latham trust limited
latham trust limited Company Information
Company Number
00963475
Next Accounts
Sep 2025
Industry
Activities of head offices
Shareholders
the chandler corporation limited
Group Structure
View All
Contact
Registered Address
second floor front suite 29-30, watling street, canterbury, CT1 2UD
Website
sussexbeach.comlatham trust limited Estimated Valuation
Pomanda estimates the enterprise value of LATHAM TRUST LIMITED at £1.1m based on a Turnover of £2.1m and 0.54x industry multiple (adjusted for size and gross margin).
latham trust limited Estimated Valuation
Pomanda estimates the enterprise value of LATHAM TRUST LIMITED at £0 based on an EBITDA of £-279.4k and a 4.08x industry multiple (adjusted for size and gross margin).
latham trust limited Estimated Valuation
Pomanda estimates the enterprise value of LATHAM TRUST LIMITED at £12.4m based on Net Assets of £6.2m and 1.99x industry multiple (adjusted for liquidity).
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Latham Trust Limited Overview
Latham Trust Limited is a live company located in canterbury, CT1 2UD with a Companies House number of 00963475. It operates in the activities of head offices sector, SIC Code 70100. Founded in October 1969, it's largest shareholder is the chandler corporation limited with a 100% stake. Latham Trust Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.1m with healthy growth in recent years.
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Latham Trust Limited Health Check
Pomanda's financial health check has awarded Latham Trust Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£20.6m)
- Latham Trust Limited
£20.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7.4%)
- Latham Trust Limited
7.4% - Industry AVG
Production
with a gross margin of 33.6%, this company has a comparable cost of product (33.6%)
- Latham Trust Limited
33.6% - Industry AVG
Profitability
an operating margin of -13.5% make it less profitable than the average company (5.9%)
- Latham Trust Limited
5.9% - Industry AVG
Employees
with 10 employees, this is below the industry average (111)
10 - Latham Trust Limited
111 - Industry AVG
Pay Structure
on an average salary of £49.7k, the company has an equivalent pay structure (£49.7k)
- Latham Trust Limited
£49.7k - Industry AVG
Efficiency
resulting in sales per employee of £207.3k, this is equally as efficient (£207.3k)
- Latham Trust Limited
£207.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Latham Trust Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Latham Trust Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Latham Trust Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Latham Trust Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.1%, this is a similar level of debt than the average (55.3%)
55.1% - Latham Trust Limited
55.3% - Industry AVG
LATHAM TRUST LIMITED financials
Latham Trust Limited's latest turnover from December 2023 is estimated at £2.1 million and the company has net assets of £6.2 million. According to their latest financial statements, Latham Trust Limited has 10 employees and maintains cash reserves of £38.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 2,175,643 | 2,090,936 | 2,048,500 | 1,933,590 | 1,810,580 | 1,731,368 | 1,695,180 | 1,612,630 | 1,625,031 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 228,691 | 261,107 | 290,272 | 225,975 | 431,455 | 258,369 | 335,253 | 397,590 | 450,099 | ||||||
| Gross Profit | 1,946,952 | 1,829,829 | 1,758,228 | 1,707,615 | 1,379,125 | 1,472,999 | 1,359,927 | 1,215,040 | 1,174,932 | ||||||
| Admin Expenses | 620,960 | 1,875,453 | 1,945,914 | 2,134,081 | 1,616,183 | 1,543,614 | 1,373,720 | 1,420,016 | 1,485,462 | ||||||
| Operating Profit | 1,325,992 | -45,624 | -187,686 | -426,466 | -237,058 | -70,615 | -13,793 | -204,976 | -310,530 | ||||||
| Interest Payable | 6,403 | 7,689 | 9,624 | 10,361 | 7,368 | 6,920 | 7,287 | 10,310 | 5,331 | ||||||
| Interest Receivable | 13,630 | 9,936 | 12,189 | 14,869 | 3,502 | 5,288 | 5,541 | 3,398 | 26,909 | ||||||
| Pre-Tax Profit | 1,333,219 | -43,377 | -185,121 | -125,208 | -107,952 | -69,890 | -1,339 | -66,572 | 14,055 | ||||||
| Tax | -246,080 | 91,084 | 74,553 | 0 | 0 | 0 | 0 | -25 | 9,208 | ||||||
