgages relating to ludgate estates limited(the). Currently there are 10 open charges and 2 have been satisfied in the past.
ludgate estates limited(the) 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 LUDGATE ESTATES LIMITED(THE). This can take several minutes, an email will notify you when this has completed.
ludgate estates limited(the) Companies House Filings - See Documents
| date | description | view/download |
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