lawrences garages (lozells) limited

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lawrences garages (lozells) limited Company Information

Share LAWRENCES GARAGES (LOZELLS) LIMITED

Company Number

00626224

Shareholders

mr douglas peter clackett

judith ann clackett

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Group Structure

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Industry

Educational support activities

 

Registered Address

unit 18 phoenix business park, avenue close, birmingham, west midlands, B7 4NU

lawrences garages (lozells) limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of LAWRENCES GARAGES (LOZELLS) LIMITED at £2.7m based on a Turnover of £5.1m and 0.54x industry multiple (adjusted for size and gross margin).

lawrences garages (lozells) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LAWRENCES GARAGES (LOZELLS) LIMITED at £0 based on an EBITDA of £-4.3k and a 3.5x industry multiple (adjusted for size and gross margin).

lawrences garages (lozells) limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of LAWRENCES GARAGES (LOZELLS) LIMITED at £4.4m based on Net Assets of £1.8m and 2.43x industry multiple (adjusted for liquidity).

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Lawrences Garages (lozells) Limited Overview

Lawrences Garages (lozells) Limited is a live company located in birmingham, B7 4NU with a Companies House number of 00626224. It operates in the educational support services sector, SIC Code 85600. Founded in April 1959, it's largest shareholder is mr douglas peter clackett with a 47.1% stake. Lawrences Garages (lozells) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.1m with high growth in recent years.

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Lawrences Garages (lozells) Limited Health Check

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

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £5.1m, make it larger than the average company (£330.2k)

£5.1m - Lawrences Garages (lozells) Limited

£330.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (8.4%)

16% - Lawrences Garages (lozells) Limited

8.4% - Industry AVG

production

Production

with a gross margin of 33%, this company has a higher cost of product (72.7%)

33% - Lawrences Garages (lozells) Limited

72.7% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (3.6%)

-0.1% - Lawrences Garages (lozells) Limited

3.6% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (9)

4 - Lawrences Garages (lozells) Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.4k, the company has an equivalent pay structure (£28.4k)

£28.4k - Lawrences Garages (lozells) Limited

£28.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.3m, this is more efficient (£52.9k)

£1.3m - Lawrences Garages (lozells) Limited

£52.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 143 days, this is later than average (22 days)

143 days - Lawrences Garages (lozells) Limited

22 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 43 days, this is slower than average (19 days)

43 days - Lawrences Garages (lozells) Limited

19 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lawrences Garages (lozells) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Lawrences Garages (lozells) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 18.7%, this is a lower level of debt than the average (33.7%)

18.7% - Lawrences Garages (lozells) Limited

33.7% - Industry AVG

LAWRENCES GARAGES (LOZELLS) LIMITED financials

EXPORTms excel logo

Lawrences Garages (Lozells) Limited's latest turnover from April 2024 is estimated at £5.1 million and the company has net assets of £1.8 million. According to their latest financial statements, Lawrences Garages (Lozells) Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover5,115,1204,479,8084,049,4433,282,9182,218,2171,972,8781,105,072902,134739,782547,880529,088456,677695,997928,0401,038,254
Other Income Or Grants
Cost Of Sales3,428,3643,214,7992,812,0482,432,2751,702,2791,456,780794,011646,893563,052425,184405,642346,284642,356844,873917,880
Gross Profit1,686,7561,265,0091,237,395850,643515,938516,098311,061255,241176,730122,697123,446110,39353,64183,167120,374
Admin Expenses1,691,0751,075,717857,918725,830-881,9461,005,253280,522199,878140,171120,75697,23667,59779,28176,63183,262
Operating Profit-4,319189,292379,477124,8131,397,884-489,15530,53955,36336,5591,94126,21042,796-25,6406,53637,112
Interest Payable8441,1351,3862,2922,5043,1323,9293,0719431,576
Interest Receivable18425250435171112825
Pre-Tax Profit-4,319189,292379,477124,9981,398,136-489,49529,43853,99434,268-56223,07838,868-25,6386,54449,631
Tax-47,323-72,101-23,750-265,646-5,593-10,259-6,853-4,846-8,940-3,339-1,952
Profit After Tax-4,319141,969307,376101,2481,132,490-489,49523,84543,73527,414-56218,23229,928-25,6383,20547,679
Dividends Paid10,20015,300
Retained Profit-4,319141,969307,376101,2481,132,490-489,49523,84543,73527,414-56218,23229,928-35,8383,20532,379
Employee Costs113,576104,781111,851103,741101,852105,527329,795280,810233,225161,469163,752131,480201,360246,12840,592
Number Of Employees4444441311966581011
EBITDA*-4,319189,292379,477152,0751,415,305-468,53747,36060,38341,2216,67031,12147,800-19,96612,76844,088