| Profit After Tax | 1,087,139 | 47,707 | -110,568 | -125,208 | -107,952 | -69,890 | -1,339 | -66,597 | 23,263 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 0 | 0 | 0 | -125,208 | -107,952 | -69,890 | -1,339 | -66,597 | 23,263 | ||||||
| Employee Costs | 813,283 | 804,893 | 830,790 | 880,873 | 828,052 | 922,666 | |||||||||
| Number Of Employees | 10 | 10 | 10 | 9 | 9 | 4 | 31 | 33 | 34 | 28 | 25 | 24 | 24 | 24 | 24 |
| EBITDA* | 1,329,011 | -41,599 | -183,661 | -412,035 | -207,158 | -41,721 | 17,501 | -168,782 | -272,938 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,019 | 7,044 | 10,297,196 | 25,500 | 39,300 | 68,194 | 10,380,449 | 135,682 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,070,384 | 2,070,384 | 2,070,384 | 2,070,384 | 2,070,384 | 2,071,399 | 10,895,000 | 9,890,000 | 10,150,000 | 0 | 10,320,617 | 10,315,451 | 10,280,961 | 0 | 10,200,845 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,638 | 9,263 | 11,799 | 12,288 | 76,245 |
| Total Fixed Assets | 2,070,384 | 2,070,384 | 2,070,384 | 2,070,384 | 2,070,384 | 2,071,399 | 10,895,000 | 9,893,019 | 10,157,044 | 10,297,196 | 10,354,755 | 10,364,014 | 10,360,954 | 10,392,737 | 10,412,772 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 293,767 | 294,350 | 243,488 | 239,348 | 237,823 | 238,366 | 235,469 | 236,373 | 238,574 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 1,052,677 | 914,445 | 999,507 | 1,051,380 | 1,159,314 | 983,642 | 936,262 | 846,230 | 1,072,358 |
| Group Debtors | 11,750,044 | 10,196,936 | 7,624,372 | 6,976,000 | 7,445,538 | 70 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,000 | 0 | 3,000 | 3,000 | 3,000 | 0 | 20,625 | 36,166 | 21,737 | 21,711 | 36,406 | 115,928 | 22,595 | 18,594 | 35,779 |
| Cash | 38,260 | 1,341,621 | 3,602,414 | 3,428,291 | 2,303,272 | 304,489 | 1,038,961 | 724,631 | 424,469 | 358,555 | 452,132 | 562,459 | 926,280 | 974,713 | 874,441 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,791,304 | 11,538,557 | 11,229,786 | 10,407,291 | 9,751,810 | 304,559 | 2,406,030 | 1,969,592 | 1,689,201 | 1,670,994 | 1,885,675 | 1,900,395 | 2,120,606 | 2,075,910 | 2,221,152 |
| total assets | 13,861,688 | 13,608,941 | 13,300,170 | 12,477,675 | 11,822,194 | 2,375,958 | 13,301,030 | 11,862,611 | 11,846,245 | 11,968,190 | 12,240,430 | 12,264,409 | 12,481,560 | 12,468,647 | 12,633,924 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,000 | 4,506 | 337 | 171,027 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1,259 | 0 | 0 | 0 | 0 | 23,574 | 17,480 | 21,012 | 75,255 | 71,383 | 50,737 | 60,194 | 143,233 | 156,069 |
| Group/Directors Accounts | 7,602,463 | 6,995,626 | 9,546,771 | 10,643,000 | 10,206,711 | 735,445 | 0 | 0 | 0 | 0 | 150,000 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 34,129 | 143,769 | 250,616 | 23,183 | 25,585 | 53,161 | 1,872,099 | 1,746,598 | 1,652,498 | 1,535,077 | 1,501,492 | 1,459,685 | 1,512,130 | 1,419,008 | 1,334,212 |
| total current liabilities | 7,636,592 | 7,140,654 | 9,797,387 | 10,666,183 | 10,232,296 | 788,606 | 1,895,673 | 1,764,078 | 1,673,510 | 1,610,332 | 1,722,875 | 1,529,422 | 1,576,830 | 1,562,578 | 1,661,308 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 735,688 | 516,003 | 637,912 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 735,688 | 516,003 | 637,912 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 7,636,592 | 7,140,654 | 9,797,387 | 10,666,183 | 10,232,296 | 788,606 | 2,631,361 | 2,280,081 | 2,311,422 | 1,610,332 | 1,722,875 | 1,529,422 | 1,576,830 | 1,562,578 | 1,661,308 |
| net assets | 6,225,096 | 6,468,287 | 3,502,783 | 1,811,492 | 1,589,898 | 1,587,352 | 10,669,669 | 9,582,530 | 9,534,823 | 10,357,858 | 10,517,555 | 10,734,987 | 10,904,730 | 10,906,069 | 10,972,616 |
| total shareholders funds | 6,225,096 | 6,468,287 | 3,502,783 | 1,811,492 | 1,589,898 | 1,587,352 | 10,669,669 | 9,582,530 | 9,534,823 | 10,357,858 | 10,517,555 | 10,734,987 | 10,904,730 | 10,906,069 | 10,972,616 |
| Dec 2023 | 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 | 1,325,992 | -45,624 | -187,686 | -426,466 | -237,058 | -70,615 | -13,793 | -204,976 | -310,530 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 3,019 | 4,025 | 4,025 | 14,431 | 29,900 | 28,894 | 31,294 | 36,194 | 37,592 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -246,080 | 91,084 | 74,553 | 0 | 0 | 0 | 0 | -25 | 9,208 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -293,767 | -583 | 50,862 | 4,140 | 1,525 | -543 | 2,897 | -904 | -2,201 | 238,574 |