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets226,347244,873267,554277,655271,654227,54682,32039,06042,65246,91551,64456,01861,02266,69672,928
Intangible Assets100100100100100
Investments & Other100100100100100100
Debtors (Due After 1 year)7,9969,438
Total Fixed Assets226,347244,873267,554277,655271,754235,64291,85839,16042,75247,01551,74456,11861,12266,79673,028
Stock & work in progress11,5985,1685,571
Trade Debtors2,012,6971,910,8661,768,1751,349,680863,392795,775238,449178,308142,38693,525100,31389,61474,02538,98360,501
Group Debtors165,709171,689185,799
Misc Debtors368,908384,525377,900576,176536,712531,894499,128475,602462,002
Cash368,786134,28613,93217117117617546,80624,762
misc current assets
total current assets2,012,6971,910,8661,768,1751,349,6801,232,178930,061784,664753,622711,656669,872637,196621,684573,328561,391547,265
total assets2,239,0442,155,7392,035,7291,627,3351,503,9321,165,703876,522792,782754,408716,887688,940677,802634,450628,187620,293
Bank overdraft25,0079,92534,43436,08640,95255,41465,48029,022
Bank loan
Trade Creditors 403,984316,360338,319237,30174,581380,252123,047103,803110,22179,59067,93562,15545,45838,76146,510
Group/Directors Accounts7,601
other short term finances
hp & lease commitments14,8234,723
other current liabilities131,06521,03462,95832,66956,26434,54432,95626,16327,21736,200
total current liabilities403,984316,360338,319237,301205,646380,252183,911176,686182,047171,940143,431150,525137,10195,00090,311
loans
hp & lease commitments28,40943,232
Accruals and Deferred Income
other liabilities15,35015,35015,350
provisions15,35015,3509,438
total long term liabilities15,35015,35015,35015,35015,35028,40952,670
total liabilities419,334331,710353,669252,651220,996408,661236,581176,686182,047171,940143,431150,525137,10195,00090,311
net assets1,819,7101,824,0291,682,0601,374,6841,282,936757,042639,941616,096572,361544,947545,509527,277497,349533,187529,982
total shareholders funds1,819,7101,824,0291,682,0601,374,6841,282,936757,042639,941616,096572,361544,947545,509527,277497,349533,187529,982
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-4,319189,292379,477124,8131,397,884-489,15530,53955,36336,5591,94126,21042,796-25,6406,53637,112
Depreciation27,26217,42120,61816,8215,0204,6624,7294,9115,0045,6746,2326,976
Amortisation
Tax-47,323-72,101-23,750-265,646-5,593-10,259-6,853-4,846-8,940-3,339-1,952
Stock-11,5986,430-4035,571
Debtors101,831142,691418,495486,28859,62121,26747,98228,43736,38432,67615,51748,35558,568-7,918522,503
Creditors87,624-21,959101,018162,720-305,671257,20519,244-6,41830,63111,6555,78016,6976,697-7,74946,510
Accruals and Deferred Income-131,065131,065-21,034-41,92430,289-23,59521,7201,5886,793-1,054-8,98336,200
Deferred Taxes & Provisions15,350-9,4389,438
Cash flow from operations-18,526-7,331-10,101-326,308915,432-251,473-25,88745,961-5517,36918,12613,995-72,891615-397,657
Investing Activities
capital expenditure18,52622,68110,101-33,263-61,529-165,844-60,081-1,428-399100-537-80,004
Change in Investments-100100
cash flow from investments18,52622,68110,101-33,163-61,529-165,844-60,081-1,428-399-537-80,004
Financing Activities
Bank loans
Group/Directors Accounts-7,6017,601
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-28,409-29,64658,055-4,7234,723
other long term liabilities-15,35015,350
share issue-9,500-606,596606,596497,603
interest184252-340-1,100-1,369-2,292-2,503-3,131-3,928-3,069-935-1,551
cash flow from financing-15,350-9,316-619,403576,61056,955-6,0922,431-2,503-3,131-3,928-3,069-8,536503,653
cash and cash equivalents
cash-368,786234,500134,286-13,93213,932-171-51-46,63122,04424,762
overdraft-25,00715,082-24,509-1,652-4,866-14,462-10,06636,45829,022
change in cash-368,786234,500159,293-29,01438,4411,4814,86614,45710,067-83,089-6,97824,762

lawrences garages (lozells) 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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Lawrences Garages (lozells) Limited Competitor Analysis

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Perform a competitor analysis for lawrences garages (lozells) limited by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in B 7 area or any other competitors across 12 key performance metrics.

lawrences garages (lozells) limited Ownership

LAWRENCES GARAGES (LOZELLS) LIMITED group structure

Lawrences Garages (Lozells) Limited has 2 subsidiary companies.

Ultimate parent company

LAWRENCES GARAGES (LOZELLS) LIMITED

00626224

2 subsidiaries

LAWRENCES GARAGES (LOZELLS) LIMITED Shareholders

mr douglas peter clackett 47.06%
judith ann clackett 33.33%
lucy rebecca clackett 9.8%
gemma elizabeth ollis 9.8%

lawrences garages (lozells) limited directors

Lawrences Garages (Lozells) Limited currently has 2 directors. The longest serving directors include Mr Douglas Clackett (Jan 1992) and Ms Lucy Clackett (Jun 2023).

officercountryagestartendrole
Mr Douglas ClackettEngland74 years Jan 1992- Director
Ms Lucy ClackettEngland44 years Jun 2023- Director

P&L

April 2024

turnover

5.1m

+14%

operating profit

-4.3k

0%

gross margin

33%

+16.78%

turnover

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

Balance Sheet

April 2024

net assets

1.8m

0%

total assets

2.2m

+0.04%

cash

0

0%

net assets

Total assets minus all liabilities

lawrences garages (lozells) limited company details

company number

00626224

Type

Private limited with Share Capital

industry

85600 - Educational support activities

incorporation date

April 1959

age

66

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

unit 18 phoenix business park, avenue close, birmingham, west midlands, B7 4NU

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

lawrences garages (lozells) 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 6 charges/mortgages relating to lawrences garages (lozells) limited. Currently there are 1 open charges and 5 have been satisfied in the past.

lawrences garages (lozells) limited 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 LAWRENCES GARAGES (LOZELLS) LIMITED. This can take several minutes, an email will notify you when this has completed.

lawrences garages (lozells) limited Companies House Filings - See Documents

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