| Debtors | 1,556,108 | 2,569,564 | 648,372 | -469,538 | 7,448,468 | -1,073,232 | 122,691 | -70,633 | -51,847 | -131,267 | 95,525 | 138,177 | 93,544 | -307,270 | 1,184,382 |
| Creditors | -1,259 | 1,259 | 0 | 0 | 0 | -23,574 | 6,094 | -3,532 | -54,243 | 3,872 | 20,646 | -9,457 | -83,039 | -12,836 | 156,069 |
| Accruals and Deferred Income | -109,640 | -106,847 | 227,433 | -2,402 | -27,576 | -1,818,938 | 125,501 | 94,100 | 117,421 | 33,585 | 41,807 | -52,445 | 93,122 | 84,796 | 1,334,212 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -735,688 | 219,685 | -121,909 | 637,912 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,312,103 | 639,689 | -244,836 | -239,687 | -244,697 | -65,056 | 212,624 | -196,405 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -1,015 | -8,823,601 | 1,005,000 | -260,000 | 10,150,000 | -10,320,617 | 5,166 | 34,490 | 10,280,961 | -10,200,845 | 10,200,845 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 606,837 | -2,551,145 | -1,096,229 | 436,289 | 9,471,266 | 735,445 | 0 | 0 | 0 | -150,000 | 150,000 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | |||||||||||||||
| interest | 7,227 | 2,247 | 2,565 | 4,508 | -3,866 | -1,632 | -1,746 | -6,912 | 21,578 | ||||||
| cash flow from financing | 1,094,366 | 49,954 | -820,470 | -179,981 | 36,654 | -101,485 | -1,746 | -6,862 | 10,970,931 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | -1,303,361 | -2,260,793 | 174,123 | 1,125,019 | 1,998,783 | -734,472 | 314,330 | 300,162 | 65,914 | -93,577 | -110,327 | -363,821 | -48,433 | 100,272 | 874,441 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -19,000 | 14,494 | 4,169 | -170,690 | 171,027 |
| change in cash | -1,303,361 | -2,260,793 | 174,123 | 1,125,019 | 1,998,783 | -734,472 | 314,330 | 300,162 | 65,914 | -93,577 | -91,327 | -378,315 | -52,602 | 270,962 | 703,414 |
latham trust limited Credit Report and Business Information
Latham Trust Limited Competitor Analysis
Perform a competitor analysis for latham trust limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in CT1 area or any other competitors across 12 key performance metrics.
latham trust limited Ownership
LATHAM TRUST LIMITED group structure
Latham Trust Limited has 9 subsidiary companies.
Ultimate parent company
1 parent
LATHAM TRUST LIMITED
00963475
9 subsidiaries
latham trust limited directors
Latham Trust Limited currently has 10 directors. The longest serving directors include Mr Kenneth Brown (Sep 1991) and Mrs Marie-Louise Brown (Oct 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kenneth Brown | England | 77 years | Sep 1991 | - | Director |
| Mrs Marie-Louise Brown | England | 75 years | Oct 1998 | - | Director |
| Mr James Brown | England | 44 years | Nov 2010 | - | Director |
| Mr Jonathan Brown | England | 23 years | Apr 2019 | - | Director |
| Mr Sebastian Brown | England | 39 years | Apr 2019 | - | Director |
| Mr Nicholas Brown | England | 39 years | Apr 2019 | - | Director |
| Mr Timothy Brown | England | 34 years | Apr 2019 | - | Director |
| Mrs Jennifer Martin | England | 39 years | Apr 2019 | - | Director |
| Dr Samantha Brown | England | 41 years | Apr 2019 | - | Director |
| Mr Nathaniel Brown | United Kingdom | 36 years | Apr 2019 | - | Director |
P&L
December 2023turnover
2.1m
+87%
operating profit
-279.4k
0%
gross margin
33.6%
+0.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6.2m
-0.04%
total assets
13.9m
+0.02%
cash
38.3k
-0.97%
net assets
Total assets minus all liabilities
latham trust limited company details
company number
00963475
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
October 1969
age
55
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
BURGESS HODGSON LLP
auditor
-
address
second floor front suite 29-30, watling street, canterbury, CT1 2UD
Bank
BARCLAYS BANK PLC
Legal Advisor
-
latham trust 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 did not find charges/mortgages relating to latham trust limited.
latham trust 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.
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latham trust limited Companies House Filings - See Documents
| date | description | view/download |
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